BAJFINANCE

Bajaj Finance Share PriceBajaj Finance

₹7,307.6
-83.6 (-1.13%)
As on 11 December, 2023 | 01:23 BSE: 500034 NSE: BAJFINANCEISIN: INE296A01024

Bajaj Finance Performance

Day Range

  • Low 7,274.00
  • High 7,398.10
₹ 7,307.6

52 Week Range

  • Low 5,485.70
  • High 8,192.00
₹ 7,307.6
  • Open Price7,390.55
  • Previous Close7,391.20
  • Volume1144388

Start SIP in Bajaj Finance

Start SIP

Bajaj Finance Share Price

  • Over 1 Month -2.04%
  • Over 3 Month -1.39%
  • Over 6 Month 4.24%
  • Over 1 Year 11.02%

Bajaj Finance Key Statistics

P/E Ratio 34.4
PEG Ratio 1.1
Market Cap Cr 451,627
Price to Book Ratio 8.3
EPS 166.6
Dividend 0.4
Relative Strength Index 48.4
Money Flow Index 35.29
MACD Signal -82.93
Average True Range 141.25

Bajaj Finance Investment Rating

  • Master Rating:
  • Bajaj Finance has an operating revenue of Rs. 48,019.96 Cr. on a trailing 12-month basis. An annual revenue growth of 31% is outstanding, Pre-tax margin of 38% is great, ROE of 21% is exceptional. 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. It is currently FORMING a base in its weekly chart and is trading around 10% 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 35 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D- which indicates heavy supply, Group Rank of 126 indicates it belongs to a poor industry group of Finance-Consumer Loans 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 Finance Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 11,17510,4429,4558,9548,3277,8437,337
Operating Expenses Qtr Cr 2,6642,5162,3492,2992,2462,1141,853
Operating Profit Qtr Cr 7,6857,1596,5656,1035,6515,2835,100
Depreciation Qtr Cr 14514312310811110296
Interest Qtr Cr 3,3513,0132,6142,4562,2092,0061,948
Tax Qtr Cr 1,0851,045992916863820792
Net Profit Qtr Cr 3,1062,9592,8372,6242,4722,3562,268
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 35,68727,871
Operating Expenses Annual Cr 12,07611,357
Operating Profit Annual in Cr 23,60516,507
Depreciation Cr 444355
Interest Annual Cr 9,2857,573
Tax Annual Cr 3,5922,236
Net Profit Annual Cr 10,2906,350
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -27,331-23,795
Cash from Investing Activity Annual Cr -12,3723,807
Cash from Financing Annual Activity Cr 38,02121,515
Net Cash Flow Annual Cr -1,6821,527
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 51,49342,056
Fixed Assets Annual Cr 2,2261,631
Total Non Current Assets Annual Cr 3,4382,864
Total Current Assets Annual Cr 213,087165,152
Total Assets Annual Cr 216,525168,016
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 852697
ROE Annual % 2015
ROCE Annual % 1412
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 6659
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 13,14112,27311,09510,5219,6918,9798,347
Operating Expenses Qtr Cr 2,8512,6982,5182,4632,3942,2691,996
Operating Profit Qtr Cr 9,4508,8047,9827,4806,8406,2585,929
Depreciation Qtr Cr 159156134119121111104
Interest Qtr Cr 4,5374,1033,5923,3512,9712,6452,563
Tax Qtr Cr 1,2071,1141,1031,039972907846
Net Profit Qtr Cr 3,5513,4373,1582,9732,7812,5962,420
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 41,40631,640
Operating Expenses Annual Cr 12,83412,004
Operating Profit Annual in Cr 28,56319,629
Depreciation Cr 485385
Interest Annual Cr 12,5609,748
Tax Annual Cr 4,0202,476
Net Profit Annual Cr 11,5087,028
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -42,140-37,029
Cash from Investing Activity Annual Cr -10,3656,347
Cash from Financing Annual Activity Cr 50,67532,240
Net Cash Flow Annual Cr -1,8311,558
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 54,37243,713
Fixed Assets Annual Cr 2,3841,747
Total Non Current Assets Annual Cr 3,6353,047
Total Current Assets Annual Cr 271,594209,458
Total Assets Annual Cr 275,229212,505
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 900725
ROE Annual % 2116
ROCE Annual % 1512
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 6962

Bajaj Finance Technicals

EMA & SMA

Current Price
₹7,307.6
-83.6 (-1.13%)
pointer
  • Bullish Moving Average
  • ___
  • 6
  • Bearish Moving Average
  • ___
  • 10
  • 20 Day
  • ₹7,308.89
  • 50 Day
  • ₹7,400.34
  • 100 Day
  • ₹7,351.73
  • 200 Day
  • ₹7,150.11
  • 20 Day
  • ₹7,249.36
  • 50 Day
  • ₹7,555.12
  • 100 Day
  • ₹7,438.38
  • 200 Day
  • ₹6,977.78

Bajaj Finance Resistance and Support

PIVOT
₹7,326.57
Resistance
First Resistance 7,379.13
Second Resistance 7,450.67
Third Resistance 7,503.23
RSI 48.40
MFI 35.29
MACD Single Line -82.93
MACD -41.09
Support
First Resistance 7,255.03
Second Resistance 7,202.47
Third Resistance 7,130.93

Bajaj Finance Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,199,350 77,873,796 64.93
Week 1,058,697 55,327,495 52.26
1 Month 1,242,824 60,774,077 48.9
6 Month 1,019,932 45,152,392 44.27

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 451,626
Sales 41,002
Shares in Float 27.81
No of funds 1182
Yield 0.41
Book Value 8.58
U/D Vol ratio 0.6
LTDebt / Equity 221
Alpha
Beta 0.94

Bajaj Finance

Owner NameNov-23Sep-23Jun-23Mar-23
Promoters 54.78%55.87%55.87%55.91%
Mutual Funds 9.49%9.1%9.15%9.26%
Insurance Companies 2.94%2.87%2.59%2.64%
Foreign Portfolio Investors 17.97%17.01%16.68%15.7%
Financial Institutions/ Banks 0.01%0.03%0.03%
Individual Investors 7.95%8.21%8.68%9.35%
Others 6.86%6.94%7%7.11%

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
2023-11-01 Issue of Warrants
2023-10-17 Quarterly Results
2023-07-26 Quarterly Results
2023-04-26 Audited Results & Final Dividend
2023-01-27 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

Bajaj Finance MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
SBI S&P BSE Sensex ETF 95,207
HDFC Balanced Advantage Fund Growth 63,981
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59,302
ICICI Prudential Balanced Advantage Fund Growth 49,871

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 ₹7,307 As on 11 December, 2023 | 01:09

What is the Market Cap of Bajaj Finance ?

The Market Cap of Bajaj Finance is ₹451626.6 Cr As on 11 December, 2023 | 01:09

What is the P/E ratio of Bajaj Finance ?

The P/E ratio of Bajaj Finance is 34.4 As on 11 December, 2023 | 01:09

What is the PB ratio of Bajaj Finance ?

The PB ratio of Bajaj Finance is 8.3 As on 11 December, 2023 | 01:09

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