![]()
Daily Range
Daily RangeToday's Low
₹ 6,804.70
Today's High
₹ 7,024.00
![]()
52 Weeks Range
52 Weeks Low
₹ 5,220.00
52 Weeks High
₹ 7,778.00
![]()
Momentum of the Stock
Momentum of the Stock Strong Bearish![]()
![]()
Circuit Limit
Lower
₹ 6,226.70
Upper
₹ 7,610.40
![]()
Financials Strength Score
Financials Strength Score Piotroski Score
![]()
Company Profile
Bajaj Finance Limited operates as a non-banking financial company in India. The company offers consumer durable, lifestyle, lifecare, digital product, two and three wheeler, developer, used car, medical equipment, vendor, light engineering, specialty chemicals, financial institution, corporate, and warehouse finance services; IPO and margin trading finance, trading account, depository, and HNI and retail broking services; personal, gold, home, business, working capital, secured enterprise, and professional loans; and loan against fixed deposits, shares, properties, and securities. It also provides life, general, and health insurance, as well as pocket insurance products; extended warranty, e-commerce, and lease rental discounting services; financial fitness reports; and EMI cards, and co-branded credit cards and wallets, as well as offers investment services, such as systematic deposit plan, fixed and term deposits, and mutual funds. The company was formerly known as Bajaj Auto Finance Limited and changed its name to Bajaj Finance Limited in September 2010. The company was incorporated in 1987 and is based in Pune, India. Bajaj Finance Limited is a subsidiary of Bajaj Finserv Limited.
![]()
Companies under the same Group
Companies under the same Group
Bajaj Hindusthan Sug
Maharashtra Scooters
Mukand
Bajaj Hold & Invest
Hercules Hoists
Bajaj Finserv
Bajaj Corp
![]()
Key Metrics
Key MetricsStandalone
Consolidated
No of shares Outstanding
62.0 Cr.
EPS-TTM
₹248.00
Face Value
₹2.00
Book Value
₹1,400.12
Net Asset Value
₹890.34
ROE
23.70%
ROA
4.74%
ROCE
11.76%
Dividend Yield
0.53%
Total Debt
₹ 0.0 Cr.
Sales Growth
30.84%
PAT Growth
63.74%
Financials
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | 12,993.3 | 7,365.3 | 17,598.7 | 17,431.7 | 8,634.1 | 3,310.4 | 31,734.3 | 21,759.0 | 14,449.7 |
| Non-Current Assets | 261,298.3 | 204,189.5 | 152,925.8 | 146,109.3 | 114,929.3 | 80,720.5 | 35,165.4 | 27,419.6 | 19,871.4 |
| Total Assets | 274,291.6 | 211,554.8 | 170,524.5 | 163,541.0 | 123,563.5 | 84,030.8 | 66,899.7 | 49,178.7 | 34,321.1 |
| Current Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Non-Current Liabilities | 194,072.1 | 150,570.3 | 121,532.2 | 122,345.8 | 88,236.2 | 58,109.6 | 36,266.4 | 27,491.0 | 19,611.2 |
| Total Equity | 54,372.0 | 43,712.7 | 36,918.4 | 32,327.6 | 19,697.0 | 15,847.8 | 9,600.3 | 7,426.8 | 4,799.7 |
| Total Liabilities & Total Equity | 274,291.6 | 211,554.8 | 170,524.5 | 163,541.0 | 123,563.5 | 84,030.8 | 66,899.7 | 49,178.7 | 34,321.1 |
![]()
Financial Statement Analysis
Current Ratio
The Industry Current Ratio stands at 2.91, vs the Current Ratio of 1.97, which results in a Negative aspect.
Price to BV
The Industry Price to BV stands at 4.22, vs the Price to BV of 5.91, which results in a Positive aspect.
Quick Ratio
The Industry Quick Ratio stands at 2.90, vs the Quick Ratio of 1.97, which results in a Negative aspect.
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at 3.59, vs the Debt to Equity Ratio of 4.04, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Total Income | 41,397.4 | 31,640.5 | 26,689.6 | 26,373.8 | 18,487.1 | 12,785.9 | 9,966.7 | 7,293.5 | 5,381.8 |
| Total Expenditure | 12,692.9 | 11,905.1 | 10,867.6 | 9,161.2 | 5,454.2 | 4,156.7 | 3,250.6 | 2,353.8 | 1,891.5 |
| Operating Profit(Excl OI) | 28,712.8 | 19,743.0 | 15,836.9 | 17,224.4 | 13,046.0 | 8,641.6 | 6,741.6 | 4,979.8 | 3,666.3 |
| Add: Other Income | 8.3 | 7.6 | 15.0 | 11.9 | 13.0 | 12.4 | 25.5 | 40.0 | 176.0 |
| Operating Profit | 28,712.8 | 19,743.0 | 15,836.9 | 17,224.4 | 13,046.0 | 8,641.6 | 6,741.6 | 4,979.8 | 3,666.3 |
| Less: Interest | 12,701.3 | 9,854.6 | 9,519.4 | 9,607.7 | 6,722.7 | 4,696.1 | 3,853.0 | 2,958.8 | 2,273.8 |
| PBDT | 16,011.6 | 9,888.4 | 6,317.5 | 7,616.8 | 6,323.3 | 3,945.5 | 2,888.6 | 2,021.0 | 1,392.6 |
| Less: Depreciation | 485.4 | 384.6 | 325.3 | 294.6 | 144.2 | 102.1 | 71.2 | 56.3 | 35.6 |
| PBT & Exceptional Items | 15,526.2 | 9,503.8 | 5,992.3 | 7,322.1 | 6,179.2 | 3,843.4 | 2,817.4 | 1,964.7 | 1,357.0 |
| Less: Exceptional Income Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit Before Tax | 15,527.9 | 9,503.8 | 5,992.3 | 7,322.1 | 6,179.2 | 3,843.4 | 2,817.4 | 1,964.7 | 1,357.0 |
| Less: Taxation | 4,020.2 | 2,475.6 | 1,572.4 | 2,058.4 | 2,184.2 | 1,347.1 | 981.0 | 686.1 | 459.1 |
| Profit After Tax | 11,507.7 | 7,028.2 | 4,419.8 | 5,263.8 | 3,995.0 | 2,496.4 | 1,836.4 | 1,278.6 | 897.9 |
| Earnings Per Share | 190.4 | 116.5 | 73.5 | 87.7 | 69.3 | 43.4 | 33.6 | 23.9 | 18.0 |
![]()
Financial Statement Analysis
PAT Growth
The Industry PAT Growth stands at 36.66, vs the PAT Growth of 31.76, which results in a Negative aspect.
PE Ratio
The Industry PE Ratio stands at 27.40, vs the PE Ratio of 31.54, which results in a Positive aspect.
Dividend Yield
The Industry Dividend Yield stands at 0.81, vs the Dividend Yield of 0.47, which results in a Negative aspect.
PAT Margin
The Industry PAT Margin stands at 96.28, vs the PAT Margin of 19.96, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Profit Before Tax | 15,527.9 | 9,503.8 | 5,992.3 | 7,322.1 | 6,179.2 | 3,843.4 | 2,817.4 | 1,964.7 | 0.0 |
| Tax Paid | -3,972.2 | -2,586.1 | -1,482.3 | -2,235.4 | -2,215.3 | -1,483.6 | -1,006.1 | -739.5 | 0.0 |
| Adjustment | 2,553.7 | 6,168.3 | 4,177.7 | 4,779.7 | 1,566.8 | 1,256.7 | 4,519.6 | 3,376.3 | 0.0 |
| Changes In Working Capital | 15,527.9 | 9,503.8 | 5,992.3 | 7,322.1 | 6,179.2 | 3,843.4 | 2,817.4 | 1,964.7 | 0.0 |
| Cash Flow after changes in Working Capital | -38,168.2 | -34,503.8 | 675.0 | -22,176.4 | -26,846.2 | -19,082.0 | -6,265.5 | -6,714.6 | 0.0 |
| Cash Flow from Operating Activities | -42,140.4 | -37,089.9 | -807.3 | -24,411.7 | -29,061.5 | -20,565.6 | -10,439.0 | -9,869.7 | 0.0 |
| Cash Flow from Investing Activities | -10,365.3 | 6,346.8 | -428.6 | -8,757.6 | -5,378.9 | 1,075.4 | -3,046.8 | -686.8 | 0.0 |
| Cash Flow from Financing Activities | 50,675.0 | 32,275.2 | 1,740.6 | 34,166.8 | 34,449.3 | 19,503.4 | 12,513.4 | 11,656.2 | 0.0 |
| Net Cash Inflow / Outflow | -1,830.7 | 1,532.1 | 504.8 | 997.5 | 8.9 | 13.2 | -972.3 | 1,099.7 | 0.0 |
| Opening Cash & Cash Equivalents | 3,381.4 | 1,849.3 | 1,344.5 | 347.0 | 338.2 | 325.0 | 1,297.2 | 227.8 | 0.0 |
| Closing Cash & Cash Equivalent | 1,550.8 | 3,381.4 | 1,849.3 | 1,344.5 | 347.0 | 338.2 | 324.9 | 1,327.5 | 0.0 |
![]()
Financial Statement Analysis
PFCF Ratio
The Industry PFCF Ratio stands at -4.37, vs the PFCF Ratio of -4.55, which results in a Negative aspect.
PCF RATIO
The Industry PCF RATIO stands at -0.43, vs the PCF RATIO of -5.45, which results in a Negative aspect.
| Particulars | Sep 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 170,902.7 | 149,262.1 | 141,610.9 | 133,782.6 | 124,978.1 | 113,595.9 | 107,843.0 | 99,684.0 | 92,809.2 | 86,265.7 | 85,325.8 | 77,313.6 | 67,419.1 | 68,506.2 | 66,561.2 | 65,165.5 | 66,482.0 | 72,265.8 |
| Total Income | 170,954.1 | 149,319.8 | 141,659.8 | 133,817.5 | 125,005.4 | 113,631.4 | 107,860.0 | 99,726.3 | 92,827.1 | 86,302.8 | 85,350.6 | 77,320.6 | 67,430.1 | 68,549.4 | 66,584.7 | 65,232.9 | 66,497.4 | 72,308.3 |
| Total Expenditure | 53,380.2 | 44,198.6 | 42,283.4 | 39,285.6 | 36,935.5 | 33,775.5 | 33,041.2 | 31,281.0 | 30,234.1 | 26,977.7 | 30,359.6 | 32,355.1 | 30,345.8 | 27,469.1 | 26,616.4 | 27,881.6 | 27,582.0 | 33,199.2 |
| PBIDT (Excl OI) | 117,522.5 | 105,063.5 | 99,327.5 | 94,497.0 | 88,042.6 | 79,820.4 | 74,801.8 | 68,403.0 | 62,575.1 | 59,288.0 | 54,966.2 | 44,958.5 | 37,073.3 | 41,037.1 | 39,944.8 | 37,283.9 | 38,900.0 | 39,066.6 |
| Other Income | 51.4 | 57.7 | 48.9 | 34.9 | 27.3 | 35.5 | 16.5 | 42.3 | 17.9 | 37.1 | 24.8 | 7.0 | 11.0 | 43.2 | 23.5 | 67.4 | 15.4 | 42.5 |
| Operating Profit | 117,573.9 | 105,121.2 | 99,376.4 | 94,531.9 | 88,069.9 | 79,855.9 | 74,818.3 | 68,445.3 | 62,593.0 | 59,325.1 | 54,991.0 | 44,965.5 | 37,084.3 | 41,080.3 | 39,968.3 | 37,351.3 | 38,915.4 | 39,109.1 |
| Interest | 61,493.2 | 52,170.9 | 48,680.2 | 45,370.6 | 41,025.2 | 35,919.6 | 33,512.2 | 29,713.7 | 26,451.3 | 25,625.8 | 25,345.4 | 23,975.7 | 22,535.5 | 21,955.5 | 23,626.8 | 23,581.4 | 24,976.3 | 25,474.0 |
| Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| PBDT | 56,080.7 | 52,950.3 | 50,696.2 | 49,161.3 | 47,044.7 | 43,936.3 | 41,306.1 | 38,731.6 | 36,141.7 | 33,699.3 | 29,645.6 | 20,989.8 | 14,548.8 | 19,124.8 | 16,341.5 | 13,769.9 | 13,939.1 | 13,635.1 |
| Depreciation | 2,100.4 | 1,929.6 | 1,757.5 | 1,585.2 | 1,560.9 | 1,341.1 | 1,189.9 | 1,208.7 | 1,114.1 | 1,044.4 | 965.8 | 945.3 | 890.2 | 898.9 | 796.4 | 715.2 | 842.2 | 853.1 |
| Profit Before Tax | 53,980.3 | 51,020.7 | 48,938.7 | 47,576.1 | 45,483.8 | 42,595.2 | 40,116.2 | 37,522.9 | 35,027.6 | 32,654.9 | 28,679.8 | 20,044.5 | 13,658.6 | 18,225.9 | 15,545.1 | 13,054.7 | 13,096.9 | 12,782.0 |
| Tax | 13,877.4 | 12,805.5 | 12,565.7 | 12,069.6 | 11,143.2 | 11,033.4 | 10,386.8 | 9,716.4 | 9,065.1 | 8,459.8 | 7,426.9 | 5,234.6 | 3,634.2 | 4,759.5 | 4,085.3 | 3,405.9 | 3,473.7 | 3,301.0 |
| Provisions and contingencies | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit After Tax | 40,102.9 | 38,215.2 | 36,373.0 | 35,506.5 | 34,340.6 | 31,561.8 | 29,729.4 | 27,806.5 | 25,962.5 | 24,195.1 | 21,252.9 | 14,809.9 | 10,024.4 | 13,466.4 | 11,459.8 | 9,648.8 | 9,623.2 | 9,481.0 |
| Net Profit | 40,102.9 | 38,215.2 | 36,373.0 | 35,506.5 | 34,340.6 | 31,561.8 | 29,729.4 | 27,806.5 | 25,962.5 | 24,195.1 | 21,252.9 | 14,809.9 | 10,024.4 | 13,466.4 | 11,459.8 | 9,648.8 | 9,623.2 | 9,481.0 |
| ADDITIONAL INFOS: | ||||||||||||||||||
| Equity Capital | 1,237.3 | 1,236.0 | 1,235.4 | 1,210.6 | 1,210.3 | 1,208.9 | 1,208.6 | 1,208.2 | 1,207.3 | 1,206.6 | 1,207.2 | 1,205.1 | 1,204.6 | 1,203.2 | 1,205.2 | 1,201.3 | 1,200.8 | 1,199.9 |
| Reserves | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EPS | 64.7 | 61.9 | 59.4 | 58.7 | 56.8 | 52.3 | 49.2 | 46.1 | 43.0 | 40.1 | 35.3 | 24.6 | 16.7 | 22.4 | 19.1 | 16.1 | 16.0 | 15.8 |
| Operating Profit Margin | 68.8 | 70.4 | 70.2 | 70.7 | 70.5 | 70.3 | 69.4 | 68.7 | 67.4 | 68.8 | 64.4 | 58.2 | 55.0 | 60.0 | 60.0 | 57.3 | 58.5 | 54.1 |
| Net Profit Margin | 23.5 | 25.6 | 25.7 | 26.5 | 27.5 | 27.8 | 27.6 | 27.9 | 28.0 | 28.0 | 24.9 | 19.2 | 14.9 | 19.7 | 17.2 | 14.8 | 14.5 | 13.1 |
![]()
Financial Statement Analysis
Mcap Growth
The Industry Mcap Growth stands at 35.67, vs the Mcap Growth of -23.73, which results in a Negative aspect.
