Bajaj Finance Q4 results: Net profit rises 21% to Rs 3,825 cr, Rs 36 dividend declared (2024)

Bajaj Finance said it formally requested RBI for removal of restrictions on sanction and disbursal of loans under 'eCOM' and 'lnsta EMI Card'

April 25, 2024 / 06:20 PM IST

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Bajaj Finance Q4 results: Net profit rises 21% to Rs 3,825 cr, Rs 36 dividend declared (2024)

FAQs

Bajaj Finance Q4 results: Net profit rises 21% to Rs 3,825 cr, Rs 36 dividend declared? ›

Bajaj Finance Ltd (BFL) on Thursday reported a consolidated net profit of Rs 3,825 crore for the quarter ended March 2023 (Q4FY24), up 21 per cent from a year ago. The non-banking finance company had posted a net profit of Rs 3,158 crore in the same quarter a year ago.

What are the results of Bajaj Finance Q4? ›

The EPS is ₹77.53 for Q4 which increased by 23.98% Y-o-Y. Bajaj Finance has delivered 5.83% return in the last 1 week, -1.71% return in the last 6 months and -0.45% YTD return. Currently, Bajaj Finance has a market cap of ₹451316.4 Cr and 52wk high/low of ₹8192 & ₹6066 respectively.

What is the dividend of Bajaj Finance Q4? ›

Total revenue from operations for the reported quarter stood at Rs 14,926.21 crore which was up 31.34% YoY over Rs 11,364.01 crore reported by the company in the corresponding period of the previous financial year. The company has declared a final dividend of Rs 36 per share for the financial year ended March 31, 2024.

What is the dividend of Bajaj Finance in 2024? ›

For the year ending March 2024 Bajaj Finance has declared an equity dividend of 1800.00% amounting to Rs 36 per share. At the current share price of Rs 7134.25 this results in a dividend yield of 0.5%.

Why is Bajaj Finance falling? ›

Bajaj Finance shares dropped on BSE as investors reacted negatively to Q4 results. Motilal Oswal downgrades the stock to neutral rating citing weak FY25 guidance. Concerns include new product segments like cars, tractors, CVs, and potentially MFI.

What is the future of Bajaj Finance? ›

Future Growth

Bajaj Finance is forecast to grow earnings and revenue by 19.2% and 24.1% per annum respectively. EPS is expected to grow by 18.7% per annum. Return on equity is forecast to be 22% in 3 years.

Is Bajaj Finance split? ›

Bajaj Finserv shares have started to trade ex-split in the ratio of 1:5 and ex-bonus in the ratio of 1:1 from September 13, 2022.

When did Bajaj Finance give bonus shares? ›

Bajaj Finserv has fixed 14th September as its record date for the purpose of finalizing eligible shareholders for bonus share and stock split. So, the ex-date for the Bajaj Finserv bonus and split will be 13th September.

Is Bajaj Finance overvalued? ›

The intrinsic value of one BAJFINANCE stock under the Base Case scenario is 9 105.9383 INR. Compared to the current market price of 7 232.2002 INR, Bajaj Finance Ltd is Undervalued by 21%.

Is Bajaj Finance a good buy now? ›

Bajaj Finance has TTM P/E ratio 30.59 as compared to the sector P/E of 29.52. There are 31 analysts who have initiated coverage on Bajaj Finance. There are 14 analysts who have given it a strong buy rating & 8 analysts have given it a buy rating. 4 analysts have given the stock a sell rating.

Is it safe to keep money in Bajaj Finance? ›

The Bajaj Finance FD has one of the highest [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings to ensure that your deposits are secured with us and safely invested. Portfolio diversification: A portfolio may be more susceptible to market risks if it is exposed primarily to equity assets.

What is the result of Poonawalla Finance Q4? ›

Poonawalla Fincorp Q4 Results: Profit jumps 67% YoY to Rs 332 crore. Poonawalla Fincorp on Monday reported a 67 per cent jump in consolidated net profit to Rs 332 crore in the March quarter. The company had posted a net profit of Rs 199 crore during the corresponding quarter of the previous financial year.

What are the results of PB Fintech Q4? ›

PB Fintech Q4 Results Live : PB Fintech declared their Q4 results on 07 May, 2024. The topline increased by 25.37% & the profit came at ₹60.59cr.

What is the forecast for Bajaj Finance? ›

Bajaj Finance Ltd. has an average target of 8535.25. The consensus estimate represents an upside of 16.10% from the last price of 7351.90. View 31 reports from 10 analysts offering long-term price targets for Bajaj Finance Ltd..

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