Bajaj Finance Limited
BAJFINANCEStructural risk assessment following Q4-FY26 | 31 Mar 26 earnings.
Q3-FY26 | 31 Dec 25
7
Risk Score
Q4-FY26 | 31 Mar 26
12
Risk Score
🔴Risk increased by +5 points
Flagium detected:
- ⚠NIM Compression
ℹ️ Executive Summary
Bajaj Finance Limited delivered a solid performance this quarter, supported by steady expansion of its loan book and healthy net profit metrics. Although operational delivery remains resilient, the presence of 1 active risk flags suggests minor governance or underwriting friction points that require continuous monitoring.
🛡️ Sentinel Insight
"Bajaj Finance Limited currently sits within Flagium's Stable category. However, recent periods have remained stable with minor operational friction. Despite positive top and bottom-line growth, triggers like 'NIM Compression' indicate underlying structural risk. Current deterioration appears cyclical rather than existential."
The Quarter at a Glance
| Metric | Q4-FY26 | 31 Mar 26 | Q4-FY25 | 31 Mar 25 | Change |
|---|---|---|---|
| Advances Growth (YoY) | ₹498,943.5 Cr | ₹407,844.1 Cr | +22.3% |
| Deposit Mobilization (YoY) | ₹68,532.8 Cr | ₹71,403.1 Cr | -4.0% |
| Net Profit (PAT) | ₹5,553.3 Cr | ₹4,545.6 Cr | +22.2% |
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What Changed Beneath the Headlines?
Advances Portfolio Realignment
Total advances registered a +22.3% YoY change, leading to a structural expansion of the loan book.
Net Profit Expansion
Profit after tax changed by +22.2% YoY, settling at ₹5,553.3 Cr.
Capital Allocation & Cash Flow
Cash flow generation and liquidity indicators remained stable in line with core target ranges.
Flagium Risk Signals
BAJFINANCE: NIM decline is accelerating (41 bps drop vs prev -56 bps). [Growth Adjusted: 22%]
What the financials are implicitly signaling
Flagium's structural analysis indicates:
- •Credit growth speed is being intentionally calibrated to align with deposit mobilization limits.
- •Asset quality preservation in retail portfolios is requiring elevated provisioning focus.
Signals to Monitor Next Quarter
NIM (Net Interest Margin) progression under funding repricing pressures.
Credit growth velocity relative to deposit mobilization speed.
Asset quality monitoring, particularly in unsecured and retail portfolios.
Historical Quality Trend
Last 6 Quarters| Quarter | Risk Score | Trend | Current Risk Class |
|---|---|---|---|
| Q4 FY26 | 12 | ↑ | 🟢 Stable |
| Q3 FY26 | 7 | ↓ | 🟢 Stable |
| Q2 FY26 | 12 | ↑ | 🟢 Stable |
| Q1 FY26 | 7 | ↓ | 🟢 Stable |
| Q4 FY25 | 12 | ↑ | 🟢 Stable |
| Q3 FY25 | 7 | → | 🟢 Stable |
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What to do next
Explore BAJFINANCE's full structural risk profile — 12Q score trajectory, pillar breakdown, flag history, and peer benchmarking.
View BAJFINANCE profile →See how Non Banking Financial Company (NBFC) peers and the broader market are positioned. Identify sector-wide stress or rotation signals.
Open market monitor →Check how this Q4-FY26 | 31 Mar 26 result affects your portfolio's overall risk exposure and concentration.
Review your portfolio →Disclaimer
Flagium AI is an automated financial data analytics platform. Analysis reports are compiled programmatically from public regulatory XBRL submissions (NSE/BSE). This evaluation does not constitute investment advice, financial planning, or recommendations to buy, sell, or hold any security. Please consult a SEBI-registered investment advisor before acting on any data presented.