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Bajaj Finance Boosts FY27 AUM Growth Guidance to 27 Percent Following Strong Q2 Results
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Moneycontrol•19-10-2026, 21:51
Bajaj Finance Boosts FY27 AUM Growth Guidance to 27 Percent Following Strong Q2 Results
- •Bajaj Finance raised its AUM growth guidance for FY27 to 26-27 percent from the previous 23-25 percent range.
- •The NBFC reported a 26.5 percent year-on-year increase in AUM to Rs 5.85 lakh crore in the September quarter.
- •Management acknowledged potential pressure on net interest margins due to rising borrowing costs and expected rate hikes.
- •The company plans to offset margin pressures through improved operating efficiency and lower credit costs.
- •Bajaj Finance maintains its long-term financial targets, aiming for annual profit growth of 20-25 percent and ROE of 19-21 percent.
Key Questions Answered
Following strong business momentum in the first half of the financial year, Bajaj Finance raised its FY27 assets under management (AUM) growth guidance to 26-27 percent from the previous 23-25 percent.
To offset rising borrowing costs and expected net interest margin compression, Bajaj Finance plans to improve operating efficiency, lower credit costs, and leverage its cost of funds, which declined sequentially to 7.87 percent in the September quarter.
Despite potential macroeconomic and regulatory headwinds, Bajaj Finance remains committed to its long-term targets, aiming for an annual profit growth of 20-25 percent and a return on equity (ROE) of 19-21 percent.
