Income Statement Bajaj Finance Limited NSE India S.E.

Stocks

BAJFINANCE

INE296A01024

Consumer Lending

Market Closed - NSE India S.E. Other stock markets 12:05:07 14/07/2026 BST			5-day change	1st Jan Change
1,006.60 ^INR	-1.56%		-3.44%	+2.01%

07-07	Bajaj Finance Limited Recommends Special Payout for the Financial Year Ended 31 March 2026, Payable on or About 3 August 2026	CI
07-06	Bajaj Finance Raises INR53.1 Billion Through Debenture Allotment	MT

2b8442d8b.qNDLJf49PIw18572yAGEAwnxZDjxUeCDySni_Qvw9vA.97r_ZoR5cfoNwP_Cik7LUlGVFlC2PJTnhkCPsj-Tg7LxuoZ8t1J133-Q2w

Published financial data: BAJAJ FINANCE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Interest and Dividend Income, Total	273B	356B	483B	612B	728B
Interest Expense, Total	97.48B	126B	187B	248B	286B
Net Interest Income	175B	230B	296B	364B	441B
Commission and Fees	30.67B	43.43B	52.67B	59.83B	77.54B
Gain (Loss) on Sale of Loans & Receivables	-	232M	133M	5.52B	4.65B
Gain (Loss) on Sale of Investments, Total (Rev)	114M	-228M	-	4.87B	3.55B
Other Revenues, Total	12.92B	15.12B	13.95B	14.74B	6.12B
Revenues Before Provison For Loan Losses	219B	288B	363B	449B	533B
Provision For Loan Losses	48.03B	31.41B	46.31B	79.09B	93.89B
Total Revenues	171B	257B	316B	370B	439B
Salaries And Other Employee Benefits	35.9B	50.59B	63.96B	75.28B	90.11B
Cost of Services Provided, Total	20.3B	22.48B	19.32B	30.8B	41.28B
Depreciation & Amortization - (IS) - (Collected)	3.85B	4.85B	6.83B	8.81B	10.09B
Other Operating Expenses	15.57B	23.74B	33.14B	34.4B	37.11B
Total Operating Expenses	75.61B	102B	123B	149B	179B
Operating Income	95.28B	155B	193B	221B	261B
Income (Loss) on Equity Invest.	-	16.7M	76.4M	178M	165M
Currency Exchange Gains (Loss)	3.9M	-	-	-	-
Other Non Operating Income (Expenses)	1M	3M	-	259M	27.4M
EBT, Excl. Unusual Items	95.29B	155B	193B	221B	261B
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	-248M	-133M	-	-355M	-183M
Other Unusual Items	-	-	-	-	-2.65B
EBT, Incl. Unusual Items	95.04B	155B	193B	221B	258B
Income Tax Expense	24.76B	40.2B	48.58B	53B	64.84B
Earnings From Continuing Operations	70.28B	115B	145B	168B	193B
Net Income to Company	70.28B	115B	145B	168B	193B
Minority Interest	-	-	-	-1.42B	-3.15B
Net Income - (IS)	70.28B	115B	145B	166B	190B
Net Income to Common Incl Extra Items	70.28B	115B	145B	166B	190B
Net Income to Common Excl. Extra Items	70.28B	115B	145B	166B	190B
Per Share Items
Net EPS - Basic	11.66	19.05	23.69	26.89	30.6
Basic EPS - Continuing Operations	11.66	19.05	23.69	26.89	30.6
Basic Weighted Average Shares Outstanding	6.03B	6.04B	6.1B	6.19B	6.21B
Net EPS - Diluted	11.58	18.96	23.6	26.82	30.51
Diluted EPS - Continuing Operations	11.58	18.96	23.6	26.82	30.51
Diluted Weighted Average Shares Outstanding	6.07B	6.07B	6.12B	6.2B	6.23B
Normalized Basic EPS	9.88	16.08	19.78	22.11	25.74
Normalized Diluted EPS	9.81	16	19.71	22.05	25.66
Dividend Per Share	2	3	3.6	4.4	5.4
Payout Ratio	8.57	10.49	12.56	13.37	18.28
Supplemental Items
Total Revenues (As Reported)	316B	414B	550B	697B	820B
Effective Tax Rate - (Ratio)	26.05	25.89	25.16	24	25.12
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	24.97B	39.98B	49.58B	53.9B	68.74B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-219M	220M	-993M	-896M	-3.9B
Normalized Net Income	59.55B	97.13B	121B	137B	160B
Non-Cash Pension Expense	52.7M	165M	122M	304M	1.84B
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	1.61B	2.27B	-	3.99B	4.41B
Stock-Based Comp., Other (Total)	-	-	2.68B	-	-
Total Stock-Based Compensation	1.61B	2.27B	2.68B	3.99B	4.41B

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	34.07B	15.51B	40.35B	36.42B	18.97B
Long-Term Investments - (FS Template)	34.23B	26.26B	31.16B	42.97B	75.3B
Trading Asset Securities, Total	15.85B	66.73B	49.84B	70.06B	28.44B
Loans and Lease Receivables - (FS Template)	1,914B	2,423B	3,263B	4,078B	4,989B
Other Receivables	16.67B	17.85B	22.54B	28.4B	27.23B
Gross Property Plant And Equipment	22B	28.21B	38.27B	45.12B	51.49B
Accumulated Depreciation	-9.04B	-11.29B	-14.43B	-17.96B	-22.36B
Net Property Plant And Equipment	12.96B	16.91B	23.84B	27.16B	29.13B
Goodwill	32.7M	32.7M	32.7M	32.7M	32.7M
Other Intangibles, Total	4.51B	6.93B	9.06B	11.03B	11.5B
Restricted Cash	-	921M	793M	1.39B	2.07B
Other Current Assets, Total	10.23B	33.08B	92.57B	142B	190B
Deferred Tax Assets Long-Term (Collected)	9.51B	9.37B	10.17B	11.41B	15.6B
Other Long-Term Assets, Total	72.76B	136B	214B	212B	212B
Total Assets	2,125B	2,752B	3,757B	4,661B	5,600B
Liabilities
Interest Bearing Deposits	308B	447B	602B	714B	685B
Deposits	308B	447B	602B	714B	685B
Accounts Payable, Total	11.69B	14.52B	20.64B	18.78B	21.05B
Accrued Expenses, Total	4.94B	3.42B	5.01B	5.22B	7.31B
Short-Term Borrowings	143B	223B	444B	493B	588B
Current Portion of Long-Term Debt	370B	358B	386B	520B	635B
Current Portion of Leases	1.09B	1.43B	1.93B	2.29B	2.6B
Long-Term Debt	833B	1,139B	1,503B	1,886B	2,448B
Long-Term Leases	3.46B	4.45B	8.08B	8.92B	9.94B
Current Income Taxes Payable	1B	1.39B	1.09B	1.01B	2.6B
Unearned Revenue, Current	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	9.97B	6.42B	7.68B	9.35B	11.8B
Unearned Revenue Non Current	-	300K	100K	-	-
Pension & Other Post Retirement Benefits	1.43B	2.29B	3.63B	4.6B	6.3B
Other Non Current Liabilities	621M	7.71B	7.94B	8.61B	12.19B
Total Liabilities	1,688B	2,209B	2,990B	3,672B	4,430B
Common Stock, Total	1.21B	1.21B	1.24B	1.24B	6.22B
Additional Paid In Capital	172B	174B	266B	283B	284B
Retained Earnings	261B	363B	491B	675B	840B
Comprehensive Income and Other	3.15B	4.71B	9.13B	7.88B	9.86B
Total Common Equity	437B	544B	767B	967B	1,140B
Minority Interest	-	-	-	22.44B	29.87B
Total Equity	437B	544B	767B	989B	1,170B
Total Liabilities And Equity	2,125B	2,752B	3,757B	4,661B	5,600B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.03B	6.04B	6.18B	6.21B	6.22B
ECS Total Common Shares Outstanding	6.03B	6.04B	6.18B	6.21B	6.22B
Book Value / Share	72.46	89.96	124.1	155.75	183.34
Tangible Book Value	433B	537B	758B	956B	1,128B
Tangible Book Value Per Share	71.7	88.81	122.63	153.97	181.49
Total Debt	1,350B	1,726B	2,343B	2,910B	3,683B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.19B	1.81B	2.88B	4.08B	6.26B
Net Debt	1,300B	1,644B	2,253B	2,804B	3,636B
Equity Method Investments, Total	-	944M	3.69B	3.87B	4.03B
Full Time Employees	35.42K	43.15K	-	64.09K	71.61K

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	70.28B	115B	145B	166B	190B
Depreciation, Depletion & Amortization	2.88B	3.43B	4.73B	6.03B	6.61B
Total Depreciation, Depletion & Amortization	2.88B	3.43B	4.73B	6.03B	6.61B
Amortization of Deferred Charges, Total	969M	1.42B	2.1B	2.78B	3.48B
Gain (Loss) on Sale of Loans & Receivables - (CF)	-	-232M	-133M	-5.52B	-4.65B
(Gain) Loss On Sale of Asset - (CF)	248M	133M	125M	355M	183M
(Gain) Loss on Sale of Investments - (CF)	-3.27B	-2.85B	43.22B	74.27B	-3.78B
Provision for Credit Losses	48.03B	31.41B	-	-	102B
(Income) Loss On Equity Investments - (CF)	-	-16.7M	-76.4M	-178M	-165M
Stock-Based Compensation (CF)	1.61B	2.24B	2.68B	3.94B	4.4B
Net (Increase) Decrease in Loans Originated / Sold - Operating	-	-	-	-	-
Change in Trading Asset Securities	-	-	-	-14.29B	62.13B
Change in Accounts Payable	2.86B	2.93B	6.12B	-1.86B	2.26B
Change in Other Net Operating Assets (Collected)	-504B	-565B	-921B	-926B	-1,057B
Other Operating Activities	10.23B	-9.52B	-9.72B	12.1B	36.57B
Cash from Operations	-370B	-421B	-728B	-682B	-658B
Capital Expenditure	-3.76B	-4.83B	-6.04B	-5.84B	-5.6B
Sale of Property, Plant, and Equipment	191M	198M	389M	364M	652M
Purchase / Sale of Intangible Assets	-2.59B	-3.95B	-4.34B	-4.98B	-4.01B
Investment in Marketable and Equity Securities, Total	65.61B	-101B	-71.16B	-17.21B	-24.94B
Other Investing Activities, Total	4.01B	6.35B	9.44B	12.8M	11.4M
Cash from Investing	63.47B	-104B	-71.71B	-27.65B	-33.89B
Short Term Debt Issued, Total	47.02B	79.24B	220B	87.88B	119B
Long-Term Debt Issued, Total	412B	669B	727B	850B	1,133B
Total Debt Issued	459B	748B	947B	938B	1,252B
Long-Term Debt Repaid, Total	-180B	-366B	-345B	-392B	-524B
Total Debt Repaid	-180B	-366B	-345B	-392B	-524B
Issuance of Common Stock	1.73B	1.58B	90.67B	12.51B	4.36B
Common Dividends Paid	-6.03B	-12.07B	-18.15B	-22.25B	-34.77B
Common & Preferred Stock Dividends Paid	-6.03B	-12.07B	-18.15B	-22.25B	-34.77B
Other Financing Activities, Total	47.84B	136B	150B	170B	-23.82B
Cash from Financing	322B	507B	824B	705B	674B
Net Change in Cash	15.58B	-18.31B	24.84B	-3.92B	-17.46B
Supplemental Items
Cash Interest Paid	-	-	170B	224B	259B
Cash Income Tax Paid (Refund)	25.86B	39.72B	50.98B	59.48B	64.61B
Net Debt Issued / Repaid	279B	382B	601B	545B	729B

