Bajaj Housing Finance shares jump 4% on robust Q4

Shares of Bajaj Housing Finance surged nearly 4% in early trade on Thursday after the non-banking financial company (NBFC) reported strong earnings for fourth quarter ended March 31, 2025. The Bajaj group stock, which made its debut on September 16, 2024, has rebounded 33% from its all-time low of ₹103 touched on January 28, 2025, while it is down 27% from its record high level of ₹188.45 hit on September 18, 2024.

On Thursday, Bajaj Housing Finance shares opened 2.4% higher at ₹135 against the previous closing price of ₹131.85 on the BSE. In the first hour of trade so far, the NBFC heavyweight gained as much as 3.9% to ₹137, driven by strong volume. As many as 18.4 shares changed hands over the counter as compared to two-week average volume of 11.90 lakh stocks.

At the time of reporting, shares of Bajaj Housing Finance were trading 1.7% higher at ₹134.10 on the BSE, with a market capitalisation of ₹1.17 lakh crore. The counter has climbed 6% in the calendar year 2025, while it added over 2% in six months, and 10.5% in a month.

For the January-March quarter of FY25, the housing financial company reported a 53% jump in net profits to ₹586.68 crore as against ₹381.34 crore in the year ago period. The net interest income (NII) for Q4 FY25 rose 24.4% to ₹2,373.73 crore, compared with ₹1,907.64 crore in the same quarter of the previous financial year.

On the asset quality front, gross non-performing assets (NPAs) were at 0.29% while net NPAs stood at 0.11%.

For the full financial year 2024-25, Bajaj Housing Finance clocked a net profit of ₹2,163 crore, up 25% from ₹1,731 crore in FY24. Net interest income surged 20% to ₹3,007 crore, while total income stood at ₹9,576 crore.

The assets under management (AUM) jumped 26% YoY to ₹1,14,684 crore on a year-on-year basis, while loan assets grew 25% YoY to ₹99,513 crore as of March 31, 2025. The capital adequacy ratio stood at 28.24%.

Bajaj Housing Finance, a subsidiary of  Bajaj Finance , made its debut on the stock market on September 16 after raising ₹6,560 crore via initial public offering at an issue price of ₹70 per share. The stock is currently up 96% from its issue price.

The IPO of BHFL, which was the first public offering by Bajaj Group in 20 years, comprised a fresh issue of ₹3,560 crore and an offer for sale of ₹3,000 crore by parent Bajaj Finance. The housing finance company intends to use the net proceeds from the issuance of fresh equities to augment its capital base to meet future business requirements of the company towards onward lending.

(DISCLAIMER: The views and opinions expressed by investment experts on fortuneindia.com are either their own or of their organisations, but not necessarily that of fortuneindia.com and its editorial team. Readers are advised to consult certified experts before taking investment decisions.)