1. Is Bajaj Finserv Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Bajaj Finserv Ltd is a good quality company.
2. Is Bajaj Finserv Ltd undervalued or overvalued?
The key valuation ratios of Bajaj Finserv Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Bajaj Finserv Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bajaj Finserv Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
|Operating Income (₹ Cr.)||5,071||6,022||7,587||20,534||24,507||32,862||42,604||54,833||60,591||68,406||35,723|
|YoY Gr. Rt. %||-||18.7%||26%||170.7%||19.4%||34.1%||29.6%||28.7%||10.5%||12.9%||-|
|Adj EPS (₹ )||9.9||9.7||10.6||11||14.2||15.9||20.2||21.2||28.1||28.6||31.6|
|YoY Gr. Rt. %||-||-2.2%||9.5%||3.8%||29%||12.2%||26.9%||4.7%||32.7%||1.9%||-|
|BVPS (₹ )||50.1||59.7||69.7||85.4||101.4||128.7||149.2||196.7||223.7||250.5||267.2|
|YoY Gr. Rt. %||-||19.1%||16.8%||22.6%||18.7%||26.9%||15.9%||31.9%||13.7%||12%||-|
|To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ|
|Net Profit/Total Funds (%)||3.6||3.1||3||2.9||3||2.9||2.9||2.6||2.8||2.7||0|
CAGR ⓘCAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Net Interest Income||33.5%||22.8%||17.1%||12.9%|
Key Financial Ratios
|RATIOS \ YEARS||Mar'13||Mar'14||Mar'15||Mar'16||Mar'17||Mar'18||Mar'19||Mar'20||Mar'21||Mar'22||TTM|
|Asset Quality Ratio||To view Asset Quality Ratio Colour Rating Guide click here ⓘ|
|Net NPA to Net Advances (%)||0||0||0||0||0||0||0||0||0||0||-|
|Capitalization Ratio||To view Capitalization Ratio Colour Rating Guide click here ⓘ|
|Capital Adequacy Ratio (%)||99||96||18||0||0||0||0||0||0||0||-|
|Net Profit Margin (%)||43.7||36.4||31.8||13.5||14.1||12.7||12.6||10.9||12.2||12.2||14.1|
|Performance Ratios||To view Performance Ratios Colour Rating Guide click here ⓘ|
|Return on Equity (%)||33.3||25.1||23.4||22.5||23.2||22.8||24.3||21.8||22||22||11.8|
Total Income has increased 17.10 CAGR in last 3 years
Net Profit has increased 12.27 CAGR in last 3 years
Total income growth is good in last 4 quarters
Return on Equity has declined versus last 3 years average to 12.20%
|TTM EPS (₹)||4.1||31.6|
|TTM Sales (₹ Cr.)||908||35,723|
|BVPS (₹.) ⓘ||28||267.2|
|Reserves (₹ Cr.) ⓘ||4,303||42,368|
|From the Market|
|52 Week Low / High (₹)||1077.70 / 1931.99|
|All Time Low / High (₹)||8.71 / 1931.99|
|Market Cap (₹ Cr.)||2,74,074|
|Equity (₹ Cr.)||159.1|
|Face Value (₹)||1|
|Industry PE ⓘ||84.7|
Bajaj Finserv (BFS) is the holding company under which there are three key financial sector businesses: (i) lending through Bajaj Finance (BFL), which is itself a listed company; (ii) general insurance, under Bajaj Allianz General Insurance Company (BAGIC); and (iii) life insurance, under Bajaj Allianz Life Insurance Company (BALIC). It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance and retirement and savings solutions. The insurance businesses are unlisted. In addition, there are wind farm assets in Maharashtra.
The company is a Core Investment Company (CIC) under the regulations of the Reserve Bank of India (RBI), not requiring registration with RBI. BFS and BFL adopted the Indian Accounting Standards (Ind AS) from 1 April 2018. Hence, the standalone and consolidated results of BFS for FY2019 are compliant with Ind AS. The financials for FY2018 have been restated to be Ind AS compliant and are, therefore, comparable.
Business area of the company
The company deals with financial services of the Bajaj Group. Its core businesses are spread across Lending, Insurance and Wealth Advisory.
Awards and Recognition
Sanjiv Bajaj, Managing Director & CEO, received the following awards: