Bajaj Finance Full Year 2024 Earnings: EPS Beats Expectations

Bajaj Finance (NSE:BAJFINANCE) Full Year 2024 Results

Key Financial Results

• Revenue: ₹316.3b (up 23% from FY 2023).
• Net income: ₹144.5b (up 26% from FY 2023).
• Profit margin: 46% (in line with FY 2023).
• EPS: ₹237 (up from ₹191 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bajaj Finance EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%.

In the last 12 months, the only revenue segment was Financing contributing ₹316.3b. Explore how BAJFINANCE's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Consumer Finance industry in India.

Performance of the Indian Consumer Finance industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Bajaj Finance has 4 warning signs (and 2 which are a bit concerning) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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