5413362025-01-012025-03-315413362025-03-315413362024-03-315413362024-04-012025-03-315413362025-01-012025-03-31in-capmkt:OtherExpenses1Member5413362024-04-012025-03-31in-capmkt:OtherExpenses1Member5413362025-01-012025-03-31in-capmkt:ReportableSegments1Member5413362025-01-012025-03-31in-capmkt:ReportableSegments2Member5413362025-01-012025-03-31in-capmkt:ReportableSegments3Member5413362025-01-012025-03-31in-capmkt:ReportableSegments4Member5413362025-01-012025-03-31in-capmkt:ReportableSegments5Member5413362024-04-012025-03-31in-capmkt:ReportableSegments1Member5413362024-04-012025-03-31in-capmkt:ReportableSegments2Member5413362024-04-012025-03-31in-capmkt:ReportableSegments3Member5413362024-04-012025-03-31in-capmkt:ReportableSegments4Member5413362024-04-012025-03-31in-capmkt:ReportableSegments5Member5413362025-01-012025-03-31in-capmkt:ReportableSegments1Member5413362025-01-012025-03-31in-capmkt:ReportableSegments2Member5413362025-01-012025-03-31in-capmkt:ReportableSegments3Member5413362025-01-012025-03-31in-capmkt:ReportableSegments4Member5413362025-01-012025-03-31in-capmkt:ReportableSegments5Member5413362024-04-012025-03-31in-capmkt:ReportableSegments1Member5413362024-04-012025-03-31in-capmkt:ReportableSegments2Member5413362024-04-012025-03-31in-capmkt:ReportableSegments3Member5413362024-04-012025-03-31in-capmkt:ReportableSegments4Member5413362024-04-012025-03-31in-capmkt:ReportableSegments5Member5413362025-01-012025-03-31in-capmkt:ReportableSegments1Member5413362025-03-31in-capmkt:ReportableSegments1Member5413362025-01-012025-03-31in-capmkt:ReportableSegments2Member5413362025-03-31in-capmkt:ReportableSegments2Member5413362025-01-012025-03-31in-capmkt:ReportableSegments3Member5413362025-03-31in-capmkt:ReportableSegments3Member5413362025-01-012025-03-31in-capmkt:ReportableSegments4Member5413362025-03-31in-capmkt:ReportableSegments4Member5413362025-01-012025-03-31in-capmkt:ReportableSegments5Member5413362025-03-31in-capmkt:ReportableSegments5Member5413362025-01-012025-03-31in-capmkt:ReportableSegments1Member5413362025-03-31in-capmkt:ReportableSegments1Member5413362025-01-012025-03-31in-capmkt:ReportableSegments2Member5413362025-03-31in-capmkt:ReportableSegments2Member5413362025-01-012025-03-31in-capmkt:ReportableSegments3Member5413362025-03-31in-capmkt:ReportableSegments3Member5413362025-01-012025-03-31in-capmkt:ReportableSegments4Member5413362025-03-31in-capmkt:ReportableSegments4Member5413362025-01-012025-03-31in-capmkt:ReportableSegments5Member5413362025-03-31in-capmkt:ReportableSegments5Member5413362025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15413362024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15413362025-01-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15413362024-04-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15413362025-01-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares541336INDOSTARNOTLISTEDINE896L01010IndoStar Capital Finance LimitedMain BoardEquity2024-04-012025-03-312025-04-292025-04-22INRLakhsQuarterlyFourth quarterMulti segment2025-04-2913:00:002025-04-2915:45:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31AuditedConsolidated3183800000002375000001004000002039000000037256000002450000037501000000006976000001933100000774000000004939000004229000003624900000125200000012520000020000002000001250000003170000008010000023690000003619000004900000366800000361900000036680000001361000000100.920.891.741.682.662.574. The Group reports quarterly financial results on consolidated basis, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 read with SEBI circular dated 5 July 2016. The standalone financial results are available on the website of the Company at www.indostarcapital.com and on the website of the BSE Ltd. at www.bseindia.com and the National Stock Exchange of India Ltd. at www.nseindia.com. <BR> The key information of the standalone financial results of the Company are given below:(Rs. In lakhs) <BR> -Quarter Ended 31 March 2025 (Audited) <BR> Revenue from operations (including other income) – 37,459 <BR> Profit/(loss) before tax – 1,242 <BR> Profit/(loss) after tax – 1,242 <BR> Total Comprehensive income – 1,291 <BR> -Quarter Ended 31 December 2024 (Unaudited) <BR> Revenue from operations (including other income) – 37,352 <BR> Profit/(loss) before tax – 1,141 <BR> Profit/(loss) after tax – 1,141 <BR> Total Comprehensive income – 1,118 <BR> -Quarter Ended 31 March 2024 (Unaudited) <BR> Revenue from operations (including other income) – 39,595 <BR> Profit/(loss) before tax – 1,957 <BR> Profit/(loss) after tax – 1,957 <BR> Total Comprehensive income – 1,957 <BR> -Year Ended 31 March 2025 (Audited) <BR> Revenue from operations (including other income) – 1,41,241 <BR> Profit/(loss) before tax – 5,259 <BR> Profit/(loss) after tax – 5,259 <BR> Total Comprehensive income – 5,259 <BR> -Year Ended 31 March 2024 (Audited) <BR> Revenue from operations (including other income) – 1,12,523 <BR> Profit/(loss) before tax – 7,161 <BR> Profit/(loss) after tax – 7,161 <BR> Total Comprehensive income – 7,161 <BR> 5. The consolidated financial results of IndoStar Capital Finance Limited ("the Company") and its subsidiaries (together referred to as "the Group") have been prepared in accordance with Indian Accounting Standards ("Ind AS") notified under Section 133 of the Companies Act 2013 ("the Act") read with the Companies (Indian Accounting Standard) Rules, 2015 as amended by the Companies (Indian Accounting Standards) Amendment Rules, 2016 and have been reviewed by the Audit Committee and subsequently approved at the meeting of the Board of Directors held on 29 April 2025. The statutory auditors have conducted an audit and issued an unmodified opinion on the consolidated financial results for the year ended March 31, 2025.The consolidated financial result includes result / information of following 100% subsidiaries: <BR> (a)Niwas Housing Finance Private Limited (formerly IndoStar Home Finance Private Limited) (also refer note 8); and <BR> (b)IndoStar Asset Advisory Private Limited <BR> 6.The Secured Listed Non-Convertible Debentures of the Company as on 31 March 2025 are secured by first pari-passu charge on standard receivables and / or cash / cash equivalent and / or such other asset as mentioned in the respective offer documents. The total asset cover required for secured listed non convertible debentures has been maintained as per the terms and conditions stated in the respective offer documents. <BR> 7.The Board of Directors at its meeting held on 27 February 2024 approved issuance of 2,48,18,888 warrants of the Company to BCP V Multiple Holdings PTE Limited and Florintree Tecserv LLP, each convertible into, or exchangeable for, 1 fully paid-up equity share of the Company of face value of Rs 10 by way of a preferential issue on a private placement basis at an issue price of Rs. 184 per equity share, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), the Companies Act, 2013 (“Act”), as amended and other applicable laws, and subject to the approval of regulatory/ statutory authorities and the shareholders of the Company (the “Preferential Issue”). <BR> The Preferential Issue has subsequently been approved by the Shareholders at the Extra-Ordinary General Meeting of the Members held on 22 March 2024. <BR> During the quarter ended 30 June 2024, the Board of Directors of the Company vide its Circular Resolution passed on 26 May 2024, approved the allotment of 1,08,69,565 warrants of the Company on a preferential basis by way of a private placement, to Florintree Tecserv LLP. The Company received consideration of Rs 5,000 lakhs on the date of allotment. <BR> The Board of Directors at its meeting held on 18 October 2024 approved change in subscription amount to be received from BCP V Multiple Holdings PTE Limited at the time of the subscription of the warrants from 25% to 80%. <BR> During the quarter ended 31 December 2024, the Company received requisite approvals for issue of warrants to BCP V Multiple Holdings PTE Limited. Accordingly, the Board of Directors of the Company vide its Circular Resolution passed on 26 November 2024, approved the allotment of 1,39,49,323 warrants of the Company on a preferential basis by way of a private placement, to BCP V Multiple Holdings PTE Limited. The Company received consideration of Rs 20,533.40 lakhs on the date of allotment. <BR> 8.The Board of Directors of the Company in its meeting held on 19 September 2024 had considered and approved, inter-alia, subject to shareholders, regulatory and other approvals, sale of the Company’s shareholding in Niwas Housing Finance Private Limited (“NHFPL”)(Formerly IndoStar Home Finance Private Limited), a debt-listed material subsidiary of the Company, to WITKOPEEND B.V. (the “Purchaser”) for an aggregate consideration of Rs. 170,595 lakhs in accordance with the terms of the share purchase agreement dated 19 September 2024 among the Company, NHFPL and the Purchaser. Subsequently, the Shareholders' approval was obtained on 26 October 2024. The Reserve Bank of India (RBI) accorded its approval on 21 March 2025. However, as on 31 March 2025, the transaction is not considered as concluded. <BR> Accordingly, the assets and liabilities of NHFPL have been classified as “Non-current asset held for sale” and “Liabilities for assets held for sale” respectively in the Consolidated Statement of Assets and Liabilities. Also, the results for the current and previous period pertaining to NHFPL have been reclassified as “discontinued operations” in the consolidated financial results in accordance with Ind-AS 105 - Non-current Assets Held for Sale and Discontinued Operations. <BR> Summary results of the discontinued