BAJAJ FINANCE LTD
Long

Bajaj Finance - Hidden Gem?

155
Bajaj Finance is a company of the prestigious Bajaj group. It is the largest NBFC company of India. It has the lowest NPA among NBFC companies as the largest customer of the company is Bajaj Auto which is another group company of Bajaj Group. The company is continuously increasing its market share and onboarding new customers.

The P/E ratio of the company is at 27.33 which is very less than the 20 year median P/E of 45.6.
The company is constantly increasing its quarterly and yearly revenue and net profit.
The company has significantly decreased its Net NPA from 1.46% in June 2021 to 0.38% in June 2024 which shows the good performance of the company.
The ROE is 22.12% which is considered excellent for NBFC segment stocks.

Regardless of such extraordinary performance and financials the company is trading at the same levels at which it was trading 3 years ago. It is a golden opportunity to invest in this stock at this point of time for long term as it may go 3-4 times up from this level.

I am not a SEBI registered analyst.
Please do your own analysis before investing.
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Thank you.

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