Bajaj Finance Share Price Jumps On Strong Q1 Results

Bajaj Finance share price surged on Friday after the non-banking financial company reported a strong June quarter and analysts responded with largely upbeat commentary and higher earnings estimates. The stock climbed about 7 percent in morning trade and closed 8.3 percent higher at ₹1,141 on the NSE, as investors cheered a 27 percent year-on-year rise in consolidated net profit to ₹5,986 crore in Q1 FY27.

According to NSE data, Bajaj Finance was the top gainer on the Nifty 50 during the session. The share price added ₹87.50 from the previous close, with the rally extending through the day as more details of the quarterly performance and management commentary filtered into the market. The move came against the backdrop of a broader re-rating in non-bank lenders, but Bajaj Finance’s earnings beat and asset quality trends gave the stock a distinct catalyst.

Intraday, Bajaj Finance traded firmly in the green, although the exact high and low for the session were not detailed in the available data. The closing level of ₹1,141 also reflected a year-to-date gain of about 15 percent in 2026, significantly ahead of the Nifty 50, which has declined around 7 percent over the same period. The company’s market capitalisation now stands near ₹7 lakh crore.

Stock Performance

Metric	Value
Close	₹1,141
Day Change	+8.31%
52-week High	Not disclosed
52-week Low	Not disclosed
Market Cap	~₹7,00,000 crore

The Bajaj Finance share price move was driven primarily by its Q1 FY27 results, which showed strong growth in profit and assets under management alongside improving asset quality. Consolidated net profit rose 27 percent year-on-year to ₹5,986 crore, ahead of analyst estimates. Net interest income increased 23 percent to ₹12,571 crore, which some brokerages noted was slightly below their forecasts, but still robust in absolute terms. The company also reported 24 percent growth in assets under management, while credit costs eased to 1.54 percent, supporting the earnings expansion.

Brokerages highlighted that asset quality metrics strengthened during the quarter, reinforcing confidence in the lender’s growth trajectory. Gross non-performing assets declined to 0.96 percent from 1.03 percent at the end of March, and net NPA fell to 0.39 percent from 0.50 percent. Return on assets remained healthy at 4.7 percent, a level that analysts described as supportive of the company’s ability to sustain profitability even as the loan book expands.

Financial Performance

Metric	Current	YoY
Revenue (NII)	₹12,571 crore	+23%
Net Profit	₹5,986 crore	+27%
Credit Cost	1.54%	Lower YoY
Gross NPA	0.96%	Improved from 1.03% (Mar)
Net NPA	0.39%	Improved from 0.50% (Mar)
ROA	4.7%	Not disclosed

The financials point to a quarter where Bajaj Finance combined strong loan growth with disciplined risk management. The 24 percent expansion in AUM, alongside stable net interest margins cited by some analysts, underpinned the rise in net interest income. Lower credit costs at 1.54 percent, compared with the company’s full-year guidance band of 1.45 to 1.6 percent, contributed meaningfully to the 27 percent profit growth. The improvement in gross and net NPA ratios indicates that incremental stress in the portfolio remained contained despite rapid growth.

Several brokerages responded to the Q1 print by reiterating positive views on the stock and raising their earnings estimates. Analysts who maintained Outperform ratings said profit after tax beat their expectations, supported by stronger-than-anticipated pre-provision operating profit and lower credit costs. They also pointed to the sharp improvement in asset quality and argued that Bajaj Finance could comfortably outperform its full-year credit cost guidance if current trends persist.

Management commentary during the post-results interaction was described by analysts as confident. They noted that the company appeared comfortable with scaling up its business while maintaining existing profitability levels. Brokerages also highlighted improving asset quality trends in personal and business loan segments, which are typically more sensitive to economic cycles. Some houses characterised the June quarter as exceptionally strong across key operating metrics and raised their estimates for AUM growth, net interest margin and credit costs, resulting in earnings upgrades of 1 to 6 percent for FY27 to FY29.

Not all brokerages turned outright bullish, however. A few retained Underperform ratings, even as they acknowledged the strength of the quarter. These analysts cited limited upside at current valuations, given the stock’s recent outperformance and the already high expectations embedded in the Bajaj Finance share price. They nonetheless recognised that the quarter benefited from 24 percent AUM growth, stable margins and improving asset quality, with lower credit costs contributing to the earnings beat.

Bajaj Finance is one of India’s largest non-banking financial companies, with a diversified lending franchise across consumer, SME and commercial segments. Over recent years it has focused on expanding its digital capabilities and cross-selling financial products to its large customer base. The strong Q1 FY27 performance follows a period of steady growth and reflects the company’s continued emphasis on profitable expansion while keeping credit risk under control.

For investors tracking Bajaj Finance share price today, the next key catalyst is likely to be the company’s subsequent quarterly results and any revision to its guidance on credit costs and growth. Analysts will watch whether the lender can sustain high AUM growth without compromising asset quality, and whether funding costs remain broadly stable in a changing rate environment. Brokerage target price changes following the Q1 print also set up expectations that will be tested over the rest of FY27.