Bajaj Housing Finance Ltd. (BAJAJHFL) AI Stock Analysis

• Market Cap: ₹799.07B
• Dividend Yield: N/A
• Average Volume (3M): 2.26M
• Price to Earnings (P/E): 33.8
• Beta (1Y): 1.31
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 2,372
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Mortgages
• EPS (TTM): 0.77
• Shares Outstanding: 8,332,335,000
• 10 Day Avg. Volume: 748,942
• 30 Day Avg. Volume: 2,256,665
• 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): 3
• Revenue Forecast (FY): ₹43.69B

• Rating: 56 Neutral
• Price Target: ₹100.00 ▼(-8.34% Downside)

Bajaj Housing Finance Ltd. has a moderate overall stock score driven by strong financial performance but offset by high leverage and negative cash flow. The technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation. The lack of dividend yield further impacts the valuation attractiveness.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market presence and effective business strategies, supporting long-term financial stability and market competitiveness.

Profit Margins

Sustained high profit margins reflect efficient cost management and operational effectiveness, enhancing long-term profitability and competitive positioning.

Equity Growth

Significant growth in equity provides a solid financial foundation, supporting future investments and reducing financial risk, enhancing long-term stability.

Negative Factors

High Leverage

High leverage poses risks to financial flexibility and increases vulnerability to interest rate fluctuations, potentially impacting long-term financial health.

Negative Cash Flow

Persistent negative cash flow indicates potential liquidity challenges, requiring careful management to ensure sustainability and operational continuity.

Debt Management

Reliance on external financing for cash flow management may increase financial risk and interest obligations, affecting long-term financial stability.

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	Dec 2021
Income Statement
Total Revenue	96.02B	91.79B	73.29B	54.81B	36.88B	31.55B
Gross Profit	29.60B	27.67B	22.11B	18.69B	12.16B	26.53B
EBITDA	29.84B	28.15B	22.04B	17.36B	9.88B	25.89B
Net Income	22.64B	21.63B	17.31B	12.58B	7.10B	4.53B
Balance Sheet
Total Assets	0.00	1.03T	818.27B	646.54B	485.27B	378.58B
Cash, Cash Equivalents and Short-Term Investments	13.24B	617.80M	15.64B	21.69B	17.22B	39.83B
Total Debt	0.00	820.34B	691.29B	537.45B	414.92B	316.33B
Total Liabilities	-199.47B	828.62B	695.94B	541.51B	417.86B	318.26B
Stockholders Equity	199.47B	199.47B	122.33B	105.03B	67.41B	60.32B
Cash Flow
Free Cash Flow	-34.29B	-171.16B	-154.71B	-143.66B	-125.10B	-50.82B
Operating Cash Flow	-34.22B	-170.75B	-154.28B	-143.32B	-124.81B	-50.76B
Investing Cash Flow	1.94B	-7.98B	2.73B	-6.11B	21.97B	-7.97B
Financing Cash Flow	47.61B	178.70B	151.25B	146.30B	102.28B	56.76B

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 above the 20-day moving average (MA) of 97.52, above the 50-day MA of 104.14, and below the 200-day MA of 114.96, indicating a bearish trend. The MACD of -2.74 indicates Negative momentum. The RSI at 31.33 is Neutral, neither overbought nor oversold. The STOCH value of 62.29 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	₹243.82B	11.29	―	0.53%	12.51%	27.75%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AAVAS	64 Neutral	₹115.47B	19.46	―	―	―	―
HOMEFIRST	59 Neutral	₹115.87B	24.02	―	0.33%	31.75%	21.70%
APTUS	58 Neutral	₹141.33B	16.73	―	1.59%	28.47%	24.63%
BAJAJHFL	56 Neutral	₹799.07B	33.82	―	―	―	―
LICHSGFIN	55 Neutral	₹293.57B	5.32	―	1.87%	4.79%	13.08%

Bajaj Housing Finance Ltd. Corporate Events

Bajaj Housing Finance Hosts Investor Meet, Shares Recording Online

Bajaj Housing Finance Limited announced the successful completion of an investor and analyst group meeting held on December 5, 2025, in Mumbai. The company has made the audio recording of the meeting available on its website, reflecting its commitment to transparency and stakeholder engagement. This move is likely to enhance investor confidence and provide insights into the company’s strategic direction.

Bajaj Housing Finance Ltd. Releases Half-Yearly Financial Report for FY2025-26

Bajaj Housing Finance Ltd. has released its Half-Yearly Report for the fiscal year 2025-26, detailing the company’s financial performance and key developments up to September 30, 2025. The report, which has been made available to stakeholders electronically and on the company’s website, is expected to provide insights into the company’s operational strategies and market positioning, potentially impacting investor and stakeholder perspectives.

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.