Home First Finance Company India Ltd Q4 FY26 Results

India maintains macroeconomic stability despite a global landscape disturbed by Middle Eastern conflicts and shifting trade dynamics. Domestic demand continues to be supported by stable policy settings and gradually improving economic momentum. Against this backdrop, the Company delivered a strong Q4FY26 and FY26 performance, marked by sustained business momentum and enduring profitability. Our Assets Under Management (AUM) grew to ₹15,878 Crore, registering a robust 24.9% YoY and 6.4% QoQ growth. We achieved strong growth in originations and disbursements during this quarter, anchored in disciplined underwriting and rigorous risk management. This enabled us to navigate a dynamic operating environment while further strengthening portfolio quality and operational resilience. During the quarter, disbursement grew by 23.5% YoY and 19.3% QoQ, to an all time high of ₹ 1,572 Crore. We continued to scale our distribution footprint in key affordable housing markets. During FY26, we expanded our network by adding 16 branches and 12 touchpoints, taking the total to 171 branches and 373 touchpoints. To support this growth, we strengthened our workforce with the addition of 221 employees, primarily in customer-facing roles, taking total headcount to 1,855. We also delivered a very strong operating performance – our Q4 Profit after Tax grew by 42.7% YoY and 6.6% QoQ to ₹149 Crore supported by Net Total Income growth of 37.0% YoY and 6.9% QoQ to ₹310 Crore; RoA stood at 4.1%. For FY26, Profit After Tax (PAT) stood at ₹540 Crore, 41.4% YoY, translating into a Return on Equity (RoE) of 15.7% (pre-money RoE of 16.8%). On a QoQ basis, Asset quality has strengthened materially, with a pronounced improvement in early-stage delinquencies (1+ and 30+ DPD), driving a meaningful reduction in GNPA. This structural improvement, underpinned by a stabilizing credit environment, reflects our disciplined and risk-calibrated growth strategy. 1+ DPD at 4.7% (improved by 60bps QoQ), 30+ DPD at 3.2% (improved by 50bps QoQ), GNPA at 1.8% (improved by 20bps QoQ), and credit cost steady at 40bps. We continue to maintain disciplined risk management with credit cost guidance of 30–40bps even as we scale. We remain committed to responsible and sustainable growth. Under our Green Homes initiative, we certified 140 additional homes during the quarter, taking the cumulative count to 450 as of March 2026. As we move into FY27, we are well positioned to deliver ~25% YoY AUM growth, driven by continued expansion of our distribution footprint, deeper technology integration, diversified funding sources, and a strong, embedded risk governance framework, reaffirming the strength of our portfolio and the resilience and stability of our business. Backed by robust fundamentals and disciplined execution, we remain confident in our ability to consistently capture emerging opportunities and scale with preci