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Employee stock incentive plans (Tables)

12 Months Ended

Mar. 31, 2022

Disclosure of terms and conditions of share-based payment arrangement [abstract]

Schedule of weighted average inputs of fair value of options granted

The weighted average inputs used in computing the fair value of options granted were as follows:

				Grants made on
	January 17, 2022			October 28, 2021			October 28, 2021
Expected volatility		28.60	%		29.20	%		28.53	%
Exercise price	Rs.	5.00		Rs.	4,663.00		Rs.	5.00
Option life		6.5 Years			5.0 Years			2.5 Years
Risk-free interest rate		6.52	%		5.94	%		4.86	%
Expected dividends		0.54	%		0.55	%		0.55	%
Grant date share price	Rs.	4,672.00		Rs.	4,570.00		Rs.	4,570.00

				Grants made on
	October 28, 2021			May 13, 2021			May 13, 2021
Expected volatility		29.04	%		29.38	%		30.02	%
Exercise price	Rs.	5.00		Rs.	5,301.00		Rs.	5.00
Option life		5.0 Years			5.0 Years			2.5 Years
Risk-free interest rate		5.99	%		5.70	%		4.64	%
Expected dividends		0.54	%		0.47	%		0.47	%
Grant date share price	Rs.	4,570.00		Rs.	5,301.00		Rs.	5,301.00

				Grants made on
	October 27, 2020			May 19, 2020			May 19, 2020
Expected volatility		30.81	%		29.12	%		30.47	%
Exercise price	Rs.	5.00		Rs.	3,679.00		Rs.	5.00
Option life		2.5 Years			5.0 Years			2.5 Years
Risk-free interest rate		4.36	%		5.67	%		4.62	%
Expected dividends		0.49	%		0.68	%		0.68	%
Grant date share price	Rs.	5,099.00		Rs.	3,700.00		Rs.	3,700.00

Disclosure of detailed information about share based payment expense

Share-based payment expense

	For the Year Ended March 31,
	2022		2021		2020
Equity settled share-based payment expense (1)	Rs.	592	Rs.	584	Rs.	521
Cash settled share-based payment expense (2)		148		157		94
	Rs.	740	Rs.	741	Rs.	615

(1)

As of March 31, 2022 and 2021, there was Rs.701 and Rs.612, respectively,

total unrecognized compensation cost related to unvested stock options. This cost is expected to be recognized over a weighted-average period of 1.93 years and 1.95 years, respectively.

(2)

Certain of the Company’s employees are eligible for share-based payment awards that are settled in cash. These awards

entitl

e the employees to a cash payment, on the exercise date, subject to vesting upon satisfaction of certain service conditions which range from 1 to 4 years. The amount of cash payment is determined based on the price of the Company’s ADSs at the time of vesting. As of March 31, 2022 and 2021, there was Rs.101 and Rs.126, respectively of total unrecognized compensation cost related to unvested awards. This cost is expected to be recognized over a weighted-average period of 1.82 years and 1.88 years, respectively. This scheme does not involve dealing in or subscribing to or purchasing securities of the Company, directly or

indirectly.

Disclosure And Details About 2018 Plan

The DRL 2018 Plan provides for option grants having an exercise price equal to the fair market value of the underlying equity shares on the date of grant as follows:

Particulars	Number of securities to be acquired from secondary market		Number of securities to be issued by the Company		Total
Options reserved against equity shares		2,500,000		1,500,000		4,000,000
Options reserved against ADRs		-		1,000,000		1,000,000
Total		2,500,000		2,500,000		5,000,000

DRL 2018 Plan [Member]

Disclosure of terms and conditions of share-based payment arrangement [abstract]

Disclosure Of Number Of Share Options, Weighted Average Exercise Price, Range Of Exercise Prices And Weighted Average Remaining Contractual Life

Stock option activity under the DRL 2018 Plan during the years ended March 31, 2022 and 2021 was as follows:

