| Margins | NIMs steady; opex to NTI expected to improve 25-40 bps. |
|---|---|
| Demand visibility | Strong organic volume growth and SKU price increases from OEMs. |
| Management confidence | Extremely high; calling it an 'excellent quarter' across all metrics. |
Growth
AUM grew significantly; Gold loan business grew 112%. Rural and Urban consumer finance up 49% and 38% respectively.
Outlook
Management targeting INR 100,000 Cr digital volume next year. Plans to add 170-250 branches annually; AUM guidance corridor 22-24%.
Risks
Geopolitical tensions, monsoon uncertainty, and competitive intensity in personal loans and MSME segments are key headwinds.
Last quarter's promises, checked
Delivered
- AUM growth 20-24% → delivered 22.4% (= BEAT)
- New customer addition 15-17M/yr → delivered 17.5M (= BEAT)
- ROA guidance 4.4-4.6% → delivered 4.6% (= BEAT)
Partly delivered
- MSME growth recovery by June '26 → growth remained muted at 6% (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: BAJFINANCE. Summary written with AI assistance from the document.
Bajaj Finance Ltd: key numbers
- Share price
- ₹996.90
- Market cap
- ₹6,20,665 Cr
- Revenue (annual)
- ₹81,982 Cr
- Net profit (annual)
- ₹19,017 Cr
- P/E (TTM)
- 30.6×Sector 22.0×
- Promoter holding
- 54.67%-0.03% QoQ
- FII holding
- 18.84%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Bajaj Finance Ltd
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- Value
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- Value
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Bajaj Finance Ltd has successfully paid interest on its secured redeemable non-convertible debentures. The total interest payment of ₹24.89 Crore was made on the due date.
- Value
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Bajaj Finance Debt & Borrowing: ₹2,050 Cr
Bajaj Finance allotted secured NCDs aggregating ₹2050.03 crore at 8.07% p.a. via private placement. Maturity is March 2030, listed on BSE Wholesale Debt Market.
- Value
- ₹2,050 Cr
- Execution
- 1294 days (8 Sept 2026 to 25 Mar 2030)