Share price
₹1,078.8 latest close · −10.5% over the last 90 sessions
₹1,078.8 month-end · −2.9% over 12 months
₹1,078.8 month-end · +20.1% over 3 years
₹1,078.8 month-end · +100.7% since Feb '21
52-week range ₹893.70 to ₹1317.70 · 1-year volatility 37.0%
Was the rally earned?
- The share price was roughly flat over 1 year (-3%).
- The share count rose 12%.
Mostly yes, with a catch.
- Per-share earnings added 84 points, but investors now pay less per rupee of profit (P/E 34.6x to 19.3x), which took 64 points back.
- The share count rose 19%.
Mostly yes, with a catch.
- Per-share earnings added 184 points, but investors now pay less per rupee of profit (P/E 70.6x to 19.3x), which took 150 points back.
- The share count rose 20%.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-38.8% (2025-07 peak to 2026-03 low, not yet recovered)
-34.0% (2024-09 peak to 2025-02 low, recovered 2025-06)
-31.8% (2022-08 peak to 2022-11 low, recovered 2023-12)
Most recent volume spikes
2026-09-18: 6.2x the 50-day median, price +5.8% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Is it expensive against its own past and its peers?
Usual range 3.6x to 4.9x since 2021-02.
71% above the Finance median.
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/B history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
Where does it rank among Finance peers?
Each cell is the company's percentile rank among its Finance peers (banks and financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROE (approx.)85th▲ 5 pts vs a year ago
- EPS growth74thflat vs a year ago
- P/B ↓28th▲ 11 pts vs a year ago
- 12M momentum56th▲ 3 pts vs a year ago
- FII + DII95th▲ 7 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Finance sector page Watch it move against Finance in the Observatory
What is the price implying?
At normalised P/E (five-year average earnings) of 34.2x, a holder earning 12%/yr needs earnings to grow about 21.0%/yr for 10 years, then trade at 15x.
Over time
Implied growth by month (solid) and delivered growth (dashed).
Change the assumptions
| Exit P/E / return | 11% | 12% | 13% |
|---|---|---|---|
| 12x | 22.6% | 23.7% | 24.8% |
| 15x | 20.0% | 21.0% | 22.1% |
| 20x | 16.6% | 17.7% | 18.7% |
Drag a slider to test other assumptions
Implied: 21.0%/yrLooking back
- Jan 2022Price implied 39%/yr; EPS has since grown 34%/yr (5.0 yrs)
Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.
What prices imply across Finance The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹1078.80
- P/E
- 19.3x
- Market Cap
- ₹11281 cr
- Revenue (TTM)
- ₹1998 cr
- P/S
- 5.6x
- P/B
- 2.6x
- ROE
- 16.0%
- Debt / Equity
- 2.4x
- Promoter Holding
- 7.0%
- 12M Momentum
- -2.9%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Tax rate23%Within range
Median quarterly effective tax rate over about 2.5 years: 23.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Tap a check to see how it is measured
Cash conversion and receivable days are not meaningful for banks and NBFCs, so only the other-income and tax-rate checks are shown.
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, FIIs added 26.9 pts; promoters trimmed 23.2 pts; DIIs added 19.9 pts.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a bank, NBFC or insurer looked like HOME FIRST FINANCE COMPANY IND today on valuation, return on capital, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −34% to +11% vs the market, against −3% for all financial companies in the same months.
- The analogs' median sat below that base rate (gap −16.7%, 80% range −21.1% to −10.5%), but the matches cluster in only 6 distinct 12-month windows.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 1 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 33 months · 2020–2025
The closest matches
| Company | When | P/E | P/B | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| CREDITACC Finance |
Mar 2024 | 27x | 4.4x | +58% | −18% | −36% |
| AADHARHFC Finance |
Jun 2025 | 21x | 3.1x | +11% | −11% | +13% |
| APTUS Finance |
Aug 2025 | 21x | 3.7x | −3% | −19% | −27% |
| IIFL Finance |
Mar 2022 | 15x | 2.0x | +1% | −20% | +80% |
| FUSION Finance |
Jan 2024 | 26x | 4.4x | +60% | −3% | −75% |
Show the other 3 matches
| Company | When | P/E | P/B | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| CHOLAHLDNG Finance |
Sep 2025 | 16x | 2.8x | −8% | −13% | −27% |
| CHOLAFIN Finance |
Mar 2020 | 10x | 1.9x | −47% | −55% | +103% |
| MASFIN Finance |
Oct 2022 | 26x | 3.1x | +2% | −11% | +4% |
How reliable is this?
