Bajaj Finance Limited (IN:BAJFINANCE)
:BAJFINANCE
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Bajaj Finance Limited
(BAJFINANCE)
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Rating:64Neutral
Price Target:
₹884.00
▲(6.97% Upside)
Action:ReiteratedDate:11/12/25
Bajaj Finance Limited's overall stock score is primarily influenced by its strong financial performance, despite challenges in cash flow management. The technical analysis indicates bearish momentum, which is a concern for short-term investors. The valuation suggests the stock is relatively expensive, which could limit upside potential.
Positive Factors
Revenue and Profitability
Consistent revenue expansion together with healthy net and gross margins indicates durable core profitability across consumer and SME lending. This supports reinvestment, credit-loss absorption and pricing power, underpinning earnings resilience and stable returns over the medium term.
Negative Factors
Weak Cash Flow Generation
Persistent negative operating and free cash flow implies reported earnings are not fully converting to cash, increasing reliance on external funding for growth and loan rollovers. Over several months this elevates liquidity and refinancing risk and can constrain capital deployment and margin stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Profitability
Consistent revenue expansion together with healthy net and gross margins indicates durable core profitability across consumer and SME lending. This supports reinvestment, credit-loss absorption and pricing power, underpinning earnings resilience and stable returns over the medium term.
Read all positive factors
Bajaj Finance Limited (BAJFINANCE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹5.14T
Dividend Yield0.56%
Average Volume (3M)420.38K
Price to Earnings (P/E)38.5
Beta (1Y)1.12
Revenue Growth22.38%
EPS Growth18.37%
CountryIN
Employees43,147
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)6.40
Shares Outstanding6,222,484,400
10 Day Avg. Volume511,445
30 Day Avg. Volume420,375
Financial Highlights & Ratios
PEG Ratio2.39
Price to Book (P/B)5.57
Price to Sales (P/S)8.02
P/FCF Ratio-7.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,150.00Price Target Upside39.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)40.37
Revenue Forecast (FY)₹656.17B
Bajaj Finance Limited Business Overview & Revenue Model
Company Description
Bajaj Finance Limited operates as a non-banking financial company in India. The company offers consumer durable, lifestyle, lifecare, digital product, two and three wheeler, developer, used car, medical equipment, vendor, light engineering, specia...
How the Company Makes Money
Bajaj Finance primarily makes money by earning financial income on its lending and financial services activities. The core revenue model is to raise funds (through instruments such as public deposits and market borrowings) and deploy those funds i...
Bajaj Finance Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
75
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 732.18B | 671.27B | 530.51B | 395.27B | 298.86B | 254.37B |
| Gross Profit | 463.52B | 423.56B | 343.26B | 269.67B | 201.32B | 160.23B |
| EBITDA | 253.69B | 229.61B | 199.93B | 160.13B | 98.88B | 63.18B |
| Net Income | 183.01B | 166.38B | 144.51B | 115.08B | 70.28B | 44.20B |
Balance Sheet | ||||||
| Total Assets | 5.10T | 4.66T | 3.76T | 2.75T | 2.13T | 1.72T |
| Cash, Cash Equivalents and Short-Term Investments | 120.01B | 135.44B | 106.24B | 43.05B | 33.81B | 22.58B |
| Total Debt | 3.28T | 2.90T | 2.34T | 1.73T | 1.33T | 1.06T |
| Total Liabilities | 4.04T | 3.67T | 2.99T | 2.21T | 1.69T | 1.35T |
| Stockholders Equity | 1.03T | 966.93B | 766.95B | 543.72B | 437.13B | 369.18B |
Cash Flow | ||||||
| Free Cash Flow | -298.11B | -692.36B | 189.54B | -430.19B | -376.63B | -9.46B |
| Operating Cash Flow | -295.85B | -681.54B | 199.92B | -421.40B | -370.29B | -8.07B |
| Investing Cash Flow | -25.30B | -27.65B | -982.82B | -103.65B | 63.47B | -4.29B |
| Financing Cash Flow | 301.54B | 705.27B | 824.15B | 506.75B | 322.40B | 17.41B |
Bajaj Finance Limited Technical Analysis
Negative
826.40
Price Trends
935.51
Negative
970.15
Negative
963.16
Negative
Market Momentum
-37.69
Positive
38.64
Neutral
25.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BAJFINANCE, the sentiment is Negative. The current price of 826.4 is below the 20-day moving average (MA) of 873.55, below the 50-day MA of 935.51, and below the 200-day MA of 963.16, indicating a bearish trend. The MACD of -37.69 indicates Positive momentum. The RSI at 38.64 is Neutral, neither overbought nor oversold. The STOCH value of 25.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BAJFINANCE.
Bajaj Finance Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹1.16T | 27.83 | ― | 0.12% | 27.30% | 20.42% | |
70 Outperform | ₹1.68T | 18.52 | ― | 1.08% | 21.24% | 22.61% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | ₹1.28T | 13.64 | ― | 0.68% | 41.32% | 56.12% | |
64 Neutral | ₹5.14T | 38.55 | ― | 0.56% | 22.38% | 18.37% | |
62 Neutral | ₹602.18B | 26.76 | ― | 0.91% | 15.90% | 4.53% | |
53 Neutral | ₹396.21B | 8.44 | ― | 2.83% | ― | ― |
* Financial Sector Average
IN:BAJFINANCE
Bajaj Finance Limited
826.40
-40.33
-4.65%
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37.92%
Bajaj Finance Limited Corporate Events
Bajaj Finance Crosses ₹5 Lakh Crore AUM as Customer Base Surges in Q4 FY26
Apr 3, 2026
Bajaj Finance reported that its customer franchise expanded to 119.33 million as of 31 March 2026, up from 101.82 million a year earlier, with 3.93 million customers added in the fourth quarter. New loans booked in Q4 FY26 rose 20.5% year-on-year ...
Bajaj Finance Clears New Share Issue for Employee Welfare Trust
Mar 23, 2026
Bajaj Finance Limited has approved the issuance of 3,472,439 equity shares of face value Re. 1 each to the Trustees of the BFL Employee Welfare Trust under the company’s Employee Stock Option Scheme, 2009. The move reinforces the firm’...
Bajaj Finance Elevates EVP Tushar Deb to Senior Management, Heads Debt Management
Mar 17, 2026
Bajaj Finance has elevated Executive Vice President Tushar Deb to the status of Senior Management Personnel, effective 1 April 2026, as he assumes leadership of the company’s Debt Management Services function. With more than 25 years of expe...
Bajaj Finance Schedules Virtual Group Meetings With Institutional Investors on 19 March 2026
Mar 16, 2026
Bajaj Finance Limited has notified the stock exchanges that it will hold group meetings with institutional investors and funds on Thursday, 19 March 2026. The interactions will be held virtually, with Pune, Maharashtra indicated as the venue, and ...
Bajaj Finance Files SEBI Demat Compliance Certificate for December Quarter
Jan 8, 2026
Bajaj Finance Limited has disclosed that its registrar and share transfer agent, KFin Technologies Limited, has issued a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter en...
Bajaj Finance Receives Independent ESG Rating of 70
Jan 6, 2026
Bajaj Finance Limited has disclosed that ESG Risk Assessments and Insights Limited has assigned the company an ESG rating of 70 as part of its annual environmental, social and governance assessment, based on information available in the public dom...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.