Bajaj Finance Q1 FY27: AUM rises 24% to ₹5.46T

Stock reaction: shares advance on business update

Bajaj Finance shares gained 1.46% to ₹1,033.65 after the company reported strong operating momentum for the quarter ended June 30, 2026 (Q1 FY27). The market move followed disclosure that new loans booked increased 20% year-on-year to 1.61 crore. The same metric stood at 1.35 crore in the corresponding quarter last year. The update also highlighted a sharp expansion in assets under management (AUM), a key scale indicator for retail-focused NBFCs.

AUM expands to ₹5.46 trillion as of June 30, 2026

Bajaj Finance said AUM rose 24% year-on-year to approximately ₹5.46 trillion as of June 30, 2026. In crore terms, that is about ₹5,46,000 crore, up from ₹4.41 trillion (about ₹4,41,000 crore) a year earlier. During the quarter, AUM expanded by around ₹36,900 crore. This change provides a snapshot of the pace at which the loan book continues to grow into FY27, following steady expansion in the previous year.

New loan bookings rise 20% YoY to 16.13 million

During Q1 FY27, new loan bookings grew 20% year-on-year to 16.13 million (1.61 crore). The company compared this with 13.49 million (1.35 crore) new loans in the corresponding quarter of the previous financial year. Loan bookings are a closely watched operating metric because they signal demand, distribution strength, and the ability to scale across products. The growth rate also helps investors assess whether expansion in AUM is being supported by fresh origination momentum.

Customer franchise grows to 110.64 million

The company expanded its customer base to 110.64 million, after adding over 4 million new customers. Bajaj Finance’s retail-led strategy makes customer additions important because it supports cross-sell, repeat borrowing, and product diversification over time. The customer number also sets context for the scale of new loan booking volumes reported for the quarter. While the update did not provide product-level splits for Q1 FY27, the combination of higher AUM, strong bookings, and customer additions signals continued traction.

Context: how Q1 FY26 set the base for FY27

The Q1 FY27 update comes after a strong performance in the first quarter of FY26, when Bajaj Finance reported a 22% year-on-year increase in consolidated net profit to ₹4,765 crore. Net interest income (NII) in that quarter rose 22% year-on-year to ₹10,227 crore. For Q1 FY26, the company also reported consolidated total income (sales proxy) of ₹19,528 crore, and another data point cited net sales of ₹19,523.88 crore versus ₹16,098.67 crore in Q1 FY25. Profit after tax (PAT) was also cited at ₹4,699.61 crore in Q1 FY26 versus ₹3,911.98 crore in Q1 FY25.

Earlier operating metrics show consistent origination growth

Operationally, Bajaj Finance had earlier reported new loans booked at 13.49 million in Q1 FY26 versus 10.97 million in Q1 FY25, a growth of 23%. That prior-year trajectory provides a reference point for the latest Q1 FY27 booking figure of 16.13 million. The company’s disclosures also pointed to a period where new loan bookings jumped 26% alongside the customer base expansion to 110.64 million. Taken together, the available numbers show that origination volumes have stayed on a rising path across multiple quarters.

Key numbers at a glance

Market impact: what investors may be tracking

The immediate share price rise suggests the market responded positively to the business update, especially the combination of AUM growth and higher loan bookings. AUM at ~₹5.46 trillion indicates the company is scaling its loan book, while the ₹36,900 crore quarterly expansion shows continued accretion within the reported period. Loan booking growth to 16.13 million reinforces that origination activity remains strong relative to last year.

From a financial lens, the prior quarter disclosures on profitability and NII matter because they set expectations for how operating scale can translate into earnings. In Q1 FY26, consolidated net profit was reported at ₹4,765 crore and NII at ₹10,227 crore, both up 22% year-on-year. Another metric to watch alongside growth is credit cost, as earlier disclosures showed loan losses and provisions increased 26% to ₹2,120 crore from ₹1,685 crore in Q1 FY25.

Analysis: why the AUM and bookings combination matters

For a diversified NBFC, AUM growth is a headline indicator of scale, but it is the pairing with loan bookings that helps validate the sustainability of that growth. In this update, a 24% year-on-year rise in AUM to ~₹5.46 trillion is accompanied by a 20% rise in new loans to 16.13 million. This combination points to continued origination flow rather than only portfolio roll-forward.

The customer base at 110.64 million adds another layer, because higher customer counts can support recurring origination volumes across cycles. At the same time, the earlier increase in provisions highlights that growth and asset quality trends are tracked together by investors. Any future commentary or results that show how provisioning moves alongside AUM expansion will likely remain central to the stock’s narrative.

Conclusion: strong start to FY27 on key operating metrics

Bajaj Finance’s Q1 FY27 update showed AUM rising 24% year-on-year to ~₹5.46 trillion (₹5,46,000 crore) and new loan bookings up 20% to 16.13 million. The stock reacted positively, rising 1.46% to ₹1,033.65. The disclosures build on a prior period in which the company reported 22% year-on-year growth in consolidated net profit to ₹4,765 crore and similar growth in NII to ₹10,227 crore. Investors will now watch subsequent quarterly results for how growth, profitability, and provisioning trends evolve after this operating update.