Bajaj Holdings & Investment (500490) Q1 26/27 earnings summary

Executive summary

• Consolidated profit after tax for Q1 FY27 was ₹2,706 crore, compared to ₹3,487 crore in Q1 FY26; standalone profit after tax was ₹344 crore, compared to ₹2,036 crore in Q1 FY26, excluding prior year’s exceptional gain from sale of Bajaj Finserv shares.

• Bajaj Auto (consolidated) profit after tax rose 46% year-over-year to ₹3,226 crore; Bajaj Finserv (consolidated) profit after tax increased 12% to ₹3,132 crore.

• The company operates as a holding entity, earning income mainly from dividends and interest on investments in group companies.

Financial highlights

• Q1 FY27 consolidated total income was ₹419 crore, up from ₹338 crore in Q1 FY26.

• Share of profits from associates in Q1 FY27 was ₹2,359 crore, up from ₹1,893 crore in Q1 FY26.

• Standalone total income for Q1 FY27 was ₹471 crore, compared to ₹411 crore in Q1 FY26.

• Standalone profit after tax for Q1 FY27 was ₹344 crore, compared to ₹2,036 crore in Q1 FY26 (prior year included ₹1,983 crore exceptional gain).

• Basic and diluted EPS (not annualised) for Q1 FY27 was ₹243.18, compared to ₹313.27 in Q1 FY26.

Outlook and guidance

• Income will continue to be predominantly from dividends and interest from investments; the company has applied to be re-categorised as an Unregistered Core Investment Company, with RBI review ongoing.