Are you getting inspired to know the Bajaj Finance Ltd share price target/prediction for the coming years 2022, 2023, 2024, 2025, and 2030? so here we considered the overall prediction of this share and I expected that you will learn some extra information about it.
My name is Mohammad Mustakim I am a skillful teacher of the share market for more than 7 years. during the analysis of Bajaj Finance Ltd we got, there are different types of points for example company essentials, financial stats, quarterly and annual results, and profit & loss that are explained further.
Bajaj Finance is an Indian non-banking financial company that deals in consumer finance, SME (small and medium-sized enterprises) and commercial lending, and wealth management. Bajaj Finance is headquartered in Maharashtra, India. The company has around 294 consumer branches and 497 rural locations with over 33000+ distribution points.
Bajaj Finance Ltd Quarterly Report Analysis
As the company’s quarterly report is given above in the June quarter of the financial year 2021, the company got operating revenue of Rs.5,916.14 Cr. of which they made a profit of about Rs.842.92 Cr. after paying taxes. In the September quarter of the financial year 2021, Company got operating revenue of Rs.6,808.23 Cr. by which they made a profit of around Rs.1,305.77 Cr.after paying all the essential taxes as govt. norms.
In the December quarter of 2021, the company got operating revenue of Rs.7,523.07 Cr. by which they made a profit of about Rs.1,933.85 Cr. after paying all the taxes. In the March quarter of 2022, Company got operating revenue of Rs.7,617.08 Cr. in which they made a profit of about Rs.2,267.95 Cr. after paying all the taxes. In the June quarter of the financial year 2022, Company got operating of Rs.8,144.68 Cr. by which they made a profit of about Rs.2,355.92 Cr. through this after paying all the taxes according to government norms present in that sector.
Bajaj Finance Ltd Annual Report Analysis
The company got an operating income of Rs.9,963.02 Cr. in 2017 till the month of March by which the company make a profit of about Rs.1,836.55 Cr. In the following year which is 2018, till the month of march the company got an operating income of Rs.12,652.84 Cr. by which the company make a profit of about Rs.2,484.51 Cr. after paying all the taxes according to govt. Norms.
In the year 2019, till the Month of March Company got an operating income of Rs.17,386.02 Cr. by which the company made a profit of about Rs.3,890.34 Cr. In the following year, 2020 till the month of March Company got an operating income of Rs.23,822.53 Cr. by which the company made a profit of about Rs.4,881.12 Cr. In the year 2021, till the month of March Company got an operating income of Rs.23,549.72 Cr. which makes a profit of around Rs.3,955.51 Cr. in the upcoming year 2022, its operating profit was Rs.27,894.74 Cr. and profit after tax was Rs.6,350.49 Cr.
Bajaj Finance Ltd Balance Sheet Analysis
In the year 2017 Company invested around Rs.1,090.30 Cr. and Current Assets of this Company are about Rs.31,411.21 Cr. and the total assets of the company available at that time is around Rs.66,899.58 Cr. In the following year, 2018 Company invested around Rs.2,553.43 Cr. and Current Assets of this Company are about Rs.2,182.90 Cr. and total assets of the company available at that time in 2018 are around Rs.80,852.45 Cr. In the year 2019 Company invested around Rs.5,060.63 Cr. and Current Assets of this Company are about Rs.6,738.46 Cr. and the total assets of the company available at that time is around Rs.10,7839.04 Cr.
In 2020 Company invested around Rs.8,076.41 Cr. and the Current Assets of this Company in the year 2020 are about Rs.14,130.38 Cr. and the total assets of the company available at that time in 2020 are around Rs.1,37,155.96 Cr. In the financial year, 2021 Company invested around Rs.8,107.56 Cr. and Current Assets of this Company are about Rs.14,654.75 Cr. and total assets of the company are available at that time is around Rs.1,37,419.68 Cr. at that time till the month of March in the year 2021, in another year 2022 it has invested Rs.9,390.74 Cr. where the total assets of this company were Rs.1,67,107.68 Cr.
We are trying to predict the possible target for the shares of Bajaj Finance in future years. This prediction is based on the Fibonacci retracement, support, and resistance, which are mentioned below.
|Year||Target Of Bajaj Finance|
As the chart indicates Bajaj Finance will surely move in an uptrend for future years so, we predict the first possible target for the year 2022 is around Rs.9,648 after attaining these prices of shares they show some downtrend but because of their great customer care facility they will again able to go in an uptrend so, we predict second possible target for this share is about Rs.11,838.
We can predict first share price target for the year 2023 is around Rs.14,271 then as every share price after attaining its high will show some downtrend after they again show positive movement in the same year and go uptrend so we can predict the second possible target which is the share of Bajaj Finance can pass is around Rs.16,022.
We can predict the first possible target share price of Bajaj Finance for the financial year 2024 is around Rs.18,017 and after attaining that value they also show a similar trend as they show in the year 2023 show some downward trend again for a while as it is the true characteristic of a share price and after recovering from this downfall we can predict second share price target for Bajaj Finance for the same year is about Rs.20,401.
In the year 2025 we can set a first possible target which they can attain is about Rs.22,153 and after attaining these values they show some negative movement and share prices of this company go down for while and after some time in that same year they will again show uptrend and we can predict second share price target for the share of Bajaj Finance which they can cross is around Rs.24,391.
By the end of this decade, I am sure that Bajaj Finance will be one of the renowned names in their specific market which can also be reflected by the share price target prediction for the year 2030 so the first share price target for the share of Bajaj Finance is about Rs.64,487 and second share price target for the share of Bajaj Finance is about Rs.71,283 at the end of this decade.
In this post, we learned the prediction of Bajaj Finance Ltd for future years. Here we tried to include every aspect in our article which is really essential to know before investing in any share.
Before ending this article, I am going to tell you some strengths of Bajaj Finance which are really important to becoming the highest revenue-generating company.
- Extensive distribution network.
- Innovative advertisements.
- Well-recognized brand name.
- Good paying capabilities.
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I am a skillful trainer of the share market for the last 7 years. I have better knowledge of technical analysis, fundamental analysis, chart understanding, writing about share market, investing as well as trading which I wanted to spread all over the people.