LRS 2023-27 Execution Plan
Lead financial indicators
BAJAJ FINANCE LIMITED
22. Total employee headcount stood at 40,708 (BFL, BHFL and BFSL) as of 31 December 2022.
23. During the quarter, the Company acquired approximately 41.5% stake (on fully diluted basis) in Snapwork Technologies
Private Limited for 92.74 crore with an intent of strengthening its technology roadmap.
Bajaj Housing Finance Limited (BHFL)
24. AUM was up 33% at ₹ 65,581 crore as against 49,203 crore as of 31 December 2021. Home Loans AUM grew by 31%,
Loan against property grew by 16%, Lease Rental Discounting grew by 59% and Developer Finance grew by 69%.
25. In Q3, overall approvals grew by 14%. Approvals were ₹ 14,514 crore in Q3 FY23 as against 12,679 crore in Q3 FY22.
26. In Q3, disbursements were 7,429 crore as against 7,946 crore in Q3 FY22, recording a de-growth of 6.5%.
27. Geographic presence stood at 158 locations.
28. Portfolio composition for HL: LAP: LRD: DF: Rural Others stood at 61% 10% 15% 7% 4% 3% as of 31 December
2022. Home loan continues to be a key focus area.
29. In Q3, cost of funds increased by 49 bps to 7.12%. Liquidity buffer stood at 4,203 crore as of 31 December 2022.
30. Borrowing mix between Banks : Money market: Assignment: ICD stood at 51% : 35%: 13% : 1% as of 31 December 2022.
31. Capital adequacy ratio stood at 23.00% as of 31 December 2022. Tier-1 capital was 22.25%.
32. BHFL post tax profit grew by 81% to 334 crore in Q3 FY23 as compared to 185 crore in Q3 FY22.
33. In Q3, Opex to NII stood at 24.5% as against 28.7% in Q3 FY22.
34. In Q3, loan losses and provisions were
macro-economic overlay provision of
30 crore as against 56 crore in Q3 FY22. BHFL holds a management and
242 crore as of 31 December 2022.
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