Bajaj Housing Finance Ltd. · NSE:BAJAJHFL
Bajaj Housing Finance — Q1 FY26 Earnings Presentation
37 slides from Bajaj Housing Finance's earnings presentation, Jul 23, 2025
Slide 1: Investor Presentation Q1 FY26
INVESTOR PRESENTATION Q1 FY26 23 July 2025
Slide 2: Table of Contents
Table of Contents Executive Summary Overview of Bajaj Housing Finance Financial Performance Treasury Update Business Wise Update Asset Quality Management Assessment - FY26 BAJAJ HOUSING FINANCE LIMITED 2 2
Slide 3: Executive Summary: Quarterly Synopsis
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 EXECUTIVE SUMMARY Quarterly Synopsis Overall a balanced quarter with AUM growth of 24% driven by moderation in real estate market coupled with int
Slide 4: Quarterly Financial Indicators: AUM Growth
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 EXECUTIVE SUMMARY Quarterly Financial Indicators BUSINESS METRICS ✓ AUM growth for the quarter was ₹ 5,736 Cr 24%↑ AUM as against ₹ 5,701 Cr for Q
Slide 5: Quarterly Financial Indicators: Cost of Funds and Efficiency
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 EXECUTIVE SUMMARY Quarterly Financial Indicators COST OF FUNDS & LIQUIDITY ✓ Liquidity buffer stood at ₹ 3,079 Cr as of 30 June 2025 and liquidity
Slide 6: Quarterly Financial Indicators: Credit Cost and Profitability
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 EXECUTIVE SUMMARY Quarterly Financial Indicators CREDIT COST 0.30% 0.29% | Q4 FY25 ✓ Loan loss to avg. loan assets stood at 0.16% GNPA (annualized
Slide 7: Part of Bajaj Group
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE Part of Bajaj Group Bajaj Holdings & Investment Limited (Listed) 34.21% 34.21% 2 2 38.35%1 XX.XX% 51%3 XX.XX% Ba
Slide 8: Journey at a glance
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE Journey at a glance … FY18 FY20 FY22 FY24 ▪ Started lending FY19 ▪ Crossed AUM FY21 ▪ Crossed AUM FY23 ▪ Crossed
Slide 9: 8-year Financial Snapshot
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE … backed by Consistent Financial Performance: 8-year Financial Snapshot ₹ in Crore CAGR Financials Snapshot FY18
Slide 10: Largest non-deposit taking HFC offering full suite of mortgage products
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE Largest non-deposit taking HFC offering full suite of mortgage products… » Salaried Prime Home Loans » Commercia
Slide 11: Omnichannel sourcing strategy
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE … through omnichannel sourcing strategy... RETAIL COMMERCIAL HOME LOAN AGAINST LEASE RENTAL DEVELOPER LOAN PROPE
Slide 12: Enhancing customer experience through digital initiatives
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE … by consistently enhancing customer experience through digital initiatives… EASE OF DIGITAL EASE OF PROCESS ACQ
Slide 13: Healthy asset quality through strong risk management
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE … while maintaining healthy asset quality through strong risk management RETAIL COMMERCIAL » Underwriting throug
Slide 14: Strategic Construct
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE Strategic Construct Focus on building scalable balance sheet through Prime SCALABLE BALANCE SHEET Housing and Le
Slide 15: Medium-term Guidance on Key Financial Indicators
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE Medium-term Guidance on Key Financial Indicators AUM Growth Opex to NTI 24-26% 14 – 15% GNPA Credit Cost 40 – 60
Slide 16: Shareholding Profile
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 OVERVIEW OF BAJAJ HOUSING FINANCE Shareholding Profile Holding of top-20 investors S. No. Name of Shareholder Holding % 1 Bajaj Finance Limited 88
Slide 17: Quarterly Financial Snapshot
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 FINANCIAL PERFORMANCE Quarterly Financial Snapshot ₹ in Crore Financials Snapshot Q1 FY26 Q1 FY25 YoY FY25 FY24 YoY Assets under management 120,42
Slide 18: Key Financial Trends
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 FINANCIAL PERFORMANCE Key Financial Trends ₹ in Crore ASSETS INCOME 108,314 114,684 120,420 2,618 2,449 2,509 97,071 102,569 2,209 2,410 81,215 85
Slide 19: Key Financial Trends
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 FINANCIAL PERFORMANCE Key Financial Trends PORTFOLIO YIELD, COF AND GROSS SPREAD MARGIN AND OPERATING EFFICIENCY 10.1% 9.9% 9.9% 9.9% 9.8% 9.9% 9.
