Bajaj Finance Earnings Summary — Q1 FY2027
Bajaj Finance Delivers Robust 28% Profit Growth and AUM Expansion in Q1 FY2027
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 10 consecutive quarters.
- Revenue of ₹23,165 Cr is 18.7% higher year-on-year.
- Revenue has compounded at 21.6% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹5,986 Cr is 27.4% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 22.0% annualised across the period.
- Operating margin stands at 70.7% in Q1 FY2027.
- Operating margin expanded by 137 bps year-on-year.
- Over the last two years operating margin has expanded by 146 bps.
- PBT margin is 35.2%.
- Expense growth of 13.4% remained below revenue growth of 18.7%.
- Operating profit of ₹16,373 Cr is 21.0% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 83/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 23,165 | 21,606 | 21,013 | 20,179 | 19,524 | 18,294 | 18,035 | 17,091 | 16,100 | 14,926 |
| Expenses | Improving | 6,793 | 6,553 | 7,737 | 6,307 | 5,992 | 5,865 | 5,691 | 5,338 | 4,956 | 4,420 |
| Operating Profit | Improving | 16,373 | 15,053 | 13,276 | 13,872 | 13,532 | 12,430 | 12,344 | 11,753 | 11,144 | 10,506 |
| Operating Margin | Stable | 70.7% | 69.7% | 63.2% | 68.8% | 69.3% | 67.9% | 68.4% | 68.8% | 69.2% | 70.4% |
| Other Income | Volatile | 6 | 11 | -262 | 5 | 5 | 21 | 26 | 7 | 5 | 9 |
| Interest | Improving | 7,942 | 7,398 | 7,339 | 7,011 | 6,918 | 6,551 | 6,386 | 6,149 | 5,684 | 5,217 |
| Depreciation | Improving | 288 | 256 | 244 | 258 | 251 | 252 | 219 | 210 | 200 | 193 |
| Profit Before Tax | Improving | 8,149 | 7,410 | 5,431 | 6,608 | 6,368 | 5,647 | 5,765 | 5,401 | 5,265 | 5,105 |
| Tax | Improving | 2,068 | 1,857 | 1,365 | 1,660 | 1,602 | 1,102 | 1,457 | 1,388 | 1,353 | 1,281 |
| Net Profit | Improving | 5,986 | 5,465 | 3,978 | 4,875 | 4,700 | 4,480 | 4,247 | 4,000 | 3,912 | 3,825 |
| Net Margin | Stable | 25.8% | 25.3% | 18.9% | 24.2% | 24.1% | 24.5% | 23.6% | 23.4% | 24.3% | 25.6% |
Key Takeaways
- Consolidated Profit After Tax (PAT) grew 28% year-on-year to ₹6,081 crore, reflecting strong execution across lending segments.
- Assets Under Management (AUM) crossed the ₹5.46 lakh crore milestone, registering a healthy 24% growth compared to the previous year.
- Asset quality remains industry-leading with Consolidated Gross NPA at 0.96% and Net NPA at 0.39%, showing improvement from 1.03% and 0.50% YoY.
- The customer franchise grew significantly by 5.10 million during the quarter, reaching a total of 124.43 million customers.
- New loans booked increased by 20% YoY to 16.13 million, indicating resilient demand in consumer and SME financing.
- The company maintained a prudent stance by carrying macro-economic and management provisions of ₹296 crore during the quarter.
Management Guidance
The company continues to focus on its omnichannel strategy and digital transformation to maintain leadership. Capital adequacy remains robust at 20.90%, providing significant headroom for future growth. The management remains committed to maintaining high ROE and healthy asset quality despite competitive pressures.
Sentiment Shift
Improving
The transition to Q1 FY27 shows accelerating AUM growth and improving asset quality metrics compared to the same period last year, alongside sustained profitability margins.
Outlook
Bajaj Finance is well-positioned to leverage its digital 'omnichannel' platform to capture market share. With a diversified loan book and healthy internal accruals, the company is expected to sustain its 20%+ ROE trajectory while navigating regulatory landscapes and competitive intensity.
From the Annual Report (Key Quotes)
“Bajaj Finance reports Consolidated profit after tax of ₹ 6,081 crore in Q1 FY27, a growth of 28%.”
“Consolidated assets under management at ₹ 546,944 crore as on 30 June 2026.”
“Gross NPA and Net NPA as of 30 June 2026 stood at 0.96% and 0.39% respectively.”
“Customer franchise stood at 124.43 million as of 30 June 2026... a growth of 17%.”
Official Quarterly Documents
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This summary is AI-generated from Bajaj Finance's latest quarterly filing and earnings call. For informational purposes only — not investment advice.