According to its financial statement, Bajaj Financial has had constant growth over the last five years. From FY 2018 to FY 2022, the company’s total revenue climbed steadily, with the highest growth rate of 42.62% occurring in FY 2020. The corporation has been successful in keeping costs under control, with FY 2020 witnessing the highest growth rate. Profit after tax (PAT) for the business has likewise steadily improved, reaching an astounding growth rate of 59.02% in FY 2022. The operational profit margin has been strong, with FY 2019 seeing the greatest level. Also, steady has been the net profit margin, with the greatest level occurring in FY 2019.
CLICK HERE FOR MORE:
BAJAJ FINANCE LTD IN RECENT NEWS
- In the Q1FY24 update, Bajaj Finance reported a significant 34% surge in their loan book, accompanied by a notable 32% expansion in assets under management (AUM), reaching an impressive ₹2.7 lakh crore.
- Bajaj Finance Limited has partnered with Salesforce to introduce quicker and more streamlined lending journeys for their Auto Finance division.
- Bajaj Auto is currently seeking approval from the Reserve Bank of India (RBI) to establish a new Non-Banking Financial Company (NBFC) as part of Bajaj Finance’s diversification strategy.
HOW TO BUY BAJAJ FINANCE LTD SHARES?
You have a selection of trading platforms available to buy shares of Bajaj Finance Ltd, including:
BAJAJ FINANCE SHARE PRICE TARGET 2023
|BAJAJ FINANCE SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The data indicates a generally bullish trend with occasional dips, leading to an overall growth percentage of around 60% for the year.
Starting at a maximum price of ₹8,114.24 in July, the share price is expected to rise steadily over the next few months, reaching a peak of ₹10,996.42 in December. Despite some temporary setbacks, such as in October, the share price is projected to stay on an upward trajectory throughout the year.
Investors who are bullish on the financial services sector may find Bajaj Finance to be an attractive option for investment in 2023, given its strong growth prospects and predicted share price performance. However, as with any investment, it is important to do one’s due diligence and carefully consider the potential risks and rewards before making any investment decisions.
BAJAJ FINANCE SHARE PRICE TARGET 2024
|BAJAJ FINANCE SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The projected share price movements for Bajaj Finance in the year 2024 suggest a promising outlook for the company’s investors. The maximum share price is predicted to reach ₹15,395.46, while the minimum is expected to be ₹7,978.05. This indicates a growth potential of approximately 90% for the year, which is a significant increase over the previous year’s predictions.
The data suggests that the share price will start the year strong, with a high of ₹11,575.17 in January, and continue to climb until it reaches a peak of ₹15,395.46 in December. Despite a slight dip in April, the share price is projected to remain on an overall upward trajectory for the year.
BAJAJ FINANCE SHARE PRICE TARGET 2025
|BAJAJ FINANCE SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
Bajaj Finance, one of the leading non-banking financial companies in India, has been experiencing a bullish uptrend in the stock market. Looking at the share price prediction for 2025, it seems that the trend is set to continue. The maximum share price target for January 2025 is predicted to be ₹15,703.37, while the minimum is expected to be ₹12,079.52. However, as the year progresses, the share price is expected to increase, with the maximum target for December 2025 predicted to be ₹18,674.94, and the minimum at ₹14,365.34. This translates to a growth percentage of around 24% for the year 2025. It appears that Bajaj Finance is poised for growth and could be a promising investment opportunity for investors who are willing to take on a certain amount of risk.
BAJAJ FINANCE SHARE PRICE TARGET 2026 TO 2030
|BAJAJ FINANCE SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
In 2026, the maximum price is expected to be around ₹13,072.45, while the minimum price could be around ₹9,150.72. However, in 2027, the maximum price is expected to drop to ₹11,111.59 with the minimum price at ₹7,778.11. The year 2028 is expected to witness a significant uptrend with the maximum price target at ₹20,000.86 and the minimum price target at ₹14,000.60. In 2029, the growth trend is expected to continue with the maximum price target at ₹41,084.86 and the minimum price target at ₹28,759.40. Finally, in 2030, the maximum price target is expected to be around ₹45,753.59 while the minimum price target could be around ₹32,027.51. It is important to keep in mind that these are only predictions, and market conditions and other factors could significantly impact the actual performance of Bajaj Finance’s share price in the coming years.
CLICK HERE TO KNOW:
FINANCIAL STRENGTH OF BAJAJ FINANCE LTD (2019 TO 2023)
|Metric||Mar 2019||Mar 2020||Mar 2021||Mar 2022||Mar 2023|
|Expenses +(Rs crore)||5,454||9,159||10,839||11,880||12,680|
|Financing Profit(Rs crore)||6,310||7,608||6,314||9,906||16,018|
|Financing Margin %||34%||29%||24%||31%||39%|
|Other Income +(Rs crore)||13||9||3||-17||-4|
|Profit before tax(Rs crore)||6,179||7,322||5,992||9,504||15,528|
|Net Profit +(Rs crore)||3,995||5,264||4,420||7,028||11,508|
|EPS (in Rs)||69.12||87.48||73.35||116.09||190.07|
|Dividend Payout %||9%||11%||14%||17%||16%|
The company, over the last five years, has demonstrated impressive growth and performance. The revenue has shown a significant upward trend, increasing from ₹18,487 crore in March 2019 to ₹41,398 crore in March 2023. This substantial revenue growth showcases the company’s ability to expand its operations and capture market opportunities effectively.
Additionally, the financing profit has consistently increased, from ₹6,310 crore in March 2019 to ₹16,018 crore in March 2023, signifying a robust financial performance and effective management of the company’s lending activities.
The company’s financing margin percentage has shown positive fluctuations, indicating a balanced approach to risk and reward, and a focus on maintaining profitability while managing lending risks.
Moreover, the net profit has shown remarkable growth over the years, reaching ₹11,508 crore in March 2023, showcasing the company’s ability to generate substantial earnings and create value for its stakeholders.
The company’s earnings per share (EPS) have increased consistently, underlining the shareholders’ value creation and the company’s commitment to delivering strong returns.
Furthermore, the consistent dividend payout percentage demonstrates the company’s commitment to rewarding its shareholders by sharing a portion of its profits.
In conclusion, the financial data presented in the table highlights the commendable performance of the company, with impressive revenue growth, strong profitability, and diligent management of its financial operations. The company’s ability to adapt to market conditions, coupled with effective risk management, bodes well for its continued success and future prospects.
CLICK HERE FOR MORE:
BAJAJ FINANCE LTD SHARE PRICE TARGET BY EXPERTS:
- CLSA upgraded Bajaj Finance from an ‘Outperform’ rating to a ‘Buy’ recommendation and raised the target price to ₹9,000 per share from ₹6,000 (July 4, 2023 Update).
- Jeffries recommends purchasing Bajaj Finance shares with a target price of Rs 8,310.(June 25,2023)
- Prabhudas Lilladher has given a buy call on Bajaj Finance with a target price of Rs 7,835.(January 30,2023)
- KR Choksey also recommends buying Bajaj Finance shares with a target price of Rs 8,030.(February 2,2023)
These recommendations and target prices suggest positive sentiment and growth potential for Bajaj Finance Ltd shares. Investors may consider these insights while making investment decisions.
POINTS TO NOTICE WHILE INVESTING IN BAJAJ FINANCE LTD SHARES:
1. The company is expected to deliver a robust performance in the upcoming quarter.
2. Over the last 5 years, the company has achieved an impressive 35.8% CAGR in profit growth.
3. The stock is currently trading at 8.47 times its book value.
4. There are indications that the company might be capitalizing the interest cost.
The maximum share price target of Bajaj Finance in 2028 is Rs. 20000.86
The maximum share price target of Bajaj Finance in 2029 is Rs. 41084.86
The maximum share price target of Bajaj Finance in 2030 is Rs. 45753.59
CONCLUSION: BAJAJ FINANCE LTD
According to the financial accounts over the previous five years, Bajaj Finance’s revenue, PAT, and profit margins have impressively increased. The company’s PAT growth has been remarkable, with a 59% increase in FY2022, while the sales growth has constantly exceeded 30%. Also, the profit margin has continuously been strong, averaging over 20%. It is crucial to remember that the company’s running expenses have increased as well as the overall expenses, which have grown significantly. Overall, the financial statements of Bajaj Finance show that revenue and profit growth are on the upswing. But it’s always a good idea to do more study before buying any stock, taking into account market trends, rivalry, and the company’s prospects for the future.
Based on experts’ views, the company’s performance appears promising. The anticipation of a strong quarter, coupled with a remarkable 35.8% CAGR in profit growth over the last 5 years, reflects the company’s ability to deliver consistent and impressive financial results. Moreover, the stock’s trading at 8.47 times its book value suggests investor confidence in the company’s growth prospects. However, there are also observations that the company might be capitalizing the interest cost, which could warrant further scrutiny. Overall, the company’s positive performance and potential warrant close attention from investors seeking opportunities in the market.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.