General information about company

Scrip code530127
NSE Symbol
MSEI Symbol
ISIN*INE446D01011
Name of companyNPR FINANCE LIMITED
Class of securityEquity
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Date of board meeting when results were approved13-11-2020
Date on which prior intimation of the meeting for considering financial results was informed to the exchange03-11-2020
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterHalf yearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingMulti segment
Description of single segment
Start date and time of board meeting13-11-2020 17:00
End date and time of board meeting13-11-2020 17:45
Whether cash flow statement is applicable on companyYes
Type of cash flow statementCash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable



Financial Results NBFC

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-202001-04-2020
BDate of end of reporting period30-09-202030-09-2020
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations
(i) Interest Income114.184233.352
(ii)Dividend Income00
(iii)Rental Income00
(iv)Fees and commission Income0.0770.516
(v)Net gain on fair value changes00
(vi)Net gain on derecognition of financial instruments under amortised cost category00
(vii)Sale of products (including Excise Duty)1.1682.17
(viii)Sale of services0.0010.001
(ix)Other revenue from operations
1Income from Generation of Wind Power25.00754.932
Total other revenue from operations25.00754.932
Total Revenue From Operations140.437290.971
Other income00
Total income140.437290.971
2Expenses
Cost of materials consumed00
Purchases of stock-in-trade61.1661.16
Changes in inventories of finished goods, work-in-progress and stock-in-trade-60-58.997
Employee benefit expense 41.84687.135
Finance costs9.75618.773
Depreciation, depletion and amortisation expense17.01234.06
Fees and commission expense8.92820.702
Net loss on fair value changes00
Net loss on derecognition of financial instruments under amortised cost category00
Impairment on financial instruments12.32614.348
(f)Other expenses
1Other expenses39.1468.217
Total other expenses39.1468.217
Total expenses130.168245.398

Financial Results NBFC

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-202001-04-2020
BDate of end of reporting period30-09-202030-09-2020
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax10.26945.573
4Exceptional items 00
5Total profit before tax10.26945.573
7Tax expense
8Current tax10.99514.357
9Deferred tax-12.92-8.194
10Total tax expenses-1.9256.163
14Net Profit Loss for the period from continuing operations12.19439.41
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period12.19439.41
22Other comprehensive income net of taxes00

Financial Results NBFC

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-202001-04-2020
BDate of end of reporting period30-09-202030-09-2020
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period12.19439.41
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital598.96598.96
Face value of equity share capital4833.7564833.756
28Reserves excluding revaluation reserve
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings per share from continuing operations0.2040.658
Diluted earnings per share from continuing operations0.2040.658
iiEarnings per equity share for discontinued operations
Basic earnings per share from discontinued operations00
Diluted earnings per share from discontinued operations00
iiEarnings per equity share
Basic earnings per share0.2040.658
Diluted earnings per share0.2040.658
30Debt equity ratio00
31Debt service coverage ratio00
32Interest service coverage ratio00
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)Notes:

1 The above financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 13th November, 2020

2 The figures for the quarter ended 30 September , 2020 are the balancing figures between Unaudited figures in respect of the Six Month ended September 30, 2020 and the unaudited figures of Quarter ended 30th June 2020.

3 In accordance with the Board approved moratorium policy and the Reserve Bank of India guidelines relating to COVID-19 Regulatory Package dated March 27 2020, April 17 2020 and May 23 2020, the Company offered moratorium on payment of all installments and or interest, as applicable, falling due between March 1, 2020 and August 31 2020 to eligible borrowers as per the policy. For all loans where moratorium was availed by the borrowers, the Company had kept ageing of such loans and their asset classification at standstill during the moratorium period.
Further, no borrower accounts under the moratorium granted category have been classified as non-performing assets (NPA) which were not declared non-performing till 31 August 2020, in view of the Supreme Court order dated 3 September 2020 (Public Interest Litigation (PIL) by Gajendra Sharma Vs Union of India & ANR). However, provision has been made on such accounts as applicable for Stage 3 assets.
As at 30 September 2020, Expected Credit loss is recorded at Rs 12.33 lacs.which includes additional provisioing pursuant to RBI Circular date 17th April 2020 -COVID19 Regulatory Package - Asset Classification and Provisioning
The Company has made provision towards Expected Credit loss on the basis of management judgement of expected losses on its loan portfolio. Any potential excess or shortfall based on actual experience will be adjusted in the relevant period in future. Further, the underlying forecasts and assumptions applied by the Company in determination of ECL provision (including additional provision) are subject to uncertainties which are often outside the control of the Company and accordingly, actual results may differ from these estimates.
Given the dynamic and evolving nature of the pandemic , and these estimates are subject to uncertainty and may be affected by sevearity duration of the pandemic and other variables
4 The Company has been duly servicing its debt obligations. The Capital Adequacy and Liquidity position remains strong and shall continue to be an area of focus.

