Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Clippings of Reviewed Financial Results for the quarter and half year ended September 30, 2023, published in English Newspaper - Mint and Regional (Marathi) Newspaper - Prathakal on October 27, 2023 in accordance with Regulation 47 of the Listing Regulations. Q2FY24 Quarterly Result Announced for Home First Finance Company India Ltd.
Home First Finance Company India announced Q2FY24 & H1FY24 results: 1. Financial Performance: - HomeFirst's Q2FY24 AUM at Rs ~84 billion, representing a growth of 33.3% YoY and 7.6% QoQ. - Disbursements in Q2FY24 amounted to Rs 959 crore, showing a strong YoY growth of 36.6% and a QoQ growth of 7.1%. - Total income for the quarter stood at Rs 278 crore, reflecting a YoY growth of 46.8%. - Profit after tax (PAT) for Q2FY24 was Rs 74 crore, marking a YoY growth of 36.9%. 2. Asset Quality: - The GNPA (Gross Stage 3) ratio for Q2FY24 was recorded at 1.7%, indicating a slight increase of 10 bps from the previous quarter. - Bounce rates improved to 14.2% from 15.0% QoQ. - 1+ DPD (Days Past Due) remained range bound at 4.5%. - 30+ DPD remained flat at 2.9% in Q2FY24, showing a decline of 40 bps YoY. 3. Distribution and Market Presence: - HomeFirst has a strong distribution network with 120 branches across 13 states/UTs. - The company added 7 branches in Q2FY24, further expanding its market presence. - Total touchpoints increased to 295, reflecting a growth of 46 from September 2022. 4. Borrowings and Capital Adequacy: - Total borrowings, including debt securities, stood at Rs 6,002 crore as of September 2023. - The company maintains a liquidity of Rs 2,617 crore as of September 2023. - Capital adequacy ratio (CRAR) is at 45.5%, with Tier I capital at 45.0%. Commenting on the performance, Manoj Viswanathan, MD & CEO, said, "Q2FY24 performance has been strong across all operating and financial parameters. We have delivered an ROE of 15.6% in an inflationary and peak interest rate environment. This level of consistent and superior returns is a testimony to our strong risk management, use of the right technology, and scalability of our model. We continue to build distribution by simultaneously entering new markets and deepening our presence in existing markets." Result PDF Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation of allotment of Equity Shares against exercise of Employee Stock Options under ESOP Scheme of the Company Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Investor Press Release on the Financial and Operational Performance of the Company for the quarter and half year ended September 30, 2023 Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on the Reviewed Financial Results for the quarter and half year ended September 30, 2023 Home First Finance Company India Ltd - 543259 - Results- Financial Results For The Quarter And Half Year Ended September 30, 2023
Results- Financial Results for the quarter and half year ended September 30, 2023 Home First Finance Company India Ltd - 543259 - Board Meeting Outcome for Outcome Of The Board Meeting Held On Thursday, October 26, 2023 And Submission Of Reviewed Financial Results For The Quarter And Half Year Ended September 30, 2023
Outcome of the Board Meeting held on Thursday, October 26, 2023 and submission of Reviewed Financial Results for the quarter and half year ended September 30, 2023 Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst / Institutional Investor meet under the SEBI (LODR), Regulations 2015- Please refer to the enclosed Intimation for further details of the meet. Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of call with analyst(s) / institutional investor(s). Home First Finance Company India Ltd - 543259 - Board Meeting Intimation for Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Thursday, October 26, 2023.
Home First Finance Company India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2023 ,inter alia, to consider and approve Reviewed Financial Results of the Company for the quarter and half year ended September 30, 2023 and fund raising by way of Non convertible Debentures.