Bajaj Housing Finance Q1 FY27 profit up 23% to ₹715 crore

Key Q1 result at a glance

Bajaj Housing Finance Limited (BHFL) reported a higher standalone profit for the quarter ended June 30, 2026 (Q1 FY27). Profit after tax (PAT) rose 23% year-on-year to ₹715.28 crore from ₹583.30 crore in Q1 FY26. The company also reported total income of ₹3,063.05 crore for the quarter, up from ₹2,615.57 crore a year earlier. Revenue from operations was largely in line with total income, at ₹3,063.02 crore versus ₹2,612.83 crore in Q1 FY26. The board approved the unaudited results on July 29, 2026, the company said in an exchange filing.

Profit growth and what drove the quarter

BHFL’s quarterly performance was supported by higher income and business growth metrics disclosed through the period. Interest income rose to ₹2,856.07 crore in Q1 FY27 from ₹2,492.59 crore in Q1 FY26. Earnings per share (basic and diluted) increased to ₹0.86 from ₹0.70 in the year-ago quarter. Separate commentary around the results linked the profit growth to robust loan disbursements and stable asset quality. The company also cited improved cost efficiency as a factor behind the quarter’s performance.

Income and revenue trends

For Q1 FY27, total income was reported at ₹3,063.05 crore compared with ₹2,615.57 crore in Q1 FY26. Revenue from operations rose to ₹3,063.02 crore from ₹2,612.83 crore. In addition to the income line items, a summary around the results highlighted “revenue from operations advanced 17.23% to ₹3,063.02 crore”. Interest income growth was one of the key movements on the P&L, rising by ₹363.48 crore year-on-year to ₹2,856.07 crore.

AUM, loan assets, and disbursements: operational update

BHFL’s assets under management (AUM) were reported at ₹1,49,610 crore as of June 30, 2026, representing 24.24% year-on-year growth from ₹1,20,420 crore. Another disclosure in the provided material put AUM at ₹1,49,624 crore, also described as a 24% rise. The company’s loan assets were reported at ₹1,31,150 crore at the end of the quarter, up from ₹1,05,954 crore a year earlier. Gross disbursements for Q1 FY27 were reported at approximately ₹19,500 crore, up 11.39% from ₹17,506 crore in Q1 FY26. Another market report also referenced gross disbursement of ₹19,500 crore versus ₹14,651 crore in Q1 FY26 and ₹17,506 crore in Q4 FY26.

Asset quality indicators remained steady

Asset quality metrics cited alongside the results remained stable. Gross non-performing assets (GNPA) were reported at 0.29% in Q1 FY27 versus 0.30% in Q1 FY26. Net NPA was reported at 0.12% versus 0.13% in the corresponding year-ago quarter. These figures were presented as evidence of contained credit stress during the period.

Board approval and compliance disclosures

The Board of Directors approved the unaudited financial results on July 29, 2026. The company said the board meeting commenced at 02:30 p.m. and concluded at 03:35 p.m. The approval was disclosed as being in compliance with Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stock reaction and market snapshot

BHFL shares moved up following the earlier operational update on AUM and disbursements. One market report said the stock surged as much as 6% in early trade on Friday after the business update for the June quarter of FY27. As of 9:50 AM, the stock was reported to be trading 4.2% higher at ₹92.37. The operational momentum cited included AUM rising to around ₹1.5 lakh crore (₹1,50,000 crore) and gross disbursements of ₹19,500 crore.

Key numbers table: financial and operating metrics

Additional metric table shared with the update

A separate metric table included in the provided material listed net interest income and profit-before-tax figures alongside asset quality.

Capital market activity: NCD issuance

Separately, BHFL also allotted secured redeemable non-convertible debentures (NCDs) aggregating ₹2,500.8458 crore through a private placement. The debenture allotment committee approved the issuance of 2,50,000 NCDs with a face value of ₹1,00,000 each. The NCDs carried a coupon rate of 7.64% per annum.

Why the Q1 FY27 print matters

The Q1 numbers combine profitability growth with steady asset quality and continued expansion in AUM and disbursements. The disclosure of AUM growth to about ₹1.5 lakh crore (₹1,50,000 crore) and disbursements of about ₹19,500 crore provides context for the higher income and profit. Stable GNPA and net NPA figures suggest credit costs were not pressured in the quarter, based on the reported ratios. The company also noted that some of the business update figures were provisional and subject to review by statutory auditors.

Conclusion

Bajaj Housing Finance’s Q1 FY27 results showed a 23% rise in standalone PAT to ₹715.28 crore, alongside higher income and a 24% rise in AUM to about ₹1,49,610 crore. The board approved the unaudited results on July 29, 2026, with the meeting running from 02:30 p.m. to 03:35 p.m. Investors are also tracking the company’s operating momentum from disbursements and the stability in reported GNPA and net NPA ratios, as disclosed in the quarterly update and related filings.