Home First Finance Company India Ltd logo

Home First Finance Company India Ltd

HOMEFIRST NSE

Home First Finance Company India (HFFC) is a Housing Finance Company which offers home loan with 48 hours sanctions and hassle-free process. [1]

AI Verdict: BUY Confidence: 7%

Home First Finance delivers exceptional growth with 40% profit CAGR over 5 years and 34% sales CAGR over 3 years, supported by 83% analyst buy consensus. However, low promoter holding at 6.99% and a P/B of 2.75x warrant monitoring, making this a high-conviction growth pick with moderate near-term risk.

Key Fundamentals

MicrocapHousing FinanceFinancial Services
Market Cap
₹12,163 Cr
Volatility
Moderate
P/E Ratio
22.89
EBITDA
₹1,519 Cr
Return on Equity
14.41%
Debt to Equity
2.93
Book Value
₹416.79
EPS
₹36.43
52W High
₹1,519
52W Low
₹893.7

Technical Indicators

Key Insights

Strengths

2
  • Company has delivered good profit growth of 40.1% CAGR over last 5 years
  • Company's median sales growth is 39.5% of last 10 years

Weaknesses

4
  • Stock is trading at 2.79 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -5.36%
  • Promoter holding is low: 6.99%

Growth Rate

Revenue Growth
24.92% ↗
Net Income Growth
41.43% ↗
Cash Flow Change
11.68% ↗
ROE
-18.15% ↘
ROCE
-0.50% ↘
EBITDA Margin (Avg.)
-1.34% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 7d ago
BUY
Risk medium

Home First Finance delivers exceptional growth with 40% profit CAGR over 5 years and 34% sales CAGR over 3 years, supported by 83% analyst buy consensus. However, low promoter holding at 6.99% and a P/B of 2.75x warrant monitoring, making this a high-conviction growth pick with moderate near-term risk.

Bull Case 8
  • Compounded profit growth of 40% CAGR over 5 years indicates strong and consistent earnings momentum
  • Sales growth of 34% CAGR over 3 years and 25% TTM demonstrates sustained business expansion in the affordable housing finance segment
  • Overwhelming analyst consensus with 83.33% buy ratings (20 out of 24 analysts) reflects broad institutional confidence
  • ROE of 16% in the last year and 3-year average of 16% shows efficient capital utilization for a housing finance company
  • Median sales growth of 39.5% over last 10 years demonstrates a long runway of structural demand in affordable housing
  • PE ratio of 22.2x is reasonable for a company delivering 41% TTM profit growth, implying a PEG ratio of approximately 0.54x
  • Market cap of Rs 11,938 Cr with 5-year stock CAGR of 16% shows long-term wealth creation track record
  • Compounded profit growth of 57% CAGR over 10 years highlights the company's ability to scale profitably over extended periods
Bear Case 8
  • Promoter holding is critically low at just 6.99%, raising governance and alignment concerns for minority shareholders
  • Promoter holding decreased by 5.36% in the last quarter, signaling potential further dilution or exit by promoters
  • Stock trading at 2.74x book value is expensive relative to many housing finance peers, limiting margin of safety
  • Stock has delivered negative 1-year return of -11%, indicating near-term sentiment weakness and possible derating
  • Low interest coverage ratio suggests vulnerability to rising interest rate cycles and potential NIM compression
  • Only 4.17% hold and 12.5% sell ratings (3 analysts) indicate some institutional skepticism about current valuations
  • Dividend yield of just 0.45% offers minimal income cushion during periods of capital depreciation
  • Debt-to-equity data unavailable, creating opacity around leverage levels in a lending business where balance sheet risk is paramount

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 14h ago
Headwinds 1
  • Independent Director re-appointment rejected Jun 24

    Shareholders rejected the re-appointment of Mr. Anuj Srivastava as Independent Director at the 17th AGM on June 24, signaling potential governance concerns.

Positives 4
  • Strong AUM growth at 24.9% YoY Jun 24

    Home First reported AUM of ₹1,58,777 Mn with 24.9% YoY growth, ROAA at 2.7%, and GNPA at a healthy 0.8% for FY26.

  • ESG score of 75 received Jun 20

    Home First received an ESG score of 75 from SEBI-registered ESG Risk Assessments and Insights Limited, reflecting strong sustainability credentials.

  • Final dividend of ₹5.20 declared Jun 24

    The 17th AGM approved a final dividend of ₹5.20 per share for FY26, indicating confidence in cash flows.

