Bajaj FinservBOM:532978 +1.31%81 Net Margin % is 7.58% as of Mar. 2026, which is 7% below its 10-year median of 8.11. GuruFocus rates BOM:532978 with a GF Score™ of 81/100 and a GF Value™ of ₹2,398.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 113 Diversified Financial Services companies, Bajaj Finserv ranks worse than 53.1% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Bajaj Finserv's Net Income for the
three
months ended in Mar. 2026 was ₹25,387 Mil. Bajaj Finserv's Revenue for the
three
months ended in Mar. 2026 was ₹334,826 Mil. Therefore, Bajaj Finserv's net margin for the quarter that ended in Mar. 2026 was 7.58%.
The historical rank and industry rank for Bajaj Finserv's Net Margin % or its related term are showing as below:
BOM:532978'
s Net Margin % Range Over the Past 10 Years
Min: 6.81 Med: 8.11 Max: 9.32
Current: 7.66
BOM:532978's Net Margin % is ranked worse than 53.1% of 113
companies
in the Diversified Financial Services industry
Industry Median: 8.2
vs BOM:532978: 7.66
Bajaj Finserv (BOM:532978) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Bajaj Finserv Net Margin % Related Terms
Bajaj Finserv Net Margin % Historical Data
* Premium members only.
The historical data trend for Bajaj Finserv's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Financial Conglomerates subindustry, Bajaj Finserv's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bajaj Finserv Net Margin % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Bajaj Finserv's Net Margin % distribution charts can be found below:
* The bar in red indicates where Bajaj Finserv's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bajaj Finserv (BOM:532978) has a Net Margin % of 7.58% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Bajaj Finserv and its competitors. This is near median its historical median of 8.11. Over the past decade, Bajaj Finserv's Net Margin % has ranged from 6.81 to 9.32. According to the industry distribution chart, Bajaj Finserv ranks #60 out of 113 companies in the Diversified Financial Services industry, placing it in the top 53.1%.
Is Bajaj Finserv's Net Margin % too high?
Bajaj Finserv's current Net Margin % of 7.58% is near median its 10-year median of 8.11. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 9.32. The Diversified Financial Services industry median Net Margin % is 8.20. Bajaj Finserv's value of 7.58% is 7.6% below this industry median. Based on the distribution chart, Bajaj Finserv ranks #60 out of 113 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Bajaj Finserv has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Finserv's Net Margin % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Bajaj Finserv ranks #60 out of 113 companies for Net Margin %. This places Bajaj Finserv in the lower half of its industry. The industry median Net Margin % is 8.20. Bajaj Finserv's value of 7.58% is 7.6% below this benchmark. Historically, Bajaj Finserv's own Net Margin % has ranged from 6.81 to 9.32 over the past decade. While the company's 10-year median is 8.11 vs. the industry median of 8.20, Bajaj Finserv has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Diversified Financial Services company?
The median Net Margin % among Diversified Financial Services companies is 8.20, based on 113 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajaj Finserv's current Net Margin % of 7.58% is 7.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Bajaj Finserv and its competitors. For the Diversified Financial Services industry, the median Net Margin % is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Finserv's current Net Margin % is 7.58%, which is near median its own 10-year median of 8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Finserv stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Finserv (BOM:532978) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,398.59, compared to a current price of ₹1,783.00 — trading 25.7% below its estimated fair value. The current Net Margin % is 7.58%, which is near median its 10-year median of 8.11 and 7.6% below the Diversified Financial Services industry median of 8.20. Bajaj Finserv's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Bajaj Finserv (BOM:532978), the current Net Margin % is 7.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bajaj Finserv (BOM:532978) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Finserv stock appears to be undervalued.
The current stock price of ₹1,783.00 is trading 25.7% below its estimated GF Value™ of ₹2,398.59.
GuruFocus considers Bajaj Finserv to be Modestly Undervalued.
Key valuation signals for BOM:532978:
Net Margin %: 7.58% (near median its 10-year median of 8.11)
GF Value™: ₹2,398.59 vs. price of ₹1,783.00 (25.7% below fair value)
Industry Position: 7.6% below the Diversified Financial Services median (#60 of 113)
No single metric tells the full story. See the BOM:532978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture, to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its business segments include: Life Insurance, General Insurance, Windpower, Retail Finance, and Investment and Others. It derives maximum revenue from the Retail Finance segment. Geographically, the company derives all of its revenue from its operations in India.
81GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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