Home First Finance

₹671.4 -7.9 | 1.2%

WEBSITE BSE:543259 NSE : HOMEFIRST 28 Mar, 11:04

Market Cap ₹5909 Cr.

Stock P/E 27.2

P/B 3.4

Current Price ₹671.4

Book Value ₹ 198.2

Face Value 2

52W High ₹1004.4

Dividend Yield 0%

52W Low ₹ 652.3

Edit Ratio

Home First Finance Research see more...

Home First Finance Company India Ltd

Equity Research: Home First Finance Company

Overview Inc. Year: 2010Industry: Finance - Housing

Home First Finance Company India Ltd operates as a housing finance organisation in India. The organisation offers housing loans for the purchase or construction of houses, loans against property, loans for extension and renovation of home, and loans for purchase of industrial assets. It serves salaried and self-employed customers. The enterprise was founded in 2010 and is centred in Mumbai, India.

Quarterly Price

Quarterly Monthly

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Peer Comparison

Home First Finance Quarterly Results

#(Fig in Cr.)	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Dec 2022
Operating Revenue	108	132	138	146	152	156	169	205
Other Income	2	4	4	0	0	0	0	0
Total Income	110	136	142	146	152	156	169	206
Total Expenditure	33	37	39	32	35	37	40	48
Operating Profit	77	99	103	115	116	119	129	158
Interest Expense	54	54	53	56	55	54	61	80
Depreciation	2	2	2	2	2	2	2	2
Profit Before Tax	21	43	48	56	59	63	66	76
Provision for Tax	5	11	13	11	13	3	15	17
Profit After Tax	16	31	35	45	46	60	51	59
Adjustments	0	0	0	0	0	0	0	0
Profit After Adjustments	16	31	35	45	46	60	51	59
Adjusted Earnings Per Share	1.9	3.6	4	5.1	5.2	6.9	5.8	6.7

Home First Finance Profit & Loss

#(Fig in Cr.)	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Operating Revenue	1	6	17	35	60	92	132	260	399	489	596	682
Other Income	1	1	3	4	2	0	2	11	21	0	0	0
Total Income	2	7	20	39	62	92	134	271	420	489	596	683
Total Expenditure	3	5	8	12	16	26	42	75	111	127	143	160
Operating Profit	-1	2	12	27	46	66	93	196	308	362	453	522
Interest Expense	0	3	10	22	37	54	66	127	194	221	219	250
Depreciation	0	0	0	0	0	2	2	5	7	8	8	8
Profit Before Tax	-1	-1	2	5	9	10	24	65	107	134	226	264
Provision for Tax	0	0	-0	1	3	4	8	20	28	34	40	48
Profit After Tax	-1	-1	3	3	6	7	16	46	80	100	186	216
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-1	-1	3	3	6	7	16	46	80	100	186	216
Adjusted Earnings Per Share	-1	-0.7	1.8	2.3	3.2	1.3	3.1	7.2	10.2	11.5	21.2	24.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	22%	32%	45%	89%
Operating Profit CAGR	25%	32%	47%	0%
PAT CAGR	86%	59%	93%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-6%	NA%	NA%	NA%
ROE Average	13%	11%	10%	5%
ROCE Average	9%	10%	9%	7%

Home First Finance Balance Sheet

#(Fig in Cr.)	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	28	50	99	102	154	306	325	523	933	1381	1574
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	4	44	91	214	362	655	1020	1926	2484	3054	3464
Current Liability	2	8	25	42	78	30	30	46	76	94	117
Other Liabilities & Provisions	0	0	1	1	5	-1	-5	2	10	11	6
Total Liabilities	34	102	216	359	599	991	1371	2496	3503	4539	5161
Loans	20	67	157	302	473	761	1273	1997	2724	3018	3817
Investments	0	0	0	0	0	0	0	103	0	0	0
Fixed Assets	0	0	0	1	1	7	10	17	21	17	20
Other Loans	0	2	5	14	35	29	36	138	290	309	488
Other Non Current Assets	0	0	0	8	0	0	1	0	0	0	0
Current Assets	13	33	52	35	90	195	51	241	468	1196	836
Total Assets	34	102	216	359	599	991	1371	2496	3503	4539	5161

