What was filed
Bajaj Finance Limited's board met on 19 October 2026 and approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The joint statutory auditors issued an unmodified limited-review conclusion. The filing also records a separate board decision of 1 October 2026 to raise capital — a Qualified Institutions Placement and a preferential issue of warrants to promoter Bajaj Finserv Ltd. — subject to shareholder and regulatory approvals.
The quarter in numbers
Per the press release, consolidated profit after tax grew 29% year-on-year, driven by loan-book expansion rather than one-offs, with assets under management, new loans booked and the customer franchise all higher over the year. The company disclosed that Q2 FY27 loan losses and provisions included a prudent management and macro-economic provision; it said that excluding this, standalone loan losses and provisions declined 12% year-on-year. Consolidated gross and net NPA ratios fell versus a year earlier, with a stated provisioning coverage of 60% on stage 3 assets.
Capital and ratings context
The filing notes a consolidated capital adequacy ratio of 20.33% (Tier-I at 19.43%) as of 30 September 2026. The company reiterated its highest long-term rating of AAA/Stable from CRISIL, ICRA, CARE and India Ratings, A1+ for short-term debt, and the S&P and Moody's issuer ratings it carries. The proposed QIP and warrant issue would sit against this capital base if approved by shareholders.