“Bajaj Finance Soars 6.3%: Investors Rally Behind Stellar Q3 Performance!”
“In a stunning display of market confidence, Bajaj Finance shares defied gravity on Thursday, surging a remarkable 6.3% during intraday trade on the BSE. The non-bank finance giant’s stellar October-December (Q3) quarterly results sent investors into a buying frenzy, propelling the stock to new heights. With robust earnings and a solid performance, Bajaj Finance has once again proven why it remains a favorite among market participants.
Bajaj Finance share price, In a spectacular show of strength, Bajaj Finance reclaimed the Rs 8,000 mark today for the first time since October 17, 2023, soaring to a dazzling 52-week high of Rs 8,250 per share. By 10:36 AM, the stock emerged as the top gainer on the BSE Sensex, surging an impressive 2.7% and outpacing the benchmark index, which rose a modest 0.39%. This remarkable rally underscores the unwavering investor confidence in Bajaj Finance’s growth story.
*”Bajaj Finance is setting the stock market ablaze in January 2025, with its share price skyrocketing an impressive 21%—outperforming the BSE Sensex, which has dipped 2% during the same period. This stellar rally comes on the back of the company’s blockbuster Q3FY25 results, which have left analysts buzzing and prompted them to raise their price targets.
On Wednesday, Bajaj Finance reported an 18% year-on-year (Y-o-Y) jump in consolidated net profit, reaching Rs 4,308 crore. This growth was driven by a robust 23% Y-o-Y increase in net interest income (NII) to Rs 9,382 crore, coupled with stable net interest margins (NIM). Investors are clearly betting big on the NBFC giant’s strong fundamentals and consistent performance.
*”Bajaj Finance has once again proven why it’s a market leader, delivering a stellar Q3FY25 performance that left analysts and investors in awe. The company’s consolidated net profit surged to Rs 4,308 crore, beating Bloomberg’s poll estimate of Rs 4,136 crore, thanks to a robust 23% year-on-year (Y-o-Y) growth in net interest income (NII).
But that’s not all—Bajaj Finance’s total assets under management (AUM) grew an impressive 28% Y-o-Y to reach Rs 3.98 trillion by December 2024. New lines of business contributed 3% to this growth, with AUM expanding by a whopping Rs 24,119 crore in Q3FY25 alone.
The quarter also saw the company book a record 12.06 million new loans, up 22% from 9.86 million in Q3FY24. Adding to the excitement, Bajaj Finance welcomed a staggering 5.03 million new customers, taking its total customer base to 97.12 million as of December 31, 2024.
Looking ahead, the management has reaffirmed its guidance of around 25% AUM growth for FY26, driven by newer business segments and a recovery in rural business-to-customer (B2C) growth. While growth remains a priority, the company emphasized that risk management and maintaining healthy margins are at the core of its strategy.
*”Bajaj Finance continues to win the confidence of analysts, with Emkay Global Financial Services raising its December 2025 share price target to Rs 8,800, up from Rs 8,400. The brokerage has reiterated its ‘Buy’ rating on the stock, citing the company’s strong Q3FY25 performance and optimistic management commentary.
Emkay highlighted that the Q3 developments have led to a 1-3% increase in their FY25-27 earnings per share (EPS) estimates. With Bajaj Finance maintaining a robust 4.5% annualized return on assets (RoA) and an impressive above-20% return on equity (RoE), coupled with over 20% earnings growth, the company’s growth story remains firmly intact.
‘Given the consistent performance and strong fundamentals, we remain bullish on Bajaj Finance,’ said Emkay in its report. This upgrade comes as no surprise, given the company’s record-breaking Q3 results, which included a 28% YoY growth in assets under management (AUM) and a surge in new customer additions.
Bajaj-Airtel tie up –
The Bajaj-Airtel tie-up refers to a strategic partnership between Bajaj Finance, one of India’s leading non-banking financial companies (NBFCs), and Bharti Airtel, one of India’s largest telecom operators. This collaboration aims to leverage the strengths of both companies to offer innovative financial and digital solutions to their customers. Here’s a breakdown of what this partnership entails and its potential impact:
Key Highlights of the Bajaj-Airtel Tie-Up:
- Co-Branded Credit Cards:
- Bajaj Finance and Airtel have launched co-branded credit cards in partnership with leading card networks like Visa or Mastercard.
- These cards are designed to offer exclusive benefits to Airtel customers, such as cashback on Airtel bill payments, discounts on recharges, and rewards on everyday spending.
- Digital Financial Solutions:
- The partnership focuses on providing digital lending solutions to Airtel’s vast customer base, including instant loans, EMI options, and other credit facilities.
- Bajaj Finance’s expertise in lending and Airtel’s digital reach will enable seamless access to financial products for millions of users.
- Enhanced Customer Experience:
- Airtel customers can now access Bajaj Finance’s financial products directly through the Airtel Thanks app, making it easier to avail loans, credit cards, and other services.
- The integration aims to simplify financial transactions and improve customer convenience.
Benefits of the Partnership:
- For Customers:
- Access to affordable credit and financial products.
- Exclusive rewards and discounts on Airtel services.
- Simplified and seamless digital transactions.
- For Bajaj Finance:
- Expansion of its customer base through Airtel’s massive reach.
- Increased penetration in rural and semi-urban markets.
- Enhanced digital capabilities through Airtel’s technology platform.
- For Airtel:
- Strengthened customer loyalty through value-added financial services.
- Increased engagement on its digital platforms.
- Additional revenue streams from financial products.
Market Impact and Growth Potential:
- The Bajaj-Airtel tie-up is a win-win for both companies, as it combines Bajaj Finance’s lending expertise with Airtel’s digital and telecom infrastructure.
- This partnership is expected to drive significant growth in the co-branded credit card market and expand access to credit for millions of Indians, especially in underserved areas.
- It also aligns with the Indian government’s vision of promoting financial inclusion and digital transformation.
Conclusion:
The Bajaj-Airtel partnership is a strategic move that capitalizes on the strengths of both companies to deliver innovative financial solutions to a wide audience. By combining Bajaj Finance’s financial expertise with Airtel’s digital reach, this collaboration is set to redefine the way customers access and use financial products in India.
