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Bajaj Finance has proactively set apart provisions using ECL method against potential stress, but investors should remain wary
Bajaj Finserv Q3 FY26 Results: Net profit flat on-year due to higher credit provisions and one-time labour code costs.
Healthy margin, low credit cost will support earnings growth and support valuations
Bajaj Housing Finance reported a 21 percent year-on-year rise in Q3 FY26 net profit to Rs 665 crore, led by a 19 percent increase in net interest income to Rs 963 crore. Asset quality remained stable, with gross NPAs at 0.27 percent and net NPAs at 0.11 percent.
Sustained ROA expansion hinges on diversification-driven growth, stable asset quality
Growth recovery, stable asset quality, and improved product mix can trigger valuation re-rating
India’s small firms have greater access to formal credit but that should come with a warning against too much leverage.
Total gross advances by NBFCs rose to Rs 48.39 lakh crore at end-March 2025 from Rs 40.53 lakh crore a year ago.
We are working with development financial institutions for that. Post the merger with Caspian, we are in a unique space where everybody wants to fund. They have done in the past with financial inclusion for instance. Our next biggest segment will be focusing on climate finance, said Bansal.
Shriram Finance share price target: Brokerages now see up to 33 percent further upside in the stock, following MUFG Bank’s landmark Rs 39,600-crore investment for a 20 percent stake in the NBFC.
Avanse is the second-largest NBFC in the education loan segment with expertise in the overseas education loan segment.
A prolonged clean-up of corporate balance sheets, competition from the government-backed so-called bad bank, and the sharp rise in stress within unsecured retail and small-business lending have together pushed ARCs into the non-corporate bad debt segment.
Bajaj Finance has pared back its MSME portfolio after gross bad loans in the segment rose to 2.47% in Q2, compared with 1.83% in the previous quarter and 1.65% a year earlier
Bajaj Finance Q2 results analyst views: Brokerages were positive on Bajaj Finance after its Q2 FY26 results despite the management’s lower AUM growth guidance, with a few cautious voices. Bajaj Finance stock fell 6.5%, while group firm Bajaj Finserv shares also fell 6.5% ahead of its Q2 results.
GST cuts pushed Indians to indulge in festival purchases, powering up Bajaj Finance’s loans
Shriram Finance stock jumps over 5 percent in the morning trading after reporting robust Q2 FY26 financial results. Brokerages are bullish on the stock.
The newly-listed company said that asset quality in unsecured retail loan book has started showing improving trends
The NBFC, which focuses on credit-starved MSMEs, also secured an additional Rs 110 crore in debt from IDFC and Axis Bank
On paper, non-bank sources have offset the fall in bank funding to commercial sector. But trace the source of funds and we go back in many cases to banks, who continue to play an outsized role. India still lacks enough diversity in sources of funding
Brokerage firms expect asset quality of most NBFCs to remain broadly stable amid better customer selection, stricter credit underwriting, and improved collection efforts.
Tata Capital enters the market while navigating a phase of margin compression. While analysts expect profitability to recover, for investors, the IPO is essentially a play on the Tata group’s long-term resilience rather than short-term margin expansion.
Non-bank lenders do not have access to cheap source of funds
'The clear mandate to me is to continue to run the company as you are. They are a shareholder backing us with capital, knowledge, and experience but they will operate at the board level,' Banga tells Moneycontrol
RBI monetary policy norms for easier infrastructure financing push NBFC stocks up.
As at June 30, 2025, Tata Capital has raised around Rs 7,000 crore across its domestic funds and offshore funds, with 53 deals in over 15 years, as per the NBFCs IPO documents.
