Home First Finance Co India Ltd (BOM:543259) (Q1 2027) Earnings Call Highlights: Strong AUM ...

July 30, 2026 - 03:28

Home First Finance Co India Ltd (BOM:543259) reported robust financial results for the first quarter of fiscal year 2027, with assets under management (AUM) rising 25.7% year-over-year. The company also saw a 34.5% jump in profit after tax (PAT), signaling strong operational momentum in the affordable housing finance segment.

The growth was driven by increased loan disbursements and an expanding customer base across tier-2 and tier-3 cities. Management attributed the performance to improved penetration in existing markets and a steady demand for home loans among first-time buyers.

However, the quarter was not without challenges. Operating expenses rose significantly, putting pressure on margins. The company also announced leadership changes during the period, with a new chief financial officer taking over. Executives addressed these shifts during the earnings call, emphasizing a smooth transition and a continued focus on cost control.

Despite the higher costs, the company maintained a healthy asset quality profile, with gross non-performing assets remaining stable. Management expressed cautious optimism for the rest of the fiscal year, citing a favorable interest rate environment and sustained demand in the affordable housing sector. They also highlighted plans to expand the branch network and invest in digital lending platforms to drive future growth.