Bajaj Finserv Ltd
BAJAJFINSVBajaj Finserv Ltd
BAJAJFINSVPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
35.83 | 2.88 | 0.05% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
18.06 | 2.52 | 0.78% |
Forecast & Ratings
Detailed Forecast from 10 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Bajaj Finserv Limited is a holding company whose subsidiaries are engaged in the business of financial services, insurance and wealth management.
Peers
Compare with peersÂLife Insurance Corporation Of India
SBI Life Insurance Company Ltd
HDFC Life Insurance Company Ltd
ICICI Prudential Life Insurance Company Ltd
ICICI Lombard General Insurance Company Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 20,533.62 | 24,507.72 | 32,863.95 | 42,606.93 | 54,352.13 | 60,591.57 | 68,438.98 | 82,073.20 | 1,10,391.09 | 1,18,590.86 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 95,407.95 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
Employee Cost | 768.04 | 1,000.73 | 2,744.83 | 3,801.77 | 4,755.11 | 4,698.34 | 6,559.58 | 8,767.15 | 10,360.95 | |||||||||||
Selling & Administrative Expenses | 547.41 | 691.40 | 3,227.68 | 21,463.23 | 26,597.91 | 29,844.42 | 35,033.93 | 39,549.74 | 53,443.43 | |||||||||||
Operating & Other expenses | 15,356.40 | 17,818.43 | 20,632.84 | 8,961.10 | 14,240.66 | 15,688.01 | 15,012.16 | 16,267.38 | 24,311.55 | |||||||||||
EBITDA | 3,861.77 | 4,997.16 | 6,258.60 | 8,380.83 | 8,758.45 | 10,360.80 | 11,833.31 | 17,488.93 | 22,275.16 | 23,182.91 | ||||||||||
Depreciation/Amortization | 57.72 | 72.63 | 159.89 | 226.09 | 456.79 | 498.46 | 562.73 | 677.80 | 900.13 | 964.84 | ||||||||||
PBIT | 3,804.05 | 4,924.53 | 6,098.71 | 8,154.74 | 8,301.66 | 9,862.34 | 11,270.58 | 16,811.13 | 21,375.03 | 22,218.07 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | 3,804.05 | 4,924.53 | 6,098.71 | 8,154.74 | 8,301.66 | 9,862.34 | 11,270.58 | 16,811.13 | 21,375.03 | 22,218.07 | ||||||||||
Taxes & Other Items | 1,940.78 | 2,662.61 | 3,448.45 | 4,935.70 | 4,932.53 | 5,391.88 | 6,713.81 | 10,393.85 | 13,227.24 | 13,875.21 | ||||||||||
Net Income | 1,863.27 | 2,261.92 | 2,650.26 | 3,219.04 | 3,369.13 | 4,470.46 | 4,556.77 | 6,417.28 | 8,147.79 | 8,342.86 | ||||||||||
EPS | 11.71 | 14.21 | 16.65 | 20.23 | 21.17 | 28.09 | 28.63 | 40.31 | 51.14 | 52.33 | ||||||||||
DPS | 0.18 | 0.18 | 0.18 | 0.25 | 0.50 | 0.30 | 0.40 | 0.80 | 1.00 | 1.80 | ||||||||||
Payout ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 |
Company Updates
Annual report
PDFPeers & Comparison
FinancialsInsurance
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Bajaj Finserv Ltd | 36.69 | 2.88 | 0.05% |
Life Insurance Corporation Of India | 14.92 | 7.36 | 1.04% |
SBI Life Insurance Company Ltd | 91.77 | 11.66 | 0.16% |
HDFC Life Insurance Company Ltd | 98.92 | 10.62 | 0.28% |
Price Comparison
Compare BAJAJFINSV with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Bajaj Finserv Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
ICICI Prudential Multi-Asset Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4703% | Percentage of the fund’s portfolio invested in the stock 2.80% | Change in the portfolio weight of the stock over the last 3 months 1.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/199 (+10) |
ICICI Prudential Large & Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3064% | Percentage of the fund’s portfolio invested in the stock 5.55% | Change in the portfolio weight of the stock over the last 3 months 2.58% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 1/114 (+5) |
ICICI Prudential Value Discovery Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2792% | Percentage of the fund’s portfolio invested in the stock 1.64% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 50/93 (0) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.05%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.53 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 21, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Jun 21, 2024
Cash Dividend
Ex DateEx DateJun 30, 2023
Dividend/Share
₹0.80
Ex DateEx Date
Jun 30, 2023
Cash Dividend
Ex DateEx DateJun 30, 2022
Dividend/Share
₹4.00
Ex DateEx Date
Jun 30, 2022
Cash Dividend
Ex DateEx DateJul 8, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Jul 8, 2021
Cash Dividend
Ex DateEx DateMar 3, 2020
Dividend/Share
₹5.00
Ex DateEx Date
Mar 3, 2020
