Bajaj Finance Ltd

Bajaj Finance has allotted 1,83,500 NCDs, at face value of Rs. 1 Lakh each aggregating to Rs. 1,859.30 crore on private placement basis today i.e. 12 November 2025. Powered by Capital Market - Live

Bajaj Finance cut its AUM growth guidance owing to slower growth in the mortgage and SME segments. The company now expects SME growth to range between 10% and 12%, while MSME growth is projected to bottom out in the first quarter of the next financial year. The management also expects credit costs to remain at the higher end of the 1.85%'1.95% guidance range, with improvement anticipated from the next financial year. Elevated credit costs have led Bajaj Finance to reduce its unsecured MSME volumes by 25%. Bajaj Finance reported a 21.89% jump in consolidated net profit to Rs 4,875.36 crore on an 18.04% rise in total income to Rs 20,180.76 crore in Q2 FY26 over Q2 FY25. The consolidated results of Bajaj Finance include the results of its wholly owned subsidiaries, Bajaj Housing Finance (BHFL) and Bajaj Financial Securities (BFinsec), and its associate companies, Snapwork Technologies and Pennant Technologies. The company's operating expenses rose 18% to Rs 4,296 crore in Q2 FY26 as compared to Rs 3,639 crore posted in the corresponding quarter last year. Net interest income (NII) increased 22% to Rs 10,785 crore for Q2 FY26 from Rs 8,838 crore reported in Q2 FY25. The operating expenses to net total income ratio for Q2 FY26 stood at 32.6%, as against 33.2% in Q2 FY25. Loan losses and provisions rose 19% in Q2 FY26 to Rs 2,269 crore from Rs 1,909 crore in Q2 FY25. Profit before tax (PBT) stood at Rs 6,608 crore, up 22% from Rs 5,401 crore reported in Q2 FY25. The number of new loans booked during the quarter grew 26% to 12.17 million, compared to 9.69 million in Q2 FY25. Customer franchise stood at 110.64 million as of 30 September 2025, as compared to 92.09 million as of 30 September 2024, up 20% YoY. The NBFC's consolidated deposits book grew 5% YoY to Rs 69,766 crore as of 30 September 2025. Assets under management (AUM) increased 24% to Rs 4,62,261 crore as of 30 September 2025 from Rs 3,73,924 crore a year earlier. AUM grew by Rs 20,811 crore during Q2 FY26. On the asset quality front, Gross NPA and Net NPA as of 30 September 2025 stood at 1.59% and 0.77%, respectively, compared to 1.33% and 0.58% as of 30 September 2024. The company maintained a provision coverage ratio of 52% on Stage 3 assets. The NBFC's annualized return on average assets (ROA) stood at 4.5% in Q2 FY26, unchanged from Q2 FY25. The return on average equity (ROE) also remained stable at 19.1% during the same period. The capital adequacy ratio (CRAR), including Tier-II capital, stood at 21.23% as of 30 September 2025, while the Tier-I capital ratio was 20.54%. Meanwhile, the company's board approved the re-appointment of Neelesh Sarda as chief compliance officer, effective 1 February 2026. Further, the board approved the elevation of Manish Jain, Senior President ' Capital Markets, as Deputy CEO. In addition to his current role as Managing Director of BFSL, Manish will also oversee the company's Loan Against Securities, Commercial Lending, and Deposits businesses. Additionally, the board approved the elevation of Jennifer Fernandes, Deputy Chief Human Resources Officer, as the Chief Human Resources Officer of the company. Bajaj Finance is one of India's leading and most diversified financial services companies. The company is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME, and commercial customers with a significant presence. Powered by Capital Market - Live

