Bajaj Housing Finance Q2 Results: PAT rises 18% YoY to Rs 757 crore, AUM grows 25%

Bajaj Housing Finance posted higher Q2 profit and growing assets under management, supported by rising net interest income and broadly stable asset quality.

Net interest income (NII) rose 10% YoY to Rs 1,055 crore in Q2FY27 from Rs 956 crore in Q2FY26. Net total income increased 15% to Rs 1,254 crore from Rs 1,090 crore a year earlier, according to the exchange filing submitted by the company.

The company's operating expenses to net total income ratio improved to 19.1% in Q2FY27 from 19.7% in the year-ago quarter. Loan losses and provisions declined to Rs 35 crore from Rs 43 crore in Q2FY26.

Assets under management rise 25%

Bajaj Housing Finance's assets under management (AUM) grew 25% YoY to Rs 1,58,205 crore as of September 30, 2026, compared with Rs 1,26,749 crore as of September 30, 2025.

Asset quality remained largely stable during the period. Gross non-performing assets (GNPA) stood at 0.29% as of September 30, 2026, compared with 0.26% a year earlier. Net non-performing assets (NNPA) remained unchanged at 0.12%.

The provisioning coverage ratio on Stage 3 assets was reported at 60%, while the company's capital adequacy ratio, including Tier-II capital, stood at 21.24% as of September 30, 2026.

The housing finance company holds an AAA/Stable rating for its long-term debt programme from CRISIL and India Ratings. Its short-term debt programme carries an A1+ rating from both agencies.

Bajaj Housing Finance share price

Shares of Bajaj Housing Finance ended Friday's trading session at Rs 83.36 on the NSE, down 0.50% from the previous close of Rs 83.78, according to exchange data.

The stock has declined 13.22% in 2026 so far. It has traded in a 52-week range of Rs 72.65 to Rs 112.40 on the NSE.

At the latest closing price, the company's market capitalisation stood at approximately Rs 69,458 crore on the NSE.

Bajaj Housing Finance Ltd (BHFL), a subsidiary of Bajaj Finance Ltd, is a non-deposit-taking housing finance company registered with the National Housing Bank in 2015 and operational since 2017.

The company is classified as an Upper Layer non-banking financial company (NBFC) under the Reserve Bank of India's Scale Based Regulation framework. Its shares have been listed on the NSE and BSE since September 2024. The company is regulated by the RBI, SEBI and IRDAI, and supervised by the NHB.

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