INTEGRATED FILING — BANKING



General information about company

Scrip code 500469
NSE Symbol FEDERALBNK
MSEI Symbol NOTLISTED
ISIN INE171A01029
Name of bank The Federal Bank Limited
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-Apr-2025   15:58:00
End date and time of board meeting 30-Apr-2025   16:29:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion


Financial Results - Banking
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Interest earned
Interest or discount on advances or bills 57399800000 227448100000
Income on investments 11498200000 45379900000
Interest on balances with reserve bank of India and other inter bank funds 1198500000 4430100000
Others 983000000 3802700000
Total interest earned 71079500000 281060800000
2 Other income 10473400000 39241700000
3 Total income 81552900000 320302500000
Expenses
4 Interest expenses 44564700000 176312700000
5 Operating expenses
(i) Employees cost 9071900000 35452100000
(ii) Details of other operating expenses
Description of other operating expenses
1 Other operating expenses 11952200000 43467400000
Total other operating Expenses 11952200000 43467400000
Total Operating Expenses 21024100000 78919500000
6 Total expenditure excluding provisions and contingencies 65588800000 255232200000
7 Operating profit before provision and contingencies 15964100000 65070300000
8 Provisions other than tax and contingencies 1628200000 9192000000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax 14335900000 55878300000
11 Provision for Tax 3252800000 13863400000
12 Net profit (loss) from ordinary activities after tax 11083100000 42014900000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period 11083100000 42014900000
15 Share of profit (loss) of associates 121700000 325300000
16 Profit (loss) of minority interest 295400000 751700000
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 10909400000 41588500000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 4911700000 4911700000
Face value of equity share capital 2 2
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 340421500000
20 Analytical ratios
(i) Percentage of share held by government of India 0 0
(ii) Capital adequacy ratio
CET 1 ratio 15.04 15.04
Additional Tier 1 ratio 0 0
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 4.44 16.98
Diluted earnings per share before extraordinary items 4.4 16.8
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 4.44 16.98
Diluted earnings per share after extraordinary items 4.4 16.8
(iv) NPA Ratios
Amount of gross non-performing assets 43755400000 43755400000
Amount of net non-performing assets 10403800000 10403800000
% of gross NPAs 1.84 1.84
% of net NPAs 0.44 0.44
Return on assets 0.31 1.23
21 Disclosure of notes on financial results by banks Textual Information(1)


Text Block

Textual Information(1) 1. The above Consolidated Audited Financial Results for the quarter and year ended March 31, 2025 were approved by the Board of Directors at its meeting held on April 30, 2025. These financial results have been subjected to audit by the Joint Statutory Auditors of the Bank and an unmodified audit opinion has been issued. 2. The above financial results of the group have been prepared in accordance with the provisions of the Banking Regulation Act, 1949, Generally Accepted Accounting Principles in India, including Accounting Standards as specified under Section 133 of the Companies Act, 2013, Regulation 33 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, as amended and the guidelines issued by the RBI. 3. The Consolidated Financial Results of the Group comprise the financial results of The Federal Bank Limited and its subsidiaries viz. Fedbank Financial Services Limited & Federal Operations and Services Limited and its associate Ageas Federal Life Insurance Company Limited. During the quarter ended December 31, 2024, the Bank sold 6,150,000 equity shares of Equirus Capital Private Limited (ECPL), an associate entity of the Bank. Following the sale, the shareholders' agreement between the Bank, ECPL, and the promoter of ECPL was terminated and ECPL ceased to be an associate entity of the Bank with effect from November 15, 2024. 4. There has been no material change in the accounting policies applied in the preparation of these financial results with those followed in the annual financial statements for the year ended March 31, 2024 except as stated in Note 8 below. 5. Other income includes fees earned from providing services to customers, commission from non-fund-based banking activities, earnings from foreign exchange and derivative transactions, selling of third-party products, profit / loss on sale of investments, profit / loss on revaluation of investments, recoveries from advances written off, etc. 6. As per extant RBI guidelines, banks are required to make Pillar 3 disclosures including leverage ratio , liquidity coverage ratio and Net Stable Funding Ratio (NSFR) under the Basel III Capital Regulations. Accordingly, such applicable disclosures have been placed on the website of the Bank which can be accessed at the following link: https://www.federalbank.co.in/regulatory-disclosures. These disclosures have not been subjected to audit or review by the Joint Statutory Auditors of the Bank. 7. The Board of Directors of the Bank have recommended a dividend of 60% i.e. Rs. 1.20/- per equity share on face value of Rs. 2.00/- each for the year 2024-25 (Previous Year Rs. 1.20/- per equity share) subject to the approval of the members at the ensuing Annual General Meeting. In terms of Accounting Standard (AS) 4 Contingencies and Events Occurring after the Balance Sheet Date , the Bank has not appropriated proposed dividend aggregating to Rs. 29,469.95 Lakhs from the profit and loss account for the year ended March 31, 2025. 8. During the quarter ended June 30, 2024, the Group implemented the RBI Master Direction - Classification, Valuation, and Operation of Investment Portfolio of Commercial Banks (Directions), 2023, dated September 12, 2023. This directive is applicable to banks from April 01, 2024. Consequent to the transition provisions, the group's reserves increased by Rs. 34,171.80 lakhs (net of taxes) as on April 01, 2024, on account of revision in the carrying value of investments to the fair value as on such date. The impact of the revised framework for the period subsequent to transition is not ascertainable, making the income and / profit or loss from investments for the quarter and year ended March 31, 2025, incomparable with the previous year/periods. 9. The figures of the last quarter of the respective financial years are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter of the respective financial year, which were subjected to limited review. 10. Previous period's figures have been regrouped / reclassified, wherever necessary to conform to current period's classification.


