Home First Finance just experienced a significant block deal worth approximately INR 21.97 crore ($2.96 million USD), with each of the 203,422 shares changing hands at INR 1,080.
Home First Finance Company India Limited
HOMEFIRSTPrice History
Recent Discussions
Home First Finance anticipates a 25% increase in Assets Under Management (AUM) by FY27, driven by sustained housing demand and a steady credit cost profile. The company reported a Net Interest Income (NII) of ₹217.5 crore and Profit After Tax (PAT) of ₹149.4 crore in Q4FY26. Notably, an increasing number of borrowers are upgrading to larger homes, contributing to higher ticket sizes.
Home First Finance is planning to maintain an impressive 25% growth trajectory up until the fiscal year 2027, demonstrating their commitment to steady expansion and financial success.
Home First Finance announced a dividend of INR 5.2 per share, offering a potential return for its shareholders.
Home First Finance suffered a 4% dip today, following its failure to meet Q4 expectations, resulting in investors' concerns about the company's short-term performance.
Home First Finance aims for a 25% increase in Assets Under Management (AUM) by the fiscal year 2026-27, signaling continued growth and expansion of their loan portfolio.
Home First Finance has reported a 42% year-on-year increase in Q4 net profit, reaching ₹1.49 billion, with revenue soaring to ₹50.1 billion – marking a substantial jump from ₹4.15 billion of the previous year.
Home First Finance has announced a recommended dividend of Rs. 5.2 per share for Q4 FY26. Additionally, they plan to raise up to Rs. 1,000 crores through Non-Convertible Debentures (NCDs). The company also intends to reappoint two independent directors.
Home First Finance posted a significant 43% increase in Q4 profits, reaching approximately ₹149.4 crore, with Net Interest Income (NII) growing by 36.5%. Assets Under Management (AUM) grew by 24.9% year-over-year to ₹15,878 crore. The company proposed a dividend of ₹5.20 per share, leading to a 3.7% increase in share price to around ₹1,230.
Morgan Stanley maintains a bullish outlook on Home First Finance, with a new price target of INR 1,560, suggesting potential growth and investment opportunities in the company.
Housing finance stocks experienced a surge after the Reserve Bank of India held interest rates steady. Notable gainers include PNB Housing with a 7% increase and Home First Finance with a 6% rise. Analysts at Bernstein predict over 25% growth for Aadhar Housing (target price: Rs 600) and Home First Finance (target price: Rs 1430).
Brokerages suggest focusing on Bharti Airtel, Tata Steel, Home First Finance, Titan, and HUL amid concerns about rural demand and margin squeezes in other sectors like DLF and Hindalco. Affordable housing NBFCs are also highlighted.
Endurance Tech remains a Buy recommendation by Citi, yet the target price is revised down to Rs 2,900 due to demand concerns. The financial services firm Fortis Healthcare expects an EBITDA margin of 22-25% by FY26. Jefferies predicts a 74% growth potential for Aavas Financiers, setting a target price at Rs 1,875. However, Morgan Stanley expresses caution and prefers Aptus and Home First Finance over Aavas Financiers.