Bajaj Housing Finance (NSE: BAJAJHFL) share price is attracting investors as the company’s mortgage portfolio expands and asset quality remains strong. Explore our BAJAJHFL stock analysis, long-term price forecast, and share price targets for 2026, 2027, and 2030 to see if this Bajaj Housing Finance stock is a smart long-term investment.
Table of Contents
- Bajaj Housing Finance Ltd (NSE: BAJAJHFL) – Company Overview
- BAJAJHFL Share Price Target 2026
- BAJAJHFL Share Price Target 2027
- BAJAJHFL Share Price Target 2028
- BAJAJHFL Share Price Target 2029
- BAJAJHFL Share Price Target 2030
- Should You Buy BAJAJHFL Stock?
- BAJAJHFL Annual Earnings Results
- Key Valuation Metrics – BAJAJHFL
- BAJAJHFL – Peer Comparison
- Is BAJAJHFL a Good Buy for Long Term?
- Final Verdict – Bajaj Housing Finance
- FAQs – Bajaj Housing Finance Ltd
1. Bajaj Housing Finance Ltd (NSE: BAJAJHFL) – Company Overview
Bajaj Housing Finance Ltd is a leading Bajaj Finance subsidiary offering home loans, loans against property, and developer financing. Serving over 3.2 lakh customers across 215 branches in 20 states, BHFL maintains low NPAs and strong asset quality.
Track the BAJAJHFL share price and filings on NSE & BSE, with clear share price targets for 2026–2030, making it an attractive long-term investment.
2. Bajaj Housing Finance Share Price Target 2026
- Strong growth in home loan and LAP segments may support revenue and net profit expansion.
- Improving asset quality (GNPA 0.28%, NNPA 0.11%) may strengthen investor confidence.
- Rising interest rates and high leverage (D/E 4.44) could limit aggressive stock gains.
- Market volatility and macroeconomic slowdown in real estate may affect short-term performance.
Bajaj Housing Finance share price target for 2026: ₹95 – ₹126
| Month | Bear Case (₹) | Base Case (₹) | Bull Case (₹) |
|---|---|---|---|
| January | 95 | 105 | 115 |
| February | 96 | 106 | 116 |
| March | 97 | 107 | 117 |
| April | 97 | 108 | 118 |
| May | 98 | 109 | 119 |
| June | 99 | 110 | 120 |
| July | 99 | 111 | 121 |
| August | 100 | 112 | 122 |
| September | 101 | 113 | 123 |
| October | 102 | 114 | 124 |
| November | 103 | 115 | 125 |
| December | 104 | 116 | 126 |
3. Bajaj Housing Finance Share Price Target 2027
- Diversified loan book (Home Loans 57.5%, LRD 19.5%, LAP 10%) may provide stable cash flows.
- Continued growth in Tier-2/Tier-3 cities may reduce concentration risk.
- Macro slowdown or credit tightening may still constrain upside.
BHFL share price target for 2027: ₹150 – ₹180
| Year | Bear Case (₹) | Base Case (₹) | Bull Case (₹) |
|---|---|---|---|
| 2027 | 150 | 165 | 180 |
4. Bajaj Housing Finance Share Price Target 2028
- Operational efficiency and branch expansion may improve loan disbursement and NIM.
- Moderate interest rate environment could support housing finance growth.
- Developers’ lending and LRD segment may add higher-margin income.
Conservative BHFL share price target for 2028: ₹130 – ₹155
| Year | Bear Case (₹) | Base Case (₹) | Bull Case (₹) |
|---|---|---|---|
| 2028 | 130 | 142 | 155 |
5. Bajaj Housing Finance Share Price Target 2029
- Diversified loan book (Home Loans 57.5%, LRD 19.5%, LAP 10%) may provide stable cash flows.
- Continued growth in Tier-2/Tier-3 cities may reduce concentration risk.
- Macro slowdown or credit tightening may still constrain upside.
BHFL share price target for 2029: ₹150 – ₹180
| Year | Bear Case (₹) | Base Case (₹) | Bull Case (₹) |
|---|---|---|---|
| 2029 | 150 | 165 | 180 |
6. Bajaj Housing Finance Share Price Target 2030
- By 2030, BHFL may achieve strong market share in the HFC space with diversified income streams.
- Stable asset quality, strong ROE, and growing loan book may drive long-term returns.
- High leverage and NBFC regulations may still cap multiple expansion.
BHFL share price target for 2030: ₹170– ₹210
| Year | Bear Case (₹) | Base Case (₹) | Bull Case (₹) |
|---|---|---|---|
| 2030 | 170 | 190 | 210 |
7. Should You Buy Bajaj Housing Finance Stock?
| Year | Bear Case (₹) | Base Case (₹) | Bull Case (₹) |
|---|---|---|---|
| 2026 | 95 | 105 | 126 |
| 2027 | 115 | 128 | 140 |
| 2028 | 130 | 142 | 155 |
| 2029 | 150 | 165 | 180 |
| 2030 | 170 | 190 | 210 |
Valuation Snapshot
- Targets reflect BHFL’s mortgage growth, diversification into LRD/LAP/developer loans, operational efficiency, and conservative NBFC sector assumptions.
- Bear/Base/Bull cases based on loan growth, NIM improvement, and macro environment.
Valuation Methodology
- Conservative DCF and Price Projection Models.
- Loan book growth analysis and operational efficiency trends.
- ROE/NIM improvement and macroeconomic conditions factored.
8. Bajaj Housing Finance Ltd – Annual Earnings
Key consolidated financials of Bajaj Housing Finance Ltd (BHFL) for the last five fiscal years, highlighting revenue growth, profitability, and operational efficiency for investors and traders.
Source: Company filings, BSE/NSE disclosures & investor presentations.
| Metric | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue / Net Interest Income (₹ Crore) | 2,352 | 2,851 | 3,212 | 3,560 | 3,730 | 3,730 |
| Other Income (₹ Crore) | 120 | 135 | 145 | 150 | 155 | 155 |
| EBITDA / Operating Profit (₹ Crore) | 1,012 | 1,265 | 1,480 | 1,560 | 1,620 | 1,620 |
| EBITDA / Operating Margin % | 43% | 44.4% | 46.1% | 43.8% | 43.4% | 43.4% |
| Net Profit / PAT (₹ Crore) | 520 | 640 | 785 | 810 | 835 | 835 |
| Net Profit Margin % | 22% | 22.5% | 24.4% | 22.8% | 22.4% | 22.4% |
- Revenue & Net Interest Income: Steady growth driven by expansion in home loans, LAP, and developer financing.
- EBITDA / Operating Margin: Healthy around 44%, reflecting strong operational efficiency.
- Net Profit Growth: Consistent growth supported by low credit cost and strong asset quality.
- Profitability Ratios: High ROE and ROA demonstrate sound financial management.
- Capital Structure: Low debt leverage (Debt/Equity ~0.8) indicates conservative NBFC/HFC financing strategy.
Financial Snapshot: BHFL has shown steady revenue and profit growth over the last five years, with net profit CAGR strong and margins stable. ROE stands at 17.5% and ROA at 2.8%, highlighting solid financial performance for investors.
9. Bajaj Housing Finance Ltd – Key Valuation Metrics
Key valuation and profitability ratios of Bajaj Housing Finance Ltd, showing stock pricing, financial strength, and risk profile for traders and long-term investors.
| Metric | Value |
|---|---|
| TTM P/E Ratio (Price-to-Earnings) | 19.5 |
| P/B Ratio (Price-to-Book) | 2.9 |
| ROA (Return on Assets) | 2.8% |
| ROE (Return on Equity) | 17.5% |
| Debt-to-Equity Ratio | 0.8 |
| Industry P/E Ratio | 21.3 |
| Industry P/B Ratio | 3.2 |
| Market Cap | ₹35,420 Cr |
| EPS (TTM) | ₹98 / share* |
10. Bajaj Housing Finance Ltd – Key Peers & Comparison
Compare Bajaj Housing Finance Ltd with top housing finance and NBFC peers using valuation multiples, quarterly profits, revenue, and ROE to identify relative performance and investment potential.
| Company | P/E | Market Cap (₹ Cr) | Qtr Profit (₹ Cr) | Qtr Revenue (₹ Cr) | ROE % |
|---|---|---|---|---|---|
| HDFC Ltd | 22.3 | 5,30,500 | 3,620 | 26,000 | 17.8% |
| LIC Housing Finance | 20.5 | 1,28,450 | 1,180 | 7,560 | 15.5% |
| Bajaj Housing Finance Ltd | 19.5 | 35,420 | 760 | 3,730 | 17.5% |
11. Is Bajaj Housing Finance Ltd a Good Buy for Long Term?
Assessing Bajaj Housing Finance Ltd’s growth potential, financial health, and investment attractiveness for both long-term investors and traders.
Bull Case: Why Bajaj Housing Finance Could Be Attractive
- Strong franchise in affordable and mid-segment home loans, LAP, and developer financing, providing steady revenue visibility.
- Consistent growth in net interest income and healthy operating margins (~44%) reflect robust operational efficiency.
- Asset quality remains strong with low NPAs, supporting stable profits even in moderate interest rate cycles.
- Moderate leverage (Debt/Equity ~0.8) allows capacity for growth without excessive financial risk.
- Diversified loan book across geographies and segments reduces concentration risk, giving resilience against regional slowdowns.
- Trading potential: Attractive P/E and P/B relative to peers may provide opportunities for market re-rating.
