Interim report
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HFFCIL/BSE/NSE/EQ/128/2025-26 Date: 22-01-2026 To, BSE Limited, Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001. Scrip Code- 543259 To, The National Stock Exchange of India Limited, The Listing Department, Bandra Kurla Complex, Mumbai- 400 051. Scrip Symbol- HOMEFIRST Sub: Outcome of the Board Meeting held on Thursday, January 22, 2026 and submission of Reviewed Financial Results for the quarter and nine months ended December 31, 2025. Dear Sir / Madam, In terms of provision of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, (“SEBI Listing Regulations”), this is to inform you that the Board of Directors of the Company (“Board”) at its Meeting held today i.e. Thursday, January 22, 2026, has inter-alia, considered and approved the following matters: a. Reviewed Financial Results for the quarter and nine months ended December 31, 2025: Pursuant to Regulation 33 of SEBI Listing Regulations, the Board has, inter alia, approved the Reviewed Financial Results of the Company for the quarter and nine months ended December 31, 2025; A copy of the said Financial Results along with the Limited Review Report submitted by Statutory Auditors, M/s. B S R & Co. LLP, Chartered Accountants (Firm Registration number:101248W/W-100022), is enclosed herewith. (Annexure-1) b. Reappointment of Ms. Kavita Semwal - Chief Compliance Officer of the Company Pursuant to Regulation 30 read with Schedule III Part A Para A (7) of the SEBI Listing Regulations and based on the recommendations of Nomination & Remuneration Committee, approved the re-appointment of Ms. Kavita Semwal as the Chief Compliance Officer of the Company (designated as Senior Management Personnel) with effect from May 01, 2026 for a period of three years. The disclosures as required under SEBI Listing Regulations read with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed herewith. (Annexure-2) Please note that the said Board Meeting commenced at 2.00 P.M. and concluded at 4.15 P.M. We request you to take the aforesaid on the record. For Home First Finance Company India Limited Shreyans Bachhawat Company Secretary, Compliance Officer and Head – Legal ACS NO: 26700
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P A i 14th Floor, Central B Wing and North C Wing B S R & CO . LLP Nesco IT Park 4, Nesco Center Western Express Highway Chartered Accountants Goregaon (East), Mumbai — 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited financial results of Home First Finance Company India Limited for the quarter ended 31 December 2025 and year to date results for the period from 1 April 2025 to 31 December 2025 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements} Regulations, 2015, as amended To the Board of Directors of Home First Finance Company India Limited 1. We have reviewed the accompanying Statement of unaudited financial results of Home First Finance Company India Limited {hereinaiter referred io as "the Company”) for the quarter ended 31 December 2025 and year to date resulis for the period from 1 April 2025 to 31 December 2025 (“the Statement”). 2. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Inferim Financial Reporting” (“Ind AS 34", prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Reguiations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of interim Financial Informaltion Performed by the Independent Auditor of the Entity”, issued by the Institute of Chariered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review proceduras. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently dees not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4, Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. ForBSR &Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Ashwin Suvarna Partner Mumbai Membership No.: 108503 22 January 2026 UDIN: £6109503HRKPLHER0T Registered Office: E S R & Co. {a partnership firm with Registration No. BA61223) converted inte B S R & Co, LLP (2 14th Floor, Central B Wing and North & Wing, Nesco 1T Park 4, Nesco Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Center, Wastern Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 1
