Bajaj Finance Limited operates as a non-banking financial company in India.
Bajaj Finance Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹7,710.20|
|52 Week High||₹3,236.65|
|52 Week Low||₹8,050.00|
|1 Month Change||-1.07%|
|3 Month Change||24.74%|
|1 Year Change||132.45%|
|3 Year Change||229.65%|
|5 Year Change||618.87%|
|Change since IPO||161,201.26%|
Recent News & Updates
|BAJFINANCE||IN Consumer Finance||IN Market|
Return vs Industry: BAJFINANCE exceeded the Indian Consumer Finance industry which returned 88.5% over the past year.
Return vs Market: BAJFINANCE exceeded the Indian Market which returned 62.6% over the past year.
Stable Share Price: BAJFINANCE is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BAJFINANCE's weekly volatility (3%) has been stable over the past year.
About the Company
Bajaj Finance Limited operates as a non-banking financial company in India. The company offers consumer durable, lifestyle, lifecare, digital product, two and three wheeler, developer, used car, medical equipment, vendor, light engineering, specialty chemicals, financial institution, corporate, and warehouse finance services; IPO and margin trading finance, trading account, depository, and HNI and retail broking services; personal, gold, home, business, working capital, secured enterprise, and professional loans; and loan against fixed deposits, shares, properties, and securities. It also provides life, general, and health insurance, as well as pocket insurance products; extended warranty, e-commerce, and lease rental discounting services; financial fitness reports; and EMI cards, and co-branded credit cards and wallets, as well as offers investment services, such as systematic deposit plan, fixed and term deposits, and mutual funds.
Bajaj Finance Fundamentals Summary
|BAJFINANCE fundamental statistics|
Is BAJFINANCE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BAJFINANCE income statement (TTM)|
|Cost of Revenue||₹14.28b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||74.14|
|Net Profit Margin||25.34%|
How did BAJFINANCE perform over the long term?See historical performance and comparison
0.1%Current Dividend Yield
Is Bajaj Finance undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BAJFINANCE (₹7710.2) is trading above our estimate of fair value (₹1182.46)
Significantly Below Fair Value: BAJFINANCE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BAJFINANCE is poor value based on its PE Ratio (104x) compared to the Indian Consumer Finance industry average (23.3x).
PE vs Market: BAJFINANCE is poor value based on its PE Ratio (104x) compared to the Indian market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: BAJFINANCE is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: BAJFINANCE is overvalued based on its PB Ratio (12.6x) compared to the IN Consumer Finance industry average (0.9x).
How is Bajaj Finance forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BAJFINANCE's forecast earnings growth (25% per year) is above the savings rate (6.7%).
Earnings vs Market: BAJFINANCE's earnings (25% per year) are forecast to grow faster than the Indian market (19.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BAJFINANCE's revenue (20.6% per year) is forecast to grow faster than the Indian market (12.8% per year).
High Growth Revenue: BAJFINANCE's revenue (20.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BAJFINANCE's Return on Equity is forecast to be high in 3 years time (21.2%)
How has Bajaj Finance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAJFINANCE has high quality earnings.
Growing Profit Margin: BAJFINANCE's current net profit margins (25.3%) are lower than last year (29%).
Past Earnings Growth Analysis
Earnings Trend: BAJFINANCE's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: BAJFINANCE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BAJFINANCE had negative earnings growth (-11.3%) over the past year, making it difficult to compare to the Consumer Finance industry average (5.7%).
Return on Equity
High ROE: BAJFINANCE's Return on Equity (12.1%) is considered low.
How is Bajaj Finance's financial position?
Financial Position Analysis
Short Term Liabilities: BAJFINANCE's short term assets (₹1,681.1B) exceed its short term liabilities (₹567.6B).
Long Term Liabilities: BAJFINANCE's short term assets (₹1,681.1B) exceed its long term liabilities (₹778.5B).
Debt to Equity History and Analysis
Debt Level: BAJFINANCE's debt to equity ratio (288%) is considered high.
Reducing Debt: BAJFINANCE's debt to equity ratio has reduced from 506.2% to 288% over the past 5 years.
Debt Coverage: BAJFINANCE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BAJFINANCE's interest payments on its debt are well covered by EBIT.
What is Bajaj Finance current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BAJFINANCE's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: BAJFINANCE's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).
Stability and Growth of Payments
Stable Dividend: BAJFINANCE is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: BAJFINANCE 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: BAJFINANCE is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BAJFINANCE's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rajeev Jain (51 yo)
Mr. Rajeev A. Jain is the Managing Director at Bajaj Housing Finance Ltd. He has been a Director at Bajaj Housing Finance Ltd. since November 10, 2014.He has been Managing Director and Executive Director...
CEO Compensation Analysis
Compensation vs Market: Rajeev's total compensation ($USD4.46M) is above average for companies of similar size in the Indian market ($USD1.13M).
Compensation vs Earnings: Rajeev's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: BAJFINANCE's management team is considered experienced (4.3 years average tenure).
Experienced Board: BAJFINANCE's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BAJFINANCE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bajaj Finance Limited's employee growth, exchange listings and data sources
- Name: Bajaj Finance Limited
- Ticker: BAJFINANCE
- Exchange: NSEI
- Founded: 1987
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: ₹4.654t
- Shares outstanding: 601.57m
- Website: https://www.bajajfinserv.in/corporate-bajaj-finance
Number of Employees
- Bajaj Finance Limited
- Panchshil Tech Park
- 3rd Floor
- 411 014
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:33|
|End of Day Share Price||2021/10/22 00:00|
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.