Bajaj Finserv Limited was incorporated in the year 2007 as a result of the demerger from Bajaj Auto Limited. Due to the demerger process, Bajaj Finserv independently runs the core business of protection, saving and lending. The company has been recognized as a non-banking financial company. From this article, you will get financial and general background along with Bajaj Finserv Share Price Graph and Bajaj Finserv Share Price News. In NSE, the company’s share is named as BAJAJFINSV. Here is the Bajaj Finserv Share Price.
Bajaj Finserv Share Price Graph
The company is the holding company for business, deals in financial service of the Bajaj Group. As per RBI regulation the company is classified as a Systemically Important Non–deposit taking NBFC. Its focus areas are as follows:
- Asset Management
- Wealth Management
Bajaj provides solutions for asset acquisition through financial management, income and family protection by life and health insurance, retirement and savings solutions, and asset protection management through insurance. It has millions of customers out there. Bajaj employs over 20,000 employees at 1400 locations, has built up a brand image.
Apart from financial services, it also focuses on the wind–energy generation, the wind-farm assets in Maharashtra with an installed capacity of 65.2 MW.
In the year 2014 Bajaj Finserv came under the ranking of 119 in The Economic Times. According to the Aon Hewitt Best Employers Study, 2015, the company got the award of one of the Best Employers in India.
In India, there are very few well known NBFC, Bajaj has awarded the highest credit rating of FAAA/ Stable for Fixed Deposit Programme.
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli Financial District,
Nanakramguda, Hyderabad – 500 032
Contact persons: Mr. M S Madhusudhan
Tel No. (040) 6716 1500 Extn: 1562
Direct: (040) 6716 1562
- Ranjit Gupta (President)
- S Sreenivasan (Chief Financial Officer)
- Sanjiv Bajaj (CEO)
- Sanjiv Ajaj (Managing Director)
A company’s financial statement is important for analyzing the company properly. It belongs to the large-cap companies with the market cap (Cr.) of 97,167.89. The other fundamentals details include its P/E ratio, price/book value, div yield, etc. P/E ratio stands at 687.61 (standalone based). Let’s look at the price/ book value which is 33.42 and div yield. (%) 0.03%. These are the updated fundamental information. Bajaj Finserv Share Price (as on 26.06.2018) is at 6072.00 in BSE.
The current market cap of Bajaj Finserv is Rs 98796.64 crores. As on 26.09.18. the share price was Rs 6161.50 at NSE. It was the day’s closing price. The earning per share or EPS for the trailing twelve months stands at Rs 9.02. The price over earning ratio or P/E is 684.65. The face value per share is Rs 5. The P/B or the price over book value ratio is 3.05. The book value per share BV/share is Rs 2025.3. The dividend yield is 0.03%.
As per the audited data for the previous fiscal i.e. 2017 – 2018, the net cash flow from operating activities stands at Rs 141.92 crores. Net cash used in investing activities is – Rs 103.52 crores. And the net cash used in financing activities is – Rs 27.59 crores. Therefore the net increase in cash and cash equivalent is Rs 10.81 crores. Cash and cash equivalent at beginning of the year was Rs 1.30 crores and cash and cash equivalent at the end of the year was Rs 12.11 crores.
Bajaj Finserve earns its revenue primarily from financing and related activities. It is also engaged in power generation activities. The power generation business contributed Rs 57.16 crores amounting to 37.14% of total sales for the year ended 31st March 2018. Earnings from interest contributed Rs 45.91 crores which is equivalent to 29.83% of total sales. Income from dividends contributed Rs 21.60 crores which are 14.03% of total sales, earnings from the sale of shares and securities contributed Rs 16.07 crores which are equivalent to 10.44% of the total sales and earnings from renewable energy certificates stands at Rs 13.16 crores which is equivalent to 8.55% of total sales value.
According to the interim financial report for the quarter ending on 30-06-2018, Bajaj Finserv has achieved sales of Rs 3943.55 crores (consolidated). The sales figure is up by 7.12% from the previous quarter sales amounting to Rs 3681.37 crores. These quarter sales have also increased by 23.87% from the sales figure for the same quarter of the previous year which was Rs 3183.54 crores. The company has also reported a net profit of Rs 1328.37 crores (after-tax) in the current quarter.
The present top management of the company includes names like Dr Gita Piramal, Mr Madhur Bajaj, Mr D Balaji Rao, Mr Nanoo Pamnani, Mr Rajiv Bajaj, Mr Rahul Bajaj, Mr Sanjiv Bajaj.
The company has appointed SRBC & CO LLP as the auditor.
Bajaj Finserv has a total no of 159,135,097 shares outstanding as on 30-06-2018.
The promoter and promoter group of Bajaj Finserv hold 92,855208 which is equivalent to58.35% of total shares. The general public holds 17.31% of shares or 27,548,284 nos of shares. Others hold 9.58% of shares or 15,247,804 nos of shares. Foreign institutions or FIIs hold 7.47% of shares or 11,886,654 nos of shares. The NBFC and Mutual Funds together hold 4.08% of shares which are equivalent to 6,498,117 nos of shares. In addition, other financial institutions hold 3.20% of total shares or 5,099,028 nos of shares.
The shareholding pattern of the Mutual funds invested in Bajaj Finserv is as follows.
- ICICI Prudential Bluechip Fund Direct Growth holds 711591 nos of shares. The current investment value is Rs 480.17 crores. This is a large-cap equity growth fund. The data is updated as per 31-08-2018.
- SBI ETF Nifty 50-D holds 541559 nos of shares. The present investment value, as on 31-08-2018 is Rs 365.43 crores. This is a large-cap equity fund.
- ICICI Prudential Balanced Advantage Direct Growth Fund holds 458292 nos of shares. The current investment value is Rs 309.25 crores. This is a Hybrid Dynamic Asset Allocation fund. The valuation is calculated as per data available on 31-08-18.
- Axis Focused 25 Direct-G Fund holds 407000 nos of shares. The current investment value is Rs 274.64 crores. This is a multi-cap equity fund. The data was updated as per data available on 31-08-18.
- DSP Equity & Bond Direct Growth Fund holds 257252 nos of shares. The current investment value as on 31-08-2018 is Rs 173.59 crores. This is an Aggressive Hybrid fund.
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