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The Reserve Bank of India, under Scale Based Regulations has categorised the Company as Upper Layer (NBFC-UL), vide it’s circular dated January 16, 2025. <BR> <BR> 2.The audited financial results have been prepared in accordance with recognition and measurement principles laid down in the Indian Accounting Standards ('Ind AS') as prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time, other recognised accounting practices generally accepted in India, the circulars guidelines and directions issued by Reserve Bank of India from time to time and other relevant provisions of the Act and in compliance with Regulations 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time. <BR> <BR> 3.The above results for the quarter and year ended March 31, 2026, have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on April 15, 2026 and have been reviewed by the Joint Statutory Auditors. <BR> <BR> 4.The figures for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter of the respective financial year, which were subject to Limited Review. <BR> <BR> 5.The Secured listed non-convertible debt securities of the Company are secured by first pari passu mortgage on immovable property situated at Heera Panna Commercial Complex, 3rd Floor, Dr. Yagnik Road, Rajkot and/or first and exclusive charge on receivables of the Company by way of hypothecation to the extent of minimum 1.0 times of the outstanding principal and interest thereon. <BR> <BR> 6.Other equity include statutory reserve as per Section 45IC of Reserve Bank of India Act, 1934, balance in securities premium, retained earnings, ESOP reserve, cash flow hedge and Fair value changes of debt instruments measured at fair value through other comprehensive income <BR> <BR> 7.The Board of Directors in its meeting held on April 15, 2026 has recommended a final dividend of Rs.2 per equity share of face value of Rs.10 each for the financial year ended March 31, 2026, subject to the approval of the shareholders of the Company at its ensuing Annual General Meeting. <BR> <BR> 8.During the year ended March 31, 2026, the Company has raised equity capital through Initial Public Offer (IPO), of 16,89,18,917 equity shares of Rs. 10 each, comprising a fresh issue of 3,37,83,782 equity shares and 13,51,35,135 equity shares offered for sale by the selling shareholders. The equity shares were issued at a price of Rs 740 per equity share (including a Share Premium of Rs. 730 per equity share). Pursuant to the aforesaid allotment of equity shares, the issued, subscribed and paid- up capital of the Company stands increased to Rs 8,303 million (83,03,27,216 Equity shares of Rs 10 each) and securities premium stands increased to Rs.58,445 million (net of offer expenses Rs.434 million) as at March 31, 2026. The Company's equity shares were listed on National Stock Exchange of India Limited and on BSE Limited on July 02, 2025. <BR> <BR> 9.Details of loans transferred / acquired during the quarter ended March 31, 2026 under the Reserve Bank of India (Non-Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025 and Reserve Bank of India (Non-Banking Financial Companies – Financial Statements: Presentation and Disclosures) Directions, 2025 dated November 28, 2025 are given below: <BR> i.The company has not transferred Non-Performing Assets. <BR> ii.The company has not transferred any loan not in default. <BR> iii.The company has not acquired any special mention account. <BR> iv.The company has not acquired any stressed loan and loan not in default. <BR> <BR> 10.The Company does not have investment in any subsidiaries, associates, joint ventures or controlled structure entity during the year and thus requirement of the consolidated financial results for the quarter and year ended March 31, 2026 is not applicable. <BR> <BR> 11.Effective November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 collectively referred to as the ‘New Labour Codes’ - consolidating 29 existing labour laws. The Ministry of Labour & Employment has published draft Central Rules and FAQs on December 30, 2025, to facilitate assessment of the financial impact arising from these regulatory changes. Under IND AS 19, changes to employee benefit plans arising from the New Labour Codes constitute plan amendments and they are required to be treated as past service costs and recognised as an expense in the statement of profit and loss. Accordingly, the New Labour Codes has resulted in an estimated increase in provision for employee benefits of Rs.605 million and the same has been recognised under the head “Employee Benefit Expenses” in the year ended March 31, 