Bullish signal on daily chart
With a large customer base within the group, the company has a big opportunity to cross-sell its insurance product. This helps in keeping the insurance marketing costs under control resulting in healthier margins.
With a large customer base within the group, the company has a big opportunity to cross-sell its insurance product. This helps in keeping the insurance marketing costs under control resulting in healthier margins.
Company witnessed QoQ revenue decline of 9.34%, which is lowest in the last 3 years. (Source: Consolidated Financials)
Stock gave a 3 year return of 161.2% as compared to Nifty 100 which gave a return of 50.65%. (as of last trading session)
Company has spent 15.09% of its operating revenues towards interest expenses and 7.75% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)
PE Ratio
This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.
EPS - TTM
Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.
MCap
MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.
Sectoral MCap Rank
This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.
PB Ratio
Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.
Dividend Yield
Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.
Face Value
Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.
Beta
1 Month | 2.16 |
3 Months | 1.94 |
6 Months | 1.47 |
1 Year | 1.54 |
3 Years | 1.42 |
VWAP
Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.
52W H/L
This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
AnnouncementsCurrent
Mean Recos by 10 Analysts
That's all for Bajaj Finserv recommendations. Check out other stock recos.
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 2 |
Buy | 3 | 3 | 3 | 5 |
Hold | 4 | 4 | 4 | 3 |
Sell | - | - | - | - |
Strong Sell | - | - | - | - |
# Analysts | 10 | 10 | 10 | 10 |
Quarterly Topline Performance
Company witnessed QoQ revenue decline of 9.34%, which is lowest in the last 3 years. (Source: Consolidated Financials)Employee & Interest Expense
Company has spent 15.09% of its operating revenues towards interest expenses and 7.75% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)Quarterly | Annual | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 |
---|---|---|---|---|---|
Total Income | 13,949.45 | 15,387.25 | 15,960.72 | 15,051.59 | 14,192.01 |
Total Income Growth (%) | -9.34 | -3.59 | 6.04 | 6.06 | 6.75 |
Total Expenses | 9,991.71 | 10,881.50 | 10,923.12 | 10,554.70 | 9,228.45 |
Total Expenses Growth (%) | -8.18 | -0.38 | 3.49 | 14.37 | -7.25 |
EBIT | 3,957.74 | 4,505.75 | 5,037.60 | 4,496.89 | 4,963.56 |
EBIT Growth (%) | -12.16 | -10.56 | 12.02 | -9.40 | 48.43 |
Profit after Tax (PAT) | 832.77 | 979.06 | 1,289.96 | 986.29 | 1,215.15 |
PAT Growth (%) | -14.94 | -24.10 | 30.79 | -18.83 | 524.98 |
EBIT Margin (%) | 28.37 | 29.28 | 31.56 | 29.88 | 34.97 |
Net Profit Margin (%) | 5.97 | 6.36 | 8.08 | 6.55 | 8.56 |
Basic EPS (₹) | 52.30 | 61.50 | 81.10 | 62.00 | 76.40 |
All figures in Rs Cr, unless mentioned otherwise
Annual | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
---|---|---|---|---|---|
Total Assets | 2,80,164.32 | 2,51,384.19 | 2,08,522.86 | 1,61,561.99 | 1,28,623.15 |
Total Assets Growth (%) | 11.45 | 20.55 | 29.07 | 25.61 | 24.34 |
Total Liabilities | 2,21,870.34 | 2,00,522.79 | 1,71,975.14 | 1,30,304.70 | 1,05,271.99 |
Total Liabilities Growth (%) | 10.65 | 16.60 | 31.98 | 23.78 | 25.37 |
Total Equity | 58,293.98 | 50,861.40 | 36,547.72 | 31,257.29 | 23,351.16 |
Total Equity Growth (%) | 14.61 | 39.16 | 16.93 | 33.86 | 19.90 |
Current Ratio (x) | 1.95 | 1.92 | 1.87 | 2.46 | 1.16 |
Total Debt to Equity (x) | 3.57 | 4.04 | 4.20 | 3.21 | 2.99 |
Contingent Liabilities | 5,423.33 | 5,853.91 | 2,547.48 | 2,068.67 | 1,676.38 |
All figures in Rs Cr, unless mentioned otherwise
Decrease in Cash from Investing
Company has used Rs 3683.8 cr for investing activities which is an YoY decrease of 62.97%. (Source: Consolidated Financials)Annual | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
---|---|---|---|---|---|
