Bajaj Finance profit rises 28% in Q1FY27; broker calls split on valuation
Bajaj Finance reported Q1FY27 net profit of Rs 6,080 crore, up 28% year-on-year, as AUM grew 24%, sending shares nearly 7% higher. Motilal Oswal and Nomura retain Buy ratings, while Nuvama is neutral and Emkay maintains Reduce, citing expensive valuations.
Bajaj Finance posted 28% YoY Q1FY27 profit growth to Rs 6,080 crore, lifting shares nearly 7%. Motilal Oswal and Nomura retain Buy calls, while Nuvama holds and Emkay remains Reduce, citing rich valuations despite stronger growth, margins and lower credit costs.
Why this matters
The result extends Bajaj Finance’s recent run of Q1 profit growth, a 52-week high and bullish broker sentiment, while the latest broker targets remain widely split from ₹815 to ₹1,300.
Retail-company signals are accelerating, up 256400% QoQ.