Bajaj Housing Finance Ltd Share Price Target 2024, 2025 to 2030

Bajaj Housing Finance Ltd (BHFL), a prominent player in India’s financial landscape, is a non-banking financial company (NBFC) established in 2008 as part of the renowned Bajaj Finserv Group. Specializing in housing finance solutions, BHFL offers a comprehensive array of products designed to meet the diverse needs of its customers. These include home purchase loans, home construction loans, home extension loans, and loans against property, making it a one-stop solution for individuals looking to secure funding for their housing needs. The company’s customer base is varied, encompassing salaried individuals, self-employed professionals, and businesses, reflecting its adaptability to different financial situations.

In a bid to enhance the customer experience, BHFL leverages cutting-edge technology to streamline the loan application and processing journey. This focus on innovation ensures a seamless experience, providing quick approvals and efficient customer service. BHFL’s strong market presence is supported by a wide network of branches across India and strategic partnerships with various financial institutions, enabling it to reach a larger audience and cater to the growing demand for housing finance. Through its commitment to customer satisfaction and financial inclusion, Bajaj Housing Finance Ltd not only plays a vital role in facilitating homeownership but also contributes significantly to the overall growth and development of the real estate sector in India.

Latest News on Bajaj Housing Finance Ltd

On October 14, 2024, Bajaj Housing Finance Ltd (BHFL) experienced a significant decline in its share price, falling by over 6%. This drop was primarily attributed to the expiration of the one-month lock-in period for anchor investors, allowing them to trade their shares freely. Approximately 12.6 crore shares, representing around 2% of the company’s total outstanding equity, became eligible for trading, leading to increased selling pressure.

This development raised concerns among investors about potential volatility and the overall impact on the stock’s performance. The market reacted as investors closely monitored the trading activities of these previously locked-in shares, fearing a potential oversupply that could further depress the stock price. The situation underscores the sensitivity of BHFL’s shares to market dynamics and investor sentiment, highlighting the broader trends in the financial sector as well as the specific circumstances surrounding the company. As investors evaluate the implications of this news, it will be crucial for BHFL to communicate its strategies and performance outlook to maintain investor confidence and stabilize its share price in the future.

How to Purchase Bajaj Housing Finance Ltd Shares in India?

Below are the trading platforms that you can use to purchase Bajaj Housing Finance shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Bajaj Housing Finance Ltd Share Price Prediction: 2024 – 2030

Bajaj Housing Finance Ltd Share Price Target 2024

When	Maximum Price	Minimum Price
October 2024	150.85	131.18
November 2024	156.89	136.42
December 2024	158.46	137.79

In October 2024, Bajaj Housing Finance Ltd is expected to see a maximum price of ₹150.85 and a minimum price of ₹131.18. Moving into November 2024, the anticipated maximum price is projected to reach ₹156.89, while the minimum price is expected to be ₹136.42. By December 2024, Bajaj Housing Finance Ltd is forecasted to attain a maximum price of ₹158.46, with a minimum price of ₹137.79.

Bajaj Housing Finance Ltd Share Price Target 2025

When	Maximum Price	Minimum Price
January 2025	160.04	123.11
February 2025	161.66	124.35
March 2025	165.05	126.96
April 2025	163.42	125.71
May 2025	158.66	122.05
June 2025	165.80	127.54
July 2025	162.55	125.04
August 2025	167.58	128.90
September 2025	169.59	130.45
October 2025	174.00	133.84
November 2025	178.35	137.19
December 2025	186.37	143.36

As we step into 2025, projections for Bajaj Housing Finance suggest a strong performance throughout the year. In January, the maximum price is expected to be ₹160.04, with a minimum of ₹123.11. This upward trend continues, with February seeing a maximum of ₹161.66 and a minimum of ₹124.35. By March, the figures are anticipated to reach ₹165.05 (maximum) and ₹126.96 (minimum).

In the following months, the maximum price for Bajaj Housing Finance is projected to remain robust, hitting ₹174.00 in October and rising to ₹186.37 by December, with minimum prices also increasing steadily. This reflects positive market sentiment and growth potential for Bajaj Housing Finance throughout 2025.

Bajaj Housing Finance Ltd Share Price Target 2026

When	Maximum Price	Minimum Price
January 2026	191.96	147.66
February 2026	187.16	143.97
March 2026	190.91	146.85
April 2026	194.80	149.85
May 2026	192.87	148.36
June 2026	197.70	152.07
July 2026	193.82	149.09
August 2026	199.81	153.70
September 2026	203.81	156.78
October 2026	209.11	160.85
November 2026	214.34	164.87
December 2026	219.69	169.00

Bajaj Housing Finance Ltd Share Price Prediction 2027

When	Maximum Price	Minimum Price
January 2027	221.89	170.69
February 2027	227.58	175.06
March 2027	236.46	181.89
April 2027	231.82	178.32
May 2027	225.07	173.13
June 2027	235.20	180.92
July 2027	230.58	177.37
August 2027	237.72	182.86
September 2027	246.04	189.26
October 2027	252.43	194.18
November 2027	258.74	199.03
December 2027	265.21	204.01

Bajaj Housing Finance Ltd Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	270.52	208.09
February 2028	277.45	213.43
March 2028	288.27	221.75
April 2028	282.62	217.40
May 2028	274.39	211.07
June 2028	286.74	220.57
July 2028	281.11	216.24
August 2028	289.81	222.93
September 2028	299.95	230.73
October 2028	307.75	236.73
November 2028	315.44	242.65
December 2028	323.33	248.72

