Bajaj Finserv (BAJAJFINSV)₹1,837−0.98%Holding Company
In the Jun 2026 quarter (consolidated), Bajaj Finserv reported sales of ₹41,881 Cr, up 19.1% from Jun 2025, and net profit of ₹6,272 Cr, up 18.1% year on year. For the year to Mar 2026, sales were ₹1.50 L Cr and net profit ₹19,616 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25,931 | 28,931 | 31,937 | 31,361 | 33,589 | 31,929 | 36,470 | 35,159 | 37,262 | 39,548 | 38,380 | 41,881 |
| Expenses | 16,138 | 18,686 | 21,181 | 19,731 | 21,488 | 19,759 | 23,942 | 21,063 | 23,424 | 25,944 | 24,079 | 24,993 |
| Operating Profit | 9,960 | 10,436 | 10,937 | 11,823 | 12,290 | 12,370 | 12,724 | 14,332 | 14,049 | 13,864 | 14,521 | 17,141 |
| OPM % | 38.0% | 36.0% | 34.0% | 38.0% | 36.0% | 39.0% | 35.0% | 41.0% | 38.0% | 35.0% | 38.0% | 41.0% |
| Other Income | 0.00 | 1.99 | 3.99 | 2.99 | 2.99 | 2.99 | 9.98 | 12.97 | 2.99 | −377 | 24.94 | 4.99 |
| Interest | 4,458 | 4,788 | 5,165 | 5,604 | 6,056 | 6,288 | 6,408 | 6,823 | 6,914 | 7,249 | 7,311 | 7,852 |
| Depreciation | 210 | 232 | 258 | 267 | 275 | 289 | 340 | 318 | 328 | 331 | 318 | 381 |
| Profit before tax | 5,293 | 5,428 | 5,521 | 5,962 | 5,961 | 5,810 | 6,000 | 7,197 | 6,821 | 5,922 | 6,925 | 8,925 |
| Tax % | 29.0% | 26.0% | 26.0% | 29.0% | 30.0% | 24.0% | 21.0% | 26.0% | 30.0% | 26.0% | 25.0% | 30.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −260 | 0.00 | 0.00 |
| Net Profit | 3,745 | 4,033 | 4,069 | 4,193 | 4,167 | 4,397 | 4,740 | 5,309 | 4,729 | 4,351 | 5,212 | 6,272 |
| EPS (Rs) | 12.12 | 13.57 | 13.33 | 13.45 | 13.12 | 14.01 | 15.20 | 17.53 | 14.09 | 14.00 | 15.91 | 19.65 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 20,467 | 24,418 | 32,753 | 42,493 | 54,170 | 60,396 | 68,132 | 81,788 | 1,10,025 | 1,32,491 | 1,50,085 | 1,57,072 |
| Expenses | 13,841 | 15,846 | 22,161 | 27,658 | 36,249 | 41,073 | 47,134 | 52,380 | 69,737 | 83,678 | 93,809 | 98,441 |
| Operating Profit | 6,746 | 8,713 | 10,799 | 15,054 | 18,262 | 19,650 | 21,450 | 29,875 | 40,902 | 49,510 | 57,139 | 59,575 |
| OPM % | 33.0% | 36.0% | 33.0% | 35.0% | 34.0% | 32.0% | 31.0% | 36.0% | 37.0% | 37.0% | 38.0% | 37.9% |
| Other Income | 0.00 | 0.00 | 0.99 | 1.99 | 0.00 | −6.99 | 7.98 | 0.99 | −3.99 | −17.96 | −381 | −344 |
| Interest | 2,881 | 3,725 | 4,537 | 6,672 | 9,514 | 9,292 | 9,649 | 12,412 | 18,645 | 24,633 | 28,621 | 29,327 |
| Depreciation | 58.13 | 73.21 | 160 | 227 | 458 | 499 | 564 | 680 | 903 | 1,173 | 1,294 | 1,357 |
| Profit before tax | 3,800 | 4,926 | 6,093 | 8,150 | 8,297 | 9,854 | 11,273 | 16,807 | 21,352 | 23,739 | 26,870 | 28,593 |
| Tax % | 27.0% | 30.0% | 32.0% | 33.9% | 28.0% | 25.0% | 26.0% | 27.0% | 27.0% | 26.0% | 27.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −4.98 | 5.98 | 0.00 | −8.98 | −25.93 | −281 | −260 |
| Net Profit | 2,768 | 3,437 | 4,164 | 5,352 | 5,978 | 7,343 | 8,286 | 12,159 | 15,535 | 17,497 | 19,616 | 20,564 |
| EPS (Rs) | 11.76 | 14.26 | 16.70 | 20.30 | 21.25 | 28.18 | 28.74 | 40.45 | 51.27 | 55.80 | 61.44 | 63.65 |
| Dividend payout % | 1.0% | 1.0% | 1.0% | 1.0% | 2.0% | 1.0% | 1.0% | 2.0% | 2.0% | 2.0% | 2.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 79.63 | 79.63 | 79.65 | 79.67 | 79.65 | 79.65 | 79.62 | 79.64 | 158 | 158 | 159 | 159 |
| Reserves | 11,014 | 13,501 | 16,049 | 20,386 | 23,618 | 31,148 | 35,710 | 40,127 | 46,190 | 60,114 | 72,153 | 77,651 |
