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
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Fundamentals for Home First Finance Company India Limited
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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:
Home First Finance Company India Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 209.800000 |
|---|---|
| forwardPE | 14.192451 |
| debtToEquity | 243.084000 |
| earningsGrowth | 0.242000 |
| revenueGrowth | 0.337000 |
| grossMargins | 1.000000 |
| operatingMargins | 0.665550 |
| trailingEps | 51.630000 |
| forwardEps | 76.582970 |
With a current ratio 209.8, Home First Finance Company India Limited demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
HOMEFIRST's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
Home First Finance Company India Limited's elevated debt-to-equity ratio suggests that the company is using significant debt to finance its operations. This level of leverage can amplify financial risk, particularly if profitability decreases or external conditions become unfavorable.
HOMEFIRST's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
HOMEFIRST's positive gross and operating margins suggest the company is performing profitably. These margins reflect efficient cost management and strong revenue generation, signaling healthy financial performance and operational effectiveness.
With a forward EPS greater than its trailing EPS, HOMEFIRST is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
HOMEFIRST's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.
Recommendation changes over time:
The recent buy bias from analysts suggests Home First Finance Company India Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, Home First Finance Company India Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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