Main Menu
Untitled Page
Home > Equity > Company info > Company Snapshot
31 May 2020

Search Quotes

  Enter at least 3 characters from BSE Code for a company or the company's name

Bajaj Finance Ltd (Finance & Investments)

Last Price 1,953.65
Net Changes 5.95
Volume 10362057
Prev Close 1,947.70
1,953.65 5.95 (0.31%)
Date: May 29,2020 EOD




Index Details Finance & Investments


Chart

Stock Price Details

Market Statistics

Open Price 1919.9 Div Yield (%) 0.51
Buy (Size) 1,938.00(×1) Eps(Rs) 81.12
Sell (Size) 1,952.70(×196) Book Value (Stand.)(Rs) 528.74
Value 67504202000 Book Value(conso.)(Rs) 537.2871052
Buy Quantity 1 Market Cap(Rs.Cr) 117491.82
Sell Quantity 196 Face Value(Rs) 2
Today's High 1980 Market Lot 1
Today's Low 1891.2 AGM Date Jul
52-Week High 4923.2 Book Closure Date
52-Week Low 1783.1 ISIN No. INE296A01024

Share Holding Pattern

  No Of shares % Share Holding
Total Foreign (Promoter & Group) 0 0.00
Indian (Promoter & Group) 338169045 56.20
Total of Promoter 338169045 56.20
Non Promoter (Institution) 192843331 32.05
Non Promoter (Non-Institution) 68934115 11.46
Total Non Promoter 261777446 43.51
Total Promoter & Non Promoter 599946491 99.71
Custodians(Against Depository Receipts) 1742578 0.29
Grand Total 601689069 100.00

Company News

26-May-2020  Bajaj Finance Ltd - Bajaj Finance Limited - Related Party Tran...
Bajaj Finance Ltd - Bajaj Finance Limited - Related Party Transactions

Bajaj Finance Limited has informed the Exchange regarding Disclosure of Related Party Transactions under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the financial year ended 31 March 2020.
22-May-2020  Bajaj Finance Ltd - Compliances-Reg.24(A)-Annual Secretarial C...
Bajaj Finance Ltd - Compliances-Reg.24(A)-Annual Secretarial Compliance

Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, as amended, read with SEBI circular no. CIR/CFD/CMD1/27/2019 dated 8 February 2019, we are submitting herewith the Annual Secretarial Compliance Report of the Company for the year ended 31 March 2020 issued by Shri Shyamprasad D. Limaye, Practicing Company Secretary.
22-May-2020  Bajaj Finance Ltd - Disclosure Of Related Party Transactions U...
Bajaj Finance Ltd - Disclosure Of Related Party Transactions Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith disclosures of related party transactions, on consolidated basis, drawn in accordance with the applicable accounting standards for the financial year ended 31 March 2020.
20-May-2020  Bajaj Finance climbs after Q4 results
Bajaj Finance climbs after Q4 results

Shares of the financier have added 2.58% in two sessions from its recent closing low of Rs 1,940 on 18 May 2020.

Bajaj Finance's consolidated net profit declined 19% to Rs 948 crore on 36% increase in total income to Rs 7,231 crore in Q4 March 2020 over Q4 March 2019. The result was announced after market hours on Tuesday (19 May)

On a consolidated basis, profit before tax (PBT) stood at Rs 1,278 crore in Q4 FY20, down by 29% from Rs 1,812 crore reported in Q4 FY19. Net interest income jumped 38% to Rs 4,684 crore in Q4 FY20 over Q4 FY19. Total operating expenses in the fourth quarter increased 25% to Rs 1,452 crore from Rs 1,164 crore in the corresponding period last year. New loans booked during Q4 FY20 increased by 3% to 6.03 million from 5.83 million in Q4 FY19.

Loan losses and provisions for Q4 FY20 was Rs 1,954 crore as against Rs 409 crore in Q4 FY19. During the quarter, the company has taken an accelerated charge of Rs 390 crore for two identified large accounts, an additional provision of Rs 129 crore on account of recalibration of its ECL model and a contingency provision of Rs 900 crore for COVID-19. Adjusted for these additional provisions of Rs 1,419 crore, loan losses and provisions for Q4 FY20 was Rs 535 crore.

The company said it continued to maintain strong focus on growing fees and other income. Fees and other income in Q4 FY20 grew by 45% YoY to Rs 929 crore in Q4 FY20 from Rs 642 crore in Q4 FY19.

