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Financial Risk Management (Tables)
 12 Months Ended
Mar. 31, 2022
Disclosure of financial risk management [Abstract]  
Disclosure of credit risk exposure [text block]
The gross carrying amount of financial assets, net of any impairment losses recognized represents the maximum credit exposure. The maximum exposure to credit risk as of March 31, 2022 and 2021 was as follows:
 
 
 
March 31, 202
2
 
 
March 31, 2021
 
Cash and cash equivalents
 
 
4,574,013
 
 
 
5,502,055
 
Other assets
 
 
334,540
 
 
 
375,802
 
Trade receivables
 
 
10,784,668
 
 
 
8,520,118
 
Other receivables
 
 
29,869
 
 
 
79,830
 
Other investments
 
 
476,050
 
 
 
212,238
 
 
 
 
16,208,556
 
 
 
14,690,043
 
 
Disclosure of financial assets that are either past due or impaired [text block]
 
Period (in days)
 
March 31, 202
2
 
 
March 31, 2021
 
Less than 365 days
 
 
9,492,137
 
 
 
7,849,050
 
More than 365 days
 
 
1,292,531
 
 
 
671,068
 
 
 
 
10,784,668
 
 
 
8,520,118
 
 
Disclosure of maturity analysis for non-derivative financial liabilities [text block]
The following are the contractual maturities of financial liabilities, including estimated interest payments and excluding the impact of netting agreements:
 
As of March 31, 20
22
 
 
 
Carrying
amount
 
 
 
 
Contractual
cash flows
 
 
0-12 months
 
 
1-3 years
 
 
3-5 years
 
 
>5 years
 
Non-derivative financial liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Bank overdrafts
 
 
371,995
 
 
 
371,995
 
 
 
371,995
 
 
 
-
 
 
 
-
 
 
 
-
 
Lease liabilities
 
 
2,207,403
 
 
 
4,281,949
 
 
 
507,037
 
 
 
733,287
 
 
 
430,022
 
 
 
2,611,603
 
Other liabilities
 
 
60,742
 
 
 
60,742
 
 
 
60,742
 
 
 
-
 
 
 
-
 
 
 
-
 
Borrowing from banks
 
 
10,400,424
 
 
 
11,485,975
 
 
 
6,706,849
 
 
 
2,832,392
 
 
 
1,499,683
 
 
 
447,051
 
Borrowings from others
 
 
4,479,774
 
 
 
3,853,303
 
 
 
1,106,150
 
 
 
1,042,525
 
 
 
719,827
 
 
 
984,800
 
Trade and other payables
 
 
10,510,409
 
 
 
10,510,409
 
 
 
10,510,409
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
28,030,747
 
 
 
30,564,373
 
 
 
19,263,182
 
 
 
4,608,204
 
 
 
2,649,532
 
 
 
4,043,454
 
 
As of March 31, 20
21
 
 
 
Carrying
amount
 
 
 
 
Contractual cash flows
 
 
0-12 months
 
 
1-3 years
 
 
3-5 years
 
 
>5 years
 
Non-derivative financial liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Bank overdrafts
 
 
123,666
 
 
 
123,666
 
 
 
123,666
 
 
 
-
 
 
 
-
 
 
 
-
 
Lease liabilities
 
 
2,202,649
 
 
 
4,112,926
 
 
 
539,700
 
 
 
846,466
 
 
 
564,160
 
 
 
2,162,600
 
Other liabilities
 
 
216,284
 
 
 
216,284
 
 
 
216,284
 
 
 
-
 
 
 
-
 
 
 
-
 
Borrowing from banks
 
 
7,174,373
 
 
 
7,790,696
 
 
 
5,139,600
 
 
 
1,947,856
 
 
 
703,311
 
 
 
-
 
Borrowings from others
 
 
2,234,856
 
 
 
2,392,608
 
 
 
1,032,130
 
 
 
726,739
 
 
 
133,783
 
 
 
500,000
 
Trade and other payables
 
 
8,185,844
 
 
 
