Bajaj Housing Finance Posts Strong Q1 FY27 Results; Net Profit Rises 23% on Sustained AUM Growth

Bajaj Housing Finance Posts Strong Q1 FY27 Results; Net Profit Rises 23% on Sustained AUM Growth​

Bajaj Housing Finance Limited (BHFL) announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant increase in net profit after tax (PAT), driven by steady growth in assets under management and strong performance across various income streams.

The Board of Directors approved the Q1 FY27 financials, which reflect continued operational momentum compared to the previous year.

Key Financial Performance Highlights​

The financial results show an upward trend in profitability and asset expansion. Total Income from operations reached ₹3,063.02 crore for the quarter ended June 30, 2026, up from ₹2,902.61 crore in Q1 FY26 (unaudited). The Net Total Income stood at ₹1,175 crore for Q1 FY27 compared to ₹1,009 crore in Q1 FY26.

Profit after tax stood at ₹715.28 crore, marking a 23% increase from the ₹583.30 crore reported in Q1 FY26. The company's Total Comprehensive Income was recorded at ₹725.71 crore for the period.

The financial stability of the company is demonstrated by its robust balance sheet and risk parameters. Net Worth increased to ₹23,233.77 crore as of June 30, 2026, up from ₹20,508.37 crore in Q1 FY26.

Asset Growth and Risk Metrics​

Bajaj Housing Finance reported significant growth in its loan portfolio during the first quarter. Assets under Management (AUM) increased by 24% to ₹1,49,624 crore as of June 30, 2026, up from ₹1,20,420 crore in Q1 FY26. Correspondingly, Loan Assets reached ₹1,31,162 crore.

The company maintained disciplined risk parameters:

• Gross Non-Performing Asset (GNPA) ratio stood at 0.29%, slightly improved from 0.30% in Q1 FY26.
• Net NPA ratio was recorded at 0.12%, down from 0.13% in the same period.
• The Provisioning Coverage ratio on stage 3 assets was maintained at 58.53%.
• The Capital Adequacy Ratio (including Tier-II capital) stood at 21.59%.

Financial Overview: Q1 FY27 vs Q1 FY26 and FY26​

A comparative look at the financial performance across the periods highlights operational efficiencies and profitability trends:

Lending Activities and Security Cover​

The company reported various loan activities for the quarter:

• Loans Transferred through Assignment: The amount of loan accounts assigned through Direct Assignment was ₹1,898.70 crore, involving 9 accounts.
• Loans Acquired: BHFL acquired loans totaling ₹1,466.74 crore across 8,246 accounts during the quarter.

The company also provided an independent certificate confirming that it maintained adequate Security Cover for its listed Non-Convertible Debt Securities (NCDs) as of June 30, 2026. The security cover ratio on book value stood at 1.002.

BAJAJHFL Stock Price Movement​

Bajaj Housing Finance Limited shares climbed today, closing at ₹87.63 after edging up by 2.60%. The stock traded actively during the session, which saw a high of ₹87.95 and recorded a volume of 4.2 million shares.