NSE 500 — The Filing Layer   CompaniesCoverageDocument library

Bajaj Finance Ltd.

BAJFINANCEFinancial ServicesR3 verified document library

Coverage

DatasetOn diskUsableState
Results XBRL (NSE + BSE)953030 quarter-ends
Annual reports1111identity graded
Earnings calls66transcripts and analyst meets only
Shareholding2121
Related party55
Investor decks00cohort of 48 companies only

Financial statements (verified v2 store)

Quarterly values as filed, in INR crore, from the results XBRL; each cell carries its source instance and context in the cell title. Verification: 500 random source re-reads, 500 agree; identity failures 0. Ratios, segments and call linkage for this company ship in the next release.

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Revenue from operations4,255.924,974.707,011.0526,373.816,648.206,516.556,656.1226,668.106,741.917,731.368,532.5831,632.429,280.929,968.4010,784.3041,397.3812,497.8113,378.2614,161.0954,969.4916,098.6717,090.2718,035.1169,683.5119,523.8820,178.9021,213.8981,982.3823,165.45
Other income40.4320.5614.8811.831.546.742.3514.951.100.702.487.991.794.231.658.312.733.494.8913.023.645.1423.2141.273.861.860.697.120.97
Total income4,296.354,995.267,025.9326,385.646,649.746,523.296,658.4726,683.056,743.017,732.068,535.0631,640.419,282.719,972.6310,785.9541,405.6912,500.5413,381.7514,165.9854,982.5116,102.3117,095.4118,058.3269,724.7819,527.7420,180.7621,214.5881,989.5023,166.42
Cost of materials consumed0.000.00—————————————0.00—————————————
Purchases of stock-in-trade0.000.00—————————————0.00—————————————
Changes in inventories of finished goods, WIP and stock-in-trade0.000.00—————————————0.00—————————————
Employee benefit expense459.97510.91722.092,549.08537.52514.39678.432,498.67616.52937.201,015.733,589.661,183.401,239.641,285.595,059.131,497.021,587.521,661.756,396.011,774.771,834.841,955.547,508.342,102.562,154.462,250.138,978.532,644.83
Finance costs1,567.341,786.112,489.039,473.212,497.632,358.142,362.689,414.002,253.552,397.572,534.549,748.242,645.132,971.373,351.2212,559.894,102.524,537.064,868.0218,724.695,683.866,149.326,385.6324,770.796,917.687,011.287,338.7128,665.957,942.09
Depreciation, depletion and amortisation33.3841.0975.62294.6384.2271.5279.64325.2789.0294.5396.58384.57111.41120.87118.99485.38156.09158.52175.75683.32199.81210.04219.13880.99251.49258.06243.911,008.98287.55
Other expenses801.151,021.48460.001,760.74349.25293.04287.011,237.79388.01478.11519.551,865.21627.93675.81710.782,693.98732.91791.01847.673,314.36942.12964.861,006.963,939.151,001.471,047.661,052.944,130.681,101.18
Total expenses2,861.843,359.594,855.8619,063.515,340.055,217.825,103.9620,690.795,377.155,727.615,667.0822,136.635,779.956,220.346,774.3325,879.507,952.168,624.149,272.1135,680.5810,839.4811,697.3812,295.9247,662.9613,160.9013,575.9315,520.4755,924.0915,022.53
Profit before exceptional items and tax1,434.511,635.672,170.077,322.131,309.691,305.471,554.515,992.261,365.862,004.452,867.989,503.783,502.763,752.294,011.6215,526.194,548.384,757.614,893.8719,301.935,262.835,398.035,762.4022,061.826,366.846,604.835,694.1126,065.418,143.89
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-265.22-265.220.00
Profit before tax1,434.511,635.672,170.077,322.131,309.691,305.471,554.515,992.261,365.862,004.452,867.989,503.783,502.763,752.294,011.6215,526.194,548.384,757.614,893.8719,301.935,262.835,398.035,762.4022,061.826,366.846,604.835,428.8925,800.198,143.89
Current tax480.41574.10571.352,205.25753.03618.8286.761,660.26618.45444.05628.492,497.45905.67981.271,045.793,998.181,269.531,190.001,237.694,957.721,560.591,330.201,470.065,389.741,857.771,550.831,724.386,874.162,442.67
Deferred tax30.632.01-15.39-146.88-405.66-278.23321.77-87.82-255.0379.41114.20-21.900.84-9.63-7.1121.99-155.2116.9618.88-99.32-207.2257.54-12.83-89.59-255.48109.54-359.29-389.87-374.27
Total tax expense511.04576.11555.962,058.37347.37340.59408.531,572.44363.42523.46742.692,475.55906.51971.641,038.684,020.171,114.321,206.961,256.574,858.401,353.371,387.741,457.235,300.151,602.291,660.371,365.096,484.292,068.40
