Finance
Bajaj Finserv is a Holding Company that specializes in providing a wide range of financial services in India.
With a stock ticker of BAJAJFINSV, the company boasts a market capitalization of Rs. 294,631.7 Crores. Incorporated in 2007 and based in Pune, India, Bajaj Finserv operates through various segments including Life Insurance, General Insurance, Windpower, Retail Financing, and Investments and Others.
In terms of financial offerings, Bajaj Finserv provides an extensive portfolio which includes:
Loans: Personal, business, home, commercial, car, and gold loans; mortgages; education loans; unsecured and secured loans for SMEs and professionals; loans against properties and securities; and consumer product financing.
Investment Products: Fixed deposits, systematic deposit plans, mutual funds, and savings products.
Insurance Products: A diverse range including life, health, motor, fire, engineering, liabilities, marine, crop, and personal accident insurance.
Additional Services: Wealth management, retirement planning, healthcare services (wellness, outpatient, inpatient), wallets, credit cards, digital technology services, and stock broking services.
Bajaj Finserv also operates 138 windmills with a total installed capacity of 65.2 megawatts.
The company has reported a trailing 12 months revenue of Rs. 129,267.6 Crores with a profit of Rs. 16,886.2 Crores over the past four quarters. It has experienced a remarkable 99% revenue growth over the last three years.
Additionally, Bajaj Finserv distributes dividends to its investors with a yield of 0.11% per year, although it has previously diluted shareholdings by 401.7% in the past three years. In the last twelve months, the company returned Rs. 1.8 dividend per share, reflecting its commitment to investor returns.
Analysis of Bajaj Finserv's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2025
Description | Share | Value |
---|---|---|
Retail financing | 49.6% | 18.5 kCr |
Insurance | 49.2% | 18.3 kCr |
Investments and others | 1.2% | 450.3 Cr |
Total | 37.2 kCr |
Summary of Bajaj Finserv's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated: May 25
In the Q4 FY2025 earnings conference call, Bajaj Finserv Limited's management provided a positive outlook for the upcoming year, highlighting a cautiously optimistic approach towards growth despite external market challenges. Key forward-looking points include:
Growth Projections: The management expressed an expectation of returning to growth in the second half of FY2026. They emphasized that while geopolitical factors could introduce volatility, they are preparing to capitalize on opportunities in the market.
Financial Performance: The consolidated total income for Q4 FY2025 grew by 14% to Rs.36,596 crores from Rs.32,042 crores the previous year, with consolidated PAT increasing by 14% to Rs.2,417 crores from Rs.2,119 crores.
Insurance Segment Updates:
Capital Adequacy and Solvency: Both insurance companies have robust solvency ratios, with BALIC at 359% and BAGIC at 325%, indicating they are well-positioned to navigate any adverse conditions.
Lending Businesses: Bajaj Finance Limited reported a 26% growth in AUM, reaching Rs.4,16,661 crores. The lending segment is poised for expansion, with profit after tax rising 17% to Rs.4,480 crores.
Market Positioning: The management highlighted that while there has been some market share fluctuation in certain businesses, their diversified model and focus on core strengths will support resilient performance.
Technological Innovations: They continue to invest in technology and customer experience, with a significant focus on leveraging digital platforms in both insurance and lending sectors, aiming for increased efficiencies and customer satisfaction.
Overall, the management's forward-looking statements underscore their confidence in maintaining a competitive edge through strategic adjustments and a focus on long-term growth potential.
Last updated: May 25
1. Question by Avinash Singh:
"Do you see changes in your retention strategy with the new capital position and changes in cross-border insurance regulation?"
Answer:
"We believe retention should improve with our strong capital base and solvency. Our approach to writing risks remains robust, and while we have historically retained less due to bulky businesses like crop insurance, our capacity has increased. If market conditions allow, we may enhance our retention strategy, balancing growth with risk management."