8,185,844
 
 
 
8,185,844
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
20,137,672
 
 
 
22,822,024
 
 
 
15,237,224
 
 
 
3,521,061
 
 
 
1,401,254
 
 
 
2,662,600
 
Disclosure of market risk [text block]
The Group’s exposure to foreign currency risk as of March 31, 2022 was as follows:
 
All amounts in respective currencies as mentioned (in thousands)
 
 
 
US $
 
 
AUD
 
 
CHF
 
 
EUR
 
 
GBP
 
 
DHS
 
 
HK $
 
 
SG $
 
Cash and cash equivalents
 
 
3,435
 
 
 
-
 
 
 
-
 
 
 
16
 
 
 
51
 
 
 
-
 
 
 
-
 
 
 
-
 
Trade receivables
 
 
29,093
 
 
 
-
 
 
 
-
 
 
 
222
 
 
 
85
 
 
 
-
 
 
 
-
 
 
 
-
 
Trade payables
 
 
(16,369
)
 
 
-
 
 
 
-
 
 
 
(196
)
 
 
(16
)
 
 
(27
)
 
 
(4
)
 
 
-
 
Foreign currency loan
 
 
(9,389
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Net balance sheet exposure
 
 
6770
 
 
 
-
 
 
 
-
 
 
 
42
 
 
 
120
 
 
 
(27
)
 
 
(4
)
 
 
-
 
 
The Group’s exposure to foreign currency risk as of March 31, 2021 was as follows:
 
 
 
US $
 
 
AUD
 
 
CHF
 
 
EUR
 
 
GBP
 
 
DHS
 
 
HK $
 
 
SG $
 
Cash and cash equivalents
 
 
3,066
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
109
 
 
 
-
 
 
 
-
 
 
 
-
 
Trade receivables
 
 
28,648
 
 
 
-
 
 
 
-
 
 
 
62
 
 
 
28
 
 
 
-
 
 
 
-
 
 
 
-
 
Trade payables
 
 
(25,065
)
 
 
(14
)
 
 
-
 
 
 
(48
)
 
 
-
 
 
 
(30
)
 
 
(59
)
 
 
-
 
Foreign currency loan
 
 
(8,225
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Net balance sheet exposure
 
 
(1,576
)
 
 
(14
)
 
 
-
 
 
 
14
 
 
 
137
 
 
 
(30
)
 
 
(59
)
 
 
-
 
Sensitivity analysis for types of market risk [text block] The analysis is performed on
the same basis for 20
21
.
 
 
 
Other comprehensive
income
 
 
Profit or ( loss)
 
March 31, 2022
 
 
-
 
 
 
(52,815
)
March 31, 2021
 
 
-
 
 
 
10,122
 
 
Disclosure of financial instruments by type of interest rate [text block]
At the reporting date the interest rate profile of the Group’s interest –bearing financial instruments were as follows:
 
 
 
Carrying amount
 
 
 
March 31, 202
2
 
 
March 31, 2021
 
Fixed rate instruments
 
 
 
 
 
 
 
 
Financial assets
 
 
 
 
 
 
 
 
- Fixed deposits with banks
 
 
1,905,131
 
 
 
3,049,337
 
- Investment in debt securities
 
 
211,537
 
 
 
210,510
 
 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
- Borrowings from banks
 
 
173,184
 
 
 
245,874
 
- Borrowings from others
 
 
4,781,393
 
 
 
2,522,919
 
 
 
 
 
 
 
 
 
 
Variable rate instruments
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
- Borrowings from banks
 
 
10,227,240
 
 
 
6,928,399
 
- Bank overdrafts
 
 
371,995
 
 
 
123,566
 
Disclosure of detailed information about the changes in equity and net profit due to changes in base points of variable interest [text block]
 
 
Equity
 
 
Profit or (loss)
 
March 31, 2022
 
 
-
 
 
 
(69,438
)
March 31, 2021
 
 
-
 
 
 
(43,823
)