Bajaj Finserv Ltd Overview
Pro stress-test →Bajaj Finserv Ltd, through its subsidiaries, provides financial services in India and operates through Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others segments. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.
Strategic Profile
Pro stress-test →Bajaj Finserv Ltd is the holding company for the various financial services businesses under the Bajaj group. In 2024, Bajaj Finserv's revenue was 1.32 trillion, an increase of 20.62% compared to the previous year, with earnings of 88.72 billion, an increase of 8.89%. Jefferies has initiated coverage on Bajaj Finserv with a buy rating and a target price of ₹2,420, citing strong structural growth prospects across the group's financial businesses.
Competitive Landscape
Pro stress-test →Bajaj Finserv is one of India's leading and most diversified financial services companies that has leveraged technology to launch 26 product lines and 51 product variants for retail, MSME, and commercial consumers. Primary competitors include HDFC Bank, ICICI Bank, and other large Indian financial conglomerates offering similar diversified services across lending, insurance, and wealth management.
Industry Context
Bajaj Finserv Ltd operates in Diversified Financial Services / Banking & Insurance.
Key facts
Founded: 2007 · Headquarters: Pune, India · Revenue: $15.9B · Market cap: $39.0B