| Sector |
Finance
|
Compare with Sector peers |
| Industry |
Finance - Housing
|
Compare with Industry peers |
| Website | http://www.homefirstindia.com | |
| Financial Indicators | ||
|---|---|---|
| Market Cap | 5,167.71 Cr. | |
| Earnings per share (EPS) | 11.44 | Trailing Twelve Months Ending 2021-03 |
| Price-Earning Ratio (PE) | 51.60 | Trailing Twelve Months Ending 2021-03 |
| Industry PE | 54.57 | Trailing Twelve Months Ending 2021-03 |
| Book Value / Share | 160.69 | Trailing Twelve Months Ending 2021-03 |
| Price to Book Value | 3.68 | Calculated using Price: 590.60 |
| Dividend Yield | 0.00 | Period Ending 2021-03 |
| No. of Shares Subscribed | 8.75 Cr. | 87,499,373 Shares |
| FaceValue | 2 | |
| Company Profile | ||
|
The company was incorporated as ‘Home First Finance Company India Private Limited’ at Bengaluru, Karnataka as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated February 3, 2010 issued by the Registrar of Companies, Karnataka at Bengaluru. Subsequently, the company was converted to a public limited company and consequently the name of the company was changed to ‘Home First Finance Company India Limited’ and a fresh certificate of incorporation dated March 14, 2018 was issued by the Registrar of Companies, Maharashtra at Mumbai (RoC). The company is a technology driven affordable housing finance company that targets first time home buyers in low and middle-income groups. It primarily offers customers housing loans for the purchase or construction of homes. It has increased the scale of its operations and grown its branches by adopting a strategy of contiguous expansion across regions and have strategically expanded to geographies where there is substantial demand for housing finance. The company utilizes a diverse range of lead sourcing channels such as connectors, architects, contractors, affordable housing developers, in addition to conducting loan camps and micro marketing activities, and utilizing employee and customer referrals and branch walk-in customers. Business area of the company The company primarily caters to the low and middle income groups by offering them housing loans to construct and buy homes. It further offers other loans like loans against property, developer finance loans, and loans to buy commercial property. Products
Major events and milestones
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Company Profile
The company was incorporated as ‘Home First Finance Company India Private Limited’ at Bengaluru, Karnataka as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated February 3, 2010 issued by the Registrar of Companies, Karnataka at Bengaluru. Subsequently, the company was converted to a public limited company and consequently the name of the company was changed to ‘Home First Finance Company India Limited’ and a fresh certificate of incorporation dated March 14, 2018 was issued by the Registrar of Companies, Maharashtra at Mumbai (RoC). The company is a technology driven affordable housing finance company that targets first time home buyers in low and middle-income groups. It primarily offers customers housing loans for the purchase or construction of homes.
It has increased the scale of its operations and grown its branches by adopting a strategy of contiguous expansion across regions and have strategically expanded to geographies where there is substantial demand for housing finance. The company utilizes a diverse range of lead sourcing channels such as connectors, architects, contractors, affordable housing developers, in addition to conducting loan camps and micro marketing activities, and utilizing employee and customer referrals and branch walk-in customers.
Business area of the company
The company primarily caters to the low and middle income groups by offering them housing loans to construct and buy homes. It further offers other loans like loans against property, developer finance loans, and loans to buy commercial property.
Products
Major events and milestones
| 1 Day |
|
-0.17% |
| 1 Week |
|
+4.39% |
| 1 Month |
|
+10.04% |
| 3 Month |
|
+10.56% |
| 6 Month |
|
+7.59% |
| 1 Year |
|
|
| 2 Year |
|
|
| 5 Year |
|
| 7 years | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 3.47 | 4.84 | 2.95 | 5.14 | 10.92 | 11.01 | 8.72 | |
| Return on Capital Employed (%) | 9.41 | 10.52 | 8.65 | 7.80 | 10.11 | 10.25 | 9.01 | |
| Return on Assets (%) | 1.17 | 1.26 | 0.84 | 1.35 | 2.37 | 2.67 | 2.51 |
| Particulars | 9 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Shh. Funds | 50 | 99 | 102 | 154 | 306 | 325 | 523 | 933 | 1,381 | |
| Non Curr. Liab. | 44 | 92 | 216 | 365 | -1 | -5 | 2 | 10 | 255 | |
| Curr. Liab. | 8 | 25 | 42 | 78 | 685 | 1,050 | 1,956 | 2,537 | 2,874 | |
| Minority Int. | ||||||||||
| Equity & Liab. | 102 | 216 | 359 | 597 | 991 | 1,371 | 2,480 | 3,480 | 4,510 | |
| Non Curr. Assets | 69 | 163 | 325 | 507 | 796 | 1,320 | 2,255 | 3,180 | 3,718 | |
| Curr. Assets | 33 | 52 | 35 | 90 | 195 | 51 | 225 | 300 | 792 | |
| Misc. Exp. not W/O | ||||||||||
| Total Assets | 102 | 216 | 359 | 597 | 991 | 1,371 | 2,480 | 3,480 | 4,510 |
| Particulars | 9 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Net Sales | 6 | 17 | 35 | 60 | 92 | 132 | 260 | 399 | 477 | |
| Other Income | 1 | 3 | 4 | 2 | 2 | 11 | 21 | 12 | ||
| Total Income | 7 | 20 | 39 | 62 | 92 | 134 | 271 | 420 | 489 | |
| Total Expenditure | -5 | -8 | -12 | -16 | -26 | -42 | -75 | -111 | -127 | |
| PBIDT | 2 | 12 | 27 | 46 | 66 | 93 | 196 | 308 | 362 | |
| Interest | -3 | -10 | -22 | -37 | -54 | -66 | -127 | -194 | -220 | |
| Depreciation | 0 | 0 | 0 | 0 | -2 | -2 | -5 | -7 | -8 | |
| Taxation | 0 | -1 | -3 | -4 | -8 | -20 | -28 | -34 | ||
| Exceptional Items | ||||||||||
| PAT | -1 | 3 | 3 | 6 | 7 | 16 | 46 | 80 | 100 |
| Particulars | 5 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | -273 | -506 | -791 | -823 | -223 | |
| Cash Fr. Inv. | -14 | 56 | -105 | -108 | -615 | |
| Cash Fr. Finan. | 380 | 357 | 1,059 | 893 | 900 | |
| Net Change | 93 | -93 | 163 | -38 | 62 | |
| Cash & Cash Eqvt | 116 | 23 | 186 | 148 | 209 |
|
Tue, 03 Aug 2021
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 2015 Erroneously traded in the shares of the Company in violation of the Code of Conduct for Regulating Monitoring and Reporting of Trading (Code of Conduct) by the immediate relatives of the Designated Persons. |
|
Mon, 02 Aug 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation Intimation of Schedule of Analyst / Institutional Investor meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 |
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Fri, 30 Jul 2021
Additional Information With Respect To The Notice Dated July 7 2021 For The 12Th Annual General Meeting Of The Company Scheduled To Be Held On August 5 2021 With reference to the captioned matter the Company is furnishing following additional information in relation to Items Nos. 2 4 and 5 set out in the AGM Notice for the kind attention of the members of the Company |
| Wed, 04 Aug 2021 |
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