Home First Finance Company India Ltd. · NSE:HOMEFIRST
Home First Finance Company India — Q2 FY27 Earnings Presentation
50 slides from Home First Finance Company India's earnings presentation, Oct 27, 2026
Slide 1: Exchange filing cover letter
HFFCIL/BSE/NSE/EQ/NCD/91/2026-27 Date: 27-10-2026 To, To, BSE Limited, The National Stock Exchange of India Limited, Department of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra Dalal Street, Fort, Mumbai- 400001. (E)
Slide 2: Home First Finance Company Investor Presentation Q2FY27
Home First Finance Company Investor Presentation Q2FY27
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the "Presentation"), which have been prepared by Home First Finance Company India Ltd. (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Executive Summary | Q2FY27
Executive Summary | Q2FY27 y-o-y q-o-q Assets Under Management (AUM) Disbursement Gross Stage 3 / POS (GNPA) ₹1,80,098 Mn ₹17,048 Mn 1.7% +27.0% +6.3% +32.2% +4.7% -20 bps -10 bps Spread(1) Opex to Assets DPD 30+ / POS 5.2% 2.6% 3.2% -10 bps -10 bps 0 bps -20 bps -50 bps 0 bps Profit After Tax (PAT)
Slide 5: MD & CEO Commentary on Q2 FY27
MD & CEO Commentary on Q2 FY27 “HomeFirst delivered a strong operating performance in Q2 FY27, sustaining healthy business momentum alongside profitability and stable asset quality. The quarter was marked by highest ever disbursements, continued expansion of our distribution franchise and discipline
Slide 6: HomeFirst – Who are We?
HomeFirst – Who are We? • Technology driven affordable housing finance company with pan India presence. Hub and spoke distribution covering 80% of the affordable housing market in the country. • Home loans to first time home buyers with predominant focus on families with a monthly income of < Rs 50,000
Slide 7: Our Journey
Our Journey CARE Rating India ICRA / CARE India ICRA / CARE / CARE / ICRA Rating Ratings Rating Ratings India Ratings BBB- BBB+ A- A+ AA- AA- AA-(+ve) AA Raised ₹1,250 Cr through 175+ Physical QIP Branches AUM crosses 1,80,098 1,80,098 ₹150 bn. 150+ Physical 1,58,777 ₹ Mn Branches AUM crosses Assets
Slide 8: Shareholding as on Oct'26
Shareholding as on 23 Oct’26 DIIs % Holding* FIIs & FPIs % Holding* HDFC Mutual Fund 8.1 14.2% Fidelity International 9.7 Kotak Mutual Fund 5.1 Capital Group 7.1 True North Fund V LLP 4.7 Norges Bank Investment Management 5.2 Aditya Birla Sunlife Mutual Fund 2.9 Vanguard Group 3.9 No. of 37.9% Value
Slide 9: Distinguished Board of Directors
Distinguished Board of Directors Deepak Satwalekar Geeta Dutta Goel Anuj Srivastava (1) Sucharita Mukherjee Chairman / Independent Independent / Non- Independent / Non- Independent / Non- Non-Executive Director Executive Director Executive Director Executive Director Current: Independent Director at
Slide 10: Experienced Management Team
Experienced Management Team 16 | 28 14 | 26 15 | 23 New | 25 Manoj Viswanathan Ajay Khetan Gaurav Mohta Rinkoo Somani * Managing Director & CEO Dy. Chief Executive Officer & CBO Chief Marketing Officer Chief Financial Officer Education: B-Tech BITS, Pilani and PGDM Education: MNNIT Allahabad and PGD
Slide 11: Meet Our Customers
Meet Our Customers Formal Salaried Informal Salaried Self-Employed Customer 1 Customer 2 Customer 3 Age: 42 / Location: Tirupur, Tamil Nadu 68% Age: 34 / Location: Navsari, Gujarat 32% Age: 40 / Location: Vijayawada, Andhra Pradesh Salaried Self Employed Who are they? Applicant is working as a tailo
Slide 12: Our Unique Value Proposition to Our Customers
Our Unique Value Proposition to Our Customers Who are our customers What do our customers need What challenges do they face • Salaried and self-employed • Home loan requirement individuals • Inability to meet NPS primarily in the ₹0.5 -1.5 mn documentation requirements (1) 81 range of traditional le
Slide 13: Distribution Strategy
Distribution Strategy 0 -4 4-7 7 - 15 Pan India Distribution driven by strategic market selection & contiguous expansion Contribution to India's GDP FY’25 ( %) Physical branches - 181 379 Proposed branches - 62 Touchpoints Digital branches - 136 181 144 13 379 Branches Districts States/UT Touchpoint
Slide 14: Omni Channel Lead Generation Strategy
Omni Channel Lead Generation Strategy Diversified lead generation channels | Q2 FY27 77.0% Diversified channels for generating leads such as connectors, builder ecosystem, digital, etc. 100% in-house conversion 11.2% by HomeFirst RMs. 2.6% 0.8% 1.4% 2.7% 2.3% 2.0% 0.0% Construction Digital Digital Mar
Slide 15: Data Science Backed Centralised Underwriting
