Bajaj Housing Finance Ltd Q3 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 6 Aug 2026 | Finance | Market Cap: ₹72.5K Cr
The company targets a medium-term loan book growth of 24% to 26%, particularly in the home loan segment. Bajaj Housing Finance targets medium-term AUM growth of 24%-26% (page 4, 15).
From Bajaj Housing Finance Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹84.8
Market Cap
₹72.5K Cr
P/E Ratio
26.8
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📊 Revenue & Sales Performance
- →The company targets a medium-term loan book growth of 24% to 26%, particularly in the home loan segment.
- →Current home loan and LAP segment growth is around 21%-23%, with expectations that near prime and affordable verticals will contribute more from 2025-26 onward.
- →Developer finance book, currently about Rs. 13,000 crore across 738 projects, is expected to grow but will remain a smaller proportion (12%-15%) of the portfolio due to higher inherent risks.
- →Affordable housing vertical aims for 20%-25% growth but will remain about 20% of the book, with 80% still in the prime segment over five years.
- →Growth in prime home loans is expected to accelerate alongside developer financing as efficiency in market capture improves.
- →The company expects economies of scale and expansion in new verticals to drive incremental growth beyond organic expansion.
📈 Profitability & Margins
🏗️ Capital Expenditure Plans
💰 Fundraising & Capital Structure
- →Gaurav Kalani mentioned that previously Bajaj Housing Finance used to raise capital when leverage was closer to 6x-7x.
- →Now, having grown in scale, the company has moved the leverage threshold to 7x-8x, indicating increased ability to raise capital.
- →No specific plans for immediate new fundraising were explicitly stated in the transcript.
- →The company believes it now has the ability to "shell the capital more" given its growth, suggesting potential for future capital raising if needed.
- →The borrowing mix remains diversified and stable, with bank borrowings constituting 43% and money market plus NHB at 57%.
- →Overall, while there is capacity and intent to raise capital given leverage thresholds, no explicit mention of planned or ongoing fundraising through debt or equity in the near term was made.
📋 Order Book & Pipeline
Key Metrics
Frequently Asked Questions
What were Bajaj Housing Finance Ltd Q3 FY25 results?
The company targets a medium-term loan book growth of 24% to 26%, particularly in the home loan segment. Bajaj Housing Finance targets medium-term AUM growth of 24%-26% (page 4, 15).
What is Bajaj Housing Finance Ltd share price analysis?
Bajaj Housing Finance Ltd currently shows a neutral. The stock trades at a P/E of 26.8 with a market cap of ₹72,475 Cr. Investors should review the full earnings analysis for detailed insights.
Is Bajaj Housing Finance Ltd planning capital expenditure?
The transcript does not explicitly mention any specific current or future capex, capital investment, or strategic investment plans related to Bajaj Housing Finance.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.