Matched on P/E, P/B, ROE, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and P/B. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Jan '24
- SepInstitutionsFII + DII holding rose 5.3 pts over 2 quarters to 73.7%.
- SepPriceVolume reached 6.2x its 50-day median on 2026-09-18; price +5.8% that day.
- JunPromoterPromoter holding fell 5.4 pts to 7.0% (largest drop since 2025-03).
- JunPeer rankSlipped to the 2nd quartile of Finance on EPS growth (from the top quartile).
- JunSharesShare count is up 16.7% over 12 months.
- MarPriceFell 39% from the Jul 2025 peak to the Mar 2026 low.
- MarValuationP/B fell below the 10th percentile of its own history to date (3.6x).
- FebPriceVolume reached 39.5x its 50-day median on 2026-02-26; price -5.7% that day.
Show 22 earlier events
- DecInstitutionsFII + DII holding rose 13.0 pts over 2 quarters to 68.8%.
- DecPeer rankMoved into the top quartile of Finance on EPS growth (from the 2nd quartile).
- NovPriceVolume reached 10.6x its 50-day median on 2025-11-06; price -5.0% that day.
- JulPriceVolume reached 8.0x its 50-day median on 2025-07-10; price +0.8% that day.
- JunPriceRegained the 2024-09 peak, 4 months after the low.
- JunPeer rankMoved into the top quartile of Finance on ROE (from the 2nd quartile).
- AprValuationP/B crossed above the 90th percentile of its own history to date (5.1x).
- AprPriceVolume reached 6.8x its 50-day median on 2025-04-09; price +6.1% that day.
- MarPromoterPromoter holding fell 9.1 pts to 14.3% (largest drop in the history since 2019-01).
- MarInstitutionsFII + DII holding rose 19.5 pts over 2 quarters to 56.2%.
- MarPeer rankMoved into the top quartile of Finance on EPS growth (from the 2nd quartile).
- FebPriceFell 34% from the Sep 2024 peak to the Feb 2025 low.
- FebPriceVolume reached 46.3x its 50-day median on 2025-02-28; price +10.1% that day.
- DecPriceVolume reached 21.4x its 50-day median on 2024-12-02; price +2.1% that day.
- SepValuationP/B crossed above the 90th percentile of its own history to date (4.9x).
- SepPriceVolume reached 39.5x its 50-day median on 2024-09-13; price +6.6% that day.
- JunResultsRevenue (TTM) reached a new high of ₹1,157 cr.
- JunPeer rankMoved into the 2nd quartile of Finance on ROE (from the 3rd quartile).
- JunPriceVolume reached 18.7x its 50-day median on 2024-06-13; price +5.8% that day.
- MarPromoterPromoter holding fell 6.6 pts to 23.6%.
- MarInstitutionsFII + DII holding rose 9.6 pts over 1 quarter to 36.5%.
- JanPeer rankSlipped to the 3rd quartile of Finance on ROE (from the 2nd quartile).
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history70 months · 2021-02 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | Debt / Equity |
|---|---|---|---|---|
| 2026-11 | 19.3x | ₹1998 cr | 16.0% | 2.4x |
| 2026-10 | 19.2x | ₹1998 cr | 16.0% | 2.4x |
| 2026-09 | 19.8x | ₹1998 cr | 16.0% | 2.4x |
| 2026-08 | 22.4x | ₹1914 cr | 16.0% | 2.4x |
| 2026-07 | 22.8x | ₹1914 cr | 16.0% | 2.4x |
