Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
Alteration of Articles of Associations (AoA) of the Company.28-07-2023
28-07-2023
Bajaj Finance Limited - 500034 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Submission of Voting Result and Scrutinizer''s Report.27-07-2023
Bajaj Finance shares jump 2% on Q1 earnings. How to trade it now?
Kotak retained a 'Reduce' stance on the counter and estimates the fair value at Rs 6,800. Bajaj Finance reported a strong quarter, buoyed by AUM growth, with sales finance (consumer durable loans), two-wheeler and commercial loans being the largest drivers. As such, momentum may remain strong at 27% YoY for the rest of the year, but moderate from the highs of Q1.27-07-2023
Bajaj Finance Results Earnings Call for Q1FY24
Conference Call with Bajaj Finance Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.26-07-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The audio recording of the conference call has been hosted on the website of the Company and is available at ''QUARTERLY EARNINGS CALL'' drop down https://www.bajajfinserv.in/finance-investor-presentation.26-07-2023
Bajaj Finance Limited - 500034 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Summary of proceedings of 36th Annual General Meeting held on Wednesday, 26 July 2023.26-07-2023
Q1FY24 Quarterly Result Announced for Bajaj Finance Ltd.
Non-banking financial company Bajaj Finance announced Q1FY24 results: Number of new loans booked during Q1FY24 grew by 34% to 9.94 million as against 7.42 million in Q1FY23, the highest ever new loans in a quarter. Customer franchise stood at 72.98 million as of 30 June 2023 as compared to 60.30 million as of 30 June 2022, a growth of 21%. The company recorded the highest-ever quarterly increase in its customer franchise of 3.84 million in Q1FY24. Assets under management (AUM) grew by 32% to Rs 2,70,097 crore as of 30 June 2023 from Rs 2,04,018 crore as of 30 June 2022. The company recorded the highest-ever quarterly increase in its AUM of Rs 22,718 crore in Q1FY24. AUM mix remained stable in Q1FY24. Net interest income for Q1FY24 increased by 26% to Rs 8,398 crore from Rs 6,640 crore in Q1FY23. Operating expenses to net interest income for Q1FY24 was 34.0% as against 35.9% in Q1FY23. Loan losses and provisions for Q1FY24 were Rs 995 crore as against Rs 755 crore in Q1FY23. The Company holds a management and macro-economic overlay of Rs 840 crore as of 30 June 2023. Profit before tax for Q1FY24 increased by 30% to Rs 4,551 crore from Rs 3,503 crore in Q1FY23. Profit after tax for Q1FY24 increased by 32% to Rs 3,437 crore from Rs 2,596 crore in Q1FY23. Adjusted for the reversal of deferred tax liability of Rs 73 crore, profit after tax for Q1FY24 grew by 30%. Gross NPA and Net NPA as of 30 June 2023 stood at 0.87% and 0.31% respectively, as against 1.25% and 0.51% as of June 30, 2022. The Company has a provisioning coverage ratio of 65% on stage 3 assets as of 30 June 2023. Capital adequacy ratio (including Tier-Il capital) as of 30 June 2023 was 24.61%. The Tier-I capital was 23.01%. The Company enjoys the highest credit rating of AAA/Stable for its long-term debt programme from CRISIL, ICRA, CARE and India Ratings, A1+ for its short-term debt programme from CRISIL, ICRA and India Ratings and AAA (Stable) for its fixed deposits programme 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 for the external commercial borrowings (ECB) programme. Result PDF26-07-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor presentation for the quarter ended 30 June 202326-07-2023
Bajaj Finance Limited - 500034 - Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30 June 2023
Unaudited standalone and consolidated financial results for the quarter ended 30 June 202326-07-2023