Home First Finance Company India Ltd Live Price Chart
Low: ₹1145.4High: 1177
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Home First Finance Company India Ltd Technicals
Current Price
₹ 1174.813.4 (1.15%)
EMASMA
20 Day
₹ 1,139.407
50 Day
₹ 1,136.603
100 Day
₹ 1,158.773
200 Day
₹ 1,165.856
20 Day
₹ 1,121.675
50 Day
₹ 1,121.296
100 Day
₹ 1,167.352
200 Day
₹ 1,221.890
Home First Finance Company India Ltd Performance
Previous Close
₹ 1161.4
High
₹ 1177
Volume
88321
52W Range
₹ - ₹
Open
₹ 1155
Low
₹ 1145.4
Market Cap
₹ 11278 Cr
Home First Finance Company India Ltd Fundamentals
ROCE
10.113
P/E Ratio
24.720
P/B Ratio
3.050
Industry P/E
3.050
Debt to Equity
25.440
ROE
11.280
EPS
47.610
Dividend Yield
0.270
Book Value
385.652
Face Value
2.000
Home First Finance Company India Ltd Financials
Particulars
Y202503
Y202403
Y202303
Y202203
Y202103
Total Revenue
1539.203
1156.545
795.598
595.701
489.161
Total Expenses
1037.615
756.585
500.378
369.406
355.118
Profit After Tax
382.068
305.717
228.292
186.098
100.142
Home First Finance Company India Ltd Shareholding Pattern
Promoter Holdings
12.351 %
FIIs
40.818 %
DIIs
5.679 %
MutualFund
21.931 %
Retail
10.977 %
Others -
8.245 %
About Home First Finance Company India Ltd
History of Home First Finance Company India Ltd
Home First Finance Company India Limited was incorporated as a private limited company with the name Home First Finance Company India Private Limited' at Bengaluru, Karnataka on February 3, 2010. Subsequently, the Company was converted into a public limited company and consequently the name of the Company was changed to Home First Finance Company India Limited' on March 14, 2018.
The Company is a technology driven affordable housing finance company registered with Reserve Bank of India (RBI) and the National Housing Bank (NHB) that targets first time home buyers in low and middle-income groups. It primarily offers customers housing loans for the purchase or construction of homes. The Company's main business is financing by way of loans towards affordable housing segment in India and is primarily engaged in the business of lending of housing loans, loans for the purpose of purchasing a
commercial property and loan against property.
The Company serves salaried and self-employed customers. Salaried customers account for 73.1% of its Gross Loan Assets and self employed customers account for 25.0% of Gross Loan Assets, as of September 30, 2020. The Company serviced 44,796 active loan accounts, as of September 30, 2020. The Company also offers other types of loans comprising loans against property, developer finance loans and loans for purchase of commercial property, which comprised 5.1%, 1.9% and 0.9% of its Gross Loan Assets, as of September 30, 2020, respectively. As of ...the same date, 32.8% of its Gross Loan Assets were from customers who were new to credit. The average ticket size of its housing loans was Rs. 1.01 million, with an average loan-to-value on Gross Loan Assets of 48.8%, as of September 30, 2020.
As of September 30, 2020, the company had a network of 70 branches covering over 60 districts in 11 states and a union territory in India, with a significant presence in urbanized regions in the states of Gujarat, Maharashtra, Karnataka and Tamil Nadu. It has increased the scale of operations and grown its branches by adopting a strategy of contiguous expansion across regions and has strategically expanded to geographies where there is substantial demand for housing finance. According to the CRISIL Report, the 11 states and union territory in which the company is present accounted for approximately 79% of the affordable housing finance market in India during the financial year 2019. The Company utilizes a diverse range of lead sourcing channels such as connectors, architects, contractors, affordable housing developers, in addition to conducting loan camps and micro marketing activities, and utilizing employee and customer referrals and branch walk-in customers.
The Company has leveraged technology in various facets of its business such as processing loan applications, managing customer experience and risk management. It has developed a paperless process to onboard customers efficiently and its well-trained front-end teams appraise customers by conducting home and workplace visits and ensure minimal disruption to a customer's daily routine. The Company offers mobility solutions through dedicated mobile applications for its customers to enable quick and transparent loan related transactions. It has an integrated customer relationship management and loan management system set up on a leading cloud based customer relationship platform providing it with a holistic view of all its customers. The Company utilizes proprietary machine learning customer scoring models to assist it with the centralized credit underwriting process, which has led to consistent and accurate credit evaluation with quick turn around times.
