On Wednesday, Bajaj Finance’s share price plunged over 5% to 8,587 per share (as of 11:45 am) with an intraday high of ₹8,888 per share and an intraday low of ₹8,556 per share from its previous closing of ₹9,093 per share. The stock became the worst performer on the Nifty 50, despite reporting higher quarterly profits, as investors' concern over elevated credit costs and weak pre-provision earnings.
On a year-to-date basis, the stock is up by 26.01% while Nifty Financial gained 21.19%. In the longer period of 5 years, the stock price has surged by over 300%.
On Tuesday, Bajaj Finance Ltd announced its financial results for the fourth quarter ended March 2025. The details are as follows:
The Board of Directors of Bajaj Finance has declared a Special Interim dividend of ₹12 per equity share (600% of face value ₹2) for the financial year ending March 31, 2025. The record date for the special interim dividend is May 9, 2025. Additionally, they have recommended a Final Dividend of ₹44 per equity share (2,200% of face value ₹2) for the same financial year, pending shareholder approval. The record date set for the final dividend is May 30, 2025.
Furthermore, the board approved a sub-division of each equity share of face value ₹2 into two equity shares of face value ₹1 to encourage retail participation, with the corporate action expected to be completed by June 27, 2025, subject to approvals.
Lastly, a bonus issue of 4 equity shares for each existing equity share is proposed. The corporate action is expected to be completed by June 27, 2025, subject to approvals.
In the Quarterly Results of March 2025, the company reported a revenue of ₹18,456.85 crore, reflecting a YoY growth of 23.65% compared to ₹14,926.21 crore in March 2024. The financing profit stood at ₹5,879 crore, marking an 11.15% increase from ₹5,289 crore in the same quarter last year. The profit after tax (PAT) increased by 17.13% to ₹4,479.57 crore from ₹3,824.53 crore in March 2024.
In FY25, the company posted a revenue of ₹69,683.51 crore, registering a 26.76% growth compared to ₹54,971.56 crore in FY24. The net profit for the year stood at ₹16,637.82 crore, up 15.13% from ₹14,451.17 crore in the previous financial year.
Bajaj Finance Ltd., established in 1987, has evolved from a vehicle financing company to become one of India's largest and most diversified Non-Banking Financial Companies (NBFC). Primarily engaged in lending, Bajaj Finance boasts a widespread presence across urban and rural India, catering to retail, SME, and commercial customers through a diversified portfolio. Beyond lending, the company also accepts public and corporate deposits and provides a variety of financial services.Disclaimer: The article is for informational purposes only and not investment advice.
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