Home First Finance Company India Limited has informed the Exchange regarding Outcome of Board Meeting held on Thursday, May 01, 2025 and submission of Audited Financial Results for the quarter and year ended March 31, 2025.
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Home First Finance Company India Limited announced audited financial results for Q4 and FY ended March 31, 2025, with the statutory auditor (BSR & Co. LLP) issuing an unmodified opinion. Total revenue from operations grew about 34% YoY to Rs. 1,529.9 crore (from Rs. 1,137.4 crore), while profit after tax rose roughly 25% to Rs. 382.1 crore (from Rs. 305.7 crore). The Board recommended a dividend of Rs. 3.70 per share (185% of face value), up from Rs. 3.40 (170%) last year, subject to shareholder approval. The company also approved raising up to Rs. 700 crore via private placement of non-convertible debentures, noted a recent QIP allotment of Rs. 1,250 crore in April 2025, and accepted the resignation of nominee director Mr. Maninder Singh Juneja (True North) effective May 2, 2025.
Strong full-year growth in revenue and profit, a higher dividend, and a successful Rs. 1,250 crore QIP signal healthy business momentum and capital strength for shareholders, though the director exit from private equity backer True North is worth monitoring. The Rs. 700 crore NCD plan reflects continued liability-side expansion to fund loan book growth.