Bajaj Holdings & Investment Ltd.
Banking · NSE
52-week range
₹8,588 – ₹14,690
From 52w high
-27.6%
RSI (14)
64.5
vs SMA 50 / 200
↑ 50 · ↓ 200
Bajaj Holdings and Investment Ltd. is an NSE-listed investment holding company trading at ₹10,632, currently below its 200-DMA of ₹11,645.9 with a 27.63% drawdown from the 52-week high. The company reported Q4 FY26 consolidated net profit of ₹2,575 crore (+49% YoY) and proposed a special centenary dividend of ₹130 per share. PE stands at 12.34 against sector peers ranging from 15 to 70, reflecting the holding-company discount typical of this structure.
- ✓PE of 12.34 is the lowest among the 6-stock peer group (sector median spans 15–70), and the quality score of 64 ranks 1st of 6 in the comparison set.
- ✓Debt-to-equity of 0.012 indicates a near-debt-free balance sheet, with a falling debt trend over the persistence period.
- ✓FCF was positive in 3 of the available years, and earnings growth over 5 years is recorded at +49.3%.
- ✓FY26 Q4 net profit rose 49% YoY to ₹2,575 crore and the board proposed a ₹130/share dividend (including a special centenary payout), pointing to strong underlying subsidiary performance flowing through.
- ✗Price has been below the 200-DMA of ₹11,645.9 for an extended period, with a 27.63% drawdown from the 52-week high and a 9.71% decline over 12 months.
- ✗ROE of 12.62% has not exceeded 15% in any year over the persistence window, ranking 5th of 6 among peers — lower than BAJFINANCE (17.91%), HDFCBANK (13.82%), BAJAJFINSV (14.6%), and AXISBANK (13.15%).
- ✗Five-year standalone revenue growth is -48.3%, consistent with the holding-company model where income fluctuates with dividend receipts and treasury activity rather than operating revenues — but the trend is worth tracking.
- ✗No sell-side analyst coverage is captured in the data, removing a common external reference point for valuation context.
- ·On May 7, 2026, Bajaj Holdings reported FY26 Q4 consolidated net profit of ₹2,575 crore, up 49% YoY, and the board proposed a total dividend of ₹130 per share including a special centenary payout — all 5 recent news items relate to this announcement.
- ·Despite the strong earnings and dividend news, the stock price sits 27.63% below its 52-week high and 9.71% below its level 12 months ago, a divergence between reported results and price trajectory.
- ·The sector classification as Banking places BAJAJHLDNG alongside operating lenders and NBFCs; the structural differences between a holding company and its operating peers affect the interpretive weight of PE and ROE comparisons.
- ?Does the holding-company discount (PE of 12.34 vs. operating peers at 15–70) reflect a persistent structural feature of the Bajaj group structure, or has it widened or narrowed over the past 5 years?
- ?What proportion of BAJAJHLDNG's net asset value is attributable to its listed stakes in Bajaj Finance and Bajaj Finserv, and how has that concentration evolved?
- ?How does the special centenary dividend affect the company's investable cash reserves and future dividend-paying capacity relative to historical payout patterns?
- ?Given that ROE has remained below 15% across all measured years, what factors — subsidiary earnings retention, holding-company expenses, or treasury allocation — account for the gap between subsidiary ROE and consolidated holding-company ROE?
PE
12.3
Forward PE
—
ROE
+12.6%
Profit margin
+857.5%
D/E
0.01
Dividend yield
+1.5%
Quality score
64/100
ROE 5y above 15%
0/5 yrs
FCF 5y positive
3/5 yrs
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.Analysis generated 10 May 2026.