Executive Summary Q3 FY21
Financial statement summary - Bajaj Finance Limited
B
BAJAJ
FINSERV
in Crore
Financials snapshot
Q3 FY21
Q3 FY20
Y-o-Y
9 M FY21
9 M FY20
Y-o-Y
FY20
Assets under management
109,598
116,460
(6%)
109,598
116,460
(6%)
116,102
Assets under finance
107,056
113,601
(6%)
107,056
113,601
(6%)
113,417
Interest income
4,973
5,486
(9%)
15,141
15,052
1%
20,668
Fee and other income
745
709
5%
1,908
1,952
(2%)
2,706
Net gain on fair value changes on investment
129
121
7%
487
315
55%
460
Total Income
5,847
6,316
(7%)
17,536
17,319
1%
23,834
Interest expenses
1,870
2,051
(9%)
5,723
5,801
(1%)
7,857
Net Interest Income
3,977
4,265
(7%)
11,813
11,518
3%
15,977
Operating Expenses
1,310
1,449
(10%)
3,502
3,975
(12%)
5,364
Loan losses and provisions
1.245
817
52%
4,520
1,940
133%
3,805
ECL stage 1 & 2
(2,463)
198
(1344%)
229
445
(49%)
1,233
ECL stage 3 & write off
3,708
619
499%
4,291
1,495
187%
2,572
Profit before tax
1,422
1,999
(29%)
3,791
5,603
(32%)
6,808
Profit after tax
1,049
1,488
(30%)
2,795
3,990
(30%)
4,881
Ratios
Operating expense to Net Interest Income
32.9%
34.0%
29.6%
34.5%
33.6%
Loan loss to Average AUF*
1.19%
0.74%
4.10%
1.86%
3.65%
Return on Average Assets*
1.0%
1.3%
2.5%
3.8%
4.7%
Return on Average Equity*
* Not annualized
3.1%
5.6%
8.4%
15.5%
19.0%
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