Bajaj Finance Shares Up 4%, Leads Nifty Gainers After Strong Q4 And Steady FY27 Outlook

Mumbai, April 30: Shares of Bajaj Finance surged in trade, emerging as the top gainer on the Nifty 50, after the company reported a strong set of fourth-quarter numbers and reaffirmed its medium-term growth outlook, boosting investor confidence in its earnings visibility. 

The stock rose as much as over 4% intraday, with buying interest picking up sharply following the results and management commentary that reassured the Street on growth sustainability. At the time of writing, the stock was up 1.8 per cent at Rs 947. 

The key trigger for the stock was the company’s growth outlook. Source: NSE  

Strong Show 

The non-bank lender posted a 22% year-on-year rise in consolidated net profit to around ₹5,553 crore, compared with ₹4,546 crore in the same quarter last year, supported by steady loan growth and improved operating performance.  

Net interest income (NII), a key measure of core earnings, rose about 20% year-on-year to ₹11,781 crore, reflecting continued traction in lending activity.  

Operational metrics also remained strong. The company’s assets under management (AUM) expanded about 22% year-on-year to over ₹5 lakh crore, underscoring sustained demand across segments. At the same time, asset quality stayed broadly stable, with only a marginal uptick in gross NPAs, signalling controlled credit costs.  

Key Trigger 

A key trigger for the rally, however, was management’s forward guidance. Bajaj Finance reaffirmed its FY27 profit growth outlook of around 23–24%, indicating confidence in maintaining a steady earnings trajectory despite evolving macro challenges. This reassurance helped ease concerns around any slowdown in growth momentum amid rising interest rates and competitive pressures. 

The Street cheered the combination of consistent earnings delivery, strong balance sheet metrics and clear visibility on future growth, with brokerages turning constructive on the stock post results. The easing of provisions alongside stable asset quality further added to optimism, suggesting that credit costs may remain manageable in the near term. 

Sharp Uptick 

The sharp uptick in the stock also reflects a broader preference for high-quality financials with predictable growth in a volatile macro environment. With global cues turning uncertain due to elevated crude prices and a hawkish central bank stance globally, investors appear to be gravitating toward companies with strong execution track records. 

Going ahead, the focus will remain on the pace of loan growth, margin trajectory and credit costs. While near-term headwinds such as higher funding costs persist, Bajaj Finance’s reaffirmed guidance signals confidence in navigating these challenges. 

Overall, the strong Q4 performance coupled with steady forward guidance has reinforced the company’s positioning as a standout performer in the NBFC space, with the stock’s rise and its spot as the top Nifty gainer reflecting renewed investor conviction in its growth story. 

Source: 

• https://www.nseindia.com/get-quote/equity/BAJFINANCE/Bajaj-Finance-Limited