| Borrowings | 26,334 | 36,030 | 48,210 | 65,623 | 99,607 | 1,26,981 | 1,28,361 | 1,61,024 | 2,12,156 | 2,88,784 | 3,55,523 | 4,29,438 |
| Other Liabilities | 50,583 | 54,029 | 63,873 | 74,975 | 84,526 | 92,346 | 1,14,999 | 1,31,353 | 1,46,025 | 1,87,251 | 2,22,197 | 2,49,463 |
| Total Liabilities | 88,011 | 1,03,640 | 1,28,212 | 1,61,063 | 2,07,831 | 2,50,554 | 2,79,150 | 3,32,584 | 4,04,528 | 5,36,307 | 6,50,031 | 7,56,711 |
| Fixed Assets | 1,265 | 1,279 | 1,650 | 1,800 | 2,105 | 3,226 | 3,193 | 3,602 | 4,352 | 5,478 | 6,322 | 6,757 |
| CWIP | 2.99 | 10.98 | 3.99 | 27.96 | 65.86 | 44.89 | 129 | 113 | 191 | 219 | 313 | 320 |
| Investments | 51,214 | 53,485 | 62,381 | 69,207 | 81,386 | 91,472 | 1,13,197 | 1,18,859 | 1,35,735 | 1,69,567 | 1,89,344 | 1,93,820 |
| Other Assets | 35,530 | 48,866 | 64,176 | 90,029 | 1,24,275 | 1,55,813 | 1,62,631 | 2,10,012 | 2,64,251 | 3,61,043 | 4,54,052 | 5,55,814 |
| Trade receivables | 542 | 683 | 1,257 | 1,759 | 2,281 | 2,668 | 2,761 | 3,013 | 3,471 | 5,997 | 8,350 | 9,363 |
| Cash & equivalents | 1,414 | 2,173 | 1,503 | 1,610 | 1,594 | 2,533 | 3,423 | 4,419 | 5,393 | 12,420 | 15,782 | 17,679 |
| Total Assets | 88,011 | 1,03,640 | 1,28,212 | 1,61,063 | 2,07,831 | 2,50,554 | 2,79,150 | 3,32,584 | 4,04,528 | 5,36,307 | 6,50,031 | 7,56,711 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −10,709 | −9,768 | −10,900 | −19,543 | −27,012 | −23,314 | 4,537 | −33,603 | −39,396 | −65,296 | −61,567 | −55,118 |
| Cash from investing activity | 3,717 | −888 | 152 | −924 | −6,920 | −9,980 | −3,695 | 1,449 | −13,976 | −14,175 | −8,007 | −12,658 |
| Cash from financing activity | 6,861 | 11,644 | 12,567 | 19,671 | 34,671 | 34,588 | 1,692 | 32,444 | 51,193 | 82,946 | 70,031 | 66,820 |
| Net cash flow | −184 | 923 | 1,745 | −913 | 556 | 1,165 | 2,559 | 101 | −2,414 | 3,084 | 92.26 | −1,330 |
| Capex | 0.00 | 0.00 | 0.00 | 340 | 646 | 877 | 471 | 909 | 1,219 | 1,433 | 1,863 | 1,447 |
| Free cash flow | −10,724 | −9,788 | −10,913 | −19,876 | −27,645 | −24,238 | 4,096 | −34,426 | −40,558 | −66,802 | −63,451 | −56,616 |
| CFO / OP % | −195.0% | −145.0% | −125.1% | −162.0% | −161.0% | −113.0% | 34.0% | −142.1% | −117.0% | −146.0% | −111.1% | −84.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 16 | 11 | 18 | 18 | 18 | 17 | 16 | 15 | 14 | 19 | 22 | 22 |
| Cash conversion cycle | 16 | 11 | 18 | 18 | 18 | 17 | 16 | 15 | 14 | 19 | 22 | 22 |
| Working capital days | −742 | −342 | −302 | −751 | −645 | −418 | −491 | −494 | −445 | −407 | −378 | −365 |
| ROCE % | 14.9% | 14.0% | 13.9% | 12.9% | 12.9% | 10.9% | 9.9% | 9.9% | 11.0% | 11.9% | 11.0% | 10.9% |
For the Jun 2026 quarter, Bajaj Finserv reported sales of ₹41,881 Cr, up 19.1% year on year and net profit of ₹6,272 Cr, up 18.1% year on year. The operating margin was 41.0%.
Bajaj Finserv's sales for the year to Mar 2026 were ₹1.50 L Cr; over the last twelve months they were ₹1.57 L Cr.
Net profit for the year to Mar 2026 was ₹19,616 Cr, and ₹20,564 Cr over the last twelve months. Earnings per share over the same trailing period were ₹63.65.
Bajaj Finserv reported borrowings of ₹4.29 L Cr at Mar 2026, against cash and equivalents of ₹17,679 Cr.
Cash from operations was −₹55,118 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹56,616 Cr.