Net Cash flow from Operating Activities | 4,547.40 | -23,369.03 | -27,076.37 | -19,580.16 | -10,922.24 |
Net Cash used in Investing Activities | -3,683.80 | -9,948.00 | -6,903.41 | -921.50 | 151.30 |
Net Cash flow from Financing Activities | 1,686.95 | 34,479.35 | 34,534.82 | 19,590.17 | 12,512.74 |
Net Cash Flow | 2,550.55 | 1,162.32 | 555.04 | -911.49 | 1,741.80 |
Closing Cash & Cash Equivalent | 7,811.88 | 5,261.33 | 4,099.01 | 3,543.97 | 4,455.44 |
Closing Cash & Cash Equivalent Growth (%) | 48.48 | 28.36 | 15.66 | -20.46 | 60.53 |
Total Debt/ CFO (x) | 28.13 | -5.42 | -3.68 | -3.36 | -4.42 |
All figures in Rs Cr, unless mentioned otherwise
Annual | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
---|---|---|---|---|---|
Return on Equity (%) | 12.47 | 10.76 | 13.55 | 12.93 | 14.01 |
Return on Capital Employed (%) | 13.35 | 14.02 | 14.52 | 10.74 | 10.96 |
Return on Assets (%) | 1.59 | 1.34 | 1.54 | 1.64 | 1.75 |
Interest Coverage Ratio (x) | 2.08 | 1.89 | 2.25 | 2.35 | 2.33 |
Asset Turnover Ratio (x) | 21.62 | 21.61 | 20.43 | 20.34 | 19.05 |
Price to Earnings (x) | 34.48 | 21.69 | 34.84 | 31.15 | 28.82 |
Price to Book (x) | 4.29 | 2.33 | 4.72 | 4.02 | 4.03 |
EV/EBITDA (x) | 15.42 | 11.97 | 14.94 | 14.58 | 13.66 |
EBITDA Margin (%) | 32.18 | 33.29 | 35.01 | 32.82 | 35.55 |
MANAGEMENT DISCUSSION AND ANALYSIS (FY 20-21)
Insurance - both head and tail winds
From Q3 FY2021 onwards, businesses started to revive and, by the end of the year, many segments reached their pre-COVID-19 levels in terms of growth. Having said so, it needs emphasising that recovery in a few segments like passenger carrying commercial vehicles is yet to gain full momentum. On the Motor Third Party segment, where the price is fixed by means of a tariff, there was no increase in premium rates granted in FY2021 and no increase is expected for FY2022 either. This is a segment where the industry historically has loss ratios above 90%. On the claims front, lower frequency of accidents in motor insurance and non-COVID-19 health insurance claims were positive events which were partially offset by a significant occurrence of COVID-19 claims in health insurance. Average claim sizes started moving up for motor and non-COVID-19 health claims as the recovery started. Despite such challenging circumstances on all fronts and in spite of sharp decline in GWP in the first half of FY2021, the industry posted growth of 4.0% for FY2021. This was largely driven by growth in health and property insurance.
Capital and solvency
Paid up capital, including share premium, stood at ` 277 crore as at 31 March 2021. No fresh capital was infused in FY2021. BAGIC completed 13 consecutive years since the last capital infusion and continues to be one of the most efficient users of capital in the private sector ? as measured by the ratio of GWP to share capital and by GWP to shareholders? equity. Shareholders? equity of BAGIC was ` 7,524 crore as on 31 March 2021, versus ` 5,642 crore a year earlier. As on 31 March 2021, BAGIC?s solvency margin was at 345%, which is well above the normal regulatory requirement of 150%.
Provisions for expected credit losses
Through FY2021, BFL made prudent loss provisions and write-offs based on credit weaknesses arising out of the pandemic. In FY2021, it absorbed an elevated credit loss of ` 5,969 crore versus ` 3,929 crore in FY2020. Despite such provisioning, BFL delivered a consolidated pre-tax profit of ` 5,992 crore. This validates its business model, which creates an adequate quantum of pre-impairment profitability to absorb higher losses resulting from such unforeseen events. BFL ended the year with a net NPA of 0.75% on consolidated basis. The standalone net NPA stood at 0.91%. On a consolidated basis, the provision coverage on non-NPA assets, excluding the management overlay provision, stood at 145 bps; and at 181 bps including the management overlay provision.
Bullish / Bearish signals for Bajaj Finserv Ltd. basis selected technical indicators and moving average crossovers.
5 Day EMA Crossover
Bullish signal on daily chart
Appeared on: 9 Sep 2021
5D EMA: 16693.00
Date | 7 days Gain/Loss % |
---|---|
11 Aug 2021 | 7.26% |
9 Aug 2021 | 0.64% |
22 Jul 2021 | 14.24% |
6 Jul 2021 | 7.51% |
Average price gain of 3.39% within 7 days of Bullish signal in last 5 years
MACD Crossover
Bearish signal on daily chart
Appeared on: 8 Sep 2021
Region: Positive
Date | 10 days Gain/Loss % |
---|---|
10 Aug 2021 | -1.31% |
30 Jun 2021 | -3.78% |
7 Jun 2021 | -3.37% |
3 Jun 2021 | -0.29% |
Average price decline of -3.21% within 10 days of Bearish signal in last 10 years
R1 | R2 | R3 | PIVOT | S1 | S2 | S3 | |
---|---|---|---|---|---|---|---|
Classic | 16752.57 | 16869.68 | 17048.08 | 16691.28 | 16574.17 | 16512.88 | 16334.48 |
5 DAYS | 14 DAYS | 28 DAYS | |
---|---|---|---|
ATR | 348.12 | 405.02 | 388.30 |
Stock Returns vs Nifty 100
Stock gave a 3 year return of 161.2% as compared to Nifty 100 which gave a return of 50.65%. (as of last trading session)Stock Returns vs Nifty Financial Services
Stock generated 161.2% return as compared to Nifty Financial Services which gave investors 60.14% return over 3 year time period. (as of last trading session)Choose from Peers
Choose from Stocks
Stock Returns vs Nifty 100
Stock gave a 3 year return of 161.2% as compared to Nifty 100 which gave a return of 50.65%. (as of last trading session)Stock Returns vs Nifty Financial Services
Stock generated 161.2% return as compared to Nifty Financial Services which gave investors 60.14% return over 3 year time period. (as of last trading session)1,153.02
Amount Invested (in Cr.)
3.72%
% of AUM
3.18
% Change (MoM basis)
545.91
Amount Invested (in Cr.)
3.06%
% of AUM
14.98
% Change (MoM basis)
189.18
Amount Invested (in Cr.)
3.16%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 31 July 2021
Price
16,809.00-0.50 (-0.00%)
Open Interest
7,92,0756,600 (0.83%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
16,752.85 | 16,844.00 | 16,605.70 | 16,809.50 | 768 | 16,062.06 |
Open Interest as of 09 Sep 2021
Meeting Date | Announced on | Purpose | Details |
---|---|---|---|
Jul 21, 2021 | Jun 22, 2021 | Board Meeting | Quarterly Results |
Jul 21, 2021 | Apr 28, 2021 | AGM | Book closure from 10 Jul, 2021 to 21 Jul, 2021 |
Apr 28, 2021 | Mar 26, 2021 | Board Meeting | Audited Results & Dividend |
Jan 20, 2021 | Dec 18, 2020 | Board Meeting | Quarterly Results |
Oct 21, 2020 | Sep 23, 2020 | Board Meeting | Quarterly Results |
Type | Dividend | Dividend per Share | Ex-Dividend Date | Announced on |
---|---|---|---|---|
Final | 60% | 3.0 | Jul 08, 2021 | Apr 28, 2021 |
Interim | 100% | 5.0 | Mar 03, 2020 | Feb 24, 2020 |
Final | 50% | 2.5 | Jul 11, 2019 | May 16, 2019 |
Final | 35% | 1.75 | Jul 05, 2018 | May 17, 2018 |
Final | 35% | 1.75 | Jul 06, 2017 | May 18, 2017 |
All Types | Ex-Date | Record Date | Announced on | Details |
---|---|---|---|---|
Rights | Sep 06, 2012 | Sep 08, 2012 | May 16, 2012 | Rights ratio: 1 share for every 10 held at a price of Rs 650.0 |
Bajaj Finserv Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 266,443.82 Crore) operating in NBFC sector. Bajaj Finserv Ltd. key Products/Revenue Segments include Dividend, Interest, Power Generation, Income From Sale Of Share & Securities, Renewable Energy Certificates and Rental Income for the year ending 31-Mar-2021. Show More
Rahul Bajaj
Chairman EmeritusSanjiv Bajaj
Chairman & Managing DirectorAnami N Roy
DirectorD J Balaji Rao
DirectorGita Piramal
DirectorMadhur Bajaj
DirectorIndustry
Key Indices Listed on
Nifty 50, S&P BSE Sensex, Nifty 100, + 23 more
Address
Bajaj Auto Limited Complex,Mumbai - Pune Road,Akurdi,Pune, Maharashtra - 411035
Bajaj Finserv Ltd. share price moved up by 0.30% from its previous close of Rs 16,750.50. Bajaj Finserv Ltd. stock last traded price is 16,800.00
Share Price | Value |
---|---|
Today/Current/Last | 16,800.00 |
Previous Day | 16,750.50 |
DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).
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