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April 28, 2019
Listing Department The National Stock Exchange of India Limited
Exchange Plaza, Bandra - Kurla Complex, Bandra (E), Mumbai - 400051
Dear Sir/Madam,
e L&T Financial Services
Listing Department BSE Limited
Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001
Sub: Submission under Regulation 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Reguirements) Regulations. 2015 ("Listing Regulations").
With reference to the captioned subject, we wish to inform you that the Board of Directors of L&T Infrastructure Finance Company Limited ("the Company") at its Meeting held on April 28, 2019, has approved the Audited Financial Results for the half year and year ended March 31,2019. Accordingly, please find enclosed the following:
'r Audited Financial Results along with Auditors' Report thereon under Regulation 52(1) of Listing Regulations.
'r Declaration regarding Audit Reports with unmodified opinion under Regulation 52(3) of Listing Regulations.
>- Half yearly statement containing details for Non Convertible Debentures (NCO's) under Regulation 52(4) of Listing Regulations.
>- Certificate signed by the Debenture Trustee under Regulation 52(5) of Listing Regulations stating that it has taken note of the contents under Regulation 52(4).
>- Publication of financial results as per Regulation 52(8) of Listing Regulations. >- An initial disclosure pursuant to SEBI circular dated November 26, 2018, as the Company falls
under the definition of "large corporate".
Further, in accordance with Regulation 52 of Chapter V of Listing Regulations, the above mentioned disclosures are uploaded on the website of the Company.
The above information is furnished to you in terms of the relevant provisions of the Uniform Listing Agreement entered into by the Company with the Exchanges.
Kindly take the aforesaid submission on your records and acknowledge the receipt of the letter.
Thanking you,
Yours faithfully,
For L&T Infrastructure Finance Company Limited
J\./~~~; '-': ~·t<~ J"\:d::::-~'::>:=~'--:-------::-:--
Ankit Sheth Company Secretary & Compliance Officer Encl: as above
l& T Infrastructure Finance Co ltd Registered Office Brindiwan, Plot No.1 77, ('5.T Road
Kalina, Santacruz (East)
Murnbai 400 098, MahMHshtra, India
ClN: U67190MH2006PLC299025
T,-912262125000
f +91 226621 7:;09
E contact@ltfs,(orn www.ltfs.con1
Pune
B. K. KHARE & Co. CHARTERED ACCOUNTANTS
T + 91 022 62439500 F + 91 022 2200 3476 E [email protected] 706/708, Shards Chambers New Marine
lines, Mumbai - 400 020, India
Independent Auditor's Report on Annual Financial Statements of L&T Infrastructure Finance Limited pursuant to Regulation 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosu re Requirements) Regulations, 2015
TO THE BOARD O F DIRECTORS OF
L&T INFRASTRUCTURE FINANCE COMPANY LIMITED
1. We have audited t he accompanyi ng annual Financial Results of L&T INFRASTRUCTURE FINANCE LIMITED ("the company") for the year ended March 31, 2019 ("the Statement"), being submitted by the Company pu rsuant to the requirement of regula t ion 52 of SEBI (Listing Obl igations & Disclosure Requirements), 2015. Attention is drawn to the fact that the figures for the half year as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures for the half year of the relevant fina ncial year.
2. The financial result have been prepa red on the basis of the annual financial statements and reviewed half yearly financial resu lts which is the responsibility of the Company 's Management. Our responsibility is to express an opinion on these financial results based on our audit of ann ual financial statements which have been prepared in accordance with the Accounting Standards prescribed under section 133 of the Companies Act, 2013 read with ru le 7 of Companies (Accounts) Rules, 2014 (as amended) and other accounting policies generally accepted in India and in compliance with Regu lation 52 of the Listing Regulat ions.
3. We have conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonab le basis for our opinion.
Bengaluru New Deihl Chennal 1+ 91 020 60601005/6171819 T +91 8041105357 T + 91 011 4905 7624 2nd Floor. Crown Court + 91 02025666932132926341 E [email protected] E [email protected] Cathedral Road.
E [email protected] 101 , Money Chambers. A • 4, Westend, Chenna; • 600086. Hotel Swaroop, 4th Floor. 1st Floor, # 6 K. H. Road, Rao lula Ram Marg, India Lane No.10, Prabhat Road, Shanthinagar. New Delhi - 110021 , Erandwane. Pune - 411004, India Bengaluru - 560027, India India
B. K. KHARE & Co. C H ARTERED ACCOUNTANTS
4. In our opinion and to the best of our information and according to the explanations given to us these financial results :
a. are prepared in accordance with the requirements of regulation 52 of SEBI (Listing Obligations & Disclosure Requirements), 2015
b. give a true and fair view of the net profit and other comprehensive income and other financial information of the Company for the financial year ended March 31, 2019
For B.K. Khare & Co. Chartered Accountants Firm Registration No. 105102W
Padmini Khare Kaicker Partner
("" Membership No. 044784
~ Mumbai, April 28, 2019
S" ~o.
