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Bajaj Finserv (BOM:532978) Net Margin % : 6.89% (As of Mar. 2024)


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What is Bajaj Finserv Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bajaj Finserv's Net Income for the three months ended in Mar. 2024 was ₹21,185 Mil. Bajaj Finserv's Revenue for the three months ended in Mar. 2024 was ₹307,390 Mil. Therefore, Bajaj Finserv's net margin for the quarter that ended in Mar. 2024 was 6.89%.

The historical rank and industry rank for Bajaj Finserv's Net Margin % or its related term are showing as below:

BOM:532978' s Net Margin % Range Over the Past 10 Years
Min: 6.24   Med: 8.01   Max: 15.73
Current: 7.71


BOM:532978's Net Margin % is ranked better than
55.36% of 112 companies
in the Diversified Financial Services industry
Industry Median: 4.185 vs BOM:532978: 7.71

Bajaj Finserv Net Margin % Historical Data

The historical data trend for Bajaj Finserv's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bajaj Finserv Net Margin % Chart

Bajaj Finserv Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 7.40 6.75 8.14 7.70

Bajaj Finserv Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.77 8.72 7.73 7.76 6.89

Competitive Comparison of Bajaj Finserv's Net Margin %

For the Financial Conglomerates subindustry, Bajaj Finserv's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bajaj Finserv's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bajaj Finserv's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bajaj Finserv's Net Margin % falls into.



Bajaj Finserv Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Bajaj Finserv's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=81477.9/1057483.3
=7.70 %

Bajaj Finserv's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=21185.3/307389.9
=6.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bajaj Finserv  (BOM:532978) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Bajaj Finserv Net Margin % Related Terms

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Bajaj Finserv (BOM:532978) Business Description

Traded in Other Exchanges
Address
Off Pune-Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its mortgage lending activities consist of loans for residential and commercial properties and developer financing, among others. The company operates in India, with most of its revenue coming from Premium and other operating income from the insurance business.

Bajaj Finserv (BOM:532978) Headlines

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