XML 153 R43.htm IDEA: XBRL DOCUMENT
v3.21.2

Related Parties | 12 Months Ended
--- | ---
Mar. 31, 2021
Disclosure Of Related Party [Abstract] |
Related Parties |
3 8) | RELATED PARTIES
Related parties and nature of related party relationships:
Nature of relationship |  | Name of related parties
Key management personnel |  | Deep Kalra
Key management personnel |  | Rajesh Magow
Key management personnel |  | Mohit Kabra
Key management personnel |  | Aditya Tim Guleri
Key management personnel |  | James Jianzhang Liang#
Key management personnel |  | Paul Laurence Halpin#^ (from April 30, 2018)
Key management personnel |  | Jane Jie Sun# (from August 30, 2019)
Key management personnel |  | Cindy Xiaofan Wang# (from August 30, 2019)
Key management personnel |  | Xing Xiong# (from August 30, 2019)
Key management personnel |  | Xiangrong Li (from September 6, 2019)
Key management personnel |  | Vivek Narayan Gour (upto September 6, 2019)
Key management personnel |  | Patrick Luke Kolek* (upto August 30, 2019)
Key management personnel |  | Charles St Leger Searle* (upto August 30, 2019)
Key management personnel |  | Aileen O’Toole* (from January 24, 2019 to August 30, 2019)
Key management personnel |  | Oliver Minho Rippel*(upto January 24, 2019)
Key management personnel |  | Yuvraj (Raj) Thacoor* (upto April 30, 2018)
Entity providing key management personnel services |  | IQ EQ Corporate Services (Mauritius) Limited
Entities having significant influence over the Company and its subsidiaries |  | Naspers Limited and its subsidiaries (upto August 30, 2019)
Entities having significant influence over the Company and its subsidiaries |  | Trip.com Group Limited (formerly known as Ctrip.com International, Limited)and its subsidiaries (from August 30, 2019)
Equity-accounted investee |  | Inspirock, Inc.
Equity-accounted investee |  | Simplotel Technologies Private Limited
Equity-accounted investee |  | Saaranya Hospitality Technologies Private Limited
Equity-accounted investee |  | Pasajebus SpA (from May 7, 2019)
Equity-accounted investee and its subsidiaries |  | HolidayIQ Pte. Ltd and its subsidiaries (upto January 10, 2020)
Notes: # | nominees of Trip.com Group, Limited (Trip.com)
*nominees of MIH Internet SEA Pte. Ltd. (MIH) (subsidiary of Naspers Limited)
| ^ | Paul Laurence Halpin, who was formerly a nominee of MIH, continues to serve on the board of directors of the Group as a nominee of Trip.com with effect from August 30, 2019.
| (A) | Transactions with key management personnel:
Key management personnel compensation comprised**:
|  | For the year ended March 31 |
Particulars |  | 2019 |  |  | 2020 |  |  | 2021 |
Short-term employee benefits |  |  | 2,239 |  |  |  | 2,287 |  |  |  | 1,961 |
Contribution to defined contribution plan |  |  | 68 |  |  |  | 184 |  |  |  | 21 |
Share based payment |  |  | 21,984 |  |  |  | 19,804 |  |  |  | 16,767 |
Legal and professional |  |  | 76 |  |  |  | 77 |  |  |  | 38 |
Total |  |  | 24,367 |  |  |  | 22,352 |  |  |  | 18,787 |
Note: ** | Provision for gratuity and compensated absences has not been considered, since the provisions are based on actuarial valuations for the Group’s entities as a whole.
