Bajaj Holdings & Investment (500490) Q4 25/26 earnings summary

Executive summary

• Achieved all-time high standalone and consolidated annual profit for FY26, with consolidated PAT up 48% year-over-year to ₹9,637 crore and standalone PAT up 264% to ₹4,708 crore.

• Board recommended a final dividend of ₹130 per share (including a ₹50 special payout), bringing total FY26 dividend to ₹195 per share, more than doubling the previous year’s payout.

• Sold 1.04 crore shares of Bajaj Finserv Limited, generating a one-time profit of ₹1,522 crore (consolidated) and ₹1,983 crore (standalone).

Financial highlights

• Consolidated total income for FY26 was ₹1,124 crore, up from ₹831 crore in FY25.

• Share of profits from associates rose to ₹7,606 crore in FY26 from ₹6,132 crore in FY25.

• Excluding profit on sale of BFS shares, consolidated PAT was ₹8,256 crore (up 27%) and standalone PAT was ₹2,866 crore (up 122%).

• Net asset value per share as of March 31, 2026, was ₹19,388, compared to a book value of ₹2,454 per share.

Outlook and guidance

• Company continues to focus on investment income and strategic stakes in group companies.

• Application for re-categorisation as an Unregistered Core Investment Company is under RBI review.