• AUM growth guidance: Home First Finance expects to maintain 25% AUM growth for FY27 and stay in a similar ballpark over the next couple of years, driven by strong underlying housing demand.
• Credit cost outlook: Management guided for credit costs to remain range-bound between 30 and 40 basis points, supported by benign asset quality and the asset-backed nature of its portfolio.
• Borrowing cost dynamics: With borrowing costs at 7.9% and a fully floating-rate book, the company has passed recent rate decrease benefits to borrowers and will pass on any potential future rate hikes.
• Demand and ticket trends: On-ground housing demand remains robust as borrowers increasingly upgrade to larger home sizes, which is driving a slight increase in average ticket sizes.