Latest news with #BHFL
Mint
6 days ago
- Business
- Mint
Recommended stocks to buy today: Top stock picks by market experts for 4 June
Indian stock markets extended their losing streak for a third straight session on Tuesday, 3 June, as weak global cues, stretched valuations, and persistent foreign capital outflows weighed on investor sentiment. The Sensex opened at 81,492.50, slightly higher than its previous close of 81,373.75, but soon tumbled nearly 800 points—or 1%—to hit an intraday low of 80,575.09. The Nifty 50 followed a similar trajectory, opening at 24,786.30 versus the previous close of 24,716.60, before slipping to an intraday low of 24,502.15, also down about 1%. By the end of the day's trading session, the Sensex had shed 636 points, or 0.78%, to end at 80,737.51, while the Nifty 50 closed at 24,542.50, down 174 points, or 0.70%. On to the top stock recommendations for today by some of India's top market experts. . Stocks to trade today, recommended by Trade Brains Portal for 4 June The company operates in two key segments: Enterprise Solutions, which contributes 80% of its revenue, and Trust Services, which accounts for the remaining 20%. eMudhra is uniquely positioned as the only Indian company offering a unified platform for identity, signing, cryptography, and certificate automation. It continues to lead the Indian market in the Trust Services segment, providing a wide range of digital certificates, including digital signature, SSL/TLS, and S/MIME certificates. In FY25, the company's international business grew 57.3% year-on-year, now contributing 62% of total revenue. eMudhra plans to expand further into the European Union in FY26. It also made strategic acquisitions in the U.S., including Ikon and Two95, to strengthen its presence and create cross-selling opportunities in the American market. Financially, eMudhra reported a total income of ₹527.8 crore in FY25, up 38.9% YoY, driven by strong global demand for its services and solutions. Adjusted EBITDA rose 15.7% YoY to ₹141.3 crore, with a 4-year CAGR of 35%. Adjusted PAT stood at ₹94.6 crore, up 17.3% YoY, with a robust margin of 17.9%. The company remains debt-free, with cash and cash equivalents of ₹188.56 crore as of FY25. In FY25, BHFL surpassed ₹1 lakh crore in assets under management (AUM), reaching ₹1,14,684 crore. Its AUM is well-diversified: home loans make up 56.2%, lease rental discounting 19.1%, developer finance 12.5%, loans against property 10.7%, and other segments the remaining 1.5%. The company now operates 216 branches across 174 locations in 22 states. Since FY18, BHFL's AUM has grown at a staggering 64% CAGR. Total income in FY25 rose 25.7% YoY to ₹9,576 crore, while loan disbursements increased 25% YoY to ₹14,254 crore. Profit after tax for the year stood at ₹2,163 crore, also up 25%. The operating expense (OPEX) ratio has improved dramatically—from 74.6% in FY18 to 20.8% in FY25—reflecting strong cost control. Return on equity has strengthened to 13.4% in FY25 from 7.8% in FY21. Asset quality remains robust, with gross NPAs at just 0.11% and a provision coverage ratio of 60%. Net interest margin remains healthy and stable at 4% in Q4FY25. Looking ahead, management has guided for 24–26% AUM growth over the medium term. The OPEX ratio is expected to fall further to 14–15%, and ROE is projected to improve to 13–15%. GNPA levels are expected to remain within 40–60 basis points. Leverage, currently at 5.2x, is targeted to increase to 7–8x, while the debt-to-equity ratio stood at 4.1x in FY25. BHFL plans to invest aggressively in its Strategic Business Units and expand into non-metro markets in FY26 to sustain its growth momentum. Two stock recommendations for today, 3 June, by MarketSmith India Why it's recommended: Strong R&D capability, robust financial position. Key metrics: P/E: 13.74 | 52-week high: ₹ 274.70 | Volume: ₹155.17 crore Technical analysis: Reclaimed its 200-DMA Risk factors: Volatile raw material prices, monsoon dependency, and environmental compliance Buy at: ₹208.42 Target price: ₹240 in three months Stop-loss: ₹195 Why it's recommended: Diversified revenue streams, strategic expansion plans. Key metrics: P/E: 13.45 | 52-week high: ₹677 | Volume: ₹103.13 crore Technical analysis: Bullish flag pattern breakout Risk factors: Commodity price volatility Buy at: ₹551 Target price: ₹610 in three months Stop-loss: ₹525 Here are three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader MarketSmith India: Trade name: William O'Neil India Pvt. Ltd; Sebi-registered research analyst registration number: INH000015543 Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
