HomeFirst reported a strong Q3FY26, with Assets Under Management (AUM) reaching ₹14,925 Cr, a 24.9% year-on-year increase. Disbursement hit a new high of ₹1,318 Cr, up 10.5% y-o-y. Profit After Tax (PAT) grew by 44.0% y-o-y to ₹140 Cr, resulting in a Return on Assets (RoA) of 4.0%. The company maintains a stable asset quality and disciplined risk management.
Key Financial Highlights for Q3FY26
HomeFirst Finance Company India Limited announced robust financial results for Q3FY26, demonstrating substantial growth across key metrics.
Assets Under Management (AUM)
AUM reached ₹14,925 Cr, reflecting a strong growth of 24.9% year-on-year and 5.3% quarter-on-quarter.
Disbursements
Disbursements reached a new high of ₹1,318 Cr, showcasing a 10.5% year-on-year increase.
Profitability
PAT grew significantly by 44.0% year-on-year to ₹140 Cr. Return on Assets (ROA) stood at 4.0%.
Asset Quality
The company maintained stable asset quality:
- Gross Stage 3 (GNPA) was at 2.0%.
- Credit cost remained controlled at 40 bps for the quarter.
Additional Key Metrics
- Total Income: ₹484 Cr, up 18.7% year-on-year.
- Net Total Income growth of 34.8% YoY to ₹290 Cr.
Distribution Network Expansion
The company expanded its distribution network, increasing the total number of branches to 165. Total touchpoints increased to 368.
Capital Adequacy
The company reported a strong capital adequacy position. Total CRAR stood at 49.0%, with Tier I capital at 48.6%.
Management Commentary
Manoj Viswanathan, MD & CEO, commented on the company’s performance, highlighting the resilience of the Indian economy and HomeFirst’s commitment to responsible growth and disciplined risk management. He expressed confidence in achieving a 25% AUM growth year-on-year, supported by distribution and technology.
Source: BSE
