Bajaj Housing Finance has started FY27 strongly

Bajaj Housing Finance has started FY27 strongly, with Q1 FY27 PAT rising 22.6% YoY to ₹715 crore, while total income increased 17.1% to ₹3,063 crore. The biggest positive is the strong loan-book expansion: AUM grew 24% YoY to ₹1.50 lakh crore, loan assets rose 24% to ₹1.31 lakh crore and Q1 disbursements jumped 33% to ₹19,509 crore. Asset quality also remains comfortable, with GNPA at 0.29% and NNPA at 0.12%, while capital adequacy stood at 21.59%. This provides a relatively strong cushion for further loan growth. A key recent development is its ₹753 crore private placement of secured NCDs at a 7.53% coupon, supporting funding requirements as the loan book expands. The broader NBFC sector is also seeing healthy credit growth, with NBFC credit rising 14.9% YoY in July 2026, although housing credit growth was more moderate at 11.9%