(I)
(II)
(J()
(IV)
(V)
(VI)
(VII)
(\'111)
,\
8
(IX)
(X)
I.&T I'iFR:\STRt"CTt:Rl-: FI:--A."iCl-; CO\lPA~Y I.I~II n :D (,\ wholly o\\ned subsidhlr) of I.&T Fi"lncfo' lIoldlngs limited)
ReKd. Office: Brlnda,·an. Plot ;\"0. 177. C.s:r Road. Kalina. Santacruz (East), ;\lumbai-400 098 CI~: U67190MH2006PI.Cl99025: T: +912262125000; (0': +912266211309
EmalllD: Inn110r&rleunres@:Ub.comWebslte: ",w\'I.Uf'.rom
ST,\n::\IE."iT OF ,\UDITED FI."iA:-":CIAI. RESU.TS FOR Tilt: IMU' n:AR E;\"DED '\'\0 \"I:.\K [."iDED ;\I,\RCII 31.2019
lIalf ~'ear ended \ ear endtd
:\larrh 31. \larrh 31. ;\Iarrh 31, Partirulan 2019 2018 2019
(L'naudhed) (L naudited) 'Audited)
ReH~nue from opt"rations
(.) Interest income 1.286.35 1.020.9.2 ~.S-lS~6
(b) Dividend income
(0) Fees and .:ornnllssiOIl ineom\' 56.83 177 ~ I 2'71.92
(d) Net gain on fair value changes (51.97)
Total re"rnue from operaflGllS 1.343.18 1.146.16 2.817.18
Other Income 23.21 19.65 46.83
Total income 11+11) 1,366.39 1.165.81 2,864.01
Expenses
(.) Finance costs 998.25 85-138 1.940.82
(b) Net loss on f.ur \'alot clLallb'CS 179.90 32 (H 37-1.5.1
(0) Net loss 011 ckrcrognition of financial Instruments under amonised cost eah.! !}ory OS! (39.32) 8A]
(d) impaimKllt on financial instruments (7850) )14 ..JO (8 II)
(e) Employee benc:-fits cxpenses 24 . .27 22 .0 1 50.51
m Depreciilliol1. amortization and impainnent 0.65 0.59 1.12
(g) Others ~.\ptllseS 40.9-1 ]2.8S 74.82
Total t'xp<'Rst'5 1.166.03 1.21755 2.4"2.13
Profili(lOSii) bt'fore ta:. (III - IV) 200.36 (51.74) 411.88
Tax ('''pense:
.) Current tox 49.10 100,55 87.S7
b) Deferrcd tax 47.28 eIl8 .07) 102. 12
Total tax expense (a+b) 96.38 (11.52) 189.W
Profiti(kns) for th(' )·(,.Ir (V-YI) 103.98 (3 .. UZ) 231.89
Other comprt'ht'nsiv(' income
(0 Items Ihat will not be reclassified to profit or loss
a) Remeasurcment of defined benefit liabIlities (assets) (0.33) to 11 ) 10 ))) (ii) Income tax rdatm!} to items thai will not be reclassified to profit or loss 0.12 012
Subtotal (A) (0.21) (0.11) (0.111
(i) Items that will be reclassified to profit or ~s
a) Effective ponion of gain and losses on hedging inSlrument in cash flow l..:dgc
b) Ikbt instruments through other comprehensh'c income 0.88 0 .41) eO.3.,.
(ii) Income ta:< relating to items that will be reclassified to profit or loss 0.03 051 0 .03
Sublotlll (8) 0.91 (0.96) (0.31)
Other eompreil('nsh'e I.romt' ("+8) 0.70 11.01) (0.S2)
Total eompr('be .. sl\'C~ Inrome (or lil(' yt'u (\'11+\'1111 10·4.68 (35.29) IJL31
Earnings p(,r equllY share (. not annualls('d):
(.) Basic (~) 0.S3 ' (0 )9)' 1 I: (b) Diluted (t) 0.83 ' (0.19)· 2 1:
( t in rrore)
.\Iarch 31. 2018
(Audited)
2.267.97
066
J7349
2.6·U.12
24.71
2,666.83
1.731.64
32.64
11069
5]1.70
41 .29
1.13
66.17
2.515.26
ISI.57
10) 95
(9056)
13.39
138.18
(0. 11)
(0.11 )
(O.oJ )
O.OS (0.0) )
0.02
(0.09)
138.09
I."" 1 S4
~otts:
L&T I:o>.FR,\STR(CTURE '-'XA,"Ct.. CO\IP'\~\- U.\IIT[I> {A wholl~' o"nrd subsidiary of I.&:T Financc lIoldinlls l.imirrdl
Regd. Office: Brlndnlln. Plot ,"0. 177. C.S.T Road. Kalinll. SlIntacrUl (East), \lumbai-400 098 CI;\: U67190.\1II2006PLCl99015; T: +91 22 6212~OOO; F: +91 2266117509
EmaillD: in\'C~torgrie\·anees(Rltrs.eom Website: www.urs.com
I Slatement or assm and liabilitin (t In e ro"
Sr . . ,"0.
A ,
2
B ,
2
3
!/
As at ,.\S at Particulars ~Iareh 31. ~larch 31,
2019 1018 ASSETS Financial aucU (., Cash and ca~h equi\'akms :!:!.04 358.24 (bl Bank Balance olher lhan (a) above I-IA2 1" :!4 ('I Recel\abl~
Trade receivables 59.11 .. 9.52 Other Reech'ables 1.75 0.1"
(d, Loans 2-1.736.95 20,764,11 (., 1",'estIDentS 2.08054 2.36-1.98 In Olher financ:ial assets 5. 12 .. ,
Xon-financlal autls (., Cum:ntlax assels (nel) 377.2" 318.39 (b, Defe~d IU ... assets (net) 9~ 1.51 1.02348
('I Proptrty. planl and equipmem 0.70 1.03 (dl Inlanglbk: a5fels under de\'('IopIl~nl 10. 10 " ,05 (.) Olher IIlI:uli,,,bk assels 2A8 ] ,07
In Other non-financial ass.o:ls 176.80 ISLl6
TOTAL· ASSETS 28"'08.77 25.0811.06
LIABILITIES A~D EQUITY
FinanclalllablllUts
(" Pa)'ables (i) Trade payablcs
(" lotal oUlstanding dues of micro enterprises and small enterpnses . (Ii) total oUlslanding dues of creditors other than micro enterprISes and small enterprises .U,S 125S
(11) Olher payables
(.) IOtal outstanding dues of micro enterprises and small cnlerpnscs . (11) total outstanding dllts of aedilors other than IInero (Illerprises and small enlerpn~s 0"'0 0.78
(b) Debt securities 12.9J:!.50 12. 168,87
('I BorTOW11I!o!S (Olher than debl S,-~urilit.-S) 9.56:!.:!9 8"'00.98 (d) Subordinated LiabilitlC$ 1.928.61 1,879.8" (.) Olher finoncu l liabllilies 33 81 178. 7"
Xon fiaa.elalUabUltles (.) Provisions :!.&6 ' 110 (b) Other non-rinaneialliabililies " .29 "".S8
Equity (., Equity shart capital L~55.30 989,91 (bl Olher equity 2.07506 1"'09.9S
TOTAl. - 1.I,\811.1TIES A:\'D t:Qliln' 18.-'08.77 25.Q88.06
.. .. . . . The Company has adopted IndIan Accountmg Standards ( Ind AS) nollfil:d under 5\:Cllon 133 oflh\: Compmllcs ACI 2013 'th\: Aet) read "lIh the ('Olllp:lll1es (lnd131l Aecouilling: Siandards) Rules. 2015 from April t. 2018 and the elTecli\'o: dale of such lransilion is Apnl I, :!017, Such tranSItion has been carried oul fwm the crst\\ hill' Accountmy Standards nOlilied under Ihe Act. read \~ ith relevant rules issued Ihereullder and J;uidelines issuoo by thc Reserve Bank of India rRBn (colkclh'el) referred 10 as Ihe ~Pre\'lOus GAAP"I. The fi l,tures ha\'e been presented in accordance: wilh Ihe fonnat prescribed fOl' financial slalClllelllS for a Non-Banking Finance Compan) (NBFC') whosc finanCial S101CIl1CIlIS are drnwn up in compliance of the Companies (Indian Accounting Standards) Rules. :!015. in Division III o( Notificallon No, GSR 10.:!2 (E) dah:d 11111 Oclobcr. 201 It issu.:d by Ilk! Milllst!) of Corporate Affaire. Go"m\lllenl or ludla.
