Home First Finance

Home First Finance Company India attended the Ashwamedh–Elara India Dialogue in Mumbai on September 1, where its officials held group and one-on-one meetings with investors and analysts. Among the participants were Helios Capital Management, HDFC Mutual Fund, Karma Capital, LIC Mutual Fund and True Beacon. Company officials were due to take part in non-deal roadshows in Singapore from September 7 to 9 and in a UBS-arranged visit to the Kalyan branch on September 9. The affordable-housing lender had AUM of ₹16,938 crore at the end of June, up 25.7% from a year earlier.

Powered by Tijori

** Systematix Research initiates coverage on Indian affordable housing finance companies (AHFCs)

** Says valuations have turned attractive after a period of sector underperformance

** AHFCs retaining competitiveness over banks as they specialize in serving semi-formal borrowers through local property assessment and decentralized credit processes that are difficult for larger lenders to replicate, brokerage says

** Tier 2 and 3 cities in South India emerging as major growth drivers due to stronger income growth, increasing housing demand and deeper mortgage penetration opportunities - Systematix

** Picks Home First Finance Co HOME.NS for productivity and technology and Aavas Financiers AVAS.NS for asset quality

** Picks Aptus Value Housing Finance India APTS.NS for superior returns and margins

** Also includes Aadhar Housing Finance AADA.NS for scale and diversification and India Shelter Finance Corp IDNI.NS for high growth potential in under-served markets

(Reporting by Urvi Dugar in Bengaluru)

(([email protected];))

Home First Finance scheduled one-on-one, in-person meetings in Mumbai with Birla Mutual Fund on September 1, Invesco Hong Kong Limited on September 2 and Marcellus Investment Managers on September 4, 2026. UBS had also arranged a branch visit for analysts and investors at the company's Kalyan branch on August 22. The interactions were to refer to the company's latest publicly available documents. Home First's assets under management stood at ₹16,938 crore in June 2026, while first-quarter total income was ₹540 crore.

Powered by Tijori

Aug 21 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• APPROVES ISSUANCE OF NCDS AGGREGATING 1.50 BILLION RUPEES

Source text: ID:nBSE8fKDJN

Further company coverage: HOME.NS

(([email protected];;))

Aug 18 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• HOME FIRST FINANCE COMPANY INDIA - TO CONSIDER ISSUANCE OF NCDS UP TO 1.50 BILLION RUPEES

Source text: ID:nBSE3VNSyJ

Further company coverage: HOME.NS

(([email protected];))

Home First Finance Company India reported a 34.5% rise in profit after tax to ₹160 crore for the June 2026 quarter, while assets under management grew 25.7% to ₹16,938 crore. The affordable housing financier also disclosed the resignation of its chief financial officer, Nutan Gaba Patwari, without providing a reason. Spreads remained stable at 5.3% and gross bad loans held at 1.8%. The company added four branches during the quarter, expanding its network to 175 branches and 373 touchpoints.

Powered by Tijori

** Affordable housing finance companies (AHFCs) are at start of strong earnings upcycle, with asset quality and idiosyncratic concerns largely resolved, says Morgan Stanley

** AHFCs' disbursement growth poised to pick up in FY27, as early as Q1 FY27 - brokerage says

** Brokerage expects AUM growth of 21-25% Y/Y as transient headwinds, including U.S. trade tariffs, MSME stress, irregular weather ease; raises EPS forecasts by 1-5% across coverage on higher loan growth assumptions

** Morgan Stanley's top picks are Aptus Value Housing Finance APTS.NS, Home First Finance HOME.NS PNB Housing Finance PNBH.NS

** Raises PTs by 2.5% on APTS, 4.1% on HOME, 12.4% on PNBH

** Also lifts PT by 2.9% on Can Fin Homes CNFH.NS, 4.4% on Aavas Financiers AVAS.NS

** HOME, APTS, CNFH stocks up 1-3%, while PNBH, AVAS down 0.3-1.2%

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

June 25 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• HOME FIRST FINANCE COMPANY INDIA - NUTAN GABA PATWARI TO STEP DOWN AS CFO

Source text: ID:nBSE4HL3S7

Further company coverage: HOME.NS

(([email protected];))

Home First Finance Company India Ltd informed stock exchanges that its officials will attend the JM Financial India Finance Forum Conference on June 23, 2026, for group and one-on-one meetings with investors and analysts. The company also scheduled branch visits at Kalyan, Ahmedabad, and Jaipur branches on June 22 and 24. Participants include Enam Holdings, a prominent institutional investor, among others. The investor presentation uploaded on May 6 will be referenced during discussions.

Powered by Tijori

May 6 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• HOME FIRST FINANCE COMPANY INDIA LTD MARCH-QUARTER PAT 1.49 BILLION RUPEES

• HOME FIRST FINANCE COMPANY INDIA LTD MARCH-QUARTER TOTAL REVENUE FROM OPERATIONS 5.01 BILLION RUPEES

• HOME FIRST FINANCE COMPANY INDIA LTD - DIVIDEND OF 5.20 RUPEES PER SHARE

• HOME FIRST FINANCE COMPANY INDIA - ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UP TO 10 BILLION RUPEES

Source text: [ID:]

Further company coverage: HOME.NS

(([email protected];))

Feb 26 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• AETHER (MAURITIUS) SELLS 2.7 MILLION SHARES IN HOME FIRST FINANCE CO, TRUE NORTH FUND V LLP SELLS 2.8 MILLION SHARES VIA BULK DEALS - NSE DATA

Further company coverage: HOME.NS

(([email protected];;))

** Shares of Home First Finance Company HOME.NS rise 2.4% to 1,234 rupees, hitting their highest level in nearly a month

** Stock up 5% in two sessions after PL Capital initiates coverage with "buy" rating and TP of 1,375 rupees

** Brokerage expects AUM to grow by 24% compounded annual growth rate over FY25-28 aided by deeper geographic expansion

** Despite rising competition, HOME has been able to maintain steady lending yields - PL Capital

** Says while credit cost has been elevated, expect it to normalise in FY27/28

** PL Capital finds HOME's valuation attractive, views it among best affordable housing finance cos in India

** Average rating of 22 analysts covering stock is "buy", their median PT is 1,370 rupees - LSEG data

** Stock up 12% so far in 2026

(Reporting by Nishit Navin in Bengaluru)

(([email protected]))

** Shares of Home First Finance HOME.NS rise 6.4% to 1,116 rupees, its highest in three weeks

** Q3 net profit rises 44% y/y, revenue up 19% y/y

** More than 880,000 shares traded so far vs 229,329 30-day avg vol

** Stock rated "buy" on average by 21 analysts; median PT at 1,356.50 rupees - data compiled by LSEG

** Stock rose 4.4% in 2025

(Reporting by Brijesh Patel in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

Jan 22 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• DEC-QUARTER PAT 1.4 BILLION RUPEES

• DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 4.82 BILLION RUPEES

Source text: [ID:]

Further company coverage: HOME.NS

(([email protected];))

** India's Home First Finance HOME.NS sees nearly 11 million shares or 10.64% of its equity change hands in a block deal worth 13.07 billion rupees ($149.36 million) on NSE

** Warburg Pincus entity Orange Clove Investments likely exited home financier, as per multiple media reports

** Block deal at avg price of ~1,190.5 rupees per share, vs stock's previous close of 1,202.3 rupees

** HOME up 6.1% at 1,275 rupees, set to snap three-day losing streak

** Analysts on avg recommend "buy" rating on HOME; PT at 1,480 rupees, as per data compiled by LSEG

** Stock takes YTD gains to 20.1%

($1 = 87.5075 Indian rupees)

(Reporting by Vivek Kumar M)

(([email protected];))

** Home First Finance Company India HOME.NS up 5%, Aadhar Housing Finance AADA.NS up 1.3%

** Aptus Value Housing Finance India APTS.NS gains 1.4%, PNB Housing Finance PNBH.NS inches up 0.3%

** Aavas Financiers AVAS.NS down 0.5%

** Bernstein initiates coverage on affordable housing financiers, with "outperform" ratings on HOME, APTS, and AADA, and "market-perform" on AVAS and PNBH

