Is Bajaj Finserv a good quality company?

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

Is Bajaj Finserv undervalued or overvalued?

The key valuation ratios of Bajaj Finserv Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

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

Bajaj Finserv Ltd share price has appreciated 28.3% annually (CAGR) over the past ten years.

Is Bajaj Finserv a good buy now?

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

Bajaj Finserv Ltd - Stock Valuation and Financial Performance

Name: Bajaj Finserv
Brand: Bajaj Finserv

BSE: 532978 | NSE: BAJAJFINSV | Finance - Investment | Large Cap

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Bajaj Finserv Share Price

₹1,569.10 -21.10 -1.33%
as on 20-Dec'24 16:59

10 Year X-Ray of Bajaj Finserv:

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 ^P

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.)	7,587	20,533	24,507	32,862	42,604	54,833	60,591	68,406	82,071	1,10,382	70,857
YoY Gr. Rt. %	-	170.6%	19.4%	34.1%	29.6%	28.7%	10.5%	12.9%	20%	34.5%	-
Adj EPS (₹ )	10.6	11.7	14.2	16.7	20.2	21.2	28.1	28.6	40.3	51.1	53.2
YoY Gr. Rt. %	-	10.3%	21.4%	17.2%	21.5%	4.7%	32.7%	1.9%	40.7%	26.9%	-
BVPS (₹ )	69.7	85.4	101.4	128.4	148.7	195.8	223.7	250.5	288.4	374.6	427.9
YoY Gr. Rt. %	-	22.6%	18.7%	26.6%	15.8%	31.7%	14.2%	12%	15.1%	29.9%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	3	2.9	3	2.9	2.9	2.6	2.8	2.7	3.3	3.3	0

CAGR ⓘ

CAGR Colour Code Guide ⓘ


	9 Years	5 Years	3 Years	1 Years
Net Interest Income	34.7%	21%	22.1%	34.5%
Adj EPS	19.1%	20.4%	22.1%	26.9%
BVPS	20.6%	20.3%	18.8%	29.9%
Share Price	28.3%	11.1%	-0.3%	-6%

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
Margins
Net Profit Margin (%)	31.8	13.5	14.1	12.7	12.6	10.9	12.2	12.2	14.9	14.1	12
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	23.4	22.5	23.2	22.8	24.4	21.9	22.1	22	28.5	29.5	12.4

Recent Performance Summary

Total Income has increased 22.13 CAGR in last 3 years

Net Profit has increased 22.08 CAGR in last 3 years

Total income growth is good in last 4 quarters

Return on Equity has declined versus last 3 years average to 13.30%

Latest Financials - Bajaj Finserv Ltd.

	Standalone	Consolidated
TTM EPS (₹)	9.7	53.2
TTM Sales (₹ Cr.)	2,194	70,857
BVPS (₹.) ⓘ	52	427.9
Reserves (₹ Cr.) ⓘ	7,514	68,165
P/BV ⓘ	30.18	3.67
PE ⓘ	161.34	29.47

From the Market
52 Week Low / High (₹)	1419.00 / 2029.00
All Time Low / High (₹)	8.71 / 2029.00
Market Cap (₹ Cr.)	2,50,532
Equity (₹ Cr.)	159.7
Face Value (₹)	1
Industry PE ⓘ	45.3

Management X-Ray of Bajaj Finserv:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.01

* Pledged shares as % of Promoter's holding (%)

