Bajaj Finance Ltd

Finance - Large

NSE: BAJFINANCE Large Cap ISIN: INE296A01024
As on 04 November 2024 at 09:59
As on 04 November 2024 at 09:59
6,860.50
-63.10
(-0.91%)
Over 1 Month
-10.12%
Over 6 Months
0.59%
Over 1 Year
-7.34%
Over 3 Years
-6.61%
Summary
Close 6,843.30
Open 6,975
High 6,975
Low 6,834.50
Volume 1,23,923
Net Turnover 31,17,64,802.50
52 Week High 7,830
52 Week Low 6,187.80
52Wk High / Low
6,187.80
7,830
Key Financial Data
Market Cap (in ₹ Cr) 4,28,568.29
EPS 219.85
Book Value (BV) 1,279.65
Div. Yield 0.52
P/E 31.49
Price/Book Value 5.41
Delivery % 44.57
Face Value 2
Key Ratios
P/E ratio 35.39
P/B ratio 6.24
EV to Sales 14.04
PEG Ratio 1.75
ROA 4.32
ROE 20.48
Debt-Equity 3.09
Net Profit Margin 26.93
Operating Profit Margin 67.49

Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Bajaj Finance Ltd ₹6,923.80 ₹4,28,580.67
Bajaj Finserv Ltd ₹1,755.10 ₹2,80,230.16
Jio Financial Services Ltd ₹326.30 ₹2,07,307.66
Indian Railway Finance Corporation Ltd ₹157.95 ₹2,06,417.05
Power Finance Corporation Ltd ₹458.90 ₹1,51,441.67
REC Ltd ₹526.55 ₹1,38,652.41

News

Bajaj Finance allots NCDs

On Private Placement Basis

28 Oct 2024

Bajaj Finance spurts on reporting strong Q2 numbers

Bajaj Finance advanced 4.71% to Rs 6,992 after the NBFC's consolidated net profit jumped 13.03% to Rs 4,013.74 crore on 27.72% rise in total income to Rs 17,095.41 crore in Q2 FY25 over Q2 FY24.

23 Oct 2024

Moody's Ratings assigns 'Baa3 ' LT issuer rating to Bajaj Finance

Bajaj Finance (BFL) said that Moody's Ratings has assigned a first-time 'Baa3/P-3' long-term and short-term foreign and local currency issuer ratings to the company with 'stable' outlook.

18 Oct 2024

Bajaj Finance Ltd eases for fifth straight session

Bajaj Finance Ltd is quoting at Rs 6894.05, down 0.9% on the day as on 13:19 IST on the NSE. The stock tumbled 12.36% in last one year as compared to a 25.93% rally in NIFTY and a 19.62% spurt in the Nifty Financial Services index.

17 Oct 2024

Bajaj Finance allots NCDs aggregating Rs 500 cr

On private placement basis

09 Oct 2024

Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue 46,945.98 35,689.81 27,879.12 23,546.33 23,834.15
Total Expenses 29,892.90 21,808.30 19,292.73 18,183.45 17,026.02
Profit Before Tax 17,053.08 13,881.51 8,586.39 5,362.88 6,808.13
Profit After Tax 12,644.11 10,289.74 6,350.49 3,955.51 4,881.12
Operating Profit after Depreciation 17,053.08 13,881.51 8,586.39 5,362.88 6,808.13

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets 3,077.17 2,211.84 1,617.85 1,271.19 1,228.14
Total Non Current Assets 2,84,517.02 2,10,980.41 1,63,187.59 1,35,456.53 1,35,631.81
Total Current Assets 12,097.43 5,544.34 4,828.99 2,827.02 2,371.76
TOTAL ASSETS 2,96,614.45 2,16,524.75 1,68,016.58 1,38,283.55 1,38,003.57
Total Shareholder's Fund 72,010.53 51,493.13 42,055.88 35,938.74 31,813.21

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities -54,337.69 -27,302.41 -23,855.66 4,385.94 -14,110.33
Net Cash used in Investing Activities -7,762.87 -12,400.21 3,806.46 424.26 -9,632.54
Net Cash used in Financing Activities 64,774.36 38,021.04 21,550.34 -4,112.94 24,177.40

Corporate Actions

Bajaj Finance Ltd

₹36/Share

Announcement Date 21 Jun 2024
Record Date 21 Jun 2024
Div Yield 1800%

About Bajaj Finance Ltd

Bajaj Finance Ltd. is a prominent non-banking financial company (NBFC) in India. It is engaged in the business of lending and accepting deposits. It operates under the umbrella of Bajaj Finserv Ltd. They offer a range of financial services, including consumer finance and wealth management.

The company falls under the financial services sector. It can be specifically classified as an NBFC-Investment and Credit Company (NBFC-ICC) by the Reserve Bank of India (RBI). Bajaj Finance Ltd. has been in business for over 35 years, establishing itself as a leading player in the NBFC sector.

Headquartered in Pune, Maharashtra, Bajaj Finance Ltd. has a significant presence across both urban and rural India. The company's biggest promoter is Bajaj Finserv Ltd., which has a stake of 51.34%. Its top managing promoters are:
  • Sanjiv Bajaj
  • Rajeev Jain
  • Anup Saha
  • Naushad Forbes
  • Anami Roy

Bajaj Finance Ltd. offers a diverse portfolio of products. These include consumer finance for household items, like home appliances and personal needs. There is also digital product finance and vehicle loans for two and three-wheelers. Additionally, it provides EMI cards with pre-approved loans and fixed deposits with good interest rates.
In terms of market position, Bajaj Finance Ltd. is a leading player in the NBFC sector, known for its robust financial performance and extensive customer base. It holds the highest domestic credit ratings of AAA/Stable for long-term borrowing.

The promoter shareholding in Bajaj Finance Ltd. stands at around 56.15%. The company’s registered office is located in Pune. It has a well-structured management team comprising experienced professionals.
Bajaj Finance Ltd. continues to innovate and expand its product offerings. This helps it maintain its position as a key player in the Indian financial services sector.

How Bajaj Finance Has Empowered the Economy

Bajaj Finance Ltd. has played a pivotal role in empowering the Indian economy. It does it through its diverse financial services and innovative solutions. It is one of the leading non-banking financial companies (NBFCs) in India. Bajaj Finance has made a major contribution to the financial inclusion and economic growth of the country.

One of the primary ways Bajaj Finance has empowered the Indian economy is by enhancing financial inclusion. It offers a wide range of consumer finance products, including personal loans, home loans, and vehicle loans. Bajaj Finance has also made credit accessible to a broader segment of the population. This accessibility has enabled individuals from various backgrounds to fulfil their financial needs.

Whether it’s purchasing essential household items, funding education, or starting small businesses, the company’s focus on digital finance has further streamlined the loan application process even further. They have made it easier for people to access credit without extensive paperwork or long waiting periods.

Bajaj Finance has also been instrumental in supporting the growth of small and medium enterprises (SMEs) in India. SMEs are important to India’s economy, contributing significantly to employment and GDP. It provides tailored financial solutions such as working capital loans and business loans.

Bajaj Finance has enabled SMEs to expand their operations and invest in new technologies. This has helped many businesses improve their overall productivity. This support has helped individual businesses thrive. More importantly, it has contributed to the broader economic development of the regions where these SMEs operate.

In addition to supporting SMEs, Bajaj Finance has played a vital role in promoting consumer spending. It has many innovative financing options like EMI cards and no-cost EMI schemes. These options have made it easier for consumers to purchase high-value items such as appliances and furniture. This increased consumer spending has had a positive ripple effect on various sectors of the economy such as retail, manufacturing, and other services. It has even boosted the demand for goods and services, which has indirectly supported job availability and economic growth.

Another notable contribution of Bajaj Finance to the economy is its focus on digital transformation. The company has invested heavily in this tech to enhance its service delivery and customer experience. It uses data analytics and other tools to offer personalised financial solutions to its customers. This digital-first approach has significantly improved operational efficiency.

Furthermore, Bajaj Finance’s adherence to corporate social responsibility (CSR) has had a good impact on the community. The company has undertaken various initiatives in the areas of education and rural development. It has invested in several community development projects. Through these projects, it has contributed to the overall socio-economic upliftment of the society as a whole. These CSR activities have enhanced the company’s reputation. Plus, it has also fostered a sense of social responsibility among its stakeholders.

Bajaj Finance Ltd. has significantly empowered the Indian economy through its comprehensive financial services. Its support for SMEs, emphasis on digital transformation, and CSR initiatives are also invaluable. Moreover, by making credit accessible, it has played a crucial role in fostering economic development. As a whole, it has significantly improved the quality of life for millions of Indians.

FAQ’s

What is the share price of Bajaj Finance Ltd today?
Bajaj Finance Ltd share price as on 4 Nov 2024 is ₹6860.5
What is the Market Cap of Bajaj Finance Ltd?
The market cap of Bajaj Finance Ltd stock is ₹4,28,568.29 Cr.
What is the PE Ratio of Bajaj Finance Ltd?
The Price to Earnings (P/E) Ratio of Bajaj Finance Ltd is 35.39
What is the PB Ratio of Bajaj Finance Ltd?
The Price to Book (P/B) Ratio of Bajaj Finance Ltd is 6.24
What is the 52 week high of Bajaj Finance Ltd?
The 52 week high of Bajaj Finance Ltd is ₹7,830
What is the 52 week low of Bajaj Finance Ltd?
The 52 week low of Bajaj Finance Ltd is ₹6,187.80

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