The key equity indices traded with substantial gains in mid-morning trade. The Nifty traded above the 24,950 mark. Bank shares rallied after declining in the past six consecutive trading sessions. At 11:28 IST, the barometer index, the S&P BSE Sensex rose 468.63 points or 0.58% to 81,513.68. The Nifty 50 index added 165.85 points or 0.67% to 24,961.60. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 1.41% and the S&P BSE Small-Cap index gained 1.74%. The market breadth was strong. On the BSE, 2,643 shares rose and 1,101 shares fell. A total of 124 shares were unchanged. IPO Update : The initial public offer (IPO) of Garuda Construction and Engineering received bids for 1,34,46,108 shares as against 1,99,04,862 shares on offer, according to stock exchange data at 11:30 IST on Tuesday (08 October 2024). The issue was subscribed 0.68 times. The issue opened for bidding on Tuesday (08 October 2024) and it will close on Thursday (10 October 2024). The price band of the IPO is fixed between Rs 90 to Rs 95 per share. An investor can bid for a minimum of 157 equity shares and in multiples thereof. Buzzing Index : The Nifty Bank index gained 1.13% to 51,046.90. The index fell 7.16% in past six consecutive trading sessions. HDFC Bank (up 1.79%), State Bank of India (up 1.51%), Bank of Baroda (up 1.43%), Axis Bank (up 1.43%) and Federal Bank (up 1.18%), IDFC First Bank (up 1.08%), Canara Bank (up 0.88%), IndusInd Bank (up 0.81%), Kotak Mahindra Bank (up 0.65%) and ICICI Bank (up 0.45%) advanced. On the other hand, Punjab National Bank (down 0.28%) and AU Small Finance Bank (down 0.16%) edged lower. Stocks in Spotlight : Bajaj Finserv declined 0.26%. The company said that its subsidiary, Bajaj Allianz General Insurance Company's gross direct premium underwritten for September 2024 was at Rs 1,689.17 crore, recording a decline of 7.59% year on year (YoY). FSN E-Commerce Ventures (Nykaa) shed 0.57%. The company stated that it has witnessed a strong performance with consolidated net revenue growth of mid-twenties in second quarter of FY25. Rites rose 0.73%. The company said that it has received the LOA for supply and commissioning of overhauled in-service cape gauge ALCO diesel electric locomotives from Ntokoto Rail Holdings. The value of the aforementioned contract is $5.4 million, which at the prevailing exchange translates to Rs 45.33 crore. Global Markets: Most Asian shares tumbled on Tuesday. However, Chinese stocks surged as trading resumed after a week-long break, buoyed by recent stimulus measures from Beijing. Officials are scheduled to provide further details on these measures later today. In contrast, other Asian indices followed Wall Street's downward trend. U.S. stocks fell sharply on Monday as investors anticipated a smaller rate cut from the Federal Reserve due to a stronger-than-expected U.S. jobs report. The major U.S. indexes suffered significant losses on Monday. The Dow Jones Industrial Average fell 0.94%, the S&P 500 dropped 0.96%, and the NASDAQ Composite lost 1.18%. Fears of an escalating Middle East conflict also dampened risk appetite. Meanwhile, the impending landfall of Hurricane Milton, following on the heels of Hurricane Helene, added further anxiety. US tech stocks witnessed a sharp decline. Google's parent company, Alphabet Inc., faced pressure after being ordered to restructure its Android app store. Additionally, negative analyst comments on Amazon and Apple triggered selling in these tech giants. The release of the minutes from the September Federal Reserve meeting, scheduled for Wednesday, will be closely monitored. These minutes will offer insights into the Fed's future rate cut strategy. Thursday's consumer price index data is another key event. Investors will be looking for signs of persistent inflation, which could influence the Fed's monetary policy decisions.Powered by Capital Market - Live
Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 1,052.42 crore for the month of September 2024, down 8.26% as against Rs 1,147.23 crore recorded in the same period a year ago. Individual non-single premium were at Rs 663.05 crore (up 34.02% YoY) in September 2024. Individual single premium amounted to Rs 62.69 crore (up 30.93% YoY) and Group yearly renewable premium added up to Rs 20.46 crore (up 30.73% YoY) in the month of September 2024. However, Group single premium dropped 48.01% YoY to Rs 306.22 crore during the period under review. Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. It participates in the financing business through its 52.45% holding in Bajaj Finance and in the protection business through its 74% holding in two unlisted subsidiaries, Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company. The company's consolidated net profit jumped 10.04% to Rs 2,137.70 crore on 35.22% increase in total income to Rs 31,480.14 crore in Q1 FY25 over Q1 FY24. The scrip declined 0.13% to currently trade at Rs 1,877.45 on the BSE. Powered by Capital Market - Live
Bajaj Finserv will hold a meeting of the Board of Directors of the Company on 23 October 2024Powered by Capital Market - Live
