BAJAJFINSV

BAJAJ FINSERV

Large Cap BSE: 532978 NSE: BAJAJFINSV
₹1638.8
12.3 (0.76%)
  • Advice
  • Hold
As on 02 December, 2022 | 00:54

Bajaj Finserv Performance

Day Range

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  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Bajaj Finserv Share Price

Bajaj Finserv Share Returns

  • Over 1 Month -4.11%
  • Over 3 Month -5.85%
  • Over 6 Month 30.1%
  • Over 1 Year -5.72%

Bajaj Finserv Key Statistics

P/E Ratio 47.7
PEG Ratio 1.6
Market Cap Cr 261,031
Price to Book Ratio 3.9
EPS 2.5
Dividend 0
Relative Strength Index 43.1
Money Flow Index 27.03
MACD Signal -13.71
Average True Range 34.57

Bajaj Finserv Investment Rating

  • Master Rating:
  • Bajaj Finserv has an operating revenue of Rs. 73,139.89 Cr. on a trailing 12-month basis. An annual revenue growth of 13% is good, Pre-tax margin of 16% is great, ROE of 11% is good. The stock from a technical standpoint is trading below to its 50DMA and around 7% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 15% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 92 which is a GREAT score indicating consistency in earnings, a RS Rating of 43 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 56 indicates it belongs to a fair industry group of Insurance-Brokers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bajaj Finserv Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 6713413022234923251
Operating Expenses Qtr Cr 46442845493936
Operating Profit Qtr Cr 6252972177300-16215
Depreciation Qtr Cr 1111111
Interest Qtr Cr 0000000
Tax Qtr Cr 1577945778062
Net Profit Qtr Cr 485233171692380169

Bajaj Finserv Technicals

EMA & SMA

Current Price
1638.8
12.3 (0.76%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 1663.11
  • 50 Day
  • 1664.79
  • 100 Day
  • 1624.62
  • 200 Day
  • 1518.47
  • 20 Day
  • 1681.96
  • 50 Day
  • 1690.86
  • 100 Day
  • 1604.98
  • 200 Day
  • 1517.32

Bajaj Finserv Resistance and Support

PIVOT
₹1631.49
Resistance
First Resistance 1639.67
Second Resistance 1652.84
Third Resistance 1661.02
RSI 43.1
MFI 27.03
MACD Single Line -13.71
MACD -18.57
Support
First Resistance 1618.32
Second Resistance 1610.14
Third Resistance 1596.97

Bajaj Finserv Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,218,749 130,639,941 58.88
Week 2,008,300 121,803,407 60.65
1 Month 2,272,808 109,003,853 47.96
6 Month 1,341,192 50,361,764 37.55

Bajaj Finserv Result Highlights

Bajaj Finserv Synopsis

NSE-Insurance-Brokers

Bajaj Finserv Ltd. is involved in the business activities of Trusts, funds and other financial vehicles. Company’s Total Operating Revenue is Rs. 623.83 Cr. and Equity Capital is Rs. 79.57 Cr. for the Year ended 31/03/2022. Bajaj Finserv Ltd. is a Public Limited Listed company incorporated on 30/04/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65923PN2007PLC130075 and registration number is 130075.
Market Cap 261,031
Sales 1,264
Shares in Float 62.12
No of funds 719
Yield 0.24
Book Value 59.7
U/D Vol ratio 0.8
LTDebt / Equity
Alpha -0.06
Beta 1.36

Bajaj Finserv

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 60.75%60.8%60.77%
Mutual Funds 3.85%4.42%3.97%
Insurance Companies 2.25%1.82%1.74%
Foreign Portfolio Investors 7.21%7.38%8.5%
Financial Institutions/ Banks 0.06%0.06%0.05%
Individual Investors 11.95%16.75%16.46%
Others 13.93%8.77%8.51%

Bajaj Finserv Management

Name Designation
Mrs. Radhika Haribhakti Director
Mr. Sanjiv Bajaj Chairman & Managing Director
Mr. Madhur Bajaj Director
Mr. Rajiv Bajaj Director
Mr. D J Balaji Rao Director
Mr. Pramit Jhaveri Director
Dr. Naushad Forbes Director
Mr. Anami N Roy Director
Mr. Manish Kejriwal Director

Bajaj Finserv Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bajaj Finserv Corporate Action

Date Purpose Remarks
2022-10-21 Quarterly Results
2022-07-28 Quarterly Results, Bonus & Stock Split
2022-04-28 Audited Results & Dividend
2022-01-20 Quarterly Results
2021-10-28 Quarterly Results
Date Purpose Remarks
2022-07-01 FINAL Rs.4.00 per share(80%)Dividend
Date Purpose Remarks
2022-09-14 Bonus Re.0.00 issue of equity shares in the ratio of 1:1 of Re. 1/-.
Date Purpose Remarks
2022-09-14 Split Rs.0.00 split from Rs. 5/- to Re. 1/-.

