Home First Finance Company India Ltd. · NSE:HOMEFIRST
Home First Finance Company India — Q1 FY27 Earnings Presentation
50 slides from Home First Finance Company India's earnings presentation, Jul 27, 2026
Slide 1: Exchange filing cover letter
HFFCIL/BSE/NSE/EQ/50/2026-27 Date: 27-07-2026 To, To, BSE Limited, The National Stock Exchange of India Limited, Department of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai- 400001. Mumbai- 400 051. Scrip Code- 543259 Scrip Symbol-
Slide 2: Home First Finance Company Investor Presentation Q1FY27
Home First Finance Company Investor Presentation Q1FY27
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the "Presentation"), which have been prepared by Home First Finance Company India Ltd. (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Executive Summary | Q1FY27
Executive Summary | Q1FY27 y-o-y q-o-q Assets Under Management (AUM) Disbursement Gross Stage 3 / POS (GNPA) ₹1,69,379 Mn ₹16,284 Mn 1.8% +25.7% +6.7% +31.0% +3.6% 0 bps 0 bps Spread(1) Opex to Assets DPD 30+ / POS 5.3% 2.8% 3.2% +20 bps 0 bps +10 bps +10 bps -30 bps 0 bps Profit After Tax (PAT) Ret
Slide 5: MD & CEO Commentary on Q1 FY27
MD & CEO Commentary on Q1 FY27 “As we begin FY27, the Indian economy continues to exhibit strong underlying momentum. Stable domestic consumption, range bound inflation, steady policy rates and improving liquidity have created a supportive environment for credit growth. While geopolitical developmen
Slide 6: HomeFirst – Who are We?
HomeFirst – Who are We? • Technology driven affordable housing finance company with pan India presence. Hub and spoke distribution covering 80% of the affordable housing market in the country. • Home loans to first time home buyers with predominant focus on families with a monthly income of < Rs 50,000
Slide 7: Our Journey
Our Journey CARE Rating India ICRA / CARE India ICRA / CARE / CARE / ICRA Rating Ratings Rating Ratings India Ratings BBB- BBB+ A- A+ AA- AA- AA-(+ve) AA Raised ₹1,250 Cr through QIP 175 Physical AUM crosses Branches ₹150 bn. 1,69,379 150+ Physical 1,58,777 1,69,379 Branches AUM crosses ₹ Mn ₹120 bn
Slide 8: Shareholding as on Jul'26
Shareholding as on 17 Jul’26 DIIs % Holding* FIIs & FPIs % Holding* HDFC Mutual Fund 7.6 Fidelity International 9.6 15.6% Kotak Mutual Fund 5.1 Capital Group 7.1 True North Fund V LLP 4.7 Norges Bank Investment Management 5.3 Aditya Birla Sunlife Mutual Fund 2.4 Vanguard Group 3.6 No. of 36.0% Value
Slide 9: Distinguished Board of Directors
Distinguished Board of Directors Deepak Satwalekar Geeta Dutta Goel Anuj Srivastava Sucharita Mukherjee Chairman / Independent Independent / Non- Independent / Non- Independent / Non- Non-Executive Director Executive Director Executive Director Executive Director Current: Independent Director at Wip
Slide 10: Experienced Management Team
Experienced Management Team 16 | 28 14 | 26 15 | 23 07 | 19 Manoj Viswanathan Ajay Khetan Gaurav Mohta Nutan Gaba Patwari * Managing Director & CEO Dy. Chief Executive Officer & CBO Chief Marketing Officer Chief Financial Officer Education: B-Tech BITS, Pilani and PGDM Education: MNNIT Allahabad and
Slide 11: Meet Our Customers
Meet Our Customers Formal Salaried Informal Salaried Self-Employed Customer 1 Customer 2 Customer 3 Age: 42 / Location: Tirupur, Tamil Nadu 68% Age: 34 / Location: Navsari, Gujarat 32% Age: 42 / Location: Gorakhpur, Uttar Pradesh Salaried Self Employed Who are they? Applicant is working as a tailor
Slide 12: Our Unique Value Proposition to Our Customers
Our Unique Value Proposition to Our Customers Who are our customers What do our customers need What challenges do they face • Salaried and self-employed • Home loan requirement individuals • Inability to meet NPS primarily in the ₹0.5 -1.5 mn documentation requirements (1) 79 range of traditional le
Slide 13: Distribution Strategy
Distribution Strategy 0 -4 4-7 7 - 15 Pan India Distribution driven by strategic market selection & contiguous expansion Contribution to India's GDP FY’25 ( %) Physical branches - 175 373 Proposed branches - 61 Touchpoints Digital branches - 137 175 145 13 373 Branches Districts States/UT Touchpoint
Slide 14: Omni Channel Lead Generation Strategy
Omni Channel Lead Generation Strategy Diversified lead generation channels | Q1 FY27 77.4% Diversified channels for generating leads such as connectors, builder ecosystem, digital, etc. 100% in-house conversion 11.3% by HomeFirst RMs. 2.7% 0.4% 1.6% 2.5% 2.3% 1.8% 0.0% Construction Digital Digital Mar
Slide 15: Data Science Backed Centralised Underwriting
