The company deals in consumer finance, SME (small and medium-sized enterprises) and commercial lending, and wealth management. It has made impressive growth in its business in recent years.
Bajaj Finance Net Worth
Bajaj Finance has the 3rd largest non-banking financial company Market share in India. The market value of Bajaj Finance Limited currently stands at 2707.73 billion Indian rupees in the year 2021. Bajaj Finance recorded a net worth of 238 billion Indian rupees in the previous year which was said to be a quite remarkable increase of the company’s worth in the last five years. However, in the fiscal year 2021, Bajaj Finance suffered a fall in its net worth as it amounted to 235.46 billion Indian rupees.
Bajaj Finance Monthly Turnover / Business
With over 7000 outlets across the 115 cities, Bajaj Finance earned a total income of 84.2 billion Indian rupees by the end of June 2021. Bajaj Finance Limited also has some subsidiary companies under Bajaj Financial Services Ltd., Bajaj Housing Finance Ltd., Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance, Asset Management Arm which all contribute to the company’s revenue and profit. The company’s quarterly revenue for June of 2021 is 591.6 billion Indian rupees.
Bajaj Finance Yearly Turnover / Business
Bajaj Finance Limited has observed a 23.4% fall in its net profit and a year-on-year jump in its total income with an increase of 57.51% since 2017. The total Assets of the company stood at 1358.04 billion Indian rupees. While the total Liabilities of the company amounted to 1358.04 billion Indian rupees. Bajaj Finance’s equity nearly amounts to 1.20 billion Indian rupees. The Annual income of the company was estimated at 235.32 billion Indian rupees. Bajaj Finance Limited scored a net income of 39.55 billion Indian rupees for the 2021 fiscal year. Eventually, Bajaj Finance received an annual turnover of around 235.32 billion Indian rupees.
