Bajaj Housing Finance's Net Profit Grows 14% in Q4; AUM Crosses 1.40 L Cr

Mumbai, April 27: Bajaj Housing Finance Limited (BHFL) reported a 14% year-on-year increase in net profit for the January–March 2026 quarter, with the bottom line rising to Rs 669 crore from Rs 587 crore in the corresponding quarter of the previous year.

Net interest income rose 15% to Rs 945 crore in Q4 FY26, compared with Rs 823 crore in the year-ago period, reflecting healthy loan book expansion and stable funding costs.

On asset quality, the gross non-performing assets ratio improved marginally to 0.27% at the end of March 2026, against 0.29% a year ago. The net NPA ratio remained flat at 0.11% — a level that continues to reflect among the best asset quality metrics in the housing finance segment. Provision coverage on stage 3 assets stood at approximately 60%.

Loan losses and provisions, however, saw a sharp jump — more than doubling to Rs 55 crore in Q4 FY26 from Rs 26 crore in Q4 FY25.

Turning to the full-year performance, net profit for FY26 grew 18% to Rs 2,560 crore, compared with Rs 2,163 crore in FY25. Net interest income climbed a sharper 25% to Rs 3,752 crore from Rs 3,007 crore in FY25, underpinned by robust disbursement growth of 27% to Rs 64,616 crore for the year.

The gross NPA ratio for FY26 stood at 0.27%, improving from 0.29% in FY25, while the net NPA ratio held steady at 0.11%. For the full year, loan losses and provisions stood at Rs 191 crore against Rs 58 crore in FY25, though on a net basis — after adjusting for the release of a Rs 60 crore management overlay — the figure was Rs 118 crore.

Assets under management grew 23% to Rs 1,40,706 crore as of March 2026, from Rs 1,14,684 crore a year ago. Loan assets on the balance sheet rose 24% to Rs 1,23,745 crore. The capital adequacy ratio, including Tier II capital, stood at 22.46% — well above the regulatory minimum of 15%. The company continues to carry the highest credit ratings of AAA/Stable from CRISIL and India Ratings for its long-term debt programme.

On the recent news front, Bajaj Housing Finance’s board also announced at the April 27 meeting that the company’s 18th Annual General Meeting will be held on July 29, 2026. The company, a subsidiary of Bajaj Finance Limited, has been listed on the NSE and BSE since September 2024 and is classified as an Upper Layer NBFC under RBI’s Scale Based Regulations.

Source:

• https://www.bseindia.com/xml-data/corpfiling/AttachLive/a6e79ef4-3c10-4f7a-8e50-2470d5f64e71.pdf