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Opportunity to earn from share market… This share of Rs 1200 will cross Rs 1450! Brokerage gave ‘Buy’ rating

Sanjeev Kumar | May 10, 2026 2:23 AM CST

Home First Finance Share Price

Everyone is looking for good returns with safe investment in the stock market. If you are also planning to include any such stock in your portfolio which can give huge profits in future, then betting on 'Home First Finance' can prove to be a profitable deal for you.

ICICI Securities, a well-known brokerage firm of the market, has expressed full confidence in this housing finance company and has given it a 'Buy' rating. The brokerage has set its new target price at Rs 1450 per share. Currently this share is trading around Rs 1200 on BSE. This means that from the current price this stock can see a huge rise of about 21 percent.

Loans are being distributed in full swing, business has gained new momentum

The real strength of any finance company is measured by how much loan it is distributing in the market. On this front, Home First Finance has completely shaken off its old lethargy. In the quarter from January to March 2026, the company has distributed new loans worth Rs 15.7 billion. This figure is 19 percent more than the previous quarter. The most important thing is that the company was stuck in the average range of Rs 11 to 13 billion for the last several quarters. By breaking this barrier, the company has made it clear that its growth prospects in the medium term are very strong. The minor challenges that were seen between April-September 2026 now seem to be ending completely.

Big decline in bad debts, asset quality improved

Disbursing the loan is one thing, but recovering it on time is most important. Home First Finance's loan book now looks cleaner and safer than ever before. The proportion of customers who were delaying their EMIs by one day or more (which is called 1+ DPD in technical language) has come down to 4.7 percent. In July-September 2025, this figure was at its highest level of 5.5 percent. The falling of this figure for the second consecutive quarter is a strong indication that the company's asset quality i.e. loan quality is improving tremendously.

Dividend gift to investors along with bumper profits

The financial results of the company are also testimony to its strong business model. In the January-March 2026 quarter, the company's net profit has increased by 42.8 percent on an annual basis to Rs 149.4 crore. It was Rs 104.6 crore in the same period a year ago. Similarly, the company's net interest income (NII) has also increased by 36.5 percent to Rs 306.1 crore. The total assets under management (AUM) of the company has also reached the level of Rs 15,878 crore with an increase of about 25 percent. The management is confident that the AUM growth of 25 percent will easily be maintained in future also. In this wonderful period of profits, the company has also announced a dividend of Rs 5.20 per share for its investors. This amount will be credited to the investors' accounts within 30 days of approval in the AGM.

Strong market cap, strong track record of the stock

Home First Finance's dominance in the market and investor confidence is continuously increasing. Today it has become a company with a market cap of more than Rs 12,500 crore. Within just one month, the stock has registered a gain of 13 percent. How much confidence the company's promoters have in their business is evident from the fact that their stake remains at 93.01 percent by the end of March 2026. The 52-week high of this share with face value of Rs 2 was Rs 1,518.80, while the low was Rs 893.95.

Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money-related decisions.

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