Bajaj Housing Finance Limited has informed the exchange about Investor Presentation

18 August 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: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Day Presentation (updated till June 2026) Please find enclosed herewith investor presentation updated till June 2026, for analysts/institutional investors meetings. The presentation will also be made available on the website of the Company, under ‘Investor Presentation – FY27’ section at https://www.bajajhousingfinance.in/investor-presentation. 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 CORPORATE PRESENTATION Table of Contents Industry Landscape Industry Landscape Company Overview Company Overview Year Gone By 3 Year Gone By Strategic Priorities 4 Strategic Priorities Home Loans industry witnessed 12.9% CAGR from FY20 to FY26 which is expected to grow in the range of 14-16% till FY28 (₹ in Tn) 12.9% CAGR 14-16% CAGR 60.0-63.0 44.4 40.6 35.9 31.9 27.0 23.6 21.4 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY28P Note: P - projected, Source: CRIF Highmark, Crisil Intelligence, Company Estimates Home Loans industry witnessed 12.9% CAGR from FY20 to FY26 which is expected to grow in the range of 14-16% till FY28 (₹ in Tn) 12.9% CAGR 14-16% CAGR 60.0-63.0 • Housing finance sector remained resilient owing to the Government impetus of “Housing for All”, rising per capita income, demand for larger homes post Covid. 44.4 • Home loans portfolio grew at 12.9% CAGR over FY20-26 from 21.4 Lakh Cr. to 44.4 40.6 Lakh Cr. 35.9 31.9 • Sector is expected to 2c7.o0 ntinue growing at 14-16% CAGR till FY28 with portfolio size of 23.6 21.4 ~60-63 Lakh Cr. FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY28P Note: P - projected, Source: CRIF Highmark, Crisil Intelligence, Company Estimates Lender wise home loan market share remained skewed towards banks with moderation in HFC share from FY21-FY25 CAGR CAGR (FY23- (FY20- FY25) FY25) 3.5% 3.7% 3.8% 4.0% 4.5% 4.8% 1.5% 1.8% 1.9% 2.1% 2.4% 3.2% 22.8% 21.1% 38.3% 32.7% 21.3% 20.3% 19.4% 19.7% 18.4% 18.3% 8.8% 10.3% 34.3% 35.0% 36.4% 35.9% 36.4% 34.8% 11.1% 13.5% 39.4% 39.1% 38.5% 38.2% 38.4% 39.0% 14.1% 14.0% FY20 FY21 FY22 FY23 FY24 FY25 BHFL Market 1.0% 1.1% 1.3% 1.3% 1.5% 1.6% 22.8% 23.8% Share Public Sector Banks Private Sector Banks HFCs* NBFCs Others Note: Others includes other financial institutions, Small Finance Banks and foreign banks. Source: CRIF Highmark, Crisil Inte lligence . *HFC share adjusted for HDFC merger Lender wise home loan market share remained skewed towards banks with moderation in HFC share from FY21-FY25 CAGR CAGR (FY23- (FY20- FY25) FY25) 3.5% 3.7% 3.8% 4.0% 4.5% 4.8% 1.5% 1.8% 1.9% 2.1% 2.4% 3.2% 22.8% 21.1% • Home loans market share continues to remain dominated by banks hav3i8n.3%g sh32a.7%re of 21.3% 20.3% 19.4% 19.7% 18.4% 18.3% 8.8% 10.3% • While HFCs share moderated during the same period from 21.3% in FY20 to 18.3% in 34.3% 35.0% 36.4% 35.9% 36.4% 34.8% FY25, BHFL continued to expand its share from 1.0% to 1.6% (1.7% for FY26). Within 11.1% 13.5% overall NBFCs/ HFCs portfolio, BHFL has ~8.5% market share for FY26. • During FY23-25, public sector banks grew by 14.1% CAGR, private sector banks by 11.1% CAGR and HFCs portfolio grew by 8.8% CAGR. Comparatively, BHFL grew 22.8% 39.4% 39.1% 38.5% 38.2% 38.4% 39.0% 14.1% 14.0% CAGR during the same period. FY20 FY21 FY22 FY23 FY24 FY25 BHFL Market 1.0% 1.1% 1.3% 1.3% 1.5% 1.6% 22.8% 23.8% Share Public Sector Banks Private Sector Banks HFCs* NBFCs Others Note: Others includes other financial institutions, Small Finance Banks and foreign banks. Source: CRIF Highmark, Crisil Inte lligence . *HFC share adjusted for HDFC merger Table of Contents Industry Landscape Industry Landscape Company Overview Company Overview Year Gone By 3 Year Gone By Strategic