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.

RESULTS TABLE

BAJAJ FIN
31-Dec-11
30-Sep-11
%DIF1
31-Dec-10
%DIF2
Net Sales
55472
45134
22.91
35969
54.22
Other Oprtng Income
4805
4034
19.11
2743
75.17
Employees Cost
5000
4714
6.07
3538
41.32
Depreciation
398
340
17.06
313
27.16
Other Expenditure
16490
14656
12.51
13129
25.6
Total Expenditure
21888
19710
11.05
16980
28.9
Profit from Operations
38389
29458
30.32
21732
76.65
Other Income
79
162
-51.23
127
-37.8
Interest
20721
16732
23.84
10356
100.09
Profit  before tax
17747
12888
37.7
11503
54.28
Tax expense
5748
4151
38.47
3864
48.76
Net Profit
11999
8737
37.34
7639
57.08
Face Value (In Rs
10
10
0
10
0
Paid Up Equity
3663
3663
0
3663
0
Basic EPS
32.76
23.85
37.36
20.87
56.97
Diluted EPS
32.62
21.39
52.5
20.87
56.3
Public holding (%)
43.93
43.93
0
0












 *  *  *  E  N  D   *  *  *


























































































No comments:

Post a Comment