ಹಣಕಾಸಿನ

GIC HOUSING FINANCE LTD.
CIN: L65922MH1989PLC054583
Regd. Office : 6th Floor, National Insurance   Building, 14, Jamshedji Tata Road, Churchgate, Mumbai - 400 020.
Statement of Audited Standalone Financial Results For the Quarter and   Year Ended March 31, 2025
							(₹ in Lakh)
Sr.      No.	Particulars		Quarter Ended			Year Ended
			31-03-2025	31-12-2024	31-03-2024	31-03-2025	31-03-2024
			(Audited)	(Reviewed)	(Audited)	(Audited)	(Audited)
1	Revenue   from operations
	(i)	Interest Income	26,703	26,514	25,593	1,04,926	1,04,272
	(ii)	Dividend Income	-	-	-	15	13
	(iii)	Fees and Commission Income	130	138	165	549	516
	(iv)	Other Operating Income	334	274	245	2,401	915
	Total   Revenue from operations		27,167	26,926	26,003	1,07,891	1,05,716
		Other Income	414	95	550	997	1,248
	Total Income		27,581	27,021	26,553	1,08,888	1,06,964
2	Expenses
	(i)	Finance Cost	17,356	17,855	17,233	70,296	71,038
	(ii)	Net Loss on De-recognition of   Financial Instruments under Amortised Cost Category	10	11	(1)	31	15
	(iii)	Impairment of Financial   Instruments, including write-off	(736)	(152)	(2,206)	1,652	1,821
	(iv)	Employee Benefits Expenses	2,031	1,689	1,551	7,023	6,342
	(v)	Depreciation & Amortisation   Expenses	384	378	383	1,501	1,502
	(vi)	Other Expenses	1,682	1,603	1,683	6,442	5,855
	Total Expenses		20,727	21,384	18,643	86,945	86,573
3	Profit before   exceptional items and tax (1-2)		6,854	5,637	7,910	21,943	20,391
4	Exceptional items   (refer note 10)		1,306	-	-	1,306	-
5	Profit before tax   (3-4)		5,548	5,637	7,910	20,637	20,391
6	Tax expense
	(i)	Current Tax	1,700	600	1,275	4,450	4,225
	(ii)	Deferred tax (Net)	339	73	1,251	170	1,025
	(iii)	Tax of Earlier Period (Net)	-	-	25	-	25
7	Net Profit for the   period (5-6)		3,509	4,964	5,359	16,017	15,116
8	Other comprehensive   Income
	A. Items that will   not be reclassified to profit or loss
	(i)	Remeasurement Gain / (Loss) on   defined benefit plan	5	(64)	2	(92)	(51)
	(ii)	Net Gain on equity instrument   designated at FVTOCI	(40)	16	73	68	373
	(iii)	Income tax relating to items   that will not be reclassified to profit or loss	9	12	(19)	6	(81)
	B. Items that will be   reclassified to profit or loss		-	-	-	-	-
	Total other   comprehensive Income (A+B)		(26)	(36)	56	(18)	241
9	Total Comprehensive   Income (7+8)		3,483	4,928	5,415	15,999	15,357
10	Paid up Equity Share   Capital (Face value ₹ 10/-)		5,385	5,385	5,385	5,385	5,385
11	Reserves as at 31st   March		-	-	-	1,91,053	1,77,477
12	Earning Per Share   (EPS) on Face Value ₹ 10/-
	Basic and Diluted Earning Per Share (Face value ₹ 10/-)      (The EPS for the Quarters are not annualised)		6.52	9.22	9.95	29.74	28.07

       

Notes to the Standalone Financial Results:

