Consolidated Statement of Cash Flows for the year ended March 31, 2024
(in Rupees million)
(in Rupees million)
Year ended March 31, 2024
Year ended March 31, 2023
Year ended March 31, 2024
Year ended March 31, 2023
Particulars
Particulars
(C) Cashflows from financing activities Proceeds from issue of equity shares and share application money pending allotment Proceeds from issue of equity shares issued by subsidiary company to Non controlling interest
(A) Cashflows from operating activities (Loss)/profit before tax expense
100
151
(305)
3,134
Adjustment for: Depreciation and amortization expense Depreciation on right of use asset
0
14
Repayment of Lease liabilities (Refer Note 30)
(313) (401) (836)
(325) (389)
583 249 445
535 246 433
Interest paid during the year Repayments of borrowing
(25)
Interest expense on borrowings and lease liabilities Interest income on bank deposits and loan to directors Net gain on redemption/fair valuation of financial instruments
Net cash flow used in financing activities
(1,450) (1,356)
(574)
(30)
(12)
Net (Decrease) / Increase in cash and cash equivalents (A+B+C)
369
(285)
(165)
Cash and cash equivalents at the beginning of the year Derecognition of Cash and cash equivalents of subsidiary
2,132
1,832
Unrealised (loss)/gain on forward contracts Interest income on unwinding of security deposits
(51) (12)
45
-
(159)
(11)
Effect of exchange rate changes
36
90
Gain on loss of control of subsidiary (Refer note 26.1 and 37)
-
(5,410)
Cash and cash equivalents at the end of the year
812
2,132
Unrealised foreign exchange (gain)/loss (net)
41
(32)
Cash and cash equivalents comprise of: Cash in hand*
Employee stock option expense Groups share of losses in associate
963 163
1,587
0
0
290
Balance with banks: In current accounts
Remeasurement of retained interest in associate
55
-
812 812
2,132 2,132
Impairment in value of assets
-
171
Total cash and cash equivalents
Provision for tax settlement (Refer note 26(a))
5 1
80
Bad Debts
-
*Amount less than C 1 million Notes : 1. The above Consolidated Statement of Cash Flows has been prepared under the ‘Indirect Method’ as set out in Ind AS 7, ‘Statement of Cash Flows'. 2. Purchase of property, plant and equipment and intangibles are shown inclusive of movements in Intangible asset under development. 3. Details of borrowings (in Rupees million) Particulars March 31, 2024 March 31, 2023 Balance at the beginning of the year 3,256 3,009 Cash movement (net) (836) (25) Effect of exchange rate changes 81 272 Balance at the end of the year 2,501 3,256
Provision for expected credit loss and doubtful advances Operating cash flow before working capital changes Adjustment for changes in working capital: (Increase) in trade receivables (Increase) / Decrease in other current financial assets
43
54
1,865
945
(398)
(1,347)
(8)
96
(Increase) in other non current financial assets
(13)
(82)
(Increase) in other current assets
(257)
(259)
Decrease / (Increase) in other non current assets (Decrease) / Increase in trade payables Increase in other non current financial liabilities Increase in other current financial liabilities
28
(14)
(58)
54
170 310 124 155
140 616
Material accounting policies The accompanying notes form an integral part of the consolidated financial statements. As per our report of even date attached. For B S R & Co. LLP Fractal Analytics Limited Firm’s Registration Number: 101248W/W-100022 CIN: U72400MH2000PLC125369 Chartered Accountants
Increase in provisions
45
Increase / (Decrease) in other current liabilities
(288)
Cash generated from operations
1,918
(94)
For and on behalf of the Board of Directors of
Tax paid (net of refunds)
(323)
(212) (306)
1,595
Net cash flow generated from / (used in) operating activities (B) Cashflows from investing activities Purchase of property, plant and equipment and intangible assets
(245)
(339)
Rajesh Mehra
Srikanth Velamakanni Whole-Time Director
Sasha Gulu Mirchandani Somya Agarwal
Partner
Director
Company Secretary
Loans repayment
-
251
Membership Number: 103145
DIN: 01722758
DIN: 01179921
Membership number: A17336
Payment towards subscription of equity shares Amount received on sale of financial assets
(0)
- - -
5
Mumbai
London
London
London
Date: June 17, 2024
Date: June 17, 2024 Date: June 17, 2024
Date: June 17, 2024
Payment towards acquisition of shares from Non controlling interest
(4)
Maturity of bank deposits (net) Payment of deferred consideration Purchase of mutual fund units
76
182
(16)
(137)
(8,203)
(6,651)
Maturity proceeds on redemption of mutual fund units
6,866
7,939
Interest on bank deposits
20
4
Net cash flow (used in) / generated from investing activities
(1,501)
1,249
196
197
Fractal Analytics Limited | Annual Report 2023-24
Made with FlippingBook - PDF hosting