BAJAJ FINANCE LTD. — Q2FY27 earnings call summary

Filed 23 October 2026 · Official transcript

NIM expected to see marginal compression due to rate hikes; cost of funds down 9 bps sequentially
Q2 FY27 AUM grew 26.5% to INR 5.85tn; PAT grew 29% to INR 6,367 Cr
FY27 loan growth guidance maintained at 26-27%; medium-term growth 20-25%
Credit cost improved to 1.56% loan loss to average AUM; macro overlay provision INR 337 Cr
Management overlay provisions for macro risks total INR 512 Cr; LGD floor adds INR 350-500 Cr
New loans grew 11% to 13.5 mn; added 4.5 mn new customers; total franchise 129 mn
Capital raise of INR 11,700 Cr QIP plus INR 5,800 Cr preferential warrants for growth
AI transformation scaled; 75% of DIY customer service handled by AI bots