General information about company |
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|---|---|
| Scrip code | 544027 |
| NSE Symbol | FEDFINA |
| MSEI Symbol | NOTLISTED |
| ISIN | INE007N01010 |
| Name of company | FEDBANK FINANCIAL SERVICES LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-Apr-2025 |
| Date of end of financial year | 31-Mar-2026 |
| Date of board meeting when results were approved | 28-Jul-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 22-Jul-2025 |
| Description of presentation currency | INR (in Actuals) |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | Lending Business |
| Start date and time of board meeting | 28-Jul-2025 14:50:00 |
| End date and time of board meeting | 28-Jul-2025 16:40:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether the company has any related party? | |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | |
| (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 | |
| (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. | |
| (III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? | |
| (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? | |
| Latest Date on which RPT policy is updated | |
| Indicate Company website link for updated RPT policy of the Company | |
| 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? | No |
| NA | |
Financial Results — NBFC |
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|---|---|---|---|
| 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-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| 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 | |||
| (i) | Interest Income | 4861300000 | 4861300000 |
| (ii) | Dividend Income | 0 | 0 |
| (iii) | Rental Income | 0 | 0 |
| (iv) | Fees and commission Income | 251600000 | 251600000 |
| (v) | Net gain on fair value changes | 53100000 | 53100000 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 31100000 | 31100000 |
| (vii) | Sale of products (including Excise Duty) | 0 | 0 |
| (viii) | Sale of services | 0 | 0 |
| (ix) | Other revenue from operations | ||
| Total other revenue from operations | |||
| Total Revenue From Operations | 5197100000 | 5197100000 | |
| Other income | 6500000 | 6500000 | |
| Total income | 5203600000 | 5203600000 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0 | 0 | |
| Purchases of stock-in-trade | 0 | 0 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0 | 0 | |
| Employee benefit expense | 924900000 | 924900000 | |
| Finance costs | 2179700000 | 2179700000 | |
| Depreciation, depletion and amortisation expense | 123700000 | 123700000 | |
| Fees and commission expense | 300000 | 300000 | |
| Net loss on fair value changes | 0 | 0 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0 | 0 | |
| Impairment on financial instruments | 278300000 | 278300000 | |
| (f) | Other expenses | ||
| 1 | Other Expenses | 693200000 | |
| Total other expenses | 693200000 | 693200000 | |
| Total expenses | 4200100000 | 4200100000 | |
| 3 | Total profit before exceptional items and tax | 1003500000 | 1003500000 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Total profit before tax | 1003500000 | 1003500000 |
| 7 | Tax expense | ||
| 8 | Current tax | 276800000 | 276800000 |
| 9 | Deferred tax | -23400000 | -23400000 |
| 10 | Total tax expenses | 253400000 | 253400000 |
| 11 | Net Profit Loss for the period from continuing operations | 750100000 | 750100000 |
| 12 | Profit (loss) from discontinued operations before tax | 0 | 0 |
| 13 | Tax expense of discontinued operations | 0 | 0 |
| 17 | Net profit (loss) from discontinued operation after tax | 0 | 0 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | 0 |
| 15 | Total profit (loss) for period | 750100000 | 750100000 |
| 16 | Other comprehensive income net of taxes | 70000000 | 70000000 |
| 17 | Total Comprehensive Income for the period | 820100000 | 820100000 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 19 | 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 | |||
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 3730800000 | 3730800000 | |
| Face value of equity share capital | 10 | 10 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 2.01 | 2.01 | |
| Diluted earnings per share from continuing operations | 2.01 | 2.01 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 2.01 | 2.01 | |
| Diluted earnings per share | 2.01 | 2.01 | |
| 23 | Debt equity ratio | 0.0389 | 0.0389 |
| 24 | Debt service coverage ratio | 0.0 | 0.0 |
| 25 | Interest service coverage ratio | 0.0 | 0.0 |
| 26 | Disclosure of notes on financial results | Textual Information(1) | |
