Borrowings, other debts and derivative liabilities (Tables)

12 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Summary of Short-term Debt

The following table presents short-term borrowings from commercial banks, other institutions and individuals as of March 31, 2020 and 2021. Short-term borrowings include borrowings with maturity terms shorter than one year:

	As of March 31,		As of March 31,
	2020		2021
	RMB		RMB
Bank borrowings		32,738		85,566
Other borrowings		42,485		—
Total short-term borrowings		75,223		85,566

Summary of Long-term Debt Instruments

The following table presents long-term borrowings from commercial banks, other institutions and individuals as of March 31, 2020 and 2021. Long-term borrowings include borrowings with maturity terms greater than one year:

	As of March 31,		As of March 31,
	2020		2021
	RMB		RMB
Bank borrowings		48,191		68,075
Other borrowings		4,957		—
Total long-term borrowings		53,148		68,075

Summary of Maturities of Long-term Debt

Future principal maturities of short-term borrowings and long-term borrowings as of March 31, 2021 are as followings:

	Year ended March 31, 2021
	RMB
For the year ending March 31,
2022		85,566
2023		68,075
Total		153,641

Summary of Other Short Term Debt

Other debts - current consist of the following:

	As of March 31,		As of March 31,
	2020		2021
	RMB		RMB
Series D-3 PICC Notes (f)		76,252		—

Summary of Other Long Term Debt

Other debts – non-current consist of the following:

	As of March 31,		As of March 31,
	2020		2021
	RMB		RMB
Loan for Series C+ Warrant (Note 20)		—		312,535
Loan for Series D-3 Warrant A (e)		11,192		—
Loan for Series D-3 Warrant B (e)		41,824		—
Loan from Chong Li (b)		94,758		100,842
Loan for Yoken Series A-1 Warrant (g)		18,000		19,915
Total		165,774		433,292

Summary of Fair Value of Derivative Liabilities

The Company determined the fair value of derivative liabilities and concluded that as of March 31, 2020 and 2021, the fair values of the derivative liabilities are as follows:

	As of March 31,		As of March 31,
	2020		2021
	RMB		RMB
Conversion feature of Yoken Series A-1 Warrant		—		9,362
Conversion feature of Series D-3 CMB Warrant A		2,377		—
Conversion feature of Series D-3 CMB Warrant B		9,473		—
Series E Warrant (Note 22(h))		2,501		444
Forward exchange swap (Note 22(i))		—		190
Total		14,351		9,996