Profit from continuing operations923.471,059.561,614.115,263.76962.32964.881,145.984,419.821,002.441,480.992,125.297,028.232,596.252,780.652,972.9411,506.023,434.063,550.653,637.3014,443.533,909.464,010.294,305.1716,761.674,764.554,944.464,063.8019,315.906,075.49
Profit from discontinued operations, after tax0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Share of profit of associates and joint ventures0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.061.672.830.151.657.642.523.453.0217.810.743.302.2116.465.11
Profit for the period923.471,059.561,614.115,263.76962.32964.881,145.984,419.821,002.441,480.992,125.297,028.232,596.252,780.652,973.0011,507.693,436.893,550.803,638.9514,451.173,911.984,013.744,308.1916,779.484,765.294,947.764,066.0119,332.366,080.60
attributable to owners of the parent—0.00—0.00—0.000.000.00—0.000.007,028.23—2,780.650.000.003,436.893,550.803,638.9514,451.173,955.283,999.734,246.5416,637.824,699.614,875.363,977.8519,017.395,985.75
attributable to non-controlling interests—0.00—0.00—0.000.000.00—0.000.000.00—0.000.000.000.000.000.000.000.0014.0161.65141.6665.6872.4088.16314.9794.85
Other comprehensive income, net of tax-0.6616.304.01-115.26-53.64-13.1043.04-57.01-8.5910.17-3.6334.27-62.8517.5743.70-22.8431.8822.1719.4889.5443.30-9.3086.28-67.0688.52-195.1327.83-60.52189.38
Total comprehensive income922.811,075.861,618.125,148.50908.68951.781,189.024,362.81993.851,491.162,121.667,062.502,533.402,798.223,016.7011,484.853,468.773,572.973,658.4314,540.713,955.284,004.444,394.4716,712.424,853.814,752.634,093.8419,271.846,269.98
Property, plant and equipment—————————————1,473.15—1,676.57—1,913.73—2,358.32—2,439.08—2,688.89—2,665.37—2,851.06—
Capital work-in-progress—————————————14.22—14.60—15.25—25.35—29.46—26.74—33.39—61.83—
Investment property—————————————0.00—0.00—0.00—0.00—0.00—0.00—0.00———
Goodwill—————————————3.27—3.27—3.27—3.27—3.27—3.27—3.27—3.27—
Other intangible assets—————————————416.00—627.78—661.76—888.31—880.61—1,088.01—977.83—1,092.23—
Intangible assets under development—————————————102.48—65.24—107.56—18.11—100.27—14.55—105.27—57.58—
Biological assets other than bearer plants———————————————0.00—————————————
Deferred tax assets, net—————————————973.84—937.09—1,066.68—1,017.43—1,168.88—1,141.20—1,328.91—1,560.07—
Inventories—————————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Trade receivables———952.49—1,527.44—1,107.24—1,337.46—1,265.89—1,564.06———1,649.87—1,733.49—1,454.88—1,913.11—1,631.26—1,908.08—
Cash and cash equivalents—————————————1,232.30—1,550.75—3,849.20—4,034.51—4,604.91—3,642.46—1,681.40—1,896.90—
Bank balances other than cash equivalents—————————————644.25—2,753.77—3,702.59—6,589.50—7,754.88—9,901.08—10,319.32—13,858.42—
Current tax assets, net———216.72—153.70—159.77—168.14—168.30—163.06———201.43—290.92—575.13—480.77—273.07—229.59—
TOTAL ASSETS—————————————235,722.54—275,228.67—321,917.03—375,741.62—420,655.76—466,126.83—509,960.76—559,952.36—
Equity share capital—————————————120.82—120.89—121.06—123.60—123.73—124.17—621.51—621.79—
Other equity—————————————47,922.16—54,251.09—59,753.42—76,571.75—86,679.13—96,568.70—102,591.96—113,377.23—
Equity attributable to owners of the parent—————————————48,042.98—54,371.98———————96,692.87—103,213.47—113,999.02—
Non-controlling interests—————————————0.00—0.00———————2,244.02—2,384.90—2,986.52—
Total equity—————————————48,042.98—54,371.98—59,874.48—76,695.35—88,916.23—98,936.89—105,598.37—116,985.54—
Deferred tax liabilities, net—————————————0.00—0.00—0.00—0.00—0.00—0.00—0.00———
Current tax liabilities, net—————————————506.04—139.21—614.17—108.64—1,241.62—100.63—948.17—260.24—
Total liabilities—————————————187,679.56—220,856.69———————367,189.94—404,362.39—442,966.82—
TOTAL EQUITY AND LIABILITIES—————————————235,722.54—275,228.67—321,917.03—375,741.62—420,655.76—466,126.83—509,960.76—559,952.36—
