Integrated Filing — IndAS



General information about company
Scrip Code 543712
NSE Symbol AFSL
MSEI Symbol NOTLISTED
ISIN INE00ZE01026
Name of company Abans 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 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-May-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 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 Multi segment
Description of single segment
Start date and time of board meeting 29-May-2025   19:12:00
End date and time of board meeting 29-May-2025   20:00:00
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



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 Consolidated Consolidated
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 10631620000 32806817000
Other income 12071000 24614000
Total income 10643691000 32831431000
2 Expenses
(a) Cost of materials consumed 10010483000 29498667000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -197720000 357859000
(d) Employee benefit expense 157199000 522069000
(e) Finance costs 153030000 584234000
(f) Depreciation, depletion and amortisation expense 3274000 11482000
(f) Other Expenses
1 Other Expenses 186451000 533610000
Total other expenses 186451000 533610000
Total expenses 10312717000 31507921000
3 Total profit before exceptional items and tax 330974000 1323510000
4 Exceptional items 0 0
5 Total profit before tax 330974000 1323510000
6 Tax expense
7 Current tax 77659000 226270000
8 Deferred tax -46643000 12134000
9 Total tax expenses 31016000 238404000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 299958000 1085106000
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 299958000 1085106000
17 Other comprehensive income net of taxes -66379000 96326000
18 Total Comprehensive Income for the period 233579000 1181432000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 283525000 1019116000
Total profit or loss, attributable to non-controlling interests 16423000 65990000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 218882000 1103882000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 14697000 77550000
21 Details of equity share capital
Paid-up equity share capital 101152000 101152000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 10639450000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.96 21.56
Diluted earnings (loss) per share from continuing operations 5.93 21.44
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 5.96 21.56
Diluted earnings (loss) per share from continuing and discontinued operations 5.93 21.44
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) Abans Financial Services Limited n(Formerly known as Abans Holdings Limited) nNotes to the audited consolidated financial results for the quarter and year ended March 31, 2025: n1. The above audited consolidated financial results have been prepared in accordance with regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. n2. The above audited consolidated financial results are prepared to comply in all material respect in accordance with Indian Accounting Standard (Ind AS) notified under Section 133 of the Companies Act, 2013, read with relevant rules issued there under. These audited consolidated financial results were recommended by the Audit Committee and were approved in the Meeting of Board of Directors held on May 29, 2025. The results for the year ended March 31, 2024 were audited by predecessor Statutory Auditor on which they had issued an unmodified opinion. n3. During the quarter and year ended March 31, 2025, the company has allotted 14,500 equity shares and 4,30,223 equity shares respectively (Face value of Rs. 2/- each) pursuant to the exercise of options granted under Employee Stock Option Scheme. n4. The company has fourteen subsidiaries (including step down subsidiaries). n5. The financial results for the quarter ended March 31,2025 are balancing figures between the audited figures as per the financial statements for year ended March 31,2025 and the reviewed published results for the nine months ended December 31,2024 and similarly the results for quarter ended March 31,2024 are balancing figures between the figures as per the audited financial statements for year ended March 31,2024 and the published figures for nine months ended December 31,2023. n6. The Group’s operating segments are established on the basis of those components of the Group that are evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. nThese have been identified taking into account nature of activity, the differing risks and returns and the internal nbusiness reporting systems. n7. The Group has the following principal operating and reporting segments; viz. Fee based investment services, nPrincipal investment & Treasury and Lending & Credit solutions. The accounting policies adopted for segment nreporting are in line with the accounting policy of the Company and the Statement on Segment Reporting is as per Ind AS – 108- Operating Segments. n8. The information contained in this statement shall also be available on Company’s Website www.abansfinserv.com and also on the website of the Stock Exchanges viz. BSE Limited -www.bseindia.com. and National Stock Exchange of India Limited - www.nseindia.com. n9. Figures are regrouped, rearranged and reclassified wherever necessary. Figures are rounded off to the nearest INR value in Lakhs.



