Bajaj Housing Finance Q3 Results: Bajaj Housing Finance to announce Q3 results on January 27, and so, one has all the reasons to keep an eye on its shares. Let’s unleash the major anticipations that analysts have from this financing business and what can be the Bajaj Housing Finance Q3 Results.
Overview of Bajaj Housing Finance
The RBI has classified Bajaj Housing Finance Limited (BHFL) as an ‘Upper-Layer NBFC’ under Scale-Based Regulations. A subsidiary of Bajaj Finance, BHFL is one of the most diverse NBFCs in the Indian market, serving over 92.09 million consumers across the country. BHFL, headquartered in Pune, provides financing to both individuals and corporations for the renovation and acquisition of houses or commercial buildings.
Key Offerings of Bajaj Housing Finance
It offers working capital for business expansion and property-based loans for company or personal requirements. BHFL also provides financing to developers building homes and offices, as well as lease rental discounts to high-profile individuals and developers. Bajaj Housing Finance Ltd. offers these varieties of home loan packages at low interest rates. The home loan interest rates start from 8.50% per annum. The company also provides special offers for accountants and doctors.
Bajaj Housing Finance Q3 Results Expectations
Different analysts have distinctive views regarding Bajaj Housing Finance Q3 results. A few of them are given below:
According to Kotak Equities analysts, profit is expected to increase by 31% YoY to Rs 574 crore, while the net interest income (NII) is expected to increase by 24% YoY in the December quarter to Rs 798 crore.
Additionally, the company’s provisions are expected to increase significantly during the third quarter, while pre-provision operating profit may increase by 30% YoY to Rs 746 crore.
Moreover, IIFL Capital expects a 26% year-on-year increase in net profit and a 29% increase in net interest income of Bajaj Housing Finance.
- In 2024, Bajaj Housing Finance floated at a premium of more than 100% to its issue price of ₹70, making it one of the most popular listings. However, as the analysts predicted, the stock has been in a corrective phase since its last high of ₹188 (post-listing).
A brief anticipated projection in terms of the future situation of the Bajaj Housing Finance Q3 results is given below:
| Prediction 1 | Analysts anticipate that loan growth will remain healthy. |
| Prediction 2 | Rising interest rates are projected to continue to put pressure on the NIM. |
| Prediction 3 | Asset quality is anticipated to be steady. |
Final Verdict
No doubt, Bajaj Housing Finance is growing and profitable, although the share price has been impacted by factors such as the anchor lock-in expiry and divided analyst sentiment. Moreover, analysts have high hopes for Bajaj Housing Finance Q3 results, but only time will reveal the fate of this financial solution expert.
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