Bajaj Housing Finance Q3 Results: Stock down 53% from highs; Core income, asset quality picture key

Shares of Bajaj Housing Finance Ltd. are trading with losses on Monday, February 2, ahead of its third quarter earnings. The stock is now down over 53% from its ₹188.5 apiece.

Last month, the company reported its business update for the third quarter. Its gross disbursements increased to ₹16,535 crore from ₹12,571 crore in the previous year.

The company's assets under management increased by 23% to around ₹1.33 lakh crore as on December 31, 2025 from ₹1.08 lakh crore in the year-ago period. AUM growth during the quarter was at ₹6,652 crore.

The company's loan assets stood at around ₹1.17 lakh crore, up from ₹96,570 crore in the previous year.

Commentary around the company's core income, and its asset quality across various business segments will be key to watch, along with the outlook for the road ahead from the management.

Shares of Bajaj Housing Finance listed on the exchanges with a premium of over 100% from its initial public offering (IPO) price in late-2024, making it one of the most successful IPOs of 2024. The stock went on to make a post-listing high of ₹188.5 before declining from those levels.

Shares of Bajaja Housing Finance were trading 1.6% lower at ₹88.3 apiece ahead of the earnings announcement. The stock has declined 22.2% in the last six months.

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