BAJAJHLDNG
Bajaj Holdings & Investment share price & financials
- Price
- ₹10,398
- Market cap
- ₹1.2L Cr
- Sector
- Financial Services
What Bajaj Holdings & Investment Limited does
Bajaj Holdings & Investment Limited (BHIL) is registered with the Reserve Bank of India as a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC) and has no operations of its own other than investment activity. It earns its income primarily as dividend income from investments held in Bajaj Group companies. The Board has approved converting BHIL into an Unregistered Core Investment Company (CIC), subject to sale of non-group investments and RBI approval, to formalise its role as the group's investment-holding vehicle.
- Regulatory classification
- RBI-registered NBFC – Investment and Credit Company (ICC), registration no. N-13.01952
- Business model
- Pure holding and investment company with no operations of its own other than investment activity
- Pending reclassification
- Board-approved conversion from NBFC-ICC to an Unregistered Core Investment Company (CIC), subject to RBI approval
Quarterly results
Q1 FY27: revenue up 21.2%, net profit down 22.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 126 | 145 | 325 | 397 +42% | 288 +129% | 61 −58% | 394 +21% |
| EBITDA | 233 | 96 | 103 | 284 | 353 +52% | 247 +157% | 24 −77% | 341 +20% |
| Net profit | 1,510 | 1,750 | 1,751 | 3,504 | 1,690 +12% | 2,018 +15% | 2,577 +47% | 2,708 −23% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −14.7% 1Y
1Y: ₹13,054 on 10 Sept 2025 → ₹11,134. High ₹13,663 (17 Sept 2025), low ₹8,746 (30 Mar 2026).
Financials, as filed
Revenue grew 32.2% a year over 3 years, FY23 to FY26. Operating margin widened to 84.8%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹464 Cr | ₹1.6k Cr | ₹684 Cr | ₹1.1k Cr |
| Operating profit | ₹322 Cr | ₹1.5k Cr | ₹505 Cr | ₹908 Cr |
| Operating margin | 69.4% | 91.5% | 73.8% | 84.8% |
| Interest | ₹8 Cr | ₹4 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹32 Cr | ₹32 Cr | ₹32 Cr | ₹32 Cr |
| Net profit | ₹4.9k Cr | ₹7.4k Cr | ₹6.6k Cr | ₹9.8k Cr |
| Net margin | 1065.9% | 446.6% | 968.7% | 914.0% |
| Cash from operations | ₹1.7k Cr | ₹1.9k Cr | ₹-2.0k Cr | ₹4.8k Cr |
| Free cash flow | ₹1.7k Cr | ₹1.9k Cr | ₹-1.9k Cr | ₹4.8k Cr |
| ROCE | 10.0% | 13.0% | 10.0% | 11.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹111 Cr | ₹111 Cr | ₹111 Cr | ₹111 Cr | ₹111 Cr | ₹111 Cr |
| Reserves | ₹37.1k Cr | ₹42.7k Cr | ₹44.1k Cr | ₹54.1k Cr | ₹67.7k Cr | ₹73.0k Cr |
| Borrowings | ₹136 Cr | ₹114 Cr | ₹93 Cr | ₹63 Cr | ₹15 Cr | ₹10 Cr |
| Other liabilities | ₹8.2k Cr | ₹10.6k Cr | ₹8.9k Cr | ₹10.9k Cr | ₹14.7k Cr | ₹12.0k Cr |
| Total liabilities | ₹45.5k Cr | ₹53.6k Cr | ₹53.2k Cr | ₹65.2k Cr | ₹82.5k Cr | ₹85.2k Cr |
| Fixed assets | ₹342 Cr | ₹310 Cr | ₹278 Cr | ₹244 Cr | ₹187 Cr | ₹181 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹44.9k Cr | ₹53.0k Cr | ₹52.6k Cr | ₹64.7k Cr | ₹81.3k Cr | ₹84.9k Cr |
| Other assets | ₹234 Cr | ₹314 Cr | ₹355 Cr | ₹203 Cr | ₹1.0k Cr | ₹142 Cr |
| Total assets | ₹45.5k Cr | ₹53.6k Cr | ₹53.2k Cr | ₹65.2k Cr | ₹82.5k Cr | ₹85.2k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −0.84 pp while DIIs added +0.81 pp. The shareholder count grew 15% to 83,499.
