XML 97 R78.htm IDEA: XBRL DOCUMENT
v3.25.1

Financial Risk Management (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2025
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, 2025 and 2024 was as follows:
|  | March 31, 2025 |  |  | March 31, 2024 |
Cash and cash equivalents (Including other bank deposits) |  |  | 6,304,026 |  |  |  | 5,394,189 |
Restricted Cash |  |  | 453,800 |  |  |  | 440,445 |
Other assets |  |  | 2,393,363 |  |  |  | 2,004,216 |
Trade receivables |  |  | 10,892,452 |  |  |  | 10,155,223 |
Other receivables |  |  | 316,403 |  |  |  | 157,779 |
Other investments |  |  | 1,229,808 |  |  |  | 1,203,862 |
|  |  | 21,589,852 |  |  |  | 19,355,714 |
Disclosure of financial assets that are past due or impaired [Text Block] | Allowances for impairment for trade receivables have been provided based on Expected Credit Loss Method adopting a simplified approach provided in IFRS 9. The ageing analysis of trade receivables has been considered from the due date for the practical expedient. The ageing of trade receivables, net of allowances, is given below:
Period (in days) |  | March 31, 2025 |  |  | March 31, 2024 |
Less than 365 days |  |  | 10,564,027 |  |  |  | 9,828,223 |
More than 365 days |  |  | 328,425 |  |  |  | 327,000 |
|  |  | 10,892,452 |  |  |  | 10,155,223 |
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, 2025 |  | Carrying amount |  |  | Contractual cash flows |  |  | 0-12 months |  |  | 1-3 years |  |  | 3-5 years |  |  | >5 years |
Non-derivative financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Bank overdrafts |  |  | 326,327 |  |  |  | 326,327 |  |  |  | 326,327 |  |  |  | - |  |  |  | - |  |  |  | - |
6% Compulsorily Convertible Debentures |  |  | 6,259,685 |  |  |  | 8,438,693 |  |  |  | 600,000 |  |  |  | 1,200,000 |  |  |  | 1,200,000 |  |  |  | 5,438,693 |
8.95% Non-Convertible Debentures |  |  | 2,500,000 |  |  |  | 5,745,100 |  |  |  | 223,800 |  |  |  | 447,600 |  |  |  | 447,600 |  |  |  | 4,626,100 |
Lease liabilities |  |  | 3,810,238 |  |  |  | 10,541,842 |  |  |  | 689,151 |  |  |  | 1,335,567 |  |  |  | 1,043,869 |  |  |  | 7,473,255 |
Borrowing from banks |  |  | 23,424,521 |  |  |  | 32,142,455 |  |  |  | 7,434,489 |  |  |  | 8,495,464 |  |  |  | 6,831,617 |  |  |  | 9,380,885 |
Borrowings from others |  |  | 3,189,675 |  |  |  | 3,777,307 |  |  |  | 1,410,701 |  |  |  | 1,693,850 |  |  |  | 582,134 |  |  |  | 90,622 |
Trade and other payables |  |  | 14,326,158 |  |  |  | 14,326,158 |  |  |  | 14,326,158 |  |  |  | - |  |  |  | - |  |  |  | - |
|  |  | 53,836,604 |  |  |  | 75,297,882 |  |  |  | 25,010,626 |  |  |  | 13,172,481 |  |  |  | 10,105,220 |  |  |  | 27,009,555 |
As of March 31, 2024 |  | Carrying amount |  |  | Contractual cash flows |  |  | 0-12 months |  |  | 1-3 years |  |  | 3-5 years |  |  | >5 years |
Non-derivative financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Bank overdrafts |  |  | 486,888 |  |  |  | 531,000 |  |  |  | 531,000 |  |  |  | - |  |  |  | - |  |  |  | - |
6% Compulsorily Convertible Debentures |  |  | 7,156,074 |  |  |  | 8,631,877 |  |  |  | 528,003 |  |  |  | 1,584,000 |  |  |  | 1,056,003 |  |  |  | 5,463,871 |
6% Non-Cumulative Compulsorily Convertible Preference Shares |  |  | 500,000 |  |  |  | 120,000 |  |  |  | 30,000 |  |  |  | 30,000 |  |  |  | 30,000 |  |  |  | 30,000 |
Lease liabilities |  |  | 3,042,839 |  |  |  | 8,588,700 |  |  |  | 587,700 |  |  |  | 773,500 |  |  |  | 531,200 |  |  |  | 6,696,300 |
Other liabilities |  |  | 1,612,496 |  |  |  | 1,612,496 |  |  |  | 1,594,551 |  |  |  | 17,945 |  |  |  | - |  |  |  | - |
Borrowing from banks |  |  | 18,794,380 |  |  |  | 22,515,522 |  |  |  | 5,557,466 |  |  |  | 7,922,227 |  |  |  | 5,536,029 |  |  |  | 3,499,800 |
Borrowings from others |  |  | 3,564,494 |  |  |  | 4,221,692 |  |  |  | 1,295,437 |  |  |  | 2,186,476 |  |  |  | 739,779 |  |  |  | - |