Priorities 4 Strategic Priorities Consistent AUM growth trajectory over 9 years of operational journey 74.6% 63.1% Improved Opex to NTI 32.9% 27.7% 29.2% 25.7% 24.0% 20.8% 19.7% from 74.6% to 19.7% Healthy ROA 0.6% 1.1% 1.9% 1.5% 1.8% 2.3% 2.4% 2.4% 2.3% Lowest GNPA amongst 0.00% 0.05% 0.08% 0.35% 0.31% 0.22% 0.27% 0.29% 0.27% large players in industry IPO and Capital infusion of 5,560 Cr Capital infusion of Crossed Capital Crossed 1,00,000 Cr Capital Capital 1,500 Cr 50,000 Cr AUM infusion of AUM milestone infusion of Crossed 25,000 milestone 2,500 Cr infusion of 140,706 Cr AUM milestone 2,000 Cr Since FY21- 1,200 Cr 114,684 inception FY26 91,370 69,228 53,322 AUM: AUM: 32,705 38,871 58% CAGR 29% CAGR 17,562 3,570 r C FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 ( PAT: PAT: 10 110 421 453 710 1,258 1,731 2,163 2,560 100% CAGR 41% CAGR 3.0 times 5.3 times 5.6 times 6.3 times 7.2 times 6.2 times 6.7 times 5.1 times 5.6 times Comfortable leverage Strategic construct for building sustainable business model T Scalable Low Risk Deliver Full Mortgage Diversified N Balance Sheet Business Model Reasonable Product Suite Borrowing Mix C Return Our ambition is to become a large mortgage player FY26 Last 5- hence scale is first strategic pillar for the Company. Particulars AUM year CAGR (₹ in Cr.) (FY21-26) Segments of mortgages i.e., Prime home loans and BHFL 1,40,706 29% Lease Rental Discounting are anchor products for delivering scale for the Company. Peer HFC 1 3,20,707 7% Peer HFC 2 90,921 4% Peer HFC 3 42,209 14% Medium Term ✓AUM growth ahead of industry Outcome Strategic construct for building sustainable business model T Scalable Low Risk Deliver Full Mortgage Diversified N Balance Sheet Business Model Reasonable Product Suite Borrowing Mix C Return Second important strategic construct is low risk orientation for the Company as we believe scale and risk do not go together in mortgages. Accordingly, BHFL balances its product mix to maintain low GNPA. Prime housing and LRD products deliver low risk for BHFL. Over a long period of time, both these products have demonstrated least risk. Robust underwriting practices adopted by the Company complemented by rigorous portfolio monitoring helps maintaining low GNPA. Medium Term ✓GNPA of 40-60 bps as various portfolios mature ✓Annualized credit cost of 20-25 bps Outcome 10 10 Strategic construct for building sustainable business model T Scalable Low Risk Deliver Full Mortgage Diversified N Balance Sheet Business Model Reasonable Product Suite Borrowing Mix C Return BHFL aims to deliver reasonable return, through an optimized mix of products which are scale builders and return enhancers like construction finance, LAP and Sambhav home loans. Portfolio mix constitutes ~11% construction finance and ~10% LAP complemented by Sambhav home loans constituting 12% of home loans. ✓Optimum mix of construction finance: 12-15% and LAP: Medium Term ✓ROA: 2.0-2.2% and ROE: 13-15% 10-12% Outcome ✓Sambhav HL: ~20% of HL acquisition 11 11 Strategic construct for building sustainable business model T Scalable Low Risk Deliver Full Mortgage Diversified N Balance Sheet Business Model Reasonable Product Suite Borrowing Mix C Return BHFL operates in all segments and sub segments of mortgages to deliver scale, low risk and reasonable return. Mix of products and sub segments vary basis risk return evaluation by the Company. The Company initially started with prime salaried home loans only, later expanded presence across all sub segments to complete its mortgage product stack. Medium Term ✓Rangebound portfolio mix with 2-3% movement ✓Customer coverage enhancement Outcome between products 12 12 Strategic construct for building sustainable business model T Scalable Low Risk Deliver Full Mort [Showing first 8,000 characters — download PDF for full document]