Consolidated Statement of Changes in Equity

Equity share capital

( In Crore)

  •  
    For the year ended 31 March
  • Particulars
    2019
    2018
  • Balance at the beginning of the year
    115.03
    109.37
  • Changes in equity share capital during the year {refer note no. 22(a)}
    0.34
    5.66
  • Balance at the end of the year
    115.37
    115.03

Other equity

For the year ended 31 March 2019

( In Crore)

  •  
    Reserves and surplus
     
  • Particulars
    Note No.
    Securities premium
    Retained earnings
    Reserve fund as per NHB Act
    Reserve fund as per RBI Act
    General reserve
    Infrastructure reserve
    Share options outstanding account
    Other comprehensive income on debt securities
    Total other equity
  • Balance as at 31 March 2018
    23
    8,223.73
    4,813.77
    4.49
    1,823.75
    785.65
    9.25
    82.01
    (9.84)
    15,732.81
  • Profit after tax
     
    -
    3,994.99
    -
    -
    -
    -
    -
    -
    3,994.99
  • Other comprehensive income (net of tax)
     
    -
    (10.76)
    -
    -
    -
    -
    -
    10.58
    (0.18)
  •  
     
    8,223.73
    8,798.00
    4.49
    1,823.75
    785.65
    9.25
    82.01
    0.74
    19,727.62
  • Transfer to reserve fund in terms of section 45-IC(1) of the Reserve Bank of India Act, 1934
     
    -
    (779.00)
    -
    779.00
    -
    -
    -
    -
    -
  • Transfer to reserve fund in terms of section 29C of the National Housing Bank Act, 1987
     
    -
    (14.18)
    14.18
    -
    -
    -
    -
    -
    -
  • Transfer to infrastructure reserve in terms of section 36(1)(viii) of the Income Tax Act, 1961
     
    -
    (7.40)
    -
    -
    -
    7.40
    -
    -
    -
  • Dividend including tax thereon
     
    -
    (277.88)
    -
    -
    -
    -
    -
    -
    (277.88)
  • Fair value of stock options – charge for the year
     
    -
    -
    -
    -
    -
    -
    74.80
    -
    74.80
  • Transfer on allotment of shares to employees pursuant to ESOP scheme
     
    17.97
    -
    -
    -
    -
    -
    (17.97)
    -
    -
  • Transfer on cancellation of stock options
     
    -
    -
    -
    -
    0.99
    -
    (0.99)
    -
    -
  •  
     
    8,241.70
    7,719.54
    18.67
    2,602.75
    786.64
    16.65
    137.85
    0.74
    19,524.54
  • Add: Premium on equity shares held in Trust for employees under the ESOP scheme as at 31 March 2018
     
    91.79
    -
    -
    -
    -
    -
    -
    -
    91.79
  • Less: Premium on equity shares held in Trust for employees under the ESOP scheme as at 31 March 2019
     
    34.68
    -
    -
    -
    -
    -
    -
    -
    34.68
  • Balance as at 31 March 2019
    23
    8,298.81
    7,719.54
    18.67
    2,602.75
    786.64
    16.65
    137.85
    0.74
    19,581.65

Other equity

For the year ended 31 March 2018

( In Crore)

  •  
    Reserves and surplus
     
  • Particulars
    Note No.
    Securities premium
    Retained earnings
    Reserve fund as per NHB Act
    Reserve fund as per RBI Act
    General reserve
    Infrastructure reserve
    Share options outstanding account
    Other comprehensive income on debt securities
    Total other equity
  • Balance as at 1 April 2017
    23
    3,710.27
    3,094.53
    0.03
    1,293.75
    785.60
    9.25
    47.46
    2.55
    8,943.44
  • Profit after tax
     
    -
    2,496.37
    -
    -
    -
    -
    -
    -
    2,496.37
  • Other comprehensive income (net of tax)
     
    -
    (5.24)
    -
    -
    -
    -
    -
    (12.39)
    (17.63)
  •  
     
    3,710.27
    5,585.66
    0.03
    1,293.75
    785.60
    9.25
    47.46
    (9.84)
    11,422.18
  • Issue of equity share capital
     
    4,494.67
    -
    -
    -
    -
    -
    -
    -
    4,494.67
  • Share issue expenses
     
    (29.26)
    -
    -
    -
    -
    -
    -
    -
    (29.26)
  • Transfer to reserve fund in terms of section 45-IC(1) of the Reserve Bank of India Act, 1934
     
    -
    (530.00)
    -
    530.00
    -
    -
    -
    -
    -
  • Transfer to reserve fund in terms of section 29C of the National Housing Bank Act, 1987
     
    -
    (4.46)
    4.46
    -
    -
    -
    -
    -
    -
  • Dividend including tax thereon
     
    -
    (237.43)
    -
    -
    -
    -
    -
    -
    (237.43)
  • Fair value of stock options – charge for the year
     
    -
    -
    -
    -
    -
    -
    45.01
    -
    45.01
  • Received on allotment of shares to Trust for employees pursuant to ESOP scheme
     
    67.20
    -
    -
    -
    -
    -
    -
    -
    67.20
  • Transfer on allotment of shares to employees pursuant to ESOP scheme
     
    10.41
    -
    -
    -
    -
    -
    (10.41)
    -
    -
  • Transfer on cancellation of stock options
     
    -
    -
    -
    -
    0.05
    -
    (0.05)
    -
    -
  •  
     
    8,253.29
    4,813.77
    4.49
    1,823.75
    785.65
    9.25
    82.01
    (9.84)
    15,762.37
  • Add: Premium on equity shares held in Trust for employees under the ESOP scheme as at 1 April 2017
     
    62.23
    -
    -
    -
    -
    -
    -
    -
    62.23
  • Less: Premium on equity shares held in Trust for employees under the ESOP scheme as at 31 March 2018
     
    91.79
    -
    -
    -
    -
    -
    -
    -
    91.79
  • Balance as at 31 March 2018
    23
    8,223.73
    4,813.77
    4.49
    1,823.75
    785.65
    9.25
    82.01
    (9.84)
    15,732.81

The accompanying notes are an integral part of the consolidated financial statements

  • As per our report of even date

    On behalf of the Board of Directors

  • For S R B C & CO LLP

    Chartered Accountants

    ICAI Firm registration number: 324982E/E300003

    Sandeep Jain

    Chief Financial Officer

    Nanoo Pamnani

    Vice Chairman and
    Chairman – Audit Committee

    Rahul Bajaj

    Chairman

  • per Arvind Sethi

    Partner

    Membership Number: 089802

    R Vijay

    Company Secretary

    Rajeev Jain

    Managing Director

    Sanjiv Bajaj

    Vice Chairman

  • Pune: 16 May 2019