Bajaj Housing Finance Limited announced robust financial results for the quarter and year ended March 31, 2026. The company saw a 23% increase in assets under management to ₹1,40,706 crore. Annual profit after tax surged by 18% to ₹2,560 crore, driven by significant growth in home loans and lease rental discounting. These results reflect a strong operational performance and consistent credit quality as the company continues to expand its footprint in the housing finance sector.
Financial Performance Overview
For the financial year ended March 31, 2026, Bajaj Housing Finance reported a profit after tax of ₹2,560 crore, an 18% increase compared to the previous year. For the final quarter (Q4), the company posted a profit of ₹669 crore, up 14% from Q4 of the previous year. This consistent growth trajectory is supported by a 25% rise in annual net interest income, which reached ₹3,752 crore.
Assets and Segment Growth
The company’s assets under management grew by 23% to ₹1,40,706 crore as of March 31, 2026. The loan portfolio remains well-diversified across several segments:
- Home Loans: ₹76,055 crore, marking an 18% growth.
- Lease Rental Discounting: ₹31,531 crore, showing a robust 44% growth.
- Loan Against Property: ₹15,191 crore, increasing by 24%.
- Developer Finance: ₹16,226 crore, rising by 13%.
Operational Highlights and Credit Quality
Operational efficiency improved during the fiscal year, with the operating expense to net total income ratio decreasing to 19.7%, down from 20.9% in the previous year. Credit quality remains stable, with Gross NPA standing at 0.27% and Net NPA at 0.11% as of March 31, 2026. The capital adequacy ratio, including Tier II capital, was reported at 22.46%, ensuring a strong foundation for future lending operations.
Strategic Outlook
The Board of Directors has scheduled the 18th Annual General Meeting for July 29, 2026. The company continues to benefit from high credit ratings of AAA/Stable for its long-term debt programmes, reflecting its strong financial stability and market position in the Indian housing finance landscape.
Source: BSE
