BAJAJFINSVBSEBajaj Finserv LtdHighNeutral
Announced Tue, 18 Nov · 19:43 IST

Submission of Half-Yearly Report for FY2026.

BAJAJFINSV · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bajaj Finserv reported consolidated total income of ₹72,854 crore for H1FY26, up 12% from ₹65,184 crore a year earlier, while consolidated profit after tax rose 19% to ₹5,033 crore. Subsidiary Bajaj Finance led the show, posting a 21% rise in profit after tax to ₹9,575 crore with assets under management up 24% at ₹4,62,261 crore and net NPAs steady at 0.60%. Bajaj Life Insurance recorded a 47% jump in value of new business to ₹512 crore on 20% growth in gross written premium, while Bajaj General Insurance's profit grew 10% to ₹1,177 crore with an improved combined ratio of 101.9%. The company also received CCI and IRDAI approvals to acquire Allianz's stake in its two insurance JVs, which have been renamed Bajaj Life Insurance Ltd. and Bajaj General Insurance Ltd. Earnings per share for the half year stood at ₹31.5 versus ₹26.5 last year.

Likely market impact

Solid double-digit growth across lending, life insurance and general insurance businesses signals healthy operating momentum for shareholders, with healthy solvency ratios at subsidiaries (339% and 346%) providing a strong cushion. The Allianz acquisition and rebranding simplify the group structure and should support a unified brand strategy going forward.