Shares of Bajaj Finance Ltd., India’s largest non-bank lender, opened 5 per cent decrease put up its Q1 outcomes which had been introduced on Thursday.
Bajaj Finance reported its monetary outcomes for the primary quarter of FY26, ending June 30, 2025. The corporate posted a 21.8 per cent year-on-year improve in web revenue to Rs 4,765.29 crore, in contrast with Rs 3,911.98 crore in Q1 FY25. Consolidated income rose 21 per cent to Rs 19,524 crore from Rs 16,100 crore in the identical interval final 12 months. Brokerages stay divided on Bajaj Finance.
The NBFC recorded 1.35 crore mortgage bookings in Q1 FY26, a 23 per cent improve over 1.09 crore in Q1 FY25. Its buyer base expanded by 21 per cent to 10.65 crore. Belongings underneath administration (AUM) rose 25 per cent to Rs 4,41,450 crore from Rs 3,54,192 crore year-on-year. Internet curiosity revenue (NII) elevated 22 per cent to Rs 10,227 crore.
Regardless of the robust development figures, Bajaj Finance shares ended 0.95 per cent decrease at Rs 959 on the BSE on July 24.
Ought to You Purchase, Promote or Maintain Bajaj Finance Shares?
Brokerage companies provided assorted views on Bajaj Finance’s outcomes and outlook:
JP Morgan downgraded the inventory to Impartial from Chubby, citing issues about asset high quality in mortgage, MSME, and two/three-wheeler loans. The goal worth was lowered to Rs 970 from Rs 980.
Goldman Sachs maintained a Impartial score and lowered the goal worth barely to Rs 969 from Rs 977.
CLSA retained an Accumulate score and raised its goal worth to Rs 1,150 from Rs 1,100.
Jefferies maintained a Purchase score and elevated the goal worth to Rs 1,100 from Rs 1,044, citing wholesome development regardless of some stress within the MSME section.
Morgan Stanley continued with an Chubby score and a goal worth of Rs 1,050.
Macquarie saved an Underperform score and lowered its goal to Rs 800, highlighting elevated credit score prices and stress within the SME section.
Bernstein maintained an Underperform score with a goal worth of Rs 640, noting credit score prices above steering and a return on belongings (RoA) inside the just lately revised vary.
Citi saved a Impartial score with a goal worth of Rs 983.
HSBC maintained a Purchase score and goal worth of Rs 1,080.
Disclaimer: For informational functions solely. Do your individual analysis or seek the advice of a monetary advisor earlier than investing.
