Home First Finance Company India Ltd. · NSE:HOMEFIRST
Home First Finance Company India — Q4 FY26 Earnings Presentation
51 slides from Home First Finance Company India's earnings presentation, May 6, 2026
Slide 1: Exchange filing cover letter
HFFCIL/BSE/NSE/EQ/09/2026-27 Date: 06-05-2026 To, To, BSE Limited, The National Stock Exchange of India Limited, Department of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Dalal Street, Fort, Mumbai- 400001. Bandra (E), Mu
Slide 2: Home First Finance Company Investor Presentation Q4FY26
Home First Finance Company Investor Presentation Q4FY26
Slide 3: Safe Harbour
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
Slide 4: Executive Summary | FY26 Highlights
Executive Summary | FY26 FY26 Highlights y-o-y Assets Under Management (AUM) Disbursement Gross Stage 3 / POS (GNPA) ₹1,58,777 Mn ₹54,236 Mn 1.8% +24.9% +12.9% +10 bps Spread(1) Opex to Assets DPD 30+ / POS 5.3% 2.7% 3.2% +10 bps 0 bps +20 bps Profit After Tax (PAT) Return On Assets (ROA) Return On
Slide 5: Executive Summary | Q4FY26 Highlights
Executive Summary | Q4FY26 Q4FY26 Highlights y-o-y q-o-q Assets Under Management (AUM) Disbursement Gross Stage 3 / POS (GNPA) ₹1,58,777 Mn ₹15,724 Mn 1.8% +24.9% +6.4% +23.5% +19.3% +10 bps -20 bps Spread(1) Opex to Assets DPD 30+ / POS 5.3% 2.7% 3.2% +20 bps -10 bps 0 bps 0 bps +20 bps -50 bps Pro
Slide 6: MD & CEO Commentary on Q4 FY26
MD & CEO Commentary on Q4 FY26 MD Commentary India maintains macroeconomic stability despite a global landscape disturbed by Middle Eastern conflicts and shifting trade dynamics. Domestic demand continues to be supported by stable policy settings and gradually improving economic momentum. Against th
Slide 7: HomeFirst – Who are We?
HomeFirst – Who are We? Corporate Information ▪ 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
Slide 8: Our Journey
Our Journey Corporate Information India ICRA / CARE India ICRA / CARE / CARE Rating CARE / ICRA Rating Ratings Rating Ratings India Ratings BBB- BBB+ A- A+ AA- AA- AA-(+ve) AA Raised ₹1,250 Cr through QIP AUM crosses ₹150 bn. 150+ Physical 1,58,777 1,58,777 Branches AUM crosses ₹ Mn ₹120 bn. Assets
Slide 9: Shareholding as on Apr'26
Shareholding as on 30 Apr’26 Corporate Information DIIs % Holding* FIIs & FPIs % Holding* HDFC Mutual Fund 6.4 Fidelity International 9.6 16.2% Capital Group 8.0 Kotak Mutual Fund 5.1 Norges Bank Investment Management 5.7 True North Fund V LLP 4.7 Vanguard Group 3.6 32.8% Aditya Birla Sunlife Mutual
Slide 10: Distinguished Board of Directors
Distinguished Board of Directors Leadership Deepak Satwalekar Geeta Dutta Goel Anuj Srivastava Sucharita Mukherjee Chairman / Independent / Independent / Independent / Independent / Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Current: Independent Direc
Slide 11: Experienced Management Team
Experienced Management Team Leadership Manoj Viswanathan Ajay Khetan Nutan Gaba Patwari Gaurav Mohta Chief Executive Officer Dy. Chief Executive Officer Chief Financial Officer Chief Marketing Officer and Chief Business Officer 16 28 14 26 15 23 7 19 Education: B-Tech BITS, Pilani and PGDM Education
Slide 12: Meet Our Customers
Meet Our Customers Corporate Information Formal Salaried Informal Salaried Self Employed Customer 1 Customer 2 Customer 3 Age:34 / Location: Ankleshwar 68% Age:42 / Location: Ahmedabad 32% Age:27 / Location: Indore Salaried Self Employed Who are they? Applicant is a welder at a local factory with a
Slide 13: Our Unique Value Proposition to Our Customers
Our Unique Value Proposition to Our Customers Corporate Information 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) 80 r
Slide 14: Distribution Strategy
Distribution Strategy Corporate Information 0 -4 4-7 7 - 15 Contribution to India's GDP FY’24 ( %) Pan India Distribution driven by strategic market selection & contiguous expansion Physical branches - 171 373 Proposed branches - 64 Touchpoints Digital branches - 138 171 144 13 373 Branches District
Slide 15: Omni Channel Lead Generation Strategy
Omni Channel Lead Generation Strategy Corporate Information Diversified lead generation channels | Q4 FY26 77.6% Diversified channels for generating leads such as connectors, builder ecosystem, digital, etc. 100% in-house conversion 10.5% by HomeFirst RMs. 0.0% 2.6% 0.4% 1.8% 2.5% 2.5% 2.1% Constructi
Slide 16: Data Science Backed Centralised Underwriting
Data Science Backed Centralised Underwriting Corporate Information 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
Slide 17: Scalable Operating Model built on Holistic Technology Usage
Scalable Operating Model built on Holistic Technology Usage Corporate Information 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
Slide 18: Proprietary In-house Applications
Proprietary In-house Applications Corporate Information 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
Slide 19: Digital Adoption
Digital Adoption Corporate Information 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% 46% 44% As of 13 Apr’26 app 44% ₹41,817 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q4FY25 Q1FY26 Q2
Slide 20: Building the Brand HomeFirst
Building the Brand HomeFirst Corporate Information We are happy to report that our Green Homes project is now in full swing. We achieved 120 Green Home certifications in FY25 and have added 330 new certifications in FY26. A mighty leap since then. That brings our Green Portfolio to over ₹55 Cr AUM.