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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 149827000
Capital work-in-progress
Investment property
Goodwill 56708000
Other intangible assets 11327000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 188164000
Trade receivables, non-current
Loans, non-current 808000
Other non-current financial assets 157772000
Total non-current financial assets 346744000
Deferred tax assets (net)
Other non-current assets 692000
Total non-current assets 565298000
2 Current assets
Inventories 200508000
Current financial asset
Current investments 9553511000
Trade receivables, current 3314702000
Cash and cash equivalents 1098869000
Bank balance other than cash and cash equivalents 2086573000
Loans, current 2658568000
Other current financial assets 11023581000
Total current financial assets 29735804000
Current tax assets (net) 39006000
Other current assets 57672000
Total current assets 30032990000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 30598288000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 101152000
Other equity 10639450000
Total equity attributable to owners of parent 10740602000
Non controlling interest 905342000
Total equity 11645944000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 318997000
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 3497000
Total non-current financial liabilities 322494000
Provisions, non-current 24251000
Deferred tax liabilities (net) 53605000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 400350000
Current liabilities
Current financial liabilities
Borrowings, current 8021915000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 470899000
Total Trade payable 470899000
Other current financial liabilities 9856273000
Total current financial liabilities 18349087000
Other current liabilities 55222000
Provisions, current 41086000
Current tax liabilities (Net) 106599000
Deferred government grants, Current
Total current liabilities 18551994000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 18952344000
Total equity and liabilites 30598288000
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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Fee based investment services 503473000 1654753000
2 Principal investment & Treasury 10062526000 30787343000
3 Lending & Credit solutions 75138000 382270000
4 Others / un allocable 2554000 7065000
Total Segment Revenue 10643691000 32831431000
Less: Inter segment revenue 0 0
Revenue from operations 10643691000 32831431000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Fee based investment services 299157000 1025244000
2 Principal investment & Treasury 33761000 197900000
3 Lending & Credit solutions 40225000 243332000
4 Others / un allocable 1275000 2160000
Total Profit before tax 374418000 1468636000
i. Finance cost 43444000 43444000
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax 330974000 1323510000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Fee based investment services 0 0
2 Principal investment & Treasury 0 0
3 Lending & Credit solutions 0 0
4 Others / un allocable 0 0
Total Segment Asset 0 0
Un-allocable Assets 0 0
Net Segment Asset 0 0
4 Segment Liabilities
Segment Liabilities
1 Fee based investment services 0 0
2 Principal investment & Treasury 0 0
3 Lending & Credit solutions 0 0
4 Others / un allocable 0 0
Total Segment Liabilities 0 0
Un-allocable Liabilities 0 0
Net Segment Liabilities 0 0
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) Note:- Due to the dynamic nature of the business and the multiple operating segments the business has, nthe assets and liabilities are used interchangebly among all segments. Forced allocation of these asssets and nliabilities is not practicable and will not result in any meaningful allocation and seggregation. Hence, the nassets and liabilities have not been identified with regards to segment reporting.



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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain/(loss) on defined benefit plan 528000 528000
2 Gain/(loss) on fair valuation of quoted investments in equitynshares -25059000 -25059000
Total Amount of items that will not be reclassified to profit and loss -24531000 -24531000
2 Income tax relating to items that will not be reclassified to profit or loss -3458000 -3458000
3 Amount of items that will be reclassified to profit and loss
1 Exchange rate differences on translation of financial statementsnof foreign operations -5823000 156882000
Total Amount of items that will be reclassified to profit and loss -5823000 156882000
4 Income tax relating to items that will be reclassified to profit or loss 39483000 39483000
5 Total Other comprehensive income -66379000 96326000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
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
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1323510000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories 357859000
Adjustments for decrease (increase) in trade receivables, current -10514331000
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 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 8873921000
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 11482000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 264000
Adjustments for interest income -274970000
Adjustments for share-based payments 101127000
Adjustments for fair value losses (gains) -1413608000
Adjustments for undistributed profits of associates 0
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 3364000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -2305480000
Net cash flows from (used in) operations -981970000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 205644000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -1187614000
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 23357000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
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 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 264000
Interest received 463169000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1663754000
Net cash flows from (used in) investing activities 2103830000
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 99660000
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 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 916983000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 677916000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -557270000
Net cash flows from (used in) financing activities -2052509000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -1136293000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 12979000
Net increase (decrease) in cash and cash equivalents -1123314000
Cash and cash equivalents cash flow statement at beginning of period 2222183000
Cash and cash equivalents cash flow statement at end of period 1098869000





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 No
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 CNK & Associates LLP, Chartered Accountants Yes 31-Jul-2027