Bajaj Holdings Share Price ₹11,282 | P/E 14.0

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Bajaj Holdings

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	87	104	225	108	1,212	134	279	126	145	325	397	288	61
Expenses +	32	36	33	36	35	61	46	31	42	41	43	41	37
Operating Profit	55	68	192	72	1,177	73	233	96	103	284	353	247	24
OPM %	63%	66%	85%	67%	97%	54%	83%	76%	71%	87%	89%	86%	39%
Other Income +	1,326	1,375	1,479	1,602	1,563	1,554	1,335	1,694	1,695	3,428	1,630	1,846	2,278
Interest	5	1	1	1	1	0	0	0	0	0	0	0	0
Depreciation	8	8	8	8	8	8	8	8	8	8	8	8	8
Profit before tax	1,368	1,434	1,662	1,665	2,731	1,618	1,559	1,781	1,789	3,704	1,976	2,084	2,293
Tax %	1%	1%	4%	1%	1%	0%	3%	2%	2%	5%	14%	3%	-12%
Net Profit +	1,353	1,416	1,588	1,645	2,716	1,615	1,510	1,750	1,751	3,504	1,690	2,018	2,577
EPS in Rs	121.55	127.19	133.98	147.76	244.05	144.70	129.06	157.09	155.04	313.27	140.08	181.16	231.37

Financials of Bajaj Holdings

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	524	470	842	420	431	435	457	484	522	1,702	739	1,070
Expenses +	40	42	215	65	85	134	106	117	142	140	180	162
Operating Profit	484	429	628	355	347	301	352	367	380	1,562	559	907
OPM %	92%	91%	75%	85%	80%	69%	77%	76%	73%	92%	76%	85%
Other Income +	35	7	8	2,390	2,827	3,058	3,451	3,896	4,673	5,967	6,224	9,182
Interest	0	0	0	0	0	13	4	3	7	2	1	1
Depreciation	6	5	5	5	4	33	34	34	34	34	34	32
Profit before tax	513	430	630	2,739	3,170	3,314	3,766	4,226	5,012	7,493	6,748	10,057
Tax %	19%	21%	21%	3%	4%	7%	3%	2%	1%	2%	2%	3%
Net Profit +	2,029	2,265	2,473	2,655	3,048	3,080	3,654	4,126	4,946	7,365	6,626	9,789
EPS in Rs	182.33	203.54	222.22	238.54	273.90	268.84	327.95	364.41	435.83	652.98	585.90	865.89
Dividend Payout %	19%	16%	15%	17%	12%	15%	12%	32%	28%	20%	16%	23%

Financials of Bajaj Holdings

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	111	111	111	111	111	111	111	111	111	111	111	111
Reserves	13,282	15,182	17,707	25,090	26,841	27,652	37,056	42,731	44,071	54,136	62,576	73,039
Borrowings +	0	0	0	0	0	168	136	114	93	63	31	10
Other Liabilities +	500	178	71	68	56	4,797	8,186	10,632	8,913	10,851	12,547	12,027
Total Liabilities	13,893	15,472	17,889	25,269	27,008	32,729	45,490	53,588	53,188	65,161	75,266	85,187
Fixed Assets +	544	544	222	215	193	374	342	310	278	244	203	181
CWIP	0	0	0	0	0	0	0	0	0	0	0	0
Investments	13,078	13,276	17,364	24,575	26,257	32,068	44,914	52,964	52,555	64,715	73,808	84,865
Other Assets +	271	1,651	302	478	558	287	234	314	355	203	1,254	142
Total Assets	13,893	15,472	17,889	25,269	27,008	32,729	45,490	53,588	53,188	65,161	75,266	85,187

Financials of Bajaj Holdings

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	796	1,147	-923	1,631	628	1,920	272	1,610	1,728	1,941	-1,957	4,780
Cash from Investing Activity +	-464	1,019	-372	-1,123	-163	-800	-308	-151	-137	-472	3,054	-3,695
Cash from Financing Activity +	-391	-761	-110	-434	-536	-1,028	-37	-1,460	-1,587	-1,455	-1,055	-1,156
Net Cash Flow	-59	1,406	-1,406	74	-72	92	-73	-1	4	14	43	-71
Free Cash Flow	796	1,146	-923	1,631	628	1,916	271	1,608	1,726	1,941	-1,865	4,781
CFO/OP	171%	285%	-121%	512%	209%	662%	108%	492%	493%	133%	-233%	624%

Financials of Bajaj Holdings

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	0	0	0	0	0	4	5	8	5	0	0	0
Inventory Days
Days Payable
Cash Conversion Cycle	0	0	0	0	0	4	5	8	5	0	0	0
Working Capital Days	-278	-48	31	120	299	78	67	160	172	11	500	3
ROCE %	4%	3%	4%	13%	12%	11%	10%	9%	10%	13%	10%	11%

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Bajaj Holdings Share Price & Earnings Call Analysis