30-04-2025
- Business
- Business Standard
Bajaj Finance Q4 PAT rises 17% YoY to Rs 4,480 cr; recommends final dividend of Rs 44/sh
Bajaj Finance reported 17.12% jump in consolidated net profit to Rs 4,479.57 crore on 23.68% rise in total income to Rs 18,468.74 crore in Q4 FY25 over Q4 FY24. The consolidated results of Bajaj Finance include the results of its wholly owned subsidiaries, Bajaj Housing Finance (BHFL) and Bajaj Financial Securities (BFinsec), and its associate companies, Snapwork Technologies and Pennant Technologies. Operating expenses rose 19.62% to Rs 3,950 crore in Q4 FY25 as compared to Rs 3,302 crore posted in the corresponding quarter last year. Net interest income jumped 22.38% to Rs 9,807 crore for Q4 FY25 from Rs 8,013 crore reported in Q4 FY24. Operating expenses to net total income for Q4 FY25 were 33.1%, as against 34% in Q4 FY24. Loan losses and provisions during the quarter amounted to Rs 2,329 crore (up 77.78% YoY). Profit before tax in Q4 FY25 stood at Rs 5,647.38 crore, up 10.62% from Rs 5,105.08 crore posted in Q4 FY24. The number of new loans booked during the quarter grew by 36% to 10.70 million as against 7.87 million in Q4 FY24. Customer franchise stood at 101.82 million as of 31 March 2025, as compared to 83.64 million as of 31 March 2024, up 22% YoY. Customer franchise grew by 4.70 million in Q4 FY25. The NBFCs consolidated deposits book jumped 19% YoY and stood at Rs 71,403 crore as of 31 March 2025. Assets under management (AUM) grew by 26% to Rs 416,661 crore as of 31 March 2025 from Rs 3,30,615 crore as of 31 March 2024. AUM grew by 18,618 crore in Q4 FY25. On the asset quality front, gross NPA and net NPA stood at 0.96% and 0.44%, respectively, as of 31 March 2025, compared to 0.85% and 0.37% as of 31 March 2024. The company maintained a provisioning coverage ratio of 54% on stage 3 assets as of 31 March 2025. The NBFC's annualized return on average assets (ROA) stood at 4.6% in Q4 FY25 as compared with 4.8% reported in Q4 FY24. Return on average equity (ROE) stood at 19.1% in the fourth quarter of FY25 as compared with 20.5% posted in Q4 FY24. The capital adequacy ratio (including Tier-II capital) as of 31 March 2025 was 21.93%. The Tier-I capital was 21.09%. Meanwhile, the companys board has declared a special interim dividend of Rs 12 per share for the financial year ended 31 March 2025. The dividend will be credited or dispatched on or around 26 May 2025. The record date for determining eligible shareholders has been set as 9 May 2025. Further, the companys board has recommended a final dividend of Rs 44 per share for the financial year ended 31 March 2025. If approved by shareholders at the upcoming Annual General Meeting, the dividend will be credited or dispatched on or around 28 July 2025. The record date for determining eligible shareholders has been set as 30 May 2025. Furthermore, the companys board has proposed splitting each equity share of face value Rs 2 into two shares of face value Rs 1 each (fully paid-up). Additionally, the company has proposed issuing bonus shares in a 4:1 ratio, meaning shareholders will receive four bonus shares of Rs 1 each for every one share they currently hold. Bajaj Finance is one of Indias leading and most diversified financial services companies. The company is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME, and commercial customers with a significant presence. The counter tumbled 5.29% to Rs 8,608.05 on the BSE.
