Bajaj Finserv Ltd. (BOM:532978)

Bajaj Finserv Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	98,010	88,723	81,478	64,173	45,568
Depreciation & Amortization	8,770	8,143	6,429	4,802	4,092
Other Amortization	4,143	3,560	2,573	1,976	1,536
Gain (Loss) on Sale of Assets	164.9	294	116.1	126.9	-75.3
Gain (Loss) on Sale of Investments	13,740	-24,027	-30,423	-3,095	-14,277
Stock-Based Compensation	6,318	5,456	3,925	3,427	2,558
Change in Accounts Receivable	-12,985	-23,783	-25,979	-5,112	-4,246
Reinsurance Recoverable	-20,312	-30,350	-35,454	-13,877	-7,871
Change in Accounts Payable	11,741	1,167	2,635	7,073	7,803
Change in Insurance Reserves / Liabilities	145,487	152,151	151,126	67,408	77,261
Change in Other Net Operating Assets	-1,010,764	-879,121	-889,690	-549,950	-500,115
Other Operating Activities	140,675	94,715	58,569	28,252	51,064
Operating Cash Flow	-553,014	-617,504	-655,020	-394,795	-336,700
Operating Cash Flow Growth	-	-	-	-	-

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-10,143	-13,232	-9,613	-7,793	-6,512
Sale of Property, Plant & Equipment	1,306	1,483	1,262	974.2	1,599
Purchase / Sale of Intangible Assets	-4,339	-5,404	-4,742	-4,412	-2,586
Cash Acquisitions	-9,519	-2,348	-	-	-
Investment in Securities	-175,761	-124,411	-185,979	-188,996	-31,372
Other Investing Activities	75,827	65,601	58,148	61,345	53,692
Investing Cash Flow	-126,349	-79,865	-141,317	-139,452	14,454

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	118,840	87,868	220,235	79,237	47,024
Long-Term Debt Issued	1,133,367	849,671	726,663	668,347	411,665
Total Debt Issued	1,252,207	937,540	946,898	747,583	458,689
Total Debt Repaid	-525,656	-395,236	-346,923	-367,790	-180,998
Net Debt Issued (Repaid)	726,551	542,303	599,975	379,793	277,691
Issuance of Common Stock	6,982	5,151	91,691	2,268	1,729
Repurchases of Common Stock	-25,109	-	-	-	-
Common Dividends Paid	-18,477	-15,417	-11,834	-7,448	-4,003
Other Financing Activities	-23,843	166,248	147,254	135,548	47,841
Financing Cash Flow	666,103	698,285	827,086	510,161	323,258

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Cash Flow	-13,260	915.2	30,749	-24,087	1,012

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	-563,157	-630,736	-664,633	-402,589	-343,212
Free Cash Flow Growth	-	-	-	-	-
Free Cash Flow Margin	-37.54%	-47.66%	-60.91%	-49.80%	-51.12%
Free Cash Flow Per Share	-350.32	-391.36	-413.25	-250.95	-215.60
Levered Free Cash Flow	269,262	117,061	188,538	108,124	342,558
Unlevered Free Cash Flow	445,711	268,997	303,534	184,383	401,922

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	259,468	224,203	172,387	131,125	89,612
Cash Income Tax Paid	73,921	66,416	59,750	46,266	31,755
Change in Working Capital	-824,708	-794,228	-777,633	-494,458	-427,168

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 2, 2026

Data Sources Report a data error