One of the top non-bank financial companies in India is Bajaj Finance Ltd. The business offers a wide range of financial goods and services, such as wealth management, small and medium-sized enterprise (SME) loans, consumer finance, and loans for businesses. The company has consistently displayed great growth and profitability, and Indian investors have found its shares to be a popular purchase.
It’s critical to have a thorough understanding of Bajaj Finance Ltd’s future prospects and potential share price increase if you intend to invest in the company. This article will examine the current performance of Bajaj Finance Ltd., examine potential future issues that could affect its share price, and offer a probable share price target for the years 2023 to 2030.
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BAJAJ FINANCE IN RECENT NEWS
- Bajaj Finance’s stock price surges after RBI decides to maintain status quo.
- Bajaj Finance witnesses a 20% YoY increase in new loan bookings and a 29% growth in its core assets under management (AUM) during Q4.
BAJAJ FINANCE SHARE PRICE TARGET 2023
|BAJAJ FINANCE SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
In April 2023, the share price is expected to be in the range of ₹4,563.23 to ₹5,932.20. The month of May 2023 is expected to have the lowest share price target of ₹3,802.69. In June 2023, the share price is expected to be similar to April, with the same range of ₹4,563.23 to ₹5,932.20. However, in July 2023, the share price target is expected to increase significantly to a range of ₹5,475.88 to ₹7,118.64. The upward trend is expected to continue in August 2023 with a share price target range of ₹6,023.46 to ₹7,830.50. In September 2023, the share price target is expected to be between ₹6,324.64 and ₹8,222.03. The share price target range for October 2023 is expected to be the same as August 2023. In November 2023, the share price is expected to increase to a range of ₹6,625.81 to ₹8,613.55. Finally, the highest expected share price target for 2023 is in December, with a range of ₹7,420.91 to ₹9,647.18.
BAJAJ FINANCE SHARE PRICE TARGET 2024
|BAJAJ FINANCE SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The maximum share price target for 2024 is expected to be ₹13,506.47 in December 2024, while the minimum share price target is expected to be ₹1,037.03 in January 2024. The share price target for February 2024 is expected to be in the range of ₹9,508.36 to ₹11,410.03. The share price target range for March 2024 is expected to be between ₹9,764.68 and ₹12,010.56. In April 2024, the share price target is expected to be between ₹8,398.99 and ₹10,918.69. In May 2024, the share price target is expected to be between ₹6,999.16 and ₹9,098.91. The share price target for June 2024 is expected to be similar to April, with a range of ₹8,398.99 to ₹10,918.69. In July 2024, the share price target is expected to be between ₹7,194.49 and ₹9,280.89. In August 2024, the share price target range is expected to be between ₹8,102.36 and ₹10,208.97. In September 2024, the share price target is expected to be in the range of ₹8,245.71 to ₹10,719.42. In October 2024, the share price target range is expected to be between ₹9,700.84 and ₹12,611.09. Finally, the share price target for November 2024 is expected to be in the range of ₹10,185.88 to ₹13,241.64.
BAJAJ FINANCE SHARE PRICE TARGET 2025
|BAJAJ FINANCE SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
In 2025, Bajaj Finance’s share price is expected to see a continued growth trend as indicated by the data. In January, the share price is expected to be at a maximum of ₹13,776.60 and a minimum of ₹10,597.39. The share price is expected to peak in November 2025, with a maximum price of ₹16,062.32 and a minimum price of ₹12,355.63. The maximum and minimum prices in December 2025 are estimated to be ₹16,383.56 and ₹12,602.74, respectively. The company’s performance during the first quarter of 2025 is expected to be relatively stable, with a maximum price of ₹15,226.77 and a minimum price of ₹11,712.90. In summary, the data indicates that Bajaj Finance’s share price target for 2025 is set to be on an upward trajectory with an expected growth rate of between 10-20%.
BAJAJ FINANCE SHARE PRICE TARGET 2026 TO 2030
|BAJAJ FINANCE SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
Looking at the projected trends for Bajaj Finance Ltd, the share price target for the year 2026 ranges from ₹11,468.50 to ₹8,027.95. However, investors should be aware that these numbers are subject to change based on market conditions and other external factors. Moving forward, the share price target for the year 2027 is estimated to be between ₹9,748.22 to ₹6,823.75. The year 2028 appears to have a higher projected share price target, ranging from ₹17,546.80 to ₹12,282.76. Moving ahead, the year 2029 shows a projected share price target of ₹36,043.84 to ₹25,230.69, and finally, the year 2030 shows a projected share price target of ₹40,139.73 to ₹28,097.81.
FINANCIAL STRENGTH OF BAJAJ FINANCE LTD (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Revenue Growth (%)||18.58||1.13||42.62||37.39||34.76|
|Total Expenses Growth (%)||6.99||8.54||54.72||31.50||30.59|
|Profit after Tax (PAT)||7,028.23||4,419.82||5,263.75||3,994.99||2,674.11|
|PAT Growth (%)||59.02||-16.03||31.76||49.40||45.62|
|Operating Profit Margin (%)||60.86||57.77||63.68||69.25||64.94|
|Net Profit Margin (%)||22.21||16.57||19.95||21.60||19.89|
|Basic EPS (₹)||116.64||73.58||89.77||69.33||47.54|
Bajaj Finance has shown steady growth in its revenue and profitability in the past five years. Its total revenue has steadily increased from ₹13,465.91 crores in FY 2018 to ₹31,640.41 crores in FY 2022, a growth rate of 134%. The company has also shown impressive profitability, with its profit after tax (PAT) increasing from ₹2,674.11 crores in FY 2018 to ₹7,028.23 crores in FY 2022, a growth rate of 163%. The company has consistently maintained a high operating profit margin of over 57% and a net profit margin of over 16%. Bajaj Finance’s Basic EPS has also increased from ₹47.54 in FY 2018 to ₹116.64 in FY 2022, indicating significant growth. Although the company’s total expenses have also increased, the percentage growth has been lower than its revenue growth, indicating a healthy profit and loss statement. Overall, Bajaj Finance has shown strong growth in its revenue and profit, with consistent percentage growth in the past five years.
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What is the maximum share price target of Bajaj Finance in 2026?
The maximum share price target of Bajaj Finance in 2026 is Rs. 11468.50
What is the maximum share price target of Bajaj Finance in 2027?
The maximum share price target of Bajaj Finance in 2027 is Rs. 9748.22
What is the maximum share price target of Bajaj Finance in 2028?
The maximum share price target of Bajaj Finance in 2028 is Rs. 17548.80
What is the maximum share price target of Bajaj Finance in 2029?
The maximum share price target of Bajaj Finance in 2029 is Rs. 36043.84
What is the maximum share price target of Bajaj Finance in 2030?
The maximum share price target of Bajaj Finance in 2030 is Rs. 40139.73
CONCLUSION: BAJAJ FINANCE LTD SHARE PRICE TARGET
According to Bajaj Finance’s financial disclosures for the previous five years, the company has consistently increased its revenue and profit. All of the years saw positive revenue growth percentages, with the biggest growth rates occurring in the fiscal year 2020. With the exception of FY 2021, the PAT has also increased each year with a positive growth rate. Over all the years, the profit growth rate has remained steadily strong. Also, the operational profit margin and net profit margin both typically exceed 50% and 15%, respectively, demonstrating the company’s sound financial situation.
With these elements, it can be said that investing in Bajaj Financial shares may be a wise decision. Investors should be aware of market risks and economic uncertainty, though.