Bajaj Finserv Limited — Investor Meet, 07-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Bajaj Finserv reported Q4 FY26 consolidated PAT growth of 5%, or 24% excluding temporary MTM impacts. Its insurance businesses are now 100% Bajaj-owned, expected to boost future ROE and ROEV. General Insurance maintained prudent underwriting with a full-year combined ratio of 101.90%, selectively reducing exposure in competitive areas. Life Insurance's 'Bajaj Life 2.0' strategy drove 29% VNB growth and margin expansion, anticipating higher growth from term plans and agency channels. Lending entities, Bajaj Finance and Housing Finance, delivered strong AUM growth (22-22.7%) and robust asset quality. Emerging businesses like Health and Asset Management are scaling, with AMC targeting a INR1 lakh Cr AUM for break-even. Management's tone signals confident execution on strategic priorities and profitable growth.