
Bajaj Housing Finance delivered robust financial performance in Q1FY27, with profit jumping 22.6% year-on-year to ₹715.28 crore for the June quarter. According to reports from the company, this significant profit growth demonstrates the housing finance company's strong operational performance during the quarter, driven by steady business growth and lower loan loss provisions. The company reported a net profit of ₹715 crore for the June quarter, compared with ₹583 crore in the corresponding quarter last year, as reported by CNBC TV18, The Economic Times, and Business Standard. The Board of Directors approved the unaudited financial results on July 29, 2026, in compliance with SEBI regulations, with joint statutory auditors issuing an unmodified limited review report on the financial statements.
The company achieved record quarterly disbursements of ₹19,509 crore during Q1FY27, representing a 33% year-on-year increase and demonstrating strong business momentum across all segments. According to the latest results, overall disbursements grew 33% YoY to ₹19,509 crore, with the home loan segment seeing 20% YoY growth in AUM to ₹80,865 crore. The lease rental discounting business showed the strongest AUM growth at 41% YoY to ₹34,604 crore, while developer finance also saw healthy growth of 19%, reaching ₹17,002 crore. This diversified growth across segments reflects the company's successful portfolio management strategy and ability to capture opportunities across different housing finance products. On a sequential basis, disbursements rose 11% from ₹17,506 crore in Q4 FY26, marking the company's highest-ever quarterly disbursement.
The company's total revenue from operations increased 17.2% to ₹3,063.02 crore in Q1FY27, compared to ₹2,612.83 crore in the corresponding quarter of FY26. As reported by CNBC TV18, net interest income (NII) rose 9% to ₹968 crore in the first quarter from ₹887 crore a year ago, while net total income increased 16% to ₹1,175 crore from ₹1,009 crore. The cost of funds moderated by 7 basis points sequentially to 7.2%, while the net interest margin stood at 3.7%, down from 3.9% a year ago and 3.8% in the preceding quarter. Total income stood at ₹3,063 crore during the reporting quarter, up from ₹2,616 crore a year earlier, reflecting a 17% increase in revenue growth. The operating expenses-to-net total income ratio improved to 19.6% from 21.2% in the year-ago period, demonstrating enhanced cost management and operational efficiency. Pre-provisioning operating profit jumped 19% year-on-year to ₹945 crore in the June quarter, as reported by Business Standard.
Asset quality remained stable with gross non-performing assets (GNPA) at 0.29% as of June 30, 2026, compared with 0.30% a year earlier and 0.27% in the previous quarter, as reported by Business Standard. Net non-performing assets (NNPA) stood at 0.12%, improving from 0.13% in the corresponding period last year and 0.11% in Q4 FY26. The provisioning coverage ratio on stage 3 assets was 59%, while stage-2 assets stood at ₹416 crore (0.32%), indicating controlled migration risks. The company maintained strong capital adequacy with capital-to-risk-weighted assets ratio at 21.59%, with the Tier-I capital ratio at 21.17%. Credit cost improved significantly to 0.05% from 0.15% a year ago, while loan losses and provisions dropped significantly by 58% to ₹16 crore during the quarter from ₹38 crore a year earlier, contributing significantly to the overall profit growth and demonstrating the company's improved risk management capabilities.
Assets under management (AUM) stood at ₹1.49 lakh crore as of June 30, 2026, up 24% year-on-year from ₹1.20 lakh crore and 6.3% quarter-on-quarter from ₹1.41 lakh crore at the end of March 2026, as reported by Business Standard. Loan assets also grew 24% YoY to ₹1.31 lakh crore. Among key business segments, home loans continued to account for the largest share at 54.1% of AUM, followed by lease rental discounting with the fastest growth at 41% YoY, loans against property at 22%, home loans at 20%, and developer finance at 19%. Return on assets (RoA) remained steady at 2.3%, while return on equity (RoE) improved to 12.5% from 11.6% a year ago. Shares of Bajaj Housing Finance Ltd settled 2.30% higher at ₹87.63 on the NSE following the announcement of the quarterly results, as reported by NDTV Profit. However, the scrip fell 1.63% to currently trade at ₹86.10 on the BSE following the latest results announcement, as reported by Business Standard. The positive market response reflects investor confidence in the company's strong financial performance, stable asset quality, and robust business growth across key financial metrics.