Today, we’re going on a journey to explore Bajaj Finance Share Price Target for 2023 to 2050. We’ll use our knowledge and the company’s growth prospects to make an estimate, as the performance over the years has made many curious about whether Bajaj Finance is a wise investment for the long term. Additionally, we’ll also consider analyst recommendations from various brokerage firms.
As an investor or a beginner interested in Bajaj Finance, it is essential to understand the potential of Bajaj Finance’s share price target. We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Bajaj Finance Share price target for 2023, 2024, 2025, 2027, 2030 to 2050.
Overview of Bajaj Finance
| Name | Bajaj Finance |
|---|---|
| Type | Public |
| Exchange | BSE: 500034 NSE: BAJFINANCE |
| Industry | Financial services |
| Founded | 1987 |
| Founder | Rahul Bajaj |
| Headquarters | Pune, India |
| Leadership | Sanjiv Bajaj Rajeev Jain |
| Employees | – |
| Website | bajajfinserv.in |
| Profile | Bajaj_Finance |
Bajaj Finance Limited, a subsidiary of Bajaj Finserv Ltd, is a leading non-banking financial corporation that provides various financial services to customers across India. The company is a trusted name in the Indian financial market and has been providing its customers with reliable and innovative financial solutions for more than three decades.
Founded in 1987 by Rahul Bajaj, the company’s headquarters is situated in Pune, India. With Sanjiv Bajaj and Rajeev Jain at the helm, the company has become a significant player in the financial services sector.
Bajaj Finance Limited is a publicly traded company and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) under the ticker symbols BSE: 500034 and NSE: BAJFINANCE respectively. It is also a constituent of the BSE SENSEX and NSE NIFTY 50 indices.
The company’s primary focus is on providing lending solutions, fixed deposits, and mutual funds to its customers. Bajaj Finance Limited has made it easy for people to avail of personal loans, home loans, business loans, and other financial products with its hassle-free application process and quick disbursal.
Bajaj Finance Limited is committed to delivering top-notch financial solutions to its customers. The company’s subsidiaries include Bajaj Financial Services Ltd., Bajaj Housing Finance Ltd., and Bajaj Financial Securities Ltd. These subsidiaries help Bajaj Finance Limited provide a range of financial services to customers across the country.
The company’s success can be attributed to its customer-centric approach and its ability to provide tailor-made financial solutions to meet individual needs. Bajaj Finance Limited has a wide range of financial products that cater to the needs of all types of customers, from salaried individuals to self-employed professionals.
Bajaj Finance Limited has earned a reputation for its excellent customer service, quick turnaround time, and transparent processes. The company has won several awards and recognitions for its contribution to the financial services sector, including the Best Managed Company in Financial Services at the Business Today Best Companies Awards.
Keep an eye on Bajaj Finance’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Bajaj Finance’s share price.
Fundamentals of Bajaj Finance
As of May 10, 2023, the fundamental analysis of Bajaj Finance Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), and Dividend Yield.
| Metric | Standalone | Consolidate |
|---|---|---|
| Market Cap | ₹ 4,01,490.40 Cr. | ₹ 4,01,490.40 Cr. |
| Advances | ₹ 1,44,276.25 Cr. | ₹ 1,91,423.25 Cr. |
| No. of Shares | 60.54 Cr. | 60.54 Cr. |
| P/E | 39.02 | 34.89 |
| P/B | 7.8 | 7.38 |
| Face Value | ₹ 2 | ₹ 2 |
| Div. Yield | 0.46 % | 0.45 % |
| Book Value (TTM) | ₹ 850.53 | ₹ 898.08 |
| Operating Revenue | ₹ 27,894.74 Cr. | ₹ 31,658.98 Cr. |
| Net Profit | ₹ 6,350.49 Cr. | ₹ 7,028.23 Cr. |
| Promoter Holding | 55.91 % | 55.91 % |
| EPS (TTM) | ₹ 169.96 | ₹ 190.07 |
| Sales Growth | 18.45 | 18.62 |
| ROE | 16.43 % | 17.59 % |
| ROCE | 10.81 % | 10.25 % |
| Profit Growth | 60.55 % | 59.02 % |
The most useful metrics for a fundamental analysis of a company may vary depending on the specific company and industry, as well as the goals and investment strategy of the analyst. here are some additional metrics that can be useful in fundamental analysis.
