HomeFirst Finance Company India Q1 FY27 Results
HomeFirst Finance Company India Limited reported its standalone results for the first quarter of FY27. Assets under management (AUM) reached ₹16,938 crore, representing a 25.7 % increase year‑on‑year and a 6.7 % rise quarter‑on‑quarter from ₹15,878 crore in Q4 FY26. Disbursements hit a record ₹1,628 crore, up 31.0 % YoY and 3.6 % QoQ versus ₹1,572 crore in the prior quarter.
Total income rose to ₹540 crore, an 18.6 % YoY gain from ₹455 crore and a 7.0 % QoQ increase from ₹505 crore. Profit after tax (PAT) climbed 34.5 % YoY to ₹160 crore, also up 7.0 % QoQ from ₹149 crore.
The net spread held at 5.3 % (up 20 basis points YoY from 5.1 %) and remained unchanged QoQ. Return on assets (ROA) improved to 4.2 % (up 50 bps YoY from 3.7 % and 10 bps QoQ from 4.1 %). The cost‑to‑income ratio fell to 32.7 % from 34.2 % YoY (a reduction of 150 bps) and improved to 32.0 % QoQ (down 70 bps). Gross Stage‑3 delinquency stayed at 1.8 % both YoY and QoQ, while credit cost was contained at 40 basis points.
The company added four new branches, taking the total branch count to 175 and expanding touchpoints to 373. It hired 133 additional employees, mainly in customer‑facing roles.
During the quarter HomeFirst certified another 100 green homes, bringing the cumulative total of certified green homes to 550.
MD & CEO Mr. Manoj Viswanathan said the Indian economy’s resilience, supported by stable domestic consumption, moderating inflation, steady interest rates and improving liquidity, underpins a positive outlook for affordable housing finance. He noted that the firm’s growth was broad‑based across geographies and distribution channels, and that margins remained resilient through disciplined pricing and prudent liability management.
HomeFirst projected approximately 25 % AUM growth for the remainder of FY27 while aiming to maintain profitability, portfolio quality and operating efficiency, backed by a strong capital position and diversified funding profile.