v3.26.1
Investments
12 Months Ended
Mar. 31, 2026
Text Blocks Abstract  
Investments

8. Investments

 

 

 

As at March 31,

 

 

 

2025

 

 

2026

 

Non-current

 

 

 

 

 

 

Financial instruments at FVTPL

 

 

 

 

 

 

Equity instruments (1)

 

4,955

 

 

7,336

 

Fixed maturity plan mutual funds

 

 

1,203

 

 

 

-

 

Financial instruments at FVTOCI

 

 

 

 

 

 

Equity instruments (1)

 

 

12,493

 

 

 

12,143

 

Financial instruments at amortized cost

 

 

 

 

 

 

Inter corporate and term deposits (3)

 

 

7,807

 

 

 

8,574

 

 

26,458

 

 

28,053

 

Current

 

 

 

 

 

 

Financial instruments at FVTPL

 

 

 

 

 

 

Short-term mutual funds (2)

 

88,776

 

 

79,719

 

Fixed maturity plan mutual funds

 

 

300

 

 

 

1,281

 

Financial instruments at FVTOCI

 

 

 

 

 

 

Non-convertible debentures

 

 

219,389

 

 

 

210,328

 

Government securities

 

 

10,651

 

 

 

8,948

 

Commercial papers

 

 

2,858

 

 

 

14,227

 

Bonds

 

 

21,138

 

 

 

10,385

 

Financial instruments at amortized cost

 

 

 

 

 

 

Inter corporate and term deposits (3)

 

 

68,362

 

 

 

112,792

 

 

411,474

 

 

437,680

 

 

 

 

 

 

 

Total

 

437,932

 

 

465,733

 

 

 

 

 

 

 

 

Financial instruments at FVTPL

 

95,234

 

 

88,336

 

Financial instruments at FVTOCI

 

 

266,529

 

 

 

256,031

 

Financial instruments at amortized cost

 

 

76,169

 

 

 

121,366

 

 

(1)
Uncalled capital commitments outstanding as at March 31, 2025 and 2026, was ₹ 1,576 and ₹ 2,577, respectively.
(2)
As at March 31, 2025 and 2026, short-term mutual funds include units placed on lien with bank on account of margin money for currency derivatives amounting to ₹ 233 and ₹ Nil, respectively.
(3)
These deposits earn a fixed rate of interest. As at March 31, 2025 and 2026, term deposits include deposits in lien with banks, held as margin money deposits against guarantees amounting to ₹ 953 and ₹ 961, respectively.

Investments accounted for using the equity method

During the year ended March 31, 2026, the Company invested ₹ 352 being equity contribution in Drivestream Inc., an associate. The Company’s share of equity in the associate is 43.7%.

The Company had no material associates as at March 31, 2025 and 2026.

The aggregate summarized financial information in respect of the Company’s immaterial associate and joint venture that are accounted for using the equity method is set forth below:

 

 

 

As at March 31,

 

Carrying amount of the Company’s interest in:

 

2025

 

 

2026

 

An associate accounted for using the equity method

 

933

 

 

1,716

 

(Unquoted: Series A Preferred Stock - 94,527; Common stock - 27,865, Series B Preferred Stock - 190,525 and Series C Preferred stock - 400)

 

 

 

 

 

 

A joint venture accounted for using the equity method

 

394

 

 

410

 

(Unquoted: Class A units - 5,850,000)

 

 

 

 

 

 

Total

 

1,327

 

 

2,126

 

 

 

 

For the year ended March 31,

 

Company’s share of net profit / (loss) in the consolidated statement of income pertaining to:

 

2024

 

 

2025

 

 

2026

 

An associate accounted for using the equity method

 

(8

)

 

129

 

 

282

 

A joint venture accounted for using the equity method

 

 

(225

)

 

 

125

 

 

 

(25

)

Total

 

(233

)

 

254

 

 

257