1	Statement of   Standalone Assets and Liabilities
			(₹ in Lakh)
Sr.No.	Particulars	As at	As at
		31-03-2025	31-03-2024
		(Audited)	(Audited)
	ASSETS
1	Financial Assets
(a)	Cash and cash equivalents	5,338	3,575
(b)	Bank balance other than cash and cash   equivalent	421	409
(c)	Receivables
	(i) Trade Receivables	23	38
(d)	Loans	10,21,231	9,98,536
(e)	Investments	25,479	16,920
(f)	Other financial assets	350	256
	Total - Financial Assets	10,52,842	10,19,734
2	Non-financial assets
(a)	Current tax assets (net)	372	3,575
(b)	Deferred tax assets (net)	7,250	7,414
(c)	Property, plant and equipment	312	347
(d)	Right Of Use Assets	2,119	1,897
(e)	Intangible Assets Under Development	1,136	1,005
(f)	Other intangible assets	244	2,119
(g)	Other non-financial assets	1,457	970
(h)	Assets Held for Sale	11,761	9,981
	Total - Non Financial Assets	24,651	27,308
	Total Assets	10,77,493	10,47,042
	LIABILITIES AND EQUITY
	LIABILITIES
1	Financial liabilities
(a)	Lease Liabilities	2,328	2,111
(b)	Payables
	(i) Trade Payable
	-Total outstanding dues of micro enterprises and small   enterprises	123	4
	-Total outstanding dues of creditors other than micro   enterprises and small enterprises	1,004	1,035
(c)	Debt securities	1,35,411	73,044
(d)	Borrowings (other than debt   securities)	7,37,320	7,83,285
(e)	Other financial liabilities	1,666	1,699
	Total - Financial Liabilities	8,77,852	8,61,178
2	Non-financial liabilities
(a)	Current tax liabilities (Net)	315	167
(b)	Provisions	2,174	2,072
(c)	Other Non Financial Liabilities	711	760
	Total - Non Financial Liabilities	3,200	2,999
3	Equity
(a)	Equity Share Capital	5,388	5,388
(b)	Other Equity	1,91,053	1,77,477
	Total - Equity	1,96,441	1,82,865
	Total Liabilities and Equity	10,77,493	10,47,042

       

2   Standalone Cash Flow Statement		(₹ in Lakh)
Particulars	FOR THE YEAR ENDED	FOR THE YEAR ENDED
	31-03-2025	31-03-2024
	(Audited)	(Audited)
A.Cash   Flow From Operating Activities :
Profit   Before Tax	20,637	20,391
Adjustments   For :
Depreciation   And Amortisation	1,501	1,502
Impairment   of Financial Instruments (excluding impairment loss allowance on cash &   cash equivalents)	1,650	1,821
Exceptional   Item (refer note 10)	1,306	-
Interest   and Dividend Income	(1,04,941)	(1,04,285)
Interest   Expenses	70,296	71,038
Fees   & Commission Income	(549)	(516)
(Profit)/Loss   On Sale Of Fixed Assets (Net)	18	-
(Profit)/Loss   On Sale Of Investments	(24)	(271)
Remeasurement   Gain/(loss) on Defined Benefit Plan	(92)	(51)
Operating   Profit Before Working Capital Changes	(10,198)	(10,371)
Adjustments   For :
(Increase)/Decrease   In Non Financial Assets	1,998	(44)
(Increase)/Decrease   In Other Financial Assets	(125)	7
(Increase)/Decrease   In Other Non Financial Assets	(487)	(382)
(Increase)/Decrease   In Bank Balance other than cash & cash equivalents	(11)	1,515
Increase/(Decrease)   In Other Non Financial Liabilities	201	443
Increase/(Decrease)   In Trade Payables	87	241
Increase/(Decrease)   In Other Financial Liabilities	943	127
Operating   Profit After Working Capital Changes	(7,592)	(8,464)
Adjustments   For :
(Increase)/Decrease   Housing Loans	(24,134)	32,414
Asset   held for Sale	(1,780)	(2,350)
Fees   & Commission Received	564	504
Interest   Received	1,04,746	1,04,324
Interest   Paid	(69,322)	(70,242)
Taxes   Paid	(4,262)	(3,986)
Net   Cash Generated/(Used) From Operating Activity	(1,780)	52,200
B:Cash   Flow From Investment Activities
Payments   for Property, Plant & Equipments	(134)	(219)
Proceeds   from Sale of Property, Plant & Equipments	15	6
Payments   for Intangible assets Under Developments	(131)	(181)
Purchase   Of Investments	(1,34,891)	(2,70,590)
Sale Of   Investments	1,26,424	2,77,321
Dividend   Received	15	13
Net   Cash Generated/(Used) From Investing Activity	(8,702)	6,350
C: Cash   Flow From Financing Activities
Proceeds   From Borrowings and Debt Securities	7,78,742	5,39,501
Repayment   of Borrowings and Debt Securities	(7,63,147)	(5,98,075)
Dividend   Paid On Equity Shares	(2,423)	(2,423)
Payment   of lease liabilities	(927)	(942)
Net   Cash Generated/(Used) From Financing Activity	12,245	(61,939)
Net   Increase/(Decrease) Of Cash & Cash Equivalents (A+B+C)	1,763	(3,389)
Cash   & Cash Equivalents As At Beginning of the year	3,575	6,964
Cash   & Cash Equivalents As At the End of the Period	5,338	3,575

