iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more
Bajaj Finance reported consolidated assets under management (AUM) of ₹509,975 crore at the end of FY2026, up 22% year over year. That signals a larger lending business; it does not tell an individual borrower whether they will qualify or what rate they will be offered. For investors, AUM growth is useful only alongside earnings, credit costs, asset quality, portfolio mix and capital.
How quickly is Bajaj Finance’s loan book growing?
AUM, or assets under management, is the company-reported measure of its lending book under management. Bajaj Finance’s FY2026 annual-report summary put consolidated AUM at ₹509,975 crore, up 22% year over year. The same summary reported net total income of ₹53,324 crore, up 21%, and profit after tax of ₹20,689 crore, up 24%. The company’s PAT figure excludes an additional ₹1,406 crore ECL provision for balance-sheet resilience, ₹142 crore of management and macro-economic overlays, and a ₹265 crore one-time New Labour Codes charge, all recognized in FY2026. These are company-reported figures, not forecasts. Bajaj Finance FY2026 annual report
For Q1 FY2027, Business Standard reported AUM growth of 23.9% year over year and net profit attributable to owners up 27.4% to ₹5,985.75 crore. It also reported annualized loan losses and provisions at 1.54% of average assets under finance, compared with 1.87% in Q1 FY2026. These are publication-reported quarterly figures, rather than a substitute for the company’s annual-report measures. Business Standard’s Q1 FY2027 results report, 30 July 2026
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
What does AUM growth mean for borrowers?
A larger lending book may reflect a broader lending business and wider customer reach, but it does not establish any one borrower’s eligibility, interest rate, credit limit or service experience. Bajaj Finance’s Fair Practice Code lists facilities including consumer durable, personal, two-wheeler, loan-against-property and loan-against-shares products. The terms depend on the specific product and offer.
#1 Best Overall
- Enough forms for 1 year for churches of approximately 150 members
- 5 3/16" x 9"
- Includes forms for church receipts, member contributions, and disbursements
Use the written offer and product documents to compare the same type of loan across lenders. Check the applicable interest rate, fees, repayment schedule, penal charges and other conditions before accepting. Bajaj Finance’s code says application forms will include information affecting borrowers’ interests so they can make a meaningful comparison of terms and conditions. Bajaj Finance Fair Practice Code, Version 7.0
What should investors check beyond AUM growth?
AUM growth measures scale and lending expansion, not sustainable returns or the value of the shares. Read it with income and earnings growth, loan-loss provisions, gross and net non-performing assets (GNPA and NNPA), portfolio mix, capital adequacy, funding conditions and the share’s valuation. The figures below describe different measures and periods; none alone establishes future performance.
| Measure | Reported figure | What it helps show |
|---|---|---|
| Consolidated AUM | ₹509,975 crore at FY2026 year end; up 22% year over year (Bajaj Finance) | Scale and lending-book growth |
| Net total income | ₹53,324 crore in FY2026; up 21% (Bajaj Finance) | Income growth alongside AUM expansion |
| Profit after tax | ₹20,689 crore in FY2026; up 24%, excluding the additional ECL provision, overlays and one-time labour-codes charge listed above (Bajaj Finance) | Earnings growth, with the company’s stated qualification |
| GNPA and NNPA | 1.01% and 0.41%, respectively, in FY2026 (Bajaj Finance) | Headline gross and net non-performing asset ratios |
| Loan losses and provisions | 1.54% of average assets under finance, annualized, in Q1 FY2027; 1.87% in Q1 FY2026 (Business Standard) | Quarterly credit-cost context |
For FY2026, Bajaj Finance also reported return on equity of 19.2%, compared with 19.1%, and a customer franchise of 119.33 million. These company-reported measures add context to growth but should be read with their period and consolidated scope. Bajaj Finance FY2026 annual report
Recommended Free Tools
Look inside the portfolio
Headline NPA ratios do not mean all lending segments carry identical risk. ICRA’s rating rationale dated 18 June 2026 said unsecured consumer finance, personal finance and SME finance represented about 44% of the consolidated portfolio as of 31 March 2026. ICRA characterized asset quality as monitorable and noted FY2026 delinquency increases in unsecured business lending and captive two-wheeler and three-wheeler lending. This is a reason to assess segment exposure and delinquencies alongside company-wide GNPA and NNPA, not to assume every segment has the same risk. ICRA rating rationale, 18 June 2026
Account for regulation without treating it as a guarantee
Bajaj Finance’s FY2025 annual report says RBI scale-based regulation classified the company and a subsidiary as upper-layer NBFCs from 30 September 2022, bringing them under an enhanced regulatory framework. That is regulatory context, not a guarantee of investment performance or an absence of credit risk. Bajaj Finance FY2025 annual report
Quick Recap
What AUM growth cannot tell you
- For borrowers, company-wide growth does not establish approval, a particular limit, a lower rate or better service.
- For investors, growth alone does not establish profitability quality, future credit losses, the adequacy of capital or whether the shares are attractively valued.
- For comparisons, the figures here do not provide an apples-to-apples peer-company table. Compare lenders using matching products and periods, and assess Bajaj Finance’s growth alongside its own earnings, credit costs, portfolio exposure and capital.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
