Share of Bajaj Housing Finance Limited is currently trading at around Rs.126/-. Existing as well as Prospective Investors are asking for Bajaj Housing Finance Share Price Target 2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Bajaj Housing Finance Share Price Target 2025,2030,2035 & 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Bajaj Housing Finance Ltd:
Bajaj Housing Finance Limited (BHFL), a prominent player in India’s housing finance sector, has demonstrated robust business performance in recent quarters, reflecting its strong market position and effective growth strategies.
Current Business Performance
In the quarter ending September 2024, BHFL reported a 21% increase in net profit, reaching ₹546 crore compared to ₹451 crore in the same period the previous year. This growth was driven by a 26% rise in revenue from operations, totaling ₹2,410 crore, up from ₹1,911 crore year-on-year. The company’s net interest income (NII) also saw a 13% increase, amounting to ₹713 crore. Assets under management (AUM) grew by 26%, surpassing ₹1,02,569 crore as of September 30, 2024.
In September 2024, BHFL successfully completed its initial public offering (IPO), raising $782 million. The IPO was oversubscribed, attracting bids worth $39 billion, indicating strong investor confidence. Shares debuted at ₹150, a 114.2% premium over the IPO price, underscoring robust market demand.
Future Business Prospects
BHFL is well-positioned to capitalize on the increasing demand for housing finance in India, driven by urbanization and rising incomes. The company’s focus on premium residential properties aligns with market trends favoring luxury housing. Analysts project steady growth for BHFL, with share price targets indicating consistent appreciation from 2024 to 2030.
However, the competitive landscape in the housing finance sector is intensifying, with both established players and new entrants vying for market share. BHFL’s ability to maintain its growth trajectory will depend on its strategies to manage competition, sustain asset quality, and adapt to regulatory changes. The company’s low default rates, reported at less than 0.3%, and its focus on creditworthy borrowers are positive indicators of its risk management practices.
In summary, BHFL’s recent financial performance and successful IPO highlight its strong market position and growth potential. While opportunities abound in India’s expanding housing finance market, BHFL’s future success will hinge on its strategic initiatives to navigate competitive pressures and evolving market dynamics.
Share Price Targets:
Bajaj Housing Finance Share Price Target 2025
Based on the above discussion and analysis, the share price of Bajaj Housing Finance Ltd is likely to touch the level of around Rs.150-175 in 2025
Bajaj Housing Finance Share Price Target 2030
Based on the above discussion and analysis, the share price of Bajaj Housing Finance Ltd is likely to touch the level of around Rs.300-350 in 2030
Bajaj Housing Finance Price Target 2035
Based on the above discussion and analysis, the share price of Bajaj Housing Finance Ltd is likely to touch the level of around Rs.550-600 in 2035
Bajaj Housing Finance Price Target 2040
Based on the above discussion and analysis, the share price of Bajaj Housing Finance Ltd is likely to touch the level of around Rs.1000-1200 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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