       

Notes to Standalone Financial Results:
3	The above audited   standalone financial results have been prepared in accordance with and comply   in all material aspects with the Indian Accounting Standards ("Ind   AS") as prescribed under Section 133 of the Companies Act, 2013 read   with Companies (Indian Accounting Standards) Rules, 2015 (as amended) and   other accounting principles generally accepted in India and in compliance   with Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and   Disclosure Requirements) Regulations, 2015, as amended.
4	The Board has   recommended a dividend of ₹. 4.5 per equity share of ₹ 10/- each (45%)   subject to approval of the members of the company at the forthcoming Annual   General Meeting.
5	The main business of   the Company is to provide loans for purchase or construction of residential   houses. All other activities of the Company revolve around the main business   and accordingly there are no separate reportable segments, as per the Ind AS   108- Operating Segments.
6	Disclosure as   required under RBI Circular No. RBI/2020-21/16   DOR.No.BP.BC/3/21.04.048/2020-21 dated August 6, 2020 pertaining to Resolution Framework for   COVID-19 related Stress read with circular RBI/2021-22/31 DOR.STR.REC.11/21.04.048/2021-22   dated May 5, 2021 pertaining to Resolution Framework - 2.0 :
							₹ in Lakh
	Type of   borrower		(A)	(B)	(C)	(D)	(E)
			Exposure   to Accounts classified as Standard consequent to a Implementation of   resolution plan at September 30, 2024	of   ( A ) , aggregate debt that slipped Into NPA during the half year	of   ( A ) , amount written off during the half year	of ( A ) , amount   paid by the borrowers during the half   year	Exposure   to Accounts classified as Standard consequent to a Implementation of   resolution plan - Position as at March 31, 2025
	Personal loan		2,575	20	-	207	2,348
	Corporate persons		-	-	-	-	-
	Of which , MSMES		-	-	-	-	-
	Others		-	-	-	-	-
	Total		2,575	20	-	207	2,348
7	There are no loans   transferred / acquired during the quarter and year ended March 31, 2025 under   the RBI Master direction on Transfer of Loan Exposure dated September 24,   2021.
8	Information as   required by Regulation 52(4) of the Securities and Exchange Board of India   (Listing Obligations and Disclosure Requirements) Regulations, 2015 is   attached as Annexure I.
9	Pursuant to   Regulations 54 of SEBI (Listing obligations and Disclosure Requirements)   Regulations, 2015, all Secured Non-Convertible Debentures (NCDs) issued by   the Company and outstanding as on March 31, 2025 are fully secured by way of   charge on identified receivables of the company. Accordingly, the Company is   maintaining asset cover of 1x or such higher asset cover required as per the   terms of offer document.
10	During the year ended   March 31, 2025 the Company has reviewed, assessed and written off the Loan   Origination System (LOS) software, classified under intangible assets, with a   carrying value of ₹ 1,306 lakh as at reporting date and in accordance with    Ind AS 1 – Presentation of Financial Statements, the carrying value of the   asset has been charged to the Statement of Profit and Loss as an exceptional   item, considering the nature, frequency and materiality of the transaction.
11	In compliance with   Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and   Disclosure Requirements) Regulations, 2015, the above standalone financial   results for the quarter and year ended March 31, 2025 have been audited by   the Statutory Auditors of Company, reviewed and recommended by the Audit   Committee and subsequently approved by the Board of Directors at their   respective meeting held on May 16, 2025.
12	The figures for the   quarter ended March 31, 2025 and March 31, 2024 are the balancing figures   between audited figures in respect of the year ended March 31, 2025 and March   31, 2024 and the reviewed figures in respect of nine months ended December   31, 2024 and December 31, 2023 respectively.
13	Other Operating   Income for the year ended March 31, 2025 includes Rs. 1,202.14 Lakh towards   Bad debts recovery.
14	The figures for the   previous periods / year have been regrouped / reclassified wherever necessary   in order to make them comparable with figures for the quarter and year ended   March 31, 2025.
						For and on behalf of the   Board
						Sachindra Salvi
						Managing Director &   CEO
						DIN : 10930663
	Place : Mumbai
	Date : May 16, 2025

