Q1 2027 Home First Finance Company India Ltd Earnings Call Transcript
Key Points
- AUM grew 25.7% year-on-year to INR16,938 crore, driven by strong disbursement growth of 31% YoY.
- Profit after tax increased 34.5% YoY to INR160 crore, supported by a 38.2% rise in net interest income.
- Asset quality remained stable with gross Stage 3 flat at 1.8% and 30+ DPD flat at 3.2%.
- Cost of borrowing reduced by 10 basis points sequentially to 7.8%, with incremental borrowing costs at a favorable 7.6%.
- Technology investments, including AI-driven underwriting and customer communication platforms, are improving efficiency and customer experience.
- Cost-to-income ratio increased 70 basis points sequentially to 32.7% due to increments and fresh hiring.
- Co-lending disbursements remained weak at INR46 crore, with momentum impacted by process and policy changes.
- The CFO, Nutan Patwari, is stepping down from executive responsibilities, creating leadership uncertainty.
- Capital adequacy ratio declined slightly to 42.6% from 44.1% in the previous quarter.
- Competitive intensity remains high, with balance transfer out rates potentially rising from the current low of 4.5%.
Ladies and gentlemen, good day, and welcome to the Q1 FY27 Home First Finance Company India Limited earnings conference call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Sunil Anjana, Head, Treasury and Investor Relations of Home First Finance Company India Limited. Thank you, and over to you, sir.
Thank you, [Alwin]. Good evening, ladies and gentlemen, and welcome to Home First Finance Company's earnings conference call to discuss the financial results for the quarter ended June 30, 2026.
We hope you have had the chance to review our investor presentation and press release, both of which are available on our website and the stock exchanges. As per our practice, we have also uploaded an Excel fact sheet containing historical data on our website for your easy reference.
From the management, we have with us today Mr. Manoj Viswanathan, MD and CEO; and Ms. Nutan Gaba Patwari,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
