Bajaj Finserv Limited — Investor Meet, 01-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Bajaj Finserv reported Q1 FY26 consolidated PAT at an all-time high of INR 2,789 Cr, up 30%. Bajaj Allianz Life (BALIC) saw PAT jump 76% and Value of New Business increase 39% due to strategic shifts towards profitable growth and cost rationalization, despite muted top-line. Bajaj Allianz General (BAGIC) PAT grew 15%; strong core business growth of 15% (ex-crop/govt health/accounting impact) outpaced industry. Management emphasizes disciplined underwriting and profitable growth, aiming for a combined ratio near 100% in general insurance. Lending businesses, Bajaj Finance and Bajaj Housing Finance, also had a strong quarter with robust AUM and PAT growth. The AMC achieved INR 25,011 Cr AUM, the fastest to cross this mark. Sentiment appears confident, focusing on long-term value.