Bajaj Housing Finance Ltd. · NSE:BAJAJHFL
Bajaj Housing Finance — Q4 FY26 Earnings Presentation
38 slides from Bajaj Housing Finance's earnings presentation, Apr 27, 2026
Slide 1: Investor Presentation Q4 FY26
INVESTOR PRESENTATION Q4 FY26 27 Apr 2026
Slide 2: Table of Contents
Table of Contents Executive Summary 1 Executive Summary Overview of Bajaj Housing Finance 2 Overview of Bajaj Housing Finance Financial Performance 3 Financial Performance Treasury Update 4 Treasury Update Business Wise Update 5 Business Wise Update Asset Quality 6 Asset Quality 2 Click on the respe
Slide 3: Quarterly Synopsis
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality EXECUTIVE SUMMARY Quarterly Synopsis Overall good quarter across AUM, asset quality and operating efficiency. During the quarter, AUM grew 23% while PBT grew 20% and PAT was u
Slide 4: Quarterly Financial Indicators: AUM Growth
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality EXECUTIVE SUMMARY Quarterly Financial Indicators HIGHLIGHTS BUSINESS METRICS ✓ AUM growth for the quarter was ₹ 7,294 Cr; ↑ 23% AUM as compared to ₹ 6,370 Cr for Q4 FY25 and H
Slide 5: Quarterly Financial Indicators: Cost of Funds and Efficiency
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality EXECUTIVE SUMMARY Quarterly Financial Indicators HIGHLIGHTS COST OF FUNDS & LIQUIDITY ✓ On sequential basis, COF witnessed moderation of 4 bps on account of rate transmission
Slide 6: Quarterly Financial Indicators: Asset Quality
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality EXECUTIVE SUMMARY Quarterly Financial Indicators HIGHLIGHTS ASSET QUALITY ✓ Asset quality was stable during the quarter ₹ 55 Cr | Q4 FY26 0.27% 0.27% | Q3 FY26 with GNPA at 27
Slide 7: FY26 Actual v/s Near Term Assessment
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality EXECUTIVE SUMMARY FY26 Actual v/s Near Term Assessment The Company performed well across all metrics i.e., AUM growth, opex efficiency, asset quality and return metrics. AUM g
Slide 8: Part of Bajaj Group
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Part of Bajaj Group Bajaj Finserv Limited (Listed) 51.32%1 77.33%2 77.33%2 100% 100% 100%3 100%4 Bajaj Finserv Bajaj Alternate Bajaj Finance
Slide 9: Journey at a glance
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Journey at a glance FY18 FY20 FY22 FY24 FY26 ▪ Started lending FY19 ▪ Crossed AUM FY21 ▪ Crossed AUM FY23 ▪ Crossed AUM FY25 ▪ Crossed AUM op
Slide 10: Consistent Financial Performance: 9-year Financial Snapshot
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Consistent Financial Performance: 9-year Financial Snapshot ₹ in Crore CAGR Financials Snapshot FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26
Slide 11: Company's internal structure is aligned with customer segments
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Company’s internal structure is aligned with customer segments 3 Business Verticals Retail Retail Commercial (Near Prime and (Prime) (LRD and
Slide 12: Largest non-deposit taking HFC offering full suite of mortgage products
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Largest non-deposit taking HFC offering full suite of mortgage products » Commercial Lease Rental » Salaried Prime Home Loans Discounting » S
Slide 13: Omnichannel sourcing strategy
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Omnichannel sourcing strategy RETAIL COMMERCIAL HOME LOAN AGAINST LEASE RENTAL DEVELOPER LOAN PROPERTY DISCOUNTING FINANCE Developer ecosyste
Slide 14: Strong risk management delivering healthy asset quality
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Strong risk management delivering healthy asset quality RETAIL COMMERCIAL » Underwriting through centralized hubs » Dedicated underwriting st
Slide 15: Seamless Customer Journey from Origination to Service through Digital Initiatives
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Seamless Customer Journey from Origination → Service through Digital Initiatives Digital Sales Auto CAM Customer Onboarding Partner Customer
Slide 16: Scalable IT architecture
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Scalable IT architecture – Tech Enabler for enhancing customer experience Single Platform for Core Applications Support Systems 100% Cloud Le
Slide 17: Strategic Differentiators
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Strategic Differentiators Focus on building scalable balance sheet with Prime SCALABLE BALANCE SHEET Housing and Lease Rental Discounting as
Slide 18: Shareholding Profile
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality OVERVIEW OF BAJAJ HOUSING FINANCE Shareholding Profile Holding of Top-20 Investors S. No. Name of Shareholder Holding % 1 Bajaj Finance Limited 86.7 0.35% 2 Catamaran Ventures
Slide 19: Quarterly Financial Snapshot
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality FINANCIAL PERFORMANCE Quarterly Financial Snapshot ₹ in Crore Financials Snapshot Q4 FY26 Q4 FY25 YoY FY26 FY25 YoY Assets under management 140,706 114,684 23% 140,706 114,684
Slide 20: Key Financial Trends
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality FINANCIAL PERFORMANCE Key Financial Trends ₹ in Crore ASSETS INCOME 126,749 133,412 140,706 114,684 120,420 2,748 2,884 2,903 108,314 2,504 2,616 91,370 97,071 102,569 2,204 2
Slide 21: Key Financial Trends: Yield, Margin, Returns
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality FINANCIAL PERFORMANCE Key Financial Trends PORTFOLIO YIELD, COF AND GROSS SPREAD MARGIN AND OPERATING EFFICIENCY 9.9% 9.8% 9.9% 9.8% 9.7% 27.2% 9.5% 9.3% 9.1% 8.9% 21.1% 20.7%
Slide 22: Diversified Borrowing Mix supported by highest possible domestic credit rating
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality TREASURY UPDATE Diversified Borrowing Mix supported by highest possible domestic credit rating Focus on Longer tenor Highest possible funding through Money Diversified borrowi
Slide 23: Behaviouralized ALM position
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality TREASURY UPDATE Behaviouralized ALM position 48% 30% 12% 5% 3% 5% 3% 2% 3% 0% (10%) (10%) (20%) 100% 100% 74% 72% 57% 56% 28% 27% 16% 16% 10% 10% 7% 6% 1% 1% 1% 1% 3% 3% 1-7 D
Slide 24: Key Sustainability Ratios
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality TREASURY UPDATE Key Sustainability Ratios 8 times# 6.7 6.0 5.5 5.5 5.6 5.4 5.0 5.1 5.2 28.98% 28.24% 27.86% 26.94% 26.12% 23.82% 28.46% 27.72% 23.15% 27.36% 26.43% 22.46% 21.2
Slide 25: Most Diversified HFC straddling across mortgage products
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality BUSINESS WISE UPDATE Most Diversified HFC straddling across mortgage products AUM Mix 1.5% 1.3% 1.2% 11.6% 11.5% 12.5% 21.9% 22.4% 19.1% 56.2% 54.5% 54.1% 10.7% 10.7% 10.8% MA
Slide 26: Home Loans
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality BUSINESS WISE UPDATE Home Loans Offering spanning across all home loan transactions spectrum: New home purchase, resale, balance transfer and AUM 76,055 Cr self-construction M
Slide 27: Sambhav Housing (Near-prime and Affordable)
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality BUSINESS WISE UPDATE Sambhav Housing (Near-prime and Affordable) : Differentiated Business Model for Expanding Addressable Customer Segment and Yield NEAR-PRIME AFFORDABLE BUI
Slide 28: Loans Against Property
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality BUSINESS WISE UPDATE Loans Against Property AUM 15,191 Cr Sourcing from both intermediaries as well as direct-to- customer channels Covering all customer segments: Self-employ
Slide 29: Lease Rental Discounting
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality BUSINESS WISE UPDATE Lease Rental Discounting LRD offering across stabilized commercial assets including AUM 31,531 Cr office space, warehousing and industrial properties Dual
Slide 30: Developer Finance
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality BUSINESS WISE UPDATE Developer Finance Offering construction finance for residential as well as AUM 16,226 Cr commercial real estate Granular book across 885 projects Location
Slide 31: Asset Quality Trends
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality ASSET QUALITY Asset Quality Trends 99.37% 99.35% 99.39% 99.34% 99.39% 99.36% 99.39% 99.36% 99.37% 0.36% 0.38% 0.32% 0.37% 0.32% 0.34% 0.34% 0.37% 0.36% 63.75% 59.37% 57.87% 55
Slide 32: Product Level Provisioning Coverage
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality ASSET QUALITY Product Level Provisioning Coverage ₹ in Crore GNPA % NNPA % AUM Particulars GNPA NNPA PCR (%) 31 Mar 26 31 Mar 25 31 Dec 25 31 Mar 26 31 Mar 25 31 Dec 25 31 Mar
Slide 33: Product Level Stagewise Provisioning
Executive Overview of Bajaj Financial Treasury Business Wise Asset Summary Housing Finance Performance Update Update Quality ASSET QUALITY Product Level Stagewise Provisioning ₹ in Crore Gross Assets Receivable ECL Provision PCR % Particulars Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 Stage 1 S
Slide 34: Thank You
THANK YOU 35 34
Slide 35: 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 36: 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 8 - 192 4 7 69 2,388 - - - 2,668 Advances 1,403 554 1,448 2,730 2,637 7,561 13,433 37,949 21,885 34,145 123,745 Other inflows 2 150 1,002 4,0
Slide 37: Abbreviation
ANNEXURE Abbreviation Term Full Form Term Full Form Non-Banking Finance Company – Upper Layer as per “Scale NBFC-UL ROA Return on Average Assets Based Regulation” by the RBI HFC Housing Finance Company ROE Return on Average Equity GNPA Gross Non-Performing Assets CRAR Capital Adequacy Ratio NNPA Net
Slide 38: 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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