5 These financial results has been prepared in accordance with the recognition and measurement principles laid down in IND AS presrcibed under section 133 of the Companies Act,2013 read with the relevant Rules issued thereunder and other recognised accounting principles generally accepted in India and in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 as amended.

6 The Financial results for the half year ended 30th September,2020 have been subjected to Limited Review by the Statutory Auditors of the Company.

7 Figures for the previous quarters have been regrouped or rearranged or reclassified, whereever necessary to confirm to current period classification.



Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2020
Date of end of reporting period30-09-2020
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
Assets
1Finanical Asset
Cash and cash equivalents60.825
Bank Balance other than (a) above0
Derivative financial instruments0
Receivables
(I) Trade Receivables192.714
(II) Other Receivables0
Loans3597.384
Investments1059.975
Other Financial assets160.932
2Non Financial Asset
Inventories0
Current tax assets (Net)117.429
Deferred tax Assets (Net)0
Investment Property0
Biological assets other than bearer plants0
Property, Plant and Equipment493.27
Capital work-in-progress0
Intangible assets under development0
Goodwill0
Other Intangible assets0
Other non-financial assets (to be specified)499.656
Total assets6182.185
Equity and liabilities
1Equity
Equity attributable to owners of parent
Equity share capital599.66
Other equity4833.756
Total equity attributable to owners of parent5433.416
Non controlling interest
Total equity5433.416
2Liabilities
2.1Financial Liabilities
(a)Derivative financial instruments0
(b)Payables
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises0.75
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises0
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises0
(C )Debt Securities0
(d)Borrowings (Other than Debt Securities)22.948
(e)Deposits280.054
(f)Subordinated Liabilities0
(g)Other financial liabilities65.484
2.2Non-Financial Liabilities
(a)Current tax liabilities (Net)0
(b)Provisions43.382
(C )Deferred tax liabilities (Net)310.195
(d)Other non-financial liabilities25.956
Total liabilities748.769
Total equity and liabilites6182.185
Textual Information(1)

Text Block

Textual Information(1)Notes: Figures for the previous period or year are reclassified or re-grouped or re-arranged,wherever necessary to confirm to current periods' presentation.


Other notes: Other non financial assets include Trade Receivables , Advance for Capital Expense,Security deposit, Property held for sale, etc.



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-07-202001-04-2020
Date of end of reporting period30-09-202030-09-2020
Whether accounts are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1Financing Activities114.261233.868
2Money Changing1.1692.171
3Power Generation25.00754.932
4Real Estate00
Total Segment Revenue140.437290.971
Less: Inter segment revenue00
Revenue from operations 140.437290.971
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1Financing Activities10.88745.801
2Money Changing-0.092-0.899
3Power Generation1.9297.621
4Real Estate00
Total Profit before tax12.72452.523
i. Finance cost00
ii. Other Unallocable Expenditure net off Unallocable income2.4556.95
Profit before tax10.26945.573
3(Segment Asset - Segment Liabilities)
Segment Asset
1Financing Activities5222.0515222.051
2Money Changing3.0013.001
3Power Generation461.738461.738
4Real Estate417.063417.063
Total Segment Asset6103.8536103.853
Un-allocable Assets78.33278.332
Net Segment Asset6182.1856182.185
4Segment Liabilities
Segment Liabilities
1Financing Activities622.873622.873
2Money Changing0.3810.381
3Power Generation112.116112.116
4Real Estate00
Total Segment Liabilities735.37735.37
Un-allocable Liabilities13.413.4
Net Segment Liabilities748.77748.77
Disclosure of notes on segmentsTextual Information(1)

Text Block

Textual Information(1)Notes:

1. Figures for the previous period or year are reclassified or re-grouped or re-arranged,wherever necessary to confirm to current periods' presentation.

