BAJAJ FINSERV LIMITED - Investor Presentation – Q1 FY19

BAJAJ FINSERV LIMITED

Investor Presentation – Q1 FY19

Bajaj group has a long track record of building large scale, profitable businesses

• Bajaj Finserv is a diversified financial services group with a pan-India presence in life insurance, general insurance, and lending.

• Bajaj Finserv is a listed opportunity to participate in India’s insurance sector

*BFS shareholding in BFL as at 31 March 2018 was 54.99%.

Bajaj Finserv remains a debt free company. Bajaj Finserv’s surplus funds stood at Rs. 6.6 Bn as on 30 Jun 2018 (Rs. 5.7 Bn as on 30 Jun 2017)

• Consolidated Net Worth stood at Rs. 209 billion (Rs. 167 Bn as on 30 Jun 2017) and Consolidated Book Value Per Share at Rs. 1,315 ( Rs.1,051 as on 30 Jun 2017)

HIGHLIGHTS OF Q1 of Bajaj Finserv

Total revenue : Rs.8771.1 Cr :LY: 7535.6 Cr : 16%

Net worth(Cons):Rs20919.6 CR :LY :16720.3 cr :25%

PAT                      :Rs.825.8 Cr  : LY: Rs.584.5 Cr : 41%

EPS  (FV 5): 51.90

MP :6927

PE : 33.37

LY PRICE :4975 (39%)

Subsidiaries :

Bajaj Finance Limited; Bajaj Allianz General Insurance; and Bajaj Allianz Life Insurance

Bajaj Finance Limited (54.99% BY Bajaj Finserv)

• Diversified NBFC present in consumer finance, SME,

commercial and rural lending

• Highest Credit rating of AAA/Stable by CRISIL, ICRA,

CARE & India Rating

• Strong distribution presence

• Assets Under Management ++ of Rs. 933 Bn. as on 30 Jun 18

• Net NPA stood at 0.44% as on 30 Jun 18

Bajaj Allianz General Insurance #

• Highest PAT among private players in FY18. ROE of 23% in FY18

• 2nd largest private General insurer in India as of FY18 in terms of Gross Premium

• Offers a wide range of products across retail & corporate segments

• Combined ratio of 92.3% for FY18 and 90.2% for Q1 FY19

• Recognized in the market for claims servicing

Bajaj Allianz Life Insurance #

• Among the top 5 private sector Life insurers in India on new business in FY18

• Deep, pan India distribution reach

• Diversified distribution mix – agency, bancassurance, alternate channels, direct etc.

• AUM of Rs. 532 Bn. as on 30 Jun 18

• Net-worth of Rs. 94 Bn. as on 30 Jun 18

• One of the most profitable private life insurers in India

HIGHLIGHTS OF BAJAJ FINANCE :

AUM              :93313.9 CR:68945.4 CR:35%

Total income :3941.3 CR   :2833.9 Cr    :39%

PAT        :     835.9 Cr :     460.9 Cr :81%

Bajaj Finance – Overview

Part of Bajaj Group – one of the oldest & most respected business houses

Strong focus on cross selling assets, insurance and wealth products to existing customer

Highly agile and innovative

Focus on mass affluent and above customers

Diversified lending strategy

Deep investment in technology and analytics

 A trusted brand with strong brand equity

 Overall franchise of 28.28 Mn. and Cross sell client base of 16.55 Mn.

 Centre of Excellence for each business vertical to bring

efficiencies across businesses and improve cross sell

opportunity

 Continuous improvement in features of products &

timely transitions to maintain competitive edge

 AUM mix for Consumer : Rural : SME : Commercial :

Mortgage :- stood at 39% : 7% : 13% : 13% : 28%

 Has helped establish a highly metricised company and

manage risk & controllership effectively

Q1 HIGH LIGHTS –BAJAJ FINANCE

BOOK SIZE          :89903.7 CR  :65183.7 Cr  :38%

Total Income        :3941.3 Cr    :2833.9 Cr    :39%

Profit After Tax     :835.9 Cr      :460.9 Cr      :81%

Return on Assets  :1%              :0.8%

Return on Equity  :5.2%           :5.0%

EPS : 14.37 (fv 2)

MP : 2714

PE : 2714/(4*14.37) =47.31

LY : 1682 (61%YOY)