The-se financi31 rtsuhs hal'c been prepared in accordance wilh thc requiremelll of Regulation 52 of the- SEBI (Listing Obli~ations and Disclosure- Requirl!meiUs) Regulations. 2015. as modified by Circular No. ClR CFD FAC"6:!12016 datl!d July 5 . .:!016 read \\ ith fiR. IMD DFI 692016 d3h:d Augusl 10.2016,
I.&T IS"·RASTRLCTLR .. : FI~:\~n: CO;\IPA'iY U\lITED t A "holl~' o"nt'd subsidiary of I.&T Financ(' lIoldings l.imit«i)
Regd. ornce: Brindann, Plot ;\0.177, c.s: r Road, Kalina, Santanuz (":ast), \lumbai-400 09S ell": U61190:\-1II2006PI.C299025; T: +912262125000; F: +91 2266211509
Email ID: inn~storgrie"[email protected] \\('bsit(': ",,"w.Ufs.com
4 ReconciliatiOll on nl:t profit aft~r tax b~tw~en Previous GAAP and Ind AS for the half year ended and }ear I:nded Man;h 31. ~O I g
Half y('ar ended Sfo. ,,"0. Particulars :\-Iarch 31.
20lS ;\et profit after tax und('r Pr('\'lous GAAP 6.00
('I Incremental cost on fair \aluation of employee stock options plan previously recognised on the basis of intrinsIc value (~.S3)
(bl Changes in fair valuation of investments financial instruments previously recordl:d at cost k-ss other than temporary (137.58)
dlmmution (01 Incremental provision on application of expected credit loss model 40.~8
(dl Increase in borrowing I;ost pursuant to the application of elTective interest rate method as issue expenses were (1.69)
previously adjusted against Securities Premium Account (01 Reversal of amor1ised loss on sale of loan assets now being charg~d in year of sal~. Thl: past 10$SCS \\ere adJustl:d
46AS against retained earnings
(D Interest income recognition on stage 3 loans (I3.4:!) (g) Others 0.34 (hi Deferred t.1X impact on above adjustments ~8.:!0
l'iet profit after tax under Ind AS (34.22) Other comprehensive income ( 1.07) Total comprehensive income under Ind AS (35.29)
5 Reconcihation of equity between Previous GAAP and Ind AS as at April I. :!017 and March J 1.2018
Asat Sr. ;\i • • Particulars )Iarch 31.
20lS Equity under Pre\'lous GA,\P 3.348.2:!
('I Incremeillal cost on fair valuatiOfl of employee stock options plan previously recoJ:,.'1Iised on the basis of intrinSIC \alue (8.17)
(bl Changes m fair ... aluation of nWf: stments financial instruments pre\'ious!y recorded at cost less other than temporary 184.7 1
dnninutlOn (01 Incremental provision on apphci'itton of expected credit loss model (:!.043.30) (dl Increase in borrowing cost pursuailt to the application of effective interest rate method as issue expens~s \\ ere
17.:!1 previously adjusted against Securitu:s Premium Account
('I Interest mcome recognition on stage 3 loans 309.94 (D Others 0.66 (gl Deferred tax impact on above adjustments 590.6:!
Equit"· under Ind AS 2.399.89
( ~I n crorc Year ended ;\Iarch 31.
20lS 75.89
(5.49)
(9~ 41)
(8057)
(3.72)
13945
11:!.1 7 0.19
(7.331
138,18 (0.09)
I3S.09
( t in crore) As at
April I. 2017
:!.S80.S4
0.68)
~65.67
(1.96:! 7~)
15.05
197.76 0.6:!
600.01 1.994.55
6 The results for the half year ended March 31. :2019 being the balancing figure betw~en audited fi\:uTt:s III respect of the full finanCial rear and the published year to date ligures up to the: half year of the current financial year which were subject to hmikd revie" by the Statutol") Auditors of the: Company.
7 The: previousl} issued comparative financial mfonnalion of the Company for the halt'yeu ended March 31. 2018 and for the year ended March 31. 2018 included in the abo\e results ha\'e been prepared after adjusting the impact disclosed in the Note 4 and 5 above
8 The above financial results have been re\'i~wed by the Audit Commillee and subsequentl} fl pproved by the Board of Directors at its meeting held on ApriI2S.2019. rhe results for the )ear ended March 31. 2019 have been audited by the StatuKl ry Auditors of the Company
9 As on March 31. :!019. the Company's c,xposure as senior secured financial creditor to certain infrastructure special purpose entities of IL&FS Group arc in the Stage I categol") and" ithm the ftStandard" classification of RBI's Prudential Nonns HO\\·e\·er. pending resolution of tho; plan submitted by th.; IL&FS Board to the r.:CLAT. recognition of interest of~ 30.08 crore on these loans between I st October. :!O 18 and the )eJ r end has been deferred
10 The pr~vious year Previous GAAP figures have been reclassified regrouped t(llllake them ~'OmparabJc with InJ AS presentation.
In tenlls of our report allached . For B.K,Khare & Co. Chartered Accountants
p~ Partner Membership No : 044784 Fim' PelfiS!"'";.¥' .... o IM!O")W
Place' Mumbai Date : Apni .28 . .20 19
"·or and on behalf of thc Bo.lrd of DJrcctors of
Dina ~ Chairperson ¢it (DIN 035459001
April 28, 2019
National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051
9 L&T Financial Services
SSE Limited Corporate Relations Department, 1st Floor, New Trading Ring, P. J. Towers, Dalal Street, Mumbai - 400001.