2. Segment results is after netting off Finance cost of Rs 18.773 lakhs for half year ended 30.09.2020 & Rs 9.756 lakhs for quarter ended 30.09.2020



Cash flow statement, indirect

Particulars6 months ended (dd-mm-yyyy)
ADate of start of reporting period01-04-2020
BDate of end of reporting period30-09-2020
CWhether results are audited or unauditedUnaudited
DNature of report standalone or consolidatedStandalone
Part IBlue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax45.573
Adjustments for reconcile profit (loss)
Adjustments for finance costs18.772
Adjustments for decrease (increase) in inventories0
Adjustments for decrease (increase) in trade receivables, current-179.822
Adjustments for decrease (increase) in trade receivables, non-current0
Adjustments for decrease (increase) in other current assets-64.07
Adjustments for decrease (increase) in other non-current assets0.11
Adjustments for other financial assets, non-current585.362
Adjustments for other financial assets, current-504.871
Adjustments for other bank balances0
Adjustments for increase (decrease) in trade payables, current-0.055
Adjustments for increase (decrease) in trade payables, non-current0
Adjustments for increase (decrease) in other current liabilities8.864
Adjustments for increase (decrease) in other non-current liabilities0
Adjustments for depreciation and amortisation expense34.06
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss14.348
Adjustments for provisions, current0
Adjustments for provisions, non-current0
Adjustments for other financial liabilities, current53.123
Adjustments for other financial liabilities, non-current-1.453
Adjustments for unrealised foreign exchange losses gains0
Adjustments for dividend income0
Adjustments for interest income0
Adjustments for share-based payments0
Adjustments for fair value losses (gains)0
Adjustments for undistributed profits of associates0
Other adjustments for which cash effects are investing or financing cash flow0
Other adjustments to reconcile profit (loss)0
Other adjustments for non-cash items0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0
Total adjustments for reconcile profit (loss)-35.632
Net cash flows from (used in) operations9.941
Dividends received0
Interest paid19.924
Interest received0
Income taxes paid (refund)3.303
Other inflows (outflows) of cash0
Net cash flows from (used in) operating activities-13.286
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses0
Cash flows used in obtaining control of subsidiaries or other businesses0
Other cash receipts from sales of equity or debt instruments of other entities0
Other cash payments to acquire equity or debt instruments of other entities0
Other cash receipts from sales of interests in joint ventures0
Other cash payments to acquire interests in joint ventures0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships0
Proceeds from sales of property, plant and equipment0
Purchase of property, plant and equipment2.607
Proceeds from sales of investment property0
Purchase of investment property0
Proceeds from sales of intangible assets0
Purchase of intangible assets0
Proceeds from sales of intangible assets under development0
Purchase of intangible assets under development0
Proceeds from sales of goodwill0
Purchase of goodwill0
Proceeds from biological assets other than bearer plants0
Purchase of biological assets other than bearer plants0
Proceeds from government grants0
Proceeds from sales of other long-term assets0
Purchase of other long-term assets0
Cash advances and loans made to other parties0
Cash receipts from repayment of advances and loans made to other parties0
Cash payments for future contracts, forward contracts, option contracts and swap contracts0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts0
Dividends received0
Interest received0
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) investing activities-2.607
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries0
Payments from changes in ownership interests in subsidiaries0
Proceeds from issuing shares0
Proceeds from issuing other equity instruments0
Payments to acquire or redeem entity's shares0
Payments of other equity instruments0
Proceeds from exercise of stock options0
Proceeds from issuing debentures notes bonds etc0
Proceeds from borrowings0
Repayments of borrowings37.08
Payments of finance lease liabilities0
Payments of lease liabilities0
Dividends paid0
Interest paid0
Income taxes paid (refund)0
Other inflows (outflows) of cash-0.01
Net cash flows from (used in) financing activities-37.09
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes-52.983
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents0
Net increase (decrease) in cash and cash equivalents-52.983
Cash and cash equivalents cash flow statement at beginning of period113.808
Cash and cash equivalents cash flow statement at end of period60.825