Slide 21: ESG at HomeFirst
ESG at HomeFirst Putting sustainability at core of operations
Slide 22: Commitment to ESG
Commitment to ESG 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 Implementati
Slide 23: Digital Processes from start to finish to reduce Carbon Footprint
Digital Processes from start to finish to reduce Carbon Footprint ESG 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 pro
Slide 24: Progress on Social Development
Progress on Social Development ESG Sashakt Stories Bhavnaben Kajal Responsibility towards community Sashakt Beneficiary Sashakt Beneficiary Responsibility towards employees Tailoring Diva Salon Project Sashakt : 10,000+ families touched Employee Training and Development Skilling & Employment | Educa
Slide 25: Progress on Social Development
Progress on Social Development ESG 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 Financ
Slide 26: Strong Governance Structure
Strong Governance Structure ESG 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
Slide 27: Strong Governance Practice
Strong Governance Practice ESG 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 i
Slide 28: Business Updates
Business Updates (2)
Slide 29: Healthy Growth in Loan Book and Disbursements
Healthy Growth in Loan Book and Disbursements Business Updates Disbursement ( ₹Mn ) Last 5 Years Last 5 Quarters 54,236 15,724 48,053 23.5% growth y-o-y 39,634 19.3% growth q-o-q 12,731 12,894 13,184 30,129 12,435 20,305 FY22 FY23 FY24 FY25 FY26 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Assets Under Manage
Slide 30: Consistent Portfolio Metrics | Mar'26
Consistent Portfolio Metrics | Mar’26 Business Updates 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 87% 1% 17% 13% AUM by Credit history AUM by Ticket Size Upto 0.5mn AVG: 748 Have
Slide 31: Competitive Spreads
Competitive Spreads Business Updates 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%
Slide 32: Healthy Leading Indicators
Healthy Leading Indicators Business Updates 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
Slide 33: Healthy Leading Indicators
Healthy Leading Indicators Business Updates Collection Efficiency Collection efficiency Collection Efficiency (1) Unique Customers (2) at normal levels 98.1% 98.2% 98.5% 98.3% 98.4% 98.8% 99.4% 97.8% 98.2% 97.9% 98.4% 98.0% 97.9% 98.4% 98.2% 97.2% 97.6% 97.2% 97.0% 97.3% 97.1% 96.9% 97.0% 97.0% 97.2% 97.1
Slide 34: Sound Credit Indicators
Sound Credit Indicators Business Updates DPD 1+ / POS DPD 30+ / POS % Stage 3 / POS Stage 2 / POS 5.3% 5.4% 5.5% 5.3% 4.7% 4.7% Asset quality at 4.2% 4.5% 4.5% 4.0% 3.7% 3.5% 3.7% 3.7% 3.0% 3.2% 3.0% 3.2% healthy levels 2.7% 2.8% 2.3% 1.8% 1.9% 2.0% 1.7% 1.8% 1.7% 1.8% 1.6% 1.7% 1.4% 1.4% 1.7% 1.8%
Slide 35: Diversified funding profile at competitive Cost of Borrowing
Diversified funding profile at competitive Cost of Borrowing Business Updates 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 87,954 95,120 1,05,869 1,10,559 1,15,592 1,18,474 1,
Slide 36: ALM Position as of Mar'26 - Cumulative
ALM Position as of Mar’26 - Cumulative Business Updates Inflow Outflow Surplus 59,745 18,080 24,668 29,175 35,168 36,850 (₹Mn) Robust ALM profile ensuring 2,42,676 sufficient liquidity buffers 2,01,952 2,05,826 1,41,087 1,42,207 Cumulative Positive flows 1,05,919 across all the time buckets 69,108 46,482 3
Slide 37: Assignment and Co-lending Transactions
