Q3 FY22 Earnings Report
14-years financial snapshot
BAJAJ FINANCE LIMITED
in crore
Financials snapshot
FY08 FY09 FY10
FY11
FY12
FY13 FY14 FY15 FY16 FY17
FY18°
(Consol.)
FY19° FY20°
(Consol.) (Consol.)
FY21°
(Consol.) (14 yrs)
CAGR
Assets under
Management
2,478 2,539 4,032
7,573 13,107
17,517 24,061 32,410 44,229 60,196 82,422 1,15,888 1,47,153 152,947 37%
Income from operations
503 599
916
1,406 2,172
Interest expenses
170
164
201
371
746
3,110 4,073 5,418 7,333
1.206 1,573 2,248 2.927
Net Interest
332
435
715
1,035
1,426
1,904 2.500
3,170
4,406
Income (NII)
9,989
3,803
6,186 8,143
12,757 18,500 26,386 26,683 36%
4,614 6,623 9.473 9,414 36%
Operating Expenses
193
220
320
460
670
850
1,151 1,428
1,898
Loan Losses &
109
164
261
205
154
182
258
385
543
2,564 3,270
804 1,030
Provision (ECL)
Profit before tax
30
51
134
370
602
872
1,091 1,357
1,965
Profit after tax
21
34
89
247
406
591
719
898
1,279
2,818
1,837
4,197
1,501
3,843 6,179
2,496 3,995 5,264
11,877 16,913 17.269 36%
5,662 5,308 29%
3,929 5.969
36%
7,322 5,992
4,420
50%
51%
Ratios
FY08 FY09 FY10
FY11
FY12
FY16
Opex to NII
Return on assets
Return on equity
Net NPA *
NPA provisioning coverage
CRAR (standalone)
Leverage ratio
58.1% 50.6% 44.8% 44.4%
0.7% 1.4% 2.8% 4.4%
2.0% 3.2% 8% 19.7%
7% 5.50% 2.20% 0.80%
30% 32% 55% 79%
40.7% 38.4% 25.9% 20.0%
2.6 2.5 3.8 5.9
6.2
FY13 FY14 FY15
FY17 FY18 FY19
47.0% 44.6% 46.0% 45.0% 43.1% 41.4% 40.2% 35.3% 33.5%
4.2% 4.1% 3.6% 3.3% 3.5% 3.7% 3.7% 4.2% 4.1% 3.1%
24.0% 21.9% 19.5% 20.4% 20.9% 21.6% 20.1% 22.5% 20.2% 12.8%
0.12% 0.19% 0.28% 0.45% 0.28% 0.44%
0.43% 0.63% 0.65% 0.75%
89% 83% 76% 71% 77% 74% 70% 60% 60% 58%
17.5% 21.9% 19.1% 18.0% 19.5% 20.3% 24.7% 20.7% 25.0%
6.4 5.3
6.8 6.3
FY20
FY21
30.7%
28.3%
6.6
5.4
6.3
5.1
4.7
© All figures till including FY17 are as per previous GAAP, whereas for FY18 onwards are as per IndAS
As per the RBI regulations, NNPA numbers for upto FY15 are at 6 months overdue, FY16 are at 5 months overdue, FY17 are at 4 months overdue and FY18 onwards are at 3 months overdue. Hence NPA
across periods are not comparable.
25View entire presentation