INTEGRATED FILING — NBFC



General information about company

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-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-Apr-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 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 Lending Business
Start date and time of board meeting 29-Apr-2025   15:35:00
End date and time of board meeting 29-Apr-2025   15:50:00
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)? 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. Yes
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 2025-04-28
Indicate Company website link for updated RPT policy of the Company https://www.fedfina.com/corporate-governance/
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 has not made any 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 4991800000 19245800000
(ii) Dividend Income 0 0
(iii) Rental Income 0 0
(iv) Fees and commission Income 195900000 856300000
(v) Net gain on fair value changes 44500000 255800000
(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 5232200000 20357900000
Other income 142500000 440300000
Total income 5374700000 20798200000
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 1060400000 3903000000
Finance costs 2158700000 8537800000
Depreciation, depletion and amortisation expense 132500000 488500000
Fees and commission expense 23100000 185000000
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 325300000 2163600000
(f) Other expenses
1 Other Expenses 688200000 2482800000
Total other expenses 688200000 2482800000
Total expenses 4388200000 17760700000
3 Total profit before exceptional items and tax 986500000 3037500000
4 Exceptional items 0 0
5 Total profit before tax 986500000 3037500000
7 Tax expense
8 Current tax 345300000 1016900000
9 Deferred tax -75300000 -231200000
10 Total tax expenses 270000000 785700000
11 Net Profit Loss for the period from continuing operations 716500000 2251800000
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 716500000 2251800000
16 Other comprehensive income net of taxes 92900000 415900000
17 Total Comprehensive Income for the period 809400000 2667700000
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 3727200000 3727200000
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 1.92 6.06
Diluted earnings per share from continuing operations 1.92 6.04
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 1.92 6.06
Diluted earnings per share 1.92 6.04
23 Debt equity ratio 0.0403 0.0403
24 Debt service coverage ratio
25 Interest service coverage ratio
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 3037500000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 8537800000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 119100000
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 -130700000
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 -18500000
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 488500000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 44400000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -2857700000
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 0
Adjustments for share-based payments 13000000
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -607000000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 1484800000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 7073700000
Net cash flows from (used in) operations 10111200000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 797500000
Other inflows (outflows) of cash -19088900000
Net cash flows from (used in) operating activities -9775200000
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 1300000
Purchase of property, plant and equipment 177000000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 6100000
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 6400000
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 131200000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 3348600000
Net cash flows from (used in) investing activities 3291600000
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 184500000
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 73383300000
Repayments of borrowings 53065700000
Payments of lease liabilities 433200000
Dividends paid 0
Interest paid 8194700000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 11874200000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 5390600000
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 5390600000
Cash and cash equivalents cash flow statement at beginning of period 1855400000
Cash and cash equivalents cash flow statement at end of period 7246000000




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 7246000000
Bank Balance other than (a) above 1100900000
Derivative financial instruments 5800000
Receivables
(I) Trade Receivables 193100000
(II) Other Receivables 0
Loans 116463700000
Investments 4041900000
Other Financial assets 867100000
Total Financial Assets 129918500000
2 Non Financial Asset
Inventories 0
Current tax assets (Net) 0
Deferred tax Assets (Net) 107000000
Investment Property 0
Biological assets other than bearer plants 0
Property, Plant and Equipment 1858600000
Capital work-in-progress 2800000
Intangible assets under development 6400000
Goodwill 0
Other Intangible assets 29200000
Other non-financial assets (to be specified) 574500000
Total Non Financial Assets 2578500000
Total assets 132497000000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3727200000
Other equity 21746400000
Total equity attributable to owners of parent 25473600000
Non controlling interest
Total equity 25473600000
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 12300000
(b) Payables 0
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 2400000
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 84900000
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 15700000
(C ) Debt Securities 5002200000
(d) Borrowings (Other than Debt Securities) 92923700000
(e) Deposits 0
(f) Subordinated Liabilities 4760700000
(g) Other financial liabilities 3708300000
Total Financial Liabilities 106510200000
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 116100000
(b) Provisions 138100000
(C ) Deferred tax liabilities (Net) 0
(d) Other non-financial liabilities 259000000
Total Non Financial Liabilities 513200000
Total liabilities 107023400000
Total equity and liabilites 132497000000
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 Re-measurement of net defined benefit plan 4100000 1200000
Total Amount of items that will not be reclassified to profit and loss 4100000 1200000
2 Income tax relating to items that will not be reclassified to profit or loss 1000000 300000
3 Amount of items that will be reclassified to profit and loss
1 Fair value gain/ (loss) OCI Loans 126300000 560900000
2 Fair value gain/ (loss) OCI Investment in Government Securities -100000 0
3 The effective portion of gain on hedging instruments in a cash flow hedge -200000 -200000
Total Amount of items that will be reclassified to profit and loss 126000000 560700000
4 Income tax relating to items that will be reclassified to profit or loss 36200000 145700000
5 Total Other comprehensive income 92900000 415900000




