Bajaj Finance Q3 FY25 Update: Posts 28% AUM Growth, Hits Record High in Customer Additions

Bajaj Finance, a leading non-banking financial company (NBFC), announced its business updates for the October-December 2024 quarter in an exchange filing on Friday, January 3. The company reported strong growth across assets under management (AUM), deposits, and customer acquisition.

AUM Surges 28% YoY

The NBFC’s assets under management (AUM) grew by 28% year-on-year (YoY) to ₹3.98 lakh crore as of December 31, 2024, compared to ₹3.10 lakh crore as of December 31, 2023. Bajaj Finance added ~₹24,100 crore to its AUM during Q3 FY25, reflecting its strong business momentum.

Deposits Book Expands by 19%

Bajaj Finance’s deposits book stood at approximately ₹68,800 crore as of December 31, 2024, up 19% YoY from ₹58,008 crore a year ago. This growth underscores the company’s ability to attract and retain investor confidence in its fixed deposit products.

Record-High Loan Bookings

The company achieved its highest-ever quarterly loan bookings, recording 12.06 million new loans in Q3 FY25, a 22% increase YoY from 9.86 million loans booked in the same period last year.

Customer Franchise Growth Hits New Peak

Bajaj Finance’s customer franchise surged to 97.12 million as of December 31, 2024, compared to 80.41 million as of December 31, 2023, marking a 21% YoY growth. The company added 5.03 million customers in Q3 FY25, the highest-ever quarterly increase in its customer base.

Stock Performance 

On January 06, 2025, Bajaj Finance share price traded 2.07% higher at ₹7,564.65 at 10:11 AM (IST). Bajaj Finance share price reached a 52-week high of ₹7,829.95 on January 01, 2024, and a 52-week low of ₹6,190.15 on March 06, 2024. As per BSE, the total traded volume for the stock stood at 0.32 lakh shares with a turnover of ₹24.18 crore.

At the current price, Bajaj Finance shares are trading at a price-to-earnings (P/E) ratio of 29.42x, based on its trailing 12-month earnings per share (EPS) of ₹251.93, and a price-to-book (P/B) ratio of 5.79, according to exchange data.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.