Bajaj Finance Limited Pitch Deck
Lead financial indicators
BAJAJ FINANCE LIMITED
10. Deposits book grew by 19% YOY to $ 4,107 MM as of 31 March 2022. Its contribution to consolidated borrowings stood at
19% as of 31 March 2022. The Company has created a deposits V2 plan to grow deposits book significantly over the next 3
years.
11. In Q4, Opex to NII was 34.6%. The Company continues to invest in teams and technology for business transformation. Given
the deep investments being committed to Omnichannel strategy (geo-expansion, app platform, web platform), the
Company expects Opex to NII to remain elevated for FY23.
12. In Q4, loan losses and provisions were $ 94 MM. This includes an additional charge of $ 13 MM for one large B2B commercial
account. In Q4, loan loss to average receivables was 0.38%. On a quarterly basis this metric is now better than pre-covid
levels. The Company has a management overlay of $ 141 MM as of 31 March 2022.
13. In Q4, portfolio credit metrics and debt management efficiencies across products improved further and is better than pre-
covid levels across most businesses.
14. GNPA & NNPA stood at 1.60% and 0.68% as of 31 March 2022 as against 1.73% and 0.78% as of 31 December 2021. The
Company's GNPA and NNPA ratios are now better than pre-covid levels.
15. Overall stage 2 assets stood at $ 515 MM as of 31 March 2022 as against $ 707 MM as of 31 December 2021.
16. Overall stage 3 assets stood at $ 418 MM as of 31 March 2022 as against $ 414 MM as of 31 December 2021. This includes
one large B2B commercial account of $ 52 MM which has moved to Stage 3 in Q4 FY22.
17. The portfolio composition across Stage 1, Stage 2 and Stage 3 is now better than pre-covid metrics. Stage 1 is at 96.43%,
Stage 2 is at 1.97% and Stage 3 at 1.60% as against pre-covid Stage 1 of 95.83%, Stage 2 of 2.51% and Stage 3 of 1.65% as of
31 December 2019.
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