Bajaj Holdings (BAJAJHLDNG)

FairStock Score: 72/100 — STEADY

Score breakdown: P/E: 2/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Bajaj Holdings as a holding company, so the operating numbers need care. At ₹11,475, market cap is ₹1.28 lakh Cr, P/E 14.43, P/B 1.75, and book value ₹6,572.76. Zero debt is a true Graham comfort. Promoter holding of 51.46% keeps skin in the game. But the latest quarter shows Sales ₹288 Cr and Net Profit ₹2,018 Cr—profit far above sales—so I must know whether that comes from investments or one-offs. ROE 11.60% and ROCE 9.82% are respectable but not wonderful. Five-year revenue CAGR is 11.18%, while latest sales growth 33.67% looks lumpy. Profit growth of -83.10% is a serious warning. Free cash flow ₹1,097 Cr is positive. The Graham Number is ₹10,002.99, so at ₹11,475 the margin of safety is -8.01%; I am paying above intrinsic asset-based value. DCF intrinsic value ₹2,674.11 is far lower, though such models struggle with holding companies. EV/EBITDA 111.20 looks stretched, while PEG 1.21 and Piotroski 7/9 are healthier. Altman Z-Score 1.83 is below the classic safe zone. Dividend yield 1.39% is modest. The 52-week range of ₹8,588 to ₹13,250 shows the stock has swung widely, and at ₹11,475 I am not buying at the low end. FairStock 72/100 says STEADY. My conclusion: quality balance sheet, but valuation lacks a Graham bargain. I would monitor investee value, profit source, and dividend growth before paying up. A Stalwart, not a fast grower.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer