Shriram Capital names Ajay Thomas John as chief digital officer
Before joining Shriram Capital, Ajay Thomas John headed corporate strategy and fintech at Bajaj Finance11-11-2021
11-11-2021
Bajaj Finance Limited - 500034 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation about Loss of Shares and issue of duplicate shares08-11-2021
Bajaj Finance Limited - 500034 - Submission Of Half-Yearly Communication Sent To Shareholders
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of communication on financial performance of the Company for the half year ended 30 September 2021. The same has been circulated to the members through electronic mode.03-11-2021
Accumulate Bajaj Finance; target of Rs 8488: KR Choksey
KR Choksey recommended accumulate rating on Bajaj Finance with a target price of Rs 8488 in its research report dated October 28, 2021.02-11-2021
Bajaj Finance Ltd - 500034 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Conference Call held in respect of the Financial results for the quarter ended 30 September 202101-11-2021
Buy Bajaj Finance; target of Rs 9092: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Bajaj Finance has recommended buy rating on the stock with a target price of Rs 9092 in its research report dated October 26, 2021.28-10-2021
Bajaj Finance stock in focus after Q2 profit jumps 53% YoY; brokerages expect 14% further upside
Bajaj Finance, a non-banking finance company, clocked a 53.5 percent year-on-year growth in consolidated profit at Rs 1,481 crore in September 2021 quarter following lower provisions and improvement in asset quality.27-10-2021
Bajaj Finance Ltd - 500034 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The audio recording of the conference call held today has been hosted on the website of the Company and is available at https://www.bajajfinserv.in/finance-investor-relations-quarterly-earnings-conference-call.26-10-2021
Bajaj Finance Limited - 500034 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for the quarter ended 30 September 2021.26-10-2021
Q2FY22 Quarterly Result Announced for Bajaj Finance Ltd.
Bajaj Finance reports consolidated profit after tax of Rs 1,481 crore for the quarter ended 30 September 2021 CONSOLIDATED PERFORMANCE HIGHLIGHTS: Consolidated assets under management - Rs. 166,937 crore v/s Rs. 137,090 crore Consolidated profit after tax - Rs. 1,481 crore v/s Rs. 965 crore New loans booked during Q2 FY22 were 6.33 million as against 3.62 million in Q2 FY21. Customer franchise stood at 52.80 million as of 30 September 2021 as compared to 44.11 million as of 30 September 2020, a growth of 20%. The Company's customer franchise increased by 2.35 million in Q2 FY22 as compared to 1.16 million in Q2 FY21. Assets under management (AUM) grew by 22% to Rs. 166,937 crore as of 30 September 2021 from Rs. 137,090 crore as of 30 September 2020. Core AUM growth in Q2 FY22 was approximately Rs. 11,150 crore. Net Interest Income (NII) for Q2 FY22 increased by 28% to Rs. 5,335 crore as against Rs. 4, 162 crore in Q2 FY21. Interest income reversal for the quarter was Rs 322 crore as compared to Rs. 216 crore in Q2 FY21. Total operating expenses to net interest income for Q2 FY22 was 38.1% as against 27.8% in Q2 FY21. Loan losses and provisions for Q2 FY22 was Rs. 1,300 crore as against Rs. 1,700 crore in Q2 FY21 . During the quarter, the Company has done accelerated write offs of Rs. 355 crore of principal outstanding on account of COVID-19 related stress and advancement of write off policy. The Company holds a management and macro-economic overlay of Rs. 832 crore as of 30 September 2021. Profit before tax for Q2 FY22 increased by 54% to Rs. 2,004 crore from Rs. 1,305 in Q2 FY21. Profit after tax for Q2 FY22 increased by 53% to Rs. 1,481 crore from Rs. 965 crore in Q2 FY21. Gross NPA and Net NPA as of 30 September 2021 stood at 2.45% and 1.10% respectively, as against 2.96% and 1.46% as of 30 June 2021. The Company has provisioning coverage ratio of 55% on stage 3 assets and 155 bps on stage 1 and 2 assets as of 30 September 2021. Capital adequacy ratio (including Tier-II capital) as of 30 September 2021was27.68%. The Tier-I capital was 24.90%. STANDALONE PERFORMANCE HIGHLIGHTS: Bajaj Finance Limited -Q2 FY22: Assets under management (AUM) grew by 17% to Rs. 123,281 crore as of 30 September 2021 from Rs. 104,986 crore as of 30 September 2020. Net Interest Income (NII) for Q2 FY22 increased by 26% Rs. 4,920 crore as against Rs. 3,918 crore in Q2 FY21. Interest income reversal for the quarter was Rs. 307 crore as compared to Rs. 202 crore in Q2 FY21. Loan losses and provisions for Q2 FY22 was Rs. 1,239 crore as against Rs. 1,635 crore in Q2 FY21. The Company holds a management and macro-economic overlay of Rs. 666 crore as of 30 September 2021. Profit after tax for Q2 FY22 was Rs. 1,306 crore as against Rs. 877 crore in Q2 FY21. Result PDF26-10-2021