Kind Attn: Head - Listing Department I Dept of Corporate Communications
Sub: Declaration regarding Audit Reports with unmodified opinion for the financial year ended March 31, 2019
Dear SirlMadam,
Pursuant to Regulation 52(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") as amended, we hereby declare that Mis. B. K. Khare & Co., Chartered Accountants, Statutory Auditors of the Company have submitted the Audit Reports with unmodified opinion for Audited Financial Results of the Company for the financial year ended March 31, 2019.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For L&T Infrastructure Finance Company Limited
. ;,J~(r 0. '--'~
c;::cc\!'-"I...·· ~
Sachinn Joshi Chief Financial Officer
L& T Infrastructure Finance Co Ltd Registered Office Brindavan, Plot No. 117, C.S.T Road
Kalina, Santacruz (East) Murnbai 400 098, MahiHrt~htril, Indi;'J
ClN: UG7190MH200GPlC299025
T+912262125000
F +91 ?2 667.1 7S09
E cont")ct@ltf .... com www.ltfs.com
April 28, 2019
Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra - Kurla Complex, Sandra (E), Mumbai 400 051
Dear Sir/Madam,
e L&T Financ;al Services
Listing Department BSE Limited Phiroze Jeejeebhoy Tower Dalal Street, Mumbai - 400001
Sub: Details of Non-Convertible Debentures issued on a Private Placement basis under Regulation 52(4) of SEBI (Listing Obligations and Disclosure Reguirements) Regulations, 2015 ("Listing Regulations")
With reference to the above subject, we submit herewith the information and documents as per the provisions of Uniform Listing Agreement entered into with the Stock Exchanges where debt securities of the Company are listed and the Listing Regulations, as amended, for dissemination to the debenture holders as mentioned below:
1. Credit rating and changes in credit rating, if any.
Secured Redeemable Non-Convertible Debentures - 'ICRA AAA' by ICRA Limited (leRA), 'CARE AAA' by CARE Ratings Limited (CARE) and 'IND AAA' by India Ratings and Research Private Limited,
Secured Non - Convertible Debentures (Public Issue / Infra Bonds) - 'ICRA AAA' by ICRA and 'CARE AAA' by CARE,
Unsecured Redeemable Non-Convertible Debentures (Subordinated Debt) - 'ICRA AAA' by ICRA and 'CARE AAA' by CARE.
Unsecured Non-Convertible Debentures in the nature of Perpetual Debt - 'ICRA AA+' by ICRA and 'CARE AA+' by CARE,
2. The said NCDs are secured by exclusive charge on Specific Receivables & pari-passu charge/ mortgage on the immovable property, wherever applicable.
3. The asset cover is Rs. 8,665.47 Crore as on March 31, 2019 and is adequate as per the terms of issue.
4. The Debt Equity Ratio is 6.22 times.
5. Previous due date for the payment of interest / dividend for non-convertible redeemable preference shares / repayment of principal of non-convertible preference shares I non-convertible debt securities and whether the same has been paid or not; and,
l& T Infrastructure Finance Co ltd Registered Office Brindavan, Plot No. 177. C'.I Road Kalina, Santacruz (East)
Mumbai 400 098, Miiharashtra. India (IN: U67190MH2006PLC299025
T +912262125000 F +91 22 6621 7509
E conti~ct@!1 fS.forn www.ltts.com
9 L&T Financial Services
Refer Annexure A
6. Next due date for the payment of interest / dividend of non-convertible preference shares /principal along with the amount of interest / dividend of non-convertible preference shares payable and the redemption amount;
Refer Annexure B
7. Debenture Redemption Reserve:
The Company being a Non-Banking Financial Company, the same is not applicable for Private Placed Debentures.
Further, for Public issue of debentures the balance of Debenture Redemption Reserve as on March 31,2019 is Rs. 314.06 Crore.
8. Net Worth of the Company as on March 31, 2019 is Rs. 3,924.12 Crore.
9. Net Profit after Tax for the year ended March 31, 2019 is Rs. 231.89 Crore.
10. Earnings per share for the year ended March 31, 2019 is Rs. Rs. 2.12 per share.
We confirm that the information submitted as above is true and correct and the undersigned has authority to submit the same to you and that we are aware that above information is expected to be placed on the website of your Stock Exchanges and that of Debenture Trustees.
Thanking you, Yours sincerely,
For L&T Infrastructure Finance Company Limited
Ankit Sheth Company Secretary & Compliance Officer
End. Annexure A & B
Note:
Please note that the above information is available on the website of the Company and Debenture Trustees and Stock Exchanges. The investors may write to us at our Email ID: [email protected], for any further information.
l&T Infrastructure Finance Co ltd Registered Office Brirldavan, Plot NO.1 n, CS.T Hoad
Kalina, Santacruz (East) Mun"'\bai 400 098, Mah~rash1ra, India
(IN: UG7190MH2006PLC29902S
T ,·912262125000
F +91 22 6621 7509
E cOf)t'ac1@itf".(orn www.lth.com
9 L&T Financi.al Services
ANNEXURE A
D t·1 f d t" & e al so !e emp Ion t f· t paymen 0 meres t d . I t h If urmg as a~en Sr. SERIESI TRANCHE Type Due Date of No. (Principal! Payment
1 Series U OF FY 16-17 TIER II 2 Series E 12-13 3 SERIES U FY 15-16 OPT V 4 SERIES U FY 15-16 OPT V 5 SERIES H OF FY 13-14 OPT
II 6 SERIES H OF FY 13-14 OPT
II 7 SERIES A FY 2011-12 8 Series S FY 14-15 Tier II 9 SERIES T FY 14-15 OPT II 10 SERIES I OF FY 13-14 TIER I 11 SERIES V OF FY 16-17 TIER
II 12 SERIES J OF FY 13-14 TIER
II 13 SERIES AJ OF FY 15-16 OPT
II 14 SERIES K OF FY 13-14 TIER
II 15 Series U FY 14-15 Tier II 16 SERIES L OF FY 13-14 TIER
II 17 SERIES 0 OF FY 13-14 TIER
II 18 SERIES W FY 16-17 19 SERIES Z FY 15-16 20 SERIES Z FY 15-16 21 SERIES M OF FY 13-14 TIER
II 22 SERIES AL OF FY 15-16 TIER
I 23 SERIES AK OF FY 15-16 24 SERIES B FY 16-17 OPT 1 25 SERIES B FY 16-17 OPT 1 26 SERIES X FY 16-17 27 SERIES AM OF FY 15-16
OPTI
l&T Infrastructure Finance Co ltd Registered Office Brindavan, Plot No.1 7'1, CS.T Road
Interest) Interest Interest Interest Principal Interest
Principal
Interest Interest Interest Interest Interest
Interest
Interest
Interest
Interest Interest
Interest
Interest Interest Principal Interest
Interest
Interest Interest Principal Interest Interest
Kalina, Santacruz (East)
Mumbai 1.100 098, MahariJ,>htra. India
(IN: U67190MH2006PLC29902S
T +912262125000
F .91226621 7509
E contact@'J11fs.(om
January 4, 2019 January 11, 2019 January 14, 2019 January 14, 2019 January 16, 2019
January 16, 2019
January 18, 2019 January 21, 2019 January 21, 2019 January 29, 2019 January 30, 2019
January 31, 2019
February 8,2019
February 11, 2019
February 18, 2019 February 18, 2019
March 5, 2019
March 5, 2019 March 8, 2019 March 8,2019 March 14,2019
March 18, 2019
March 18, 2019 March 20, 2019 March 20, 2019 March 22, 2019 March 25, 2019
www.ltfs,(OITI
d· 31 032019 mg Actual date of
payment
January 4, 2019 January 11 , 2019 January 14, 2019 January 14, 2019 January 16, 2019
January 16,2019
January 18,2019 January 21 , 2019 January 21, 2019 January 29, 2019 January 30, 2019
January 31, 2019
February 8, 2019
February 11, 2019
February 18, 2019 February 18, 2019
March 5, 2019
March 5, 2019 March 8, 2019 March 8, 2019 March 14, 2019
March 18, 2019
March 18, 2019 March 20, 2019 March 20, 2019 March 22, 2019 March 25, 2019
Sr. SERIESI TRANCHE No.
