Fractal Analytics Annual Report 2023-24

Notes to the Standalone Financial Statements as at and for the year ended March 31, 2024

Notes to the Standalone Financial Statements as at and for the year ended March 31, 2024

15 Other Equity

March 31, 2023

Outstanding for following periods from due date of payment

(in Rupees million) As at March 31, 2023

As at March 31, 2024

Particulars

More than 3 years

Less than 1 year

1-2 years 2-3 years

Securities premium reserve Employee stock option reserve

12,108 2,880 1,915

11,977

Particulars

Not due

Total

2,017

(i) Total outstanding dues of micro enterprises and small enterprises (ii) Total outstanding dues of creditors other than micro enterprises and small enterprises (iii) D isputed dues of creditors other than micro enterprises and small enterprises

0

4

-

-

-

4

Retained earnings

650

Remeasurement of defined employee benefit plans

(112)

(125)

16

54

171

19

113

373

Capital Reserve

7

8 3

-

-

7

-

-

7

Share application money pending allotment

22 32

Effective portion of cashflow hedge

-

Total

16

58

178

19

113

384 296 680

Total other equity

16,852

14,530

Accrued expenses

Note : For movement during the year, refer statement of changes in equity.

Total

*Denotes amount less than C 1 million

16 Trade Payables

(in Rupees million) As at March 31, 2023

17 Other Financial Liabilities

As at March 31, 2024

Particulars

(in Rupees million) As at March 31, 2023

Current trade payables - Total outstanding dues of micro enterprise and small enterprises (Refer below note) - Others

As at March 31, 2024

Particulars

Non-current financial liabilities Employee related obligations

38

5

-

Related parties (Refer note 29)

5

-

1

2

- Total outstanding dues of creditors other than micro enterprises and small enterprises - Others

Liabilities from financial guarantees (Refer note 29)

34 35

-

220

208 467 680

Total non-current financial liabilities Current financial liabilities Derivative liability -- forward contracts

2

-

Related parties (Refer note 29)

-

Total current trade payables

263

-

30

Dues of micro and small enterprises Under the Micro, Small and Medium Enterprises Development Act, 2006 ('MSMED') which came into force from 2 October 2006, certain disclosures are required related to MSME. On the basis of the information and records available with the Company, following are the details of dues: - the principal amount and the interest due thereon remaining unpaid to any supplier at the end of each accounting year; - the amount of interest paid by the buyer in terms of section 16 of the Micro, Small and Medium Enterprises Development Act, 2006, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year; - the amount of interest due and payable for the period of delay in making payment but without adding the interest specified under the Micro, Small and Medium Enterprises Development Act, 2006; - the amount of interest accrued and remaining unpaid at the end of each accounting year; and - the amount of further interest remaining due and payable even in the succeeding years, until such date when the interest dues above are actually paid to the small enterprise, for the purpose of disallowance of a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.

Employee related obligations

881

682

Payable to subsidiaries (Refer note 29)

63 21

-

Liabilities from financial guarantees (Refer note 29) Payable towards business acquisition (Refer note 35) Payable to minority shareholders of subsidiary (Refer note 35)

80

43

5

- -

109

3

-

-

Total current financial liabilities

965

904

-

-

18 Other Liabilities Current liabilities

1

- -

Unearned revenue (Refer note 27)

71

53

-

Advances from customers Statutory dues payable* Total current liabilities

1

1

172 244

127 181

March 31, 2024

*Includes liability towards tax deducted at source, provident fund contribution and professional tax.

Outstanding for following periods from due date of payment

19 Provisions

More than 3 years

Non-current provisions Gratuity (Refer note 28) Total non-current provisions Current provisions Other provisions (Refer note 25)

Less than 1 year

1-2 years 2-3 years

157 157

93 93

Particulars

Not due

Total

(i) Total outstanding dues of micro enterprises and small enterprises (ii) Total outstanding dues of creditors other than micro enterprises and small enterprises (iii) D isputed dues of creditors other than micro enterprises and small enterprises

2

8

-

-

-

10

35

35

1

-

-

71

85 85

80 80

Total current provisions

-

-

-

7

-

7

Movement of other provisions Opening balance Provision created during the year Provision reversed/utilised during the year

80

-

Total

37

43

1

7

-

88

5

80

Accrued expenses

175 263

-

-

Total

Closing balance

85

80

158

159

Fractal Analytics Limited | Annual Report 2023-24

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