Bajaj Holdings & Investment Ltd

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NSEBSE

9149.60444.30 (5.10%)

03:53 PM,29th Feb 2024

9310.00611.70 (7.03%)

04:01 PM,29th Feb 2024

BSE : 500490

NSE : BAJAJHLDNG

Sector : Financials

ISIN Code : INE118A01012

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Last Updated: Feb 29 2024 | 04:01 PM IST

Market Cap (₹ Cr)

101825

Turnover (₹ Cr)

7.39

Volume (Shares)

80740

Face Value

10

52-WK High

9348.95

52-WK High Date

29 Feb 2024

52-WK Low

5770.00

52-WK Low Date

03 Apr 2023

All Time High

9348.95

All Time High Date

29 Feb 2024

All Time Low

209.00

All Time Low Date

03 Feb 2009

Bajaj Holdings & Investment Ltd

Bajaj Holdings & Investment Ltd (BHIL) (formerly known as Bajaj Auto Ltd) is an India-based company. The company is acting as a primary investment company and focusing on new business opportunities. BHIL is a part of BSE 100 and Nifty 100 Index of Top 100 companies listed in India. BFS and BFL are included in the benchmark BSE Sensex and Nifty 50 Index of Large Cap Stocks while BAL is included in Nifty 50 Index. MSL is listed too. As on 31 March 2023 BHIL and its subsidiaries held strategic stakes of 36.64% in Bajaj Auto Ltd. (BAL) 41.63% in Bajaj Finserv Ltd. (BFS) 51% in Maharashtra Scooters Ltd. (MSL) and Other Group Companies such as Bajaj Electricals Ltd. Mukand Ltd. and Hercules Hoists Ltd. BHIL is essentially an investment company. Its focus is on earning income through dividends interest and profits on investments held. It is largely dependent on the equity and debt markets for its income. As on 31 March 2023 the Company held investments in equity and debt securities and investment in properties to the tune of Rs 10830 crore at Market Value.Bajaj Holdings & Investment Ltd was incorporated in the year 1945 as Bachraj Trading Corporation Pvt Ltd. In the year 1948 the company commenced their sales in India by importing two and three wheelers. In the year 1959 Bajaj Auto obtained license for the manufacturing of two and three wheelers and in the year 1960 they became a public limited company.In the year 1972 Bajaj introduced 'Chetak' the famous scooter brand for which Bajaj is known. In the year 1975 the company formed a joint venture namely Maharashtra Scooters Ltd and in the year 1985 the manufacturing unit at Waluj Aurangabad was inaugurated. In the year 1986 the company introduced Bajaj M-80 and the Kawasaki Bajaj KB 100 which is a technical tie-up with Kawasaki Heavy Industries of Japan. They also introduced Bajaj Sunny and Kawasaki Bajaj 4S Champion in the year 1990 and 1991 respectively.In the year 1995 the company signed an agreement with Kubota of Japan for the development of diesel engines for three-wheelers and with Tokyo R&D for the ungeared Scooters and moped development. In the year 1997 the company introduced Kawasaki Bajaj Boxer and the RE diesel Autorickshaw.During the year 1999-2000 the company launched a new Boxer the Saffire M80 Major and a range of four-stroke three wheelers using petrol and CNG. In October 20 1999 the third manufacturing plant of the company at Chakan in Pune was inaugurated. With the opening of the insurance sector the company entered into joint venture agreements with Allianz AG Germany for setting up two separate companies namely Bajaj Allianz General Insurance Co Ltd and Allianz Bajaj Life Insurance Co Ltd. Bajaj Auto and Allianz signed two separate joint venture agreements for these two businesses and had respectively committed 74% and 26% of the initial share capital of Rs 110 crore in case of the general insurance venture and Rs 150 crore in case of the life insurance venture. During the year 2000-01 the company completed the installation of 112 windmills of 0.35 MW each with a total capacity of 39.2 MW at Vankusavade in Satara District. In January 2001 thee company launched a new product namely 'The Eliminator' and in November 2001 they launched their premium bike segment 'Pulsar'.During the year 2001-02 the company designed a 125 cc motorcycle with Kawasaki Heavy Industries Ltd and upgraded the Boxer and developed a variant of their popular Caliber motorcycle called Caliber Croma. They also developed a 112 cc four-stroke scooter engine and that had been adopted on Chetak four-stroke scooter. By December 2001 20 windmills of 1 MW capacity were completed at Supa in Ahmednagar and also commissioned 6 windmills of 1 MW capacity each at Vankusavade Satara district on March 30 2002.During the year 2002-03 the company expanded their capacity in Waluj and Chakan to support the increasing demand for motorcycles. They launched Caliber 115 motorcycle which was popularly called 'Hoodibabaa' and sub 100 cc motorcycle the 'BYK' for the entry level market. In March 2003 they launched a diesel rear engine goods carrier GC 1000.During the year 2003-04 the company unveiled a new corporate identity for themselves. The white and blue hexagonal symbol with Bajaj Auto in small lettering has now been replaced by a refreshing new 'flying B' symbol with the Bajaj logo-type in capital letters. They launched a newly developed 125 cc motorcycle branded as 'Wind 125' in collaboration with Kawasaki Heavy Industries Ltd Japan. They developed Chetak 4S with a new 125 cc engine and having a unique gear shifting mechanism. Also they developed a new gearless scooter 'Wave' with a continuously variable transmission (CVT) drive.In May 2004 the company launched their CT 100 a bike that is technologically designed to give the benefits of the value segment but at an entry level price. In September 2004 they launched the 125 cc 'Discover' and in November 2004 they launched upgraded versions of both Pulsar 150 and 180 with additional features such as ExhausTEC alloywheels and Nitrox Gas Shock Absorber. In the three-wheeler segment the company launched a larger diesel passenger vehicle 'Mega'. They also launched a variant of the Pick-up version with Hi-Deck tray.During the year 2005-06 the company launched Pulsar 180 DTS-i and the Avenger DTS-i during the year. In December 2005 they launched a variant of Discover with an 110cc engine. The company opened a new Pro-biking showroom in Pune exclusively for the high-end bikes - Pulsar 180 DTS-i and Avenger DTS-i during the year.During the year 2006-07 the company incorporated PT Bajaj Auto Indonesia as a subsidiary company in Indonesia with an issued and subscribed capital of US$ 12500000. In April 30 2007 the company incorporated two wholly owned subsidiaries namely Bajaj Holdings & Investment Ltd and Bajaj Finserv Ltd with an initial authorized and paid up capital of Rs 20 million each.In April 2007 the company inaugurated their greenfield plant with a planned capacity of one million motorcycles per year at Pantnagar Uttarakhand. The Pantnagar facility is the company's fourth plant and the first outside Maharashtra. Also the company received the formal approval from the Department of Commerce Ministry of Commerce and Industry Government of India for the setting up of a Special Economic Zone at Waluj Industrial Area in Aurangabad district.Until March 31 2007 the company was engaged in the business of manufacturing and trading in two and three wheelers financial services businesses comprising insurance retail finance and financial product distribution wind farm business and investments activity. Considering the growth opportunities in the auto wind-energy insurance and finance sectors the company de-merged their activities into three separate entities each of which can focus on their core businesses and strengthen competencies.The auto business of the holding company along with all assets and liabilities pertaining thereto including investments in PT Bajaj Auto Indonesia and in a few vendor companies was transferred to Bajaj Investment & Holding Ltd. In addition a total of Rs 15000 million in cash and cash equivalents also transferred to Bajaj Investment & Holding Ltd.The wind power project investments in the insurance companies namely Bajaj Allianz Life insurance Co Ltd Bajaj Allianz General Insurance Co Ltd and the investment in the consumer finance company Bajaj Auto Finance Ltd along with relevant assets and liabilities was transferred to Bajaj Finserv Ltd. In addition a total of Rs 8000 million in cash and cash equivalents also transferred to Bajaj Finserv Ltd. The remaining assets and liabilities including investments in group companies and balance cash and cash equivalents were retained in the existing company. As the part of the scheme the existing Bajaj Auto Ltd was renamed as Bajaj Holdings and Investment Ltd. The appointed date of this de-merger was closing hours of business on March 31 2007. A fresh certificate of incorporation in the new name of the company has been issued by the Registrar of companies Maharashtra on March 5 2008.During the year 2019-20 Western Maharashtra Development Corporation Ltd. (WMDC) transferred its 27% stake in Maharashtra Scooters Ltd. (MSL) to the Company and consequently MSL was made a subsidiary of the Company with effect from 17 June 2019.

