Abhishek Raka · HSBC
directConfirms credit cost guidance of 145-160 bps for next year.
Yes. That is perfect, right? Yes.
BAJFINANCE / Q4-FY26 / claim-ledger
Audit the questions that mattered.
Bajaj Finance · Analyst questions, management answers, and the quality of the response where the ledger is available.
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Questions audited
10
Answered directly
90%
Numeric claims
0
Consistency
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Question ledger
What was answered, and how?
Abhishek Raka · HSBC
directAsks if guidance excludes adverse geopolitical impact.
No.
Shani · Namora
directAsks if NIM expansion is needed to achieve ROA guidance of 4.3-4.7%.
the answer to the second part is no. ... we orchestrate these four to deliver an outcome of 4.3 to 4.7% ROA and a 20 to 22% ROE
Man of Kon Shra · City Group
directAsks which segments will grow faster or lag in FY27.
the idea would be to maintain the portfolio mix ... MSME should start to come back into some growth momentum ... gold loan, tractor, CV may grow faster because of low base
Pan Junior · CLSA
directAsks what gives confidence to pick up MSME growth and customer mix in new products.
MSME is a very large sector ... we prune business ... we've further taken cuts ... guidance next year is based on stabilized environment ... for new businesses ... 50% of two-wheeler customers is an ETB customer
Kal Sha · Oakland Capital
partialAsks about capex on AI infra and when it will impact P&L.
do we publish capex or we don't ... please excuse us on that ... we are not pulling back any stops ... call center agent is one-third the cost ... 30% of them are now AI voice agents
Viral Sha · IFL Capital
directAsks if PCR cushion will unwind and if credit cost guidance change is due to presentation.
your assessment is correct versus 165 to 175 ... because of the change in the presentation ... as regard the ECL provisioning ... the number should remain in this corridor ... we will further up provisioning coverage ratio
Shabban Mishra · Philip Capital
partialAsks for opex split into acquisition and collection costs, collection headcount, and profit growth estimate.
sourcing cost ... gets accounted as EIR ... recovery commission ... shown as fees and commission expenditure ... I haven't done a maths internally which suggests a 35% number ... but we have tailwinds
Onar · Sri Investments
directAsks how 22-24% growth compares to long-term guidance of 17-20%.
long-term guidance ... is between 22 and 24 25% kind of corridor ... 20 to 24% should be achievable for next year ... we should be as a firm aspiring to grow 2x of what the system growth is
Batsha · BCS Capital Ideas
directAsks if AI and other factors will lead to a rising ROA/ROE crescendo.
your observation is correct ... we should see us from here on in a reasonable cruise mode ... we will be a bulletproof business while delivering 20-22% ROE and 20-24% balance sheet growth