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Consolidated statement of cash flows
₨ in Thousands
12 Months Ended
Mar. 31, 2020
USD ($)
Mar. 31, 2020
INR (₨)
Mar. 31, 2019
INR (₨)
Mar. 31, 2018
INR (₨)
Cash flows from operating activities:        
Loss before tax $ (10,220,000) ₨ (770,390) ₨ (1,145,758) ₨ (3,995,089)
Adjustments to reconcile loss before tax to net cash flows:        
Depreciation and amortization 8,839,000 666,369 581,746 425,600
Contingent dividend       (292)
Gain on termination of leases (361,000) (27,241)    
Change in fair value of contingent consideration (5,173,000) (390,009) 485,282 294,344
Finance income (369,000) (27,817) (39,486) (83,041)
Finance costs 2,204,000 166,134 147,705 125,342
Impairment of goodwill 2,945,000 221,999    
Unrealized foreign exchange gain (145,000) (10,932) (15,866) (4,392)
Gain on disposal of property, plant and equipment (64,000) (4,842) (5,050) (1,370)
Change in fair value of warrants (1,000) (94) (1,667,193) 563,253
Excess provision written back (777,000) (58,590) (31,832) (42,614)
Advances/provision written off 164,000 12,364 10,299 11,703
Trade and other receivables and contract assets provision / written off 1,234,000 93,000 304,663 119,388
Share of loss of a joint venture 143,000 10,784 12,772 10,559
Share-based payment expense 68,000 5,135 282,883 729,920
Working capital changes:        
Decrease/ (increase) in trade and other receivables 33,025,000 2,489,784 (1,316,454) (824,920)
Decrease/ (increase) in inventories 19,000 1,428 20,142 (4,006)
Increase/ (decrease) in trade and other payables (38,304,000) (2,887,757) (920,858) 1,898,796
Direct taxes paid (net of refunds) (526,000) (39,681) (245,129) (105,122)
Net cash used in operating activities (7,299,000) (550,356) (3,542,134) (881,941)
Cash flows from investing activities:        
Acquisition of business (net of cash acquired)     (253,448) (353,457)
Investment in joint venture (46,000) (3,500)
Purchase of property, plant and equipment (207,000) (15,572) (30,157) (223,215)
Proceeds from sale of property, plant and equipment 310,000 23,404 10,553 2,297
Purchase/development of intangible assets (2,703,000) (203,751) (394,147) (353,061)
Investment in term deposits (14,479,000) (1,091,549) (2,634,374) (5,262,906)
Proceeds from term deposits 18,345,000 1,383,049 2,640,748 7,404,456
Interest received 61,000 4,562 10,500 6,945
Net cash from/(used in) investing activities 1,281,000 96,643 (650,325) 1,221,059
Cash flows from financing activities:        
Payment of principal portion of lease liabilities (628,000) (47,340)    
Payment of interest portion of lease liabilities (748,000) (56,394)    
Proceeds from issue of share capital (net of cost of issuance of shares)     3,563,630 5,801
Transaction with equity shareholders       (112,406)
Proceeds of borrowings       1,400,239
Repayments of borrowings (4,544,000) (342,591) (502,362) (595,734)
Repayment of vehicle loan (343,000) (25,870) (24,312) (17,804)
Proceeds from invoice discounting 12,166,000 917,166    
Repayment of invoice discounting (8,824,000) (665,262)    
Interest paid on term loan (224,000) (16,876) (72,281) (61,906)
Interest paid on vehicle loan (32,000) (2,382) (4,830) (4,092)
Interest paid on bank overdraft (1,246,000) (93,922) (55,265) (36,916)
Net cash from/(used in) financing activities (4,423,000) (333,471) 2,904,580 577,182
Net increase/ (decrease) in cash and cash equivalents (10,441,000) (787,184) (1,287,879) 916,300
Effect of exchange differences on cash and cash equivalents 925,000 69,742 186,477 16,144
Cash and cash equivalents at the beginning of the year 18,088,000 1,363,671 2,465,073 1,532,629
Closing cash and cash equivalents at the end of the year $ 8,572,000 ₨ 646,229 ₨ 1,363,671 ₨ 2,465,073