Earnings Alerts

Bajaj Finserv (BJFIN) Earnings Soar 20% Y/Y: 4Q Net Income hits 21.2B Rupees

  • Bajaj Finserv’s net income for the 4th quarter stands at 21.2 billion rupees, indicating an increase of 20% when compared to the figures from the previous year.
  • The company’s 4th quarter revenue amounts to 320.4 billion rupees, a significant leap with an increase of 36% year on year.
  • For the 4th quarter, total costs of Bajaj Finserv are recorded at 265.2 billion rupees, marking an increase by 39% year on year.
  • The company has declared dividends per share to be 1 rupee.
  • The shares of Bajaj Finserv fell by 4% to 1,590 rupees, with a trading volume of 3.34 million shares.
  • As per current market consensus, the tally stands at 10 buys, 1 hold and 2 sells for Bajaj Finserv.
  • All comparisons are made with respect to the company’s original financial disclosures from the past.

A look at Bajaj Finserv Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts utilizing Smartkarma Smart Scores have assessed Bajaj Finserv’s long-term outlook based on key factors. With a strong focus on growth, the company has received a high score in this category, indicating positive prospects for expansion and development. Additionally, Bajaj Finserv’s value and momentum scores suggest a stable foundation and consistent performance in the market.

Bajaj Finserv, a company deeply rooted in the financial sector in India, has demonstrated resilience despite challenges. While its dividend score may not be as high as other factors, the overall outlook remains promising. With a diverse portfolio that includes life insurance, general insurance, and consumer finance, Bajaj Finserv aims to further enhance its offerings and solidify its position in the market, coupled with its ventures in wind-energy generation.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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