Depreciation and amortisation—————————183.55—384.57—232.28—485.38—314.61—683.32—409.85—880.99—509.55—1,008.98—
Finance costs—————————4,651.11—9,748.24—5,616.50—12,559.89—8,639.58—18,724.69—11,833.18—24,770.79—13,928.97—28,665.95—
Interest income—————————12,641.56—27,269.76—16,429.89—35,550.19—22,555.10—48,306.60—29,036.20—61,163.55—34,940.61—72,776.01—
Dividend income—————————0.00—0.00—0.00—0.00—0.00—0.00—1.22—1.28—1.14—1.14—
Fair value gains / losses—————————-167.84—-327.74—-130.21—-334.32—-161.48—-308.29—-251.74—-539.03—-320.06—-471.24—
Impairment loss / reversal—————————3,050.66—4,803.40—1,489.34—3,189.65—2,072.34—4,630.70—3,593.76—7,966.03—4,388.96—10,281.50—
Share-based payments—————————79.35—161.03—106.73—224.41—121.43—268.23—200.11—393.98—224.80—439.60—
Unrealised foreign exchange losses / gains—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Undistributed profits of associates—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Provisions, current—————————47.19—22.70—74.26—75.83—108.29—89.81—94.52—67.31—6.25—250.99—
Provisions, non-current—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Other non-cash items—————————-25.28—-50.12—-15.00—-48.02—-25.53—-50.76—-261.19—-543.67—-290.08—-462.83—
Other items whose cash effects are investing or financing—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Other adjustments to reconcile profit—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Total adjustments to reconcile profit—————————-23,209.19—-62,676.64—-33,504.55—-75,723.00—-58,879.85—-115,863.18—-60,051.82—-122,405.76—-63,803.43—-132,575.03—
(Increase) / decrease in inventories—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
(Increase) / decrease in trade receivables, current—————————-17,567.20—-50,567.31—-23,842.12—-54,505.52—-45,912.41—-88,645.02—-44,684.47—-90,194.56—-49,844.50—-103,846.30—
(Increase) / decrease in trade receivables, non-current—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
(Increase) / decrease in other current assets—————————-50.50—-23.48—-43.67—47.16—-172.13—-33.60—-583.66—-1,545.86—2,954.79—6,246.34—
(Increase) / decrease in other non-current assets—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
(Increase) / decrease in other financial assets, current—————————0.00—-86.45—-383.62—96.58—-936.32—-306.33—-651.60—531.57—3.65—736.52—
(Increase) / decrease in other financial assets, non-current—————————-1,364.13—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
(Increase) / decrease in other bank balances—————————0.00—0.00—-342.01—-2,441.80—-944.77—-3,589.13—-1,195.49—-3,095.95—-556.43—-4,124.26—
Increase / (decrease) in trade payables, current—————————435.06—286.12—372.25—292.93—461.32—611.91—758.54—-186.00—176.18—226.49—
Increase / (decrease) in trade payables, non-current—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Increase / (decrease) in other current liabilities—————————-19.05—127.95—-213.01—104.60—-106.12—242.56—-170.48—260.95—-108.62—526.20—
Increase / (decrease) in other non-current liabilities—————————0.00—114.21—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Increase / (decrease) in other financial liabilities, current—————————179.45—0.00—3.62—80.42—216.44—125.33—-105.73—-7.48—64.86—724.18—
Increase / (decrease) in other financial liabilities, non-current—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Cash generated from operations—————————-19,838.88—-53,172.86—-26,249.50—-60,196.81—-49,573.86—-96,561.25—-49,390.96—-100,343.94—-50,831.76—-106,774.84—
Dividends received (operating)—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Interest paid (operating)—————————4,376.10—8,961.18—6,559.23—13,112.46—7,212.67—17,044.04—9,892.94—22,421.35—11,782.05—25,946.79—
Interest received (operating)—————————12,814.43—27,605.27—16,803.23—35,034.46—21,798.38—45,853.53—28,813.49—60,530.14—35,314.98—73,341.29—
Income taxes paid, net of refunds—————————1,021.57—2,586.10—1,475.70—3,972.18—2,004.56—5,097.99—2,404.85—5,947.90—2,352.42—6,460.85—
