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 has made two significant announcements following a board meeting held on September 16, 2025. The company has declared an interim dividend and appointed a new Company Secretary and Compliance Officer.

Interim Dividend Announcement

The Board of Directors of Bajaj Holdings & Investments has declared an interim dividend of Rs 65.00 per equity share for the financial year ending March 31, 2026. This represents a 650% dividend on the face value of Rs 10.00 per share.

Key details of the dividend announcement:

Shareholders whose names appear on the company's register of members on the record date of September 22, 2025, will be eligible to receive the interim dividend. The company has stated that the dividend will be credited or dispatched to eligible shareholders on or before October 14, 2025.

Appointment of New Company Secretary

In addition to the dividend announcement, Bajaj Holdings & Investments has appointed Shri Saurabh Erande as the new Company Secretary and Compliance Officer. This appointment comes as a result of a recommendation by the Nomination and Remuneration Committee and subsequent approval by the Board of Directors.

Key details of the appointment:

• Name: Shri Saurabh Erande
• ACS Number: 25908
• Effective Date: October 1, 2025

Shri Saurabh Erande brings with him over 16 years of experience in corporate affairs. His expertise includes:

• Corporate Governance
• Regulatory Compliance management
• Compliance audits and process improvement
• Strengthening compliance structures
• Pre-due diligence and post-M&A integration

The appointment of Shri Erande is expected to further strengthen Bajaj Holdings & Investments' corporate governance and compliance framework.

These announcements reflect Bajaj Holdings & Investments' commitment to shareholder value and robust corporate governance practices. The substantial interim dividend demonstrates the company's strong financial position and its policy of rewarding shareholders, while the appointment of an experienced Company Secretary underscores its focus on maintaining high standards of regulatory compliance.