Home First Finance Company India Ltd.
NSE: HOMEFIRSTHome First Finance Company India Ltd.: A 30-second snapshot
Home First Finance Company (HOMEFIRST) is a housing finance company trading at ₹1,088.20, with a trailing PE of 20.9x and forward PE of 14.0x. The company reported 24.9% AUM growth and 41.4% PAT growth for FY26, yet the stock is 4.87% lower over 12 months and 28.4% below its 52-week high. Quality score of 61/100 ranks first among 6 sector peers, with ROE of 15.71% and a 5-year revenue CAGR of 32.3%.
P/E
20.9
Forward P/E
14.0
ROE
+15.7%
Debt / Equity
243.08
Profit Margin
+50.3%
Div. Yield
+0.3%
5Y ROE > 15%
1/5
5Y FCF > 0
0/5
Quality
61/100
News
8 headlines · 4 positive · 0 negative
HOMEFIRST: Record profit growth, robust asset quality, and 25% AUM growth guidance for FY 2027 - TradingView
TradingView
Home First Finance Company India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 - marketscreener.com
marketscreener.com
Home First Finance Delivers Strong FY26 Growth With Improved Asset Quality - TipRanks
TipRanks
HOMEFIRST: FY26 saw 24.9% AUM growth and 41.4% PAT increase, with robust asset quality and expansion plans - TradingView
TradingView
Home First Finance Company India Limited Recommends Dividend for Financial Year Ended March 31, 2026 - marketscreener.com
marketscreener.com
Recent context
- ·FY26 results (reported May 2026) showed 24.9% AUM growth and 41.4% PAT increase, with management guiding 25% AUM growth for FY27 and citing improved asset quality metrics.
- ·The board recommended a dividend for FY26, representing the company's first or continued shareholder return against a backdrop of zero FCF years in the recorded fundamental history.
- ·Mean analyst rating of 1.68 across 22 analysts (1–5 scale, lower = more constructive); 22 analysts are tracked by the data provider against the stock.
Strengths
- +Highest quality score among 6 sector peers at 61/100, ahead of Bajaj Finance (53), Axis Bank (53), and HDFC Bank (47), reflecting relatively stronger composite fundamentals.
- +5-year revenue CAGR of 32.3% and earnings CAGR of 23.5% reflect sustained top-line expansion in the affordable housing finance segment.
- +Profit margin of 50.34% is high in absolute terms, with FY26 results reporting a 41.4% PAT increase and 24.9% AUM growth — both ahead of the company's own prior guidance trajectory.
- +Forward PE of 14.0x represents a 32.9% discount to trailing PE of 20.9x, implying the consensus earnings estimate for the next 12 months is materially above current-year earnings.
Weaknesses
- −D/E of 243.1 with a rising debt trend and 0 FCF-positive years in the available record — the lending book is entirely wholesale-funded, creating sensitivity to borrowing cost cycles.
- −ROE exceeded 15% in only 1 of available recorded years (consistency score 42/100), suggesting the current 15.71% reading is not yet a demonstrated sustained level.
- −Stock is 6.6% below the 200-DMA (₹1,164.48) with a 28.4% drawdown from the 52-week high, underperforming over 1 year (-4.87%) and 3 months (-6.97%) despite positive earnings.
- −Sector peer 1-year price return data is unavailable for all 5 listed peers, limiting the ability to contextualize HOMEFIRST's recent price weakness as idiosyncratic versus sector-wide.
Open questions
- ?Does the 32.3% 5-year revenue CAGR reflect a structurally underpenetrated affordable housing segment, or does it depend on continued macro tailwinds such as low delinquency rates and stable wholesale funding costs?
- ?How has the NIM (net interest margin) and gross NPA ratio trended over the past 4 quarters, and what does the FY27 AUM guidance of 25% imply for the borrowing program size?
- ?The forward PE of 14.0x versus trailing PE of 20.9x implies a significant earnings step-up — what are the key assumptions (AUM growth, credit cost, opex leverage) embedded in consensus estimates?
- ?At what level of funding cost increase or credit cost deterioration would the ROE fall below its current 15.71%, and how does HOMEFIRST's liability mix compare to peers such as Bajaj Finance?
Peer comparison: Banking
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| HOMEFIRST | Home First Finance Company India Ltd.You're viewing | 20.9 | +15.7% | 61 |
| Industry avg | across 5 peers | 31.7 | +14.2% | 39 |
| AXISBANK | Axis Bank Ltd. | 14.7 | +13.2% | 53 |
| BAJFINANCE | Bajaj Finance Ltd. | 29.9 | +17.9% | 53 |
| HDFCBANK | HDFC Bank Ltd. | 17.1 | +13.8% | 47 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 28.3 | +14.6% | 23 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 68.5 | +11.3% | 20 |
Technical state
Current price
₹1,088.20
SMA 50
₹1,069.95
SMA 200
₹1,164.48
RSI (14)
43.6 (neutral)
From 52w high
-28.4%
1Y return
-4.9%
3M return
-7.0%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highD/E of 243.1 is elevated even for a housing finance company funded via wholesale borrowings; FCF was positive in 0 of available recorded years, and the debt trend is rising — a combination that leaves limited buffer if funding costs increase or credit markets tighten.
- mediumROE exceeded 15% in only 1 of the available recorded years; consistency score is 42/100. Despite a 5-year earnings CAGR of 23.5%, profitability persistence is thin relative to NBFC/banking peers such as Bajaj Finance (ROE 17.91%).
- mediumPrice is 6.6% below the 200-DMA (₹1,164.48) at ₹1,088.20, with a 28.4% drawdown from the 52-week high. 1-year price change is -4.87% and 3-month change is -6.97%, with RSI at 43.58 (neutral).
- lowNews sample covers only 8 articles concentrated in a 7-day window around the FY26 earnings release; longer-term sentiment cannot be assessed from this narrow window.
Cross-section contradictions
- FY26 reported 41.4% PAT growth and 24.9% AUM growth with no negative news articles (4 positive, 4 neutral), yet the 1-year price return is -4.87% and the stock sits 28.4% below its 52-week high — suggesting either the results were anticipated, or broader sector re-rating pressure offset company-level delivery.
- Profit margin of 50.34% is high in absolute terms, yet FCF was positive in 0 of available recorded years — a structural divergence in an AUM-growth model where earnings accrue on the book rather than generating free cash flow.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 24 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 16 May 2026 · rotates through NIFTY 500 every ~5 days