Bajaj Finserv Ltd.
NSE: BAJAJFINSVBajaj Finserv Ltd.: A 30-second snapshot
Bajaj Finserv (₹1,703.2) is a diversified financial-services holding company spanning lending, life insurance, general insurance, and asset management. Trading 12.6% below its 200-DMA and down 14.45% over 12 months, the stock has a quality score of 23 — 5th of 6 in its Banking peer group — with ROE of 14.6%, zero FCF-positive years recorded, and a rising debt trend. Trailing PE of 27.90 sits above most banking peers while fundamental quality metrics rank near the bottom of the cohort.
P/E
27.9
Forward P/E
18.5
ROE
+14.6%
Debt / Equity
256.36
Profit Margin
+6.6%
Div. Yield
+0.1%
5Y ROE > 15%
0/5
5Y FCF > 0
0/5
Quality
34/100
News
3 headlines · 2 positive · 0 negative
Bajaj Finserv Ltd stock (INE296A01024): Q4 net profit rises 5% YoY - AD HOC NEWS
AD HOC NEWS
Bajaj Finserv Ltd stock (INE296A01024): Flat profit, higher revenue in Q3 FY26 - AD HOC NEWS
AD HOC NEWS
Bajaj Life Insurance Delivers Record ₹1,939 Crore Bonus Amid Industry Challenges - Whalesbook
Whalesbook
Recent context
- ·Q4 FY26 net profit rose 5% YoY; Q3 FY26 showed flat profit with higher revenue — suggesting revenue momentum has outpaced earnings expansion in the most recent two reported quarters.
- ·Bajaj Life Insurance reported a record ₹1,939 crore bonus payout, reflecting underwriting scale within the insurance segment amid what the source described as broader industry challenges.
- ·The stock reached a 52-week low proximity with nearest support at ₹1,693.8 (0.5% below current price of ₹1,703.2) and RSI of 36.61, while resistance levels cluster at ₹1,817.6–₹1,860.
Strengths
- +Forward PE of 18.51 represents a 34% discount to the trailing PE of 27.90, implying analyst consensus expects meaningful earnings acceleration in the near term relative to recent history.
- +Profit margin of 6.57% and 5-year earnings CAGR of 5.7% reflect consistent, if modest, profitability across a multi-segment financial conglomerate that includes insurance, lending, and asset management operations.
- +Bajaj Life Insurance delivered a record ₹1,939 crore bonus in a recent period (per available news), indicating scale and competitive activity within the life insurance segment despite broader industry challenges.
- +Q4 FY26 net profit rose 5% YoY, sustaining a positive earnings trajectory even as Q3 FY26 showed flat profit alongside higher revenue, suggesting cost or provisioning dynamics were managed through the year.
Weaknesses
- −Quality score of 23 ranks 5th of 6 among Banking sector peers; ICICIBANK (64), BAJFINANCE (53), AXISBANK (50), and HDFCBANK (50) all score materially higher, indicating relative weakness in composite fundamental quality within the peer group.
- −ROE of 14.6% has not exceeded 15% in any tracked year, FCF-positive years recorded is zero, and debt trend is rising — consistency score of 29 reflects persistent capital intensity with no demonstrated free cash generation across the available historical window.
- −Price of ₹1,703.2 is 12.6% below the 200-DMA (₹1,949.79) and 3.4% below the 50-DMA (₹1,763.89); the stock is down 14.45% over 12 months, 10.91% over 3 months, and 22.41% from its 52-week high.
- −5-year revenue growth of 5.3% and earnings growth of 5.7% are below the pace implied by a trailing PE of 27.90; the second-highest PE in the peer cohort is not supported by the second-highest growth or quality metrics.
Open questions
- ?Does the conglomerate structure of Bajaj Finserv — spanning lending (via Bajaj Finance), life insurance, general insurance, and asset management — make it more comparable to a holding company or an operating financial group, and how does that affect which valuation multiples are appropriate?