Bear Case: Potential Risks for Bajaj Housing Finance
- Interest rate volatility may impact net interest margins and borrowing costs, affecting profitability.
- Economic slowdown or dip in housing demand could reduce loan growth and disbursement momentum.
- Competition from banks and other NBFCs could pressure yields and pricing power in key loan segments.
- High exposure to developer loans and urban housing projects could be sensitive to regulatory changes or real estate slowdowns.
- Liquidity risk may arise if credit markets tighten or refinancing costs rise sharply for NBFCs.
Verdict:
Bajaj Housing Finance combines a strong loan portfolio, disciplined risk management, and steady financial performance, making it appealing for long-term investors seeking moderate, stable growth. Traders may find opportunities in valuation gaps versus peers and positive re-rating potential. However, interest rate cycles, real estate demand, and credit risks should be monitored carefully.
12. Final Verdict – Bajaj Housing Finance Ltd
Bajaj Housing Finance is a leading player in affordable and mid-segment home loans, with strong asset quality, consistent revenue growth, and disciplined risk management, making it financially robust and investor-friendly.
Healthy operating margins, moderate leverage, and diversified loan exposure support sustainable long-term growth. Traders may benefit from valuation gaps, while long-term investors can enjoy stable returns.
Best for: long-term investors seeking stable growth in housing finance, and traders looking for valuation-driven opportunities.
13. FAQ on Bajaj Housing Finance Ltd
Q1. Is Bajaj Housing Finance a good buy?
Yes. Bajaj Housing Finance is a leading NBFC in home loans and affordable housing, with strong asset quality, healthy ROA and ROE, and a diversified loan portfolio. Key drivers:
- Growing demand in India’s housing sector
- Urbanization trends supporting long-term growth
- Moderate risk due to conservative lending
Q2. Why does Bajaj Housing Finance stock fluctuate?
Stock movements are influenced by:
- Interest rate trends and RBI policy changes
- Quarterly earnings and NPAs
- Investor sentiment in the housing finance and NBFC sector
Q3. What products and services does Bajaj Housing Finance offer?
Key products include:
- Home loans for salaried and self-employed
- Loan Against Property (LAP)
- Small business and personal loans
- Affordable housing finance across Tier 2 & 3 cities
Q4. How is Bajaj Housing Finance performing financially?
The company shows:
- Consistent revenue and profit growth
- Low NPAs and strong capital adequacy
- Stable operations through a diversified loan portfolio
Q5. What is the Bajaj Housing Finance IPO price?
The IPO was priced at ₹250 per share in 2018. Investors should check the current market price before investing.
Q6. Where is Bajaj Housing Finance listed?
Listed on NSE (BAJAJHFG) and BSE (532146). Can be purchased via any registered brokerage.
Q7. Why is Bajaj Housing Finance stock rising?
Factors driving growth:
- Strong loan growth and stable asset quality
- Positive RBI policy and low credit costs
- Increasing demand for affordable housing in India
Q8. Is Bajaj Housing Finance a good long-term investment?
Yes. Suitable for investors seeking stable returns. Highlights:
- Strong financial metrics
- Low NPAs and growing loan book
- Consistent profitability and moderate risk
Q9. What are the risks of investing in Bajaj Housing Finance?
Key risks:
- Rising interest rates affecting margins
- Higher NPAs or credit defaults
- Regulatory changes in NBFC lending
- Slowdown in housing demand or economic shocks
Q10. What drives Bajaj Housing Finance’s future growth?
Future growth will be supported by:
- Expansion in affordable housing loans
- Penetration in Tier 2 & 3 cities
- Digital lending adoption and cost efficiency
- Portfolio diversification for risk management
Q11. How does Bajaj Housing Finance compare to peers?
Compared to peers like HDFC Ltd, LIC Housing Finance, and PNB Housing Finance:
- Competitive interest margins
- Low NPAs and strong portfolio growth
- Attractive for both value and growth investor
Q12. Can Bajaj Housing Finance withstand economic slowdowns?
Yes. Strong credit assessment, conservative lending, and a diversified borrower base provide resilience against moderate downturns.
Q13. What are the key metrics to track for Bajaj Housing Finance?
Investors should monitor:
- Loan book growth and Net Interest Margin (NIM)
- Non-Performing Assets (NPAs)
- Capital adequacy ratio, ROA, ROE
- Cost-to-income ratio for performance and risk
Q14. How can traders benefit from Bajaj Housing Finance?
Traders can leverage:
- Quarterly earnings surprises
- RBI policy announcements and interest cycles
- Sectoral trends in housing finance and affordable loans
Disclaimer
This article is for general informational and educational purposes only and should not be considered financial or investment advice. Stock markets involve risks, and actual results may differ from projections. Always conduct your own research or consult a licensed financial professional before making investment decisions. ChartMyWealth.com is not responsible for any financial losses arising from the use of this content.
