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Bajaj Finserv Ltd share Price Today

Company details

1,583.10
1,622.00
1,419.05
1,741.00
6M Return -4.87%
1Y Return 4.56%
Mkt Cap.(Cr) 253,387.59
Volume 2,058,302
Div Yield 0.06%
OI
-
OI Chg %
-
Volume 2,058,302
NSE

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Steady performance; insurance segment bit volatile…
About The Stock

    Bajaj Finserv (Finserv) is a financial conglomerate with a holding in the financing business (Bajaj Finance), life insurance (Bajaj Life Insurance) and general insurance (Bajaj General Insurance) business.

    • Consistent, faster business growth and profitability remain in focus
Q4FY23

    Healthy performance in the lending business.

    • Consolidated topline growth came in at 25.3% YoY to ₹ 23625 crore
    • AUM up 25% YoY to ₹ 247379 crore; PAT jump led by contained provision
    • GWP up 14% YoY to ₹ 3765 crore; PAT down 30% YoY to ₹ 322 crore
    • Life insurance premium grew 13% YoY, renewal premium was healthy

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Industrial Machinery company Bajaj Finserv announced consolidated Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Total Income: For Q4FY24, the consolidated total income was Rs 32,042 crore, showing a 36% increase from Rs 23,625 crore in the previous year.
  • Profit After Tax (PAT): The consolidated profit after tax was at Rs 2,119 crore, marking a rise of 20% against last year's Rs 1,769.

FY24 Financial Highlights:

  • Total Income: For FY24, the consolidated total income hit an all-time high of Rs 110,383 crore, showing a 34% increase from Rs 82,072 crore in the previous year.
  • Profit After Tax (PAT): The consolidated profit after tax also reached a record of Rs 8,148 crore, marking a rise of 27% against last year's Rs 6,417 crore.
  • BFL's consolidated assets under management (AUM) crossed Rs 3,30,000 crore.
  • BAGIC became the 3rd largest general insurer, measured by gross direct premium, overtaking three public sector insurers of long vintage during the year.
  • BALIC's AUM crossed Rs 1,00,000 crore.
  • Bajaj Finserv Asset Management Ltd. received encouraging response to its mutual fund schemes. with assets under management (AUM) of Rs 9,552 crore in the first year of launch.

Result PDF

View Other Company Results

Bajaj Finserv Ltd shares SWOT Analysis

Strengths (5)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Company reducing Debt
  • Increasing Revenue every quarter for the past 3 quarters

Weakness (1)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years

Opportunity (1)

  • Results Screener: Stocks with upcoming results which are seeing positive shifts in share price

Threats (2)

  • Increasing Trend in Non-Core Income
  • Increase in Provisions in Recent Results
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Resistance and support

R1 1,612.4
R2 1,636.7
R3 1,651.3
Pivot

1,597.75

S1 1,573.5
S2 1,558.9
S3 1,534.6
EMA SMA
1,584.2
1,588.2
1,595.9
1,588.3
1,571.4
1,587.1
1,597.6
1,609.5
Delivery and volume
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CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BACHHRAJ & CO PRIVATE LIMITED Block Purchase 2024-02-14 1582 1426965 NSE
RISHAB FAMILY TRUST Block Sell 2024-02-14 1582 982250 NSE
RAJIVNAYAN BAJAJ Block Sell 2024-02-14 1582 320590 NSE
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Name Category Shares
BAJAJ HOLDINGS AND INVESTMENT LIMITED PROMOTER 39.06%
JAMNALAL SONS PRIVATE LIMITED PROMOTER 9.71%
MAHARASHTRA SCOOTERS LTD PROMOTER 2.38%
BAJAJ SEVASHRAM PRIVATE LIMITED PROMOTER 1.67%
BACHHRAJ AND COMPANY PRIVATE LIMITED PROMOTER 1.35%
BACHHRAJ FACTORIES PRIVATE LIMITED PROMOTER 0.68%
BARODA INDUSTRIES PRIVATE LIMITED PROMOTER 0.58%

OUR RESEARCH VIEW

Investment recommendation
Steady performance; insurance segment bit volatile…
Call Date
02 May 2023
Entry Price 1,360.00
Target Price 1,600.00
Duration
12-18 Month
BUY View Report
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FINANCIALS

Sales
Operating Profit
Profit after Tax
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Equity
Reserves and Surplus
Debt
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Sales
Operating Profit
Profit after Tax
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PE
Debt/Equity
P BV
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Bajaj Finserv Ltd Stocks COMPARISON

