Bajaj Finance Consolidated December 2022 Net Sales at Rs 10,784.30 crore, up 26.39% Y-o-Y
NULL28-01-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for the quarter ended 31 December 202227-01-2023
Q3FY23 Quarterly Result Announced for Bajaj Finance Ltd.
Bajaj Finance announced Q3FY23 results: Consolidated Q3FY23: New loans booked during Q3FY23 were highest ever at 7.84 million. Customer franchise stood at 66.05 million as of 31 December 2022 as compared to 55.36 million as of 31 December 2021, a growth of 19%. The company recorded highest ever quarterly increase in its customer franchise of 3.14 million in Q3FY23. Assets under management (AUM) grew by 27% to Rs 2,30,842 crore as of 31 December 2022 from Rs 1,81,250 crore as of 31 December 2021. Net interest income (NII) for Q3FY23 increased by 24% to Rs 7.435 crore from Rs 6,005 crore in Q3FY22. NII growth was 28% after adjusting NII of Rs 203 crore earned on IPO financing in Q3FY22 which has since been discontinued due to change in regulation. Total operating expenses to net interest income for Q3FY23 was 34.7% as against 35.9% in Q2FY23 and 34.7% in Q3FY22. Loan losses and provisions for Q3FY23 were Rs 841 crore as against Rs 1,051 crore in Q3FY22. The company holds a management and macroeconomic overlay of Rs 1,000 crore as of 31 December 2022. Profit before tax for Q3FY23 increased by 40% to Rs 4,012 crore from Rs 2,868 crore in Q3FY22. Gross NPA and Net NPA as of 31 December 2022 stood at 1.14% and 0.41% respectively, as against 1.73% and 0.78% as of 31 December 2021. The company has a provisioning coverage ratio of 64% on stage 3 assets and 116 bps on stage 1 and 2 assets as of 31 December 2022. Capital adequacy ratio (including Tier-II capital) as of 31 December 2022 was 25.14%. The Tier-I capital was 23.28%. Annualized return on average assets for Q3FY23 was 5.4% as against 5.1% in Q3FY22. Annualized return on average equity for Q3FY23 was 24.0% as against 21.2% in Q3FY22. Standalone Q3FY23: Assets under management grew by 27% to Rs 1,68,359 crore as of 31 December 2022 from Rs 1,32,913 crore as of 31 December 2021. Net interest income (NII) for Q3FY23 increased by 22% to Rs 6,759 crore from Rs 5,558 crore in Q3FY22. NII growth was 26% after adjusting NII of Rs 203 crore earned on IPO financing in Q3FY22 which has since been discontinued due to a change in regulation. Loan losses and provisions for Q3FY23 were Rs 811 crore as against Rs 995 crore in Q3FY22. The Company holds a management and macroeconomic overlay of Rs 758 crore as of 31 December 2022. Profit after tax for Q3FY23 increased by 36% to Rs 2,624 crore from Rs 1,934 crore in Q3FY22. Annualized return on average assets for Q3FY23 was 6.5% as against 6.1% in Q3FY22. Annualized return on average equity for Q3FY23 was 22.2% as against 20.0% in Q3FY22. Result PDF27-01-2023
Bajaj Finance Limited - 500034 - Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31 December 2022
Unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 202227-01-2023
Bajaj Finance Limited - 500034 - Board Meeting Outcome for Outcome Of Board Meeting Held On 27 January 2023
The Board Meeting today commenced at 3.30 p.m. and consideration of financial results for the quarter and nine months ended 31 December 2022 was approved at 4.00 p.m. The proceedings of the Board Meeting are in progress at the time of filing of this disclosure.27-01-2023
Bajaj Finance Limited - 500034 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation for loss of share certificate and issuance of duplicate share certificate in lieu of original under Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations, 2015)26-01-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Conference Call in respect of financial results for the quarter ended 31 December 202224-01-2023
Bajaj Finance Q3 Net Profit seen up 38.7% YoY to Rs. 2,948 cr: Sharekhan
Net Interest Income (NII) is expected to increase by 23.4 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 5,833 crore, according to Sharekhan.20-01-2023
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Issue of Securities
Intimation of allotment of Secured Redeemable Non-Convertible Debentures on Private Placement basis19-01-2023
Bajaj Finance: Death at a Funeral
The recent sell off in Bajaj Finance shares has left investors wondering, can the stock be the multibagger that it was in the last decade?17-01-2023