Bajaj Holdings & Investment Ltd
Bajaj Holdings & Investment Ltd. operates as an Investment Company and is registered as a Non-Banking Financial Institution – Investment and Credit Company with the Reserve Bank of India. The Co. holds more than 30% stake in both Bajaj Auto Ltd. and Bajaj Finserv Ltd. [1]
- Market Cap ₹ 1,16,796 Cr.
- Current Price ₹ 10,495
- High / Low ₹ 11,350 / 6,628
- Stock P/E 40.2
- Book Value ₹ 1,692
- Dividend Yield 1.25 %
- ROCE 17.4 %
- ROE 16.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 29.7% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 69.6%
Cons
- Stock is trading at 6.20 times its book value
- Tax rate seems low
- Company has a low return on equity of 13.1% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
744 | 836 | 1,003 | 1,395 | 883 | 949 | 998 | 2,206 | 426 | 1,831 | 1,936 | 3,176 | 3,139 | |
13 | 21 | 37 | 37 | 211 | 64 | 85 | 114 | 86 | 97 | 119 | 121 | 130 | |
Operating Profit | 731 | 815 | 966 | 1,357 | 673 | 885 | 914 | 2,092 | 340 | 1,734 | 1,817 | 3,055 | 3,009 |
OPM % | 98% | 97% | 96% | 97% | 76% | 93% | 92% | 95% | 80% | 95% | 94% | 96% | 96% |
1 | 3 | 4 | 7 | 5 | 5 | 0 | 0 | 6 | 2 | 1 | 0 | 62 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 4 | 3 | 7 | 2 | 2 |
Depreciation | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 32 | 32 | 32 | 32 | 32 | 32 |
Profit before tax | 730 | 814 | 964 | 1,359 | 672 | 884 | 910 | 2,048 | 310 | 1,701 | 1,779 | 3,021 | 3,037 |
Tax % | 9% | 10% | 10% | 6% | 20% | 10% | 13% | 11% | 36% | 4% | 4% | 4% | |
663 | 733 | 868 | 1,271 | 538 | 800 | 788 | 1,827 | 199 | 1,631 | 1,712 | 2,896 | 2,907 | |
EPS in Rs | 59.60 | 65.89 | 77.97 | 114.16 | 48.36 | 71.88 | 70.82 | 164.15 | 17.84 | 146.51 | 153.79 | 260.25 | 261.22 |
Dividend Payout % | 42% | 46% | 42% | 28% | 67% | 56% | 46% | 24% | 224% | 78% | 80% | 50% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 26% |
3 Years: | 95% |
TTM: | 66% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 30% |
3 Years: | 144% |
TTM: | 69% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 24% |
3 Years: | 30% |
1 Year: | 48% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 12% |
3 Years: | 13% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
Reserves | 5,075 | 5,418 | 5,852 | 6,687 | 7,225 | 10,110 | 10,878 | 10,581 | 13,905 | 15,277 | 15,554 | 18,724 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 168 | 136 | 114 | 93 | 63 | |
422 | 442 | 494 | 172 | 66 | 68 | 56 | 66 | 350 | 567 | 563 | 804 | |
Total Liabilities | 5,609 | 5,972 | 6,457 | 6,970 | 7,402 | 10,289 | 11,046 | 10,926 | 14,503 | 16,069 | 16,321 | 19,701 |
25 | 25 | 25 | 24 | 220 | 215 | 193 | 359 | 328 | 297 | 265 | 234 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 4,932 | 5,366 | 6,173 | 5,308 | 6,894 | 9,597 | 10,295 | 10,335 | 14,020 | 15,492 | 15,724 | 19,289 |
651 | 581 | 259 | 1,637 | 288 | 478 | 557 | 232 | 156 | 280 | 331 | 179 | |
Total Assets | 5,609 | 5,972 | 6,457 | 6,970 | 7,402 | 10,289 | 11,046 | 10,926 | 14,503 | 16,069 | 16,321 | 19,701 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
459 | 868 | 776 | 1,143 | -913 | 1,629 | 627 | 1,849 | 225 | 1,581 | 1,669 | 1,875 | |
-349 | -515 | -445 | 1,022 | -383 | -1,123 | -163 | -844 | -188 | -106 | -133 | -460 | |
-323 | -326 | -391 | -759 | -110 | -432 | -536 | -988 | -35 | -1,475 | -1,532 | -1,402 | |
Net Cash Flow | -213 | 27 | -59 | 1,406 | -1,406 | 74 | -72 | 17 | 2 | -0 | 4 | 13 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | -194 | -164 | -146 | -16 | 30 | 60 | 129 | 15 | 64 | 39 | 45 | 5 |
ROCE % | 15% | 15% | 17% | 21% | 10% | 10% | 9% | 19% | 3% | 11% | 11% | 17% |
Documents
Announcements
-
Communication Sent To Shareholders Regarding Tax Deduction At Source (TDS) On Dividend Income
18 Sep - Communication on TDS for dividend income to shareholders.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 13 Sep
-
Intimation Under Regulation 42 Of The SEBI (LODR) Regulations, 2015 - Record Date
12 Sep - Interim Dividend of Rs. 65 declared for FY 2025.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
12 Sep - Declared interim dividend of Rs. 65 per share.
-
Board Meeting Outcome for Intimation Under Regulation 30 And Regulation 42 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Interim Dividend
12 Sep - Declared interim dividend of Rs. 65 per share.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
History
The Co. was demerged from erstwhile Bajaj Auto Ltd. whereby its manufacturing undertaking has been transferred to the Bajaj Auto Limited (BAL) and its strategic operation involving the wind farm business and financial services business has been transferred to Bajaj Finserv Limited (BFS). All businesses and all properties, assets, investments and liabilities of the former Bajaj auto Ltd, with the exception of the manufacturing and strategic business undertaking, now remain with BHIL. [1]