INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol IBLFL
MSEI Symbol NOTLISTED
ISIN INE0O7401018
Name of Company IBL FINANCE LIMITED
Type of company SME
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 30-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 25-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
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 Financing Business
Start date and time of board meeting 30-Apr-2025   17:30:00
End date and time of board meeting 30-Apr-2025   18:30:00
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 2023-06-21
Indicate Company website link for updated RPT policy of the Company https://iblfinance.in/wp-content/uploads/2023/08/Related-Party-Transaction-Policy.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? 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
No in default hence not applicable


Financial Results — Other than Bank

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-Oct-2024 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 Revenue From Operations
Revenue from operations 70766000 129572000
Other income 821000 1052000
Total Income 71587000 130624000
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 11246000 20342000
(e) Finance costs 24748000 31920000
(f) Depreciation and amortisation expense 3153000 5170000
(g) Other Expenses
1 Provisions and Loan Losses 9414000 13257000
2 Other Expenses 10524000 29994000
Total other expenses 19938000 43251000
Total expenses 59085000 100683000
3 Profit before exceptional and extraordinary items and tax 12502000 29941000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 12502000 29941000
6 Extraordinary items 0 0
7 Profit before tax 12502000 29941000
8 Tax Expense
Current tax 4534000 7678000
Deferred tax -2076000 -1291000
Total tax expenses 2458000 6387000
9 Net Profit Loss for the period from continuing operations 10044000 23554000
10 Profit (loss) from discontinuing operations before tax 0 0
11 Tax expense of discontinuing operations 0 0
12 Net profit (loss) from discontinuing operation after tax 0 0
13 Profit (loss) for period before minority interest 10044000 23554000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 10044000 23554000
17 Details of equity share capital
Paid-up equity share capital 247307000 247307000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 339254000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.41 0.95
Diluted earnings (loss) per share from continuing and discontinued operations 0.41 0.95
20 Debt equity ratio 0.0075 0.0075
21 Debt service coverage ratio 0.001 0.001
22 Interest service coverage ratio 0.0196 0.0196
23 Disclosure of notes on financial results Textual Information(1)


Text Block

Textual Information(1) 1. The above results have been reviewed by the Audit Committee and have been approved by the Board of Directors of the Company at their respective meetings held on April 30, 2025. 2.The above Audited Financial Results of the Company for the Half year and year ended 31st March, 2025 have been prepared in accordance with the recognition and measurement principles laid down in applicable Accounting Standards ( AS ) as prescribed under Companies Act, 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. 3.As per Accounting Standard 17 on Segment Reporting (AS 17), the company has only one reportable segment i.e. Financing Business. 4.As per MCA notification dated 16th February 2015 companies whose shares are listed on SME exchange as referred to Chapter IX of SEBI (Issue of Capital and Disclosure Requirements) Regulation, 2018 are exempted from compulsory requirement of adoption of IND-AS. 5.Earning per shares are calculated on weighted average of the share capital outstanding during the year. Half year / Period EPS is not annualised. 6.There are no Investors Complaints pending as on 31st March, 2025. 7.Previous year’s/period’s figure have been regrouped/rearranged wherever necessary. 8.The figures for the Half Year ended on 31st March 2025, 31st March 2024 are the balancing figures between the audited figures in respect of the full Financial Year. and the published unaudited figures of the Half Year ended 30th September 2024, 30th Septemeber,2023 which were subjected to limited review report.


Remarks

20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect

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
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 29941000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 31920000
Adjustments for depreciation and amortisation expense 5170000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 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 -160000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 36930000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables 0
Adjustments for decrease (increase) in other current assets -486515000
Adjustments for increase (decrease) in trade payables 0
Adjustments for increase (decrease) in other current liabilities 17179000
Adjustments for provisions 0
Total adjustments for working capital -469336000
Total adjustments for reconcile profit (loss) -432406000
Net cash flows from (used in) operations -402465000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 7679000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -410144000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -410144000
4 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 312000
Purchase of property plant and equipment 6411000
Proceeds from sales of intangible assets 0
Purchase of intangible 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
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -6099000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -6099000
Cash flows from used in financing activities
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 424461000
Repayments of borrowings 0
Dividends paid 0
Interest paid 31920000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 392541000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 392541000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -23702000
6 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 -23702000
Cash and cash equivalents cash flow statement at beginning of period 51976000
Cash and cash equivalents cash flow statement at end of period 28274000


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
Equity and liabilities
1 Shareholders' funds
Share capital 247307000
Reserves and surplus 339254000
Money received against share warrants 0
Total shareholders' funds 586561000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 439093000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 66991000
Long-term provisions 1156000
Total non-current liabilities 507240000
6 Current liabilities
Short-term borrowings 2627000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 545000
Total Trade payable 545000
Other current liabilities 14463000
Short-term provisions 17308000
Total current liabilities 34943000
Total equity and liabilities 1128744000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 8196000
Producing properties 0
Intangible assets 8143000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 16339000
ii Non-current investments 0
v Deferred tax assets (net) 2482000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 606855000
viii Other non-current assets 1125000
Total non-current assets 626801000
Current assets
Current investments 0
Inventories 0
Trade receivables 0
Cash and cash equivalents 28274000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 443035000
Other current assets 30634000
Total current assets 501943000
Total assets 1128744000
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)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results 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




