Finance · NSE: BAJFINANCE
Intrynsic's multi-model valuation estimates Bajaj Finance Limited's fair value at ₹458 per share (range ₹263–₹458) against a market price of ₹974 - a gap of -52.9% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹974
close of 29 Sept 2026
Est. fair value
₹458
₹263–₹458
Gap
-52.9%
price vs estimate
Trading ~53% above our estimated fair-value range. Assumptions and per-model workings are below.
Bajaj Finance is India's largest non-bank lender, giving consumer, small-business and mortgage loans to millions of retail customers. It earns the spread between what it borrows at and what it lends at, so credit quality and funding costs drive its results.
Finance · Finance
Over the last 3 years, revenue grew 25.6%/yr and profit grew 18.9%/yr.
Every ₹100 of shareholder money earned ₹17.0 in profit last year, vs a sector median of 10.8%.
Borrowing is core to a lender's business model — judge it on profitability and consistency instead.
The market price is above our estimated fair-value range (based on stated assumptions).
Returns on equity varied by about 1.8 percentage points over the last 5 years — steady.
Intrynsic values Bajaj Finance Limited with 4 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| P/B + Excess ReturnBank Net Worth Method | ₹263 | -73% | - |
| DDMDividend Discount Method | ₹61 | -94% | - |
| Bank FCFE DCFBank Cash Flow Method | ₹185 | -81% | - |
| SOTPSum of Parts Method | ₹458 | -53% | - |
| Revenue | ₹81,982 Cr | |
| Net profit | ₹19,332 Cr | |
| EPS | ₹30.56 | |
| Free cash flow | ₹-66,751 Cr | |
| ROE (latest) | 17.0% | |
| Revenue growth (CAGR) | 26.4% | |
| Profit growth (CAGR) | 29.9% |
Intrynsic's multi-model valuation estimates Bajaj Finance Limited's fair value at ₹458 per share (range ₹263–₹458), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.
Bajaj Finance Limited trades at ₹974 against Intrynsic's estimated fair value of ₹458 - the market price is 53% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Bajaj Finance Limited trades at about 31.9 times its latest annual earnings per share.
Bajaj Finance is India's largest non-bank lender, giving consumer, small-business and mortgage loans to millions of retail customers. It earns the spread between what it borrows at and what it lends at, so credit quality and funding costs drive its results.
Intrynsic runs 4 valuation models for Bajaj Finance Limited (P/B + Excess Return, DDM, Bank FCFE DCF, SOTP) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy