Is Bajaj Housing Finance a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bajaj Housing Finance Ltd is a average quality company .

Is Bajaj Housing Finance undervalued or overvalued?

The key valuation ratios of Bajaj Housing Finance Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Bajaj Housing Finance share price return in the past 10 years?

Data is not available for this company

Is Bajaj Housing Finance a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bajaj Housing Finance Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Bajaj Housing Finance?

The latest standalone P/E ratio of Bajaj Housing Finance as of 20-Sep-2024 is 78.77.

What is the P/B ratio of Bajaj Housing Finance?

The latest standalone P/B ratio of Bajaj Housing Finance as of 20-Sep-2024 is 7.66.

Bajaj Housing Finance Ltd - Stock Valuation and Financial Performance

Name: Bajaj Housing Finance
Brand: Bajaj Housing Finance

BSE: 544252 | NSE: BAJAJHFL | Finance - Housing | Large Cap

Place order

Bajaj Housing Financ Share Price

₹163.74 3.63 2.27%
as on 20-Sep'24 16:01

10 Year X-Ray of Bajaj Housing Financ:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Operating Income (₹ Cr.)	0	0	3.1	124	1,149	2,646	3,160	3,767	5,665	7,617	7,617
YoY Gr. Rt. %	-	NA	NA	3866.5%	825.6%	130.3%	19.4%	19.2%	50.4%	34.5%	-
Adj EPS (₹ )	0	0	0	0.1	0.3	0.9	0.9	1.5	1.9	2.6	2.1
YoY Gr. Rt. %	-	NA	NA	NA	342.9%	177.4%	8.1%	55.9%	29%	38%	-
BVPS (₹ )	4.9	0	9.3	10	10.3	11.4	12.4	13.8	15.7	18.2	21.4
YoY Gr. Rt. %	-	-100%	NA	7.8%	3.1%	10.8%	8.1%	11.7%	13.4%	16.5%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	0	0.2	0.1	0.4	0.9	1.7	1.3	1.6	2.2	2.3	0

CAGR ⓘ

CAGR Colour Code Guide ⓘ


	9 Years	5 Years	3 Years	1 Years
Net Interest Income	NA	46%	34.1%	34.5%
Adj EPS	NA	52.8%	40.5%	38%
BVPS	15.6%	12.1%	13.9%	16.5%
Share Price	-	-	-	-

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Asset Quality Ratio	To view Asset Quality Ratio Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	0	0	0	0	0	0	0.2	0.1	0.1	0	-
Capitalization Ratio	To view Capitalization Ratio Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	0	0	0	0	0	0	0	0	0	0	-
Margins
Net Profit Margin (%)	0	0	3.8	8.2	9.6	15.9	14.3	18.8	22.2	22.7	22.7
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	0	0.2	0.1	1.1	4.2	9.1	7.8	11.1	14.6	15.2	9.7

Recent Performance Summary

Total Income has increased 34.08 CAGR in last 3 years

Net Profit has increased 40.51 CAGR in last 3 years

Return on Equity has declined versus last 3 years average to 10.50%

Total income growth is poor in last 4 quarters

Latest Financials - Bajaj Housing Finance Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.1	0.1
TTM Sales (₹ Cr.)	7,617	1,149
BVPS (₹.) ⓘ	21.4	0
Reserves (₹ Cr.) ⓘ	9,470	4,057
P/BV ⓘ	7.66	0.00
PE ⓘ	78.77	0.00

From the Market
52 Week Low / High (₹)	147.00 / 188.45
All Time Low / High (₹)	147.00 / 188.45
Market Cap (₹ Cr.)	1,36,365
Equity (₹ Cr.)	8,328.2
Face Value (₹)	10
Industry PE ⓘ	23.3

Management X-Ray of Bajaj Housing Financ:

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Valuation of Bajaj Housing Financ

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Bajaj Housing Financ

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	0	0	3	124	1,149	2,646	3,161	3,767	5,665	7,618
Interest Income	0	0	3	124	1,149	2,646	3,160	3,767	5,665	7,617
Other Income ⓘ	0	0	0	0	0	0	1	0	1	0
Expenditure ⓘ	0	0	3	114	1,007	2,079	2,548	2,807	3,965	5,456
Interest Expense ⓘ	0	0	0	47	685	1,618	1,968	2,157	3,213	4,695
Operating Expenses ⓘ	0	0	3	42	293	327	318	457	608	673
Provisions	0	0	0	25	29	135	263	193	144	88
Exceptional Items ⓘ	0	0	0	0	6	0	0	0	0	0
Profit Before Tax ⓘ	0	0	0	11	149	567	613	960	1,700	2,161
Taxes ⓘ	0	0	0	1	39	146	160	250	442	430
Profit After Tax	0	0	0	10	110	421	453	710	1,258	1,731
Adjusted EPS (₹)	0.0	0.0	0.0	0.1	0.3	0.9	0.9	1.5	1.9	2.6
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Equity Capital	25	25	325	1,550	3,658	5,585	6,032	6,741	10,503	12,234
Share Capital ⓘ	50	50	350	1,550	3,550	4,883	4,883	4,883	6,712	6,712
Reserves ⓘ	-25	-25	-25	0	108	702	1,149	1,858	3,791	5,521
Minority Interest	0	0	0	0	0	0	0	0	0	0
Long Term Borrowings	0	0	0	2,045	4,303	6,410	8,464	37,804	53,380	66,353
Current Liabilities	0	0	0	1,101	11,288	19,378	23,347	4,572	1,771	4,678
Trade Payables	0	0	0	36	45	48	42	75	119	140
Short term borrowings	0	0	0	886	10,931	19,228	23,130	3,997	583	3,570
Other Liabilities	0	0	0	-921	-10,976	-19,276	-23,172	-4,072	-702	-3,710
Total Liabilities ⓘ	25	25	325	4,697	19,250	31,372	37,843	49,117	65,654	83,264
Assets
Non Current Asset	12	12	14	6	45	107	90	48,168	64,427	82,238
Loan Asset	0	0	0	0	0	0	0	0	0	0
Other Non Current Asset ⓘ	12	12	14	6	45	107	90	48,168	64,427	82,238
Current Asset	13	13	311	4,691	19,205	31,265	37,754	948	1,227	1,026
Current Investment	12	12	310	1,007	1,756	2,508	3,266	0	0	0
Other Current Asset	1	1	0	3,684	17,449	28,757	34,488	948	1,227	1,026
Total Assets ⓘ	25	25	325	4,697	19,250	31,372	37,843	49,117	65,654	83,264

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	0	0	-3,370	-13,366	-10,244	-5,076	-12,481	-14,332	-15,428
Cash Flow From Investing Activity ⓘ	-11	-297	-634	-743	-694	-797	2,197	-611	273
Cash Flow From Financing Activity ⓘ	11	297	4,114	14,105	11,490	5,676	10,228	14,630	15,125
Net Cash Flow ⓘ	0	0	111	-4	552	-197	-55	-313	-30

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	0	0	0	0	0	1	1	1	2	3
DPS (₹)	0	0	0	0	0	0	0	0	0	0
BVPS (₹)	5	0	9	10	10	11	12	14	16	18
Performance Ratios
ROA (%)	0.0	0.2	0.1	0.4	0.9	1.7	1.3	1.6	2.2	2.3
ROE (%)	0.0	0.2	0.1	1.1	4.2	9.1	7.8	11.1	14.6	15.2
ROCE (%)	0.0	0.2	0.3	2.4	7.1	8.7	7.5	7.3	8.7	9.4
Valuation Parameters
Price/Book(x)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0

Bajaj Housing Finance Ltd Stock News

Bajaj Housing Finance Ltd FAQs

What is the share price of Bajaj Housing Financ?

Company share prices are keep on changing according to the market conditions. The closing price of Bajaj Housing Financ on 20-Sep-2024 16:01 is ₹163.7.

What is the market cap of Bajaj Housing Financ?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Sep-2024 16:01 the market cap of Bajaj Housing Financ stood at ₹1,36,365.1.

What is the P/E ratio of Bajaj Housing Financ?

The latest P/E ratio of Bajaj Housing Financ as of 20-Sep-2024 16:01 is 78.77.

What is the P/B ratio of Bajaj Housing Financ?

The latest P/B ratio of Bajaj Housing Financ as of 20-Sep-2024 16:01 is 7.66.

What is the 52-week high and low of Bajaj Housing Financ?

The 52-week high of Bajaj Housing Financ is ₹188.4 and the 52-week low is ₹147.0.

What is the TTM revenue of Bajaj Housing Financ?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bajaj Housing Financ is ₹7,617 ( Cr.) .

About Bajaj Housing Finance Ltd

Bajaj Housing Finance Limited was originally incorporated as ‘Bajaj Financial Solutions Limited’ at Pune, Maharashtra as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 13, 2008, issued by the Registrar of Companies, Maharashtra, at Pune (RoC) and was granted its certificate for commencement of business on September 24, 2008 by the RoC. Thereafter, the name of the Company was changed to ‘Bajaj Housing Finance Limited’ with a fresh certificate of incorporation dated November 14, 2014 issued by the Assistant Registrar of Companies, Pune.

The company is a non-deposit taking Housing Finance Company (HFC), registered with the National Housing Bank (NHB) since September 24, 2015, and engaged in mortgage lending since Fiscal 2018. It has been identified and categorized as an ‘Upper Layer’ NBFC (NBFC-UL) in India by the RBI since September 30, 2022, as part of its ‘Scale Based Regulations (SBR): A Revised Regulatory Framework for NBFCs’ dated October 22, 2021. It offers financial solutions tailored to individuals and corporate entities for the purchase and renovation of homes and commercial spaces. Its mortgage product suite is comprehensive and comprises (i) home loans; (ii) loans against property (LAP); (iii) lease rental discounting; and (iv) developer financing. Furthermore, its primary emphasis is on individual retail housing loans, complemented by a diversified collection of lease rental discounting and developer loans. Consequently its financial products cater to every customer segment, from individual homebuyers to large-scale developers

It is uses direct and indirect channels for origination of loans. For example, it sources direct business through strategic partnerships with developers, self-sourcing by customer engagement, leveraging leads from digital ecosystem and partnership with digital players. Under indirect sourcing channels, it originates business through a distribution network of intermediaries such as channel partners, aggregators, direct selling agents, third party agents and connectors. Simultaneously, a direct-to-customer (D2C) strategy empowers us to maintain control over the customer experience thereby enabling us to maintain consistency in its services while personalizing its customer experience. This hybrid model, leveraging both intermediaries and direct engagement with customers allows it to cater to various customer preferences and increase its market presence.

Business area of the company

The company is a non-deposit taking Housing Finance Company registered with the National Housing Bank, offering tailored financial solutions for purchasing and renovating residential and commercial properties. It has also been identified and categorized as an ‘Upper Layer’ NBFC by the RBI in India and its comprehensive mortgage products include home loans, loans against property, lease rental discounting and developer financing.

History and milestones

2018: The company commenced lending operations with a focus on salaried home loans.
2019: The total value of assets under its management reached Rs 15,000 crore.
2019: It adopted a hub-based model for underwriting salaried credit.
2019: It raised Rs 2,000 crore through two rounds of fund-raising by way of rights issue.
2020: The total value of assets under its management reached Rs 30,000 crore.
2020: It raised Rs 1,500 crore by way of rights issue.
2021: It began offering repo rate-linked home loans.
2021: It began intermediary sourcing for retail products.
2021: It developed B2C mobility app for digital sourcing.
2022: The total value of assets under its management reached Rs 50,000 crore.
2022: It introduced the ‘e-home loan sanction’ functionality.
2023: It was classified as an ‘NBFC-Upper Layer’ by the RBI.
2023: It introduced ‘e-agreement’ functionality.
2024: The total value of assets under its management reached Rs 91000 crore.
2024: It launched facility for online on boarding of customers
2024: it expanded its operations to focus on self-employed home loans
2024: The company launched ‘Sambhav Home Loans’ product in the affordable home loan segment.