Home First Finance is currently navigating a period of strategic transition, marked by significant shifts in its ownership structure and robust financial expansion. Recent market activity saw promoters Aether and True North offload a substantial stake worth approximately **660 crore**. These shares were acquired by global institutional heavyweights Societe Generale and PICTET through bulk deals. Following this transaction, the promoter holding has settled at approximately **12.35%** as of February 2026. While the stock faced an initial intraday decline of nearly **6%**, it has maintained a resilient technical posture, recently crossing above its **200-day Moving Average** of **1,220**. The company’s growth trajectory remains aggressive within the affordable housing segment. Key performance metrics for the latest quarter highlight a significant surge in profitability and scale: **Operational Scale and AUM** The company’s Assets Under Management (AUM) reached a milestone of **14,925 crore**, representing a year-on-year growth of **24.9%**. Disbursements for the quarter hit an all-time high of **1,318 crore**, up **10.5%** compared to the previous year. **Profitability and Returns** Net profit for the quarter surged by **44%** to reach **140 crore**. This performance is supported by a healthy Return on Assets (RoA) of **4.0%**. The company continues to maintain a strong spread on loans at **5.4%**, effectively managing its cost of borrowings which has moderated to **8.0%**. **Asset Quality and Capital** Despite a slight uptick in Gross Non-Performing Assets (GNPA) to **2.0%**, the company maintains a massive liquidity buffer of over **4,300 crore**. Its capital adequacy remains exceptionally high, with a Tier 1 ratio of **48.6%**, providing a stable foundation for future lending. Home First Finance primarily serves first-time homebuyers in the low- and middle-income segments, with **60%** of its base falling under the EWS and LIG categories. The company is leveraging a technology-driven model to maintain a rapid credit underwriting turnaround time of approximately **48 hours**. Market analysts maintain a positive outlook on the stock, with price targets ranging up to **1,375**. This optimism is fueled by the company's geographical expansion—now reaching **165 branches** and **368 touchpoints**—and its consistent ability to outperform broader market benchmarks over a one-year horizon.