Amal Ltd | Annual Report 2022-23 The following table shows thematurity analysis of financial liabilities of the Company based on contractually agreed undiscounted cash flows including contractual interest payment, as at the Standalone Balance Sheet date: (` lakhs) Contractual maturities of financial liabilities as at March 31, 2023 Less than 1 year More than 1 year Total Borrowings 0.62 - 0.62 Trade payables 239.36 - 239.36 Security deposits payable 23.19 - 23.19 Employee benefits payable 20.29 - 20.29 (` lakhs) Contractual maturities of financial liabilities as at March 31, 2022 Less than 1 year More than 1 year Total Borrowings 200.00 - 200.00 Trade payables 310.98 - 310.98 Creditors for capital goods 25.71 - 25.71 Security deposits payable 20.31 - 20.31 Employee benefits payable 29.86 - 29.86 c) Market risk i) Cash flow and fair value interest rate risk Maturity analysis of financial liabilities of the Company is based on contractually agreed undiscounted cash flows as at the Balance Sheet date: Borrowings of the Company is from Axis Bank Ltd and is mainly exposed to interest rate risk due to its variable interest rate borrowings. The interest rate risk arises due to uncertainties about the future market interest rate of these borrowings. As an estimation of the approximate impact of the interest rate risk, with respect to financial instruments, the Group has calculated the impact of a 25 bps change in interest rates. A 25 bps increase in interest rates would have led to approximately an additional impact of 0.02 lakhs (202122: Nil lakhs). A 25 bps decrease in interest rates would have led to an equal but opposite effect. Note 27.8 Segment information The Company operates in a single business segment that ismanufacturing of bulk chemicals. Further, its operations are confined within India and the major customer of the Company is Atul Ltd. Accordingly, there are no separate reportable segments as per Ind AS - 108 on ‘Operating Segment‘ and no further disclosures are required. Note 27.7 Financial risk management (continued)
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