BAJAJ HOLDINGS & INVESTMENTS LTD
Bajaj Holdings & Investment Ltd. operates as an Investment Company and is registered as a Non-Banking Financial Institution – Investment and Credit Company with the Reserve Bank of India. The Co. holds more than 36% stake in both Bajaj Auto Ltd. and Bajaj Finserv Ltd.
Revenue Breakup
Interest Income: 59%
Net gain on fair value changes: 12%
Dividend Income: 20%
Shareholding Pattern
-PUBLIC GROUP
-PROMOTER GROUP
Financial Summary
Particulars | Mar 2022 | Mar 2023 | Mar 2024 |
Sales | 484 | 522 | 1,702 |
Sales Growth % | 6% | 8% | 226% |
Expenses | 117 | 142 | 140 |
Operating Profit | 367 | 380 | 1,562 |
OPM % | 76% | 73% | 92% |
Net Profit | 4,126 | 4,946 | 7,365 |
EPS in Rs | 364.41 | 435.83 | 652.98 |
Synopsis Of Financials
Net profit
- In FY24, the net profit was Rs 72,672 million, which is a 49.8% increase from the previous year.
Quarterly net sales
- In June 2024, the net sales were Rs 125.55 crore, which is a 27.68% increase from June 2023.
Quarterly net profit
- In June 2024, the net profit was Rs 65.97 crore, which is a 19.38% increase from June 2023.
Quarterly EBITDA
- In June 2024, the EBITDA was Rs 97.96 crore, which is a 19.84% increase from June 2023.
Quarterly EPS
- In June 2024, the EPS was Rs 5.90, which is an increase from Rs 5.00 in June 2023.
Final Outlook
Bajaj Holdings & Investment Ltd.’s (BHIL) future outlook is considered positive, with a “Buy” rating from . The company’s stock has outperformed the Sensex in the past month, and its moving averages are higher than the 50, 100, and 200 day moving averages. BHIL’s stock score has also increased from 9 to 10 in the last 6 months.
– Company has reduced debt.
– Company is almost debt free.
– Company has delivered good profit growth of 19.0% CAGR over last 5 years
– Company has been maintaining a healthy dividend payout of 26.6%
Company’s working capital requirements have reduced from 115 days to 11.4 days.
I will give Buy reccommendation for this stock
Bajaj-Holdings-Ltd