INTEGRATED FILING — BANKING



General information about company

Scrip code 543279
NSE Symbol SURYODAY
MSEI Symbol NA
ISIN INE428Q01011
Name of bank Suryoday Small Finance 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 08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Unaudited
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 08-May-2025   15:30:00
End date and time of board meeting 08-May-2025   18:35:00
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
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. No
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-05-09
Indicate Company website link for updated RPT policy of the Company https://www.suryodaybank.com/assets/pdf/policies/Suryoday_Related%20Party%20Transaction%20Policy_FY%2024-25_1.0.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes


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 Unaudited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 4163600000 17308300000
Income on investments 482700000 1986200000
Interest on balances with reserve bank of India and other inter bank funds 59500000 243000000
Others 0 0
Total interest earned 4705800000 19537500000
2 Other income 601000000 2172500000
3 Total income 5306800000 21710000000
Expenses
4 Interest expenses 2259200000 8476100000
5 Operating expenses
(i) Employees cost 1157700000 4442300000
(ii) Details of other operating expenses
Description of other operating expenses
1 Rent, taxes and lighting 173700000 599200000
2 Printing and stationery 7600000 53600000
3 Advertisement and publicity 24700000 59600000
4 Depreciation on Bank's property 140700000 555900000
5 Director's fees/remuneration, allowances and expenses 4800000 16900000
6 Auditors' fees and expenses -100000 9000000
7 Law charges 20300000 51900000
8 Postage, Telegrams, Telephones, etc. 20100000 93300000
9 Repairs and maintenance 235400000 839200000
10 Other expenditure (includes professional fees & insurance) 796300000 2621000000
Total other operating Expenses 1423500000 4899600000
Total Operating Expenses 2581200000 9341900000
6 Total expenditure excluding provisions and contingencies 4840400000 17818000000
7 Operating profit before provision and contingencies 466400000 3892000000
8 Provisions other than tax and contingencies 934200000 2453700000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax -467800000 1438300000
11 Provision for Tax -130000000 288600000
12 Net profit (loss) from ordinary activities after tax -337800000 1149700000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period -337800000 1149700000
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates -337800000 1149700000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 1062800000 1062800000
Face value of equity share capital 10 10
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 18208100000
20 Analytical ratios
(i) Percentage of share held by government of India 0 0
(ii) Capital adequacy ratio
CET 1 ratio 24.45 24.45
Additional Tier 1 ratio 0 0
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items -3.18 10.82
Diluted earnings per share before extraordinary items -3.18 10.75
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items -3.18 10.82
Diluted earnings per share after extraordinary items -3.18 10.75
(iv) NPA Ratios
Amount of gross non-performing assets 7338400000 7338400000
Amount of net non-performing assets 4570200000 4570200000
% of gross NPAs 7.16 7.16
% of net NPAs 4.58 4.58
Return on assets -0.23 0.84
21 Disclosure of notes on financial results by banks Textual Information(1)


Text Block

Textual Information(1) For detailed notes on financial results, please refer outcome of Board Meeting for Approval of the Financial Results of the Bank for the Quarter and Financial Year ended March 31, 2025, which is available on the stock exchange websites i.e. BSE: https://www.bseindia.com, NSE: https://www.nseindia.com, and on website of the Bank: https://www.suryodaybank.com


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 Unaudited
Nature of report standalone or consolidated Standalone
1 Capital and liabilities
Capital 1062800000
Reserves and surplus 18208100000
Deposits 105796100000
Borrowings 27102900000
Other liabilities and provisions 3974000000
Total Capital Liabilities 156143900000
2 ASSETS
Cash and Balances with Reserve Bank of India 14661400000
Balances with Banks and money at call and short notice 2432400000
Investments 31374800000
Advances 99743500000
Fixed Assets 2901400000
Other Assets 5030400000
Total Assets 156143900000
Disclosure of notes on assets and liabilities Textual Information(1)


Text Block
Textual Information(1) For detailed notes on financial results, please refer outcome of Board Meeting for Approval of the Financial Results of the Bank for the Quarter and Financial Year ended March 31, 2025, which is available on the stock exchange websites i.e. BSE: https://www.bseindia.com, NSE: https://www.nseindia.com, and on website of the Bank: https://www.suryodaybank.com


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 Unaudited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury 648900000 2386100000
2 Retail Banking 4890100000 20391100000
3 Corporate 339100000 1234100000
4 Other Banking Operations 87300000 344200000
5 Unallocated 0 0
Total Segment Revenue 5965400000 24355500000
Less: Inter segment revenue 658600000 2645500000
Income from operations 5306800000 21710000000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury 45900000 196200000
2 Retail Banking -188000000 2077200000
3 Corporate -278300000 -714700000
4 Other Banking Operations 0 0
5 Unallocated -47400000 -120400000
Total Profit before tax -467800000 1438300000
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax -467800000 1438300000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury 48453700000 48453700000
2 Retail Banking 90032600000 90032600000
3 Corporate 16744100000 16744100000
4 Other Banking Operations 97100000 97100000
5 Unallocated 816400000 816400000
Total Segment Assets 156143900000 156143900000
Un-allocable Assets 0 0
Net Segment Assets 156143900000 156143900000
4 Segment Liabilities
Segment Liabilities
1 Treasury 27279400000 27279400000
2 Retail Banking 76128600000 76128600000
3 Corporate 33415400000 33415400000
4 Other Banking Operations 49000000 49000000
5 Unallocated 500000 500000
Total Segment Liabilities 136872900000 136872900000
Un-allocable Liabilities 0 0
Net Segment Liabilities 136872900000 136872900000
Disclosure of notes on segments For detailed notes on financial results, please refer outcome of Board Meeting for Approval of the Financial Results of the Bank for the Quarter and Financial Year ended March 31, 2025, which is available on the stock exchange websites i.e. BSE: https://www.bseindia.com, NSE: https://www.nseindia.com, and on website of the Bank: https://www.suryodaybank.com




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 Unaudited
D Nature of report standalone or consolidated Standalone
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 555900000
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 44500000
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 1927100000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 2527500000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables 0
Adjustments for decrease (increase) in other current assets -18568500000
Adjustments for increase (decrease) in trade payables 0
Adjustments for increase (decrease) in other current liabilities 28393100000
Adjustments for provisions 0
Total adjustments for working capital 9824600000
Total adjustments for reconcile profit (loss) 12352100000
Net cash flows from (used in) operations 13790400000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 590600000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 13199800000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 13199800000
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 0
Other cash payments to acquire equity or debt instruments of other entities 0
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 500000
Purchase of tangible assets 1769300000
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 -8821100000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -10589900000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -10589900000
5 Cash flows from used in financing activities
Proceeds from issuing shares 10100000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 2673100000
Repayments of borrowings 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 2683200000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 2683200000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 5293100000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 5293100000
Cash and cash equivalents cash flow statement at beginning of period 11736400000
Cash and cash equivalents cash flow statement at end of period 17029500000


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 Mukund M Chitale & 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


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Suryoday Small Finance Bank Limited Mr. Baskar Babu Ramachandran Managing Director Remuneration NA 9481000 0 0
Total value of transaction during the reporting period 9481000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 22290200000
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 27102900000