Bajaj Finserv is India’s leading financial consumer durable company that offers a diverse range of loan products at nominal interest rates and flexible tenure. The company has seen a compounded annual growth of 13%, whereas the stock price shot up by 34% in 10 years.
Incorporated in 2007, after the demerger with Bajaj Auto Limited, Bajaj Finserv is a reputed financial service provider with a market capitalization of INR 216,905.93 crore. The share price of Bajaj Finserv is now ranging from INR 11,095.00 to INR 19,325.00. The outbreak of the Covid-19 pandemic triggered fluctuations in the share market. In contrast, Bajaj Finserv outperformed the market towards the end of last year.
Before investing in Bajaj Finserv shares, you should familiarise yourself with the current market. We will cover everything from the company’s history, their BSE and NSE share price and their key managerial team.
Table of contents
- Bajaj Finserv Share Price Today
- Bajaj Finserv Share Fundamentals
- Bajaj Finserv NSE Share Price
- Bajaj Finserv BSE Share Price
- Bajaj Finserv Historical Share Price
- Bajaj Finserv Share Price Target For 2022-2023
- Bajaj Finserv Company Information
- Management of Bajaj Finserv
- Timeline of Bajaj Finserv
- Bajaj Finserv Company Location
- Bajaj Finserv Stock Background
- Bajaj Finserv Stock Capital Structure
- Bajaj Finserv Stock Dividend Summary
- Bajaj Finserv Stock Performance
- Bajaj Finserv Listing and Indices
- Should You Invest in Bajaj Finserv
- FAQ’s about Bajaj Finserv Share Price
Bajaj Finserv Share Price Today
The data and performance of Bajaj Finserv as on 20th May, 2022 is tabulated below:-
| Open | INR 12,639.00 |
| Previous Price | INR 12,413.85 |
| Volume | INR 323,330 |
| Value | INR 40,615.74 lakhs |
Bajaj Finserv Share Fundamentals
Bajaj Finserv market capitalization shares such as PE Ratio, PB Ratio, Dividend Yield and ROE along with other share fundamentals are mentioned below:
| Market Capitalization | INR 1,97,516 crores |
| PE Ratio | 43.36 |
| PB Ratio | 4.90 |
| EPS-TTM | 286.3 |
| Dividend Yield | 0.03% |
| Industry PE | 14.30 |
| ROE | 11.98% |
| Debt to Equity | 4.00 |
| Book Value | 2532.15 |
| Face Value | 5 |
Bajaj Finserv NSE Share Price
Bajaj Finserve NSE Share Price values are mentioned in the table below:
| Live Bajaj Finserv NSE share price | INR 12,545.15 |
| Previous close | INR 12,413.85 |
| Opening price | INR 12,639.00 |
| High | INR 12,699.00 |
| Low | INR 12,431.65 |
Bajaj Finserv BSE Share Price
Bajaj Finserv BSE Share Price values are mentioned in the below table:
| Live Bajaj Finserv BSE share price | INR 12,408.70 |
| Previous close | INR 12,413.85 |
| Opening price | INR 12,700.00 |
| High | INR 12,701.00 |
| Low | INR 12,561.62 |
Bajaj Finserv Historical Share Price
As of 31 March 2021, Capital Adequacy Ratio stood at 28.31%. Tier I adequacy ratio stood at 25.11%. Below are the Bajaj Finance Limited Stock Prices & Returns in 2020 and 2021.
