Bajaj Housing Finance Limited — Investor Meet, 07-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Bajaj Housing Finance reported a 23% AUM growth to Rs. 1.33 lakh Cr and a 21% rise in PAT. Disbursements saw strong momentum, surging 32% YoY to Rs. 16,545 Cr. Asset quality remains healthy with GNPA at 27 bps and NNPA at 11 bps, while NIM held steady at 4%. The company is significantly investing in its Sambhav (Near Prime & Affordable) loan unit, targeting over Rs. 600 Cr in monthly disbursals within 12-15 months. Tier-1 capital declined due to conservative provisioning for undisbursed construction loans, pending regulatory clarity. Management anticipates full-year NTI compression of 8-10 bps and is confident in volume growth despite intense competitive pressures impacting attrition.