Trade and other payables |  |  | 11,952,045 |  |  |  | 11,952,045 |  |  |  | 11,952,045 |  |  |  | - |  |  |  | - |  |  |  | - |
|  |  | 47,109,216 |  |  |  | 58,173,332 |  |  |  | 22,076,202 |  |  |  | 12,514,148 |  |  |  | 7,893,011 |  |  |  | 15,689,971 |
As of March 31, 2023 |  | Carrying amount |  |  | Contractual cash flows |  |  | 0-12 months |  |  | 1-3 years |  |  | 3-5 years |  |  | >5 years |
Non-derivative financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Bank overdrafts |  |  | 951,504 |  |  |  | 951,504 |  |  |  | 951,504 |  |  |  | - |  |  |  | - |  |  |  | - |
6% Compulsorily Convertible Debentures |  |  | 4,000,000 |  |  |  | 6,040,663 |  |  |  | 240,003 |  |  |  | 7,20,000 |  |  |  | 4,80,003 |  |  |  | 46,00,657 |
6% Non Cumulative Compulsorily Convertible Preference Shares |  |  | 500,000 |  |  |  | 500,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 500,000 |
Lease liabilities |  |  | 2,451,179 |  |  |  | 5,703,330 |  |  |  | 585,790 |  |  |  | 788,588 |  |  |  | 555,216 |  |  |  | 3,773,736 |
Other liabilities |  |  | 2,059,524 |  |  |  | 2,059,524 |  |  |  | 2,039,624 |  |  |  | 19,900 |  |  |  | - |  |  |  | - |
Borrowing from banks |  |  | 14,982,750 |  |  |  | 19,853,900 |  |  |  | 5,680,600 |  |  |  | 5,755,100 |  |  |  | 4,800,000 |  |  |  | 3,618,200 |
Borrowings from others |  |  | 2,045,239 |  |  |  | 2,361,800 |  |  |  | 748,900 |  |  |  | 1,149,400 |  |  |  | 463,500 |  |  |  | - |
Trade and other payables |  |  | 11,287,453 |  |  |  | 11,287,453 |  |  |  | 11,287,453 |  |  |  | - |  |  |  | - |  |  |  | - |
|  |  | 38,277,649 |  |  |  | 48,758,174 |  |  |  | 21,533,874 |  |  |  | 8,432,988 |  |  |  | 6,298,719 |  |  |  | 12,492,593 |
Disclosure of market risk [text block] | The Group’s exposure to foreign currency risk as of March 31, 2025 was as follows:
|  | All amounts in respective currencies as mentioned (in thousands) |
|  | US $ |  |  | AUD |  |  | CHF |  |  | EUR |  |  | GBP |  |  | DHS |  |  | HK $ |  |  | AUD $ |
Cash and cash equivalents |  |  | 242 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 45 |  |  |  | - |  |  |  | - |  |  |  | - |
Trade receivables |  |  | 13,231 |  |  |  | - |  |  |  | - |  |  |  | 511 |  |  |  | 12 |  |  |  | - |  |  |  | - |  |  |  | - |
Trade payables |  |  | (15,450 | ) |  |  | - |  |  |  | - |  |  |  | (375 | ) |  |  | (83 | ) |  |  | (15 | ) |  |  | (93 | ) |  |  | - |
Foreign currency loan |  |  | (2,574 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  |  |  |  |  | - |  |  |  |  |  |  |  | - |
Net balance sheet exposure |  |  | (4,551 | ) |  |  | - |  |  |  | - |  |  |  | 136 |  |  |  | (26 | ) |  |  | (15 | ) |  |  | (93 | ) |  |  | - |
The Group’s exposure to foreign currency risk as of March 31, 2024 was as follows:
|  | All amounts in respective currencies as mentioned (in thousands) |
|  | US $ |  |  | AUD |  |  | CHF |  |  | EUR |  |  | GBP |  |  | DHS |  |  | HK $ |  |  | SG $ |
Cash and cash equivalents |  |  | 600 |  |  |  | - |  |  |  | - |  |  |  | 5 |  |  |  | 105 |  |  |  | - |  |  |  | - |  |  |  | - |
Trade receivables |  |  | 20,900 |  |  |  | - |  |  |  | - |  |  |  | 610 |  |  |  | 85 |  |  |  | - |  |  |  | - |  |  |  | - |
Trade payables |  |  | (8,050 | ) |  |  | - |  |  |  | - |  |  |  | (418 | ) |  |  |  |  |  |  | (29 | ) |  |  | - |  |  |  | - |
Foreign currency loan |  |  | (2,200 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  |  |  |  |  | - |  |  |  | - |  |  |  | - |
Net balance sheet exposure |  |  | 11,250 |  |  |  | - |  |  |  | - |  |  |  | 197 |  |  |  | 190 |  |  |  | (29 | ) |  |  | - |  |  |  | - |
The Group’s exposure to foreign currency risk as of March 31, 2023 was as follows:
|  | All amounts in respective currencies as mentioned (in thousands) |
|  | US $ |  |  | AUD |  |  | CHF |  |  | EUR |  |  | GBP |  |  | DHS |  |  | HK $ |  |  | SG $ |
Cash and cash equivalents |  |  | 405 |  |  |  | - |  |  |  | - |  |  |  | 44 |  |  |  | 69 |  |  |  | - |  |  |  | - |  |  |  | - |
