Housing Finance company Home First Finance Company India announced Q4FY26 results Financial Highlights: Total Income: For Q4FY26, total income stood at Rs 505 crore, reflecting a YoY growth of 21.3% from Rs 416 crore in Q4FY25 and a QoQ growth of 4.4% from Rs 484 crore in Q3FY26. Annual Total Income: For the full year FY26, total income reached Rs 1,923 crore, marking a 24.9% growth compared to Rs 1,539 crore in FY25. Profit After Tax (PAT): In Q4FY26, PAT was Rs 149 crore, representing a significant YoY increase of 42.7% from Rs 105 crore and a QoQ growth of 6.6% from Rs 140 crore. Annual Profit After Tax (PAT): For FY26, PAT stood at Rs 540 crore, up 41.4% from Rs 382 crore in FY25. Pre-Provision Operating Profit (PPOP): For Q4FY26, PPOP was Rs 211 crore, growing 44.9% YoY and 7.1% QoQ. Return on Assets (ROA): Stood at 4.1% in Q4FY26, an improvement of 60 bps YoY and 10 bps QoQ. The annual ROA for FY26 was 3.9%. Spread: The spread on loans stood at 5.3% for Q4FY26, up 20 bps YoY but down 10 bps QoQ. For FY26, the spread was 5.3%. Networth and Capital Adequacy: Networth as of March 31, 2026, was Rs 4,357 crore. Total Capital Adequacy Ratio (CRAR) stood at 44.1%, with Tier I capital at 43.8%. Borrowings: Total borrowings, including debt securities, were Rs 10,590 crore as of March 31, 2026. The cost of borrowings was 7.9%, an improvement of 10 bps QoQ. Business Highlights: Assets Under Management (AUM): Total AUM reached Rs 15,878 crore as of March 31, 2026, growing 24.9% YoY from Rs 12,713 crore and 6.4% QoQ from Rs 14,925 crore. Disbursements: The company achieved its highest-ever quarterly disbursements of Rs 1,572 crore in Q4FY26, up 23.5% YoY and 19.3% QoQ. Annual disbursements for FY26 were Rs 5,424 crore, up 12.9% YoY. Segment Performance: Housing loans continue to be the primary focus, contributing 83% of the total AUM. The EWS (Economically Weaker Section) and LIG (Low Income Group) categories form approximately 70% of the customer base. Asset Quality: Gross Stage 3 (GNPA) stood at 1.8% in Q4FY26, showing a QoQ improvement of 20 bps (down from 2.0% in Q3FY26). 1+ Days Past Due (DPD) improved by 60 bps QoQ to 4.7%. 30+ DPD improved by 50 bps QoQ to 3.2%. The Provision Coverage Ratio (PCR) on GNPA improved to 44.9% as of March 2026, compared to 40.4% in December 2025. Distribution Network: The company expanded its physical presence to 171 branches (an addition of 16 branches YoY) and 373 total touchpoints (an addition of 12 touchpoints YoY) across 13 States and Union Territories. Workforce: The company strengthened its team by adding 221 employees during the year, bringing the total headcount to 1,855. Manoj Viswanathan, MD & CEO, said: India maintains macroeconomic stability despite a global landscape disturbed by Middle Eastern conflicts and shifting trade dynamics. Domestic demand continues to be supported by stable policy settings and gradually improving economic momentum. Against this backdrop, the Company delivered a strong Q4FY26 and FY26 performance, marked by sustained business momentum and enduring profitability. Our Assets Under Management (AUM) grew to Rs 15,878 crore, registering a robust 24.9% YoY and 6.4% QoQ growth. We achieved strong growth in originations and disbursements during this quarter, anchored in disciplined underwriting and rigorous risk management. This enabled us to navigate a dynamic operating environment while further strengthening portfolio quality and operational resilience. During the quarter, disbursement grew by 23.5% YoY and 19.3% QoQ, to an all time high of Rs 1,572 crore. We continued to scale our distribution footprint in key affordable housing markets. During FY26, we expanded our network by adding 16 branches and 12 touchpoints, taking the total to 171 branches and 373 touchpoints. To support this growth, we strengthened our workforce with the addition of 221 employees, primarily in customer-facing roles, taking total headcount to 1,855. We also delivered a very strong operating performance – our Q4 Profit after Tax grew by 42.7% YoY and 6.6% QoQ to Rs 149 crore supported by Net Total Income growth of 37.0% YoY and 6.9% QoQ to Rs 310 crore; RoA stood at 4.1%. For FY26, Profit After Tax (PAT) stood at Rs 540 crore, 41.4% YoY, translating into a Return on Equity (RoE) of 15.7% (pre-money RoE of 16.8%). On a QoQ basis, Asset quality has strengthened materially, with a pronounced improvement in early-stage delinquencies (1+ and 30+ DPD), driving a meaningful reduction in GNPA. This structural improvement, underpinned by a stabilizing credit environment, reflects our disciplined and risk-calibrated growth strategy. 1+ DPD at 4.7% (improved by 60bps QoQ), 30+ DPD at 3.2% (improved by 50bps QoQ), GNPA at 1.8% (improved by 20bps QoQ), and credit cost steady at 40bps. We continue to maintain disciplined risk management with credit cost guidance of 30–40bps even as we scale. We remain committed to responsible and sustainable growth. Under our Green Homes initiative, we certified 140 additional homes during the quarter, taking the cumulative count to 450 as of March 2026. As we move into FY27, we are well positioned to deliver ~25% YoY AUM growth, driven by continued expansion of our distribution footprint, deeper technology integration, diversified funding sources, and a strong, embedded risk governance framework, reaffirming the strength of our portfolio and the resilience and stability of our business. Backed by robust fundamentals and disciplined execution, we remain confident in our ability to consistently capture emerging opportunities and scale with precision. This next phase of growth will be defined by greater ambition, sharper execution, and a clear focus on building a market-leading franchise. Result PDF