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14 Mar 2025 |
Bajaj Finance
|
Consensus Share Price Target
|
8420.45 |
8664.82 |
- |
2.90 |
buy
|
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18 Feb 2025
|
Bajaj Finance
|
Geojit BNP Paribas
|
8420.45
|
9521.00
|
8465.90
(-0.54%)
|
13.07 |
Buy
|
|
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30 Jan 2025
|
Bajaj Finance
|
Motilal Oswal
|
8420.45
|
8300.00
|
7901.65
(6.57%)
|
Target met |
Neutral
|
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Bajaj Finance (BAF)’s reported PAT grew 18% YoY to ~INR43.1b (~5% beat) in 3QFY25. NII grew 23% YoY to INR93.8b (in line). Other operating income at INR22.9b rose 39% YoY (6% beat), driven by improvement in fee income and income from the sale of services.
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30 Jan 2025
|
Bajaj Finance
|
Axis Direct
|
8420.45
|
9050.00
|
7901.65
(6.57%)
|
7.48 |
Buy
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|
We maintain our BUY recommendation on the stock.
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29 Jan 2025
|
Bajaj Finance
|
Sharekhan
|
8420.45
|
9500.00
|
7759.65
(8.52%)
|
12.82 |
Buy
|
|
|
Q3 numbers were steady. Management commentary and data suggest that asset quality stress has peaked out, making outlook stable
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29 Jan 2025
|
Bajaj Finance
|
Anand Rathi
|
8420.45
|
8810.00
|
7759.65
(8.52%)
|
4.63 |
Buy
|
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|
Healthy, 28% y/y, AUM growth, and greater productivity led to Bajaj Finance’s healthy 18% y/y consol. PAT growth. Despite premium valuations, we retain a Buy, on the best-in-class execution skill, improving productivity and stable asset quality
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28 Dec 2024
|
Bajaj Finance
|
BP Wealth
|
8420.45
|
8050.00
|
6907.75
(21.90%)
|
Target met |
Buy
|
|
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11 Dec 2024
|
Bajaj Finance
|
Motilal Oswal
|
8420.45
|
7500.00
|
7115.10
(18.35%)
|
Target met |
Neutral
|
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|
Bajaj Finserv hosted its investor day on 10th Dec’24, wherein the senior management of Bajaj Finance (BAF) led by Mr. Rajeev Jain, MD, unveiled BAF 3.0 – a FINAI company - and gave a sneak peek into its Long-Range Strategy (LRS) 2025-29.
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11 Dec 2024
|
Bajaj Finance
|
Sharekhan
|
8420.45
|
9500.00
|
7115.10
(18.35%)
|
12.82 |
Buy
|
|
|
Bajaj Finance announced its long-range strategies (LRS-3, FY2025 to FY2029) after seeing exponential growth in LRS-1 (2008-2016) and LRS-2 (2017 to 2024). it is expected to remain a dominant NBFC expanding its share in the total credit to 3.2-3.5% by FY2029 from 2.1% in H1FY2025.
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11 Dec 2024
|
Bajaj Finance
|
Anand Rathi
|
8420.45
|
7905.00
|
7115.10
(18.35%)
|
Target met |
Buy
|
|
|
Bajaj Finance completed its long-range strategy (LRS) 2025-29 meet last week and released an investor presentation. Its targets are lofty; however, with impeccable execution skills, we believe the same are achievable.
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10 Dec 2024
|
Bajaj Finance
|
ICICI Securities Limited
|
8420.45
|
8500.00
|
6936.20
(21.40%)
|
Target met |
Buy
|
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|
Bajaj Finance (BAF) has unveiled its Long-Range Strategy (LRS) 2025-2029 in which it targets – a) total credit market share of 3-3.25% by FY28 and 3.2-3.5% by FY29 from 2.1% as on Sep’24, b) strong customer franchise of 130-140mn by FY28 and 190-210mn by FY29 from 92.1mn on Sep’24,
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02 Dec 2024
|
Bajaj Finance
|
Motilal Oswal
|
8420.45
|
7250.00
|
6650.65
(26.61%)
|
Target met |
Neutral
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|
Bajaj Finance (BAF) has decided to exit the co-branded credit card distribution business. RBL Bank (RBK) announced that the bank and BAF have mutually agreed to terminate their co-branded credit card partnership.
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02 Dec 2024
|
Bajaj Finance
|
Emkay
|
8420.45
|
8400.00
|
6650.65
(26.61%)
|
Target met |
Buy
|
|
|
The Board of RBL Bank has decided to terminate its 8-year old co-branded credit card agreement with Bajaj Finance (BAF), resulting in BAF selling nearly 8mn cards cumulatively and logging 3.4mn outstanding cards as of H1FY25.
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01 Dec 2024
|
Bajaj Finance
|
ICICI Securities Limited
|
8420.45
|
8500.00
|
6575.90
(28.05%)
|
Target met |
Buy
|
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|
Bajaj Finance (BAF) ended its eight-year-long co-branded credit card partnership with RBL, as per exchange filing. We retain BUY with a TP of INR 8,500, valuing the standalone business at 4.7x FY26E BVPS while assigning INR 1,450/share towards housing subs.
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29 Oct 2024
|
Bajaj Finance
|
Geojit BNP Paribas
|
8420.45
|
7924.00
|
7022.50
(19.91%)
|
Target met |
Buy
|
|
|
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24 Oct 2024
|
Bajaj Finance
|
KRChoksey
|
8420.45
|
8066.00
|
6995.80
(20.36%)
|
Target met |
Buy
|
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Net Interest Income (NII) for Q2FY25 increased by 22.8% YoY (+5.6% QoQ) to INR 88,377 Mn, primarily led by robust growth in AUM. Pre-Provision Operating Profit (PPOP) stood at INR 73,071 Mn, a growth of 25.2% YoY (+5.2% QoQ) in Q2FY25.
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23 Oct 2024
|
Bajaj Finance
|
Emkay
|
8420.45
|
8800.00
|
6995.80
(20.36%)
|
4.51 |
Buy
|
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Driven by sustained elevated credit costs (Q2 gross credit cost-to-AUF: 2.16%; Q1: 2.12%), Bajaj Finance (BAF) reported a slight miss on profitability with consolidated PAT of Rs40bn coming slightly lower than consensus/our estimates.
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23 Oct 2024
|
Bajaj Finance
|
Axis Direct
|
8420.45
|
7655.00
|
6995.80
(20.36%)
|
Target met |
Buy
|
|
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We maintain our BUY recommendation on the stock.
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22 Oct 2024
|
Bajaj Finance
|
Anand Rathi
|
8420.45
|
7905.00
|
6677.90
(26.09%)
|
Target met |
Buy
|
|
|
Healthy, 29% y/y, AUM growth, was offset by high, Rs19.1bn, provisions leading to Bajaj Finance’s muted 13% y/y consol PAT growth.
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22 Oct 2024
|
Bajaj Finance
|
Sharekhan
|
8420.45
|
9500.00
|
6677.90
(26.09%)
|
12.82 |
Buy
|
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Overall operating performance was in line however higher credit (2.1% versus 1.9% q-o-q) was a key dampener resulting in muted earnings growth.
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22 Oct 2024
|
Bajaj Finance
|
Motilal Oswal
|
8420.45
|
7320.00
|
6677.90
(26.09%)
|
Target met |
Neutral
|
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|
Bajaj Finance (BAF)’s reported PAT in 2QFY25 grew 13% YoY to ~INR40.1b (in line). NII grew 23% YoY to ~INR88.4b (in line). Non-interest income stood at ~INR21.1b (+3% QoQ).
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