Bajaj Finserv, an eminent non-banking financial services conglomerate headquartered in Pune, India, stands as a beacon of excellence in the realm of investment opportunities. With a colossal market capitalization of ₹2,52,510 Cr., it emerges as a trusted custodian of the financial aspirations of countless investors.
As the esteemed holding company for an array of financial services businesses within the esteemed Bajaj group, Bajaj Finserv captivates discerning investors seeking to maximize their returns. Boasting a multifaceted approach, the company’s unwavering focus on lending, asset management, wealth management, and insurance empowers individuals with seamless asset acquisition, comprehensive asset protection, and transformative retirement and savings solutions. By blending sophistication with unrivaled expertise, Bajaj Finserv illuminates a path to prosperous investment ventures, fostering prosperity for both individuals and the broader market.
BAJAJ FINSERV Q3 FY24 CONSOLIDATED RESULTS SUMMARY
- Bajaj Finserv posted a consolidated net profit of Rs 2,157.67 crore for Q3 FY24, reflecting a robust 21.08% YoY increase compared to Rs 1,782.02 crore in the corresponding quarter last year.
- The substantial growth was primarily fueled by Bajaj Finance Ltd, a subsidiary, contributing to a 33% YoY rise in consolidated total income, reaching Rs 29,038 crore.
- Interest income witnessed a notable 33.5% YoY surge, amounting to Rs 13,922.38 crore during the quarter.
- The insurance segment displayed significant expansion, with premium and operating income escalating to Rs 12,308.62 crore, up from Rs 9,102.50 crore in the same period the previous year.
HOW TO PURCHASE BAJAJ FINSERV SHARES?
Below are the trading platforms that you can use to purchase Bajaj Finserv shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
- Paytm Money (Recommended)
BAJAJ FINSERV SHARE PRICE TARGET: 2024 – 2030
BAJAJ FINSERV SHARE PRICE TAREGT 2024
| When | Maximum Price | Minimum Price |
| April 2024 | 1,596.10 | 1,387.91 |
| May 2024 | 1,572.51 | 1,367.40 |
| June 2024 | 1,629.12 | 1,416.63 |
| July 2024 | 1,612.83 | 1,402.46 |
| August 2024 | 1,677.34 | 1,458.56 |
| September 2024 | 1,744.44 | 1,516.90 |
| October 2024 | 1,710.23 | 1,487.16 |
| November 2024 | 1,778.64 | 1,546.65 |
| December 2024 | 1,796.43 | 1,562.11 |
In April 2024, Bajaj Finserv is forecasted to reach a maximum price of 1,596.10 and a minimum price of 1,387.91, indicating potential fluctuations in its value. By December 2024, these values are expected to rise, with the maximum price projected to reach 1,796.43 and the minimum to be 1,562.11, suggesting a potential upward trend in Bajaj Finserv’s value throughout the year. These projections are based on historical data and market analysis, offering insights into potential price movements for Bajaj Finserv in the specified timeframe.
BAJAJ FINSERV SHARE PRICE TAREGT 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,798.23 | 1,383.25 |
| February 2025 | 1,801.83 | 1,386.02 |
| March 2025 | 1,839.67 | 1,415.13 |
| April 2025 | 1,803.60 | 1,387.38 |
| May 2025 | 1,751.06 | 1,346.97 |
| June 2025 | 1,829.86 | 1,407.59 |
| July 2025 | 1,793.98 | 1,379.99 |
| August 2025 | 1,849.47 | 1,422.67 |
| September 2025 | 1,871.66 | 1,439.74 |
| October 2025 | 1,920.32 | 1,477.17 |
| November 2025 | 1,968.33 | 1,514.10 |
| December 2025 | 2,056.91 | 1,582.24 |
Throughout January 2025, Bajaj Finserv is expected to open with a maximum price of 1,798.23 and a minimum price of 1,383.25, providing investors with an initial reference point. As we progress into the subsequent months, fluctuations in prices are anticipated, but an overall upward trajectory is forecasted. By December 2025, it is projected that Bajaj Finserv will reach its peak for the year, with a maximum price expected to reach 2,056.91 and a minimum price likely around 1,582.24, signaling potential growth opportunities for investors who remain active in the market.
BAJAJ FINSERV SHARE PRICE TAREGT 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 2,118.61 | 1,629.70 |
| February 2026 | 2,172.94 | 1,671.49 |
| March 2026 | 2,257.68 | 1,736.68 |
| April 2026 | 2,213.41 | 1,702.63 |
| May 2026 | 2,148.94 | 1,653.03 |
| June 2026 | 2,245.65 | 1,727.42 |
| July 2026 | 2,201.62 | 1,693.55 |
| August 2026 | 2,269.71 | 1,745.93 |
| September 2026 | 2,349.15 | 1,807.04 |
| October 2026 | 2,410.22 | 1,854.02 |
| November 2026 | 2,470.48 | 1,900.37 |
| December 2026 | 2,532.24 | 1,947.88 |
BAJAJ FINSERV SHARE PRICE TAREGT 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 2,582.89 | 1,986.84 |
| February 2027 | 2,649.11 | 2,037.78 |
| March 2027 | 2,752.43 | 2,117.25 |
| April 2027 | 2,698.46 | 2,075.74 |
| May 2027 | 2,619.86 | 2,015.28 |
| June 2027 | 2,737.76 | 2,105.97 |
| July 2027 | 2,684.08 | 2,064.67 |
| August 2027 | 2,767.09 | 2,128.53 |
| September 2027 | 2,863.94 | 2,203.03 |
| October 2027 | 2,938.40 | 2,260.31 |
| November 2027 | 3,011.86 | 2,316.82 |
| December 2027 | 3,087.16 | 2,374.74 |
BAJAJ FINSERV SHARE PRICE TAREGT 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 3,148.90 | 2,422.23 |
| February 2028 | 3,229.64 | 2,484.34 |
| March 2028 | 3,355.60 | 2,581.23 |
| April 2028 | 3,289.80 | 2,530.62 |
| May 2028 | 3,193.98 | 2,456.91 |
| June 2028 | 3,337.71 | 2,567.47 |
| July 2028 | 3,272.26 | 2,517.13 |
| August 2028 | 3,373.47 | 2,594.98 |
| September 2028 | 3,491.54 | 2,685.80 |
| October 2028 | 3,582.32 | 2,755.63 |
| November 2028 | 3,671.88 | 2,824.52 |
| December 2028 | 3,763.68 | 2,895.14 |
BAJAJ FINSERV SHARE PRICE TAREGT 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 3,838.95 | 2,953.04 |
| February 2029 | 3,937.38 | 3,028.76 |
| March 2029 | 4,090.94 | 3,146.88 |
| April 2029 | 4,010.73 | 3,085.17 |
| May 2029 | 3,893.91 | 2,995.32 |
| June 2029 | 4,069.14 | 3,130.10 |
| July 2029 | 3,989.35 | 3,068.73 |
| August 2029 | 4,112.73 | 3,163.64 |
| September 2029 | 4,256.68 | 3,274.37 |
| October 2029 | 4,367.35 | 3,359.50 |
| November 2029 | 4,476.53 | 3,443.49 |
| December 2029 | 4,588.45 | 3,529.57 |
BAJAJ FINSERV SHARE PRICE TAREGT 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 4,680.22 | 3,600.17 |
| February 2030 | 4,800.22 | 3,692.48 |
| March 2030 | 4,987.43 | 3,836.48 |
| April 2030 | 4,889.64 | 3,761.26 |
| May 2030 | 4,747.22 | 3,651.71 |
| June 2030 | 4,960.85 | 3,816.04 |
| July 2030 | 4,863.57 | 3,741.21 |
| August 2030 | 5,013.99 | 3,856.92 |
| September 2030 | 5,189.48 | 3,991.91 |
| October 2030 | 5,324.41 | 4,095.70 |
| November 2030 | 5,457.52 | 4,198.09 |
| December 2030 | 5,593.96 | 4,303.04 |
As we step into January 2030, Bajaj Finserv’s stock is expected to kick off the year with a maximum price of 4,680.22 and a minimum of 3,600.17, giving investors a starting point for the year ahead. Over the following months, we anticipate seeing a gradual rise in both the highest and lowest prices, indicating a positive trend in the market and potentially attracting more interest from investors. By the time we reach December 2030, Bajaj Finserv’s stock could hit its peak for the year, with a maximum price projected at 5,593.96 and a minimum of 4,303.04, wrapping up the year on a high note for shareholders.
