Home First India (HOMEFIRST) Q4 25/26 earnings summary

Executive summary

• FY26 delivered robust growth with AUM up 24.9% year-over-year to ₹158,777 Mn, record Q4 disbursements, and PAT up 41.4% year-over-year to ₹5,404 Mn.

• Audited financial results for FY26 were approved with an unmodified audit opinion; dividend of Rs. 5.20 per share recommended, up from Rs. 3.70 in FY25.

• Branch network expanded to 171 branches and 373 touchpoints, with 221 new employees added, mainly in customer-facing roles.

• Technology and AI adoption advanced, supporting productivity and cost efficiency.

• Re-appointment of independent directors and new audit appointments announced.

Financial highlights

• Total income for FY26 was Rs. 19,227.22 million, up from Rs. 15,392.03 million in FY25; Q4 total income was INR 505 crore, up 21.3% year-over-year.

• FY26 disbursements were INR 5,424 crore, up 12.9% over FY25; Q4 disbursements hit a record INR 1,572 crore.

• PAT for FY26 was INR 540 crore, up 41.4% year-over-year; Q4 PAT was INR 149 crore, up 42.7% year-over-year.

• Net worth increased to Rs. 43,565.39 million as of March 31, 2026.

• Basic EPS for FY26 was Rs. 14.35, up from Rs. 11.65 in FY25.

Outlook and guidance

• Targeting ~25% AUM growth year-over-year for FY27, driven by distribution expansion, technology integration, and diversified funding.

• Expecting to maintain spreads in the 5%-5.25% range and credit costs at 30-40 basis points.

• Dividend payout subject to shareholder approval at the upcoming AGM.

• Company continues to monitor regulatory changes, including new labour codes.