Bajaj Housing Finance has been a prominent player in India’s housing finance market, and its stock performance is closely monitored by investors. As of October 2024, the stock price stands at ₹136.87 on the NSE and ₹136.95 on the BSE. The company’s growth potential makes it an attractive option for long-term investors. In this blog, we will explore Bajaj Housing Finance share price targets for 2024, 2025, 2026, 2030, and 2040, providing month-wise projections for each year based on current market trends and financial analysis.
Bajaj Housing Finance Share Price Target 2024
For 2024, Bajaj Housing Finance has shown some volatility but remains optimistic for recovery and growth. Below are the share price targets for November and December 2024:
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| November | 140 | 175 |
| December | 156 | 214 |
By December 2024, Bajaj Housing Finance’s stock could reach up to ₹214 if market conditions continue to improve.
Bajaj Housing Finance Share Price Target 2025
As we move into 2025, Bajaj Housing Finance is expected to see steady growth, supported by favorable market conditions and increasing demand for housing finance.
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 160 | 220 |
| February | 165 | 225 |
| March | 170 | 235 |
| April | 175 | 240 |
| May | 180 | 245 |
| June | 185 | 250 |
| July | 190 | 255 |
| August | 195 | 265 |
| September | 200 | 270 |
| October | 205 | 275 |
| November | 210 | 290 |
| December | 215 | 296.25 |
By December 2025, the stock could reach a maximum price of ₹296.25, reflecting strong growth prospects in the housing finance sector.
Bajaj Housing Finance Share Price Target 2026
In 2026, Bajaj Housing Finance is expected to maintain its growth trajectory. The company’s market presence and strategic initiatives are likely to drive stock performance throughout the year.
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 225 | 310 |
| February | 230 | 315 |
| March | 235 | 320 |
| April | 240 | 330 |
| May | 245 | 340 |
| June | 250 | 345 |
| July | 255 | 350 |
| August | 260 | 355 |
| September | 270 | 360 |
| October | 275 | 365 |
| November | 280 | 370 |
| December | 292.10 | 362.42 |
By December 2026, Bajaj Housing Finance’s stock could reach a maximum price of ₹362.42, signaling continued positive momentum in the company’s growth strategy.
Bajaj Housing Finance Share Price Target 2030
Looking towards 2030, Bajaj Housing Finance is expected to benefit from technological advancements, expanding market opportunities, and a strong focus on digital transformation.
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 500 | 620 |
| February | 510 | 630 |
| March | 520 | 640 |
| April | 530 | 660 |
| May | 540 | 670 |
| June | 550 | 680 |
| July | 560 | 690 |
| August | 570 | 700 |
| September | 580 | 710 |
| October | 590 | 715 |
| November | 600 | 720 |
| December | 610.47 | 725.10 |
By December 2030, the stock could reach as high as ₹725.10, driven by the company’s leadership in the housing finance sector and its strategic initiatives.
Bajaj Housing Finance Share Price Target 2040
Looking even further into the future, the share price targets for 2040 show significant growth potential, reflecting the company’s strong market position and its ability to meet increasing demand for housing finance.
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 2,285 | 2,300 |
| February | 2,300 | 2,325 |
| March | 2,325 | 2,350 |
| April | 2,340 | 2,380 |
| May | 2,355 | 2,400 |
| June | 2,370 | 2,420 |
| July | 2,390 | 2,450 |
| August | 2,410 | 2,480 |
| September | 2,430 | 2,500 |
| October | 2,450 | 2,540 |
| November | 2,465 | 2,580 |
| December | 2,285 | 2,660 |
By December 2040, Bajaj Housing Finance’s stock could potentially reach ₹2,660, showcasing the company’s long-term growth strategy and solid market presence.
Bajaj Housing Finance Business Overview
Bajaj Housing Finance Limited (BHFL), a subsidiary of Bajaj Finance Limited, has emerged as a major player in India’s housing finance sector. Established in 2008 and registered with the National Housing Bank since 2015, BHFL offers a range of financial services that cater to individuals and businesses alike.
The company provides home loans, loans against property, construction finance, and lease rental discounting, making it versatile in meeting various housing-related financial needs. Whether someone is looking to buy a new home, renovate, or fund a project, BHFL provides solutions with competitive rates and flexible loan amounts.
BHFL has shown strong financial growth, with an impressive annual revenue increase of about 29% in recent years. The company’s assets under management (AUM) reached ₹1,02,550 crore as of March 2024, positioning it as the second-largest housing finance company in India.
With a solid AAA credit rating and a strategy to expand into Tier 2 and Tier 3 cities, BHFL is well-positioned to meet India’s rising demand for housing finance. However, like others in the industry, it faces challenges such as fluctuating interest rates and economic slowdowns, which can affect consumer borrowing. Despite these challenges, BHFL’s commitment to growth and market reach makes it a significant name in housing finance.
Bajaj Housing Finance Financials
Bajaj Housing Finance Limited (BHFL) has shown impressive financial growth in recent years, driven by rising demand for housing finance. In FY2024, BHFL’s revenue surged by 34% to reach ₹7,617 crore, up from ₹5,665 crore in FY2023, while net profit jumped by 38% to ₹1,731 crore. This reflects the company’s ability to maintain healthy profit margins as it scales.
Additionally, BHFL’s net interest income grew by 19.2%, supported by effective interest rate management and increased loan disbursements. The company’s focus on expanding housing finance products and managing costs has played a key role in this growth.
BHFL also maintains a solid balance sheet, with total assets increasing to ₹81,827 crore in March 2024, up from ₹64,654 crore the previous year. Shareholders’ funds grew to ₹12,233.50 crore, and the company holds a strong Capital Adequacy Ratio (CAR) of 21.3%, providing a robust buffer against market fluctuations.
Key financial ratios further underline this strength—Return on Equity (ROE) rose to 14.2%, and gross NPAs remained low at 0.3%, showing efficient risk management. This financial health positions BHFL well to expand in the Indian housing finance market.
| Metric | FY2024 Value | FY2023 Value | Growth |
|---|---|---|---|
| Revenue | ₹7,617 crore | ₹5,665 crore | 34% |
| Net Profit | ₹1,731 crore | ₹1,257 crore | 38% |
| Net Interest Income | ₹29,226 million | ₹24,514 million | 19.2% |
| Total Assets | ₹81,827 crore | ₹64,654 crore | – |
| Shareholders’ Funds | ₹12,233.50 crore | ₹10,503.19 crore | – |
| Capital Adequacy Ratio (CAR) | 21.3% | – | – |
| Return on Equity (ROE) | 14.2% | 12.0% | – |
| Gross NPA Ratio | 0.3% | – | – |
With robust growth in revenue and profit, BHFL is strategically positioned to serve the expanding housing finance market in India while keeping risks low and profitability high.
FAQs
1. What is Bajaj Housing Finance’s share price as of October 2024?
As of October 2024, Bajaj Housing Finance’s share price is ₹136.87 on the NSE and ₹136.95 on the BSE.
2. What is the Bajaj Housing Finance share price target for 2024?
For December 2024, the share price target ranges between ₹156 and ₹214.
3. What is the projected share price target for 2025?
By December 2025, the share price target for Bajaj Housing Finance is expected to be between ₹215 and ₹296.25.
4. What is the Bajaj Housing Finance share price target for 2030?
For December 2030, the share price target is projected to be between ₹610.47 and ₹725.10.
5. What is the long-term share price target for Bajaj Housing Finance in 2040?
By December 2040, the share price could reach a maximum of ₹2,660, reflecting strong long-term growth potential.
In conclusion, Bajaj Housing Finance is well-positioned for steady growth over the next several years, with significant price targets for 2024, 2025, 2026, 2030, and 2040. Investors should keep a close eye on the company’s performance and market trends to make informed decisions.