Home First Finance Company reported a strong performance for the quarter and year ended March 31, 2026. The company achieved a 24.9% year-on-year growth in Assets Under Management, reaching ₹15,878 crore. Quarterly disbursements hit an all-time high of ₹1,572 crore. Profit After Tax rose by 42.7% year-on-year to ₹149 crore for the quarter, reflecting disciplined execution and sustained business momentum across its affordable housing markets.
Financial Highlights
The company demonstrated significant financial strength in Q4FY26. Total income for the quarter stood at ₹505 crore, representing a 21.3% year-on-year increase. Profitability also saw substantial gains, with Profit After Tax (PAT) reaching ₹149 crore, a 42.7% growth compared to the same period last year. For the full financial year FY26, the company reported a total PAT of ₹540 crore, marking a 41.4% increase over the previous year.
Operational Performance
Assets Under Management (AUM) reached ₹15,878 crore, driven by strong growth in originations. Disbursement activity remained aggressive, with a record high of ₹1,572 crore during the quarter. The company has continued to expand its footprint, now operating 171 branches and 373 touchpoints across 13 states and union territories. The workforce was also expanded to 1,855 employees to support this scaling effort.
Asset Quality and Risk Management
Asset quality showed material improvement, with Gross Stage 3 (GNPA) reducing to 1.8%, an improvement of 20 bps on a quarter-on-quarter basis. Early-stage delinquencies also trended downwards, with 1+ DPD at 4.7% and 30+ DPD at 3.2%. The company maintains a cautious and disciplined risk management approach, with credit costs steady at 40 bps for the quarter.
Future Outlook
Looking ahead to FY27, the management remains optimistic about delivering approximately 25% year-on-year AUM growth. This growth is expected to be supported by further distribution expansion, deeper integration of technology, and a diversified funding strategy. The company remains committed to its mission of serving low and middle-income home buyers, with approximately 70% of its customer base falling within the EWS/LIG categories.
Source: BSE
