BAJAJ FINSERV Announces Quarterly Results (4QFY19); Net Profit Up 109.1%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

BAJAJ FINSERV Announces Quarterly Results (4QFY19); Net Profit Up 109.1%
Tue, 21 May

BAJAJ FINSERV has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

BAJAJ FINSERV Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m88,293111,411129,94116.6%47.2%
Other incomeRs m164-30.9%442.9%
TurnoverRs m88,294111,416129,94516.6%47.2%
ExpensesRs m59,68570,76289,10525.9%49.3%
Gross profitRs m24,32540,64940,8360.5%67.9%
DepreciationRs m29759971218.9%140.0%
InterestRs m12,16417,82018,8375.7%54.9%
Profit before taxRs m11,86522,23621,291-4.2%79.4%
TaxRs m5,0108,0326,961-13.3%38.9%
Profit after taxRs m6,85514,20314,3300.9%109.1%
Gross profit margin%27.536.531.4
Effective tax rate%42.236.132.7
Net profit margin%7.812.711.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 47.2% on a year-on-year (YoY) basis. The expenses were up by 49.3% YoY during the same period.
  • The company's operating profit increased by 67.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 31.4% in 4QFY19 as against 27.5% in 4QFY18.
  • Depreciation charges increased by 140.0% and finance costs increased by 54.9% YoY, respectively.
  • Other income increased by 442.9% YoY during the quarter.
  • Net profit for the quarter increased by 109.1% YoY. Net profit margins during the quarter increased from 7.8% in 4QFY18 to 11.0% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 16.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 25.9% QoQ during the same period.
  • The company's operating profit declined by 0.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 31.4% in 4QFY19 as against 36.5% in 3QFY18.
  • Net profit for the quarter increased by 0.9% QoQ, while net profit margins declined from 12.7% in 3QFY18 to 11.0% in 4QFY19.

To see how BAJAJ FINSERV has performed over the last eight quarters, please visit here.

BAJAJ FINSERV Share Price Performance

Over the last one year, BAJAJ FINSERV share price has moved up from Rs 5,716.2 to Rs 8,320.5, registering a Gain of Rs 2,604.3 or around 45.6%.

Overall, the S&P BSE SENSEX is up 14.0% over the year.

Current Valuations

At the current price of Rs 8,320.5, the price to earnings (P/E) ratio of BAJAJ FINSERV stands at 24.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.4 times.

Equitymaster requests your view! Post a comment on "BAJAJ FINSERV Announces Quarterly Results (4QFY19); Net Profit Up 109.1%". Click here!

  

Related Views on News

BAJAJ FINSERV Announces Quarterly Results (2QFY21); Net Profit Down 20.0% (Quarterly Result Update)

Nov 26, 2020 | Updated on Nov 26, 2020

For the quarter ended September 2020, BAJAJ FINSERV has posted a net profit of Rs 16 bn (down 20.0% YoY). Sales on the other hand came in at Rs 150 bn (up 5.8% YoY). Read on for a complete analysis of BAJAJ FINSERV's quarterly results.

Indian Railway Finance Corporation IPO: Should You Apply? (IPO)

Jan 18, 2021

Monopolistic railway financer with impeccable asset quality.

CAMS IPO: Should You Apply? (IPO)

Sep 18, 2020

Does the company having 70% market share of the mutual fund registrar business have sound prospects?

BAJAJ FINSERV Announces Quarterly Results (1QFY20); Net Profit Up 9.5% (Quarterly Result Update)

Aug 28, 2019 | Updated on Aug 28, 2019

For the quarter ended June 2019, BAJAJ FINSERV has posted a net profit of Rs 15 bn (up 9.5% YoY). Sales on the other hand came in at Rs 123 bn (up 39.9% YoY). Read on for a complete analysis of BAJAJ FINSERV's quarterly results.

More Views on News

Most Popular

Hotel Stocks Will Reward Investors(Fast Profits Daily)

Jun 8, 2021

This is why I'm bullish on the hotel and hospitality sector.

Don't Break These 5 Intraday Trading Rules(Fast Profits Daily)

Jun 1, 2021

To become a better intraday trader, follow these rules religiously.

The Most Visible Sign of India's Revival is on Two Wheels(Profit Hunter)

Jun 9, 2021

Investing in the best stocks could result in wealth compounding on a massive scale.

Rs 2 Trillion Stimulus Coming to a Stock Market Near You(Profit Hunter)

Jun 2, 2021

Get ready to profit from a massive stimulus that you've never seen before.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

BAJAJ FINSERV SHARE PRICE


Jun 14, 2021 10:34 AM

TRACK BAJAJ FINSERV

  • Track your investment in BAJAJ FINSERV with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

BAJAJ FINSERV 5-YR ANALYSIS

COMPARE BAJAJ FINSERV WITH

MARKET STATS