Remarks |
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|---|---|---|
| 23 | Debt equity ratio | |
| 24 | Debt service coverage ratio | NA |
| 25 | Interest service coverage ratio | NA |
Text Block |
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|---|---|---|---|
| Textual Information(1) | 1. The aforesaid audited financial results have been approved by the Board of Directors at its meeting held on July 28, 2025 after review and recommendation by the Audit Committee. 2. Security cover available: The Company has secured NCDs of Rs 34,750 Lakhs (face value) outstanding at June 30, 2025 which are secured by way of first ranking pari passu charge over the eligible receivables and current assets to the extent of security cover of 1.10 times of the obligations. 3. During the quarter ended June 30, 2025, the Company has granted 36,68,528 options in accordance with the company's Employee Stock Option Scheme(s) (ESOS 2024) and 9,04,160 options in accordance with the company's Employee Stock Option Scheme(s) (ESOS 2018) respectively. 4. During the quarter ended June 30, 2025, the Company has allotted 3,74,643 equity shares respectively of INR 10 each fully paid up, on exercise of options by employees, in accordance with the company's Employee Stock Option Scheme(s). 5. Disclosure as per Regulation 52(4) of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 as amended Particulars As at June 30, 2025 Debt-Equity Ratio 3.89 Capital Redemption Reserve (INR in Lakhs) 200 Current Liability Ratio 0.39 Total Debts to Total Assets 0.77 Net Worth (INR in Lakhs) 2,63,440 CRAR 22.40% Gross Non-Performing Assets (GNPA) 1.99% Net Non-Performing Assets (NNPA) 1.24% Liquidity Coverage Ratio 130.55% Provision Coverage Ratio (PCR) 38.27% Net Profit Margin (%) 14.41% Net Profit After Tax (INR in Lakhs) 7,501 6. During the quarter ended June 30, 2025, provisions of Rs 794 lakhs reversed to the profit and loss account on account of sale of NPA loans. The Company sold such financial assets amounting to Rs 1,968 lakhs (net of provisions) to Asset Reconstruction Company Trust (ARC Trust) for a consideration amount of Rs 1,756 lakhs, resulting in transfer of all risks and rewards of such financial assets. Such financial assets have been derecognised from the Company’s financial statements in compliance with Ind AS 109 – ‘Financial Instruments’ and as a result, loss on derecognition has been recognised under Net gain on derecognition of financial instruments under amortised cost category amounting to Rs 789 lakhs (Aggregate principal outstanding of loans transferred of Rs 2,545 lakhs reduced by aggregate consideration amount of Rs 1,756 lakhs). Subsequently, the Company acquired Security Receipts amounting to Rs 1,493 lakhs from the Arcil - Trust - 2026 - 007 comprising 85% (1,49,260 units) of the Security Receipts. These Security Receipts are recognised under Investments in Company’s financial statements. 7. Details of transfer through assignment in respect of loans not in default during the quarter ended June 30, 2025: Particulars Value Aggregate amount of Loan transferred (Rs in Lakhs) 1,07,488 Weighted average residual maturity (in months) 69 | ||
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results |
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| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| Whether accounts are audited or unaudited | Unaudited | Unaudited | |
| 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 | |||
| Net Segment Asset | |||
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| Total Segment Liabilities | |||
| Un-allocable Liabilities | |||
| Net Segment Liabilities | |||
| Disclosure of notes on segments | |||
Other Comprehensive Income |
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|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| 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 | Re-measurement of net defined benefit plan | -10700000 | -10700000 |
| Total Amount of items that will not be reclassified to profit and loss | -10700000 | -10700000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | -2700000 | -2700000 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Fair value gain/ (loss) OCI Loans | 122200000 | 122200000 |
| 2 | (iii) The effective portion of gain on hedging instruments in a cash flow hedge | -17900000 | -17900000 |
| Total Amount of items that will be reclassified to profit and loss | 104300000 | 104300000 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 26300000 | 26300000 |
| 5 | Total Other comprehensive income | 70000000 | 70000000 |