Integrated Filing (Finance) Ind AS


Credifin Limited (formerly known as PHF Leasing Limited)

General Information
BSE Scrip code 000000
NSE Symbol*000000
MSEI Symbol *CRED
ISIN*INE405N01016
Type of companyMain Board
Class of securityEquity
Date of start of financial year01-04-2025
Date of end of financial year31-03-2026
Date of board meeting when results were approved05-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange27-04-2026
Description of presentation currencyINR
Level of roundingLakhs
Reporting TypeQuarterly
Reporting QuarterFourth quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unaudited for the quarter endedAudited
Whether results are audited or unaudited for the Year to date for current period ended/year endedAudited
Segment ReportingSingle segment
Description of single segmentCompany as a Whole
Start date of board meeting05-05-2026
Start time of board meeting14:11:00
End date of board meeting05-05-2026
End time of board meeting18:05:00
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 qualificationDeclaration of unmodified opinion
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank's staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a 'high value debt listed entity' according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated05-05-2026
Indicate Company website link for updated RPT policy of the Companyhttps://www.credif.in/disclosure-under-regulation-46
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?NoTextual Information(1)

Amount in (Lakhs)

Financial Results - Ind-AS
Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-202601-04-2025
Date of end of reporting period31-03-202631-03-2026
Whether results are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
Part IBlue 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 operations2,161.682,161.68
Other income261.99784.31
Total income2,423.672,423.67
2Expenses
(a)Cost of materials consumed0.000.00
(b)Purchases of stock-in-trade0.000.00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade0.000.00
(d)Employee benefit expense610.90610.90
(e)Finance costs863.113,218.07
(f)Depreciation, depletion and amortisation expense46.2346.23
(g)Other Expenses
1Impairment on financial instruments222.67222.67
2Other expenses201.41768.48
Total other expenses424.081,261.26
Total expenses1,944.321,944.32
3Total profit before exceptional items and tax479.35707.47
4Exceptional items0.000.00
5Total profit before tax479.35707.47
6Tax expense
7Current tax1.171.17
8Deferred tax128.7167.84
9Total tax expenses127.54127.54
10Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement0.000.00
11Net Profit Loss for the period from continuing operations351.81351.81
12Profit (loss) from discontinued operations before tax0.000.00
13Tax expense of discontinued operations0.000.00
14Net profit (loss) from discontinued operation after tax0.000.00
15Share of profit (loss) of associates and joint ventures accounted for using equity method0.000.00
16Total profit (loss) for period351.81468.67
17Other comprehensive income net of taxes0.360.36
18Total Comprehensive Income for the period352.17471.92
19Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21Details of equity share capital
Paid-up equity share capital3,082.933,082.93
Face value of equity share capital1010
22Reserves excluding revaluation reserve5,607.62
23Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations1.142.17
Diluted earnings (loss) per share from continuing operations1.141.14
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiiEarnings per equity share (for continuing and discontinued operations)
Basic earnings (loss) per share from continuing and discontinued operations1.142.17
Diluted earnings (loss) per share from continuing and discontinued operations1.141.14
24Debt equity ratio
25Debt service coverage ratio
26Interest service coverage ratio
27Remarks for debt equity ratio
28Remarks for debt service coverage ratio
29Remarks for interest service coverage ratio
30Disclosure of notes on financial results

Amount in (Lakhs)

Other Comprehensive Income
Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-202601-04-2025
Date of end of reporting period31-03-202631-03-2026
Whether results are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
1Net gain on equity instruments designated at FVOCI7.524.16
Total Amount of items that will not be reclassified to profit and loss7.527.52
2Income tax relating to items that will not be reclassified to profit or loss1.390.54
3Amount of items that will be reclassified to profit and loss
1Re-measurement losses on defined benefit plans8.779.18
Total Amount of items that will be reclassified to profit and loss8.779.18
4Income tax relating to items that will be reclassified to profit or loss2.282.31
5Total Other comprehensive income

Amount in (Lakhs)



