CANFINHOME2021-10-012021-12-31in-bse-fin:OneOperatingExpenses01Member CANFINHOME2021-10-012021-12-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares CANFINHOME 2021-04-01 2022-03-31 2022-01-10 INR Lakhs Third quarter false Single segment HOUSING FINANCE 2021-10-01 2021-12-31 Unaudited Standalone 5020344000.00 0.00 0.00 62355000.00 0.00 0.00 0.00 0.00 5082699000.00 2129000.00 5084828000.00 0.00 0.00 0.00 214434000.00 2961089000.00 26883000.00 78075000.00 0.00 0.00 163594000.00 84083000.00 3528158000.00 1556670000.00 0.00 1556670000.00 419512000.00 -19764000.00 399748000.00 1156923000.00 0.00 0.00 0.00 0.00 1156923000.00 -3542000.00 1153381000.00 0.00 0.00 266331000.00 2 8.69 8.69 0.00 0.00 8.69 8.69 0.08 0.00 0.02 1.As required by Ind AS 109, the company has developed a model to calculate expected credit losses ( ECL). Summary results from this model indicate that the company is carrying provisions in excess of its requirements. The Company is required to provide provisions as per prudential norms prescribed by NHB/RBI. The provisions held as per NHB norms are in excess of the provision required as per the ECL model. 2.The Company's main business is to provide loans for the purchase and construction of residential houses. The Company is also involved in the corporate insurance agency business activity; however it is not a separate reportable segment as per the Ind AS 108 “Operating Segments”, specified under Section 133 of the Companies Act, 2013. 3.Disclosure as per the Reg. 54(2) of SEBI (LODR) Regulations, 2015 the Company has maintained 100% Asset Cover on its secured redeemable non-convertible debentures as on December 31, 2021 (floating charge on hypothecation of book debts and receivables). That proceeds of the NCDs were used for the objects that were stated in the offer document(s). 4.The Board of Directors had declared an interim dividend of Rs 1.50 per share for equity share of face value of Rs 2 each at their meeting held on December 14, 2021 and paid subsequently. 5.Consequent to the outbreak of the COVID-19 pandemic, the Indian government announced a lockdown in April-May 2020. Subsequently, the national lockdown was lifted by the government, but regional lockdowns continue to be implemented in areas with significant number of COVID-19 cases. India experienced the second wave of COVID -19 pandemic in April-May 2021 and has resulted in re-imposition of localised lockdowns in various parts of the Country. These were gradually lifted as the second wave subsided. The world is now experiencing another outbreak on account of new coronavirus variant and as a precautionary measure India has started to reimpose localised / regional restrictions. The impact on the Company’s operations and financial position, including the credit quality and requirement for provisioning, is uncertain and will depend on future steps taken by the Government/Reserve Bank of India till such time that the economic activities return to normalcy, which is highly unpredictable. The Company will continue to closely monitor any material changes to the future economic/regulatory conditions. However, operating substantially in asset mortgage business, which is relatively stable asset class, no major impact is anticipated at this juncture. 6. Details of resolution plan implemented under the RBI Resolution Framework - 2.0: Resolution of COVID-19 related stress of Individuals and Small Businesses dated May 5, 2021 are given below: There were 431 borrower accounts having an aggregate exposure of Rs 6,231.23 lakhs to the Company, where resolution plans had been implemented under RBI's Resolution Framework 1.0 dated August 6, 2020 and now modified under RBI's Resolution Framework 2.0 dated May 5, 2021. 7.Pursuant to the RBI circular dated November 12, 2021 Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances - Clarifications, the Company has implemented the requirements and aligned its definition of default accordingly. There is no significant impact on the financial results for the quarter and nine months ended December 31, 2021. 8.The Statutory Auditors of the Company have carried out a limited review of the financial results for the quarter and nine months ended December 31, 2021 in compliance of Reg.33 and 52 of SEBI (LODR) Regulations, 2015. The above financial results have been reviewed and recommended by the Audit Committee of the Board and subsequently approved by the Board of Directors at its meeting held on January 25, 2022. 9.Previous period / year figures have been re-grouped wherever necessary. For full notes please refere to the results filed with stock exchanges. Single segment 2021-04-01 2021-12-31 Unaudited Standalone 14138310000.00 0.00 0.00 130128000.00 0.00 0.00 0.00 0.00 14268438000.00 3677000.00 14272115000.00 0.00 0.00 0.00 585216000.00 8349635000.00 75760000.00 168919000.00 0.00 0.00 167015000.00 218402000.00 9564947000.00 4707168000.00 0.00 4707168000.00 1207064000.00 18324000.00 1225388000.00 3481780000.00 0.00 0.00 0.00 0.00 3481780000.00 -8150000.00 3473630000.00 0.00 0.00 266331000.00 2 25831746000.00 26.15 26.15 0.00 0.00 26.15 26.15 0.08 0.00 0.02 Other expenses 84083000.00 Other expenses 218402000.00 0.00 0.00 0.00 0.00 -3542000.00 -8150000.00