1. finance

14-OCT-2014
00:44
TO
FROM
002226598237
P.01
j BAJAJ
61 FINSERV
14 October 2014
SEC/BM/2014/546
THE MANAGER,
LISTING DEPARTMENT
NATIONAL STOCK EXCHANGE OF INDIA LTD,
EXCHANGE PLAZA, C-1. BLOCK G,
BANDRA - EURLA COMPLEX, BANDRA (EAST),
MUMBAI - 400 051
Dear Sirs,
,.2
Ref. : BAJFINANCE - EQ
Enclosed please find :
1.
Unaudited Financial Results of the Company for the quarter and sjxth
months ended 30 September 2014, which were taken om recerid by the
11
'11' ''
*,1
Board of Directors at its Meeting held on 14 October 2014, perswant Be
Clause 41 of the listiug agreement.
111.1
2. Copy of Umlted Review Report of the Statutory Auditors ef the -Company on
the Unaudited Finanicial Results for th€ quarter and sixth months ended 30
September 2014.
1
3. Copy of Press Release issued by the Company after the afo,Fesalld sned#M:
Kindl aohnov 0bedge receipt of the same.
Thanking you,
Yours faithfully,
For BAJAJ INANCE LIMITEI „
VE#tal.
ANANT DAMLE
COMPANY SECRETARY
'.
oll
Encl.: As above
Bajaj Finance Limited
Corporate Office: 4th Floor, Bajaj Fin5erv Corporate Office, Off Pline-Ahmednagar Road,
Viman Nagar, Pune 411014. Maharashtra, India
Registered Office'. Mumbal - Pune Road, Akurdi, Pune · 411 035, Maharashtra, India
Tel:
+9120 30405060
Fax: *91 10 30405020
Corporate ID No..
l65910MH1987Pl[042961
www.bajaifinservlending.In
0 il M
14-OCT-2014
00:44
TO
FROM
002226598237
P.02
h BAJAJ
<41 FINSERV
Balal FlnanGe Limited
CIN ; L6591OMM1987PLC042961
Registered Oflid : Akurdl. Pune - 411 035 1 Corporatl Omcl :
4(11
Floor, 88191 Flnserv Corpolate Omre,
Off. Pune - Ahmednagar Road, Vlman Nagar, Pune · 411 014 1 Toi. ' 020-30405060 Fax : 02040405030
mall: Investor,Men,[email protected] I Website: www.balamin*erv,in/linance
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS aNDIED 30 SEPTEMBER 2014
(r In Crgris)
P#ti
Statement of Standalone Unaudlted Risoltifor.'the Qi:*rwr ind'Sbc,Months Ended 30 September 2014
Partlcularm
Funda daptqyed
1
Qup#F
€hialr
Mall Year
Half Year
Year
•ndid
aided
.amd'd
ended
ended
ended
30.09.2014
30,002014
30.09·2013
·30.09:2014
30.00.2013
31.03.2014
(Unaudltd) (Unaud11801 (1:*Mlad) (UnEUMI#
(Unaudited)
(Auditid)
7816.50
9265.88
5100.88
1708238
11449.18
28023.58
1170.25
1180.10
874.20
63.51
87.45
2050.35
125.47
1·761.90
61.98
3788.55
242.87
1232*21
1243.§1
961'el
247412
106.93
107.81
80.84
213.74
8,38
1417
158.75
11.39
540.81
8.40
52.32
162.94
11620
257.81
bwm• km operatiov
(a) Inarrle frarri opem emi
(b) other opentlng Inioml
T tal Immumi f,am oFdoM (nit)
2 Expenses
a) Emplembollotits-=perme
132-07
1889%7
403142
29,19
C) Laan lasaas nd p,ovl*ION
80.02
7.77
82.92
al Marke,Ing·and other oommlwons
8) ReCOVelygOB#
f) Other .Ap/rle'
55.88
69.59
62.81
1 5.27
11 0.10
230.*39
49.71
46.85
41.50
98.58
77.34
110 78 '
95.55
209.68
189.8
167.85
382.58
b) Dep,adatierindamortl tion Ixpmue
3
Olin.t
28,90· '
140883
Total OX,Ile*
39814
425.72
9.20
824.36
, 33
P'rotit i 0 4,*1:*m operdorm Olrorl otllor IncomB and
finan-,.*jiBI:(1-21
83:im
8178
032.45
1681#
immitil
0.62
235
2.33
11.97
843.19
820.24
03478
1603 8
12"3408
Z"BAAO
, =t;=*-„.NU„'1'1.0*Al,Mon-«„.„„'.„.1'.4
2622 19
*
'A4.
41.91
6 Flnanigglk
544.46
499.84
382.08
1044.10
tls.52
1673.24
7
Prollttflcul'frum ut'dil,afy ictivltial gllir flnancg Com 18 - 6)
298.73
320.80
252.70
61933
51'a
91.18
8
Tax mplm
101.tia
109-24
85.86
210.82
178.78
372.15
197.15
211.36
167.04
48881
3.2:711
1719.01
lf.15
21138
167.04
408.51
34%38
718.01
SO.14
49.78
60,14
*18'
50.14
9 Nd PlWiW·fLol=) Imm.*IM,y actl,vi s *Irt#17-1)
10 E,traord yllamB
11
12
13
Net Prilt/.(LO *) fortlop•1 od 10 + 10)
Paid·up<uNshare 3pital
50.14
i
(Facevalim. TIO/-pershill)
ReaarveapludIng,n lu,Uor, I'llfv** 818 per balar,M
3270.12
haet 01 pdaujaccourlting yllr
14
1. Eirrlinglpl ,har•#=fo,iI*ordliny Immj)
(efllok..al,1 (notlmlu-e®
BAIC M
39.82
42AB
33.85
81.97
89.10 144.79
Diluted (Ti
38.16
42.10
33.38
81122
68.56
143.flS
ILEarnings par,Ihil,(thri Daordlnet, 11*m,1
(11 1 10 1. 9*01},[11#Molk,Nililj:
Ba"Ic 91
39.62
42.48
SWO
81.07
89.10
144.79
DIluted M)
39.18
42.liO
88.38
81=
68 8
143.85
19247277
19247277
18883277
19247277
38.39%
38.39%
37:83,6
38.lg96
16863277
37.93%
19247277
38.39%
NII
NII
NII
Nil
N0
NII
NII
Nil
Nn
NII
NO
NII
Nil
Nil
Nil
Im
NII
30895057
100,00%
30895057
308 5057
100.00%
30895057
30895057
100.00%
100.00%
100.00%
30895057
100.00%
81.61%
81.81%
82.07%
81,81%
82-07%
81.81%
paM 11
A
1
Paaculare &8hg<holdill '
Pwbli ibigholding
Numbir of Sh*re$
Plrclrtlge OF $ 18rallaang
2
Promotem and Promotar Group Shilitioldillg
a) Pledged /encumbend
Number of sharm
Pamgniage gf sher*$ (83 a % Of teMI allaraheldingBI
promgtin Ind pmmoorgroup)
Per*entage of )bares (as a % of tile total ahan
NII
1
Capital of tile Campafty)
b) Nor, kimbered
Number of shares
Percentige of shans (1 a % of total sh,rahalaing 01
prumutirs and promotorgroup)
Percenlge d sharas (aa a 96 of the total shan
B
apital of the company)
Parlculsm of Investon implulnb
3 monthi endid 30.092014
Pending at the beginning uf thi quarter
NII
Received during thi quarlit
Diapaaed elf during the quarter
Remaining unmaglved er thB Id gf the Quarter
Page 1 of 2
Bajaj Finance Limited
corporate Office: 4th Floor, Bajaj Flnserv Corporate Office, Off Pune-Ahmednagar Road,
Viman Nager, Pune 411014. Maharashtra, India
Registered Office: Mumbal - Pune Road, Akurdl, Pune - 411035, Maharashtra, India
'513*it,#EFIER
T
61/
11
*
Pili....1
0, Ona
*Ar
\-4,01=15/Y 1/
- <6"
'61.- Pu/e 7156
-- 1
Tel: +91 20 05' www.b.jajfinsen/.in
Fax: +91 20 30405070-Corporate ID No.;
L65910MH1987PLC042961
14-OCT-2014
00:45
TO
FROM
002226598237
P.03
5 BAJAJ
Ul FINSERV
Notas:
1. oladium of Balance Sheet Ilams d Per clattae 41(1)(Ba) 4 the listlrlo sgraament fortia
hall jelr ended 30 Septamb r 2014
NIn Crurd)
SIndale,le Shtimont dA•em ind Uabilm,8
As *t (currant
Hal ¥ir end)
Ai it(Pipvious
Hall Yir 000
30.08=014
30.082013
Partlculn
As *(Prsvloui
Yirend)
31.03.2014
EQUITY AND LIABILmES
A
Shwahelea.'funds
1
SO.14
49.78
50.14
0.21
0.11
0.39
49.93
40.67
49.75
4378.63
3660.05
3970,12
is.li
5.gil
29,01
4383.50
3854.09
3941.11
4413.43
3 08.76
3.0/8
(a) Shsle 98/ital
6,41; MqUIM Shares * '10 Ica held tri a Tnmt forimploywa
undar ESOP Igheme
(6) RIsIMB and aurp|us
Len. premium an unmrdsld equll
6= Edd lA ttwt for
emplayeaii under ESOP *Ii
Sub-tomi - Shir.hold*r*' fundm
2
Nerl-currurvt Ilabllitilt
·
69.89
80.30
123.62
89_12
57.35
110.47
1322028
1.Imle
10645.58
5145.76
542 ET
5472.78
195.92
(b) Other 10,19-tarm Ilakilll
(e) 1.slg-term RAWISIOM
SUD·tot,1- Nan„euMit Ilibilltl
3
Current ll bmtiel
(8) *g*Ilm'bolm i gs
206.00 i 11
tb) Tmde bia
10477.78
2505.47,-r
13038.67
- (8) Lgng•101·m barimdrigs
5837.94
(c) Oth.R 741·|lahtlth
72.80 .
