| PARTICULARS |
Quarter
ended
30.9.2011 |
Quarter
ended
30.9.2010 |
Half Year ended
30.9.2011 |
Half Year ended
30.9.2010 |
Year ended
31.3.2011 |
| |
(Reviewed) |
(Audited) |
| |
Rupees in Crores |
| Income from Operations |
4,077.05 |
2,906.55 |
7,877.72 |
5,703.68 |
12,493.19 |
| Profit on Sale of Investments |
86.88 |
58.95 |
103.14 |
58.95 |
359.74 |
| Other Income |
5.21 |
4.72 |
9.88 |
9.54 |
25.14 |
| Total Income |
4,169.14 |
2,970.22 |
7,990.74 |
5,772.17 |
12,878.07 |
| Expenditure : |
|
|
|
|
|
| -Interest and Other Charges |
2,690.51 |
1,717.55 |
5,205.44 |
3,437.14 |
7,559.94 |
| - Staff Expenses |
52.58 |
46.96 |
105.34 |
92.11 |
175.53 |
| - Other Expenses |
83.52
|
67.76 |
157.44 |
134.37 |
256.44 |
| - Depreciation |
4.83 |
4.41 |
9.29 |
8.42 |
19.20 |
| Total Expenditure |
2,831.44 |
1,836.68 |
5,477.51 |
3,672.04 |
8,011.11 |
| Profit Before Tax |
1,337.70 |
1133.54 |
2,513.23 |
2,100.13 |
4,866.96 |
| Tax Expense |
367.00 |
326.00 |
698.00 |
598.00 |
1,332.00 |
| Profit After Tax |
970.70 |
807.54 |
1,815.23 |
1,502.13 |
3,534.96 |
| Earnings per Share - (Rs) |
|
|
|
|
|
| - Basic |
6.60 |
5.53 |
12.35 |
10.33 |
24.18 |
| - Diluted |
6.49 |
5.45 |
12.14 |
10.16 |
23.66 |
| Debenture Redemption Reserve |
|
|
- |
- |
- |
| Debt Equity Ratio |
|
|
6.7 |
6.4 |
6.7 |
| Ineterest Service Coverage Ratio |
|
|
0.12 |
0.14 |
0.17 |
Paid-up Equity Share Capital
(Face Value Rs 2) |
|
|
294.44 |
292..02 |
293.37 |
| Paid-up Debt Capital |
|
|
1,25,102.72 |
1,09,174.98 |
1,15,410.48 |
| Reserves as at March 31 |
|
|
|
|
17,023.14 |
| Public Shareholding : |
|
|
|
|
|
| - Number of Shares |
|
|
147,22,15,960 |
146,01,29,450 |
146,68,86,690 |
| - Percentage of Shareholding |
|
|
100 |
100 |
100 |
Promoters and promoter group
shareholding |
|
|
|
|
|
| a) Pledged/Encumbered |
|
|
|
|
|
| - Number of Shares |
- |
- |
- |
- |
- |
| - Percentage of Shares (to total promoter holding) |
- |
- |
- |
- |
- |
| - Percentage of Shares (to total share capital) |
- |
- |
- |
- |
- |
| b) Non-Encumbered |
|
|
|
|
|
| - Number of Shares |
- |
- |
- |
- |
- |
| - Percentage of Shares (to total promoter holding) |
- |
- |
- |
- |
- |
| - Percentage of Shares (to total share capital) |
- |
- |
- |
- |
- |
Notes:
- Statement of Assets and Liabilities as per clause 41(V) of the listing agreement.
| PARTICULARS |
AS AT |
| |
|
30.9.2011 |
30.9.2010 |
| |
( Reviewed) |
( Reviewed) |
| |
Rupees in Crores |
| FUNDS EMPLOYED |
|
|
|
| |
|
|
|
| SHAREHOLDERS' FUNDS |
|
|
|
| Share Capital |
294.44 |
|
292.02 |
| Reserves and Surplus |
18,397.08 |
|
16,888.66 |
| |
|
18,691.52 |
17,180.68 |
| LOAN FUNDS |
|
1,25,102.72 |
1,09,174.98 |
| |
|
1,43,794.24 |
1,26,355.66 |
| APPLICATION OF FUNDS |
|
|
|
| LOANS |
|
1,26,992.40 |
1,06,287.47 |
| INVESTMENTS |
|
14,980.35 |
17,558.99 |
| DEFERRED TAX ASSET (Net) |
|
580.45 |
311.00 |
| CURRENT ASSETS, LOANS AND ADVANCES |
7820.77 |
|
6,642.45 |
| Less: CURRENT LIABILITIES AND PROVISIONS |
6814.36 |
|
4,667.07 |
| |
|
1,006.41 |
1,975.38 |
| FIXED ASSETS: |
|
|
|
| Gross Block |
548.42 |
|
530.37 |
| Less: Depreciation |
313.79 |
|
307.55 |
| |
|
234.63 |
222.82 |
| |
|
1,43,794.24 |
1,26,355.66 |
-
As at September 30, 2011, the loan book stood at Rs 1,26,992 crores as against Rs 1,06,287 crores in the Previous Year. This is after considering the loans sold during the preceding 12 months amounting to Rs 4,989 crores.
- During the quarter, an amount of Rs. 254.68 crores (Net of Deferred tax) has been utilized from the Additional Reserve created under section 29C of the National Housing Bank Act 1987 to meet the additional provision required consequent to changes in provisioning norms mainly on standard assets prescribed by NHB vide Direction No. NHB.HFC.DIR.3/CMD/2011 dated August 5,2011.
-
The Corporation's main business is financing by way of loans. All other activities of the Corporation revolve around the main business. As such, there are no separate reportable segments, for the Corporation, as per the Accounting Standard on Segment Reposting (AS 17), notified by the Companies (Accounting Standards) Rules, 2006.
-
During the quarter ended September 30, 2011, the Corporation has allotted 22,85,260 equity shares of Rs. 2 each pursuant to exercise of stock options by certain employees / directors.
-
There was no investor complaint that was unresolved as on July 1, 2011. During the quarter, the Corporation received eight (8) investor complaints, all of which were resolved and as such there was no unresolved investor complaint as at the end of the said quarter.
-
Figures for the previous period have been regrouped wherever necessary, in order to make them comparable.
The above results for the half year ended September 30,2011, which have been subject to a Limited Review by the Auditors of the Corporation, were reviewd by the Audit Committee of Directors and subsequently approved by the Board of Directors at its meeting held on October 17,2011, in terms of Clause 41 of the Listing Agreement.
Deepak S Parekh
Chairman
|
Investor Relations
