Submission of Half-yearly Report for FY 2026-27 containing the financial performance of the Company

4 November 2026 To, To, The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G Dalal Street Bandra - Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 BSE Code: 544252 NSE Code: BAJAJHFL - EQ Dear Sir/Madam, Sub: Submission of Half Yearly Report for FY2026-27 Pursuant to Regulation 30 and 27(1) read with Part E of Schedule II of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Half Yearly Report for FY2026-27 containing the financial performance of the Company including update on key developments during the half year ended 30 September 2026. The same is being circulated to the members and debenture holders through electronic mode. Copy of the report is also placed on the Company’s website at https://www.bajajhousingfinance.in/financial-information. We request you to kindly take the same on record. Thanking you, Yours Faithfully, For Bajaj Housing Finance Limited Atul Patni Company Secretary Email ID: bhflinvestor.service@bajajhousing.co.in Encl.: As above BAJAJ HOUSING FINANCE LIMITED Dear Shareholder, I am pleased to present your Company’s financial results and operational highlights for the half year ended 30 September 2026. Your Company crossed the landmark ₹ 1.5 lakh crore Assets under Management (AUM) milestone, supported by strong, diversified growth and further strengthening its position as one of India’s leading housing finance companies. H1 FY27 recorded the Company’s highest-ever disbursements and AUM addition. AUM grew 25% year on year to ₹ 1,58,205 crore, while profit after tax was ₹ 1,472 crore. This growth was delivered while maintaining strong asset quality and balance sheet resilience, with GNPA at 29 bps as of 30 September 2026. The Company continues to advance its strategy of deepening and widening its presence across prime, near prime and affordable customer segments by expanding its distribution network. ‘Sambhav loans’, designed for near-prime and affordable customers, now contribute approximately 16% of home loan originations. The business is progressing towards a 20% share of home loan originations over the medium term while maintaining prudent underwriting standards. Your Company is now the largest private HFC in the mortgage industry. Its differentiated model combines strong parentage, a multi-product mortgage platform, diversified funding, a technology-enabled customer journey and a robust risk management framework. Your Company crossed the landmark ₹ 1.5 lakh crore AUM milestone, supported by strong, diversified growth and further strengthening its position as one of India’s leading housing finance companies. Sanjiv Bajaj Chairman Half Yearly Report 2026-27 01 Macroeconomic Environment Geopolitical uncertainty and energy-market volatility continue to weigh on the global outlook, particularly for net energy-importing countries. At the same time, accelerating AI-led demand is supporting economies integrated with global technology supply chains. Against this backdrop, the International Monetary Fund (IMF) kept its 2027 global GDP growth forecast to 3.4% in Oct 2026 World Economic Outlook (WEO) update. India’s economy remains resilient despite global headwinds and shifting trade dynamics. Citing strong private consumption and services activity, the IMF raised its 2027 GDP growth forecast for India from 6.7% to 7.0%. The RBI’s July 2026 Monetary Policy projected real GDP growth of 6.7% for FY27, supported by resilient domestic demand and investment activity; this was subsequently raised to 7.1% at the October 2026 MPC meeting. Separately, quarterly estimates released by the Ministry of Statistics and Programme Implementation (MOSPI) on 31 August placed Q1 real GDP growth at 7.8%, above the RBI’s estimate. Inflation remains relatively benign despite external uncertainty. After staying below the 4% target for sixteen consecutive months, inflation rose to 4.4% in June 2026, 4.45% in July, 4.83% in August and 5.54% in September 2026, marking the fourth consecutive monthly increase. The RBI has projected CPI inflation of 5.2% for FY27. (Source: RBI Monetary Policy, MOSPI) At its 7 October MPC meeting, the RBI raised the policy rate by 25 bps to 5.50% and changed its stance from ‘neutral’ to ‘calibrated tightening’. Industry Trends India’s housing finance penetration remains low compared with developed economies, creating a multi-decade structural growth opportunity supported by favourable demographics, urbanization and policy measures. Competitive intensity has increased, particularly from banks in prime housing. Even so, the overall home loan portfolio reached ₹ 44.5 lakh crore in FY26, although year-on-year growth moderated from 13% in FY25 to 10.4% in FY26. (Source: CRISIL report) Scheduled commercial banks and NBFCs/HFCs continue to report healthy balance sheets, asset quality and profitability. Well-capitalised lenders with strong risk management, diversified funding and scalable technology platforms are expected to be the principal beneficiaries of India’s long-term housing finance growth. Operational Highlights As of 30 September 2026, your Company operated 223 branches across 182 locations in 20 states and union territories. Its approved project finance (APF) network covered more than 10,300 projects offering home loans. The Company also maintained one of the industry’s most granular developer finance portfolios, spanning 614 active developer relationships and 885 projects, which provide an additional sourcing channel for retail home loans. Asset quality remained healthy, with GNPA at 29 bps and NNPA at 12 bps as of 30 September 2026, reflecting prudent underwriting and a strong risk management framework. BHFL continues to hold the highest possible credit ratings: AAA/stable for long-term debt and A1+/stable for short-term debt programmes from both CRISIL and India Ratings. These ratings support access to a range of borrowing instruments at an optimized cost. Half Yearly Report 2026-27 02 FY27 Outlook Considering geopolitical uncertainty, moderating home loan industry growth and sustained competitive intensity in prime housing, your Company has assessed the following key financial indicators for FY27: AUM growth: 21–23% Net interest margin (NIM) moderation: 20-25 bps Opex to Net Total Income: 19–20% Gross NPA: 30-35 bps Credit cost: 10-15 bps Return on Assets (ROA): 2.1–2.3% Return on Equity (ROE): 12–13% Financial Performance Highlights of H1 FY27 vs H1 FY26 Scale AUM increased 25% year on year, from ₹ 1,26,749 crore as of 30 September 2025 to ₹ 1,58,205 crore as of 30 September 2026. By product, AUM grew 22% year on year in home loans, 26% in LAP, 39% in LRD and 13% in DF. Growth in anchor products improved year on year, with home loan growth rising from 19% in H1 FY26 to 22% in H1 FY27. The portfolio remained well diversified. As of 30 September 2026, the mix of HL, LAP, LRD, DF and Others was 53.9%, 10.3%, 24.0%, 10.7% and 1.1%, respectively. Profitability Net interest income rose 10% year on year, from ₹ 1,843 crore in H1 FY26 to ₹ 2,023 crore in H1 FY27. Net total income increased 16% to ₹ 2,429 crore from ₹ 2,100 crore. Operating efficiency improved, with opex to NTI moderating by 110 bps year on year from 20.4% in H1 FY26 to 19.3% in H1 FY27. Pre-provisioning operating profit grew 17% to ₹ 1,959 crore in H1 FY27, compared with ₹ 1,671 crore in H1 FY26. Profit before tax increased 20% year on year, from ₹ 1,590 crore in H1 FY26 to ₹ 1,908 crore in H1 FY27. Profit after tax grew 20% to ₹ 1,472 crore in H1 FY27 from ₹ 1,226 crore in H1 FY26. Annualised return on assets was 2.2%, while annualised return on equity stood at 12.6% for H1 FY27. Half Yearly Report 2026-27 03 Asset Quality Asset quality remained resilient, with loan losses and provisions declining to ₹ 51 crore in H1 FY27 compared with ₹ 81 crore in H1 FY26. Gross NPA was 0.29% as [Showing first 8,000 characters — download PDF for full document]