Valuation Bajaj Finserv Ltd.

Equities

Market Closed - NSE India S.E. Other stock markets 07:05:07 2026-05-15 am EDT			5-day change	1st Jan Change
1,728.10 ^INR	-0.70%		-4.96%	-15.29%

May. 04	Jefferies Adjusts Bajaj Finserv's Price Target to INR2,400 From INR2,710, Keeps at Buy	MT
Apr. 30	Bajaj Finserv Ltd. announces Annual dividend, payable on August 04, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,538,636	2,714,956	2,017,301	2,642,346	3,199,974	2,754,863	-	-
Change	-	76.45%	-25.7%	30.98%	21.1%	-13.91%	-	-
Enterprise Value (EV) ¹	1,538,636	2,714,956	2,017,301	4,792,958	5,872,073	6,041,969	8,349,818	9,541,116
Change	-	76.45%	-25.7%	137.59%	22.51%	2.89%	97.14%	14.27%
P/E ratio	34.4x	59.6x	115x	32.4x	36.5x	26.8x	23.3x	19.1x
PBR	4.29x	6.75x	4.35x	4.34x	4.43x	3.35x	3.12x	2.64x
PEG	-	31x	-1.9x	0x	4.3x	2.5x	2.3x	0.9x
Capitalization / Revenue	2.54x	3.97x	2.89x	2.39x	2.39x	1.73x	1.65x	1.39x
EV / Revenue	2.54x	3.97x	2.89x	4.34x	4.39x	4.01x	5x	4.81x
EV / EBITDA	-	-	-	17.8x	17.9x	15.9x	24.8x	23.1x
EV / EBIT	9.71x	16.9x	10.1x	18.4x	18.5x	16.5x	18.9x	18.4x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.3	0.4	0.8	1	1	1.5	1.453	1.62
Rate of return	0.03%	0.02%	0.06%	0.06%	0.05%	0.09%	0.08%	0.09%
EPS ²	28.09	28.63	11	50.7	55	61	74.23	90.64
Distribution rate	1.07%	1.4%	7.27%	1.97%	1.82%	2.46%	1.96%	1.79%
Net sales ¹	605,916	684,390	698,706	1,103,830	1,338,221	1,505,038	1,670,031	1,985,031
EBITDA ¹	-	-	-	269,006	328,481	379,909	336,280	413,898
EBIT ¹	158,412	160,740	200,011	260,005	316,778	366,996	440,812	517,697
Net income ¹	44,705	45,568	64,173	81,478	88,723	98,010	118,548	146,237
Net Debt ¹	-	-	-	2,150,612	2,672,099	3,437,605	5,594,955	6,786,254
Reference price ²	966.86	1,706.04	1,266.50	1,643.85	2,007.35	1,728.10	1,728.10	1,728.10
Nbr of stocks (in thousands)	1,591,374	1,591,374	1,592,815	1,607,413	1,594,128	1,594,157	-	-
Announcement Date	4/28/21	4/28/22	4/27/23	4/26/24	4/29/25	4/30/26	-	-

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.	25.69x	2.84x	15.84x	0.07%	28.71B
BAJAJ FINANCE LIMITED	29.48x	16.96x	-	0.56%	58.87B
ORIX CORPORATION	14.23x	3.75x	26.67x	2.72%	39.96B
SYNCHRONY FINANCIAL	7.67x	1.74x	-	1.77%	24.01B
SHRIRAM FINANCE LIMITED	19.35x	15x	29.71x	1.09%	22.99B
SOFI TECHNOLOGIES, INC.	26.19x	3.95x	11.57x	-.--%	20.02B
MUTHOOT FINANCE LIMITED	13.92x	-	-	1.19%	13.86B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	25.65x	19.46x	48.58x	0.14%	13.75B
TATA CAPITAL LIMITED	25.63x	-	-	-	13.53B
Average	20.87x	9.10x	26.47x	0.94%	26.19B
Weighted average by Cap.	21.58x	9.42x	24.74x	1.04%