Bajaj Housing Finance Q4 FY26: Profit Seen Up 19%

Results due on April 27, with an evening earnings call

Bajaj Housing Finance Ltd (BHFL) is scheduled to announce its March quarter results on Monday, April 27, 2026. The company’s conference call is slated for 6 pm, indicating the results are likely to be released after market hours. Managing Director Atul Jain and Chief Financial Officer Gaurav Kalani are expected to take questions on the Q4 performance during the call. For investors, the timing matters because management commentary typically provides clarity on growth momentum, pricing, and asset quality beyond the headline profit numbers. The announcement also comes after BHFL shared an operational update for Q4 FY26, which set expectations on disbursements and balance sheet growth.

Stock moves ahead of the print

Ahead of the quarterly results, BHFL shares were trading 1.99% higher at ₹91.17 on the NSE. The day’s trading range cited for the stock was ₹88.32 to ₹90.89. The 52-week range provided was ₹72.65 to ₹132.45, highlighting the volatility over the past year. Reported volume was 3,785,758 shares. Separately, the share price for BHFL was also cited at ₹89.39 as on April 24, 2026.

What brokerages are pencilling in for Q4 FY26

Two sets of brokerage expectations were cited for BHFL’s March quarter performance, broadly pointing to similar growth rates.

One estimate expects net profit to rise 18.9% year-on-year (YoY) to ₹697.40 crore, compared with ₹586.70 crore a year ago. Net interest income (NII) for the quarter is projected at ₹987.80 crore, up 20.1% YoY from ₹822.80 crore. Pre-provision profit is seen at ₹918.40 crore, up 22.6%.

Another estimate sees Q4 profit at ₹694.80 crore, up 18.4% YoY, with NII at ₹992.30 crore, up 20.6%.

Operational update: disbursements and AUM growth

Before the results, BHFL reported a business update indicating strong growth across key operating metrics in Q4 FY26. Gross disbursements for the quarter were reported at ₹17,530 crore, up 22.95% YoY from ₹14,254 crore in Q4 FY25. The company’s assets under management (AUM) expanded 23% YoY to ₹140,700 crore as of March 31, 2026, compared with ₹114,684 crore as of March 31, 2025. Loan assets were reported at ₹123,740 crore as of March 31, 2026 versus ₹99,513 crore a year earlier. The company stated that figures related to March 31, 2026 are provisional and subject to review by statutory auditors.

Disclosures and regulatory context

BHFL said it filed the business update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also referenced Schedule A of Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015. These references matter because they frame the update as a formal disclosure, while still clarifying that the numbers are provisional pending the audit process.

What to watch on the conference call

With results expected after market hours and the call set for 6 pm, investors are likely to focus on how the Q4 operating momentum translates into reported earnings. The cited brokerage estimates imply a high-teens rise in profit alongside around 20% NII growth. The call is also a forum to discuss balance sheet growth and performance across segments, especially given the company’s stated focus on near-prime and affordable categories. BHFL has also cited projections of ROA in the 2.0% to 2.2% range and ROE moderating to 11% to 12% due to recent capital raises. Another stated objective is to double near-prime and affordable segment disbursements over the next 12 to 15 months.

Bajaj Finance also lines up its own Q4 FY26 call

In the wider Bajaj financial services space, Bajaj Finance Limited announced on April 13, 2026 that it will hold a conference call on Wednesday, April 29, 2026 at 6:00 PM IST. The call will focus on financial results for the quarter ending March 31, 2026 (Q4 FY26), with key executives, including the Vice Chairman and Managing Director, expected to participate. In an exchange filing, Bajaj Finance also said its Board will meet on Wednesday, April 29, 2026 to consider and approve standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The same meeting will also recommend a dividend, if any.

Key reference points from Bajaj Finance’s recent numbers

Bajaj Finance reported consolidated PAT of ₹4,066.01 crore in Q3 FY26, a 5.6% decrease year-on-year, while revenue grew 17.5%. Excluding exceptional items such as an accelerated expected credit loss (ECL) charge and provisions for new labour codes, consolidated PAT rose 23% year-on-year to ₹5,317 crore. As of December 31, 2025, consolidated AUM was about ₹485,883 crore, up 22% year-on-year. Analysts cited in the provided context project Q4 FY26 revenue in the ₹17,000 crore to ₹17,800 crore range and PAT in the ₹4,400 crore to ₹4,700 crore range.

Snapshot table: BHFL estimates and operating metrics

Why the Q4 print matters for the housing finance space

BHFL’s operational update points to strong disbursement growth and steady expansion in AUM and loan assets going into the results. The upcoming earnings release will help investors reconcile operating momentum with profitability indicators such as NII growth and pre-provision profit. The management call is also important for understanding how the company plans to balance growth ambitions with return ratios, particularly when ROE is expected to moderate due to capital raises. For the market, clarity on business mix and execution in near-prime and affordable segments can influence how investors interpret sustainability of growth.

Conclusion

Bajaj Housing Finance is set to report Q4 FY26 earnings on April 27, with the earnings call scheduled for 6 pm. Brokerages cited in the provided context expect profit growth of around 18% to 19% YoY and NII growth of about 20%. Investors will also track how the operational momentum in disbursements and AUM, as disclosed in the business update, translates into reported results. In parallel, Bajaj Finance’s April 29 board meeting and 6 pm call will be another key event for the group’s financial services narrative in the same week.