BAJFINANCE

Bajaj Finance Share Price Bajaj Finance

₹7,292.2
+172.7 (2.43%)
23 April, 2024 04:11 BSE: 500034 NSE: BAJFINANCEISIN: INE296A01024

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Bajaj Finance Performance

Day Range

  • Low 7,167
  • High 7,306
₹ 7,292

52 Week Range

  • Low 5,877
  • High 8,192
₹ 7,292
  • Open Price7,167
  • Previous Close7,120
  • Volume1165272

Bajaj Finance Share Price

  • Over 1 Month +8.58%
  • Over 3 Month -0.12%
  • Over 6 Month -6.14%
  • Over 1 Year +22.81%

Bajaj Finance Key Statistics

P/E Ratio 32.7
PEG Ratio 1.2
Market Cap Cr 451,385
Price to Book Ratio 8.3
EPS 166.4
Dividend 0.4
Relative Strength Index 63.16
Money Flow Index 58.09
MACD Signal 116.99
Average True Range 154.37
Bajaj Finance Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 11,85311,17510,4429,455
Operating Expenses Qtr Cr 2,7852,6642,5162,349
Operating Profit Qtr Cr 8,0687,6857,1596,565
Depreciation Qtr Cr 162145143123
Interest Qtr Cr 3,6183,3513,0132,614
Tax Qtr Cr 1,1141,0851,045992
Net Profit Qtr Cr 3,1773,1062,9592,837
IndicatorMar 2023
Total Revenue Annual Cr 35,687
Operating Expenses Annual Cr 12,076
Operating Profit Annual in Cr 23,605
Depreciation Cr 444
Interest Annual Cr 9,285
Tax Annual Cr 3,592
Net Profit Annual Cr 10,290
IndicatorMar 2023
Cash from Operating Activity Annual Cr -27,331
Cash from Investing Activity Annual Cr -12,372
Cash from Financing Annual Activity Cr 38,021
Net Cash Flow Annual Cr -1,682
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 51,493
Fixed Assets Annual Cr 2,226
Total Non Current Assets Annual Cr 3,438
Total Current Assets Annual Cr 213,087
Total Assets Annual Cr 216,525
IndicatorMar 2023
Book Value Per Share Annual Rs 852
ROE Annual % 20
ROCE Annual % 14
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 66
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 13,90313,14112,27311,095
Operating Expenses Qtr Cr 2,9802,8512,6982,518
Operating Profit Qtr Cr 9,9339,4508,8047,982
Depreciation Qtr Cr 176159156134
Interest Qtr Cr 4,8684,5374,1033,592
Tax Qtr Cr 1,2571,2071,1141,103
Net Profit Qtr Cr 3,6393,5513,4373,158
IndicatorMar 2023
Total Revenue Annual Cr 41,406
Operating Expenses Annual Cr 12,834
Operating Profit Annual in Cr 28,563
Depreciation Cr 485
Interest Annual Cr 12,560
Tax Annual Cr 4,020
Net Profit Annual Cr 11,508
IndicatorMar 2023
Cash from Operating Activity Annual Cr -42,140
Cash from Investing Activity Annual Cr -10,365
Cash from Financing Annual Activity Cr 50,675
Net Cash Flow Annual Cr -1,831
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 54,372
Fixed Assets Annual Cr 2,384
Total Non Current Assets Annual Cr 3,635
Total Current Assets Annual Cr 271,594
Total Assets Annual Cr 275,229
IndicatorMar 2023
Book Value Per Share Annual Rs 900
ROE Annual % 21
ROCE Annual % 15
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 69

Bajaj Finance Technicals

EMA & SMA

Current Price
₹7,292.2
+172.7 (2.43%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹7,040.83
  • 50 Day
  • ₹6,945.60
  • 100 Day
  • ₹7,006.55
  • 200 Day
  • ₹7,040.38
  • 20 Day
  • ₹7,084.91
  • 50 Day
  • ₹6,771.61
  • 100 Day
  • ₹7,034.00
  • 200 Day
  • ₹7,252.41

Bajaj Finance Resistance and Support

PIVOT
₹7,255.17
Resistance
First Resistance 7,343.03
Second Resistance 7,393.87
Third Resistance 7,481.73
RSI 63.16
MFI 58.09
MACD Single Line 116.99
MACD 104.72
Support
First Resistance 7,204.33
Second Resistance 7,116.47
Third Resistance 7,065.63

Bajaj Finance Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,247,841 68,394,165 54.81
Week 1,237,822 59,403,066 47.99
1 Month 1,267,838 61,680,310 48.65
6 Month 1,287,420 67,357,790 52.32

Bajaj Finance Result Highlights

Bajaj Finance Synopsis

NSE-Finance-Consumer Loans

Bajaj Finance L is involved in the business activities of Financial service activities, except insurance and pension funding. Company’s Total Operating Revenue is Rs. 35681.20 Cr. and Equity Capital is Rs. 120.89 Cr. for the Year ended 31/03/2023. 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 451,384
Sales 43,888
Shares in Float 27.85
No of funds 1204
Yield 0.42
Book Value 8.57
U/D Vol ratio 1.2
LTDebt / Equity 221
Alpha -0.02
Beta 0.82

Bajaj Finance

Owner NameMar-24Dec-23Nov-23Sep-23
Promoters 54.69%54.78%54.78%55.87%
Mutual Funds 9.56%9.83%9.49%9.1%
Insurance Companies 3.56%2.94%2.94%2.87%
Foreign Portfolio Investors 17.14%17.56%17.97%17.01%
Financial Institutions/ Banks 0.01%
Individual Investors 8.03%7.95%7.95%8.21%
Others 7.02%6.94%6.86%6.94%

Bajaj Finance Management

Name Designation
Mr. Sanjiv Bajaj Chairman
Mr. Rajeev Jain Managing Director
Mr. Anup Saha Executive Director
Mr. Rakesh Bhatt Executive Director
Dr. Naushad Forbes Director
Mr. Anami Roy Director
Mr. Pramit Jhaveri Director
Ms. Radhika Haribhakti Director
Mr. Rajiv Bajaj Director
Mr. D J Balaji Rao Director
Dr. Arindam Bhattacharya 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
2024-04-25 Audited Results & Final Dividend
2024-01-29 Quarterly Results & Others
2023-11-01 Issue of Warrants
2023-10-17 Quarterly Results
2023-07-26 Quarterly Results
Date Purpose Remarks
2023-06-30 FINAL Rs.30.00 per share(1500%)Final Dividend
2022-07-01 FINAL Rs.20.00 per share(1000%)Dividend

About Bajaj Finance

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.

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 ₹7,292 As on 23 April, 2024 | 03:57

What is the Market Cap of Bajaj Finance ?

The Market Cap of Bajaj Finance is ₹451384.5 Cr As on 23 April, 2024 | 03:57

What is the P/E ratio of Bajaj Finance ?

The P/E ratio of Bajaj Finance is 32.7 As on 23 April, 2024 | 03:57

What is the PB ratio of Bajaj Finance ?

The PB ratio of Bajaj Finance is 8.3 As on 23 April, 2024 | 03:57

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