Bajaj Finance
Market Cap
₹1.9t
Last Updated
2019/08/17 12:42 UTC
Data Sources
Company Financials +
Executive Summary
Bajaj Finance Limited operates as a non-banking financial company in India.
Snowflake
Fundamentals
Exceptional growth potential with proven track record.
Similar Companies
Share Price & News
How has Bajaj Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-2.3%
BSE:500034
-1.8%
IN Consumer Finance
-0.7%
IN Market
1 Year Return
17.0%
BSE:500034
0.5%
IN Consumer Finance
-12.1%
IN Market
500034 outperformed the Consumer Finance industry which returned 0.2% over the past year.
500034 outperformed the Market in India which returned -12.1% over the past year.
Share holder returns
| 500034 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | -1.8% | -0.7% |
| 30 Day | -3.7% | -4.1% | -4.6% |
| 90 Day | 1.1% | -1.2% | -4.3% |
| 1 Year | 17.2%17.0% | 1.1%0.5% | -10.3%-12.1% |
| 3 Year | 230.1%228.1% | 64.9%61.4% | 18.9%12.8% |
| 5 Year | 1326.5%1308.0% | 246.0%229.7% | 37.6%24.7% |
Price Volatility Vs. Market
How volatile is Bajaj Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
How Do Analysts See Bajaj Finance Limited (BOM:500034) Performing In The Next Couple Of Years?Valuation
Is Bajaj Finance undervalued based on future cash flows and its price relative to the stock market?
44.2x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Bajaj Finance's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Bajaj Finance's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Bajaj Finance is overvalued based on earnings compared to the IN Consumer Finance industry average.
Bajaj Finance is overvalued based on earnings compared to the India market.
Price Based on Expected Growth
Bajaj Finance is poor value based on expected growth next year.
Price Based on Value of Assets
Bajaj Finance is overvalued based on assets compared to the IN Consumer Finance industry average.
Next Steps
Future Growth
How is Bajaj Finance expected to perform in the next 1 to 3 years based on estimates from 20 analysts?
22.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Bajaj Finance's revenue is expected to grow significantly at over 20% yearly.
Bajaj Finance's earnings are expected to grow significantly at over 20% yearly.
Bajaj Finance's revenue growth is expected to exceed the India market average.
Bajaj Finance's earnings growth is expected to exceed the India market average.
Bajaj Finance's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Earnings per Share Growth Estimates
Future Return on Equity
Bajaj Finance is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Next Steps
Past Performance
How has Bajaj Finance performed over the past 5 years?
30.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Bajaj Finance has delivered over 20% year on year earnings growth in the past 5 years.
Bajaj Finance's 1-year earnings growth exceeds its 5-year average (42.8% vs 30.5%)
Bajaj Finance's earnings growth has exceeded the IN Consumer Finance industry average in the past year (42.8% vs 12.9%).
Return on Equity
Whilst Bajaj Finance has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
Return on Assets
Bajaj Finance used its assets more efficiently than the IN Consumer Finance industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Bajaj Finance improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is Bajaj Finance's financial position?
Financial Position Analysis
Bajaj Finance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Bajaj Finance's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Bajaj Finance's level of debt (455.5%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (495.5% vs 455.5% today).
Operating cash flow is negative therefore debt is not well covered.
Unable to confirm if the interest payments on Bajaj Finance's debt are well covered by earnings due to lack of past financial data.
Balance Sheet
Low level of unsold assets.
Debt is covered by short term assets, assets are 1.4x debt.
Next Steps
Dividend
What is Bajaj Finance's current dividend yield, its reliability and sustainability?
0.33%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Bajaj Finance's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.63%).
Bajaj Finance's dividend is below the markets top 25% of dividend payers in India (2.52%).
Bajaj Finance is not paying a notable dividend for India, therefore no need to check if the payments are stable.
Bajaj Finance is not paying a notable dividend for India, therefore no need to check if the payments are increasing.
Current Payout to Shareholders
No need to calculate the sustainability of Bajaj Finance's dividends as it is not paying a notable one for India.
Future Payout to Shareholders
Dividends after 3 years are expected to be thoroughly covered by earnings (10.3x coverage).
Next Steps
Management
What is the CEO of Bajaj Finance's salary, the management and board of directors tenure and is there insider trading?
2.1yrs
Average management tenure
CEO
Rajeev Jain (49yo)
11.3yrs
Tenure
₹212,637,012
Compensation
Mr. Rajeev A. Jain has been Managing Director and Executive Director of Bajaj Finance Limited since April 1, 2015. Mr. Jain served as the Chief Executive Officer of Bajaj Finserv Limited. He served as the ...
CEO Compensation Analysis
Rajeev's remuneration is higher than average for companies of similar size in India.
