| Scrip code | 532978 |
|---|---|
| NSE Symbol | BAJAJFINSV |
| MSEI Symbol | NOTLISTED |
| ISIN | INE918I01026 |
| Name of company | BAJAJ FINSERV LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 11-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-10-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 11-11-2025 11:15:00 |
| End date and time of board meeting | 11-11-2025 13:35:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 19,59,869.00 | 38,48,843.00 |
| (ii) | Dividend Income | 4,476.00 | 9,826.00 |
| (iii) | Rental Income | 15.00 | 176.00 |
| (iv) | Fees and commission Income | 1,55,198.00 | 3,20,102.00 |
| (v) | Net gain on fair value changes | (62,078.00) | 65,583.00 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 0.00 |
| (viii) | Sale of services | 25,434.00 | 48,760.00 |
| (ix) | Other revenue from operations | ||
| 1 | Premium and other operating income from insurance business | 15,93,618.00 | 28,74,033.00 |
| 2 | Others | 63,761.00 | 1,16,878.00 |
| Total other revenue from operations | 16,57,379.00 | 29,90,911.00 | |
| Total Revenue From Operations | 37,40,293.00 | 72,84,201.00 | |
| Other income | 0.00 | 1,226.00 | |
| Total income | 37,40,293.00 | 72,85,427.00 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 0.00 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 3,38,554.00 | 6,57,932.00 | |
| Finance costs | 6,90,133.00 | 13,70,843.00 | |
| Depreciation, depletion and amortisation expense | 32,719.00 | 64,452.00 | |
| Fees and commission expense | 2,61,017.00 | 4,99,456.00 | |
| Net loss on fair value changes | 0.00 | 0.00 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 | |
| Impairment on financial instruments | 2,27,694.00 | 4,38,969.00 | |
| (f) | Other expenses | ||
| 1 | Claims paid | 6,84,775.00 | 12,48,652.00 |
| 2 | Reinsurance ceded | 3,56,171.00 | 6,65,713.00 |
| 3 | Net change in insurance / investment contract liabilities | 2,85,938.00 | 5,90,046.00 |
| 4 | Other expenses | 1,81,099.00 | 3,46,869.00 |
| Total other expenses | 15,07,983.00 | 28,51,280.00 | |
| Total expenses | 30,58,100.00 | 58,82,932.00 | |
| 3 | Total profit before exceptional items and tax | 6,82,193.00 | 14,02,495.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 6,82,193.00 | 14,02,495.00 |
| 7 | Tax expense | ||
| 8 | Current tax | 2,02,293.00 | 4,13,148.00 |
| 9 | Deferred tax | 5,573.00 | (17,835.00) |
| 10 | Total tax expenses | 2,07,866.00 | 3,95,313.00 |
| 11 | Net Profit Loss for the period from continuing operations | 4,74,327.00 | 10,07,182.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 320.00 | 382.00 |
| 15 | Total profit (loss) for period | 4,74,647.00 | 10,07,564.00 |
| 16 | Other comprehensive income net of taxes | (1,45,682.00) | (1,78,917.00) |
| 17 | Total Comprehensive Income for the period | 3,28,965.00 | 8,28,647.00 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 2,24,410.00 | 5,03,315.00 | |
| Total profit or loss, attributable to non-controlling interests | 2,50,237.00 | 5,04,249.00 | |
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 1,20,937.00 | 3,73,232.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 2,08,028.00 | 4,55,415.00 | |
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 15,971.00 | 15,971.00 | |
| Face value of equity share capital | 1 | 1 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 14.1 | 31.5 | |
| Diluted earnings per share from continuing operations | 13.9 | 31.2 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 14.1 | 31.5 | |
| Diluted earnings per share | 13.9 | 31.2 | |
| 23 | Debt equity ratio | ||
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | ||
| 23 | Debt equity ratio | Not Applicable |
|---|---|---|
| 24 | Debt service coverage ratio | Not Applicable |
| 25 | Interest service coverage ratio | Not Applicable |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated |
| Statement of cash flows | ||
| Cash flows from used in operating activities | ||
| Profit before tax | 14,02,495.00 | |
| Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 0.00 | |
| Adjustments for decrease (increase) in inventories | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, current | 41,293.00 | |
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |
| Adjustments for decrease (increase) in other current assets | (2,15,085.00) | |
