Bajaj Finance Limited
Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and ...
Key Metrics
EPS
233.84
Current ratio
0.42
Debt/Equity
2.86
Debt/EBITDA
10.97
Interest coverage ratio
-
Operating Cashflow to total debt
-0.33
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Large, well-diversified NBFC
Strong capitalisation levels
Healthy earnings profile
Strategic importance to the ultimate holding company BHIL, and parent Bajaj Finserv
Liquidity: Superior
Cons
Sizeable exposure on risky asset classes
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About Bajaj Finance Limited bond.
This comprehensive profile covers key factual information about Bajaj Finance Limited. Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings. EPS in Mar-2024 was 233.84. Current ratio in Mar-2024 was 0.42. Debt/Equity in Mar-2024 was 2.86. Debt/EBITDA in Mar-2024 was 10.97. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.33. Total revenue for Mar-2025 (E) was ₹57,816.66. Net income for Mar-2025 (E) stood at ₹16,175.01. Total assets as of Mar-2024 were ₹375,741.62. Total liabilities as of Mar-2024 were ₹299046.27. Operating cash flow for Mar-2024 was ₹-72,760.14. The company’s borrowing relationships include HDFC Bank Limited (₹450.00 Cr), Bank of India (₹390.00 Cr), IDBI Bank Limited (₹350.00 Cr), State Bank of India (₹1000.00 Cr), Canara Bank (₹390.00 Cr), IDBI Bank Limited (₹500.00 Cr), HDFC Bank Limited (₹3000.00 Cr), HDFC Bank Limited (₹500.00 Cr), HDFC Bank Limited (₹700.00 Cr), State Bank of India (₹6500.00 Cr), Not Applicable (₹6720 Cr), ICICI Bank Limited (₹250.00 Cr), ICICI Bank Limited (₹250.00 Cr). Peers and comparison entities consist of Bajaj Finance Limited, Jio Financial Services Limited, Shriram Finance Limited, Bajaj Housing Finance Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Large, well-diversified NBFC; Strong capitalisation levels; Healthy earnings profile; Strategic importance to the ultimate holding company BHIL, and parent Bajaj Finserv; Liquidity: Superior. Key risks include: Sizeable exposure on risky asset classes. Leadership team details include Anami Roy (Director), Anup Saha (Deputy Managing Director), Arindam Bhattacharya (Director), Naushad Forbes (Director), Pramit Jhaveri (Director), R Vijay (Company Secretary & Compliance Officer), Radhika Haribhakti (Director), Rajeev Jain (Managing Director), Rajiv Bajaj (Director), Sandeep Jain (Chief Financial Officer), Sanjiv Bajaj (Chairman). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.