Home First Finance Company has reported a strong performance for the financial year ended March 31, 2026. The company achieved a profit after tax of ₹5,403.83 million, reflecting substantial growth. Driven by this positive momentum, the Board of Directors has recommended a final dividend of ₹5.20 per equity share, representing a 260% payout on the face value. Additionally, the company announced strategic leadership reappointments and authorized a ₹1,000 crore debenture issuance.
Financial Performance Highlights
Home First Finance Company has demonstrated robust growth for the fiscal year ending March 31, 2026. The company reported a total income of ₹19,227.22 million for the year. Profitability also saw a significant increase, with the profit after tax reaching ₹5,403.83 million, up from ₹3,820.68 million in the previous year. For the final quarter of the fiscal year, the company recorded a profit after tax of ₹1,494.45 million.
Dividend and Capital Strategy
Reflecting the company’s strong financial health, the Board of Directors has recommended a dividend of ₹5.20 per equity share for the financial year 2026. This dividend, which is 260% of the face value of ₹2, is subject to approval by shareholders at the upcoming Annual General Meeting. Furthermore, the company has approved the issuance of Non-Convertible Debentures (NCDs) amounting to up to ₹1,000 crore through a private placement route to support ongoing operations.
Leadership and Governance Updates
The company has fortified its leadership team through several key reappointments. Ms. Geeta Dutta Goel and Mr. Anuj Srivastava have been reappointed as Non-Executive Independent Directors for a second term of five years, effective November 01, 2026. Additionally, the company is updating its audit framework by appointing M/s. Batliboi & Purohit as Joint Statutory Auditors for a three-year term starting from fiscal year 2026-27, while also reappointing a team of specialized firms for internal audit functions.
Source: BSE