Home First Finance Company India Ltd.
HOMEFIRSTFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
23 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 23 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20210223 | 2020-12-31 | yes | |
| TRANSCRIPT | 20210512 | 2021-03-31 | yes | |
| TRANSCRIPT | 20210810 | 2021-06-30 | yes | |
| TRANSCRIPT | 20211111 | 2021-09-30 | yes | |
| TRANSCRIPT | 20220209 | 2021-12-31 | yes | |
| TRANSCRIPT | 20220511 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220802 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221027 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230201 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230509 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230803 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231103 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240124 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240515 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240802 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241101 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250204 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250508 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250804 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251108 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260130 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260512 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260804 | 2026-06-30 | yes |
HOMEFIRST
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | nbfc |
| Scope served | standalone |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 1,157.50 |
| 52-week range | 904.8 – 1280.1 |
| Return 1M | -2.84% |
| Return 3M | -2.87% |
| Return 1Y | -9.49% |
| Return 3Y | 37.89% |
| Return 5Y | 92.26% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 538.00 |
| Other income | 2.00 |
| Total income | 540.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 76.00 |
| Finance costs | 208.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.07 | -0.00 |
| institutions foreign | 0.44 | -0.02 |
| institutions domestic | 0.30 | 0.02 |
| mutual funds | 0.22 | 0.02 |
| public | 0.93 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 23 |
Financial statements
Filed results, standalone, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-06-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 169.00 | 205.00 | 227.00 | 255.00 | 273.00 | 296.00 | 313.00 | 336.00 | 374.00 | 406.00 | 415.00 | 454.00 | 477.00 | 482.00 | 501.00 | 538.00 |
| Other income | 0.00 | 0.00 | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 3.00 | 2.00 |
| Total income | 169.00 | 206.00 | 231.00 | 260.00 | 278.00 | 301.00 | 318.00 | 341.00 | 375.00 | 407.00 | 416.00 | 455.00 | 479.00 | 484.00 | 505.00 | 540.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 26.00 | 27.00 | 27.00 | 36.00 | 37.00 | 39.00 | 37.00 | 42.00 | 50.00 | 51.00 | 52.00 | 60.00 | 60.00 | 64.00 | 65.00 | 76.00 |
| Finance costs | 61.00 | 80.00 | 93.00 | 107.00 | 117.00 | 130.00 | 146.00 | 157.00 | 176.00 | 193.00 | 190.00 | 200.00 | 203.00 | 194.00 | 195.00 | 208.00 |
| Depreciation and amortisation | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Other expenses | 11.00 | 15.00 | 18.00 | 17.00 | 17.00 | 19.00 | 19.00 | 20.00 | 19.00 | 20.00 | 24.00 | 22.00 | 24.00 | 24.00 | 28.00 | 26.00 |
| Total expenses | 103.00 | 130.00 | 147.00 | 170.00 | 182.00 | 198.00 | 207.00 | 228.00 | 254.00 | 278.00 | 278.00 | 299.00 | 306.00 | 301.00 | 310.00 | 332.00 |
| Profit before exceptional items and tax | 66.00 | 76.00 | 84.00 | 90.00 | 96.00 | 103.00 | 111.00 | 114.00 | 121.00 | 130.00 | 138.00 | 156.00 | 173.00 | 183.00 | 195.00 | 208.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 66.00 | 76.00 | 84.00 | 90.00 | 96.00 | 103.00 | 111.00 | 114.00 | 121.00 | 130.00 | 138.00 | 156.00 | 173.00 | 183.00 | 195.00 | 208.00 |
| Current tax | 16.00 | 19.00 | 20.00 | 20.00 | 23.00 | 24.00 | 27.00 | 25.00 | 26.00 | 32.00 | 30.00 | 38.00 | 41.00 | 42.00 | 45.00 | 50.00 |