Bajaj Finance Income Results
Bajaj Finance releases its financial performance information to the public in the form of an income statement. Understanding the income statement is essential for investors, analysts, and financial professionals who want to make informed decisions about investing in Bajaj Finance or analyzing the company’s performance.
| PARTICULARS | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 18,485 | 26,374 | 26,668 | 31,632 | 41,397 |
| Expenses | 12,323 | 19,035 | 20,655 | 22,081 | 25,880 |
| EBITDA | 6,162 | 7,339 | 6,013 | 9,552 | 15,518 |
| EBIT | 6,018 | 7,045 | 5,688 | 9,167 | 15,033 |
| Profit Before Tax | 6,179 | 7,322 | 5,992 | 9,504 | 15,528 |
| Net Profit | 3,995 | 5,264 | 4,420 | 7,028 | 11,508 |
| Operating Profit Margin | 33.34% | 27.83% | 22.55% | 30.20% | 37.49% |
| Net Profit Margin | 21.61% | 19.96% | 16.57% | 22.22% | 27.80% |
| Earning Per Share | 85.42 | 155.29 | 145.79 | 174.62 | 228.51 |
| Dividends Per Share | 6.00 | 10.00 | 10.00 | 20.00 | 30.00 |
Bajaj Finance Competitors
| Name | Market Cap. (Rs. cr.) |
| Bajaj Finance | 401,490.40 |
| Chola Invest. | 81,349.11 |
| Bajaj Holdings | 76,808.66 |
| Shriram Finance | 50,661.88 |
| IRFC | 42,930.04 |
| Muthoot Finance | 42,882.70 |
| M&M Financial | 35,317.62 |
| Sundaram Fin | 26,924.35 |
| Poonawalla Fin | 24,819.88 |
| L&T Finance | 23,559.71 |
| Piramal Enter | 17,636.05 |
- Promoters— 55.91%
- Retail And Others— 13.00%
- Foreign Institutions— 19.16%
- Mutual Funds— 9.26%
- Other Domestic Institutions— 2.67%
An effective method for evaluating the Bajaj Finance share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
These organizations frequently offer comprehensive assessments of the company’s financial performance, future prospects, and industry trends, accompanied by recommendations and target prices.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 27 APR 2023 | HDFC Securities | 6780.00 | Accumulate |
| 27 APR 2023 | Axis Direct | 7250.00 | Buy |
| 27 APR 2023 | Motilal Oswal | 7080.00 | Buy |
| 27 APR 2023 | ICICI Direct | 7250.00 | Buy |
| 27 APR 2023 | Prabhudas Lilladhar | 7835.00 | Buy |
| 07 FEB 2023 | Geojit BNP Paribas | 6870.00 | Buy |
| 01 FEB 2023 | KRChoksey | 8030.00 | Buy |
| 30 JAN 2023 | Axis Direct | 7400.00 | Buy |
| 28 JAN 2023 | HDFC Securities | 6700.00 | Accumulate |
| 28 JAN 2023 | ICICI Direct | 7250.00 | Buy |
| 28 JAN 2023 | Motilal Oswal | 6880.00 | Buy |
| 21 OCT 2022 | HDFC Securities | 7314.00 | Sell |
| 21 OCT 2022 | ICICI Direct | 8650.00 | Buy |
| 21 OCT 2022 | Axis Direct | 8600.00 | Buy |
| 21 OCT 2022 | KRChoksey | 8630.00 | Buy |
| 21 OCT 2022 | Prabhudas Lilladhar | 8953.00 | Buy |
- Ownership—Stable
- Valuation—Expensive
- Efficiency—Excellent
- Financials—Very Stable
*It is just an analytical rating of the company and not investment advice.
