The company delivered strong AUM expansion of 22% and introduced its LRS 2026-30 strategic framework. Investors focus on balance sheet resilience following a \u20b91,406 crore accelerated ECL provision and a one-time charge related to New Labour Codes.<\/p>\n\n\n\n
Bajaj Finance Ltd (NSE: BAJFINANCE) reported its basic earnings per share at \u20b97.37 for the standalone entity for the quarter ended December 31, 2025. Consolidated profit after tax, before accelerated provisions and exceptional items, increased 23% year-over-year to \u20b95,317 crore. The company added 4.76 million new customers to its franchise during the third quarter. Total assets under management (AUM) reached \u20b9484,477 crore, representing 22% growth compared to the previous year.<\/p>\n\n\n\n
Bajaj Finance Ltd is a diversified non-bank financial institution with a deposit-taking license. It is part of the Bajaj Group and focuses on mass and affluent segments while leveraging cross-sell opportunities to drive lifetime value. The company is currently executing its “FINAI” transformation, integrating artificial intelligence across customer journeys and business processes to create a future-ready financial services model. The newly unveiled LRS 2026-30 framework aims to transition the organization from a product-centric to a customer-centric model.<\/p>\n\n\n\n
\u2022 Customer Franchise: The total franchise stood at 115.40 million as of December 31, 2025.<\/p>\n\n\n\n
\u2022 Loan Velocity: New loans booked during Q3 FY26 reached 13.90 million, a 15% increase over Q3 FY25.<\/p>\n\n\n\n
\u2022 Net Total Income: Consolidated income grew by 19% to \u20b913,875 crore.<\/p>\n\n\n\n
\u2022 Operating Efficiency: The OpEx to net total income ratio improved to 32.8% from 33.1% in the corresponding quarter of the previous year.<\/p>\n\n\n\n
\u2022 Asset Quality: Gross NPA and Net NPA stood at 1.21% and 0.47% respectively. The provisioning coverage ratio on stage 3 assets was 61%.<\/p>\n\n\n\n
The company maintains leadership in consumer electronics, digital products, and lifestyle lending. The rural B2C AUM recorded 23% year-over-year growth in Q3 FY26. The MSME business remains focused on affluent professionals and used car financing. Within the payments vertical, the EMI Card franchise reached 87.02 million cards in force.<\/p>\n\n\n\n
\u2022 Bajaj Housing Finance Ltd (BHFL): AUM grew by 23% to \u20b9133,412 crore. Home loans grew 18%, while lease rental discounting increased by 39%.<\/p>\n\n\n\n
\u2022 Bajaj Financial Securities Ltd (BFSL): Assets under finance grew 63% to \u20b98,790 crore. The retail and HNI customer franchise expanded to 1.25 million.<\/p>\n\n\n\n
The Board of Directors approved the unaudited financial results on February 3, 2026. To enhance balance sheet resilience amidst a volatile global economic environment, the company implemented a minimum Loss Given Default (LGD) floor across all businesses, resulting in a \u20b91,406 crore accelerated ECL provision. An exceptional charge of \u20b9265 crore was recorded for increased gratuity liabilities due to the New Labour Codes released on November 21, 2025. Standalone results included an exceptional gain of \u20b91,416 crore from the sale of BHFL shares to meet public shareholding requirements.<\/p>\n\n\n\n
Management has set a long-term corridor for AUM growth between 25% and 27% and profit growth between 23% and 24%. The company expects to add 17-18 million new customers in FY26. The long-term sustainable return on assets (ROA) target is 4.3%-4.7%, with a return on equity (ROE) target of 19%-21%. Broader industry trends show a significant shift toward digital-native consumers and AI-enabled commerce, which the company intends to lead through its Agentic AI and multi-modal consumer AI platforms.<\/p>\n\n\n\n
As of December 31, 2025, the company’s net worth for the standalone entity stood at \u20b998,100.31 crore. Capital adequacy remained robust at 21.45%, with Tier-I capital at 20.60%. The company holds an AAA\/Stable credit rating for its long-term debt program.<\/p>\n","protected":false},"excerpt":{"rendered":"
The company delivered strong AUM expansion of 22% and introduced its LRS 2026-30 strategic framework. Investors focus on balance sheet resilience following a \u20b91,406 crore accelerated ECL provision and a one-time charge related to New Labour Codes. Bajaj Finance Ltd (NSE: BAJFINANCE) reported its basic earnings per share at \u20b97.37 for the standalone entity for […]<\/p>\n","protected":false},"author":2385,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,1],"tags":[15661,15668,15663,15670,15666,15662,15672,15671,15669,15673,15664,15665,15667,15674],"class_list":["post-179379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-finance-stocks","tag-bajaj-finance-announcement","tag-bajaj-finance-earnings","tag-bajaj-finance-investor-relations","tag-bajaj-finance-ltd","tag-bajaj-finance-management","tag-bajaj-finance-price","tag-bajaj-finance-q1","tag-bajaj-finance-stocks","tag-bajaj-finance-ticker","tag-bajfinance","tag-bajfinance-q1","tag-bajfinance-q2","tag-bajfinance-q3","tag-bajfinance-q4"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":139396,"url":"https:\/\/alphastreet.com\/india\/infographic-bajaj-finance-ltd-nse-bajfinance-q3-fy23-results-out\/","url_meta":{"origin":179379,"position":0},"title":"Infographic| Bajaj Finance Ltd.(NSE: BAJFINANCE)| Q3 FY23 Results Out.","author":"Divyansh_Kasana","date":"January 27, 2023","format":false,"excerpt":"Bajaj Finance Limited(NSE: BAJFINANCE) is a non-banking financial company (NBFC) based in India. It offers a wide range of financial products and services including personal loans, home loans, business loans, and consumer durable loans, as well as fixed deposits, wealth management services, and insurance products. The company operates through a\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/9bbed8f9-0df2-4539-a073-404747fa93e6-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/9bbed8f9-0df2-4539-a073-404747fa93e6-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/9bbed8f9-0df2-4539-a073-404747fa93e6-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/9bbed8f9-0df2-4539-a073-404747fa93e6-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/9bbed8f9-0df2-4539-a073-404747fa93e6-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/9bbed8f9-0df2-4539-a073-404747fa93e6-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":131815,"url":"https:\/\/alphastreet.com\/india\/bajaj-finance-ltd-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":179379,"position":1},"title":"Bajaj Finance Ltd Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"July 29, 2022","format":false,"excerpt":"Key highlights from Bajaj Finance Ltd (BAJFINANCE) Q1 FY23 Earnings Concall Management Update: BAJFINANCE said it did 7.42 million loans, the highest ever done as a company. Q&A Highlights: Bharat Shah from ASK Investment Managers asked that looking at asset quality, there\u2019s dramatic improvement on GNPA, if it\u2019s actual or\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128407,"url":"https:\/\/alphastreet.com\/india\/infographic-how-bajaj-finance-performed-in-q3\/","url_meta":{"origin":179379,"position":2},"title":"Infographic: How Bajaj Finance performed in Q3","author":"Nishad","date":"April 5, 2022","format":false,"excerpt":"Bajaj Finance(NSE:\u00a0BAJFINANCE) posted its third-quarter 2022 earnings results. The company had consolidated revenue of \u20b98,535 crores with a growth of 28% year on year. Bajaj Finance reported a net profit of \u20b92,122 crores or \u20b935.02 per share compared to \u20b91189 crores or \u20b918.94 per share in the same quarter of\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ322.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ322.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ322.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ322.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ322.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135000,"url":"https:\/\/alphastreet.com\/india\/bajaj-finance-limited-q2fy23-consolidated-net-profit-increased-by-88\/","url_meta":{"origin":179379,"position":3},"title":"Bajaj Finance Limited Q2FY23; Consolidated Net Profit Increased By 88%","author":"Hardik Bhandare","date":"October 20, 2022","format":false,"excerpt":"Bajaj Finance Limited (NSE: BAJFINANCE) reported Q2FY23 Revenue, which increased up to \u20b99,968.4 Crores from \u20b97,733.84 Crores, growth rate of 29% year on year. The Net Profit also improved by 88% up to \u20b92780.65 crores from \u20b91480.99 Crores year over year. The Asset Under Management surged 31% and reached the\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/19bbc1c4-9d3d-4496-b545-1cf903d7f81b-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/19bbc1c4-9d3d-4496-b545-1cf903d7f81b-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/19bbc1c4-9d3d-4496-b545-1cf903d7f81b-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/19bbc1c4-9d3d-4496-b545-1cf903d7f81b-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/19bbc1c4-9d3d-4496-b545-1cf903d7f81b-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/19bbc1c4-9d3d-4496-b545-1cf903d7f81b-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":128625,"url":"https:\/\/alphastreet.com\/india\/infographic-how-bajaj-finance-performed-in-q4\/","url_meta":{"origin":179379,"position":4},"title":"Infographic: How Bajaj Finance performed in Q4","author":"Nishad","date":"April 27, 2022","format":false,"excerpt":"Bajaj Finance(NSE:\u00a0BAJFINANCE)\u00a0posted its fourth-quarter 2022 earnings results. The company had revenue of \u20b97,620 crores with a growth of 27% year on year. Bajaj Finance reported a net profit of \u20b92,305 crores or \u20b937.36 per share compared to \u20b91,126 crores or \u20b919.17 per share in the same quarter of the previous\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ422.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ422.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ422.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ422.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/Bajaj-FinanceQ422.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135013,"url":"https:\/\/alphastreet.com\/india\/bajaj-finance-ltd-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":179379,"position":5},"title":"Bajaj Finance Ltd Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"October 21, 2022","format":false,"excerpt":"Key highlights from Bajaj Finance Ltd (BAJFINANCE) Q2 FY23 Earnings Concall Q&A Highlights: [00:25:36] Hardik Shah of Goldman Sachs enquired about the number of employees in the recovery and collection channel of the total 39,423 headcount for BAJFINANCE. Rajeev Jain MD answered that it\u2019s just a tad below 9,500 people.\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2385"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179379"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179379\/revisions"}],"predecessor-version":[{"id":179381,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179379\/revisions\/179381"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}