Consolidated Financial Performance (H1 FY27)
Key Financial Metrics
| Particulars | H1 FY27 | H1 FY26 | FY26 |
| Total Income | ₹103 crore | ₹188 crore | ₹1,858 crore |
| Share of Profit/(Loss) from Associates | - | ₹159 crore | ₹159 crore |
| Profit Before Tax | ₹181 crore | ₹689 crore | ₹805 crore |
| Profit After Tax | ₹184 crore | ₹504 crore | ₹725 crore |
| Consolidated PAT (after minority interest) | ₹4,700 crore | ₹3,665 crore | ₹8,256 crore |
Subsidiary Performance Breakdown
a. Bajaj Auto Ltd. (BAL) - Standalone
- Volumes: 20.64 lakh units (comparative figure not provided)
- Revenue: ₹679 crore
- EBITDA: ₹105 crore
- PAT: ₹73 crore (₹36.35 crore share for BHIL)
- Key operational highlights include new product launches, market share gains in key segments, and expansion of electric three-wheeler portfolio
- Declared interim dividend of ₹140 per share (₹73 crore share for BHIL)
b. Bajaj Finserv Ltd. (BFS) - Consolidated
- Total Income: ₹589 crore
- PAT: ₹409 crore
- Bajaj Finance Limited: Customer franchise grew to 89.0 million in H1 FY27 from 84.8 million in H1 FY26. Loan book stood at ₹84,998 crore versus ₹76,905 crore. PAT was ₹289 crore.
- Bajaj Allianz Life Insurance: New Business Premium stood at ₹80 crore versus ₹75,098 crore. PAT was ₹47 crore.
- Bajaj Allianz General Insurance: Gross Direct Premium stood at ₹70 crore versus ₹75,098 crore. PAT was ₹45 crore.
- The company holds 52.49% stake in Bajaj Finance Limited valued at ₹69,098 crore and 74.00% stake in Bajaj Allianz General Insurance valued at ₹9,850 crore as of 30 September 2026.
Standalone Financial Performance (H1 FY27)
| Particulars | H1 FY27 | H1 FY26 | FY26 |
| Total Income | ₹0.489 crore | ₹0.490 crore | ₹0.490 crore |
| Profit Before Tax | ₹240 crore | ₹904 crore | ₹1,028 crore |
| Profit After Tax | ₹174 crore | ₹427 crore | ₹470 crore |
| PAT (after minority interest) | ₹1,748 crore | ₹4,217 crore | ₹4,708 crore |
| EPS | ₹105 crore | ₹257 crore | ₹287 crore |
| Dividend | ₹40 crore | ₹181 crore | ₹205 crore |
The company's investment income is classified under "Income from Investments" and is recognized in the Profit and Loss Account.
Investment Portfolio
| Particulars | Cost (30-Sep-26) | Market Value (30-Sep-26) | Cost (31-Mar-26) | Market Value (31-Mar-26) |
| Investments | ₹1,758 crore | ₹24,014 crore | ₹1,760 crore | ₹21,581 crore |
| Other items | - | - | ₹100 | ₹100 |
| Total | ₹1,758 crore | ₹24,014 crore | ₹1,760 crore | ₹21,581 crore |
The investment portfolio shows significant unrealized gains with market value substantially exceeding cost basis.
About BHIL
Bajaj Holdings & Investment Limited is an investment holding company with primary investments in:
- 31.67% stake in Bajaj Auto Limited (valued at ₹69,098 crore)
- 35.79% stake in Bajaj Finserv Limited (valued at ₹69,098 crore)
The company holds 100% stake in Bajaj Auto Holdings Limited and Bajaj Finserv Holdings Limited, which in turn hold stakes in the main operating companies.
Significant Investments and Consolidation Method
| Investment | Stake | Consolidation Method |
| Bajaj Auto Limited | 31.67% | Equity Method |
| Bajaj Finserv Limited | 35.79% | Equity Method |
| Bajaj Auto Holdings Limited | 100% | Step-down Consolidation |
| Bajaj Finserv Holdings Limited | 100% | Step-down Consolidation |
| Other strategic investments | Various | Equity Method/FVTPL |
BHIL was incorporated in 1926 under the Indian Companies Act, 1913 and is registered with RBI as a Non-Banking Financial Company (NBFC).
Additional Information
The report has been circulated to shareholders through electronic mode and is available on the company's website at https://www.bhil.in/investors.html#url-annual-reports