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Home First Finance Co India (NSE:HOMEFIRST) Gross-Profit-to-Asset % : 4.33% (As of Mar. 2024)


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What is Home First Finance Co India Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Home First Finance Co India's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹4,127 Mil. Home First Finance Co India's average Total Assets over the quarter that ended in Mar. 2024 was ₹95,340 Mil. Therefore, Home First Finance Co India's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.33%.


Home First Finance Co India Gross-Profit-to-Asset % Historical Data

The historical data trend for Home First Finance Co India's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Home First Finance Co India Gross-Profit-to-Asset % Chart

Home First Finance Co India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 3.47 3.33 4.01 5.42 4.79

Home First Finance Co India Quarterly Data
Mar18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.79 5.22 5.28 4.86 4.33

Competitive Comparison of Home First Finance Co India's Gross-Profit-to-Asset %

For the Mortgage Finance subindustry, Home First Finance Co India's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Home First Finance Co India's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Home First Finance Co India's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Home First Finance Co India's Gross-Profit-to-Asset % falls into.



Home First Finance Co India Gross-Profit-to-Asset % Calculation

Home First Finance Co India's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=3894.17/( (67370.25+95339.56)/ 2 )
=3894.17/81354.905
=4.79 %

Home First Finance Co India's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=4126.52/( (0+95339.56)/ 1 )
=4126.52/95339.56
=4.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Home First Finance Co India Gross-Profit-to-Asset % Related Terms

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Home First Finance Co India (NSE:HOMEFIRST) Business Description

Traded in Other Exchanges
Address
511, Acme Plaza, Andheri Kurla Road, Opposite Sangam Cinema, J B Nagar, Andheri (East), Mumbai, MH, IND, 400 059
Home First Finance Co India Ltd is an affordable housing finance company. The company is primarily engaged in the business of lending housing loans, loans to purchase commercial property, loans against property, and construction finance.

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