Notes to the Consolidated Financial Statements as at and for the year ended March 31, 2024
Notes to the Consolidated Financial Statements as at and for the year ended March 31, 2024
17 Trade Payables
18 Other Financial Liabilities
(in Rupees million)
(in Rupees million)
As at March 31, 2024
As at March 31, 2023
As at March 31, 2024
As at March 31, 2023
Particulars
Particulars
Non-current financial liabilities Employee related obligations Total non-current financial liabilities
Trade payables - Total outstanding dues of micro enterprise and small enterprises (Refer below note) - Total outstanding dues of creditors other than micro enterprises and small enterprises - Related parties* (Refer note 29)
40
5
310 310
140 140
1
-
Current financial liabilities Employee related obligation
-
Others
471 512
566 571
2,135
1,825
Total trade payables
Capital creditors
315
-
*Amount less than C 1 million Dues of micro and small enterprises
Derivative liability - forward contract Deferred consideration payable
- -
24 16
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 Group, 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.
Interest accrued and due
4
1
Total current financial liabilities
2,454
1,866
40
5
19 Other Liabilities Current liabilities
-
-
Unearned revenue (Refer note 27)
1,031
868
-
-
Advances from customers Statutory dues payable**
40
12
337
348
1
- -
Other payables
-
14
-
Total current liabilities
1,408
1,242
**Includes tax deducted at sources, provident fund payable, professional taxes
20 Provisions
Ageing of Trade payables March 31, 2024
Non-current provisions Gratuity (Refer note 28) Total non-current provisions
187 187
118 118
Outstanding for following periods from due date of payment
Current provisions Gratuity (Refer note 28)
Less than 1 year
1-2 years 2-3 years
More than 3 years
Particulars
Not due
Total
2
1
(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
Compensated absences (Refer note 28) Other provisions (Refer note 26.a)
61 85
29 80
2
32
19
-
-
53
Total current provisions
148
110
Movement of other provisions Opening balance Provision created during the year Provision reversed/utilised during the year
-
-
-
7
-
7
80
-
5
80
Total
4
40
19
7
-
70
-
-
Accrued expenses
442 512
Closing balance
85
80
Total
21 Revenue from Operations
March 31, 2023
(in Rupees million)
Outstanding for following periods from due date of payment
Year ended March 31, 2024
Year ended March 31, 2023
Particulars
Less than 1 year
1-2 years 2-3 years
More than 3 years
Sale of services (Refer note 27) Total Revenue from operations
21,963 21,963
19,854 19,854
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
1
4
-
-
-
5
123
101
-
-
-
224
-
-
7
-
-
7
Total
124
105
7
-
-
236 335 571
Accrued expenses
Total
224
225
Fractal Analytics Limited | Annual Report 2023-24
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