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 Home First Finance Company India Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
currentRatio
247.882000
forwardPE
18.582483
debtToEquity
379.069000
earningsGrowth
0.251000
revenueGrowth
0.320000
grossMargins
1.000000
operatingMargins
0.633310
trailingEps
42.070000
forwardEps
0.000000
HOMEFIRST's current ratio of 247.882 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects HOMEFIRST's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues. Home First Finance Company India Limited'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. HOMEFIRST's elevated debt-to-equity ratio reflects substantial leverage, meaning the company relies heavily on borrowed funds. This could increase financial risk, particularly in times of economic uncertainty or if the company's profitability declines. HOMEFIRST's positive earnings and revenue growth point to business expansion on the horizon. The company is positioned for continued success, with increasing profits and revenue growth highlighting a strong path forward for future growth. With positive gross and operating margins, HOMEFIRST demonstrates its profitability and efficiency. These metrics show that the company is managing costs well while generating strong revenue, highlighting robust financial health.
Price projections:
Price projections for HOMEFIRST The steady upward revision of HOMEFIRST's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about HOMEFIRST's future prospects and potential for growth.
Recommendation changes over time:
Recommendations trend for HOMEFIRST
Analysts' recent buy bias toward HOMEFIRST suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see HOMEFIRST as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
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