Bajaj‍‌‍‍‌‍‌‍‍‌ Housing Finance Q2FY26 Net Profit Rises 18% to ₹643 Crore; AUM Grows 24% YoY

Pune, November 7, 2025: Bajaj Housing Finance Limited (NSE: BAJAJHFL-EQ; BSE: 544252) reported a consolidated net profit of ₹643 crore for the quarter ended September 30, 2025 (Q2FY26), marking an 18% increase from ₹546 crore in the same quarter last year. The growth was primarily driven by a 34% surge in net interest income (NII) alongside robust loan disbursement activity during the quarter.

Strong Financial Performance

The company’s interest income rose 17% year-on-year to ₹2,614 crore, while total income increased 14% to ₹2,755 crore in Q2FY26. Net interest income grew to ₹956 crore from ₹713 crore in the same quarter last year, supported by strong loan growth and stable margins. Profit before tax reached ₹833 crore, an 18% increase from ₹708 crore in Q2FY25. For the first half of FY26 (H1FY26), Bajaj Housing Finance posted a net profit of ₹1,226 crore, up 19% compared with the previous year.

Operational and Portfolio Highlights

As of September 30, 2025, the company’s Assets Under Management (AUM) rose 24% year-on-year to ₹1,26,749 crore, while loan assets increased 26% to ₹1,13,059 crore. Net total income grew 22% to ₹1,097 crore, reflecting strong operational efficiency. Operating expenses as a percentage of net total income declined to 19.6% from 20.5% a year ago, demonstrating effective cost discipline.

Loan losses and provisions stood at ₹50 crore, compared with ₹5 crore in Q2FY25, which had included a ₹25 crore management overlay release. The company maintained a conservative approach to asset quality, with GNPA and NNPA at 0.26% and 0.12%, respectively. The capital adequacy ratio remained robust at 26.12%, well above the regulatory requirement. Bajaj Housing Finance continued to hold its highest credit ratings of AAA/Stable for long-term instruments and A1+ for short-term borrowings from both CRISIL and India Ratings.

Management Commentary

Atul Jain, the Managing Director of Bajaj Housing Finance, commented that the firm kept on delivering steady performance, supported by sensible risk management, low credit costs, and a strong balance sheet. He further said that – the company is committed to continuing its growth journey, in a profitable and sustainable manner – and all that would be enabled by operational discipline and techno-logical efficiency.

Overview of Balance Sheet

As of September 30, 2025, Bajaj Housing Finance’s total assets stood at ₹1,15,976 crore, up from ₹93,799 crore a year earlier. Liabilities, comprising borrowings and debt securities, amounted to ₹94,013 crore, while equity was ₹21,180 crore. The company’s net worth increased 13% year-on-year to ₹21,170 crore, reflecting a strong and healthy capital foundation.

Stock Market Performance

After releasing the Q2FY26 results, as of 10:40 am IST, Bajaj Housing Finance Ltd shares price were trading at ₹109.60 – up 0.20%. This signals investor confidence in the company’s steady profit growth, and robust AUM increase.

REF: https://nsearchives.nseindia.com/corporate/BHFL_06112025153446_Board_Meeting_Outcome_6_Nov_2025.pdf

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