Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Schedule of Analyst/Institutional Investor Meeting17-10-2023
17-10-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Investor Presentation
Revised Investor Presentation for the quarter ended 30 September 202317-10-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for the quarter ended 30 September 202317-10-2023
Q2FY24 Quarterly Result Announced for Bajaj Finance Ltd.
Non-banking Financial company Bajaj Finance announced Q2FY24 results: Consolidated Q2FY24: The number of new loans booked during Q2FY24 grew by 26% to 8.53 million as against 6.76 million in Q2FY23. Customer franchise stood at 76.56 million as of September 30, 2023, as compared to 62.91 million as of September 30, 2022, a growth of 22%. The Company's customer franchise grew by 3.58 million in Q2FY24. Assets under management (AUM) grew by 33% to Rs 2,90,264 crore as of September 30, 2023, from Rs 2,18,366 crore as of September 30, 2022. AUM in Q2FY24 grew by Rs 20,167 crore. ~ Net interest income for Q2FY24 increased by 26% to Rs 8,845 crore from Rs 7,002 crore in Q2FY23. Operating expenses to net interest income for Q2FY24 was 34.0% as against 35.9% in Q2FY23. Loan losses and provisions for Q2FY24 were Rs 1,077 crore as against Rs 734 crore in Q2FY23. The Company holds a management and macro-economic overlay of Rs 740 crore as of September 30, 2023. Profit before tax for Q2FY24 increased by 27% to Rs 4,758 crore from Rs 3,752 crore in Q2FY23. Profit after tax for Q2FY24 increased by 28% to Rs 3,551 crore from Rs 2,781 crore in Q2FY23. Gross NPA and Net NPA as of September 30, 2023, stood at 0.91% and 0.31% respectively, as against 1.17% and 0.44% as of September 30, 2022. The Company has a provisioning coverage ratio of 66% on stage 3 assets as of September 30, 2023. Capital adequacy ratio (including Tier-II capital) as of September 30, 2023 was 23.19%. The Tier-I capital was 21.88%. The Company enjoys the highest credit rating of AAA/Stable for its long-term debt program from CRISIL, ICRA, CARE, and India Ratings, A1+ for short-term debt program from CRISIL, ICRA, and India Ratings, and AAA (Stable) for its fixed deposits program from CRISIL and ICRA. The Company has been assigned a long-term issuer rating of BBB-/Stable and a short-term issuer rating of A-3 by S&P; Global ratings. Standalone Q2FY24: Assets under management grew by 35% to Rs 2,14,891 crore as of September 30, 2023, from Rs 1,59,452 crore as of September 30, 2022. Net interest income for Q2FY24 increased by 26% to Rs 8,059 crore from Rs 6,397 crore in Q2FY23. Loan losses and provisions for Q2FY24 were Rs 1,059 crore as against Rs 705 crore in Q2FY23. The Company holds a management and macro-economic overlay of Rs 564 crore as of September 30, 2023. Profit after tax for Q2FY24 increased by 26% to Rs 3,106 crore from Rs 2,472 crore in Q2FY23. Result PDF17-10-2023
Bajaj Finance Limited - 500034 - Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30 September 2023
Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 202317-10-2023
Bajaj Finance Limited - 500034 - Board Meeting Outcome for Outcome Of Board Meeting Held On 17 October 2023
The Board Meeting today commenced at 2.45 p.m. and consideration of financial results for the quarter and half year ended 30 September 2023 was approved at 3.40 p.m. The proceedings of the Board Meeting are in progress at the time of filing of this disclosure.17-10-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Issue of Securities
Intimation of Allotment of Secured Redeemable Non- Convertible Debentures on Private Placement basis17-10-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Acquisition
Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015.17-10-2023
Bajaj Finance Q2 preview: Profit may grow 30% YoY; pressure on margins likely
The non-bank lender's profit will be driven by strong net interest income growth and stable asset quality, said analysts16-10-2023
Bajaj Finance Limited - 500034 - Compliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)
Specifications related to International Securities Identifications Number (ISINs) for debt securities issued under the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 202114-10-2023