Bajaj Housing Finance Q1 Results: Profit Rises 23% YoY to ₹715 Crore, AUM Grows 24%
Bajaj Housing Finance reported a strong Q1 FY27 performance with a 23% rise in net profit, healthy AUM growth, improving asset quality, and robust loan disbursements.
Bajaj Housing Finance Ltd. reported a strong financial performance for the first quarter of FY27, driven by higher interest income, healthy loan growth, and improving profitability.
The housing finance company posted a 22.6% year-on-year increase in net profit, while assets under management and loan disbursements continued to grow at a healthy pace.
Key Highlights
- Net Profit up 22.6% YoY to ₹715.28 crore
- Total Revenue up 17.2% YoY to ₹3,063.02 crore
- Net Interest Income (NII) increased 9% to ₹968 crore
- Assets Under Management (AUM) grew 24% to ₹1.49 lakh crore
- Gross NPA improved to 0.29%
Q1 FY27 Financial Performance
Bajaj Housing Finance reported
- Net Profit: ₹715.28 crore
- Interest Income: ₹2,856.07 crore
- Total Revenue: ₹3,063.02 crore
The company also improved its net profit margin to 23.35%, compared with 22.30% in the corresponding quarter last year.
Business Highlights
The company's lending business continued to expand during the quarter.
- Net Interest Income (NII): ₹968 crore (+9% YoY)
- Assets Under Management (AUM): ₹1,49,624 crore (+24% YoY)
- Loan Disbursements: ₹19,509 crore (+33% YoY)
- Pre-Provision Operating Profit: ₹945 crore (+19% YoY)
Asset Quality
Bajaj Housing Finance maintained healthy asset quality.
- Gross NPA: 0.29%
- Net NPA: 0.12%
- Provision Coverage Ratio (Stage 3 Assets): Nearly 59%
The stable NPA levels indicate continued discipline in credit quality despite strong loan growth.
Share Price Reaction
Following the quarterly results, Bajaj Housing Finance shares closed 2.22% higher at ₹87.53 on the BSE.
What This Means for Investors
Bajaj Housing Finance delivered another strong quarter with growth across profitability, loan book, and disbursements while maintaining healthy asset quality. Investors may continue monitoring loan growth, margins, funding costs, and asset quality in the coming quarters to assess the company's long-term growth trajectory.
Disclaimer
This article is published solely for educational and informational purposes and should not be considered investment advice, financial advice, or a recommendation to buy, sell, or hold any security. TrendRipperX is not registered with SEBI as an Investment Adviser or Research Analyst. Investors should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.
Frequently asked questions
What is the news about Bajaj Housing Finance Q1 Results: Profit Rises 23% YoY to ₹715 Crore, AUM Grows 24%?
Bajaj Housing Finance reported a strong Q1 FY27 performance with a 23% rise in net profit, healthy AUM growth, improving asset quality, and robust loan disbursements.
What should investors know about key Highlights?
Net Profit up 22.6% YoY to ₹715.28 crore. Total Revenue up 17.2% YoY to ₹3,063.02 crore. Net Interest Income (NII) increased 9% to ₹968 crore. Assets Under Management (AUM) grew 24% to ₹1.49 lakh crore. Gross NPA improved to 0.29%.
What should investors know about business Highlights?
The company's lending business continued to expand during the quarter.
What should investors know about share Price Reaction?
Following the quarterly results, Bajaj Housing Finance shares closed 2.22% higher at ₹87.53 on the BSE.
What This Means for Investors?
Bajaj Housing Finance delivered another strong quarter with growth across profitability, loan book, and disbursements while maintaining healthy asset quality.
What should investors know about disclaimer?
This article is published solely for educational and informational purposes and should not be considered investment advice, financial advice, or a recommendation to buy, sell, or hold any security. TrendRipperX is not registered with SEBI as an Investment Adviser or Research Analyst.
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