Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst / Institutional Investor meeting under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of the earnings conference call for the quarter and half year ended September 30, 2022 Home First Finance Company India Ltd - 543259 - Disclosure Of Related Party Transactions Under Regulation 23 (9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
In compliance with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the disclosure on Related Party Transactions for the half year ended September 30, 2022 drawn in accordance with applicable Accounting Standards. Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of the earnings conference call for the quarter and half year ended September 30, 2022 Home First Finance Company India Ltd - 543259 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper clippings of the Reviewed Financial Results for the quarter and half year ended September 30, 2022 Q2FY23 Quarterly Result Announced for Home First Finance Company India Ltd.
Home First Finance Company India announced Q2FY23 results: Q2 FY23 Total Income at Rs 189 crore; YoY growth of 29.6% from Rs 146 crore in Q2 FY22, sequential increase of 11.8% over Q1 FY23 of Rs 169 Crs. PPOP stands at Rs 74 crore, growth of 6.0% on QoQ basis and 24.3% on YoY basis. Q2FY23 PAT at Rs 54 crore, up by 5.9% from Rs 51 crore in Q1 FY23 and by 25.9% from Rs 43 crore in Q2 FY22. Q2 FY23 ROA at 3.8% improved by 10 bps on YoY basis and decline of 10 bps on QoQ basis. Commenting on the performance Mr.Manoj Viswanathan, MD & CEO said: “Q2FY23 also saw the momentum continuing on disbursements. We disbursed Rs 702 crore which grew by 36.3% on YoY basis and 6.2% on QoQ basis, witnessed another high for HomeFirst. AUM at Rs 6,275 crore, grew by 7.6% on QoQ and 35.9% on YoY basis. PAT grew by 25.9% on YoY basis In continuation of our strategy to expand distribution in large affordable housing markets, we have achieved another milestone in our journey by opening 100th physical branch in Nagpur city. Overall, we added 8 physical branches in the quarter, closing the quarter with 101 branches. As of today we do business from 249 touchpoints During the quarter, we have signed another Co-lending agreement with Central Bank of India. On Colending business, we executed a transaction of INR 166 Mn during the quarter and believe this will pickup momentum in the medium term. We continue to focus on broadening our fund sources with a competitive cost of borrowing, thereby holding our spreads. Amidst the rising interest rate scenario, we have added 2 new banks i.e. Karnataka Bank and Yes Bank. Improvement in asset quality continues across all buckets. 1+ DPD improved from 5.0% to 4.7% on QoQ basis and 30+ DPD improved from 3.5% to 3.3% on QoQ basis. Our Gross Stage 3 (GNPA) as per RBI circular dated November 12, 2021, improved from 2.1% to 1.9% on QoQ basis. Prior to such classification, it stands at 1.1% (March 2022: 1.3%). During Q2FY23, our PAT at Rs 54 crore witnessed growth of 25.9% on YoY basis and ROE improved by 30 bps to 13.1% over Q1FY23. Digital adoption has further improved. Usage of the customer app for various activities has increased. 87% of our customers are registered on our app as on September 2022 compared to 84% in June 2022 and Unique User Logins have also seen increase from 54% of our customers in Q1 FY23 to 57% in Q2 FY23. Overall, Q2 FY23 was a good quarter and within our expectation. With the tailwinds of the sector coupled with overall economic growth and a strong execution mindset, we will continue to deliver excellent results while staying true to our mission of being the Fastest Provider of Home Finance for the Aspiring Middle Class, delivered with Ease and Transparency." Result PDF 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 quarter and half year ended September 30, 2022 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, 2022. 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 vested Employee Stock Options under ESOP II Scheme of the Company. 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 vested Employee Stock Options under ESOP II Scheme of the Company.