General information about company | |
| Scrip code | 530127 |
| NSE Symbol | |
| MSEI Symbol | |
| ISIN* | INE446D01011 |
| Name of company | NPR FINANCE LIMITED |
| Class of security | Equity |
| Date of start of financial year | 01-04-2020 |
| Date of end of financial year | 31-03-2021 |
| Date of board meeting when results were approved | 13-11-2020 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 03-11-2020 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Quarter | Half yearly |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 13-11-2020 17:00 |
| End date and time of board meeting | 13-11-2020 17:45 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
Financial Results – NBFC | |||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-07-2020 | 01-04-2020 |
| B | Date of end of reporting period | 30-09-2020 | 30-09-2020 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 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. | ||
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 114.184 | 233.352 |
| (ii) | Dividend Income | 0 | 0 |
| (iii) | Rental Income | 0 | 0 |
| (iv) | Fees and commission Income | 0.077 | 0.516 |
| (v) | Net gain on fair value changes | 0 | 0 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0 | 0 |
| (vii) | Sale of products (including Excise Duty) | 1.168 | 2.17 |
| (viii) | Sale of services | 0.001 | 0.001 |
| (ix) | Other revenue from operations | ||
| 1 | Income from Generation of Wind Power | 25.007 | 54.932 |
| Total other revenue from operations | 25.007 | 54.932 | |
| Total Revenue From Operations | 140.437 | 290.971 | |
| Other income | 0 | 0 | |
| Total income | 140.437 | 290.971 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0 | 0 | |
| Purchases of stock-in-trade | 61.16 | 61.16 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | -60 | -58.997 | |
| Employee benefit expense | 41.846 | 87.135 | |
| Finance costs | 9.756 | 18.773 | |
| Depreciation, depletion and amortisation expense | 17.012 | 34.06 | |
| Fees and commission expense | 8.928 | 20.702 | |
| Net loss on fair value changes | 0 | 0 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0 | 0 | |
| Impairment on financial instruments | 12.326 | 14.348 | |
| (f) | Other expenses | ||
| 1 | Other expenses | 39.14 | 68.217 |
| Total other expenses | 39.14 | 68.217 | |
| Total expenses | 130.168 | 245.398 | |
Financial Results – NBFC | |||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-07-2020 | 01-04-2020 |
| B | Date of end of reporting period | 30-09-2020 | 30-09-2020 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 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. | ||
| 3 | Total profit before exceptional items and tax | 10.269 | 45.573 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Total profit before tax | 10.269 | 45.573 |
| 7 | Tax expense | ||
| 8 | Current tax | 10.995 | 14.357 |
| 9 | Deferred tax | -12.92 | -8.194 |
| 10 | Total tax expenses | -1.925 | 6.163 |
| 14 | Net Profit Loss for the period from continuing operations | 12.194 | 39.41 |
| 15 | Profit (loss) from discontinued operations before tax | 0 | 0 |
| 16 | Tax expense of discontinued operations | 0 | 0 |
| 17 | Net profit (loss) from discontinued operation after tax | 0 | 0 |
| 19 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | 0 |
| 21 | Total profit (loss) for period | 12.194 | 39.41 |
| 22 | Other comprehensive income net of taxes | 0 | 0 |
Financial Results – NBFC | |||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-07-2020 | 01-04-2020 |
| B | Date of end of reporting period | 30-09-2020 | 30-09-2020 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 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. | ||
| 23 | Total Comprehensive Income for the period | 12.194 | 39.41 |
| 24 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 25 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 0 | 0 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 0 | 0 | |
| 26 | Details of equity share capital | ||
| Paid-up equity share capital | 598.96 | 598.96 | |
| Face value of equity share capital | 4833.756 | 4833.756 | |
| 28 | Reserves excluding revaluation reserve | ||
| 29 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 0.204 | 0.658 | |
| Diluted earnings per share from continuing operations | 0.204 | 0.658 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 0.204 | 0.658 | |
| Diluted earnings per share | 0.204 | 0.658 | |
| 30 | Debt equity ratio | 0 | 0 |
| 31 | Debt service coverage ratio | 0 | 0 |
