Aditya Birla Money Limited NSE:BIRLAMONEY

Aditya Birla Money : Outcome of Board Meeting held on January 24, 2025

Published

Source: MarketScreener

Ref: SECTL/2025 - 8

January 24, 2025

BSE Limited

National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers,

Exchange Plaza, 5th Floor, Plot No. C/1, G-Block,

Dalal Street,

Bandra-Kurla Complex, Bandra (East)

MUMBAI - 400 001

MUMBAI - 400 051

Scrip Code: BSE - 532974

NSE - BIRLAMONEY

Sub: Outcome of the Board Meeting held on January 24, 2025

(Commenced at: 04.00 P.M. and Concluded at: 06.00 P.M.)

Dear Sir / Madam,

This is to inform you that the Board of Directors of the Company at their Meeting held today i.e. January 24, 2025 has inter-alia considered and approved the Un-Audited Financial Results of the Company for the Quarter and Nine Months ended December 31, 2024, as recommended by the Audit Committee.

Pursuant to the provisions of Regulation 30, 33 & 52 (4) of the SEBI (Listing Obligations and Disclosure Requirement) Regulation, 2015, we enclose herewith the following:

  1. Un-AuditedFinancial Results for the Quarter and Nine Months ended December 31,2024; and
  2. Limited Review Report issued by the Statutory Auditor of the Company for the Quarter and Nine Months ended December 31, 2024.

You are requested to kindly take the above information on records.

Thanking you,

For Aditya Birla Money Limited

MANISHA LAKHOTIA

Digitally signed by

MANISHA LAKHOTIA Date: 2025.01.24 19:30:25 +05'30'

Manisha Lakhotia

Company Secretary and Compliance Officer

Membership No. A46126

Encl: a/a

Total Debt (excluding Lease Liabilites)/Total Equity
Profit After Tax + Interest (excluding Lease Liabilites) + Depreciation - Extraordinary income and expense/ Debt payable (excluding Lease Liabilites)
Profit Before Tax + Interest + Depreciation - Extraordinary income and expense/ Interest & Finance Charges
Current Assets/ Current Liability
Long Term Debt (excluding Lease Liabilites)/ Working Capital Bad Debts/ Average Trade Receivables
Current Liability/ Total Liability
Total Debt(excluding Lease Liabilites)/ Total Assets Profit Before Tax/ Revenue from Operations Profit After Tax/ Revenue from Operations

SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2024

Quarter Ended

Nine Months Ended

Year Ended

1

Segment Revenue

December 31, 2024

September 30,

December 31, 2023 December 31, 2024 December 31, 2023

March 31, 2024

2024

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Audited)

Broking

8,739.45

10,206.24

8,922.07

28,779.82

23,527.90

33,399.96

Wholesale debt market

1,764.06

2,286.66

1,133.52

5,930.25

3,851.48

5,198.30

Others

99.84

72.80

75.27

244.60

233.76

421.06

Total Segment Revenue from Operations (Net)

10,603.35

12,565.70

10,130.86

34,954.67

27,613.14

39,019.32

Quarter Ended

Nine Months Ended

Year Ended

2

Segment Results

December 31, 2024

September 30,

December 31, 2023 December 31, 2024 December 31, 2023

March 31, 2024

2024

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Audited)

Broking

1,569.70

2,382.05

1,565.95

5,288.20

3,420.05

5,002.23

Wholesale debt market

530.34

1,099.80

234.22

2,372.52

1,276.73

1,554.55

Others

(12.75)

(28.49)

(26.93)

(74.94)

(149.47)

(145.90)

Total Segment Result

2,087.29

3,453.36

1,773.24

7,585.78

4,547.31

6,410.88

Add: Other Income

959.41

167.54

91.89

1,314.39

303.92

482.17

Profit Before Tax

3,046.70

3,620.90

1,865.13

8,900.17

4,851.23

6,893.05

Quarter Ended

Nine Months Ended

Year Ended

3

Segment Assets

December 31, 2024

September 30,

December 31, 2023 December 31, 2024 December 31, 2023

March 31, 2024

2024

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Audited)

