Home First Finance Company India Limited reported a 34.5% year-on-year increase in profit after tax to ₹160 crore for the quarter ended June 30, 2026, driven by a 38.2% surge in net interest income and disciplined pricing strategies. The affordable housing finance company also announced that CFO Nutan Gaba Patwari will step down from her executive responsibilities effective August 31, 2026, after eight years of service, with the Board currently evaluating candidates for the role.

The company’s financial performance was underpinned by proactive liability management and strong asset growth. Total income rose 18.6% year-on-year to ₹540 crore. Net interest margin expanded to 6.0% from 5.9% in the previous quarter, aided by a 10 basis point sequential reduction in the cost of borrowing to 7.8%. Pre-provision operating profit grew 32.9% year-on-year to ₹224 crore, demonstrating operating leverage as the balance sheet scaled.

Key Financial Metrics

Asset quality remained stable during the quarter, with 1+ days past due (DPD) flat at 4.7%, 30+ DPD at 3.2%, and Gross Stage 3 assets at 1.8%. Provision coverage on Stage 3 assets stood at 23.4%, while total provision coverage including management overlays was 45.3%. The capital adequacy ratio decreased slightly to 42.6% from 44.1% in March 2026, with Tier 1 capital at 42.2%. Book value per share was ₹429.

What the Numbers Show

Disbursement growth of 31.0% year-on-year was equally driven by volume expansion and value migration, according to MD & CEO Manoj Viswanathan. The share of loans above ₹25 lakh increased from 14% to 18% over the last year, reflecting rising customer incomes and aspirations. Despite this shift towards higher ticket sizes, origination yields remained healthy at 13.0%, as the company continues to serve customers who face documentation challenges with larger banks. This segment stability has allowed Home First to maintain its targeted spread range of 5% to 5.25%, insulating margins from significant compression despite the changing portfolio mix.

Operational and Strategic Updates

The company expanded its distribution network by adding four branches in Gujarat, Andhra Pradesh, Tamil Nadu, and Madhya Pradesh, bringing the total to 175 branches and 373 touch points. Employee headcount increased by 133 to 1,988, primarily in customer-facing roles. Individual housing loans accounted for 83% of the portfolio, reinforcing the granular secured nature of the business.

On the technology front, Home First operationalized ‘Cue’, an AI-orchestrated omnichannel customer communications platform, and deployed AI models for bureau analysis and bank statement analysis to improve underwriting efficiency. The company certified 100 additional homes under its Green Homes initiative, reaching a cumulative total of 550.

Regarding funding, 57% of borrowings were from private and public banks, 14% from NHB, and 21% from assignment and co-lending. Co-lending disbursements were ₹46 crore, taking the book to ₹617 crore or 3.6% of AUM. Management noted that co-lending momentum had been weak due to process changes but expects stabilization as partner banks align with new policies.

Home First Finance Company India Limited will conduct a series of one-on-one, in-person meetings with institutional investors and analysts in Mumbai on Thursday, August 06, 2026, and Friday, August 07, 2026. The schedule was disclosed to the Bombay Stock Exchange and the National Stock Exchange of India Limited on August 04, 2026, ensuring transparency regarding upcoming management interactions with market participants.

The meetings are scheduled under Regulation 30 (read with Para A, Part A of Schedule III) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory requirement mandates that listed entities disclose any interaction between company officials and investors or analysts to prevent information asymmetry. The company emphasized that officials will refer only to the latest publicly available documents during these discussions.

The investor presentation referenced for these meetings was previously uploaded to the company’s website, www.homefirstindia.com , and intimated to the stock exchanges vide letter HFFCIL/BSE/NSE/EQ/50/2026-27 dated July 27, 2026. This ensures that all market participants have access to the same baseline information prior to the one-on-one engagements.

The detailed schedule of the meetings is as follows:

Shreyans Bachhawat, Company Secretary, Compliance Officer, and Head – Legal at Home First Finance Company India Limited, signed the disclosure. The filing notes that the dates are subject to change due to exigencies on the part of the company or the analyst/investor/fund. The scrip code for the company on BSE is 543259, and the symbol on NSE is HOMEFIRST.