| Deferred tax | -1.00 | -2.00 | -0.00 | 1.00 | -1.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 3.00 | -0.00 | 1.00 | 0.00 | 0.00 | -2.00 |
| Tax expense | 15.00 | 17.00 | 20.00 | 21.00 | 22.00 | 24.00 | 27.00 | 26.00 | 28.00 | 32.00 | 33.00 | 38.00 | 41.00 | 43.00 | 46.00 | 48.00 |
| Profit for the period | 51.00 | 59.00 | 64.00 | 69.00 | 74.00 | 79.00 | 83.00 | 88.00 | 93.00 | 97.00 | 105.00 | 119.00 | 132.00 | 140.00 | 149.00 | 160.00 |
| Other comprehensive income | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -1.00 | 1.00 | -1.00 | 0.00 | 6.00 |
| Total comprehensive income | 51.00 | 59.00 | 64.00 | 69.00 | 74.00 | 79.00 | 84.00 | 88.00 | 93.00 | 97.00 | 105.00 | 118.00 | 133.00 | 139.00 | 149.00 | 166.00 |
| Earnings per share, basic | 5.85 | 6.69 | 7.28 | 7.85 | 8.43 | 8.93 | 9.43 | 9.90 | 10.36 | 10.90 | 11.65 | 11.69 | 12.76 | 13.52 | 14.35 | 15.31 |
| Earnings per share, diluted | 5.70 | 6.53 | 7.06 | 7.61 | 8.17 | 8.65 | 9.16 | 9.65 | 10.07 | 10.65 | 11.45 | 11.48 | 12.53 | 13.34 | 14.22 | 15.19 |
| Interest earned | 155.00 | 190.00 | 205.00 | 231.00 | 249.00 | 265.00 | 283.00 | 303.00 | 333.00 | 356.00 | 363.00 | 394.00 | 409.00 | 429.00 | 432.00 | 462.00 |
| Fees and commission income | 2.00 | 3.00 | 4.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 10.00 | 15.00 | 17.00 | 19.00 | 21.00 | 20.00 | 22.00 | 23.00 |
| Net gain on fair value changes | 2.00 | 4.00 | 7.00 | 7.00 | 6.00 | 8.00 | 11.00 | 10.00 | 10.00 | 12.00 | 3.00 | 14.00 | 20.00 | 5.00 | 10.00 | 14.00 |
| Dividend income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Annual results, as filed
| Line | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Revenue from operations | 477.00 | 596.00 | 791.00 | 1,137.00 | 1,530.00 | 1,915.00 |
| Other income | 12.00 | 0.00 | 5.00 | 19.00 | 9.00 | 8.00 |
| Total income | 489.00 | 596.00 | 796.00 | 1,157.00 | 1,539.00 | 1,923.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 66.00 | 81.00 | 107.00 | 148.00 | 194.00 | 249.00 |
| Finance costs | 220.00 | 216.00 | 304.00 | 500.00 | 715.00 | 792.00 |
| Depreciation and amortisation | 8.00 | 8.00 | 9.00 | 12.00 | 16.00 | 19.00 |
| Other expenses | 29.00 | 40.00 | 58.00 | 71.00 | 84.00 | 98.00 |
| Total expenses | 355.00 | 369.00 | 500.00 | 757.00 | 1,038.00 | 1,215.00 |
| Profit before exceptional items and tax | 134.00 | 226.00 | 295.00 | 400.00 | 502.00 | 708.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 134.00 | 226.00 | 295.00 | 400.00 | 502.00 | 708.00 |
| Current tax | 29.00 | 45.00 | 71.00 | 94.00 | 114.00 | 166.00 |
| Deferred tax | 5.00 | -4.00 | -5.00 | -0.00 | 6.00 | 1.00 |
| Tax expense | 34.00 | 40.00 | 67.00 | 94.00 | 120.00 | 167.00 |
| Profit for the period | 100.00 | 186.00 | 228.00 | 306.00 | 382.00 | 540.00 |
| Other comprehensive income | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -1.00 |
| Total comprehensive income | 100.00 | 186.00 | 228.00 | 305.00 | 382.00 | 540.00 |
| Earnings per share, basic | 24.74 | 21.26 | 26.01 | 34.65 | 42.83 | 52.35 |
| Earnings per share, diluted | 24.36 | 20.85 | 25.20 | 33.67 | 42.07 | 51.59 |
| Interest earned | 424.00 | 512.00 | 722.00 | 1,028.00 | 1,354.00 | 1,664.00 |
| Fees and commission income | 4.00 | 1.00 | 10.00 | 10.00 | 45.00 | 83.00 |
| Net gain on fair value changes | 0.00 | 14.00 | 18.00 | 32.00 | 35.00 | 49.00 |
| Dividend income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, as filed
| Line | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Total assets | 6,737.00 | 8,043.00 | 9,534.00 | 11,309.00 | 12,212.00 | 13,811.00 | 15,167.00 |
| Property, plant and equipment | 25.00 | 26.00 | 30.00 | 31.00 | 45.00 | 47.00 | 54.00 |
| Capital work-in-progress | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 2.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and cash equivalents | 236.00 | 415.00 | 580.00 | 748.00 | 599.00 | 799.00 | 449.00 |
| Total equity and liabilities | 6,737.00 | 8,043.00 | 9,534.00 | 11,309.00 | 12,212.00 | 13,811.00 | 15,167.00 |
| Equity | 1,817.00 | 1,947.00 | 2,121.00 | 2,289.00 | 2,521.00 | 4,014.00 | 4,357.00 |
