Bajaj Finance
Market Cap
₹2.5t
Last Updated
2020/01/23 12:44 UTC
Data Sources
Company Financials +
Executive Summary
Bajaj Finance Limited operates as a non-banking financial company in India.
Rewards
Risk Analysis
Snowflake Analysis
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
Stable Share Price: 500034 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.1%
500034
-1.4%
IN Consumer Finance
-1.1%
IN Market
1 Year Return
56.9%
500034
35.0%
IN Consumer Finance
7.3%
IN Market
Return vs Industry: 500034 exceeded the Indian Consumer Finance industry which returned 35.3% over the past year.
Return vs Market: 500034 exceeded the Indian Market which returned 6.7% over the past year.
Shareholder returns
| 500034 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | -1.4% | -1.1% |
| 30 Day | -0.2% | 0.5% | 1.5% |
| 90 Day | 3.6% | 4.9% | 5.1% |
| 1 Year | 57.2%56.9% | 35.9%35.0% | 9.3%7.3% |
| 3 Year | 315.4%312.9% | 124.6%119.8% | 28.9%22.0% |
| 5 Year | 911.7%898.5% | 223.0%208.7% | 33.1%21.0% |
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 compared to its fair value and its price relative to the market?
48.27x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500034 (₹4206.2) is trading above our estimate of fair value (₹1134.74)
Significantly Below Fair Value: 500034 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500034 is poor value based on its PE Ratio (49.2x) compared to the Consumer Finance industry average (14.6x).
PE vs Market: 500034 is poor value based on its PE Ratio (49.2x) compared to the Indian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: 500034 is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: 500034 is overvalued based on its PB Ratio (11x) compared to the IN Consumer Finance industry average (0.7x).
Next Steps
Future Growth
How is Bajaj Finance forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
31.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500034's forecast earnings growth (25.6% per year) is above the savings rate (6.5%).
Earnings vs Market: 500034's earnings (25.6% per year) are forecast to grow faster than the Indian market (19.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500034's revenue (25.6% per year) is forecast to grow faster than the Indian market (11.3% per year).
High Growth Revenue: 500034's revenue (25.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500034's Return on Equity is forecast to be high in 3 years time (21.8%)
Next Steps
Past Performance
How has Bajaj Finance performed over the past 5 years?
29.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500034 has a high level of non-cash earnings.
Growing Profit Margin: 500034's current net profit margins (34.6%) are higher than last year (34.2%).
Past Earnings Growth Analysis
Earnings Trend: 500034's earnings have grown significantly by 29.4% per year over the past 5 years.
Accelerating Growth: 500034's earnings growth over the past year (46.3%) exceeds its 5-year average (29.4% per year).
Earnings vs Industry: 500034 earnings growth over the past year (46.3%) exceeded the Consumer Finance industry 17.3%.
Return on Equity
High ROE: Whilst 500034's Return on Equity (22.35%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Bajaj Finance's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: 500034 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 500034's debt is covered by short term assets (assets are 1.3x debt).
Financial Institutions Analysis
Asset Level: 500034's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 500034 has a sufficient allowance for bad loans.
Low Risk Liabilities: 500034 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 500034 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 500034 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 500034 has an appropriate level of bad loans.
Next Steps
Dividend
What is Bajaj Finance's current dividend yield, its reliability and sustainability?
0.14%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 500034's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: 500034's dividend (0.14%) is low compared to the top 25% of dividend payers in the Indian market (2.31%).
Stability and Growth of Payments
Stable Dividend: 500034 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 500034 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 500034 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500034's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
What is the CEO of Bajaj Finance's salary, the management and board of directors tenure and is there insider trading?
2.5yrs
Average management tenure
CEO
Rajeev Jain (49yo)
11.8yrs
Tenure
₹212,637,012
Compensation
Mr. Rajeev A. Jain is the Managing Director at Bajaj Housing Finance Ltd. He has been the Director at Bajaj Housing Finance Ltd. since November 10, 2014. He has been Managing Director and Executive Directo ...
CEO Compensation Analysis
Compensation vs Market: Rajeev's total compensation ($USD3.00M) is above average for companies of similar size in the Indian market ($USD1.12M).