Broking

1,78,519.21

1,84,073.44

1,55,071.66

1,78,519.21

1,55,071.66

1,64,993.17

Wholesale debt market

67,989.13

51,795.17

45,226.16

67,989.13

45,226.16

44,380.63

Others

150.43

104.26

26.73

150.43

26.73

153.22

Total Segment Assets

2,46,658.77

2,35,972.87

2,00,324.55

2,46,658.77

2,00,324.55

2,09,527.02

Add: Unallocated Corporate Assets

2,136.52

2,203.49

1,497.00

2,136.52

1,497.00

2,083.86

Total Assets

2,48,795.29

2,38,176.36

2,01,821.55

2,48,795.29

2,01,821.55

2,11,610.88

Quarter Ended

Nine Months Ended

Year Ended

4

Segment Liabilities

December 31, 2024

September 30,

December 31, 2023 December 31, 2024 December 31, 2023

March 31, 2024

2024

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Audited)

Broking

1,58,138.44

1,65,436.44

1,41,541.52

1,58,138.44

1,41,541.52

1,50,334.78

Wholesale debt market

67,728.77

51,684.33

45,505.46

67,728.77

45,505.46

44,886.36

Others

58.07

55.38

171.34

58.07

171.34

118.93

Total Segment Liabilities

2,25,925.28

2,17,176.15

1,87,218.32

2,25,925.28

1,87,218.32

1,95,340.07

Add: Unallocated Corporate Liabilities

128.08

422.03

-

128.08

-

-

Total Liabilities

2,26,053.36

2,17,598.18

1,87,218.32

2,26,053.36

1,87,218.32

1,95,340.07

  1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 24, 2025.The unaudited financial results of the Company for the quarter and nine months ended December 31, 2024 have been subjected to limited review by the auditors.
  2. These financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards ("Ind AS") prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India.
  3. The Net Worth is calculated as per Regulation 2(1)(s) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Section 2(57) of the Companies Act, 2013.
  4. Information as required pursuant to Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: a. Formulae for computation of ratios are as follows:

(i) Debt-Equity Ratio

(ii) Debt Service Coverage Ratio

(iii) Interest Service Coverage Ratio

(iv) Current Ratio

(v) Long Term Debt to Working Capital

(vi) Bad Debts to Account Receivable Ratio (vii) Current Liability Ratio

(viii) Total Debts to Total Assets (ix) Operating Margin Ratio

(x) Net Profit Margin Ratio

  1. * Given the nature of the company's business this ratio is not considered to be applicable.

TUSHAR HAREND RA SHAH

Digitally signed by TUSHAR HARENDRA SHAH Date: 2025.01.24 19:31:50 +05'30'

Tushar Shah

Director

DIN: 00239762

Place : Mumbai

Date : January 24, 2025

STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2024

(Rupees in Lakhs) Except per Share

Quarter Ended

Nine Months Ended

Year Ended

Particulars

December 31,

September 30,

December 31,

December 31,

December 31,

2024

2024

2023

2024

2023

March 31, 2024

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Audited)

  • Revenue from Operations

Interest Income

5,696.02

5,322.24

4,581.61

16,075.99

11,554.74

16,508.39

Fees and Commission Income

4,438.15

5,961.02

5,264.60

16,282.90

14,594.40

20,734.87

Net Gain on Fair Value Changes

469.18

1,282.44

284.65

2,595.78

1,464.00

1,776.06

Total Revenue from Operations

10,603.35

12,565.70

10,130.86

34,954.67

27,613.14

39,019.32

2

Other Income

959.41

167.54

91.89

1,314.39

303.92

482.17

3

Total Income (1+2)