14-10
13 3
Bin
, 1 1 4186.85
126.01
(d) 51'01 »plcvldons
Subatal-Curmnt Illibllit1/
1128230
298*88
lil Jig
TOTAL -BUITY AND UASII_mES
28898121
·2033893
1/818.00
224.88
45.45
218.87
76.10
5-15
6 ASSETD
1
Non- r*nt //
(a) Fix* A Re#
tb) Nom·alri,r,tim, tlnellts
86.76
10887.78
83.15
18481.18
14472,17
10918.13
(e) Long,1 m·learn and.advanus
Suo-mtil· Non•cwnintal-
2
11*34 · 139.16
175.34
(c) D el=dta* =00"
(d) R,ceivelluderil!,ancIng,dvi#
Curnntii -
871.41
10832.70
(a) Curront Inwamen#
(b) Recelvablm·,indm·11,lindi·I ,01 11 ·
(c) CNh arld bankholln:as
·10852,42
112.44
14323Ae
5®.DO .1' 1
28.21
9118.53
»Glls'
82T'.18
4111.48
778,81
(d) Shor*·101•10 laa,18 id advall-
351.62
25344
291.84
Ce) Omer Burrent 888,#
138.11
..95.78
78.72
SUIMO'*f GurTam l.-ta
12415.02
9055.06
10214 1 1
TOTAL.ASSETS
28898.21
20333.83
24§18-00
2 The Mhova results have bBen revi Wed . yeleAllalt Commltlne andapprivd bythi eoliR grvlrlel, In IM me,t 1,10 1 eld 01114OMnber2014 and have biri wbjected to a
Iimiled review by tha Statutory Auditor$.
3 Plgume for the pruvlows ve,iod$ 1,8ve men regrollphd.whamvir nioltal,. to mal ttllmaompambladth tho cll entpalled.
4 Coniquert m the mlivlitrt provi ians d the Companleakt, 20 3 [thi Aot) Doing apptrabla torall bandal yaam immencIng an or afimr 1 April'2014, the Company Ms
re-compwlid depredaearl with Mfemnce to the Ilfe of 85$* slded In and Irl *le marnarpridbad In Sa·ladule 11·# the Act Acco,·Clingly, the Company ha depreclated the
3nying value of aase18 equally Avirthe Mvlld residual life of the asihisigalrmt th, plst Vlottol orprovidInG·depreciation an written dawrl value basis st the tates
apedfled In the er¥6•,illi Schedule Xlv d tha Companies Ad, 1988. 711* 61,*Age do,s flot liaila ,·mald* Impaa 81,·the prellt forthe quarter/ half yir.
8 Th* Company aMII,lu88 to BDBngthen i,8 gruvIEioning Ilorms bayorta me RBI reguIBnon 19 eartler Btages gl delin wengin,
6 me campally Is engaged primarily in thl buNnesa d finaricIng and accordingly there am ne i par le r,port,bll ¥loments I per AeKnUMM Standard 17 dealing with
Segment Repordng.
7 Thg Cpmpiny h,$ daslgrtalad an exdualve e-mall ID viz. invlstor.servlwaebalajflriaargln brlrlvastor grlavance redreasal.
