Bajaj Housing Finance has reported robust financial results for the quarter ended 31 March 2026. The company achieved a 23% YoY growth in Assets Under Management (AUM), reaching ₹1,40,706 crore. Profit After Tax (PAT) grew by 14%, supported by improved operating efficiencies. Asset quality remains strong, with Gross NPA at 0.27% and Net NPA at 0.11%, reflecting a stable and well-managed mortgage portfolio as the company continues to scale.
Financial Highlights for the Quarter
During the fourth quarter of FY26, Bajaj Housing Finance demonstrated consistent performance across its key financial metrics. The company reported a Profit Before Tax (PBT) of ₹866 crore, marking a 20% growth. Profit After Tax reached ₹669 crore. Operational efficiency continued to improve, with the Opex to NTI ratio strengthening to 19.2% in Q4 FY26, down from 21.8% in the same period last year.
Portfolio Growth and Diversification
The company’s AUM expansion was driven by strong growth across its primary product segments. Home loans, which constitute 54.1% of the portfolio, grew by 18%, while Lease Rental Discounting (LRD) saw a significant surge of 44%. Loan Against Property grew by 24% and Developer Finance by 13%. This well-diversified mix, supported by a disbursement growth of 23% to ₹17,506 crore, underscores the firm’s successful execution of its omnichannel sourcing strategy.
Asset Quality and Capital Strength
Bajaj Housing Finance maintained a healthy asset quality profile, with Gross NPA at 0.27% and Net NPA at 0.11%. Annualized credit cost for the quarter was reported at 19 bps. On the capital front, the company remains well-positioned with a Capital Adequacy Ratio (CRAR) of 22.46%, comfortably exceeding regulatory requirements. Net worth stood at ₹22,527 crore as of 31 March 2026, providing a solid foundation for future scalable growth.
Full Year Performance Overview
For the full financial year FY26, the company delivered a strong performance with PBT growing by 20% and PAT increasing by 18%. The annualized Return on Assets (RoA) for the year was 2.3%, with a Return on Equity (RoE) of 12.1%. These results highlight the company’s ability to maintain operational discipline, including an improvement of 120 bps in the Opex to NTI ratio throughout the year.
Source: BSE
