Debt

12 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Debt

Debt

As of March 31, 2021 and 2022, debt comprises bank overdrafts of $1.7 million and $5.6 million, respectively. Details of undrawn facilities are shown below:

		As of March 31,
	Interest rate	2021		2022
Undrawn borrowing facilities at floating rates include:
– Standard Bank Limited:
Overdraft	SA prime* less 1.2%	$	2,616	$	—
Vehicle and asset finance	SA prime* less 1.2%	570		587
Working capital facility	SA prime* less 0.25%	1,676		544
– Nedbank Limited overdraft	SA prime* less 2%	670		690
		$	5,532	$	1,821

*South African prime interest rate

As of March 31, 2021 and 2022, the South African prime interest rate was 7.00% and 7.75%, respectively. The Standard Bank and Nedbank facilities have no fixed renewal date and are repayable on demand. The facility from Nedbank Limited is unsecured. The Standard Bank overdraft facility was fully utilized as at March 31, 2022.