Bajaj Finserv Limited (BAJAJFINSV) - Net Assets

Latest as of September 2025: Rs1.36 Trillion INR ≈ $14.68 Billion USD

Based on the latest financial reports, Bajaj Finserv Limited (BAJAJFINSV) has net assets worth Rs1.36 Trillion INR (≈ $14.68 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.08 Trillion ≈ $76.52 Billion USD) and total liabilities (Rs5.72 Trillion ≈ $61.84 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Bajaj Finserv Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.36 Trillion
% of Total Assets	19.19%
Annual Growth Rate	26.52%
5-Year Change	120.32%
10-Year Change	559.48%
Growth Volatility	13.44

Bajaj Finserv Limited - Net Assets Trend (2008–2025)

This chart illustrates how Bajaj Finserv Limited's net assets have evolved over time, based on quarterly financial data. Also explore BAJAJFINSV current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Bajaj Finserv Limited (2008–2025)

The table below shows the annual net assets of Bajaj Finserv Limited from 2008 to 2025. For live valuation and market cap data, see Bajaj Finserv Limited stock valuation.

Year	Net Assets	Change
2025-03-31	Rs1.28 Trillion ≈ $13.89 Billion	+23.76%
2024-03-31	Rs1.04 Trillion ≈ $11.22 Billion	+33.74%
2023-03-31	Rs775.98 Billion ≈ $8.39 Billion	+17.01%
2022-03-31	Rs663.20 Billion ≈ $7.17 Billion	+13.77%
2021-03-31	Rs582.94 Billion ≈ $6.30 Billion	+14.61%
2020-03-31	Rs508.61 Billion ≈ $5.50 Billion	+39.07%
2019-03-31	Rs365.74 Billion ≈ $3.96 Billion	+13.48%
2018-03-31	Rs322.30 Billion ≈ $3.49 Billion	+38.02%
2017-03-31	Rs233.51 Billion ≈ $2.53 Billion	+19.90%
2016-03-31	Rs194.75 Billion ≈ $2.11 Billion	+27.17%
2015-03-31	Rs153.15 Billion ≈ $1.66 Billion	+17.47%
2014-03-31	Rs130.37 Billion ≈ $1.41 Billion	+19.88%
2013-03-31	Rs108.74 Billion ≈ $1.18 Billion	+48.74%
2012-03-31	Rs73.11 Billion ≈ $790.64 Million	+42.15%
2011-03-31	Rs51.43 Billion ≈ $556.20 Million	+45.74%
2010-03-31	Rs35.29 Billion ≈ $381.65 Million	+45.12%
2009-03-31	Rs24.32 Billion ≈ $262.99 Million	+3.21%
2008-03-31	Rs23.56 Billion ≈ $254.82 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Bajaj Finserv Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 45570270000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs455.70 Billion	62.95%
Common Stock	Rs1.60 Billion	0.22%
Other Comprehensive Income	Rs124.16 Billion	17.15%
Other Components	Rs142.50 Billion	19.68%
Total Equity	Rs723.95 Billion	100.00%

Bajaj Finserv Limited Competitors by Market Cap

The table below lists competitors of Bajaj Finserv Limited ranked by their market capitalization.

Company	Market Cap
STMicroelectronics NV ADR NYSE:STM	$30.27 Billion
Fairfax Financial Holdings Ltd TO:FFH	$30.31 Billion
Volkswagen AG XETRA:VOW	$30.34 Billion
Bank of Jiangsu Co Ltd SHG:600919	$30.34 Billion
Bajaj Auto Limited NSE:BAJAJ-AUTO	$30.18 Billion
Waters Corporation NYSE:WAT	$30.13 Billion
DTE Energy Company NYSE:DTE	$30.10 Billion
Teledyne Technologies Incorporated NYSE:TDY	$30.06 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bajaj Finserv Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 603,286,400,000 to 723,953,100,000, a change of 120,666,700,000 (20.0%).
Net income of 88,723,100,000 contributed positively to equity growth.
Dividend payments of 15,417,100,000 reduced retained earnings.
Share repurchases of 5,151,000,000 reduced equity.
New share issuances of 5,151,000,000 increased equity.
Other comprehensive income increased equity by 27,472,300,000.
Other factors increased equity by 19,888,400,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs88.72 Billion	+12.26%
Dividends Paid	Rs15.42 Billion	-2.13%
Share Repurchases	Rs5.15 Billion	-0.71%
Share Issuances	Rs5.15 Billion	+0.71%
Other Comprehensive Income	Rs27.47 Billion	+3.79%
Other Changes	Rs19.89 Billion	+2.75%
Total Change	Rs-	20.00%

