NBFC Sector – Bajaj Finance Ltd. Understanding AUM Growth

Bajaj Finance Ltd. is one of India's leading non-banking financial companies and a Nifty 500 constituent. Today, the company attracted attention after reporting strong Q2 FY27 business numbers. Assets Under Management increased 26.5% year-on-year to approximately ₹5.85 lakh crore, while new loans booked increased 11% to 13.45 million. Its customer franchise also increased to around 128.85 million.

additionally announced a proposed ₹17,500 crore capital raise through a ₹11,700 crore QIP and ₹5,800 crore preferential warrants. Upstox - Online Stock and Share Trading Learning point: For an NBFC, investors should track AUM growth, new loans, customer additions, asset quality, borrowing costs and capital adequacy rather than looking only at the share price.