NSE BAJAJHFLCRISIL AAA, stableIndia Ratings AAA, stableCredit ratingA grade for how safely a company can repay what it borrows. AAA is the highest grade. A stable outlook means the agency does not expect to change it soon.It sets how cheaply the company can borrow, and so how cheaply it can lend.Housing finance companyMid-capMid-capAMFI ranks listed companies by market value twice a year: the 100 largest are large-cap, the next 150 mid-cap. Bajaj Housing Finance was large-cap from February 2025 and moved to mid-cap in the December 2025 review.Mutual funds sort the shares they may buy by this list, so the class shapes which funds can hold it.
A large housing lender from Pune that is growing faster than most rivals. It charges borrowers some of the lowest rates, which leaves it a thinner margin, and it has the fewest bad loans of the 17 HFCs that report them.
AUMAUMAll the loans it manages, as each lender reports it. That can include loans it has sold to other lenders but still collects.The usual way to measure how big a lender is. The typical HFC is the middle of the 19 that report this: half are above it, half below.Loan book₹1,14,684 CrLent ₹50,843 Cr of new loans in the year
AUM growth YoYAUM growth YoYHow much the loan book grew over the year.Fast growth wins customers, but the loans still have to be repaid. The typical HFC is the middle of the 18 that report this: half are above it, half below.Higher is betterLoan book growth26.0%The typical HFC grew 20.0%
7th fastest of 18Where it stands
Where it standsEach mark is one of the 19 HFCs that report AUM for the year, smallest on the left. Filled marks are the lenders it is bigger than; its own mark is dark. Point at a mark to see which HFC it is.Yield on loansYield on loansThe average interest rate it earned on its loans over the year.A low rate is good for borrowers but leaves the lender a thinner margin. The typical HFC is the middle of the 18 that report this: half are above it, half below.Rate it charges3rd lowest of 18
9.84%Borrows at 7.91%, keeps a gap of 1.93%GNPAGNPALoans more than 90 days overdue, or unlikely to be repaid in full, as a share of all loans.The clearest sign of how good its lending is. The typical HFC is the middle of the 17 that report this: half are above it, half below.Lower is betterBad loans, Gross Stage 3Lowest of 17
0.29%The typical HFC: 1.81%#2of 19 HFCs by loan book
Only one HFC is larger
Amounts in
About Bajaj Housing Finance
Bajaj Housing Finance is a housing finance company based in Pune and a subsidiary of Bajaj Finance. It does not take deposits from the public. It lends through four products: home loans, loans against property, lease rental discounting (loans repaid from the rent on commercial property), and finance for developers.
Profile
- Name
- Bajaj Housing Finance Limited
- Founded
- 2008
- Head office
- Pune, Maharashtra
- Website
- bajajhousingfinance.in
Business
- Sector
- Housing finance
- RegulatorRBI, upper-layer NBFCThe Reserve Bank of India sorts non-bank lenders (NBFCs) into layers by size and risk. Those in the upper layer face the closest supervision and the strictest rules.
- RBI, upper-layer NBFC
- Branches
- 174
Leadership
- Chairman
- Sanjiv Bajaj
- Managing Director
- Atul Jain
- Chief Financial Officer
- Gaurav Kalani
Ownership and listing
- Parent
- Bajaj Finance Ltd (88.75%)
- Listed
- NSE, Sep 2024
- ISINISINThe code that identifies its shares on stock exchanges and in demat accounts.
- INE377Y01014
- Auditors
- Mukund M. Chitale & Co., Singhi & Co.
AUM, quarter by quarter
AUMAll the loans it manages, as each lender reports it. That can include loans it has sold to other lenders but still collects.The usual way to measure how big a lender is. The typical HFC is the middle of the 19 that report this: half are above it, half below.₹ crore, at each quarter endUp 11.8% from September 2024 to March 2025, growing every quarter.
0
50,000
1,00,000
1,50,000
Not reported
March 2025, pending review₹1,14,684 CrUp 5.9% since December 2024
Jun 2024Q1 FY25Sep 2024Q2 FY25Dec 2024Q3 FY25Mar 2025Q4 FY25
VerifiedPending review
Every quarter in FinancialsShare of AUM
Share of AUMIts AUM, the loans it manages, as a share of the combined AUM of the 19 HFCs on Lenderboard that report it for the year, not of every HFC in India.Shows how much of the market it holds, not just where it ranks.Across the 19 HFCs that report AUM, FY 2024-25
₹14 of every ₹100of all the loans they manage sits with Bajaj Housing
Each hexagon is 1% of their combined AUM.
One larger HFC37.9%
Bajaj Housing Finance14.1%
The next 4 largest4 locked lenders32.2%
The other 13 HFCsSmaller HFCs15.7%
Key metrics
Year to March 2025Ahead of most HFCs on profit growth, loan quality and efficiency, behind on interest margin. The ring fills with the share of other HFCs it beats, so a full ring means it is the best.
Profit growthPAT growthProfit growthHow much profit after tax grew over the year.Shows whether growth is turning into earnings. The typical HFC is the middle of the 16 that report this: half are above it, half below.Higher is better
25.0%Ahead of 12 of the other 15 HFCsTypical HFC 14.1%Higher is betterReturn on assetsROAReturn on assetsProfit after tax for every ₹100 of assets.How well it turns its loans into profit. The typical HFC is the middle of the 19 that report this: half are above it, half below.Higher is better
2.40%Ahead of 9 of the other 18 HFCsTypical HFC 2.40%Higher is betterInterest marginNIMInterest marginInterest earned minus interest paid, for every ₹100 of assets.The core earning power of a lender. The typical HFC is the middle of the 18 that report this: half are above it, half below.Higher is better
3.26%Ahead of 2 of the other 17 HFCsTypical HFC 4.38%Higher is betterNNPABad loans after provisions, Net Stage 3NNPABad loans minus the money already set aside to cover them, as a share of loans.What could still hit profits if those loans are never repaid. The typical HFC is the middle of the 17 that report this: half are above it, half below.Lower is better
0.11%Best of the 17 HFCs that report itTypical HFC 1.08%Lower is betterCost to incomeCost to incomeRunning costs for every ₹100 of income.Lower means a leaner, more efficient lender. The typical HFC is the middle of the 19 that report this: half are above it, half below.Lower is better
20.80%Ahead of 14 of the other 18 HFCsTypical HFC 38.70%Lower is betterBook value per shareBook value per shareIts net worth divided by the number of its shares: roughly what each share is backed by on its books.Investors compare it with the share price.
₹23.95Not ranked: share counts differ too much to compareNet worth ₹19,947 CrHow it compares
The six largest HFCs by AUM, year to March 2025Of the six largest HFCs, it is growing fastest and has the fewest bad loans. It is 3rd best on return on equity and 4th best on capital among them, and charges the 3rd lowest rate of the six.
Best of the six2nd3rd or 4th5th or 6thNot shaded: a higher rate is neither better nor worse
#
Company
AUMAUMAll the loans it manages, as each lender reports it. That can include loans it has sold to other lenders but still collects.The usual way to measure how big a lender is. The typical HFC is the middle of the 19 that report this: half are above it, half below.Loan book
AUM growth YoYAUM growth YoYHow much the loan book grew over the year.Fast growth wins customers, but the loans still have to be repaid. The typical HFC is the middle of the 18 that report this: half are above it, half below.Higher is betterLoan book growth, higher is better
Yield on loansYield on loansThe average interest rate it earned on its loans over the year.A low rate is good for borrowers but leaves the lender a thinner margin. The typical HFC is the middle of the 18 that report this: half are above it, half below.Rate it charges, not shaded
GNPAGNPALoans more than 90 days overdue, or unlikely to be repaid in full, as a share of all loans.The clearest sign of how good its lending is. The typical HFC is the middle of the 17 that report this: half are above it, half below.Lower is betterBad loans, Gross Stage 3, lower is better
Return on equityReturn on equityProfit after tax for every ₹100 put in by its shareholders.The return its owners earn. The typical HFC is the middle of the 19 that report this: half are above it, half below.Higher is betterROE, higher is better
Capital ratioCapital ratioIts own capital as a share of its loans, weighted by risk. RBI requires at least 15%.A cushion that absorbs losses. Higher is safer. The typical HFC is the middle of the 17 that report this: half are above it, half below.Higher is betterCRAR, higher is better
1
Locked lender, pending review
₹3,07,732 Cr
7.3%, fifth of the six
9.19%
2.47%, sixth of the six
16.00%, second of the six
23.20%, sixth of the six
2
Bajaj Housing Finance
₹1,14,684 Cr
26.0%, best of the six
9.84%
0.29%, best of the six
13.40%, third of the six
28.24%, fourth of the six
3
Locked lender, pending review
₹80,689 Cr
17.0%, second of the six
13.21%
2.18%, fifth of the six
1.80%, fifth of the six
30.56%, best of the six
4
Locked lender
₹80,397 Cr
13.0%, third of the six
10.05%
1.08%, third of the six
12.19%, fourth of the six
29.38%, third of the six
5
Locked lender, pending review
₹62,346 Cr
n/a
9.77%
1.81%, fourth of the six
−8.69%, sixth of the six
29.52%, second of the six
6
Locked lender, pending review
₹38,217 Cr
9.2%, fourth of the six
10.10%
0.87%, second of the six
16.92%, best of the six
25.08%, fifth of the six
Select a lender to highlight its row.All 19 HFCs in Analytics