Assignment and Co-lending Transactions Business Updates Direct Assignment Transactions Co-Lending Transactions ₹3,784 Mn ₹6,278 Mn ₹8,587 Mn ₹11,458 Mn 3,158 2,960 Consistent 2,844 2,720 318 2,620 demand for 1,009 545 assignment 781 966 of the company’s 1,956 1,936 1,880 1,927 portfolio 1,708 226 60
Slide 38: Strong Liquidity Position
Strong Liquidity Position Business Updates Liquidity Buffer as on Mar’26 (in ₹Mn) Unencumbered Cash and Cash equivalent 16,099 Un-availed Sanction from NHB 3,540 Un-availed Sanction from Banks 11,619 Total 31,258 ₹ 47,886 million Liquidity raised (excl equity) during FY26 Particulars (in ₹Mn) Q1FY27
Slide 39: Financial Updates
Financial Updates (2)
Slide 40: Financial Highlights
Financial Highlights Financial Updates Profit After Tax ( ₹Mn ) Net worth ( ₹Mn ) Equity Raised 32 53 62 337 13,172 337 12,495 12,715 12,940 13,172 5,404 ( ₹Mn ) 1,494 1,402 1,318 3,821 42.7% growth y-o-y 43,565 1,189 41,803 43,565 Robust NW to 38,551 40,144 3,057 1,047 6.6% growth q-o-q support grow
Slide 41: ECL Provisions Summary
ECL Provisions Summary Financial Updates Loan Particulars (in ₹Mn) Stage 1 Stage 2 Stage 3 Commitment Total For period ended Mar’26 Loans – Principal Outstanding 1,28,106.4 1,865.6 2,404.3 1,32,376.3 ECL Provision 279.3 195.6 575.3 30.3 1,080.5 Net Loans – Principal Outstanding 1,27,827.1 1,670.0 1,
Slide 42: Annexures
Annexures (2)
Slide 43: Quarterly and Annual Profit and Loss Statement
Quarterly and Annual Profit and Loss Statement Financial Updates Particulars (in ₹Mn) Q4FY26 Q3FY26 Q4FY25 QoQ YoY FY26 FY25 YoY Interest Income on term loans 4,120.8 4,055.7 3,436.7 1.6% 19.9% 15,734.3 12,801.6 22.9% Net gain on DA 358.2 266.8 300.5 1,121.6 912.2 Income other than interest income o
Slide 44: RoE Tree
RoE Tree Financial Updates Particulars Q4FY26 Q3FY26 Q4FY25 FY26 FY25 Interest Income on term loans / Average total assets 11.2% 11.5% 11.4% 11.5% 11.8% Net Gain on DA / Average total Assets 1.0% 0.8% 1.0% 0.8% 0.9% Income other than interest income on term loans/ Average total assets 1.5% 1.5% 1.5%
Slide 45: Key Financial Ratios
Key Financial Ratios Financial Updates Particulars Q4FY26 Q3FY26 Q4FY25 FY26 FY25 Profit after tax on average total assets (ROA) 4.1% 4.0% 3.5% 3.9% 3.5% Leverage (Average total assets / average Equity 3.4 3.4 4.9 4.0 4.7 or average Net worth) Profit after tax on average equity or average 14.0% 13.7
Slide 46: Balance Sheet
Balance Sheet Financial Updates Particulars (in ₹Mn) FY26 FY25 ASSETS Cash & cash equivalents and Other bank 8,410.2 9,382.4 balance Loans 1,31,326.1 1,06,487.0 Investments 8,122.4 3,602.4 Other financial assets 3,033.8 1,881.8 Property, plant and Equipment* 541.3 447.0 Deferred Tax Assets (Net) 0.0
Slide 47: Consistent Financial Performance over the years
Consistent Financial Performance over the years Financial Updates Particulars (in ₹Mn) FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 CAGR % 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
Slide 48: Experienced and Diverse Board
Experienced and Diverse Board Leadership 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
Slide 49: 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 50: Glossary
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 t
Slide 51: GREEN
GREEN SHAG
Home First Finance Company India — Q4 FY26 Earnings Presentation on 6ix