Bajaj Housing Finance Limited focuses primarily on home loans, catering to both retail and commercial clients. It operates a diversified lending model covering home loans, loan against property, lease rental discounting, and developer financing.

The company reported robust growth in Q2 FY26, with AUM increasing by 24% year-on-year, reaching ₹1,26,749 crore. Profit after tax also grew by 18% compared to Q2 FY25, indicating strong financial health amidst a competitive market environment.

Bajaj Housing Finance has shown significant improvement in asset quality, reducing GNPA to 0.26% and NNPA to 0.12% in Q2 FY26, which is a testament to its effective risk management strategies, even in a competitive mortgage market.

The company is enhancing operational efficiencies, marked by a reduction in operating expenses to NTI ratio, which improved to 19.6% in Q2 FY26 from 20.5% in the same quarter the previous year. Digital initiatives such as e-agreement and online customer onboarding have reached high penetration levels, pushing operational results further.

Bajaj Housing Finance has transitioned its manpower model from outsourced to fixed term contracts, with significant restructuring having taken place, further solidifying its operational framework and enhancing manpower stability.