NET CASH FROM OPERATING ACTIVITIES—————————-12,380.77—-37,028.62—-17,435.42—-42,140.40—-36,944.20—-72,760.14—-32,833.04—-68,154.47—-29,585.15—-65,789.80—
Purchase of property, plant and equipment—————————124.88—375.55—219.79—482.85—264.45—603.62—262.87—584.06—225.93—560.03—
Proceeds from sale of property, plant and equipment—————————35.63—19.14—8.35—19.81—22.27—38.89—0.00—36.39—34.74—65.25—
Purchase of intangible assets—————————16.30—258.62—135.53—395.47—177.51—434.16—207.93—497.76—150.25—401.07—
Proceeds from sale of intangible assets—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Purchase of intangible assets under development—————————54.06—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Purchase of investment property—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Proceeds from sale of investment property—————————0.00—0.00—0.00—0.00—0.00—0.00—19.30—0.00—0.00—0.00—
Purchase of other long-term assets—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Proceeds from sale of other long-term assets—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Acquisition of subsidiaries and businesses—————————0.00—0.00—0.00—92.74—0.00—0.00—0.00—0.00—0.00—0.00—
Disposal of subsidiaries and businesses—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Purchase of equity and debt instruments of other entities—————————0.00—0.00—150,650.20—318,410.18—75,848.31—141,562.62—25,025.92—47,899.44—47,147.16—104,479.85—
Sale of equity and debt instruments of other entities—————————0.00—0.00—148,430.81—308,360.81—78,405.32—134,446.34—25,645.49—46,178.57—44,957.53—101,985.93—
Purchase of interests in joint ventures—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Sale of interests in joint ventures—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Loans and advances made to other parties—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Repayment of loans and advances by other parties—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Payments for futures, forwards, options and swaps—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Receipts from futures, forwards, options and swaps—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Interest received (investing)—————————126.74—400.58—269.44—635.37—363.37—943.99—0.00—0.00—0.00—0.00—
Dividends received (investing)—————————0.00—0.00—0.00—0.00—0.00—0.00—1.22—1.28—1.14—1.14—
Income taxes paid (investing)—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Government grants received—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
NET CASH FROM INVESTING ACTIVITIES—————————1,385.50—6,346.84—-2,296.92—-10,365.25—2,500.69—-7,171.18—169.29—-2,765.02—-2,529.93—-3,388.63—
Proceeds from issue of shares—————————119.31—172.90—99.21—158.01—154.73—9,032.62—161.37—1,251.32—308.48—435.26—
Proceeds from other equity instruments—————————0.00—0.00—0.00—0.00—0.00—297.21—0.00—0.00—0.00—0.00—
Proceeds from exercise of stock options—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Payments to acquire or redeem own shares—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Payments on other equity instruments—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Proceeds from changes in ownership of subsidiaries—————————0.00—0.00—0.00—0.00—0.00—0.00—6,510.68—6,460.50—0.00—1,380.22—
Payments for changes in ownership of subsidiaries—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Proceeds from debentures, notes and bonds—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Proceeds from borrowings—————————0.00—45,880.74—37,111.78—88,340.90—53,043.58—109,449.74—61,936.13—104,281.99—58,173.13—125,221.45—
Repayment of borrowings—————————201.29—17,889.57—18,347.62—36,473.64—14,562.66—34,375.91—33,043.12—39,026.56—24,735.33—55,884.92—
Payment of lease liabilities—————————51.30—105.89—0.00—0.00—0.00—174.00—0.00—214.57—116.44—242.53—
Payment of finance lease liabilities—————————0.00—0.00—73.26—143.45—78.86—0.00—105.52———————