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Bajaj Finance price target for 2023, 2024, 2025, 2027, 2030 to 2050, based on our knowledge and forecasting.
| Minimum Target: ₹7,500 |
| Maximum Target: ₹8,500 |
As per our analysis, we predict that the share price of Bajaj Finance will likely range between INR 7,500 and INR 8,500 by the end of 2023. This is based on several factors, including the company’s strong financial performance, consistent growth in its loan book, and the overall positive sentiment in the stock market.
Additionally, the implementation of various government initiatives aimed at boosting the NBFC sector is likely to positively impact Bajaj Finance’s share price.
| Minimum Target: ₹9,000 |
| Maximum Target: ₹10,000 |
In 2024, we predict that the share price of Bajaj Finance will likely range between INR 9,000 and INR 10,000. This projection is based on the expectation that the company will continue to maintain its impressive growth trajectory, backed by its robust business model and strong distribution network.
The demand for consumer and SME loans is also expected to remain high, further bolstering Bajaj Finance’s financial performance and share price.
| Minimum Target: ₹11,000 |
| Maximum Target: ₹12,000 |
By the end of 2025, we anticipate that the share price of Bajaj Finance will likely range between INR 11,000 and INR 12,000. This projection is based on the expectation that the company will continue to focus on diversifying its product portfolio and expanding its customer base.
Additionally, the overall positive economic outlook for India, coupled with the government’s continued focus on boosting the NBFC sector, is likely to further drive Bajaj Finance’s growth and share price.
| Minimum Target: ₹13,000 |
| Maximum Target: ₹14,000 |
In 2026, we predict that the share price of Bajaj Finance will likely range between INR 13,000 and INR 14,000. This projection is based on the assumption that the company will continue to leverage its strong distribution network and technology capabilities to drive growth across its various business segments.
Additionally, the expected improvement in consumer and business sentiments, coupled with the likely increase in disposable income, is expected to positively impact Bajaj Finance’s financial performance and share price.
| Minimum Target: ₹15,000 |
| Maximum Target: ₹16,000 |
By the end of 2027, we anticipate that the share price of Bajaj Finance will likely range between INR 15,000 and INR 16,000. This projection is based on the expectation that the company will continue to invest in its digital capabilities and enhance its customer experience.
The anticipated growth in the Indian economy, coupled with the expected increase in demand for credit, is likely to further drive Bajaj Finance’s growth and share price.
| Minimum Target: ₹20,000 |
| Maximum Target: ₹22,000 |
Looking ahead to 2030, we predict that the share price of Bajaj Finance will likely range between INR 20,000 and INR 22,000. This projection is based on the expectation that the company will continue to expand its product portfolio and customer base while maintaining its focus on profitability and risk management.
Additionally, the expected growth in the Indian economy and rising middle-class population is likely to fuel the demand for credit, further driving Bajaj Finance’s growth and share price.
| Minimum Target: ₹40,000 |
| Maximum Target: ₹45,000 |
By the end of 2040, we anticipate that the share price of Bajaj Finance will likely range between INR 40,000 and INR 45,000. This projection is based on the assumption that the company will continue to innovate and adapt to changing market conditions while maintaining its strong financial performance.
Additionally, the expected growth in the Indian economy and the increasing adoption of digital financial services is likely to further fuel Bajaj Finance’s growth and share price.
| Minimum Target: ₹80,000 |
| Maximum Target: ₹90,000 |
Looking ahead to 2050, we predict that the share price of Bajaj Finance will likely range between INR 80,000 and INR 90,000. This projection is based on the expectation that the company will continue to capitalize on emerging opportunities in the Indian financial services market while maintaining its competitive advantage.
The anticipated growth in the Indian economy, coupled with the increasing adoption of digital financial services, is likely to further drive Bajaj Finance’s growth and share price in the long term.
It is important to note that stock prices are influenced by a variety of factors, including economic conditions, industry trends, company performance, and investor sentiment.
These factors can change rapidly and impact the stock price of Bajaj Finance and other companies. It is important to consult with a licensed financial advisor or conduct your own research before making any investment decisions