Bajaj Finserv MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
UTI Nifty 50 Exchange Traded Fund 39494
Axis Bluechip Fund Growth 36871
Axis Long Term Equity Fund Growth 31624

About Company

Bajaj Finserv Limited is a non-banking financial services firm based in Pune, India. It is mostly concerned with loans, asset management, wealth management, and insurance.

Bajaj Finserv Limited (BFS) is the holding company for the Bajaj Group's different financial services operations. It provides asset acquisition solutions through financing, general insurance, family protection and income protection in the form of life and health insurance, and retirement and savings solutions to millions of consumers in the financial services industry. 

History of Bajaj Finserv Ltd.

On March 25, 1987, Bajaj Auto Finance Limited was established as a non-banking financial organisation primarily offering two and three-wheeler finance. Bajaj Auto Lending Ltd launched its initial public offering of equity shares after 11 years in the auto finance business. It was listed on the Bombay Stock Exchange and the National Stock Exchange of India. Around the turn of the twentieth century, the firm entered the consumer durables finance market and began issuing small-size loans at zero interest rates. Bajaj Auto Finance expanded into company and property loans in the following years.

The company's assets under management surpassed INR 1,000 crore in 2006 and are now at INR 52,332 crore. The company's registered name was changed from Bajaj Auto Finance Limited to Bajaj Finance Limited in 2010. As of March 2022, the corporation specialises in consumer credit, SME lending, commercial lending, rural lending, deposits, and wealth management.

In addition, it has 294 consumer branches and 497 rural locations, and approximately 33,000 distribution outlets. In the second quarter of fiscal 2017, the company recorded a pre-tax profit of INR 626 crores and a post-tax profit of INR 408 crores, with a ROA of 0.8% and an ROE of 5.1%.

Bajaj Finserv Limited, the parent firm, owns 57.28% of the total shares and controls the subsidiary Bajaj Finance Ltd. Maharashtra Scooters Limited, the Government of Singapore, Smallcap World Fund INC, and AXIS Long Term Equity Fund are other important investors.

Subsidiaries

Bajaj Finserv Ltd. has various subsidiaries like Bajaj Fin, Bajaj Allianz Life Insurance, Bajaj Allianz General Insurance,  Bajaj Allianz Financial Distributors Ltd., Bajaj Finserv Health Ltd., etc. Two of them are explained below :

Bajaj Allianz Life Insurance is a collaboration of Bajaj Finserv and Allianz SE. As one of India's private insurance businesses, it provides insurance solutions for financial planning and security. On August 3, 2001, the company got a certificate of registration from the Insurance Regulatory and Development Authority (IRDA) to conduct a life insurance business in India.

Bajaj Allianz General Insurance is an Indian private general insurance firm. Another collaboration between Bajaj Finserv Limited and Allianz SE. It is based in Pune and has offices in over 200 Indian cities, with over 3,500 workers as of 2018.

Market Insights

BFS owns 55.13% of Bajaj Finance Limited (BFL) and 74% of Bajaj Allianz General Insurance Company Limited (BAGIC) and Bajaj Allianz Life Insurance Company Limited (BAALI) (BALIC). Apart from financial services, BFS is also involved in wind energy generating, with 138 windmills in Maharashtra with a total installed capacity of 65.2 MW. Bajaj Finance Ltd (formerly known as Bajaj Auto Finance Ltd) is a Non-Banking Finance Company specialising in consumer loans, SME financing, commercial lending, and wealth management.

BAGIC is a joint venture between BFS and Allianz SE Germany in the general insurance sector. With over 88 million retail and corporate customers, the Allianz Group is one of the world's biggest insurers and asset managers. BFS owns 74% of BAGIC, with Allianz SE owning the remaining 26%. BALIC is a joint venture between BFS and Allianz SE in the life insurance industry. BFS owns 74% of BALIC, with Allianz SE owning the remaining 26%. Bajaj Finserv was founded on April 30, 2007, as a separate corporation from Bajaj Auto Limited, focusing only on the group's financial services sector.