28 SERIES AM OF FY 15-16 OPTI
29 SERIES AM OF FY 15-16 OPTI
30 SERIES AN OF FY 15-16 OPT II
31 SERIES AN OF FY 15-16 OPT I
32 SERIES AD FY 15-16 OPT II 33 SERIES AD FY 15-16 OPT II 34 Series E 12-13 35 SERIES AE OF FY 15-16 OPT
II 36 SERIES AE OF FY 15-16 OPT
I 37 SERIES AE OF FY 15-16 OPT
I 38 SERIES A FY 2011-12 39 SERIES AF OF FY 15-16 OPT
I 40 SERIES AF OF FY 15-16 OPT
I 41 SERIES L FY 14-15 42 SERIES S FY 16-17 43 SERIES AF OF FY 15-16 OPT
II 44 SERIES AF OF FY 15-16 OPT
II 45 SERIES AF OF FY 15-16 OPT
III 46 SERIES AF OF FY 15-16 OPT
III 47 SERIES F FY 2013-14 48 SERIES F FY 2013-14 49 Series N FY 2014-15 - Tier II 50 SERIES AG OF FY 15-16 51 SERIES T OF FY 16-17 52 SERIES A FY 17-18 53 SERIES AH OF FY 15-16 54 SERIES AH OF FY 15-16 55 SERIES AI OF FY 15-16 OPT
II
l&T Infrastructure Finance Co ltd Registered Office Brind;lVJn, Plot No. 177, C.S.T Ro.,d
Type (Principal I
Interest) Principal
Interest
Interest
Interest
Interest Principal Interest Interest
Interest
Principal
Interest Interest
Principal
Interest Interest Interest
Principal
Interest
Principal
Interest Principal Interest Interest Interest Interest Interest Principal Interest
Kalina, Santauuz (East)
Mumbai 400 098, Mflharashtr;~, India
ClN: U67190MH2006PLC299025
T +91 22 6212 5000
F +9122 66217509 E (ontac1@ltf'i.com
e L&T Financial Services
Due Date of Actual date of Payment payme nt
March 26, 2019 March 26, 2019
March 26, 2019 March 26, 2019
March 29, 2019 March 29, 2019
March 29, 2019 March 29, 2019
October 4, 2018 October 4, 2018 October 4, 2018 October 4, 2018
October 11, 2018 October 11, 2018 October 16, 2018 October 16, 2018
October 16, 2018 October 16, 2018
October 16, 2018 October 16,2018
October 17, 2018 October 17, 2018 October 22, 2018 October 22, 2018
October 22, 2018 October 22, 2018
October 22, 2018 October 22, 2018 October 24, 2018 October 24, 2018 October 29, 2018 October 29, 2018
October 29, 2018 October 29, 2018
November 5, 2018 November 5,2018
November 5, 2018 November 5,2018
November 12, 2018 November 12, 2018 November 12, 2018 November 12, 2018 November 13, 2018 November 13, 2018 November 13, 2018 November 13, 2018 November 16, 2018 November 16, 2018 November 19, 2018 November 19, 2018 November 30, 2018 November 30, 2018 November 30, 2018 November 30, 2018 December 17, 2018 December 17, 2018
www.lth.com
e L&T Financial Services
ANNEXURE B
Details of redemption & interest due in the next half-year I.e. pn , 0 ep' em er , . A '11 2019 t S t b 30 2019
Sr. Series I Tranche No.
1 SERIES AO OF FY 15-16 TIER I 2 Series E 12-13 3 SERIES A FY 16-17 OPT I 4 SERIES A FY 16-17 OPT I 5 SERIES A FY 16-17 OPT II 6 Series A FY 2015-16 - Tier II 7 SERIES A FY 2011-12 8 SERIES B FY 16-17 OPT 2 9 SERIES B FY 16-17 OPT 2 10 Series 0 FY 2015-16 - Tier II 11 Series C FY 2015-16 - Tier II 12 SERIES B FY 16-17 OPT 3 13 SERIES B FY 15-16 14 Series J FY 13-14 15 SERIES E FY 15-16 16 SERIES AN OF FY 15-16 OPT I 17 SERIES AN OF FY 15-16 OPT I 18 SERIES A FY 12-13 19 SERIES C FY 2016-17 OPT 1 20 SERIES C FY 2016-17 OPT 1 21 Series I FY 2015-16 - Tier II 22 SERIES A FY 17-18 23 SERIES J FY 15-16 OPT III 24 SERIES J FY 15-16 OPT I 25 SERIES K FY 15-16 OPT II 26 SERIES K FY 15-16 OPT I 27 SERIES M FY 15-16 OPT II 28 SERIES M FY 15-16 OPT I 29 SERIES L FY 15-16 OPT I 30 SERIES C FY 2013-14 31 SERIES N FY 15-16 OPT II 32 SERIES N FY 15-16 OPT I 33 Series P FY 2015-16 - Tier II 34 SERIES R FY 15-16 35 SERIES 0 OF FY 2016-17 OPT 1 36 SERIES 0 OF FY 2016-17 OPT 1 37 SERIES C OF FY 2014-15 OPT I
L&T Infrastructure Finance Co ltd
Registered Office
Brindavan, Plot No. 111, C.S.T 110,'d Kalina, Santacruz (East)
Mumbai 400 098, Maharashtra, India
ClN: U67190MH2006PLC299025
T ,·912262125000
F +912266217509
E contiKt@ltfs (om
Due date of Type payment (Principal I
Interest) ~pril 2, 2019 Interest April 11,2019 Interest April 12, 2019 Interest ~pril12, 2019 Principal April 15, 2019 Interest April 17,2019 Interest April 18, 2019 Interest April 18, 2019 Interest April 18, 2019 Principal April 22, 2019 Interest April 22, 2019 Interest April 22, 2019 Interest A~Qril 22, 2019 Interest April 29, 2019 Interest April 29, 2019 Interest April 29, 2019 Interest April 29,2019 Principal April 30, 2019 Interest May 10,2019 Interest May 10,2019 PrinciPal May 15,2019 Interest May 20, 2019 Interest May 20,2019 Interest Ma-'t2O,2019 Interest May 22, 2019 Interest May 22,2019 Interest May 27,2019 Interest May 27,2019 Interest May 27,2019 Interest May 29,2019 Interest May 29,2019 Interest May 29, 2019 Interest June 3,2019 Interest June 5,2019 Interest June 6,2019 Interest June 6,2019 Principal
June 13, 2019 Interest
www.!th.com
Amount (Rs.)
28,734,300.00 99,864,000.00 39,267,180.00
450,000,000.00 105,575,520.00 89,000,000.00
119,590,000.00 61,953,408.00
720,000,000.00 39,940,200.00 70,561,020.00 39,259,624.00 88,788,952.00 66,567,000.00 29,086,036.00
7,516,400.00 1,000,000,000.00
198,000,000.00 8,676,160.00
100,000,000.00 38,270,000.00
252,433,002.74 39,230,310.00 27,328,980.00
9,691,000.00 13,215,000.00 17,651,520.00 13,178,820.00
8,858,280.00 91,850,000.00
9,691,000.00 35,240,000.00 53,074,200.00 44,200,000.00 13,050,000.00
150000000 70,993,750.00
S l.&T Financial Services
Sr. Series I Tranche No.
38 SERIES C OF FY 2014-15 OPT I 39 SERIES E OF FY 2016-17 OPT 1 40 SERIES E OF FY 2016-17 OPT 1 41 SERIES D FY 14-15 OPT III 42 SERIES D FY 14-15 OPT III 43 SERIES E OF FY 2016-17 OPT 2 44 SERIES E OF FY 2016-17 OPT 2 45 SERIES E FY 14-15 OPT IV 46 SERIES E FY 14-15 OPT IV 47 SERIES F FY 2014-15 48 SERIES F FY 2014-15 49 Series E 12-13 50 SERIES B OF FY 17-18 TIER II 51 SERIES G FY 16-17 OPT III 52 SERIES G FY 16-17 OPT III 53 SERIES U FY 15-16 OPT VI 54 SERIES A FY 2011-12 55 Series H FY 2016-17 - Tier II 56 SERIES C FY 17-18 57 SERIES G FY 16-17 OPT IV 58 SERIES G FY 16-17 OPT IV 59 SERIES D FY 17-18 OPT II 60 SERIES W FY 15-16 OPT VI 61 SERIES W FY 15-16 OPT V 62 Series K FY 2016-17 - Tier II 63 Series L FY 2016-17 - Tier II 64 SERIES M FY 16-17 OPT I 65 SERIES M FY 16-17 OPT I 66 SERIES N OF FY 16-17 OPT II 67 SERIES N OF FY 16-17 OPT I 68 SERIES X OF FY 15-16 TIER I 69 SERIES E FY 2017-18 70 SERIES a FY 16-17 71 SERIES Y FY 15-16 OPT II 72 Series P FY 2016-17 - Tier II 73 SERIES I FY 14-15 OPT I
74 SERIES I FY 14-15 OPT I
75 SERIES F FY 2017-18
L&T Infrastructure Finance Co ltd Registered Office Brinclavan, Plot No, llJ, C.S.T Road
Kalina, Sant.acruz (Eas1)
Due date of Type payment (Principal I
Interest) June 13, 2019 Principal June 14,2019 Interest June 14,2019 Principal June 18, 2019 Interest June 18, 2019 Principal June 25, 2019 Interest June 25, 2019 Principal June 26, 2019 Interest June 26, 2019 Principal July 4, 2019 Interest July 4, 2019 Principal July 11, 2019 Interest July 15, 2019 Interest July 15, 2019 Interest July 15, 2019 Principal July 17, 2019 Interest July 18, 2019 Interest July 22, 2019 Interest July 22, 2019 Interest July 23, 2019 Interest July 23, 2019 Principal July 25, 2019 Interest
August 7,2019 Interest August 7,2019 Interest August 9, 2019 Interest August 12, 2019 Interest August 16, 2019 Interest August 16, 2019 Principal August 26, 2019 Interest August 26, 2019 Interest August 27, 2019 Interest August 30, 2019 Interest
September 2,2019 Interest September 4,2019 Interest September 9, 2019 Interest
September 11, Interest 2019
September 11, Principal 2019
September 13, Interest 2019
Mumbai 400 09-8, Maharashtra, Indit)
(IN: UGl190MH2006PLC299025
T +9122 6212 5000
F +91 226621 7509
E contac1@!tfHom www.ltis.com
Amount (Rs.)
767,500,000.00 12,906,960.00
150,000,000.00 18,037,500.00
195,000,000.00 10,762,862.00 37,500,000.00 4,417,500.00
47,500,000.00 13,950,000.00
150,000,000.00 100,971,000.00 46,800,000.00 56,719,260.00
650000000 6,209,000.00
120,920,000.00 70,047,200.00
170,500,000.00 9,376,410.00
32,500,000.00 159,900,000.00
8,820,000.00 17,640,000.00 21,625,000.00 21,516,000.00
193,200,000.00 2,300,000,000.00
82,772,800.00 41,386,400.00
148,500,000.00 38,250,000.00 82,772,800.00 17,640,000.00 17,193,600.00 95,712,500.00
1,007,500,000.00
157,500,000.00
S L&T Financial Services
Sr. Series I Tranche Due date of Type Amount No. payment (Principal I (Rs.)
Interest) 76 SERIES AB OF FY 15-16 TIER II September 16, Interest 17,751,200.00
2019 77 SERIES Q FY 16-17 September 16, Interest 123,560,400.00
2019 78 SERIES R FY 16-17 September 16, Interest 80,751,200.00
2019 79 SERIES J FY 14-15 OPT III September 19, Interest 4,750,000.00
2019 80 SERIES J FY 14-15 OPT III September 19, Principal 50000000
2019 81 SERIES K FY 14-15 OPT III September 26, Interest 15,200,000.00
2019 82 SERIES K FY 14-15 OPT III September 26, Principal 160000000
2019 83 SERIES R FY 16-17 September 27, Interest 2,440,400.00
2019 84 SERIES R FY 16-17 September 27, Principal 1,000,000,000.00
2019 85 SERIES M FY 16-17 OPT II September 30, Interest 33,662,683.00
2019 86 SERIES M FY 16-17 OPT II September 30, Interest 117,500,000.00
2019
*Interest payment dates declared only for those Series falling in the next half year i.e. (from April'19 to September'19)
The Company does not expect default in payment of principal/interest due in next half year.
l& T Infrastructure Finance Co ltd
Registered Office BrindJvJn. Plot No.1 n. CS.T i10ad Kalina, Santacruz (Ea!>l)
Mumbai 400 098, MilhariJshtra, India
ClN: U67190MH2006PLC299025
T+91226212S000
F +9122 66217509
E contact@!tf'>.fom www.lth.com
e L&T Finaneialll Services
Public Issue:
For the information of Debenture holders
Public issue by L& T Infrastructure Finance Company Limited (The "Company" or "Issuer") of Long Term Infrastructure Bonds with a Face Value of Rs. 1,000 each, in the nature of Secured, Redeemable, Non-Convertible Debentures, having benefits under section 80 CCF of the Income Tax: Act, 1961 (The "Debentures" or the "Bonds").
