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 HOMEFIRST is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
currentRatio
0.000000
forwardPE
19.388388
debtToEquity
380.228000
earningsGrowth
0.190000
revenueGrowth
0.387000
grossMargins
0.999510
operatingMargins
0.644490
trailingEps
43.900000
forwardEps
0.000000
Home First Finance Company India Limited's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside. HOMEFIRST's high debt-to-equity ratio suggests a heavily leveraged capital structure. The company relies on debt to fund operations, which could heighten financial risks, particularly if economic conditions deteriorate or profitability declines. With positive earnings and revenue growth, Home First Finance Company India Limited is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook. HOMEFIRST's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
Price projections:
Price projections for HOMEFIRST HOMEFIRST's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect HOMEFIRST to continue its positive trajectory.
Recommendation changes over time:
Recommendations trend for HOMEFIRST
With analysts showing a buy bias for HOMEFIRST, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning HOMEFIRST as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of why European banks continue to report strong profits despite...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.