operations (excluding markup) are given below (Rs. In lakhs) <BR> -Quarter Ended 31 March 2025 <BR> Revenue from operations – 12,085 <BR> Other Income – 91 <BR> Total Income – 12,176 <BR> Total expenses – 9,006 <BR> Profit before tax – 3,170 <BR> Tax Expenses - 801 <BR> Profit after tax – 2,369 <BR> Other comprehensive income – Nil <BR> Total Comprehensive income – 2,369 <BR> -Quarter Ended 31 December 2024 <BR> Revenue from operations – 10,722 <BR> Other Income – 15 <BR> Total Income – 10,737 <BR> Total expenses – 8,570 <BR> Profit before tax – 2,167 <BR> Tax Expenses - 541 <BR> Profit after tax – 1,626 <BR> Other comprehensive income – (3) <BR> Total Comprehensive income – 1,623 <BR> -Quarter Ended 31 March 2024 <BR> Revenue from operations – 8,365 <BR> Other Income – 21 <BR> Total income – 8,386 <BR> Total expenses – 6,405 <BR> Profit before tax – 1,981 <BR> Tax Expenses - 396 <BR> Profit after tax – 1,585 <BR> Other comprehensive income – (2) <BR> Total Comprehensive income – 1,583 <BR> -Year Ended 31 March 2025 <BR> Revenue from operations – 40,764 <BR> Other Income – 144 <BR> Total Income – 40,908 <BR> Total expenses – 31,823 <BR> Profit before tax – 9,085 <BR> Tax Expenses – 2,282 <BR> Profit after tax – 6,803 <BR> Other comprehensive income – (11) <BR> Total Comprehensive income – 6,792 <BR> -Year Ended 31 March 2024 <BR> Revenue from operations – 29,005 <BR> Other Income – 38 <BR> Total Income – 29,043 <BR> Total expenses – 23,104 <BR> Profit before tax – 5,959 <BR> Tax Expenses – 1,377 <BR> Profit after tax – 4,562 <BR> Other comprehensive income – (8) <BR> Total Comprehensive income – 4,554 <BR> 9. The Company during the quarter and year ended 31 March 2025 has allotted 9,150 and 18,152 equity shares of Rs. 10 each fully paid respectively, on exercise of stock options by employees, in accordance with the Company's Employee Stock Option Schemes. <BR> 10. The figures for the quarter ended 31 March 2025 are the balancing figures between audited figures for the year ended 31 March 2025 and unaudited figures for the nine months ended 31 December 2024.The figures for the quarter ended 31 March 2024 are the balancing figures between audited figures for the year ended 31 March 2024 and unaudited figures for the nine months ended 31 December 2023. <BR> 11. All amounts disclosed in financial results have been rounded off to the nearest lakhs. <BR> 12. Figures for the previous periods / year have been regrouped, and / or reclassified wherever considered necessary to make them comparable to the current periods / year presentation. <BR> <BR> 2024-04-012025-03-31AuditedConsolidated11967900000001196400000324400000553000000001404170000054900000140966000000002977100000740840000030620000000013752000001504200000135711000005255000000525500000600000060000052490000090850000022820000068030000001205200000-800000011972000001205200000011972000000136100000010349933000003.863.7354.848.868.57Other expenses422900000Other expenses15042000009605000003263900000000721652000001818180000012103000009578170000001138000003167500000005955000000030019000005390000029844700000367773000001325590000001361000000349933000003635430000003635430000000600000200000003792190000031243000000004029900000731956000000901000000229190000002300910000096204700000132559000000Large corporate38300000SME232100000Commercial vehicles3237500000Unallocated242200000Discontinued operations1217600000Large corporate259300000SME517800000Commercial vehicles12565600000Unallocated753900000Discontinued operations4090800000496770000018187400000496770000018187400000Large corporate-900000SME93000000Commercial vehicles350600000Unallocated-317500000Discontinued operations317000000Large corporate125900000SME170900000Commercial vehicles1672800000Unallocated-1444100000Discontinued operations90850000044220000014340000004422000001434000000Large corporate7929000000SME4603100000Commercial vehicles74178200000Unallocated16426300000Discontinued operations294224000001325590000000132559000000Large corporate5316700000SME3267200000Commercial vehicles51946500000Unallocated12829800000Discontinued operations2284450000096204700000096204700000Remeasurements of the defined benefit plans13000001300000Remeasurements of the defined benefit plans-12600000-12600000-2800000-3200000Debt instruments through other comprehensive income14000001400000Debt instruments through other comprehensive income200000020000006000006000004900000-800000074084000000000141300000-1482000000000-12200000002000000306200000001410400000185190000000011967900000220400000-8775000000-400000000-16337400000-158119000000697900000011540000000-6396000000-1061130000000000000700000215600000000245000000000000000000000-2811100000-30505000000025282000000000115559000004154000000044820500000106100000000010697500000-29643000000-29643000003924800000960500000AuditedtrueM S K A & Associatestrue2027-07-31