Bajaj Housing Finance Ltd.
77.50
INR
-3.51
(-4.33%)
ISIN
INE377Y01014
Return %
Stock
S&P 500
1Y
-29.71
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
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INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
INR
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Atul Jain
- Full Time Employees
- 4,756
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Cerebrum IT Park, B-2 Bldg, 5th Fl Pune MA India 411014
- IPO Date
- Sep 16, 2024
- Website
- bajajhousingfinance.in
- Similar Companies
- Business
- Bajaj Housing Finance Limited (BAJAJHFL.NS), a wholly-owned subsidiary of Bajaj Finance Limited and classified as an Upper Layer non-banking financial company by the Reserve Bank of India, provides a comprehensive suite of mortgage products to retail and corporate customers across India; its offerings include home loans for salaried prime, self-employed/professional prime, and near-prime/affordable segments covering purchase, resale, balance transfer, and construction; loans against property for salaried and self-employed individuals with flexi options and emphasis on self-occupied residential properties; commercial lease rental discounting for stabilized office, warehousing, and industrial assets backed by escrow mechanisms; developer finance for residential and commercial construction on a milestone-linked tranche basis; and other services such as top-up loans, online home loan approvals, and value-added products. Headquartered in Pune with operations spanning 21 states/union territories through 220 branches and 176 locations, the company, originally incorporated in 2008 as Bajaj Financial Solutions Limited and renamed in 2014 before registering as a non-deposit taking housing finance company with the National Housing Bank in 2015, targets mass affluent and above customers with average ticket sizes of Rs 41-114 lakh in home loans and Rs 76 lakh in loans against property, maintaining strong credit ratings of AAA/Stable (long-term) and A1+ (short-term) from CRISIL and India Ratings. Recent developments include a successful equity listing in September 2024 raising Rs 3,560 crore through a fresh issue and Rs 2,000 crore via rights issue earlier that year to support growth; a private placement of secured non-convertible debentures in November 2025 raising Rs 504.48 crore at 7.10% coupon to enhance liquidity; transition of Bajaj Finance's stake from 88.70% to approximately 86.70% following a block deal sale of nearly 2% (16.66 crore shares) for Rs 1,588 crore in December 2025; robust Q2 FY26 performance with assets under management reaching Rs 1,26,749 crore (24% YoY growth), profit after tax up 18% to Rs 643 crore, gross NPA at 0.26%, and disbursements rising 32% YoY to Rs 15,914 crore amid competitive pressures; and strategic enhancements like a dedicated strategic business unit for near-prime/affordable home loans, digital initiatives achieving 94% e-agreement and 93% online onboarding penetration, and shift to fixed-term contract model for over 1,000 field resources.