A prominent provider of financial services in India, Bajaj Finserv Ltd. provides a variety of goods and services, including lending, wealth management, insurance, and more. Investors always seek information about the company’s and its stock’s potential future performance, just as with any publicly listed company. The share price target, which denotes the anticipated future price of the stock, is a crucial component of this. In order to forecast Bajaj Finserv Ltd’s share price goal for the years 2023 to 2030, we will examine its financials, market trends, and other aspects in this article. In doing so, we intend to give investors useful information that will enable them to decide on an educated basis whether to participate in this prospective firm.
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Contents
BAJAJ FINSERV IN RECENT NEWS
- Bajaj Finserv’s Q1 results show a remarkable 48% year-on-year spike in consolidated profit after tax, reaching Rs 1,943 crore. Additionally, the company’s revenue has witnessed a substantial 47% jump during the same period.
- In a recent interview, Shilpa Rout, an expert from Prabhudas Lilladher, emphasized Bajaj Finserv as an attractive investment opportunity in the Indian stock market, citing its impressive performance and potential for future growth.
- Bajaj Finserv exhibits a promising growth potential, evident from its PEG ratio of 17.49 and sustainable growth rate of 13.68. These indicators suggest that the company’s earnings growth is supported by a healthy balance between profitability and sustainable expansion.
HOW TO BUY BAJAJ FINSERV SHARES?
You have several options for purchasing Bajaj Finserv shares through various trading platforms:
1. Zerodha
2. Upstox
3. Groww
4. AngelOne
5. ICICIDirect
6. Paytm Money (Recommended)
BAJAJ FINSERV SHARE PRICE TARGET 2023
| BAJAJ FINSERV SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| August 2023 | ₹1,560.00 | ₹1,418.18 |
| September 2023 | ₹1,595.88 | ₹1,450.80 |
| October 2023 | ₹1,549.40 | ₹1,408.54 |
| November 2023 | ₹1,580.39 | ₹1,436.71 |
| December 2023 | ₹1,627.80 | ₹1,479.82 |
It appears that the company’s share price is on an upward trend, with a bullish growth percentage predicted for the year. The maximum and minimum prices of each month show a consistently positive uptrend in the share price, with some months experiencing more significant growth than others.
According to the table, the highest predicted share price for Bajaj Finserv in 2023 is₹1,627.80 in December, while the lowest predicted price is ₹966.31 in May. The growth percentage in some months is notably higher than others, such as the predicted growth of over 70% from May to June.
BAJAJ FINSERV SHARE PRICE TARGET 2024
| BAJAJ FINSERV SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹1,713.47 | ₹1,489.97 |
| February 2024 | ₹1,862.47 | ₹1,619.54 |
| March 2024 | ₹1,881.28 | ₹1,635.90 |
| April 2024 | ₹1,710.26 | ₹1,487.18 |
| May 2024 | ₹1,425.21 | ₹1,239.32 |
| June 2024 | ₹1,710.26 | ₹1,487.18 |
| July 2024 | ₹1,453.72 | ₹1,264.10 |
| August 2024 | ₹1,599.09 | ₹1,390.51 |
| September 2024 | ₹1,679.04 | ₹1,460.04 |
| October 2024 | ₹1,975.35 | ₹1,717.69 |
| November 2024 | ₹2,074.11 | ₹1,803.58 |
| December 2024 | ₹2,115.60 | ₹1,839.65 |
The maximum predicted share price for the year is ₹2,115.60 in December, while the minimum predicted share price is ₹1,713.47 in January. This indicates a potential growth percentage of over 230% from the lowest predicted price to the highest.
There are several months in which the share price is predicted to experience significant growth, such as March and October. However, even in months where the growth is less pronounced, the overall trajectory of the share price remains positive.
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BAJAJ FINSERV SHARE PRICE TARGET 2025
| BAJAJ FINSERV SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹2,157.91 | ₹1,659.93 |
| February 2025 | ₹2,271.48 | ₹1,747.29 |
| March 2025 | ₹2,385.06 | ₹1,834.66 |
| April 2025 | ₹2,129.51 | ₹1,638.09 |
| May 2025 | ₹1,935.92 | ₹1,489.17 |
| June 2025 | ₹2,129.51 | ₹1,638.09 |
| July 2025 | ₹2,028.11 | ₹1,560.08 |
| August 2025 | ₹2,112.61 | ₹1,625.09 |
| September 2025 | ₹2,218.24 | ₹1,706.34 |
| October 2025 | ₹2,351.34 | ₹1,808.72 |
| November 2025 | ₹2,515.93 | ₹1,935.33 |
| December 2025 | ₹2,566.25 | ₹1,974.04 |
The maximum share price target for January 2025 is estimated to be around ₹2,566.25 which is almost a 40% increase from the previous year’s highest prediction. Even the minimum share price target for January 2025 is estimated to be around ₹2,157.91 which is almost a 25% increase from the previous year’s lowest prediction. This bullish trend is expected to continue throughout the year, with the maximum share price target for December 2025 estimated to be around ₹2,566.25 and the minimum share price target around ₹1,974.04 . Overall, this suggests that Bajaj Finserv is likely to maintain its growth trajectory in 2025, and investors can expect a positive return on their investments.
