BAJAJ HOUSING FINANCE LTD

During the earnings conference call for Q1 FY27, management reported strong performance metrics, including a 33% increase in disbursements and a 24% rise in assets under management (AUM) year-over-year. The profit after tax (PAT) grew by 23%, with a stable return on assets (ROA) of 2.3% and an improved return on equity (ROE) of 12.5%. The company maintained healthy asset quality, with gross non-performing assets (GNPA) at 29 basis points and net non-performing assets (NNPA) at 12 basis points. Management highlighted the implementation of AI initiatives to enhance operational efficiency and customer experience. They also provided guidance for FY27, projecting a moderation in net interest margin (NIM) by 20-25 basis points and a stable operating efficiency ratio of 19-20%. Overall, the management expressed confidence in maintaining asset quality and profitability despite external economic factors.

Management emphasized strong growth and operational improvements during the quarter.