Home First Q1 profit rises 34%, in line with guidance
Net profit of ₹159.85 cr meets expectations; total income up 18.5%. No surprise, market likely priced in.
— 4 earlier stories on Home First Finance Company India Ltd. →What's new
- Net profit rose 34% YoY to ₹159.85 crore
- Total income grew 18.5% to ₹539.84 crore
- Auditors issued unmodified limited review opinion
Why this matters
Home First's Q1 results are strong but consistent with its guided growth trajectory of ~25% AUM expansion. The filing itself carries no incremental news - the numbers were widely anticipated. The open question is whether AUM growth accelerates from here.
What we're watching
- AUM growth trajectory for the rest of FY27
- Any update on Enam Holdings meeting (June 2026 conference)
- Net interest margin movement in a rising rate environment
The full read
Home First Finance reported a 34% YoY rise in net profit to ₹159.85 crore for Q1 FY27, with total income up 18.5% to ₹539.84 crore. The joint auditors gave an unmodified limited review opinion. These figures are in line with management's guidance of ~25% AUM growth - a trajectory the market has already priced in. The stock trades at a trailing P/E of 23.1, reflecting steady performance. The filing itself offers no surprise; the next catalyst may be the outcome of the Enam Holdings meeting in June. A solid quarter, but a routine one.
Questions answered
- How does this quarterly profit compare to the previous quarter?
- Q1 FY27 net profit of ₹159.85 crore is higher than the March 2026 quarter's ₹149 crore, indicating sequential growth.
- Is the AUM growth in line with management guidance?
- Yes, the analyst rationale notes the results are consistent with management's guidance of ~25% AUM growth.
- Why is this filing considered routine?
- The results were in line with expectations and widely covered; the filing offers no material new information beyond the already-anticipated numbers.
- What was the audit opinion on these results?
- The joint statutory auditors issued an unmodified limited review opinion, meaning no material discrepancies were found.
- What is Home First's current valuation?
- The company has a market cap of ₹12,456 crore and trades at a trailing P/E of 23.1, reflecting its consistent growth.
Home First Finance Company India Ltd.
Latest quarter · Mar 2026
Leverage & growth
Story so far
All notes on HOMEFIRST →- 27 Jul 2026 · 5:52 PM IST Home First Q1 profit rises 34%, in line with guidance
- today Home First Q1 profit rises 34.5% to ₹160 cr, AUM growth on track
- today Home First CFO exits even as Q1 profit jumps 34.5%
- today Home First Q1 net profit rises 34% to ₹159.85 cr
- 37d ago Home First to meet Enam Holdings at JM Financial conference