Bajaj Finserv Ltd rose for a third straight session today. The stock is quoting at Rs 2014.95, up 1.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 26212.75. The Sensex is at 85638.69, down 0.23%. Bajaj Finserv Ltd has added around 17.59% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has added around 6.4% in last one month and is currently quoting at 25155.45, down 0.51% on the day. The volume in the stock stood at 14.6 lakh shares today, compared to the daily average of 26.46 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 2022.15, up 1.45% on the day. Bajaj Finserv Ltd is up 30.87% in last one year as compared to a 34.26% gain in NIFTY and a 27.2% gain in the Nifty Financial Services index.The PE of the stock is 226.04 based on TTM earnings ending June 24.Powered by Capital Market - Live
Bajaj Finserv Ltd is up for a third straight session today. The stock is quoting at Rs 1913.7, up 1.23% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.53% on the day, quoting at 25803.45. The Sensex is at 84485.2, up 1.56%. Bajaj Finserv Ltd has gained around 18.06% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has gained around 6.87% in last one month and is currently quoting at 24403.65, up 1.35% on the day. The volume in the stock stood at 9.28 lakh shares today, compared to the daily average of 26.83 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1908.9, up 1.04% on the day. Bajaj Finserv Ltd is up 25.39% in last one year as compared to a 30.7% jump in NIFTY and a 24.82% jump in the Nifty Financial Services index.The PE of the stock is 215.61 based on TTM earnings ending June 24.Powered by Capital Market - Live
The key equity indices traded with decent gains in afternoon trade. The Nifty traded above the 24,900 level after hitting the day's low of 24,753.15 in early trade. FMCG, private bank and bank shares advanced while oil & gas, PSU bank and metal shares declined. At 13:30 IST, the barometer index, the S&P BSE Sensex jumped 330.28 points or 0.41% to 81,514.21. The Nifty 50 index added 74.75 points or 0.30% to 24,924.40. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.60% and the S&P BSE Small-Cap index declined 0.94%. The market breadth was weak. On the BSE, 1,420 shares rose and 2,527 shares fell. A total of 149 shares were unchanged. Gainers & Losers: Hindustan Unilever (up 3.28%), Shriram Finance (up 2.18%), ITC (up 1.80%), ICICI Bank (up 1.62%) and Britannia Industries (up 1.60%) were major Nifty gainers. Oil and Natural Gas Corporation (ONGC) (down 4.18%), Tech Mahindra (down 2.22%), Hindalco Industries (down 1.93%), Tata Motors (down 1.89%) and Coal India (down 1.67%) were major Nifty losers. Stocks in Spotlight: Bajaj Finserv rose 0.61%. The company's subsidiary, Bajaj Allianz General Insurance Company's gross direct premium underwritten for August 2024 was at Rs 1,736.23 crore, recording a growth of 3.48% year on year. Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 952.52 crore for the month of August 2024, up 2.82% as against Rs 926.41 crore recorded in the same period a year ago. Mazagon Dock Shipbuilders slipped 1.16%. The ship building company announced that it has received a notification of award of contract worth Rs 1,486.40 crore from Oil & Natural Gas Corporation (ONGC). The company bagged a contract for pipeline replacement project 8 Group A (PRP 8 Group A) on EPC reimbursable basis (OBE) at the ceiling price of Rs 1486,40,32,996. Deep Industries zoomed 19.25% after the company has received significant order from Oil and Natural Gas Corporation (ONGC) worth Rs 1,402 crore for production enhancement operations in mature field of the company's Rajahmundry Asset. Ion Exchange (India) advanced 1.30% after the firm received contracts from Tecnimont SpA, Italy for the hail & ghasha development project of ADNOC in UAE, totaling to approximately of Rs 168 crore. Granules India fell 2.65% after the company announced that its facility in Gagillapur, Hyderabad, Telangana was inspected by US Food & Drug Administration (USFDA) from 26 August 2024 to 5 September 2024. The inspection was concluded with six observations. Spicejet added 2.34% after the company has entered into a term sheet with Carlyle Aviation Management (CAML) to restructure certain aircraft lease obligations of SpiceJet aggregating to $137.68 million as on 30 June 2024. NIBE was locked in 5% upper circuit after the company announced the signing of an MoU with various entities for building and operating a private Earth Observation Constellation. Global Markets: Europeans stocks advanced while Asian stocks declined on Monday as selling pressure intensified, triggered by a weaker-than-expected US jobs report and the looming Fed meeting. Concerns about a slowdown in China and Germany further fueled the decline in stocks, which were already volatile due to anticipated Fed rate cuts. The US non-farm payrolls increased by only 142,000 in August, falling short of the expected 165,000. This marked the lowest three-month average since mid-2020. Although the unemployment