Bajaj Holdings & Investments Limited (BHIL) has reported robust financial results for the second quarter of fiscal year 2026, showcasing significant growth in both standalone and consolidated profits. The company's performance was bolstered by strong contributions from its associate companies and gains from strategic investments.

Consolidated Performance

BHIL's consolidated profit after tax for Q2 FY26 rose to ₹1,559.00 crore, compared to ₹1,436.00 crore in the same quarter of the previous fiscal year, marking an 8.60% increase. This growth was primarily driven by the strong performance of its associate companies and investment gains.

Standalone Results

On a standalone basis, BHIL reported an impressive profit after tax of ₹2,181.00 crore for Q2 FY26, more than doubling from ₹1,051.00 crore in Q2 FY25. The company's total income surged to ₹2,514.00 crore, up from ₹1,143.00 crore in the corresponding quarter of the previous year.

Key Financial Highlights

• Dividend income stood at ₹2,205.00 crore, significantly higher than the ₹1,010.00 crore received in Q2 FY25.
• Net gain on fair value changes increased to ₹144.00 crore from ₹12.00 crore in the same quarter last year.
• Interest income grew to ₹147.00 crore from ₹102.00 crore year-over-year.

Associate Companies' Performance

The company's associate, Bajaj Auto Limited, reported a 53% increase in consolidated profit after tax, reaching ₹2,122.00 crore in Q2 FY26. Bajaj Auto's standalone operations achieved an impressive EBITDA margin of 20.50%.

Another associate, Bajaj Finserv Limited, saw its consolidated profit after tax rise by 8% to ₹2,244.00 crore. Adjusting for mark-to-market movements on equity investments in its insurance subsidiaries, the profit increase was 12%.

Strategic Moves and Dividend

During the first half of FY26, BHIL sold 1.04 crore equity shares of Bajaj Finserv Limited through a block deal, generating a net profit of ₹1,983.00 crore. This move was part of the company's strategy to partially fund its stake in two insurance companies.

The Board of Directors declared an interim dividend of ₹65.00 per equity share (650%), amounting to ₹723.00 crore, which was paid on October 14, 2025.

Investment Portfolio

As of September 30, 2025, BHIL's investment portfolio showed robust growth:

The Net Asset Value (NAV) of these investments stood at ₹21,244.00 per share, compared to a book value of ₹2,045.00 per share.

Future Outlook

BHIL is in the process of realigning its investment portfolio in accordance with RBI's Core Investment Company (CIC) guidelines. The company's Board has approved filing an application to re-categorize BHIL as an Unregistered Core Investment Company.

Additionally, BHIL plans to acquire up to 19.95% equity stake in Bajaj General Insurance Limited and Bajaj Life Insurance Limited, as part of a larger acquisition by Bajaj Finserv Limited from Allianz SE. This strategic move is expected to strengthen BHIL's position in the insurance sector.

With its strong financial performance and strategic investments, Bajaj Holdings & Investment Limited continues to demonstrate its robust business model and ability to generate value for its shareholders in the dynamic financial landscape.

Bajaj Holdings & Investments Ltd. recently completed a significant block trade on the National Stock Exchange (NSE), demonstrating notable market activity for the company. The transaction, valued at ₹62.42 crore, involved the exchange of approximately 52,461 shares.

Transaction Details

The block trade was executed at a price of ₹11,898.00 per share, highlighting the current market valuation of Bajaj Holdings & Investment Ltd. This substantial transaction underscores the ongoing interest in the company's shares and provides insight into recent market dynamics.

Market Implications

Block trades of this magnitude often attract attention from market participants and analysts. They can indicate shifts in institutional holdings or strategic moves by large investors. While the specific parties involved in this transaction have not been disclosed, the trade's size suggests it may have been conducted by institutional investors or large stakeholders.

Company Overview

Bajaj Holdings & Investment Ltd. is a prominent holding company in India, known for its investments in various sectors. The company's stock performance and large-scale transactions like this one are closely watched by investors as indicators of market sentiment and potential shifts in ownership structure.

This block trade represents a significant movement of shares and capital, reflecting the dynamic nature of the Indian stock market and the continued interest in Bajaj Holdings & Investment Ltd.'s equity.