| Date | Price | Open Price | High | Low | volume | Change % |
| May 2022 | 13,783.85 | 14,499 | 14,711 | 13,387.20 | 296.93K | -7.56% |
| April 2022 | 14,911.15 | 17,040.30 | 17,477.60 | 14,611 | 221.11K | -12.60% |
| Mar 2022 | 17,060.45 | 15,705 | 17,300 | 13,799.90 | 6.43M | 6.54% |
| Feb 2022 | 16,012.55 | 15,828.95 | 16,750 | 15,200 | 6,19M | 2.06% |
| Jan 2022 | 15,689.55 | 16,406.50 | 18,621 | 15,012 | 6.43M | -4.37% |
| Dec 2021 | 16,402.20 | 17,444 | 17,890 | 15,450 | 5.56M | -4.82% |
| Nov 2021 | 17,237.25 | 17,900 | 18,511 | 16,273.65 | 4.96M | -3.28% |
| Oct 2021 | 17,821.15 | 17,736.05 | 19,325 | 17,050 | 6.17M | 0.19% |
| Sept 2021 | 17,786.75 | 17,166.45 | 18,813 | 16,486.05 | 6.47M | 3.72% |
| Aug 2021 | 17,148.75 | 14,375 | 17,200 | 13,852.75 | 8.00M | 20.58% |
| July 2021 | 14,222.20 | 12,198 | 14,925 | 11,651 | 7.28M | 17.45% |
| June 2021 | 12,109.05 | 11,830 | 12,520 | 11,430.50 | 6.74M | 2.56% |
| May 2021 | 11,806.30 | 10,901 | 12,024.95 | 10,814.15 | 6.91M | 6.93% |
| April 2021 | 11,041.65 | 9,730 | 11,300 | 9,035.85 | 11.75M | 14.20% |
| Mar 2021 | 9,668.60 | 9,799 | 10,444.95 | 8,960.05 | 8.03M | 0.21% |
| Feb 2021 | 9,648.60 | 8,750 | 10,579 | 8,638 | 13.91M | 10.61% |
| Jan 2021 | 8,772.75 | 8,930 | 9,388.85 | 8,273.70 | 14.39M | -2.06% |
| Dec 2020 | 8,906.35 | 8,800 | 9,450 | 8,569.65 | 14.49M | 1.68% |
| Nov 2020 | 8,758.60 | 5,601.40 | 9,009 | 5,560 | 33.21M | 57.15% |
| Oct 2020 | 5,573.50 | 5,907 | 6,169.50 | 5,511.05 | 14.58M | -4.76% |
| Sept 2020 | 5,852.35 | 6,250 | 6,455 | 5,400 | 12.45M | -5.46% |
| Aug 2020 | 6,190.35 | 6,223 | 6,700 | 6,060 | 11.98M | -0.25% |
| July 2020 | ,6,205.90 | 5,818 | 6,710 | 5,802.65 | 26.24M | 6.17% |
| June 2020 | 5,845.15 | 4,500 | 6,455 | 4,476.75 | 37.14M | 32.70% |
Summary of Bajaj Finserv Historical Share Price
| Highest | 19,325 |
| Lowest | 13,387.20 |
| Difference | 3,458.25 |
| average | 15.201.41 |
| Change % | -17.70% |
Bajaj Finserv Share Price Target For 2022-2023
After scrutinizing the current performance trend, Bajaj Finserv has set a target for the upcoming financial year.
Bajaj Finserv Share Price Target Forecast for 2022
The below table shows the share price target set by Bajaj Finserv for the fiscal year, 2022
| Month | Opening Price | Closing Price | Minimum | Maximum | Change% |
| June | INR 13,919.01 | INR 14,265.67 | INR 13,919.01 | INR 14,265.67 | 2.43% |
| July | INR 14,251.32 | INR 14,635.37 | INR 14,251.32 | INR 14,646.77 | 2.62% |
| August | INR 14,696.96 | INR 15,064.82 | INR 14,696.96 | INR 15,064.82 | 2.44% |
| Sept | INR 15,090.80 | INR 15,322.79 | INR 15,077.62 | INR 15,339.82 | 1.52% |
| Oct | INR 15,369.72 | INR 15,458.23 | INR 15,369.72 | INR 15,458.23 | 0.57% |
| Nov | INR 15,461.34 | INR 15,963.65 | INR 15,461.34 | INR 15,963.65 | 3.15% |
| Dec | INR 15,983.15 | INR 16,092.05 | INR 15,963.78 | INR 16,104.52 | 0.68% |
Bajaj Finserv Share Price Target Forecast for 2023
Below are the share price targets set by Bajaj Finserv for the fiscal year, 2023
| Month | Opening Price | Closing Price | Minimum | Maximum | Change% |
| January | INR 15,540.53 | INR 15,669.42 | INR 15,540.53 | INR 15,669.42 | 0.82% |
| February | INR 15,673.15 | INR 15,886.76 | INR 15,673.15 | INR 15,895.86 | 1.34% |
| March | INR 15,881,21 | INR 15,894.03 | INR 15,787.43 | INR 15,907.27 | 0.08% |
| April | INR 15950.65 | INR 15,993.34 | INR 15,950.65 | INR 16,039.13 | 0.27% |
| May | INR 16,014.06 | INR 16,432.81 | INR 16,011.61 | INR 16,432.81 | 2.55% |
| June | INR 16,458.21 | INR 16,774.48 | INR 16,446.18 | INR 16,787.38 | 1.89% |
| July | INR 16,832.68 | INR 17,230.60 | INR 16,832.68 | INR 17,230.60 | 2.31% |
| August | INR 17,241.50 | INR 17,638.73 | INR 17,241.50 | INR 17,638.73 | 2.25% |
| September | INR 17,627.00 | INR 17,894.35 | INR 17,627.00 | INR 17,911.82 | 1.49% |
| October | INR 17,938,96 | INR 18,045.80 | INR 17,938.96 | INR 18,045.80 | 0.59% |
| November | INR 18,049.29 | INR 18,576.16 | INR 18,049.29 | INR 18,576.16 | 2.84% |
| December | INR 18,558.91 | INR 18,682.96 | INR 18,558.91 | INR 18,695.02 | 0.66% |
Bajaj Finserv Company Information
Headquartered in Pune, Maharashtra, Bajaj Finserv emerged as a Non-Banking Financial Institution in 2007. After their demerger with Bajaj Auto Limited, Bajaj Finserv stepped into financial services. It is one of the leading NBFCs which provides customised financial services at affordable rates.
