Home First Finance (Housing Finance)

Motilal Oswal identified Home First as a top pick with an 18% upside to ₹1,500 Its strong presence in emerging states, digital sourcing (50%+), and favorable repo cut support NIM expansion. With a PAT CAGR projected at 30%+ over FY25–27, this breakout candidate offers structural credit growth in affordable housing—an attractive long-term thematic bet.