Home First Finance Reports FY26 Performance: AUM Reaches ₹1,58,777 Mn as Focus Remains on Affordable Housing Growth

Home First Finance Reports FY26 Performance: AUM Reaches ₹1,58,777 Mn as Focus Remains on Affordable Housing Growth​

Home First Finance Company India Limited (HFFCIL) presented a comprehensive overview of its operations and financial performance during the 17th Annual General Meeting held on June 24, 2026. The presentation highlighted the company's commitment to technology-driven affordable housing finance across India, detailing robust growth in loan disbursements and maintaining a diversified funding profile.

Operational Scale and Market Penetration​

As of March 2026, Home First Finance maintained Assets Under Management (AUM) at ₹1,58,777 Million. The company is described as a technology-driven affordable housing finance provider with a pan India presence. Its distribution model utilizes hub and spoke structures, covering approximately 80% of the affordable housing market in the country.

The company’s operational reach includes 373 touchpoints across 144 districts, supported by 1,39,171 branches. A significant operational efficiency metric noted was that 89% of customers had loans approved within 48 hours.

Financial strengths include a strong liquidity pipeline, zero exposure to commercial papers, and the company is an AA rated entity, backed by a diversified lender base comprising 31 banks and financial institutions. The company employs 1,855 personnel, reflecting a focus on continuous learning and innovation.

Key metrics for the company as of March 2026 include:

Financial Highlights and Growth Trajectory​

The company reported robust growth in its loan book. In FY26, total disbursements stood at ₹54,236 Million, representing a 12.9% year-on-year increase. The financial health metrics showed healthy margins: Return on Assets (ROA) was 3.9%, showing an improvement of 40 basis points. Operating Expense to Assets stood at 2.7%.

The funding strategy remained stable and diversified, with the company raising ₹4,789 Million through various financing modes in FY26. As of March 2026, Home First Finance had funding relationships established with 31 entities, including 24 commercial banks, 2 foreign lenders, 1 financial institution, and 4 NBFCs. The cost of borrowing improved from 8.4% to 8.1%, attributed to stronger franchise strength and disciplined funding.

Market Dynamics in Affordable Housing​

The presentation provided context on the broader affordable housing industry. Total housing loan outstanding stood at approximately ₹43.5 lakh crore as of March 2026, with projections indicating it could reach ₹56 lakh crore by FY28 (according to CRISIL). The affordable housing finance segment, defined by loans in the ₹5 - ₹40 lakh ticket size range, was valued at approximately ₹21 lakh crore as of March 2026, estimated to grow to ₹33 lakh crore by FY30, equating to a CAGR of around 12%.

The company noted that the Total Addressable Market (TAM) for affordable housing is expanding naturally due to inflation. Since FY19, the Housing Price Index (HPI) has grown by 1.3x, and the Consumer Price Index (CPI) has grown by 1.4x. This inflation-led growth translates into rising property values and loan ticket sizes.

Shareholding Structure​

As of June 19, 2026, the company's shareholding profile included notable participation from both Domestic Institutional Investors (DIIs) and Foreign Institutional Investors (FIIs/FPIs).

Key institutional holdings as reported are detailed below:

Strategic Priorities and Risk Management​

Home First Finance underscored that its technology is central to the entire home loan journey, enabling seamless experiences from acquisition through disbursal. The company leverages AI and voice-enabled capabilities across core platforms for efficiencies in areas like verification, underwriting, collections, and customer service.

In terms of risk management, the organization combines technological tools with qualitative assessment methods. The focus remains on maintaining high underwriting standards and ensuring employees are trained in risk handling practices.

The company emphasized its commitment to sustainability, noting that 450 Green Homes have been certified through their initiatives, contributing to a net positive impact on society by digitizing processes and minimizing paper use.

HOMEFIRST Stock Price Movement​

Today, shares of Home First Finance Company India Limited edged higher to settle at ₹1163.50 after gaining 3.8%. The stock traded on a volume of 294,019 shares, with the security moving within an intraday range between a low of ₹1127.3 and a high of ₹1171.9.