Financials Bajaj Holdings & Investment Limited

Equities

BAJAJHLDNG

INE118A01012

Investment Holding Companies

Market Closed - Bombay S.E. 06:17:58 2024-04-26 EDT 5-day change 1st Jan Change
8,150 INR -0.62% Intraday chart for Bajaj Holdings & Investment Limited +4.08% +6.24%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 292,029 380,407 200,278 366,417 558,938 658,796
Enterprise Value (EV) 1 283,010 380,109 196,394 363,191 556,459 656,527
P/E ratio 9.17 x 12.5 x 6.69 x 10 x 13.8 x 13.6 x
Yield 1.52% 0.95% 2.22% 1.21% 2.29% 2.08%
Capitalization / Revenue 30.8 x 88.2 x 46 x 80 x 115 x 125 x
EV / Revenue 29.9 x 88.1 x 45.1 x 79.3 x 114 x 125 x
EV / EBITDA 31.6 x 106 x 70 x 112 x 161 x 182 x
EV / FCF 58.7 x 151 x 89.3 x 149 x 488 x 305 x
FCF Yield 1.7% 0.66% 1.12% 0.67% 0.2% 0.33%
Price to Book 1.37 x 1.41 x 0.72 x 0.99 x 1.3 x 1.49 x
Nbr of stocks (in thousands) 111,294 111,294 111,294 111,294 111,294 111,294
Reference price 2 2,624 3,418 1,800 3,292 5,022 5,919
Announcement Date 18-06-23 19-06-28 20-06-27 21-06-30 22-07-05 23-07-03
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 9,469 4,313 4,354 4,579 4,864 5,267
EBITDA 1 8,949 3,579 2,806 3,246 3,454 3,615
EBIT 1 8,895 3,539 2,753 3,190 3,397 3,557
Operating Margin 93.94% 82.04% 63.22% 69.67% 69.84% 67.52%
Earnings before Tax (EBT) 1 32,771 31,700 33,137 37,657 42,259 50,115
Net income 1 31,857 30,484 29,920 36,498 40,557 48,505
Net margin 336.45% 706.74% 687.14% 797.08% 833.76% 920.87%
EPS 2 286.2 273.9 268.8 327.9 364.4 435.8
Free Cash Flow 1 4,824 2,513 2,199 2,439 1,140 2,156
FCF margin 50.95% 58.26% 50.51% 53.28% 23.44% 40.93%
FCF Conversion (EBITDA) 53.91% 70.2% 78.38% 75.15% 33% 59.63%
FCF Conversion (Net income) 15.14% 8.24% 7.35% 6.68% 2.81% 4.44%
Dividend per Share 2 40.00 32.50 40.00 40.00 115.0 123.0
Announcement Date 18-06-23 19-06-28 20-06-27 21-06-30 22-07-05 23-07-03
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 9,019 297 3,884 3,226 2,480 2,269
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 4,824 2,513 2,199 2,439 1,140 2,156
ROE (net income / shareholders' equity) 16.2% 11.7% 10.4% 9.56% 8.62% 9.59%
ROA (Net income/ Total Assets) 2.82% 0.85% 0.58% 0.51% 0.43% 0.42%
Assets 1 1,127,714 3,603,286 5,198,957 7,163,553 9,462,622 11,651,501
Book Value Per Share 2 1,922 2,422 2,495 3,340 3,849 3,970
Cash Flow per Share 2 7.580 0.3100 8.570 2.020 1.970 2.320
Capex 1 15.9 0.4 37.1 11.3 13.3 20
Capex / Sales 0.17% 0.01% 0.85% 0.25% 0.27% 0.38%
Announcement Date 18-06-23 19-06-28 20-06-27 21-06-30 22-07-05 23-07-03
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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