(b)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ss. Particulars Fiscal 2019 Fiscal 2020 Fiscal 2021 Six month
No. period ended
September 2021
1._| Financial liabilities
()_| Borrowings - cash credits
(ii)__[ Borrowings - other loans
(iii)_| Trade payables (Suppliers) 1,716.31 2,326.87 1,868.06 2,611.14
(iv) | Trade payables (Others) MSME 2.18 11.97 1.76 3.08
(v)_| Lease liability - 508.60 521.02 763.90
(vi)_| Other financial liabilities 258.07 425.06 363.23 510.74
2. | Other current liabilities 136.58 121.30 98.23 155.26
3.__| Provisions 78.13 162.40 185.27 176.76
4. | Contract liabilities 199.9 130.24 82.40 75.49
5.__| Liabilities for current tax (net) : 17.73 0.21 45.70
Total current liabilities (B) 2,391.17 3,704.17 3,120.18 4,342.07
C. |Total Working Capital Requirement: C = 2,242.21 4,007.60 5,149.19 4,483.80
AB
D._| Funding Pattern
(i) Working Capital Funding from Bank 1,004.02 1,050.51 1,352.35, 567.48,
(ii) Internal Accruals 1,238.19 2,957.09 3,796.84 3916.32

 

 

 

 

 

 

 

 

 

* As certified by GPHK & ASSOCIATES, Chartered Accountants pursuant to their certificate dated November 27, 2021

Future Working Capital Requirements

We propose to utilise 1,239.19 million, = 1,586.87 million and = 1,845.64 million of the Net Proceeds in Fiscals
2022, 2023 and 2024, respectively, towards Optival’s working capital requirements. The balance portion of working
capital requirement of Optival, shall be met from internal accruals. The incremental and proposed working capital
requirements, as noted by the Board of Directors of our Company and approved by the board of directors of Optival,
pursuant to resolutions dated August 3, 2021 and August 3, 2021, respectively and key assumptions with respect to
the determination of the same are mentioned below:

(in & million)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

s. Particulars Fiscal 2022 Fiscal 2023 Fiscal 2024
No.

A. [Current assets

i, Inventories 9,105.21 11,472.56 14,225.98

2 Financial assets

@ Trade receivables 107.12 134.97 167.36

(ii) Cash and bank balances 167.28 167.28 167.28

(iii) _| Other bank balances 117.79 117.79 117.79

(iv) | Other financial assets 535.60, 674.86 836.82

3. Other current assets 214.24 269.94 334.73,
Total current assets (A) 10,247.24 12,837.40 15,849.97

B. Current liabilities

dy Financial liabilities

()_ | Borrowings (cash credits)

(ii)__ | Borrowings (other loans)

(iii) _ | Trade payables (Suppliers) others 3,104.34 3,849.38

(iv) _ | Trade payables (Others) MSME 2.84 3.52

(v)__ [Lease liability 809.83 1,004.19

(vi) Other financial liabilities 539.89 669.46

2: Other current liabilities 134.97 167.36

3. Provisions 134.97 167.36

4. Contract liabilities 134.97 167.36

5. Liabilities for current tax (net) 0.34 0.42
Total current liabilities (B) 4,862.15 6,029.06

Cc. Total Working Capital 7,975.26 9,820.90
Requirement: C = A-B

D. _| Funding Pattern

 

 

 

 

 

 

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