Housing Finance company Home First Finance Company India announced Q1FY26 results AUM at Rs 13,479 crore; strong growth of 28.6% YoY and 6.0% QoQ. Total Income: Rs 455 crore compared to Rs 341 crore during Q1FY25, change 33.4%. Long Term croreedit Rating upgraded to AA ‘Stable’. PAT at Rs 119 crore – up 35.5% YoY and 13.6% QoQ. Successful QIP enhances Net worth by Rs 1,231 crore to Rs 3,855 crore. Manoj Viswanathan, MD & CEO said: “Q1FY26 saw consistent business delivery with Assets Under Management (AUM) growing to Rs 13,479 crore, registering a growth of a 28.6% YoY and 6.0% QoQ. The key highlight from the quarter was the successful QIP of Rs 1250 crore and a subsequent upgrade of our long-term credit rating to AA (Stable) by ICRA, IndRa and CARE. This capital infusion augments HomeFirst’s capital base and further strengthens our ability to expand our footprint, deepen customer engagement, and deliver sustained value to all stakeholders. Q1FY26 Disbursements, at Rs 1,243 crore, was in line with expectations for Q1. We continue to expand our distribution reach; we added 3 new physical branches during the quarter taking the total branch count to 158. As of Jun’25, we serve 142 districts in 13 States. We added net 75 employees during the quarter taking the total employee base to 1,709 as of Jun’25. Our asset quality continues to be strong with a focus on early delinquencies. 1+ DPD is at 5.4% (up by 90 bps on QoQ). 30+ DPD at 3.5% (up by 50 bps on QoQ). Gross Stage 3 (GNPA) is at 1.8% (up by 10 bps on QoQ). Our credit cost is at 40 bps (up by 10 bps on QoQ basis). We continue to maintain a credit cost guidance of 30 to 40 bps, ensuring disciplined risk management even as we scale. Technology remains central to our strategy. During the quarter we integrated DigiLocker into our document verification process, enabling secure access to government-issued documents directly from a customer's DigiLocker account, with their consent. Also, we have launched “Pulse” – an omni-channel conversational AI platform. It uses AI to seamlessly facilitate conversational business flows and actionable insights through advanced transcription and analytics. Pulse use-cases span from lead generation to customer service. Digital adoption continues to be strong and a key area of our focus as we grow. Account aggregator adoption has improved to 78% amongst new approvals. Digital fulfillment has reached 80%+ with the use of digital agreements and E-NACH mandates. 96% of our customers are registered on our app as on Jun’25 and 88% of Service requests being raised on the app. HomeFirst is committed towards sustainable and responsible lending. As part of our ESG efforts we have been promoting development of energy efficient “Green” homes. These houses consume less water and energy making them 20% more energy efficient. During the quarter, 70 additional new homes were certified under this initiative. As of Jun’25, a total of 190 Green Homes have been certified. Our ESG efforts are being acknowledged and appreciated by independent global agencies in form of high ESG scores; MorningStar Sustainalytics has reaffirmed our “Low-risk” ESG rating in the month of Jun’25. SES ESG Research has assigned a score of 80.8 in 2025 (vs. 78.9 in 2024) and CRISIL has assigned a score of 64 (up from 63 earlier) – implying “strong” rating. We remain committed towards building a large affordable housing finance franchise driven by our unique business model. Housing in India continues to be a multi-decade growth opportunity with HomeFirst well positioned to harness the same.” Result PDF