3 Consumer Finance, Holding Company and Mortgage Stocks With a Strong Future Roadmap: Bajaj Finance, Bajaj Finserv and PNB Housing Finance
- October 13, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Bajaj Finance Rs 957.25, P/E 28.77. Bajaj Finserv Rs 1,719.90, P/E 13.26. PNB Housing Rs 1,200.00, P/E 12.95. Closing prices of 12 Oct 2026.
Quick Answer
Consumer finance, holding company and mortgage stocks with the clearest long-term roadmaps today include Bajaj Finance in consumer, small business and mortgage lending, Bajaj Finserv in stakes in lending and insurance businesses and PNB Housing in home loans and loan against property. FY26 revenue growth was 19.1% at Bajaj Finance, 13.2% at Bajaj Finserv and 10.6% at PNB Housing. P/E stands at 28.77 for Bajaj Finance (industry 17.72), 13.26 for Bajaj Finserv (industry 17.72) and 12.95 for PNB Housing (industry 17.72). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.
Consumer finance, holding company and mortgage stocks give investors exposure to loans and insurance that households and small firms use to buy, build and protect. Loan growth, funding costs and asset quality decide how much of that demand turns into profit.
This list covers three consumer finance, holding company and mortgage stocks: Bajaj Finance for consumer, small business and mortgage lending, Bajaj Finserv for stakes in lending and insurance businesses and PNB Housing Finance for home loans and loan against property. Every figure comes from the latest reported financials and the 12 October 2026 market close. Companies without complete current figures were left out.
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What Are Consumer Finance, Holding Company and Mortgage Stocks?
Consumer finance, holding company and mortgage stocks are shares of companies that lend to consumers and home buyers or hold stakes in financial firms. Results depend on loan growth, funding costs and asset quality, so asset quality and funding costs separate the stronger names.
Consumer Finance, Holding Company and Mortgage Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three consumer finance, holding company and mortgage stocks as of the 12 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Bajaj Finance | 957.25 | 593,956 | 28.77 | 17.72 | 16.68% | 3.82 |
| Bajaj Finserv | 1,719.90 | 273,600 | 13.26 | 17.72 | 12.58% | 5.52 |
| PNB Housing Finance | 1,200.00 | 29,992 | 12.95 | 17.72 | 11.92% | 3.70 |
Among financial services stocks, Bajaj Finance trades at a premium to the industry P/E, while Bajaj Finserv and PNB Housing trade at a discount.
Why Do Consumer Finance, Holding Company and Mortgage Stocks Have a Strong Roadmap in India?
Consumer finance, holding company and mortgage stocks have a strong roadmap in India because growing consumer credit, home ownership and insurance cover keep lifting demand for large lenders and financial groups. Three drivers stand out.
- Consumer credit: More households finance purchases through formal lenders.
- Home loans: Mortgage demand follows urban income growth.
- Insurance cover: Life and general cover reaches more families.
Bajaj Finance: Consumer and Business Lending Build the Next Leg
Bajaj Finance’s roadmap rests on consumer, small business and mortgage lending, along with a large customer base and a fast-growing digital platform, with cross-selling to existing customers supporting loan growth.
Revenue grew from Rs 31,640.41 crore in FY22 to Rs 81,989.50 crore in FY26, a 159.1% rise, and FY26 revenue was 19.1% higher than FY25. FY26 net profit rose 15.2% to Rs 19,332.36 crore. Over four years, net profit rose from Rs 7,028.23 crore in FY22 to Rs 19,332.36 crore. In Q1 FY27, revenue grew 18.6% to Rs 23,166.42 crore, and net profit rose 27.6% to Rs 6,080.60 crore.
Debt to equity is 3.82 and return on equity is 16.68%. Bajaj Finance paid a dividend of Rs 6 per share for FY26, a yield of 0.63%. At a P/E of 28.77 against an industry P/E of 17.72, the stock trades above its industry multiple.
What to watch: The P/E of 28.77 sits above the industry P/E of 17.72, so earnings delivery matters for the valuation.
Bajaj Finserv: Lending and Insurance Arms Anchor the Roadmap
Bajaj Finserv’s roadmap rests on a financial holding company with stakes in consumer and SME lending, life insurance and general insurance, with its lending and insurance arms supporting earnings.
Revenue grew from Rs 68,438.98 crore in FY22 to Rs 150,530.38 crore in FY26, a 119.9% rise, and FY26 revenue was 13.2% higher than FY25. FY26 net profit rose 12.0% to Rs 19,669.47 crore. Over four years, net profit rose from Rs 8,313.53 crore in FY22 to Rs 19,669.47 crore. In Q1 FY27, revenue grew 19.1% to Rs 42,036.90 crore, and net profit rose 18.2% to Rs 6,296.67 crore.
Debt to equity is 5.52 and return on equity is 12.58%. Bajaj Finserv paid a dividend of Rs 1.5 per share for FY26, a yield of 0.09%. At a P/E of 13.26 against an industry P/E of 17.72, the stock trades below its industry multiple.
What to watch: The P/E of 13.26 against an industry P/E of 17.72 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
PNB Housing Finance: Home Loan Growth Anchors the Roadmap
PNB Housing’s roadmap rests on home loans, loan against property and affordable housing loans through a pan-India branch network, with housing credit demand supporting loan growth.
Revenue grew from Rs 6,200.73 crore in FY22 to Rs 8,505.04 crore in FY26, a 37.2% rise, and FY26 revenue was 10.6% higher than FY25. FY26 net profit rose 18.3% to Rs 2,291.24 crore. Over four years, net profit rose from Rs 836.48 crore in FY22 to Rs 2,291.24 crore. In Q1 FY27, revenue grew 8.8% to Rs 2,265.36 crore, and net profit rose 4.5% to Rs 557.34 crore.