Net Sales Growth
The Industry Net Sales Growth stands at 16.24, vs the Net Sales Growth of 42.66, which results in a Positive aspect.
Technicals
![]()
Pivot Levels
Pivot Levels Check Advanced Levels ![]()
| Type | Classic | Woodie | Camarilla |
|---|---|---|---|
| R4 | 7,286.85 | 7,539.20 | 6,968.87 |
| R3 | 7,199.23 | 7,177.20 | 6,908.56 |
| R2 | 7,111.62 | 7,100.60 | 6,888.46 |
| R1 | 6,979.93 | 6,957.90 | 6,868.35 |
| Pivot | 6,892.32 | 6,881.30 | 6,892.32 |
| S1 | 6,760.63 | 6,738.60 | 6,828.15 |
| S2 | 6,673.02 | 6,662.00 | 6,808.05 |
| S3 | 6,541.33 | 6,519.30 | 6,787.94 |
| S4 | 6,409.65 | 6,223.40 | 6,727.64 |
(All Values are in INR)
The Pivot level gives the user an indication about key support & resistance levels for a selected stock.
EMA & SMA Levels 
![]()
Beta
Beta 1 Day
1.07
1 Week
1.07
1 Month
1.07
![]()
Indicators
Stoch RSI
97.65
Bearish
RSI
68.71
Neutral
ROC
-0.03
Bearish
UltimateOscillator
40.98
Neutral
Williams Indicator
-69.28
Neutral
CCI Indicator
7.86
Neutral
MACD
2,250.51
Bullish
Stochastic Indicator
40.40
Neutral
ATR
183.44
Low Volatility
Corporate Actions
![]()
Corporate Actions - Board Meet
Corporate Actions - Board Meet | Ex-Date | Ratio | Record Date |
|---|
| Ex-Date | Ratio | Record Date |
|---|---|---|
| Announcement Date | Dividend Amount | Dividend Percentage of FV | Dividend Type |
|---|---|---|---|
| 30-06-2023 | 30.00 | 1500 | Final |
| 30-06-2022 | 20.00 | 1000 | Final |
| 08-07-2021 | 10.00 | 500 | Final |
| Date Of Conduct | Board Meeting Details |
|---|---|
| 22-10-2024 | Quarterly Results |
| 25-04-2024 | Final Dividend & Audited Results |
| 29-01-2024 | Inter alia, the Board will also consider the raising of funds by debt instruments including non-convertible debentures (either Indian Currency / Foreign Currency) as a part of the proposed increase in the overall borrowing limit, pursuant to Section 180(1)(c) of the Companies Act, 2013, subject to approval of the shareholders. |
| 01-11-2023 | Issue Of Warrants |
| 17-10-2023 | Quarterly Results |
| 05-10-2023 | Inter alia, to consider the proposal for raising of funds through any or all of various methods including by way of preferential issue, qualified institutions placement, subject to such regulatory/statutory approvals as may be required, including approval of the shareholders of the Company. |
| 26-07-2023 | Quarterly Results |
| 26-04-2023 | Audited Results & Final Dividend |
| 27-01-2023 | Quarterly Results |
| 20-10-2022 | Quarterly Results |
| 27-07-2022 | Quarterly Results |
| 26-04-2022 | Dividend & Audited Results |
| 18-01-2022 | Quarterly Results Inter alia, the Board will also consider the raising of funds by debt issue/issue of non-convertible debentures as a part of the proposed increase in the overall borrowing limit, pursuant to Section 180(1)(c) of the Companies Act, 2013, subject to approval of the shareholders |
| 26-10-2021 | Quarterly Results |
| 20-07-2021 | Quarterly Results |