       

Annexure - I of Standalone Financial Results
Sr.   No.	Ratio	Quarter Ended			Year Ended
		31-03-2025	31-12-2024	31-03-2024	31-03-2025	31-03-2024
		(Audited)	(Reviewed)	(Audited)	(Audited)	(Audited)
a	Debt- Equity Ratio   (in times)	4.44	4.50	4.68	4.44	4.68
b*	Debt-Service Coverage   Ratio	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
c*	Interest Service   Coverage Ratio	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
d	Outstanding   redeemable preference shares (quantity and value)	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
e	Capital redemption   reserve / Debenture redemption reserve	-	-	-	-	-
f	Net worth (₹ in Lakh)	1,96,441	1,92,957	1,82,865	1,96,441	1,82,865
g	Net Profit after tax   (₹ in Lakh)	3,509	4,964	5,359	16,017	15,116
h	Earning per share   (not annualised)
	1. Basic	6.52	9.22	9.95	29.74	28.07
	2. Diluted	6.52	9.22	9.95	29.74	28.07
i*	Current Ratio	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
j*	Long term debt to   working capital	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
k	Bad debts to Account   receivable ratio (Not annualised)	0.06%	-	0.16%	0.06%	0.16%
l*	Current Liability   Ratio	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
m	Total debts to total   assets (%)	81.00%	81.21%	81.79%	81.00%	81.79%
n*	Debtors turnover	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
o*	Inventory turnover	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
p*	Operating Margin (%)	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
q	Net Profit Margin (%)	12.72%	18.37%	20.18%	14.71%	14.13%
r	Sector specific   equivalents ratios, as applicable
	i. Stage 3 Ratio (%)	3.03%	3.47%	3.72%	3.03%	3.72%
	ii. Provision   Coverage Ratio (%)	36.07%	36.80%	32.55%	36.07%	32.55%
Formula   for Computation of ratios are as follows:
a	Debt equity ratio =   (Debt Securities + Borrowings [Other than Debt Securities]) / Networth
f	Networth = Equity Share Capital   + Other Equity
k	Bad Debts to Account   Receivable ratio = Bad Debts Written Off / (Average Gross Loan Book + Average   Gross Trade Receivables)
m	Total debts to total   assets (%) = (Debt Securities + Borrowings [Other than Debt Securities]) /   Total Assets
q	Net Profit Margin (%) = Net   Profit after tax/ Total Income
r	i. Stage 3 Ratio (%) =   Gross Stage III Loan outstanding / Total Loan Outstanding
r	ii. Provision Coverage   Ratio (%) = Allowance for bad and doubtful debts for Gross Stage III Loan   Book / Gross Stage III Loan Book
*	Since the   Company is a Housing Finance Company ('HFC'), disclosure of Debt service   coverage ratio, Interest service coverage ratio, Current ratio, Long term   debt to working capital, Current liability ratio, Debtors turnover ratio,   Inventory turnover ratio and Operating Margin Ratio are not applicable since   the Company is engaged in financing activities.

GIC HOUSING FINANCE LTD.
CIN: L65922MH1989PLC054583
Regd. Office : 6th Floor, National Insurance   Building, 14, Jamshedji Tata Road, Churchgate, Mumbai - 400 020.
Statement of Audited Consolidated Financial   Results for the Quarter and Year Ended March 31, 2025
							(₹ in Lakh)
Sr.      No.	Particulars		Quarter Ended			Year Ended
			31-03-2025	31-12-2024	31-03-2024	31-03-2025	31-03-2024
			(Audited)	(Reviewed)	(Audited)	(Audited)	(Audited)
1	Revenue from   operations
	(i)	Interest Income	26,703	26,514	25,593	1,04,926	1,04,272
	(ii)	Dividend Income	-	-	-	15	13
	(iii)	Fees and Commission Income	130	138	165	549	516
	(iv)	Other Operating Income	334	274	245	2,401	915
	Total Revenue from   operations		27,167	26,926	26,003	1,07,891	1,05,716
		Other Income	416	96	551	1,003	1,252
	Total Income		27,583	27,022	26,554	1,08,894	1,06,968
2	Expenses
	(i)	Finance Cost	17,356	17,855	17,233	70,296	71,038
	(ii)	Net Loss on De-recognition of   Financial Instruments under Amortised Cost Category	10	11	(1)	31	15
	(iii)	Impairment of Financial   Instruments, including write-off	(736)	(152)	(2,206)	1,652	1,821
	(iv)	Employee Benefits Expenses	2,196	1,833	1,576	7,426	6,400
	(v)	Depreciation & Amortisation   Expenses	384	378	383	1,501	1,502
	(vi)	Other Expenses	1,505	1,450	1,648	6,012	5,776
	Total Expenses		20,715	21,375	18,633	86,918	86,552
3	Profit before   exceptional items and tax (1-2)		6,868	5,647	7,921	21,976	20,416
4	Exceptional items (refer note 9)		1,306	-	-	1,306	-
5	Profit before tax (3-4)		5,562	5,647	7,921	20,670	20,416
6	Tax expense
	(i)	Current Tax	1,703	603	1,278	4,458	4,231
	(ii)	Deferred tax (Net)	339	73	1,251	170	1,025
	(iii)	Tax of Earlier Period (Net)	-	-	25	-	25
7	Net Profit for the period (5-6)		3,520	4,971	5,367	16,042	15,135
8	Other comprehensive Income
	A. Items that will   not be reclassified to profit or loss
	(i)	Remeasurement Gain / (Loss) on   defined benefit plan	5	(64)	2	(92)	(51)
	(ii)	Net Gain on equity instrument   designated at FVTOCI	(40)	16	73	68	373
	(iii)	Income tax relating to items   that will not be reclassified to profit or loss	9	12	(19)	6	(81)
	B. Items that will be   reclassified to profit or loss		-	-	-	-	-
	Total other comprehensive Income (A+B)		(26)	(36)	56	(18)	241
9	Total Comprehensive Income (7+8)		3,494	4,935	5,423	16,024	15,376
	Net Profit for the period attributable to:
	(i)	Owners of the Company	3,520	4,971	5,367	16,042	15,135
	(ii)	Non-Controlling Interest	-	-	-	-	-
	Other Comprehensive Income attributable to:
	(i)	Owners of the Company	(26)	(36)	56	(18)	241
	(ii)	Non-Controlling Interest	-	-	-	-	-
	Total   Comprehensive Income attributable to:
	(i)	Owners of the Company	3,494	4,935	5,423	16,024	15,376
	(ii)	Non-Controlling Interest	-	-	-	-	-
10	Paid up Equity Share Capital (Face value ₹ 10/-)		5,385	5,385	5,385	5,385	5,385
11	Reserves as at 31st March		-	-	-	1,91,096	1,77,495
12	Earning Per Share (EPS) on Face Value ₹ 10/-
	Basic and Diluted   Earning Per Share (Face value ₹ 10/-)      (The EPS for the Quarters are not annualised)		6.54	9.23	9.97	29.79	28.11

