Bajaj Finance Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹7,22,949 Cr
- Book Value
- ₹183
- Stock P/E
- 35.3
- Dividend Yield
- 0.47%
- ROE
- 18.2%
- ROCE
- —
- PEG Ratio
- 1.90
- EV/EBITDA
- —
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
Technical snapshot
EOD ·Bajaj Finance Ltd closed at ₹1,080.20 on 19 August 2026, down 1.3% on the day, 4.3% above its 50-day average, 8.2% below its 52-week high, with volume at 0.32× its 20-session average.
- RSI 14
- 51.4
- vs 50-day SMA
- +4.3%
- vs 200-day SMA
- +10.9%
- From 52-week high
- -8.2%
- Relative volume
- 0.32×
- 20-day return
- +1.9%
End-of-day prices from exchange-published files (NSE/BSE bhavcopy), updated after market close. Descriptive statistics, not investment advice.
Bajaj Finance share price today
Bajaj Finance (NSE: BAJFINANCE) is the lender every Indian NBFC wants to be when it grows up: a 34% five-year profit CAGR, gross NPAs around 1%, and a return on assets near 4% — roughly double what a good bank earns. It finances phones, fridges, weddings and working capital for tens of millions of customers, and it prices that risk better than anyone in the country.
The catch has never been the business. It is the bill: at 6.3× book value and 35× earnings, you are paying for excellence in advance. This article works through what that price assumes, and what the stock can return from here under honest scenarios.
The machine behind the multiple
The franchise runs on three loops. Distribution: presence at the point of sale — the electronics counter, the e-commerce checkout — where credit decisions happen in seconds. Data: each of those small loans teaches the underwriting engine, which is why GNPA stays near 1% through cycles that wreck lesser lenders. Cross-sell: a customer acquired on a ₹30,000 phone EMI is later sold insurance, a personal loan, a credit card. Sales have compounded at 25% a year for five years; profit faster, at 34%, as operating leverage kicks in.
The strategic questions from here: how smoothly the leadership transition beds down, how hard the housing-finance subsidiary can scale, and whether a 9.5% NIM survives rate cycles and competition from banks chasing the same retail borrower.
The numbers
Financial snapshot — 5 August 2026
| Metric | Value |
|---|---|
| Market cap | ₹7,22,949 Cr |
| P/E (TTM) | 35.3 |
| Price / Book | 6.3 |
| ROE / ROA | 18.2% / 4.0% |
| Gross NPA | 1.01% |
| NIM | 9.5% |
| Sales CAGR (5y) | 25% |
| Profit CAGR (5y) | 34% |
| Promoter holding | 54.7% (zero pledged) |
| EPS (TTM) | ₹32.6 |
Bajaj Finance share price target 2026 to 2030
EPS base ₹32.6 (TTM). Growth cannot stay at 34% on a book this size — the scenarios haircut it honestly. Bear: credit cycle turns, growth slows to 15%, the multiple de-rates to 22×. Base: 22% profit growth, multiple settles at 30× — still a premium, still earned. Bull: 27% growth with the multiple holding 35× as the transition proves seamless.
At ₹1,149, the base path is roughly a 2.3× in four and a half years (~20% a year) — but note the bear case still makes money, which is rare for a stock at 6× book and tells you how much compounding does the lifting. The entry price decides which curve you ride: our approach is to buy the drawdowns, never the euphoria.
Reasons to own Bajaj Finance (at the right price)
- 34% profit CAGR with ~1% GNPA — growth and underwriting discipline, a combination almost nobody sustains.
- ROA near 4% — double a good bank’s; the spread business is genuinely better here.
- Cross-sell flywheel: each customer acquired gets monetised twice more.
- 54.7% promoter holding, zero pledged — clean alignment.
- The long runway: consumer credit penetration in India remains a fraction of developed markets.
The risks: a price that assumes excellence (any stumble de-rates the multiple fast), leadership transition execution, and the arithmetic of size — every year, the base gets bigger and 30%+ growth gets harder.
What to weigh at the current price
Bajaj Finance’s valuation is attractive only where the base case offers a worthwhile return and the bear case remains tolerable through a credit cycle.
FAQ
What is the Bajaj Finance share price target for 2030? The table above sets out bear, base and bull scenarios for each year through 2030. These are valuation sensitivities, not promised prices.
Is Bajaj Finance overvalued at 6× book? It is expensive by any static measure. The question is dynamic: at a 34% historical profit CAGR and ~1% GNPA, the premium has historically been earned. Pay it on drawdowns, not highs.
What is Bajaj Finance’s biggest risk? A consumer credit cycle. Its underwriting has beaten every cycle so far — but the multiple assumes that continues.
When are Bajaj Finance’s next results? Check the results calendar and confirm the announced date in the relevant exchange filing.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.