** Expects next leg of retail credit growth to be led by mortgages - Bernstein

** "Specialised lenders focused on low-income, informally employed borrowers.. stand to gain share in this segment"; "The segment remains attractive with good profitability and growth" - note

** YTD HOME and APTS up 36% and ~19% respectively, AADA rises 8%

** PNBH and AVAS gains ~26% and ~17% so far in 2025

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Indian stock market rebound since April fueled by a more dovish RBI under Governor Sanjay Malhotra, says Jefferies strategist Chris Wood

** Benchmark Nifty .NSEI, Sensex .BSESN gain 6.5% each since April

** RBI delivered surprise 50 bps rate cut and 100 bps CRR reduction in June

** Jefferies expects another 25 bps rate cut by year-end, but flags stretched valuations as a concern

** Elevated valuations are prompting corporates to tap capital markets aggressively, posing a risk to market stability

** Equity supply hit $7.2 billion in May and has reached $6 billion in June, approaching levels last seen in September 2024

** Jefferies removes Larsen & Toubro LART.NS, Thermax THMX.NS, and Godrej Properties GODR.NS from its India long-only portfolio

** Reallocates 4 percentage points each to TVS Motor TVSM.NS, Home First Finance HOME.NS, and Manappuram Finance MNFL.NS, citing measures to boost consumer finance sector

** Increases exposure in PB Fintech PBFI.NS and Bharti Airtel BRTI.NS by 1 percentage point each

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

May 1 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• HOME FIRST FINANCE - DIVIDEND 3.7 RUPEES PER SHARE

• HOME FIRST FINANCE - TO ISSUE NCDS UPTO 7 BILLION RUPEES VIA PRIVATE PLACEMENT

Source text: ID:nNSE3ctW9S

Further company coverage: HOME.NS

(([email protected];))

** India's Home First Finance HOME.NS gains 8% to 1,142.60 rupees

** Investec keeps 'buy' rating on the housing financier , hikes PT to 1,350 rupees from 1,300 rupees

** Says HOME is "ahead of its affordable peers" such as Aadhar Housing Finance AADA.NS and Aavas Financiers AVAS.NS

** Says best-in-class asset quality, scalable affordable housing business and customer-centric approach to boost profit

** Notes HOME's reliance on debt has fallen after recent equity raise, which could become preferred route for funding

** Analysts on avg rate HOME and AADA 'strong buy' and AVAS 'buy'; their median PT on HOME is 1,290 rupees -LSEG data

** HOME up 8% YTD vs 11% for AADA and 19.5% for AVAS

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

April 14 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• RAISED 12.5 BILLION RUPEES THROUGH QUALIFIED INSTITUTIONAL PLACEMENT

Source text: [ID:]

Further company coverage: HOME.NS

(([email protected];;))

** Shares of Home First Finance Company India HOME.NS rise 2.8% to 1,015.45 rupees, set to snap three-session losing streak

** Housing finance firm opens qualified institutional placement of shares with floor price set at 1,019.25 rupees per share, premium of 3.2% to Tuesday's closing price

** Co has shareholders' approval to raise up to 12.5 billion rupees ($144.5 million) through QIP issue of shares

** Trading vols at 1.47 million shares, nearly 2x the 30-day average

** HOME down ~4% so far in 2025

($1 = 86.5330 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

April 8 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• FLOOR PRICE FOR QIP ISSUE SET AT 1,019.25 RUPEES PER SHARE

Source text: ID:nNSE7KDPmM

Further company coverage: HOME.NS

(([email protected];;))

** Asian Markets Securities initiates coverage on India's affordable housing finance cos, citing robust growth and returns

** Says AADA HAS better diversification, with top three states ~40% of AUM vs 59%-67% for other three

** Expects AADA and IDNI to achieve 4%-plus ROA with AUM CAGR at 20% and 32% each over FY24-27

** On the day, AADA down ~1%, AVAS up 2.6%, HOME down 1.44% and IDNI flat

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

** Indian market is poised for a near-term bounce, says Jefferies, making changes to its India model portfolio

** Cites Nifty's .NSEI valuations near long-term averages, government spending, RBI easing, and strong domestic inflows as reasons for the potential rise