Valuation of Bajaj Finserv

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Bajaj Finserv

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	7,730	20,534	24,508	32,864	42,607	54,838	60,591	68,439	82,073	1,10,391
Interest Income	7,587	20,533	24,507	32,862	42,604	54,833	60,591	68,406	82,071	1,10,382
Other Income ⓘ	143	0	1	2	3	5	0	33	2	9
Expenditure ⓘ	4,484	16,730	19,583	26,765	34,452	46,536	50,729	57,168	65,262	89,016
Interest Expense ⓘ	2,230	2,877	3,716	4,531	6,657	9,500	9,274	9,629	12,380	18,607
Operating Expenses ⓘ	1,412	12,930	14,614	20,546	25,491	31,810	35,041	42,156	48,995	64,705
Provisions	843	923	1,253	1,689	2,304	5,227	6,414	5,382	3,887	5,705
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	3,246	3,804	4,925	6,099	8,155	8,302	9,862	11,271	16,811	21,375
Taxes ⓘ	837	1,029	1,475	1,922	2,781	2,308	2,495	2,957	4,602	5,780
Profit After Tax	2,409	2,775	3,450	4,176	5,374	5,994	7,367	8,314	12,210	15,595
Adjusted EPS (₹)	10.6	11.7	14.2	16.7	20.2	21.2	28.1	28.6	40.3	51.1
Dividend Payout Ratio (%)	2%	1%	1%	1%	1%	2%	1%	1%	2%	2%

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	11,089	13,599	16,150	20,483	23,740	31,301	35,830	40,247	46,407	60,329
Share Capital ⓘ	80	80	80	80	80	80	80	80	159	159
Reserves ⓘ	11,009	13,519	16,071	20,403	23,661	31,222	35,750	40,167	46,248	60,169
Minority Interest	4226	5877	7201	10774	12808	19560	22464	26073	31191	43447
Long Term Borrowings	34,556	44,003	55,026	52,870	45,642	59,706	64,502	85,080	1,01,135	1,29,047
Current Liabilities	38,111	40,140	49,812	76,619	1,25,553	1,39,931	1,56,422	1,81,368	2,25,753	3,04,079
Trade Payables	5,365	5,984	7,451	3,999	3,941	3,939	4,839	4,822	6,331	8,142
Short term borrowings	4,278	5,538	8,897	12,216	53,622	66,342	63,095	75,101	1,09,819	1,58,585
Other Liabilities	-9,643	-11,522	-16,348	-16,215	-57,562	-70,281	-67,934	-79,923	-1,16,150	-1,66,727
Total Liabilities ⓘ	87,982	1,03,618	1,28,190	1,60,746	2,07,743	2,50,499	2,79,218	3,32,768	4,04,486	5,36,901
Assets
Non Current Asset	49,125	59,336	70,540	1,45,969	1,86,692	2,18,457	2,45,742	3,07,696	3,73,283	4,92,270
Loan Asset	18,120	24,779	32,028	79,372	1,12,848	1,41,743	1,47,100	1,91,853	2,42,750	3,26,742
Other Non Current Asset ⓘ	31,005	34,557	38,512	66,598	73,844	76,714	98,643	1,15,843	1,30,534	1,65,528
Current Asset	38,857	44,282	57,650	14,776	21,051	32,042	33,476	25,072	31,202	44,631
Current Investment	3,725	5,819	10,416	4,860	10,303	18,808	18,705	7,602	10,869	9,295
Other Current Asset	35,132	38,463	47,234	9,917	10,748	13,234	14,771	17,469	20,333	35,336
Total Assets ⓘ	87,982	1,03,618	1,28,190	1,60,746	2,07,743	2,50,499	2,79,218	3,32,768	4,04,486	5,36,901

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-19,580	-27,076	-23,369	4,547	-33,670	-39,480	-68,674
Cash Flow From Investing Activity ⓘ	-922	-6,903	-9,948	-3,684	1,445	-13,945	-10,960
Cash Flow From Financing Activity ⓘ	19,590	34,535	34,479	1,687	32,326	51,016	82,709
Net Cash Flow ⓘ	-911	555	1,162	2,551	101	-2,409	3,075

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 (₹)	106	117	142	167	202	212	281	286	40	51
DPS (₹)	2	2	2	2	3	5	3	4	1	1
BVPS (₹)	697	854	1014	1284	1487	1958	2237	2505	288	375
Performance Ratios
ROA (%)	3.0	2.9	3.0	2.9	2.9	2.6	2.8	2.7	3.3	3.3
ROE (%)	23.4	22.5	23.2	22.8	24.4	21.9	22.1	22.0	28.5	29.5
ROCE (%)	16.5	15.4	15.2	14.1	14.1	12.7	11.9	11.5	12.7	13.2
Valuation Parameters
Price/Book(x)	2.0	2.0	4.0	4.0	4.7	2.3	4.3	6.8	4.4	4.4

Bajaj Finserv Ltd Stock News

Bajaj Finserv Ltd FAQs

What is the share price of Bajaj Finserv?

