Bajaj Finance vs Shriram Finance: share price, P/E, ROE and financials compared
Bajaj Finance
Shriram Finance
Bajaj Finance and Shriram Finance at a glance
Bajaj Finance and Shriram Finance are both listed in Financial Services. Bajaj Finance is the larger by market cap, at ₹6.8L Cr against ₹2.3L Cr for Shriram Finance (3.0 times as large). On valuation, Shriram Finance has the lower P/E (16.0× against 31.3×) and the lower price-to-book (2.03× against 5.49×). On returns and margins, Bajaj Finance has the higher ROE (19.0% against 14.8%). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | Bajaj FinanceBAJFINANCE | Shriram FinanceSHRIRAMFIN |
|---|---|---|
| Price (₹) | 1,087.75 | 961.15 |
| Market cap (₹ Cr) | 6,77,005 | 2,26,167 |
| P/E | 31.3× | 16.0× (the lower figure, shaded) |
| P/B | 5.49× | 2.03× (the lower figure, shaded) |
| Dividend yield, trailing | 0.55% | 1.80% (the higher figure, shaded) |
| ROE | 19.0% (the higher figure, shaded) | 14.8% |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 43.8% | 51.9% (the higher figure, shaded) |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +18.2% | +18.6% |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 21,694 | 12,687 |
| 1Y return | +1.2% | +21.0% (the higher figure, shaded) |
| Promoter holding | 54.67% | 20.30% |
Bajaj Finance vs Shriram Finance: common questions
Which is bigger, Bajaj Finance or Shriram Finance?
By market cap, Bajaj Finance is bigger at ₹6.8L Cr, against ₹2.3L Cr for Shriram Finance (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹21,694 Cr for Bajaj Finance and ₹12,687 Cr for Shriram Finance.
Which has a lower P/E ratio, Bajaj Finance or Shriram Finance?
Bajaj Finance trades at a P/E of 31.3× and Shriram Finance at 16.0×. Shriram Finance has the lower P/E. 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, Bajaj Finance or Shriram Finance?
Bajaj Finance reports a return on equity of 19.0% and Shriram Finance 14.8%. Bajaj Finance has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Bajaj Finance or Shriram Finance?
Over the last three years: profit grew +18.2% a year at Bajaj Finance and +18.6% at Shriram Finance. Past growth doesn’t predict future growth.