Bajaj Holdings & Investment Ltd (BHIL) (formerly known as Bajaj Auto Ltd) is an India-based company. The company is acting as a primary investment company and focusing on new business opportunities. BHIL holds strategic stakes of 33.43% in Bajaj Auto Ltd. (BAL) 39.29% in Bajaj Finserv Ltd. (BFS) and 51% in Maharashtra Scooters Ltd. (MSL). BHIL is essentially an investment company. Its focus is on earning income through dividends interest and profits on investments held. It is largely dependent on the equity and debt markets for its income.
Bajaj Auto Limited (erstwhile known as Bachhraj Trading Corporation Pvt Ltd) was incorporated in the year 1945 for manufacturing scooter. Bajaj Holdings & Investment Ltd. (‘BHIL’ or ‘the Company’) came into existence post the demerger of erstwhile Bajaj Auto Ltd. into three entities – Bajaj Auto Ltd., Bajaj Finserv Ltd. and the erstwhile Bajaj Auto Ltd. (renamed as Bajaj Holdings & Investment Ltd.), with effect from 1 April 2007.
The combined market capitalisation of the three entities stood at Rs. 4,18,220 crore as on 30th April 2023 compared to just Rs. 24,542 crore as on 31 March 2007 of erstwhile Bajaj Auto Ltd. – an increase to almost seventeen times in sixteen years. The demerger truly resulted in unlocking of shareholder value. The combined annualised return of the three companies post demerger is 20.7% compared to 9.5% of Sensex for the corresponding period.