Bajaj Housing Finance Limited — Investor Meet, 04-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

BHFL delivered a strong Q1 FY27! AUM reached a record 1.496 lakh Cr, up 24% YoY, with disbursements surging 33% YoY to 19,509 Cr. PAT jumped 23% to 715 Cr, and ROE improved to 12.5%. Asset quality remains healthy with GNPA at 29 bps, though one-off factors lowered Q1 credit costs to 5 bps (FY27 guidance 10-15 bps). Management anticipates FY27 NIM to moderate by 20-25 bps from FY26 levels due to yield compression from higher-yield book attrition. Operating efficiency is stable. Growth in Sambhav housing is robust, aiming for 600 Cr+ monthly disbursements soon. Overall sentiment appears confident amidst a stabilizing market.