Debt to equity is 3.70 and return on equity is 11.92%. PNB Housing paid a dividend of Rs 8 per share for FY26, a yield of 0.69%. At a P/E of 12.95 against an industry P/E of 17.72, the stock trades below its industry multiple.
What to watch: The P/E of 12.95 against an industry P/E of 17.72 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
Best Consumer Finance, Holding Company and Mortgage Stocks in India: Bajaj Finance vs Bajaj Finserv vs PNB Housing on Key Financials
Among the best consumer finance, holding company and mortgage stocks in India, Bajaj Finance leads on FY26 revenue growth and Q1 FY27 net profit growth; Bajaj Finserv leads on Q1 FY27 revenue growth; PNB Housing leads on FY26 net profit growth and the lowest P/E. The table puts the numbers side by side.
| Metric | Bajaj Finance | Bajaj Finserv | PNB Housing |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 81,989.50 | 150,530.38 | 8,505.04 |
| FY26 revenue growth | 19.1% | 13.2% | 10.6% |
| FY26 net profit (Rs Cr) | 19,332.36 | 19,669.47 | 2,291.24 |
| FY26 net profit growth | 15.2% | 12.0% | 18.3% |
| Q1 FY27 revenue growth (YoY) | 18.6% | 19.1% | 8.8% |
| Q1 FY27 net profit growth (YoY) | 27.6% | 18.2% | 4.5% |
| Return on equity | 16.68% | 12.58% | 11.92% |
| P/E ratio | 28.77 | 13.26 | 12.95 |
| Debt to equity | 3.82 | 5.52 | 3.70 |
| Dividend yield | 0.63% | 0.09% | 0.69% |
Lender earnings follow loan growth, funding costs and asset quality, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Consumer Finance, Holding Company and Mortgage Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen consumer finance, holding company and mortgage stocks and shortlist consumer finance, holding company and mortgage stocks to buy.
- Compare each stock’s P/E with its industry P/E, which is 17.72 for all three here.
- Check loan growth, asset quality and capital adequacy together.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read loan growth against funding costs to see how growth is financed.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Risks to Consider Before Investing in Consumer Finance, Holding Company and Mortgage Stocks
- Valuation: Bajaj Finance trades at 28.77 times earnings against an industry multiple of 17.72.
- Asset quality: A rise in overdue loans can reduce profit.
- Funding costs: Changes in borrowing costs can move spreads.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
Download the Univest iOS App or Univest Android App to track Bajaj Finance, Bajaj Finserv and PNB Housing live.
Final Take: Which Stock Has the Strongest Roadmap?
These three financial services stocks cover consumer finance, a financial holding company and mortgage lending. Bajaj Finance leads on FY26 revenue growth and Q1 FY27 net profit growth; Bajaj Finserv leads on Q1 FY27 revenue growth; PNB Housing leads on FY26 net profit growth and the lowest P/E.
Across consumer finance, holding company and mortgage stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the consumer finance, holding company and mortgage stocks to buy discussed here.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Consumer Finance, Holding Company and Mortgage Stocks
Which are the best consumer finance, holding company and mortgage stocks in India with a strong roadmap?
Ans. Bajaj Finance, Bajaj Finserv and PNB Housing Finance stand out for their roadmaps in consumer finance, a financial holding company and mortgage lending. FY26 revenue growth was 19.1% at Bajaj Finance, 13.2% at Bajaj Finserv and 10.6% at PNB Housing, and return on equity ranges from 11.92% to 16.68%.
Is Bajaj Finance a good stock to buy now?
Ans. Bajaj Finance has a debt to equity ratio of 3.82, a return on equity of 16.68% and a P/E of 28.77 against an industry P/E of 17.72. Valuation, asset quality and funding costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of Bajaj Finance, Bajaj Finserv and PNB Housing?
Ans. The P/E ratio is 28.77 for Bajaj Finance (industry 17.72), 13.26 for Bajaj Finserv (industry 17.72) and 12.95 for PNB Housing (industry 17.72). Only Bajaj Finance trades at or above the industry multiple.
Which of these consumer finance, holding company and mortgage stocks has the highest return on equity?
Ans. Bajaj Finance has the highest return on equity at 16.68%, followed by Bajaj Finserv at 12.58% and PNB Housing Finance at 11.92%.
What are the risks of investing in consumer finance, holding company and mortgage stocks?
Ans. The main risks are valuation, asset quality, funding costs and quarterly trends. Bajaj Finance trades at 28.77 times earnings against an industry multiple of 17.72.
How did Bajaj Finance, Bajaj Finserv and PNB Housing perform in Q1 FY27?
Ans. Bajaj Finance reported revenue of Rs 23,166.42 crore, up 18.6% year on year, and net profit rose 27.6% to Rs 6,080.60 crore. Bajaj Finserv reported revenue of Rs 42,036.90 crore, up 19.1% year on year, and net profit rose 18.2% to Rs 6,296.67 crore. PNB Housing Finance reported revenue of Rs 2,265.36 crore, up 8.8% year on year, and net profit rose 4.5% to Rs 557.34 crore.
Do consumer finance, holding company and mortgage stocks pay dividends?
Ans. Yes, all three companies pay dividends. The dividend yield is 0.63% for Bajaj Finance, 0.09% for Bajaj Finserv and 0.69% for PNB Housing, based on dividends declared for FY26.
How can I invest in consumer finance, holding company and mortgage stocks in India?
Ans. You can buy consumer finance, holding company and mortgage stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.