The following information is furnished to you as required in terms of the Uniform Listing Agreement entered into by the Company with the National Stock Exchange of India Limited and BSE Limited:
1. Credit rating and changes in credit rating, if any:
Secured Non - Convertible Debentures (Public Issue / Infra Bonds) - 'ICRA AAA' by leRA Limited and 'CARE AAA' by CARE Ratings Limited.
2. The said NCDs are secured by exclusive charge on Specific Receivables & pari-passu charge/ mortgage on the immovable property, wherever applicable.
3. The asset cover is Rs. 8,665.47 Crore as on March 31, 2019 and is adequate as per the terms of issue of NCDs.
4. The Debt Equity Ratio is 6.22 times.
5. Net Worth of the Company as on March 31, 2019 is Rs. 3,924.12 Crore
6. Net Profit after Tax for the year ended March 31,2019 is Rs. 231.89 Crore.
7. Earnings per share for the year ended March 31, 2019 is Rs. 2.12 per share.
8. Previous due date for the payment of interest / principal and whether the same has been paid or not for the period from October 1, 2018 to March 31, 2019 and due date for the payment of interest during next half year for the period from April 1, 2019 to September 30, 2019:
Issue & Option Due Date of Payment During
Previous Half
2010A- Option I 2010A - Option II 2010A- Option III
2010A - Option IV 2011 B Option I 2011B Option II 2011A - Option I l&T Infrastructure Finance Co Ltd Registered Office Brindavan. Piol No. 177. C.S.T Road
Kalina. Santacruz (East) Mumbai 400098, Maharashtra, India
ON: U67190MH2006PLC299025
Year 02-Dec-18
NA 02-Dec-18
NA 10-Jan-19 10-Jan-19 23-Mar-19
Actual Date of Payment During
Previous Half Year
03-0ec-18 NA
03-0ec-18 NA
10-Jan-19 10-Jan-19 25-Mar-19
T +912262125000
F ,·91 22 6621 '1509
E (ontact@lth.(om
Due Date Type Amount to be of Payment (Principal paid at next
During Iinterest) due date Next Half
Year NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
www.ltfs.com
e I.&T Financia.l Services
Issue & Option Due Date of Actual Date of Due Date Type A.mount to be Payment Payment of Payment (Principal paid at next During During During /Interest) due date
Previous Half Previous Half Next Half Year Year Year
2011A - Option II NA NA NA NA NA 2012A Option -I 24-Mar-19 25-Mar-19 NA NA NA 2012A Option -II 24-Mar-19 25-Mar-19 NA NA NA
9. Due date for redemption of principal under various options are:
Issue 2010A 2011A 2011B 2012A
10. Debenture Redemption Reserve:
Issue & Option Amount DRR Ols (Rs. required to
in cr.) be created (Rs. in cr.)
Series 201 OA - Scheme 1 17.33 3.61 Series 2010A - Scheme 2 39.42 8.21 Series 201 OA - Scheme 3 51.04 10.63 Series 201 OA - Scheme 4 108.62 22.61 Series 2011A - Scheme 1 69.1908 13.88 Series 2011A - Scheme 2 235.1403 47.17 Series 2011 B - Scheme 1 124.05 31.99 Series 2011 B - Scheme 2 306.68 79.10 Series 2012A - Scheme 1 100.92 25.31 Series 2012A - Scheme 2 285.34 71.56
For L&T Infrastructure finance Company Limited
1\ , 4 "'~2~ (,-i2 ,-t=:::J ~~----~~~---------:----: .. Ankit Sheth Company Secretary & Compliance Officer
Note:
Principal Redemption Date 02-12-2020 23-03-2021 10-01-2022 24-03-2022
DRR created Funds invested for upto 31.03.2019 debentures maturing
(Rs. in cr.) during FY 2019-20 (Rs. in cr.)
3.61 NA 8.21 NA 10.63 NA 22.61 NA 13.88 NA 47.17 NA 31.99 NA 79.10 NA 25.31 NA 71.56 NA
Please note that above information is available on the website of the Company and Debenture Trustees and Stock Exchanges. The investors may write to us at our Email 10: [email protected], for any further information.
L& T Infrastructure Finance Co Ltd Registered Office Brind.v"", Plot No. 177. C.S.T Road Kalina, Santacruz (East) Mumbai 400 098, M.'lharashtra, India (IN: U67190MH2006PLC299025
T +912262125000
FI-91 22 &621 '1509
E contac:t@!tf!,,(OrTl www.ltfs.com
Believe in yourself. .. Trust us!
CERTIFICATE FOR RECEIPT AND NOTING OF INFORMATION
[Pursuant to Regulation 52(5) of the Securities and Exchange Board of India (Listiog Obligations and Disclosure Requirements) Regulations, 2015]
We, Catalyst Trusteeship Limited ("Debenture Trustee") hereby confirm that we have received and noted (without independent verification thereof) the information, as specified under regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Regulations"), provided to us by L & T Infrastructure Finance Company Limited ("the Company") for the Half year ended on March 31, 2019.
This Certificate is being issued pursuant to the requirements of Regulation 52(5) of the aforesaid Regulations, for onward submission to Stock Exchange(s) by the Company.
