Transcript of the Earnings Conference Call for the quarter and year ended on march 31, 2026
HOMEFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Home First Finance Company reported strong FY26 results with AUM of INR 15,878 crores (up 24.9% YoY) and PAT of INR 540 crores (up 41.4% YoY). Q4 saw record disbursements of INR 1,572 crores and significant asset quality improvement with 1+ DPD declining 60bps to 4.7% and Stage 3 reducing to 1.8%. The company guided for approximately 25% AUM growth in FY27 while maintaining spread guidance of 5-5.25% and credit cost guidance of 30-40bps. Management highlighted successful execution in Mumbai and Pune markets, AI adoption for underwriting, and plans to add 30-40 branches annually. Co-lending regulatory issues should be fully resolved by June 2026, enabling resumed growth in that segment.
The company delivered strong profitability growth with improving asset quality and maintained its multi-year growth trajectory. Management's 25% AUM growth guidance for FY27 and spread maintenance in the 5-5.25% range signals confidence in sustaining returns. The strong capital position (CRAR 44.1%) provides ample headroom for growth.