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Motilal Oswal Picks Home First Finance As Preferred Bet In Affordable Housing Finance Segment — Here's Why

Home First currently trades at 2.8 times FY27E book value per share (post money), which is at a slight discount to some of its peers in the AHF segment, says Motilal Oswal.

<div class="paragraphs"><p>Home First currently trades at 2.8x FY27E book value per share (post money), which is at a slight discount to some of its peers in the AHF segment.</p><p> (Photo Source: Mikebirdy/pexels)</p></div>
Home First currently trades at 2.8x FY27E book value per share (post money), which is at a slight discount to some of its peers in the AHF segment.

(Photo Source: Mikebirdy/pexels)

Home First Finance’s robust fundamentals, healthy return ratios (even as RoE might decline in the near term because of lower leverage) and superior execution relative to peers reinforce its position as a high-quality franchise in the affordable housing finance segment. The brokerage believes Home First has potential for scalable growth with strong risk-adjusted returns.
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