Home First Finance Company India Limited — Updates, 28-01-2025: Press Release

**Financial Highlights**: Home First Finance Company India Ltd reported a robust performance with Assets Under Management (AUM) increasing to ₹11,949 Cr, marking a year-on-year growth of 32.6% and a quarter-on-quarter growth of 6.4%. Total income rose by 35.4% to ₹407 Cr, while Profit After Tax (PAT) increased by 23.5% to ₹97 Cr, resulting in a Return on Assets (ROA) of 3.4% and Return on Equity (ROE) of 16.6%.

**Strategic Initiatives and Growth Drivers**: The company continues to expand its distribution network, reaching 149 branches in 13 states and enhancing liquidity to ₹3,486 Cr. Plans are in place to raise equity capital of up to ₹1,250 Cr to support growth ambitions toward an AUM target of ₹20,000 Cr by March 2027.

**Business Developments**: The company emphasized its commitment to affordable housing along with partnerships in government initiatives. The workforce increased significantly to drive further expansion, demonstrating a proactive growth strategy.

**Market Position and Competitive Advantage**: Home First’s focus on low and middle-income segments enhances its competitive advantage, with a home loan mix of 84% in its AUM. Strong asset quality metrics underscore its solid market positioning.

**Investor Implications**: With strong financial results and strategic growth initiatives, Home First presents a positive outlook for investors in the affordable housing finance sector, driven further by favorable government policies and an expanding market.