It is a core investment company under the regulations of the Reserve Bank of India. It is a digital marketplace of financial products and services, from loans to insurance and mutual funds to investments.
Management of Bajaj Finserv
Bajaj Finserv makes it one of the leading financial institutions in India. The company has SRBC & Co LLP as its auditors. The share price is influenced by the management and employees of the company. The management of the company is listed below:
| Name | Designation |
| Sanjiv Bajaj | Chairman and Managing Director |
| Rajeev Jain | Managing Director |
| Tapan Singhel | Managing Director and Chief Executive Officer |
| Tarun Chugh | Managing Director and Chief Executive |
| Devang Mody | Chief Executive Officer |
| Anish Panchal | Chief Executive Officer |
| S Sreenivasan | Chief Financial Officer |
| V Rajajgopalan | President- Legal and taxation |
| Anish Amin | President- Group Risk and Assurance |
| Ranjit Gupta | President- Insurance |
| Ganesh Mohan | Group Head- Strategy |
| Ajay Sathe | Group Head- Customer Experience |
| Deepak Reddy | Group Head- Human Resources |
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Timeline of Bajaj Finserv
Bajaj Finserv Ltd was incorporated in 2007 following the demerger with Bajaj Auto Limited. It is currently operating in the NBFC sector and has a market capitalisation of INR 216,905.93 crore.
In 2009, Bajaj Finserv recommended a dividend of INR 2 per share.
Bajaj Finserv partnered with CPP India for card protection services. In 2012, It launched lifestyle finance at zero per cent interest, Flexi saver for SME customers, and online personal loans.
During the same year, the company issued rights at 1:10.
In 2015, Tata Power partnered with Bajaj Finserv to make solar energy more accessible. GPTW ranked the company among the top 25 places to work in Asia in the same financial year.
In 2017, Bajaj Finserv entered into a share subscription agreement with Mobikwik.
In 2020, Bajaj Finserv launched its health-tech platform, the Bajaj Finserv health app. They launched the first EMI network card for digital health.
For the quarter ended 31-03-2022, the company has reported a consolidated total income of INR 18,861.67 crores. It has reported a net profit after tax of INR 2,533.57 crores in the previous quarter.
Bajaj Finserv Company Location
Registered Office: Bajaj Auto Limited Complex, Mumbai-Pune road, Akurdi, Pune, Maharashtra- 411035
Corporate Office: Phoenix Fountainhead, 4th Floor, Nagar Road, Clover Park,Viman Nagar, Pune, Maharashtra- 411014
Contact Number- 020-48562555
Email ID- customercare@bajajfinservhealth[dot]in
Bajaj Finserv Stock Background
The below table provides Bajaj Finserv’s stock background:
| Industry Name | Finance and Investments |
| House Name | Bajaj Group |
| Collaborative country name | N/A |
| Year of Incorporation | 2007 |
| Face Value | 5.0 |
| ISIN | INE918I01018 |
| Market Lot | 1 |
Bajaj Finserv Stock Capital Structure
The capital structure of Bajaj Finserv between 2020 and 2021 is tabulated below:
| From | To | Instrument | Authorized Capital (in crores) | Issued Capital(in crores) | Paid Up Shares | Paid Up Face Value | Paid Up Capital (in crores) |
| 2020 | 2021 | Equity Share | INR 100 | INR 79.6 | 159137444 | 5.0 | INR 79.6 |
| 2019 | 2020 | Equity Share | INR 100 | INR 79.6 | 159137290 | 5.0 | INR 79.6 |
| 2018 | 2019 | Equity Share | INR 100 | INR 79.6 | 159136111 | 5.0 | INR 79.6 |
| 2017 | 2018 | Equity Share | INR 100 | INR 79.6 | 159135037 | 5.0 | INR 79.6 |
| 2016 | 2017 | Equity Share | INR 100 | INR 79.6 | 159131780 | 5.0 | INR 79.6 |
| 2015 | 2016 | Equity Share | INR 100 | INR 79.6 | 159131780 | 5.0 | INR 79.6 |
| 2014 | 2015 | Equity Share | INR 100 | INR 79.6 | 159131453 | 5.0 | INR 79.6 |
| 2013 | 2014 | Equity Share | INR 100 | INR 79.6 | 159125184 | 5.0 | INR 79.6 |
| 2012 | 2013 | Equity Share | INR 100 | INR 79.6 | 159122352 | 5.0 | INR 79.6 |
| 2011 | 2012 | Equity Share | INR 75 | INR 72.3 | 159122352 | 5.0 | INR 72.3 |
| 2010 | 2011 | Equity Share | INR 75 | INR 72.3 | 144683510 | 5.0 | INR 72.3 |
| 2009 | 2010 | Equity Share | INR 75 | INR 72.3 | 144683510 | 5.0 | INR 72.3 |
| 2008 | 2009 | Equity Share | INR 75 | INR 72.3 | 144683510 | 5.0 | INR 72.3 |
| 2007 | 2008 | Equity Share | INR 75 | INR 72.3 | 144683510 | 5.0 | INR 72.3 |
Bajaj Finserv Stock Dividend Summary
For the year ending 31st March, 2021, Bajaj Finserv has declared an equity dividend of 60.00% that amounted to INR 3 per share. With regard to the current share price of INR 12,684, resulting in a dividend yield of 0.02%,
| Announcement Date | Effective Date | Dividend Type | Dividend % | Dividend (INR) | Remarks |
| 28-04-2022 | 30-06-2022 | Final | 80% | 4.00 | INR 4.000 per share (80%) Dividend |
| 28-04-2021 | 08-07-2021 | Final | 60% | 3.00 | INR 3.000 per share (60%) Dividend |
| 24-02-2020 | 03-03-2020 | Interim | 100% | 5.00 | INR 5.0000 per share (100%) Interim Dividend |
| 16-05-2019 | 11-07-2019 | Final | 50% | 2.50 | INR 2.5000 per share (50%) Dividend |
| 17-05-2018 | 05-07-2018 | Final | 35% | 1.75 | INR 1.7500 per share (35%) Dividend |
| 18-05-2017 | 06-07-2017 | Final | 35% | 1.75 | INR 1.7500 per share (35%) Dividend |
| 02-03-2016 | 16-03-2016 | Interim | 35% | 1.75 | 1.7500 per share (35%) Interim Dividend |
| 20-05-2015 | 07-05-2015 | Final | 35% | 1.75 | 1.7500 per share (35%) Dividend |
| 14-05-2014 | 03-07-2014 | Final | 35% | 1.75 | 1.7500 per share (35%) Dividend |
| 15-03-2013 | 04-07-2013 | Final | 30% | 1.50 | 1.7500 per share (35%) Dividend |
| 16-05-2012 | 05-07-2012 | Final | 30% | 1.50 | 1.7500 per share (30%) Dividend |
| 17-05-2011 | 29-06-2011 | Final | 25% | 1.25 | NIL |
| 13-05-2010 | 08-07-2010 | Final | 20 | 1.00 | NIL |
| 21-05-2009 | 02-07-2009 | Final | 20 | 1.00 | NIL |
| 26-06-2008 | 27-06-2008 | Final | 20 | 1.00 | NIL |
Bajaj Finserv Stock Performance
Bajaj Finserv is a company listed on the BSE and NSE. The company’s revenue has grown by 29.47% a year, compared to the industry average of 16.66%. In addition, the company’s market share has increased by 21.25%. Compared to the industry average of 18.99%, the company’s net income has grown by 28.15%.
