Bajaj Finance shares rise over 3% after Q1 business update

Bajaj Finance shares surged 3.3% to Rs 940.7 in Friday's trade on BSE after the company reported a 25% year-on-year (YoY) rise in assets under management (AUM) to approximately Rs 4.41 lakh crore as of June 30, 2025.

During the June quarter, the company added Rs 24,750 crore to its AUM. The customer base grew to 106.51 million from 88.11 million a year ago, with 4.69 million new customers added in Q1FY26.

New loan bookings rose 23% YoY to 13.49 million, compared to 10.97 million in Q1FY25. The deposit book also grew 15% YoY to Rs 72,100 crore from Rs 62,774 crore.


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Bajaj Finance Q4 performance

In the March 2025 quarter, Bajaj Finance reported a 19% year-on-year (YoY) rise in net profit to Rs 4,546 crore. Net interest income (NII) grew 22% to Rs 9,807 crore, supported by healthy loan growth, better margins, and stable asset quality.

The consolidated AUM as of March 2025 stood at Rs 4.16 lakh crore, up 26% from Rs 3.3 lakh crore a year earlier. The company booked 10.7 million new loans during the quarter, a 36% increase from 7.87 million in Q4FY24.

Total income rose 23% YoY to Rs 11,917 crore. Loan losses and provisions increased to Rs 2,329 crore from Rs 1,310 crore a year ago.

The customer franchise crossed a key milestone of 100 million customers by the end of March. Asset quality remained steady, with gross NPA at 0.96% and net NPA at 0.44%.

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Bajaj Finance shares price target

According to Trendlyne, the average target price for Bajaj Finance is Rs 915, suggesting a 1% upside from current levels. The stock holds a ‘Buy’ rating based on consensus estimates from 34 analysts.

On Thursday, shares of Bajaj Finance closed 1.3% lower at Rs 910.70. The stock has gained 31% year-to-date and 26% over the past 12 months. Its current market capitalisation stands at Rs 5.66 lakh crore.