Bajaj Finserv Limited · NSE:BAJAJFINSV
Bajaj Finserv — Investor Presentation (May 2025)
83 slides from Bajaj Finserv's investor presentation, May 10, 2025
Slide 1: Intimation under Regulation 30 – Investors Presentation
10 May 2025 To To Corporate Relations Department. Corporate Listing Department. BSE Limited National Stock Exchange of India Ltd 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor Rotunda Building, P J Tower, Plot No.C-1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai 400 001 Bandra (
Slide 2: Bajaj Finserv Limited International Investor Presentation – FY25
BAJAJ FINSERV LIMITED International Investor Presentation – FY25 1 INR to USD conversion rate of 87 used across the deck
Slide 3: Bajaj Group Structure
Bajaj Group Structure Bajaj Finserv Limited (Listed) 51.39%1 74%^ 74%^ 80.10% 100% 100% Bajaj Finserv Health Bajaj Allianz General Bajaj Allianz Life Bajaj Finance Limited Bajaj Finserv Direct Limited (Including Bajaj Finserv Asset Insurance Company Insurance Company (Listed)* Limited Vidal Healthca
Slide 4: Bajaj Finserv's Vision – A diversified financial services group
Bajaj Finserv’s Vision – A diversified financial services group with a pan-India presence Life cycle Family, Health & Investment/ needs of Asset acquisition Asset protection Income Wealth Retirement Individual & SME Protection management customers Loan (Personal, General Insurance, General, Health &
Slide 5: Customer Lifecycle Partner
Customer Lifecycle Partner & CON IPS SH ERVICES L E NS U M E R TN DED S DI ER Created a strong market for Enablers through payments, rewards R P AE A D Digital NG consumer lending products for Utilities and partnership for granular and A L U Consumption individual, households and MSMEs seamless cust
Slide 6: Role of Bajaj Finserv
Role of Bajaj Finserv Collaboration and Customer Experience, Business Risk One Finserv Talent Best Practice Investments, ESG ▪ Rigorous engagement ▪ Harmonization of risk ▪ Group Knowledge ▪ One Finserv – Group ▪ Defining Customer in Long Range Planning policies and Forums – Analytics, Talent mobili
Slide 7: BFS Group Company Milestones in the year gone by
BFS Group Company Milestones in the year gone by BAJAJ HOUSING FINANCE BAJAJ FINSERV HEALTH BAJAJ FINANCE Largest NBFC in India*; crossed Strategic acquisition of 100 MM customer franchise Successful IPO of USD 754 MM Vidal Healthcare Transition to FINAI underway BAJAJ AMC BALIC BAGIC Fastest-growin
Slide 8: Our aspiration: Long Range Strategy for 2024-29
Our aspiration: Long Range Strategy for 2024-29 Bajaj Finserv (Consolidated) Total Income Profit After Tax Customer Franchise (USD Thousand MM) (USD Thousand MM) (in MM) 2.3 34.5 200 0.9 90 12.6 2024 2029 2024 2029 2024 2029 Efficient capital Lifecycle partner Customer Obsession Culture & people uti
Slide 9: BFS culture wheel – Leadership mindsets
BFS culture wheel – Leadership mindsets Consistent Con fy tin uo pli us Sim Tr ion Gro to s an s wt se ate sfo b h O rm ov M er Inn atio ind tom set n Cus Founders Ethos ible Tal s on e D ev g nt sp h in B ui ld e Re e lo g tT & r B ein p gh De Ri le g h e ate oT D O utperformance 8
Slide 10: One Finserv – Building Group Leadership
One Finserv – Building Group Leadership One Finserv – Group Level Talent & Succession Management Initiatives All employees across BFS are assessed across 3 dimensions – performance, potential, and leadership mindsets aligned with the culture wheel Group level common job structures and job evaluation
Slide 11: Our Reach
Our Reach BAJAJ HOUSING BAJAJ FINANCE FINANCE LIMITED 4,263 Locations 174 Locations (Urban: 1,582 | Rural: 2,681) 224,000+ POS 216 Branches (Active point of sale) BAJAJ ALLIANZ LIFE INSURANCE BAJAJ ALLIANZ GENERAL INSURANCE 597 Branches 221 Branches 161,000+ Individual Agents 200+ Corp. Agents and B
Slide 12: Returns to shareholders BFS and BFL
Returns to shareholders BFS and BFL • BFL included in Nifty 50 index from Sep 2017 Bajaj Finserv & Bajaj Finance • BFL included in S&P BSE Sensex from Dec 2018 On 28 April 2025, BFL announced sub-division of face value of shares from ₹2 to ₹1 paid-up Change in the Share Price of BFS and BFL vs Nifty
Slide 13: Bajaj Finserv – Consolidated Financial Highlights
Bajaj Finserv – Consolidated Financial Highlights All Figures in USD MM Particulars FY20 FY21 FY22 FY23 FY24 FY25 YoY Growth 5 yr CAGR Financial Snapshot Life Insurance (GWP) 1,121 1,382 1,854 2,237 2,649 3,122 18% 23% General Insurance (GWP) 1,475 1,451 1,585 1,780 2,371 2,481 5% 11% Retail Finance
Slide 14: Bajaj Allianz General Insurance Company Ltd.
BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LTD. 13
Slide 15: BAGIC – Key Strategic Differentiators
BAGIC – Key Strategic Differentiators STRATEGY Strive for market share growth in chosen business segments through a well-diversified product portfolio and multi- channel distribution supported by prudent underwriting. Emphasis on profitable growth. DIFFERENTIATORS ▪ Industry leading combined ratios
Slide 16: BAGIC - Key Financial metrics vs industry
BAGIC - Key Financial metrics vs industry All Figures in USD MM Particulars BAGIC Industry GWP Growth - 5 Year CAGR 13.2% 10.1% COR - 5 Year average 99.6% 117.5% Total Cost to NWP - 5 year average 27.7% 31.4% Cumulative UW Profit 5 years (3) (15,179) Cumulative PAT for 5 years 755 (26) Return on Equ
Slide 17: BAGIC – Growth compared to industry
BAGIC – Growth compared to industry All Figures in USD MM GDPI Trend GDPI excluding Crop & Govt. health Trend BAGIC Growth 9% 12% 33% 5% BAGIC Growth 9% 15% 20% 8% Private Growth 15% 21% 19% 7% Private Growth 16% 22% 18% 8% PSU Growth 5% 10% 9% 6% 7% 8% 8% 8% PSU Growth Industry Growth 11% 17% 16% 6
Slide 18: BAGIC – Combined Ratio V/s Peers
BAGIC – Combined Ratio V/s Peers Combined Ratio 118.0% 120.4% 115.3% 115.5% 109.9% 99.6% 100.5% 99.9% 101.8% 96.9% FY 21 FY 22 FY 23 FY 24 9M FY 25 BAGIC Industry • With effect from 1st October 2024 Long-term Products are accounted on 1/n basis (‘n’ being contract duration), as mandated by IRDAI • T
Slide 19: BAGIC – Balanced Product Mix
BAGIC – Balanced Product Mix Business Mix 8% 9% 9% 7% 8% 1% 1% 6% 14% 15% 20% 18% 15% 14% 10% 18% 19% 19% 17% 17% 9% 12% 10% 6% 14% 15% 6% 6% 5% 5% 38% 35% 35% 29% 30% FY 21 FY 22 FY 23 FY 24 FY 25 Motor Retail Health Group Health Property, Liability and Engineering Agri (Crop Insurance) Government
Slide 20: BAGIC – Diversified Distribution Mix
BAGIC – Diversified Distribution Mix Channel Mix 27% 30% 25% 31% 36% 42% 42% 48% 35% 45% 3% 2% 2% 3% 2% 10% 10% 10% 10% 9% 18% 16% 15% 16% 13% FY 21 FY 22 FY 23 FY 24 FY 25 Individual Agents Corporate Agents - Banks Corporate Agents - Others Brokers Direct Business Bancassurance Agency & Retail OEMs
Slide 21: BAGIC – Capital, ROE & Investment Performance
BAGIC – Capital, ROE & Investment Performance All Figures in USD MM BAGIC - Capital Invested - Networth ROE (Annualized) AUM Mix No Capital infusion Excess capital is USD since FY08 684 MM FY 25 22.4% 1% 16.0% 1% 1,437 FY 25 1,405 23.0% 32 FY 24 1,319 15.2% FY 24 1,287 32 24.7% FY 23 15.0% 1,127 FY
Slide 22: BAGIC – Customer obsession
BAGIC – Customer obsession BAGIC Net Promoter Score* 75 72 70 69 70 68 65 63 FY 21 FY 22 FY 23 FY 24 Health Motor Consistently rated highest in terms of Relationship NPS amongst all top competitors Total Grievances# per 10,000 New Policies 2.66 2.76 2.46 2.42 2.51 1.05 0.92 0.71 0.73 0.77 FY 21 FY 2
Slide 23: Key Technology & Customer Initiatives of FY 2025 – [1/2]
Key Technology & Customer Initiatives of FY 2025 – [1/2] Digital Journey Metrics Digital Servicing @ 81.8% (55% through AI BOTs) Digital Issuance @ 96.2% 2024 2025 • 176 MM BOT messages exchanged • RPA for Issuance: Enabled 39 processes, till 2024 2025 • 1 / 2 customers are served by AI BOT, (Chatbo
Slide 24: Key Technology & Customer Initiatives of FY 2025 – [2/2]
Key Technology & Customer Initiatives of FY 2025 –[2/2] Existing Digital Capabilities Enhanced & Scaled-up Website Caringly Yours App* Our website is now available in 7 different languages for Our Customer facing app remains amongst the most used app our customers in Insurance Industry 5.37 MM Total
Slide 25: BAGIC – Risk Management
BAGIC – Risk Management ▪ 96.3% of the debt portfolio in AAA and sovereign assets and 87.9% of Equity in Nifty 50 stocks & 95.8% in BSE100 stocks. Asset Quality ▪ Oversight by Board & Executive Investment Committee and Group level investment forum ▪ Robust ALM position ▪ Superior underwriting capabi
Slide 26: Bajaj Allianz General Insurance – Financial Highlights
Bajaj Allianz General Insurance – Financial Highlights All Figures in USD MM Particulars FY20 FY21 FY22 FY23 FY24 FY25 YoY Growth 5 yr CAGR Financial Snapshot Capital Infused including premium till date 32 32 32 32 32 32 0% 0% Assets under Management 2,155 2,661 2,831 3,196 3,586 3,806 6% 12% Net Wo
Slide 27: BAGIC aspiration: Long Range Strategy for next 5 years
BAGIC aspiration: Long Range Strategy for next 5 years Maintain a Consistently balanced & maintain GWP growth Industry Best diversified ROE of over highest NPS and higher than Combined Ratio distribution & 25%* lowest Industry (CoR) product grievance ratio portfolio in Industry General Insurance is
Slide 28: Bajaj Allianz Life Insurance Company Ltd.
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. 27
Slide 29: BALIC – Key Strategic Differentiators
BALIC – Key Strategic Differentiators STRATEGY • Continued focus on sustainable and profitable growth by maintaining balanced product mix and investment in retail growth engines • Business construct is to maximize customer benefits while gaining market share in retail space, maintaining shareholder
Slide 30: BALIC - Key Financial metrics vs industry
BALIC - Key Financial metrics vs industry All Figures in USD MM Particulars BALIC Industry RWRP Growth - 5 Year CAGR 29% 10% GWP Growth - 5 Year CAGR 21% 10% Solvency ratio 432% 200% AUM Growth – 5 Year CAGR 14% 14% VNB* - 5-year CAGR 47% 21% • Fastest Growing Private Life Insurance Company Amongst
Slide 31: BALIC – Growth across key metrics
BALIC – Growth across key metrics All Figures in USD MM New Business Renewals GWP 1,709 CAGR – 18% CAGR – 27% CAGR – 23% 3,122 1,413 1,321 2,649 1,234 1,327 1,050 2,237 1,003 1,854 726 804 657 1,382 FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 VNB and NBM
Slide 32: BALIC – Diversified Distribution Mix
BALIC – Diversified Distribution Mix Institutional Business - Building sustainable business through strong integration with partners Commercial and Other Banks Others Agency BALIC Direct Focus on profitability and driving higher traditional Mix Analytics backed, focused verticals for upsell and cros
Slide 33: BALIC – Retail weighted received premium by channel
BALIC – Retail weighted received premium by channel All Figures in USD MM Whole company Agency 812 727 293 293 599 244 424 171 126 284 FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 Institutional Business BALIC Direct 414 106 348 86 299 214 57 39 127 30 FY 21 FY 22 FY 23 FY 24 FY 25 FY
Slide 34: BALIC – Growth in Retail weighted received premium
BALIC – Growth in Retail weighted received premium All Figures in USD MM RWRP Trend BALIC Growth 49% 41% 21% 12% Pvt Market Growth 22% 24% 8% 15% Overall Industry Growth 16% 19% 5% 10% 5.8% 5.9% BALIC Market Share* 3.3% 4.2% 5.0% 13,836 12,526 11,949 10,066 9,773 8,696 8,491 7,860 6,331 5,194 812 72
Slide 35: BALIC - Product mix
BALIC - Product mix Product Mix 31% 41% 39% 39% 45% 7% 2% 3% 6% 11% 6% 4% 5% 3% 6% 42% 24% 29% 27% 21% 27% 23% 20% 24% 17% FY 21 FY 22 FY 23 FY 24 FY 25 Par Non Par Saving Non Par Protection Annuity Unit Linked Based on RWRP – Retail Weighted Received Premium - (100% of first year premium & 10% of s
