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Home First Finance Company reported strong growth in the fourth quarter and full financial year FY26, supported by higher loan disbursements, improved asset quality and steady profitability. The company’s assets under management rose nearly 25% year-on-year to INR 15,878 crore, while profit after tax increased over 42% to INR 149 crore during the quarter. Disbursements also touched a record INR 1,572 crore. Alongside business growth, the company continued to improve its loan portfolio quality and expanded its Green Homes initiative, taking the total number of certified homes to 450 by March 2026.
Home First Finance Company posted healthy growth across key business parameters in the fourth quarter and full year FY26, driven by steady housing loan demand, higher disbursements and improved operational performance. Advertisement
The company’s assets under management (AUM) stood at INR 15,878 crore during the quarter, registering a year-on-year growth of 24.9% compared to INR 12,713 crore in the corresponding period last year. On a quarter-on-quarter basis, AUM grew 6.4% from INR 14,925 crore.
Loan disbursements reached a new high of INR 1,572 crore in the quarter, marking a growth of 23.5% year-on-year and 19.3% sequentially. For the full FY26 financial year, total disbursements stood at INR 5,424 crore, compared to INR 4,805 crore in FY25.
The company also reported a strong rise in profitability. Profit after tax during the quarter increased 42.7% year-on-year to INR 149 crore from INR 105 crore a year ago. Sequentially, profit grew 6.6% from INR 140 crore recorded in the previous quarter. For the full year, PAT rose to INR 540 crore against INR 382 crore in FY25, reflecting a 41.4% increase.
Total income for the quarter grew 21.3% year-on-year to INR 505 crore, while annual total income rose nearly 25% to INR 1,923 crore.
Operational efficiency and portfolio quality also improved during the quarter. Gross Stage 3 assets declined to 1.8% from 2% in the previous quarter, while the company’s 1+ and 30+ delinquency ratios improved to 4.7% and 3.2%, respectively. Cost-to-income ratio improved to 32% compared to 35.7% in the same period last year.
Return on Assets stood at 4.1% during the quarter against 3.5% a year earlier, while spreads improved marginally to 5.3%.
Managing Director and CEO Manoj Viswanathan stated that India continued to maintain macroeconomic stability despite global uncertainties linked to geopolitical tensions and changing trade conditions. He added that domestic demand remained supported by stable policy measures and gradual economic recovery.
He further said the company delivered a strong performance in both Q4FY26 and FY26 through sustained business momentum and disciplined execution. According to him, growth in originations and disbursements was supported by careful underwriting and strong risk management practices, which helped improve portfolio quality and operational resilience.
The company also continued to focus on sustainable housing initiatives. Under its Green Homes programme, it certified 140 additional homes during the quarter, taking the cumulative total to 450 homes by March 2026. The initiative was introduced earlier to encourage environmentally responsible housing development and improve adoption of energy-efficient homes among buyers.
Home First has been steadily expanding its affordable housing finance portfolio over the last few years, especially in tier II and tier III markets, while maintaining a focus on first-time homebuyers. The company has also continued investing in digital loan processing and branch expansion to strengthen its retail housing finance business.
Source PTI
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