Bajaj Finserv Limited
13,353words
3turns
0analyst exchanges
0executives
Key numbers — 40 extracted
51.32%
77.33%
100%
86.70%
19.90%
80.10%
54.70%
20%
13%
12%
18%
rs
128,000
Guidance — 5 items
Behaviours
opening
“Before additional ECL provision and presentation change, it increased by 8% to $ 234 MM from $ 216 MM in Q4 FY25 • PAT growth of 27% and ROE of 20% before presentation changes, additional ECL provision of $ 39 MM and a tax benefit of $ 38 MM on deductibility of certain expenditures based on favourable orders in Q4 FY2025 and additional ECL provision of $ 16 MM in Q4 FY2026 • FINAI remains central to our long-term vision.”
Behaviours
opening
“75 ESG - Key initiatives ESG is not just the right thing to do, it is what will shape a better tomorrow for all Governance Responsible Investment Insurance portfolios exceeded the 80% target for responsible investments: Bajaj General at 95%, Bajaj Life at 98%.”
Digital payment transactions
opening
“Any opinion, estimate or projection constitutes a judgment as of the date of this presentation, and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection.”
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“No representation, warranty, guarantee or undertaking, express or implied, is or will be made as to, and no reliance should be placed on, the accuracy, completeness, correctness or fairness of the information, estimates, projections and opinions contained in this presentation.”
Digital payment transactions
opening
“By viewing this presentation you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company.”
Risks & concerns — 4 flagged
▪ High Credit Quality investments in Fixed Income schemes to ensure safety and mitigate risk.
— Competitive Edge
& mitigation actions planned ▪ Drive risk related projects across the group such as ORM, Cyber security Collaboration and Best Practice ▪ Group Knowledge Forums – Analytics, Technology, Investments, Governance, etc.
— Competitive Edge
Lower growth than market which was saddled with EOM stress • PAT remained largely flat on account of elevated claims experience in Govt.
— Behaviours
Financial Inclusion Enable access to relevant, affordable financial products and services that serve broader societal needs Preserving & Protecting Environment Adopt environmental practices that minimize or eliminate the negative impact of our operations.
— Behaviours
Speaking time
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Opening remarks
Competitive Edge
• ULIP growth aligned with Bullish market trend • Bajaj Life has evolved its product mix to multi product insurer • Enhanced focus on Non-par protection with 8.4% mix for FY2026 • Balancing Risk and Returns through innovative products like ACE (Industry first) and GOAL ASSURE- with ACE achieving USD 183 MM RWRP in first year of launch • Meeting diverse customer needs by serving through innovative products - GUARANTEED PENSION GOAL II – High deferment period enabling youngsters in retirement planning, SUPREME - Tax-free legacy planning Whole life ULIP with guaranteed returns on charges, SUPER WOMAN TERM - Women-oriented Term plan with Critical Illness and Child future protection • Use of Data Analytics focused on Segments and Demand Forecasting with an aspiration to provide customers “Best in Class” features Top 4 peers : SBI Life, HDFC Life, ICICI Pru and Axis Max Data is based on APE from public disclosure , in few cases where not available IRNB has been used as proxy 26 Bajaj Life –
Behaviours
Innovate to Simplify Talent Builder Continuous Transformation Do The Right Thing 61 Bajaj Finserv - Core strategic principles Broadening offerings to customers Deep complementary partnerships Prospect and exploit new initiatives Prospect & exploit new business lines • Expanding product suite: over 750 products across all Companies • Geo expansion: Presence over 4,000 cities • Distribution network of greater than 0.5 MM agent, banks, brokers and dealers • Date led Upsell, Cross-sell and retention capabilities across all Companies • Strategic tie-ups: Airtel, SFDC • Virtual JVs with insurance distributors • Preferred network for several large distributors including banks • Strategic Investment in IT services companies • Investments in Insurtech’s/Fintech’s to enhance digital capabilities • Crop and Government health insurance • Setup of Bajaj Life direct as a proprietary sales force Integrated health and wellness services • Bajaj Pay • • Bajaj Market place – Digital BFSI marketplace • Te
Digital payment transactions
BFL(94% Urban,81% Rural); Bajaj General(97%); Bajaj Life (96.8%) Financial Inclusion New to BFL credit customers -30 MM BFL MFI branches – 440+ covering 7 Lakh+ women customers PMJJBY (Bajaj Life) - 0.14 MM lives covered PMFBY (Bajaj General) – 9.05 MM farmers covered PMJAY-MA (Bajaj General) – 49.08 MM lives covered Empowering Society Human Capital Management CSR expenditure – $ 46 MM Number of beneficiaries – 9.35 MM Impact Assessment - 34 projects CPBFI (Flagship Program): Active in 22 states, 159K beneficiaries (58% women), 50K new enrolments in FY2026 Gender Diversity ratio ~14% ISO 45001- 44 Offices (BFS,BFL, BHFL, Bajaj General and Bajaj Life) Women agents ~ 32.9% Total (Bajaj General: 32.8%, Bajaj Life: 33%) Stakeholder Engagement BRSR Assurance Reasonable Assurance for BRSR Core (Mandatory) and Limited Assurance for BRSR non-core disclosures (Voluntary) for all listed companies and material subsidiaries Community grievance redressal mechanism Live on BFS website (Bajaj Finserv