BAJAJ FINANCE LIMITED

Bajaj Finance Limited reported a strong performance for Q1 FY2027, with management highlighting significant growth across various metrics. The company added 5 million new customers and achieved a record AUM increase of INR 37,000 crores, resulting in a profit growth of 28% and an ROE of 20.4%. The gold loan business saw a remarkable growth of 112%, contributing to 4% of total AUM. Management noted that rural and urban consumer finance grew by 49% and 38%, respectively, driven by both organic growth and increased SKU prices. Credit quality remained robust, with GNPA and NNPA at 0.96% and 0.39%, respectively. Management also emphasized ongoing investments in AI and digital transformation, aiming to enhance customer centricity and operational efficiency. Despite geopolitical tensions and monsoon uncertainties, management expressed confidence in maintaining strong profitability ratios and improving operational metrics in the future.

Management emphasized strong growth and positive performance metrics throughout the discussion.