Bajaj Housing Finance Ltd has released its provisional business update for Q2 FY26, showcasing strong growth in both loan disbursements and assets under management (AUM).
Key Highlights
- Gross Disbursements: ₹15,900 crore in Q2 FY26, up 32% YoY from ₹12,014 crore in Q2 FY25.
- Assets Under Management (AUM): ₹1,26,740 crore, reflecting a 24% YoY increase, with sequential growth of ₹6,320 crore in the quarter.
- Loan Assets (AR): ₹1,13,050 crore, up 24.2% YoY from ₹89,878 crore in September 2024, and 6.5% QoQ.
Financial Performance
In Q1 FY26, the company reported:
- Net Profit: ₹583 crore, up 21% YoY.
- Net Interest Income (NII): ₹887 crore, a 33.4% increase from the previous year.
Asset quality remained stable for the NBFC:
- Gross NPA: 0.3% (vs 0.28% in March 2025)
- Net NPA: 0.13% (vs 0.11% in March 2025)
- Provision Coverage Ratio (Stage 3 assets): 56%
Sequential Growth
The company’s AUM grew 5% sequentially, while loan assets expanded 6.5% compared to the previous quarter. Disbursements in Q1 FY26 had stood at ₹14,640 crore, up 22% YoY and 2.7% QoQ, providing a strong foundation for continued growth.
Summary
- Q2 FY26 Disbursements: ₹15,900 crore (+32% YoY)
- AUM: ₹1,26,740 crore (+24% YoY, +5% QoQ)
- Loan Assets: ₹1,13,050 crore (+24.2% YoY, +6.5% QoQ)
- Net Profit: ₹583 crore (+21% YoY)
- Asset Quality: Remains healthy with Gross NPA at 0.3%
Bajaj Housing Finance’s strong quarter underscores robust demand for housing finance, steady asset quality, and a healthy growth trajectory for its lending business.
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