Can Home First Finance Sustain Its 30% AUM Growth Rate for FY25, Considering Market Dynamics?

Its assets under management grew 35% on year to Rs. 10,478 crores, while loan disbursement grew 30% on year to Rs. 1,163 crores. About 86% of its portfolio comprises housing loans with average ticket size of Rs 11.6 lakh.

Home First Finance Company Q1 Results: Net profit up 27% at Rs 88 crore

Home First Finance Company India standalone net profit rises 26.98% in the June 2024 quarter

Upcoming results: Tech Mahindra, Nestle India, Motilal Oswal Financial Services, Aavas Financiers, Adani Green Energy, Ashok Leyland, AU Small Finance Bank, Canara Bank, Chalet Hotels, Chennai Petrochem Corp, Cyient, DLF, Glenmark Life Sciences, Go Digital General Insurance, Home First Finance Company India, Jupiter Wagons, Jyothy Labs, Laurus Labs, MGL, Mphasis, PNB Housing Finance, Praj Industries, The Ramco Cements.

Stock alert: Axis Bank, Larsen & Toubro, SBI Life Insurance Company, J K Paper, Bikaji Foods, Oracle Financal Services Software

Home First Finance Company India grants 11 lakh stock options

Home First Finance Company India Ltd, Nava Ltd, Mahindra Logistics Ltd and AAVAS Financiers Ltd are among the other losers in the BSE’s ‘A’ group today, 04 July 2024.

ITD Cementation India Ltd leads losers in ‘A’ group

Dilip Buildcon Ltd, Shree Renuka Sugars Ltd, Bajaj Hindusthan Sugar Ltd and Home First Finance Company India Ltd are among the other gainers in the BSE’s ‘A’ group today, 13 June 2024.

KIOCL Ltd leads gainers in ‘A’ group

Hindustan Construction Company Ltd, H.G. Infra Engineering Ltd, Reliance Industrial Infrastructure Ltd and Home First Finance Company India Ltd are among the other gainers in the BSE’s ‘A’ group today, 11 June 2024.

Jai Corp Ltd leads gainers in ‘A’ group

SBI reported its best-ever quarterly profits on the back of strong fee income traction, healthy loan growth, and stable net interest margins.

SBI, Asian Paints, SRF, Kalpataru Projects, Home First Finance Q4 Results Review: HDFC Securities

Valuations have seen a de-rating; remain positive

Home First Finance, Aavas Financiers- Homing In On Affordable Housing: Nirmal Bang Initiates Coverage With Buy

Re-iterate Buy, valuation reasonable after recent price correction

Home First Finance - Strong Execution To Continue: Yes Securities

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Home First Finance Company India Limited is an India-based housing finance company. The Company is a technology-driven lender that provides loans to customers from low and middle-income groups. 