BAJAJHFL Q4 FY26 Guidance vs Delivery (BAJAJHFL Management Mirror)

Advances Growth & Market Share

Management expects to grow advances at approximately 2x the industry average, projecting growth to remain in line with or slightly accelerate compared to the previous year, driven by organic prime housing acquisitions in the Mar'26 Qtr. This follows the Sep'25 Qtr concall where current-year AUM growth guidance was cut due to elevated attrition pressures, before being maintained at 21% to 23% in the Dec'25 Qtr, alongside an anticipated reversion to a 24% to 26% medium-term growth rate over 3 to 4 years once interest rates stabilize. [Status: Reaffirmed]