| Equity share capital | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 21.00 | 21.00 |
| Other equity | 1,800.00 | 1,929.00 | 2,104.00 | 2,272.00 | 2,503.00 | 3,994.00 | 4,336.00 |
| Total liabilities | — | — | — | — | 9,690.00 | 9,797.00 | 10,810.00 |
Cash flow, as filed
| Line | 2022-03-31 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -807.00 | -1,451.00 | -913.00 | -1,908.00 | -1,142.00 | -2,198.00 | -920.00 | -1,940.00 |
| Net cash from investing activities | 804.00 | -284.00 | -73.00 | -217.00 | -240.00 | -0.00 | -152.00 | -408.00 |
| Net cash from financing activities | 411.00 | 1,353.00 | 1,166.00 | 2,470.00 | 1,550.00 | 2,217.00 | 1,272.00 | 2,197.00 |
| Purchase of property, plant and equipment | 4.00 | 7.00 | 3.00 | 8.00 | 5.00 | 12.00 | 5.00 | 10.00 |
| Net increase in cash | 408.00 | -382.00 | 179.00 | 345.00 | 168.00 | 19.00 | 200.00 | -150.00 |
| con:CFO.BEFORE_TAX | -1,017.00 | -1,763.00 | -1,079.00 | -2,333.00 | -1,413.00 | -2,709.00 | -1,265.00 | -2,687.00 |
| con:INTEREST_RECEIVED.OPERATING | 477.00 | 682.00 | 447.00 | 1,024.00 | 633.00 | 1,337.00 | 792.00 | 1,647.00 |
| con:INTEREST_PAID.OPERATING | 223.00 | 299.00 | 240.00 | 509.00 | 311.00 | 718.00 | 362.00 | 764.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 44.00 | 72.00 | 41.00 | 90.00 | 53.00 | 109.00 | 85.00 | 135.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-04-11 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 30.21 | 30.19 | 23.60 | 23.56 | 23.45 | 23.38 | 14.31 | 14.25 | 12.47 | 12.43 | 0.12 | 0.12 | 0.07 | 0.07 |
| Domestic institutions | 10.00 | 9.96 | 11.72 | 11.85 | 11.96 | 12.41 | 18.29 | 19.81 | 21.20 | 21.89 | 0.29 | 0.28 | 0.28 | 0.30 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 18.01 | 0.23 | 0.22 | 0.20 | 0.22 |
| Insurance companies | 0.41 | 0.40 | 0.64 | 0.67 | 1.38 | 0.99 | 1.92 | 1.64 | 1.82 | 2.02 | 0.03 | 0.04 | 0.05 | 0.05 |
| Foreign institutions | 17.55 | 17.02 | 24.84 | 25.09 | 24.74 | 25.58 | 37.91 | 36.00 | 36.53 | 37.19 | 0.40 | 0.41 | 0.46 | 0.44 |
| Government | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 |
| Public | 69.79 | 69.81 | 76.40 | 76.44 | 76.55 | 76.62 | 85.69 | 85.75 | 87.53 | 87.57 | 0.88 | 0.88 | 0.93 | 0.93 |
| Non-institutional | 42.23 | 42.83 | 39.84 | 39.50 | 39.85 | 38.62 | 29.49 | 29.93 | 29.80 | 28.49 | 0.19 | 0.19 | 0.20 | 0.19 |
| Shares outstanding | 88108094 | 88172052 | 88352034 | 88516167 | 88910643 | 89171274 | 89679747 | 90055540 | 102942137 | 103243415 | 103560579 | 103923212 | 104328017 | 104525221 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Mr. Manoj Viswanathan | Managing Director and Chief Execut | Any other transaction, Remuneration | 32,150,000.00 | 2 |
| Ms. Nutan Gaba Patwari | Chief Financial Officer | Any other transaction, Remuneration | 23,200,000.00 | 2 |
| Mr. Shreyans Bachhawat | Company Secretary | Any other transaction, Remuneration | 5,510,000.00 | 2 |
| Ms. Sucharita Mukherjee | Independent Director | Remuneration | 800,000.00 | 1 |
| Ms. Geeta Dutta Goel | Independent Director | Remuneration | 700,000.00 | 1 |
| Mr. Anuj Srivastava | Independent Director | Remuneration | 600,000.00 | 1 |
| Mr. Deepak Satwalekar | Independent Director | Remuneration | 200,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-04 | Q1FY27 | Read the call | |
| 2026-05-12 | Q4FY26 | LIMITED | Read the call |
| 2026-01-30 | Q3FY26 | Read the call | |
| 2025-11-08 | Q2FY26 | Read the call | |
| 2025-08-04 | Q1FY26 | Limited. | Read the call |
| 2025-05-08 | Q4FY25 | Disclaimer:, recorded. | Read the call |
| 2025-02-04 | Q3FY25 | Read the call | |
| 2024-11-01 | Q2FY25 | Read the call | |
| 2024-08-02 | Q1FY25 | Read the call | |
| 2024-05-15 | Q4FY24 | Read the call | |
| 2024-01-24 | Q3FY24 | Read the call | |
| 2023-11-03 | Q2FY24 | Read the call | |
| 2023-08-03 | Q1FY24 | Read the call | |
| 2023-05-09 | Q4FY23 | Read the call | |
| 2023-02-01 | Q3FY23 | LIMITED | Read the call |
| 2022-10-27 | Q2FY23 | Read the call | |
| 2022-08-02 | Q1FY23 | Mr. Manish Kayal, Mr. Manoj Viswanathan, Ms. Nutan Gaba Patwari | Read the call |
| 2022-05-11 | Q4FY22 | Read the call | |
