INTEGRATED FILING — NBFC



General information about company

Scrip code 501301
NSE Symbol TATAINVEST
MSEI Symbol NOTLISTED
ISIN INE672A01018
Name of company Tata Investment Corporation 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 21-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-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 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 Not Applicable
Start date and time of board meeting 21-Apr-2025   17:00:00
End date and time of board meeting 21-Apr-2025   18:45:00
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
(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 2025-02-11
Indicate Company website link for updated RPT policy of the Company https://tatainvestment.com/wp-content/uploads/2025/02/TICL-Policy-on-Related-Party-Transactions-20250211.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? No
The Company does not have any borrowings. Thus there is no default on Loans and Debt securities.


Financial Results — NBFC

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
(i) Interest Income 82300000 397300000
(ii) Dividend Income 277900000 2717100000
(iii) Rental Income 12500000 12500000
(iv) Fees and commission Income 0 0
(v) Net gain on fair value changes 142700000 556600000
(vi) Net gain on derecognition of financial instruments under amortised cost category 0 0
(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 515400000 3683500000
Other income 1700000 11300000
Total income 517100000 3694800000
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 36100000 158500000
Finance costs 400000 1000000
Depreciation, depletion and amortisation expense 8700000 16100000
Fees and commission expense 0 0
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 0 0
(f) Other expenses
1 Corporate social responsibility 21800000 95500000
2 Other expenses 24200000 116900000
Total other expenses 46000000 212400000
Total expenses 91200000 388000000
3 Total profit before exceptional items and tax 425900000 3306800000
4 Exceptional items 0 0
5 Total profit before tax 425900000 3306800000
7 Tax expense
8 Current tax 36000000 438500000
9 Deferred tax 37900000 43100000
10 Total tax expenses 73900000 481600000
11 Net Profit Loss for the period from continuing operations 352000000 2825200000
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 352000000 2825200000
16 Other comprehensive income net of taxes -29103400000 9569100000
17 Total Comprehensive Income for the period -28751400000 12394300000
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 506000000 506000000
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 6.96 55.84
Diluted earnings per share from continuing operations 6.96 55.84
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 6.96 55.84
Diluted earnings per share 6.96 55.84
23 Debt equity ratio 0.0 0.0
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

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1)


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 Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3306800000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1000000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 400000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -4800000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 158900000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -48600000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -4100000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 16100000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current -2800000
Adjustments for other financial liabilities, current 54000000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 2700000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -482300000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 100000
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) -314800000
Net cash flows from (used in) operations 2992000000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 956300000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 2035700000
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 98621400000
Other cash payments to acquire equity or debt instruments of other entities 97708900000
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 100000
Purchase of property, plant and equipment 7000000
Proceeds from sales of investment property 0
Purchase of investment property 1580900000
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 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -675300000
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 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 7700000
Dividends paid 1416700000
Interest paid 1000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -1425400000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -65000000
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 -65000000
Cash and cash equivalents cash flow statement at beginning of period 113600000
Cash and cash equivalents cash flow statement at end of period 48600000




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 Finanical Asset
Cash and cash equivalents 48600000
Bank Balance other than (a) above 25700000
Derivative financial instruments 0
Receivables
(I) Trade Receivables 0
(II) Other Receivables 0
Loans 400000
Investments 343429400000
Other Financial assets 20200000
Total Financial Assets 343524300000
2 Non Financial Asset
Inventories 0
Current tax assets (Net) 202100000
Deferred tax Assets (Net) 0
Investment Property 1575100000
Biological assets other than bearer plants 0
Property, Plant and Equipment 4800000
Capital work-in-progress 0
Intangible assets under development 0
Goodwill 0
Other Intangible assets 3600000
Other non-financial assets (to be specified) 34500000
Total Non Financial Assets 1820100000
Total assets 345344400000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 506000000
Other equity 307391700000
Total equity attributable to owners of parent 307897700000
Non controlling interest
Total equity 307897700000
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 0
(b) Payables 0
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 32400000
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 0
(C ) Debt Securities 0
(d) Borrowings (Other than Debt Securities) 0
(e) Deposits 0
(f) Subordinated Liabilities 0
(g) Other financial liabilities 152200000
Total Financial Liabilities 184600000
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 87500000
(b) Provisions 95800000
(C ) Deferred tax liabilities (Net) 37077000000
(d) Other non-financial liabilities 1800000
Total Non Financial Liabilities 37262100000
Total liabilities 37446700000
Total equity and liabilites 345344400000
Disclosure of notes on assets and liabilities


Format for Reporting Segment 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)
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
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
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

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-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 Changes in fair valuation of equity instruments -33914400000 18423900000
2 Remeasurement (loss) / gain on defined benefits plans -17900000 -23100000
Total Amount of items that will not be reclassified to profit and loss -33932300000 18400800000
2 Income tax relating to items that will not be reclassified to profit or loss -4835900000 8845000000
3 Amount of items that will be reclassified to profit and loss
1 Changes in fair value of bonds / debentures -7900000 15700000
Total Amount of items that will be reclassified to profit and loss -7900000 15700000
4 Income tax relating to items that will be reclassified to profit or loss -900000 2400000
5 Total Other comprehensive income -29103400000 9569100000




