FEDFINA2024-01-012024-03-31 FEDFINA2024-01-012024-03-31 FEDFINA2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member FEDFINA2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member FEDFINA2024-03-31 FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member FEDFINA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member FEDFINA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member FEDFINA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member FEDFINA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member FEDFINA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member FEDFINA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member FEDFINA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member FEDFINA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member FEDFINA2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member FEDFINA2024-03-31 FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member FEDFINA2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member FEDFINA2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member FEDFINA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member FEDFINA2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member FEDFINA2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member FEDFINA2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member FEDFINA2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member FEDFINA2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member FEDFINA2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member FEDFINA2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544027 FEDFINA NOTLISTED Fedbank Financial Services Limited Equity 2023-04-01 2024-03-31 2024-04-29 2024-04-19 INR Lakhs Yearly 2024-04-29 13:33:00 2024-04-29 14:10:00 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Standalone 3838400000.00 0.00 0.00 181500000.00 55900000.00 0.00 0.00 0.00 4075800000.00 201500000.00 4277300000.00 0.00 0.00 0.00 857800000.00 1733200000.00 94800000.00 70600000.00 0.00 0.00 177300000.00 435100000.00 3368800000.00 908500000.00 0.00 908500000.00 215900000.00 16000000.00 231900000.00 676600000.00 0.00 0.00 0.00 0.00 676600000.00 257500000.00 934100000.00 0.00 0.00 3693900000.00 10 1.83 1.81 0.00 0.00 1.83 1.81 0.04 0.00 0.00 1.TheCompanyisaSystemicallyImportantNonDeposittakingNonBankingFinanceCompany(NBFC-ND-SI)registeredwithReserveBankofIndia(RBI)classifiedasanInvestment and Credit Company. 2.TheaforesaidfinancialresultshavebeenpreparedinaccordancewiththerecognitionandmeasurementprincipleslaiddowninIndianAccountingStandards(IndAS),prescribedundersection133oftheCompaniesAct,2013(theAct),asamendedfromtimetotimeandotherrecognisedaccountingpracticesgenerallyacceptedinIndiaandareincompliancewithRegulation33,Regulation52(4)readwithRegulation63oftheSecuritiesandExchangeBoardofIndia(ListingObligationandDisclosureRequirements)Regulation,2015asamended(theListingRegulations),asprescribedinSecuritiesandExchangeBoardofIndiaoperationalcircularSEBI/HO/DDHS/P/CIR/2021/613datedAugust10,2021.Anyapplicationguidance/clarification/directionsissuedbyRBIorotherregulatorsareimplementedasandwhentheyareissued/applicable.Theannualfinancialstatements,usedtopreparethefinancialresults,arebasedonthenotifiedScheduleIlloftheAct,asamendedfrom time to time, for Non-Banking Financial Companies that are required to comply with Ind AS. 3.The aforesaid financial results have been approved by the Board of Directors at its meeting held on April 29, 2024 after review by the Audit Committee. The statutory auditors have issued an unmodified audit opinion on the aforesaid financial results for the year ended March 31, 2024. 4.ThefiguresforthequarterendedMarch31,2024andMarch31,2023intheabovefinancialresultsarethebalancingfiguresbetweentheauditedfiguresfortheyearendedMarch31,2024andMarch31,2023andtheyeartodateunauditedfigurespublisheduptoninemonthsendedDecember31,2023andDecember31,2022respectively. 