       

1	Statement of   Consolidated Assets and Liabilities
			(₹ in Lakh)
Sr.No.	Particulars	As at	As at
		31-03-2025	31-03-2024
		(Audited)	(Audited)
	ASSETS
1	Financial   Assets
(a)	Cash and cash equivalents	5,376	3,586
(b)	Bank balance other than cash and cash   equivalent	506	479
(c)	Receivables
	(i) Trade Receivables	23	38
(d)	Loans	10,21,231	9,98,536
(e)	Investments	25,404	16,845
(f)	Other financial assets	350	266
	Total - Financial Assets	10,52,890	10,19,750
2	Non-financial   assets
(a)	Current tax assets (net)	382	3,581
(b)	Deferred tax assets (net)	7,250	7,414
(c)	Property, plant and equipment	312	347
(d)	Right Of Use Assets	2,119	1,897
(e)	Intangible Assets Under Development	1,136	1,005
(f)	Other intangible assets	244	2,119
(g)	Other non-financial assets	1,444	962
(h)	Assets Held for Sale	11,761	9,981
	Total - Non Financial Assets	24,648	27,306
	Total Assets	10,77,538	10,47,056
	LIABILITIES AND EQUITY
	LIABILITIES
1	Financial   liabilities
(a)	Lease   Liabilities	2,328	2,111
(b)	Payables
	(i) Trade Payable
	-Total outstanding dues of micro   enterprises and small enterprises	123	4
	-Total outstanding dues of   creditors other than micro enterprises and small enterprises	1,010	1,057
(c)	Debt securities	1,35,411	73,044
(d)	Borrowings   (other than debt securities)	7,37,320	7,83,285
(e)	Other financial   liabilities	1,662	1,673
	Total - Financial Liabilities	8,77,854	8,61,174
2	Non-financial liabilities
(a)	Current tax liabilities (Net)	315	167
(b)	Provisions	2,174	2,072
(c)	Other Non Financial Liabilities	711	760
	Total - Non Financial Liabilities	3,200	2,999
3	Equity
(a)	Equity Share Capital	5,388	5,388
(b)	Other Equity	1,91,096	1,77,495
	Total - Equity	1,96,484	1,82,883
	Total Liabilities and Equity	10,77,538	10,47,056

       

