Home First Finance Company India Limited (HOMEFIRST) - Net Assets
Based on the latest financial reports, Home First Finance Company India Limited (HOMEFIRST) has net assets worth Rs41.80 Billion INR (≈ $452.09 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs142.68 Billion ≈ $1.54 Billion USD) and total liabilities (Rs100.87 Billion ≈ $1.09 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Home First Finance Company India Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs41.80 Billion |
| % of Total Assets | 29.3% |
| Annual Growth Rate | 30.38% |
| 5-Year Change | 82.63% |
| 10-Year Change | N/A |
| Growth Volatility | 65.55 |
Home First Finance Company India Limited - Net Assets Trend (2016–2025)
This chart illustrates how Home First Finance Company India Limited's net assets have evolved over time, based on quarterly financial data. Also explore HOMEFIRST total asset value for the complete picture of this company's asset base.
Annual Net Assets for Home First Finance Company India Limited (2016–2025)
The table below shows the annual net assets of Home First Finance Company India Limited from 2016 to 2025. For live valuation and market cap data, see market value of Home First Finance Company India Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs25.21 Billion ≈ $272.67 Million |
+18.85% |
| 2024-03-31 | Rs21.21 Billion ≈ $229.43 Million |
+16.74% |
| 2023-03-31 | Rs18.17 Billion ≈ $196.54 Million |
+15.48% |
| 2022-03-31 | Rs15.74 Billion ≈ $170.19 Million |
+13.99% |
| 2021-03-31 | Rs13.81 Billion ≈ $149.30 Million |
+47.87% |
| 2020-03-31 | Rs9.34 Billion ≈ $100.97 Million |
+78.63% |
| 2019-03-31 | Rs5.23 Billion ≈ $56.52 Million |
+61.21% |
| 2018-03-31 | Rs3.24 Billion ≈ $35.06 Million |
+200.76% |
| 2017-03-31 | Rs1.08 Billion ≈ $11.66 Million |
-53.45% |
| 2016-03-31 | Rs2.32 Billion ≈ $25.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Home First Finance Company India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 11973.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs10.31 Billion | 40.89% |
| Common Stock | Rs180.11 Million | 0.71% |
| Other Comprehensive Income | Rs3.27 Billion | 12.98% |
| Other Components | Rs11.45 Billion | 45.41% |
| Total Equity | Rs25.21 Billion | 100.00% |
Home First Finance Company India Limited Competitors by Market Cap
The table below lists competitors of Home First Finance Company India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
North China Pharmaceutical Co Ltd
SHG:600812
|
$1.31 Billion |
|
One Software Technologies Ltd
TA:ONE
|
$1.31 Billion |
|
Hebei Sailhero Environmental
SHE:300137
|
$1.31 Billion |
|
Jiangsu Chengxing Phosph-Chemical Co Ltd
SHG:600078
|
$1.31 Billion |
|
Direcional Engenharia S.A.
SA:DIRR3
|
$1.31 Billion |
|
Zhejiang Huangma Technology Co Ltd
SHG:603181
|
$1.31 Billion |
|
Dole plc
F:4CB
|
$1.31 Billion |
|
Shenzhen Cotran New Material Co Ltd Class A
SHE:300731
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Home First Finance Company India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,214,850,000 to 25,212,820,000, a change of 3,997,970,000 (18.8%).
- Net income of 3,820,680,000 contributed positively to equity growth.
- Dividend payments of 301,230,000 reduced retained earnings.
- New share issuances of 260,400,000 increased equity.
- Other comprehensive income increased equity by 904,540,000.