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 H R M & COMPANY Yes 30-Jun-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


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Mode of Fund Raising Others
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 28-Feb-2025
Amount Raised 9100000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation false
Comments of the Audit Committee after review false
Comments of the auditors, if any false
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 The funds raised through this issue will be utilized for general business purpose of the Company including various financing activities, to repay our existing loans, investments for liquidity and statutory requirements, capital expenditure and working capital requirements. Not Applicable 9100000 0 9100000 0


Signatory Details

Name of signatory MANISH MANSUKHBHAI PATEL
Designation of person Managing Director
Place SURAT
Date 30-Apr-2025


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 IBL Finance Limited HINABEN MANISHBHAI PATEL Spouse of Managing Director Loan 8000000 Approved by Audit Committee 5300000 0 5300000 Loan 0.16 24 Unsecured General Purpose
2 IBL Finance Limited MANISH M PATEL HUF Karta is Managing Director Loan 8000000 Approved by Audit Committee 7700000 0 7700000 Loan 0.16 24 Unsecured General Purpose
3 IBL Finance Limited RUPALBEN PIYUSHBHAI PATEL Spouse of Whole Time Director Loan 8000000 Approved by Audit Committee 6100000 0 6100000 Loan 0.16 24 Unsecured General Purpose
4 IBL Finance Limited JAYABEN MANSUKHBHAI PATEL Spouse of Whole Time Director Loan 8000000 Approved by Audit Committee 5400000 0 5400000 Loan 0.16 24 Unsecured General Purpose
5 IBL Finance Limited MANISH MANSUKHBHAI PATEL Managing Director Remuneration 6000000 As per the terms of appointment and approval by Shareholders 600000 0 0
6 IBL Finance Limited MANISH MANSUKHBHAI PATEL Managing Director Any other transaction Rent Paid 240000 Approved by Audit Committee 120000 0 0
7 IBL Finance Limited PIYUSH MANSUKHBHAI PATEL Whole Time Director Remuneration 6000000 As per the terms of appointment and approval by Shareholders 600000 0 0
8 IBL Finance Limited MANSUKHBHAI KUNVARJIBHAI PATEL Whole Time Director Remuneration 2400000 As per the terms of appointment and approval by Shareholders 360000 0 0
9 IBL Finance Limited MANISH M PATEL HUF Karta is Managing Director Interest received 587000 At the Rate of 16.00% p.a. 587000 0 0
10 IBL Finance Limited HINABEN MANISHBHAI PATEL Spouse of Managing Director Interest received 404000 At the Rate of 16.00% p.a. 404000 0 0
11 IBL Finance Limited RUPALBEN PIYUSHBHAI PATEL Spouse of Whole Time Director Interest received 465000 At the Rate of 16.00% p.a. 465000 0 0
12 IBL Finance Limited JAYABEN MANSUKHBHAI PATEL Spouse of Whole Time Director Interest received 412000 At the Rate of 16.00% p.a. 412000 0 0
13 IBL Finance Limited DHAVAL MASHRU(w.e.f 26.07.24) Chief Financial Officer Remuneration 1200000 As per the terms of appointment and Human Resource Policy 577000 0 0
14 IBL Finance Limited MANSI MUKESHKUMAR JAIN (w.e.f. 26.07.24) Company Secretary and Compliance officer Remuneration 396000 As per the terms of appointment and Human Resource Policy 205000 0 0
15 IBL Finance Limited PDM AND ASSOCIATES Spouse of CFO Purchase of goods or services 1500000 Approved by Audit Committee 577000 0 0
16 IBL Finance Limited CODEXIAL TECHNOLOGIES PRIVATE LIMITED Non Executive Director interest in Concern Purchase of goods or services 6000000 Approved by Audit Committee 1038000 0 0
17 IBL Finance Limited IBL GLOBAL PRIVATE LIMITED Whole Time Director interest in Concern Any other transaction Rent Income and other 96000 Approved by Audit Committee 25000 0 0
18 IBL Finance Limited BIPINKUMAR HIRPARA Director Any other transaction Director Sitting fees 50000 As per the approval of Board of Directors 19000 0 0
19 IBL Finance Limited AJAYKUMAR ARVINDBHAI BALDHA Director Any other transaction Director Sitting fees 50000 As per the approval of Board of Directors 17000 0 0
20 IBL Finance Limited HITISHA MEHULKUMAR CHANCHAD Director Any other transaction Director Sitting fees 50000 As per the approval of Board of Directors 21000 0 0
Total value of transaction during the reporting period 30527000





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