Bajaj Finserv Limited (BAJAJFINSV) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Bajaj Finserv Limited stock ₹796, price ₹1,835, that is 56.6% below the price, quality 38 out of 100. Rating: strongly overvalued. Calculated from audited financials with 9 of our 26 valuation models and 37 quality factors, updated daily.
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Bajaj Finserv Limited
BAJAJFINSV · NSEOur calculation puts a fair price 57% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range ₹1,090 – ₹2,174 · fair‑value band ₹437.19 – ₹995.26 · the ₹1,835 price screens above the ₹796.21 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Company profile
Bajaj Finserv Ltd., through its subsidiaries, provides financial services in India. The company operates through Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others segments.
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It offers personal, business, home, home renovation, commercial, car, and gold loans; two- and three-wheeler loans; mortgages; education loans; unsecured and secured loans to small and medium-sized enterprises and professionals, as well as micro, small and medium enterprises; loans against properties, securities, car, mutual funds, bonds, and insurance policy; financing for products, such as consumer electronics, digital, lifecare, furniture, etc.; developer financing; and lease rental discounting products.
The company also provides investment products, including fixed deposits, systematic deposit plans, and mutual funds; savings products; life, health, motor, fire, engineering, liabilities, marine, crop, car, two-wheeler, pet, home, travel, and personal accident insurance products; wealth management and retirement planning services; healthcare services comprising wellness, outpatient, and inpatient services; and wallets and credit cards.
In addition, it offers pocket subscription plans; bill and recharge services; digital technology services; and trading and demat account, stock broking, margin trading, and HNI and retail broking services, as well as gold loans.
Further, the company owns and operates 138 windmills with total installed capacity of 65.2 megawatts. Bajaj Finserv Ltd. was incorporated in 2007 and is based in Pune, India.
Stock analysis
Bajaj Finserv Limited (BAJAJFINSV) currently trades at ₹1,835, while our model-based Fair Value estimate is ₹796.21, 57% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Earnings-Based group reads highest at a median of ₹2,144 per share, and 2 of the 9 models we run sit above the ₹1,835 price.
Bear case: the Asset-Based group reads lowest at ₹316.13, and 7 of the 9 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ₹437.19 (bear) to ₹995.26 (bull), the price of ₹1,835 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 38/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Bajaj Finserv Limited reported revenue of ₹1.5T in FY2026 versus ₹314B in FY2022, a compound +48.4%/yr. Reported net income was ₹98.0B in FY2026, compounding +21.1%/yr from FY2022.
Key figures
Market cap ₹2.9T (≈ $31.2B) Large · P/E ratio 29.1 · P/S ratio 1.87 · EPS (TTM) ₹62.99 · Dividend yield 0.1% · Net margin 6.5% · Return on equity 14.6% · Return on assets (EBIT) 3.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 59 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −5% fair-value upside, at −57%, BAJAJFINSV screens richer than that median.
Fair Value models
All 9 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
BAJAJFINSV screens overvalued: fair value 57% below the price. Compare with ORIX Corporation →
Recent news
- Bajaj Finserv Ltd (BOM:532978) (Q2 2027) Earnings Call Highlights: Consolidated PAT Jumps 25% ...
- Bajaj Finserv and Allianz terminate India JV
- India's Bajaj Group completes 23% stake acquisition in its insurance units from Allianz
- Bajaj Finserv announces rebrand of insurance subsidiaries
Compare Bajaj Finserv Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Financial Conglomerates · 49 stocks
Valuation Multiplesvs Financial Conglomerates median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/B ratio by industry
- Net margin by industry
- Stock screener with 62 metrics
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Financial Conglomerates stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Guosen Securities Co 002736 | ¥9.16 | ¥15.33 | +67% | vs BAJAJFINSV |
| ORIX Corporation IX | $35.84 | $59.24 | +65% | vs BAJAJFINSV |
| Guangzhou Yuexiu Capital Holdings 000987 | ¥6.94 | ¥9.19 | +32% | vs BAJAJFINSV |
| China Galaxy Securities Co 601881 | ¥11.91 | ¥12.36 | +4% | vs BAJAJFINSV |
| CNPC Capital Company 000617 | ¥6.60 | ¥6.25 | −5% | vs BAJAJFINSV |
| Voya Financial, Inc VOYA | $98.40 | $60.87 | −38% | vs BAJAJFINSV |
| Bicecorp S.A BICE | 430.17 CLP | 261.70 CLP | −39% | vs BAJAJFINSV |
| Aditya Birla Capital Limited ABCAPITAL | ₹396.10 | ₹217.72 | −45% | vs BAJAJFINSV |
| Storebrand ASA STB | kr 202.60 | kr 108.73 | −46% | vs BAJAJFINSV |
| Freedom Holding FRHC | $177.17 | $23.79 | −87% | vs BAJAJFINSV |
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Key figures of Bajaj Finserv Limited
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