BEST CEO
FINANCIAL SERVICES
Total Income/ 3-yr CAGR
₹23,834.15 cr/33.63%
PBT/ 3-yr CAGR
₹6,808.13 cr/30.43%
PAT/ 3-yr CAGR
₹4,881.12 cr/38.52%
3-yr Average TSR
11.18%
Average Market Cap Y-O-Y Growth *
22.19%
ROE/ ROCE
19.3%/3.98%
3-yr CAGR — NPA
44.19%
Net Profit Margin
20.49%
*For Oct 2019-Sept 2020; Standalone data; Total income, PBT & PaT net of extraordinary items; TSR: Total shareholder returns; Source: aCe equity
Gauging the risk of lending is the primary task of Rajeev Jain, Managing Director and CEO, Bajaj Finance (BFL), as the non-banking finance company’s (NBFC’s) profit lies in the last instalment of loan repayment. That is why Covid-19 and the resultant lockdown were tough for the lender. Taking up the challenge, Jain, along with Chairman Sanjiv Bajaj, younger son of industrialist Rahul Bajaj, prepared different scenarios and contingency plans under each alternative. The result: BFL’s net profit surged 36 per cent to ₹965 crore during the July-September quarter. At a time when everybody was predicting a rise in non-performing assets (NPAs) of lenders, BFL’s NPA shrunk to 0.37 per cent in the second quarter, compared to 0.65 per cent a year ago.
Bu hikaye Business Today dergisinin January 10, 2021 sayısından alınmıştır.
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Bu hikaye Business Today dergisinin January 10, 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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