Slide 20: Diversified Borrowing Mix supported by highest domestic credit rating
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 TREASURY UPDATE Diversified Borrowing Mix supported by highest possible domestic credit rating… Focus on Longer tenor Highest possible Diversified
Slide 21: Comfortable behaviouralized ALM position
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 TREASURY UPDATE … with comfortable behaviouralized ALM position 8% 7% 6% 4% 4% 8% 2% 1% 1% 0% (10%) (10%) (20%) 100% 100% 72% 71% 55% 55% 28% 27%
Slide 22: Key Sustainability Ratios
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 TREASURY UPDATE Key Sustainability Ratios 8 times# 6.5 6.7 6.4 6.0 5.4 5.0 5.1 5.2 28.98% 28.24% 27.86% 26.94% 23.82% 28.46% 27.72% 22.64% 27.36%
Slide 23: Most Diversified HFC across mortgage products
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 BUSINESS WISE UPDATE Most Diversified HFC straddling across mortgage products AUM Mix 1.8% 1.5% 11.9% 1.4% 11.2% 12.5% 19.5% 19.1% 20.4% 57.5% 56.
Slide 24: Home Loans
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 BUSINESS WISE UPDATE Home Loans Offering spanning all home loan transaction spectrum: New AUM 67,255 Cr home purchase, resale, balance transfer an
Slide 25: Loans Against Property
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 BUSINESS WISE UPDATE Loans Against Property AUM 12,633 Cr Sourcing from both intermediaries as well as direct-to- customer channels Covering all c
Slide 26: Lease Rental Discounting
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 BUSINESS WISE UPDATE Lease Rental Discounting LRD offering across stabilized commercial assets including AUM 24,514 Cr office space, warehousing a
Slide 27: Developer Financing
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 BUSINESS WISE UPDATE Developer Financing Offering construction finance for residential as well as AUM 14,301 Cr commercial real estate Granular bo
Slide 28: Asset Quality Trends
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 ASSET QUALITY Asset Quality Trends 99.26% 99.33% 99.31% 99.37% 99.35% 99.39% 99.34% 99.39% 99.36% 0.52% 0.43% 0.43% 0.36% 0.38% 0.32% 0.37% 0.32%
Slide 29: Stagewise Provisioning
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 ASSET QUALITY Stagewise Provisioning ₹ in Crore Gross Assets Receivable ECL Provision PCR % Particulars Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 St
Slide 30: Provisioning Coverage
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 ASSET QUALITY Provisioning Coverage ₹ in Crore GNPA % NNPA % AUM Particulars GNPA NNPA PCR (%) 30 Jun 25 30 Jun 24 31 Mar 25 30 Jun 25 30 Jun 24 3
Slide 31: Management Assessment of Key Financial Indicators for FY26
Executive Overview of Bajaj Financial Treasury Business Wise Asset Management Summary Housing Finance Performance Update Update Quality Assessment - FY26 MANAGEMENT ASSESSMENT – FY26 Management Assessment of Key Financial Indicators for FY26 Key Indicators Medium Term FY26 Assessment for FY26 Assess
Slide 32: Thank You
THANK YOU BAJAJ HOUSING FINANCE LIMITED 35 32
Slide 33: Disclaimer
Disclaimer This presentation has been prepared by and is the sole responsibility of Bajaj Housing Finance Limited (referred to as the “Company” or “Bajaj Housing Finance” ) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any
Slide 34: Abbreviation
ANNEXURE Abbreviation Term Full Form Term Full Form Non-Banking Finance Company – Upper Layer as per “Scale NTI Net Total Income NBFC-UL Based Regulation” by the RBI NIM Net Interest Margin HFC Housing Finance Company ROA Return on Average Assets GNPA Gross Non-Performing Assets ROE Return on Averag
Slide 35: Behaviouralized ALM snapshot
ANNEXURE Behaviouralized ALM snapshot ₹ in Crore Particulars 1-7 D 8-14 D 15-30/31 D >1-2 M >2-3 M >3-6 M >6 M-1 Y >1-3 Y >3-5 Y >5 Y Total Cash & Investments 101 131 598 - 400 378 1,098 256 371 - 3,333 Advances 1,133 424 1,233 2,187 2,124 6,100 10,755 30,619 17,953 33,426 105,954 Other inflows 250
Slide 36: Additional Metrics – Q1 FY26
ANNEXURE Additional Metrics – Q1 FY26 Particulars Metrics AUM Mix: On-book (%) 88% Off-book (%) 12% AUM / Branch (₹ in Crore) 555 Cr AUM / Employee (₹ in Crore) 60 Cr Yield on Loan Assets (%) 9.7% Cost of Borrowings (%) 7.6% Spread (%) 2.1% Opex to Average Assets (%) 0.8% HL Sourcing Channel Mix at
Slide 37: Formulas
ANNEXURE Formulas Particulars Metrics Opex to NTI Ratio of operating expenses to net total income for relevant period Net Interest Margin (NIM) Ratio of total income reduced by finance cost to average loan assets for relevant period RoA Ratio of profit after tax to average loan assets for the releva
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