Home First Finance Company India Ltd Q3 FY26 Results

India’s economy continues to display resilience despite global uncertainties arising from trade, tariffs and geopolitics. The policy landscape has turned supportive and economic momentum appears to be around the corner. We are pleased to present the financial performance for Q3FY26, which reflects a strong business momentum, robust profitability along and a stable asset quality with improving early delinquencies. This quarter the company continued to grow disbursements and originations as we progress out of a challenging credit cycle. In this quarter, disbursement grew by 10.5% YoY, to an all time high of ₹1,318 Cr, resulting in an AUM of ₹14,925 Cr with a growth of 24.9% YoY. We further expanded our network, adding 2 branches and 2 touch points, taking our total branch count to 165 and touchpoints to 368. We also delivered a very strong operating performance - Profit after Tax grew by 44.0% YoY to ₹140 Cr supported by Net Total Income growth of 34.8% YoY to ₹290 Cr; RoA and RoE stood at 4.0% and 13.7% respectively. Pre money ROE was at 17.1% Provisions arising from the implementation of new labour codes have been recorded and these one-time expenses have impacted opex and earnings of Q3FY26. If we exclude the labour codes adjustments, the earnings growth in Q3FY26 has improved by 46.6% y-o-y and 8.3% q-o-q. Our asset quality remains healthy and stable: 1+ DPD is at 5.3% (down by 20 bps on q-o-q). 30+ DPD at 3.7% (flat on q-o-q). Gross Stage 3 (GNPA) is at 2.0% (up by 10 bps on q-o-q). Our credit cost is at 40 bps (flat on q-o-q basis). We continue to maintain a credit cost guidance of 30 to 40 bps, ensuring disciplined risk management even as we scale. We are equally committed to responsible growth. Under our Green Homes initiative, we certified 70 additional homes in the quarter, taking the cumulative count to 310 as of December. AS we approach FY27, we are geared for a 25% AUM growth YoY led by distribution and use of technology, backed by diversified funding and strong risk management. At HomeFirst, we are positioned to leverage the opportunities with our strong fundamentals, disciplined execution, and prudent risk management. As we look ahead, our commitment is clear: to build an institution that is agile, inclusive and resilient with the ability to thrive across economic cycles.”