Bajaj housing finance: Bajaj Housing Finance of Bajaj Group has released its provisional business update for the September 2025 quarter (Q2 FY26). The company has distributed a total home loan of about ₹ 15,900 crore in this quarter. This is 32% more than ₹ 12,014 crore in the same quarter last year.
During this period, Bajaj Housing Assets Under Management (AUM) increased by 24% to about ₹ 1,26,740 crore on an annual basis. Only in Q2 FY26, AUM increased by about ₹ 6,320 crore.
Loan Assets and Profit
As of September 30, 2025, the company’s loan assets (AR) were around ₹ 1,13,050 crore, which was ₹ 89,878 crore at the same time last year. During this period, the net profit of Bajaj Housing Finance increased by 21% to ₹ 583 crore on an annual basis. Net Interest Income (NII) or core income increased by 33.4% to ₹ 887 crore.
Asset quality stable
The asset quality of Bajaj Housing Finance remained stable. Gross NPA was recorded 0.3% and NET NPA 0.13%. Provision coverage ratio for stage 3 assets was 56%. By the end of the June quarter, the disbursements were ₹ 14,640 crore. This is 22% on an annual basis and 2.7% higher than the last March quarter.
Brokerage opinion on Bajaj Housing
Motilal Oswal Securities estimates that the business of Bajaj Housing will grow at a steady speed. However, brokerage believes that the valuation is still quite high, due to which there will be gradual recovery in stocks. Motilal Oswal has given a neutral rating to Bajaj Housing Finance and has a target price of 120. This shows a rise of 7.66% from the current price.
Bajaj Housing Share
Bajaj Housing’s share closed at Rs 111.46 on Friday. The stock has come down 5.61% in the last 6 months. At the same time, 18.06% has fallen in a year. It has crashed up to 31.92% from its listing price. The market cap of Bajaj Housing is 92.92 thousand crores.
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