Statement of Asset and Liabilities
ParticularsYear ended (dd-mm-yyyy)
Date of start of reporting period01-04-2025
Date of end of reporting period31-03-2026
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Assets
1Non-current assets
Property, plant and equipment419.47
Capital work-in-progress1.17
Investment property0.00
Goodwill0.00
Other intangible assets158.09
Intangible assets under development0.00
Biological assets other than bearer plants0.00
Investments accounted for using equity method0.00
Non-current financial assets
Non-current investments1,319.49
Trade receivables, non-current0.00
Loans, non-current15,340.26
Other non-current financial assets
1Right of Use Assets509.06
2Other non current financial assets331.78
Total of other non-current financial assets840.84
Total non-current financial assets17,500.59
Deferred tax assets (net)0.00
Other financial assets
1Other non current assets91.58
Total of other non-current assets91.58
Total non-current assets18,170.90
2Current assets
Inventories0.00
Current financial asset
Current investments889.83
Trade receivables, current528.47
Cash and cash equivalents5,022.57
Bank balance other than cash and cash equivalents2,362.72
Loans, current10,684.45
Other current financial assets
1Other current financial assets962.25
Total of Other current financial assets962.25
Total current financial assets20,450.29
Current tax assets (net)0.00
Other current assets
1Other current assets13.28
Total of other current assets13.28
Total current assets20,463.57
3Non-current assets classified as held for sale
4Regulatory deferral account debit balances and related deferred tax Assets
Total assets38,634.47
Equity and liabilities
1Equity
Equity attributable to owners of parent
Equity share capital3,082.93
Other equity5,607.62
Total equity attributable to owners of parent8,690.55
Non controlling interest
Total equity8,690.55
2Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current13,098.43
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises0.00
Total Trade payable0.00
Other non-current financial liabilities
1Lease Liability592.17
2Other financial liabilities57.89
Total of other non-current financial liabilities650.06
Total non-current financial liabilities13,748.49
Provisions, non-current15.40
Deferred tax liabilities (net)153.78
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities13,917.67
Current liabilities
Current financial liabilities
Borrowings, current13,800.25
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises5.10
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises1,860.57
Total Trade payable1,865.67
Other current financial liabilities
1Other financial liabilities206.92
Total of other current financial liabilities206.92
Total current financial liabilities15,872.84
Other current liabilities
1Statutory dues92.53
Total of other current liabilities92.53
Provisions, current0.00
Current tax liabilities (Net)60.88
Deferred government grants, Current
Total current liabilities16,026.25
3Liabilities directly associated with assets in disposal group classified as held for sale
4Regulatory deferral account credit balances and related deferred tax liability
Total liabilities29,943.92
Total equity and liabilites38,634.47
Disclosure of notes on assets and liabilities

Amount in (Lakhs)

Cash flow statement indirect
ParticularsYear ended (dd-mm-yyyy)
Date of start of reporting period01-04-2025
Date of end of reporting period31-03-2026
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Part IBlue color marked fields are non-mandatory.
1Statement of cash flows
Cash flows from used in operating activities
Profit before tax707.47
2Adjustments for reconcile profit (loss)
Adjustments for finance costs3,218.07
Adjustments for decrease (increase) in inventories0.00
Adjustments for decrease (increase) in trade receivables, current0.00
Adjustments for decrease (increase) in trade receivables, non-current0.00
Adjustments for decrease (increase) in other current assets204.85
Adjustments for decrease (increase) in other non-current assets0.00
Adjustments for other financial assets, non-current0.00
Adjustments for other financial assets, current4,102.54
Adjustments for other bank balances0.00
Adjustments for increase (decrease) in trade payables, current780.63
Adjustments for increase (decrease) in trade payables, non-current0.00
Adjustments for increase (decrease) in other current liabilities0.00
Adjustments for increase (decrease) in other non-current liabilities0.00
Adjustments for depreciation and amortisation expense0.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss0.00
Adjustments for provisions, current1.56
Adjustments for provisions, non-current0.00
Adjustments for other financial liabilities, current679.60
Adjustments for other financial liabilities, non-current0.00
Adjustments for unrealised foreign exchange losses gains0.00
Adjustments for dividend income0.00
Adjustments for interest income6,596.38
Adjustments for share-based payments0.00
Adjustments for fair value losses (gains)0.00
Adjustments for undistributed profits of associates0.00
Other adjustments for which cash effects are investing or financing cash flow0.00
Other adjustments to reconcile profit (loss)0.00
Other adjustments for non-cash items262.02
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0.00
Total adjustments for reconcile profit (loss)7,321.09
Net cash flows from (used in) operations6,613.62
Dividends received0.00
Interest paid3,256.75
Interest received6,949.02
Income taxes paid (refund)70.04
Other inflows (outflows) of cash0.00
Net cash flows from (used in) operating activities2,991.39
3Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses0.00
Cash flows used in obtaining control of subsidiaries or other businesses0.00
Other cash receipts from sales of equity or debt instruments of other entities0.00
Other cash payments to acquire equity or debt instruments of other entities0.00
Other cash receipts from sales of interests in joint ventures0.00
Other cash payments to acquire interests in joint ventures0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships0.00
Proceeds from sales of property, plant and equipment2.08
Purchase of property, plant and equipment122.22
Proceeds from sales of investment property0.00
Purchase of investment property0.00
Proceeds from sales of intangible assets0.00
Purchase of intangible assets0.00
Proceeds from sales of intangible assets under development0.00
Purchase of intangible assets under development0.00
Proceeds from sales of goodwill0.00
Purchase of goodwill0.00
Proceeds from biological assets other than bearer plants0.00
Purchase of biological assets other than bearer plants0.00
Proceeds from government grants0.00
Proceeds from sales of other long-term assets0.00
Purchase of other long-term assets1,602.62
Cash advances and loans made to other parties0.00
Cash receipts from repayment of advances and loans made to other parties0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts0.00
Dividends received0.00
Interest received185.83
Income taxes paid (refund)0.00
Other inflows (outflows) of cash0.00
Net cash flows from (used in) investing activities1,536.93
4Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries0.00
Payments from changes in ownership interests in subsidiaries0.00
Proceeds from issuing shares0.00
Proceeds from issuing other equity instruments1,503.16
Payments to acquire or redeem entity's shares0.00
Payments of other equity instruments0.00
Proceeds from exercise of stock options0.00
Proceeds from issuing debentures notes bonds etc3,200.22
Proceeds from borrowings2,606.93
Repayments of borrowings47.13
Payments of lease liabilities72.18
Dividends paid0.00
Interest paid0.00
Income taxes paid (refund)0.00
Other inflows (outflows) of cash0.00
Net cash flows from (used in) financing activities7,191.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes2,662.68
5Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents0.00
Net increase (decrease) in cash and cash equivalents2,662.68
Cash and cash equivalents cash flow statement at beginning of period4,722.61
Cash and cash equivalents cash flow statement at end of period7,385.29

