HOMEFIRSTNSEQ3 FY22December 31, 2021

Home First Finance Company India Limited

7,665words
2turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
Date: 27-01-2022 To, BSE Limited, Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001. Scrip Code- 543259 To, The National Stock Exchange of India Limit
₹49,940
cutive Summary | Q3FY22 Assets Under Management (AUM) Disbursement Gross Stage 3 / POS (GNPA %) ₹49,940 Mn ₹5,696 Mn 2.6%(1) +26.7% +8.2% +63.3% +10.6% In line with RBI circular dated 12 Nov 2021
₹5,696
ry | Q3FY22 Assets Under Management (AUM) Disbursement Gross Stage 3 / POS (GNPA %) ₹49,940 Mn ₹5,696 Mn 2.6%(1) +26.7% +8.2% +63.3% +10.6% In line with RBI circular dated 12 Nov 2021 1.7% prior
2.6%
Assets Under Management (AUM) Disbursement Gross Stage 3 / POS (GNPA %) ₹49,940 Mn ₹5,696 Mn 2.6%(1) +26.7% +8.2% +63.3% +10.6% In line with RBI circular dated 12 Nov 2021 1.7% prior to such
26.7%
nder Management (AUM) Disbursement Gross Stage 3 / POS (GNPA %) ₹49,940 Mn ₹5,696 Mn 2.6%(1) +26.7% +8.2% +63.3% +10.6% In line with RBI circular dated 12 Nov 2021 1.7% prior to such classificat
8.2%
agement (AUM) Disbursement Gross Stage 3 / POS (GNPA %) ₹49,940 Mn ₹5,696 Mn 2.6%(1) +26.7% +8.2% +63.3% +10.6% In line with RBI circular dated 12 Nov 2021 1.7% prior to such classification +8
63.3%
(AUM) Disbursement Gross Stage 3 / POS (GNPA %) ₹49,940 Mn ₹5,696 Mn 2.6%(1) +26.7% +8.2% +63.3% +10.6% In line with RBI circular dated 12 Nov 2021 1.7% prior to such classification +8.2% Spr
10.6%
Disbursement Gross Stage 3 / POS (GNPA %) ₹49,940 Mn ₹5,696 Mn 2.6%(1) +26.7% +8.2% +63.3% +10.6% In line with RBI circular dated 12 Nov 2021 1.7% prior to such classification +8.2% Spread(2)
1.7%
Mn ₹5,696 Mn 2.6%(1) +26.7% +8.2% +63.3% +10.6% In line with RBI circular dated 12 Nov 2021 1.7% prior to such classification +8.2% Spread(2) 5.6% Cost to Income 33.0% Opex to Assets 2.8%
5.6%
In line with RBI circular dated 12 Nov 2021 1.7% prior to such classification +8.2% Spread(2) 5.6% Cost to Income 33.0% Opex to Assets 2.8% +60 bps 0 bps -1700 bps -220 bps -20 bps 0 bps
33.0%
cular dated 12 Nov 2021 1.7% prior to such classification +8.2% Spread(2) 5.6% Cost to Income 33.0% Opex to Assets 2.8% +60 bps 0 bps -1700 bps -220 bps -20 bps 0 bps PPOP Profit After Tax
2.8%
1.7% prior to such classification +8.2% Spread(2) 5.6% Cost to Income 33.0% Opex to Assets 2.8% +60 bps 0 bps -1700 bps -220 bps -20 bps 0 bps PPOP Profit After Tax (PAT) Return On Asset
Risks & concerns — 3 flagged
Internal Guidelines on Corporate Governance (Link) Experienced Board & Management with diversified expertise across Technology, Financial Inclusion & Risk Management 8 of 9 Directors are non-executive 4 of 9 Independent Directors 2 of 9 Woman Directors Investor Presentation – Q3 FY22 20 Strong Governance Practice Top-tier Corporate Governance • High Independent Directors representation in all Board Committees • Highly experience Board & Management Team on Risk Management committee.
— We have a code of conduct for our connectors
• Company's risk management framework is driven by its Board and its subcommittees including the Audit Committee, the Asset Liability Management Committee and the Risk Management Committee.
— We have a code of conduct for our connectors
• “Risk Management Committee” meetings on matters including Operational, Risk oversight, fraud prevention and control.
— We have a code of conduct for our connectors
Advertisement
Speaking time
Link
1
We have a code of conduct for our connectors
1
Opening remarks
Link
https://homefirstindia.com/policy/complaints-grievances/ complaints. customer to Investor Presentation – Q3 FY22 19 Work Sustainably & Ethically Governance at core Strong Governance Structure Sustainable Finance We promote Financial Inclusion. HomeFirst in association with the “Ministry of Housing and Urban Affairs” conducted virtual conference to raise awareness on Affordable Housing segment (blog link). Over 1,600 participants attended the webinar live. We have customers belonging to EWS and LIG categories which account for more than 75% of our book size. Overall, 90% loans have woman as borrower • Primary applicant in 20% of AUM + • Atleast 1 woman co-borrower in 70% of AUM. Code of Conduct and Business Ethics Company has Code of Conduct for its employees which has operational guidelines.
We have a code of conduct for our connectors
https://homefirstindia.com/policy/code-of-conduct-for- connector/ Continuous training and communication on Whistle Blower and POSH (Prevention of Sexual Harassment). Corporate Governance Separate Chairman & Managing Director position • Core competencies of Independent Directors directly relevant to company’s operations. • Diverse Board, Senior management and employee base. • Stable senior management team. ethical, transparent The Company has also adopted the following policies to ensure and accountable conduct: i. Customer Grievance Policy (Link) ii. Code of Conduct for the Directors and Employees (Link) iii. Fair Practice Code (Link) iv. Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (Link) v. Policy on Prevention of Sexual harassment Policy (Link) vi. Vigil Mechanism and Whistle blower (Link) vii. Know Your Customer (KYC) and Anti Money Laundering Measures Policy (Link) viii. Internal Guidelines on Corporate Governance (Link) Experienc
Advertisement
← All transcriptsHOMEFIRST stock page →