Bajaj Finserv FY26 Results: Revenue Crosses ₹1.33 Lakh Crore, Profit Up 12.6%

Introduction to Bajaj Finserv's Performance

Bajaj Finserv Limited has announced a robust financial performance for the fourth quarter and the full fiscal year ending March 31, 2026. The diversified financial services company reported significant growth across its key metrics, driven by strong momentum in its insurance, lending, and broking businesses. The consolidated results reflect the company's resilience and ability to navigate a challenging macroeconomic environment while delivering consistent value to its stakeholders.

FY25-26 Full-Year Financial Performance

For the full fiscal year 2025-26, Bajaj Finserv's consolidated total income surged by 21% to ₹1,33,822 crore, compared to ₹1,10,383 crore in the previous fiscal year. This substantial revenue growth underscores the company's expanding market presence and successful business strategies. The Profit After Tax (PAT) for the year also saw a healthy increase, rising by 12.6% to ₹17,557 crore from ₹15,595 crore in FY24-25. The basic Earnings Per Share (EPS) for the year stood at ₹55.6, improving from ₹51.2 in the prior year, indicating enhanced profitability on a per-share basis.

Quarterly Financial Highlights (Q4 FY26)

The final quarter of the fiscal year continued the positive trend. For Q4 FY26, Bajaj Finserv posted a total income of ₹36,596 crore, marking a 14.2% year-on-year growth from ₹32,042 crore in Q4 FY25. The net profit for the quarter grew by an impressive 16.4%, reaching ₹4,756 crore compared to ₹4,085 crore in the corresponding period of the previous year. This profitability was attributed to improved operational efficiencies and the strong performance of its key subsidiaries.

Segment-Wise Revenue and Profitability

Bajaj Finserv's diversified business model was a key contributor to its success. The retail financing arm, primarily driven by Bajaj Finance, was the largest revenue generator, contributing ₹69,724 crore for FY26. The insurance segment also performed exceptionally well, with a gross written premium of ₹48,742 crore during the year. The investments and other business activities added ₹4,005 crore to the annual revenue, while the windmill business contributed ₹22 crore. In terms of profitability, the retail financing segment delivered a profit before tax (PBT) of ₹22,249 crore, and the insurance business contributed a PBT of ₹2,295 crore.

Key Financial Metrics Summary

To provide a clear overview, the following table summarizes Bajaj Finserv's key financial figures for the fiscal year and the fourth quarter.

Performance of Key Subsidiary: Bajaj Finance

Bajaj Finance, the lending arm of Bajaj Finserv, continues to be a powerhouse of growth. The subsidiary is on a clear trajectory to surpass ₹5 lakh crore in Assets Under Management (AUM) in the current financial year, solidifying its position among mid-sized private banks. As of September 2025, its AUM stood at ₹4.62 lakh crore. The company has consistently expanded its customer franchise, which reached 110.64 million as of September 30, 2025, a 20% increase year-on-year. This rapid expansion in both AUM and customer base is a critical driver of the consolidated group's performance.

Management's Strategic Outlook

The management expressed confidence in the company's performance, stating, “FY25 marked another successful year for Bajaj Finserv. With a balanced mix of lending, protection, and wealth management, we remain focused on long-term growth and shareholder value creation.” This commentary highlights a strategic focus on a diversified portfolio that balances risk and captures growth opportunities across different financial services sectors. The company's ability to deliver results in line with market expectations reinforces this positive outlook.

Long-Range Growth Targets (2026-2030)

Looking ahead, Bajaj Finserv has outlined an ambitious long-range plan for the period between 2026 and 2030. The company is targeting a consolidated profit after tax (PAT) in the range of ₹21,000 to ₹24,000 crore by FY30, which implies a compound annual growth rate (CAGR) of 18–22%. To support this, it aims to grow its consolidated assets to between ₹3.1 and ₹3.4 lakh crore. A key part of this strategy is to expand its active customer base from the current 100 million to over 220 million, effectively transforming into an integrated “financial services supermarket” that offers a comprehensive suite of products under one umbrella.

Market Context and Stock Performance

Following the announcement, Bajaj Finserv's stock traded at ₹1640.7, with a minor dip of 0.38%. The financial results were broadly in line with street expectations, which suggests that the market had already factored in the strong performance. The company's consistent growth trajectory and clear future plans provide a stable foundation for investor confidence, despite minor market fluctuations.

Conclusion

Bajaj Finserv concluded the fiscal year 2025-26 on a high note, demonstrating robust growth in both revenue and profitability. The strong performance of its insurance premiums, stable margins in the financing business, and increasing contributions from its broking arm reaffirm its standing as a leading financial services conglomerate in India. With a clear long-term vision and ambitious growth targets, Bajaj Finserv is well-positioned for sustainable expansion and continued value creation in the years to come.