Bajaj Finance (BOM:500034) Gross-Profit-to-Asset % : 9.79% (As of Mar. 2024)

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What is Bajaj Finance Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Bajaj Finance's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹367,901 Mil. Bajaj Finance's average Total Assets over the quarter that ended in Mar. 2024 was ₹3,757,416 Mil. Therefore, Bajaj Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.79%.

Bajaj Finance Gross-Profit-to-Asset % Historical Data

The historical data trend for Bajaj Finance's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bajaj Finance Gross-Profit-to-Asset % Chart

Bajaj Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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10.99

9.54

10.49

11.06

10.55

Bajaj Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															10.59	11.52	10.40	10.97	9.79

Competitive Comparison of Bajaj Finance's Gross-Profit-to-Asset %

For the Credit Services subindustry, Bajaj Finance's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bajaj Finance's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Bajaj Finance's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Bajaj Finance's Gross-Profit-to-Asset % falls into.

Bajaj Finance Gross-Profit-to-Asset % Calculation

Bajaj Finance's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	343263.2	/	( (2752286.7	+	3757416.2)	/ 2 )
	=	343263.2	/	3254851.45
	=	10.55 %

Bajaj Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	367901.2	/	( (0	+	3757416.2)	/ 1 )
	=	367901.2	/	3757416.2
	=	9.79 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Bajaj Finance Gross-Profit-to-Asset % Related Terms

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Bajaj Finance (BOM:500034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Bajaj Finance Ltd (BOM:500034) » Definitions » Gross-Profit-to-Asset %

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BAJFINANCE:India

Address

Off Pune-Ahmednagar Road, 4th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014

Website

https://www.bajajfinserv.in

Bajaj Finance Ltd is the holding company for various financial services businesses under the Bajaj Group, which operates in India. The company services myriad customers by providing solutions for asset acquisition through financing. The company also makes investments in renewable energy through one of its subsidiaries. It operates under a single reportable segment, financing. Among its lending operations, the company is engaged in consumer lending, commercial lending, loans against securities, mortgages, and lending to small and medium enterprises. All of its revenue is generated from India.

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