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Home First Finance Company India Ltd.
(HOMEFIRST)
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Rating:63Neutral
Price Target:
₹1,080.00
▼(-8.08% Downside)
Action:Reiterated
Date:09/13/26
The score is primarily supported by strong revenue growth and durable profitability, but is meaningfully constrained by leverage risk and a historically volatile cash-flow profile. Technicals are neutral and valuation is reasonable but not compelling given the low dividend yield.
Positive Factors
Revenue Growth
Rapid revenue expansion indicates that Home First is continuing to grow its lending franchise and reach more customers. Sustained top-line momentum can support operating scale, broaden the earnings base, and strengthen the company’s ability to reinvest in distribution and technology over the next several quarters.
Negative Factors
Elevated Leverage
High and historically volatile leverage increases the sensitivity of earnings and capital flexibility to funding conditions and credit performance. Although debt-to-equity improved in 2026, total debt continued to rise, leaving the company less resilient if loan growth or profitability weakens.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Rapid revenue expansion indicates that Home First is continuing to grow its lending franchise and reach more customers. Sustained top-line momentum can support operating scale, broaden the earnings base, and strengthen the company’s ability to reinvest in distribution and technology over the next several quarters.
Read all positive factors
Home First Finance Company India Ltd. (HOMEFIRST) vs. iShares MSCI India ETF (INDA)
Market Cap
₹110.40B
Dividend Yield0.49%
Average Volume (3M)21.31K
Price to Earnings (P/E)17.9
Beta (1Y)1.48
Revenue Growth19.19%
EPS Growth26.51%
CountryIN
Employees1,855
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Mortgages
Share Statistics
EPS (TTM)59.46
Shares Outstanding104,563,140
10 Day Avg. Volume7,327
30 Day Avg. Volume21,310
Financial Highlights & Ratios
PEG Ratio0.78
Price to Book (P/B)2.14
Price to Sales (P/S)4.86
P/FCF Ratio15.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)65.58
Revenue Forecast (FY)₹14.08B
Home First Finance Company India Ltd. Business Overview & Revenue Model
Company Description
Home First Finance Company India Limited operates as a specialized financial institution in India, primarily dedicated to providing housing finance. The company extends a range of lending options, including mortgages for the purchase or constructi...
How the Company Makes Money
HOMEFIRST primarily makes money through its lending business. Its core revenue comes from interest income earned on its loan portfolio (e.g., housing loans and other secured loans). The company funds these loans using a mix of borrowings (such as ...
Home First Finance Company India Ltd. Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
62
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.95B | 19.23B | 13.25B | 9.80B | 6.93B | 4.78B |
| Gross Profit | 12.31B | 10.93B | 4.88B | 3.93B | 3.21B | 2.13B |
| EBITDA | 8.43B | 7.27B | 5.48B | 4.42B | 3.23B | 2.55B |
| Net Income | 6.20B | 5.40B | 3.82B | 3.06B | 2.28B | 1.86B |
Balance Sheet | ||||||
| Total Assets | 171.85B | 151.67B | 122.12B | 95.34B | 67.37B | 51.17B |
| Cash, Cash Equivalents and Short-Term Investments | 11.88B | 8.41B | 9.38B | 8.22B | 5.80B | 6.61B |
| Total Debt | 122.46B | 105.90B | 95.51B | 73.02B | 48.13B | 34.67B |
| Total Liabilities | 125.20B | 108.10B | 96.90B | 74.12B | 49.20B | 35.43B |
| Stockholders Equity | 46.65B | 43.57B | 25.21B | 21.21B | 18.17B | 15.74B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 6.21B | -22.10B | -19.16B | -14.58B | -8.11B |
| Operating Cash Flow | 0.00 | 6.30B | -21.98B | -19.08B | -14.51B | -8.07B |
| Investing Cash Flow | 0.00 | -29.78B | -2.12M | -2.17B | -2.84B | 8.04B |
| Financing Cash Flow | 0.00 | 21.97B | 22.17B | 24.70B | 13.53B | 4.11B |
Home First Finance Company India Ltd. Technical Analysis
Negative
1174.95
Price Trends
1140.46
Negative
1158.52
Negative
1124.15
Negative
Market Momentum
-34.42
Positive
43.68
Neutral
33.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HOMEFIRST, the sentiment is Negative. The current price of 1174.95 is above the 20-day moving average (MA) of 1069.23, above the 50-day MA of 1140.46, and above the 200-day MA of 1124.15, indicating a bearish trend. The MACD of -34.42 indicates Positive momentum. The RSI at 43.68 is Neutral, neither overbought nor oversold. The STOCH value of 33.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HOMEFIRST.
Home First Finance Company India Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | ₹88.28B | 12.50 | ― | ― | 12.03% | 16.64% | |
63 Neutral | ₹110.40B | 17.88 | ― | 0.49% | 19.19% | 26.51% | |
63 Neutral | ₹97.46B | 8.46 | ― | 2.05% | 7.90% | 25.13% | |
62 Neutral | ₹100.37B | 10.18 | ― | 2.25% | 20.54% | 23.05% | |
61 Neutral | ₹192.67B | 16.74 | ― | ― | 18.04% | 19.18% | |
60 Neutral | ₹68.50B | 12.93 | ― | 2.38% | 25.32% | 26.24% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:HOMEFIRST
Home First Finance Company India Ltd.
1,055.80
-146.73
-12.20%
IN:AADHARHFC
Aadhar Housing Finance Ltd
439.50
-74.20
-14.44%
IN:AAVAS
Aavas Financiers Ltd.
1,113.30
-566.95
-33.74%
IN:APTUS
Aptus Value Housing Finance India Limited
200.40
-106.96
-34.80%
IN:CANFINHOME
Can Fin Homes Ltd.
731.90
-128.59
-14.94%
IN:INDIASHLTR
India Shelter Finance Corp. Ltd.
627.30
-240.13
-27.68%
Home First Finance Company India Ltd. Corporate Events
Home First Finance Allots 10,515 Shares Under Employee Stock Option Schemes
Oct 27, 2026
Home First Finance Company India Ltd. has approved the allotment of 10,515 equity shares following the exercise of vested employee stock options under its ESOP 2021 and ESOP 2024 schemes. The move reflects the company’s ongoing use of stock-...
Home First Finance Confirms SEBI Compliance on Demat and Remat of Securities
Oct 8, 2026
Home First Finance Company India Limited disclosed that it has received a certificate from its Registrar and Transfer Agent, KFin Technologies Limited, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulat...
Home First Finance Steps Up Global Investor Outreach With London Roadshows and India Branch Visits
Sep 19, 2026
Home First Finance Company India Ltd. has conducted non-deal roadshows in London, engaging with existing and prospective institutional investors through group and one-on-one meetings. The interactions involved global asset managers and investment ...
Home First Finance Allots 3,681 Shares Under Employee Stock Option Plans
Sep 17, 2026
Home First Finance Company India Ltd. has approved the allotment of 3,681 equity shares following the exercise of vested employee stock options under its ESOP 2021 and ESOP 2024 schemes. The new shares, each with a face value of Rs. 2, increase th...
Home First Finance Steps Up Global Investor Outreach With Singapore Roadshows
Sep 10, 2026
Home First Finance Company India Ltd. has reported the outcome of recent non-deal roadshows held in Singapore, where company officials met with a broad range of global asset managers and institutional investors through group and one-on-one meeting...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.