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BAJAJFINSV - Investment Analysis: Buy Signal or Bull Trap?

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Rating: 2.9

Last Updated Time : 05 Feb 26, 09:05 am

Investment Rating: 2.9

Stock Code BAJAJFINSV Market Cap 3,22,566 Cr. Current Price 2,019 ₹ High / Low 2,195 ₹
Stock P/E 227 Book Value 62.6 ₹ Dividend Yield 0.05 % ROCE 27.4 %
ROE 20.9 % Face Value 1.00 ₹ DMA 50 2,008 ₹ DMA 200 1,989 ₹
Chg in FII Hold -0.05 % Chg in DII Hold 0.25 % PAT Qtr 0.62 Cr. PAT Prev Qtr 1,085 Cr.
RSI 55.3 MACD -15.7 Volume 11,99,148 Avg Vol 1Wk 11,86,326
Low price 1,727 ₹ High price 2,195 ₹ PEG Ratio 3.95 Debt to equity 0.00
52w Index 62.4 % Qtr Profit Var -94.2 % EPS 8.91 ₹ Industry PE 19.9

📊 Analysis: BAJAJFINSV shows strong efficiency metrics with ROCE at 27.4% and ROE at 20.9%, supported by a debt-free balance sheet. However, the stock trades at an extremely high P/E of 227 compared to the industry average of 19.9, indicating severe overvaluation. The PEG ratio of 3.95 further highlights expensive growth. Dividend yield is negligible at 0.05%, offering little income. EPS is weak at ₹8.91, and quarterly PAT dropped sharply from ₹1,085 Cr. to ₹0.62 Cr. (-94.2%), raising concerns about earnings consistency. Technical indicators (RSI 55.3, MACD negative) suggest neutral to bearish momentum.

💰 Entry Price Zone: Ideal entry would be in the ₹1,700 – ₹1,800 range, closer to its 52-week low of ₹1,727, where valuations would be relatively less stretched.

Exit Strategy / Holding Period: For existing holders, this is a speculative long-term play (3–5 years). Consider partial profit booking near ₹2,150–₹2,200 (upper range) unless earnings growth stabilizes. Long-term holding should depend on consistent profitability and EPS improvement.


✅ Positive

  • Strong ROCE (27.4%) and ROE (20.9%) indicate efficient capital usage.
  • Debt-free balance sheet ensures financial resilience.
  • DII holdings increased (+0.25%), showing domestic institutional support.

⚠️ Limitation

  • Extremely high P/E (227) compared to industry average (19.9).
  • PEG ratio of 3.95 signals expensive growth.
  • Dividend yield of 0.05% is unattractive for income investors.
  • EPS of ₹8.91 is weak relative to valuation.
  • FII holdings slightly reduced (-0.05%), showing cautious foreign sentiment.

📉 Company Negative News

  • Quarterly PAT collapsed from ₹1,085 Cr. to ₹0.62 Cr. (-94.2%), raising concerns about earnings stability.
  • Valuation multiples remain excessively high despite weak profitability.

📈 Company Positive News

  • Debt-free structure provides resilience in volatile markets.
  • Strong efficiency metrics (ROCE and ROE) highlight operational strength.

🏭 Industry

  • Financial services sector trades at an average P/E of 19.9, far below BAJAJFINSV’s valuation.
  • Industry outlook remains positive with rising demand for diversified financial services.

🔎 Conclusion

BAJAJFINSV is financially resilient but extremely overvalued with weak earnings performance. Long-term investors should wait for a correction towards ₹1,700–₹1,800 before entering. Existing holders may adopt a cautious 3–5 year horizon and consider profit booking near highs unless earnings growth stabilizes significantly.

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