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Earnings Call

Bajaj Housing Finance Earnings Call: Key Takeaways

Bajaj Housing Finance reported a robust Q4 FY26 with AUM crossing INR 140,000 crores, up 23%. Normalized PAT grew 20% Y-o-Y, maintaining stable asset quality with GNPA at 27 bps.

Why this was an Alfa AlertNot a filter event. Performance was largely in line with or at the upper end of prior guidance.
Highlights
Revenue growthAUM up 23% Y-o-Y; NII up 25% for full year FY26.
MarginsYields contracted 14 bps; NIM dropped 12 bps sequentially to 3.8%.
Demand visibilityStrong momentum in home loans and Sambhav (affordable/near-prime) segments.
Management confidenceHigh; aiming for 2x industry growth and maintaining market leadership.

Growth

AUM grew 23%; Disbursements increased 23% Y-o-Y. Full-year Net Interest Income rose 25% to INR 3,752 crores.

Outlook

AUM growth target remains 2x of industry. ROA guidance maintained at 2.0%–2.2%. Sambhav AUM reached ~INR 9,000 crores.

Risks

Competitive intensity from banks impacting yields; potential NIM compression of 10-12 bps due to lower acquisition pricing.

Source

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

Read the document ↗

Bajaj Housing Finance Ltd: key numbers

Share price
₹83.14
Market cap
₹69,275 Cr
Revenue (annual)
₹11,147 Cr
Net profit (annual)
₹2,560 Cr
P/E (TTM)
25.7×Sector 22.0×
Promoter holding
86.70%+0.00% QoQ
FII holding
0.90%Current quarter

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

More from Bajaj Housing Finance Ltd

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12:19 IST NSE
Debt & Borrowing

Bajaj Housing Finance Debt & Borrowing: ₹807.8 Cr

Bajaj Housing Finance Limited has allotted 81,500 Secured Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹807.82 Crore. These NCDs are issued on a private placement basis.

Value
₹807.8 Cr
Execution
1,790 days
12:28 IST NSE
Other Announcement

Bajaj Housing Finance Other Announcement

Bajaj Housing Finance disclosed an ESG rating of 71.44 assigned by Niche Ninety Nine. The rating was independently prepared without company engagement.

12:22 IST NSE
Debt & Borrowing

Bajaj Housing Finance Debt & Borrowing: ₹495.5 Cr

Bajaj Housing Finance allotted 50,000 NCDs aggregating Rs. 495.53 crore on private placement. The 3,608-day secured debentures carry 7.87% p.a. coupon, maturing August 2036.

Value
₹495.5 Cr
13:03 IST NSE
Debt & Borrowing

Bajaj Housing Finance Debt & Borrowing: ₹1,986 Cr

Bajaj Housing Finance allotted 2,00,000 NCDs of Rs.1,985.65 crore via private placement. The secured debentures carry 7.79% coupon and mature in August 2031.

Value
₹1,986 Cr
Execution
1,807 days (residual), maturity 20 August 2031
18:24 IST NSE
Other Announcement

Bajaj Housing Finance Other Announcement

Bajaj Housing Finance has been assigned an ESG rating of 73 by NSE Sustainability Ratings and Analytics Limited, based on publicly available data.