BAJFINANCENSEQ3 FY2327 January 2023

Bajaj Finance Limited

11,268words
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Key numbers — 40 extracted
rs 1.3
iew 2 Section 01 Executive summary – Q3 FY23 1.1 Quarter gone by 1.2 Lead financial indicators 1.3 Omnipresence strategy update 1.4 Update on LRS strategy 2023-27 3 Executive summary Good quarter
₹ 52
across all financial and portfolio metrics albeit marginally lower AUM growth. On track to deliver ₹ 52-53K crore of core AUM growth in FY23. Q3 witnessed highest ever loans booked and new customer add
₹ 230,842
tal across all products and services by March 2023… AUM Opex to NII PAT ROE Net NPA Q3 FY23 ₹ 230,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41%
27%
and services by March 2023… AUM Opex to NII PAT ROE Net NPA Q3 FY23 ₹ 230,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4
34.7%
ervices by March 2023… AUM Opex to NII PAT ROE Net NPA Q3 FY23 ₹ 230,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4 Lead f
₹ 2,973
AUM Opex to NII PAT ROE Net NPA Q3 FY23 ₹ 230,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4 Lead financial indicators Conso
40%
ROE Net NPA Q3 FY23 ₹ 230,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4 Lead financial indicators Consolidated performanc
23.98%
Net NPA Q3 FY23 ₹ 230,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4 Lead financial indicators Consolidated performance 1. A
21.20%
23 ₹ 230,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4 Lead financial indicators Consolidated performance 1. AUM growth of ₹ 1
0.41%
0,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4 Lead financial indicators Consolidated performance 1. AUM growth of ₹ 12,476 c
0.78%
rowth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4 Lead financial indicators Consolidated performance 1. AUM growth of ₹ 12,476 crore in Q3. AUM
₹ 12,476 crore
20% 0.41% Q3 FY22 0.78% 4 Lead financial indicators Consolidated performance 1. AUM growth of ₹ 12,476 crore in Q3. AUM growth was slower in mortgages due to intense pricing pressures. 2. AUM was up 27% at ₹
Guidance — 11 items
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On track to deliver ₹ 52-53K crore of core AUM growth in FY23.
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On track to go fully digital across all products and services by March 2023… AUM Opex to NII PAT ROE Net NPA Q3 FY23 ₹ 230,842 Cr YoY Growth 27% 34.7% Q3 FY22 34.7% ₹ 2,973 Cr YoY Growth 40% 23.98% Q3 FY22 21.20% 0.41% Q3 FY22 0.78% 4 Lead financial indicators Consolidated performance 1.
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The Company is on track to deliver its goal of 25% of consolidated borrowings from deposits in the medium term.
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Eventually, there will be overall 13 CLP and 18 PDP sections covering all products and services of the Company.
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opening
Sprint 2 is now live on Play Store and will be scaled up in staggered release methodology.
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Launch New Auto Loans in Q2 FY24, Micro Finance in Q4 FY24 and Tractor financing in Q1 FY25.
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Deploy 8 megatrends by FY24 and balance 7 megatrends by FY25.
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Launch Rewards as a platform in Q4 FY24 and Social as a platform in Q2 FY25.
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Open 100 locations in UP, Bihar and North-East in FY24 and another 100 locations in FY25.
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This presentation does not constitute or does not intend to constitute or form part of any offer or invitation or inducement to sell, or any solicitation of any offer or recommendation to purchase, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment therefor.
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Risks & concerns — 5 flagged
The Company is gradually passing on the impact of higher interest rates to customers across businesses.
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Given strong ALM management, the impact of recent interest rate hikes on cost of funds remains gradual.
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A rolling bottom’s up financial plan is created every year to reflect impact of strategy on business outcomes.
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17 BFL business construct… 4 Philosophy To build businesses with a 10 year view anchored on prudence and risk management to deliver ‘through the cycle’ 19–21% shareholder returns.
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Consolidated borrowing mix for Money Markets: Banks: Deposits: ECB stood at 47% : 31% : 21% : 1% Continuous transformation in product features and digital technologies to maintain competitive edge Has helped achieve multi product cross sell and manage risk & controllership effectively.
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Speaking time
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Opening remarks
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L65910MH1987PLC0429 61 www.bajajfinserv.in/corpo rate-bajaj-finance Q3 FY23 Investor Presentation 27 January 2023 Presentation Path Section 01 Section 03 Section 05 Section 07 Executive summary – Q3 FY23 Financial performance – Q3 FY23 31 Customer franchise and distribution reach 42 3 Update on credit quality 48 Section 02 Section 04 Section 06 Bajaj Finance Limited overview Asset liability management Business segment wise AUM 17 35 46 Click on the section to view 2 Section 01 Executive summary – Q3 FY23 1.1 Quarter gone by 1.2 Lead financial indicators 1.3 Omnipresence strategy update 1.4 Update on LRS strategy 2023-27 3 Executive summary Good quarter across all financial and portfolio metrics albeit marginally lower AUM growth. On track to deliver ₹ 52-53K crore of core AUM growth in FY23. Q3 witnessed highest ever loans booked and new customer addition. Crossed 31 MM net users on the App. Phase 2 of Consumer App has started to go live. On track to go fully digital across all product
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