2   Consolidated Cash Flow Statement		(₹ in Lakh)
Particulars	FOR THE YEAR ENDED	FOR THE YEAR ENDED
	31-03-2025	31-03-2024
	(Audited)	(Audited)
A.Cash   Flow From Operating Activities :
Profit   Before Tax	20,670	20,416
Adjustments   For :
Depreciation   And Amortisation	1,501	1,502
Impairment   of Financial Instruments (excluding impairment loss allowance on cash &   cash equivalents)	1,650	1,821
Exceptional   Item (refer note 9)	1,306	-
Interest   and Dividend Income	(1,04,941)	(1,04,285)
Interest   Expenses	70,296	71,038
Fees   & Commission Income	(549)	(516)
(Profit)/Loss   On Sale Of Fixed Assets (Net)	18	-
(Profit)/Loss   On Sale Of Investments	(24)	(271)
Remeasurement   Gain/(loss) on Defined Benefit Plan	(92)	(51)
Operating   Profit Before Working Capital Changes	(10,165)	(10,346)
Adjustments   For :
(Increase)/Decrease   In Non Financial Assets	1,985	(55)
(Increase)/Decrease   In Other Financial Assets	(115)	(3)
(Increase)/Decrease   In Other Non Financial Assets	(481)	(374)
(Increase)/Decrease   In Bank Balance other than cash & cash equivalents	(26)	1,512
Increase/(Decrease)   In Other Non Financial Liabilities	201	443
Increase/(Decrease)   In Trade Payables	71	259
Increase/(Decrease)   In Other Financial Liabilities	965	105
Operating   Profit After Working Capital Changes	(7,565)	(8,459)
Adjustments   For :
(Increase)/Decrease   Housing Loans	(24,134)	32,414
Asset   held for Sale	(1,780)	(2,350)
Fees   & Commission Received	564	504
Interest   Received	1,04,746	1,04,324
Interest   Paid	(69,322)	(70,242)
Taxes   Paid	(4,262)	(3,986)
Net   Cash Generated/(Used) From Operating Activity	(1,753)	52,205
B:Cash   Flow From Investment Activities
Payments   for Property, Plant & Equipments	(134)	(219)
Proceeds   from Sale of Property, Plant & Equipments	15	6
Payments   for Intangible assets Under Developments	(131)	(181)
Purchase   Of Investments	(1,34,891)	(2,70,590)
Sale Of   Investments	1,26,424	2,77,321
Dividend   Received	15	13
Net   Cash Generated/(Used) From Investing Activity	(8,702)	6,350
C: Cash   Flow From Financing Activities
Proceeds   From Borrowings and Debt Securities	7,78,742	5,39,501
Repayment   of Borrowings and Debt Securities	(7,63,147)	(5,98,075)
Dividend   Paid On Equity Shares	(2,423)	(2,423)
Payment   of lease liabilities	(927)	(942)
Net   Cash Generated/(Used) From Financing Activity	12,245	(61,939)
Net   Increase/(Decrease) Of Cash & Cash Equivalents (A+B+C)	1,790	(3,384)
Cash   & Cash Equivalents As At Beginning of the year	3,586	6,970
Cash   & Cash Equivalents As At the End of the Period	5,376	3,586

       

Notes to Consolidated Financial Results:
3	The above audited consolidated financial results represent the   consolidated financial results for GIC Housing Finance Limited   ("GICHFL") and its wholly owned subsidiary i.e. GICHFL Financial   Services Private Limited ("GFSPL") constituting the Group.
4	The above audited consolidated financial results of the Group   have been prepared in accordance with and comply in all material aspects with   the lndian 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) and other   accounting principles generally accepted in India and in compliance with   Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure   Requirements) Regulations, 2015, as amended.
5	The Board of GIC Housing Finance Limited ("Company")   has recommended a dividend of ₹ 4.5 per equity share of ₹ 10/- each (45%)   subject to approval of the members of the company at the forthcoming Annual   General Meeting.
6	The main business of the Group is to provide loans for purchase   or construction of residential houses. All other activities of the Group   revolve around the main business and accordingly there are no separate   reportable segments, as per the Ind AS 108- Operating Segments.
7	Information as required by Regulation 52(4) of the Securities   and Exchange Board of India (Listing Obligations and Disclosure Requirements)   Regulations, 2015 is attached in Annexure I.
8	Pursuant to Regulations 54 of SEBI (Listing obligations and   Disclosure Requirements) Regulations, 2015, all Secured Non-Convertible   Debentures (NCDs) issued by the Group and outstanding as on March 31, 2025   are fully secured by way of charge on identified receivables of the company.   Accordingly, the Group is maintaining asset cover of 1x or such higher asset   cover required as per the terms of offer document.
9	During the year ended March 31, 2025 the Company has reviewed,   assessed and written off the Loan Origination System (LOS) software,   classified under intangible assets, with a carrying value of ₹ 1,306 lakh as   at reporting date and in accordance with Ind AS 1 – Presentation of   Financial Statements, the carrying value of the asset has been charged to the   Statement of Profit and Loss as an exceptional item, considering the nature,   frequency and materiality of the transaction.
10	In compliance with Regulation 33 and Regulation 52 of the SEBI   (Listing Obligations and Disclosure Requirements) Regulations, 2015, the   above consolidated financial results for the quarter and year ended March 31,   2025 have been audited by the Statutory Auditors of Company, reviewed and   recommended by the Audit Committee and subsequently approved by the Board of   Directors at their respective meeting held on May 16, 2025.
11	Other Operating Income for the year ended March 31, 2025   includes Rs. 1,202.14 Lakh towards Bad debts recovery.
12	The figures for the quarter ended March 31, 2025 and March 31,   2024 are the balancing figures between audited figures in respect of the year   ended March 31, 2025 and March 31 , 2024 and the reviewed figures in respect   of nine months ended December 31, 2024 and December 31, 2023 respectively.
13	The figures for the previous periods / year have been regrouped   / reclassified wherever necessary in order to make them comparable with   figures for the quarter and year ended March 31, 2025.
						For   and on behalf of the Board
						Sachindra Salvi
						Managing   Director & CEO
						DIN : 10930663
	Place : Mumbai
	Date : May 16, 2025