5.Disclosure in compliance with RBI circular 2020-21/16 DOR.No.BP.BC/3/21.04.048/2020-21 6.Disclosure in compliance with RBI circular 2020-21/17 DOR.No.BP.BC/4/21.04.048/2020-21 No. of accounts restructured Amount outstanding as at Mar 31, 2024 12 907 7.Security cover available: The Company has secured NCDs of Rs 281.25 Crs (face value) outstanding at March 31, 2024 which are secured by way of first ranking pari passu charge over the eligible receivables and current assets to the extent of security cover of 1.10 times of the obligations 8.TheCompany’sequityshareshavebeenlistedonNationalStockExchange(“NSE”)andonBSELimited(“BSE”)onNovember30,2023onaccountofcompletionoftheInitialPublicOffering(IPO) consistingoffreshissueof4,28,81,148equitysharesamountingtoRs.60,000lakhsandthroughanofferforsaleof3,51,61,723equitysharesamountingtoRs.49,226lakhs. 9.During the quarter ended 31st March, 2024, 4,29,811 Equity shares of face value of Rs. 10/- each were allotted to employees pursuant to exercise of stock options by such employees. Further, after Listing, Fedbank Financial Services Limited- Employee Stock Option Scheme, 2018, as amended was ratified by the shareholders in the Extra Ordinary General Meeting held on 22nd Feb, 2024. 10.The accounting policy adopted for the financial results for year ended March 31,2024 is consistent with previous year. Multi segment 2023-04-01 2024-03-31 Audited Standalone 14916800000.00 0.00 0.00 656400000.00 198900000.00 0.00 0.00 0.00 15772100000.00 457900000.00 16230000000.00 0.00 0.00 0.00 3178200000.00 6795600000.00 373500000.00 228700000.00 0.00 0.00 658500000.00 1714700000.00 12949200000.00 3280800000.00 0.00 3280800000.00 768700000.00 65100000.00 833800000.00 2447000000.00 0.00 0.00 0.00 0.00 2447000000.00 520600000.00 2967600000.00 0.00 0.00 3693900000.00 10 7.22 7.12 0.00 0.00 7.22 7.12 0.04 0.00 0.00 Other expenses 435100000.00 Other expenses 1714700000.00 1855400000.00 0.00 0.00 297600000.00 47600000.00 98224500000.00 7512800000.00 1422400000.00 109360300000.00 0.00 103300000.00 21900000.00 0.00 0.00 1414400000.00 2700000.00 0.00 0.00 41200000.00 434600000.00 2018100000.00 111378400000.00 3693900000.00 18914400000.00 22608300000.00 11200000.00 0.00 0.00 121500000.00 0.00 0.00 3019200000.00 74370900000.00 0.00 4755900000.00 5788800000.00 88067500000.00 0.00 94900000.00 0.00 607700000.00 702600000.00 111378400000.00 Distribution 103900000.00 Retail Finance 3824800000.00 Unallocated 347500000.00 Wholesale Finance 1100000.00 Distribution 365700000.00 Retail Finance 14849500000.00 Unallocated 993800000.00 Wholesale Finance 21000000.00 4277300000.00 16230000000.00 4277300000.00 16230000000.00 Distribution 4600000.00 Retail Finance 552600000.00 Unallocated 376700000.00 Wholesale Finance -25400000.00 Distribution 16600000.00 Retail Finance 2568800000.00 Unallocated 737400000.00 Wholesale Finance -42000000.00 908500000.00 3280800000.00 908500000.00 3280800000.00 Distribution 47600000.00 Retail Finance 111055800000.00 Unallocated 125200000.00 Wholesale Finance 149800000.00 111378400000.00 Distribution 18400000.00 Retail Finance 88641000000.00 Unallocated 0.00 Wholesale Finance 110700000.00 88770100000.00 Re-measurement of net defined benefit plan -7200000.00 Re-measurement of net defined benefit plan -5900000.00 -7200000.00 -5900000.00 -1800000.00 -1500000.00 Fair value gain/ (loss) OCI Loans 352200000.00 Fair value gain/ (loss) OCI Investment in Government Securities 600000.00 Fair value gain/ (loss) OCI Loans 704600000.00 Fair value gain/ (loss) OCI Investment in Government Securities -800000.00 352800000.00 703800000.00 89900000.00 178800000.00 257500000.00 520600000.00 6795600000.00 0.00 -155300000.00 0.00 0.00 -198100000.00 0.00 0.00 0.00 -139400000.00 0.00 0.00 0.00 373500000.00 0.00 27000000.00 0.00 1016100000.00 0.00 0.00 0.00 0.00 45600000.00 0.00 0.00 -536000000.00 0.00 366300000.00 0.00 7595300000.00 10876100000.00 0.00 0.00 0.00 752300000.00 -17879000000.00 -7755200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 700000.00 113900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 193700000.00 0.00 -1058100000.00 0.00 -1000900000.00 0.00 0.00 5992400000.00 0.00 0.00 0.00 0.00 0.00 64817000000.00 54311200000.00 0.00 405600000.00 0.00 6420700000.00 0.00 0.00 9671900000.00 915800000.00 0.00 915800000.00 939600000.00 1855400000.00