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |
| Adjustments for other financial assets, non-current | 0.00 | |
| Adjustments for other financial assets, current | (46,59,871.00) | |
| Adjustments for other bank balances | 0.00 | |
| Adjustments for increase (decrease) in trade payables, current | 58,805.00 | |
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |
| Adjustments for increase (decrease) in other current liabilities | 30,473.00 | |
| Adjustments for increase (decrease) in other non-current liabilities | 7,90,145.00 | |
| Adjustments for depreciation and amortisation expense | 64,452.00 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for provisions, current | 0.00 | |
| Adjustments for provisions, non-current | 0.00 | |
| Adjustments for other financial liabilities, current | 0.00 | |
| Adjustments for other financial liabilities, non-current | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 9,826.00 | |
| Adjustments for interest income | 38,48,843.00 | |
| Adjustments for share-based payments | 28,968.00 | |
| Adjustments for fair value losses (gains) | 0.00 | |
| Adjustments for undistributed profits of associates | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |
| Other adjustments to reconcile profit (loss) | 17,12,151.00 | |
| Other adjustments for non-cash items | 0.00 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments for reconcile profit (loss) | (60,07,338.00) | |
| Net cash flows from (used in) operations | (46,04,843.00) | |
| Dividends received | 0.00 | |
| Interest paid | 11,78,205.00 | |
| Interest received | 35,31,498.00 | |
| Income taxes paid (refund) | 2,90,563.00 | |
| Other inflows (outflows) of cash | (32,487.00) | |
| Net cash flows from (used in) operating activities | (25,74,600.00) | |
| Cash flows from used in investing activities | ||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 1,06,50,329.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 1,19,46,350.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property, plant and equipment | 6,154.00 | |
| Purchase of property, plant and equipment | 42,101.00 | |
| Proceeds from sales of investment property | 0.00 | |
| Purchase of investment property | 0.00 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 17,051.00 | |
| Proceeds from sales of intangible assets under development | 0.00 | |
| Purchase of intangible assets under development | 0.00 | |
| Proceeds from sales of goodwill | 0.00 | |
| Purchase of goodwill | 0.00 | |
| Proceeds from biological assets other than bearer plants | 0.00 | |
| Purchase of biological assets other than bearer plants | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Proceeds from sales of other long-term assets | 0.00 | |
| Purchase of other long-term assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 3,81,321.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | (17,038.00) | |
| Net cash flows from (used in) investing activities | (9,84,736.00) | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |
| Payments from changes in ownership interests in subsidiaries | 0.00 | |
| Proceeds from issuing shares | 35,349.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Payments to acquire or redeem entity's shares | 0.00 | |
| Payments of other equity instruments | 0.00 | |
| Proceeds from exercise of stock options | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 55,56,867.00 | |
| Repayments of borrowings | 22,11,675.00 | |
| Payments of lease liabilities | 17,512.00 | |
| Dividends paid | 1,84,675.00 | |
| Interest paid | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities | 31,78,354.00 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (3,80,982.00) | |
| Effect of exchange rate changes on cash and cash equivalents | ||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (3,80,982.00) | |
| Cash and cash equivalents cash flow statement at beginning of period | 8,61,620.00 | |
| Cash and cash equivalents cash flow statement at end of period | 4,80,638.00 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 2,32,273.00 | ||
| Bank Balance other than (a) above | 10,43,164.00 | ||
| Derivative financial instruments | 94,752.00 | ||
| Receivables | |||
| (I) Trade Receivables | 7,93,786.00 | ||
| (II) Other Receivables | 0.00 | ||
