{"id":16422,"date":"2024-01-27T18:01:08","date_gmt":"2024-01-27T12:31:08","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=16422"},"modified":"2024-01-27T18:01:08","modified_gmt":"2024-01-27T12:31:08","slug":"bajaj-finance-quarterly-results","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bajaj-finance-quarterly-results\/","title":{"rendered":"Can Bajaj Finance Overcome Regulatory Hurdles? Q3 Results in Focus"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-quarterly-results\/#Indias_largest_non-banking_financial_company_NBFC_Bajaj_Finance_is_going_to_release_its_financial_results_for_the_December_quarter_on_29th_January_The_performance_of_the_company_is_expected_to_be_robust_despite_facing_some_challenging_conditions\" title=\"India&#8217;s largest non-banking financial company (NBFC), Bajaj Finance, is going to release its financial results for the December quarter on 29th January. The performance of the company is expected to be robust, despite facing some challenging conditions.\">India&#8217;s largest non-banking financial company (NBFC), Bajaj Finance, is going to release its financial results for the December quarter on 29th January. The performance of the company is expected to be robust, despite facing some challenging conditions.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-quarterly-results\/#What_are_the_thoughts_of_analysts\" title=\"What are the thoughts of analysts?\">What are the thoughts of analysts?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-quarterly-results\/#How_are_investors_reacting_to_the_recent_surge\" title=\"How are investors reacting to the recent surge?\">How are investors reacting to the recent surge?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-quarterly-results\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"Indias_largest_non-banking_financial_company_NBFC_Bajaj_Finance_is_going_to_release_its_financial_results_for_the_December_quarter_on_29th_January_The_performance_of_the_company_is_expected_to_be_robust_despite_facing_some_challenging_conditions\"><\/span>India&#8217;s largest non-banking financial company (NBFC), <strong>Bajaj Finance<\/strong>, is going to release its financial results for the December quarter on 29th January. The performance of the company is expected to be robust, despite facing some challenging conditions.<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_thoughts_of_analysts\"><\/span><strong>What are the thoughts of analysts?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>According to analysts, the <strong>Bajaj Finance&#8217;s<\/strong> net profit is projected to increase by 25% year-over-year (YoY) to Rs 3,716 crore. The net interest income (NII) is also expected to surge by 26% YoY to Rs 9,344 crore. The growth in these numbers can be attributed to the company&#8217;s strong assets under management (AUM) and stable asset quality.<\/p>\n<p>The AUM has increased by 35% YoY to cross Rs 3 lakh crore, and the deposit book has grown by 35% to reach Rs 58,000 crore. Additionally, in the quarter, 98.6 lakh new loans were booked, indicating a 26% YoY growth.<\/p>\n<p><strong><em>Despite these positive developments, the company may face some challenges.<\/em><\/strong><\/p>\n<p>The margins and costs are expected to decline sequentially due to the increasing cost of funds. Furthermore, the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Reserve_Bank_of_India\" rel=\"nofollow noopener\" target=\"_blank\">RBI<\/a> regulatory action has resulted in the stoppage of new loans through &#8220;eCOM&#8221; and &#8220;Insta EMI Card&#8221; due to non-compliance with guidelines.<\/p>\n<p><em>Additionally, there is a potential impact on <strong>Bajaj Finance&#8217;s<\/strong> lending mix due to RBI&#8217;s caution on unsecured lending.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_are_investors_reacting_to_the_recent_surge\"><\/span><strong>How are investors reacting to the recent surge?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Investors will be closely watching for management commentary on the impact of regulatory challenges, any changes in the borrowing mix due to slowing bank lending to NBFCs, and the performance of new products and any signs of stress in specific segments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the last quarter of 2021 and year-to-date, <a href=\"https:\/\/univest.in\/stocks\/bajfinance\/bajaj-finance-ltd-share-price-today\"><strong>Bajaj Finance\u00a0stock<\/strong><\/a> performance has been lackluster or we can say lacking when compared to Nifty&#8217;s. However, with the upcoming Q3 results that are expected to be robust, coupled with the positive management comments regarding regulatory challenges, and future growth plans, there is a strong possibility that the company&#8217;s stock performance may begin to exhibit a promising trend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s largest non-banking financial company (NBFC), Bajaj Finance, is going to release its financial results for the December quarter on 29th January. The performance of the company is expected to be robust, despite facing some challenging conditions. What are the thoughts of analysts? According to analysts, the Bajaj Finance&#8217;s net profit is projected to increase<\/p>\n","protected":false},"author":15,"featured_media":26919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-16422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"_last_editor_used_jetpack":["classic-editor"],"_edit_lock":["1706358546:13"],"_edit_last":["13"],"_thumbnail_id":["26919"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"post_views_count":["600"],"rank_math_seo_score":["78"],"rank_math_title":["Bajaj Finance Quarterly Results (Q3) 2024 - Univest"],"rank_math_focus_keyword":["Bajaj Finance"],"rank_math_description":["Bajaj Finance's net profit is projected to increase by 25% YoY to Rs 3,716 cr. The net interest income is also expected to surge by 26% YoY to Rs 9,344 cr."],"rank_math_facebook_title":["Bajaj Finance Quarterly Results (Q3) 2024 - Univest"],"rank_math_facebook_description":["Bajaj Finance's net profit is projected to increase by 25% YoY to Rs 3,716 cr. The net interest income is also expected to surge by 26% YoY to Rs 9,344 cr."],"rank_math_analytic_object_id":["482"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2024\/10\/18181948\/posts-1-2.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/16422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=16422"}],"version-history":[{"count":3,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/16422\/revisions"}],"predecessor-version":[{"id":16426,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/16422\/revisions\/16426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/26919"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=16422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=16422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=16422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}