Financials( ₹ in Cr) Bajaj Finserv Ltd Bajaj Finance Ltd Jio Financial Services Ltd Indian Railway Finance Corporation Ltd Power Finance Corporation Ltd
Price 1,588.15 7,115.55 358.15 173.81 485.10
% Change -0.93 -0.71 1.29 0.37 1.12
Mcap ₹ Cr 253,387.59 440,449.70 227,542.87 227,143.70 160,087.95
Revenue TTM ₹ Cr 110,382.29 54,971.56 44.84 23,891.95 77,568.30
Net Profit TTM ₹ Cr 15,595.36 14,451.17 31.25 6,337.01 21,178.59
PE TTM 31.12 30.46 141.54 35.39 8.10
1 Year Return 4.56 1.37 43.89 432.34 191.74
ROCE 13.15 11.92 0.03 5.32 9.38
ROE 29.22 22.05 0.02 14.66 27.18
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INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 60,328.64 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,542.69 26,564.54
LAST 3M 107,300.08 -872.81
LAST 6M 187,950.75 839.71
LAST 12M 304,454.24 86,051.23
Bajaj Finserv Limited - Updates

Jun 28, 2024 l NSE Announcement

Bajaj Finserv to declare Quarterly Result

Jun 24, 2024 l BSE Announcement

Bajaj Finserv Limited - Board Meeting

Jun 24, 2024 l NSE Announcement

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Date Action Type Ratio
Jun 21, 2024 Dividend 100
Jun 30, 2023 Dividend 80
Sep 13, 2022 Split 1:5
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Bajaj Finserv Ltd Information

Stock PE (TTM)
31.12
Promoter Holding
60.69%
Book Value
377.8439
ROCE
13.15%
ROE
29.22%
Description

  • Bajaj Finserv Ltd (BFL) is a financial sector company with a market capitalization of Rs 238881.22 crore as of 19 August ‘2021. At the end of March 2020, it registered annual revenue of INR 60,591 Crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned number code 532978 and scrip code BAJAJFINSV. As of 18 August 2021, Bajaj finserv Ltd is trading at Rs. 15,006.25.

    Bajaj Finserv is a non-banking financing company that offers various financial services through its network of subsidiary companies. The company is providing solutions for financing, Assets protection, Income protection through life insurance.

    Under the RBI circular on 13 August 2016, BFL registered as an unregistered investment company. Hence 90% of its net assets are invested in group companies, out of which 60% shall be in the form of equity investment. As per an annual report of the financial year 2020-21, BFL has 52.74% in listed entity bajaj finance ltd (Listed on BSE and NSE) and Bajaj housing finance limited, which is 100% subsidiary of Bajaj Finance Ltd. The company owns a 74% ownership in two insurance entities, Bajaj Allianz general insurance company ltd and Bajaj Allianz life insurance company ltd, and Allianz owns the remaining stake. BFL has incorporated “Bajaj financial securities” a wholly-owned subsidiary ltd for broking business. The company has also invested in windmill projects (138 mills) with an install capacity of 65.2 MW. To increase its digital presence, the company has invested in Bajaj finserv health ltd and launched a mobile care app to create a digital preventive and pre-health solution to connect with service providers. Request for Assets Management Company (AMC) license, BFL has already applied to SEBI. Bajaj finance ltd has capital to risk-weighted asset ratio of 28.31% on 31 March 2021. The company also develops five apps: EMI stores, Insurance marketplace, Investment marketplace BFL health, and broking app. It has also received approval to set up its own wallet business and develop a bajaj pay for merchants. BFL expanded its operations to 2988 locations through 1,10,300 points of sale.

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Registered Address

Bajaj Auto Ltd Complex, Mumbai-Pune Road Akurdi, Pune, Maharashtra, 411035

Tel : 91-20-6610 7458
Email : sonal.tiwari:bajajfinserv.in; investors:bajajfinse
Website : http://www.bajajfinserv.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Apr
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 532978
NSE Code : BAJAJFINSV
Book Closure Date (Month) :
BSE Group : A
ISIN : INE918I01026

FAQ’s on Bajaj Finserv Ltd Shares

You can buy Bajaj Finserv Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bajaj Finserv Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:59 PM the closing price of Bajaj Finserv Ltd was Rs.1,588.15.

The latest PE ratio of Bajaj Finserv Ltd as of Jun 28, 2024 03:59 PM is 31.12

The latest PB ratio of Bajaj Finserv Ltd as of Jun 28, 2024 03:59 PM is 0.24

The 52-week high of Bajaj Finserv Ltd share price is Rs. 1,741.00 while the 52-week low is Rs. 1,419.05

According to analyst recommendations, Bajaj Finserv Ltd Share has a "Buy" rating for the long term.

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 Jun 28, 2024 03:59 PM, the market cap of Bajaj Finserv Ltd stood at Rs. 253,387.59 Cr.

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