Buy Home First Finance Company India, target price Rs 1070: Motilal Oswal

Motilal Oswal has buy call on Home First Finance Company India with a target price of Rs 1070. The current market price of Home First Finance Company India Ltd. is Rs 831.35.

Home First Finance Company India Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 7530.35 Crore) operating in NBFC sector.

Home First Finance Company India Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Income From Sale Of Share & Securities, Fees & Commission Income and Other Operating Revenue for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-03-2024, the company has reported a Standalone Total Income of Rs 317.75 Crore, up 5.56 % from last quarter Total Income of Rs 301.01 Crore and up 37.37 % from last year same quarter Total Income of Rs 231.30 Crore. Company has reported net profit after tax of Rs 83.47 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 23.56 per cent stake in the company as of 31-Mar-2024, while FIIs owned 25.09 per cent, DIIs 11.84 per cent.