Home First Finance Company India Limited (HFFC) has reported robust financial growth for the financial year ended March 31, 2026. The company achieved a significant rise in net profit to ₹5,403.83 million, compared to ₹3,820.68 million in the previous year. Consequently, the Board has recommended a dividend of ₹5.20 per equity share, representing 260% of its face value, subject to shareholder approval at the upcoming Annual General Meeting.
Financial Highlights
The company demonstrated strong operational performance throughout the fiscal year. Total revenue from operations reached ₹19,145.89 million for the year ended March 31, 2026, a substantial increase from the ₹15,299.47 million reported in the prior fiscal year. Profit after tax saw a healthy growth, climbing to ₹5,403.83 million, reflecting the company’s sustained profitability in the affordable housing finance segment.
Dividend Recommendation
Acknowledging the company’s strong performance, the Board of Directors has recommended a dividend of ₹5.20 per equity share (on a face value of ₹2 each) for the financial year 2026. This dividend is subject to approval by shareholders at the ensuing Annual General Meeting. If declared, the payment will be credited to eligible shareholders within 30 days of the meeting’s conclusion.
Strategic Corporate Updates
During the meeting, the company also approved several key strategic and administrative actions:
- Director Re-appointments: Ms. Geeta Dutta Goel and Mr. Anuj Srivastava have been re-appointed as Non-Executive Independent Directors for a second term of five years, effective November 01, 2026.
- Auditor Appointment: The Board approved the appointment of M/s. Batliboi & Purohit as Joint Statutory Auditors for a three-year term, beginning in the financial year 2026-27.
- Debt Issuance: Approval was granted to raise funds through the issuance of Non-Convertible Debentures (NCDs) in one or more tranches, totaling up to ₹1,000 crore, via private placement.
Operational Focus
Home First Finance continues to maintain its strategic focus on the affordable housing segment in India. The company reported no separate reportable business segments, confirming its unified focus on its core mortgage-based lending activities. As of March 31, 2026, the company successfully managed a robust loan book, supported by its ongoing co-lending arrangements and efficient capital management strategies.
Source: BSE