Slide 36: BALIC – Bridging the Protection Gap
BALIC – Bridging the Protection Gap All Figures in USD MM Retail Protection (NBP) Group Protection (NBP) 45 301 263 273 266 28 184 19 17 13 FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 • Retail Protection grew by 63% to USD 46 MM in FY2025 vs USD 28 MM in FY2024. • Retail Protection h
Slide 37: BALIC – Persistency
BALIC – Persistency Persistency - 13th Month Persistency - 25th Month 84% 74% 73% 73% 74% 82% 83% 83% 71% 80% FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 Persistency - 37th Month Persistency - 49th Month Persistency - 61st Month 66% 67% 64% 64% 63% 64% 64% 62% 61% 52% 52% 48% 50% 54%
Slide 38: BALIC – Number of policies
BALIC – Number of policies In Force Policies (Retail) Retail NOP 38,05,037 7,79,076 35,09,451 7,46,555 32,35,240 29,61,166 30,25,662 6,13,205 4,74,974 4,27,003 FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 Retail in-force policies (excl. reduced paid up policies), NOP – No. of Policies
Slide 39: BALIC – Capital and assets under management
BALIC – Capital and assets under management All Figures in USD MM Net worth AUM AUM Mix - Non Unit Linked 4% No Capital infusion Excess capital is USD since FY08 768 MM 14,222 Corporate 14% Bonds 28% 12,624 G-sec 1,257 1,280 1,234 1,240 1,253 Equity 10,412 9,842 Others 8,790 54% 8,480 7,596 1,141 6,
Slide 40: BALIC – Value of New Business (VNB) Update
BALIC –Value of New Business (VNB) Update All Figures in USD MM Particulars FY 20 FY21 FY22 FY23 FY24 FY25 Annualized Premium (ANP)* 264 336 501 703 836 913 Present Value of Gross Premium (PVGP)** 1,327 1,763 2,584 3,432 4,034 4,407 Value of New Business (VNB)** 26 41 72 109 122 132 Net New Business
Slide 41: BALIC – Performance of Key Digital Assets & New Tech Initiatives
BALIC – Performance of Key Digital Assets & New Tech Initiatives 1.14 MM transactions completed Annualized Premium with a 32% increase in sessions generated- USD 1.66 MM across all business channels. over FY24 1.54 MM Active Users with a 10% ~26K active employees, with increase over FY24 97.06% adop
Slide 42: BALIC – Risk Management
BALIC – Risk Management ▪ Prudent assumptions built in product pricing. Product Pricing ▪ Stress and multi - scenario testing of pricing ▪ Regular review of pricing based on prevailing interest rates ▪ Prudent interest rate assumptions to ensure adequacy of statutory reserves ▪ Periodic product cond
Slide 43: Bajaj Allianz Life Insurance – Financial Highlights
Bajaj Allianz Life Insurance – Financial Highlights All Figures in USD MM Particulars FY20 FY21 FY22 FY23 FY24 FY25 YoY Growth 5 yr CAGR Financial Snapshot Capital infused including premium 139 139 139 139 139 139 0% 0% Net Worth 1,118 1,234 1,257 1,240 1,280 1,253 -2% 2% Assets under management (AU
Slide 44: Transformation Journey: Robust delivery across key metrics
Transformation Journey: Robust delivery across key metrics KPIs FY 2017 Key Interventions FY 2025 • Investments across distribution channels Market share 3.5% 8.3% • Break to grow strategy in proprietary channels (RWRP) (among private players) • Deepening through identification of whitespaces (among
Slide 45: BALIC aspirations – Long Range Strategy for next 5 years (BALIC 2.0)
BALIC aspirations – Long Range Strategy for next 5 years (BALIC 2.0) KPIs – BALIC v2 FY 2025 Aspiration Market share 8.3% Continue to gain Market share with (RWRP) (among private players) Topline growth of ~2X the industry Protection Contribution Contribution Business 6% of RWRP ~10% of RWRP Stable
Slide 46: Bajaj Finserv Health Ltd.
[3 FINSERV BAJAJ B FINSERV BAJAJ) BAJAJ FINSERV HEALTH LTD. 45
Slide 47: Bajaj Finserv Health – Key Strategic Differentiators
Bajaj Finserv Health – Key Strategic Differentiators STRATEGY • Digital first Health Tech company providing differentiated products & services on a digital platform to all Payers like Insurers, Corporates, Government and more, through bilateral network arrangement with all Providers • Cover Wellness
Slide 48: Bajaj Finserv Health - Business Model
Bajaj Finserv Health- Business Model Bajaj Finserv Health only player to offer integrated OPD, IPD and Wellness experience from same platform. With new capabilities and services to solve for challenges in the healthcare ecosystem Network Stack Health data insights Payer Stack for Cognitive Doctors d
Slide 49: Bajaj Finserv Health + Vidal Health Landscape
Bajaj Finserv Health + Vidal Health Landscape Bajaj Finserv Health & Vidal Health# TPA Services – Services to TPA Services – TPA Services – Ayushman OPD Services International Corporate Retail Bharat Insurers • PUM of USD • GMV of USD • PUM of USD • PUM of USD 59 396 MM • GMV of USD 17 207 MM 160 MM
Slide 50: Business segments aligning towards Integrated Healthcare Platform
Business segments aligning towards Integrated Healthcare Platform Align the operations into 6 vertical business segments, having differentiated products and distinct go to market strategy to deliver value to stakeholders Employer-Employee Services to Govt Retail Products to Value Add Products Techno
Slide 51: Consumer Stack Metrics
Consumer Stack Metrics Healthcare Transactions Key Developments in FY 2025 28,20,118 24,32,048 22,98,163 21,45,347 10,66,929 • Go live with a Standalone Health Insurer to power 4,81,707 7,85,934 7,21,756 their Consumer App and servicing OPD products. 5,41,048 5,41,926 5,31,623 6,06,719 This is our 7
Slide 52: Network Stack Metrics
Network Stack Metrics Doctor Network Dental Network 1,26,759 86,044 86,225 86,450 86,928 1,05,367 9,27,546 92,022 91,695 5,72,509 5,16,052 4,36,578 21,874 21,993 22,095 22,395 5,617 6,894 7,845 9,970 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 25 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 25 Doctor Network Hospital Doct
Slide 53: Bajaj Finserv Health Ltd. – Financial Snapshot
Bajaj Finserv Health Ltd. – Financial Snapshot All Figures in USD MM Particulars Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 YTD FY25 Total Income 24 27 27 25 103 PAT (6) (4) (5) (5) (19) Capital infused (as on 31 Mar 2025) 129 (Infused during the year) (50) Net Worth (as on 31 Mar 2025) 47 Consolidated Revenue
Slide 54: Bajaj Finserv Direct Ltd. – Bajaj Markets & Bajaj Technology Services
Bajaj Finserv Direct Ltd. Bajaj Markets & Bajaj Technology Services 53
Slide 55: Bajaj Markets – BFSI Marketplace
Bajaj Markets – BFSI Marketplace STRATEGY Bajaj Markets is a wide-choice (open architecture) diversified marketplace for Financial Services which attracts large number of new-to- Finserv consumers, creates awareness & discovery of the Finserv brand and cross-sells products by leveraging Technology &
Slide 56: Bajaj Markets – BFSI Marketplace Differentiators
Bajaj Markets – BFSI Marketplace Differentiators Open Architecture Supply- side Demand-side Marketplace Choice of manufacturers Digital Platform Consumers 96+ Brands (Banks, FIs, Insurance Website & App | API-in-a-box with 235+ MM yearly traffic Companies & AMCs) embedded rule engine 34.5+ MM App In
Slide 57: Bajaj Markets – B2C BFSI Marketplace
Bajaj Markets – B2C BFSI Marketplace Vertical Partners Lending 55 Cards 13 Insurance 19 Investment 12 VAS 6 Total Unique Partners 96 Category Partners Bank 13 NBFC 24 Fintech 22 HFC 8 Insurance & Broker 21 VAS/ONDC 8 Total 96 56
Slide 58: Bajaj Markets – Key Updates
Bajaj Markets – Key Updates Loans Organic Visits Transacting Customers (in Thousands) (in Thousands) 5,493 856 836 817 4,770 4,563 4,307 4,253 4,249 545 476 419 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 25 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 25 Partnership additions Lending V
Slide 59: Bajaj Technology Services
Bajaj Technology Services STRATEGY Be a leading digital technology services provider from India in the financial services sector through deep domain expertise and execution capabilities. Build scale & focus on profitability. ▪ 8 Practices to address business needs of BFSI industry basis strong domai
Slide 60: Bajaj Finserv Direct Ltd. – Financial Snapshot
Bajaj Finserv Direct Ltd. – Financial Snapshot All Figures in USD MM Particulars FY 2023 FY 2024 FY 2025 Total Income 45 55 69 PAT (6.0) (8.3) (5.6) Capital infused (as on 31 Mar 2025) 93 Net Worth (as on 31 Mar 2025) 55 Total Revenue Total Opex 75 69 63 55 51 45 FY 23 FY 24 FY 25 Bajaj Markets ▪ Ba
Slide 61: Bajaj Finserv Asset Management Ltd.
Bajaj Finserv Asset Management Ltd. 60
Slide 62: Key Strategic Pillars for Bajaj AMC
Key Strategic Pillars for Bajaj AMC ▪ Equity schemes to have clear and differentiated investment strategies to create long term wealth for the investors. Differentiated ▪ High Credit Quality investments in Fixed Income schemes to Products ensure safety and mitigate risk. ▪ Launch of Passive in space
Slide 63: Bajaj Finserv AMC – Equity funds with differentiated strategies
Bajaj Finserv AMC – Equity (+Equity oriented) funds with differentiated strategies: Investment with Intent Category Investment Strategy Style Flexi Cap Megatrends Growth Investing Large and Mid Moat Investing Quality Investing Balanced Advantage Fundamental + Sentiment Indicator Active Allocation (B
Slide 64: Key Highlights – Bajaj Finserv AMC
Key Highlights – Bajaj Finserv AMC All Figures in USD MM Bajaj AMC FY 2023 FY 2024 FY 2025 Total Income 0.4 1.6 4.6 PAT (4) (19) (25) Capital infused (as at 31 March 2025) 63 (Infused during the year) (29) Net Worth (as at 31 March 2025) 11 List of Mutual Funds launched by AMC Name of the Fund Categ
Slide 65: Bajaj Finance Ltd.
[3 FINSERV BAJAJ BAJAJ FINANCE LTD. FINSERV BAJAJ 64
Slide 66: BFL – Key Strategic Differentiators
BFL – Key Strategic Differentiators STRATEGY • Diversified financial services strategy seeking to optimize risk and profit, to deliver a sustainable business model and deliver a sustainable ROA of 4.6%-4.8% and ROE of 21%-23% in the long term • Focused on continuous innovation to transform customer
Slide 67: BFL – Customer Franchise
BFL – Customer Franchise Q4 FY2024 Q4 FY2025 Q3 FY2025 83.6 MM Total Franchise 101.8 MM 97.1 MM 66.0 MM Credit segment filter 83.7 MM 80.3 MM 64.2 MM Overall Cross sell franchise 80.8 MM 77.7 MM Non delinquent 56.7 MM customers 72.6 MM 69.4 MM Cross sell franchise 50.7 MM (60.5%)* 64.4 MM (63.3%)* 6
Slide 68: Bajaj Finance – Financial Highlights
Bajaj Finance – Financial Highlights All Figures in USD MM Particulars FY20 FY21 FY22 FY23 FY24 FY25 YoY Growth 5 yr CAGR Financial Snapshot Assets under management 16,914 17,580 22,696 28,434 38,002 47,892 26% 23% Total Income 3,033 3,067 3,638 4,760 6,320 8,014 27% 21% Interest expenses 1,089 1,08
Slide 69: Bajaj Finance aspiration – Long Range Strategy for next 5 years
Bajaj Finance aspiration – Long Range Strategy for next 5 years (consol.) Basic construct FY25 LRS FY29 Customer Franchise (MM) 101.82 190-210 Cross-sell Franchise (MM) 64.45 115-125 Share of total credit 2.25% 3.2-3.5% Share of retail credit 2.82% 3.8-4.2% Location presence 4,263 5,200-5,500 App –
Slide 70: Bajaj Housing Finance Ltd.
BAJAJ HOUSING FINANCE LTD. 69
Slide 71: BHFL – Key Strategic Differentiators
BHFL – Key Strategic Differentiators STRATEGY • Focus on building a low-risk balance sheet with medium ROE. • Continued focus towards OPEX management through cost out, process efficiencies and digitalization initiatives. • Continuous focus on data analytics to check eligibility and offers for differ
Slide 72: Bajaj Housing Finance Limited – Financial Highlights
Bajaj Housing Finance Limited – Financial Highlights All Figures in USD MM Particulars FY20 FY21 FY22 FY23 FY24 FY25 YoY Growth 5 yr CAGR Financial Snapshot Assets under management 3,759 4,468 6,129 7,957 10,502 13,182 26% 29% Total Income 304 363 433 651 876 1,101 26% 29% Interest expenses 186 226
Slide 73: Environmental, Social and Governance – ESG
Environmental, Social and Governance – ESG (Towards a sustainable Future) 72
Slide 74: ESG – Our focus area
ESG – Our focus area The ambit of ESG is wide and evolving. It is our firm belief that to achieve our ESG objectives and have a greater impact, we need to be focused on identified areas rather than spreading wide. Accordingly, in our Responsible and Sustainable Business Conduct policy, we have ident
Slide 75: ESG - Key initiatives during the year
ESG - Key initiatives during the year ESG is not just the right thing to do, it is what will shape a better tomorrow for all Preserving & Financial Empowering Governance Protecting Inclusion Society Environment Responsible investment BFL new to credit customers - 6.7 MM Wind power generated – 84 MM
Slide 76: Fast growing Opportunity for every household
Fasting growing Opportunity for every household 75
Slide 77: India: Macro – GDP growth
India: Macro India remains the fastest growing economy surpassing China in 2021 12 10 9.69 8.00 8.26 8.15 8 7.41 GDP growth in Percent 6.80 6.99 7.02 6.45 6.46 6.47 6 3.87 4 2 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025E 2026E -2 -4 -6 -5.78 India China Advanced economies Emerging
Slide 78: India: Opportunity in Every Household – Disposable Income
India: Opportunity in Every Household Per Capita GNI is rising, leading to higher disposable income 3000 2X Disposable Income in 10 Years 2,514 2500 Disposable Income (in USD) 2000 1500 1,278 1000 500 0 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Per Capita GNI is estimated to r
Slide 79: India: Opportunity in Every Household – Savings Pattern
India: Opportunity in Every Household Behavioral Shift in Savings Pattern Household (HH) Savings (Deposits) & Borrowings: Annual Flows as a % of GDP Gross household 25.8% 20.8% 23.0% 24.2% Savings Physical assets (real estate, gold etc) continue to grow – Opportunity for 15.1% our gold loan, mortgag
Slide 80: Indian Life Insurance Market – Growth Opportunity
Indian Life Insurance Market – Growth Opportunity India remains vastly under-insured, both in term of penetration and density Insurance Penetration as a % of GDP Life Insurance Density (US$) 6264 7.4% 7.1% 6.8% 5.0% 3.7% 3.4% 2.8% 2285 2245 2.1% 1635 425 244 274 70 Singapore Taiwan Japan South Korea
Slide 81: Indian Non-Life Insurance Market – Large Addressable Market
Indian Non- Life Insurance Market – Large Addressable Market Insurance Penetration as a % of GDP 6.0% 3.2% 2.1% 1.9% 1.8% 1.8% 1.4% 1.0% South Korea Taiwan Japan Thailand China Singapore Malaysia India Non Life Insurance Density (US$) 1968 1536 1022 693 140 234 165 25 South Korea Taiwan Japan Thaila
Slide 82: Thank You
BAJAJ FINSERV LIMITED Thank You 3 FINSERV BAJAJ 81
Slide 83: Disclaimer
Disclaimer This presentation has been prepared by Bajaj Finserv Limited (the “Company”) solely for your information and for your use. This presentation is for information purposes only and should not be deemed to constitute or form part of any offer or invitation or inducement to sell or issue any s