2026.The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting treatment on the basis of such developments as needed. <BR> <BR> 12.The Company during the quarter and year ended March 31, 2026 has allotted equity shares of 2,89,036 and 7,67,089 respectively,face value of Rs.10 fully paid up, (for the quarter and year ended March 31, 2025 has allotted equity shares of 18,12,805 and 27,01,779 respectively) on exercise of options by eligible grantees, in accordance with the Employee Stock Option Schemes. <BR> <BR> 13.Read with RBI Direction - RBI/DOR/2025-26/347DOR.CRE.REC.No.266/07-01-008/2025-26 - Reserve Bank of India (Non-Banking Financial Companies-Credit Facilities) Directions, 2025 dated November 28, 2025 (as amended from time to time), the Company has not lent any funds during the quarter and year ended March 31, 2026 for project finance activities nor has any recoverable balance as at the same date. <BR> <BR> 14.Figures for the previous period/year have been regrouped wherever necessary, in order to make them comparable with current period / year.2025-04-012026-03-31AuditedStandalone157882910000000523600000-11500000012239100000136626000001842967100000184296710000000391364000006820150000020929000000002814780000012854900000150433500000338632100000338632100009300950000-875490000842546000025437750000000025437750000345000002547225000083032700001019833710000030.9730.880030.9730.880.050300Other financial charges3638100000Other financial charges13662600000Others expenses3422700000Others expenses1285490000012461200000427490000013373700000295960000001146895470000374761000005529500001217993920000009430800000002300800000000653400000613630000018521300000123651522000083032700001983371000002066403700002066403700005800000055280000012460000000032358997000059895197000006975905000026809710000102096750000092523000071517200000830400000890735000010298748500001236515220000Other Financial assets552950000Other non-financial assets6136300000Other financial liabilities26809710000Other non-financial liabilities830400000Lending Business44518830000BPO Services2935260000Lending Business172058000000BPO Services122391000004745409000018429710000047454090000184297100000Lending Business10048400000BPO Services206300000Lending Business33639990000BPO Services81243000010254700000344524200001421000005892000001011260000033863220000Lending Business1225208090000BPO Services1796130000122700422000095110000001236515220000Lending Business1025104340000BPO Services3013710000102811805000017568000001029874850000Remeasurement loss on defined benefit plan-94700000-94700000Remeasurement loss on defined benefit plan-251100000-251100000-23800000-63200000Change in fair value of debt instruments measured at fair value through other comprehensive income-752200000Movement in cash flow hedge reserve1520800000768600000Change in fair value of debt instruments measured at fair value through other comprehensive income-640000000Movement in cash flow hedge reserve9370000002970000001930000007460000050470000034500000661096000000-78620000000-9900000-141444710000-164573400000-25941800000002092700000281478000000002268771000000157882910000489900000-52360000000026454000000-197525730000-16366252000006897941000015568868000091037500000-86057000000004209887100004373000500000000265000001436100000000000000000000000000-17720940000002493591000000002009800000006314569300007474790100007047700002454920000000106734140000295620000002956200000950500000012461200000HDB FINANCIAL LTD******HDFC Bank Ltd.******PromoterSale of goods or services45000000000None5996800000996600000927000000HDB FINANCIAL LTD******HDFC Bank Ltd.******PromoterAny other transactionExpenses for receiving services1320000000None30080000010000000HDB FINANCIAL LTD******HDFC Bank Ltd.******PromoterAny other transactionExpenses for receiving services0This is Linked to the successful applications received for IPO through HDFC Bank1100000000HDB FINANCIAL LTD******HDFC Bank Ltd.******PromoterInterest paid0Interest will be charged as per the terms of issuance/ mutually agreed rates.294030000000HDB FINANCIAL LTD******HDFC Bank Ltd.******PromoterAny other transactionSecurities Sold/ redeemed180000000000None015000000001500000000HDB FINANCIAL LTD******HDFC Bank Ltd.******PromoterAny other transactionBorrowings Taken180000000000None195189000008712250000087673800000HDB FINANCIAL LTD******HDFC Bank Ltd.******PromoterAny other transactionBorrowings Repaid0As per the terms of Borrowings1895230000000HDB FINANCIAL LTD******HDFC Life Insurance Co. 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Apte & Co.true2026-11-30Public Issues2025-06-30250000000002026-03-31trueCARE Ratings LimitedfalseDipti Jayesh KhandelwalCompany Secretary and Compliance OfficerMumbai2026-04-15