Dividends paid—————————602.41—602.63—1,206.91—1,206.86—1,814.83—1,814.58—2,225.39—2,225.24—3,475.82—3,476.61—
Interest paid (financing)—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
Income taxes paid (financing)—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
NET CASH FROM FINANCING ACTIVITIES—————————12,526.45—32,239.62—17,583.20—50,674.96—36,741.96—82,415.08—33,234.15—70,527.44—30,154.02—67,432.87—
Net change in cash before exchange differences—————————1,531.18—1,557.84—-2,149.14—-1,830.69—2,298.45—2,483.76—570.40—-392.05—-1,961.06—-1,745.56—
Effect of exchange rate changes on cash—————————0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—0.00—
NET CHANGE IN CASH AND CASH EQUIVALENTS—————————1,531.18—1,557.84—-2,149.14—-1,830.69—2,298.45—2,483.76—570.40—-392.05—-1,961.06—-1,745.56—
Closing cash and cash equivalents per cash flow statement———————————3,381.44—1,232.30—————4,034.51———3,642.46—1,681.40—1,896.90—
Basic earnings per share16.0318.3827.3289.7716.0416.0719.0873.5816.6624.5835.26116.6443.0246.0549.20190.5356.8358.6759.42236.8963.2864.6668.63268.947.577.856.4030.609.62
Diluted earnings per share15.9018.2427.1289.0715.9315.9818.9473.0016.5424.4235.02115.7942.7845.8148.96189.5756.6058.4559.20235.9863.1164.5068.47268.207.557.836.3830.519.60
Face value per share2.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.001.001.001.001.001.00
Share price at period end216.80264.52423.48221.58283.10327.86529.52514.98601.59766.81697.73725.99540.05733.58657.52561.67716.06781.08732.78724.53711.55770.30682.30894.56936.50998.90986.80801.551,004.75
Shares outstanding6,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.006,362,421,050.00
Promoter and promoter group, %——————————56.0355.8655.8655.8655.9155.9155.8755.8754.7854.6954.7054.7054.7054.7354.7354.6654.7054.7054.67
Foreign institutions, %—————————————20.5019.8619.1720.0920.4120.9220.5621.0920.8120.7921.4621.7121.9721.5021.3320.21
of which foreign portfolio investors, % (pre-2025 taxonomy)——————————0.000.000.000.000.000.000.000.000.000.000.000.000.000.00—————
of which foreign portfolio investors category I, % (2025 taxonomy)————————————————————————18.3918.5218.4218.2917.93
Domestic institutions, %—————————————12.1612.4412.9912.9013.1214.0914.4114.3115.0915.1714.8714.5914.4714.9415.1816.40
of which mutual funds, %——————————7.438.088.408.729.159.269.159.109.839.569.159.509.529.008.898.899.098.769.63
of which insurance companies, %——————————0.981.291.352.342.222.642.592.872.943.563.854.324.624.784.564.284.244.564.81
Non-institutions, %——————————10.9111.1511.8411.2611.6011.7611.0110.5110.1710.199.839.359.308.848.938.778.768.718.64
Public, %——————————43.8743.7843.8443.9243.9043.9244.0044.0345.1745.1545.2245.2545.2745.1745.2445.2245.2145.2245.24
Total shares, as filed——————————603,594,345.00605,429,233.00605,429,233.00605,429,233.00605,429,233.00605,429,233.00605,918,538.00605,918,538.00618,023,077.00618,996,320.00618,996,320.00618,996,320.00618,996,470.00621,428,652.006,214,286,520.006,222,481,865.006,222,481,865.006,222,481,865.006,225,954,304.00
Claims agreeing within 2%————————————————————————0.00————
Claims within 10%————————————————————————0.00————
Claims diverging————————————————————————1.00————
Adjusted, non-statutory measures quoted————————————————————————0.00————
Segment or subset claims————————————————————————0.00————
Forward-looking statements carrying a number—————————————————4.00——2.00———1.001.00—9.003.00
Guidance raised—————————————————0.00——0.00———0.000.00—0.000.00
Guidance lowered or narrowed—————————————————0.00——0.00———0.001.00—0.000.00
Guidance maintained—————————————————0.00——1.00———0.000.00—0.000.00
One-time, exceptional or non-recurring items called out—————————————————2.00——5.00———0.000.00—0.000.00
Confidence ratio (confidence words / confidence + caution words)—————————————————0.50——0.80———0.560.91—0.690.75
Operating margin guided low—————————————————25.00———————————
Operating margin guided high—————————————————25.00———————————