Trade receivables |  |  | 28,052 |  |  |  | - |  |  |  | - |  |  |  | 411 |  |  |  | 85 |  |  |  | - |  |  |  | - |  |  |  | - |
Trade payables |  |  | (28,575 | ) |  |  | - |  |  |  | - |  |  |  | (250 | ) |  |  | (34 | ) |  |  | (27 | ) |  |  | - |  |  |  | - |
Foreign currency loan |  |  | (6,059 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Net balance sheet exposure |  |  | (6177 | ) |  |  | - |  |  |  | - |  |  |  | 205 |  |  |  | 120 |  |  |  | (27 | ) |  |  | - |  |  |  | - |
Sensitivity analysis for types of market risk [text block] | The analysis is performed on the same basis for 2024.
|  | Other comprehensive income |  |  | Profit or ( loss) |
March 31, 2025 |  |  | - |  |  |  | 38,100 |
March 31, 2024 |  |  | - |  |  |  | (97,080 | )
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, 2025 |  |  | March 31, 2024 |
Fixed rate instruments |  |  |  |  |  |  |  |
Financial assets |  |  |  |  |  |  |  |
- Fixed deposits with banks |  |  | 3,412,597 |  |  |  | 4,502,312 |
- Investment in debt securities |  |  | 403,872 |  |  |  | 393,453 |
Financial liabilities |  |  |  |  |  |  |  |
- Borrowings from banks |  |  | 91,995 |  |  |  | 183,589 |
- Borrowings from others |  |  | 11,949,360 |  |  |  | 11,361,108 |
Variable rate instruments |  |  |  |  |  |  |  |
Financial liabilities |  |  |  |  |  |  |  |
- Borrowings from banks |  |  | 23,332,526 |  |  |  | 18,610,791 |
- Bank overdrafts |  |  | 326,327 |  |  |  | 486,888 |
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, 2025 |  |  | - |  |  |  | (5,957 | )
March 31, 2024 |  |  | - |  |  |  | (9,245 | )

X
- Definition The disclosure of the credit risk exposure. Credit risk exposure is the credit risk inherent in an entity’s financial assets and commitments to extend credit. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2024-01-01 -Paragraph 35M -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_35M&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfCreditRiskExposureExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial instruments by type of interest rate. [Refer: Classes of financial instruments [domain]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2024-01-01 -Paragraph 39 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_39&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of market risk. [Refer: Market risk [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfMarketRiskExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a maturity analysis for non-derivative financial liabilities (including issued financial guarantee contracts) that shows the remaining contractual maturities. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2024-01-01 -Paragraph 39 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_39_a&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the sensitivity analysis for types of market risk to which the entity is exposed, showing how profit or loss and equity would have been affected by changes in the relevant risk variable that were reasonably possible at that date. [Refer: Market risk [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2024-01-01 -Paragraph 40 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_40_a&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about the changes in equity and net profit due to changes in base points of variable interest. + References No definition available. + Details
Name: | sify_DisclosureOfDetailedInformationAboutChangesInEquityAnfNetProfitDueToChangesInBasePointsOfVariableInterestTextBlock
Namespace Prefix: | sify_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of financial assets that are past due or impaired. + References No definition available. + Details
Name: | sify_DisclosureOfFinancialAssetsThatArePastDueOrImpairedTextBlock
Namespace Prefix: | sify_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | sify_DisclosureOfFinancialRiskManagementAbstract
Namespace Prefix: | sify_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration