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 ₹ 5,82,245 Cr.
- Current Price ₹ 936
- High / Low ₹ 979 / 642
- Stock P/E 35.0
- Book Value ₹ 156
- Dividend Yield 0.47 %
- ROCE 11.3 %
- ROE 19.2 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 25.9% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.4%
- Company's median sales growth is 30.9% of last 10 years
Cons
- Stock is trading at 6.02 times its book value
- Company has low interest coverage ratio.
* 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
Financial Services Financial Services Finance Non Banking Financial Company (NBFC)
Part of BSE Sensex Nifty 50 BSE 500 BSE 100 BSE 200
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
5,392 | 7,299 | 9,970 | 12,746 | 18,487 | 26,374 | 26,673 | 31,641 | 41,411 | 54,972 | 69,684 | |
Interest | 2,274 | 2,959 | 3,853 | 4,696 | 6,723 | 9,608 | 9,519 | 9,855 | 12,701 | 18,886 | 24,771 |
1,752 | 2,354 | 3,250 | 4,115 | 5,454 | 9,159 | 10,839 | 11,880 | 12,693 | 16,099 | 22,011 | |
Financing Profit | 1,367 | 1,986 | 2,867 | 3,935 | 6,310 | 7,608 | 6,314 | 9,906 | 16,018 | 19,987 | 22,902 |
Financing Margin % | 25% | 27% | 29% | 31% | 34% | 29% | 24% | 31% | 39% | 36% | 33% |
26 | 35 | 22 | 10 | 13 | 9 | 3 | -17 | -5 | 6 | 59 | |
Depreciation | 36 | 56 | 71 | 102 | 144 | 295 | 325 | 385 | 485 | 683 | 881 |
Profit before tax | 1,357 | 1,965 | 2,817 | 3,843 | 6,179 | 7,322 | 5,992 | 9,504 | 15,528 | 19,310 | 22,080 |
Tax % | 34% | 35% | 35% | 35% | 35% | 28% | 26% | 26% | 26% | 25% | 24% |
898 | 1,279 | 1,836 | 2,496 | 3,995 | 5,264 | 4,420 | 7,028 | 11,508 | 14,451 | 16,779 | |
EPS in Rs | 1.79 | 2.37 | 3.34 | 4.32 | 6.91 | 8.75 | 7.33 | 11.61 | 19.01 | 23.35 | 26.77 |
Dividend Payout % | 10% | 10% | 11% | 9% | 9% | 11% | 14% | 17% | 16% | 15% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 29% |
5 Years: | 21% |
3 Years: | 30% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 26% |
3 Years: | 33% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 26% |
3 Years: | 19% |
1 Year: | 32% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 21% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 50 | 54 | 109 | 115 | 115 | 120 | 120 | 121 | 121 | 124 | 124 |
Reserves | 4,750 | 7,373 | 9,491 | 15,733 | 19,582 | 32,208 | 36,798 | 43,592 | 54,251 | 76,572 | 96,569 |
Borrowing | 26,655 | 37,025 | 49,250 | 66,557 | 101,588 | 129,806 | 131,634 | 165,232 | 216,690 | 293,346 | 361,249 |
1,325 | 2,522 | 4,881 | 2,393 | 2,948 | 2,257 | 2,918 | 3,562 | 4,164 | 5,700 | 8,185 | |
Total Liabilities | 32,780 | 46,973 | 63,731 | 84,798 | 124,233 | 164,391 | 171,470 | 212,506 | 275,226 | 375,742 | 466,127 |
252 | 290 | 366 | 470 | 695 | 1,321 | 1,316 | 1,716 | 2,308 | 3,250 | 3,795 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 51 | 34 | 80 | 43 | 27 |
Investments | 326 | 1,029 | 4,070 | 3,139 | 8,599 | 17,544 | 18,397 | 12,246 | 22,752 | 30,881 | 34,441 |
32,201 | 45,654 | 59,295 | 81,189 | 114,939 | 145,526 | 151,707 | 198,510 | 250,087 | 341,568 | 427,865 | |
Total Assets | 32,780 | 46,973 | 63,731 | 84,798 | 124,233 | 164,391 | 171,470 | 212,506 | 275,226 | 375,742 | 466,127 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-7,064 | -9,870 | -10,439 | -20,566 | -29,062 | -24,412 | -807 | -37,090 | -42,112 | -72,760 | -68,154 | |
-360 | -687 | -3,047 | 1,075 | -5,379 | -8,758 | -429 | 6,347 | -10,394 | -7,171 | -2,765 | |
6,867 | 11,656 | 12,513 | 19,503 | 34,449 | 34,167 | 1,741 | 32,275 | 50,675 | 82,415 | 70,527 | |
Net Cash Flow | -557 | 1,100 | -972 | 13 | 9 | 998 | 505 | 1,532 | -1,831 | 2,484 | -392 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 21% | 22% | 20% | 22% | 20% | 13% | 17% | 23% | 22% | 19% |
Documents
Announcements
- Closure of Trading Window 22s
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Board Meeting Intimation for Considering And Approving Unaudited Standalone And Consolidated Financial Results For The Quarter Ending 30 June 2025.
11m - Board meeting on 24 July 2025 to approve Q1 FY26 results; trading window closed 1-26 July 2025.
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Announcement under Regulation 30 (LODR)-Allotment
17 Jun - Allotment of 4:1 bonus shares; paid-up capital increased to Rs. 621.43 Cr on 17 June 2025.
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Clarification On Significant Increase In Volume
17 Jun - Share subdivision 1:2 and 4:1 bonus issue approved; record date 16 June 2025, allotment 17 June 2025.
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Clarification sought from Bajaj Finance Ltd
17 Jun - Exchange has sought clarification from Bajaj Finance Ltd on June 17, 2025, with reference to Movement in Volume.
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
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Financial Year 2011
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Amongst Largest NBFCs in India
The company is one of India’s leading and most diversified financial services companies. Since its inception, it has leveraged technology to launch 26 product lines and 51 product variants for retail, MSME, and commercial consumers, with major product innovations like the EMI card and Flexi with a significant presence in both urban and rural India. It also accepts public and corporate deposits. [1] [2]