Amal Ltd | Annual Report 2024-25 Amal Ltd 194 The following table shows the maturity analysis of financial liabilities of the Group based on contractually agreed undiscounted cash flows including contractual interest payment, as at the Balance Sheet date: (` lakh) Contractual maturities of financial liabilities as at March 31, 2025 Less than 1 year More than 1 year Total Borrowings - - - Capital creditors 65.51 - 65.51 Trade payables 1192.96 - 1192.96 Security deposits payable 69.87 - 69.87 Employee benefits payable 125.50 - 125.50 (` lakh) Contractual maturities of financial liabilities as at March 31, 2024 Less than 1 year More than 1 year Total Borrowings 521.41 1850.00 2371.41 Capital creditors 475.35 - 475.35 Trade payables 400.91 - 400.91 Security deposits payable 69.53 - 69.53 Employee benefits payable 39.92 - 39.92 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 from the Atul Ltd (Holding Company) and have a fixed rate borrowings 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. Borrowings of the Company are 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 might have led to approximately an additional impact of ` Nil lakh (2023-24: ` 5.92 lakh). A 25 bps decrease in interest rates might have led to an equal but opposite effect. Note 28.7 Financial risk management (continued)
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