Home First Finance Company India Limited reported a strong financial performance for FY26, marked by a 41.4% year-on-year growth in profit after tax (PAT) to INR 540 crore. The company achieved record disbursements in Q4 FY26 of INR 1,572 crore. With assets under management reaching INR 15,878 crore, the company remains well-capitalized and focused on maintaining a growth trajectory of approximately 25% for the upcoming fiscal year.
Financial Highlights
The company delivered a resilient performance throughout FY26, characterized by significant growth in its core metrics. For the full year, the PAT grew by 41.4%. The assets under management (AUM) expanded to INR 15,878 crore, representing a 24.9% year-on-year increase. The Q4 FY26 disbursement was the highest on record at INR 1,572 crore, an increase of 23.5% year-on-year.
Asset Quality and Operational Efficiency
Management highlighted a marked improvement in asset quality during the final quarter. 1+ DPD improved to 4.7%, down 60 basis points sequentially, while Gross Stage 3 assets improved to 1.8%. Operational efficiency remained a priority, with the cost-to-income ratio for FY26 improving to 32.5%, reflecting a 330 basis points year-on-year improvement.
Strategic Outlook and Expansion
The company continues to invest in its distribution and technology infrastructure, adding 6 new branches and 5 touch points during the quarter. The current network stands at 171 branches and 373 touch points. Looking ahead to FY27, the management expects to sustain an AUM growth of around 25%, supported by a two-pronged strategy of increasing branch density in existing markets and exploring select new locations. The company maintains a spread guidance of 5% to 5.25%, supported by a fully floating-rate asset book.
Technology and Sustainability
Technology continues to be a central differentiator, with the company leveraging a deep-rooted digital infrastructure to operationalize AI agents for income assessment and bank statement analysis. Furthermore, the company’s commitment to sustainability is evidenced by its green homes initiative, which saw the cumulative certification of 450 homes as of March 2026.
Source: BSE
