What was filed
Bajaj Housing Finance Limited, a subsidiary of Bajaj Finance, reported unaudited results for the quarter ended 30 June 2026 after a board meeting on 29 July 2026. Joint statutory auditors Singhi & Co. and Mukund M. Chitale & Co. conducted a limited review and issued an unmodified conclusion. The company also filed the standard debt-related disclosures required of a listed NCD issuer — a security-cover certificate, a statement on utilisation of issue proceeds, and Regulation 52(4) ratios.
How the quarter looked
Growth was led by the loan book. Assets under management and loan assets each rose about a quarter year-on-year, and disbursements grew a third over the same quarter last year, per the filing's press release. Within the AUM mix, the company said lease rental discounting grew fastest at 41%, with home loans — its largest segment — up 20%.
Profit growth outpaced net interest income: the company reported net interest income up 9% while profit before tax and profit after tax each rose 23%. It attributed the gap to a lower loan-loss and provision charge and an improvement in the operating-expenses-to-net-total-income ratio, which it put at 19.6% for the quarter against 21.2% a year earlier.
Balance-sheet quality and debt disclosures
Asset quality was broadly stable, with gross NPA at 0.29% and net NPA at 0.12% as of 30 June 2026, per the filing. The company reported a capital adequacy ratio of 21.59% against the 15% regulatory requirement, and said it holds the highest long-term credit rating of AAA/Stable from CRISIL and India Ratings.
On the debt side, the filing confirmed that ₹8,455 crore of privately placed non-convertible debentures raised during the quarter were fully utilised, with NIL deviation from stated objects, and that secured NCDs maintained the required asset cover.