Bajaj Housing Finance Ltd

Bajaj Housing Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Bajaj Housing Finance Ltd

₹ 114 -0.28%
21 Feb - close price
bajajhousingfinance.in BSE: 544252 NSE: BAJAJHFL
About

Founded in 2008, Bajaj Housing Finance is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since 2015 and has been offering mortgage loans.[1]

Key Points

Market Leadership[1] BHFL is the 2nd largest Housing Finance Company (HFC) within just seven years of starting its mortgage operations. As of March 2024, it is the 8th largest NBFC - Upper Layer by AUM and 2nd most profitable HFC. In FY2024 and Q1FY2025, BHFL recorded the 2nd highest loan disbursement among HFCs, with the 2nd highest AUM per branch and employee among large HFCs.

Website BSE NSE
  • Market Cap ₹ 94,558 Cr.
  • Current Price ₹ 114
  • High / Low ₹ 188 / 103
  • Stock P/E 48.3
  • Book Value ₹ 22.6
  • Dividend Yield 0.00 %
  • ROCE 9.42 %
  • ROE 15.2 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 5.03 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost

* 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.

Peer comparison

Sector: Finance Industry: Finance - Housing

Part of BSE IPO

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Revenue 1,585 1,763 1,911 1,946 1,996 2,209 2,410 2,449
Interest 954 1,062 1,151 1,200 1,279 1,399 1,514 1,516
216 165 176 164 219 170 179 210
Financing Profit 416 536 585 582 498 640 718 723
Financing Margin % 26% 30% 31% 30% 25% 29% 30% 30%
0 0 0 0 0 0 0 0
Depreciation 9 10 10 10 10 10 10 10
Profit before tax 407 526 575 572 488 630 708 713
Tax % 26% 12% 22% 24% 22% 23% 23% 23%
301 462 451 437 381 483 546 548
EPS in Rs 0.45 0.69 0.67 0.65 0.57 0.62 0.66 0.66
Gross NPA % 0.23% 0.24% 0.28% 0.29%
Net NPA % 0.08% 0.09% 0.11% 0.12%
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Revenue 2,646 3,155 3,767 5,665 7,617 9,064
Interest 1,618 1,968 2,157 3,213 4,695 5,708
438 552 624 718 721 778
Financing Profit 591 635 986 1,734 2,201 2,579
Financing Margin % 22% 20% 26% 31% 29% 28%
-0 0 -0 -0 -0 0
Depreciation 23 22 26 33 40 40
Profit before tax 567 613 960 1,700 2,161 2,539
Tax % 26% 26% 26% 26% 20%
421 453 710 1,258 1,731 1,958
EPS in Rs 0.86 0.93 1.45 1.87 2.58 2.51
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 34%
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 56%
TTM: 19%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 14%
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4,883 4,883 4,883 6,712 6,712 8,328
Reserves 702 1,149 1,858 3,791 5,521 10,457
25,600 31,601 41,492 53,745 69,129 74,475
187 226 293 406 464 539
Total Liabilities 31,372 37,858 48,527 64,654 81,827 93,799
86 79 97 113 123 122
CWIP 0 0 1 0 1 0
Investments 2,508 3,266 1,248 2,001 1,939 1,633
28,779 34,513 47,180 62,540 79,765 92,044
Total Assets 31,372 37,858 48,527 64,654 81,827 93,799

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1,024 -5,076 -12,461 -14,332 -15,428
-69 -797 2,197 -611 273
1,149 5,676 10,209 14,630 15,125
Net Cash Flow 55 -197 -55 -313 -30

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
ROE % 8% 11% 15% 15%

Shareholding Pattern

Numbers in percentages

Sep 2024Dec 2024
88.75% 88.75%
1.68% 1.11%
1.83% 0.82%
0.11% 0.00%
7.63% 9.32%
No. of Shareholders 23,09,51826,45,574

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

No data available.

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Credit ratings

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