BAJAJ FINSERV FINANCIAL CONDITION: LAST 5 YEARS
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales | 42,605 | 54,351 | 60,592 | 68,406 | 82,071 |
| Expenses | 27,569 | 36,094 | 40,950 | 46,951 | 52,383 |
| Operating Profit | 15,037 | 18,258 | 19,641 | 21,455 | 29,688 |
| OPM % | 35% | 34% | 32% | 31% | 36% |
| Other Income | 2 | 0 | -7 | 8 | 2 |
| Interest | 6,657 | 9,500 | 9,274 | 9,629 | 12,201 |
| Depreciation | 226 | 457 | 498 | 563 | 678 |
| Profit before tax | 8,155 | 8,302 | 9,862 | 11,271 | 16,811 |
| Tax % | 34% | 28% | 25% | 26% | 27% |
| Net Profit | 5,374 | 5,994 | 7,367 | 8,314 | 12,210 |
| EPS in Rs | 20.23 | 21.17 | 28.09 | 28.63 | 40.29 |
| Dividend Payout % | 1% | 2% | 1% | 1% | 2% |
Bajaj Finserv has demonstrated a remarkable financial performance over the past five years, with strong sales growth and prudent cost management. The company’s revenues have surged from ₹42,605 crores in 2019 to ₹82,071 crores in 2023, reflecting a CAGR of 19.4%. Operating profit margins have remained consistently healthy, reaching 36% in 2023.
Bajaj Finserv has effectively leveraged its wide distribution network of 509 branches, catering to diverse customer segments through various channels. With a commitment to shareholder value, the company has maintained a steady dividend payout ratio and achieved impressive earnings per share growth. Overall, Bajaj Finserv’s robust financial performance highlights its strategic focus and strong market position.
FAQs
As of March 28, 2024, the shares of Bajaj Finserv are currently valued at INR 1,583 in the market.
Based on meticulous market analysis and current market trends, the anticipated share price range for Bajaj Finserv in 2024 is forecasted to lie within the bracket of ₹1,367.40 (minimum) and ₹1,796.43 (maximum).
Given our price prediction, it is improbable that Bajaj Finserv’s share price will achieve the milestone of 5000 INR by the conclusion of 2025.
Bajaj Finsevr is expected to reach ₹5,593.96 by the end of 2030.
What is Bajaj Finserv’s revenue growth over the last 5 years?
Bajaj Finserv has achieved revenue growth of approximately 92.9% over the last 5 years from 2019 to 2023.
What is Bajaj Finserv’s profit growth over the last 5 years?
Bajaj Finserv has achieved a commendable compound profit growth of approximately 19% over the past 5 years, exemplifying the company’s astute financial acumen and adeptness in capitalizing on market opportunities.
Is Bajaj Finserv a good stock to buy?
Bajaj Finserv garners significant investor interest owing to its strong financial performance, favorable market position, and promising growth prospects; nevertheless, conducting individual research and consulting with a financial advisor are essential prerequisites before making any investment decisions.
The forthcoming share price of Bajaj Finserv is susceptible to a multitude of factors including economic conditions, interest rates, competition, regulatory alterations, and the company’s performance, necessitating investors to diligently observe these variables and adjust their investment approaches accordingly.
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CONCLUSION
In conclusion, this leading Indian non-banking financial services company operates as the holding entity for a range of financial businesses within the esteemed Bajaj group. Its comprehensive suite of services includes asset acquisition financing, general insurance for asset protection, life and health insurance for family and income security, and retirement and savings solutions.
With a substantial market capitalization of ₹2,52,510 Cr. and a current share price of ₹1,583, the company presents an appealing investment opportunity. Its robust market position, diversified portfolio, and customer-centric approach position it favorably for long-term growth and stability. Investors are encouraged to consider the company’s strong performance and prospects when making informed investment decisions.
What did we learn?
- 1 BAJAJ FINSERV Q3 FY24 CONSOLIDATED RESULTS SUMMARY
- 2 HOW TO PURCHASE BAJAJ FINSERV SHARES?
- 3 BAJAJ FINSERV SHARE PRICE TARGET: 2024 – 2030
- 4 BAJAJ FINSERV FINANCIAL CONDITION: LAST 5 YEARS
- 5 FAQs
- 5.1 What is the current share price of Bajaj Finserv?
- 5.2 What is the expected share price target of Bajaj Finserv for the year 2024?
- 5.3 Can Bajaj Finserv’s share price reach 500o INR by 2025?
- 5.4 What is the share price target of Bajaj Finserv for the year 2030?
- 5.5 What is Bajaj Finserv’s revenue growth over the last 5 years?
- 5.6 What is Bajaj Finserv’s profit growth over the last 5 years?
- 5.7 Is Bajaj Finserv a good stock to buy?
- 5.8 What are the factors that can impact Bajaj Finserv’s share price in the future?
- 6 CONCLUSION
