Integrated Filing — IndAS

General information about company
Scrip Code	532922
NSE Symbol	EDELWEISS
MSEI Symbol	NOTLISTED
ISIN	INE532F01054
Name of company	Edelweiss Financial Services Limited
Type of company	Main Board
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	14-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	09-May-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 for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Merchant Banking - Holding Company
Start date and time of board meeting	14-May-2025   11:00:00
End date and time of board meeting	14-May-2025   14:00:00
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	NA
(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.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	Yes
(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?	Yes
(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	2022-05-27
Indicate Company website link for updated RPT policy of the Company	www.edelweissfin.com
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?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not applicable for the quarter ended March 2025

Financial Results Ind-AS
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	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1103500000	3383700000
	Other income	10800000	450400000
	Total income	1114300000	3834100000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	25200000	342000000
(e)	Finance costs	841200000	3441300000
(f)	Depreciation, depletion and amortisation expense	700000	2300000
(f)	Other Expenses
1	Other expenses	155400000	584100000
	Total other expenses	155400000	584100000
	Total expenses	1021300000	4376700000
3	Total profit before exceptional items and tax	93000000	-542600000
4	Exceptional items	0	0
5	Total profit before tax	93000000	-542600000
6	Tax expense
7	Current tax	56900000	57100000
8	Deferred tax	52600000	-80600000
9	Total tax expenses	109500000	-23500000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement
11	Net Profit Loss for the period from continuing operations	-16500000	-519100000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	-16500000	-519100000
17	Other comprehensive income net of taxes	-11900000	-11900000
18	Total Comprehensive Income for the period	-28400000	-531000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	921400000	921400000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		54249500000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.02	-0.57
	Diluted earnings (loss) per share from continuing operations	-0.02	-0.56
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	-0.02	-0.57
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.02	-0.56
24	Debt equity ratio	0	0.0056
25	Debt service coverage ratio	0	0.0186
26	Interest service coverage ratio	0	0.0084
27	Disclosure of notes on financial results		1. The standalone financial results of Edelweiss Financial Services Limited ('EFSL' or 'the Company') for the quarter and year ended 31 March 2025 (the “Standalone Financial Results”) have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 14 May 2025 and these Standalone Financial Results have been subjected to audit by the Statutory Auditors of the Company and the auditors have issued an unmodified audit report. n2. During the quarter ended 31 March 2025, the Company has issued 8,17,149 equity shares of face value of Rs 1 each to the eligible employees on exercise of employee stock options. Further as on March 24, 2025, the Company’s Compensation (ESOP) Committee of the Board of Directors has granted 3,45,00,000 stock options (SARs) to the eligible employees under Edelweiss Employees Stock Appreciation Rights Plan, 2019. n3. The Company is engaged primarily in the business of merchant banking and holding company activities such as capital allocation and managerial oversight to the businesses of subsidiaries and investment activities and accordingly there are no separate reportable segments as per Ind AS 108 dealing with Operating Segments. n4. Two Employee Welfare Trust(s) hold an aggregate 2,44,30,780 equity shares of the Company for incentive and welfare benefits for group employees as per extant applicable SEBI regulations. Pursuant to the exercise of rights available under Regulation 29 of SEBI (Share Based Employee Benefits) Regulations, 2014, the Company has applied, before the expiry date of 27 October 2019, for extension of the time limit for disposing of aforesaid equity shares. The said application is under consideration and approval for extension from SEBI is awaited as at date. n5. The Board of Directors at their meeting held on 14 May 2025, have recommended a final dividend of Rs 1.50 per equity share (on face value of Rs 1 per equity share), subject to the approval of the members at the ensuing Annual General Meeting. n6. The figures for quarter March 31, 2025 and 2024 are the balancing figures between audited figures for the year-end and nine-month period. The comparative figures for previous periods are regrouped/reclassified to conform to current year figures. n n* Net figures have been reported on account of volume of transactions. n** Above Cash Flow Statement has been prepared under the indirect method as set out in Ind AS 7 prescribed under the companies Act (Indian Accounting Standard) Rules, 2015 under the Companies Act,2013. n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

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		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	6100000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	179500000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments
	Trade receivables, non-current
	Loans, non-current
	Other non-current financial assets
	Total non-current financial assets
	Deferred tax assets (net)	3887600000
	Other non-current assets
	Total non-current assets
2	Current assets
	Inventories	0
	Current financial asset
	Current investments
	Trade receivables, current
	Cash and cash equivalents	35400000
	Bank balance other than cash and cash equivalents	10700000
	Loans, current
	Other current financial assets
	Total current financial assets
	Current tax assets (net)
	Other current assets
	Total current assets
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	87459500000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	921400000
	Other equity	54249500000
	Total equity attributable to owners of parent	55170900000
	Non controlling interest
	Total equity	55170900000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities
	Total non-current financial liabilities
	Provisions, non-current
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities
	Current liabilities
	Current financial liabilities
	Borrowings, current
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other current financial liabilities
	Total current financial liabilities
	Other current liabilities
	Provisions, current
	Current tax liabilities (Net)	29200000
	Deferred government grants, Current
	Total current liabilities
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	32288600000
	Total equity and liabilites	87459500000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month 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 accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
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	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of the defined benefit plans	-15900000	-15900000
	Total Amount of items that will not be reclassified to profit and loss	-15900000	-15900000
2	Income tax relating to items that will not be reclassified to profit or loss	-4000000	-4000000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-11900000	-11900000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-542600000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			3441300000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-219200000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-107000000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-2913700000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			2300000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			7000000
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			-262700000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			413100000
	Adjustments for interest income			4140400000
	Adjustments for share-based payments			26700000
	Adjustments for fair value losses (gains)			180200000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-424000000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-4822600000
	Net cash flows from (used in) operations			-5365200000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-180400000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-5184800000
	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 property, plant and equipment			0
	Purchase of property, plant and equipment			1400000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			179500000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			5484700000
	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			413100000
	Interest received			4140400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-3819500000
	Net cash flows from (used in) investing activities	6037800000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			50900000
	Proceeds from issuing debentures notes bonds etc			10489400000
	Proceeds from borrowings			0
	Repayments of borrowings			9709900000
	Payments of lease liabilities			0
	Dividends paid			1375400000
	Interest paid			3173500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			2439900000
	Net cash flows from (used in) financing activities			-1278600000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-425600000
	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			-425600000
	Cash and cash equivalents cash flow statement at beginning of period			461000000
	Cash and cash equivalents cash flow statement at end of period			35400000

Signatory Details
Name of signatory	Tarun Khurana
Designation of person	Company Secretary and Compliance Officer
Place	Mumbai
Date	14-May-2025