Earnings calls

0 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 0 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202410252023-09-30yes
TRANSCRIPT202407272024-06-30yes
TRANSCRIPT202507282025-06-30yes
TRANSCRIPT202511132025-09-30yes
TRANSCRIPT202605042026-03-31yes
TRANSCRIPT202608042026-06-30yes

Model workbook

Download BAJFINANCE_model_v2.xlsx — 2274 sourced cells each with a Provenance row (doc_id, sha256, element, contextRef, period, value as filed, locator), 3019 formula cells; SHA-256 a4e02b5b94f3ded7…

Commentary — cross-call tabulation

QuarterThemeManagement sentencesAnalyst sentencesManagement share
Q1FY25AI and technology100.0034
Q1FY25Capex and capacity100.0034
Q1FY25Capital allocation010.0
Q1FY25Competition900.0307
Q1FY25Credit quality8100.0273
Q1FY25Currency and macro000.0
Q1FY25Demand and volumes130.0034
Q1FY25Deposits and liquidity100.0034
Q1FY25Distribution and persistency200.0068
Q1FY25Margins and costs1090.0341
Q1FY25People and attrition000.0
Q1FY25Pricing and realisation220.0068
Q1FY25Raw materials and input costs000.0
Q1FY25Regulation and policy860.0273
Q1FY26AI and technology210.0063
Q1FY26Capex and capacity100.0031
Q1FY26Capital allocation210.0063
Q1FY26Competition000.0
Q1FY26Credit quality330.0094
Q1FY26Currency and macro030.0
Q1FY26Demand and volumes600.0187
Q1FY26Deposits and liquidity720.0219
Q1FY26Distribution and persistency420.0125
Q1FY26Margins and costs920.0281
Q1FY26People and attrition100.0031
Q1FY26Pricing and realisation200.0063
Q1FY26Raw materials and input costs000.0
Q1FY26Regulation and policy1010.0312
Q1FY27AI and technology1190.0462
Q1FY27Capex and capacity300.0126
Q1FY27Capital allocation440.0168
Q1FY27Competition000.0
Q1FY27Credit quality270.0084
Q1FY27Currency and macro340.0126
Q1FY27Demand and volumes000.0
Q1FY27Deposits and liquidity230.0084
Q1FY27Distribution and persistency320.0126
Q1FY27Margins and costs16120.0672
Q1FY27People and attrition000.0
Q1FY27Pricing and realisation110.0042
Q1FY27Raw materials and input costs100.0042
Q1FY27Regulation and policy400.0168
Q2FY24AI and technology220.0074
Q2FY24Capex and capacity200.0074
Q2FY24Capital allocation200.0074
Q2FY24Competition000.0
Q2FY24Credit quality6100.0221
Q2FY24Currency and macro000.0
Q2FY24Demand and volumes220.0074
Q2FY24Deposits and liquidity210.0074
Q2FY24Distribution and persistency010.0
Q2FY24Margins and costs1380.048
Q2FY24People and attrition000.0
Q2FY24Pricing and realisation220.0074
Q2FY24Raw materials and input costs100.0037
Q2FY24Regulation and policy310.0111
Q2FY26AI and technology400.0132
Q2FY26Capex and capacity310.0099
Q2FY26Capital allocation010.0
Q2FY26Competition100.0033
Q2FY26Credit quality1360.043
Q2FY26Currency and macro200.0066
Q2FY26Demand and volumes210.0066
Q2FY26Deposits and liquidity100.0033
Q2FY26Distribution and persistency100.0033
Q2FY26Margins and costs16100.053
Q2FY26People and attrition000.0
Q2FY26Pricing and realisation400.0132
Q2FY26Raw materials and input costs100.0033
Q2FY26Regulation and policy110.0033
Q4FY26AI and technology940.0407
Q4FY26Capex and capacity530.0226
Q4FY26Capital allocation010.0
Q4FY26Competition400.0181
Q4FY26Credit quality640.0271
Q4FY26Currency and macro300.0136
Q4FY26Demand and volumes100.0045
Q4FY26Deposits and liquidity000.0
Q4FY26Distribution and persistency000.0
Q4FY26Margins and costs1290.0543
Q4FY26People and attrition600.0271
Q4FY26Pricing and realisation100.0045
Q4FY26Raw materials and input costs100.0045
Q4FY26Regulation and policy120.0045

