BAJAJHFL / Q3-FY26 / claim-ledger

Audit the questions that mattered.

Bajaj Housing Finance · Analyst questions, management answers, and the quality of the response where the ledger is available.

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WatchQ3-FY26 · 2026-01-31Back to quarter ↗

Questions audited

Answered directly

96%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Abhishek · HSBC

direct

Why did Tier 1 decline sharply this quarter?

in November, there had been a consolidation of applicable guidelines by Reserve Bank of India... on a conservative basis, we have provided capital for the entire chunk of undisbursed loans in both home loans as well as the construction finance loans.

Abhishek · HSBC

direct

What is the timeframe for cost-to-income ratio target?

The time frame we take a 3-4 year or to 14%-15%.

Abhishek · HSBC

direct

Can you share BT in and BT out for home loans?

BT in for the last quarter was 16.5% of our total home loan acquisition. BT out on the portfolio is 16.9%. No. BT out is sorry. BT out is around 20%.

Shubhranshu Mishra · PhillipCapital

direct

What is the prepayment rate split by category?

total cumulatively... 20%. 60%-70% of it as a BT and balance be the natural attrition... 14%-15%, you can take as a BT, and 4%-5% would be the natural attrition plus the part payment.

Shubhranshu Mishra · PhillipCapital

direct

What percentage of borrowings are floating?

Floating is 60% at AUM, around 52% on AR basis.

Shubhranshu Mishra · PhillipCapital

direct

What is the outlook for cost of funds in 2027?

25-30 bps kind of a downward revision we are looking at from a full-year level is the assessment as of today.

Abhijit Tibrewal · Motilal Oswal

direct

Has competitive intensity increased in prime and near-prime?

competitive intensity is a feature, not a novelty... It remains as pronounced as it was... competitive intensity from the banks on the pricing side remains on the prime and super prime side.

Abhijit Tibrewal · Motilal Oswal

direct

What PLR changes have been made and outlook?

we have done a total of 120... 60 bps of a pass-through has happened... we don't see as of now any further pass-through in next 60 days.

Chirayu Maloo · Kotak Institutional Equities

direct

How will NIMs trend given elevated long-term yields?

For the current year... we are looking at around 15 basis points, 220 basis points off drop there for the entire year.

Viral Shah · IIFL Capital Services

partial

What is the target size for near-prime and affordable segments?

next 12 months to 15 months, we will be looking to nearly double the kind of a disbursement run rate... 36 months from here, it will be in investment phase.

Raghav Garg · Ambit Capital

direct

What percentage of affordable target comes from INR 15-35 lakh ticket?

35%-40% comes at an aggregate level between INR 15 lakh-INR 35 lakh... INR 125, INR 130-odd crore comes in that segment.

Kunal Shah · Citigroup

direct

What is the NIM compression guidance for FY26?

I believe 8-10 basis points of compression would still happen on the NTI level for the full year. I'm talking of FY 2025 versus FY 2026.