	For the Year Ended March 31, 2022
Fair Market Value Options	Shares arising out of options			Range of exercise prices		Weighted average exercise price		Weighted average remaining useful life (months)
Outstanding at the beginning of the year		385,930		Rs.	2,607.00 to Rs. 3,679.00	Rs.	3,056.51		71
Granted during the year		8,856			4,662.70/ 5,301.00		5,289.76		90
Expired/forfeited during the year		(37,021	)		2,607.00 to 5,310.00		3,157.39		-
Exercised during the year		(106,730	)		2,607.00 to 3,679.00		2,938.55		-
Outstanding at the end of the year		251,035		Rs.	2,607.00 to Rs. 5,301.00	Rs.	3,170.57		64
Exercisable at the end of the year		68,130		Rs.	2,607.00 to Rs. 3,679.00	Rs.	2,859.13		47

	For the Year Ended March 31, 2021
Fair Market Value Options	Shares arising out of options			Range of exercise prices		Weighted average exercise price		Weighted average remaining useful life (months)
Outstanding at the beginning of the year		375,775		Rs.	2,607.00/ Rs. 2,814.00	Rs.	2,697.12		75
Granted during the year		150,740			3,679.00		3,679.00		90
Expired/forfeited during the year		(55,335	)		2,607.00 to 3,679.00		2,904.51		-
Exercised during the year		(85,250	)		2,607.00/ 2,814.00		2,671.71		-
Outstanding at the end of the year		385,930		Rs.	2,607.00 to Rs. 3,679.00	Rs.	3,056.51		71
Exercisable at the end of the year		71,225		Rs.	2,607.00/ Rs. 2,814.00	Rs.	2,665.63		51

DRL 2002 Plan [Member]

Disclosure of terms and conditions of share-based payment arrangement [abstract]

Disclosure of Number of Options Reserved

After the stock split effected in the form of a stock dividend issued by the Company in August 2006, the DRL 2002 Plan provides for stock option grants in the above two categories as follows:

Particulars	Number of options reserved under category A		Number of options reserved under category B		Total
Options reserved under original Plan		300,000		1,995,478		2,295,478
Options exercised prior to stock dividend date (A)		94,061		147,793		241,854
Balance of shares that can be allotted on exercise of options (B)		205,939		1,847,685		2,053,624
Options arising from stock dividend (C)		205,939		1,847,685		2,053,624
Options reserved after stock dividend (A+B+C)		505,939		3,843,163		4,349,102

Disclosure Of Number Of Share Options, Weighted Average Exercise Price, Range Of Exercise Prices And Weighted Average Remaining Contractual Life

Category A — Fair Market Value Options:

There was no stock activity under this category during the years ended March 31, 2022 and 2021, and there were no stock options outstanding under this category as of March 31, 2022 and 2021.

Category B — Par Value Options:

Stock options activity under this category during the years ended March 31, 2022 and 2021 was as set forth in the below table.

	For the Year Ended March 31, 2022
Category B — Par Value Options	Shares arising out of options			Range of exercise prices		Weighted average exercise price		Weighted average remaining useful life (months)
Outstanding at the beginning of the year		217,253		Rs.	5.00	Rs.	5.00		69
Granted during the year		106,870			5.00		5.00		91
Expired/forfeited during the year		(30,322	)		5.00		5.00		-
Exercised during the year		(86,626	)		5.00		5.00		-
Outstanding at the end of the year		207,175		Rs.	5.00	Rs.	5.00		74
Exercisable at the end of the year		21,235		Rs.	5.00	Rs.	5.00		43

	For the Year Ended March 31, 2021
Category B — Par Value Options	Shares arising out of options			Range of exercise prices		Weighted average exercise price		Weighted average remaining useful life (months)
Outstanding at the beginning of the year		232,837		Rs.	5.00	Rs.	5.00		69
Granted during the year		92,092			5.00		5.00		93
Expired/forfeited during the year		(35,646	)		5.00		5.00		-
Exercised during the year		(72,030	)		5.00		5.00		-
Outstanding at the end of the year		217,253		Rs.	5.00	Rs.	5.00		69
Exercisable at the end of the year		46,130		Rs.	5.00	Rs.	5.00		44

