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Thursday, January 19, 2012
BAJAJ FINANCE = RESULTS = FOR Q3 FY 2012 = Q/E DEC,2011 = NET SALES UP 54.22%YoY; NET PROFITS UP 57% YoY = EXCELLENT PERFORMANCE
Bajaj Finance Limited
NSE Symbol BAJFINANCE
BAJAJ FINANCE has declared excellent results for the q3 fy 2012 ending Dec,2011.
Net Sales stands at Rs.554.72 cr in Q3 FY 12 – compared to Rs.451.34 cr (Up
by 22.91%) in previous Qtr of Q2 FY 12; and Rs.359.69 cr (Up by 54.22%) in corresponding Qtr of Q3 FY 11
Total Expenditure stands at Rs.218.88 cr in Q3 Fy 12; compared to Rs.197.10 (Up by 11.05%) in Q2 FY 12; and Rs.169.80 cr (Up by 28.9%) in Q3 FY 11.
Profit from Operations stands at Rs.383.89 cr in Q3 FY 12; compared to Rs.294.58 cr (Up by 30.32%) in Q2 FY 12; and Rs.217.32 cr (Up by 76.65%) in Q3 FY 11.
Interest Expense stands at Rs.207.21 cr in Q3 FY 12; compared to Rs.167.32 cr (Up by 23.84%) in Q2 FY 12, the previous Qtr ; and Rs.103.56 cr (Up by 100.09%) in Q3 FY 11, the corresponding qtr.
Profit before tax stands at Rs.177.47 Cr in Q3 FY12 – compared to Rs.128.88 cr (Up by 37.7%) in Q2 FY 12; and Rs.115.03 cr (Up by 54.28%) in Q3 FY 11.
Tax expense stands at Rs.57.48 cr in Q3 FY 12; compared to Rs.41.51 cr (Up by 38.47%) in Q2 FY 12; and Rs.38.64 cr (Up by 48.76%) in Q3 FY 11.
Net Profit stands at Rs.119.99 cr in Q3 FY 12; compared to Rs.87.37 cr (Up by 37.34%) in Q2 FY 12; and Rs.76.39 cr(Up by 57.08%) in Q3 FY 11.
On a Face Value of Rs.10, the Basic EPS stands at Rs.32.76 in Q3 FY 12; Rs.23.85 in Q2 FY 12; Rs.24.75 in Q1 FY 12 and Rs.20.87in Q3 FY 11.
Annual EPS for FY 12 will be around Rs,114,12.
Current Market Price is Rs.672.50, while the 52 week high price is Rs.780 and the 52 week low price is Rs.536.
On this Basis, the PE Ratio comes to 5.89.
NET NPA stands at 0.25%
Return on Avg Assets : 1.25% (not annualized)
Return on Avg Equity : 7.5% (Not annualized)
Provisioning Coverage Ratio : 77%
Capital Adequacy Ratio =14.7(EXCLUDING CURRENT YEAR PROFITS) & 17.3 (INCLUDING CURRENT YEAR PROFITS)
Customers acquired during Q3 FY 12 39% more to 6,84,238 in Q3 FY 12 from 4,91,386 in Q3 FY 11.
Deployments during Q3 FY 12 more than 68% to Rs.4,649 Cr in Q3 FY 12 from Rs.2,774 Cr in Q3 FY 11.
Loan losses and provisons for Q3 FY 12 20% lower at Rs.36 Cr form 45 Cr in Q3 FY 11.