Edelweiss Financial Services Ltd. - 532922 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Intimation on apportionment of Cost of Acquisition of Equity Shares consequent upon Demerger23-06-2023
23-06-2023
Edelweiss Financial Services Ltd. - 532922 - Announcement under Regulation 30 (LODR)-Credit Rating
Intimation on Credit Rating23-06-2023
Edelweiss Financial Services Ltd. - 532922 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pabrai Investment Fund 3 Ltd & Others09-06-2023
Edelweiss Financial Services Ltd. - 532922 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report for the financial year ended March 31, 2023.30-05-2023
Edelweiss Financial Services Ltd. - 532922 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report for the financial year ended March 31, 2023.30-05-2023
Edelweiss Financial Services Ltd. - 532922 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation in in US Dollars on Demerger of Nuvama Wealth Management26-05-2023
Edelweiss Financial Services Ltd. - 532922 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation in Indian Rupees on Demerger of Nuvama Wealth Management26-05-2023
Edelweiss Financial Services Ltd. - 532922 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Update in US Dollar for the quarter and financial year ended March 31, 2023.26-05-2023
Edelweiss Financial Services Ltd. - 532922 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Update in Indian Rupees for the quarter and financial year ended March 31, 202326-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Edelweiss Financial Services Ltd.
Edelweiss Financial Services announced Q4FY23 & FY23 results: Q4FY23: EFSL post-MI Consolidated PAT of Rs 149 crore EFSL post-MI Ex-Insurance PAT of Rs 208 crore Revenue (consolidated) - Rs 3,027 crore FY23: EFSL post-MI Consolidated PAT of Rs 344 crore, 82% growth YoY EFSL post-MI Ex-Insurance PAT of Rs 610 crore, 51% growth YoY Revenue (consolidated) - Rs 8,633 crore Board of Directors has recommended a Final Dividend of Rs 1.25 per equity share. The total Dividend for the year stands at Rs 1.50 per equity share. Asset Management AUM growth of 31% YoY and profitability at Rs 177 crore for the year Alternatives AUM at Rs 46,500 crore, 52% growth YoY; over 3x growth in YoY PAT Asset Reconstruction profitability at Rs 318 crore for the year, 26% growth YoY Credit business profitability at Rs 153 crore for the year, 38% growth YoY Gross written premium for General Insurance business at Rs 552 crore, growth of 53% YoY Life Insurance business achieved embedded value break-even Speaking on the occasion, Rashesh Shah, Chairman, Edelweiss Financial Services said: “The India growth story remains strong. Despite global macroeconomic slowdown and uncertainty, India’s economy remains resilient with a quadruple balance sheet advantage that reflects across government, banks, RBI, and corporates. At Edelweiss, we have been committed to delivering on our stated priorities. Our ex-Insurance PAT for the year grew 51% YoY to Rs 610 crore and nearly doubled YoY for the quarter. The demerger of Nuvama is well underway and the Record date for allotment of Nuvama shares to our shareholders has been announced as June 2, 2023. The year also saw significant growth in our asset management and insurance businesses. In the Mutual Fund business, AUM grew 24% YoY to Rs 1,05,000 crore and Equity AUM grew 16% YoY to Rs 22,700 crore. The Alternatives platform continues to be a strong performer with profitability of Rs 159 crore, AUM growth of 52% YoY, and fee-paying AUM growth of 32% YoY. The General Insurance business recorded 53% growth in GDPI, securing the highest growth in the industry. The Life Insurance business achieved a significant milestone of Embedded Value (EV) break even and recorded the highest ever Claim Settlement Ratio of 99.2%, a testament to the high-quality franchise we are building. Our wholesale loan reduction is on track with a ~40% reduction achieved in the year and we expect this momentum to continue with a planned reduction of ~50% in the coming year. Over the next financial year, we will continue to create value by building and scaling asset-light and retail-focused businesses, unlock value when opportune for our business & all our stakeholders and further strengthen our balance sheet.” Result PDF26-05-2023