Compensation vs Earnings: Rajeev's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.5yrs
Average Tenure
Experienced Management: 500034's management team is considered experienced (2.5 years average tenure).
Board Age and Tenure
12.7yrs
Average Tenure
70.5yo
Average Age
Experienced Board: 500034's board of directors are seasoned and experienced ( 12.7 years average tenure).
Insider Trading
Insider Buying: 500034 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹4,251.64 |
| Entity | Individual |
| Shares | 350 |
| Max Price | ₹3,980.00 |
| Entity | Individual |
| Shares | 600 |
| Max Price | ₹4,094.60 |
| Entity | Individual |
| Shares | 57,653 |
| Max Price | ₹4,033.09 |
| Entity | Individual |
| Shares | 7,000 |
| Max Price | ₹4,006.00 |
| Entity | Individual |
| Role | Senior Key Executive President of Consumer Business |
| Shares | 5,000 |
| Max Price | ₹4,050.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹4,070.00 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹4,039.42 |
| Entity | Individual |
| Shares | 205 |
| Max Price | ₹3,928.37 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | ₹4,000.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹4,000.00 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹3,893.23 |
| Entity | Individual |
| Shares | 7,000 |
| Max Price | ₹3,837.97 |
| Entity | Individual |
| Shares | 9,000 |
| Max Price | ₹3,917.68 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹3,421.33 |
| Entity | Individual |
| Shares | 6,500 |
| Max Price | ₹3,706.00 |
| Entity | Individual |
| Shares | 850 |
| Max Price | ₹3,343.03 |
| Entity | Individual |
| Shares | 1,515 |
| Max Price | ₹3,280.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 1,500 |
| Max Price | ₹3,333.61 |
| 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 |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 1,500 |
| Max Price | ₹3,217.43 |
| Entity | Individual |
| Shares | 458 |
| Max Price | ₹3,247.04 |
| 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 |
| Shares | 2,000 |
| Max Price | ₹3,567.50 |
| Entity | Individual |
| Role | Treasurer 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 | ₹3,524.76 |
| Entity | Individual |
| Shares | 250 |
| Max Price | ₹3,555.00 |
| Entity | Individual |
| Role | Senior Key Executive President of Collections & SME Business |
| Shares | 10 |
| Max Price | ₹3,518.12 |
| Entity | Individual |
| Role | Senior Key Executive 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 | Chief Financial Officer Chief Financial Officer |
| Shares | 2,800 |
| Max Price | ₹3,533.97 |
| Entity | Individual |
| Role | Treasurer Treasurer |
| Shares | 500 |
| Max Price | ₹3,537.78 |
| 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 |
| Role | Treasurer Treasurer |
| Shares | 1,700 |
| Max Price | ₹3,541.14 |
| Entity | Individual |
| Shares | 3,225 |
| Max Price | ₹3,399.04 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,530.00 |
| Entity | Individual |
| Role | Treasurer Treasurer |
| Shares | 1,925 |
| Max Price | ₹3,475.79 |
| Entity | Individual |
| Shares | 5,948 |
| Max Price | ₹3,412.51 |
| Entity | Individual |
| Role | Treasurer Treasurer |
| Shares | 1,725 |
| Max Price | ₹3,471.54 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹3,459.45 |
| Entity | Individual |
| Role | Unit CEO Chief Executive Officer of BHFL |
| Shares | 1,000 |
| Max Price | ₹3,470.00 |
| Entity | Individual |
| Shares | 29,950 |
| Max Price | ₹3,461.22 |
| Entity | Individual |
| Shares | 9,719 |
| Max Price | ₹3,500.00 |
| Entity | Individual |
| Shares | 2,200 |
| Max Price | ₹3,514.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,515.00 |
| Entity | Individual |
| Role | Unit CEO Chief Executive Officer of BHFL |
| Shares | 1,000 |
| Max Price | ₹3,515.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,444.00 |
| Entity | Individual |
| Role | Treasurer Treasurer |
| Shares | 511 |
| Max Price | ₹3,451.37 |
| Entity | Individual |
| Shares | 8,000 |
| Max Price | ₹3,508.33 |