CSR Activities

The Bajaj Group addresses community needs through social investments, launching long-term programs in health, education, the environment, women's empowerment, infrastructure, rural development, community development, and disaster relief.

● Education for Autistic and Slow  learner Children
● Community-based management of  Disability -  Childhood to  Livelihood
● Tree Plantation
● Support for nonformal centres
● Healthy  Motherhood,  Healthy Childhood, and targeting the  Hardcore Poor
● Addressing issues of child protection  and Nutrition
● Holistic Nutrition  Support to  Underprivileged  Children Afflicted  with Cancer
● Comprehensive  Tribal Model  Village  Development  Program
● Operation and  shelter for  children of quarry  workers
● Equipping  vulnerable  families with  adequate means  to provide for  their children

Bajaj Finserv's Areas of Business

Consumer Finance and Lending

● BFS is involved in the finance business through Bajaj Finance Ltd. (BFL), a firm that is listed on The Stock Exchange of Mumbai (the BSE) and the National Stock Exchange (NSE).

● BFL, for its part, has a 100% subsidiary — Bajaj Housing Finance Ltd. ('BHFL' or 'Bajaj Housing') — that is registered as a Housing Finance Company (HFC) with the National Housing Bank (NHB) for its mortgage operations.

● In FY2020, BFL launched its brokerage operations through its 100% subsidiary, Bajaj Financial Securities Ltd. ('BFinsec').

● Bajaj Finserv had a 52.74% stake in BFL at the end of the fiscal year.

Protection and Savings

● These are handled by I Bajaj Allianz General Insurance Company Ltd. (BAGIC) for general insurance, which includes health insurance, and (ii) Bajaj Allianz Life Insurance Company Ltd. (BALIC) for life insurance and retirement plans. Both BAGIC and BALIC are unlisted joint ventures with Allianz SE, one of the world's largest composite insurers.

● Both insurance businesses will celebrate their twentieth anniversary in March 2021.

● As of March 31 2021, Bajaj Finserv held 74% of the equity capital in both BAGIC and BALIC, with the balance being held by Allianz.

● BFL is also involved in the savings market through its fixed deposits vertical.

Bajaj Finserv FAQs

What is Share Price of Bajaj Finserv ?

Bajaj Finserv share price is ₹1638 As on 02 December, 2022 | 00:40

What is the Market Cap of Bajaj Finserv ?

The Market Cap of Bajaj Finserv is ₹261030.6 Cr As on 02 December, 2022 | 00:40

What is the P/E ratio of Bajaj Finserv ?

The P/E ratio of Bajaj Finserv is 47.7 As on 02 December, 2022 | 00:40

What is the PB ratio of Bajaj Finserv ?

The PB ratio of Bajaj Finserv is 3.9 As on 02 December, 2022 | 00:40

What is the stock price CAGR of Bajaj Finserv?

The stock price CAGR of Bajaj Finserv for 10 Years is 44%, 5 Years is 42%, 3 Years is 45%, and 1 Year is 100%.

What does Bajaj Finserv do?

Bajaj Finserv Limited is an Indian financial services company that specialises in lending, asset management, wealth management, and insurance. It is a part of Bajaj Holdings & Investments Limited.

What is unique about Bajaj Finance?

Bajaj Finserv provides personalized and inexpensive financing to assist you to meet a variety of business demands. This choice is convenient and hassle-free, with low-interest rates, flexible repayment options, and excellent customer service, and will help you increase the profitability of your business.

Is Bajaj Finserv a good investment?

Bajaj Finserv has a trailing 12-month operating revenue of INR 63,303.08 Cr. Annual revenue growth of 11% is good, the pre-tax margin of 16% is excellent, and ROE of 12% is good. The fact that institutional holdings increased in the most recent quarter is a good sign.

How to buy Bajaj Finserv Ltd shares?

You can easily buy the shares of Bajaj Finserv Ltd by registering at 5Paisa and setting up a Demat Account in your name.

What is the Return of Equity on shares of Bajaj Finserv Ltd for the past 1 year?

The Return on Equity on shares of Bajaj Finserv Ltd has been 12% for the past 1 year.

What is the outlook for the Bajaj Finserv share?

This month's BajajFinserv trend is positive, which means that BajajFinserv target projections on the upside have a stronger possibility. This month's BajajFinserv objectives are 14098.06, 17848.92 on the upside and 11769.94, 11381.92 on the downside.

Q2FY23