Book Value vs Market Value Analysis

This analysis compares Bajaj Finserv Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.88x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 138.86x to 3.88x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-03-31	Rs12.58	Rs1747.20	x
2009-03-31	Rs13.01	Rs1747.20	x
2010-03-31	Rs18.77	Rs1747.20	x
2011-03-31	Rs23.21	Rs1747.20	x
2012-03-31	Rs33.20	Rs1747.20	x
2013-03-31	Rs49.69	Rs1747.20	x
2014-03-31	Rs59.16	Rs1747.20	x
2015-03-31	Rs69.09	Rs1747.20	x
2016-03-31	Rs84.73	Rs1747.20	x
2017-03-31	Rs100.63	Rs1747.20	x
2018-03-31	Rs131.98	Rs1747.20	x
2019-03-31	Rs148.08	Rs1747.20	x
2020-03-31	Rs195.03	Rs1747.20	x
2021-03-31	Rs223.25	Rs1747.20	x
2022-03-31	Rs250.76	Rs1747.20	x
2023-03-31	Rs289.15	Rs1747.20	x
2024-03-31	Rs375.11	Rs1747.20	x
2025-03-31	Rs450.14	Rs1747.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bajaj Finserv Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 12.26%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.12%
• Asset Turnover: 0.10x
• Equity Multiplier: 9.01x
Recent ROE (12.26%) is below the historical average (14.14%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	-1.62%	-31.82%	0.01x	8.99x	Rs-2.35 Billion
2009	3.42%	47.81%	0.01x	10.79x	Rs-1.37 Billion
2010	18.56%	334.38%	0.00x	13.10x	Rs2.58 Billion
2011	29.93%	74.25%	0.03x	14.49x	Rs7.42 Billion
2012	25.11%	50.98%	0.04x	11.16x	Rs8.05 Billion
2013	19.73%	41.63%	0.06x	8.20x	Rs7.76 Billion
2014	16.26%	32.01%	0.06x	7.83x	Rs5.95 Billion
2015	15.24%	26.87%	0.07x	7.96x	Rs5.81 Billion
2016	13.70%	27.53%	0.07x	7.61x	Rs5.03 Billion
2017	14.01%	25.16%	0.07x	7.96x	Rs6.47 Billion
2018	12.51%	19.23%	0.09x	7.51x	Rs5.32 Billion
2019	13.54%	17.09%	0.09x	8.78x	Rs8.42 Billion
2020	10.76%	12.68%	0.11x	8.03x	Rs2.39 Billion
2021	12.48%	16.54%	0.10x	7.82x	Rs8.87 Billion
2022	11.32%	14.50%	0.09x	8.29x	Rs5.32 Billion
2023	13.83%	15.93%	0.10x	8.74x	Rs17.77 Billion
2024	13.51%	15.10%	0.10x	8.92x	Rs21.15 Billion
2025	12.26%	13.12%	0.10x	9.01x	Rs16.33 Billion

Industry Comparison

This section compares Bajaj Finserv Limited's net assets metrics with peer companies in the Financial Conglomerates industry.

Industry Context

Industry: Financial Conglomerates
Average net assets among peers: $34,040,844,938
Average return on equity (ROE) among peers: 9.22%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bajaj Finserv Limited (BAJAJFINSV)	Rs1.36 Trillion	-1.62%	4.21x	$30.19 Billion
Aditya Birla Capital Limited (ABCAPITAL)	$52.25 Billion	7.28%	4.75x	$9.79 Billion
Crest Ventures Limited (CREST)	$11.35 Billion	5.30%	0.21x	$111.87 Million
DiGiSPICE Technologies Limited (DIGISPICE)	$2.71 Billion	-13.19%	1.02x	$46.97 Million
Edelweiss Financial Services Limited (EDELWEISS)	$24.71 Billion	9.91%	1.39x	$1.17 Billion
IL&FS Investment Managers Limited (IVC)	$709.30 Million	45.03%	0.93x	$27.17 Million
Piramal Enterprises Limited (PEL)	$112.52 Billion	0.99%	0.31x	$2.74 Billion

About Bajaj Finserv Limited

NSE:BAJAJFINSV India Financial Conglomerates

Market Cap

$30.19 Billion

Rs2.79 Trillion INR

Market Cap Rank

#876 Global

#23 in India

Share Price

Rs1747.20

Change (1 day)

-0.96%

52-Week Range

Rs1631.80 - Rs2176.60

All Time High

Rs2176.60