| Entity | Individual |
| Shares | 700 |
| Max Price | ₹3,475.00 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹3,475.00 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹3,426.40 |
| Entity | Individual |
| Role | Unit CEO 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 | 7,780 |
| Max Price | ₹3,411.14 |
| Entity | Individual |
| Shares | 7,000 |
| Max Price | ₹3,024.61 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹3,058.50 |
| Entity | Individual |
| Role | Treasurer Treasurer |
| Shares | 3,600 |
| Max Price | ₹3,079.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹3,040.00 |
| Entity | Individual |
| Role | Treasurer Treasurer |
| Shares | 2,950 |
| Max Price | ₹3,023.80 |
| Entity | Individual |
| Shares | 3,400 |
| Max Price | ₹3,014.86 |
| Entity | Individual |
| Role | Unit CEO 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 Treasurer |
| Shares | 5,900 |
| Max Price | ₹2,981.12 |
| Entity | Individual |
| Role | Treasurer Treasurer |
| Shares | 3,650 |
| Max Price | ₹2,952.48 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹2,828.00 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹2,798.65 |
| 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 | 1,110 |
| Max Price | ₹2,720.00 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹2,720.00 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹2,678.52 |
| Entity | Individual |
| Role | Chief Executive Officer MD & Executive Director |
| Shares | 167,954 |
| Max Price | ₹2,608.55 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹2,620.00 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Rajeev Jain (49yo)
MD & Executive Director
- Tenure: 11.8yrs
- Compensation: ₹212.64m
Ashish Panchal (41yo)
President of Rural
- Tenure: 1yrs
Atul Jain
Chief Executive Officer of BHFL
M. Muralidharan
Treasurer
Deepak Bagati
President of Collections & SME Business
- Tenure: 2.5yrs
Sandeep Vijay Jain
Chief Financial Officer
- Tenure: 3.9yrs
- Compensation: ₹36.88m
Manish Jain
Business Head of Loan Against Security & Corporate Finance
Anup Saha
President of Consumer Business
- Tenure: 2.5yrs
Ramachandran Vijay
Company Secretary & Compliance Officer
- Tenure: 1.3yrs
- Compensation: ₹5.75m
Fakhari Sarjan
Chief Risk Officer
- Tenure: 0.5yrs
Board Members
Omkar Goswami (63yo)
Non-Executive Independent Director
- Tenure: 7.7yrs
- Compensation: ₹1.80m
Dipak Poddar (76yo)
Non-Executive Independent Director
- Tenure: 32.8yrs
- Compensation: ₹1.50m
Doveton Jagannathrao Rao (80yo)
Non-Executive Independent Director
- Tenure: 11.3yrs
- Compensation: ₹1.20m
Sanjiv Bajaj (50yo)
Non-Executive Vice Chairman
- Tenure: 7yrs
- Compensation: ₹2.55m
Rajiv Bajaj (53yo)
Non-Executive Director
- Tenure: 25.7yrs
- Compensation: ₹1.05m
Rahul Kumar Bajaj (81yo)
Non Executive Chairman
- Compensation: ₹1.35m
Rajeev Jain (49yo)
MD & Executive Director
- Tenure: 11.8yrs
- Compensation: ₹212.64m
Madhur Bajaj (67yo)
Non-Executive Director
- Tenure: 29.7yrs
- Compensation: ₹1.20m
Nanoo Pamnani (74yo)
Non-Executive Independent Vice Chairman
- Tenure: 12.7yrs
- Compensation: ₹20.55m
Ranjan Sanghi (75yo)
Non-Executive Independent Director
- Tenure: 32.8yrs
- Compensation: ₹1.95m
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: ₹2.482t
- Shares outstanding: 599.54m
- Website: https://www.bajajfinserv.in
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, loans against property, loans to chartered accountants. The company also invests in fixed deposits and mutual funds; and offers credit cards, insurance, and value added services. The company was formerly known as Bajaj Auto Finance Limited and changed its name to Bajaj Finance Limited in September 2010. The company was incorporated in 1987 and is based in Pune, India. Bajaj Finance Limited is a subsidiary of Bajaj Finserv Limited.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/23 12:44 |
| End of Day Share Price | 2020/01/23 00:00 |
| Earnings | 2019/09/30 |
| 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.