Bajaj Finserv - Markings from Annual Report FY20
In March 2020 we got an opportunity to add to scorecard a rock-solid franchise at about ~20 times earnings growing operations in high double digits run by an extremely smart management team with a long runway for growth.
Here are some of my highlights from their annual report
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NB - FY21 and numbers going forward for 12-18 months will not be great so caution before you jump to buy this one
This is a record of the author's thinking in July 2020, kept as written. It is not a recommendation to buy or sell, and the author may hold the securities discussed. See the disclosures.