11,562.76

12,733.24

10,222.75

36,269.06

27,917.06

39,501.49

  • Expenses

(a) Finance costs

3,206.96

2,962.83

2,392.88

9,101.45

6,361.47

9,222.15

(b) Fees and Commission Expenses

1,759.21

2,397.95

2,224.74

6,596.61

5,937.28

8,466.56

(c) Impairment on financial instruments

(32.05)

37.71

9.24

5.66

8.38

89.40

(d) Employee Benefits expense

2,148.58

2,207.77

2,146.41

7,064.03

6,355.25

8,888.62

(e) Depreciation and Amortisation Expense

245.82

245.56

210.74

723.60

608.38

823.09

(f) Other Expenses

1,187.54

1,260.52

1,373.61

3,877.54

3,795.07

5,118.62

Total Expenses

8,516.06

9,112.34

8,357.62

27,368.89

23,065.83

32,608.44

5

Profit before exceptional items and tax (3- 4)

3,046.70

3,620.90

1,865.13

8,900.17

4,851.23

6,893.05

6

Exceptional Items

-

-

-

-

-

-

7

Profit before tax (5+6)

3,046.70

3,620.90

1,865.13

8,900.17

4,851.23

6,893.05

  • Tax Expense

Current Tax

747.98

973.47

521.65

2,338.96

1,392.31

1,908.80

Deferred Tax

(26.82)

(21.32)

(224.54)

(69.34)

(245.06)

(365.95)

Short Provision for earlier years

144.06

-

53.40

144.06

53.40

53.40

Total Tax Expense

865.22

952.15

350.51

2,413.68

1,200.65

1,596.25

9 Profit after tax for the period (7-8)

2,181.48

2,668.75

1,514.62

6,486.49

3,650.58

5,296.80

10

Other Comprehensive Income (OCI)

(i) Items that will not be reclassified to profit or loss in subsequent periods

(23.68)

6.54

(5.54)

(20.53)

21.54

50.12

(ii) Income tax relating to items that will not be reclassified to profit and loss

(5.96)

1.65

(1.39)

(5.17)

5.43

12.61

Other Comprehensive Income (Net of Tax) (i-ii)

(17.72)

4.89

(4.15)

(15.36)

16.11

37.51

11

Total Comprehensive Income (9+10)

2,163.76

2,673.64

1,510.47

6,471.13

3,666.69

5,334.31

12

Paid Up Equity Share Capital

565.09

565.09

565.09

565.09

565.09

565.09

(Face Value of Re.1 each)

13

Reserves excluding revaluation reserve /Other Equity

22,176.84

20,013.09

14,038.14

22,176.84

14,038.14

15,705.72

14

Securities premium account

565.75

565.75

565.75

565.75

565.75

565.75

15

Outstanding Debt

1,75,259.65

1,50,760.39

1,18,453.00

1,75,259.65

1,18,453.00

1,37,463.25

16

Debt equity ratio (No.of Times)

7.71

7.33

8.12

7.71

8.12

8.45

17

Debt service coverage ratio (No.of Times - Annualised)

0.13

0.15

0.14

0.12

0.12

0.11

18

Interest service coverage ratio (No.of Times)

2.04

2.32

1.88

2.07

1.88

1.85

19

Outstanding redeemable preference shares (Nos. in Lakhs)

16.00

16.00

16.00

16.00

16.00

16.00

20

Outstanding redeemable preference shares (Values)

9,627.69

9,483.04

9,054.92

9,627.69

9,054.92

9,197.11

21

Capital redemption reserve/debenture redemption reserve*

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

22

Net worth

22,741.94

20,578.18

14,603.23

22,741.94

14,603.23

16,270.81

23

Current ratio

0.96

0.97

0.90

0.96

0.90

0.96

24

Long term debt to working capital

-

(1.58)

(0.53)

-

(0.53)

(1.20)

25

Bad debts to account receivable ratio

-

-

-

-

-

-

26

Current liability ratio

0.98

0.94

0.93

0.98

0.93

0.92

27

Total debts to total assets (%)

70.44%

63.30%

58.72%

70.44%

58.72%

64.96%

28

Debtors turnover ratio *

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

29

Inventory turnover *

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

30

Operating margin (%)

28.73%

28.82%

18.41%

25.46%

17.57%

17.67%

31

Net profit margin (%)

20.57%

21.24%

14.95%

18.56%

13.22%

13.57%

32

Earnings per Equity Share of Re. 1 each

Basic- Rs.