Bajaj Housing Finance Ltd Share Price Target 2029

When	Maximum Price	Minimum Price
January 2029	329.80	253.69
February 2029	338.25	260.20
March 2029	351.45	270.34
April 2029	344.55	265.04
May 2029	334.52	257.32
June 2029	349.57	268.90
July 2029	342.72	263.63
August 2029	353.32	271.78
September 2029	365.68	281.30
October 2029	375.19	288.61
November 2029	384.57	295.82
December 2029	394.19	303.22

Bajaj Housing Finance Ltd Share Price Prediction 2030

When	Maximum Price	Minimum Price
January 2030	402.07	309.28
February 2030	412.38	317.21
March 2030	428.46	329.59
April 2030	420.06	323.12
May 2030	407.83	313.71
June 2030	426.18	327.83
July 2030	417.82	321.40
August 2030	430.74	331.34
September 2030	445.82	342.94
October 2030	457.41	351.85
November 2030	468.85	360.65
December 2030	480.57	369.67

As we move through 2030, Bajaj Housing Finance is projected to experience a notable rise in its share prices. In January, the maximum price is expected to reach ₹402.07, with a minimum of ₹309.28. This positive trend continues into February, where the maximum is anticipated at ₹412.38, and the minimum at ₹317.21. By March, projections indicate a further increase, with maximum and minimum prices at ₹428.46 and ₹329.59, respectively. As we approach the middle of the year, prices will fluctuate, with the maximum expected to peak at ₹457.41 in October and culminating at ₹480.57 in December, while the minimum prices show a steady upward trajectory as well.

Financial Condition of Bajaj Housing Finance Ltd: Last 5 Years

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Revenue	2,646	3,155	3,767	5,665	7,617
Interest	1,618	1,968	2,157	3,213	4,695
Expenses +	438	552	624	718	721
Financing Profit	591	635	986	1,734	2,201
Financing Margin %	22%	20%	26%	31%	29%
Other Income +	0	0	0	0	0
Depreciation	23	22	26	33	40
Profit before tax	567	613	960	1,700	2,161
Tax %	26%	26%	26%	26%	20%
Net Profit +	421	453	710	1,258	1,731
EPS in Rs	0.86	0.93	1.45	1.87	2.58
Dividend Payout %	0%	0%	0%	0%	0%

Bajaj Housing Finance Ltd has demonstrated impressive financial growth over the past five years, reflecting its strong position in the housing finance sector. From March 2020 to March 2024, the company’s revenue surged significantly from ₹2,646 crore to ₹7,617 crore, marking a compound annual growth rate (CAGR) of approximately 55%. This increase in revenue is supported by a steady rise in interest income, which grew from ₹1,618 crore in March 2020 to ₹4,695 crore in March 2024.

Despite rising expenses, which hovered around ₹438 crore in March 2020 and slightly increased to ₹721 crore by March 2024, Bajaj Housing Finance Ltd has managed to enhance its financing profit substantially. The financing profit escalated from ₹591 crore in March 2020 to ₹2,201 crore in March 2024, indicating a robust performance in managing costs relative to income.

The financing margin has also remained strong, with percentages fluctuating between 20% and 31% over the years, settling at 29% in March 2024. This indicates Bajaj Housing Finance Ltd’s effective management of its loan portfolio and cost of funds. Moreover, the company maintained a consistent tax rate of 26% until March 2024, when it lowered to 20%, contributing positively to its net profit.

Net profit rose significantly from ₹421 crore in March 2020 to ₹1,731 crore in March 2024, showcasing the company’s robust profitability and operational efficiency. Consequently, the Earnings Per Share (EPS) has improved markedly, increasing from ₹0.86 in March 2020 to ₹2.58 in March 2024, reflecting the company’s strong earnings growth and enhanced shareholder value.

While Bajaj Housing Finance Ltd has not distributed dividends during this period, opting to reinvest profits for future growth, the overall financial performance indicates a promising outlook for investors and stakeholders alike. As the company continues to expand its offerings and customer base, it is well-positioned to sustain this growth trajectory in the competitive housing finance market.

FAQs

What is Bajaj Housing Finance current market capitalization?

Bajaj Housing Finance current market capitalization stands at ₹1,16,036 crore.

What is Bajaj Housing Finance current share price?

Bajaj Housing Finance current share price is ₹139 as of October 19, 2024.

What is Bajaj Housing Finance share price target for 2025?

Bajaj Housing Finance share price target for 2025 ranges from a minimum of ₹122.05 to a maximum of ₹186.37.

What is Bajaj Housing Finance share price target for 2030?

Bajaj Housing Finance share price target for 2030 ranges from a minimum of ₹309.28 to a maximum of ₹480.57.

What is Bajaj Housing Finance current Price-to-Earnings (P/E) ratio?

Bajaj Housing Finance current Price-to-Earnings (P/E) ratio stands at 67.0.

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Conclusion

In conclusion, Bajaj Housing Finance Ltd (BHFL) has emerged as a significant player in the Indian housing finance sector since its establishment in 2008, offering a diverse range of products that cater to various customer needs. The company has effectively leveraged technology to enhance customer experience and streamline loan processing, contributing to its impressive financial growth over the past five years, marked by substantial increases in revenue and net profit. Despite facing recent challenges, including a decline in share price due to increased selling pressure from anchor investors, BHFL’s long-term outlook remains positive. With the share price currently at ₹139 and a market capitalization of ₹1,16,036 crore, the projected price targets from 2024 to 2030 suggest a favorable growth trajectory, positioning BHFL as an attractive investment opportunity in the evolving housing finance market in India.