DRL 2007 Plans [Member]

Disclosure of terms and conditions of share-based payment arrangement [abstract]

Disclosure Of Number Of Share Options, Weighted Average Exercise Price, Range Of Exercise Prices And Weighted Average Remaining Contractual Life

	For the Year Ended March 31, 2022
Category B — Par Value Options	Shares arising out of options			Range of exercise prices		Weighted average exercise price		Weighted average remaining useful life (months)
Outstanding at the beginning of the year		141,999		Rs.	5.00	Rs.	5.00		71
Granted during the year		55,884			5.00		5.00		90
Expired/forfeited during the year		(18,996	)		5.00		5.00		-
Exercised during the year		(31,872	)		5.00		5.00		-
Outstanding at the end of the year		147,015		Rs.	5.00	Rs.	5.00		68
Exercisable at the end of the year		27,929		Rs.	5.00	Rs.	5.00		40

	For the Year Ended March 31, 2021
Category B — Par Value Options	Shares arising out of options			Range of exercise prices		Weighted average exercise price		Weighted average remaining useful life (months)
Outstanding at the beginning of the year		151,583		Rs.	5.00	Rs.	5.00		73
Granted during the year		52,316			5.00		5.00		89
Expired/forfeited during the year		(19,933	)		5.00		5.00		-
Exercised during the year		(41,967	)		5.00		5.00		-
Outstanding at the end of the year		141,999		Rs.	5.00	Rs.	5.00		71
Exercisable at the end of the year		15,393		Rs.	5.00	Rs.	5.00		41

DRL 2007 Plans [Member] | Category A [Member]

Disclosure of terms and conditions of share-based payment arrangement [abstract]

Disclosure Of Number Of Share Options, Weighted Average Exercise Price, Range Of Exercise Prices And Weighted Average Remaining Contractual Life

Stock options activity under the DRL 2007 Plan for the above two categories of options during the years ended March 31, 2022 and 2021 was as follows:

	For the Year Ended March 31, 2022
Category A — Fair Market Value Options	Shares arising out of options			Range of exercise prices		Weighted average exercise price		Weighted average remaining useful life (months)
Outstanding at the beginning of the year		270,340		Rs.	1,982.00 to Rs. 3,679.00	Rs.	2,791.65		67
Granted during the year		5,144			5,301.00		5,301.00		90
Expired/forfeited during the year		(3,150	)		3,679.00		3,679.00		-
Exercised during the year		(6,120	)		2,607.00 to 3,679.00		3,078.55		-
Outstanding at the end of the year		266,214		Rs.	1,982.00 to Rs. 5,301.00		2,823.04		56
Exercisable at the end of the year		132,845		Rs.	1,982.00 to Rs. 3,679.00	Rs.	2,457.33		41

	For the Year Ended March 31, 2021
Category A — Fair Market Value Options	Shares arising out of options			Range of exercise prices		Weighted average exercise price		Weighted average remaining useful life (months)
Outstanding at the beginning of the year		202,760		Rs.	1,982.00 to Rs. 2,814.00	Rs.	2,353.62		72
Granted during the year		96,080			3,679.00		3,679.00		90
Expired/forfeited during the year		(13,348	)		2,607.00/ 2,814.00		2,678.03		-
Exercised during the year		(15,152	)		2,607.00/ 2,814.00		2,643.48		-
Outstanding at the end of the year		270,340		Rs.	1,982.00 to Rs. 3,679.00	Rs.	2,791.65		67
Exercisable at the end of the year		69,530		Rs.	1,982.00 to Rs. 2,814.00	Rs.	2,182.21		45