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    Bajaj

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    sameerpanda1403
    The document provides financial information about Bajaj Finserv Ltd, an Indian financial services company. It includes details of the company's revenues, profits, assets, returns and other financial metrics over several years. The company's return on equity was initially 9.5% in 2019 and decreased during the COVID period but increased again to 9.6% in 2023. The net profit margin averaged around 7.6% and return on assets was around 1.7%.

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    Bajaj

    Uploaded by

    sameerpanda1403
    8 views2 pages
    The document provides financial information about Bajaj Finserv Ltd, an Indian financial services company. It includes details of the company's revenues, profits, assets, returns and other financial metrics over several years. The company's return on equity was initially 9.5% in 2019 and decreased during the COVID period but increased again to 9.6% in 2023. The net profit margin averaged around 7.6% and return on assets was around 1.7%.

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    The document provides financial information about Bajaj Finserv Ltd, an Indian financial services company. It includes details of the company's revenues, profits, assets, returns and other financial metrics over several years. The company's return on equity was initially 9.5% in 2019 and decreased during the COVID period but increased again to 9.6% in 2023. The net profit margin averaged around 7.6% and return on assets was around 1.7%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    8 views2 pages

    Bajaj

    Uploaded by

    sameerpanda1403
    The document provides financial information about Bajaj Finserv Ltd, an Indian financial services company. It includes details of the company's revenues, profits, assets, returns and other financial metrics over several years. The company's return on equity was initially 9.5% in 2019 and decreased during the COVID period but increased again to 9.6% in 2023. The net profit margin averaged around 7.6% and return on assets was around 1.7%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Sector: Finance Industry: Finance & Investments

    INR 1,690
    52 Week High 1742 & 52 Week Low 1296

    About the Company


    Bajaj Finserv Ltd. is the holding company for the various financial services businesses under the Bajaj group. 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.

    Financial Summary

    Revenue (INR Cr) Net Profit (INR Cr) Average Total Asset
    6417.2 36940
    8 30662 7
    82072 4556.7 26557 9
    68406 4470.4 7 22986 4
    60592 3219.0 3369.1 6 18497 6
    54351
    4 3 1
    42605

    2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023

    Return on Equity (in %) Return on Asset (in %) Financial Leverage


    5.55x
    1.7% 1.7%
    9.5% 9.6% 5.44x
    1.7%
    7.8% 8.7% 7.8% 5.32x
    5.27x

    1.5% 1.5% 5.16x

    2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023

    Key Highlights
    The company delivered strong AUM growth of 35% y-o-y/7% q-o-q in Q3FY2024 on account of a
    strong pick-up in two-wheeler finance (12.3% q-o-q), SME lending (10.6% q-o-q), and mortgages (9.4% q-o-q).
    Newloans booked rose 26% y-o-y to 9.9 million. The company witnessed the highest-ever customer addition of
    3.85 million
    in Q3FY2024. Customer franchise rose to 80.4 million from 66 million y-o-y. The company expects new customers
    addition of 13-14 million in FY2024. PAT grew 22% y-o-y/2.5% q-o-q to Rs. 3,639 crore.Gross Direct Premium
    Income (GDPI) grew 19% y-o-y in Q3FY2024 as
    against the industry’s growth of 11.2%.
    BALIC reported healthy growth in the individual new business premium APE at 24% y-o-y, while overall APE grew
    22% y-o-y. VNB grew 19% y-o-y to Rs. 251 crore. VNB margins stood at 14.5%vs. 14.8% y-o-y. VNB margins were
    lower, led by a higher share of PAR and ULIP business along with lower group
    protection business.
    DuPont Analysis- Return on Equity & Return on Asset
    Return on Equity (ROE)
    Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
    Net Profit 3219.04 3369.13 4470.46 4556.77 6417.28
    Average Shareholder Equity 33982 43171 51481 58162 66531
    Return on Equity (ROE) 9.5% 7.8% 8.7% 7.8% 9.6%

    ROE-Dupont Equation
    Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
    Net Profit 3219.04 3369.13 4470.46 4556.77 6417.28
    Revenue 42605 54351 60592 68406 82072
    Net Profit Margin (A) 7.6% 6.2% 7.4% 6.7% 7.8%

    Revenue 42605 54351 60592 68406 82072


    Average Total Asset 184971 229866 265574 306629 369407
    Asset Turnover Ratio (B) 0.23x 0.24x 0.23x 0.22x 0.22x

    Average Total Asset 184971 229866 265574 306629 369407


    Average Shareholder Equity 33982 43171 51481 58162 66531
    Equity Multiplier (C) 5.44x 5.32x 5.16x 5.27x 5.55x

    Return on Equity (A*B*C) 9.5% 7.8% 8.7% 7.8% 9.6%

    Return on Asset (ROA)


    Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
    Net Profit 3219.04 3369.13 4470.46 4556.77 6417.28
    Average Total Asset 184971 229866 265574 306629 369407
    Return on Asset (ROA) 1.7% 1.5% 1.7% 1.5% 1.7%

    ROA-Dupont Equation
    Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
    Net Profit 3219.04 3369.13 4470.46 4556.77 6417.28
    Revenue 42605 54351 60592 68406 82072
    Net Profit Margin (A) 7.6% 6.2% 7.4% 6.7% 7.8%

    Revenue 42605 54351 60592 68406 82072


    Average Total Asset 184971 229866 265574 306629 369407
    Asset Turnover Ratio (B) 0.23x 0.24x 0.23x 0.22x 0.22x

    Return on Asset (A*B) 1.7% 1.5% 1.7% 1.5% 1.7%

    Dupont Summary
    Bajaj finserv Return on Equity was 9.5% in 2019 later decreased during the covid phase from 2020 to 2021 is 8.7% and
    7.8%. After covid phase the company saw a rise in ROE from 7.8% to 9.6% from 2022 to 2023 due to increase in Profit
    Margin an Equity multiplier.
    The company's Net profit margin is average of 7.6% from the year of 2019 to 2023.
    Return on Asset increased during 2019 to 2020 and forther maintain a average of 0.22x till the end of 2023.
    Disclaimer
    This Analysis is prepared by sameer panda under The mentorship of Ayush Jadia and Sararnsh chawda.This report and information herein is solely for
    informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other
    financial instruments.

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