Bajaj Finserv insurance premiums surge 22% in June 2026

1 min read     Updated on 11 Jul 2026, 01:25 AM
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Bajaj Finserv reported a 22% increase in gross direct premium underwritten to ₹1,760 crore for June 2026, driven by a 77% surge in new business premiums to ₹1,503.87 crore. Cumulative premiums for the period up to June 2026 rose to ₹5,769 crore, with new business premiums reaching ₹3,676.79 crore. The performance was bolstered by significant gains in individual and group single premiums.

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Bajaj Finserv reported a significant rise in insurance premiums for June 2026, with gross direct premium underwritten increasing 22% to ₹1,760 crore from ₹1,445 crore in the same month last year. The growth was driven by a robust performance in new business premiums, which surged 77% to ₹1,503.87 crore for the month ended June 30, 2026, compared to ₹851.44 crore in the corresponding period of the previous year. This update covers the performance of its insurance subsidiaries and is subject to a limited review by statutory auditors.

The company’s new business performance was bolstered by substantial gains across individual and group segments. Individual single premium rose to ₹133.46 crore in June 2026 from ₹50.16 crore a year ago, while individual non-single premium grew to ₹606.26 crore from ₹503.93 crore. Group single premium witnessed a sharp increase to ₹735.57 crore from ₹283.64 crore in the prior year. Group yearly renewable premium, however, declined to ₹28.58 crore from ₹13.71 crore.

On a cumulative basis for the period up to June 2026, gross direct premium underwritten stood at ₹5,769 crore, up from ₹5,171 crore in the same period of the previous year. Total new business premiums for this period reached ₹3,676.79 crore, a notable increase from ₹2,316.05 crore reported in the corresponding period of 2025. The individual non-single premium category contributed ₹1,443.54 crore to this total, while group single premium added ₹1,744.76 crore.

The following table details the new business information for the month and period ended June 30, 2026:

New business information For the month ended 30 June 2026 For the month ended 30 June 2025 Up to the period ended 30 June 2026 Up to the period ended 30 June 2025
Individual single premium 133.46 50.16 297.51 157.08
Individual non-single premium 606.26 503.93 1,443.54 1,238.88
Group single premium 735.57 283.64 1,744.76 705.56
Group non-single premium - - - -
Group yearly renewable premium 28.58 13.71 190.98 214.53
Total 1,503.87 851.44 3,676.79 2,316.05

The figures are provisional and subject to a limited review or audit by the statutory auditors. Bajaj Finserv filed this business update with the stock exchanges on July 9, 2026.

Historical Stock Returns for Bajaj Finserv

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%-0.08%+10.66%-7.06%-7.34%+44.79%

What factors are driving the surge in group single premiums, and is this trend sustainable?

How might the decline in group yearly renewable premiums impact future revenue stability?

What strategic initiatives is Bajaj Finserv pursuing to maintain this growth momentum?

Bajaj Finserv reports scope 1 and 2 emissions of 61,041.66 MT CO2e in FY26

2 min read     Updated on 08 Jul 2026, 07:01 PM
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Bajaj Finserv Ltd released its Business Responsibility and Sustainability Report for FY2026, disclosing scope 1 and 2 emissions of 61,041.66 MT CO2e and total waste generation of 265.94 MT. The Group reported a consolidated turnover of ₹150,530 crore and a workforce of 236,390 employees, with a target to achieve carbon neutrality by FY2032.

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Bajaj Finserv Ltd disclosed its environmental and social performance metrics for the financial year 2025-26 in its Business Responsibility and Sustainability Report. The Group reported total scope 1 and 2 emissions of 61,041.66 MT CO2e, with scope 1 emissions at 9,398.24 MT CO2e and scope 2 emissions at 51,643.43 MT CO2e. The company has set a target to become carbon neutral in scope 1 and scope 2 emissions by FY2032.

The Group’s total energy consumption stood at 3,58,266 Giga Joules (GJ), with renewable energy sources accounting for 0.38% of the total consumption. Water consumption for the period was recorded at 1,231,644 kilolitres. In terms of waste management, the company generated a total of 265.94 metric tonnes of waste, of which 92.52 metric tonnes were recovered through recycling, reusing, or other recovery operations, while 173.42 metric tonnes were disposed of via incineration, landfilling, or safe disposal methods.

Financial and Operational Overview

Bajaj Finserv reported a consolidated turnover of ₹150,530 crore and a net worth of ₹79,396 crore for FY2026. On a standalone basis, the turnover was ₹2,077 crore with a net worth of ₹10,193 crore. The Group’s operations are primarily concentrated in India, with exports contributing less than 1% of total revenue. The company operates through 4,991 offices nationally and 3 internationally, serving 28 states and 8 union territories.

The Group’s workforce comprised 236,390 employees as of 31 March 2026, including 113,732 permanent employees and 122,658 other than permanent employees. The company reported 94 differently abled employees. Women accounted for 18% of the total workforce, representing 41,807 employees.

Subsidiaries and Business Segments

The company’s primary business activities include financial and insurance services, which account for 54% of the turnover, followed by non-life insurance at 23% and life insurance at 23%. Key material subsidiaries include Bajaj Finance Ltd., Bajaj Life Insurance Ltd., and Bajaj General Insurance Ltd. The Group also has subsidiaries in asset management, health technology, and alternative investment management.

Bajaj Finance Ltd. acquired 17.51 million new customers in FY2026, bringing its total customer franchise to 119.33 million. Bajaj General Insurance issued 37,270,222 policies during the year, while Bajaj Life Insurance covered 15,956,122 lives.

Sustainability Initiatives and Governance

The Group has implemented several environmental initiatives, including the installation of rooftop solar plants with a capacity of 757 KW, which generated 0.32 million units of electricity in FY2026. Additionally, the company planted more than 2 lakh tree saplings during the year. The BFS head office achieved the IGBC Net-Zero Waste to Landfill Certification, and 44 offices obtained ISO 14001:2015 and ISO 45001:2018 certifications.

Metric FY2026 Value
Total Scope 1 & 2 Emissions (MT CO2e) 61,041.66
Total Energy Consumed (GJ) 3,58,266
Renewable Energy Share 0.38%
Total Water Consumption (KL) 1,231,644
Total Waste Generated (MT) 265.94
Waste Recovered (MT) 92.52
Waste Disposed (MT) 173.42
Consolidated Turnover (₹ Crore) 150,530
Total Employees 236,390

The report was assured by SGS India Pvt. Ltd., which provided reasonable assurance for BRSR core indicators and limited assurance for non-core indicators. The Group maintained zero tolerance for corruption and reported no instances of fines, penalties, or settlements with regulators during the year.

Historical Stock Returns for Bajaj Finserv

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%-0.08%+10.66%-7.06%-7.34%+44.79%

What specific capital expenditures or operational changes will Bajaj Finserv implement to significantly increase its renewable energy share from 0.38% to meet the 2032 carbon neutrality target?

How will the company balance the rapid expansion of its customer base with the need to reduce the environmental intensity of its growing network of 4,991 offices?

Are there plans to introduce green financing products or ESG-linked investment options to leverage the sustainability goals of its 119 million customers?

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