INTEGRATED FILING — NBFC



General information about company

Scrip code 543259
NSE Symbol HOMEFIRST
MSEI Symbol NOTLISTED
ISIN INE481N01025
Name of company HOME FIRST FINANCE COMPANY INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 01-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 25-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Housing Finance
Start date and time of board meeting 01-May-2025   14:00:00
End date and time of board meeting 01-May-2025   16:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-01
Indicate Company website link for updated RPT policy of the Company https://homefirstindia.com/investor-relations#corporate-governance
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No defaults in loans


Financial Results — NBFC

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations
(i) Interest Income 3629190000 13540300000
(ii) Dividend Income 0 0
(iii) Rental Income 0 0
(iv) Fees and commission Income 173010000 452990000
(v) Net gain on fair value changes 30660000 351050000
(vi) Net gain on derecognition of financial instruments under amortised cost category 300470000 912260000
(vii) Sale of products (including Excise Duty) 0 0
(viii) Sale of services 0 0
(ix) Other revenue from operations
1 Other operating income 13320000 42870000
Total other revenue from operations 13320000 42870000
Total Revenue From Operations 4146650000 15299470000
Other income 15260000 92560000
Total income 4161910000 15392030000
2 Expenses
Cost of materials consumed 0 0
Purchases of stock-in-trade 0 0
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
Employee benefit expense 517940000 1944090000
Finance costs 1903060000 7152700000
Depreciation, depletion and amortisation expense 43260000 155300000
Fees and commission expense 0 0
Net loss on fair value changes 0 0
Net loss on derecognition of financial instruments under amortised cost category 0 0
Impairment on financial instruments 76990000 287680000
(f) Other expenses
1 Other Expenses 241710000 836380000
Total other expenses 241710000 836380000
Total expenses 2782960000 10376150000
3 Total profit before exceptional items and tax 1378950000 5015880000
4 Exceptional items 0 0
5 Total profit before tax 1378950000 5015880000
7 Tax expense
8 Current tax 302670000 1138980000
9 Deferred tax 29360000 56220000
10 Total tax expenses 332030000 1195200000
11 Net Profit Loss for the period from continuing operations 1046920000 3820680000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
17 Net profit (loss) from discontinued operation after tax 0 0
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
15 Total profit (loss) for period 1046920000 3820680000
16 Other comprehensive income net of taxes 2010000 -3610000
17 Total Comprehensive Income for the period 1048930000 3817070000
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20 Details of equity share capital
Paid-up equity share capital 180110000 180110000
Face value of equity share capital 2 2
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 11.65 42.83
Diluted earnings per share from continuing operations 11.45 42.07
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 11.65 42.83
Diluted earnings per share 11.45 42.07
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Cash flow statement, indirect

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 5015880000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 7100330000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -50690000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -78890000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -25151890000
Adjustments for other financial assets, current -9410000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 46010000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 76750000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 155300000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 287680000
Adjustments for provisions, current 10490000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 78140000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -48700000
Adjustments for dividend income 0
Adjustments for interest income 13311520000
Adjustments for share-based payments 266780000
Adjustments for fair value losses (gains) 50020000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -1521460000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -32101060000
Net cash flows from (used in) operations -27085180000
Dividends received 0
Interest paid 7175820000
Interest received 13371910000
Income taxes paid (refund) 1094310000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -21983400000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 1480000
Purchase of property, plant and equipment 119290000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 491290000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -375600000
Net cash flows from (used in) investing activities -2120000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 260400000
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 41030980000
Repayments of borrowings 18724160000
Payments of lease liabilities 93960000
Dividends paid 301230000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 22172030000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 186510000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 186510000
Cash and cash equivalents cash flow statement at beginning of period 5804770000
Cash and cash equivalents cash flow statement at end of period 5991280000