Bajaj Finance Ltd lost 5.74% today to trade at Rs 1023.15. The BSE Financial Services index is down 0.01% to quote at 13030.98. The index is up 2.21 % over last one month. Among the other constituents of the index, Bajaj Finserv Ltd decreased 3.89% and Dam Capital Advisors Ltd lost 3.14% on the day. The BSE Financial Services index went up 13.07 % over last one year compared to the 5.25% surge in benchmark SENSEX. Bajaj Finance Ltd has lost 0.05% over last one month compared to 2.21% gain in BSE Financial Services index and 1.42% rise in the SENSEX. On the BSE, 1.71 lakh shares were traded in the counter so far compared with average daily volumes of 3.54 lakh shares in the past one month. The stock hit a record high of Rs 1102.45 on 23 Oct 2025. The stock hit a 52-week low of Rs 645.31 on 21 Nov 2024.Powered by Capital Market - Live

Net profit of Bajaj Finance rose 21.89% to Rs 4875.36 crore in the quarter ended September 2025 as against Rs 3999.73 crore during the previous quarter ended September 2024. Sales rose 18.71% to Rs 19867.45 crore in the quarter ended September 2025 as against Rs 16736.58 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales19867.4516736.58 19 OPM %69.8270.23 - PBDT6866.195611.52 22 PBT6608.135401.48 22 NP4875.363999.73 22 Powered by Capital Market - Live

Net profit of Bajaj Finance declined 24.28% to Rs 4250.77 crore in the quarter ended September 2025 as against Rs 5613.71 crore during the previous quarter ended September 2024. Sales rose 19.41% to Rs 16893.09 crore in the quarter ended September 2025 as against Rs 14146.54 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales16893.0914146.54 19 OPM %66.2266.33 - PBDT5944.834842.27 23 PBT5703.284646.61 23 NP4250.775613.71 -24 Powered by Capital Market - Live

The company disbursed 63 lakh consumer loans between 22 September and 26 October 2025, marking a 27% jump in volume and a 29% increase in value compared with the same period last year. Bajaj Finance also added 23 lakh new customers, with 52% being first-time borrowers. Chairman Sanjiv Bajaj credited the government's new GST reforms and personal income tax changes for boosting consumer purchasing power, particularly among middle- and lower-income households. He said the festive surge reflected a trend toward premiumization, as customers upgraded to higher-end consumer goods such as televisions and air-conditioners. Loans for 40-inch and above TVs accounted for 71% of total TV financing, up from 67% a year earlier. Bajaj Finance is a deposit-taking non-banking financial company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). The company serves over a 110 million customers through a diversified portfolio comprising consumer loans, SME finance, commercial lending, rural lending, fixed deposits and payments, offered through Web, App and at 4,000+ locations. The company's board will consider Q2 results on 10 November 2025. The company reported 20.13% jump in consolidated net profit to Rs 4,699.61 crore on 21.26% rise in total income to Rs 19,528.48 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

Bajaj Finance said it had seen a surge in consumption finance during the festive season, disbursing a record number of consumer loans, higher by 27% in volume and 29% in value as compared to the same period last year. The rise in consumption credit, represented by loans for consumer goods, reflects the positive outcome of the government's next generation GST reforms and changes in personal income tax, aimed at increasing consumers' purchasing power. Bajaj Finance disbursed approximately 63 lakh loans from September 22 to October 26, 2025. During this period, the company acquired 23 lakh new customers, of which 52% were new-to-credit, thus significantly advancing financial inclusion. Powered by Capital Market - Live

Bajaj Finance Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1048.75, down 1.34% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.49% on the day, quoting at 25925.8. The Sensex is at 84572.81, down 0.5%.Bajaj Finance Ltd has added around 6.18% in last one month.Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has increased around 4.07% in last one month and is currently quoting at 27587.65, down 0.48% on the day. The volume in the stock stood at 22.17 lakh shares today, compared to the daily average of 71.06 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 1054.5, down 1.5% on the day. Bajaj Finance Ltd jumped 52.22% in last one year as compared to a 7.11% rally in NIFTY and a 14.94% spurt in the Nifty Financial Services index.The PE of the stock is 42.93 based on TTM earnings ending June 25.Powered by Capital Market - Live

Bajaj Finance announced that Babu Rao, General Counsel, has tendered his resignation and consequently ceased to be a Senior Management Personnel of the Company effective from the close of the business hours on 16 October 2025.Powered by Capital Market - Live

Bajaj Finance will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live