Archive · 25 Jul 2025
Bajaj Finance Q1FY26 Performance: Brokerage Maintains Hold
Bajaj Finance did well in the first three months of the year, making more money than last year.
They gave out many new loans and added lots of new customers.
However, the cost of some loans was a bit higher than expected.
Analysts think the company should be held.
Despite the ups and downs, they expect the financial results of the company to improve.
Bajaj Finance reported a 22% year-over-year growth in standalone PAT, reaching ₹4,120 crore in Q1FY26.
AUM grew by 24% year-over-year and 5.4% quarter-over-quarter, while non-interest income rose by 18% year-over-year and 12% quarter-over-quarter.
The company added 4.7 million new customers and booked 13.5 million new loans during the quarter.
Credit cost was higher at 2.02% in Q1FY26, exceeding the guided range of 1.85-1.95%.
The brokerage maintains a 'Hold' rating with a revised target price of ₹910.
- Who
- Bajaj Finance and financial analysts.
- What
- Bajaj Finance's financial performance and a brokerage's assessment.
- When
- The report is for Q1FY26, published on July 25, 2025.
- Where
- Not explicitly mentioned.
- Why
- To analyze the company's financial results and provide investment recommendations.
Risks
Opportunities
Potential Upsides and Downsides
Risks
Credit costs higher than guidance
Opportunities
AUM growth exceeding 25%
- PAT (Q1FY26)
- ₹4,120 crore
- PAT growth (YOY)
- 22%
- AUM growth (YOY)
- 24%
- Non-interest income growth (YOY)
- 18%
- New Customers Added
- 4.7 million
- Credit Cost (Q1FY26)
- 2.02%
- Target Price
- ₹910
- Rating
- Hold