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
1 Capital and liabilities
Capital 4911700000
Reserves and surplus 349619400000
Deposits 2834836200000
Borrowings 325958300000
Other liabilities and provisions 86193500000
Total Capital Liabilities 3601519100000
2 ASSETS
Cash and Balances with Reserve Bank of India 203609800000
Balances with Banks and money at call and short notice 112361500000
Investments 660576800000
Advances 2449953600000
Fixed Assets 15275500000
Other Assets 159741900000
Total Assets 3601519100000
Disclosure of notes on assets and liabilities


Text Block
Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury 11261300000 45361100000
2 Corporate/Wholesale Banking 21091000000 83575700000
3 Retail Banking - Digital Banking 4876000000 18572700000
4 Retail Banking - Other Retail Banking 43236800000 169303700000
5 Other Banking operations 1050900000 3416300000
Total Segment Revenue 81516000000 320229500000
Less: Inter segment revenue 0 0
Income from operations 81516000000 320229500000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury 1716500000 8291300000
2 Corporate/Wholesale Banking 6302100000 18679600000
3 Retail Banking - Digital Banking -356800000 -1111400000
4 Retail Banking - Other Retail Banking 6122000000 27793100000
5 Other Banking operations 515100000 2152700000
Total Profit before tax 14298900000 55805300000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income -37000000 -73000000
Profit before tax 14335900000 55878300000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury 794727100000 794727100000
2 Corporate/Wholesale Banking 1240539800000 1240539800000
3 Retail Banking - Digital Banking 71923300000 71923300000
4 Retail Banking - Other Retail Banking 1426999700000 1426999700000
5 Other Banking operations 18500000 18500000
Total Segment Assets 3534208400000 3534208400000
Un-allocable Assets 67310700000 67310700000
Net Segment Assets 3601519100000 3601519100000
4 Segment Liabilities
Segment Liabilities
1 Treasury 362849100000 362849100000
2 Corporate/Wholesale Banking 446199200000 446199200000
3 Retail Banking - Digital Banking 193512100000 193512100000
4 Retail Banking - Other Retail Banking 2200435100000 2200435100000
5 Other Banking operations 17000000 17000000
Total Segment Liabilities 3203012500000 3203012500000
Un-allocable Liabilities 43975500000 43975500000
Net Segment Liabilities 3203012500000 3203012500000
Disclosure of notes on segments For the above segment reporting, the reportable segments are identified as Treasury, Corporate/Wholesale Banking, Retail Banking (with Digital Banking and Other Retail Banking as sub-segments) and Other Banking Operations in compliance with the Reserve Bank of India (RBI) guidelines. The business operations of the Bank are substantially concentrated in India and for the purpose of Segment Reporting as per Accounting Standard-17, the bank is considered to operate only in domestic segment.




Cash Flow Statement, Indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0
Adjustments for depreciation and amortisation expense 1943000000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 84800000
Other adjustments for which cash effects are investing or financing cash flow -388600000
Other adjustments to reconcile profit (loss) -426400000
Other adjustments for non-cash items -1523100000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) -310300000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables -278118700000
Adjustments for decrease (increase) in other current assets 12123500000
Adjustments for increase (decrease) in trade payables 310286100000
Adjustments for increase (decrease) in other current liabilities -7781400000
Adjustments for provisions 9342000000
Total adjustments for working capital 45851500000
Total adjustments for reconcile profit (loss) 45541200000
Net cash flows from (used in) operations 101419500000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 13410300000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 88009200000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 88009200000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 775500000
Other cash payments to acquire equity or debt instruments of other entities 31210600000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of tangible assets 38600000
Purchase of tangible assets 7546500000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -37943000000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -37943000000
5 Cash flows from used in financing activities
Proceeds from issuing shares 1684100000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 77362100000
Repayments of borrowings 3000000000
Dividends paid 2940000000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 903500000
Net cash flows from (used in) financing activities before extraordinary items 74009700000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 74009700000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 124075900000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents -42800000
Net increase (decrease) in cash and cash equivalents 124033100000
Cash and cash equivalents cash flow statement at beginning of period 191938200000
Cash and cash equivalents cash flow statement at end of period 315971300000


Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M S K A & Associates Yes 31-Jul-2027
2 Suri & Co Yes 30-Apr-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth

Any other financial item(s) (as felt appropriate by the management)



Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date