The financier's gross non-performing assets (NPAs) stood at Rs 2,363 crore as on 31 March 2020 as against Rs 2,354 crore as on 31 December 2019 and Rs 1,804 crore as on 31 March 2019.

The ratio of gross NPAs to gross advances stood at 1.61% as on 31 March 2020 as against 1.61% as on 31 December 2019 and 1.54% as on 31 March 2019.

The ratio of net NPAs to net advances stood at 0.65% as on 31 March 2020 as against 0.70% as on 31 December 2019 and 0.63% as on 31 March 2019.

The NBFC's consolidated net profit jumped 32% to Rs 5,264 crore on a 43% rise in total income to Rs 26,386 crore in in the year ended March 2020 (FY20) as against the year ended March 2020 (FY19). PBT stood at Rs 7,322 crore in FY20, up by 18% from Rs 6,179 crore reported in FY19.

Assets under management (AUM) grew by 27% to Rs 147,153 crore as of 31 March 2020 from Rs 115,888 crore as of 31 March 2019.

Due to Covid-19 pandemic and the consequent lockdown, the company lost 10 productive days in Q4 FY20 resulting in lower acquisition of nearly 1.0 million loan accounts and lower AUM of approximately Rs 4,500 crore. Adjusted for the impact of lockdown, AUM growth would have been 31%.

The company said it is well capitalised with CRAR of 25.01% as at 31 March 2020. The company reported overall liquidity surplus of approximately Rs 15,725 crore as of 31 March 2020 on consolidated basis. The company's liquidity surplus as of 15 May 2020 was approximately Rs 20,900 crore.

'Start of Q4 FY20 was quite promising aided by various fiscal measures implemented by the GoI in Q2-Q3 supported by good monsoon. Economy was clearly on the mend in Q4. However, due to sudden and unprecedented Covid-19 pandemic, India was under full lockdown and thus the company lost 7-8 productive days of March. Despite this, Q4 was a good quarter with growth in assets, new loans, new customer acquisition and franchise,' the company said in earnings release.

'In these unprecedented times, the company is focused on capital preservation, balance sheet protection and operating expenses management. The firm has healthy capital adequacy, strong liquidity position, low gross and net NPA, access to retail deposits, large mass affluent customer franchise, diversified portfolio mix, granular geographical distribution and strong risk management orientation. As a result, the company is confident of navigating the challenges posed by Covid-19,' it added.

Bajaj Finance is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial lending, rural lending, fixed deposits and value-added services.

20-May-2020  Bajaj Finance to convene AGM
Bajaj Finance to convene AGM

Bajaj Finance announced that the Annual General Meeting (AGM) of the company will be held on 21 July 2020.
20-May-2020  Bajaj Finance Ltd - Bajaj Finance Limited - Investor Presentat...
Bajaj Finance Ltd - Bajaj Finance Limited - Investor Presentation

Bajaj Finance Limited has informed the Exchange regarding Investor Presentation for the quarter ended 31 March 2020.
19-May-2020  Bajaj Finance consolidated net profit declines 19.38% in the M...
Bajaj Finance consolidated net profit declines 19.38% in the March 2020 quarter

Net profit of Bajaj Finance declined 19.38% to Rs 948.10 crore in the quarter ended March 2020 as against Rs 1176.06 crore during the previous quarter ended March 2019. Sales rose 36.65% to Rs 7190.93 crore in the quarter ended March 2020 as against Rs 5262.44 crore during the previous quarter ended March 2019.

For the full year,net profit rose 31.76% to Rs 5263.75 crore in the year ended March 2020 as against Rs 3994.99 crore during the previous year ended March 2019. Sales rose 42.54% to Rs 26223.10 crore in the year ended March 2020 as against Rs 18397.29 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear Ended
 Mar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.
Sales7190.935262.44 37 26223.1018397.29 43
OPM %54.3371.49 -65.1370.30 -
PBDT1363.511852.45 -26 7616.756323.31 20
PBT1278.201811.63 -29 7322.126179.16 18
NP948.101176.06 -19 5263.753994.99 32
19-May-2020  Bajaj Finance Q4 PAT tumble 19% on higher provisioning
Bajaj Finance Q4 PAT tumble 19% on higher provisioning

On a consolidated basis, profit before tax (PBT) stood at Rs 1,278 crore in Q4 FY20, down by 29% from Rs 1,812 crore reported in Q4 FY19. Net interest income jumped 38% to Rs 4,684 crore in Q4 FY20 over Q4 FY19. Total operating expenses in the fourth quarter increased 25% to Rs 1,452 crore from Rs 1,164 crore in the corresponding period last year. New loans booked during Q4 FY20 increased by 3% to 6.03 million from 5.83 million in Q4 FY19.

