HomeFirst Q2 FY27 Results
Home First Finance Company India Limited reported profit after tax of ₹170 cr for the second quarter of FY27, representing a 29.1 % increase year‑on‑year and a 6.5 % rise quarter‑on‑quarter. Assets under management rose 27.0 % YoY to ₹18,010 cr, with housing loans accounting for 84 % of the portfolio. Disbursements amounted to ₹1,705 cr, up 32.2 % YoY and 4.7 % QoQ. Total income grew 18.4 % YoY to ₹567 cr, while net total income increased 23.9 % YoY to ₹343 cr. Profit before provision and tax (PPOP) reached ₹238 cr, a 26.1 % YoY gain. Return on assets was 4.2 % and return on equity improved to 14.9 %, a rise of 150 basis points YoY. The cost‑to‑income ratio fell to 30.8 % from 32.7 % in Q1. Gross Stage‑3 delinquency stood at 1.7 %, a 10‑basis‑point improvement QoQ; credit cost was 40 bps; 1‑plus days past due (DPD) was 4.7 % and 30‑plus DPD was 3.2 %. The net spread (excluding co‑lending) was 5.2 % and the cost of borrowings remained flat at 7.8 % QoQ. Capital adequacy ratio (CRAR) was 39.8 %, net worth ₹4,665 cr and the liquidity buffer ₹2,666 cr. The company expanded its branch network by six locations, bringing the total to 181 branches across 13 states/UTs and 379 touchpoints, supported by 2,014 employees. The Green Homes initiative certified an additional 100 homes during the quarter, raising the cumulative total to 650 certified homes as of September 2026. HomeFirst was awarded the ‘ESG & Financial Inclusion’ prize in the NBFC category at ASSOCHAM’s 21st Annual Summit & Awards. Chief Managing Director and CEO Manoj Viswanathan said the quarter delivered strong operating performance, highest‑ever disbursements, stable asset quality and progress on sustainability, and outlined priorities to sustain growth, preserve quality, protect profitability and improve efficiency for the remainder of FY27.