BAJAJ FINSERV SHARE PRICE TARGET 2026 TO 2030
| BAJAJ FINSERV SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹1,796.38 | ₹1,257.46 |
| 2027 | ₹1,526.92 | ₹1,068.84 |
| 2028 | ₹2,748.45 | ₹1,923.92 |
| 2029 | ₹5,645.75 | ₹3,952.03 |
| 2030 | ₹6,287.31 | ₹4,401.12 |
Looking ahead to the future, Bajaj Finserv is expected to experience both ups and downs in terms of share price. The year 2026 is projected to see a maximum price of ₹1,796.38 and a minimum price of ₹1,257.46 . However, by 2028, the maximum price is expected to soar to ₹2,748.45 , indicating a bullish trend. The following year, 2029, is expected to see an even more significant uptrend with a maximum price of ₹5,645.75 . By the end of the decade in 2030, Bajaj Finserv’s maximum share price is projected to reach ₹6,287.31, showing a steady growth percentage in the long term. Nonetheless, it’s important to keep in mind that share prices can be impacted by numerous factors and may not always follow predicted trends.
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FINANCIAL STRENGTH OF BAJAJ FINSERV LTD (2019 TO 2023)
| ANNUAL | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Sales +(Rs crore) | 42,605 | 54,351 | 60,592 | 68,406 | 82,072 |
| Expenses +(Rs crore) | 27,569 | 36,094 | 40,950 | 46,951 | 52,204 |
| Operating Profit(Rs crore) | 15,037 | 18,258 | 19,641 | 21,455 | 29,868 |
| OPM % | 35% | 34% | 32% | 31% | 36% |
| Other Income +(Rs crore) | 2 | 0 | -7 | 8 | 1 |
| Interest(Rs crore) | 6,657 | 9,500 | 9,274 | 9,629 | 12,380 |
| Depreciation(Rs crore) | 226 | 457 | 498 | 563 | 678 |
| Profit before tax(Rs crore) | 8,155 | 8,302 | 9,862 | 11,271 | 16,811 |
| Tax % | 34% | 28% | 25% | 26% | 27% |
| Net Profit +(Rs crore) | 5,374 | 5,994 | 7,367 | 8,314 | 12,210 |
| EPS in Rs | 20.23 | 21.17 | 28.09 | 28.63 | 40.29 |
| Dividend Payout % | 1% | 2% | 1% | 1% | 2% |
Over the past five years (from March 2019 to March 2023), the company has shown consistent revenue growth, increasing from ₹42,605 crores to ₹82,072 crores. It effectively managed expenses, with costs rising from ₹27,569 crores to ₹52,204 crores. The operating profit margin fluctuated between 31% and 36%, with the latest figure at 36%. Other income varied, with a dip in 2021 to -₹7 crores, followed by a slight recovery to ₹1 crore in 2023. Interest expenses rose from ₹6,657 crores to ₹12,380 crores, while net profit showed steady growth, reaching ₹12,210 crores from ₹5,374 crores. The company’s earnings per share (EPS) also increased from ₹20.23 to ₹40.29, and the dividend payout percentage remained conservative, ranging between 1% and 2%. Overall, the company displayed positive financial performance, with revenue growth and increasing profitability being key highlights.
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FAQ’s
The maximum share price target of Bajaj Finserv in 2025 is Rs. ₹2,566.25
The maximum share price target of Bajaj Finserv in 2028 is Rs. 4458.84
The maximum share price target of Bajaj Finserv in 2029 is Rs. 9159.15
The maximum share price target of Bajaj Finserv in 2030 is Rs. 10199.17
BAJAJ FINSERV SHARE PRICE TARGET BY EXPERTS:
Shrikant Chouhan recommends buying Bajaj Finserv shares with a target price of Rs 1670.(July 14,2023)
POINTS TO NOTE WHILE INVESTING IN BAJAJ FINSERV LTD SHARES?
– Profit growth over the last 5 years: The company delivered a commendable 19.4% Compound Annual Growth Rate (CAGR) in profits.
– Sales growth over the last 10 years: The company’s median sales growth rate for the past decade has been a solid 20.0%.
– Stock valuation: The current stock price trades at 5.10 times its book value, indicating a valuation premium in the market.
– Return on Equity (ROE) performance: Over the past 3 years, the company’s ROE has been relatively low, standing at 13.4%.
CONCLUSION: BAJAJ FINSERV LTD
Bajaj Finserv has demonstrated steady growth in terms of sales, PAT, and profit growth throughout the course of the previous five financial statements. Over the years, the business has also been able to keep up strong operating and net profit margins. The company’s revenue growth has been consistent, and the PAT has increased significantly over time. It is crucial to remember that over time, there have been variations in the percentage growth of revenue and expenses.
Bajaj Finserv shares might be viewed as a solid investment opportunity given the company’s overall growth and financial stability. But, before making any decisions, it is crucial to undertake additional study and analysis, taking into account elements including industry trends, market circumstances, and competitor analysis
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.