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Housing finance subsidiary of the Bajaj Finserv group, providing home loans and loans against property to Indian retail and developer customers.
Housing finance subsidiary of the Bajaj Finserv group, providing home loans and loans against property to Indian retail and developer customers.
Earns the spread between what it lends at and what it pays on its funding, which comes largely from market borrowings. Bajaj Finance, a lender in the same group, holds the majority, and the company listed in September 2024.
In one line: India's smaller Rocket Mortgage/PennyMac.
Moat: narrow (brand, distribution, scale). Bajaj Group brand trust and a growing branch/digital distribution network in India's housing finance market.
Headquarters: Pune, India · Founded: 2008 · Employees: 4,756
Size Bajaj Housing Finance (BAJAJHFL.NS) is an India Financials company (Finance/Rental/Leasing) with a market value of $7.05B, the 163rd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹80.00 on 6 Nov 2026.
Performance Over six months the shares fell 9.1%, against -9.1% for the median peer and 0.0% for the India market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 17.2% over the last twelve months (peer median +7.4%); the operating margin is 31.5% (peer median 34.9%).
Valuation It trades at 2.77× book value against a peer median of 1.82× (6th most expensive of 21).
Price implies The share price implies a return on equity of about 41.1%; Bajaj Housing Finance delivers 12.4%, so the price asks more than the business earns today.
Next results Next results expected around 1 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹121B | ₹111B | ₹95.5B | ₹76.0B | ₹56.4B |
| Revenue growth | — | +17% | +26% | +35% | — |
| Gross profit | ₹46.6B | ₹111B | ₹94.9B | ₹75.4B | ₹55.7B |
| EBITDA | ₹38.7B | ₹104B | ₹89.0B | ₹69.7B | ₹50.5B |
| Net income | ₹28.1B | ₹25.6B | ₹21.6B | ₹17.3B | ₹12.6B |
| Free cash flow | n/a | ₹30.9B | ₹26.1B | ₹16.7B | ₹12.9B |
| Capital expenditure | n/a | ₹479M | ₹410M | ₹430M | ₹338M |
| Total debt | ₹1.18T | ₹1.04T | ₹821B | ₹690B | ₹536B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Bajaj Housing Finance BAJAJHFL.NS | $7.05B | -9% | +17% | 12% | 2.77× | 41.1% |
| HDB Financial Services HDBFS.NS | $4.71B | -24% | +11% | 14% | 2.01× | 30.2% |
| LIC Housing Finance LICHSGFIN.NS | $3.12B | -9% | -1% | 14% | 0.67× | 11.6% |
| PNB Housing Finance PNBHOUSING.NS | $3.03B | +5% | +11% | 12% | 1.42× | 19.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BAJAJHFL.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.8% | +1.5% | 6th lowest of 21 |
| 6-month return | -9.1% | -9.1% | 11th highest of 21 |
| Return on equity | 12.4% | 13.1% | 10th lowest of 21 |
| Price / book | 2.77× | 1.82× | 6th most expensive of 21 |
| Trailing P/E | 23.7× | 15.5× | 4th most expensive of 21 |
| ROE the price implies | 41.1% | 16.8% | 2nd most demanding of 21 |
| ROE delivered | 12.4% | 13.1% | 10th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Bajaj Housing Finance BAJAJHFL.NS | India | $7.05B | -9% | +17% | 12% | 2.77× | 41.1% | 12.4% |
| BOC Aviation 2588.HK | Hong Kong | $7.09B | -3% | -2% | 12% | 1.01× | 6.2% | 11.8% |
| Piramal Finance PIRAMALFIN.NS | India | $7.17B | +13% | +71% | 7% | 1.58× | 13.0% | 6.5% |
| L&T Finance LTF.NS | India | $7.36B | -9% | +17% | 12% | 2.38× | 45.8% | 12.3% |
| Jiangsu Financial Leasing 600901.SS | China | $6.66B | +12% | +14% | 13% | 1.67× | 5.9% | 13.5% |
| Tokyo Century 8439.T | Japan | $7.50B | +12% | +8% | 12% | 1.01× | 7.7% | 11.6% |
| OneMain OMF | United States | $6.42B | 0% | +6% | 23% | 1.90× | 18.5% | 22.7% |
| FirstCash FCFS | United States | $7.96B | -18% | +23% | 18% | 3.50× | 19.9% | 18.2% |
| REC RECLTD.NS | India | $8.27B | -18% | -3% | 17% | 0.83× | 15.1% | 17.0% |
| SBI Cards & Payment Services SBICARD.NS | India | $5.89B | -10% | +6% | 16% | 3.24× | 40.7% | 16.3% |
| Ayvens AYV.PA | France | $8.45B | -16% | 0% | 9% | 0.68× | 8.0% | 9.2% |
| Chailease 5871.TW | Taiwan | $5.74B | -10% | -4% | 12% | 0.97× | 3.8% | 11.5% |
| Element Fleet Management EFN.TO | Canada | $5.61B | -31% | +5% | 11% | 2.06× | 9.2% | 10.6% |
| Credit Acceptance CACC | United States | $5.37B | -1% | +2% | 23% | 3.86× | 38.2% | 22.7% |
| Figure Technology Solutions FIGR | United States | $5.10B | -40% | +66% | 26% | 3.58× | 26.5% | 26.2% |
| Herc HRI | United States | $5.08B | +14% | +19% | 6% | 2.56× | 33.3% | 6.3% |
| Sundaram Finance SUNDARMFIN.NS | India | $4.95B | -11% | +14% | 14% | 2.89× | 35.3% | 14.4% |
| HDB Financial Services HDBFS.NS | India | $4.71B | -24% | +11% | 14% | 2.01× | 30.2% | 14.3% |
| Nelnet NNI | United States | $4.67B | +7% | -7% | 8% | 1.24× | 10.1% | 8.1% |
| Indian Railway Finance IRFC.NS | India | $11.1B | -25% | +13% | 13% | 1.74× | 28.2% | 12.6% |
| Bohai Leasing 000415.SZ | China | $4.44B | +2% | -7% | 18% | 0.90× | 6.3% | 17.8% |