3.86

4.72

2.68

11.48

6.46

9.37

Diluted -Rs.

3.86

4.72

2.68

11.48

6.46

9.37

(Not annualised)

(Not annualised)

(Not annualised)

(Not annualised)

(Not annualised)

(Annualised)

CERTIFIED TRUE COPY OF THE RESOLUTIONS PASSED BY THE BOARD OF DIRECTORS OF ADITYA BIRLA MONEY LIMITED AT THEIR MEETING HELD ON FRIDAY, JANUARY 24, 2025 AT 04:00 PM AT THE BOARD ROOM, 16TH FLOOR, ONE WORLD CENTRE, TOWER 1, JUPITER MILLS COMPOUND, 841, SENAPATI BAPAT MARG, PRABHADEVI, MUMBAI- 400 013, WITH FACILITY TO ATTEND VIA AUDIO VISUAL MEANS/ VIDEO CONFERENCING

Approval of Un-Audited Financial Statements and Financial Results for the Quarter and Nine Months ended December 31, 2024 along with the Limited Review Report.

"RESOLVED THAT as recommended by the Audit Committee, the Un-Audited Financial Statements Comprising the Balance Sheet as of December 31, 2024 and the Statement of Profit & Loss for the Quarter ended on that date together with Schedules annexed thereto, notes forming part thereof, and the Limited Review report thereon, prepared as per IND AS based on book value and on fair valuation, be and are hereby approved by the Board of Directors.

RESOLVED FURTHER THAT as recommended by the Audit Committee, pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, the Un-Audited Financial Results for the Quarter and nine months ended December 31, 2024 along with Previous Quarter and Corresponding Quarter of the Previous Year ended December 31,2023 as well as Previous year ended March 31, 2024 along with Limited Review Report in the formats as prescribed under the SEBI circular dated 5th July, 2016 and Schedule III to the Companies Act, 2013 (including amendments thereof, if any) along with relevant notes for submission to the stock exchanges be and are hereby approved by the Board of Directors.

RESOLVED FURTHER THAT as recommended by the Audit Committee, pursuant to Regulation 47(1)(b) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, the Un-Audited Financial Results for the Quarter and nine months ended December 31, 2024 along with Previous Quarter and Corresponding Quarter of the Previous Year ended December 31, 2023 as well as previous year ended March 31, 2024 in the format as specified in Annexure I of the SEBI circular dated 5th July, 2016 (including amendments thereof, if any) along with relevant notes for publishing in newspapers be and are hereby approved by the Board of Directors.

RESOLVED FURTHER THAT Mr. Tushar Shah, Director of the Company be and is hereby authorized to sign the aforesaid financial results for and on behalf of the Board of Directors of the Company and the same shall be published in newspapers as required under SEBI Listing Regulations, 2015 and further submitted to the stock exchanges.

RESOLVED FURTHER THAT the Company Secretary or the Chief Executive Officer or any of the Directors of the Company be and are hereby severally authorized to file the same with the Stock Exchanges with whom the Company has been listed and arrange to publish the same in the newspapers and to comply with other requirements of the Listing Regulations as may be required in this connection."

CERTIFIED TRUE COPY

For ADITYA BIRLA MONEY LIMITED

Digitally signed by

MANISHA LAKHOTIA MANISHA LAKHOTIA Date: 2025.01.24 19:31:10

+05'30'

Manisha Lakhotia

Company Secretary and Compliance Officer

Membership N0. A46126

Date: 24th January 2025

Place: Mumbai