Home First Finance Company has reported strong results for the quarter and year ended March 31, 2026. The company achieved a profit after tax of ₹5,403.83 million for the full financial year. Reflecting this growth, the Board has recommended a final dividend of ₹5.20 per equity share, representing 260% of the face value. Furthermore, the company announced strategic leadership appointments and plans to raise funds through non-convertible debentures.
Financial Performance for FY 2026
For the financial year ended March 31, 2026, Home First Finance Company recorded a total income of ₹19,227.22 million. The company’s profit after tax for the same period stood at ₹5,403.83 million, showing significant growth compared to the previous year. For the final quarter, the company reported a net profit of ₹1,494.45 million.
Dividend Recommendation
Driven by robust annual performance, the Board of Directors has recommended a dividend of ₹5.20 per equity share (at a face value of ₹2 per share). This translates to a 260% payout, subject to approval by shareholders at the upcoming Annual General Meeting. If approved, the dividend will be credited to eligible shareholders within 30 days of the meeting.
Corporate Strategy and Leadership Updates
The company continues to bolster its governance and operational framework. Key highlights include:
- Leadership Continuity: The Board approved the re-appointment of Independent Directors Ms. Geeta Dutta Goel and Mr. Anuj Srivastava for a second five-year term, effective November 01, 2026.
- Audit Appointments: M/s. Batliboi & Purohit have been appointed as joint statutory auditors for a 3-year term, while various internal auditors were re-appointed for the upcoming fiscal year.
- Fundraising: The Board authorized the issuance of Non-Convertible Debentures (NCDs) via private placement, for an amount not exceeding ₹1,000 crore to support business growth.
Operational Highlights
The company maintains a focus on its core affordable housing finance business. As of March 31, 2026, the company reported a robust loan book of ₹1,31,326.13 million. The management continues to prioritize asset quality and sustainable growth in the housing finance sector, keeping a close watch on evolving regulatory requirements and the integration of the New Labour Codes.
Source: BSE
