Bajaj Finance Ltd

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

Bajaj Finance Ltd

₹ 9,538 -0.74%
10 Jun 12:57 p.m.
bajajfinserv.in/finance BSE: 500034 NSE: BAJFINANCE
About

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)

Key Points

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.

Website BSE NSE
  • Market Cap ₹ 5,92,697 Cr.
  • Current Price ₹ 9,538
  • High / Low ₹ 9,800 / 6,425
  • Stock P/E 35.6
  • Book Value ₹ 1,556
  • Dividend Yield 0.09 %
  • ROCE 11.3 %
  • ROE 19.2 %
  • Face Value ₹ 2.00
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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 6.15 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
8,626 9,284 9,970 10,787 11,364 12,498 13,382 14,164 14,926 16,099 17,091 18,035 18,457
Interest 2,568 2,645 2,972 3,351 3,592 4,103 4,537 4,868 5,217 5,684 6,149 6,386 6,552
2,691 3,026 3,129 3,308 3,382 3,693 3,931 4,229 4,420 4,956 5,338 5,691 6,026
Financing Profit 3,367 3,613 3,869 4,129 4,390 4,703 4,914 5,066 5,289 5,459 5,604 5,958 5,879
Financing Margin % 39% 39% 39% 38% 39% 38% 37% 36% 35% 34% 33% 33% 32%
3 2 4 2 5 5 2 5 9 6 8 26 21
Depreciation 104 111 121 119 134 156 159 176 193 200 210 219 252
Profit before tax 3,265 3,503 3,752 4,012 4,261 4,551 4,758 4,896 5,105 5,265 5,401 5,765 5,647
Tax % 26% 26% 26% 26% 26% 24% 25% 26% 25% 26% 26% 25% 20%
2,420 2,596 2,781 2,973 3,158 3,437 3,551 3,639 3,825 3,912 4,014 4,308 4,546
EPS in Rs 39.96 42.88 45.93 49.11 52.16 56.72 58.60 58.88 61.79 63.20 64.62 68.60 72.09
Gross NPA % 1.60% 1.25% 1.17% 1.14% 0.94% 0.87% 0.91% 0.95% 0.85% 0.86% 1.06% 1.12% 0.96%
Net NPA % 0.68% 0.51% 0.44% 0.41% 0.34% 0.31% 0.31% 0.37% 0.37% 0.38% 0.46% 0.48% 0.44%
Raw PDF

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 17.90 23.74 33.40 43.19 69.12 87.48 73.35 116.09 190.07 233.46 267.73
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: 35%
5 Years: 33%
3 Years: 19%
1 Year: 36%
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%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
55.86% 55.86% 55.91% 55.91% 55.87% 55.87% 54.78% 54.69% 54.70% 54.70% 54.70% 54.73%
19.98% 20.49% 19.87% 19.16% 20.09% 20.41% 20.92% 20.55% 21.08% 20.81% 20.79% 21.45%
12.03% 12.09% 12.37% 12.92% 12.83% 13.05% 14.01% 14.33% 14.23% 15.01% 15.08% 14.78%
0.00% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.09% 0.09% 0.08% 0.08%
11.84% 11.26% 11.60% 11.75% 10.99% 10.50% 10.17% 10.19% 9.83% 9.36% 9.32% 8.84%
0.29% 0.22% 0.18% 0.17% 0.13% 0.10% 0.05% 0.16% 0.08% 0.05% 0.04% 0.10%
No. of Shareholders 8,68,2717,67,7228,16,2928,90,7067,84,8837,26,5837,45,0407,99,1998,05,2417,81,9137,91,3927,05,610

* 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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