Amount in (Lakhs)



Details of Impact of Audit Qualification
Whether results are audited or unauditedAudited
Declaration of unmodified opinion or statement on impact of audit qualificationDeclaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33(3)(d) of SEBI(LODR) Regulation, 2015:The company declares that its Statutory Auditor / s have issued an Audit Report with unmodified opinion for the period on Standalone resultsYes
Sr.NoAudit firm's nameWhether the firm holds a valid peer review certificate issued by Peer Review Board of ICAICertificate valid upto
1GSA & Associates LLPYes31-03-2027
2

Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr. No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of the related party transaction ratified by the audit committeeDate of Audit Committee Meeting where the ratification was approvedValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investments
NameNameRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment)Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)Notes
1Credifin LimitedVijay Kumar SareenWhole Time DirectorInterest paid53.12Approved2.9346.2358.59
2Credifin LimitedVijay Kumar SareenWhole Time DirectorInterest paid15.00Approved0.9316.5316.85
3Credifin LimitedAashim SareenSon of Whole Time DirectorInterest paid50.25Approved3.1454.0556.36
4Credifin LimitedAashim SareenSon of Whole Time DirectorInterest paid20.10Approved1.8630.5132.17
5Credifin LimitedAashim SareenSon of Whole Time DirectorInterest paid5.00Approved0.285.005.00
6Credifin LimitedSwati GuptaDaughter-In-Law of Whole Time DirectorInterest paid13.42Approved0.8714.8615.64
7Credifin LimitedSwati GuptaDaughter-In-Law of Whole Time DirectorInterest paid20.10Approved1.8630.5132.17
8Credifin LimitedSwati GuptaDaughter-In-Law of Whole Time DirectorInterest paid5.00Approved0.285.005.00
9Credifin LimitedSangeeta SareenWife of Whole Time DirectorInterest paid65.92Approved4.0570.7073.85
10Credifin LimitedSangeeta SareenWife of Whole Time DirectorInterest paid8.00Approved0.478.008.00
11Credifin LimitedSangeeta SareenWife of Whole Time DirectorInterest paid18.15Approved1.1320.1320.64
12Credifin LimitedParveen AroraSister of Whole Time DirectorInterest paid19.18Approved1.0818.5620.70
13Credifin LimitedAarish SareenSon of Whole Time DirectorInterest paid13.41Approved0.7413.0613.73
14Credifin LimitedAarish SareenSon of Whole Time DirectorInterest paid5.00Approved0.285.005.00
15Credifin LimitedShant Kumar GuptaFather of DirectorInterest paid8.40Approved0.538.719.19
16Credifin LimitedManthan GuptaBrother of DirectorInterest paid6.50Approved0.404.897.05
17Credifin LimitedManthan GuptaBrother of DirectorInterest paid5.00Approved0.478.118.54
18Credifin LimitedManthan GuptaBrother of DirectorAny other transactionProfessional Fees3.30Approved3.300.000.00
19Credifin LimitedMeghal GuptaNon-Executive DirectorInterest paid35.93Approved2.3036.0440.28
20Credifin LimitedMeghal GuptaNon-Executive DirectorInterest paid8.00Approved0.7813.1713.88
21Credifin LimitedMeghal GuptaNon-Executive DirectorAny other transactionProfessional Fees6.60Approved6.600.000.00
22Credifin LimitedNeha GuptaMother of DirectorInterest paid7.02Approved0.446.327.62
23Credifin LimitedNeha GuptaMother of DirectorInterest paid2.00Approved0.203.363.54
