Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Bajaj Finance

₹8405.7 186.7 | 2.3%

Market Cap ₹521866 Cr.

Stock P/E 36.1

P/B 5.7

Current Price ₹8405.7

Book Value ₹ 1467.5

Face Value 2

52W High ₹8655.2

Dividend Yield 0.43%

52W Low ₹ 6190

Bajaj Finance Research see more...

Overview Inc. Year: 1987Industry: Finance - NBFC

Bajaj Finance Limited is an primarily India-based non-banking financial company. The Company's customer lending products consist of client electronics, furnishings, virtual merchandise, e-commerce purchases daily financing. Its small and medium companies (SME) lending consist of working capital loans and time period facilities to SME, and professionals. The Company's rural lending offers all its lending and deposits products, which encompass B2B lending, non-public loans, gold loans, and retail deposits in small towns and villages. Its mortgage in opposition to securities enterprise gives medium-term and short-term financing against stocks, bonds, mutual funds, insurance policies and deposits to clients. Its mortgages offer domestic loans, loans against assets and developer finance. Its commercial lending is engaged in lending to auto component producers and the light engineering industry, loans to monetary institutions, loans to the speciality chemical and pharma enterprise.

Read More..

Bajaj Finance Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Bajaj Finance Quarterly Results

#(Fig in Cr.) Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Operating Revenue 9970 10787 11364 12498 13382 14164 14926 16099 17090 18035
Other Income 4 2 4 2 2 3 6 4 5 23
Total Income 9974 10789 11368 12500 13384 14167 14932 16102 17095 18058
Total Expenditure 3129 3308 3382 3693 3931 4229 4420 4956 5338 5691
Operating Profit 6845 7481 7986 8807 9453 9938 10512 11147 11757 12367
Interest Expense 2972 3351 3592 4103 4537 4868 5217 5684 6149 6386
Depreciation 121 119 134 156 159 176 193 200 210 219
Profit Before Tax 3752 4012 4260 4548 4758 4894 5102 5263 5398 5762
Provision for Tax 972 1039 1103 1114 1207 1257 1281 1353 1388 1457
Profit After Tax 2781 2973 3156 3434 3551 3637 3822 3909 4010 4305
Adjustments 0 0 2 3 0 2 3 3 -11 -59
Profit After Adjustments 2781 2973 3158 3437 3551 3639 3825 3912 4000 4247
Adjusted Earnings Per Share 46 49.2 52.2 56.8 58.7 58.9 61.9 63.2 64.7 68.6

Bajaj Finance Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Operating Revenue 5382 7294 9967 12786 18487 26374 26690 31640 41410 54969 66150
Other Income 176 40 25 12 13 12 15 8 8 13 38
Total Income 5558 7334 9992 12798 18500 26386 26705 31648 41418 54983 66187
Total Expenditure 1891 2354 3251 4157 5454 9161 10868 11905 12706 16111 20405
Operating Profit 3666 4980 6742 8642 13046 17224 15837 19743 28712 38871 45783
Interest Expense 2274 2959 3853 4696 6723 9608 9519 9855 12701 18886 23436
Depreciation 36 56 71 102 144 295 325 385 485 683 822
Profit Before Tax 1357 1965 2817 3843 6179 7322 5992 9504 15528 19310 21525
Provision for Tax 459 686 981 1347 2184 2058 1572 2476 4020 4858 5479
Profit After Tax 898 1279 1836 2496 3995 5264 4420 7028 11508 14451 16046
Adjustments 0 0 0 0 0 0 0 0 0 0 -64
Profit After Adjustments 898 1279 1836 2496 3995 5264 4420 7028 11508 14451 15984
Adjusted Earnings Per Share 18 23.9 33.6 43.4 69.3 87.7 73.5 116.5 190.4 233.8 258.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 33% 27% 24% 0%
Operating Profit CAGR 35% 35% 24% 0%
PAT CAGR 26% 48% 29% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 27% 7% 12% 35%
ROE Average 22% 21% 19% 20%
ROCE Average 12% 11% 11% 12%

Bajaj Finance Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 4800 7427 9600 15848 19697 32328 36918 43713 54372 76695
Minority's Interest 0 0 0 0 0 0 0 0 0 0
Borrowings 18274 25287 33116 58715 88670 122859 122110 151069 194422 249013
Current Liability 9910 14261 21033 10073 15630 8868 12074 17272 25847 49334
Other Liabilities & Provisions 1338 2204 3150 -606 -434 -513 -578 -499 -352 -318
Total Liabilities 34321 49179 66900 84031 123563 163541 170525 211555 274289 374724
Loans 18120 24779 32028 79103 112513 141376 146687 191423 242269 326293
Investments 147 457 762 1025 1512 3089 4596 10670 16331 26077
Fixed Assets 252 290 366 470 695 1321 1316 1716 2308 3250
Other Loans 1352 1894 2009 88 189 295 276 345 311 440
Other Non Current Assets 0 0 0 34 20 28 51 34 80 43
Current Assets 14450 21759 31734 3310 8634 17432 17599 7365 12991 18621
Total Assets 34321 49179 66900 84031 123563 163541 170525 211555 274289 374724

Bajaj Finance Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 0 228 1297 325 338 347 1345 1849 3381 1551
Cash Flow from Operating Activities 0 -9870 -10439 -20566 -29062 -24412 -807 -37090 -42112 -72760
Cash Flow from Investing Activities 0 -687 -3047 1075 -5379 -8758 -429 6347 -10394 -7171
Cash Flow from Financing Activities 0 11656 12513 19503 34449 34167 1741 32275 50675 82415
Net Cash Inflow / Outflow 0 1100 -972 13 9 998 505 1532 -1831 2484
Closing Cash & Cash Equivalent 0 1328 325 338 347 1345 1849 3381 1551 4035

Bajaj Finance Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 17.96 23.88 33.58 43.4 69.26 87.74 73.47 116.5 190.38 233.84
CEPS(Rs) 18.67 24.93 34.88 45.18 71.75 92.65 78.87 122.87 198.41 244.89
DPS(Rs) 3.6 5 3.6 4 6 10 10 20 30 36
Book NAV/Share(Rs) 95.99 136.78 175.56 274.12 339.07 535.29 608.63 717.97 890.34 1224.7
Net Profit Margin 16.68 17.53 18.43 19.52 21.61 19.96 16.56 22.21 27.79 26.29
Operating Margin 67.46 67.5 66.93 66.79 69.79 64.19 58.12 61.18 68.17 69.49
PBT Margin 25.21 26.94 28.27 30.06 33.42 27.76 22.45 30.04 37.5 35.13
ROA(%) 2.62 3.06 3.16 3.31 3.85 3.67 2.65 3.68 4.74 4.45
ROE(%) 18.71 21.09 21.7 19.68 22.62 20.37 12.86 17.59 23.7 22.32
ROCE(%) 11.54 12.97 12.91 12.09 12.67 11.95 9.38 10.26 11.76 11.92
Price/Earnings(x) 22.81 29.02 34.96 40.77 43.68 25.26 70.08 62.31 29.5 30.96
Price/Book(x) 4.27 5.07 6.69 6.46 8.92 4.14 8.46 10.11 6.31 5.91
Dividend Yield(%) 0.44 0.36 0.31 0.23 0.2 0.45 0.19 0.28 0.53 0.5
EV/Net Sales(x) 8.72 9.98 11.35 13.14 14.91 9.91 16.46 18.95 13.33 13.28
EV/Core EBITDA(x) 12.79 14.62 16.78 19.44 21.14 15.17 27.73 30.36 19.22 18.78
Interest Earned Growth(%) 0 35.52 36.65 28.29 44.59 42.66 1.2 18.55 30.88 32.74
Net Profit Growth 0 42.41 43.62 35.94 60.03 31.76 -16.03 59.02 63.74 25.58
EPS Growth(%) 0 32.96 40.64 29.25 59.56 26.69 -16.26 58.57 63.42 22.83
Interest Coverage(x) % 1.6 1.66 1.73 1.82 1.92 1.76 1.63 1.96 2.22 2.02

Bajaj Finance Shareholding Pattern

# Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Promoter 55.86 55.91 55.91 55.87 55.87 54.78 54.69 54.7 54.7 54.7
FII 20.5 19.86 19.17 20.09 20.41 20.92 20.56 21.09 20.81 20.79
DII 12.15 12.44 12.99 12.9 13.12 14.08 14.4 14.31 15.09 15.17
Public 11.49 11.79 11.93 11.14 10.6 10.22 10.35 9.91 9.4 9.34
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 29% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 21%

Cons

  • Stock is trading at 5.7 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Bajaj Finance News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....