Data Science Backed Centralised Underwriting Risk Management Design AI-enabled Centralised • Salaried customers • AI enabled decision services serve • Consistency in underwriting sourcing, underwriting, collections & Loans Approved within 48hrs • Build detailed understanding of servicing • Integrate
Slide 16: Scalable Operating Model with Enterprise Grade AI
Scalable Operating Model with Enterprise Grade AI Platform Integrated Services Data Platform ML/AI and Decisions • 100% Cloud-Based Architecture: • Scalable Microservices Architecture: • CDC-enabled streaming architecture: • People decide: AI prepares evidence India-based data centres for scalabilit
Slide 17: Live Proprietary AI Products: Features and Results
Live Proprietary AI Products: Features and Results Multi-agent Underwriting System Communication Hub Banking Analyzer Multi-lingual Doc Interpreter An orchestration pipeline of AI models A multi-agent, omni-channel platform A multi-agent analyzer that validates Reads, extracts and interprets every t
Slide 18: Digital Adoption
Digital Adoption Customer Rating on Google Unique user logins as % of active Playstore % Customers registered on App customers 96% 96% 96% 96% 96% 4.3 Average payment per user on 46% 44% 44% 43% As of 14 Oct’26 app 40% ₹32,435 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Avg
Slide 19: Building the Brand HomeFirst
Building the Brand HomeFirst 18 Investor Presentation – Q2 FY27 | Home First Finance Company India Ltd.
Slide 20: ESG at HomeFirst
ESG at HomeFirst Putting sustainability at core of operations
Slide 21: Commitment to ESG
Commitment to ESG Comprehensive Policy & Governance Mechanism An ESG Execution Team with The Company understands management team participation the growing importance of has been created to ensure ESG and has adopted a Robust implementation of the ESG Policy Board approved ESG Policy Implementation P
Slide 22: Digital Processes from start to finish to reduce Carbon Footprint
Digital Processes from start to finish to reduce Carbon Footprint Customer App Connector App RM Pro App Green Operations Operational Eco-efficiency & Climate Resilience HomeFirst has a deeply ingrained Ideology of all processes being paperless across the product cycle. Implemented Electronic process
Slide 23: Progress on Social Development
Progress on Social Development Sashakt Stories Jinal Patel Rohan Rajput Responsibility towards community Sashakt Beneficiary Sashakt Beneficiary Responsibility towards employees Diva Salon Tally GST Project Sashakt : 11,000+ families touched Skilling & Employment | Education & Development | Health E
Slide 24: Progress on Social Development
Progress on Social Development Responsibility towards customers ESG Initiatives Sustainable Finance Customer Satisfaction • Funds approved from DFC to support women borrowers for financing affordable housing. U.S. International • Customer focus: Playing a key role in Financial Development Finance Co
Slide 25: Strong Governance Structure
Strong Governance Structure Work Sustainably & Ethically Governance at core Separate Chairman & Managing Director position Sustainable Finance Corporate Governance We promote Financial Inclusion. • Core competencies of Independent Directors directly relevant to company’s operations. Experienced Boar
Slide 26: Strong Governance Practice
Strong Governance Practice Corporate Governance Structure Top-tier Corporate Governance • High Independent Directors representation in all Board Committees • Highly experience Board & Management Team on Risk Management committee. • Company's risk management framework is driven by its Board and its s
Slide 27: Business Updates
Business Updates ®
Slide 28: Healthy Growth in Loan Book and Disbursements
Healthy Growth in Loan Book and Disbursements Disbursement ( ₹Mn ) Last 5 Years Last 5 Quarters 54,236 17,048 48,053 15,724 16,284 32.2% growth y-o-y 39,634 4.7% growth q-o-q 30,129 12,894 13,184 20,305 FY22 FY23 FY24 FY25 FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Assets Under Management ( ₹Mn ) Last
Slide 29: Consistent Portfolio Metrics | Sep'26
Consistent Portfolio Metrics | Sep’26 15% 32% AUM by Product AUM by Occupation 1% Housing Loan Salaried Shop Loans Self Employed LAP Sharp focus on High ratio of 84% housing loans 68% salaried customers 88% 1% 20% 12% AUM by Credit history AUM by Ticket Size Upto 0.5mn AVG: 750 Have Credit History 0
Slide 30: Competitive Spreads
Competitive Spreads Net Interest Spread Movement PLR increase Spread (Overall) Spread (Ex CL) Portfolio Yield Portfolio Yield (Ex CL) COB COB (Ex CL) 25bps w.e.f 1st Jul’22 50bps w.e.f 1st Dec’22 Last 5 Years Last 5 Quarters 50bps w.e.f 1st Apr’23 35bps w.e.f 1st Aug’24 13.6% 13.6% PLR cut 13.1% 13.