- Other factors decreased equity by 686,420,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs3.82 Billion | +15.15% |
| Dividends Paid | Rs301.23 Million | -1.19% |
| Share Issuances | Rs260.40 Million | +1.03% |
| Other Comprehensive Income | Rs904.54 Million | +3.59% |
| Other Changes | Rs-686.42 Million | -2.72% |
| Total Change | Rs- | 18.85% |
Book Value vs Market Value Analysis
This analysis compares Home First Finance Company India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 26.77x to 4.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | Rs43.39 | Rs1161.70 | x |
| 2017-03-31 | Rs648607305.94 | Rs1161.70 | x |
| 2018-03-31 | Rs37.10 | Rs1161.70 | x |
| 2019-03-31 | Rs59.81 | Rs1161.70 | x |
| 2020-03-31 | Rs124.07 | Rs1161.70 | x |
| 2021-03-31 | Rs167.87 | Rs1161.70 | x |
| 2022-03-31 | Rs176.33 | Rs1161.70 | x |
| 2023-03-31 | Rs200.63 | Rs1161.70 | x |
| 2024-03-31 | Rs233.65 | Rs1161.70 | x |
| 2025-03-31 | Rs277.62 | Rs1161.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Home First Finance Company India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.83%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 4.84x
- Recent ROE (15.15%) is above the historical average (8.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.91% | 24.81% | 0.04x | 3.86x | Rs-93.63 Million |
| 2017 | 1.04% | 11.31% | 0.78x | 0.12x | Rs-890.75 Million |
| 2018 | 4.93% | 12.17% | 0.10x | 4.21x | Rs-164.26 Million |
| 2019 | 8.75% | 19.43% | 0.09x | 4.75x | Rs-65.42 Million |
| 2020 | 8.52% | 22.97% | 0.10x | 3.73x | Rs-138.12 Million |
| 2021 | 7.25% | 24.56% | 0.09x | 3.27x | Rs-379.12 Million |
| 2022 | 11.83% | 38.90% | 0.09x | 3.25x | Rs287.30 Million |
| 2023 | 12.56% | 32.95% | 0.10x | 3.71x | Rs465.58 Million |
| 2024 | 14.41% | 31.21% | 0.10x | 4.49x | Rs935.68 Million |
| 2025 | 15.15% | 28.83% | 0.11x | 4.84x | Rs1.30 Billion |
Industry Comparison
This section compares Home First Finance Company India Limited's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $17,471,363,217
- Average return on equity (ROE) among peers: 10.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Home First Finance Company India Limited (HOMEFIRST) | Rs41.80 Billion | 3.91% | 2.41x | $1.31 Billion |
| Aadhar Housing Finance Ltd (AADHARHFC) | $26.93 Billion | 0.00% | 4.06x | $2.29 Billion |
| Aavas Financiers Limited (AAVAS) | $43.61 Billion | 13.17% | 3.27x | $1.18 Billion |
| Aptus Value Housing Finance India Limited (APTUS) | $19.79 Billion | 13.49% | 1.28x | $1.41 Billion |
| Bajaj Housing Finance (BAJAJHFL) | $36.58 Billion | 2.85% | 4.26x | $7.85 Billion |
| GIC Housing Finance Limited (GICHSGFIN) | $6.60 Billion | 15.59% | 9.18x | $88.24 Million |
| INDIA SHELTER FINANCE CORPORATION LIMITED (INDIASHLTR) | $8.00 Billion | 3.80% | 0.67x | $951.30 Million |
| PNB Housing Finance Limited (PNBHOUSING) | $4.00 Billion | 19.37% | 10.09x | $2.95 Billion |
| Repco Home Finance Limited (REPCOHOME) | $1.35 Billion | 11.53% | 4.46x | $275.64 Million |
| Reliance Home Finance Limited (RHFL) | $10.38 Billion | 16.63% | 9.74x | $10.54 Million |
About Home First Finance Company India Limited
Home First Finance Company India Limited operates as a housing finance company in India. It offers home, self-construction, renovation, mortgage, shop, and resale, as well as top-up loans. The company also offers loans through mobile application. It serves salaried professionals, self-employed individuals, and small business owners, as well as corporates. The company was incorporated in 2010 and … Read more