| Loans | 4,53,37,540.00 | ||
| Investments | 2,00,87,324.00 | ||
| Other Financial assets | 20,85,092.00 | ||
| Total Financial Assets | 6,96,73,931.00 | ||
| 2 | Non Financial Asset | ||
| Inventories | 0.00 | ||
| Current tax assets (Net) | 36,169.00 | ||
| Deferred tax Assets (Net) | 1,38,832.00 | ||
| Investment Property | 2,872.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Property, Plant and Equipment | 4,16,833.00 | ||
| Capital work-in-progress | 15,503.00 | ||
| Intangible assets under development | 30,341.00 | ||
| Goodwill | 80,284.00 | ||
| Other Intangible assets | 1,24,478.00 | ||
| Other non-financial assets (to be specified) | 2,32,253.00 | ||
| Total Non Financial Assets | 10,77,565.00 | ||
| Total assets | 7,07,51,496.00 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 15,971.00 | ||
| Other equity | 76,33,067.00 | ||
| Total equity attributable to owners of parent | 76,49,038.00 | ||
| Non controlling interest | 592508300000 | ||
| Total equity | 1,35,74,121.00 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | 84,580.00 | |
| (b) | Payables | 0.00 | |
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 620.00 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 7,87,044.00 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 326.00 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 2,10,344.00 | ||
| (C ) | Debt Securities | 1,80,65,817.00 | |
| (d) | Borrowings (Other than Debt Securities) | 1,37,18,938.00 | |
| (e) | Deposits | 69,76,581.00 | |
| (f) | Subordinated Liabilities | 3,01,325.00 | |
| (g) | Other financial liabilities | 1,62,38,056.00 | |
| Total Financial Liabilities | 5,63,83,631.00 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 1,41,629.00 | |
| (b) | Provisions | 78,225.00 | |
| (C ) | Deferred tax liabilities (Net) | 26,906.00 | |
| (d) | Other non-financial liabilities | 5,46,984.00 | |
| Total Non Financial Liabilities | 7,93,744.00 | ||
| Total liabilities | 5,71,77,375.00 | ||
| Total equity and liabilites | 7,07,51,496.00 | ||
| Disclosure of notes on assets and liabilities | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| 1 | Insurance | 17,29,493.00 | 33,31,019.00 |
| 2 | Investments and others | 1,86,041.00 | 2,65,664.00 |
| 3 | Retail financing | 20,18,076.00 | 39,70,850.00 |
| 4 | Windmill | 988.00 | 1,746.00 |
| Total Segment Revenue | 39,34,598.00 | 75,69,279.00 | |
| Less: Inter segment revenue | 1,94,305.00 | 2,83,852.00 | |
| Revenue from operations | 37,40,293.00 | 72,85,427.00 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | Insurance | 50,774.00 | 1,41,657.00 |
| 2 | Investments and others | (22,683.00) | (42,328.00) |
| 3 | Retail financing | 6,53,704.00 | 13,02,397.00 |
| 4 | Windmill | 718.00 | 1,151.00 |
| Total Profit before tax | 6,82,513.00 | 14,02,877.00 | |
| i. Finance cost | 0.00 | 0.00 | |
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |
| Profit before tax | 6,82,513.00 | 14,02,877.00 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | Insurance | 1,92,40,327.00 | 1,92,40,327.00 |
| 2 | Investments and others | 4,78,836.00 | 4,78,836.00 |
| 3 | Retail financing | 5,08,89,037.00 | 5,08,89,037.00 |
| 4 | Windmill | 3,426.00 | 3,426.00 |
| Total Segment Asset | 7,06,11,626.00 | 7,06,11,626.00 | |
| Un-allocable Assets | 1,038.00 | 1,038.00 | |
| Net Segment Asset | 7,06,12,664.00 | 7,06,12,664.00 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | Insurance | 1,72,98,430.00 | 1,72,98,430.00 |
| 2 | Investments and others | 80,228.00 | 80,228.00 |
| 3 | Retail financing | 6,93,868.00 | 6,93,868.00 |
| 4 | Windmill | 61.00 | 61.00 |
| Total Segment Liabilities | 1,80,72,587.00 | 1,80,72,587.00 | |
| Un-allocable Liabilities | 15,221.00 | 15,221.00 | |
| Net Segment Liabilities | 1,80,87,808.00 | 1,80,87,808.00 | |
| Disclosure of notes on segments | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit or loss | -984100000 | -122800000 |
| Total Amount of items that will not be reclassified to profit and loss | -984100000 | -122800000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to profit or loss | -13584100000 | -17768900000 |
| Total Amount of items that will be reclassified to profit and loss | -13584100000 | -17768900000 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (1,45,682.00) | (1,78,917.00) |