Bajaj Finans'ın Yüzde 26,5 AUM Artışı ve 17.500 Krlik Sermaye Yatırımları Yaklaşıyor

Kısaca

Bajaj Finans’ın AUM 26,5% artışla yaklaşık Rs 5,85 lakh crore seviyesinde QIP ve promoterlere yönelik ikinci ölçekte sermaye artırımı planlandı; toplam 17.500 crore hedef Jefferies hissesi alım tavsiyesi ve 1.280 Rs hedef fiyatıyla 35% yukarı potansiyel işaret ediyor

Ana mesele

Bajaj Finans’ın 2. çeyrekte AUM büyümesi ve sermaye artırımı planları kısa vadede hissiyata etki yapabilir

Ne değişti?

AUM 26,5% yıllık artışla yaklaşık Rs 5,85 lakh crore olurken QIP ve tercihli ihraçla Rs 11,700 crore– Rs 5,800 crore toplam teklif gündemde

Beni nasıl etkiler?

Yatırımcılar için volatilite ve sermaye artırımı haberlerine duyarlı görünüyor

Ne oldu?

Bajaj Finans, 2. çeyrek FY27 için geçici iş güncellemesini duyurdu; AUM yüzde 26,5 artışla yaklaşık Rs 5,85 lakh crore oldu

Neden şimdi?

Eylül 2026 itibarıyla müşteri tabanı 12,89 crore olarak kaydedildi; bayram sezonu etkisiyle yıl içi karşılaştırma sınırlı

Neden önemli?

Büyüyen AUM ve yeni sermaye planları finansal görünümü güçlendirir ve hissedar değeri etkileyebilir

Kimler etkileniyor?

• Yatırımcılar
• Müşteriler
• Hisse senedi analistleri
• Regülatörler

Sektör ve piyasa etkisi

NBFC segmentinde büyüme göstergesi ve sermaye artırımı haberleri paylarda volatiliteye yol açabilir

Riskler

• Piyasa volatilitesi artabilir
• Sermaye artırımı maliyet baskısı oluşturabilir
• Kişisel yatırımcılar için işlem maliyetleri etkilenebilir

Takip edilmesi gerekenler

• AUM ve yeni sermaye artırımı tutarlarının audit öncesi teyidi
• QIP ve tercihli ihraç için onay süreci
• Jefferies’in hedef fiyat revizyonları ve önerileri

Haberin tamamı

Shares of Bajaj Finance jumped around 5% on Monday after the company released its provisional business update for Q2 FY27, reporting a 26.5% year-on-year increase in assets under management (AUM) to nearly Rs 5.85 lakh crore.Bajaj Finance shares rose to Rs 993 apiece on Monday morning, snapping a four-session losing streak.

The company on Saturday reported a nearly Rs 37,800 crore increase in AUM during the July-September quarter, from Rs 4.6 lakh crore in the corresponding quarter of the previous financial year.The non-banking financial company’s customer franchise stood at 12.89 crore as of September 30, 2026, as compared to 11.1 crore during the same period last year.

It added more than 44 lakh customers during the second quarter of FY27.Bajaj Finance’s new loans booked increased 11% YoY to 1.345 crore in Q2 FY27, compared with 1.217 crore in Q2 FY26. However, the NBFC said the figures are not directly comparable due to the early onset of the festive season last year.The company’s deposits stood at Rs 69,750 crore at the end of Q2 FY27.

The numbers are provisional and subject to audit, with the company set to release its final Q2 results later.Bajaj Finance to raise Rs 17,500 crore via QIPBajaj Finance last week announced that it will raise Rs 17,500 crore through a mix of share sale to institutional investors via a qualified institutional placement (QIP) and warrants issued to promoters as it prepares for its next phase of growth.

This would mark the first equity capital raise by Bajaj Finance since November 2023, when it raised Rs 10,000 crore through a similar combination.In a late-night notice to the stock exchanges on Thursday, Bajaj Finance said that the company's board of directors had approved raising Rs 11,700 crore through a QIP and Rs 5,800 crore through the issue of warrants via a preferential allotment to promoter Bajaj Finserv.Also read | Bajaj Finance to raise Rs 17,500 cr via QIP, preferential issueJefferies on Bajaj FinanceJefferies reaffirmed Bajaj Finance as among its top picks following the Q2 business update, maintained its ‘Buy’ call and a target price of Rs 1,280 apiece, implying 35% upside potential.The international brokerage noted that the company’s 26% YoY growth in AUM marks its highest in seven quarters.

It said growth in new loans booked slowed from 20% to 11% YoY, partly due to the early festive season in the base when it had grown by 26% YoY.Bajaj Finance share priceBajaj Finance shares have fallen more than 6% in a month, but gained over 2% in 2026 so far. The stock has outperformed the Nifty 50 index which has fallen 14% this year amid multiple headwinds.In the longer term, Bajaj Finance shares have delivered over 26% returns in three years and 29% in five years.

The company has a market capitalisation of more than Rs 6.17 lakh crore.Also read | Bajaj Finance: Why this rare Nifty outperformer is likely to reward investors in a muted marketDisclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser.

Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution.

They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.

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• Economic Times - Markets