2. Question by Swarnabh Mukherjee:
"Can you comment on BAGIC's combined ratio and the increase in expense ratio due to broker-driven growth?"
Answer:
"Our underwriting loss was minimal at Rs.3 crores, indicating strong performance. The elevated combined ratio stemmed primarily from the reduction in gross written premium (GWP) and not from a deterioration in underwriting. The commission growth relates to a higher proportion of new business, but this should normalize over the fiscal year."
3. Question by Madhukar Ladha:
"How do you foresee APE and VNB growth for BALIC over the next few years?"
Answer:
"We anticipate gradual growth in APE and VNB. Our agency business has reset, and while initial muted growth is expected, we are on a trajectory to improve VNB margins significantly later this year, given the strategic product changes we've implemented."
4. Question by Sanketh Godha:
"How reliable is the tender-based business for BAGIC, considering it constitutes 25% of total GWP?"
Answer:
"Our tender-based business is aligned with industry norms, representing a reasonable portion of GWP. While this can be unpredictable, we have consistently managed to retain a substantial market share and will continue to do so, employing a careful strategy in lower-margin areas while pursuing suitable tenders."
5. Question by Umang Shah:
"What percentage of APE comes from your largest banca partner, and how do you see this changing with its potential acquisition of another insurer?"
Answer:
"Our largest banca partner contributes about 22% to our business. While they are expanding, we have strategically maintained our market position and do not expect a significant impact on profitability, given our diversified partnerships."
This summary reflects key inquiries and responses from the Q&A session, highlighting the strategic outlook and performance metrics amidst ongoing market dynamics.
Updated Jun 16, 2025
Despite the recent rally, Bajaj Finserv remains 5.50% below its 52-week high of 2,134.45 rupees.
The trading environment, although positive, highlights that Bajaj Finserv is still underperforming compared to its peak value.
The 5.50% decline from the 52-week high suggests a cautionary note for investors watching for recovery.
Bajaj Finserv shares increased by 1.39% to reach 2,017.00 Indian rupees on Monday.
A block deal for Bajaj Finserv saw significant institutional buying, indicating strong confidence.
Following the institutional block deal, Bajaj Finserv shares rose by 2.3%, marking a 26% increase in 2025.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Growth: Awesome revenue growth! Revenue grew 21.2% over last year and 95.5% in last three years on TTM basis.
Profitability: Recent profitability of 13% is a good sign.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Dilution: Company has a tendency to dilute it's stock investors.
Comprehensive comparison against sector averages
BAJAJFINSV metrics compared to Finance
Category | BAJAJFINSV | Finance |
---|---|---|
PE | 18.29 | 19.90 |
PS | 2.40 | 3.49 |
Growth | 21.2 % | 18.6 % |
BAJAJFINSV vs Finance (2021 - 2025)
Understand Bajaj Finserv ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
BAJAJ HOLDINGS AND INVESTMENT LIMITED | 39.03% |
JAMNALAL SONS PRIVATE LIMITED | 9.7% |
JAYA HIND INDUSTRIES PRIVATE LIMITED | 3.92% |
MAHARASHTRA SCOOTERS LTD | 2.38% |
BAJAJ SEVASHRAM PRIVATE LIMITED | 1.67% |