  • Green Homes and BRSR filed May 30

    Filed BRSR for FY26 detailing 450 certified Green Homes and reasonable assurance from SGS India, strengthening ESG positioning.

Neutral 3
  • Active investor engagement schedule Jun 20

    Company hosted multiple investor meets including JM Financial forum (Jun 23), Investec Confluence (Jun 12), and branch visits in Kalyan, Ahmedabad, and Jaipur across May-June 2026.

  • ₹21.97 Cr block trade on NSE May 26

    A block trade of ~2.03 lakh shares at ₹1,080 per share worth ₹21.97 crores was recorded on NSE, indicating institutional activity.

  • Promoter confirms no share encumbrance Jun 10

    Aether (Mauritius) Limited declared no encumbrance on its shares in Home First under SEBI regulations, confirming clean promoter holding.

TL;DR: Home First Finance is executing well with 24.9% AUM growth, low GNPA of 0.8%, and healthy profitability (ROAA 2.7%). ESG credentials are strengthening with a score of 75 and green initiatives. The only notable concern is the rejection of an independent director's re-appointment, which warrants monitoring for governance dynamics. Overall the trend is positive with strong growth metrics and active institutional engagement.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue
227
255
273
296
313
336
373
406
415
454
477
482
501
Expenses
52
60
62
65
58
68
75
81
84
94
99
102
109
Financing Profit
82
88
95
101
109
112
123
132
141
159
176
186
197
Fin. Margin %
36%
34%
35%
34%
35%
33%
33%
33%
34%
35%
37%
39%
39%
Other Income
4
5
5
5
5
5
1
2
2
2
2
1
3
Interest
93
107
117
130
146
157
176
193
190
200
203
194
195
Depreciation
2
3
3
3
3
3
4
4
4
4
5
5
5
PBT
84
90
96
103
111
114
120
130
138
156
173
183
195
Tax %
24%
23%
23%
23%
25%
23%
23%
25%
24%
24%
24%
23%
23%
Net Profit
64
69
74
79
83
88
92
97
105
119
132
140
149
EPS in Rs
7.27
7.84
8.43
8.92
9.43
9.87
10.34
10.86
11.63
11.52
12.73
13.49
14.33
Gross NPA %
1.61%
1.64%
1.7%
1.7%
1.7%
2.9%
1.7%
1.7%
1.7%
1.8%
1.9%
2%
1.8%
Net NPA %
1.07%
1.14%
1.2%
1.2%
1.2%
1.3%
1.3%
1.3%
1.3%
1.4%
1.5%
1.6%
1.4%
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue
39
60
94
145
264
411
489
596
796
1,157
1,539
1,921
Expenses
12
16
26
41
75
111
127
143
183
242
303
400
Financing Profit
5
7
14
38
63
106
142
234
304
412
517
725
Fin. Margin %
13%
12%
15%
26%
24%
26%
29%
39%
38%
36%
34%
38%
Other Income
0
2
0
2
7
9
0
0
0
0
0
2
Interest
22
37
54
67
127
194
220
219
308
503
719
796
Depreciation
0
0
1
1
5
7
8
8
9
12
16
19
PBT
5
9
14
38
65
107
134
226
295
400
502
708
Tax %
29%
33%
36%
34%
30%
26%
25%
18%
23%
24%
24%
24%
Net Profit
3
6
9
25
46
80
100
186
228
306
382
540
EPS in Rs
11.73
16.01
8.5
24.41
36.09
10.16
11.46
21.24
25.94
34.54
42.43
51.8
Div. Payout %
2%
1%
0%
0%
0%
0%
0%
0%
10%
10%
9%
10%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
3
4
10
10
13
16
17
18
18
18
18
21
Reserves
96
146
298
323
510
918
1,363
1,556
1,800
2,104
2,503
4,336
Borrowing
255
369
665
1,022
1,926
2,494
3,054
3,467
4,813
7,302
9,551
10,590
Other Liabilities
6
78
18
17
33
53
76
76
108
110
140
220
Total Liabilities
359
597
990
1,372
2,482
3,480
4,510
5,117
6,739
9,534
12,212
15,167
Fixed Assets
1
1
3
5
17
21
17
20
26
30
46
56
CWIP
0
0
0
1
0
0
0
0
0
0
0
0
Investments
0
0
0
0
103
146
375
0
281
379
360
812
Other Assets
359
595
988
1,366
2,361
3,314
4,118
5,097
6,432
9,125
11,805
14,298
Total Assets
359
597
990
1,372
2,482
3,480
4,510
5,117
6,739
9,534
12,212
15,167
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
—
—
—
—
—
-823
-223
-807
-1,469
-1,908
-2,196
-1,940
Investing
—
—
—
—
—
-108
-615
804
-267
-217
0
-408
Financing
—
—
—
—
—
893
900
411
1,353
2,470
2,215
2,198
Net Cash Flow
—
—
—
—
—
-38
62
408
-382
345
19
-150
Free Cash Flow
—
—
—
—
—
-827
-225
-810
-1,476
-1,916
-2,208
-1,949
CFO/OP
—
—
—
—
—
-267
-53
-169
-228
-199
-169
-119
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
3%
5%
4%
8%
11%
11%
9%
13%
13%
16%
16%
16%

