Bajaj Housing Finance Limited — Investor Meet, 04-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Bajaj Housing Finance reported strong Q4 FY26. AUM grew 23% to over INR140,000 Cr. Net Total Income rose 20% YoY, with normalized PAT also up 20%. Opex/NTI improved to 19.2%, and asset quality remains robust (GNPA 0.27%, NNPA 0.11%). NIM saw a 12 bps sequential dip to 3.8% due to competitive pricing and mix. Management expects slight near-term NIM compression, offset by efficiency gains. Sambhav housing is expanding rapidly, targeting INR600 Cr+ monthly disbursements. The company is upbeat on growth, adapting to market dynamics.