Slide 31: Healthy Leading Indicators
Healthy Leading Indicators Bounce rate : On the day of EMI presentation Bounce rate Bounce rates are range-bound COVID COVID WAVE -1 WAVE -2 36.4% 28.3% 20.1% 17.3% 18.3% 16.5% 15.7% 16.4% 16.8% 16.3% 16.7% 15.9% 16.3% 15.6% 16.6% 14.5% 14.0% 15.6% 14.9% 15.0% 14.2% 15.1% 14.7% 15.3% 15.2% 16.0% 13.
Slide 32: Healthy Leading Indicators: Collection Efficiency
Healthy Leading Indicators Collection Efficiency Collection efficiency Collection Efficiency (1) Unique Customers (2) at normal levels 98.0% 98.3% 98.4% 98.4% 98.1% 98.3% 98.1% 98.2% 98.5% 98.3% 98.4% 98.8% 98.4% 98.0% 97.1% 97.9% 97.0% 97.2% 97.1% 97.3% 97.3% 97.1% 97.2% 97.3% 97.3% 97.2% 97.2% 97.3% 96.
Slide 33: Sound Credit Indicators
Sound Credit Indicators DPD 1+ / POS DPD 30+ / POS % Stage 3 / POS Stage 2 / POS 5.3% 5.5% 5.3% 4.7% 4.7% 4.7% 4.7% Asset quality at 4.2% 4.5% 4.0% 3.7% 3.7% 3.7% 3.0% 3.2% 3.2% 3.2% 3.2% healthy levels 2.7% 2.8% 2.3% 1.9% 2.0% 1.7% 1.8% 1.8% 1.8% 1.7% 1.6% 1.7% 1.4% 1.4% 1.8% 1.7% 1.4% 1.4% 1.5% 1.
Slide 34: Diversified funding profile at competitive Cost of Borrowing
Diversified funding profile at competitive Cost of Borrowing Borrowings Mix and Cost of Borrowing trend DA Co-Lending ECB NCD NHB Refinance NBFC Public Sector Banks Pvt Sector Banks COB% (Represents quarterly avg.) Total Funding 1,05,869 1,10,559 1,15,592 1,18,474 1,19,716 1,24,481 1,32,840 1,37,211
Slide 35: ALM Position as of Sep'26 - Cumulative
ALM Position as of Sep’26 - Cumulative Inflow Outflow Surplus 15,812 19,304 22,498 29,139 59,248 46,786 (₹Mn) Robust ALM 2,69,140 profile ensuring sufficient liquidity 2,22,354 buffers 2,14,531 1,55,283 1,47,195 Cumulative 1,18,056 Positive flows across all the time buckets 68,137 46,336 45,639 32,402 27,0
Slide 36: Assignment and Co-lending Transactions
Assignment and Co-lending Transactions Direct Assignment Transactions Co-Lending Transactions ₹6,278 Mn ₹8,587 Mn ₹11,458 Mn ₹6,140 Mn 3,313 3,158 2,960 Consistent 2,844 460 2,827 2,720 demand for 2,620 318 18 545 1,009 assignment of the company’s 781 966 1,956 1,936 1,927 portfolio 1,880 1,708 226
Slide 37: Strong Liquidity Position
Strong Liquidity Position Liquidity Buffer as on Sep’26 (in ₹Mn) Unencumbered Cash and Cash equivalent 18,161 Un-availed Sanction from NHB - Un-availed Sanction from Banks 8,500 Total 26,661 ₹ 24,891 million Liquidity raised during H1FY27 Projected liquidity in subsequent quarters Particulars (in ₹Mn
Slide 38: Financial Updates
Financial Updates ®
Slide 39: Financial Highlights
Financial Highlights Profit After Tax ( ₹Mn ) Net worth ( ₹Mn ) Equity Raised 32 53 62 337 13,172 12,715 12,940 13,172 105 139 5,404 ( ₹Mn ) 1,702 1,599 1,494 46,651 3,821 1,402 29.1% growth y-o-y 43,565 43,565 44,827 Robust NW to 1,318 40,144 41,803 3,057 6.5% growth q-o-q support growth (1) 2,283 2
Slide 40: ECL Provisions Summary
