Amal Ltd 2019-20

Amal Ltd | Annual Report 2019-2020 ( ` lakhs ) Contractual maturities of financial liabilities as at March 31, 2020 Less than 1 year More than 1 year Total Borrowings 200.00 400.00 600.00 Trade payables 238.80 238.80 Retention payable 13.82 13.82 Employee benefits payable 13.46 13.46 ( ` lakhs ) Contractual maturities of financial liabilities as at March 31, 2019 Less than 1 year More than 1 year Total Borrowings 943.47 600.00 1,543.47 Trade payables 191.63 191.63 Retention payable 10.64 10.64 Employee benefits payable 9.97 9.97 c) Market risk i) Cash flow and fair value interest rate risk The following table shows the maturity analysis of financial liabilities of the Company based on contractually agreed undiscounted cash flows as at the Balance Sheet date: Entire borrowings of the Company are from Atul Ltd (Holding Company) and have a fixed rate of borrowing that is 0% and are carried at amortised cost. They are therefore not subject to interest rate risk as defined in Ind AS 107, since neither the carrying amount nor the future cash flows will fluctuate because of a change in market interest rates. ii) Price risk Exposure The Company is mainly exposed to the price risk due to its investments in mutual funds. The price risk arises due to uncertainties about the future market values of these investments. In order to manage its price risk arising from investments in equity instruments, the Company maintains its portfolio in accordance with the framework set by the risk management policies. Sensitivity ( ` lakhs ) Particulars Impact in the Statement of Profit and Loss March 31, 2020 March 31, 2019 Price increase by 10%* 148.12 94.93 Price decrease by 10%* (148.12) (94.93) Note 26.7 Financial risk management (continued) Notes to the Financial Statements