| 2026-06 | 21.9x | ₹1914 cr | 16.0% | 2.4x |
| 2026-05 | 21.6x | ₹1828 cr | 16.0% | 3.8x |
| 2026-04 | 23.5x | ₹1828 cr | 16.0% | 3.8x |
| 2026-03 | 18.3x | ₹1828 cr | 16.0% | 3.8x |
| 2026-02 | 23.2x | ₹1752 cr | 16.0% | 3.8x |
| 2026-01 | 25.2x | ₹1752 cr | 16.0% | 3.8x |
| 2025-12 | 23.6x | ₹1752 cr | 16.0% | 3.8x |
| 2025-11 | 25.1x | ₹1648 cr | 16.0% | 3.8x |
| 2025-10 | 26.9x | ₹1648 cr | 16.0% | 3.8x |
| 2025-09 | 27.4x | ₹1648 cr | 16.0% | 3.8x |
| 2025-08 | 28.5x | ₹1530 cr | 16.0% | 3.8x |
| 2025-07 | 28.4x | ₹1530 cr | 16.0% | 3.8x |
| 2025-06 | 32.3x | ₹1530 cr | 16.0% | 3.8x |
| 2025-05 | 31.5x | ₹1428 cr | 16.0% | 3.4x |
| 2025-04 | 30.4x | ₹1428 cr | 16.0% | 3.4x |
| 2025-03 | 25.0x | ₹1428 cr | 16.0% | 3.4x |
| 2025-02 | 26.4x | ₹1318 cr | 16.0% | 3.4x |
| 2025-01 | 25.8x | ₹1318 cr | 16.0% | 3.4x |
| 2024-12 | 27.4x | ₹1318 cr | 16.0% | 3.4x |
| 2024-11 | 28.7x | ₹1218 cr | 16.0% | 3.4x |
| 2024-10 | 32.2x | ₹1218 cr | 16.0% | 3.4x |
| 2024-09 | 32.4x | ₹1218 cr | 16.0% | 3.4x |
| 2024-08 | 33.4x | ₹1157 cr | 16.0% | 3.4x |
| 2024-07 | 30.1x | ₹1157 cr | 16.0% | 3.4x |
| 2024-06 | 30.0x | ₹1157 cr | 16.0% | 3.4x |
| 2024-05 | 31.5x | ₹796 cr | 13.0% | 2.6x |
| 2024-04 | 35.2x | ₹796 cr | 13.0% | 2.6x |
| 2024-03 | 34.6x | ₹796 cr | 13.0% | 2.6x |
| 2024-02 | 33.5x | ₹796 cr | 13.0% | 2.6x |
| 2024-01 | 38.0x | ₹796 cr | 13.0% | 2.6x |
| 2023-12 | 35.9x | ₹796 cr | 13.0% | 2.6x |
| 2023-11 | 34.6x | ₹796 cr | 13.0% | 2.6x |
| 2023-10 | 34.8x | ₹796 cr | 13.0% | 2.6x |
| 2023-09 | 31.3x | ₹796 cr | 13.0% | 2.6x |
| 2023-08 | 32.2x | ₹796 cr | 13.0% | 2.6x |
| 2023-07 | 33.5x | ₹796 cr | 13.0% | 2.6x |
| 2023-06 | 30.2x | ₹796 cr | 13.0% | 2.6x |
| 2023-05 | 33.9x | ₹596 cr | 13.0% | 2.2x |
| 2023-04 | 33.5x | ₹596 cr | 13.0% | 2.2x |
| 2023-03 | 35.0x | ₹596 cr | 13.0% | 2.2x |
| 2023-02 | 34.1x | ₹596 cr | 13.0% | 2.2x |
| 2023-01 | 34.8x | ₹596 cr | 13.0% | 2.2x |
| 2022-12 | 34.4x | ₹596 cr | 13.0% | 2.2x |
| 2022-11 | 34.5x | ₹596 cr | 13.0% | 2.2x |
| 2022-10 | 34.2x | ₹596 cr | 13.0% | 2.2x |
| 2022-09 | 41.1x | ₹596 cr | 13.0% | 2.2x |
| 2022-08 | 45.6x | ₹596 cr | 13.0% | 2.2x |
| 2022-07 | 39.0x | ₹596 cr | 13.0% | 2.2x |
| 2022-06 | 35.0x | ₹596 cr | 13.0% | 2.2x |
| 2022-05 | 67.9x | ₹489 cr | 9.0% | 2.2x |
| 2022-04 | 61.3x | ₹489 cr | 9.0% | 2.2x |
| 2022-03 | 67.1x | ₹489 cr | 9.0% | 2.2x |
| 2022-02 | 59.3x | ₹489 cr | 9.0% | 2.2x |
| 2022-01 | 65.6x | ₹489 cr | 9.0% | 2.2x |
| 2021-12 | 67.6x | ₹489 cr | 9.0% | 2.2x |
| 2021-11 | 70.6x | ₹489 cr | 9.0% | 2.2x |
| 2021-10 | 61.5x | ₹489 cr | 9.0% | 2.2x |
| 2021-09 | 51.5x | ₹489 cr | 9.0% | 2.2x |
| 2021-08 | 49.8x | ₹489 cr | 9.0% | 2.2x |
| 2021-07 | 52.4x | ₹489 cr | 9.0% | 2.2x |
| 2021-06 | 47.2x | ₹489 cr | 9.0% | 2.2x |
| 2021-05 | 56.0x | ₹411 cr | 11.0% | 2.7x |
| 2021-04 | 49.0x | ₹411 cr | 11.0% | 2.7x |
| 2021-03 | 44.1x | ₹411 cr | 11.0% | 2.7x |
| 2021-02 | 52.9x | ₹411 cr | 11.0% | 2.7x |