Valuation Bajaj Finance Limited NSE India S.E.

Equities

Market Closed - NSE India S.E. Other stock markets 04:35:02 12/02/2026 pm IST			5-day change	1st Jan Change
999.10 ^INR	+3.11%		+3.56%	+1.25%

04/02	Nomura Adjusts Bajaj Finance's Price Target to INR1,195 from INR1,205, Keeps at Buy	MT
04/02	JPMorgan Upgrades Bajaj Finance to Overweight from Neutral, Price Target is INR1,150	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	30,89,441	43,95,117	33,88,270	44,70,426	55,50,210	62,02,536	-	-
Change	-	42.26%	-22.91%	31.94%	24.15%	11.75%	-	-
Enterprise Value (EV) ¹	41,27,478	60,10,634	55,12,130	72,97,644	90,27,261	96,65,169	1,05,36,323	1,16,31,113
Change	-	45.62%	-8.29%	32.39%	23.7%	7.07%	9.01%	10.39%
P/E ratio	70.5x	62.7x	29.6x	30.7x	33.4x	32.2x	24.6x	19.9x
PBR	8.39x	10x	6.24x	5.84x	5.74x	5.45x	4.58x	3.82x
PEG	-	1.1x	0.5x	1.3x	2.4x	2x	0.8x	0.8x
Capitalization / Revenue	17.9x	20.1x	11.7x	12.3x	12.3x	11.5x	9.51x	7.76x
EV / Revenue	23.9x	27.5x	19.1x	20.1x	20.1x	18x	16.1x	14.6x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	34.5x	42x	29.4x	30.5x	30.1x	26.7x	23.8x	21.3x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	-	2	3	3.6	4.4	5.116	6.516	7.614
Rate of return	-	0.28%	0.53%	0.5%	0.49%	0.51%	0.65%	0.76%
EPS ²	7.3	11.58	18.96	23.6	26.82	31.06	40.64	50.26
Distribution rate	-	17.3%	15.8%	15.3%	16.4%	16.5%	16%	15.1%
Net sales ¹	1,72,690	2,18,922	2,88,458	3,62,578	4,49,540	5,37,643	6,52,409	7,99,192
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	1,19,608	1,43,072	1,87,175	2,39,403	3,00,280	3,61,952	4,42,542	5,44,879
Net income ¹	44,198	70,282	1,15,077	1,44,512	1,66,378	1,93,011	2,52,543	3,12,348
Net Debt ¹	10,38,036	16,15,516	21,23,860	28,27,218	34,77,051	34,62,633	43,33,787	54,28,577
Reference price ²	514.98	726.00	561.68	724.52	894.56	999.10	999.10	999.10
Nbr of stocks (in thousands)	59,99,090	60,53,922	60,32,438	61,70,147	62,04,402	62,08,124	-	-
Announcement Date	27/04/21	26/04/22	26/04/23	25/04/24	29/04/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ORIX CORPORATION	13.46x	3.58x	26.52x	2.89%	3.9TCr
BAJAJ FINSERV LTD.	30.13x	3.19x	17.64x	0.06%	3.56TCr
SOFI TECHNOLOGIES, INC.	55.84x	6.82x	23.39x	-.--%	2.62TCr
SYNCHRONY FINANCIAL	7.88x	1.84x	-	1.74%	2.54TCr
SHRIRAM FINANCE LIMITED	22.27x	14.15x	28.04x	0.97%	2.19TCr
MUTHOOT FINANCE LIMITED	17.92x	-	-	0.99%	1.74TCr
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	28.49x	20.29x	50.66x	0.13%	1.62TCr
BAJAJ HOUSING FINANCE LIMITED	30.15x	-	-	-.--%	836.51Cr
FIRSTCASH HOLDINGS, INC.	18.76x	-	-	0.92%	802.5Cr
Average	24.99x	8.31x	29.25x	0.85%	2.2TCr
Weighted average by Cap.	24.86x	6.80x	26.70x	1.04%