Bajaj Housing Finance Ltd.
NSE: BAJAJHFLBajaj Housing Finance Ltd.: A 30-second snapshot
Bajaj Housing Finance (BAJAJHFL) is an HFC trading at ₹84.17, down 30.35% over the past 12 months and 34.6% below its 52-week high, with the stock below both its 50-DMA (₹84.62) and 200-DMA (₹98.88). Q4 FY26 results showed AUM up 23% YoY and PBT up 20% YoY with GNPA at 0.27%, while the trailing PE stands at 27.3 and forward PE at 19.4 on a quality score of 45 out of 100.
P/E
27.3
Forward P/E
19.4
ROE
+12.1%
Debt / Equity
460.50
Profit Margin
+61.5%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
0/5
Quality
48/100
News
8 headlines · 4 positive · 0 negative
Bajaj Housing Finance Q4 results today; earnings call timing, preview - Business Today
Business Today
Bajaj Housing Finance publishes Q4 FY26 investor presentation and earnings call details - TipRanks
TipRanks
BAJAJHFL: AUM up 23% YoY, PBT up 20%, and asset quality stable with GNPA at 0.27% - TradingView
TradingView
BAJAJHFL: Q4 FY26 and FY26 saw double-digit growth in profits and AUM, with robust asset quality and compliance - TradingView
TradingView
BAJAJHFL: Strong AUM growth, low risk, and digitalization drive expansion and profitability - TradingView
TradingView
Recent context
- ·Q4 FY26 results (reported April 27, 2026) showed double-digit growth in profits and AUM with GNPA stable at 0.27%, accompanied by investor presentations citing digitalization as a growth driver.
- ·Mean analyst rating of 3.07 across 14 analysts (1–5 scale, lower = more constructive) reflects balanced sell-side positioning, with no named broker upgrades or downgrades in the visible news flow.
- ·The stock closed at ₹84.17 on May 12, 2026, fractionally below the 50-DMA of ₹84.62 and significantly below the 200-DMA of ₹98.88, with RSI at 43.01 in neutral territory and the nearest support at ₹72.65.
Strengths
- +Q4 FY26 AUM growth of 23% YoY and PBT growth of 20% YoY indicate continued expansion of the loan book alongside maintained profitability at scale.
- +GNPA at 0.27% per the most recent earnings disclosure reflects strong credit underwriting relative to broader housing finance industry norms.
- +5-year revenue CAGR of 42.3% demonstrates rapid business-scale build since listing, with the Bajaj group parentage providing access to diversified funding channels.
- +Forward PE of 19.4 represents a meaningful compression from the trailing PE of 27.3, implying the market is pricing in meaningful earnings growth in the near term.
Weaknesses
- −Debt-to-equity of 460.5, zero FCF-positive years in the tracked period, and ROE that has never crossed 15% create a combination of high structural leverage with sub-threshold capital efficiency returns.
- −Price is 34.6% below the 52-week high and has declined 30.35% over 12 months, remaining below the 200-DMA (₹98.88) with three overhead resistance levels between ₹85.76 and ₹92.05.
- −ROE of 12.06% ranks 5th of 6 in the peer group; quality score of 45 ranks 4th of 6; the consistency score of 35 is among the lowest in comparable Banking/NBFC coverage.
- −5-year earnings CAGR of 14.4% lags the 5-year revenue CAGR of 42.3% by 27.9 percentage points, indicating that incremental loan-book growth has not translated proportionally into bottom-line returns.
Open questions
- ?How has the cost of borrowing for Bajaj Housing Finance trended over the past four quarters, and what does that imply for net interest margin sustainability given the 14.4% earnings CAGR versus 42.3% revenue CAGR?
- ?Does the 0.27% GNPA ratio reflect the full credit risk in the book, or are there off-balance-sheet structures or restructured-loan categories that merit closer examination?
- ?What is the historical relationship between Bajaj Housing Finance's PE multiple and its ROE cycle — has the current 27.3x trailing PE been sustained at comparable ROE levels in prior years?
- ?Given that all five sector peers lack 1-year price change data, how does BAJAJHFL's -30.35% 1Y return compare to listed HFC peers such as LICHSGFIN or PNBHOUSING over the same period?
Peer comparison: Banking
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| BAJAJHFL | Bajaj Housing Finance Ltd.You're viewing | 27.3 | +12.1% | 45 |
| Industry avg | across 5 peers | 31.7 | +14.2% | 39 |
| AXISBANK | Axis Bank Ltd. | 14.7 | +13.2% | 53 |
| BAJFINANCE | Bajaj Finance Ltd. | 29.9 | +17.9% | 53 |
| HDFCBANK | HDFC Bank Ltd. | 17.1 | +13.8% | 47 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 28.3 | +14.6% | 23 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 68.5 | +11.3% | 20 |
Technical state
Current price
₹84.17
SMA 50
₹84.62
SMA 200
₹98.88
RSI (14)
43.0 (neutral)
From 52w high
-34.6%
1Y return
-30.4%
3M return
-8.2%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity ratio of 460.5 is structurally elevated; while typical for an HFC given loan-book funding, FCF has been positive in 0 of tracked years and ROE has never exceeded 15% — the combination of maximum leverage, zero FCF years, and below-cost-of-equity returns warrants heightened monitoring.
- mediumPrice is down 30.35% over the past 12 months and 34.6% below the 52-week high; the stock has remained below its 200-DMA (₹98.88 vs current ₹84.17) and also marginally below the 50-DMA (₹84.62), with three overhead resistance levels clustered at ₹85.76, ₹89.20, and ₹92.05.
- mediumROE of 12.06% has not exceeded 15% in any tracked year (roeYearsAbove15 = 0); consistency score of 35 and quality score of 45 rank 4th and 5th of 6 peers respectively in the Banking sector, indicating below-median quality relative to comparables.
- medium5-year revenue CAGR of 42.3% compares to 5-year earnings CAGR of only 14.4%, suggesting that profit has not scaled proportionally with the loan book — a compression in incremental return on incremental capital.
- lowMean analyst rating of 3.07 across 14 analysts (1–5 scale, lower = more constructive) sits at the midpoint of the scale, indicating broadly balanced rather than constructive sell-side positioning.
- low1-year price change data is unavailable for all 5 sector peers, preventing a relative price-performance benchmark for BAJAJHFL's -30.35% 1Y return.
Cross-section contradictions
- AUM grew 23% YoY and PBT grew 20% YoY with GNPA at 0.27% per Q4 FY26 results, yet the stock has declined 30.35% over the past 12 months and trades 34.6% below its 52-week high — operating metrics and market price have diverged significantly.
- News sentiment is positive (4 positive, 0 negative out of 8 items) driven by Q4 earnings coverage, while price action has been negative across all measured periods: -30.35% over 1 year and -8.22% over 3 months.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days