BACHHRAJ AND COMPANY PRIVATE LIMITED | 1.46% |
Yamuna Trust (Niraj Bajaj) | 1.15% |
Trusts | 1.15% |
BACHHRAJ FACTORIES PRIVATE LIMITED | 0.68% |
BARODA INDUSTRIES PRIVATE LIMITED | 0.58% |
MANISH KEJRIWAL | 0.42% |
SUMAN JAIN | 0.36% |
Niravnayan Bajaj Family Trust (Niraj Bajaj) | 0.34% |
Geetika Shekhar Bajaj Trust (Shekhar Bajaj) | 0.33% |
NIRAVNAYAN TRUST (NIRAJ BAJAJ) | 0.27% |
KIRAN BAJAJ | 0.25% |
SANJIVNAYAN BAJAJ | 0.23% |
Nimisha Bajaj Family Trust (Madhur Bajaj) | 0.22% |
Neelima Bajaj Family Trust (Kumud Bajaj) | 0.21% |
NIRAJ BAJAJ | 0.18% |
Distribution across major stakeholders
Distribution across major institutional holders
Investor Care | |
---|---|
Dividend Yield | 0.11% |
Dividend/Share (TTM) | 1.8 |
Shares Dilution (1Y) | 0.07% |
Diluted EPS (TTM) | 55.2 |
Financial Health | |
---|---|
Debt/Equity | 0.00 |
Debt/Cashflow | 0.00 |
Valuation | |
---|---|
Market Cap | 3.21 LCr |
Price/Earnings (Trailing) | 18.29 |
Price/Sales (Trailing) | 2.4 |
EV/EBITDA | 6.41 |
Price/Free Cashflow | -5.06 |
MarketCap/EBT | 13.53 |
Fundamentals | |
---|---|
Revenue (TTM) | 1.34 LCr |
Rev. Growth (Yr) | 14.21% |
Rev. Growth (Qtr) | 14.21% |
Earnings (TTM) | 17.56 kCr |
Earnings Growth (Yr) | 16.44% |
Earnings Growth (Qtr) | 7.81% |
Profitability | |
---|---|
Operating Margin | 17.73% |
EBT Margin | 17.73% |
Return on Equity | 13.67% |
Return on Assets | 2.69% |
Free Cashflow Yield | -19.76% |
Detailed comparison of Bajaj Finserv against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
CHOLAFIN | Cholamandalam Investment and Finance Co.Non Banking Financial Company(NBFC) | 1.31 LCr | 26.15 kCr | -3.29% | +8.22% | 30.65 | 5 | +34.67% | +24.64% |
SHRIRAMFIN | Shriram FinanceNon Banking Financial Company(NBFC) | 1.26 LCr | 41.87 kCr | +1.59% | +23.72% | 13.12 | 3 | +15.00% | +29.43% |
BAJFINANCE | Bajaj FinanceNon Banking Financial Company(NBFC) | 58.32 kCr | 69.72 kCr | -89.76% | -87.22% | 3.48 | 0.84 | +26.82% | +16.11% |
SBILIFE | SBI Life Insurance Co.Life Insurance | - | - | +1.24% | +22.14% | - | - | - | - |
ICICIPRULI | ICICI Prudential Life Insurance Co.Life Insurance | - | - | +3.54% | +3.86% | - | - | - | - |
HDFCLIFE | HDFC LIFE INSURANCE Co.Life Insurance | - | - | +2.95% | +29.14% | - | - | - | - |
SUNDARMFIN | SUNDARAM FINANCENon Banking Financial Company(NBFC) | 55.36 kCr | 8.42 kCr | -2.19% | +9.55% | 30.78 | 6.58 | +26.24% | -4.24% |
M&MFIN | Mahindra & Mahindra Financial ServicesNon Banking Financial Company(NBFC) | 33.42 kCr | 18.53 kCr | +2.51% | -8.46% | 14.78 | 1.8 | +16.03% | +16.36% |
Change in Management • 10 Jun 2025 Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for change in Senior Management Personnel. |
General • 10 Jun 2025 We wish to provide you the information pertaining to unlisted Insurance subsidiaries of the Company. |
General • 07 Jun 2025 Communication sent to Shareholders regarding Tax Deduction at Source (TDS) on Dividend. |
Reg.24(A)-Annual Secretarial Compliance • 26 May 2025 Annual Secretarial Compliance Report for the financial year ended 31 March 2025. |
General • 21 May 2025 Intimation under Regulation 30(7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) |
Investor Presentation • 10 May 2025 Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015 for Investor Presentation. |
General • 08 May 2025 We wish to provide you the information pertaining to unlisted insurance subsidiaries of the Company. |