Bajaj Finance is one of India’s leading non-banking financial corporations, providing a variety of finance products and services to customers throughout the country. Bajaj Finance has emerged as a powerful player in the financial services sector in recent years, with a track record of constant growth and profitability. As a result, investors are looking forward to Bajaj Finance’s stock price target in the coming few years, with many beginning to wonder if it’s a good stock to buy. This article examines Bajaj Finance’s recent financial achievement and forecasts its share price target from 2023 to 2030.
In comparison to the same quarter last year, Bajaj Finance’s March quarter earnings increased 30% YoY to Rs 3,158 crore from Rs 2,420 crore. The NBFC said that its net interest income (NII) increased 28% YoY to Rs 7,771 crore from Rs 6,061 crore in the same quarter previous year. According to Bajaj Finance, the quarter performed well in terms of both financial and portfolio measures. In the March quarter, it increased core asset under management (AUM) by Rs 16,537 crore and brought in 30.90 lakh new consumers for the franchise. The NBFC said that its cost of funding for the quarter was 7.39 percent, up 25 basis points from the same period in 2016. In comparison to the same quarter last year, gross non-performing assets for the quarter were 0.94 percent as opposed to 1.6 percent. Net NPA was 0.34 percent compared to 0.68 percent year over year. As of March 31, stage 3 assets were worth Rs 2,313 crore as opposed to Rs 3,133 crore on that day in 2022. In comparison to the same quarter last year, Bajaj Finance’s annualized return on asset (ROA) was 5.40% for the quarter. Return on equity (ROE) was 23.94% annualized compared to 22.80% year over year. The capital adequacy rate was 24.97%. Capital at Tier 1 stood at 23.2%. Opex to NII increased to 34.1% from 34.5% year over year. The NBFC will invest in a social and rewards platform in FY24 as part of its ongoing investments in people and technology for business transformation. The increase in net deposits in Q4 was Rs. 1,682 crore. As of March 31, deposits represented 21% of the total borrowings. Assets under management (AUM) for the standalone firm increased by 28% year over year to Rs 1,80,999 crore as of March 31 from a core AUM of Rs 1,41,378 crore as of March 2022.
Latest news about BAJAJ Finance
➤The Board of Directors has recommended a dividend of Rs 30 per share.
➤According to Ambit Capital, one potential solution for Bajaj Finance could be to obtain a banking license, but this would likely result in a reduction in RoE to around 15%.
How to purchase BAJAJ Finance shares?
Below are the trading platforms that you can use to purchase BAJAJ Finance shares:
BAJAJ Finance Share Price Prediction: 2023 to 2030.
BAJAJ Finance Share Price Prediction 2023.
|When||Maximum Price||Minimum Price|
The table represents the predicted BAJAJ Finance share prices for the year 2023. The maximum and minimum prices for each month have been mentioned in Indian Rupees (INR). As the months progress, there is an overall uptrend in the predicted prices with the maximum and minimum prices increasing gradually. The growth percentage from one month to the next may vary, but the overall trend seems to be bullish. The highest predicted maximum price is for December 2023, which is ₹11,636.74 and the lowest minimum price is for May 2023, which is ₹4,586.93. This table can be useful for investors who are interested in BAJAJ Finance shares, as it provides an idea of the expected price range for the coming months.
Bajaj Finance is a company with good Earnings per share growth and good quarterly results, which is a great indicator of growth in the company. But on the other hand, it has a lot of debt, which is a point of worry for investors. We can see that the provision has decreased in the recent results, and also brokers have upgraded their price targets for the company, which is a good opportunity for the company.
BAJAJ Finance Share Price Prediction 2024.
|When||Maximum Price||Minimum Price|
The table represents the predicted BAJAJ Finance share prices for the year 2024. As we look at the table, there is an overall uptrend in the predicted prices with the maximum and minimum prices increasing gradually in the initial months. The maximum and minimum prices for January 2024 are ₹12,249.20 and ₹9,422.46 respectively, and these prices continue to increase until October 2024, where the maximum and minimum prices are ₹15,211.90 and ₹11,701.46, respectively. However, there is a slight dip in the maximum and minimum prices in the following months, November and December 2024. The highest predicted maximum price is for December 2024, which is ₹16,291.94 and the lowest minimum price is for May 2024, which is ₹8,442.61. Based on these predictions, it seems that the year 2024 is expected to be a positive year for BAJAJ Finance, with an overall bullish trend in the predicted share prices.
BAJAJ Finance Share Price Prediction 2025.
|When||Maximum Price||Minimum Price|
Looking at the table for Bajaj Finance share price target in 2025, the company seems to be on a bullish trend, with the maximum price target reaching ₹19,762.38 and the minimum price target reaching ₹11,467.92. Based on these numbers, it appears that there is potential for a significant return for investors who buy and hold the stock until the end of 2025. The average target price for the stock is around ₹17,500, which represents an upside of about 30% from the current price levels.
However, it is important to note that share price predictions are based on assumptions and cannot be guaranteed. Investors should conduct their own research and analysis before making any investment decisions. Based on the data provided, it seems that analysts have a positive recommendation for Bajaj Finance stock, with a bullish outlook for the next few years. Overall, it will be interesting to see how the company performs in the coming years and whether it can continue its upward trajectory.
