Housing Finance company Home First Finance Company India announced Q2FY26 results Total Income at Rs 479 crore; growth of 28.0% YoY. PPOP stands at Rs 188 crore; growth of 49.5% YoY. PAT at Rs 132 crore; up by 43.0% YoY. ROA is at 3.8%; up by 10 bps YoY. ROE at 13.4% due to enlarged equity base post recent fund raise; pre-money adjusted RoE at 16.7%. Asset Quality: Bounce rates range-bound. Oct’25 bounce rate of 17.4%. 1+ DPD is at 5.5% (up by 10 bps on QoQ). 30+ DPD at 3.7% (up by 20 bps on QoQ). Gross Stage 3 (GNPA) at 1.9%. Our credit cost is at 40 bps for the quarter. Asset under Management (AUM): Rs 14,178 crore, growth of 26.3% on YoY basis and 5.2% on QoQ basis. Focus on housing loans that contribute 83% of AUM. EWS / LIG category forms ~60% of the customer base. Provisions: ECL provision as on Sep’25 is Rs 94 crore; resulting in total provision to loans outstanding ratio at 0.8%; and the GNPA to total provision coverage ratio (PCR) is at 40.8% as of Sep’25 vs 43.1% as of Jun’25. Borrowings: Total borrowings including debt securities are at Rs 9,653 crore as on Sep’25. The company continues to carry a liquidity buffer of Rs 4,280 crore as of Sep’25. Cost of borrowings at 8.1%, lower by 30 bps compared to Q1FY26. Capital Adequacy: Total CRAR at 48.4%. Tier I capital stands at 48.0% as on Sep’25. Networth as on Sep’25 is at Rs 4,014 crore vis-à-vis Rs 3,855 crore as on Jun’25. Distribution: The Company has 163 branches (+5 from Jun’25) with presence in 13 States / UT. Total touchpoints increased to 366 (+4 from Jun’25 and +15 from Sep’24). Q2FY26 Disbursements: Disbursements of Rs 1,289 crore, YoY growth of 9.6%. Manoj Viswanathan, MD & CEO said: “At HomeFirst Finance, Q2 FY26 was another quarter of disciplined growth and steady execution; with the backdrop of a subdued macro environment marked by prolonged monsoons and tariff hikes. Our AUM reached Rs 14,178 crore, up 26.3% YoY and 5.2% QoQ. We continued to deepen our presence with a 163-branch network across 143 districts in 13 states - 5 additions since June. On the people front, we added a net of 14 employees, taking our base to 1,723. On the liability side, proactive management helped us lower our cost of borrowings by 30 bps QoQ, supporting an ex–co-lending spread of 5.3%, up 20 bps. Profitability was robust: PAT came in at Rs 132 crore, up 43.0% YoY and 10.9% QoQ, delivering a RoA of 3.8%. Reported ROE was 13.4% post our recent equity raise; on a premoney adjusted basis, ROE stands at 16.7% - a better reflection of underlying earnings power. Our asset quality remains healthy and within our comfort bands: 1+ DPD is at 5.5% (up by 10 bps on QoQ). 30+ DPD at 3.7% (up by 20 bps on QoQ). Gross Stage 3 (GNPA) is at 1.9% (up by 10 bps on QoQ). Our credit cost is at ~40 bps (flat 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. Digital adoption continues to be strong and a key area of our focus as we grow. Account Aggregator penetration reached 83% of new approvals; digital fulfillment crossed 80% through e-agreements and e-NACH; and 96% of our customers are now app-registered, with 87% of service requests raised in-app. We are equally committed to responsible growth. Under our Green Homes initiative, we certified 50 additional homes in the quarter, taking the cumulative count to 240 as of September. I am pleased to share that Morningstar Sustainalytics reaffirmed our ‘Low ESG Risk’ category with an improved score of 13.6 versus 16.2 last year. That is a reflection of our fundamentals, governance discipline, and the culture we are building. As we enter H2, we remain optimistic about our business momentum on the back of improving macro environment, easing interest rate cycle , benign inflation trajectory and proactive government & regulatory measures. To sum up, this quarter represented: consistent growth, expanding spreads, strong profitability, and stable asset quality. Thank you to our customers for their trust, to our partners for their support, and to the HomeFirst team for executing with discipline. We look ahead to the second half with confidence.” Result PDF