Bajaj Finance stock faces October 1 funding decision after Q1 growth
Published on 09/30/2026 at 06:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bajaj Finance stock heads into an October 1, 2026, board meeting after the lender reported Q1 FY27 net profit of INR 60.81 billion, up 27.60 percent year over year. Sahi Markets reported on September 23, 2026, that directors will consider a qualified institutional placement or preferential issue.
Fundraising follows Q1 expansion
The proposed capital raise follows a quarter in which consolidated assets under management increased 24.00 percent year over year to INR 5,469.44 billion. Net interest income reached INR 152.23 billion, while profit after tax rose from INR 47.00 billion in Q1 FY26 to INR 60.81 billion in Q1 FY27, according to DSIJ on July 31, 2026.
The balance-sheet strategy is the key market question. The board meeting could determine whether Bajaj Finance adds equity capital to support loan growth, while any issuance would also bring dilution into the valuation discussion.
Broker target moves to INR 1,290.00
ICICI Securities maintained a Buy rating and raised its target from INR 1,150.00 to INR 1,290.00 in its July 31, 2026 result update, DSIJ reported. The broker linked its view to improving asset quality, customer monetization and growth across secured lending and consumer finance.
Credit metrics also improved in Q1 FY27. Gross non-performing assets stood at 0.96 percent and net non-performing assets at 0.39 percent, while loan loss to average AUM declined to 1.54 percent from 1.87 percent a year earlier, according to the same July 31, 2026 research summary.
Market value remains substantial
Bajaj Finance had a market capitalization of INR 6.0 trillion as of September 30, 2026. Its 52-week trading range was INR 787.90 to INR 1,176.40, putting the latest NSE quote context between the annual low and high while the October 1 decision approaches.
Bajaj Finance stock facts
- Company: Bajaj Finance Limited
- Ticker: BAJFINANCE
- Primary exchange: NSE
- Market capitalization: INR 6.0 trillion (as of September 30, 2026)
- 52-week range: INR 787.90-INR 1,176.40 (as of September 30, 2026)
- Sector / Industry: Financial Services / Consumer Finance
