Bajaj Finance Q4 preview: PAT may rise 50% YoY; NIM likely to moderate

Despite a slump in non-banking financial companies (NBFCs) sector, analysts remain positive on Bajaj Finance, thanks to strong parentage and robust business model.

Bajaj Finance is slated to declare its March quarter earnings on Thursday wherein the analysts expect up to 50 per cent jump in net profit on year-on-year (y-o-y) basis, mainly due to robust growth in asset quality. 

ICICI Securities, for instance, estimates the consolidated net profit or profit after tax (PAT) for Q4FY19 at Rs 1,143 crore. This would be a 53 per cent y-o-y jump from a profit of Rs 747.5 crore logged in the corresponding quarter of previous fiscal. It had reported a profit of Rs 1,060 crore in the quarter ended December, 2018.

“Q4 is not expected to be