Bajaj Housing Finance Ltd. (BAJAJHFL) AI Stock Analysis

• Market Cap: ₹913.22B
• Dividend Yield: N/A
• Average Volume (3M): 432.37K
• Price to Earnings (P/E): 39.6
• Beta (1Y): 1.35
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 2,372
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Mortgages
• EPS (TTM): 3.10
• Shares Outstanding: 8,332,335,000
• 10 Day Avg. Volume: 388,384
• 30 Day Avg. Volume: 432,366
• PEG Ratio: 1.66
• Price to Book (P/B): 5.09
• Price to Sales (P/S): 10.66
• P/FCF Ratio: -5.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹130.00
• Price Target Upside: 19.16% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: ₹120.00 ▲(9.99% Upside)

Bajaj Housing Finance Ltd. has a strong financial performance with significant revenue and profit growth. However, high leverage and negative cash flows present risks. Technical indicators suggest a bearish trend, and the stock's high P/E ratio indicates potential overvaluation. The absence of a dividend yield further impacts its valuation attractiveness.

Bajaj Housing Finance Ltd. Business Overview & Revenue Model

Company Description

Bajaj Housing Finance Ltd. (BAJAJHFL) is a leading housing finance company in India, providing a range of financial services focused primarily on home loans, loan against property, and other related products. A subsidiary of Bajaj Finance Limited, BAJAJHFL caters to individuals and businesses looking to purchase residential properties or refinance existing loans. The company operates in the residential and commercial real estate sectors, aiming to facilitate easy access to financing for property buyers and developers.

How the Company Makes Money

Bajaj Housing Finance Ltd. generates revenue primarily through the interest income earned on the loans it disburses to customers. Its key revenue streams include home loans, which account for a significant portion of its portfolio, as well as loans against property and construction finance for real estate developers. The company charges processing fees and other associated charges, which contribute to its income. BAJAJHFL's strong brand reputation and extensive distribution network allow it to reach a wide customer base. Moreover, partnerships with real estate developers and builders enhance its market presence and provide a steady flow of loan applications. The company's ability to manage its cost of funds effectively and maintain competitive interest rates also plays a crucial role in its profitability.

Bajaj Housing Finance Ltd. Financial Statement Overview

Summary

Bajaj Housing Finance Ltd. shows strong revenue and profit growth with impressive margins and effective cost control. However, high leverage and persistent negative cash flow pose risks, requiring strategic financial management to maintain liquidity and minimize debt-related risks.

Income Statement

Bajaj Housing Finance Ltd. has demonstrated robust revenue growth over the years, with a significant increase from ₹36,875 million in 2022 to ₹93,639 million in 2025, marking a strong upward trajectory. The company maintains a healthy gross profit margin, consistently above 30% in recent years. EBITDA and EBIT margins are strong, reflecting efficient cost management and operational profitability. However, the high net profit margin indicates substantial profitability, although some pressure could arise from industry competition.

Balance Sheet

The company's balance sheet shows a high level of total debt, increasing from ₹414,923 million in 2022 to ₹820,343 million in 2025, leading to a high debt-to-equity ratio. While this leverage could pose risks, the strong growth in stockholders' equity from ₹67,413 million in 2022 to ₹199,468 million in 2025 provides some stability. The equity ratio remains stable and indicates a solid foundation, though the high debt levels warrant careful monitoring.

Cash Flow

Cash flow analysis reveals a consistent pattern of negative operating and free cash flows over the years, indicative of the significant investments being made by the company. This poses a risk to liquidity and sustainability if not managed effectively. Despite this, the financing cash flow remains positive, suggesting that the company is actively managing its financing needs, possibly through debt or equity financing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	98.14B	95.28B	73.29B	54.81B	36.88B
Gross Profit	46.31B	89.53B	22.11B	18.69B	12.16B
EBITDA	44.44B	27.27B	22.04B	17.36B	9.88B
Net Income	22.64B	21.63B	17.31B	12.58B	7.10B
Balance Sheet
Total Assets	0.00	1.03T	818.27B	646.54B	485.27B
Cash, Cash Equivalents and Short-Term Investments	13.24B	617.80M	15.64B	21.69B	17.22B
Total Debt	0.00	820.34B	691.29B	537.45B	414.92B
Total Liabilities	-199.47B	828.62B	695.94B	541.51B	417.86B
Stockholders Equity	199.47B	199.47B	122.33B	105.03B	67.41B
Cash Flow
Free Cash Flow	-34.29B	-171.16B	-154.71B	-143.66B	-125.10B
Operating Cash Flow	-34.22B	-170.75B	-154.28B	-143.32B	-124.81B
Investing Cash Flow	1.94B	-7.98B	2.73B	-6.11B	21.97B
Financing Cash Flow	47.61B	178.70B	151.25B	146.30B	102.28B

Bajaj Housing Finance Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 109.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BAJAJHFL, the sentiment is Negative. The current price of 109.1 is below the 20-day moving average (MA) of 109.73, below the 50-day MA of 111.31, and below the 200-day MA of 116.85, indicating a bearish trend. The MACD of -0.47 indicates Negative momentum. The RSI at 44.37 is Neutral, neither overbought nor oversold. The STOCH value of 22.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BAJAJHFL.

Bajaj Housing Finance Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PNBHOUSING	69 Neutral	₹242.65B	11.27	―	0.55%	12.51%	27.75%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AAVAS	64 Neutral	₹129.89B	22.11	―	―	―	―
BAJAJHFL	62 Neutral	₹913.22B	39.62	―	―	―	―
APTUS	62 Neutral	₹147.62B	17.48	―	1.54%	28.47%	24.63%
HOMEFIRST	62 Neutral	₹123.83B	26.81	―	0.33%	31.75%	21.70%
LICHSGFIN	55 Neutral	₹315.65B	5.72	―	1.75%	4.79%	13.08%

Bajaj Housing Finance Ltd. Corporate Events

Bajaj Housing Finance Schedules Q2FY26 Earnings Call

Bajaj Housing Finance Limited has announced a conference call scheduled for November 6, 2025, to discuss its financial results for the quarter ending September 30, 2025. This call, hosted by Axis Capital, will include a management discussion on the company’s earnings performance and an interactive Q&A session, potentially impacting investor and analyst perceptions of the company’s financial health and market positioning.