Statement of Asset and Liabilities

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Finanical Asset
Cash and cash equivalents 5991280000
Bank Balance other than (a) above 3391090000
Derivative financial instruments 0
Receivables
(I) Trade Receivables 55490000
(II) Other Receivables 2860000
Loans 106487000000
Investments 3602370000
Other Financial assets 1823480000
Total Financial Assets 121353570000
2 Non Financial Asset
Inventories 0
Current tax assets (Net) 2780000
Deferred tax Assets (Net) 0
Investment Property 0
Biological assets other than bearer plants 0
Property, Plant and Equipment 447050000
Capital work-in-progress 930000
Intangible assets under development 1370000
Goodwill 0
Other Intangible assets 11790000
Other non-financial assets (to be specified) 299230000
Total Non Financial Assets 763150000
Total assets 122116720000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 180110000
Other equity 25032710000
Total equity attributable to owners of parent 25212820000
Non controlling interest
Total equity 25212820000
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 66870000
(b) Payables 0
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 2290000
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 158570000
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 0
(C ) Debt Securities 2848390000
(d) Borrowings (Other than Debt Securities) 92658600000
(e) Deposits 0
(f) Subordinated Liabilities 0
(g) Other financial liabilities 804200000
Total Financial Liabilities 96538920000
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 84620000
(b) Provisions 93920000
(C ) Deferred tax liabilities (Net) 23750000
(d) Other non-financial liabilities 162690000
Total Non Financial Liabilities 364980000
Total liabilities 96903900000
Total equity and liabilites 122116720000
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the defined benefit plans 2680000 -4830000
Total Amount of items that will not be reclassified to profit and loss 2680000 -4830000
2 Income tax relating to items that will not be reclassified to profit or loss 670000 -1220000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 2010000 -3610000




Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s B S R & Co LLP Yes 31-Jul-2025


Financial details

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth


Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Home First Finance Company India Limited Mr. Manoj Viswanathan Managing Director and Chief Executive Officer Remuneration 29000000 No remarks 7660000 0 0
2 Home First Finance Company India Limited Ms. Nutan Gaba Patwari Chief Financial Officer Remuneration 24100000 No remarks 7800000 0 0
3 Home First Finance Company India Limited Mr. Shreyans Bachhawat Company Secretary Remuneration 6000000 No remarks 2470000 0 0
4 Home First Finance Company India Limited Mr. Deepak Satwalekar Independent Director Remuneration 4000000 No remarks 3300000 0 3000000
5 Home First Finance Company India Limited Mr. Anuj Srivastava Independent Director Remuneration 3000000 No remarks 2300000 300000 1800000
6 Home First Finance Company India Limited Ms. Sucharita Mukherjee Independent Director Remuneration 3500000 No remarks 2500000 200000 1600000
7 Home First Finance Company India Limited Ms. Geeta Dutta Goel Independent Director Remuneration 3500000 No remarks 2300000 0 1600000
8 Home First Finance Company India Limited Mr. Manoj Viswanathan Managing Director and Chief Executive Officer Any other transaction Exercise of Vested employee stock options under ESOP Schemes of the Company At actuals 11720000 0 0 Textual Information(1)
9 Home First Finance Company India Limited Mr. Manoj Viswanathan Managing Director and Chief Executive Officer Any other transaction Exercise of Vested employee stock options under ESOP Schemes of the Company At actuals 11720000 0 0 Textual Information(2)
10 Home First Finance Company India Limited Ms. Nutan Gaba Patwari Chief Financial Officer Any other transaction Exercise of Vested employee stock options under ESOP Schemes of the Company At actuals 6960000 0 0 Textual Information(3)
Total value of transaction during the reporting period 58730000



Text Block

Textual Information(1) The Audit Committee at its meeting held on May 08, 2024 had approved exercise of ESOPs to MD & CEO at actuals, which was subject to ratification at the next Audit Committee Meeting. Accordingly, the Audit Committee at its meeting held on January 28, 2025 has ratified the said transaction
Textual Information(2) The Audit Committee at its meeting held on May 08, 2024 had approved exercise of ESOPs to MD & CEO at actuals, which was subject to ratification at the next Audit Committee Meeting. Accordingly, the Audit Committee at its meeting held on April 30, 2025 has ratified the said transaction
Textual Information(3) The Audit Committee at its meeting held on May 08, 2024 had approved exercise of ESOPs to Chief Financial Officer at actuals, which was subject to ratification at the next Audit Committee Meeting. Accordingly, the Audit Committee at its meeting held on April 30, 2025 has ratified the said transaction


Format for Disclosing Outstanding Default on Loans and Debt Securities

Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt