Price & Technical Structure
- The stock experienced a short-term decline with a 1-day return of -1.78%.
- The trend alignment score is 3, indicating a bullish trend, with the price trading 3.18% above its 50-day moving average.
- Momentum is strong, with an RSI of 58.15 and a bullish MACD signal.
- Volatility remains moderate, with the price positioned at 77.64% of the Bollinger Band width.
- The stock is trading 12.68% below its 52-week high and has a current drawdown of -12.68%.
The stock exhibits a bullish technical setup, characterized by a positive trend alignment score and the price trading above key EMAs. Momentum indicators like RSI and MACD are also in bullish territory. While the stock is trading within its Bollinger Bands and below its 52-week high, the overall technical picture suggests underlying strength.
Weekly Momentum
- The stock price rose 1.96% this week, marking three consecutive weeks of gains and pushing the price above both the 50-day and 200-day moving averages.
- Bajaj Finance crossed a significant milestone with Assets Under Management (AUM) exceeding ₹5 lakh crore, while also reporting a 22.2% year-over-year increase in net profit for the quarter ending March 2026.
- Market sentiment was bolstered by the announcement of the Emergency Credit Line Guarantee Scheme, which contributed to broader gains among non-banking financial companies.
- Technical momentum remains positive as the MACD (a tool that identifies changes in the strength and direction of a trend) shows the MACD line above the signal line.
- The company received a 'CRISIL AAA/Stable' credit rating for its debt instruments, reflecting its strong capitalization and healthy earnings profile.
Bajaj Finance experienced a strong week characterized by a combination of positive technical price action and solid fundamental performance. The stock's ability to trade above its 50-day and 200-day moving averages, alongside a positive MACD reading, suggests a period of sustained trend strength. This technical setup was supported by the company's recent financial results, which highlighted significant growth in both AUM and net profit for the quarter ending March 2026. Furthermore, the company's creditworthiness was reaffirmed by top-tier ratings, providing a stable foundation for its ongoing operations. Broader sector tailwinds, such as the Emergency Credit Line Guarantee Scheme, also played a role in the positive market sentiment observed during the week.
Quarterly Analysis
Net Profit rose to ₹5,553.3 Crores (+36.6% QoQ, +22.2% YoY), indicating strong profit growth.
Revenue from operations increased to ₹21,605.79 Crores (+1.85% QoQ, +17.1% YoY), showing a combination of recent momentum and structural expansion.
Employee Benefit Expense increased to ₹2,471.38 Crores (+9.83% QoQ, +27.2% YoY), reflecting higher operational costs.
Finance Costs were ₹7,398.28 Crores (+0.81% QoQ, +12.9% YoY), indicating a slight sequential increase and a more substantial year-over-year rise.
Tax Expense rose to ₹1,856.54 Crores (+36.0% QoQ, +68.5% YoY), showing a significant increase in tax obligations.
The company demonstrated strong profit growth outpacing revenue growth, supported by significant balance sheet expansion. This indicates a quarter where profitability saw substantial gains, driven by both revenue increases and managed expenses, alongside a growing operational scale.
The company reported a strong quarter with significant profit growth. Net Profit increased by 36.6% QoQ to ₹5,553.3 Crores. This growth was also evident year-over-year, with Net Profit rising by 22.2% to ₹5,553.3 Crores.
Revenue from operations showed moderate sequential growth and strong year-over-year expansion. Revenue grew 1.85% QoQ to ₹21,605.79 Crores. On a year-over-year basis, Revenue increased by 17.1% to ₹21,605.79 Crores.
Expenses saw increases across employee benefits, finance costs, and taxes. Employee Benefit Expense increased by 9.83% QoQ and 27.2% YoY to ₹2,471.38 Crores. Finance Costs increased by 0.81% QoQ and 12.9% YoY to ₹7,398.28 Crores. Tax Expense increased substantially by 36.0% QoQ and 68.5% YoY to ₹1,856.54 Crores.
The balance sheet expanded significantly. Total Assets increased by 20.1% YoY to ₹559,952.36 Crores as of March 31, 2026. Liabilities also grew, increasing by 20.6% YoY to ₹442,966.82 Crores as of March 31, 2026. Borrowings increased by 29.2% YoY to ₹170,642.53 Crores as of March 31, 2026.