| 32 | Interest service coverage ratio | 0 | 0 |
| 33 | Disclosure of notes on financial results | Textual 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 | |||
| Particulars | Half year ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-04-2020 | ||
| Date of end of reporting period | 30-09-2020 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 60.825 | ||
| Bank Balance other than (a) above | 0 | ||
| Derivative financial instruments | 0 | ||
| Receivables | |||
| (I) Trade Receivables | 192.714 | ||
| (II) Other Receivables | 0 | ||
| Loans | 3597.384 | ||
| Investments | 1059.975 | ||
| Other Financial assets | 160.932 | ||
| 2 | Non Financial Asset | ||
| Inventories | 0 | ||
| Current tax assets (Net) | 117.429 | ||
| Deferred tax Assets (Net) | 0 | ||
| Investment Property | 0 | ||
| Biological assets other than bearer plants | 0 | ||
| Property, Plant and Equipment | 493.27 | ||
| Capital work-in-progress | 0 | ||
| Intangible assets under development | 0 | ||
| Goodwill | 0 | ||
| Other Intangible assets | 0 | ||
| Other non-financial assets (to be specified) | 499.656 | ||
| Total assets | 6182.185 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 599.66 | ||
| Other equity | 4833.756 | ||
| Total equity attributable to owners of parent | 5433.416 | ||
| Non controlling interest | |||
| Total equity | 5433.416 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | 0 | |
| (b) | Payables | ||
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 0.75 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 0 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 0 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 0 | ||
| (C ) | Debt Securities | 0 | |
| (d) | Borrowings (Other than Debt Securities) | 22.948 | |
| (e) | Deposits | 280.054 | |
| (f) | Subordinated Liabilities | 0 | |
| (g) | Other financial liabilities | 65.484 | |
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 0 | |
| (b) | Provisions | 43.382 | |
| (C ) | Deferred tax liabilities (Net) | 310.195 | |
| (d) | Other non-financial liabilities | 25.956 | |
| Total liabilities | 748.769 | ||
| Total equity and liabilites | 6182.185 | ||
| 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 | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| Date of start of reporting period | 01-07-2020 | 01-04-2020 | |
| Date of end of reporting period | 30-09-2020 | 30-09-2020 | |
| Whether accounts are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | Standalone | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| 1 | Financing Activities | 114.261 | 233.868 |
| 2 | Money Changing | 1.169 | 2.171 |
| 3 | Power Generation | 25.007 | 54.932 |
| 4 | Real Estate | 0 | 0 |
| Total Segment Revenue | 140.437 | 290.971 | |
| Less: Inter segment revenue | 0 | 0 | |
| Revenue from operations | 140.437 | 290.971 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | Financing Activities | 10.887 | 45.801 |
| 2 | Money Changing | -0.092 | -0.899 |
| 3 | Power Generation | 1.929 | 7.621 |
| 4 | Real Estate | 0 | 0 |
| Total Profit before tax | 12.724 | 52.523 | |
| i. Finance cost | 0 | 0 | |
| ii. Other Unallocable Expenditure net off Unallocable income | 2.455 | 6.95 | |
| Profit before tax | 10.269 | 45.573 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | Financing Activities | 5222.051 | 5222.051 |
| 2 | Money Changing | 3.001 | 3.001 |
| 3 | Power Generation | 461.738 | 461.738 |
| 4 | Real Estate | 417.063 | 417.063 |
| Total Segment Asset | 6103.853 | 6103.853 | |
| Un-allocable Assets | 78.332 | 78.332 | |
| Net Segment Asset | 6182.185 | 6182.185 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | Financing Activities | 622.873 | 622.873 |
| 2 | Money Changing | 0.381 | 0.381 |
| 3 | Power Generation | 112.116 | 112.116 |
| 4 | Real Estate | 0 | 0 |
| Total Segment Liabilities | 735.37 | 735.37 | |
| Un-allocable Liabilities | 13.4 | 13.4 | |
| Net Segment Liabilities | 748.77 | 748.77 | |
| Disclosure of notes on segments | Textual 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 | ||
| Particulars | 6 months ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-04-2020 |
| B | Date of end of reporting period | 30-09-2020 |
| C | Whether results are audited or unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone |
| Part I | Blue color marked fields are non-mandatory. | |
| Statement of cash flows | ||
| Cash flows from used in operating activities | ||
| Profit before tax | 45.573 | |
| Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 18.772 | |
