Bajaj Housing Finance Ltd has recently captured market attention following the announcement of its third-quarter financial results for the fiscal year 2025. The company reported a 25% year-on-year (YoY) increase in its consolidated profit after tax (PAT), reaching ₹548 crore, up from ₹437 crore in the same quarter of the previous year.
Around 9:45 AM, Bajaj Housing Finance fell 1.75% to Rs 104 on the BSE of the stock exchange. On the other hand, BSE Sensex also rose 0.39% to reach 75663.44 Similarly, the market capitalisation of the company was Rs 86487.8 crore.
Though it was high compared to other stocks the 52 week high in the stock was at Rs 188.45 per share and 52 week low was at Rs 103.65 per share.ck touched an intraday high of Rs 109.85 per share and an intraday low of Rs 103.65 per share. The scrip was volatile after the company posted its third quarter ended on December 31, 2024, numbers.
Around 9:45 AM, Bajaj Housing Finance shares were down 1.75 percent at Rs 104 per share on BSE. In comparison, the BSE Sensex was up 0.39 percent at 75,663.44. The market capitalization of the company stood at Rs 86,487.8 crore. The 52-week high of the stock was at Rs 188.45 per share, and the 52-week low was Rs 103.65 per share.
Today it is quoted at Rs 150, which is 1.7 percent down from its listing price of Rs 150 per share and Rs 70 more than its issue price.
Bajaj Housing Finance Q3 Results
On Monday, after the bells had closed, Bajaj Housing Finance upped its consolidated net profit Y-o-Y 25 percent in Q3 FY25 at Rs 548 crore, from Rs 437 crore in Q3 FY24. Total operations revenues were at Rs 2,449 crore in Q3FY25, an increase of 25.8% from Rs 1,946 crore in the same period a year ago.
Further, the loan portfolio of Bajaj Housing soared to Rs 9,557 crore–a 31 percent Y-o-Y increase and assets under management stood at Rs 1.08 trillion rupees—up 26 percent Y-o-Y.
Net interest income, the differential between interest earned and interest paid, increased by 25 percent to Rs 806 crore. Its asset quality was, therefore, relatively stable on a sequential basis; Basel-defined gross bad loans as a proportion to total loans were at 0.29 percent as of December end. On a Y-o-Y basis, it was a very small drop from 0.25 percent, however.
Asset Quality And Efficiency
Bajaj Housing Finance maintained a solid asset quality during the quarter, with gross non-performing assets (NPAs) standing at 0.29% of total loans, slightly up from 0.25% a year ago. The net NPAs also remained stable at 0.13%.
The company reported that its provisioning coverage ratio on stage 3 assets was at 55%, indicating prudent risk management practices.