More about Home First Finance Company India Limited
Fundamentals for Home First Finance Company India Limited
Regulatory Filings for Home First Finance Company India Limited
Defence Profits Reach Dharavi's Machinists
From COVID Debt to Green Despair: Industrial Discharge Is Destroying India’s Last Prawn Nurseries
The Hidden Cost of India's Electronics Assembly Push: A 40% E-Waste Surge and the Death of Affordable Repair
The Wedding Loan Trap: How India’s Microfinance Boom Turned Housewives Into Ghost Borrowers and Temple Brass Into EMI Cash
Fundamentals for Home First Finance Company India Limited
Business Operations:
Sector: Financial ServicesIndustry: Mortgage Finance
Home First Finance Company India Limited operates as a housing finance company in India. The company offers home loans, home construction loans, home extension and renovation loans, loans against property, shop loans, and loans for purchase of commercial property. It also operates mobile application for financing of loans. The company serves salaried professionals, self-employed individuals, and small business owners. Home First Finance Company India Limited was incorporated in 2010 and is headquartered in Mumbai, India.
Revenue projections:
HOMEFIRST's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 18.34144 |
| debtToEquity | 240.45200 |
| earningsGrowth | 0.25300 |
| revenueGrowth | 0.34600 |
| grossMargins | 0.99958 |
| operatingMargins | 0.66566 |
| trailingEps | 49.02000 |
| forwardEps | 63.61005 |
Home First Finance Company India Limited's Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation.
HOMEFIRST's high debt-to-equity ratio indicates significant leverage, meaning the company has more debt compared to its equity. While this can accelerate growth, it also increases financial risk if revenue or profits decline.
HOMEFIRST's positive earnings and revenue growth signal that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods.
HOMEFIRST's positive gross and operating margins suggest strong profitability. These margins reflect effective cost management and revenue generation, indicating that the company is efficiently managing its operations and maintaining financial health.
HOMEFIRST's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that HOMEFIRST's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
The stock price of Home First Finance Company India Limited has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Recommendation changes over time:
HOMEFIRST has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see HOMEFIRST as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
If you have enjoyed reading, spread the word:
Good prospects:
Companies with the best and the worst fundamentals.
Latest Regulatory Filings for NSE500
Companies with the best and the worst technicals.
From Lifesaving Drugs to Sick Units: The Hidden Energy Crisis Inside India’s Pharma Clusters
From Price Pressures to Profit Power: The MSME Playbook Redefining India’s Economy
₹90 Crore Bet Signals a Massive Shift in India’s Rural Economy