| Adjustments for decrease (increase) in inventories | 0 | |
| Adjustments for decrease (increase) in trade receivables, current | -179.822 | |
| Adjustments for decrease (increase) in trade receivables, non-current | 0 | |
| Adjustments for decrease (increase) in other current assets | -64.07 | |
| Adjustments for decrease (increase) in other non-current assets | 0.11 | |
| Adjustments for other financial assets, non-current | 585.362 | |
| Adjustments for other financial assets, current | -504.871 | |
| Adjustments for other bank balances | 0 | |
| Adjustments for increase (decrease) in trade payables, current | -0.055 | |
| Adjustments for increase (decrease) in trade payables, non-current | 0 | |
| Adjustments for increase (decrease) in other current liabilities | 8.864 | |
| Adjustments for increase (decrease) in other non-current liabilities | 0 | |
| Adjustments for depreciation and amortisation expense | 34.06 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 14.348 | |
| Adjustments for provisions, current | 0 | |
| Adjustments for provisions, non-current | 0 | |
| Adjustments for other financial liabilities, current | 53.123 | |
| Adjustments for other financial liabilities, non-current | -1.453 | |
| Adjustments for unrealised foreign exchange losses gains | 0 | |
| Adjustments for dividend income | 0 | |
| Adjustments for interest income | 0 | |
| Adjustments for share-based payments | 0 | |
| Adjustments for fair value losses (gains) | 0 | |
| Adjustments for undistributed profits of associates | 0 | |
| Other adjustments for which cash effects are investing or financing cash flow | 0 | |
| Other adjustments to reconcile profit (loss) | 0 | |
| Other adjustments for non-cash items | 0 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0 | |
| Total adjustments for reconcile profit (loss) | -35.632 | |
| Net cash flows from (used in) operations | 9.941 | |
| Dividends received | 0 | |
| Interest paid | 19.924 | |
| Interest received | 0 | |
| Income taxes paid (refund) | 3.303 | |
| Other inflows (outflows) of cash | 0 | |
| 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 businesses | 0 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0 | |
| Other cash receipts from sales of interests in joint ventures | 0 | |
| Other cash payments to acquire interests in joint ventures | 0 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0 | |
| Proceeds from sales of property, plant and equipment | 0 | |
| Purchase of property, plant and equipment | 2.607 | |
| Proceeds from sales of investment property | 0 | |
| Purchase of investment property | 0 | |
| Proceeds from sales of intangible assets | 0 | |
| Purchase of intangible assets | 0 | |
| Proceeds from sales of intangible assets under development | 0 | |
| Purchase of intangible assets under development | 0 | |
| Proceeds from sales of goodwill | 0 | |
| Purchase of goodwill | 0 | |
| Proceeds from biological assets other than bearer plants | 0 | |
| Purchase of biological assets other than bearer plants | 0 | |
| Proceeds from government grants | 0 | |
| Proceeds from sales of other long-term assets | 0 | |
| Purchase of other long-term assets | 0 | |
| Cash advances and loans made to other parties | 0 | |
| Cash receipts from repayment of advances and loans made to other parties | 0 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0 | |
| Dividends received | 0 | |
| Interest received | 0 | |
| Income taxes paid (refund) | 0 | |
| Other inflows (outflows) of cash | 0 | |
| Net cash flows from (used in) investing activities | -2.607 | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 0 | |
| Payments from changes in ownership interests in subsidiaries | 0 | |
| Proceeds from issuing shares | 0 | |
| Proceeds from issuing other equity instruments | 0 | |
| Payments to acquire or redeem entity's shares | 0 | |
| Payments of other equity instruments | 0 | |
| Proceeds from exercise of stock options | 0 | |
| Proceeds from issuing debentures notes bonds etc | 0 | |
| Proceeds from borrowings | 0 | |
| Repayments of borrowings | 37.08 | |
| Payments of finance lease liabilities | 0 | |
| Payments of lease liabilities | 0 | |
| Dividends paid | 0 | |
| Interest paid | 0 | |
| 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 equivalents | 0 | |
| Net increase (decrease) in cash and cash equivalents | -52.983 | |
| Cash and cash equivalents cash flow statement at beginning of period | 113.808 | |
| Cash and cash equivalents cash flow statement at end of period | 60.825 | |