BAJAJFINSV · NSE
Bajaj Finserv
Phase 1 · Startup
Pre-profit — revenue is still small and the company has not yet turned cash-flow positive.
Phase 1
Startup
Phase 2
Hyper Growth
Phase 3
Operating Leverage
Phase 4
Capital Return
Phase 5
Decline
Revenue growth (YoY)
13.2%
Mar 2026 vs Mar 2025
Net profit growth (YoY)
12.0%
Operating cash flow
-₹55301 Cr
Mar 2026
Returning capital?
Yes
Last dividend ex-date 2026-06-29
Revenue, profit & operating cash flow
₹ crore, by fiscal year
RevenueNet profitOperating cash flowRevenue ends at ₹150530 Cr. Net profit ends at ₹19669 Cr. Operating cash flow ends at -₹55301 Cr.
Judge management on
Whether losses are narrowing and cash runway is adequate.
Key metric to watch
Cash runway and the rate revenue is scaling.
Typically valued on
Revenue multiples — earnings multiples are not meaningful yet.
| Fiscal year | Revenue | Net profit | Operating cash flow |
|---|---|---|---|
| Mar 2021 | ₹60592 Cr | ₹7367 Cr | ₹4547 Cr |
| Mar 2022 | ₹68406 Cr | ₹8314 Cr | -₹33670 Cr |
| Mar 2023 | ₹82072 Cr | ₹12210 Cr | -₹39480 Cr |
| Mar 2024 | ₹110382 Cr | ₹15595 Cr | -₹65502 Cr |
| Mar 2025 | ₹132944 Cr | ₹17558 Cr | -₹61750 Cr |
| Mar 2026 | ₹150530 Cr | ₹19669 Cr | -₹55301 Cr |
Advertisement