Shareholding Pattern

As of Mar 2026
FIIs 45.72%
DIIs 27.53%
Public 11.19%
Others 8.58%
Promoters 6.99%
Total 100.01%
  Jan 2021Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Apr 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
33.70%
33.70%
33.66%
33.65%
33.62%
33.60%
33.58%
33.57%
33.52%
33.46%
30.21%
30.19%
23.60%
23.56%
23.45%
23.38%
14.31%
14.25%
12.47%
12.43%
12.39%
12.35%
6.99%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.04%
25.09%
24.74%
25.58%
37.91%
36.00%
36.53%
37.19%
39.99%
40.82%
45.72%
DIIs
4.04%
5.08%
5.22%
4.05%
3.88%
3.96%
4.68%
4.63%
6.52%
8.41%
10.00%
9.96%
10.16%
11.85%
11.96%
12.41%
18.29%
19.81%
21.20%
21.89%
28.83%
27.61%
27.53%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
14.56%
9.23%
8.32%
7.54%
7.88%
8.61%
9.14%
8.44%
9.18%
9.07%
10.17%
10.67%
11.09%
11.05%
11.24%
10.24%
11.55%
12.00%
10.62%
9.58%
10.27%
10.98%
11.19%
Others
47.70%
51.99%
52.81%
54.76%
54.62%
53.83%
52.59%
53.36%
50.78%
49.06%
49.62%
49.18%
55.11%
28.46%
28.61%
28.38%
17.95%
17.94%
19.18%
18.91%
8.51%
8.24%
8.58%
No. of Shareholders
48
1,36,780
1,05,060
77,223
64,064
61,837
62,404
73,601
74,548
73,731
78,164
78,918
78,152
76,526
75,625
78,604
86,972
88,276
88,604
86,471
85,010
83,670
82,905

Documents

Frequently Asked Questions about Home First Finance Company India Ltd

What does Home First Finance Company India Ltd do?
Home First Finance Company India (HFFC) is a Housing Finance Company which offers home loan with 48 hours sanctions and hassle-free process. [1]
Where is Home First Finance Company India Ltd (HOMEFIRST) listed?
Home First Finance Company India Ltd is listed on the Indian stock exchanges. It is listed on NSE: HOMEFIRST and BSE: 543259. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Home First Finance Company India Ltd belong to?
Home First Finance Company India Ltd operates in the Financial Services sector within the Finance industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Home First Finance Company India Ltd?
Home First Finance Company India Ltd has a market capitalisation of approximately ₹12162.56 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Home First Finance Company India Ltd?
The Price-to-Earnings (PE) ratio of Home First Finance Company India Ltd is 22.89. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Home First Finance Company India Ltd?
Over the past 52 weeks, Home First Finance Company India Ltd has traded between a low of ₹893.7 and a high of ₹1,519. This range helps investors understand the stock's price volatility and recent trading levels.
Does Home First Finance Company India Ltd pay dividends?
Yes, Home First Finance Company India Ltd has a dividend yield of 0.45%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Home First Finance Company India Ltd?
Home First Finance Company India Ltd has a Return on Equity (ROE) of 14.41%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Home First Finance Company India Ltd on Tapetide?
On Tapetide, you can view Home First Finance Company India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Home First Finance Company India (HFFC) is a Housing Finance Company which offers home loan with 48 hours sanctions and hassle-free process. [1]

Website homefirstindia.com
CEO Mr. Manoj Viswanathan
Employees 1,634
Listed 2021-02-03
Face Value ₹ 2
Issued Size 10,39,23,212

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