       

Annexure - I of Consolidated Financial Results
Sr. No.	Ratio	Quarter Ended			Year Ended
		31-03-2025	31-12-2024	31-03-2024	31-03-2025	31-03-2024
		(Audited)	(Reviewed)	(Audited)	(Audited)	(Audited)
a	Debt- Equity Ratio (in times)	4.44	4.50	4.68	4.44	4.68
b*	Debt-Service Coverage Ratio	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
c*	Interest Service Coverage Ratio	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
d	Outstanding redeemable preference   shares (quantity and value)	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
e	Capital redemption reserve / Debenture   redemption reserve	-	-	-	-	-
f	Net worth (₹ in Lakh)	1,96,484	1,92,990	1,82,883	1,96,484	1,82,883
g	Net Profit after tax (₹ in Lakh)	3,520	4,971	5,367	16,042	15,135
h	Earning per share (not annualised)
	1. Basic	6.54	9.23	9.97	29.79	28.11
	2. Diluted	6.54	9.23	9.97	29.79	28.11
i*	Current Ratio	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
j*	Long term debt to working capital	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
k	Bad debts to Account receivable ratio   (Not annualised)	0.06%	-	0.16%	0.06%	0.16%
l*	Current Liability Ratio	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
m	Total debts to total assets (%)	80.99%	81.21%	81.78%	80.99%	81.78%
n*	Debtors turnover	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
o*	Inventory turnover	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
p*	Operating Margin (%)	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
q	Net Profit Margin (%)	12.76%	18.40%	20.21%	14.73%	14.15%
r	Sector specific equivalents ratios, as   applicable
	i. Stage 3 Ratio (%)	3.03%	3.47%	3.72%	3.03%	3.72%
	ii. Provision Coverage Ratio (%)	36.07%	36.80%	32.55%	36.07%	32.55%
Formula   for Computation of ratios are as follows:
a	Debt equity ratio =   (Debt Securities + Borrowings [Other than Debt Securities]) / Networth
f	Networth = Equity   Share Capital + Other Equity
k	Bad Debts to Account   Receivable ratio = Bad Debts Written Off / (Average Gross Loan Book + Average   Gross Trade Receivables)
m	Total debts to total   assets (%) = (Debt Securities + Borrowings [Other than Debt Securities]) /   Total Assets
q	Net Profit Margin (%)   = Net Profit after tax/ Total Income
r	i. Stage 3 Ratio (%) =   Gross Stage III Loan outstanding / Total Loan Outstanding
r	ii. Provision Coverage   Ratio (%) = Allowance for bad and doubtful debts for Gross Stage III Loan   Book / Gross Stage III Loan Book
*	Since the   Company is a Housing Finance Company ('HFC'), disclosure of Debt service   coverage ratio, Interest service coverage ratio, Current ratio, Long term   debt to working capital, Current liability ratio, Debtors turnover ratio,   Inventory turnover ratio and Operating Margin Ratio are not applicable since   it is engaged in financing activities.