Transcript of conference call held in respect of the financial results for the quarter ended 31 March 2026
BAJFINANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bajaj Finance Q4 FY2026 delivered strong results with AUM crossing INR 5 lakh crores milestone. Q4 AUM grew 22.4% and PAT grew 26.7% year-on-year. The company booked 12.9 million loans and added 3.93 million new customers, taking the total customer franchise to 119.3 million. Gold loan portfolio showed exceptional momentum with 115% growth, contributing 3.5% of total AUM. Credit quality improved with GNPA at 1.01% and NNPA at 41 basis points. For FY27, management guided for 20-24% AUM growth, 145-160 bps credit cost, and ROA of 4.4-4.6%. The company is aggressively expanding its AI (FinAI) transformation with plans to deploy 600+ autonomous agents in FY27.
Bajaj Finance demonstrates strong operational performance with improving credit quality and clear FY27 growth guidance. The stock is well-positioned given its scale (INR 5 lakh crores AUM), consistent ROE of 20%, and AI-driven efficiency initiatives. However, NIM faces marginal moderation risk from interest rate dynamics.