BAJAJ Finance Share Price Prediction 2026-2030.
|Year||Maximum Price||Minimum Price|
According to the given data, BAJAJ FINANCE’s share price targets for 2026 to 2030 show a mixed trend. In 2026, the maximum share price is expected to be ₹13,833.67, while the minimum is expected to be ₹9,683.57. This suggests a potentially bearish outlook for the company. In 2027, the maximum price is expected to be ₹11,758.62, with a minimum of ₹8,231.03, indicating a further decline in the share price. However, in 2028, there is a significant jump in the maximum price target to ₹21,165.51, with a minimum target of ₹14,815.86, which implies an upside potential for the stock. In 2029, the maximum target price is expected to be ₹43,477.24, and the minimum is expected to be ₹30,434.07. Similarly, in 2030, the maximum target price is expected to be ₹48,417.83, and the minimum is expected to be ₹33,892.48. These average targets suggest that the company’s stock has a positive outlook for the next few years. However, investors should consider various factors before making any investment decisions, and it is recommended to do thorough research and consult with a financial advisor.
Financial Condition of BAJAJ Finance: Last 5 years
|Profit before tax||3,843.44||6,179.16||7,322.12||5,992.26||9,503.78|
|Price to earning||40.93||43.77||25.33||70.21||62.54|
Looking at BAJAJ FINANCE’s financial statements from the last five years, the company has seen significant growth in terms of revenue and profitability. The company’s revenue has increased from ₹12,746.27 crores in March 2018 to ₹31,632.52 crores in March 2022, representing a remarkable growth of approximately 148%. Similarly, the company’s net profit has grown from ₹2,496.37 crores in March 2018 to ₹7,028.23 crores in March 2022, indicating a growth of about 181%. However, there have been fluctuations in the company’s growth trajectory, with the maximum revenue and net profit being recorded in March 2022 at ₹31,632.52 crores and ₹7,028.23 crores, respectively, while the minimum revenue and net profit were recorded in March 2018 at ₹12,746.27 crores and ₹2,496.37 crores, respectively.
The company has maintained a healthy dividend payout ratio over the years, with the ratio increasing from 9.22% in March 2018 to 17.17% in March 2022, indicating the company’s commitment to returning value to its shareholders. Additionally, the company has consistently shown strong operating profit margins, with an average OPM of approximately 65% over the last five years. However, the price-to-earnings ratio has been volatile, reaching 35.69 in May 2023. The Earnings per share has increased by more than 60% YoY and is currently at 190.07, whereas the Price-to-Book ratio stands at 9.48 as of May 2023. Overall, BAJAJ FINANCE has demonstrated steady revenue and profit growth, indicating a strong position in the market.
BAJAJ Finance share price target by Experts
KR CHOKSEY on BAJAJ Finance Ltd share price target
KR Choksey has given a buy call on BAJAJ Finance Ltd. According to him, you can continue buying BAJAJ Finance share with a target price of Rs7635.
SHAREKHAN on BAJAJ Finance Ltd share price target
Sharekhan has given a buy call on BAJAJ Finance Ltd. According to him, you can continue buying BAJAJ Finance share with a target price of Rs7500.
ICICI Direct on BAJAJ Finance Ltd share price target
ICICI Direct suggests investors to buy Bajaj Finance with a predicted price of Rs 5887.
What is Bajaj Finance’s share price target for 2023?
The maximum price target for Bajaj Finance’s share in 2023 is ₹11,636.74, while the minimum price target is ₹4,586.93.
What is the average target for Bajaj Finance’s share price in 2024?
The average target for Bajaj Finance’s share price in 2024 is not specified in the data provided.
What is the recommended action for investors regarding Bajaj Finance’s share in 2025?
The data provided does not give any recommendation for investors regarding Bajaj Finance’s share in 2025.
What is the percentage growth of Bajaj Finance’s revenue from 2020 to 2021?
Bajaj Finance’s revenue grew by approximately 1.15% from 2020 to 2021.
What is the maximum share price target for Bajaj Finance in 2026?
The maximum share price target for Bajaj Finance in 2026 is ₹13,833.67.
What is the EPS for Bajaj Finance in 2022?
The EPS for Bajaj Finance in 2022 is ₹190.07.
What is the dividend payout percentage for Bajaj Finance in 2021?
The dividend payout percentage for Bajaj Finance in 2021 is 17.17%.
What is the profit growth percentage for Bajaj Finance from 2018 to 2022?
The profit growth percentage for Bajaj Finance from 2018 to 2022 cannot be calculated with the data provided.
What is the interest expense for Bajaj Finance in 2022?
The interest expense for Bajaj Finance in 2022 is ₹9,847.68.
What is the OPM for Bajaj Finance in 2020?
The OPM (Operating Profit Margin) for Bajaj Finance in 2020 is 65.27%.
In conclusion, based on Bajaj Finance’s strong financial performance throughout the last five years, with constant increase in earnings, PAT, revenue, and profit, it appears to be a good long-term investment option. With a share price that has increased by more than 100% in the last five years, Bajaj Finance has consistently beaten its peers in the financial services industry. Investors can anticipate significant returns by 2030, with such a target of Rs. 7000-8000. However, investors should keep in mind that economic conditions and financial environment can have an impact on stock performance, so they should conduct their own research before deciding to invest.
Neelam is a talented writer and financial analyst, currently studying at Hansraj College. She is a regular contributor to Trickyfinance, where she covers a range of topics including price prediction, stock market news, and market analysis. Neelam’s passion for finance and economics led her to pursue a writing career in the financial industry, where she has gained valuable experience and insights into the workings of the market. In her free time, Neelam enjoys reading and conducting her own market analysis to stay up-to-date with the latest trends and developments in the industry.