Valuation Bajaj Finserv Ltd.

Equities

Market Closed - NSE India S.E. Other stock markets 04:35:02 20/04/2026 pm IST			5-day change	1st Jan Change
1,830.60 ^INR	-0.45%		+1.18%	-10.26%

01/04	Biz Hero India Pvt Ltd. announced that it has received INR 800 million in funding from Bajaj Finserv Ltd., Real Ispat And Power Limited, Orios Venture Advisors Private Limited, Venture Catalysts Private Limited, Info Edge Ventures and other investors	CI
19/03	Assiduus Distribution Private Limited announced that it has received INR 2.33 billion in funding from StartupXseed Ventures LLP, Uncorrelated Ventures, Bajaj Finserv Ltd. and other investors	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	15,38,636	27,14,956	20,17,301	26,42,346	31,99,974	29,21,650	-	-
Change	-	76.45%	-25.7%	30.98%	21.1%	-8.7%	-	-
Enterprise Value (EV) ¹	15,38,636	27,14,956	20,17,301	47,92,958	58,72,073	44,02,159	47,54,382	53,85,137
Change	-	76.45%	-25.7%	137.59%	22.51%	-25.03%	8%	13.27%
P/E ratio	34.4x	59.6x	115x	32.4x	36.5x	27.2x	22.1x	18.2x
PBR	4.29x	6.75x	4.35x	4.34x	4.43x	3.54x	3.11x	2.66x
PEG	-	31x	-1.9x	0x	4.3x	1.2x	0.9x	0.8x
Capitalization / Revenue	2.54x	3.97x	2.89x	2.39x	2.39x	1.96x	1.67x	1.45x
EV / Revenue	2.54x	3.97x	2.89x	4.34x	4.39x	2.95x	2.72x	2.67x
EV / EBITDA	-	-	-	17.8x	17.9x	16.5x	14.1x	12.6x
EV / EBIT	9.71x	16.9x	10.1x	18.4x	18.5x	11.5x	10.2x	9.27x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.3	0.4	0.8	1	1	1.253	1.287	1.287
Rate of return	0.03%	0.02%	0.06%	0.06%	0.05%	0.07%	0.07%	0.07%
EPS ²	28.09	28.63	11	50.7	55	67.27	82.94	100.8
Distribution rate	1.07%	1.4%	7.27%	1.97%	1.82%	1.86%	1.55%	1.28%
Net sales ¹	6,05,916	6,84,390	6,98,706	11,03,830	13,38,221	14,93,905	17,47,677	20,16,909
EBITDA ¹	-	-	-	2,69,006	3,28,481	2,67,397	3,38,237	4,26,239
EBIT ¹	1,58,412	1,60,740	2,00,011	2,60,005	3,16,778	3,84,066	4,64,490	5,80,799
Net income ¹	44,705	45,568	64,173	81,478	88,723	1,07,577	1,32,488	1,61,024
Net Debt ¹	-	-	-	21,50,612	26,72,099	14,80,509	18,32,732	24,63,487
Reference price ²	966.86	1,706.04	1,266.50	1,643.85	2,007.35	1,830.60	1,830.60	1,830.60
Nbr of stocks (in thousands)	15,91,374	15,91,374	15,92,815	16,07,413	15,94,128	15,96,007	-	-
Announcement Date	28/04/21	28/04/22	27/04/23	26/04/24	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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BAJAJ FINSERV LTD.	27.33x	2.96x	16.51x	0.07%	3.17TCr
BAJAJ FINANCE LIMITED	29.41x	16.95x	-	0.56%	6.1TCr
ORIX CORPORATION	12.33x	3.44x	24.3x	3.14%	3.36TCr
SYNCHRONY FINANCIAL	8.47x	1.99x	-	1.61%	2.72TCr
SHRIRAM FINANCE LIMITED	21.4x	15.87x	31.44x	0.99%	2.64TCr
SOFI TECHNOLOGIES, INC.	32.25x	4.47x	13.08x	-.--%	2.48TCr
MUTHOOT FINANCE LIMITED	15.01x	-	-	1.11%	1.55TCr
TATA CAPITAL LIMITED	28.12x	-	-	-	1.54TCr
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	26.19x	19.62x	48.97x	0.14%	1.45TCr
Average	22.28x	9.33x	26.86x	0.95%	2.78TCr
Weighted average by Cap.	22.85x	9.63x	24.47x	0.98%