The Company was founded by Jaithirth Rao, P. S. Jayakumar and Manoj Viswanathan and commenced its operations in August 2010. The company is managed by professionals and its Promoters are True North Fund V LLP and Aether (Mauritius) Limited. Further, Bessemer and Orange Clove Investments B.V. (an affiliate of Warburg Pincus, a global private equity investor), has acquired a stake in the Company.
During year 2020-21, the Company expanded the distribution network to 72 branches as at March'21.
During the year 2020-21, the Company issued Secured, Rated, Listed, Redeemable, Taxable Non Convertible Debentures on a Private Placement basis aggregating to Rs 240 Crores which are listed on the Wholesale Debt Segment on BSE Limited. In the Equity Segment, the Company raised Rs 75 Crores as primary capital by issue and allotment of Equity Shares to Orange Clove Investments B.V. - an affiliate of the Warburg Pincus Group.
During the year 2020-21, the Company made an Initial Public Offer (IPO) of 2,22,72,556 Equity Shares of a face value of Rs 2 each for cash at a price of Rs 518 per Equity Share (including a share premium of Rs 516 per Equity Share). The offer comprised a fresh issue of 51,15,830 Equity Shares by the Company and Offer for Sale of 1,71,56,726 Equity Shares by True North Fund V LLP, Aether (Mauritius) Limited (Promoters) and Bessemer India Capital Holdings II Ltd, Mr. P. S. Jayakumar and Mr. Manoj Viswanathan (Investor and Individual Selling Shareholders). The Equity Shares of Company were listed on the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) on February 3, 2021.
During year 2021-22, the Company expanded the distribution network to 80 branches as at March'22 from 72 branches as at March' 21.
During the year 2021-22, the Company raised (i) Rs 911 Crores borrowings from bank / financial institutions (outstanding as on March'22: Rs 2,103.70 crores), (ii) Rs 605.09 crores raised by way of Direct Assignment (iii) Rs 400 crores through re-finance from NHB (outstanding as of March'22: Rs 1,194.28 crores) and (iv) Rs 99 crores by way of NCDs (outstanding as of March'22: Rs 168.78 crores).
During year 2022-23, the Company expanded the distribution network to 111 branches as at March'23 from 80 branches as at March' 22.
During the year 2022-23, the Company has raised (i) Rs 1860 Crores borrowings from banks / finance companies (outstanding as of March'23: Rs 3,553.53 Crores), (ii) Rs 877.54 Crores raised by way of Direct Assignment & Co-lending (iii) Rs 600 Crores through re-finance from NHB (outstanding as of March'23: Rs 912.99 Crores) and (iv) Rs 280 Crores by way of NCDs (outstanding as of March'22: Rs 346.95 Crores).
The Assets Under Management of the Company crossed Rs 7500 Crores in FY24. During FY24, Company added 56 touchpoints to reach a total of 321 touchpoints. 22 physical branches were added to reach a total of 133 branches.
During the year 2023-24, the Company has raised (i) Rs 3,315 Crores borrowings from banks / finance companies (outstanding as of March'24: Rs 5,454.93 Crores), (ii) Rs 432.99 Crores raised by way of Direct Assignment & Co-lending (iii) Rs 700 Crores through re-finance from NHB (outstanding as of March'24: Rs 1569.64 Crores).
In FY 2025, Company achieved a key milestone by crossing Rs 10000 Crore in Assets Under Management (AUM). As of Mar'25, the AUM of the Company was Rs 12713 Crore. The Company has added 40 touchpoints including 22 branches in FY25.
FAQs on Home First Finance Company India Ltd
1. Can I buy Home First Finance Company India Ltd from PL Capital? ›
Yes, you can invest in Home First Finance Company India Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Home First Finance Company India Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Home First Finance Company India Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Home First Finance Company India Ltd pay dividends? ›
Yes, Home First Finance Company India Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Home First Finance Company India Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Home First Finance Company India Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Home First Finance Company India Ltd. is ₹ 1174.8 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Home First Finance Company India Ltd ? ›
The 52-week high and low of Home First Finance Company India Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