For Catalyst Trusteeship Limited
Date: April 28, 2019
CATALYST TRUSTEESHIP LIMITED =~==~=:!'~~='------------------------_--':"::':"::::::':'::::'::':::':::'~::2 MumbalOfflce Office No. 83" 87, 8th Floor, 8 Wing, Mittsl Tower, Nariman Point, Mumbai 1,00021 rei +91 (022) 4922 0555 Fax +91 (022) 4922 0~;05 Regd.Off/cli! GDA House, Plol: No. 85, 8husari Colony (I~ight), Paue! Road, Pune 411 0:58 rei <"91 (020) 25280081 Fax +91 (020) 252802'15 Deihl Office Office No. 213, 2nd floor,Navranq Haus", 21 I<asturba Gandhi Marg, New Delhi-110 001. Tel, 011/;3029101. CIN No. U74999PN1997PLC1l0262 Email e!Uwctltrustee.com Website www.catalysttrustee.com Pune I Mumbal I 8engaluru I Delhi I Chennai
April 28, 2019
Listing Department The National Stock Exchange of India Limited Exchange Plaza, Bandra - Kurla Complex, Bandra (E), Mumbai - 400051
e L&T Financial Services
Listing Department BSE Limited Phiroze Jeejeebhoy Tower Dalal Street, Mumbai - 400001
Sub: Disclosure pursuant to SEBI circular dated November 26,2018.
Dear Sir/Madam,
Pursuant to SEBI circular no SEBIIHO/DDHS/CIR/P/2018/144 dated November 26, 2018 on fund raising by issuance of debt securities by large entities, please find enclosed Annexure A, an initial disclosure to be made by an entity identified as a large corporate.
We request you to take the aforesaid on records.
Thanking You,
Yours faithfully,
For L& T Infrastructure Finance Company Limited
1 -' h D\:;~~~~~~::> 'f\-,k:~~:r::~, ,,' "-. .
Ankit Sheth Company Secretary & Compliance Officer
Encl: as above
l&T Infr.structure Finance Co ltd Registered Office Brindavan, Plot NO. 1}7, CS.T Road
Kalina. Santacruz (East) Mumbai 400 098, Maharashtra, India
(IN: U67190MH200GI'LC299025
T .912262125000 F +912266217509
E rontact<wltfs,(orn www.ltfs.com
e L&T Financial Services
Annexure A Format of the Initial Disclosure to be made by an entity identified as a Large Corporate
Sr. Particulars Details No.
1. Name of the company L&T Infrastructure Finance Company Limited
2. CIN U67190MH2006PLC299025
3. Outstanding borrowing of company as on March 31, Rs. 24,423.41 2019 (in Rs crores)
4. Highest Credit Rating During the previous FY along Rating: AAA (Stable) with name of the Credit Rating Agency
Rating Agency: ICRA Limited, CARE Ratings Limited and India Ratings and Research Private Limited
5. Name of Stock Exchange# in which the fine shall be SSE Limited paid, in case of shortfall in the required borrowing under the framework
We confirm that we are a Large Corporate as per the applicability criteria given under the SESI circular SESI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.
For L& T Infrastructure Finance Company Limited
Ankit Sheth Company Secretary and Compliance Officer Contact Details: 022 6212 5000
Date: April 28, 2019
For L&T Infrastructure Finance Company Limited
,: " 'i"_/'-/;~-' C·! .~<\..-\,.. .-,
(l N
Sachinn Joshi Chief Financial Officer Contact Details: 022 6212 5000
#In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
l& T Infrastructure Finance Co ltd Registered Office Brindavan, Plot No, 1 n, C.5,1 Hoad
Kalina, Santacruz (East)
Murnbai 400 098, Maharashtra, India (IN'lJ67190MH2006PI.C299025
T ,·91 2262125000
F +912266217509
E (ontC)[email protected] www.ltfs.com
Size: 25cms (H)16cms (W) x
STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2019
(` in crore)
Notes:
1. The above financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at its meeting
held on April 28, 2019. The results for the year ended March 31, 2019 have been audited by the Statutory Auditors of the Company.
2. The above is an extract of the detailed format of the audited financial results filed with the National Stock Exchange of India Limited and BSE
Limited (“Stock Exchanges”) under Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full
format of the audited financial results are available on the website of the Stock Exchanges i.e. www.nseindia.com and www.bseindia.com
and on the website of the Company i.e. www.ltfs.com.
3. For the items referred in sub-clauses (a), (b), (d) and (e) of the Regulation 52 (4) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, the pertinent disclosures have been made to the Stock Exchanges and can be accessed on the website of the Stock
Exchanges i.e. www.nseindia.com and www.bseindia.com.
4. These financial results have been prepared in accordance with the requirement of Regulation 52 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016 read with
CIR/IMD/DF1/69/2016 dated August 10, 2016.
5. The Statement referred in Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is available on
the website of the Company i.e. www.ltfs.com.
6. As on March 31, 2019, the Company's exposure as senior secured financial creditor to certain infrastructure special purpose entities of IL&FS
Group are in the Stage 1 category and within the "Standard" classification of RBI's Prudential Norms. However, pending resolution of the
plan submitted by the IL&FS Board to the NCLAT, recognition of interest of ̀ 30.08 crores on these loans between October 01, 2018 and the
year end has been deferred.
Place: MumbaiDate: April 28, 2019
For and on behalf of the Board of DirectorsL&T Infrastructure Finance Company Limited
Dinanath DubhashiChairperson
(DIN: 03545900)
Sd/-
ParticularsSr. No.
1 Total Income from operations
2 Net profit for the year (before tax, exceptional and/or extraordinary items)
3 Net profit for the year before tax (after exceptional and/or extraordinary items)
4 Net profit for the year after tax (after exceptional and/or extraordinary items)
5 Total comprehensive income for the year [Comprising Profit / (Loss) for the year
(after tax) and Other Comprehensive Income (after tax)]
6 Paid up equity share capital
7 Reserves (excluding revaluation reserve)
8 Net worth
9 Paid up debt capital/outstanding debt
10 Outstanding redeemable preference shares
11 Debt equity ratio
12 Earnings per equity share (of ̀ 10/- each) (for continuing and discontinued operations)
(i) Basic EPS (`)
(ii) Diluted EPS (`)
13 Capital redemption reserve
14 Debenture redemption reserve
15 Debt service coverage ratio
16 Interest service coverage ratio
March 31, 2019
Year ended
March 31, 2018
L&T Infrastructure Finance Company Limited(A wholly owned subsidiary of L&T Finance Holdings Limited)Registered Office: Brindavan, Plot No. 177, C.S.T Road, KalinaSantacruz (East), Mumbai 400 098CIN: U67190MH2006PLC299025 T +91 22 6212 5000 F +91 22 6621 7509E-mail ID: [email protected] Website: www.ltfs.com
2,666.83
151.57
151.57
138.18
138.09
989.91
1,409.98
2,393.84
22,449.69
-
9.38
1.54
1.54
-
297.47
NA
NA
2,864.01
421.88
421.88
231.89
231.37
1,255.30
2,675.06
3,924.12
24,423.40
-
6.22
2.12
2.12
-
314.06
NA
NA