|  | As at March 31 |
Balance Outstanding |  | 2020 |  |  | 2021 |
Employee related payables |  |  | 655 |  |  |  | 1,207 |
Accrued expenses |  |  | 48 |  |  |  | 34 |
| (B) | Transactions with entity providing key management personnel services:
|  | For the year ended March 31 |
Transactions |  | 2019 |  |  | 2020 |  |  | 2021 |
Key management personnel services |  |  | 2 |  |  |  | 4 |  |  |  | 5 |
Consultancy services |  |  | 26 |  |  |  | 28 |  |  |  | 13 |
| (C) | Transactions with entity having significant influence over the Company and its subsidiaries:
a) MIH Internet SEA Pte. Ltd. Pursuant to the acquisition of Ibibo Group, the Company received an entitlement on future proceeds from sale of stake in an Indian entity, engaged in the business-to-business online travel industry, from MIH. In September 2018, the Company has realised USD 17,101 against this entitlement. b)Naspers Limited and its subsidiaries The Company collects payment from end customers through subsidiaries of Naspers Limited which are online payment service providers. In this arrangement, payment of Nil (March 31, 2020: USD 402,242 and March 31, 2019:USD 1,002,195) was collected by these entities on behalf of the Company and such amounts were remitted to the Company within a predefined time period. Further, service fee of Nil (March 31, 2020: USD 5,070 and March 31, 2019: USD 11,333) was charged by these entities for rendering these services to the Company, which is recognised under payment gateway charges (refer note 14). The Company procured air tickets of Nil (March 31, 2020: Nil and March 31, 2019:USD 829) as an agent from one of the subsidiaries of Naspers Limited, which operates as a travel product aggregator. Further, the Company also sold hotel room nights and bus tickets as an agent of Nil (March 31, 2020: Nil and March 31, 2019:USD 516) to this entity and paid commission expense of Nil (March 31, 2020: Nil and March 31, 2019:USD 26).
| c) | Trip.com and its subsidiaries
|  | For the year ended March 31 |
Transactions |  | 2019 |  |  | 2020 |  |  | 2021 |
Sale (refund) of air ticketing^ |  |  | — |  |  |  | 1,241 |  |  |  | (14 | )
Purchase (refund) of air ticketing^ |  |  | — |  |  |  | 21,610 |  |  |  | (659 | )
Sale of hotels and packages^ |  |  | — |  |  |  | 7,734 |  |  |  | 425 |
Purchase of hotels and packages^ |  |  | — |  |  |  | 6,451 |  |  |  | 647 |
Commission received |  |  | — |  |  |  | 190 |  |  |  | 11 |
Commission paid |  |  | — |  |  |  | 1,087 |  |  |  | 61 |
Other operating expenses |  |  | — |  |  |  | 1,556 |  |  |  | 284 |
| ^ | represents gross amount booked/charged for the air ticketing and hotels and packages transactions
|  | As at March 31 |
Balance Outstanding |  | 2020 |  |  | 2021 |
Trade and other receivables |  |  | 657 |  |  |  | 62 |
Trade payables |  |  | 1,138 |  |  |  | 489 |
Prepaid expenses |  |  | 97 |  |  |  | — |
| (D) | Transactions with equity-accounted investees and its subsidiaries:
| a) | Simplotel Technologies Private Limited
In September 2018, 1,181 preference shares held in Simplotel were converted into 2,105 equity shares.
| b) | HolidayIQ Pte. Ltd and its subsidiaries
|  | For the year ended March 31 |
Transactions |  | 2019 |  |  | 2020 |  |  | 2021 |
Revenue from air ticketing |  |  | 38 |  |  |  | 6 |  |  |  | — |
Services received |  |  | — |  |  |  | 11 |  |  |  | — |
During the year ended March 31, 2020, the Group has sold its entire stake in HolidayIQ Pte. Ltd for total consideration of USD 700.
| c) | PasajeBus SpA
In May 2019, the Group has acquired approximately 20.5% equity stake in PasajeBus Spa, by exercising its right which was acquired as a part of business combination.
|  | For the year ended March 31 |
Transactions |  | 2019 |  |  | 2020 |  |  | 2021 |
Ancillary revenue |  |  | — |  |  |  | 110 |  |  |  | 81 |
|  | As at March 31 |
Balance Outstanding |  | 2020 |  |  | 2021 |
Trade receivables |  |  | 32 |  |  |  | 22 |
| d) | Saaranya Hospitality Technologies Private Limited
|  | For the year ended March 31 |
Transactions |  | 2019 |  |  | 2020 |  |  | 2021 |
Loan given |  |  | — |  |  |  | — |  |  |  | 55 |
Interest income |  |  | — |  |  |  | — |  |  |  | 3 |
|  | As at March 31 |
Balance Outstanding |  | 2020 |  |  | 2021 |
Loan outstanding |  |  | — |  |  |  | 55 |
| (E) | Terms & conditions
All outstanding balances with these related parties are to be settled in cash. None of the balances is secured. No expense has been recognised in the current year or prior year for bad or doubtful debts in respect of amounts owed by related parties.

X
- Definition The entire disclosure for related parties. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2020-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IAS24_g13-24_TI -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfRelatedPartyExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of related party. + References No definition available. + Details
Name: | mmyt_DisclosureOfRelatedPartyAbstract
Namespace Prefix: | mmyt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration