Bajaj Hold & Invest

₹8382.9 -11 | 0.1%

WEBSITE BSE:500490 NSE : BAJ HOLD INV 10 May, 16:01

Market Cap ₹93296 Cr.

Stock P/E 12.8

P/B 1.7

Current Price ₹8382.9

Book Value ₹ 4874.3

Face Value 10

52W High ₹9355

Dividend Yield 1.56%

52W Low ₹ 6259

Edit Ratio

Bajaj Hold & Invest Research see more...

Overview Inc. Year: 1945Industry: Finance - NBFC

Bajaj Holdings & Investment Limited (BHIL) is an primarily India-based holding and investment agency. The Company specializes in earning income via dividends, interest and gains on investments held. The Company's other equities portfolio is a combination of listed and unlisted investments. BHIL invests in equities primarily based on the Company's views of returns from public equity markets, in addition to possibilities in the private equity area. The Company invests in equities typically with an about 5 yr conserving horizon or maybe longer. The Company's different equities funding portfolio consists of financials, technology/pharma; customers/schooling; sugar; material/metals/oil and gasoline; construction/infra, and telecoms and media. Its constant profits portfolio includes authorities securities, certificate of deposit (CD) and business paper (CP), company bonds and mutual funds. Its equity investments consist of strategic/organization investments. Bajaj Auto Holdings Ltd. (BAHL) is the Company's subsidiary.

Bajaj Hold & Invest Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Bajaj Hold & Invest Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Operating Revenue	96	89	91	188	98	87	104	225	108	1212
Other Income	15	16	13	13	18	19	15	15	24	10
Total Income	110	105	104	201	116	106	119	240	133	1222
Total Expenditure	31	33	37	37	37	32	36	33	36	35
Operating Profit	79	73	67	164	79	74	83	207	96	1186
Interest Expense	1	1	1	1	1	5	1	1	1	1
Depreciation	8	8	8	8	8	9	8	8	8	8
Profit Before Tax	70	64	58	155	70	61	74	198	87	1177
Provision for Tax	17	16	14	20	17	14	18	74	21	15
Profit After Tax	53	48	45	136	53	46	56	124	67	1163
Adjustments	988	1057	925	1107	1233	1306	1359	1367	1577	1554
Profit After Adjustments	1040	1105	969	1243	1286	1353	1416	1491	1644	2716
Adjusted Earnings Per Share	93.5	99.3	87.1	111.7	115.5	121.6	127.2	134	147.8	244.1

Bajaj Hold & Invest Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	337	387	524	470	842	420	432	393	399	430	464	1649
Other Income	2	41	35	7	8	5	5	42	64	57	63	64
Total Income	339	428	559	477	850	424	436	436	463	487	527	1714
Total Expenditure	15	23	40	41	214	65	90	134	106	117	142	140
Operating Profit	324	404	519	435	636	360	347	302	358	369	385	1572
Interest Expense	0	0	0	0	0	0	0	13	4	3	7	4
Depreciation	2	5	6	5	5	5	4	33	34	34	34	32
Profit Before Tax	322	400	513	430	630	2739	3170	3314	3766	4226	5012	1536
Provision for Tax	68	81	99	88	135	85	122	233	112	100	65	128
Profit After Tax	254	318	414	342	496	2655	3048	3080	3654	4126	4946	1410
Adjustments	1603	1669	1615	1924	1978	0	0	-88	-4	-70	-96	5857
Profit After Adjustments	1856	1988	2029	2265	2473	2655	3048	2992	3650	4056	4851	7267
Adjusted Earnings Per Share	166.8	178.6	182.3	203.5	222.2	238.5	273.9	268.8	328	364.4	435.8	653.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	8%	6%	2%	3%
Operating Profit CAGR	4%	8%	1%	2%
PAT CAGR	20%	17%	13%	35%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	22%	33%	22%	23%
ROE Average	11%	11%	11%	7%
ROCE Average	12%	11%	12%	8%

Bajaj Hold & Invest Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	10345	11999	13393	15293	17818	25201	26952	27764	37167	42842	44183
Minority's Interest	0	0	0	0	0	0	0	4536	6951	8738	7380
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Current Liability	402	413	465	142	34	46	51	244	197	180	159
Other Liabilities & Provisions	28	36	35	37	37	-166	-134	185	1175	1827	1466
Total Liabilities	10775	12448	13893	15472	17889	25081	26870	32729	45490	53588	53188
Loans	0	0	0	0	0	0	0	0	0	0	0
Investments	8657	10932	12670	13215	15714	24110	26257	31559	44406	52327	51769
Fixed Assets	532	532	544	544	26	24	6	191	161	132	104
Other Loans	311	231	155	142	183	42	40	52	40	167	210
Other Non Current Assets	200	52	3	6	2	1	243	2	2	2	2
Current Assets	1075	701	521	1564	1964	714	137	741	700	782	928
Total Assets	10775	12448	13893	15472	17889	25081	26870	32729	45490	53588	53188

Bajaj Hold & Invest Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	33	60	1	1407	1	75	3	95	23	22
Cash Flow from Operating Activities	872	796	1147	-923	1631	628	1920	272	1610	1728
Cash Flow from Investing Activities	-519	-464	1019	-372	-1123	-163	-800	-308	-151	-137
Cash Flow from Financing Activities	-326	-391	-761	-110	-434	-536	-1028	-37	-1460	-1587
Net Cash Inflow / Outflow	27	-59	1406	-1406	74	-72	92	-73	-1	4
Closing Cash & Cash Equivalent	60	1	1407	1	75	3	95	23	22	26

Bajaj Hold & Invest Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	166.81	178.59	182.34	203.54	222.23	238.54	273.91	268.85	327.96	364.42	435.85
CEPS(Rs)	23.01	29.04	37.72	31.19	45.02	239.01	274.28	279.77	331.36	373.74	447.49
DPS(Rs)	25	30	32.5	32.5	32.5	40	32.5	40	40	115	123
Book NAV/Share(Rs)	929.56	1078.17	1203.45	1374.19	1601.03	2264.46	2421.81	2494.7	3339.65	3849.6	3970.06
Net Profit Margin	75.26	82.35	78.99	72.7	58.86	632.58	706	783.01	915.57	960.14	1065.79
Operating Margin	95.53	103.33	97.95	91.5	74.84	652.76	734.17	845.55	944.49	984.21	1081.35
PBT Margin	95.53	103.33	97.95	91.5	74.84	652.76	734.17	842.36	943.53	983.48	1079.86
ROA(%)	2.55	2.74	3.14	2.33	2.97	12.36	11.74	10.34	9.34	8.33	9.26
ROE(%)	2.67	2.85	3.26	2.38	2.99	12.34	11.69	11.26	11.26	10.31	11.37
ROCE(%)	3.39	3.58	4.04	3	3.81	12.74	12.16	12.16	11.61	10.57	11.53
Price/Earnings(x)	5.48	5.68	7.14	7.18	9.77	11	12.48	6.69	10.04	13.78	13.58
Price/Book(x)	0.98	0.94	1.08	1.06	1.36	1.16	1.41	0.72	0.99	1.3	1.49
Dividend Yield(%)	2.73	2.96	2.5	2.22	1.5	1.52	0.95	2.22	1.21	2.29	2.08
EV/Net Sales(x)	29.76	28.52	27.56	31.58	28.68	69.39	88.08	50.63	91.6	130	141.86
EV/Core EBITDA(x)	30.92	27.27	27.81	34.08	38	80.93	109.66	66	102.24	151.34	170.87
Interest Earned Growth(%)	14.15	14.71	35.49	-10.32	79.23	-50.16	2.89	-8.89	1.46	7.66	8.01
Net Profit Growth	27.82	25.53	29.95	-17.46	45.11	435.57	14.83	1.04	18.63	12.9	19.89
EPS Growth(%)	10.55	7.07	2.1	11.63	9.18	7.34	14.83	-1.85	21.99	11.12	19.6
Interest Coverage(x) %	0	0	0	0	0	0	0	265.25	991.98	1342.56	723.12

Bajaj Hold & Invest Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	50.48	51.09	51.2	51.2	51.36	51.46	51.46	51.46	51.46	51.46
FII	13.02	12.06	11.8	12.04	12.27	12.34	12.39	11.65	11.57	11.53
DII	4.73	5.16	5.28	5.32	4.95	4.97	5.03	5.88	5.95	6.1
Public	31.77	31.68	31.72	31.44	31.42	31.23	31.11	31	31.01	30.9
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	5.62	5.69	5.7	5.7	5.72	5.73	5.73	5.73	5.73	5.73
FII	1.45	1.34	1.31	1.34	1.37	1.37	1.38	1.3	1.29	1.28
DII	0.53	0.57	0.59	0.59	0.55	0.55	0.56	0.65	0.66	0.68
Public	3.54	3.53	3.53	3.5	3.5	3.48	3.46	3.45	3.45	3.44
Others	0	0	0	0	0	0	0	0	0	0
Total	11.13	11.13	11.13	11.13	11.13	11.13	11.13	11.13	11.13	11.13

Pros

Debtor days have improved from 183.96 to 116.59days.
Company is almost debt free.

Cons

Company has a low return on equity of 11% over the 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.