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 GOKHALE & SATHE Yes 28-Feb-2027
2 CHOKSHI & CHOKSHI LLP Yes 31-Mar-2028


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


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 Tata Investment Corporation Limited Tata Sons Pvt. Ltd. Promoter and Holding Company Any other transaction Licence fees Approved by Audit Committee 100000 0 0
2 Tata Investment Corporation Limited Tata Sons Pvt. Ltd. Promoter and Holding Company Any other transaction Brand Equity Approved by Audit Committee 2800000 8100000 10000000
3 Tata Investment Corporation Limited Ewart Investments Ltd. Fellow Subsidiary Any other transaction Licence fees Approved by Audit Committee 5100000 10000000 10000000
4 Tata Investment Corporation Limited Tata Capital Ltd. Fellow Subsidiary Any other transaction Interest income Corporate action 35000000 418400000 400600000
5 Tata Investment Corporation Limited Tata Capital Ltd. Fellow Subsidiary Investment Corporate action 332200000 0 0
6 Tata Investment Corporation Limited Tata Consultancy Services Ltd. Fellow Subsidiary Dividend received Corporate action 86400000 0 0
7 Tata Investment Corporation Limited Tata International Ltd. Fellow Subsidiary Any other transaction Interest income Corporate action 9100000 204700000 204700000
8 Tata Investment Corporation Limited The Indian Hotels Company Ltd. Associates of Promoter Any other transaction Membership fees & Chamber Bills Approved by Audit Committee 100000 0 0
9 Tata Investment Corporation Limited Titan Company Ltd. Associates of Promoter Any other transaction Goods purchased Approved by Audit Committee 100000 0 0
10 Tata Investment Corporation Limited Trent Ltd. Associates of Promoter Any other transaction Share of expense Approved by Audit Committee 300000 0 0
11 Tata Investment Corporation Limited Tata AIA Life Insurance Company Ltd. JV of Promoter Any other transaction Insurance expenses Approved by Audit Committee 300000 0 0
12 Tata Investment Corporation Limited Tata Communications Ltd. Subsidiaries of Fellow Subsidiary Purchase of goods or services Approved by Audit Committee 600000 0 0
13 Tata Investment Corporation Limited Tata Teleservices (Maharashtra) Ltd. Subsidiaries of Fellow Subsidiary Any other transaction Received refund Approved by Audit Committee 100000 100000 0
14 Tata Investment Corporation Limited The Associated Building Company Ltd. Associate of Fellow Subsidiary Any other transaction Various services Approved by Audit Committee 1700000 500000 0
15 Tata Investment Corporation Limited Piem Hotels Ltd. Subsidiaries of Associates Any other transaction Payment towards accomodation bills Approved by Audit Committee 100000 0 0
16 Tata Investment Corporation Limited TMF Holdings Ltd. Subsidiaries of Fellow Associates Interest received Corporate action 18200000 510000000 528200000
17 Tata Investment Corporation Limited Tata Investment Corporation Limited - Provident Fund Other Related Parties Any other transaction monthly contribution Approved by Audit Committee 2000000 0 0
18 Tata Investment Corporation Limited Tata Investment Corporation Limited - Provident Fund Other Related Parties Any other transaction temporary advance given Approved by Audit Committee 1600000 7200000 0
19 Tata Investment Corporation Limited Tata Investment Corporation Limited - Provident Fund Other Related Parties Any other transaction temporary advance repaid Approved by Audit Committee 8800000 0 0
20 Tata Investment Corporation Limited Tata Sons Consolidated Superannuation Fund Other Related Parties Any other transaction monthly contribution Approved by Audit Committee 500000 0 0
21 Tata Investment Corporation Limited The Investment Corporation of India Limited - Employees Gratuity Trust Fund Other Related Parties Any other transaction Payable to gratuity fund Approved by Audit Committee 4600000 0 4600000
22 Tata Investment Corporation Limited The Investment Corporation of India Limited - Employees Gratuity Trust Fund Other Related Parties Any other transaction Reimbursement of bank charges Approved by Audit Committee 0 0 0
23 Tata Investment Corporation Limited Mr. A.N. Dalal KMP Remuneration Nomination Remuneration and Board Committee Approved 50800000 0 29000000
24 Tata Investment Corporation Limited Mr. Manoj Gupta KMP Remuneration Nomination Remuneration and Board Committee Approved 5600000 0 3000000
25 Tata Investment Corporation Limited Mr. Jamshed Patel KMP Remuneration Nomination Remuneration and Board Committee Approved 2100000 0 1000000
26 Tata Investment Corporation Limited Tata AIG General Insurance Company Ltd. Fellow Subsidiary Any other transaction Insurance Expenses Approved by Audit Committee 200000 0 0
27 Tata Investment Corporation Limited Tata Investment Corporation Limited - Provident Fund Other Related Parties Any other transaction Reimbursement of bank charges Approved by Audit Committee 0 0 0
Total value of transaction during the reporting period 568400000





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
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt