Non Banking Financial Company Bajaj Housing Finance yesterday reported Q4 Results in Which lender's net Profit rises by 54% YoY to ₹381 Crore and Net Interest Income Rises by 31% YoY
Total Revenue from operations rises by 26% while Asset Quality sawa some pressure Company's net non performing assets rises to 0.11% from 0.10% last year same period
Here's What Brokerages Says on Bajaj Housing Finance
Goldman Sachs on Bajaj Housing
- Goldman Sachs maintains a Sell rating on Bajaj Housing Finance, lowering its target price slightly from ₹83 to ₹82.Which indicated 38% downside in Stock
- Operational miss with flat PPOP growth quarter-on-quarter
- Spreads declined due to lower yields
- Individual home loan growth came in weaker than expected
HSBC on Bajaj Housing Finance
- HSBC also adopts a cautious stance, assigning a Reduce rating with a target price of ₹100.
- AUM growth remains healthy, but a high cost ratio and yield compression (due to rising competition) proved to be a drag.
- HSBC expects a slowdown in EPS growth, citing pressure from lower AUM growth, narrowing net interest margins (NIM), and normalization in credit costs.
- FY26-27 EPS estimates were cut by 2.8% to 3.1%.
On Thursday 24th April 2025 Shares OF Bajaj Housing Finance trading 1% higher at ₹132.95 and in last 6 months shares has given flat return while Stock down 20% from All time high
Disclaimer:
This article is for informational purposes only and does not constitute investment advice.