Loan losses and provisions for Q4 FY20 was Rs 1,954 crore as against Rs 409 crore in Q4 FY19. During the quarter, the company has taken an accelerated charge of Rs 390 crore for two identified large accounts, an additional provision of Rs 129 crore on account of recalibration of its ECL model and a contingency provision of Rs 900 crore for COVID-19. Adjusted for these additional provisions of Rs 1,419 crore, loan losses and provisions for Q4 FY20 was Rs 535 crore.

The company said it continued to maintain strong focus on growing fees and other income. Fees and other income in Q4 FY20 grew by 45% YoY to Rs 929 crore in Q4 FY20 from Rs 642 crore in Q4 FY19.

The financier's gross non-performing assets (NPAs) stood at Rs 2,363 crore as on 31 March 2020 as against Rs 2,354 crore as on 31 December 2019 and Rs 1,804 crore as on 31 March 2019.

The ratio of gross NPAs to gross advances stood at 1.61% as on 31 March 2020 as against 1.61% as on 31 December 2019 and 1.54% as on 31 March 2019.

The ratio of net NPAs to net advances stood at 0.65% as on 31 March 2020 as against 0.70% as on 31 December 2019 and 0.63% as on 31 March 2019.

The NBFC's consolidated net profit jumped 32% to Rs 5,264 crore on a 43% rise in total income to Rs 26,386 crore in in the year ended March 2020 (FY20) as against the year ended March 2020 (FY19). PBT stood at Rs 7,322 crore in FY20, up by 18% from Rs 6,179 crore reported in FY19.

Assets under management (AUM) grew by 27% to Rs 147,153 crore as of 31 March 2020 from Rs 115,888 crore as of 31 March 2019.

Due to Covid-19 pandemic and the consequent lockdown, the company lost 10 productive days in Q4 FY20 resulting in lower acquisition of nearly 1.0 million loan accounts and lower AUM of approximately Rs 4,500 crore. Adjusted for the impact of lockdown, AUM growth would have been 31%.

The company said it is well capitalised with CRAR of 25.01% as at 31 March 2020. The company reported overall liquidity surplus of approximately Rs 15,725 crore as of 31 March 2020 on consolidated basis. The company's liquidity surplus as of 15 May 2020 was approximately Rs 20,900 crore.

'Start of Q4 FY20 was quite promising aided by various fiscal measures implemented by the GoI in Q2-Q3 supported by good monsoon. Economy was clearly on the mend in Q4. However, due to sudden and unprecedented Covid-19 pandemic, India was under full lockdown and thus the company lost 7-8 productive days of March. Despite this, Q4 was a good quarter with growth in assets, new loans, new customer acquisition and franchise,' the company said in earnings release.

'In these unprecedented times, the company is focused on capital preservation, balance sheet protection and operating expenses management. The firm has healthy capital adequacy, strong liquidity position, low gross and net NPA, access to retail deposits, large mass affluent customer franchise, diversified portfolio mix, granular geographical distribution and strong risk management orientation. As a result, the company is confident of navigating the challenges posed by Covid-19,' it added.

Bajaj Finance is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial lending, rural lending, fixed deposits and value-added services.

Shares of Bajaj Finance rose 1.40% at Rs 1967.25. The stock traded in the range of Rs 1918.40 and Rs 2001.70 during the day.

19-May-2020  Bajaj Finance Ltd - Audited Standalone And Consolidated Financ...
Bajaj Finance Ltd - Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31 March 2020

Audited standalone and consolidated financial results for the quarter and year ended 31 March 2020
19-May-2020  Bajaj Finance Ltd - Outcome Of Board Meeting Held On 19 May 20...
Bajaj Finance Ltd - Outcome Of Board Meeting Held On 19 May 2020.

The meeting commenced at 1.30 p.m. and concluded at 4.05 p.m.
Incorporation Year 1987 
Registered Office Mumbai-Pune Road,Akurdi,
Pune,
Maharashtra-411035
Telephone 91-20-30405060 
Fax 91-20-30405020 / 30 
Chairman Rahul Bajaj
Managing Director Rajeev Jain
Company Secretary Vijay R 
Auditor S R B C & Co LLP 
Face Value(Rs)
Market Lot
Listing BSE,MSEI,NSE 
Registrar KFin Techologies Pvt Ltd
Karvy Selenium Tow-B,31&32 Financial Dist,Nanakramguda,Hyderabad-500032 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS