Bajaj Finserv Limited , a leading financial services conglomerate, has reported strong financial results for the first quarter of fiscal year 2026, with significant growth across its various business segments.

Key Financial Highlights

• Consolidated total income grew by 13% to ₹35,451.00 crore
• Consolidated profit after tax (PAT) surged by 30% to ₹2,789.00 crore, marking an all-time high quarterly PAT
• Bajaj Allianz General Insurance Company (BAGIC) reported 9% growth in Gross Written Premium (GWP) to ₹5,202.00 crore
• Bajaj Allianz Life Insurance Company (BALIC) showed 9% GWP growth to ₹5,479.00 crore
• Bajaj Finance recorded 21% growth in net total income to ₹12,610.00 crore

Insurance Business Performance

BAGIC Performance

BAGIC demonstrated resilience with a 9% increase in GWP to ₹5,202.00 crore. The company's PAT rose by 15% to ₹660.00 crore, with a robust Return on Equity (ROE) of 21.4%. The combined ratio stood at 103.6%, slightly improved from 103.7% in the same period last year.

BALIC Performance

BALIC witnessed significant improvements, with GWP growing 9% to ₹5,479.00 crore. The company's PAT surged by an impressive 76% to ₹171.00 crore. Notably, the Value of New Business (VNB) increased by 39% to ₹145.00 crore, indicating strong profitability in new policies.

Lending Business Highlights

Bajaj Finance, the group's lending arm, continued its strong performance with a 21% growth in net total income to ₹12,610.00 crore. The company's PAT increased by 22% to ₹4,765.00 crore.

Bajaj Housing Finance achieved a remarkable 24% growth in Assets Under Management (AUM), with PAT rising 21% to ₹583.00 crore.

Strategic Developments

Bajaj Finserv has received regulatory approvals to acquire Allianz's 26% stake in both BAGIC and BALIC. The initial 6.1% stake acquisition is required within 6 months, marking a significant step in strengthening the company's position in the insurance sector.

Other Business Highlights

• The Asset Management Company (AMC) business reached ₹25,011.00 crore in AUM, representing a substantial 107% year-on-year growth.
• Bajaj Finserv Health Limited conducted 5.8 million health transactions, a significant increase from 2.05 million in the same period last year.
• Bajaj Markets added 4 new partners, bringing the total unique partner count to 100.

Management Commentary

S. Sreenivasan, President of Insurance and Special Projects at Bajaj Finserv Limited, commented on the results: "Our Q1 FY26 performance demonstrates the strength and diversity of our business model. The record PAT achievement and robust growth across segments reflect our strategic focus on sustainable and profitable growth."

Tapan Singhel, MD and CEO of BAGIC, added: "We continue to maintain a balanced approach to growth and profitability, focusing on preferred business segments while maintaining prudent underwriting practices."

Tarun Chugh, MD and CEO of BALIC, stated: "The significant improvement in our VNB and margins is a result of our strategic shift towards more profitable product mix and cost optimization initiatives."

As Bajaj Finserv continues to strengthen its position across various financial services segments, the company remains well-positioned for sustained growth in the coming quarters.

Bajaj Finserv Limited has announced a series of investor meetings scheduled to take place in Hong Kong and Singapore from August 4-6, 2025. The non-deal roadshow, organized by Nomura, aims to facilitate in-person interactions between the company and institutional investors and funds in these key financial hubs.

Roadshow Schedule

The company has provided a detailed schedule for the upcoming investor meetings:

Key Points

• Organizer: The non-deal roadshow is being organized by Nomura, a prominent financial services group.
• Nature of Discussions: Bajaj Finserv has emphasized that all discussions during these meetings will be limited to publicly available information only.
• Short Notice: The company noted that the schedule confirmation was received on short notice, leading to a late intimation to the stock exchanges.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Uma Shende, Company Secretary of Bajaj Finserv Limited, signed the official intimation to the BSE Limited and National Stock Exchange of India Ltd.

This investor roadshow represents an opportunity for Bajaj Finserv to engage with institutional investors and funds in two of Asia's major financial centers. The in-person format of these meetings suggests a return to traditional investor relations practices.

Investors and market watchers will likely keep a close eye on any public statements or market movements following these meetings, although it's important to note that no new material information is expected to be disclosed during these interactions.