By ord r gfthe Be,#d gf Dit*tot$
For B44 1' |Irid
/90'll.&<,1
/;
odober 2014
*
R.,1.'.1
41# 10201©11
Bajal Firla**,™nit. IlE.,lK
corporgte Office: 4th Floor, Bajaj Flnserv Corporate office, off Pune·Ahmednagar Road,
Viman Nagar, Pune 411014, Maharashtra, India
Registered Office: Mumbal - Pune Road, Akurdl, Pune - 411 035, Maharashtra, India
,*,Nd/1, /)
i
5 >t.
Tel: +91 20 30405
Fax:
*9120 304050
Corpor@te ID No.:
L65910MH1987PLC042961
R661 Balll
Chilrmin
aitinserv.in
*
mM
14-UL 1 -2014
00 : 46
TO
FROM
002226598237
P.04
The Board of Directors
Bajaj Finanoe Limited
Mumbai - Pune Road
Akurdi
Pune - 411035
ended
1. We have reviewed the results of Bajaj Finance Limited (the "Company") for the quarter
the
Quarter
and
Results
for
September 30, 2014 which are included in the accompanying 'Unaudited
date
that
on
as
of
assets
and
liabilities
Six Months Ended 30 September, 2014' and the statement
'Promoter and
(the "Statemenf'), except for the disclosures regarding 'Public Shareholding' and
the
traced
Management
from disclosures made by
Promoter Group Shareholding' which have been
been
prepared
by the
The
Statement
has
but have neither been reviewed nor been audited by us.
which
in
Stock
India,
Exchanges
the
Company pursuant to Clause 41 of the Listing Agreement with
the
Statement
is
responsibility of the
has been initialled by us for identification purposes. This
Committee of Board of
the
Board
of
Directors/
been
approved
by
management
and
has
Company's
our review.
Directors. Our responsibility is to issue a report on the Statement based on
2. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
' Review of Interim Financial
Information Performed by the Independent Auditor of the Entity"
issued by the Institute of Chartered Accountants of India. This Standard requires that we plan
and perform the review to obtain moderate asaurance as to whether the financial statements are
free of material mis$tatement.
3. A review is limited primarily to inquiries of company personnel and analytical procedures applied to
financial data and thus provides less assurance than an audit. We have not performed an audit and,
accordingly, we do not express an audit opinion
4. We have only traced the disclosures regarding 'Public Shareholding' and 'Promoter and Promoter
Group Shareholding' in the Statement from the disclosures made by the Management and are,
therefore, not expressing a review opinion thereon.
5. Based on our review conducted as above, nothing has come to our attention that causes us to
believe that the Statement has not been prepared in all material respects in accordance with the
applicable Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules,
2006 as per Section 211(30) of the Companies Act, 1956 read with the General Circular 15/2013
dated September 13, 2013 of the Ministry of Corporate Affairs in respect of Section 133 of the
Companies Act, 2013 and other recognised accounting practices and policies, and has not disclosed
the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the
manner in which it is to be disclosed, or that it contains any material mIsstatement.
For Dalal & Shah
Firm Registration Number: 102021W
Chartered Accountants
»14»' »-1Anish Amin
Place: Pune
Date: October 14,2014
Partner
Membership Number 40451
14-OCT-2014
00:46
FROM
TO
P.05
002226598237
t BAJAJ
U/ FINSERV
PRESS RELEASE
Baiai Finance Umited Results
-2nd
Quarter FY 14-15
Bajaj Finance reports AUM of US,004 crores. and a quarterly profit after tax of
f197 Crores - A growth of 18% over correspending quarter of previous year.
The Board of Dir6ctors of Bajaj Finance Limited in their meeting held today took on record the
Unaudited Financial Results of the Company for the 2nd qu rter ended 30 September 2014.
Perf.ormance Hijthlights.02
> Total income for Q2 FY15 + 29% to 71,242 Crores from 964
T>
Crores in QI FY'14£ ·.
, ,
Profit after tax for (22 FY15* 18% to r197 Crores from f167 Crores in QZFY14.
Rol
> Customers acquired during QZ FY15 * 42% to 9,78,17 from 6,89,772 in't22 FY14.
11 ,r
> Deployments during (12 FY15 + 50% to 77.816 Crores from r5,200 Crores in QV FY14.
>
Loan losses and provisions for (22 FY15 + 54% toH80 Crores as against 752 Crores in QZ FY14.
>
Gross NPA and Net NPA for'Ql FY15 stood at 1.41% and 0.48% respectively as of 30 September
2014. The Company continues to provide for loan losses in excess of RBI requiremerrts: The
portfolio remained healthy.
-121'
> Capatat ade*lacy ratio (including Tier"11 capital) stood at 19.30%. The company dwring the
quarter raised Tier·11 capital of T453 crores which hel ed augment its capftal adequacy by 125
bps. Thie·Company continues to be well capitalized to I support Its growth trajectory.
.
„N#B
O*'/
1
Bajaj Finance Limited
Corporate Office: 4th Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road,
Viman Nagar, Pune 471014. Maharashtm, India
Registered Omce: Mumbal · Pune Road, Akurdi, Pune - 411035, Maharashtra, India
| Tel: *91 20 30405060
Fax: +91 20 30405020
Corporate ID NO.:
L65910MI·11987PLC042961
wy,/w.bajaifinserv.in
0/5
14-OCT-2014
00:47
FROM
TO
002226598237
P.06
t BAJAJ
719 FINSERV
Key financial fleures
(f in Crores)
(22'14 QoQ Hl'15
Q2'15
Particulars
Hl'14 HOH FY 13-14
978 .i 690 42% 2,230 1,659 34%
Customers acquired (nos in '000)
3,389
Assets under Management
28,004 119,829 41%
28,004
19,829
4196
24,061
Receivables under financting activity
26,751
41%
26,751
18,982
41%
22,971
18,982
1,242
Interest ar d fee income
4,073
964 29% 2,488 1,896 31%
Interest Expemses
544 382 42% 1,044 713 46% 1,573
Net Inter 'Income (Nll)
698
582 20%
Operating Expenses
319
277
80
52
Loan Losses a Provisions
1
1,444
1,183 22% 2,500
15%
662
547 21% 1,151
54%
163
116 41%· 258
18%
619
520
Profit before tax
299
PR,lit after tax
197' 167' 18% 409 343 19% 719
IDeployments
Consumer
5/*E
253
(1 in Crores
02'15 Q2'14 QoQ Ht'15 Hl'14 HOH FY 13-14
48%
13,360
4,147 2.738 51% 9,199 6,228
9.907
2,826 1,824 55% 6,105 3.875 58%
Commercial
750
93
Rwrat
23%
886%
2,680
143
1,332
15
17,082
11,449
49%
26,024
20%
1,635
14 580%
50%
625
Totat deployments , 7,816 5.200
R in
19%
-
1,091
4
77
Crores
-
(12'14
QoQ
FY 13-14
33%
9,328
Assets Under Management (AUM)
Q215
Consumer
11,069
SME
14,995 9,716 54% 12,850
Commercial
1,806
1,797
1%
1,833
134
11
1069%
50
28,004
19,829
41%
24,061
Rural
Total AUM
8,304
**NAll,s
2
Bajaj Finance Limited
Corporate Office: 4th Floor, Bajaj Finserv Corporate Office Off Pune-Ahmednagar Road,
2':St o'2,=.-%=.':,m ,p,ne.
Tel: *91 20 30405060
Fax.
411 035,
+9120 30405020
Maharashtra, India
Corporate ID No.:
l65910MH1987PLC042961
www.bajailinserv.in
Omm
14-OCT-2014
00:48
TO
FROM
P.07
002226598237
h BAJAJ
4-7 FINSERV
The Company intends to purchase, at an arm's length price, from its holding company Bajaj
Ansery Ltd, their wholly owned subsidiary Bajaj Financial Solutions Ltd. together with its
subsidiary, to promote the business of Housing Finance. The said transaction has been
14 October 2014 and is subject to
approved by the Board of Directors in their meeting held on
of
in their meeting to be held on
Bajaj
the
Board
of
Directors
Fimerv
Ltd.
the approval of
14 October 2014.
'594-N)
Irc
81
--1-.-
K.)9
Pune
14 October 2014
-'
For Bajai Finance, 4 1
Ili/1.96 kev Jail
500*CHI Officer
.
fll'11
j'1}1
11'*.1
3
Bajaj Finance Limited
Corporate Office: 4th Floor. Bajaj Finserv Corporate office, off pune-Ahmednagar Road,
%=Z= m,-Mah
a
hal ;'
i, pune
·
411 035,
Maharashtra, India
| Tel: *91 20 30405060
Fax +91 20 30405020
Corporate ID No. :
465910MH1987PLC042961
www. bajajfinserv. in
Ona
TATOI P 1717