Data Science Backed Centralised Underwriting Risk Management Design Tech-Led Centralised • Salaried customers • 100+ data points & digitally captured • Consistency in underwriting data for all customers Loans Approved within 48hrs • Build detailed understanding of • Integrated Customer Relationship
Slide 16: Scalable Operating Model built on Holistic Technology Usage
Scalable Operating Model built on Holistic Technology Usage Tech Infra Integrated Services Data Analytics ML/AI • 100% Cloud-Based Architecture: • Scalable Microservices Architecture: • CDC-enabled streaming architecture: • Advanced Machine Learning & AI: India-based cloud data centers ensuring Modu
Slide 17: Proprietary In-house Applications
Proprietary In-house Applications Document Management System In-house AI Conversational Platform Treasury Management System • To enhance operational efficiency and reduce costs, • Omni-channel Conversational AI platform: • HomeFirst has developed an In-house Treasury Home First has developed an ente
Slide 18: Digital Adoption
Digital Adoption Customer Rating on Google Unique user logins as % of active Playstore % Customers registered on App customers 96% 96% 96% 96% 96% 4.3 Average payment per user on 46% 46% 44% 44% 43% As of 13 Jul’26 app ₹30,799 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Avg
Slide 19: Building the Brand HomeFirst
Building the Brand HomeFirst 18 Investor Presentation – Q1 FY27 | Home First Finance Company India Ltd.
Slide 20: ESG at HomeFirst
ESG at HomeFirst Putting sustainability at core of operations
Slide 21: Commitment to ESG
Commitment to ESG Comprehensive Policy & Governance Mechanism An ESG Execution Team with The Company understands management team participation the growing importance of has been created to ensure ESG and has adopted a Robust implementation of the ESG Policy Board approved ESG Policy Implementation P
Slide 22: Digital Processes from start to finish to reduce Carbon Footprint
Digital Processes from start to finish to reduce Carbon Footprint Customer App Connector App RM Pro App Green Operations Operational Eco-efficiency & Climate Resilience HomeFirst has a deeply ingrained Ideology of all processes being paperless across the product cycle. Implemented Electronic process
Slide 23: Progress on Social Development
Progress on Social Development Sashakt Stories Shushva Yashami Responsibility towards community Sashakt Beneficiary Sashakt Beneficiary Responsibility towards employees Tailoring Tally GST Project Sashakt : 11,000+ families touched Skilling & Employment | Education & Development | Health Employee Tr
Slide 24: Progress on Social Development
Progress on Social Development Responsibility towards customers ESG Initiatives Customer Satisfaction Sustainable Finance • Funds approved from DFC to support women borrowers for financing affordable housing. U.S. International • Customer focus: Playing a key role in Financial Development Finance Co
Slide 25: Strong Governance Structure
Strong Governance Structure Work Sustainably & Ethically Governance at core Separate Chairman & Managing Director position Sustainable Finance Corporate Governance We promote Financial Inclusion. • Core competencies of Independent Directors directly relevant to company’s operations. Experienced Boar
Slide 26: Strong Governance Practice
Strong Governance Practice Corporate Governance Structure Top-tier Corporate Governance • High Independent Directors representation in all Board Committees • Highly experience Board & Management Team on Risk Management committee. • Company's risk management framework is driven by its Board and its s
Slide 27: Business Updates
Business Updates ®
Slide 28: Healthy Growth in Loan Book and Disbursements
Healthy Growth in Loan Book and Disbursements Disbursement ( ₹Mn ) Last 5 Years Last 5 Quarters 54,236 16,284 48,053 15,724 31.0% growth y-o-y 39,634 3.6% growth q-o-q 30,129 12,894 13,184 12,435 20,305 FY22 FY23 FY24 FY25 FY26 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Assets Under Management ( ₹Mn ) Last
Slide 29: Consistent Portfolio Metrics | Jun'26
Consistent Portfolio Metrics | Jun’26 16% 32% AUM by Product AUM by Occupation 1% Housing Loan Salaried Shop Loans Self Employed LAP Sharp focus on High ratio of 83% housing loans 68% salaried customers 88% 1% 18% 12% AUM by Credit history AUM by Ticket Size Upto 0.5mn AVG: 749 Have Credit History 0
Slide 30: Competitive Spreads
Competitive Spreads Net Interest Spread Movement PLR increase Spread (Overall) Spread (Ex CL) Portfolio Yield Portfolio Yield (Ex CL) COB COB (Ex CL) 25bps w.e.f 1st Jul’22 50bps w.e.f 1st Dec’22 Last 5 Years Last 5 Quarters 50bps w.e.f 1st Apr’23 35bps w.e.f 1st Aug’24 13.6% 13.6% 13.5% PLR cut 13.
