Nyalakanti Spandana, Dr. N. Ramanjaneyulu 02 07 This study explores the financial performance of NonBanking Financial Companies NBFCs in India with a special focus on Bajaj Finance Limitedone of the leading NBFCs in the country The NBFC sector plays a crucial role in financial inclusion by catering to diverse credit needs beyond the reach of traditional banking institutions This project aims to evaluate the financial health efficiency profitability and growth potential of Bajaj Finance using key financial parameters such as current ratio return on equity debtequity ratio and earnings per share over a fiveyear period Through detailed ratio analysis and trend evaluation from 20202021 to 20242025 the study identifies the companys strengths in capital utilization operational performance and financial stability The findings indicate consistent improvement in profitability strong shareholder returns and efficient financial management practices positioning Bajaj Finance as a benchmark among NBFCs The study also sheds light on the broader role of NBFCs in Indias financial ecosystem and provides insights for investors regulators and financial managers This research contributes to understanding the evolving dynamics of NBFCs in India and highlights Bajaj Finances strategic approach in navigating market challenges while achieving sustainable financial growth Copyright (c) Journal of Science Engineering Technology and Management Science. All rights reserved 2026