The company’s biggest drawback has been its rather volatile track record on profitability. Delinquencies have been lumpy and so have provisions. But all that may be about to change
Decent progress in terms of asset quality, growth and diversification via increasing new business contribution and consistent margins
Post-merger synergies and a more diversified loan book drive healthy asset growth
One of the key factors behind Bajaj Finance’s stock-losing investor love is the re-emergence of banks as the go-to exposure to India’s financial sector. The verdict on the stock, however, is still optimistic as 23 brokerages have a buy rating though valuation remains a worry
A well-diversified financial services player with strong parentage
Strong momentum continued in Q3, led by robust commercial vehicle demand, aided by higher fleet utilisation
A stronger merged entity with better cross-sell opportunity and better financial risk profile to drive future growth
Encouraging outlook as the company transforms from a uni-segment entity to a more diversified play after the merger. Second quarter saw a decent growth in disbursement, coupled with improving margins, asset quality and credit cost
In a panel discussion, NBFC chiefs said that digitisation has sharply raised the potential of NBFCs, the approach to underwriting credit has changed, and joining hands with entities possessing specific skill sets will enable greater balance sheet growth. NBFCs must be careful about asset quality, while dealing with MSMEs, they said.