Guidance items

quartermetricdirectionsentencepage
Q1FY25othernanFor the year, we projected to be between 1.75 and 1.85% and we expect improvement in H2 of the current year.3
Q1FY25othernanHowever, that doesn't change the guidance for the year.9
Q1FY25otherMAINTAINEDWe continue to maintain the same guidance at this stage.9
Q1FY25othernanSo, Dhaval, as we have guided, the full year growth to be in the region of 26 to 28%.12
Q1FY25loan / AUM growthnanThat's point number one in terms of the outlook for the current year and I would say 2.2, 2.3x of bank credit growth is really where you should pencil in the nu12
Q1FY25revenue growthnanSo we remain well anchored on long-term growth guidance.12
Q1FY25othernanWe'll publish next quarter onwards the benchmark number.16
Q2FY24marginnanSo, operating efficiency will be in the dimension that we would like to explore in FY26 and beyond that I think Rajeev did make a point saying that pre- provisi8
Q2FY24othernanThat's really what our forecast is at least for the next I would say next fiscal and then we will take it forward from there.8
Q2FY24othernanWe remain guided9
Q2FY24othernanAnd they should swing from loss to start to breakeven/generating profit as we get into the next fiscal.10
Q2FY24othernanBut if we just to reinforce the point, it's possible that as if we exited a 12%-14% growth on a year-on-year basis then next year could start to grow between 2310
Q2FY24marginnanAnd Kunal I will reiterate the point that I made, which I said earlier that if the PPOP is 25% then we have sufficient margin in the P&L for us to sustain any k13
Q2FY24credit cost / asset qualitynanLet's say for a moment given our diversity of businesses and the number on a full year basis comes in at 205, even let's say worst case 210 basis points that's 13
Q1FY26othernanThe NRC and the Board have extensively discussed this matter and have provided necessary guidance.8
Q1FY26net interest marginnanWe have given a guidance on flat NIM for the current year.9
Q1FY26net interest marginnanAnd given the trajectory of rate cuts that we're seeing from RBI, we did comment that there could be a 5 to 10 basis point of positive bias on the NIM number.9
Q1FY26othernanSo I think on the fee income side, we have guided for 13% to 15% for the current year.9
Q1FY26volumenanSo that's why the volume movement is a little better, otherwise to the point Sandeep is making, overall guidance for 14 - 15.9
Q1FY26othernanBut you guys are used to guidance now on decimal.17
Q1FY26othernanAnd that's why I said, this is likely to grow probably single-digit.20
Q1FY26othernanWe'll also have greater -- right now, as Sandeep likes to say, it's not guidance, it's assessment.21
Q1FY26othernanI think we've discussed MSME as a next year frontier today, quite a lot -- so it's not that amplified to be given that much time.23
Q2FY26credit cost / asset qualitynanWe expect full year credit cost to be at the upper end of guided range of 1.85% to 1.95% now.3
Q2FY26othernanWe are just the guidance reduction to contribution of these businesses, and their slower growth is meaningfully being made up by other lines of businesses, Kuna7
Q2FY26othernanSo do we expect that the pain in the industry has peaked out or it is plateauing?8
Q2FY26credit cost / asset qualitynanWe've also provided guidance in terms of growth, credit cost and so on and so forth.11
Q2FY26credit cost / asset qualitynanAnd as Sandeep said, it's not changing the overall credit cost guidance in any given manner.11
Q2FY26othernanSo we are not giving an absolute guidance at this point in time, Ashish.14
Q2FY26credit cost / asset qualitynanIf the trajectory that we are seeing today should continue for the next year, we should definitely see a significant improvement in the credit cost ratio.14
Q2FY26othernanThat will also become very, very insignificant as we get into next year.14
Q2FY26credit cost / asset qualitynanThat again will provide, I would say, tailwind to the overall credit cost number for the next year.14
Q2FY26othernanHopefully, as we get into next year, God willing, we should definitely see improvement out there as well.14
Q2FY26otherLOWEREDAnd my hunch would be that while the range currently is 185 to 195 for the current year, and we are inching towards probably the upper end of the range for the 14
Q2FY26othernanWe believe that itself will provide a massive tailwind to FY '27 guidance.14
Q2FY26othernanBut we'll give their guidance sometime in quarter 4 slash quarter 1 of next year.14
Q2FY26othernanBenefit will flow in next year, not in the current year.15
