Bajaj Finance's Q4FY16 numbers shine
Bajaj Finance has declared its quarterly results on Tuesday. The company’s revenue has increased by 34.1 per cent to Rs 1917 crore in Q4FY16 as compared to same period in previous financial year. Its EBITDA too has risen by 33.78 per cent to Rs 1271 crore in Q4FY16 on a yearly basis. Bajaj Finance’s EBITDA margin has contracted by 16 basis points to 66.32 per cent in Q4FY16 as compared to same period in previous fiscal year. The company’s PAT has increased by 36.39 per cent to Rs 315 crore in Q4FY16 on a yearly basis. Its PAT margin has expanded by 28 basis points to 16.44 per cent in Q4FY16 as compared to same period in previous financial year.
On a yearly basis, Bajaj Finance’s top line has increased by 35.72 per cent to Rs 7304 crore in FY16 as compared to previous financial year. The company’s EBITDA too has risen by 34.84 per cent to Rs 4812 crore in FY16 on a yearly basis. Its EBITDA margin has contracted by 43 basis points to 65.88 per cent in FY16 as compared to previous fiscal year. Bajaj Finance’s bottom line has increased by 42.39 per cent to Rs 1279 crore in FY16 on a yearly basis. The company’s Net Profit margin has expanded by 82 basis points to 17.5 per cent in FY16 as compared to previous financial year.
On asset quality front, Bajaj Finance’s gross NPA and net NPA stand at 1.23 per cent and 0.28 per cent respectively as of March 2016.
Bajaj Finance’s customers acquired have increased by 39 per cent to 6834762 in FY16 on a yearly basis. The assets under management (AUM) also have risen by 36 per cent to Rs 44229 crore in FY16 as compared to previous financial year.
The share price of Bajaj Finance has decreased by 5.62 per cent after declaring Q4FY16 results and is trading at Rs 7527.25 on an intraday basis.
Bajaj Finance is engaged in lending and allied activities. The company is engaged primarily in the business of financing. It is focused on five categories viz. consumer lending, small and medium-sized enterprises lending, commercial lending, rural lending, and fixed deposits and fee based product distribution.