Bajaj Housing Finance Shares in Focus After Strong Q3 Results; Profit Rises 21%

Bajaj Housing Finance on Monday reported a 21% rise in Q3 net profit. Profit rose to Rs 664 crore in Q3 against Rs 548.02 crore in the year ago quarter. Revenue of the firm came at Rs 2,886 crore, rising 18% in the last quarter against Rs 2,449 crore in the December 2024 quarter. Assets under management (AUM) came at Rs 1,33.412 crore, rising 23% as of December 2025 from Rs 108,314 crore as of December 31, 2024. Net interest income rose 19% in Q3 FY26 to Rs 963 crore from Rs 806 crore in Q3FY25.

Total income rose 24% in the last quarter Rs 1,153 crore from Rs 933 crore in Q3 FY25. Profit before tax increased by 21% in Q3 TO Rs 865 crore from Rs 713 crore in Q3 FY25. Profit after tax rose 21% in Q3 to Rs 665 crore from Rs 548 crore in Q3 FY25. Gross NPAs and Net NPAs as of 31 December 2025 stood at 0.27% and 0.11% respectively as against 0.29% and 0.13% as of 31 December 2024. Provisioning coverage ratio on stage 3 assets stood at around 59%

The company said it enjoys the highest credit rating of AAA/Stable for its long-term debt programme from CRISIL and India Ratings and A1+ for short-term debt programme from CRISIL and India Ratings. The earnings were announced after market hours. Bajaj Housing Finance stock ended 0.06% lower at Rs 89.68. 

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.

Market veteran Deven Choksey, Managing Director at DRChoksey FinServ Pvt. Ltd., remains optimistic about Bajaj Housing Finance’s long-term prospects. “Bajaj Housing Finance is well-positioned to benefit from strong housing credit demand, and its growth trajectory in the sector remains robust. The company is also championing the use of AI to bring customers onto its platform, which will strengthen its growth model,” he said. “Housing as a sector is expected to grow significantly, and Bajaj Housing Finance is poised to capitalize on this expansion.