Home First Finance Company India Ltd share price logo

Home First Finance Company India Ltd (HOMEFIRST)

₹1041.62%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 16 analysts

BUY

93.75%

Buy

0.00%

Hold

6.25%

Sell

Based on 16 analysts offering long term price targets for Home First Finance Company India Ltd. An average target of ₹1116.69

Source: S&P Global Market Intelligence

Home First Finance Company India Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,031.05
    ₹1,085.15
  • 52 Week's Low

    52 Week's High

    ₹776.65
    ₹1,195
1 Month Return+ 5.03 %
3 Month Return+ 21.31 %
1 Year Return+ 27.42 %
Previous Close₹1,062.90
Open₹1,073.50
Volume1.55L
Upper Circuit-
Lower Circuit-
Market Cap₹9,450.31Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹9,450.31 Cr
P/B Ratio3.75
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Canara Robeco Small Cap Fund Direct GrowthCanara Robeco Small Cap Fund Direct Growth0.78%
Invesco India Smallcap Fund Direct GrowthInvesco India Smallcap Fund Direct Growth1.43%
Invesco India Multicap Fund Direct Plan Growth OptionInvesco India Multicap Fund Direct Plan Growth Option1.73%
Edelweiss Small Cap Fund Direct GrowthEdelweiss Small Cap Fund Direct Growth1.42%
Invesco India ELSS Tax Saver Fund Direct GrowthInvesco India ELSS Tax Saver Fund Direct Growth1.8%

Company Information

Home First Finance Company India Limited is an innovative technology-driven affordable housing finance business that targets first-time home buyers in low and middle-income households. With a CAGR of 63.4, its gross loan assets have grown from Rs 13,559 million in FY 2018 to Rs 37,300 million in FY 2020. It services over 44,766 active loan accounts and the average ticket size for its housing loans is Rs 1.01 million. To ensure efficient operations, the Company leverages technology and employs paperless onboarding, customer scoring models, CRM and loan management systems, and dedicated mobile apps. Founded by experienced professionals in 2010, Jaithirth Rao, P.S. Jayakumar, and Manoj Viswanathan, Home First Finance Company has expanded to 60 districts in 11 states and a union territory. It also has significant presence in urbanized regions of Gujarat, Maharashtra, Karnataka and Tamil Nadu and is backed by True North, Warburg Pincus, Bessemer, and Orange Clove Investments B.V.

Share Price: ₹1041.60 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹9,450.31Cr as of today
Listing date: 03 Feb, 2021
Chairperson Name: Deepak Satwalekar
OrganisationHome First Finance Company India Ltd
Headquarters
IndustryFinance
E-voting on sharesClick here to vote

Key events for Home First Finance Company India Ltd

  • Real Estate Sector Proposals in Budget 2024-25 May Affect Home Loan Providers - 23 Jul, 2024

    The Modi government's proposals for the real estate sector in Budget 2024-25 may impact home loan providers like Home First Finance Company India Ltd. The industry expects a push towards affordable housing, credit-linked incentive schemes for economically weak and lower-income groups, and tax benefits for affordable houses.

  • Home First Finance: Tech-Focused Affordable Housing Finance Player - 16 Jul, 2024

    Home First Finance is a tech-focused affordable housing finance player with an AUM of Rs.90bn, catering mainly to the salaried segment with EWS and LIG customers accounting for 63% of its AUM. It has a presence across 321 touchpoints in 13 states in India.

  • Warburg Pincus Considers Selling Stake in Home First Finance Company - 10 Jul, 2024

    Private equity firm Warburg Pincus is reportedly considering selling some of its stake in Home First Finance Company through block trades.

Insights on Home First Finance Company India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.62% to 9.65% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 39.50% to 39.85% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 52.5% return, outperforming this stock by 25.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 183.8% return, outperforming this stock by 94.2%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 23.56% to 23.45% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, HOMEFIRST stock has moved down by -3.3%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 25.09% to 24.74% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹9,579.70Cr
↑41.36%
Total Liabilities
₹7,458.22Cr
↑50.39%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹1,907.68Cr
↑29.90%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
23.45%
-0.44
Foreign Institutions
24.74%
-1.41
Mutual Funds
9.65%
0.32
Retail Investors
39.85%
0.87
Others
2.31%
3.69

Key Indicators

Earnings and Dividends

  • Home First Finance Company India Ltd Earnings Results

    Home First Finance Company India Ltd’s net profit jumped 30.36% since last year same period to ₹83.47Cr in the Q4 2023-2024. On a quarterly growth basis, Home First Finance Company India Ltd has generated 5.9% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Home First Finance Company India Ltd Dividends May,2024

    In the quarter ending March 2024, Home First Finance Company India Ltd has declared dividend of ₹3.40 - translating a dividend yield of 0.32%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Neutral

Home First Finance Company India Ltd is currently in a Neutral trading position according to technical analysis indicators.

Frequently Asked Questions

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Home First Finance Company India Ltd (HOMEFIRST) share price today is ₹1041.6

Home First Finance Company India Ltd is listed on NSE

Home First Finance Company India Ltd is listed on BSE

  • Today’s highest price of Home First Finance Company India Ltd is ₹1085.15.
  • Today’s lowest price of Home First Finance Company India Ltd is ₹1031.05.

Today’s traded volume of Home First Finance Company India Ltd(HOMEFIRST) is 1.55L.

Today’s market capitalisation of Home First Finance Company India Ltd(HOMEFIRST) is ₹9450.31Cr.

Home First Finance Company India Ltd(HOMEFIRSTPrice
52 Week High
₹1195
52 Week Low
₹776.65

Home First Finance Company India Ltd(HOMEFIRST) share price is ₹1041.6. It is down -12.84% from its 52 Week High price of ₹1195

Home First Finance Company India Ltd(HOMEFIRST) share price is ₹1041.6. It is up 34.11% from its 52 Week Low price of ₹776.65

Home First Finance Company India Ltd(HOMEFIRSTReturns
1 Day Returns
-21.3%
1 Month Returns
5.03%
3 Month Returns
21.31%
1 Year Returns
27.42%