** Nifty is down 15% since hitting record peak in September

** Brokerage expects banks, non-bank lenders, autos, property, and power to fuel Nifty's revival

** Double downgrades IT .NIFTYIT to "underweight" from "overweight," citing high valuations and U.S. economic risks

** Metals .NIFTYMET get a higher weight due to a potential China recovery, expectations of safeguard duties on Chinese steel imports

** Cuts pharma .NIPHARM to "neutral" from "overweight" over U.S. tariff concerns

** Crompton Greaves Consumer CROP.NS joins the portfolio, while weight of some auto stocks cut after weak sales data

** In its India model portfolio, Jefferies replaces Home First HOME.NS with Shriram Finance SHMF.NS, citing strong demand for used commercial vehicles and stable asset quality

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Jan 28 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• HOME FIRST FINANCE COMPANY INDIA DEC-QUARTER PAT 973.8 MILLION RUPEES

• HOME FIRST FINANCE COMPANY INDIA DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 4.06 BILLION RUPEES

Source text: [ID:]

Further company coverage: HOME.NS

(([email protected];))

** Shares of Can Fin Homes CNFH.NS rise 5.8% to 881 rupees, set for best day in four months

** Housing finance co reports a near 34% rise in Sept-qtr net profit after tax to 2.11 billion rupees ($25.10 million) on higher disbursements

** Busiest session for stock in over a month; more than 1.6 mln shares change hands, over two times the 30-day avg

** Avg rating by analysts covering CNFH at "buy"; peers Home First Finance Co HOME.NS and Aptus Value Housing Finance India APTS.NS also rated "buy"

** CNFH's median PT is at 937 rupees - LSEG data

** Stock up ~13% so far this year vs a ~20% and ~13% rise in HOME and APTS, respectively

($1 = 84.0480 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

** Shares of Home First Finance HOME.NS rise 6.2% to 1,095.9 rupees

** Housing finance co reported a 27% rise in Q1 PAT, buoyed by a 31% rise in interest income

** More than 1.2 mln shares traded, 3x its 30-day avg

** Avg rating of 16 analysts is a "strong buy" vs "buy" rating on rivals Shriram Finance SHMF.NS, Aavas Financiers AVAS.NS - LSEG data

** Stock up 18% so far this year; SMHF is up 33.7% and AVAS is up 14.4%

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

July 25 (Reuters) - Home First Finance Company India Ltd HOME.NS:

• HOME FIRST FINANCE COMPANY INDIA JUNE-QUARTER PAT 877.7 MILLION RUPEES

• HOME FIRST FINANCE COMPANY INDIA JUNE-QUARTER TOTAL REVENUE FROM OPERATIONS 3.36 BILLION RUPEES

Source text for Eikon: ID:nBSE67xrg7

Further company coverage: HOME.NS

(([email protected];))

** Jefferies expects Modi-led coalition government to announce affordable housing scheme in upcoming budget, says likely will lift growth in affordable housing loans

** Brokerage sees Aavas Financiers AVAS.NS and Home First Finance Co India HOME.NS as direct beneficiaries

** AVAS, HOME add 5.4% each on the day

** Brokerage prefers Can Fin Homes CNFH.NS over LIC Housing Finance LICH.NS among larger players

** CNFH and LICH up 2.3% and 4.3%, respectively

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shares of Shriram Finance SHMF.NS up as much as 5% at 2,417.85 rupees, last up 2.7%

** NBFC says it will sell its entire stake in unit Shriram Housing Finance to Warburg Pincus in a deal valued at 46.30 bln rupees ($554.5 mln)

** Valuation ~18% below Morgan Stanley's valuation of 57 bln rupees, in-line with Axis Capital's expectation

** Sale could lead to a P&L gain of 23.5 bln rupees (3% of market cap)- CLSA

** Adds Warburg's valuations lower than that of other housing finance cos like Aavas Financiers AVAS.NS, Home First Finance HOME.NS, Aptus Value Housing Finance India APTS.NS

** Analysts avg rating on SHMF "buy"; median PT 2,900 rupees - LSEG data

** Stock up ~16% YTD vs 2% rise in Nifty 50 Index .NSEI and 1% dip in Nifty Financial Services Index .NIFTYFIN

($1 = 83.5040 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))