Borrowings, other debts and derivative liabilities (Tables)

12 Months Ended

Mar. 31, 2023

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, 2022 and 2023. Short-term borrowings include borrowings with maturity terms shorter than one year:

	As of March 31, 2022		As of March 31, 2023
	RMB		RMB
Bank borrowings		134,540		86,261
Current portion of long-term bank borrowings		26,586		—
Total		161,126		86,261

Summary of Maturities of Long-term Debt

Future principal maturities of short-term borrowings and long-term borrowings as of March 31, 2021 and 2022 are as followings:

	Year ended March 31, 2022		Year ended March 31, 2023
	RMB		RMB
For the year ending March 31,
- Within 1 year		161,126		86,261
Total		161,126		86,261

Summary of Other Long Term Debt

Other debts – non-current consist of the following:

	As of March 31, 2022		As of March 31, 2023
	RMB		RMB
Loan from CMB (a)		86,373		—
Loan from Chong Li (b)		70,001		73,981
Loan for Yoken Series A-1 Warrant (c)		23,188		27,346
Payable for investment		1,500		1,500
Total		181,062		102,827

Summary of Fair Value of Derivative Liabilities

Derivative liabilities

	As of March 31, 2022		As of March 31, 2023
	RMB		RMB
Conversion feature of Yoken Series A-1 Warrant (a)		9,086		7,850
Forward exchange contracts (b)		—		2,851
Total		9,086		10,701