Amal Ltd | Annual Report 2023-24 c) Market risk i) Cash flow and fair value interest rate risk Maturity analysis of financial liabilities of the Group is based on contractually agreed undiscounted cash flows as at the Balance Sheet date: Borrowings of the Company are from Axis Bank Ltd and are 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 estimate 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 might have led to approximately an additional impact of ` 5.92 lakhs (2022-23: ` 8.70 lakhs). A 25 bps decrease in interest rates might have led to an equal but opposite effect. Note 28.8 Segment information The Group operates in a single business segment which is the manufacturing of bulk chemicals. The Board of Directors is the Chief Operating Decision Maker (the ‘CODM’) of the Company and makes operating decisions, assesses financial performance and allocates resources based on discrete financial information. Since the Company operates in a single operating segment, separate segment reporting has not been made under Indian Accounting Standard (‘Ind AS’) 108 -‘Operating Segment’. Further, its operations are confined only in one geographical segment i.e. within India. Note 28.9 Earnings per share Earnings per share (EPS) - The numerators and denominators used to calculate basic and diluted EPS: Particulars 2023-24 2022-23 Profit |(loss) for the year attributable to the equity shareholders ` lakhs 170.46 (1,610.50) Right issue expenses debited to securities premium ` lakhs (18.70) (83.12) Adjusted profit | (loss) for the year for EPS calculation ` lakhs 151.76 (1,693.62) Weighted average number of equity shares for basic and diluted EPS (make one row) Number 1,23,62,662 99,34,156 Nominal value of equity share ` 10 10 Basic EPS ` 1.23 (17.05) Diluted EPS ` 1.23 (17.05) Note 28.10 Relationship with struck-off companies There were no transactions or balances with struck-off companies. Note 28.11 Loans During the year, the Group has not entered into any transaction in nature of loans and advances that fall within the purview of Regulation 34(3) read with para A of Schedule V to the SEBI (listing obligations and disclosure requirements) Regulations, 2015, read with Section 186 (4) of the Companies Act, 2013. Note 28.7 Financial risk management (continued)
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