Bajaj Finance (BAJFINANCE) Weekly Analysis
Price & Volume
The stock price experienced a decline of 1.76% during the week ending April 17, 2026. Trading activity was relatively quiet, with total volume dropping by 24.3% compared to the previous week. The price ended the week at 908.25, which is slightly below its 50-day moving average.
Technicals
The stock closed at 908.25 this week, reflecting a 1.76% decrease. The 50-day moving average, which tracks the average price over 50 days to show the medium-term trend, is sloping upward. Momentum is measured by the Relative Strength Index (RSI), which sits at 52.92, indicating neutral momentum. Volatility, measured by Bollinger Band width, is at 17.54%, showing moderate price fluctuations. The Moving Average Convergence Divergence (MACD) histogram is positive at 11.39, suggesting current momentum remains above the signal line. Overall, the technical regime shows a mix of medium-term trend support and neutral momentum.
Fundamentals
Bajaj Finance demonstrates robust long-term expansion, with revenue growing at a 3-year CAGR of 30.1% and net profit at 33.7%. In the most recent Dec 2025 quarter, revenue increased 17.6% YoY, though net profit declined 5.6% YoY. The company maintains a TTM EBITDA of ₹52,879, reflecting significant scale. Profitability remains substantial, with a TTM net profit margin of 23.1%. The balance sheet shows a net debt of ₹397,401 as of Sep 2025, with a debt-to-equity ratio of 3.9. Current market valuation stands at 35.1× PE and 6.1× PB, indicating the current price relative to earnings and book value.
News
During the week ending April 19, 2026, Bajaj Finance engaged in significant capital activities, including the allotment of ₹2004.31 crore in secured non-convertible debentures on a private placement basis on April 17. Additionally, on April 17, Robust Marketing Services pledged 2,48,000 shares of Deepak Fertilisers to the company. Market analysis remained varied, as the stock received a hold upgrade on April 16, while other reports maintained a sell rating and noted shifting technical momentum. Furthermore, on April 15, reports indicated that the Reserve Bank of India's updated upper-layer regulations were expected to have a limited impact on the company's operations, despite broader market volatility affecting related entities like Bajaj Housing Finance.
Events
Bajaj Finance has allotted 2,00,400 secured redeemable non-convertible debentures on a private placement basis, aggregating to ₹2,004.31 crore. These debentures carry a coupon rate of 7.77% per annum and are set to mature on 17 April 2029.
Bajaj Finance Limited has scheduled a conference call for 29 April 2026 to discuss its financial results for the quarter ended 31 March 2026.
Bajaj Finance Limited has allotted 34,72,439 equity shares of face value Re. 1 to the BFL Employee Welfare Trust under its Employee Stock Option Scheme, 2009.
Bajaj Finance Limited will hold a board meeting on 29 April 2026 to approve audited financial results for the year ended 31 March 2026 and consider a potential dividend recommendation for shareholders.
Bajaj Finance Limited submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations for the quarter ended 31 March 2026, confirming no securities were received for dematerialization during this period.
ICRA has issued a credit rating rationale report for the entity, providing an assessment of its financial stability and creditworthiness for stakeholders.
CARE Ratings has reaffirmed the 'CARE AAA; Stable' rating for Bajaj Finance Limited's bank facilities and debt instruments, citing its strong market position, robust capitalization, and diversified asset base. This reaffirms the company's financial stability and creditworthiness for shareholders.
CRISIL Ratings has reaffirmed its 'CRISIL AAA/Stable/CRISIL A1+' ratings on Bajaj Finance Limited's bank loan facilities and debt instruments. The rating reflects the company's strong business risk profile, healthy capitalization, and strategic importance to the Bajaj group.
India Ratings and Research assigned 'IND AAA/Stable/IND A1+' ratings to Bajaj Finance Limited's additional bank loan facilities and affirmed its existing credit ratings. The ratings reflect the company's strong retail financing leadership, diversified funding, and expected support from the Bajaj group.
Bajaj Finance Limited has scheduled a conference call for 29 April 2026 to discuss its financial results for the quarter ended 31 March 2026.
Bajaj Finance Limited has allotted 34,72,439 equity shares of face value Re. 1 to the BFL Employee Welfare Trust under its Employee Stock Option Scheme, 2009.
Bajaj Finance Limited will hold a board meeting on 29 April 2026 to approve audited financial results for the year ended 31 March 2026 and consider a potential dividend recommendation for shareholders.
Bajaj Finance Limited submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations for the quarter ended 31 March 2026, confirming no securities were received for dematerialization during this period.
ICRA has issued a credit rating rationale report for the entity, providing an assessment of its financial stability and creditworthiness for stakeholders.
CARE Ratings has reaffirmed the 'CARE AAA; Stable' rating for Bajaj Finance Limited's bank facilities and debt instruments, citing its strong market position, robust capitalization, and diversified asset base. This reaffirms the company's financial stability and creditworthiness for shareholders.
CRISIL Ratings has reaffirmed its 'CRISIL AAA/Stable/CRISIL A1+' ratings on Bajaj Finance Limited's bank loan facilities and debt instruments. The rating reflects the company's strong business risk profile, healthy capitalization, and strategic importance to the Bajaj group.
India Ratings and Research assigned 'IND AAA/Stable/IND A1+' ratings to Bajaj Finance Limited's additional bank loan facilities and affirmed its existing credit ratings. The ratings reflect the company's strong retail financing leadership, diversified funding, and expected support from the Bajaj group.
Weekly Snapshot
Highlights
- The stock price declined by 1.76% over the week, closing at 908.25.
- Trading volume decreased by 24.3% compared to the previous week, reflecting lower market participation.
- The company allotted 2,00,400 secured non-convertible debentures on a private placement basis worth 2,004.31 crore.
- The Relative Strength Index (RSI), a measure of momentum, sits at 52.92, indicating a neutral state.
- The company maintains a strong long-term growth profile with a 3-year revenue CAGR of 30.1%.
What This Means
Bajaj Finance experienced a quiet week with low trading volume and a slight price decline. The stock is currently trading below its 50-day moving average, while technical indicators like the MACD (a tool that identifies changes in momentum) show a positive histogram, suggesting the underlying trend structure remains intact despite the recent price drop. The company also completed a significant debt issuance through the private placement of non-convertible debentures.
Latest Quarter Info
For the quarter ending December 2025, the company demonstrated solid top-line momentum, achieving revenue growth of 5.1% sequentially and 17.6% year-over-year. Despite this expansion in revenue, bottom-line performance faced significant pressure, with net profit declining by 17.8% quarter-over-quarter and 5.6% year-over-year. The divergence between revenue growth and profitability is largely attributable to substantial interest obligations and other non-operating costs that weighed on the final earnings figures. While the revenue trajectory remains positive, the contraction in earnings per share, which fell by 18.5% sequentially, highlights a challenging cost environment that has impacted overall margin efficiency during this reporting period.