We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
3 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 3 documents here); elsewhere sentences render unattributed.
Kind
Date
Period
Served
Attribution rate
COVER_LETTER
20220509
2022-03-31
no
TRANSCRIPT
20250507
2025-03-31
yes
TRANSCRIPT
20260805
2026-06-30
yes
BAJAJFINSV
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
Statement division
nbfc
Scope served
consolidated
Panels on this page
4
Market
The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.
Last close
1,762.30
52-week range
1631.8 – 2176.6
Return 1M
-12.06%
Return 3M
-0.13%
Return 1Y
-14.83%
Return 3Y
11.72%
Return 5Y
-4.87%
Market capitalisation
not shown — we could not confirm it
Shares outstanding
not shown — we could not confirm it
P/E
not shown — we could not confirm it
P/B
not shown — we could not confirm it
EV/EBITDA
not shown — we could not confirm it
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
Revenue from operations
42,037.00
Other income
0.00
Total income
42,037.00
Cost of materials consumed
0.00
Purchases of stock-in-trade
0.00
Changes in inventories
0.00
Employee benefit expense
3,845.00
Finance costs
7,834.00
Ownership — 2026-06-30, and the change from 2026-03-31
Holder
Per cent
Change
promoter and promoter group
0.59
0.00
institutions foreign
0.07
-0.00
institutions domestic
0.12
0.00
mutual funds
0.08
0.00
public
0.41
0.00
Documents on file
Class
Most recent
On file
COVER_LETTER
2022-03-31
1
TRANSCRIPT
2026-06-30
2
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
Line
2022-09-30
2022-12-31
2023-03-31
2023-06-30
2023-09-30
2023-12-31
2024-03-31
2024-06-30
2024-09-30
2024-12-31
2025-03-31
2025-06-30
2025-09-30
2025-12-31
2026-03-31
2026-06-30
Revenue from operations
20,803.00
21,755.00
23,625.00
23,280.00
26,023.00
29,038.00
32,041.00
31,480.00
33,704.00
32,042.00
36,595.00
35,439.00
37,403.00
39,708.00
38,494.00
42,037.00
Other income
0.00
0.00
0.00
0.00
0.00
0.00
1.00
0.00
0.00
0.00
1.00
12.00
0.00
0.00
14.00
0.00
Total income
20,803.00
21,755.00
23,625.00
23,280.00
26,023.00
29,038.00
32,042.00
31,480.00
33,704.00
32,042.00
36,596.00
35,451.00
37,403.00
39,708.00
38,508.00
42,037.00
Cost of materials consumed
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchases of stock-in-trade
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Changes in inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee benefit expense
2,082.00
2,156.00
2,551.00
2,441.00
2,446.00
2,663.00
2,811.00
2,894.00
3,009.00
3,020.00
3,147.00
3,194.00
3,386.00
3,564.00
3,979.00
3,845.00
Finance costs
2,961.00
3,241.00
3,436.00
4,020.00
4,449.00
4,777.00
5,154.00
5,592.00
6,046.00
6,276.00
6,396.00
6,807.00
6,901.00
7,232.00
7,291.00
7,834.00
Depreciation and amortisation
168.00
172.00
181.00
202.00
209.00
232.00
257.00
267.00
275.00
288.00
339.00
317.00
327.00
330.00
317.00
380.00
Other expenses
9,559.00
9,896.00
10,777.00
9,046.00
10,893.00
12,916.00
14,897.00
13,242.00
14,391.00
12,473.00
15,773.00
13,433.00
15,080.00
15,860.00
15,054.00
16,133.00
Total expenses
16,545.00
17,336.00
19,086.00
18,157.00
20,731.00
23,609.00
26,519.00
25,514.00
27,741.00
26,233.00
30,603.00
28,248.00
30,581.00
33,404.00
31,591.00
33,110.00
Profit before exceptional items and tax
4,258.00
4,419.00
4,539.00
5,123.00
5,292.00
5,429.00
5,523.00
5,966.00
5,963.00
5,808.00
5,993.00
7,203.00
6,822.00
6,304.00
6,917.00
8,927.00
Exceptional items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-379.00
0.00
0.00
Profit before tax
4,258.00
4,419.00
4,539.00
5,123.00
5,292.00
5,429.00
5,523.00
5,966.00
5,963.00
5,808.00
5,993.00
7,203.00
6,822.00
5,925.00
6,917.00
8,927.00
Current tax
1,281.00
1,092.00
1,167.00
1,582.00
1,565.00
1,343.00
1,313.00
1,988.00
1,721.00
1,488.00
1,187.00
2,109.00
2,023.00
1,854.00
1,789.00
2,879.00
Deferred tax
-19.00
27.00
38.00
-166.00
-29.00
43.00
128.00
-229.00
64.00
-89.00
59.00
-234.00
56.00
-295.00
-87.00
-244.00
Tax expense
1,261.00
1,119.00
1,205.00
1,416.00
1,536.00
1,386.00
1,442.00
1,759.00
1,786.00
1,400.00
1,246.00
1,874.00
2,079.00
1,559.00
1,702.00
2,636.00
Profit for the period
2,997.00
3,300.00
3,335.00
3,709.00
3,756.00
4,045.00
4,085.00
4,209.00
4,180.00
4,412.00
4,756.00
5,329.00
4,746.00
4,368.00
5,226.00
6,297.00
Profit attributable to owners
1,557.00
1,782.00
1,769.00
1,943.00
1,929.00
2,158.00
2,119.00
2,138.00
2,087.00
2,231.00
2,417.00
2,789.00
2,244.00
2,229.00
2,539.00
3,132.00
Profit attributable to non-controlling interests
1,440.00
1,518.00
1,566.00
1,767.00
1,827.00
1,888.00
1,966.00
2,072.00
2,093.00
2,181.00
2,340.00
2,540.00
2,502.00
2,138.00
2,688.00
3,164.00
Other comprehensive income
343.00
319.00
-16.00
645.00
45.00
177.00
1,186.00
512.00
1,141.00
-593.00
365.00
-332.00
-1,457.00
-167.00
-2,279.00
1,938.00
Total comprehensive income
3,340.00
3,619.00
3,319.00
4,354.00
3,801.00
4,222.00
5,271.00
4,722.00
5,321.00
3,819.00
5,122.00
4,997.00
3,290.00
4,201.00
2,947.00
8,234.00
Earnings per share, basic
9.80
11.20
11.10
12.20
12.10
13.56
13.31
13.40
13.10
14.00
15.10
17.50
14.10
14.00
15.90
19.60
Earnings per share, diluted
9.80
11.20
11.00
12.10
12.00
13.45
13.17
13.30
13.00
13.90
15.00
17.30
13.90
13.80
15.80
19.49
Interest earned
9,728.00
10,430.00
11,025.00
12,131.00
13,091.00
13,922.00
14,649.00
15,522.00
16,572.00
17,409.00
17,947.00
18,890.00
19,599.00
20,449.00
21,019.00
22,362.00
Fees and commission income
1,134.00
1,083.00
1,090.00
1,421.00
1,372.00
1,365.00
1,279.00
1,553.00
1,272.00
1,374.00
1,250.00
1,649.00
1,552.00
1,757.00
1,840.00
2,063.00
Net gain on fair value changes
839.00
706.00
-27.00
1,010.00
102.00
796.00
927.00
1,186.00
1,650.00
-1,006.00
331.00
1,277.00
-621.00
771.00
-3,251.00
2,052.00
Dividend income
34.00
18.00
29.00
65.00
44.00
26.00
23.00
74.00
42.00
24.00
35.00
54.00
45.00
80.00
41.00
102.00
Rental income
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
2.00
0.00
0.00
0.00
1.00
Annual results, as filed
Line
2020-03-31
2021-03-31
2022-03-31
2023-03-31
2024-03-31
2025-03-31
2026-03-31
Revenue from operations
54,347.00
60,591.00
68,406.00
82,071.00
110,382.00
133,821.00
150,504.00
Other income
5.00
0.00
33.00
1.00
1.00
1.00
27.00
Total income
54,351.00
60,592.00
68,439.00
82,072.00
110,383.00
133,822.00
150,530.00
Cost of materials consumed
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchases of stock-in-trade
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Changes in inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee benefit expense
4,755.00
4,698.00
6,560.00
8,767.00
10,361.00
12,070.00
14,122.00
Finance costs
9,339.00
9,141.00
9,498.00
12,201.00
18,400.00
24,310.00
28,232.00
Depreciation and amortisation
457.00
498.00
563.00
678.00
900.00
1,170.00
1,291.00
Other expenses
25,174.00
27,798.00
32,216.00
36,147.00
47,751.00
55,879.00
59,427.00
Total expenses
46,050.00
50,729.00
57,168.00
65,262.00
89,016.00
110,092.00
123,284.00
Profit before exceptional items and tax
8,301.00
9,863.00
11,271.00
16,810.00
21,367.00
23,730.00
27,246.00
Exceptional items
0.00
0.00
0.00
0.00
0.00
0.00
-379.00
Profit before tax
8,301.00
9,863.00
11,271.00
16,810.00
21,367.00
23,730.00
26,867.00
Current tax
2,557.00
2,322.00
2,847.00
4,695.00
5,803.00
6,385.00
7,774.00
Deferred tax
-249.00
173.00
110.00
-94.00
-23.00
-194.00
-561.00
Tax expense
2,308.00
2,495.00
2,957.00
4,602.00
5,780.00
6,191.00
7,214.00
Profit for the period
5,994.00
7,367.00
8,314.00
12,210.00
15,595.00
17,558.00
19,669.00
Profit attributable to owners
3,369.00
4,470.00
4,557.00
6,417.00
8,148.00
8,872.00
9,801.00
Profit attributable to non-controlling interests
2,624.00
2,897.00
3,757.00
5,792.00
7,448.00
8,685.00
9,868.00
Other comprehensive income
662.00
-167.00
-581.00
-624.00
2,053.00
1,425.00
-4,235.00
Total comprehensive income
6,655.00
7,201.00
7,732.00
11,585.00
17,648.00
18,983.00
15,435.00
Earnings per share, basic
211.70
280.90
286.30
40.30
51.20
55.60
61.30
Earnings per share, diluted
211.70
280.90
286.30
40.00
50.66
55.00
61.00
Interest earned
26,504.00
26,933.00
31,319.00
40,155.00
53,793.00
67,449.00
79,956.00
Fees and commission income
2,476.00
2,387.00
2,963.00
4,312.00
5,436.00
5,449.00
6,798.00
Net gain on fair value changes
333.00
4,828.00
1,058.00
-156.00
2,836.00
2,160.00
-1,824.00
Dividend income
61.00
88.00
108.00
132.00
158.00
174.00
219.00
Rental income
4.00
5.00
4.00
4.00
4.00
4.00
2.00
Balance sheet, as filed
Line
2022-09-30
2023-03-31
2023-09-30
2024-03-31
2024-09-30
2025-03-31
2025-09-30
2026-03-31
Total assets
360,275.00
405,509.00
469,324.00
537,930.00
601,195.00
652,232.00
707,515.00
758,498.00
Property, plant and equipment
2,611.00
2,875.00
3,179.00
3,745.00
3,842.00
4,157.00
4,168.00
4,364.00
Capital work-in-progress
61.00
62.00
73.00
82.00
105.00
123.00
155.00
250.00
Goodwill
689.00
689.00
689.00
689.00
803.00
803.00
803.00
803.00
Other intangible assets
531.00
736.00
793.00
991.00
1,148.00
1,308.00
1,245.00
1,534.00
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash and cash equivalents
1,599.00
2,594.00
4,459.00
5,765.00
5,268.00
5,817.00
2,323.00
3,599.00
Total equity and liabilities
360,275.00
405,509.00
469,324.00
537,930.00
601,195.00
652,232.00
707,515.00
758,498.00
Equity
70,431.00
77,598.00
84,943.00
103,776.00
119,132.00
128,434.00
135,741.00
140,965.00
Equity share capital
159.00
159.00
159.00
159.00
160.00
160.00
160.00
160.00
Other equity
42,303.00
46,248.00
50,713.00
60,169.00
68,165.00
72,236.00
76,331.00
77,755.00
Total liabilities
289,843.00
—
—
—
—
523,797.00
571,774.00
617,532.00
Cash flow, as filed
Line
2022-09-30
2023-03-31
2023-09-30
2024-03-31
2024-09-30
2025-03-31
2025-09-30
2026-03-31
Net cash from operating activities
-16,628.00
-39,480.00
-35,573.00
-68,674.00
-31,988.00
-62,113.00
-25,746.00
-55,301.00
Net cash from investing activities
-5,008.00
-13,945.00
-117.00
-10,960.00
-1,841.00
-7,987.00
-9,847.00
-12,635.00
Net cash from financing activities
17,936.00
51,016.00
37,276.00
82,709.00
33,796.00
70,191.00
31,784.00
66,610.00
Purchase of property, plant and equipment
385.00
779.00
409.00
961.00
397.00
1,323.00
421.00
1,014.00
Net increase in cash
-3,700.00
-2,409.00
1,586.00
3,075.00
-32.00
92.00
-3,810.00
-1,326.00
con:CFO.BEFORE_TAX
-24,623.00
-56,378.00
-47,415.00
-91,152.00
-47,619.00
-92,977.00
-46,048.00
-94,889.00
con:INTEREST_RECEIVED.OPERATING
16,803.00
35,034.00
21,798.00
45,856.00
28,813.00
60,530.00
35,315.00
73,341.00
con:INTEREST_PAID.OPERATING
6,559.00
13,112.00
7,213.00
17,041.00
9,893.00
22,421.00
11,782.00
25,947.00
con:DIVIDENDS_RECEIVED.OPERATING
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:TAX_PAID.OPERATING
1,836.00
4,627.00
2,461.00
5,975.00
3,060.00
7,004.00
2,906.00
7,392.00
con:CF_OTHER.OPERATING
-412.00
-397.00
-282.00
-362.00
-229.00
-241.00
-325.00
-414.00
con:INVESTMENTS_PURCHASED
187,532.00
397,664.00
147,426.00
268,701.00
101,150.00
199,741.00
119,464.00
225,191.00
con:INVESTMENTS_SOLD
180,221.00
378,874.00
144,828.00
252,464.00
96,743.00
187,309.00
106,503.00
207,729.00
con:PPE_DISPOSALS
43.00
0.00
61.00
123.00
67.00
148.00
62.00
131.00
con:CF_INVESTING.SUBSIDIARIES_SOLD
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:CF_INVESTING.JV_SOLD
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:CF_INVESTING.JV_ACQUIRED
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
Holder
2023-03-31
2023-06-30
2023-09-30
2023-12-31
2024-03-31
2024-06-30
2024-09-30
2024-12-31
2025-03-31
2025-06-30
2025-09-30
2025-12-31
2026-03-31
2026-06-30
Promoter and promoter group
60.78
60.79
60.69
60.69
60.69
60.64
60.64
60.64
60.64
58.81
0.59
0.59
0.59
0.59
Domestic institutions
7.10
7.29
7.10
7.48
7.32
7.60
8.13
8.92
9.01
10.09
0.10
0.11
0.12
0.12
Mutual funds
—
—
—
—
—
—
—
—
—
6.87
0.08
0.08
0.08
0.08
Insurance companies
2.19
2.26
2.49
2.99
2.79
2.64
3.35
3.51
3.30
2.90
0.03
0.02
0.03
0.03
Foreign institutions
7.03
7.17
7.65
7.92
8.43
8.39
8.24
7.40
7.52
8.40
0.08
0.08
0.07
0.07
Government
—
—
—
—
—
—
—
—
—
0.00
0.00
0.00
0.00
0.00
Public
39.09
39.11
39.07
39.10
39.13
39.17
39.22
39.24
39.25
41.09
0.41
0.41
0.41
0.41
Non-institutional
24.96
24.65
24.32
23.70
23.38
23.18
22.86
22.93
22.73
22.60
0.23
0.22
0.22
0.22
Shares outstanding
1592815460
1592815460
1595488813
1595488813
1595488813
1596662097
1596662097
1596662097
1596662097
1597813220
1597813220
1597813220
1600549988
1600549988
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
Counterparty
Relationship
Type
Amount in the period
Transactions
Bajaj Financial Securities Ltd.
Subsidiary
Any other transaction, Investment, Purchase of goods
155,810,000,000.00
13
Bajaj Housing Finance Ltd.
Subsidiary
Any other transaction, Interest received, Investment
26,965,900,000.00
19
Bajaj Finance Ltd.
Subsidiary
Any other transaction, Dividend received, Interest r
13,979,900,000.00
17
Bajaj Auto Ltd.
Other related party
Any other transaction, Dividend received, Investment
12,186,800,000.00
20
Allianz SE Reinsurance, branch Asia Pacific
Other entities
Any other transaction
7,513,400,000.00
5
Phonepe Private Ltd.
Entity in which Key Management Per
Any other transaction
5,635,400,000.00
4
Bajaj Allianz General Insurance Co. Ltd.
Subsidiary
Any other transaction, Dividend received, Investment
5,401,600,000.00
21
Bajaj Finserv Health Ltd.
Wholly owned subsidiary
Any other transaction, Investment, Purchase of goods
5,016,300,000.00
11
Bajaj Allianz Life Insurance Co. Ltd.
Subsidiary
Any other transaction, Dividend received, Investment
4,486,500,000.00
15
Bajaj Allianz Life Insurance Company Ltd.
Fellow Subsidiary
Any other transaction, Dividend paid, Interest paid,
3,168,800,000.00
17
Vidal Healthcare Pvt Ltd
Subsidiary Co
Any other transaction, Interest received, Investment
3,064,500,000.00
4
AWP Health & Life SA
Other entities
Any other transaction
2,847,000,000.00
4
Bajaj Electricals Ltd.
Entity in which Key Management Per
Any other transaction
2,605,700,000.00
5
Bajaj Finserv Direct Ltd.
Subsidiary
Any other transaction, Investment, Purchase of goods
1,965,400,000.00
23
Bajel Projects Ltd.
Entity in which Key Management Per
Any other transaction
1,833,800,000.00
7
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
Date
Quarter
Who spoke
2026-08-05
Q1FY27
BAJAJ GENERAL INSURANCE LIMITED, BAJAJ LIFE INSURANCE LIMITED, LIMITED
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
Topic
Q1FY27
Q4FY25
Capital allocation
Now in terms of implications, I think the biggest one comes from the amortization of acquisition costs.
The AUM for BAGIC, which represents cash and investments as of 31st March '25 stood at Rs.33,115 crores as against Rs.31,196 crores for the same perio…
Costs
But I think what will be different from Bajaj Life versus the rest of the sector is that we were on a path, as you're aware, for the last 21 months on…
—
Guidance
First is on the Ind AS financials, can you guide us what is the timeline we have in mind?
You saw that operating leverage show up in Q4. We expect VNB margin trajectory to be far steeper and hence a high growth in VNB margin versus what you…
Margin
The New Business Margin was up at 15.9% for the quarter as against 11.1% for the same quarter last year, an expansion of 4.8%.
Simultaneously, it restructured most of the other products as well, focused on balanced product mix and focus on cost for operating leverage.
People
—
We are continuing to grow in the way we are hiring more agents.
Pricing
As an industry, what we've been asking for is the Third-Party price hike, which is overdue.
Group health, however, continues to be a tactical play with pricing continuously under pressure.
Revenue growth
The retail weighted received premium for the quarter grew at 17.5% to about INR 1,474 crore, better than the industry growth of 16.2%.
If we exclude the impact of volatility in the tender-driven crop and government health business and the impact of “1/n” regulations, the growth for BA…