Shares of Bajaj Finance are down by 2% ahead of its third quarter results which will be announced today Domestic brokerages expect Bajaj Housing Finance to post a strong set of earnings during the quarter under review, with over 20% growth in net interest income and profit. Bajaj Housing reported 5.2% QoQ AUM growth in 3QFY26 (23% YoY). NIM compression will likely be moderate at 8 bps QoQ to 3.4% due to a sharp decline in yields, partially offset by a decline in the cost of borrowings, said Kotak Institutional Equities (KIE). NII has likely jumped 22.8% YoY and 3.5% QoQ to ₹989.9 crore. Meanwhile, PAT is seen growing 19.4% YoY and 1.8% QoQ as per Kotak's estimates. Additionally, MOSL pegs Q3 NII growth as 24.1% YoY to ₹1000.5 crore and net profit jump at 23.5% YoY to ₹676.7 crore. Shares of Bajaj Housing Finance is currently trading at Rs. 87.81.
Shares of Bajaj Housing Finance listed on the exchanges with a premium of over 100% from its initial public offering (IPO) price in late-2024, making it one of the most successful IPOs of 2024. The stock went on to make a post-listing high of ₹188.5 before declining from those levels. The stock has declined 22.2% in the last six months. Over the last one month, Bajaj Housing Finance declined by 9.63%, nearly double the Sensex’s 5.34% fall. The three-month period saw a sharper drop of 20.82%, compared to the Sensex’s modest 3.28% decrease.
On a one-year basis, the stock’s return was -24.55%, starkly contrasting with the Sensex’s positive 4.75% gain. Year-to-date figures also show a 7.47% loss against the Sensex’s 4.74% decline. Over longer horizons, the stock has failed to generate returns, with zero growth recorded over three, five, and ten years, while the Sensex posted gains of 35.46%, 63.03%, and 230.84% respectively. One notable development is the reduction in promoter shareholding. Promoters have decreased their stake by 2% over the previous quarter, now holding 86.7% of the company’s equity. Net worth stood at Rs 21,170 crore as of Sept. 30, 2025.