BAJFINANCE
Large CapBajaj Finance Limited
Financial Services
Bajaj Finance Limited operates in Consumer Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Weak fundamentals, management trust needs verification, price trend argues for patience, and recent execution is consistent.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 2/6 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Good · 60/100Rev +18% YoY · PAT +22% YoY
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹21,606 Cr | +18.1% | +2.8% |
| EBITDA | NDF | NDF | NDF |
| Operating margin | NDF | NDF | NDF |
| PAT | ₹5,553 Cr | +22.1% | +36.6% |
| PAT margin | 25.7% | +85 bps | +635 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Issuer evidence available
Bajaj Finance Limited operates in Consumer Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Management claims from the latest issuer document are tracked in the accountability section below.
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Extracted source claims
Bajaj Finance expects its full-year cost of funds for FY26 to be between 7.5% and 7.55%.
"expect cost of funds to be in the region of overall full year to be between 7.5% to 7.55%"
Bajaj Finance expects its full-year credit cost to come within the range of 1.85% to 1.95% for FY26.
"expect full year credit cost to come within 1.85% to 1.95% for FY'26"
Bajaj Finance expects to add 16 to 17 million new customers in FY26.
"expect to add 16 to 17 million new customers in FY '26"
Bajaj Finance expects its MSME business to grow by only 10% to 12% in the current full fiscal year.
"expect MSME business to grow in the current full fiscal by 10-12% only"
Outcome check: Revenue YoY averaged 18.1% across 1 later quarter(s).
Bajaj Finance expects its full-year AUM growth to be in the region of 22% to 23% for FY26, revised down from 24% to 25%.
"growth will be in the region of 22-23%"
Outcome check: Revenue YoY averaged 18.1% across 1 later quarter(s).
AI implementation across business lines is expected to start reflecting in cost and productivity benefits over the next 12 to 18 months.
"reflect in cost and productivity benefits over the next 12-18 months"
Trend score and candlestick chart
42NeutralSMA20 -5.4% / mo
Technical chart
BAJFINANCEweekly · 6M-12.8%Technical trend read
NeutralTrend is undirectional — long-term trend unclear. RSI 43.
- RSI(14) at 43 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 16% off 52W high · 13% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation, score drivers, trust methodology, financials, and peers
Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.
Fundamental score breakdown
OVERVALUEDWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Fair-value margin of safety is positive at 12.1%.
- Growth contributes 15/25 to the score.
- Quality contributes 9/20 to the score.
Main drags
- Altman Z is 1.1, in distress territory.
- Balance sheet is weaker at 0/15; verify the latest quarterly trend.
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
NBFC valuation: P/B, ROA, borrowing cost, and asset quality
Lenders can look optically cheap before credit losses emerge, so valuation is tied to book quality.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Weak Trust: Management has 0% delivered/partly-delivered outcomes on 2 checked claims, with 2 adverse claim outcomes. It ranks around the 13th percentile of the scored universe and 25th percentile within Financial Services. Main check: balance sheet trust is weak at 22/100.
Mixed Trust Lite: Promoter pledge is zero. Key concern: Operating cash flow is negative at ₹-65790 Cr.
Management or financial behaviour needs caution. Demand stronger valuation compensation.
overall median 67 · Financial Services: 25th pctile, median 62 · Large: 8th pctile, median 74
148 documents indexed, but claim history is not strong enough yet.
2/6 claims checked · 2 contradicted/failed claims
How to read this Trust Score
Weak Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter pledge is zero.
- ▸4/4 latest quarters had positive YoY revenue growth.
- ▸3/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸Operating cash flow is negative at ₹-65790 Cr.
- ▸Debt/equity is 3.82.
- ▸Altman Z is 1.09.
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Intrinsic value
Fundamentals
Valuation
- P/E
- 28.20
- P/B
- 4.76
- EV/EBITDA
- 968.74
- Market Cap
- 542343.00Cr
Profitability
- ROE
- 18.20%
- ROCE
- 10.80%
- ROA
- 3.45%
- Dividend Y
- 0.62%
Growth (CAGR)
- Revenue 5Y
- 25.00%
- EPS 5Y
- 34.00%
- Revenue 3Y
- 26.00%
- EPS 3Y
- 19.00%
Balance Sheet
- Debt/Equity
- 3.82
- Interest Coverage
- —
- Altman Z
- 1.09
- Book Value
- 183.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -65790.00 Cr
- EPS TTM
- 30.56
Shareholding
- Promoter Hold
- 54.71%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 26%
Financial History
Updated 9/6/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.