Bajaj Finance Ltd's AUM stood at Rs. 159,000 crore as of June 30, 2021

Bajaj Finance Limited has announced the financial performance on a consolidated basis with respect to the quarter ended 30 June 2021:

- Customer franchise as of 30 June 2021 stood at 50.5 MM as compared to 43.0 MM as of 30 June 2020. The Company acquired 1.9 MM new customers in Q1 FY22 as compared to 0.5 MM in Q1 FY21.

- New loans booked during Q1 FY22 were 4.6 MM as compared to 1.8 MM in Q1 FY21.

- Assets under management (AUM) stood at approximately ₹ 159,000 crore (including IPO financing receivable of approximately₹ 2,900 crore) as of 30 June 2021 as compared to ₹138,055 crore as of 30 June 2020. AUM in Q1 FY22 grew by approximately ₹ 7,100 crore (₹ 4,200 crore excluding IPO financing receivable).

- Consolidated liquidity surplus stood at approximately ₹ 10,900 crore as of 30 June 2021. The Company's liquidity position remains strong.

- The Company continues to remain well capitalized with capital adequacy ratio (CRAR) of approximately 28.6% as of 30 June 2021.

- The Company's deposit book stood at approximately ₹ 28,000 crore as of 30 June 2021 as compared to ₹20,061 crore as of 30 June 2020. Deposit book in Q1 FY22 grew by approximately ₹2,200 crore.

The above information with reference to 30 June 2021 is provisional and subject to limited review by the statutory auditors of the Company.

Shares of Bajaj Finance Limited was last trading in BSE at Rs.6203.45 as compared to the previous close of Rs. 6071.85. The total number of shares traded during the day was 119992 in over 12061 trades.

The stock hit an intraday high of Rs. 6340 and intraday low of 6050. The net turnover during the day was Rs. 746255310.

Source : Equity Bulls

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