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Earnings Call

Bajaj Finserv Earnings Call: Key Takeaways

Bajaj Finserv reported Q4 FY26 consolidated total income growth of 6% to ₹38,508 crore and PAT growth of 5% to ₹2,539 crore, impacted by temporary MTM losses.

Highlights
Revenue growth6% consolidated (14% excluding MTM impacts)
MarginsLife insurance NBM expanded to 24.5%; General insurance combined ratio 113.6%.
Demand visibilityHealthy momentum in retail protection and mortgage disbursements.
Management confidenceStrong outlook for 'Bajaj Life 2.0' and new emerging business segments.

Growth

Revenue and PAT grew 14% and 24% respectively, excluding temporary MTM impacts. Bajaj Finance AUM crossed ₹5 lakh crore milestone.

Outlook

Transitioning insurance entities to Ind AS by April 2027; launching new PMS and AIF business lines in coming quarters.

Risks

Geopolitical tensions causing MTM volatility; elevated pricing pressures in motor and crop insurance segments; sector-wide persistency declines in life insurance.

Source

Earnings Call filed with BSE, NSE: BAJAJFINSV. Summary written with AI assistance from the document.

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Bajaj Finserv Ltd: key numbers

Share price
₹1,771.00
Market cap
₹2,83,457 Cr
Revenue (annual)
₹1,50,504 Cr
Net profit (annual)
₹9,801 Cr
P/E (TTM)
27.9×Sector 23.2×
Promoter holding
58.71%+0.00% QoQ
FII holding
6.86%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Business Update

Bajaj Finserv Business Update

Bajaj Finserv has released monthly business performance data for its unlisted subsidiaries, Bajaj General Insurance and Bajaj Life Insurance, for the period ending August 2026.