Rajeev's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
2.1yrs
Average Tenure
The tenure for the Bajaj Finance management team is about average.
Board Age and Tenure
12.3yrs
Average Tenure
70.5yo
Average Age
The average tenure for the Bajaj Finance board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
Bajaj Finance individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 12,685 |
| Max Price | ₹3,258.43 |
| Entity | Individual |
| Shares | 34,390 |
| Max Price | ₹3,211.32 |
| Entity | Individual |
| Shares | 8,000 |
| Max Price | ₹3,300.00 |
| Entity | Individual |
| Shares | 458 |
| Max Price | ₹3,247.04 |
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 1,500 |
| Max Price | ₹3,217.43 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹3,205.86 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹3,280.00 |
| Entity | Individual |
| Shares | 5,735 |
| Max Price | ₹3,685.00 |
| Entity | Individual |
| Shares | 8,300 |
| Max Price | ₹3,567.10 |
| Entity | Individual |
| Shares | 1,550 |
| Max Price | ₹3,576.00 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹3,584.00 |
| Entity | Individual |
| Shares | 11,100 |
| Max Price | ₹3,540.52 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 3,050 |
| Max Price | ₹3,563.40 |
| Entity | Individual |
| Shares | 13,000 |
| Max Price | ₹3,558.81 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹3,567.50 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹3,524.76 |
| Entity | Individual |
| Shares | 250 |
| Max Price | ₹3,555.00 |
| Entity | Individual |
| Role | President of Collections & SME Business |
| Shares | 10 |
| Max Price | ₹3,518.12 |
| Entity | Individual |
| Role | President of Collections & SME Business |
| Shares | 4,050 |
| Max Price | ₹3,518.12 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,550.00 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 500 |
| Max Price | ₹3,537.78 |
| Entity | Individual |
| Role | Chief Financial Officer |
| Shares | 2,800 |
| Max Price | ₹3,533.97 |
| Entity | Individual |
| Shares | 29,923 |
| Max Price | ₹3,533.30 |
| Entity | Individual |
| Shares | 49,934 |
| Max Price | ₹3,522.26 |
| Entity | Individual |
| Shares | 2,350 |
| Max Price | ₹3,541.00 |
| Entity | Individual |
| Shares | 3,225 |
| Max Price | ₹3,399.04 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 1,700 |
| Max Price | ₹3,541.14 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,530.00 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 1,925 |
| Max Price | ₹3,475.79 |
| Entity | Individual |
| Shares | 5,948 |
| Max Price | ₹3,412.51 |
| Entity | Individual |
| Role | Chief Executive Officer of BHFL |
| Shares | 1,000 |
| Max Price | ₹3,470.00 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹3,459.45 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 1,725 |
| Max Price | ₹3,471.54 |
| Entity | Individual |
| Shares | 29,950 |
| Max Price | ₹3,461.22 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 511 |
| Max Price | ₹3,451.37 |
| Entity | Individual |
| Shares | 2,200 |
| Max Price | ₹3,514.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,515.00 |
| Entity | Individual |
| Role | Chief Executive Officer of BHFL |
| Shares | 1,000 |
| Max Price | ₹3,515.00 |
| Entity | Individual |
| Shares | 9,719 |
| Max Price | ₹3,500.00 |
| Entity | Individual |
| Shares | 8,000 |
| Max Price | ₹3,508.33 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,444.00 |
| Entity | Individual |
| Role | Chief Executive Officer of BHFL |
| Shares | 5,000 |
| Max Price | ₹3,480.00 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹3,412.05 |
| Entity | Individual |
| Shares | 700 |
| Max Price | ₹3,475.00 |
| Entity | Individual |
| Shares | 7,780 |
| Max Price | ₹3,411.14 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹3,426.40 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹3,475.00 |
| Entity | Individual |
| Shares | 7,000 |
| Max Price | ₹3,024.61 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹3,058.50 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 3,600 |
| Max Price | ₹3,079.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,040.00 |
| Entity | Individual |
| Shares | 3,400 |
| Max Price | ₹3,014.86 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 2,950 |
| Max Price | ₹3,023.80 |
| Entity | Individual |
| Role | Chief Executive Officer of BHFL |
| Shares | 9,000 |
| Max Price | ₹2,936.67 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | ₹3,002.00 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 5,900 |
| Max Price | ₹2,981.12 |
| Entity | Individual |
| Role | Treasurer |
| Shares | 3,650 |
| Max Price | ₹2,952.48 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹2,798.65 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹2,828.00 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | ₹2,795.00 |
| Entity | Individual |
| Shares | 2,572 |
| Max Price | ₹2,655.00 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | ₹2,595.00 |
| Entity | Individual |
| Shares | 1,200 |
| Max Price | ₹2,632.04 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹2,720.00 |
| Entity | Individual |
| Shares | 1,110 |
| Max Price | ₹2,720.00 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹2,678.52 |
| Entity | Individual |
| Role | MD & Executive Director Member of the Board of Directors |
| Shares | 167,954 |
| Max Price | ₹2,608.55 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹2,620.00 |
| Entity | Individual |
| Shares | 500 |
| Max Price | ₹2,652.30 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹2,625.00 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹2,585.00 |
| Entity | Individual |
| Role | Chief Executive Officer of BHFL |
| Shares | 3,500 |
| Max Price | ₹2,582.00 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹2,568.75 |
| Entity | Individual |
| Shares | 500 |
| Max Price | ₹2,525.00 |
| Entity | Individual |
| Role | Chief Executive Officer of BHFL |
| Shares | 3,000 |
| Max Price | ₹2,525.00 |
| Entity | Individual |
| Shares | 686 |
| Max Price | ₹2,380.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹2,450.00 |
| Entity | Individual |
| Shares | 100 |
| Max Price | ₹2,420.00 |
| Entity | Individual |
| Shares | 500 |
| Max Price | ₹2,356.01 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹2,401.00 |
| Entity | Individual |
| Shares | 550 |
| Max Price | ₹2,574.74 |
| Entity | Individual |
| Role | Chief Executive Officer of BHFL |
| Shares | 47,000 |
| Max Price | ₹2,946.81 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹2,973.59 |
| Entity | Individual |
| Role | President of Collections & SME Business |
| Shares | 2,550 |
| Max Price | ₹2,941.18 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹2,950.00 |
| Entity | Individual |
| Role | Chief Executive Officer of BHFL |
| Shares | 23,800 |
| Max Price | ₹2,934.43 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹2,932.50 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹2,905.71 |
Ownership Breakdown
Management Team
Rajeev Jain (49yo)
MD & Executive Director
- Tenure: 11.3yrs
- Compensation: ₹212.64m
Manish Jain
Business Head of Loan Against Security & Corporate Finance
Fakhari Sarjan
Chief Risk Officer
- Tenure: 0.1yrs
Deepak Bagati
President of Collections & SME Business
- Tenure: 2.1yrs
Anup Saha
President of Consumer Business
- Tenure: 2.1yrs
Ramachandran Vijay
Company Secretary & Compliance Officer
- Tenure: 0.8yrs
- Compensation: ₹5.75m
Ashish Panchal (41yo)
President of Rural
- Tenure: 0.6yrs
Atul Jain
Chief Executive Officer of BHFL
Sandeep Vijay Jain
Chief Financial Officer
- Tenure: 3.5yrs
- Compensation: ₹36.88m
M. Muralidharan
Treasurer
Board Members
Rajeev Jain (49yo)
MD & Executive Director
- Tenure: 4.3yrs
- Compensation: ₹212.64m
Doveton Jagannathrao Rao (80yo)
Non-Executive Independent Director
- Tenure: 10.8yrs
- Compensation: ₹1.20m
Ranjan Sanghi (75yo)
Non-Executive Independent Director
- Tenure: 32.4yrs
- Compensation: ₹1.95m
Sanjiv Bajaj (50yo)
Non-Executive Vice Chairman
- Tenure: 6.6yrs
- Compensation: ₹2.55m
Rajiv Bajaj (53yo)
Non-Executive Director
- Tenure: 25.3yrs
- Compensation: ₹1.05m
Nanoo Pamnani (74yo)
Non-Executive Independent Vice Chairman
- Tenure: 12.3yrs
- Compensation: ₹20.55m
Omkar Goswami (63yo)
Non-Executive Independent Director
- Tenure: 7.3yrs
- Compensation: ₹1.80m
Dipak Kumar Poddar (76yo)
Non-Executive Independent Director
- Tenure: 32.4yrs
- Compensation: ₹1.50m
Rahul Kumar Bajaj (81yo)
Non Executive Chairman
- Compensation: ₹1.35m
Madhur Bajaj (67yo)
Non-Executive Director
- Tenure: 29.3yrs
- Compensation: ₹1.20m
Company Information
Bajaj Finance Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bajaj Finance Limited
- Ticker: 500034
- Exchange: BSE
- Founded: 1987
- Industry: consumer finance
- Sector: diversified financials
- Market Cap: ₹1.925t
- Shares outstanding: 576.87m
- Website: Click here
Number of Employees
Location
- Bajaj Finance Limited
- Bajaj Finserv Corporate Office
- 4th Floor
- Pune
- Maharashtra
- 411 014
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500034 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jun 2000 |
| BAJFINANCE | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jun 2000 |
Biography
Bajaj Finance Limited operates as a non-banking financial company in India. It offers personal loans, business loans, home loans, loans for doctors, loans against fixed deposit, pre-owned vehicle finance, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/17 12:42 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.