Financial Performance Highlights
Bajaj Housing Finance Limited reported strong FY2026 results with 18% growth in profit after tax to ₹2,560 crore and 23% increase in assets under management to ₹140,706 crore. The company maintained robust asset quality with gross NPA at 0.27% and net NPA at 0.11%, while CRAR stood at 22.46% (Tier-I: 22.01%). Total income reached ₹11,150 crore with interest income of ₹10,512 crore, while finance costs increased to ₹6,759 crore.
AGM and Corporate Governance
The company issued notice for its 18th Annual General Meeting scheduled for 29 July 2026 to be held virtually. Key resolutions include approval for ₹18,152 crore in related party transactions with Bajaj Finance Limited and authorization to issue Non-Convertible Debentures up to borrowing limits of ₹1,50,000 crore. The board composition includes Sanjiv Bajaj as Chairman, Rajeev Jain as Vice Chairman, and Atul Jain as Managing Director.
ESOP Grants and Employee Benefits
BHFL granted 9.11 crore employee stock options at ₹131.16 exercise price in FY26, recording a ₹32.06 crore expense. The company also participated in Bajaj Finance and Bajaj Finserv ESOP schemes. Workforce composition showed 4,756 employees with 4,388 male and 368 female staff, maintaining 100% health and safety training coverage and 4.39% female wage ratio.
Risk Management and ECL Disclosures
Expected Credit Loss coverage stood at 0.59% (₹730 crore) with downside scenario projecting 0.72% coverage. The company maintained GDP growth assumptions of 7% central scenario with -2% downside and 14% upside scenarios. Total exposure to real estate sector reached ₹1.54 lakh crore comprising residential mortgages (₹90,927 crore) and commercial real estate (₹63,226 crore).
Regulatory Compliance and Disclosures
The company reported fraud of ₹0.85 crore during FY26 and maintained liquidity coverage ratio of 210.57% well above regulatory requirements. Reserve fund under Section 29C of NHB Act stood at ₹1,908 crore including statutory reserves and special reserves. The comprehensive filing includes BRSR core indicators with independent assurance by SGS India covering ESG metrics and GHG inventory.
Capital Structure and Related Party Transactions
Promoter holding reduced from 88.70% to 86.70% through market sale of 16.66 crore shares in December 2025. Significant related party transactions included loan portfolio assignment of ₹12,500 crore with Bajaj Finance and line of credit of ₹2,500 crore. The company transferred ₹512 crore to statutory reserves as per NHB requirements and did not recommend dividend for FY2026 to plough back profits for business growth.