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:
Revenue projections for HOMEFIRST Investors may react cautiously to news that HOMEFIRST's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
currentRatio
0.000000
forwardPE
19.764639
debtToEquity
380.228000
earningsGrowth
0.190000
revenueGrowth
0.387000
grossMargins
0.999510
operatingMargins
0.644490
trailingEps
43.950000
forwardEps
0.000000
HOMEFIRST's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation. Home First Finance Company India Limited's high debt-to-equity ratio signals that the company is heavily leveraged. This suggests Home First Finance Company India Limited may be relying more on debt than equity to finance its operations, which could expose the company to greater financial risk in challenging economic conditions. 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. With positive gross and operating margins, HOMEFIRST demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability.
Price projections:
Price projections for HOMEFIRST The steady upward revision of HOMEFIRST's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about HOMEFIRST's potential to deliver strong results and increased market value.
Recommendation changes over time:
Recommendations trend for HOMEFIRST
Recent analysis shows a strong buy bias for Home First Finance Company India Limited, encouraging investors to view it as a solid investment option. The positive sentiment surrounding Home First Finance Company India Limited suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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