- ?The forward PE of 18.51 versus trailing PE of 27.90 implies a significant near-term earnings step-up; what specific business segments or cost levers are driving that consensus expectation, and how sensitive is it to macro or regulatory changes?
- ?ROE has remained below 15% in all tracked years with zero FCF-positive years recorded — to what extent does the insurance and lending mix structurally constrain free cash generation, and how do holding-company dividends from subsidiaries factor into capital return capacity?
- ?The stock is 22.41% below its 52-week high while some banking sector peers have recovered — is the underperformance specific to sentiment around the insurance segment, the holding-company discount, or broader financials sector rotation?
Peer comparison: Banking
Ranks 5 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| BAJAJFINSV | Bajaj Finserv Ltd.You're viewing | 27.9 | +14.6% | 23 |
| Industry avg | across 5 peers | 28.6 | +14.5% | 47 |
| ICICIBANK | ICICI Bank Ltd. | 16.9 | +16.4% | 64 |
| BAJFINANCE | Bajaj Finance Ltd. | 29.1 | +17.9% | 53 |
| AXISBANK | Axis Bank Ltd. | 15.1 | +13.2% | 50 |
| HDFCBANK | HDFC Bank Ltd. | 16.7 | +13.8% | 50 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 65.1 | +11.3% | 20 |
Technical state
Current price
₹1,703.20
SMA 50
₹1,763.89
SMA 200
₹1,949.79
RSI (14)
36.6 (neutral)
From 52w high
-22.4%
1Y return
-14.4%
3M return
-10.9%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highQuality score of 23 ranks 5th of 6 in the Banking sector peer cohort; ICICIBANK (64), BAJFINANCE (53), AXISBANK (50), and HDFCBANK (50) all score materially higher. ROE of 14.6% has not exceeded 15% in any tracked year, FCF-positive years recorded is zero, and the debt trend is rising — consistency score of 29 reflects persistent capital intensity with no demonstrated free cash generation in the available data window.
- highDebt-to-equity of 256.36 with a rising debt trend, zero FCF-positive years, and ROE below 15% in all tracked periods raises questions about whether leverage is generating adequate equity returns. 5-year revenue growth of 5.3% and earnings growth of 5.7% are modest alongside a trailing PE of 27.90.
- mediumPrice of ₹1,703.2 is 12.6% below the 200-DMA (₹1,949.79) and 3.4% below the 50-DMA (₹1,763.89). Stock is down 14.45% over 12 months and 10.91% over the most recent 3 months, with a 52-week drawdown of 22.41% from its high. RSI of 36.61 is approaching oversold territory. Nearest support is at ₹1,693.8, approximately 0.5% below current price.
- mediumForward PE of 18.51 implies material near-term earnings acceleration relative to trailing PE of 27.90, yet 5-year earnings CAGR has been 5.7%. The gap between trailing and forward multiples rests on growth assumptions that historical rates have not substantiated. Analyst rating data is unavailable despite 15 analysts tracked.
- lowNews coverage is sparse — only 3 articles tracked. Sentiment breakdown (2 positive, 1 neutral) may not be representative of the full information environment. Q4 FY26 net profit rose 5% YoY and Q3 FY26 showed flat profit with higher revenue, consistent with modest growth trajectory.
Cross-section contradictions
- News sentiment is net positive (2 positive, 0 negative) and Q4 FY26 net profit rose 5% YoY, yet the stock is down 14.45% over 12 months and 10.91% over the past 3 months — recent earnings outcomes have not translated into price performance.
- Trailing PE of 27.90 is the second-highest in the 6-stock peer cohort (behind HDFCLIFE at 65.08), yet quality score of 23 is the second-lowest — the current valuation multiple is not matched by relative fundamental quality within the peer group.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 6 Jun 2026 · rotates through NIFTY 500 every ~5 days