Due to the COVID-19 pandemic, Bajaj Finserv faced trying times and slogged through a challenging year. The company earned a consolidated return on assets and equity of 3.1% and 12.8%, respectively.
| Particulars | 2021 | 2020 |
| Revenue from Operations | ||
| Interest Income | 26,933.22 | 26,504.37 |
| Dividend Income | 87.5 | 60.84 |
| Rental Income | 4.97 | 4.17 |
| Fees and Commission Charges | 2,387.11 | 2,476.34 |
| Net gain on Fair Value | 4,828.31 | 333.37 |
| Sales of service | 283.78 | 187.69 |
| Premium and other operating income from Insurance business | 25,759.83 | 24,498.56 |
| others | 306.51 | 281.35 |
| Total Revenue from Operations | 60591.2 | 54,346.69 |
| Other Income | 0.37 | 4.78 |
| Total Income | 60,591.57 | 54,351.47 |
| Expenses | ||
| Employee Benefit expenses | 4698.34 | 4755.11 |
| Finance costs | 9141.28 | 9338.53 |
| Fees and commission expenses | 2614.37 | 2206.1 |
| Impairment on financial instruments | 5978.85 | 4120.37 |
| Claims incurred pertaining to insured business | 11864.43 | 12512.17 |
| Reinsurance ceded | 4854.81 | 4520.67 |
| Net change in insurance | 7976.05 | 4353.87 |
| Depreciation, amortization, and impairment | 498.46 | 456.79 |
| Other Expenses | 3102.46 | 3786.86 |
| Total Expenses | 50729.05 | 46050.47 |
| Shares of P&L of the joint venture | -0.18 | 0.66 |
| Profit before tax | 9862.34 | 8301.66 |
| Tax Expense | ||
| Current Tax | 2322.24 | 2557.12 |
| Deferred Tax | 172.72 | -249.06 |
| Total tax expense | 2494.96 | 2308.006 |
| Profit after tax | 7,367.38 | 5,993.60 |
| Profit attributable to noncontrolling interest | 2,896.92 | 2,624.47 |
| Profit for the year | 4,470.46 | 3,369.13 |
Bajaj Finserv Listing and Indices
Bajaj Finserv is listed on Bombay Stock Exchange Limited and National Stock Exchange. The company constitutes a part of the following indices:
| Nifty 100 | Nifty Liquid 15 |
| Nifty 200 | Nifty 50 |
| Nifty 50 Equal Weight | Nifty 500 |
| Nifty 500 Multicap 50:25:25 Index | Nifty Financial Services |
| Nifty Financial service 25/50 | Nifty High Beta 50 |
| Nifty Large Midcap 250 | Nifty Service Sector |
| Nifty Total Market | Nifty100 Equal Weight |
| NIFTY100 Quality 30 | Nifty200 Momentum 30 Index |
| S&P BSE 100 | S&P BSE 100 LargeCap TMC Index |
| S&P BSE 200 | S&P BSE 250 LargeMidCap Index |
| S&P BSE 500 | S&P BSE AllCap |
| S&P BSE Carbonex | S&P BSE Diversified Financials |
| S&P BSE Dividend Stability Index | S&P BSE Dollex-200 |
| S&P BSE Finance | S&P BSE Greenex |
| S&P BSE LargeCap | S&P BSE LargeMidCap |
| S&P BSE Sensex | S&P BSE Sensex 50 |
Should You Invest in Bajaj Finserv
An investment is a crucial commitment. Before investing, you should conduct a thorough market analysis. Start by determining whether you plan on making a short-term or a long-term investment. You may want to consider investing in Bajaj Finserv if you are looking for a long term investment. Furthermore, the company operates in more than one sector, indicating promising prospects.
Over the past five years, the stock evaluation has grown by 5.2 times, from INR 3,170 in 2017 to INR 16,333 in 2022. According to analysts, the share price of Bajaj Finserv Limited has been bullish over the past year. A positive trend is predicted in the future, and it might be favourable for investing. In 5 years, the revenue is estimated to be around 129.57%. Bajaj Finserv Limited shares can be a profitable investment option if you are on the outlook for stocks with good returns.
FAQ’s about Bajaj Finserv Share Price
Q1. Is Bajaj Finserv a good investment option?
According to the experts, Bajaj Finserv is a weak stock, and hence short term buyers should be more cautious because there is a chance that the prices will fall in the near future. A positive trend is predicted in the future, and it might be favourable for long term investment.
Q2. Is Bajaj Finance overvalued?
As of May 2022, Bajaj FInserv shares are seen to be overvalued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to share valuation at this time.
Q3. Which company to invest in for the long term?
For long term investors, Bajaj Finserv is a good choice, as the experts predict a price rise in the future. It is anticipated that the future stock price of Bajaj Finserv Ltd will be INR 28,972.40.