- Promoters
- 51.5%
- FIIs
- 9.5%
- DIIs
- 8.3%
- Public
- 30.8%
Since Jun 2025
- FIIs −0.84 pp
- DIIs +0.81 pp
- Public +0.02 pp
How it drifted, 12 quarters
Over this window DIIs went from 5.9% to 8.3% — +2.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 51.5%, FIIs 11.7%, DIIs 5.9%, Public 31.0%.Dec '23: Promoters 51.5%, FIIs 11.6%, DIIs 6.0%, Public 31.0%.Mar '24: Promoters 51.5%, FIIs 11.5%, DIIs 6.1%, Public 30.9%.Jun '24: Promoters 51.5%, FIIs 11.2%, DIIs 6.4%, Public 30.9%.Sep '24: Promoters 51.5%, FIIs 10.9%, DIIs 6.8%, Public 30.8%.Dec '24: Promoters 51.5%, FIIs 10.7%, DIIs 7.1%, Public 30.8%.Mar '25: Promoters 51.5%, FIIs 10.6%, DIIs 7.3%, Public 30.7%.Jun '25: Promoters 51.5%, FIIs 10.3%, DIIs 7.5%, Public 30.8%.Sep '25: Promoters 51.5%, FIIs 10.3%, DIIs 7.3%, Public 30.9%.Dec '25: Promoters 51.5%, FIIs 10.3%, DIIs 7.3%, Public 31.0%.Mar '26: Promoters 51.5%, FIIs 9.6%, DIIs 8.1%, Public 30.9%.Jun '26: Promoters 51.5%, FIIs 9.5%, DIIs 8.3%, Public 30.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Parag Parikh Flexi Cap Fund Mutual fund +0.21 pp 5.94% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Bajaj Holdings & Investment Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jamnalal Sons Pvt Ltd | 18.01% | unchanged |
| Parag Parikh Flexi Cap Fund Mutual fund | 5.94% | +0.21 pp |
| Jaya Hind Industries Private Limited | 5.34% | unchanged |
| NIRAJ BAJAJ Nirav Trust | 4.83% | unchanged |
| SHEKHAR BAJAJ Anant Bajaj Trust | 4.63% | unchanged |
| Bachhraj And Company Pvt Limited | 3.77% | unchanged |
| Sanjivnayan Bajaj Trust | 3.69% | unchanged |
| Rajivnayan Bajaj Trust | 3.64% | unchanged |
| Bajaj Sevashram Private Ltd | 3.45% | unchanged |
| Bajaj Auto Limited | 3.14% | unchanged |
| Maharashtra Scooters Limited | 3.04% | unchanged |
| Sanraj Nayan Investments Pvt Ltd | 2.57% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in BAJAJHLDNG
Filings to Aug 2026
0 new, 9 added, 2 trimmed, 0 sold out — net +0.14 L shares (+5.1%).
- Held by funds
- ₹338 Cr
- 12 schemes
- Biggest holder
- Nippon India ETF Nifty Next 50 Junior BeES
- ₹178 Cr · 2.0% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| Nippon India ETF Nifty Next 50 Junior BeES Nippon India Mutual Fund | ₹178 Cr | +0.05 L | Mar '19 |
| SBI Nifty Next 50 ETF SBI Mutual Fund | ₹61 Cr | +0.00 L | Aug '21 |
| SBI Nifty Next 50 Index Fund SBI Mutual Fund | ₹47 Cr | +0.02 L | Aug '21 |
| SBI Arbitrage Fund SBI Mutual Fund | ₹32 Cr | +0.00 L | Jan '26 |
| Nippon India Arbitrage Fund Nippon India Mutual Fund | ₹7 Cr | +0.02 L | Jan '26 |
| HDFC Arbitrage Fund HDFC Mutual Fund | ₹7 Cr | +0.05 L | Mar '26 |
| Nippon India ETF BSE Sensex Next 50 Nippon India Mutual Fund | ₹2 Cr | +0.00 L | Jul '19 |
| SBI Nifty 500 Index Fund SBI Mutual Fund | ₹2 Cr | −0.00 L | Sep '24 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
9 added, 2 trimmed — net +14,120 shares (+5.1%)
- Funds are sitting on
- -2%
- vs est. average cost
- Held by funds
- ₹338 Cr
- 12 schemes · ≈ 0.24% of the company
- Biggest holder
- Nippon India ETF Nifty Next 50 Junior BeES
- ₹178 Cr · 2.0% of that fund
Shares held by these funds +242%
Aug '23 2.81 L shares Jul '26
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