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Home First Finance Company India Limited Registered office: 511, Acme Plaza, Andheri-Kurla Road, Andheri {East), Mumbai 400059 CI: LE59S0MH2010PLC240703 tatement of financial reslts for the q uarter and nine months ended 31 De:ernbr 2025 (Rs. in million, except per share data ‘articular T Revenue from operations Interest income 4,282.03 4,091.05 3,557.78 12,322.87 851111 13,540.30 {ii} |Feesand cormmission income 201.15 213.24 153.78 506.94 279,98 452.99 {iii} |Net gain on fair value changes 51.88 204.30 12171 395.49 320.39 351.05 {iv] |Net gain on darscognition of financial instruments under amortised cost category 268.77 24952 21494 763.37 611.79 912,26 (v} jOther cperating income 14.82 14.59 1126 43.12 28,55 42.87 {} [Total revenue from operations 4,822.45 4,773.20 4,059.47 14,131.79 11,152.82 15,299.47 {ll} |Ctherincome 14.30 17.27 15.63 18.08 77.30 $2.56 (I} [Totalincome {I+11} 4,836.75 4,790.47 4,074.50 14,179.87 11,230.12 15,392.03 Expenses (i} [Firance costs 1,840.96 2,025,23 1,926.32 5,870.01 5,249.64 7.152.70 {t} |lmpairment on financial instruments 14170 152.43 87.87 410.83 210.69 287.68 {fi} |Employee benefits expense (Refer note 3] 635.64 598.52 507.87 1,837.81 1426.15 1,944.09 {iv) |Depreciation and amortisation 48.81 45.37 41.21 138.03 112.04 155.30 {v} |Cther expanses 241.531 235.58 203.07 597.45 594,67 836.38 {I¥} |Total expenses 3,008.42 3,058.13 2,776.34 9,054.23 7,593.19 10,376.15 (v} |Profit befere tax (lII-1v) 1,828.33 1,732.34 1,298.16 5,125.64 3,636.93 5,015.83 {Vl] |Taxexpense; - Current tax 422.39 406.89 320.33 1,210.30 836,31 1,138.98 - Beferred tax 3.24 £.98 4.00 5.95 26.86 56.22 Total tax expanse 426.33 413.87 324.33 1,216.26 863.17 1,195.20 {vl) |Profit after tax {v-vi) 1,402.00 1,318.47 973.83 2,909.38 2,773.76 3,820.63 [VHI} | Gther comprehensive income {A) ltems that will not be reclassifiad to profit ar loss {i] Remeasuraments of the dafined benefit plans {0.44) (3.42) (2.50) (5.07) (7.51) {4.83) {ii} Income tax relating to items that will nat ke reciassified to profit or loss 0.11 0.87 0.63 1.28 1.82 1.22 (B} Items that will ba reclassified to prefit or loss {1} The effective portion of gain/ {loss) on hedging instruments in a cash flow hedge {12.14) 19.47 51.08 {4.40} 19.03 (44.98) (if) Income tax relating to items that will be reclassified to profit or loss 3.06 (4.90} - 1.11 - B Other comprehensiva income [A+B) {9.41] 12.02 48.21, {7.08) 13.41 [48.59) {IxX} |Total camprehensive incoma VI 1,392.59 1,330.49 1,023.04 3,902.30 2,787.17 3,772.09 [X] |Earnings per share [not annualised for the quarters/ nine months) Basic earnings per share (Rs,} 13.52 12.76 10.20 37.98 3116 42.83 Diluted earnings per share (Rs,} 13.34 12.53 10,65 37.43 30.50 42.07 Face value of equity share (Rs.} 2.00 2.00 2.00 2.00 2,00 2.00 [XE) |Paid up equity share capital 207.85 207.12 179.36 207.85 179.36 180,11 [¥11} |Other equity 25,032.71
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Home First Finance Campany India limited Registered office: 511, Acme Plaza, Andheri-Kurla Road, Andheri {East), Mumbai 400059 CIN: L65930MH2010PLC240703 Notes: The financial results of Home First Finance Company india Limited {the “Company") have been prepared by the management in accordance with the recognition and measurement principles, faid down under Indian Accounting Standard {Ind AS) 34, Interim Financial Reporting, prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India and is in complianca with the presentation and disclosure requiremeants of Ragulation 33 of the SEBI (Listing Obligations and Disclosure Reguirements) Regulations, 2615, as amended. The Company has applied its accounting policies and methods of computation in the preparation of these financial results consistent with those followad in the annual financial statements far the year ended 31 March 2025, The abaove financizl results have been reviewed by the Audit Committee and approved by the Board of Directors at their mestings held on 22 January 2026 and have been subjected to limitad review by the