Bajaj Finserv Ltd. (NSE:BAJAJFINSV)

Bajaj Finserv Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Investments in Equity & Preferred Securities	4,003	3,828	1,073	133.7	136.7
Policy Loans	-	6,438	5,907	5,203	4,708
Other Investments	535,561	495,806	353,160	245,427	188,149
Total Investments	539,854	3,833,056	2,862,835	2,207,943	1,811,354
Cash & Equivalents	157,368	57,650	25,936	40,872	29,551
Reinsurance Recoverable	-	113,848	78,394	64,517	56,646
Other Receivables	4,174,924	93,805	60,498	55,243	52,291
Separate Account Assets	1,361,734	1,183,862	954,850	907,097	800,716
Property, Plant & Equipment	42,798	38,272	29,372	23,653	21,031
Goodwill	8,028	6,893	6,893	6,893	6,893
Other Intangible Assets	14,994	11,287	8,659	6,082	4,788
Restricted Cash	-	1,146	1,242	445.3	425
Other Current Assets	10,325	16,744	8,335	2,420	2,050
Long-Term Deferred Tax Assets	12,015	10,282	10,236	9,512	9,459
Other Long-Term Assets	200,274	12,451	7,842	12,512	6,440
Total Assets	6,522,316	5,379,296	4,055,092	3,337,190	2,801,643
Accounts Payable	79,649	31,082	36,463	30,974	23,014
Accrued Expenses	-	19,653	10,908	10,192	7,229
Insurance & Annuity Liabilities	1,346,787	1,182,801	941,017	855,935	752,301
Unearned Premiums	-	30,518	23,920	20,209	17,463
Reinsurance Payable	-	23,080	13,762	7,674	17,530
Current Portion of Long-Term Debt	-	291,575	239,674	121,019	67,163
Short-Term Debt	-	345,922	155,850	176,858	147,044
Current Income Taxes Payable	4,609	4,275	3,866	3,124	5,683
Long-Term Debt	2,829,467	1,637,004	1,272,274	1,000,672	808,276
Long-Term Leases	15,048	13,338	8,237	6,648	5,478
Long-Term Deferred Tax Liabilities	7,125	5,145	1,080	3,058	3,196
Other Current Liabilities	760.3	364,309	308,571	256,213	210,057
Other Long-Term Liabilities	954,529	388,736	260,936	179,719	153,036
Total Liabilities	5,237,974	4,341,538	3,279,111	2,673,990	2,218,703
Common Stock	1,596	1,594	1,593	795.7	795.7
Additional Paid-In Capital	-	143,997	96,765	96,119	94,252
Retained Earnings	-	439,947	364,897	301,307	256,782
Treasury Stock	-	-1,043	-1,175	-1,200	-1,842
Comprehensive Income & Other	722,357	18,792	1,994	5,446	8,313
Total Common Equity	723,953	603,286	464,073	402,468	358,300
Minority Interest	560,389	434,472	311,907	260,731	224,640
Shareholders' Equity	1,284,342	1,037,759	775,981	663,199	582,940
Total Liabilities & Equity	6,522,316	5,379,296	4,055,092	3,337,190	2,801,643
Filing Date Shares Outstanding	1,600	1,594	1,593	1,591	1,591
Total Common Shares Outstanding	1,600	1,594	1,593	1,591	1,591
Total Debt	2,844,515	2,287,838	1,676,034	1,305,197	1,027,961
Net Cash (Debt)	-2,687,147	-2,230,188	-1,650,098	-1,264,325	-998,411
Net Cash Per Share	-1665.78	-1386.68	-1028.56	-794.24	-627.27
Book Value Per Share	452.35	378.44	291.39	252.91	225.15
Tangible Book Value	700,931	585,106	448,521	389,493	346,619
Tangible Book Value Per Share	437.97	367.04	281.62	244.75	217.81
Land	-	6,745	6,727	4,755	3,253
Buildings	-	7,942	7,693	7,559	7,476
Machinery	-	25,385	19,489	15,972	14,776
Construction In Progress	-	821.2	618.4	536.4	495.7
Leasehold Improvements	-	3,455	3,205	3,091	2,726

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.