Synopsis:- Shares fell nearly 6% after a block deal involving 56.2 lakh shares, or 5.4% equity, worth ₹662.6 crore. Reports suggest up to 6.8% stake sale at ₹1,185 per share. Despite promoter stake dilution concerns, operating profit rose from ₹132 crore to ₹186 crore year-on-year.
The shares of the Indian housing finance company plummeted up to 6 percent in today’s trading session after the company witnessed a block deal involving 56.2 lakh shares, representing 5.4% of its equity, with the transaction valued at Rs 662.6 crore.
With a market capitalisation of Rs 12,332.30 crore, the shares of Home First Finance Company India Ltd were trading at Rs 1,183.00 per share, decreasing around 5.06 percent as compared to the previous closing price of Rs 1,246.00 apiece.
Block Deal
The shares of Home First Finance have seen bearish movement after a large block deal saw 56.2 lakh shares, representing 5.4% equity, change hands for Rs 662.6 crore. Although the buyers and sellers remain undisclosed, earlier reports suggested up to 6.8% stake could be sold at a floor price of Rs 1,185 per share, creating near-term supply pressure.
Meanwhile, sources indicate that True North Fund V LLP and Aether (Mauritius) Ltd are likely sellers. As of the December quarter, they held 7.45% and 4.9% stakes respectively and are classified as promoters. Therefore, any stake dilution by them may signal partial profit booking rather than operational concerns.
Financial highlights
The company delivered a strong financial performance in Q3FY26, with revenue rising 19% year-on-year to Rs 482 crore from Rs 406 crore. More impressively, net profit surged 44% to Rs 140 crore, reflecting improved margins and operational efficiency. The sharp earnings growth indicates healthy demand and better cost management during the quarter.
Between December 2024 and December 2025, operating performance showed steady improvement. Operating profit (financing profit) rose from ₹132 crore in Dec 2024 to ₹186 crore in Dec 2025, reflecting healthy growth. Meanwhile, operating margin improved from 33% to 39%, indicating better cost control and stronger efficiency, supporting sustained profitability momentum over the year.
Home First Finance Company India Ltd is a retail-focused housing finance company catering primarily to first-time homebuyers in low- and middle-income segments. With a strong presence across urban and semi-urban markets, the company emphasizes technology-driven underwriting, prudent risk management, and customer-centric services to drive sustainable loan growth and profitability.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post NBFC Stock Falls 6% After 56.2 Lakh Shares Worth ₹663 Cr Exchange Hands via Block Deal appeared first on Trade Brains.