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BAJAJFINSV - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.9

Last Updated Time : 19 Mar 26, 07:09 pm

Fundamental Rating: 2.9

Stock Code BAJAJFINSV Market Cap 2,86,914 Cr. Current Price 1,793 ₹ High / Low 2,195 ₹
Stock P/E 202 Book Value 62.6 ₹ Dividend Yield 0.06 % ROCE 27.4 %
ROE 20.9 % Face Value 1.00 ₹ DMA 50 1,946 ₹ DMA 200 1,977 ₹
Chg in FII Hold -0.05 % Chg in DII Hold 0.25 % PAT Qtr 0.62 Cr. PAT Prev Qtr 1,085 Cr.
RSI 33.7 MACD -64.6 Volume 15,35,510 Avg Vol 1Wk 15,09,865
Low price 1,726 ₹ High price 2,195 ₹ PEG Ratio 3.51 Debt to equity 0.00
52w Index 14.2 % Qtr Profit Var -94.2 % EPS 8.91 ₹ Industry PE 16.9

📊 Financial Overview

  • Revenue & Profitability: PAT collapsed from 1,085 Cr. to 0.62 Cr. (-94.2%), showing severe earnings volatility.
  • Margins & Returns: ROCE (27.4%) and ROE (20.9%) are strong, reflecting efficient capital use despite weak quarterly results.
  • Debt: Debt-to-equity ratio at 0.00, debt-free balance sheet ensures financial stability.
  • Cash Flow: EPS at 8.91 ₹, very low relative to valuation multiples.

💹 Valuation Metrics

  • P/E Ratio: 202 vs Industry PE of 16.9 → Extremely overvalued.
  • P/B Ratio: Current Price ₹1,793 vs Book Value ₹62.6 → Highly stretched.
  • PEG Ratio: 3.51 → Suggests poor valuation relative to growth.
  • Intrinsic Value: Current price far above fair value zone.

🏢 Business Model & Competitive Advantage

  • Strong presence in financial services, insurance, and investments.
  • High ROCE and ROE highlight operational efficiency.
  • However, earnings volatility and stretched valuations undermine competitive strength.

📈 Entry Zone Recommendation

  • Technicals: RSI at 33.7 (oversold), MACD negative, price below 50DMA & 200DMA.
  • Suggested entry zone: ₹1,500–₹1,600 if correction continues.
  • Long-term holding viable only if earnings stabilize and valuation aligns closer to industry averages.


✅ Positive

  • Strong ROCE (27.4%) and ROE (20.9%).
  • Debt-free balance sheet.
  • DII holding increased (+0.25%).

⚠️ Limitation

  • Quarterly profit collapsed (-94.2%).
  • Extremely high P/E ratio (202) compared to industry average.
  • P/B ratio highly stretched.
  • Dividend yield very low (0.06%).

📉 Company Negative News

  • FII holding reduced (-0.05%).
  • Weak quarterly earnings performance.

📈 Company Positive News

  • DII holding increased (+0.25%).
  • Strong efficiency metrics despite earnings volatility.

🏭 Industry

  • Industry PE at 16.9, far lower than company’s 202.
  • Financial services sector stable, but company trades at extreme premium.

🔎 Conclusion

  • Bajaj Finserv shows strong efficiency metrics but faces severe earnings volatility.
  • Valuation is extremely stretched compared to industry peers, limiting near-term upside.
  • Best strategy: Wait for correction towards ₹1,500–₹1,600 before entry.
  • Long-term holding viable only if profitability stabilizes and valuation normalizes.

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