Bajaj Finance: AI-Driven Transformation Targeting 200M Customers

·

Bajaj Finance Investment Analysis

Bajaj Finance Limited (BFL)

Value Pick Best Share to buy for long term

Investment Thesis

Bajaj Finance Limited ( BSE: 500034 NSE: BAJFINANCE ) stands as a market leader in the non-banking financial sector (NBFC), demonstrating consistent growth, innovation, and adaptability. The company’s transition into “BFL 3.0,” a FINAI company, emphasizes AI integration across operations, which is expected to drive significant operational efficiency, cost savings, and improved customer engagement. With an ambitious target of achieving ₹4 lakh crore AUM by FY25 and a long-term vision of reaching ₹5 lakh crore AUM by FY29, BFL is well-positioned to sustain its industry dominance.

Key Financial Metrics

Market Cap

₹4,44,569 Cr

Stock Price

₹7,182

ROE

22.1%

ROCE

11.9%

Additional Financial Indicators

Book Value ₹1,402
Dividend Yield 0.50%
Net NPA 0.37%
3-Year Sales CAGR 27.3%
Operating Profit Margin 69.6%

Future Growth Drivers

AI-Driven Transformation

Implementation of AI across operations with projected annual savings of ₹150 Cr from FY26, enhancing underwriting processes and customer experience through personalized recommendations.

Customer Expansion Strategy

  • Current customer base: 92.1 million
  • Target by FY29: 200+ million customers
  • Focus on underrepresented geographies (UP, Bihar)
  • Enhanced MSME segment penetration

Green Finance Initiatives

Commitment to finance ₹2,000 Cr worth of solar and EV projects by FY26, aligning with India’s sustainability goals and tapping into emerging markets.

Technology & Infrastructure

Digital Transformation

  • Multi-cloud orchestration implementation
  • Blockchain integration for secure transactions
  • 40 critical applications to become cloud-agnostic
  • Zero Trust security framework implementation

Financial Projections

FY29 Targets

AUM Target ₹5+ lakh crore
Customer Base 200 million
App Downloads 150 million
Location Presence 5,500 locations

Valuation & Investment Recommendation

Valuation Metrics

Current PE Ratio 28.9x
Fair Value Range ₹7,500-₹8,000
Expected EPS CAGR ~20% (3-5 years)

Investment Rating: BUY

Time Horizon: Medium to Long Term

BFL’s leadership position, technological innovation, and expansion into high-growth segments make it an attractive investment opportunity at current levels.

Disclaimer: This report is for informational purposes only and does not constitute investment advice. Investors should conduct their own analysis or consult a financial advisor before making investment decisions. Past performance is not indicative of future results.

Value Picks fin.ctoi.in
Value Picks fin.ctoi.in
Value Picks

Dont Miss our Value picks

SUBSCRIBE TO OUR NEWSLETTER to Get short term, long term and multi-bagger

We don’t spam! Read our privacy policy for more info.

Value Picks fin.ctoi.in
Value Picks fin.ctoi.in
Value Picks

Dont Miss our Value picks

SUBSCRIBE TO OUR NEWSLETTER to Get short term, long term and multi-bagger

We don’t spam! Read our privacy policy for more info.

Comments

Leave a Reply