Home First Finance Company India Limited has announced its financial results for the second quarter of fiscal year 2027, reporting a 29.1% year-on-year increase in Profit After Tax (PAT) to ₹170 crore. This strong performance was driven by record disbursements of ₹1,705 crore, a 32.2% rise over the previous year. Assets Under Management (AUM) also grew by 27.0% year-on-year to ₹18,010 crore.
Home First Finance Reports Robust Q2 FY27 Performance
Home First Finance Company India Limited (HomeFirst) has announced its financial and operational performance for the quarter and half-year ended September 30, 2026. The company delivered a strong operating performance, marked by healthy business momentum, sustained profitability, and stable asset quality.
Key Financial Highlights for Q2 FY27
Record Disbursements and AUM Growth
The company achieved its highest ever disbursements, reaching ₹1,705 crore in Q2 FY27, reflecting a significant year-on-year growth of 32.2% and a sequential growth of 4.7%. Assets Under Management (AUM) crossed ₹18,000 crore, standing at ₹18,010 crore, an increase of 27.0% year-on-year and 6.3% quarter-on-quarter. This growth was fueled by healthy customer demand and deeper market penetration.
Profitability and Earnings
Profit After Tax (PAT) saw a substantial increase of 29.1% year-on-year and 6.5% sequentially, reaching ₹170 crore. Net Total Income grew by 23.9% year-on-year to ₹343 crore. Return on Assets (ROA) remained strong at 4.2%, and Return on Equity (ROE) stood at 14.9%.
Asset Quality and Operational Efficiency
Asset quality remained stable, with 1+ DPD at 4.7% and 30+ DPD at 3.2%. Gross Stage 3 (GNPA) was reported at 1.7%, lower by 10 basis points quarter-on-quarter. The company also enhanced its operational efficiency, with the cost-to-income ratio improving to 30.8% from 32.7% in the previous quarter.
Expansion and Strategic Initiatives
HomeFirst continued to expand its reach, adding six branches during the quarter, bringing its total network to 181 branches and 379 touchpoints. The company also progressed with its Green Homes initiative, certifying an additional 100 homes, bringing the cumulative total to 650.
The company’s commitment to ESG principles was recognized with the ‘ESG & Financial Inclusion’ award in the NBFC category at ASSOCHAM’s 21st Annual Summit & Awards.
Outlook
Looking ahead, HomeFirst aims to sustain growth momentum, preserve portfolio quality, protect profitability, and improve operating efficiency. The company sees substantial long-term opportunities in affordable housing finance, supported by unmet housing demand and increasing formalisation of incomes.
Source: BSE