Q2FY26othernanIt should be between INR 27,000 crores to INR 30,000 crores business by March '27.16
Q2FY26othernanNo, but we had also guided that in the current year...17
Q2FY26othernanWe are guided for the full year that between the NII and NTI, the entire fee revenue pool that we generate, combination of the fees and charges, plus sale on as17
Q2FY26othernanI think so far, we are holding up to the guidance, and that's how the numbers are speaking about itself.17
Q2FY26othernanThat's the share of wallet of the customer that we would like to target over the medium term.18
Q4FY26othernanI expect to take between 20 to 25-odd minutes.3
Q4FY26othernanSo I think what Rajeev is trying to say is some level of conservatism in terms of doing the number crunching and giving a guidance of 145 to 160 has been done.9
Q4FY26othernanROE guidance of 20 to 22 last 6 years, adjusted for COVID speaks for themselves and during this period, as you can see from a balance sheet standpoint, the bala10
Q4FY26othernanAnd just to help you with the math on 4.6%, the guidance metric for the next year on ROA.10
Q4FY26othernanAnd the guidance that we are giving for next year is 4.4% to 4.6%.10
Q4FY26capexnanI don't think that there will be a need for NIM expansion in the next year to be able to deliver that.10
Q4FY26othernanWe have to ensure that we grow nicely, which is where the 22% to 24% guidance has been given.10
Q4FY26othernanSo that's going to be the agenda for next year as well.11
Q4FY26othernanThese 2 business, one, the impact of captive dial down will be much, much lesser in the next year.11
Q4FY26othernanBut given that we are taking a growth stance in that business of doubling down on our branch presence in that business in the next year, we are reasonably hopef11
Q4FY26othernanAll goes well, which should start to look towards 5% kind of number in the next year as well.11
Q4FY26othernanBut as I mentioned, the guidance next year is based on stabilized -- stable environment and geopolitical environment and macro stability.12
Q4FY26othernanAs I shared as part of our annual investor outlook, the 5-year outlook that business by business, the 120 million franchise, principally has very high wallet sh12
Q4FY26loan / AUM growthnanAs regard the profit growth for the next year, 22% to 24% growth in AUM should lead to a little better growth in profitability because if we are supposed to del15
Q4FY26othernanI would just make a point, Shubhranshu, we have tailwinds subject to geopolitical stability, we should be in good place.16
Q4FY26othernanI think the long-term guidance that we give at this point in time is between 22% and 24%, 25% kind of corridor.16
Q4FY26othernanAnd based on the current performance that we have delivered and the momentum that we see across businesses, we are reasonably confident that 20% to 24% should b16
Q4FY26othernanFor the next year, 22% and 24%, and then build on top of it in the future.16
Q4FY26othernanI would say, given our relative market share, not our absolute size, given our relative market share, we should be as a firm aspiring to grow 2x of what the sys16
Q4FY26othernanThat boom we leveraged by principally expanding lines of businesses, expanding locations very rapidly, investing very deep in digital transformation, these 3, e18
Q4FY26othernanYou know, good times lead to what I would call, and I'm being as objective and fair doing my performance assessment of last 5 and pre-COVID, lead to some level 18
Q4FY26othernanWe think that we should be from here on in a lot more cruise mode.18
Q1FY27othernanI expect to take about 15-odd minutes.3
Q1FY27othernanAll engines are firing for the firm, even MSME should be back.8
Q1FY27loan / AUM growthnanIf you look at quarter 1, logically, but I would wait for second quarter, whether it's top line, which is AUM or PBT growth or ROA or ROE, it does seem we are m8
Q1FY27othernanGive us one more quarter we will provide greater clarity on guidance for the year and direction of overlay creation.8
Q1FY27othernanWhatever Sandeep has guided for or what we've said, I think that moderation 10 - 15 basis points is what we foresee at this juncture, give us a quarter.14
Q1FY27othernanI can change the guidance today.14
Q1FY27othernanBut we continue to register very good growth in terms of smartphones in the range of approximately 20% to 23%.18
Q1FY27othernanIs now 63%, and it used to be in the range of close to about 60%.20

Claims reconciled to filings

QuarterMetricClaimedKindAnchorAnchor valueVerdictSource
Q1FY26profit after tax6,100 croresmoneyPROFIT_AFTER_TAX47652900000.0DIVERGESDate_20250728_Bajaj Finance Lt p6