Slide 31: Healthy Leading Indicators
Healthy Leading Indicators Bounce rate : On the day of EMI presentation Bounce rate Bounce rates are range-bound COVID COVID WAVE -1 WAVE -2 36.4% 28.3% 20.1% 17.3% 18.3% 16.5% 15.7% 16.4% 16.8% 16.3% 16.7% 15.9% 16.3% 14.5% 14.0% 15.6% 14.9% 15.0% 14.2% 15.1% 14.7% 15.3% 15.2% 16.0% 15.2% 13.6% 10.
Slide 32: Healthy Leading Indicators: Collection Efficiency
Healthy Leading Indicators Collection Efficiency Collection efficiency Collection Efficiency (1) Unique Customers (2) at normal levels 98.3% 98.4% 98.8% 98.0% 98.3% 98.4% 98.4% 98.0% 97.9% 98.1% 98.2% 98.5% 97.8% 98.2% 97.2% 97.9% 97.1% 96.9% 97.0% 97.0% 97.2% 97.1% 97.3% 97.3% 97.1% 97.2% 97.3% 96.9% 97.
Slide 33: Sound Credit Indicators
Sound Credit Indicators DPD 1+ / POS DPD 30+ / POS % Stage 3 / POS Stage 2 / POS 5.3% 5.4% 5.5% 5.3% 4.7% 4.7% 4.7% Asset quality at 4.2% 4.5% 4.0% 3.7% 3.5% 3.7% 3.7% 3.0% 3.2% 3.2% 3.2% healthy levels 2.7% 2.8% 2.3% 1.8% 1.9% 2.0% 1.7% 1.8% 1.8% 1.8% 1.6% 1.7% 1.4% 1.4% 1.7% 1.8% 1.7% 1.4% 1.4% 1.
Slide 34: Diversified funding profile at competitive Cost of Borrowing
Diversified funding profile at competitive Cost of Borrowing Borrowings Mix and Cost of Borrowing trend DA Co-Lending ECB NCD NHB Refinance NBFC Public Sector Banks Pvt Sector Banks COB% (Represents quarterly avg.) Total Borrowings 95,120 1,05,869 1,10,559 1,15,592 1,18,474 1,19,716 1,24,481 1,32,840
Slide 35: ALM Position as of Jun'26 - Cumulative
ALM Position as of Jun’26 - Cumulative Inflow Outflow Surplus 13,806 15,248 19,168 28,911 58,887 43,776 (₹Mn) Robust ALM profile ensuring 2,49,817 sufficient liquidity buffers 2,03,428 2,06,041 1,38,781 1,44,541 Cumulative Positive flows 1,09,870 across all the time buckets 62,586 40,806 43,418 28,809 25,5
Slide 36: Assignment and Co-lending Transactions
Assignment and Co-lending Transactions Direct Assignment Transactions Co-Lending Transactions ₹6,278 Mn ₹8,587 Mn ₹11,458 Mn ₹3,313 Mn 3,313 3,158 2,960 Consistent 460 2,844 demand for 2,720 318 2,620 545 1,009 assignment of the company’s 781 966 1,956 1,936 1,927 portfolio 1,880 1,708 226 609 417 3
Slide 37: Strong Liquidity Position
Strong Liquidity Position Liquidity Buffer as on Jun’26 (in ₹Mn) Unencumbered Cash and Cash equivalent 11,434 Un-availed Sanction from NHB 3,540 Un-availed Sanction from Banks 7,750 Total 22,724 ₹ 5,814 million Liquidity raised during Q1FY27 Particulars (in ₹Mn) Q2FY27 Q3FY27 Q4FY27 Q1FY28 Opening Li
Slide 38: Financial Updates
Financial Updates ®
Slide 39: Financial Highlights
Financial Highlights Profit After Tax ( ₹Mn ) Net worth ( ₹Mn ) Equity Raised 32 53 62 337 13,172 12,495 12,715 12,940 13,172 105 5,404 ( ₹Mn ) 1,599 1,494 3,821 1,402 44,827 1,318 34.5% growth y-o-y 43,565 41,803 43,565 Robust NW to 1,189 38,551 40,144 3,057 7.0% growth q-o-q support growth (1) 2,28
Slide 40: ECL Provisions Summary
ECL Provisions Summary Loan Particulars (in ₹Mn) Stage 1 Stage 2 Stage 3 Commitment Total For period ended Jun’26 Loans – Principal Outstanding 1,36,431.3 2,021.1 2,496.3 1,40,948.7 ECL Provision 295.3 212.2 585.2 37.4 1,130.1 Net Loans – Principal Outstanding 1,36,136.0 1,808.9 1,911.1 1,39,818.6 E
Slide 41: Annexures
Annexures
Slide 42: Quarterly and Annual Profit and Loss Statement
Quarterly and Annual Profit and Loss Statement Particulars (in ₹Mn) Q1FY27 Q4FY26 Q1FY26 QoQ YoY FY26 FY25 YoY Interest Income on term loans 4,392.5 4,120.8 3,672.2 6.6% 19.6% 15,734.3 12,801.6 22.9% Net gain on DA 364.8 358.2 247.1 1,121.6 912.2 Income other than interest income on term 2,371.3 1,6
Slide 43: RoE Tree
RoE Tree Particulars Q1FY27 Q4FY26 Q1FY26 FY26 FY25 Interest Income on term loans / Average total assets 11.4% 11.2% 11.4% 11.5% 11.8% Net Gain on DA / Average total Assets 0.9% 1.0% 0.7% 0.8% 0.9% Income other than interest income on term loans/ Average total assets 1.7% 1.5% 2.0% 1.7% 1.5% Total I
Slide 44: Key Financial Ratios
Key Financial Ratios Particulars Q1FY27 Q4FY26 Q1FY26 FY26 FY25 Profit after tax on average total assets (ROA) 4.2% 4.1% 3.7% 3.9% 3.5% Leverage (Average total assets / average Equity 3.5 3.4 4.1 4.0 4.7 or average Net worth) Profit after tax on average equity or average 14.5% 14.0% 14.9% 15.7% 16.5
Slide 45: Balance Sheet
Balance Sheet Particulars (in ₹Mn) Jun’26 FY26 FY25 ASSETS Cash & cash equivalents and Other bank 8,996.5 8,410.2 9,382.4 balance Loans 1,39,856.0 1,31,326.1 1,06,487.0 Investments 2,932.6 8,122.4 3,602.4 Other financial assets 3,222.5 3,033.8 1,881.8 Property, plant and Equipment* 536.9 541.3 447.0
Slide 46: Consistent Financial Performance over the years
Consistent Financial Performance over the years CAGR % Particulars (in ₹Mn) FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 (FY17-FY26) Operational Information Number of Branches 36 42 60 68 72 80 111 133 155 171 Loan disbursals 4,244 7,455 15,728 16,183 10,966 20,305 30,129 39,634 48,053 54,236 A
Slide 47: Experienced and Diverse Board
Experienced and Diverse Board Mr. Deepak Satwalekar Ms. Geeta Dutta Goel Mr. Anuj Srivastava Chairman/ Independent/ Non-Executive Director Independent/ Non-Executive Director Independent/ Non-Executive Director Mr. Deepak Satwalekar holds a bachelor’s degree in mechanical Ms. Geeta Dutta Goel holds
Slide 48: Thank You
Thank You For further information, please contact Ms Nutan Gaba Patwari – Chief Financial Officer nutangaba.patwari@homefirstindia.com Mr. Sunil Anjana, Head – Treasury and Investor Relations sunil.anjana@homefirstindia.com Investor Relations - HomeFirst investor.relations@homefirstindia.com CIN: L659
Slide 49: Glossary
Glossary Terms Explanation Assets Under Management/Gross Loan Assets represents the aggregate of current principal AUM - Assets Under Management outstanding and overdue principal outstanding, if any, for all loan assets under management which includes loan assets held by the Company as of the last d
Slide 50: GREEN
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