Company share prices are keep on changing according to the market conditions. The closing price of Bajaj Finserv on 20-Dec-2024 16:59 is ₹1,569.1.

What is the market cap of Bajaj Finserv?

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-Dec-2024 16:59 the market cap of Bajaj Finserv stood at ₹2,50,532.3.

What is the P/E ratio of Bajaj Finserv?

The latest P/E ratio of Bajaj Finserv as of 20-Dec-2024 16:59 is 161.3.

What is the P/B ratio of Bajaj Finserv?

The latest P/B ratio of Bajaj Finserv as of 20-Dec-2024 16:59 is 30.18.

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

The 52-week high of Bajaj Finserv is ₹2,029 and the 52-week low is ₹1,419.

What is the TTM revenue of Bajaj Finserv?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bajaj Finserv is ₹2,194 ( Cr.) .

About Bajaj Finserv Ltd

Bajaj Finserv (BFS) is the holding company under which there are three key financial sector businesses: (i) lending through Bajaj Finance (BFL), which is itself a listed company; (ii) general insurance, under Bajaj Allianz General Insurance Company (BAGIC); and (iii) life insurance, under Bajaj Allianz Life Insurance Company (BALIC). It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance and retirement and savings solutions. The insurance businesses are unlisted. In addition, there are wind farm assets in Maharashtra.

The company is a Core Investment Company (CIC) under the regulations of the Reserve Bank of India (RBI), not requiring registration with RBI. BFS and BFL adopted the Indian Accounting Standards (Ind AS) from 1 April 2018. Hence, the standalone and consolidated results of BFS for FY2019 are compliant with Ind AS. The financials for FY2018 have been restated to be Ind AS compliant and are, therefore, comparable.

Business area of the company

The company deals with financial services of the Bajaj Group. Its core businesses are spread across Lending, Insurance and Wealth Advisory.

Awards and Recognition

Sanjiv Bajaj, Managing Director & CEO, received the following awards:

Business World - India's Most Valuable CEOs in 2015 and 2016.
Bombay Management Association (BMA) - Entrepreneur of the Year Award 2015-16.
Ernst & Young - EY Entrepreneur of the Year Award 2017.
India Today- Top 50 Power List 2017-18.
Financial Express Best Banks Award 2019: Banker of the Year for 2017-18.
Asia Centre’s Leadership, Corporate Governance, Sustainability and CSR Awards: Transformation Leader Award (Large Cap Category) in 2018.
Entrepreneur of the Year India 2018 by AIMA.
Entrepreneur of the Year India 2018 by ET Awards, the most prestigious business awards in India.
Economic Times - ET Business Leader of the Year Award 2018.
Financial Express Best Banks Award: Banker of the Year 2019.
Entrepreneur of the Year India 2019 by All India Management Association (AIMA).

Key events:

FY09: Bajaj Finserv and Allianz Global investors sign shareholders agreement to set up an asset management joint venture company in India.
FY10: Bajaj Finserv (BFL) announces new brand identity and new businesses.
FY10: Bajaj Finserv forays into infrastructure Finance.
FY15: Bajaj Finserv is classified as a ‘core investment company’ as it does not have any public funds including deposits or borrowings.
FY15: Bajaj Allianz General Insurance Company Funds Maharashtra’s first dedicated multi-specialty Centre for Epilepsy care as part of its CSR.
FY15: Bajaj Finserv partners with SSBF as part of its CSR initiative.
FY20: Bajaj Group commits Rs 100 crore for the fight against covid-19.
FY20: Bajaj Finserv ties up with Narayana Nethralaya.
FY20: Bajaj Finserv offers honeymoon holiday cover.
FY20: Bajaj Finserv offers attractive discounts, coupon deals on Vivo Smartphones.
FY21: Bajaj Finserv launches a new health-tech venture - Bajaj Finserv Health.
FY21: Bajaj Finserv partners with Reliance Digital.