GRUH FINANCE Ss" LIMITED We felp you build homes SEC: 2016: April 20, 2016 The BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, 26th Floor, Dalel Street Bandra-Kurla Complex, Mumbai ~ 400 001 Bandra (E }, Mumbai 400 051 ‘Symbol : GRUH ise of Audited Financial Results for the quarter / year ended March 31, We forward herewith a copy of the press release in respect of the Audited financial results of the Company for the quarter / year ended March 31, 2016. This is for your kind information and record. Kindly arrange to inform all your constituents accordingly. Kindly acknowledge receipt. ‘Thanking you, Yours sincerely, For GRUH FINANCE LIMITED oul MARCUS LOBO Company Secretary Encl: aa Registered Office:"GRUH", Netaji Marg, Near Mithakhali Six Roads, Ellisbridge, Anmedabad-380 006 Tol. :(91)(78) 3290 1222/23,2642 1671-74 Fax: (91)(79) 26560649 CIN:L85923GJ1986PLC008809 - Website: www.gruh.comGRUH FINANCE Sse" LIMITED We thélp you build homes GRUH FINANCE LTD. FINANCIAL RESULTS FOR THE PERIOD APRIL 1, 2015 TO MARCH 31, 2016 ‘The Board of Directors of GRUH Finance Ltd. (GRUH} ~ @ subsidiary of HDFC Ltd. ~ has approved the annual audited accounts for the year endad March 31, 2016 at their mooting held in Mumbai on April 19, 2016. FINANCIAL RESULTS Profit after tax for the year amounted to Rs. 243.58 crores as compared to Rs, 203.80 crores for the previous year indicating a growth of 20%. The profit for the yeer has been arrived at after charging Rs. 24.17 crores (Previous Year Rs. 19.33 crores) towards of Deferred Tax Liability [DTL) on Special Reserve created during the year and Rs. 2.26 crore on Corporate Social Responsibility (CSR) Activities. Dividend The Board of Directors recommend payment of dividend for the year ended March 31, 2016 of Rs. 2.30 per equity share as against Rs. 2.00 per equity share in the previous year. Dividend payout ratio for the year inclusive of tax on dividend will be 41.34%. Dividend and the distribution tax on dividend on equity shares have absorbed Rs. 83.65 crores and Rs. 17.03 crores respectively and the balance has been transferred to reserves. Year on year financial performance is as follows (Res. in crore) Particulars 2015-16 2014-15 Growth (96) Loan Assets 11114.56 8926.48 25 Net Interest Margin 420.17 343.66 23, Operating Profit 380.50 312.75 22. Profit Before Tax 361.70 300.84 20, Profit After Tax 243.58 203.80 20 Return on Networth 31.49% 30.91% Registered Office:*GRUH’, Netaji Marg, Near Mithakhali Six Roads, Ellisbridge, Ahmedabad-380 006. Tol. :(91) (79) 3290 1222/23, 26421671-74 Fax: (91) (79) 2656 0649 CIN:L65923GJ1986PLC008809 - Website: www.gruh.comGRUH FINANCE Sse LIMITED We Fiip you build homes Loan Portfolio ‘The loan portfolio as at March 31, 2016 amounted to Rs. 1114.56 crores es against Re. 8926.48 crores in the previous year an increase of 25%. LENDING OPERATIONS Loan Disbursements Loan disbursements during the year were Rs. 3856.58 crores as against Rs. 3120.87 crores in the previous year, representing a growth of 24%. Cumulative loan disbursements as of March 31, 2016 were Fis. 19071.70 crores. Non-Performing Loans ‘The gross NPA as at March 31, 2016 stands at Rs 36.55 crores. Gross NPA constitute 0.32% of the total loan outstanding of Rs. 1114.56 crores as against gross NPA for the previous year at Rs. 25.05 crores or 0.28% of the outstanding loans. GRUH is required to carry a provision of Rs. 8.54 crores in the Balance Sheet as at March 31, 2016 on its NPA portfolio as per the guideline of NHB. GRUH also carries provision on its standard asset portfolio and additional provision for contingencies aggregating Rs. 68.07 crore. The Net NPA stands at Rs. 10.38 crore indicating a ratio of Net NPA to Loans of 0.09% at the end of March 31, 2016. CAPITAL ADEQUACY RATIO. Following the accretion to reserves of Rs. 142.87 crore from the current year's profits, the Networth of the Company has grown to Rs. 835.30 crore, up from Rs. 711.49 crore in the previous year. Capital Adequacy Ratio (CAR) for the company stands at 17.82% as at March 31, 2016 as against the required minimum CAR of 12% as stipulated by NHB. The Tier | Capital stands at 16.13% while Tier Il capital is 1.69%. DEPOSITS: GRUHs deposits portfolio has grown to Rs. 1462.30 crores from Rs, 1292.10 crores during the year indicating a growth of 13%. GRUH’s Fixed Deposit programme is rated *FAAA” by CRISIL and "MAAA" by ICRA. The rating of "FAAA" and "MAAA" indicates the degree of safety of repayment of principal and interest is Very Strong. GRUH’s Short Term borrowings including Commercial Paper (CP) and short term NCD's is rated at “A1(+)" by ICRA During the year, GRUH's credit rating for Long term Non Convertible Debenture (NCD) and Subordinated Debt NCD's (Tier Il) was upgraded by ICRA to AAA. Registered Office:*GRUN’ Netaji Marg, Near Mithakhali Six Roads, Ellisbridge, Ahmedaba: Tol. :(91)(79) 8290 1222/23, 2642 1671-74 Fax: (91)(79)2656 0649 CIN:L65923GJ1986PLC008809 - Website: www.gruh.comGRUH FINANCE 2se_ LIMITED We tip you build homes RETAIL NETWORK GRUH expanded its retail office network to 179 offices across 10 states of the country from 154 offices in the last year. GRUH has 46 offices in Gujarat, 49 offices in Maharashtra, 17 offices in Karnataka, 27 offices in Madhya Pradesh, 12 offices in Rajasthan, 13 offices in Chhatisgarh, 10 offices in Tamil Nadu, 3 office in Uttar Pradesh and one each in Bihar and Jharkhand. AWARDS AND RECOGNITION During the year, the Managing Director of the Company Mr. Sudhin Choksey was awarded the prestigious ICAI Award 2015 under the Business Leader — Financial Sector category which was presented at a function in New Delhi on January 16, 2016 GRUH also won the Gujarat Ratna Award for Excellence in the Financial Sector. The awards which were instituted by CNBC Bazaar were presented at a function held in Ahmedabad on March 12, 2016. April 19, 2016 Registered Office:"GRUH’ , Netaji Marg, Near Mithakhali Six Roads, Ellisbridge, Anmedabad-380 006. Tel. :(91) (79) 3290 1222/23, 2642 1671-74 Fax: (91) (79) 26560649, ‘CIN: L65923GJ1986PLC008809 - Website: www.gruh.com