rate decreased to 4.2%, it was the first drop in five months. In China, the consumer price index rose by 0.6% year-on-year in August, primarily due to declines in transportation, home goods prices, and rents. Meanwhile, US markets suffered a significant setback on Friday. The S&P 500 experienced its worst week since March 2023, as investors grappled with the implications of the weak jobs report and abandoned leading technology stocks. The broad index declined by 1.73%, while the Nasdaq Composite shed 2.55%. The Dow Jones Industrial Average fell 1.01%. Megacap tech stocks took a particularly hard hit as investors dumped risk assets amidst growing concerns about the US economy's health. Investors widely anticipate the Fed to lower interest rates by at least a quarter-percentage point at its upcoming policy meeting. However, the softening labor market trends have increased speculation that the central bank might opt for a more aggressive cut. Traders remain divided on whether the Fed will cut by a quarter- or half-percentage point. Powered by Capital Market - Live
Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 952.52 crore for the month of August 2024, up 2.82% as against Rs 926.41 crore recorded in the same period a year ago. Individual non-single premium were at Rs 585.87 crore (up 22.23% YoY) in August 2024. Individual single premium amounted to Rs 74.14 crore (up 28.67% YoY) and Group yearly renewable premium added up to Rs 54.70 crore (up 141.93% YoY) in the month of August 2024. However, Group single premium dropped 35.18% YoY to Rs 237.81 crore during the period under review. Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. It participates in the financing business through its 52.45% holding in Bajaj Finance and in the protection business through its 74% holding in two unlisted subsidiaries, Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company. The company's consolidated net profit jumped 10.04% to Rs 2,137.70 crore on 35.22% increase in total income to Rs 31,480.14 crore in Q1 FY25 over Q1 FY24. The scrip added 0.23% to currently trade at Rs 1,861 on the BSE. Powered by Capital Market - Live
Bajaj Finserv Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1866, up 0.02% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.57% on the day, quoting at 25136.35. The Sensex is at 82165.57, down 0.47%. Bajaj Finserv Ltd has added around 19.03% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has added around 4.57% in last one month and is currently quoting at 23922.2, down 0.5% on the day. The volume in the stock stood at 15.59 lakh shares today, compared to the daily average of 23.76 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1870.65, up 0.02% on the day. Bajaj Finserv Ltd is up 23.54% in last one year as compared to a 28.41% gain in NIFTY and a 20.49% gain in the Nifty Financial Services index.The PE of the stock is 212.54 based on TTM earnings ending June 24.Powered by Capital Market - Live
Bajaj Finserv Ltd is up for a fifth straight session today. The stock is quoting at Rs 1626.9, up 0.37% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 24824.75. The Sensex is at 81098.08, up 0.24%. Bajaj Finserv Ltd has gained around 0.5% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has gained around 0.21% in last one month and is currently quoting at 23143.65, up 0.48% on the day. The volume in the stock stood at 7.3 lakh shares today, compared to the daily average of 19.08 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 1628.65, up 0.35% on the day. Bajaj Finserv Ltd is up 10.67% in last one year as compared to a 27.67% jump in NIFTY and a 17.86% jump in the Nifty Financial Services index.The PE of the stock is 184.64 based on TTM earnings ending June 24.Powered by Capital Market - Live
Bajaj Finserv Ltd is up for a third straight session in a row. The stock is quoting at Rs 1590.05, up 2.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 24712.8. The Sensex is at 80888.47, up 0.58%. Bajaj Finserv Ltd has dropped around 2.52% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has dropped around 1.79% in last one month and is currently quoting at 22922.7, up 1.23% on the day. The volume in the stock stood at 7.14 lakh shares today, compared to the daily average of 17.87 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 1590.35, up 2.45% on the day. Bajaj Finserv Ltd is up 7.56% in last one year as compared to a 27.43% spurt in NIFTY and a 18.56% spurt in the Nifty Financial Services index.The PE of the stock is 176.95 based on TTM earnings ending June 24.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 20.97%, vs industry avg of 11.59%
Increasing Market Share
Over the last 5 years, market share increased from 5.01% to 7.47%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 20.41%, vs industry avg of 34.26%