BSE Sensex 30 Stocks Regulatory Filings — April 03, 2026

AUM grew 22% YoY to ₹510,000 crore, crossing ₹5 lakh crore milestone with Q4 addition of ₹25,500 crore, signaling scale acceleration vs Sensex financial peers

Customer franchise expanded 17% YoY to 119.33 MM (+3.93 MM in Q4 FY26), outpacing loan booking growth and highlighting franchise strength

New loans booked up 20.5% YoY to 12.89 MM in Q4 FY26, driving AUM momentum and potential NIM upside absent deposit drag

Analyst Day 2026 + Q4/FY26 earnings on April 22 at 5:15 PM IST, with management strategic update and Q&A post-results, key for guidance refresh

Q4 FY26 AUM +₹25,500 crore QoQ-equivalent growth, fastest quarterly addition amid 22% YoY, positions as Sensex NBFC growth outlier

In-person Pune event (Phase III, RGIP, Hinjewadi) for audited Q4/FY26 results discussion, no UPSI shared, builds conviction for IT sector recovery

Provisional metrics show 20%+ YoY topline proxies (loans/customers/AUM), materially outperforming Airtel's flat/negative update

Penalty immaterial at ₹1.09 lakh with no financial/operational impact, company opting not to contest under Reg 30

Deposits decline -4% YoY to ₹68,550 crore from ₹71,403 crore tempers growth narrative, potential liquidity pressure vs AUM surge

Regulatory violation notice on subscriber verification (Jan 2026 CAF Audit), negative sentiment despite low materiality

Neutral sentiment on earnings preview, lags Bajaj's mixed-positive growth but leads Sensex IT on scheduled catalyst timing

Deposits declined ~4% YoY to ₹68,550 crore from ₹71,403 crore, contrasting AUM 22% growth and signaling funding cost risks

All Q4 FY26 metrics (AUM/customers/loans) provisional and subject to audit, potential for downward revisions

DoT UP East penalty ₹1.09 lakh for CAF audit violation (Jan 2026), first disclosed April 2, watch for pattern in subscriber norms

AUM +22% YoY vs deposits -YoY highlights reliance on wholesale funding, vulnerable to rate hikes vs peers

Analyst meet confirms no unpublished price-sensitive info, risks muted guidance or status quo in strategic update

Choosing not to challenge penalty may signal compliance vulnerabilities in LSA audits, immaterial but precedent risk

1/3 filings show deposit decline or regulatory hit amid Bajaj growth, early warning on FY27 funding/ops in financials/telecom

22% YoY AUM to ₹510,000 crore + 20.5% loan growth offers re-rating potential pre-audit, undervalued vs historical multiples

April 22, 2026 Analyst Day for Q4/FY26 results + strategic priorities, prime for guidance upgrades in IT recovery

17% YoY franchise to 119.33 MM (+3.93 MM Q4) supports cross-sell, alpha from deposit rebound bets

20.5% YoY to 12.89 MM in Q4, outlier vs Airtel flat update, tactical long ahead of FY27 guidance

In-person management Q&A post-earnings presser, opportunity to extract forward guidance absent in current neutral filing

Bajaj's 20%+ YoY metrics vs Airtel negative/Tech neutral, rotate into NBFC growth pre-Q4 audits

₹1.09 lakh penalty fully disclosed/absorbed, dip-buy opportunity on overreaction to low-materiality reg hit

₹25,500 crore AUM add +3.93 MM customers QoQ, positions for FY27 beat if deposits stabilize

Bajaj Finance leads with 22% YoY AUM/20.5% loans/17% customers growth, but -4% deposits YoY flags sector funding shift implications [Financials Growth with Liquidity Caveat]

Tech Mahindra's April 22 Analyst Day (materiality 7/10) highlights need for strategic updates amid neutral sentiment, potential Sensex IT guidepost [Upcoming Guidance Refresh]

Airtel's minor ₹1.09L penalty (2/10 materiality) for CAF violation underscores LSA compliance costs, negligible vs growth peers [Low-Impact Reg Overhang]

Bajaj's unaudited Q4 data dominates 2/3 filings' trends, average 20% YoY growth but audit risk tempers Sensex portfolio optimism [Pre-Audit Caution]

Bajaj 9/10 vs Tech 7/10 vs Airtel 2/10 shows financial ops driving alpha, IT catalysts secondary to NBFC scale [Growth Outliers Emerge]

Analyst Day + results discussion on April 22, 2026 (5:15 PM IST), monitor strategic priorities and guidance vs provisional peers [Apr 22, 2026]

Provisional Q4 metrics (AUM +22% YoY, deposits -YoY) subject to audit, watch for revisions in upcoming earnings [Near-term]

YoY decline to ₹68,550 crore amid AUM surge, track Q1 FY27 funding mix for NIM impact [Ongoing]

DoT UP East penalty payment post-April 2 notice, monitor additional CAF audit outcomes across LSAs [Post-April 2026]

No trades disclosed, watch post-earnings for management conviction signals around strategic update [Post-Apr 22]

Bajaj's 20%+ growth outlier, compare audited Q4 vs other financials for sector rotation [Q1 FY27]

Non-contest on ₹1.09L penalty, track subscriber verification norms enforcement [H2 2026]