Bajaj Finance Ltd., one of India’s foremost non-banking financial companies, announced its March quarter results on Tuesday, April 29. Alongside its earnings, the company announced a series of corporate actions, which include a bonus issue of shares, a stock split, and both a special and final dividend.
Bajaj Finance stated that the bonus share issue and stock split will be completed on or before June 27, 2025, as per its regulatory filing.
In a major move, the company proposed issuing 4 bonus shares for every 1 share held, subject to shareholder approval. This marks Bajaj Finance’s first bonus issue in 9 years—the last being in 2016 when it offered a 1:1 bonus share.
The board also approved a stock split in the ratio of 1:1, converting each equity share with a face value of ₹2 into two shares of ₹1 each. The company had previously conducted a stock split in 2016, reducing the face value of each share from ₹10 to ₹2 by issuing five shares in exchange for one.
Stock splits are typically employed to enhance share affordability and increase liquidity by expanding the number of outstanding shares.
The board of directors declared a record final dividend of ₹44 per share for FY25, the highest in the company’s history. Furthermore, a special dividend of ₹12 per share was announced, attributed to the one-time gains from the partial divestment of its stake in Bajaj Housing Finance through an IPO last year. Together, this brings the total dividend payout to ₹56 per share.
Bajaj Finance delivered a solid performance this quarter, driven by strong momentum in volumes, assets under management (AUM), operating efficiency, and credit cost control. Profit before tax (PBT), excluding the additional Expected Credit Loss (ECL) provision made for annual model redevelopment, rose by 18% year-on-year, reflecting the underlying strength of the business. Return on Assets (ROA) and Return on Equity (ROE) remained stable, demonstrating continued capital efficiency.
Key operational highlights for the quarter include:
Also Read: Is Bajaj Finance a Fundamentally Strong Share?
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Published on: Apr 30, 2025, 10:28 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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