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	3.66	4.72	4.44	3.99	3.77
Return On Equity %	17.43	23.46	22.05	19.11	17.91
Return on Common Equity	17.43	23.46	22.05	19.19	18.05
Margin Analysis
Gross Profit Margin %	89.24	92.64	93.89	92.98	91.67
SG&A Margin	22.13	21.07	20.22	21.65	21.58
Income From Continuing Operations Margin %	41.13	44.77	45.69	45.35	44
Net Income Margin %	41.13	44.77	45.69	44.97	43.28
Net Avail. For Common Margin %	41.13	44.77	45.69	44.97	43.28
Normalized Net Income Margin	34.85	37.79	38.16	36.97	36.41
Asset Turnover
Asset Turnover	0.09	0.11	0.1	0.09	0.09
Short Term Liquidity
Current Ratio	2.34	2.42	2.36	2.47	2.69
Quick Ratio	2.33	2.39	2.3	2.39	2.59
Operating Cash Flow to Current Liabilities	-0.44	-0.4	-0.5	-0.39	-0.34
Long Term Solvency
Total Debt/Equity	308.9	317.47	305.49	294.16	314.83
Total Debt / Total Capital	75.54	76.05	75.34	74.63	75.89
LT Debt/Equity	191.25	210.36	196.97	191.51	210.14
Long-Term Debt / Total Capital	46.77	50.39	48.58	48.59	50.66
Total Liabilities / Total Assets	79.43	80.24	79.59	78.77	79.11
Tier 1 Capital Ratio %	24.75	23.2	21.51	21.09	20.67
Total Capital Ratio %	27.22	24.97	22.52	21.93	21.55
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	50.94	50.39	23.21	16.83	18.75
Gross Profit, 1 Yr. Growth %	52.7	55.34	24.89	15.69	17.09
Earnings From Cont. Operations, 1 Yr. Growth %	59.02	63.74	25.58	16.11	15.21
Net Income, 1 Yr. Growth %	59.02	63.74	25.58	15.13	14.3
Normalized Net Income, 1 Yr. Growth %	58.83	63.1	24.35	13.28	16.94
Diluted EPS Before Extra, 1 Yr. Growth %	58.62	63.72	24.48	13.65	13.76
Common Equity, 1 Yr. Growth %	18.4	24.38	41.06	26.07	17.9
Total Assets, 1 Yr. Growth %	23.93	29.52	36.52	24.06	20.13
Tangible Book Value, 1 Yr. Growth %	18.19	24.08	41.19	26.13	18.06
Cash From Operations, 1 Yr. Growth %	4.49K	13.62	72.78	-2.42	-2.95
Capital Expenditures, 1 Yr. Growth %	170.71	28.57	24.23	-3.24	-4.11
Dividend Per Share, 1 Yr. Growth %	100	50	20	22.22	22.73
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	14.73	50.68	36.03	20.06	17.79
Gross Profit, 2 Yr. CAGR %	13.55	54.41	39.18	20.28	16.39
Earnings From Cont. Operations, 2 Yr. CAGR %	15.55	61.36	43.39	20.75	15.66
Net Income, 2 Yr. CAGR %	15.55	61.36	43.39	20.24	14.72
Normalized Net Income, 2 Yr. CAGR %	14.06	60.95	42.54	18.73	15.1
Diluted EPS Before Extra, 2 Yr. CAGR %	14.02	61.15	42.76	18.94	13.71
Common Equity, 2 Yr. CAGR %	16.28	21.36	32.46	33.36	21.92
Total Assets, 2 Yr. CAGR %	13.7	26.69	32.97	30.14	22.08
Tangible Book Value, 2 Yr. CAGR %	16.08	21.1	32.36	33.45	22.03
Cash From Operations, 2 Yr. CAGR %	23.16	622.5	40.06	27.22	-2.95
Capital Expenditures, 2 Yr. CAGR %	-2.71	86.56	26.78	9.64	-3.68
Dividend Per Share, 2 Yr. CAGR %	41.42	73.21	34.16	21.11	22.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.91	25.57	40.84	29.36	19.62
Gross Profit, 3 Yr. CAGR %	11.16	26.27	43.8	30.93	19.21
Earnings From Cont. Operations, 3 Yr. CAGR %	20.72	29.79	48.42	33.65	18.88
Net Income, 3 Yr. CAGR %	20.72	29.79	48.42	33.28	18.23
Normalized Net Income, 3 Yr. CAGR %	15.55	28.5	47.65	32.06	18.13
Diluted EPS Before Extra, 3 Yr. CAGR %	18.98	28.63	47.86	32.31	17.19
Common Equity, 3 Yr. CAGR %	30.44	18.92	27.6	30.3	27.99
Total Assets, 3 Yr. CAGR %	19.59	18.74	29.89	29.93	26.71
Tangible Book Value, 3 Yr. CAGR %	30.36	18.69	27.46	30.25	28.11
Cash From Operations, 3 Yr. CAGR %	8.41	19.96	348.36	22.48	16.03
Capital Expenditures, 3 Yr. CAGR %	7.81	6.76	63.25	15.86	4.85
Dividend Per Share, 3 Yr. CAGR %	49.38	44.22	53.26	30.06	21.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	24.09	25.85	21.65	23.3	31.16
Gross Profit, 5 Yr. CAGR %	21.3	25.76	21.74	23.8	32.17
Earnings From Cont. Operations, 5 Yr. CAGR %	30.79	35.75	29.32	26.09	34.33
Net Income, 5 Yr. CAGR %	30.79	35.75	29.32	25.88	33.89
Normalized Net Income, 5 Yr. CAGR %	27.46	32.23	25.61	24.48	33.67
Diluted EPS Before Extra, 5 Yr. CAGR %	28.02	33.97	27.97	24.67	33.11
Common Equity, 5 Yr. CAGR %	35.41	27.96	31.24	24.5	25.29
Total Assets, 5 Yr. CAGR %	27.23	26.55	24.78	23.18	26.7
Tangible Book Value, 5 Yr. CAGR %	35.35	27.83	31.15	24.39	25.26
Cash From Operations, 5 Yr. CAGR %	28.82	15.43	20.15	22.79	141.12
Capital Expenditures, 5 Yr. CAGR %	20.29	29.04	15.03	8.04	32.19
Dividend Per Share, 5 Yr. CAGR %	40.91	49.63	43.1	34.49	40.11