On Tuesday, Bajaj Finance shares experienced a dip ahead of the eagerly anticipated Q4 financial results, scheduled for release today. The stock initially opened at ₹9,149.70 but later fell by 1.44%, reaching ₹8,960.80 on the Bombay Stock Exchange (BSE). Investors are keen to see how the company’s earnings for the fourth quarter of FY25, set to be announced on April 29, will unfold, alongside discussions about a potential special dividend, stock split, and bonus share issuance.
Anticipated Earnings Performance
Bajaj Finance, a prominent player in the non-banking financial company (NBFC) sector, is predicted to showcase robust earnings for the quarter ending March 2025. Analysts anticipate that the company will benefit from:
- Strong loan growth
- Stable credit costs
- Enhanced asset quality
Net Profit Projections
The financial outlook for Bajaj Finance is optimistic, with a projected 18.1% increase in net profit, rising to ₹4,518 crore compared to ₹3,825 crore during the same quarter last year. Additionally, net interest income (NII) is anticipated to climb 23%, reaching ₹9,814 crore, bolstered by significant loan book expansion.
Key Financial Metrics
- Net Profit: Expected to grow to ₹4,518 crore (up 18.1% YoY)
- Net Interest Income: Projected at ₹9,814 crore (up 23% YoY)
- Margins: Forecasted to contract by 5 basis points to 9.65%
- Credit Costs: Expected to decrease by 5 basis points to 2.05%
Should Investors Consider Buying Bajaj Finance Shares?
Year-to-date, Bajaj Finance shares have surged over 21%, with a remarkable 30% increase in the past year and an impressive 113% return over the last five years.
Market Analysis
Analysts remain bullish on Bajaj Finance’s stock, noting that it has recently broken out after a four-year consolidation phase. Ruchit Jain, Vice President of Equity Technical Research at Motilal Oswal Financial Services, suggests that the prevailing trend is favorable, encouraging a "buy on dips" strategy. He notes a solid support level between ₹8,600 and ₹8,700, with potential targets of ₹9,600 to ₹9,700.
As of 10:15 AM, Bajaj Finance shares were trading 0.86% lower at ₹9,013.50. Investors and analysts alike are poised for today’s financial announcement, eager to see if the company meets or exceeds expectations.
For those considering investment in Bajaj Finance, it’s essential to stay updated on these developments and market trends.
