Bajaj Finance vs Bajaj Finserv vs Cholamandalam: Side-by-Side Comparison of India’s Top NBFC Stocks
- September 22, 2026
- Posted by: Harsh Piplani
- Category: Uncategorized
Bajaj Finance, Bajaj Finserv and Cholamandalam Investment compared on market cap, valuation, ROE, 52-week range and dividend yield. Data as of September 2026.
Quick Answer
Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment is a side-by-side comparison of three of India’s leading NBFC and diversified financial companies. Bajaj Finance carries by far the largest market cap of the three, Cholamandalam Investment posts the highest ROE, and Bajaj Finserv trades at the highest PE as a diversified financial holding company. Each company’s numbers are presented here without a declared “better” pick, since the right stock depends on an investor’s own criteria.
Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment starts with the core numbers most investors compare across leading NBFC and diversified financial companies: market capitalisation, valuation, profitability, and the 52-week trading range. Figures below are as of September 2026 and will shift with daily price moves.
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Also read – HDFC Bank vs ICICI Bank vs Axis Bank: Side-by-Side Comparison of Three Leading Private Banks
Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment: Key Metrics at a Glance
| Metric | Bajaj Finance | Bajaj Finserv | Cholamandalam Investment |
|---|---|---|---|
| Market Cap (approx.) | Rs 7,21,650 crore | Rs 3,33,923 crore | Rs 1,61,724 crore |
| PE Ratio (TTM) | 35.54 | 32.92 | 28.12 |
| PB Ratio | 6.33 | 4.29 | 5.31 |
| ROE (%) | 16.68% | 12.57% | 17.18% |
| 52-Week High | Rs 1,176.40 | Rs 2,195.00 | Rs 1,913.00 |
| 52-Week Low | Rs 787.90 | Rs 1,597.00 | Rs 1,299.40 |
| Dividend Yield | 0.52% | 0.07% | 0.10% |
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Valuation Comparison: PE and PB Ratios
On valuation, Cholamandalam Investment trades at the lowest PE ratio of the three at 28.12, Bajaj Finserv follows at 32.92, while Bajaj Finance commands the highest PE at 35.54. On price-to-book, Bajaj Finance trades at 6.33 times book value, Cholamandalam Investment at 5.31 times, and Bajaj Finserv at 4.29 times.
Profitability Comparison: Return on Equity
On return on equity, Cholamandalam Investment leads the trio at 17.18%, ahead of Bajaj Finance at 16.68% and Bajaj Finserv at 12.57%, the latter’s lower ROE partly reflecting its structure as a diversified holding company with insurance and other subsidiaries.
52-Week Trading Range Comparison
Bajaj Finserv has traded in the widest absolute price band of the three over the past 52 weeks, between Rs 1,597.00 and Rs 2,195.00, followed by Cholamandalam Investment between Rs 1,299.40 and Rs 1,913.00. Bajaj Finance’s range of Rs 787.90 to Rs 1,176.40 reflects its lower per-share price.
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Dividend Yield Comparison
Bajaj Finance offers the highest dividend yield among the three at 0.52%, followed by Cholamandalam Investment at 0.10% and Bajaj Finserv at 0.07%, though all three carry modest yields typical of growth-focused lenders reinvesting for loan book expansion.
What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three financial names should track loan book growth, asset quality (gross and net NPA trends), and for Bajaj Finserv specifically, the performance of its insurance and asset management subsidiaries, since its earnings profile differs meaningfully from a pure-play lender like Bajaj Finance or Cholamandalam Investment.
Also read – TCS vs Infosys vs Wipro: Side-by-Side Comparison of India’s Top IT Services Stocks
Snapshot: Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment is a widely searched comparison among investors tracking this sector. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment highlights differences in valuation. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment highlights differences in profitability. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment highlights differences in dividend yield. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment is best read as a factual snapshot rather than a recommendation.
In short: Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment remains one of the most-searched sector comparisons on Dalal Street. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment draws attention every earnings season. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment is tracked closely by retail and institutional investors alike. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment numbers should always be checked live before acting.
Quick recap: Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment. Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment data as of September 2026.
Conclusion
Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment highlights how differently three leading names in the same sector can score across valuation, profitability and dividend metrics, even when operating in the same space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. This comparison does not recommend or endorse any single stock over another; 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 Bajaj Finance vs Bajaj Finserv vs Cholamandalam Investment
What is the market cap difference between Bajaj Finance, Bajaj Finserv and Cholamandalam Investment?
Ans. As of September 2026, Bajaj Finance has a market cap of approximately Rs 7,21,650 crore, Bajaj Finserv is at approximately Rs 3,33,923 crore, and Cholamandalam Investment is at approximately Rs 1,61,724 crore.
Which of the three has the highest PE ratio?
Ans. Among Bajaj Finance, Bajaj Finserv and Cholamandalam Investment, the PE ratios stand at 35.54, 32.92 and 28.12 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. Bajaj Finance, Bajaj Finserv and Cholamandalam Investment post ROE of 16.68%, 12.57% and 17.18% respectively as of September 2026.
What is the 52-week range for Bajaj Finance, Bajaj Finserv and Cholamandalam Investment?
Ans. Bajaj Finance has traded between Rs 787.90 and Rs 1,176.40, Bajaj Finserv between Rs 1,597.00 and Rs 2,195.00, and Cholamandalam Investment between Rs 1,299.40 and Rs 1,913.00 over the past 52 weeks.
Which of these three stocks pays the highest dividend yield?
Ans. Bajaj Finance, Bajaj Finserv and Cholamandalam Investment carry dividend yields of 0.52%, 0.07% and 0.10% respectively as of September 2026.
Why does Bajaj Finserv trade at a lower ROE than Bajaj Finance?
Ans. Bajaj Finserv trades at a lower ROE partly because it is a diversified financial holding company with insurance and other subsidiaries, which carry different capital and profitability profiles compared with a pure-play lender like Bajaj Finance.
Which NBFC stock has the highest market cap?
Ans. Bajaj Finance has by far the largest market cap among the three at approximately Rs 7,21,650 crore, compared with Bajaj Finserv at around Rs 3,33,923 crore and Cholamandalam Investment at around Rs 1,61,724 crore.
Is one of Bajaj Finance, Bajaj Finserv or Cholamandalam Investment better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
