NEW DELHI: Home First Finance Company India has reported a 35.47% growth in its net consolidated profit for the quarter ending June 30, 2025. Their profit after tax reached ₹118.89 crore in Q1 FY26, up from ₹87.76 crore in the same quarter last year, as stated in a BSE filing.
The net consolidated total income for the company amounted to ₹455.26 crore in Q1 FY26, reflecting a 33.38% increase from ₹341.32 crore in the corresponding period of the previous year.
Assets under management (AUM) rose by 28.6% year-on-year to ₹13,479 crore, while disbursements increased by 7% to ₹1,243 crore. The return on assets (ROA) was reported at 3.7%, with gross non-performing assets (NPA) at 1.8%. The cost-to-income ratio stands at 34.2%. As of June 30, 2025, the expected credit loss (ECL) provision amounts to ₹90 crore, yielding a total provision to loans outstanding ratio of 0.8%, and a gross NPA to total provision coverage ratio of 43.1%, down from 46.6% as of March 31, 2025.
Manoj Viswanathan, MD & CEO, noted, “In Q1 FY26, we achieved consistent business growth, with AUM reaching ₹13,479 crore, marking a year-on-year increase of 28.6% and a quarter-on-quarter increase of 6.0%. A significant highlight this quarter was the successful ₹1,250 crore Qualified Institutional Placement (QIP) and the upgrade of our long-term credit rating to AA (Stable) by ICRA, IndRa, and CARE. This capital boost enhances HomeFirst’s capital base and strengthens our capacity to expand our presence, enhance customer engagement, and continually deliver value to our stakeholders. Our disbursements, amounting to ₹1,243 crore, met our Q1 expectations, and we’ve also extended our distribution network by adding three new branches this quarter, bringing the total to 158.”
Total capital adequacy ratio (CRAR) stands at 49.6%, with Tier I capital at 49.2% as of June 30, 2025. The company’s net worth is ₹3,855 crore, while total borrowings, including debt securities, amount to ₹9,674 crore as of the same date. Furthermore, the company maintains liquidity of ₹3,379 crore, with a borrowing cost of 8.4%.