Home First Finance Cash Flow

#(Fig in Cr.)	Mar 2012	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	13	24	35	29	23	116	23	186	148	209
Cash Flow from Operating Activities	-20	-86	-134	-151	-273	-506	-791	-823	-223	-807
Cash Flow from Investing Activities	0	-3	11	8	-14	56	-105	-108	-615	804
Cash Flow from Financing Activities	19	100	117	190	380	357	1059	893	900	411
Net Cash Inflow / Outflow	-0	11	-6	46	93	-93	163	-38	62	408
Closing Cash & Cash Equivalent	13	35	29	75	116	23	186	148	209	618

Home First Finance Ratios

#	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	-1.01	-0.75	1.78	2.33	3.16	1.29	3.1	7.22	10.16	11.46	21.24
CEPS(Rs)	-0.97	-0.68	1.87	2.56	3.4	1.6	3.58	7.94	11.08	12.33	22.09
DPS(Rs)	0	0	0	0.02	0.04	0	0	0	0	0	0
Book NAV/Share(Rs)	20.38	34.03	66.67	68.94	79.77	58.72	61.83	81.86	118.26	156.86	178
Net Profit Margin	-103.99	-17.59	15.04	9.66	10.07	7.29	12.11	17.59	19.95	20.47	31.24
Operating Margin	-93.38	29.96	71.76	76.59	76.92	70.32	68.31	73.79	75.54	72.5	74.76
PBT Margin	-103.26	-17.59	13.66	13.58	15.13	11.31	18.37	25.11	26.92	27.41	37.99
ROA(%)	-5.46	-1.57	1.6	1.17	1.25	0.84	1.35	2.36	2.65	2.49	3.84
ROE(%)	-6.4	-2.83	3.53	3.47	4.84	2.95	5.14	10.92	11.01	8.72	12.7
ROCE(%)	-4.97	2.71	7.72	9.41	9.79	8.29	7.8	10.11	10.25	9.02	9.4
Price/Earnings(x)	0	0	0	0	0	0	0	0	0	39.15	36.22
Price/Book(x)	0	0	0	0	0	0	0	0	0	2.86	4.32
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	-2.93	3.94	4.29	6.63	6.08	5.36	7.57	6.72	5.74	12.87	16.01
EV/Core EBITDA(x)	3.31	12.46	5.91	8.56	7.84	7.45	10.79	8.89	7.42	17.38	21.07
Interest Earned Growth(%)	1482.43	371.04	178.58	105.96	71.38	53.5	44.24	96.82	53.34	22.69	21.78
Net Profit Growth	-134.46	20.31	338.2	32.32	78.54	11.15	139.57	185.85	73.98	25.88	85.83
EPS Growth(%)	-119.63	26.15	337.37	31.03	35.74	-59.04	139.52	132.93	40.74	12.78	85.34
Interest Coverage(x) %	-9.45	0.63	1.24	1.22	1.24	1.19	1.37	1.52	1.55	1.61	2.03

Home First Finance Shareholding Pattern

#	Sep 2017	Jul 2018	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	12.97	6.36	33.7	33.66	33.65	33.62	33.6	33.58	33.57	33.52
FII	0	0	10.86	11.61	12.68	12.07	10.9	9.49	10.31	9.38
DII	0	91.58	42.64	43.11	40.62	40.42	40.48	41.18	6.41	6.52
Public	87.03	2.06	12.8	11.62	13.05	13.89	15.01	15.75	49.71	50.58
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2017	Jul 2018	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	0.13	0.07	2.94	2.94	2.94	2.94	2.94	2.94	2.94	2.94
FII	0	0	0.95	1.02	1.11	1.06	0.96	0.83	0.9	0.82
DII	0	0.95	3.73	3.77	3.55	3.54	3.55	3.61	0.56	0.57
Public	0.9	0.02	1.12	1.02	1.14	1.22	1.32	1.38	4.36	4.44
Others	0	0	0	0	0	0	0	0	0	0
Total	1.03	1.03	8.74	8.75	8.75	8.76	8.76	8.77	8.77	8.78