Bajaj Housing Finance Q4 Results: Check Earnings Preview; Targets Prices & Trading Stop Loss

Bajaj Housing Finance is scheduled to denote its results for nan 4th and financial twelvemonth ended connected March 31, 2025 connected Wednesday, April 23, 2025. Brokerage firms, search nan stock, are expecting nan Bajaj Group's lodging finance limb to study a beardown maturation connected a year-on-year (YoY) basis, while quarter-on-quarter (QoQ) capacity whitethorn stay muted.

Brokerages judge that Bajaj Housing whitethorn study a muted emergence successful nett liking income (NIIs) and pre-provisioning operating profit (PPOP) connected a sequential basis, but yearly maturation whitethorn stay stellar. Net liking separator (NIMs) whitethorn statement marginally connected a quarterly comparison. Fundamental analysts person a mixed position connected nan stock, pinch method ones seeing a decent upside successful it.

Kotak Institutional Equities is expecting Bajaj Housing Finance to study a 34.4 per cent YoY emergence successful NIIs astatine Rs 844.4 crore, while PPOP whitethorn emergence 45.5 per cent YoY to Rs 761.1 crore. However sequential maturation whitethorn stay successful azygous digits. Net profit whitethorn rally 60.7 per cent YoY and 11.8 per cent QoQ to Rs 612.8 crore. MINs whitethorn statement marginally connected a sequential basis.

"Bajaj Housing will apt study 5.6 per cent QoQ AUM maturation successful 4QFY25 successful statement 5.6-6.3 per cent reported successful nan erstwhile 4 quarters. NIM will apt stay unchangeable QoQ to 3.4 per cent arsenic costs of borrowing peaks out. We expect cost-to-average AUM ratio to stay mean astatine 3.9 per cent. We pen down in installments costs to 1.9 per cent for 4QFY25," said Kotak pinch a target value of Rs 100 and 'reduce' rating.

Philip Capital is expecting NBFCs AUM maturation astatine 19 per cent/20 per cent for FY26/27 versus 21 per cent successful FY25 pinch maturation mostly led by Bajaj Housing Finance pinch 31 per cent maturation successful FY26-27. It has a 'buy' standing connected nan banal pinch a target value of Rs 140.

Goldman Sachs is penciling Bajaj Housing's indebtedness maturation astatine 26 per cent successful Q4FY25, pinch NIMs and PPOP-to-RoA ratio contracting marginally to 3.32 per cent and 3.09 per cent, respectively. However, its PPOP whitethorn summation 50 per cent YoY pinch 2.22 per cent RoA, it said. However, Goldman Sachs has a 'sell' standing connected Bajaj Housing Finance pinch a target value of Rs 83.

Ahead of its results, shares of Bajaj Housing Finance dropped astir 3.2 per cent connected Wednesday from day's precocious astatine Rs 132.50 to Rs 128.30, pinch its full marketplace capitalization slipping beneath Rs 1.10 lakh crore mark. The banal had settled astatine Rs 131.20 connected Tuesday, while it has tanked much than 31 per cent from its 52-week precocious astatine Rs 188.45 deed successful September 2024.

Bajaj Housing Finance has formed a higher apical and a higher bottom, which confirms a short-term inclination reversal. It has besides confirmed a rounding bottommost statement astatine Rs 128 levels connected a closing basis. This breakout is accompanied by immense volume, indicating accrued participation, said Rajesh Palviya, SVP - Technical and Derivatives Research astatine Axis Securities.

"The banal is good paced supra its 20,50, and 100 SMA, which reconfirms a bullish trend. The regular and play spot indicator, RSI, is successful affirmative territory, quoting supra its reference line, indicating sustained strength. Traders and investors are advised to bargain and accumulate it, which has an expected upside of Rs 145-150. The short-term support area is astir Rs 124-120," he said.

Bajaj Housing Finance raised a full of Rs 6,560 crore via IPO by trading its shares for Rs 70 apiece successful September 2024, which saw a blockbuster consequence from nan investors, fetching bids for Rs 3.23 lakh crore. The banal is presently trading astir 90 per cent higher from its IPO price.

As seen successful nan supra charts precocious nan banal crossed nan intermediate precocious of Rs 128 and reached a precocious of Rs 131. The banal has fixed a Channel breakout station consolidation area forming higher bottoms astatine Rs 105 & Rs 109 nan banal is trading supra each averages aft a agelong time, said Ventura Securities.

"Indicators for illustration MACD & ADX propose a patient affirmative Uptrend. Target of Rs 170 is expected & further summation is suggested astatine little support levels astatine Rs 124-120-117-113-111 successful lawsuit of intermediate fall. Stop nonaccomplishment successful nan waste and acquisition should beryllium kept astatine Rs 108," it said.

Published on: Apr 23, 2025 11:07 AM IST