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 KKC & Associates LLP Yes 31-Jul-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


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 Fedbank Financial Services Limited The Federal Bank Limited Promoter Sale of goods or services 250000000 Approved 142301000 120438000 15671000
2 Fedbank Financial Services Limited The Federal Bank Limited Promoter Interest received 125000000 Approved 0 177511000 1537875000
3 Fedbank Financial Services Limited The Federal Bank Limited Promoter Interest paid 750000000 Approved 395881000 9072222000 10308333000
4 Fedbank Financial Services Limited The Federal Bank Limited Promoter Interest paid 750000000 Approved 23797000 600000000 600000000
5 Fedbank Financial Services Limited The Federal Bank Limited Promoter Interest paid 750000000 Approved 115858000 2347000000 2347000000
6 Fedbank Financial Services Limited The Federal Bank Limited Promoter Sale of goods or services 1718000 Approved 1718000 0 0
7 Fedbank Financial Services Limited Mr. Anil Kothuri Former MD & CEO Remuneration 12815000 Approved 12815000 0 0
8 Fedbank Financial Services Limited Ganesh Venkatraman Chatapuram Chief Financial Officer Remuneration 9272000 Approved 9272000 0 0
9 Fedbank Financial Services Limited Rajaraman Sundaresan Company Secretary Remuneration 1967000 Approved 1967000 0 0
10 Fedbank Financial Services Limited Balakrishnan Krishnamurthy Independent Director & Chairman Any other transaction Director Sitting Fees 130000 Approved 130000 0 0
11 Fedbank Financial Services Limited Mrs.Gauri Shah Independent Director Any other transaction Director Sitting Fees 1180000 Approved 1180000 0 0
12 Fedbank Financial Services Limited Shyam Srinivasan Non-Executive Director Any other transaction Director Sitting Fees 720000 Approved 720000 0 0
13 Fedbank Financial Services Limited Ramesh Sundarajan Independent Director Any other transaction Director Sitting Fees 600000 Approved 600000 0 0
14 Fedbank Financial Services Limited Sunil Gulati Independent Director Any other transaction Director Sitting Fees 1100000 Approved 1100000 0 0
15 Fedbank Financial Services Limited Sonal Dave Independent Director Any other transaction Director Sitting Fees 670000 Approved 670000 0 0
16 Fedbank Financial Services Limited Mona Bhide Independent Director Any other transaction Director Sitting Fees 80000 Approved 80000 0 0
17 Fedbank Financial Services Limited Muralidharan Rajamani Independent Director Any other transaction Director Sitting Fees 60000 Approved 60000 0 0
18 Fedbank Financial Services Limited Parvez Mulla MD & CEO Remuneration 14272000 Approved 14272000 0 0
19 Fedbank Financial Services Limited The Federal Bank Limited Promoter Any other transaction Servicing Fee Income on Securitisation 1719000 Approved 1719000 0 0
20 Fedbank Financial Services Limited The Federal Bank Limited Promoter Any other transaction Brand usage charges 24364000 Approved 24364000 0 0
21 Fedbank Financial Services Limited The Federal Bank Limited Promoter Any other transaction Processing Fees 250000000 Approved 6750000 0 0
Total value of transaction during the reporting period 755254000





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