Announced Wed, 6 May · 18:53 IST

Home First Finance Company India Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

HOMEFIRST · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹1230.00
prior close
₹1228.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.9-4.3-1.6-2.4-2.4-4.5-10.2-11.4-11.4-13.5-13.7-15.3-1.4
Up moveDown movePending
AI summary

Home First Finance Company reported strong audited results for FY2026 with total income of Rs. 19,227 million (up 25% YoY) and profit after tax of Rs. 5,404 million (up 41% YoY). Earnings per share stood at Rs. 52.35 versus Rs. 42.83 in the previous year. The Board recommended a dividend of Rs. 5.20 per share (260% of face value), a 40% increase from Rs. 3.70 last year. In governance matters, two independent directors (Ms. Geeta Dutta Goel and Mr. Anuj Srivastava) were re-appointed for second five-year terms effective November 2026. Mr. Divya Sehgal, Non-Executive Nominee Director, has chosen not to seek re-appointment at the AGM. New joint statutory auditors M/s. Batliboi & Purohit were appointed (mandatory per RBI guidelines for NBFCs with assets over Rs. 15,000 crores). The Board also approved issuing Non-Convertible Debentures up to Rs. 1,000 crores via private placement.

Likely market impact

Positive signals for shareholders: strong profitability growth, increased dividend payout, and clean audit opinion. The departure of one nominee director is routine and not a governance concern. The NCD issuance capacity provides flexibility for future funding needs.