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Home First Finance reported a robust Q1FY27. Assets Under Management (AUM) grew 25.7% YoY to ₹16,938 Cr, with disbursements hitting a record ₹1,628 Cr, up 31% YoY. Profit after Tax (PAT) rose 34.5% YoY to ₹160 Cr, reflecting broad-based growth across geographies and channels. The company maintains healthy asset quality, with Gross Stage 3 at 1.8% and 30+ DPD at 3.2%.
Strategic focus areas include network expansion, adding 4 new branches for a total of 175, and a strong tech-driven model, ensuring 85% loan approvals within 48 hours. Digital adoption is high, with 96% of customers on the app. Recent developments include certifying 100 new Green Homes, bringing the total to 550, and securing significant funding from DFC ($75 Mn for women borrowers) and IFC (₹280 Cr for affordable/green housing).
Key financial metrics show Return on Assets (ROA) at 4.2% and Return on Equity (ROE) at 14.5%, with resilient spreads of 5.3%. A strong liquidity buffer of ₹2,272 Cr underpins operations. Management remains optimistic about the affordable housing sector, aiming for ~25% AUM growth while prioritizing profitability and portfolio quality.
All announcements from Home First Finance Company India Limited