Established in: 2007
Managing Director: Sanjiv Bajaj
Bajaj Finserv Limited is a non-banking financial services institution involved in lending, asset management, wealth management and insurance. The company is headquartered in Pune, Maharashtra. In 2007, Bajaj Finserv Limited was demerged from the Bajaj Group and became a holding company for the group’s financial businesses.
Bajaj Finserv Limited did not have an IPO; instead, it became a publicly listed company in 2008 through a corporate demerger from Bajaj Auto Finance Limited, approved by the High Court of Judicature at Bombay. The shares of the company were distributed directly to existing shareholders.
History of Bajaj Finserv Limited
Bajaj Finserv Limited's origins go way back to 1987, the year when Bajaj Auto Finance Limited was founded to provide auto loans to its customers for their two and three-wheeler vehicles. Today, it is known as Bajaj Finance Limited and was incorporated later when Bajaj Finserv Limited became a holding company for all of Bajaj group's financial services, when the business of Bajaj Auto Limited was demerged following court approval.
In the year 2001, it entered the insurance industry by entering into a joint venture with Allianz SE, setting up Bajaj Allianz, a company that offered both life insurance and general insurance. In 2010, the name of Bajaj Auto Finance Limited was officially changed to Bajaj Finance Limited. On 30 th January, 2026, Bajaj Group acquired the stake held by Allianz SE and bought out Allianz SE from the joint venture it held in the business since 2001. The name of the new venture business was rebranded, and it would be named Bajaj General Insurance and Bajaj Life Insurance.
Business Segments of Bajaj Finserv Limited
The following are the business segments of Bajaj Finserv Limited.
This business segment is primarily managed by Bajaj Finance Limited, which provides various types of loans along with two-wheeler and three-wheeler financing. The company also offers home loans, lease rental discounts, and developer financing. The company provides working capital loans, business loans, construction equipment loans and loans against securities customised for small and medium enterprises.
Through its joint venture, Bajaj Allianz Life Insurance Company, the company offers term insurance, retirement planning, savings and investment-linked insurance policies. It offers auto, travel, home, health and commercial insurance to individuals and corporations.
This segment is managed by Bajaj Finserv Asset Management Limited, which provides portfolio management and advisory services to high-net-worth individuals and businesses.
Bajaj Finserv Direct oversees a digital financial services platform for loans, credit cards and investment products. Bajaj Finserv Health, a subsidiary of Bajaj Finserv Limited, offers personalised digital healthcare services, such as doctor consultations and health plans.
Future Plans of Bajaj Finserv Limited
The following are the future plans of Bajaj Finserv Limited.
The company is integrating around 29 artificial intelligence-based processes to increase efficiency and aims to save around ₹1.5 billion annually. It's launching new initiatives to support deep-tech research by partnering with IIT Bombay. Bajaj Finserv Limited has also partnered with Bharti Airtel to build one of India’s largest digital financial services platforms.
The company is aiming to boost its AUM growth and also endeavours to maintain a healthy Return on Assets (ROA) and Return on Equity (ROE) of around 4.6-4.8% and 21–23%, respectively.
- Mutual Funds and Insurance
The company is focused on expanding the Bajaj Finserv mutual fund portfolio by offering mutual fund investments such as Flexi Cap, Small Cap, and Multi Asset Allocation funds. It is also expanding the operations of Bajaj General Insurance and Bajaj Life Insurance to increase market share.
Subsidiaries of Bajaj Finserv Limited
The following are the subsidiaries of Bajaj Finserv Limited.
- Bajaj Finance Limited
- Bajaj Allianz General Insurance Company Limited
- Bajaj Allianz Life Insurance Company Limited
- Bajaj Housing Finance Limited
- Bajaj Financial Securities Limited
- Bajaj Finserv Direct Limited
- Bajaj Finserv Health Limited
- Bajaj Finserv Asset Management Limited
- Bajaj Finserv Ventures Limited
- Bajaj Finserv Mutual Fund Trustee Limited
- Bajaj Alternate Investment Management Limited
Bajaj Finserv Financial Highlights
- Revenue: Bajaj Finserv reported revenue of ₹1,50,503.77 crore in FY26 vs ₹1,32,943.25 crore in FY25. It showed an increase of 13.21% on a yearly basis.
- Operating Profit: Bajaj Finserv reported an operating profit of ₹26,883.15 crore in FY26 vs ₹23,748.21 crore in FY25. It showed an increase of 13.20% on a year-on-year basis.
- Net Profit: Bajaj Finserv reported a net profit of ₹19,669.47 crore in FY26 vs ₹17,557.64 crore in FY25. It showed an increase of 12.03% on a yearly basis.
Bajaj Finserv Quarterly Result Highlights
- Bajaj Finserv reported revenue of ₹42,036.90 crore in Jun 2026, compared with ₹38,493.79 crore in Mar 2026, representing an increase of 9.20% on a quarter-on-quarter (QoQ) basis.
- Bajaj Finserv reported an operating profit of ₹8,932.19 crore in Jun 2026, compared with ₹6,928.10 crore in Mar 2026, representing an increase of 28.93% on a quarter-on-quarter (QoQ) basis.
- Bajaj Finserv reported a profit of ₹6,296.67 crore in Jun 2026, compared with ₹5,226.26 crore in Mar 2026, reflecting an increase of 20.48% on a QoQ basis.
- The earnings per share (EPS) of Bajaj Finserv stood at ₹61.30 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
