Home First Finance Company India Limited has informed the Exchange about Transcript
HOMEFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Home First Finance delivered strong FY26 results with PAT of INR540 crores (up 41.4% YoY) and AUM of INR15,878 crores (up 24.9% YoY). Q4 saw record disbursements of INR1,572 crores with pronounced asset quality improvement - 30+ DPD declined 50bps to 3.2% and Gross Stage 3 fell 20bps to 1.8%. NIM remained robust at 5.9% in Q4 with spread at 5.3%. The company guided for ~25% AUM growth in FY27 while maintaining spread guidance of 5%-5.25% and credit cost of 30-40bps. Management highlighted improved sourcing through developer partnerships in Mumbai/Pune, expanded co-lending infrastructure, and AI adoption for underwriting as key differentiators. The company added 6 branches and 221 net employees during Q4, taking total network to 171 branches and 373 touch points.
The strong profitability growth, improving asset quality, and clear FY27 guidance (25% AUM growth, 5-5.25% spread) position the stock positively. The maintained margin guidance despite rate environment signals business resilience, though sequential NIM compression of 10bps warrants monitoring.