BAJFINANCE

BAJAJ FINANCE

Large Cap BSE: 500034 NSE: BAJFINANCE
₹6675.75
-72 (-1.07%)
As on 04 December, 2022 | 03:54

Bajaj Finance Performance

Day Range

  • Low
  • High

52 Week Range

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

Start SIP in BAJAJ FINANCE

Start SIP

Bajaj Finance Share Price

Bajaj Finance Share Returns

  • Over 1 Month -6.71%
  • Over 3 Month -7.16%
  • Over 6 Month 10.2%
  • Over 1 Year -7.03%

Bajaj Finance Key Statistics

P/E Ratio 40.6
PEG Ratio 0.4
Market Cap Cr 404,169
Price to Book Ratio 9.2
EPS 105.2
Dividend 0.3
Relative Strength Index 34.69
Money Flow Index 30.14
MACD Signal -115.96
Average True Range 124.19

Bajaj Finance Investment Rating

  • Master Rating:
  • Bajaj Finance has an operating revenue of Rs. 36,408.47 Cr. on a trailing 12-month basis. An annual revenue growth of 19% is outstanding, Pre-tax margin of 30% is great, ROE of 16% is good. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 83 which is a GOOD score indicating consistency in earnings, a RS Rating of 36 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D- which indicates heavy supply, Group Rank of 96 indicates it belongs to a poor industry group of Finance-Consumer Loans and a Master Score of B is close to being the best. 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 Finance Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 8,3277,8437,3377,2296,5955,8125,934
Operating Expenses Qtr Cr 2,2462,1141,8531,8601,8251,1971,430
Operating Profit Qtr Cr 5,6515,2835,1004,6683,7442,9953,376
Depreciation Qtr Cr 1111029689888285
Interest Qtr Cr 2,2092,0061,9481,9721,8891,7641,723
Tax Qtr Cr 863820792676462307411
Net Profit Qtr Cr 2,4722,3562,2681,9341,3068431,161

Bajaj Finance Technicals

EMA & SMA

Current Price
6675.75
-72 (-1.07%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 6854.39
  • 50 Day
  • 6985.88
  • 100 Day
  • 6940.42
  • 200 Day
  • 6817.48
  • 20 Day
  • 6876.24
  • 50 Day
  • 7116.28
  • 100 Day
  • 7023.14
  • 200 Day
  • 6711.17

Bajaj Finance Resistance and Support

PIVOT
₹6741.59
Resistance
First Resistance 6776.17
Second Resistance 6804.59
Third Resistance 6839.17
RSI 34.69
MFI 30.14
MACD Single Line -115.96
MACD -119.83
Support
First Resistance 6713.17
Second Resistance 6678.59
Third Resistance 6650.17

Bajaj Finance Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,465,024 90,553,133 61.81
Week 1,064,876 60,357,183 56.68
1 Month 988,452 46,447,355 46.99
6 Month 1,228,719 44,307,591 36.06

Bajaj Finance Result Highlights

Bajaj Finance Synopsis

NSE-Finance-Consumer Loans

Bajaj Finance L belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 27864.28 Cr. and Equity Capital is Rs. 120.66 Cr. for the Year ended 31/03/2022. Bajaj Finance Ltd. is a Public Limited Listed company incorporated on 25/03/1987 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65910MH1987PLC042961 and registration number is 042961.
Market Cap 404,169
Sales 31,887
Shares in Float 26.64
No of funds 1102
Yield 0.3
Book Value 9.58
U/D Vol ratio 0.6
LTDebt / Equity 222
Alpha -0.06
Beta 1.45

Bajaj Finance

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 55.86%55.86%55.86%
Mutual Funds 8.72%8.4%8.08%
Insurance Companies 2.34%1.35%1.29%
Foreign Portfolio Investors 17.07%19.98%21.41%
Financial Institutions/ Banks 0.03%0.06%0.06%
Individual Investors 8.85%9.66%8.95%
Others 7.13%4.69%4.35%

Bajaj Finance Management

Name Designation
Mr. Sanjiv Bajaj Chairman
Mr. Rajeev Jain Managing Director
Ms. Radhika Haribhakti Director
Mr. Madhur Bajaj Director
Mr. Rajiv Bajaj Director
Mr. D J Balaji Rao Director
Dr. Naushad Forbes Director
Mr. Anami Roy Director
Mr. Pramit Jhaveri Director

Bajaj Finance Forecast

Price Estimates

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

Other Analyst Rating

Bajaj Finance Corporate Action

Date Purpose Remarks
2022-10-20 Quarterly Results
2022-07-27 Quarterly Results
2022-04-26 Audited Results & Dividend
2022-01-18 Quarterly Results & Others Inter alia, the Board will also consider the raising of funds by debt issue/issue of non-convertible debentures as a part of the proposed increase in the overall borrowing limit. per share(200%) Dividend
2021-10-26 Quarterly Results
Date Purpose Remarks
2022-07-01 FINAL Rs.20.00 per share(1000%)Dividend

Bajaj Finance MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 56730
HDFC Balanced Advantage Fund Growth 49709
UTI Nifty 50 Exchange Traded Fund 39494

About Company

Bajaj Finance Limited (BFL) is a subsidiary of Bajaj FinServ, an Indian non-banking financial company headquartered in Pune. Rahul Bajaj founded it, and it is a deposit-taking company registered with RBI. It is in the business of lending and accepting deposits. BFL caters to different sectors like auto, retail, SMEs etc. It accepts public and corporate deposits and offers a variety of financial services products to its customers. 

