Bajaj Housing Finance business model risk is low, but valuation risk is high
Lower interest spreads lead to lower return ratios. Sure, Bajaj Housing has a lower spread, and the business model has less risk by virtue of being a mortgage lender. However, its return on assets (RoA) at 2.5% for Q2FY25 is much lower than parent Bajaj Finance’s RoA of 5% plus seen in Q1FY25.
Bajaj Housing Finance shares in focus on 21% YoY jump in Q2 net profit
Bajaj Housing Finance's net profit for Q2 FY25 rose by 21% to Rs 546 crore, with revenue from operations up by 26% to Rs 2,410 crore. Assets under management grew by 26%, while loan losses and provisions declined significantly.
Bajaj Housing Finance profit climbs 21 per cent
Assets under management (AUM) grew 26% to Rs 1.02 lakh crore as of September 30, from Rs 81,215 crore in the same quarter last year.
Bajaj Housing Finance's Stellar Growth Amidst IPO Launch
Bajaj Housing Finance reported a 21% growth in net profit to Rs 546 crore for the September quarter, post its recent IPO listing. The company's total income rose to Rs 2,410 crore, with a notable increase in interest income.
Bajaj Housing Finance Q2 net profit rises 21% to ₹546 cr
Bajaj Housing Finance reports robust growth in NII, AUM, revenue, and profit, showcasing strong financial performance and market leadership.
Bajaj Housing Finance 1st result post-IPO; Q2 net profit up 21% on-year to Rs 546 crore
The NBFC's net profit rose 21% on-year to Rs 546 crore, while NII expanded 13%, in its first quarterly earnings post recent listing on stock exchanges.
Bajaj Housing Finance Q2 Results | Net profit rises 21%, revenue matches up
The housing finance company maintained its AUM momentum with 26% growth this quarter. Shares of Bajaj Housing Finance ended at ₹136.55, down by ₹2.75, or 1.97%, on the BSE.
Bajaj Housing shares to remain in focus after 21% jump in Q2 net profit
Bajaj Housing Finance shares have seen a consistent decline since their listing. Over the past week, the stock dropped 9.48%, extending its losses to 14.70% over the last month. Since its debut, the stock has fallen by 17.
India's Bajaj Housing Finance posts Q2 profit rise on steady home loan demand
India's most valuable home loan financier Bajaj Housing Finance posted a 21% rise in its second-quarter profit on Monday as demand for credit remained robust.
Bajaj Housing Finance Q2 Profit Rises 21%, but Stock Appears Overvalued
The net profit of Bajaj Housing Finance, a non-banking financial company (NBFC), rose 21% year-on-year (Y-o-Y) to INR 546 crore in the second quarter of FY25 (Q2 FY25) from INR 451 crore in Q2 FY24, aided by healthy growth in total income.
Bajaj Housing Finance Q2: Net Profit Up 21% To ₹546 Cr
Bajaj Housing Finance announced its Q2 results after market close on Monday. The result was the company’s first after its IPO in September. What Happened: Bajaj Finance reported a 21% year-on-year increase in net profit to ₹546 crore in the September quarter.
Bajaj Finance Q2 Results Preview: Net profit may jump 33%, NII seen up 24% YoY led by strong loan growth
Bajaj Finance Q2 results are likely to be strong with sharp net profit growth and the company is also expected to benefit ...
Bajaj Housing Finance Shares Price Jumps 4% On Strong Q2 Results, Net Profit Soars 21% YoY; Check
The shares of Bajaj Housing Finance Ltd experienced a notable surge of up to 4% in opening trade on October 22, buoyed by the ...
Bajaj Housing Finance Q2 results preview: NII may jump by up to 28% YoY on loan growth, NIMs to decline sequentially
Bajaj Housing Finance is anticipated to report a net interest income between Rs 8,810 crore and Rs 9,187 crore for the ...
The Financial Express1d
Q2 Results 2024 Live Updates: Bajaj Housing Finance, Cyient DLM, Mahindra Logistics, Union Bank to announce earnings today
Investors will be watching the performance of players like Bajaj Housing Finance, Gravita India, Cyient DLM, Union Bank of ...