BAJAJHLDNG vs HDFC AMC: share price, P/E, ROE and financials compared
Bajaj Holdings & Investment
HDFC Asset Management Company
BAJAJHLDNG and HDFC AMC at a glance
BAJAJHLDNG and HDFC AMC are both listed in Financial Services. BAJAJHLDNG is the larger by market cap, at ₹1.2L Cr against ₹1.1L Cr for HDFC AMC. On valuation, BAJAJHLDNG has the lower price-to-book (1.67× against 13.19×). On returns and margins, HDFC AMC has the higher operating margin (81.4% against 78.8%). Over three years, HDFC AMC has faster 3-year sales growth (+23.9% against +19.0% a year).
Key metrics, side by side
| Metric | BAJAJHLDNGBAJAJHLDNG | HDFC AMCHDFCAMC |
|---|---|---|
| Price (₹) | 11,044.00 | 2,649.80 |
| Market cap (₹ Cr) | 1,22,913 | 1,13,701 |
| P/E | 13.2× | 38.3× |
| P/B | 1.67× (the lower figure, shaded) | 13.19× |
| Dividend yield, trailing | 1.77% | 2.04% (the higher figure, shaded) |
| ROE | 11.6% | 36.4% |
| ROCE | – | 38.5% |
| Operating margin (OPM) | 78.8% | 81.4% (the higher figure, shaded) |
| Net margin (NPM) | 948.6% | 60.8% |
| Sales CAGR 3Y | +19.0% | +23.9% (the higher figure, shaded) |
| Profit CAGR 3Y | +25.7% | +26.2% |
| Debt to equity | – | – |
| Interest cover | – | 279.5× |
| Net profit TTM (₹ Cr) | 9,291 | 2,978 |
| 1Y return | −10.3% | −2.3% (the higher figure, shaded) |
| Promoter holding | 51.46% | 52.29% |
BAJAJHLDNG vs HDFC AMC: common questions
Which is bigger, BAJAJHLDNG or HDFC AMC?
By market cap, BAJAJHLDNG is bigger at ₹1.2L Cr, against ₹1.1L Cr for HDFC AMC (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹9,291 Cr for BAJAJHLDNG and ₹2,978 Cr for HDFC AMC.
Which has a lower P/E ratio, BAJAJHLDNG or HDFC AMC?
BAJAJHLDNG trades at a P/E of 13.2× and HDFC AMC at 38.3×. BAJAJHLDNG’s P/E isn’t ranked because its profit includes a one-off gain. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, BAJAJHLDNG or HDFC AMC?
BAJAJHLDNG reports a return on equity of 11.6% and HDFC AMC 36.4%. BAJAJHLDNG’s ROE isn’t ranked because its profit includes a one-off gain. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, BAJAJHLDNG or HDFC AMC?
Over the last three years: Sales grew +19.0% a year at BAJAJHLDNG and +23.9% at HDFC AMC, so HDFC AMC grew sales faster; profit grew +25.7% a year at BAJAJHLDNG and +26.2% at HDFC AMC. Past growth doesn’t predict future growth.