It focuses mainly on the following categories:

1. Consumer finance (finance required for lifestyle and digital products)
2. Digital products finance
3. EMI card & retail EMI
4. 2&3 wheeler finance
5. Personal loan and loan against FD
6. Gold and home loan
7. E-Commerce with Co-Branded credit card 

Its operations are spread across nine product lines, Bajaj Finance Ltd is focused on consumer, SME and commercial lines of business. BFL has a wide distribution network, as it is present in 1997 locations with 102600+ active points of sale.

The 32 year old NBFC is focused on affluent clients with a strategy to cross sell. It focuses on deposits acceptance and fee product distribution, the company is present in 944 urban locations and 951 rural locations in India with over more than 97,000 distribution points. It enjoys a large customer franchise of 38.70 MM with loans cross sell franchise of 22.78 MM.

 

Bajaj Finance History

 

On March 25th, 1987, a non-banking financial company with the main motive of financing two or three-wheelers was originally incorporated as Bajaj Auto Finance Limited. After successfully sustaining the competitive market for 11 years, BAFL launched its public issue of equity shares and was listed on NSE and BSE. Later it ventured into consumer durables finance and diversified its operations to business and property loans.

On 5th March 1998, it registered as a deemed public company in RBI as a Non-Bank Company. They kept opening their branches both in urban and rural settings of India. Later in 2004-2005, they opened Loan shops aspiring to enhance their direct marketing and create their brand awareness. Within a couple of years, they had around 113 branches all across the country. In 2010, the name was changed from BAFL to BFL, Bajaj finance limited. 

Further, they had an alliance with One Mobikwik Systems Private Limited which aided their business and strengthened their operations.

In 2017, it featured amongst the top 18 best employers in India 2017 by Aon Hewitt. It was also awarded as India’s leading NBFC, Non-Banking Financial Company and The Mint Corporate Strategy Award for excellence in corporate governance.

Presently the company has 294 consumer branches and 497 rural locations with more than 33000+ distribution points.

Bajaj Finance FAQs

What is Share Price of Bajaj Finance ?

Bajaj Finance share price is ₹6675 As on 04 December, 2022 | 03:40

What is the Market Cap of Bajaj Finance ?

The Market Cap of Bajaj Finance is ₹404169.4 Cr As on 04 December, 2022 | 03:40

What is the P/E ratio of Bajaj Finance ?

The P/E ratio of Bajaj Finance is 40.6 As on 04 December, 2022 | 03:40

What is the PB ratio of Bajaj Finance ?

The PB ratio of Bajaj Finance is 9.2 As on 04 December, 2022 | 03:40

Who owns Bajaj Finance?

Bajaj Group is the owner of Bajaj Finance.

What does Bajaj Finance do?

Bajaj Finance is classified as an NBFC-Investment and Credit Company by the RBI (NBFC-ICC). The Reserve Bank of India (RBI) classified the company as an Asset Finance Company. The company is in the lending and deposit-taking business. It has a diverse lending portfolio that includes retail, small and medium-sized enterprises, and commercial customers, and it has a strong presence in both urban and rural India.

What are the products of Bajaj Finance?

Bajaj Finance offers Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home Loans, Credit Cards, Two-wheeler, and Three-wheeler Loans, Construction Equipment Loans, Loan against Securities, and Rural Finance, which includes Gold Loans and Vehicle Refinancing Loans, as well as Fixed Deposits and Advisory Services, are some of the products offered by Bajaj Finance.

When was Bajaj Finance established?

Bajaj Finance was established on 30 April 2007.

What was Bajaj Finance IPO opening date and price?

Bajaj Finance IPO opened on Aug 2, 2010, in the price range of INR 630 to INR 660 per equity share.

How to buy Bajaj Finance shares?

Anyone who desires to buy Bajaj Finance shares can easily do so by opening a Demat account and completing your KYC formality online and offline.

What is the Future for Bajaj Finance share?

With a 5-year investment, the revenue is expected to be around +103.17%, and long term, we can take it above INR 14889.50.

What type of company is Bajaj Finance?

Bajaj Finance Limited is a deposit-taking Non-Banking Financial Company registered with the RBI. The company has a differentiated advancing portfolio across retail, SMEs and commercial customers with a noteworthy existence in urban and rural India.

Who is the founder of Bajaj Finance?

Bajaj Finance, the subsidiary of Bajaj Finserv, an Indian non-banking financial company headquartered in Pune, was founded by Rahul Bajaj.

Q2FY23