24Credifin LimitedArushi JindalWife of DirectorInterest paid9.57Approved0.618.4410.79
25Credifin LimitedArushi JindalWife of DirectorInterest paid1.00Approved0.081.441.52
26Credifin LimitedIsha JindalDaughter of DirectorInterest paid30.00Approved1.600.0044.97
27Credifin LimitedSangeeta SareenWife of Whole Time DirectorAny other transactionRent1.39Approved1.390.000.00
28Credifin LimitedDeepali GuptaMother of Managing Director and Chief Executive OfficerAny other transactionRent9.00Approved9.000.000.00
29Credifin LimitedDeepali GuptaMother of Managing Director and Chief Executive OfficerAny other transactionRent3.00Approved3.000.000.00
30Credifin LimitedDinesh GuptaFather of Managing Director and Chief Executive OfficerAny other transactionRent6.00Approved6.000.000.00
31Credifin LimitedDinesh GuptaFather of Managing Director and Chief Executive OfficerAny other transactionProfessional Charges4.69Approved4.690.000.00
32Credifin LimitedVijay Kumar SareenWhole Time DirectorAny other transactionRemuneration12.24Approved12.240.000.00
33Credifin LimitedShikha KapoorCompany SecretaryAny other transactionRemuneration0.10Approved0.100.000.00
34Credifin LimitedManika AroraCompany SecretaryAny other transactionRemuneration1.88Approved1.880.000.00
35Credifin LimitedKuldip BhandariChief Financial OfficerAny other transactionRemuneration6.52Approved6.520.000.00
36Credifin LimitedKumar Shalya GuptaManaging Director and Chief Executive OfficerAny other transactionRemuneration85.10Approved85.100.000.00
37Credifin LimitedAshwani Kumar JindalIndependent DirectorInterest paid16.00Approved0.800.000.00
38Credifin LimitedAshwani Kumar JindalIndependent DirectorAny other transactionSitting Fees0.75Approved0.750.000.00
39Credifin LimitedAditi KapurIndependent DirectorAny other transactionSitting Fees0.60Approved0.600.000.00
40Credifin LimitedSunil Kumar MehtaIndependent DirectorAny other transactionSitting Fees1.50Approved1.500.000.00
41Credifin LimitedShant Kumar Gupta HUFHUF of DirectorInterest paid10.00Approved0.970.000.00
42Credifin LimitedShant Kumar Gupta HUFHUF of DirectorInterest paid43.75Approved1.360.000.00
43Credifin LimitedDinesh Gupta & CoFirm of Relative of Chief Executive OfficerAny other transactionProfessional Fees4.98Approved4.980.000.00
44Credifin LimitedDSB Law GroupCompany of Relative of Managing Director and Chief Executive OfficerAny other transactionProfessional Fees4.98Approved4.980.000.00
45Credifin LimitedDSB Tax ConsultantFirm of Relative of Managing Director and Chief Executive OfficerAny other transactionProfessional Fees2.52Approved2.520.000.00
46Credifin LimitedDinesh GuptaFather of Managing Director and Chief Executive OfficerAny other transactionReimbursement of expenses5.99Approved5.990.000.00
47Credifin LimitedMeghal GuptaNon-Executive DirectorAny other transactionReimbursement of expenses2.02Approved0.000.000.00
48Credifin LimitedKumar Shalya GuptaManaging Director and Chief Executive OfficerAny other transactionReimbursement of expenses10.40Approved10.400.000.00
49Credifin LimitedVijay Kumar SareenWhole Time DirectorAny other transactionReimbursement of expenses0.22Approved0.220.000.00
50Credifin LimitedAgile Finserv Private LimitedCompanyInterest paid51.00Approved4.9282.7387.16
Total value of transaction during the reporting period207.12