ECL Provisions Summary Loan Particulars (in ₹Mn) Stage 1 Stage 2 Stage 3 Commitment Total For period ended Sep’26 Loans – Principal Outstanding 1,45,611.5 2,135.5 2,619.8 1,50,366.8 ECL Provision 321.8 235.9 618.3 40.7 1,216.7 Net Loans – Principal Outstanding 1,45,289.7 1,899.6 2,001.5 1,49,150.1 E
Slide 41: Annexures
Annexures
Slide 42: Quarterly and Annual Profit and Loss Statement
Quarterly and Annual Profit and Loss Statement Particulars (in ₹Mn) Q2FY27 Q1FY27 Q2FY26 QoQ YoY FY26 FY25 YoY Interest Income on term loans 4,699.1 4,392.5 3,885.6 7.0% 20.9% 15,734.3 12,801.6 22.9% Net gain on DA 350.5 364.8 249.5 1,121.6 912.2 Income other than interest income on term 2,371.3 1,6
Slide 43: RoE Tree
RoE Tree Particulars Q2FY27 Q1FY27 Q2FY26 FY26 FY25 Interest Income on term loans / Average total assets 11.5% 11.4% 11.3% 11.5% 11.8% Net Gain on DA / Average total Assets 0.9% 0.9% 0.7% 0.8% 0.9% Income other than interest income on term loans/ Average total assets 1.5% 1.7% 1.9% 1.7% 1.5% Total I
Slide 44: Key Financial Ratios
Key Financial Ratios Particulars Q2FY27 Q1FY27 Q2FY26 FY26 FY25 Profit after tax on average total assets (ROA) 4.2% 4.2% 3.8% 3.9% 3.5% Leverage (Average total assets / average Equity 3.6 3.5 3.5 4.0 4.7 or average Net worth) Profit after tax on average equity or average 14.9% 14.5% 13.4% 15.7% 16.5
Slide 45: Balance Sheet
Balance Sheet Particulars (in ₹Mn) Sep’26 FY26 FY25 ASSETS Cash & cash equivalents and Other bank 11,881.1 8,410.2 9,382.4 balance Loans 1,49,190.9 1,31,326.1 1,06,487.0 Investments 6,722.8 8,122.4 3,602.4 Other financial assets 3,249.2 3,033.8 1,881.8 Property, plant and Equipment* 560.2 541.3 447.
Slide 46: Consistent Financial Performance over the years
Consistent Financial Performance over the years CAGR % Particulars (in ₹Mn) FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 (FY17-FY26) Operational Information Number of Branches 36 42 60 68 72 80 111 133 155 171 Loan disbursals 4,244 7,455 15,728 16,183 10,966 20,305 30,129 39,634 48,053 54,236 A
Slide 47: Experienced and Diverse Board
Experienced and Diverse Board Mr. Deepak Satwalekar Ms. Geeta Dutta Goel Mr. Anuj Srivastava * Chairman/ Independent/ Non-Executive Director Independent/ Non-Executive Director Independent/ Non-Executive Director Mr. Deepak Satwalekar holds a bachelor’s degree in mechanical Ms. Geeta Dutta Goel hold
Slide 48: Thank You
Thank You For further information, please contact Mr. Sunil Anjana, Head – Treasury and Investor Relations sunil.anjana@homefirstindia.com Investor Relations - HomeFirst investor.relations@homefirstindia.com CIN: L65990MH2010PLC240703
Slide 49: Glossary
Glossary Terms Explanation Assets Under Management/Gross Loan Assets represents the aggregate of current principal AUM - Assets Under Management outstanding and overdue principal outstanding, if any, for all loan assets under management which includes loan assets held by the Company as of the last d
Slide 50: ‘SPACE
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