Home First Finance Company India Limited has informed the Exchange that Board of Directors at its meeting held on May 01, 2025, recommended Final Dividend of Rs. 3.70 per equity share.
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Home First Finance Company India Limited's board, on May 1, 2025, approved audited Q4 and FY25 results along with a final dividend of Rs. 3.70 per share (185% of face value of Rs. 2), up from Rs. 3.40 per share in the previous year. For FY25, the company reported a profit after tax of Rs. 3,820.68 million, up about 25% from Rs. 3,057.17 million in FY24, with total income rising to Rs. 15,392.03 million. Loan book grew to roughly Rs. 1,06,487 million (up ~31% YoY) and total assets stood at Rs. 1,22,117 million. EPS for FY25 came in at Rs. 42.83 versus Rs. 34.65 last year. The board also approved raising up to Rs. 700 crore via private placement of non-convertible debentures, and noted the earlier QIP of ~Rs. 1,250 crore done on April 11, 2025 at Rs. 970 per share. A nominee director, Mr. Maninder Singh Juneja, resigned effective May 2, 2025, citing other priorities. Statutory auditors issued an unmodified opinion.
Shareholders stand to gain with a higher dividend payout year-on-year, backed by strong ~25% profit growth and ~31% loan book expansion. The QIP and planned NCD raise strengthen the balance sheet for further growth, though the resignation of a long-serving nominee director is a minor governance note worth monitoring.