Bajaj Allianz Corporate Update
Q1 FY24 Highlights
BAJAJ FINSERV#
Total Revenue
B FINSERV
BAJAJ
B
FINSERV
BAJAJ
All Figures in Rs. Crore
Highlights of Group Companies
Q1 FY24
Q1 FY23 Growth
BAJAJ FINANCE#
Q1 FY24
Q1 FY23
Growth
23,280
15,888
47%
AUM
2,70,097
2,04,018
32%
Net worth
PAT
#Consolidated | Ind AS
48,963
40,638
20%
Total Income
12,501
9,286
35%
1,943
1,309
PAT
48%
3,437
2,596
32%
PPOP^
5,546
4,258
30%
Consoldiated Profit Components*
BAGIC
Q1 FY24
Q1 FY23
Growth
GWP
3,834
3,119
23%
Investments
28,611
5%
22%
2%
13%
12%
25,362
13%
7%
12%
PAT
415
411
1%
Combined Ratio
100.7%
104.6%
3.9%abs.
104%
94%
93%
81%
BALIC
Q1 FY24
Q1 FY23
Growth
GWP
4,058
4,369
-7%
-8%
-9%
-13%
-12%
-4%
GWP excl Grp Fund
3,694
3,030
22%
Investments
95,317
83,072
15%
2021-22
2022-23
Q1 FY23
Q1 FY24
PAT
155
124
25%
BFL BAGIC BALIC Others*
NBV & NBM **
94 | 7%
135 | 11%
-30%|-3%abs.
BAGIC and BALIC figures are as per IRDAI Regulations (Indian GAAP) & the Indian Accounting Standard framework is used only for consolidated numbers
** NBV - Net New Business Value, NBM - Net New Business Margin, *Others includes Bajaj Finserv Standalone, and all remaining components
^ - Pre-Provision Operating Profit Before Tax
Bajaj Finserv and Bajaj Finance figures are as per Ind AS
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