Bajaj Holdings & Investment Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

101825

EPS - TTM (₹) [S]

156.10

P/E Ratio (X) [S]

6.07

Face Value (₹) 10
Latest Dividend (%)1100.00
Latest Dividend Date 28 Sep 2023
Dividend Yield (%) 1.35
Book Value Share (₹) [S]1507.73
P/B Ratio (₹) [S]6.07
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Groww Nifty Total Market Index Fund-Regular (G) 0.23 262 0.23
Groww Nifty Total Market Index Fund-Direct (G) 0.23 262 0.23

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

8601.00

9348.95

Week Low/High

8559.05

9348.95

Month Low/High

8177.55

9348.95

Year Low/High

5770.00

9349.00

All time Low/High

30.42

9349.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week5.47%5.36%-0.90-1.06%
1 Month10.95%10.95%0.781.13%
3 Month25.02%25.18%8.379.39%
6 Month24.02%24.15%11.4113.65%
1 Year46.17%46.30%22.9627.04%
3 Year151.97%152.04%47.6651.30%

Company Info

Company Information

Director : Madhur Bajaj

Independent Director : D J Balaji Rao

Director : Rajiv Bajaj

Director : Manish Kejriwal

Managing Director & CEO : Sanjiv Bajaj

Independent Director : Naushad Forbes

Company Sec. & Compli. Officer : Sriram Subbramaniam

Independent Director : Anami Roy

Vice Chairman : Niraj Bajaj

Independent Director : Pradip Panalal Shah

Chairman (Non-Executive) : Shekhar Bajaj

Independent Director : Arindam Bhattacharya

Independent Director : Vidya Rajiv Yeravdekar

Registered Office: Mumbai-Pune Road, Akurdi,Pune,Maharashtra-411035 Ph: 91-20-27472851/7150/66107150

Email:investors@bhil.in

URL:http://www.bhil.in