Bajaj Housing Finance Ltd. benchmarking: Performance to industry peers

Financial

	Bajaj Housing Financ	Housing & Urban Dev.	Piramal Finance
Operational Metrics
Banks
Net NPA	0.11 %	n/a	n/a
Gross NPA	0.27 %	n/a	n/a
Net Interest Margin	3.8 %	2.88 %	13.7 %
Building Materials
Cost of Borrowing	7.3 %	7.13 %	8.79 %
NBFC
Capital to Risks Assets Ratio (CRAR)	22.46 %	38.28 %	-1.83 %
AUM - NBFC	140706.0 Crs	n/a	119992.0 Crs
Tier I Capital	22.01 %	46.55 %	-5.95 %
Yield On Advances	8.9 %	n/a	n/a
Financials
5 yr Average ROE	0.76 %	12.53 %	15.07 %
5yr average Equity Multiplier	2.28	5.89	2.76
5yr Average Asset Turnover Ratio	0.02	0.09	0.11
5yr Avg Net Profit Margin	-440.3 %	24.82 %	-60.85 %
5yr Avg Net Profit Margin	-440.3 %	24.82 %	-60.85 %
5yr CAGR Net Profit	n/a	11.41 %	-78.67 %
5yr CAGR Sales	n/a	7.59 %	2.89 %
5 yr CAGR PPOP	n/a	n/a	n/a
Price to Book	3.13	2.43	1.55
P/E	28.48	15.76	28.93
Shareholdings
Promoter Holding	86.7 %	75.0 %	46.16 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-2.05 %	-6.81 %	6.95 %
Change in Mutual Fund Holding (3 Yrs)	-1.01 %	1.33 %	10.43 %

	Bajaj Housing Financ	Housing & Urban Dev.	Piramal Finance
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 100.0 Rest of the World 0
Borrowings Break-Up	Borrowings Break-Up Non-Convertible Debenture 43.8 Bank Borrowings 40.8 National Housing Bank Refinance 10.0 Commercial Paper 5.3 Deposits/ICD 0 Others 0.1	-	-
AUM Break-Up	AUM Break-Up Home loans 54.1 Lease rental discounting 22.4 Developer financing 11.5 Loans against property 10.8 Others 1.2	-	-
Segment Wise Break-Up	Segment Wise Break-Up Financing 100.0	-	-