Bajaj Housing Finance Limited — PPTs, 27-01-2025: Investor Presentation

1. Financial Highlights: Bajaj Housing Finance demonstrated robust financial performance in the quarter, with Assets Under Management (AUM) growing by 26%, reaching ₹1,08,314 Cr. Profit Before Tax (PBT) increased by 25% to ₹713 Cr, while Profit After Tax (PAT) rose to ₹548 Cr, also marking a 25% YoY growth. Net Interest Income (NII) surged 25% to ₹806 Cr, underlining strong underlying revenue generation.

2. Strategic Initiatives and Growth Drivers: The company has established a dedicated Strategic Business Unit (SBU) targeting the near-prime and affordable segments, showing signs of momentum. Additionally, their technological investments are aimed at enhancing customer experience through digital onboarding and self-service solutions.

3. Business Developments: Portfolio composition indicates a healthy focus on diverse mortgage products. Home loans constituted 56.8% of the overall AUM, followed by loans against property (10%), lease rental discounting (19.4%), and developer finance (12.2%), underscoring the company's balanced approach.

4. Market Position and Competitive Advantage: Bajaj Housing Finance continues to maintain a strong market position with a Gross Non-Performing Asset (GNPA) rate of just 0.29% and a Net NPA (NNPA) rate of 0.13%. Operating efficiencies improved with a reduction in the operating expense to Net Total Income ratio, further enhancing profitability.

5. Investor Implications: The positive trajectory in AUM and profitability, combined with low asset quality risk, presents a favorable outlook for stakeholders. Continued focus on digital transformation and a diversified product mix signal potential growth opportunities, making it an attractive consideration for investors.