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Bajaj Finance Fundamental Analysis - Bajaj Finance Annual Report | Invest Yadnya

Bajaj Finance Latest Business Update | Yadnya Investment Academy

Published on 14 July 2021 Views 112 Comments 0

Bajaj Finance has come up with the latest business update for the investors. Let's find out more about it as we go ahead.

Introduction: Bajaj Finance Analysis, Bajaj Finance Fundamental Analysis, & Bajaj Finance Share Technical Analysis

Bajaj Finance is engaged in the lending business. Therefore, it is more of a Data Analytics Company rather than a Financing Company. The company has released its Quarterly Update for Q1FY22 on 6th July 2021. The company has crossed the mark of 5 Cr. in terms of Customer Base in the first quarter of FY22. Here are some other key highlights of the Quarterly Update of the Company.

Business Updates of Bajaj Finance:  Bajaj Finance Share Price, Bajaj Finance Share Rate, & Bajaj Finance Share Price History

  • Customer franchise as of 30 June 2021 stood at 5.05 Crores compared to 4.3 Crores as of 30 June 2020.

  • The Company also acquired 19 Lakh, new customers in Q1 FY22 compared to 5 lakh in Q1 FY21, which have risen by 18% to 19%.

  • In the hard times of COVID and lockdown conditions, the company can cross-sell to 70% of the customers.

  • New loans booked during Q1 FY22 were 46 lakhs as compared to 18 lakhs in Q1 FY21.

  • Consolidated liquidity surplus stood at approximately ₹ 10,900 Crore as of 30 June 2021. Thus, the Company’s liquidity position remains strong, and now it is not reluctant to disburse loans as in the case of COVID.

  • The company remains well-capitalized with a capital adequacy ratio (CRAR) of approximately 28.6% as of 30 June 2021, which is strong.

  • The Company's deposit book stood at approximately ₹ 28,000 crores as of 30 June 2021 compared to ₹20,061 Crores as of 30 June 2020.

  • Deposit books in Q1 FY22 grew by approximately ₹2,200 Crore, and they are likely to take down dependence on the corporate loans.

Conclusion: 

Overall, the things are perfect for Bajaj Finance. The number posted in the update is firm and shows a positive recovery of the stock. The company is looking positive for acquiring new customers. The stock is trading at premium valuations, but it is the kind of stock which one should have on its radar. Do consult a financial advisor before making any investment decision.

If you want more details about Bajaj Finance Share Result, Bajaj Finance Share Price History, Bajaj Finance Dividend, Bajaj Finance Annual Report, Bajaj Finance Annual Return, Bajaj Finance Analyst Report, Bajaj Finance Analytics, Bajaj Finance Technical Chart, then go to the website Invest Yadnya.

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