Bajaj Finance Ltd
Bajaj Finance is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India. It also accepts public and corporate deposits and offers variety of financial services products to its customers.(Source : 202003 Annual Report Page No:124)
- Market Cap ₹ 4,23,904 Cr.
- Current Price ₹ 6,848
- High / Low ₹ 7,830 / 6,188
- Stock P/E 31.2
- Book Value ₹ 1,280
- Dividend Yield 0.53 %
- ROCE 12.3 %
- ROE 20.5 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 26.6% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.1%
- Company's median sales growth is 31.5% of last 10 years
Cons
- Stock is trading at 5.35 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.
Peer comparison
Sector: Finance Industry: Finance & Investments
Part of BSE Dividend Stability Index Nifty Financial Services 25/50 Nifty 50 Equal Weight Nifty Total Market BSE Diversified Financials Revenue Growth Index (I
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 3,092 | 4,042 | 5,392 | 7,298 | 9,966 | 12,639 | 17,386 | 23,823 | 23,537 | 27,872 | 35,684 | 46,939 | 53,074 |
Interest | 1,221 | 1,592 | 2,274 | 2,959 | 3,853 | 4,649 | 6,037 | 7,990 | 7,550 | 7,678 | 9,424 | 14,003 | 16,225 |
998 | 1,362 | 1,752 | 2,353 | 3,248 | 4,067 | 5,189 | 8,763 | 10,325 | 11,236 | 11,928 | 15,249 | 18,033 | |
Financing Profit | 874 | 1,088 | 1,367 | 1,986 | 2,866 | 3,923 | 6,159 | 7,070 | 5,662 | 8,959 | 14,333 | 17,687 | 18,816 |
Financing Margin % | 28% | 27% | 25% | 27% | 29% | 31% | 35% | 30% | 24% | 32% | 40% | 38% | 35% |
17 | 32 | 26 | 35 | 23 | 10 | 13 | 9 | 3 | -17 | -7 | -5 | 2,557 | |
Depreciation | 20 | 29 | 36 | 56 | 71 | 102 | 137 | 271 | 302 | 355 | 444 | 629 | 722 |
Profit before tax | 872 | 1,091 | 1,357 | 1,965 | 2,818 | 3,831 | 6,035 | 6,808 | 5,363 | 8,586 | 13,882 | 17,053 | 20,651 |
Tax % | 32% | 34% | 34% | 35% | 35% | 35% | 36% | 28% | 26% | 26% | 26% | 26% | |
591 | 719 | 898 | 1,279 | 1,837 | 2,485 | 3,890 | 4,881 | 3,956 | 6,350 | 10,290 | 12,644 | 15,595 | |
EPS in Rs | 11.87 | 14.34 | 17.90 | 23.74 | 33.40 | 42.99 | 67.31 | 81.12 | 65.64 | 104.89 | 169.96 | 204.27 | 252.01 |
Dividend Payout % | 13% | 11% | 10% | 10% | 11% | 9% | 9% | 12% | 15% | 19% | 18% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 28% |
5 Years: | 22% |
3 Years: | 26% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | 33% |
5 Years: | 27% |
3 Years: | 47% |
TTM: | 18% |
Stock Price CAGR | |
---|---|
10 Years: | 35% |
5 Years: | 11% |
3 Years: | 0% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 18% |
3 Years: | 20% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 50 | 50 | 50 | 54 | 109 | 115 | 115 | 120 | 120 | 121 | 121 | 124 | 124 |
Reserves | 3,302 | 3,941 | 4,750 | 7,373 | 9,491 | 15,702 | 19,448 | 31,693 | 35,818 | 41,935 | 51,372 | 71,887 | 79,086 |
13,133 | 19,750 | 26,655 | 37,025 | 49,250 | 63,629 | 86,352 | 104,206 | 99,854 | 123,040 | 161,685 | 220,379 | 244,708 | |
1,321 | 878 | 1,325 | 2,522 | 4,880 | 2,169 | 2,585 | 1,984 | 2,491 | 2,921 | 3,347 | 4,225 | 5,494 | |
Total Liabilities | 17,806 | 24,618 | 32,780 | 46,973 | 63,730 | 81,615 | 108,500 | 138,004 | 138,284 | 168,017 | 216,525 | 296,614 | 329,411 |
176 | 220 | 249 | 287 | 361 | 465 | 654 | 1,228 | 1,227 | 1,598 | 2,147 | 3,060 | 3,232 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51 | 33 | 80 | 43 | 29 |
Investments | 5 | 28 | 332 | 1,034 | 4,075 | 3,653 | 10,370 | 20,139 | 20,169 | 16,372 | 28,738 | 37,153 | 39,374 |
17,625 | 24,370 | 32,198 | 45,652 | 59,295 | 77,497 | 97,475 | 116,636 | 116,836 | 150,014 | 185,560 | 256,359 | 286,776 | |
Total Assets | 17,806 | 24,618 | 32,780 | 46,973 | 63,730 | 81,615 | 108,500 | 138,004 | 138,284 | 168,017 | 216,525 | 296,614 | 329,411 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3,251 | -6,087 | -7,147 | -9,871 | -10,440 | -17,191 | -15,694 | -14,110 | 4,386 | -23,856 | -27,302 | -54,338 | |
-56 | -96 | -365 | -686 | -3,048 | 505 | -6,638 | -9,633 | 424 | 3,806 | -12,400 | -7,763 | |
3,664 | 6,543 | 6,953 | 11,656 | 12,516 | 16,589 | 22,344 | 24,177 | -4,113 | 21,550 | 38,021 | 64,774 | |
Net Cash Flow | 357 | 360 | -559 | 1,099 | -972 | -97 | 13 | 435 | 697 | 1,501 | -1,682 | 2,674 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 22% | 20% | 20% | 21% | 22% | 20% | 22% | 19% | 12% | 16% | 22% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Dec - Audio recording of Investor/Analyst Group meet shared.
- Announcement under Regulation 30 (LODR)-Investor Presentation 10 Dec
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Announcement under Regulation 30 (LODR)-Issue of Securities
10 Dec - Allotment of 1,00,000 NCDs aggregating to ₹ 1,000 crore.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4 Dec - Schedule change for analyst meeting to Mumbai.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Nov
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
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Financial Year 2011
from bse
Concalls
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Dec 2024TranscriptNotesPPT
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Amongst Largest NBFCs in India [1]
Bajaj Finance (BFL) started its journey in the year 1987 as a vehicle financing company and now is one of the largest and most diversified NBFCs in India.