Home First Finance Company India Ltd logo

Home First Finance Company India Ltd

HOMEFIRST NSE

Key Fundamentals

MicrocapHousing FinanceFinancial Services
Market Cap
₹12,307 Cr
Volatility
Moderate
P/E Ratio
21.33
EBITDA
₹1,519 Cr
Return on Equity
12.4%
Debt to Equity
2.93
Book Value
₹416.76
EPS
₹36.43
52W High
₹1,375
52W Low
₹893.7

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Home First Finance Company India Ltd insights

35 extracted metrics + investor summaries across FY15–FY26.

Log in — free

Tapetide Score

Data-driven rating, 0–100. How it works →

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 2.86 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 6.98%
  • Promoter holding has decreased over last 3 years: -23.2%

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 15d ago
AI opinion · based on fundamentals
Risk medium

Home First Finance Company India Ltd is a technology-driven affordable housing finance company with AUM of ₹15,878 Cr (FY26, up 24.9% YoY) and a market cap of ~₹12,417 Cr trading at 21.4x PE and 2.86x book value. The company has delivered 40% profit CAGR over five years with ROE of ~16.5%, but faces concerns around low promoter holding at ~7% and elevated valuation relative to book.

Bull Case 8
  • Strong AUM growth of 31.1% YoY in FY25 and 24.9% YoY in FY26, reaching ₹15,878 Cr, demonstrating consistent scale-up in affordable housing finance
  • Profit CAGR of 40.1% over the last 5 years, with FY26 PAT growing 42.7% YoY, indicating robust earnings compounding
  • Compounded sales growth of 34% over 3 years and 31% over 5 years, with median sales growth of 39.5% over last 10 years
  • Stable asset quality with GNPA at 1.8% and 90+ DPD at 1.7% in FY25 with credit cost contained at 30 bps, indicating disciplined underwriting
  • ROE of 16.5% for FY25 (reaching 17% in Q4 FY25) supported by operating leverage and healthy spreads of ~5.2-5.3%
  • Return on Assets at 4.1% in Q4 FY26, well above industry average for housing finance companies, reflecting efficient capital deployment
  • Capital adequacy strengthened via ₹1,250 Cr QIP in April 2025, bringing net worth to ₹3,751 Cr (proforma), providing runway for continued growth
  • Technology-driven model focused on affordable housing for first-time homebuyers in low and middle-income segments, a structurally underpenetrated market in India
Bear Case 8
  • Promoter holding has fallen to just 6.97%, down 23.2% over the last 3 years, with PE fund True North and Aether selling stakes in bulk deals worth ₹660 Cr
  • Stock trades at 2.86x book value, a premium valuation for a housing finance company that requires sustained high growth to justify
  • Low interest coverage ratio as flagged in financial screening, indicating sensitivity to borrowing cost fluctuations
  • AUM growth decelerated from 31.1% in FY25 to 24.9% in FY26, suggesting potential moderation in the growth trajectory
  • Stock price CAGR of -2% over 1 year despite strong earnings growth, indicating market re-rating risk or valuation compression
  • PE of 21.4x is at a premium to several larger, more diversified NBFCs and HFCs, leaving limited margin of safety if growth slows
  • Dividend yield of only 0.44%, offering minimal income return to shareholders relative to the valuation premium
  • QIP dilution of 1.29 Cr shares in April 2025 expanded equity base, which could moderate EPS growth going forward despite rising profits

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

AI News Digest

Anthropic anthropic claude-opus-4.6 11d ago
Positives 2
  • PAT up 34.5% YoY in Q1FY27 Aug 4

    Net profit rose 34.5% YoY to ₹160 crore for Q1FY27, driven by 38.2% growth in net interest income and stable asset quality.

  • AUM grows 25.7%, record disbursements Jul 29

    AUM rose 25.7% to ₹16,938 crore while disbursements hit a record ₹1,628 crore, supported by efficient cost management and improved capital adequacy.

Neutral 4
  • Investor meets scheduled Aug 6-7 Aug 4

    Home First Finance will hold in-person meetings with six institutional investors and analysts in Mumbai on August 6-7, 2026.

  • Q1FY27 earnings call held Jul 28 Jul 28

    Management including MD & CEO and CFO conducted the Q1FY27 earnings conference call on July 28, 2026; audio recording uploaded.

  • Investor meets with SBI, Birla Jul 27

    One-on-one meetings held with SBI General Insurance and Aditya Birla Capital on July 29-30, 2026.

  • ESG rating received Jul 19

    Home First Finance received an ESG rating from SES ESG Research Private Limited, a SEBI-registered provider.

TL;DR: Home First Finance delivered a strong Q1FY27 with 34.5% profit growth, record disbursements of ₹1,628 crore, and 25.7% AUM expansion to nearly ₹17,000 crore. Asset quality remains stable and capital adequacy improved. No identifiable headwinds emerged in this period. The growth trajectory and active institutional engagement suggest continued momentum heading into Q2FY27.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
255
273
296
313
336
373
406
415
454
477
482
501
538
Expenses
60
62
65
58
68
75
81
84
94
99
102
109
118
Financing Profit
88
95
101
109
112
123
132
141
159
176
186
197
211
Fin. Margin %
34%
35%
34%
35%
33%
33%
33%
34%
35%
37%
39%
39%
39%
Other Income
5
5
5
5
5
1
2
2
2
2
1
3
2
Interest
107
117
130
146
157
176
193
190
200
203
194
195
208
Depreciation
3
3
3
3
3
4
4
4
4
5
5
5
5
PBT
90
96
103
111
114
120
130
138
156
173
183
195
208
Tax %
23%
23%
23%
25%
23%
23%
25%
24%
24%
24%
23%
23%
23%
Net Profit
69
74
79
83
88
92
97
105
119
132
140
149
160
EPS in Rs
7.84
8.43
8.92
9.43
9.87
10.34
10.86
11.63
11.52
12.73
13.49
14.33
15.29
Gross NPA %
1.64%
1.7%
1.7%
1.7%
2.9%
1.7%
1.7%
1.7%
1.8%
1.9%
2%
1.8%
1.8%
Net NPA %
1.14%
1.2%
1.2%
1.2%
1.3%
1.3%
1.3%
1.3%
1.4%
1.5%
1.6%
1.4%
1.4%
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
39
60
94
145
264
411
489
596
796
1,157
1,539
1,921
1,999
Expenses
12
16
26
41
75
111
127
143
183
242
303
400
428
Financing Profit
5
7
14
38
63
106
142
234
304
412
517
725
770
Fin. Margin %
13%
12%
15%
26%
24%
26%
29%
39%
38%
36%
34%
38%
39%
Other Income
0
2
0
2
7
9
0
0
0
0
0
2
8
Interest
22
37
54
67
127
194
220
219
308
503
719
796
800
Depreciation
0
0
1
1
5
7
8
8
9
12
16
19
20
PBT
5
9
14
38
65
107
134
226
295
400
502
708
759
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
581
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
55.84
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 Jun 2026
FIIs 43.90%
DIIs 29.83%
Public 11.21%
Others 8.09%
Promoters 6.97%
Total 100.00%
  Jan 2021Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Apr 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 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%
6.97%
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%
43.90%
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%
29.83%
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%
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%
11.21%
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%
8.09%
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
81,261

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 Housing 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 ₹12306.80 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 21.33. 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 ₹1,375. 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 0.44%. 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 12.40%. 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

Explore More

More in Financial Services → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List