statutory auditors. The auditors have expressed an unmodified conclusion thereon. During the quarter and nine months ended 31 December 2025, 3,62,633 and 9,81,075 equity shares respectively have bean allotted to employees who have exercised their options under the approved employee stock option schemes. The Company’s main business is financing by way of loans towards affordable housing segment in India. All other activities of the {ompany revolve around the main business. As such, there are no separate reportable segments, as per the Indian Accounting Standard (Ind AS}) 108 on ‘Operating Segments’. Disclosures pursuant Lo Reserve Bank of India (Non-Banking Financial Companies - Transfer and Distribution of Cradit Risk) Directions, 2025 and Reserve Bank of India {Non-Banking Financial Companies — Financial Statements: Presentation and Disclasures) Directions, 2025 dated 28 November 2025: a. Details of transfer through direct assighment in respect of loans not in default; - Quarter ended Nine months ended Particulars 31 December 2025 31 December 2025 Aumber of loans 3,755 7,735 Aggregate amount (Rs. in millicn) 2,387.85 6,380.06 Sale consideration (Rs. in million) 2,149.07 5,742.05 Number of transactions 3 2 Weighted average remaining maturity {in months) 185 194 Weighted average holding period after origination {in months} 18 16 Retention of beneficizl economic interest 10% 10% Caverage of tangible security coverage 100% 100% Rating wise distrtbution of rated loans NA NA Number of instances {transactions) where transferor has agreed to replace the transferrad loans NA NA Number of transferred loans replaced NA NA L. The Company has not acquired any Joan which is either not in default or stressed during the quarter and nine months ended 31 December 2025. c. The Company has not transferred any stressed loan during the quarter and nire months ended 31 December 2025, On 21 November 2025, the Government of India has consalidated 29 existing labour laws in to four Labour Cedes - the Code on Wages, 2018, the Industrial Relations Cade, 2020, the Code an Social Security, 2020, and the Occupationa! Safety, Heaith and Working Conditions Code, 2020 {collectively referred to as the 'New Labour Codes'). As per the requirements under Ind AS 19, changes to employee benefit plans arising from the New Labour Codes constitute plan amendments and are required to be treated as past service costs, Accordingly, the Campany has estimated an increase in provision for empioyee benefits, on account of the New Labour Codes, by Rs. 33 million and the same has been recognized under the head ‘Employee benefits expense’ in the statement of profit and loss for the quarter and nine months ended 31 December 2025. The Company continues to monitor the finalisation of Central and State Rules and clarifications on the New Labour Codes and would provide appropriate accounting treatment on the basis of such developments, if neaded. On 11 April 2025, the Company has, by way of Qualified Institutions Placement in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, alloted 1,28,85,597 equity shares of face valus of Rs. 2 per share ata price of Rs. 970 per share, aggregating to Rs. 12,500 million. The Company does not have any subsidiary/ associate/ joint verture company. Accordingly, consolidation of the financial statements is not applicable to the Company. behalf of the Board of Directars Manoj Viswanathan Managing Director and Chief Executive Officer DIN: 01741612 Place: Mumbai Date: 22 January 2026 Goregacn (East), Mumbai - 400 063
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Annexure-2 Re-appointment of Ms. Kavita Semwal - Chief Compliance Officer of the Company Sr. No. Particulars Disclosure 1. Reason for change Re-appointment of Ms. Kavita Semwal as Chief Compliance Officer of the Company 2. Date of appointment and Term of appointment Ms. Kavita Semwal is reappointed as Chief Compliance Officer of the Company effective from May 01, 2026 for a period of three years 3. Brief profile Not Applicable 4. Disclosure of relationships between directors (in case of appointment of a director). Not Applicable