| 2022-02-09 | Q3FY22 | Read the call | |
| 2021-11-11 | Q2FY22 | MR. MANISH KAYAL, MR. MANOJ VISWANATHAN, MS. NUTAN GABA PATWARI, MS. VIDULA WORLIKAR | Read the call |
| 2021-08-10 | Q1FY22 | MR. MANISH KAYAL, MR. MANOJ VISWANATHAN, MS. NUTAN GABA PATWARI, MS. VIDULA WORLIKAR | Read the call |
| 2021-05-12 | Q4FY21 | LIMITED | Read the call |
| 2021-02-23 | Q3FY21 | Read the call |
What they said about it, quarter by quarter
| Topic | Q3FY25 | Q3FY26 | Q4FY21 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | — | — | — | — | — | — | — |
| Capital allocation | — | And what will be the key, let us say, steps or acquisition strategies to increase the number of active connectors or even connectors? | — | — | So, this quarter we've also come up with a dividend payout. | — | And in all these digital partnerships also, the focus is on new acquisition only. | — |
| Costs | — | — | — | — | — | — | — | — |
| Debt and cash | Generally, the reasons our customers default is mismatches in cash flows. | Typically, when there is a stress in the family, like somebody has lost the job or there is a sudden medical expense that has come up, they need immed… | — | — | — | — | — | — |
| Demand | — | We have about 6-8 branches in the pipeline. | I think most of the customers have realized that they can continue to operate through the pandemic by taking some precautions so I think both the coll… | We do not see a much of a challenge in retaining the spreads, and because the demand on the ground is very strong and customers generally recalibrate … | It could be economic, it could be macro, but I'm just trying to see what portion of your customers based on the interactions that your field officers … | There are, of course, a certain proportion of transactions, especially on the resale transactions, where the customers themselves require demand draft… | As far as the overall market is concerned for FY26, we think it should be another year of good or decent demand because affordable housing demand has … | But the first question is more around, if you look at this financial year, which we just ended, the first part of the year was a little bit about weak… |
| Guidance | Do we expect to sustain a similar kind of growth rate looking at the branch presence as well as the district penetration? | And again, for the next year, we have given the guidance of 25% growth on AUM. | Okay and can we expect the average ticket size to grow by next financial year and may I know some approximate number, which can we probably see by nex… | We have been guiding for 4.75% to 5% of spread in a steady state environment. | So, we expect that with this increase in yield, the Q1 yield will close around 13.7% to 13.8%. | So, I think you are guiding for 5%, 5.25% in that range but if I look at your incremental spreads, it's around 4.7%, right? | I mean, is that a fair assumption with lower end of the guidance is at 5%? | Do you foresee, although your incremental cost of borrowing has come down and Home First Finance Company India Limited May 07, 2026 your guidance sust… |
| Margin | The margin on the entire loan generally tends to be around between 1% to 1.5%. | — | First is on the opex side, one understanding is you will see some amount of operating leverage, but on the other side you are expanding sort of phygit… | Yes, it will definitely be accretive to the overall margin profile whether we will be able to book it in interest income or other income line that nee… | And in light of that, how confident are you that this 50 basis points of PLR hike that you've taken in April 2023, to what extent will you be able to … | They add a small margin to that and then they lend to us. | So, the trend should reverse and the margin should be maintained on the book. | So assume that this run rate continues, will it exert some pressure on the margin side, because I assume that even in the high-ticket-size loans, comp… |
| People | — | Is that because of high attrition that is continuing for the larger industry as well as for you? | — | So then what will be the operational changes that we will be making because we have been hiring the MBA graduates, so then I mean you have to attract … | We can further optimize some of our cash utilization. | We hire almost 90% of our hiring as freshers. | Will you continue at this rate or will the hiring tone down materially compared to 31% growth rate in FY25? | We are not distracted with any positions to be filled or any attrition, and so on and so forth. |
| Pricing | — | In terms of pricing, pricing remains pretty Home First Finance Company India Limited January 23, 2026 comparable to the banks. | Second question is on asset view, we have heard from competitors like Aavas has been proactively cut their prime lending rates in 4Q and will do anoth… | Reason is that this really comes down to liquidity strategy of the company and at what pricing we want to do the transactions. | — | What we're experiencing is that the private banks are able to continue to maintain the pricing. | Are we seeing any competitive pressure, pricing pressure out there or any delinquency issue? | Or would we continue with our pricing strategy that we have as of today? |
| Revenue growth | If the number was INR 25 crore to INR 30 crore higher, it would have been a sequential growth of about 4% - 5%, which finally stood at about 1.5%, whi… | — | — | So, we are basically looking at an AUM growth of about 30%. | Yes, sir, we are targeting AUM growth of about 30% over the next 2, 3 years. | — | If I were to calculate growth on a sequential basis, we are seeing some moderation in growth of Tamil Nadu market. | And it would have further dropped a little bit in this last year because the growth was very muted in Tamil Nadu. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2021-08-10 | Q1FY22 | MS. NUTAN GABA PATWARI | 7.2% blended is because we have a high share of NHB, now the NHB borrowing is a seasonal through Q3 and Q4 essentially, so given that our marginal rate now it is around 7.6%, once the NHB loans comes for FY22, we will again see some relaxation there, so overall we should be able to stay in this range provided the interest environment stays here. |
| 2021-08-10 | Q1FY22 | MR. MANOJ VISWANATHAN | The pre-COVID levels credit cost has been in the region of 40 basis points, this year likely to be slightly higher because the COVID impact is still not fully played out, so we anticipate somewhere between 60-80 basis points in that range for this year and then from next year, it should normalize. |
| 2021-08-10 | Q1FY22 | MR. MANOJ VISWANATHAN | Chandra, the disbursement momentum has come back quite sharply and so this quarter we should be able to get to at least the previous quarter levels or more actually, so that is where we are, I mean to your question of whether we will be able to get to that I think you are saying Rs 180 Crores monthly average, so which is about 2000 Crores for the year, we are fairly confident of reaching those numbers. |
| 2021-11-11 | Q2FY22 | MS. NUTAN GABA PATWARI | We expect this ratio to remain around 3% for FY22; as we focus on expansion in H2. |
| 2021-11-11 | Q2FY22 | MR. MANOJ VISWANATHAN | Our ambition is get to 30% year-on-year growth rate and we want to maintain that with good portfolio quality and build a good trustworthy brand so that is really what we are aiming for and we are on track to reach those kinds of numbers. |
| 2021-11-11 | Q2FY22 | MR. MANOJ VISWANATHAN | We should see it normalizing to 10%. |
| 2022-08-02 | Q1FY23 | Ms. Nutan Gaba Patwari | As guided earlier, we expect this ratio to remain in the range of 3.0%-3.2% going ahead; as we focus on expansion. Cost to income at 35.8% in Q1FY23 was flat on qoq basis. Q1FY23 PPOP stands at Rs 70 Crs, growth of 6.1% on qoq and 15.2% on yoy basis. Credit cost at 0.3% is within our expected range. Our ECL provision stands at 1.0% of the total POS. We continue to be conservative with the provisions. |
| 2022-08-02 | Q1FY23 | Mr. Manoj Viswanathan | What we are seeing is that once the full transmission happens then we should be looking at 5.25% kind of spread and correspondingly minor moderation on the NIM. |