Bajaj Housing Finance reported an 18% increase in profit after tax for Q2 FY26, reaching ₹643 crore. Assets under management (AUM) grew by 24% year-over-year to ₹1,26,749 crore. Net interest income (NII) rose by 34% to ₹956 crore. The company maintains its AAA credit rating for long-term debt. Gross Non-Performing Assets (NPA) stand at a low 0.26%. These results highlight strong financial performance and robust growth.
Financial Performance Highlights
Bajaj Housing Finance showcased substantial growth in Q2 FY26:
- Assets under management increased by 24% to ₹1,26,749 crore as of September 30, 2025.
- Net interest income saw a 34% rise, reaching ₹956 crore compared to ₹713 crore in Q2 FY25.
- Profit before tax grew by 18%, reaching ₹833 crore.
- Profit after tax also increased by 18%, totaling ₹643 crore.
Key Financial Metrics
Here’s a snapshot of Bajaj Housing Finance’s financial performance:
- Net total income (NTI) increased by 22% to ₹1,097 crore.
- Operating Expenses to Net Total Income ratio stood at 19.6% for Q2 FY26.
- The Company reported a strong capital adequacy ratio of 26.12%.
Asset Quality
The Company maintained strong asset quality:
- Gross NPA stood at 0.26% as of September 30, 2025.
- Net NPA was reported at 0.12%.
- The provisioning coverage ratio on stage 3 assets was approximately 56%.
Credit Ratings
Bajaj Housing Finance holds the highest credit ratings:
- AAA/Stable for long-term debt (from CRISIL and India Ratings).
- A1+ for short-term debt (from CRISIL and India Ratings).
Source: BSE
