Bajaj Housing Finance Q2 results: Profit rises 18% YoY to ₹757 crore, gross NPAs increase 3 bps; key things to know

Bajaj Housing Finance posted its July to September quarter earnings for the financial year 2026-27 on Friday, October 16, in which the company recorded a nearly 18% increase in its net profit with key support from revenue gains, while margins remained near flat levels in the period.

As per the latest NSE filing, Bajaj Housing Finance recorded a nearly 18% year-on-year (YoY) rise in net profit after tax (PAT) to ₹757 crore in the second quarter of FY27, in comparison to ₹643 crore in the corresponding quarter of the previous financial year.

On a sequential basis, the company’s net profits surged nearly 6% to its September quarter levels, from ₹715 crore in the first quarter of the first quarter of FY27.

The non-banking financial company’s overall revenue from core operations advanced 18.2% to ₹3,251 crore in the September quarter of FY27, from ₹2,748 crore in the same quarter of the previous financial year.

The September quarter earnings also showed that Bajaj Housing Finance’s net interest income (NII) increased 10% YoY to ₹1,055 crore, in comparison to ₹956 crore in the second quarter of the previous fiscal year.

The company’s total expenses in the period increased 18.5% in the period under review, with the increase in financing costs in the September quarter. The financials showed that the Q2 finance costs increased 20.4% YoY to ₹1,997 crore.

Margins rise 91 basis points

Although the housing finance company’s operating profit or EBITDA (earnings before interest, tax, depreciation, and amortisation) increased 19.4% YoY to ₹2,989 crore in the second quarter of FY27, from ₹2,502 crore in the same quarter a year earlier, the margin growth remained flat on a yearly basis.

Bajaj Housing Finance’s EBITDA margins expanded 91 basis points to 91.96% in the September quarter, from 91.05% in the consolidated quarter of the previous financial year, as per the NSE filing.

Asset quality review

Data showed that Bajaj Housing Finance’s gross non-performing assets (NPAs) increased 3 basis points (bps) to 0.29% in the September quarter of FY27, in comparison to 0.26% in the corresponding quarter of the previous year.

The net NPA’s remained flat at 0.12% in the September quarter on a year-on-year (YoY) basis.

Bajaj Housing Finance’s assets under management (AUM) registered a 25% growth to ₹1,58,205 crore in the period under review, from ₹1,26,749 crore in the second quarter of the financial year ended 2025-26.

“Bajaj Housing Finance surpassed landmark ₹1.5 lakh crore AUM milestone, driven by strong and diversified growth,” the company said in its statement.

Bajaj Housing Finance share performance

NSE data showed that Bajaj Housing Finance shares have lost 24% of their value in the last one-year period and have declined 13.2% on a year-to-date (YTD) basis in 2026. However, the stock has risen 0.5% in the past one-month period.

The exchange data also showed that the company’s stock has risen 2.3% in the last one-week period.

Shares of Bajaj Housing Finance surged to their 52-week high of ₹112.40 apiece on October 30, 2025, while the 52-week low was at ₹72.65 apiece on March 30, 2026.

The company’s market capitalisation (m-cap) was at ₹69,458 crore as of the stock market close on Friday, October 16, 2026.