Employment benefit plan (Tables)
|
12 Months Ended |
Mar. 31, 2026 |
|---|
| Disclosure of defined benefit plans [abstract] |
|
| Schedule of employee benefits liability |
Schedule of employee benefits liability
| | |
2025 | | |
2026 | |
| | |
March 31, | |
| | |
2025 | | |
2026 | |
| Defined benefit obligation | |
| 87,180 | | |
| 126,358 | |
| Liability for compensated absences | |
| 41,200 | | |
| 63,376 | |
| Total liability | |
| 128,380 | | |
| 189,734 | |
| | |
| | | |
| | |
| Current | |
| 62,550 | | |
| 86,011 | |
| Non Current | |
| 65,830 | | |
| 103,723 | |
| Total | |
| 128,380 | | |
| 189,734 | |
| Net Unfunded liability | |
| 87,180 | | |
| 126,358 | |
|
| Summary of changes in present value of obligation and fair value of plan assets |
Movement
in obligation
Summary of changes in present value of obligation and fair value of plan assets
| | |
March 31, | |
| | |
2025 | | |
2026 | |
| Present value of obligation at beginning of year | |
| 76,876 | | |
| 99,657 | |
| On account of business combination | |
| 15,833 | | |
| - | |
| Employer contributions | |
| | | |
| | |
| Return on plan assets (excluding amounts included in net interest expense) | |
| | | |
| | |
| Remeasurement (gain)/loss on plan assets | |
| | | |
| | |
| Interest cost | |
| 5,543 | | |
| 6,209 | |
| Current service cost | |
| 12,563 | | |
| 14,245 | |
| Past service cost | |
| - | | |
| 27,099 | |
| Remeasurement (gain)/loss on obligation | |
| - | | |
| - | |
| -economic assumptions | |
| 1,641 | | |
| (2,592 | ) |
| -demographic assumptions | |
| 448 | | |
| (872 | ) |
| -experience assumptions | |
| 1,037 | | |
| 7,216 | |
| Benefits paid | |
| (14,284 | ) | |
| (11,739 | ) |
| Present value of obligation at closing of year | |
| 99,657 | | |
| 139,223 | |
Movement
in plan assets*
| | |
March 31, | |
| | |
2025 | | |
2026 | |
| Fair value of plan assets at beginning of the year | |
| 5,427 | | |
| 12,477 | |
| On account of business combination | |
| 6,937 | | |
| - | |
| Employer contributions | |
| - | | |
| - | |
| Benefits paid | |
| (849 | ) | |
| (1,457 | ) |
| Return on plan assets (excluding amounts included in net interest expense) | |
| 890 | | |
| 839 | |
| Actuarial (gain)/loss on plan assets | |
| 72 | | |
| 52 | |
| Fair value of plan assets at end of the year | |
| 12,477 | | |
| 11,911 | |
| * | | plan assets represents
investment made by the Company in LIC funds. |
|
| Schedule of unfunded liability |
Unfunded
liability
Schedule of unfunded liability
| | |
2025 | | |
2026 | |
| | |
March 31, | |
| | |
2025 | | |
2026 | |
| Current | |
| 21,350 | | |
| 22,557 | |
| Non-current | |
| 65,830 | | |
| 103,801 | |
| Unfunded liability
recognized in statement of financial position | |
| 87,180 | | |
| 126,358 | |
|
| Schedule of components of cost recognized in profit or loss |
Components
of cost recognized in profit/(loss)
Schedule of components of cost recognized in profit or loss
| | |
2024 | | |
2025 | | |
2026 | |
| Current service cost | |
| 8,437 | | |
| 12,563 | | |
| 14,245 | |
| Past service cost | |
| (1,633 | ) | |
| - | | |
| 27,099 | |
| Net interest cost | |
| 3,686 | | |
| 4,653 | | |
| 5,369 | |
| Components of cost recognized
in profit or loss | |
| 10,490 | | |
| 17,216 | | |
| 46,713 | |
|
| Summary of amounts for actuarial loss on obligation recognized in other comprehensive income |
Amount
recognized in other comprehensive income
Summary of amounts for actuarial loss on obligation recognized in other comprehensive income
| | |
2024 | | |
2025 | | |
2026 | |
| Remeasurement loss on obligation* | |
| 6,006 | | |
| 3,061 | | |
| (3,690 | ) |
| * | | Refer to Note 31 for the
movement during the year. |
|
| Schedule of actuarial assumptions used for estimating defined benefit obligations |
The
principal actuarial assumptions used for estimating the Group’s defined benefit obligations are set out below:
Schedule of actuarial assumptions used for estimating defined benefit obligations
| |
|
March 31, |
| |
|
2025 | |
2026 |
| Discount rate |
|
6.54%- 6.85% | |
6.68%- 7.80% |
| Future salary increase |
|
5.00% | |
5.00% |
| Average expected future working life (years) |
|
3.21-16.09 | |
3.47-18.46 |
| Retirement age (years) |
|
60-65
years | |
65
years |
| Mortality table |
|
IALM* (2012-14) Ultimate |
| Withdrawal rate (%) |
|
| |
|
| Ages |
|
| |
|
| Upto 30 years |
|
2%-27% | |
2%-39% |
| From 31 to 44 years |
|
2%-31% | |
2%-30% |
| Above 44 years |
|
2%-31% | |
2%-19% |
| * | | Indian Assured Lives
Mortality (2012-14) Ultimate represents published mortality table used for mortality assumption. |
|
| Summary of sensitivity analysis of actuarial assumptions used in computation of defined benefit obligation |
Reasonably
possible changes at the reporting date to one of the relevant actuarial assumptions, holding other assumptions constant, would have affected
the defined benefit obligation by the amounts shown below:
Summary of sensitivity analysis of actuarial assumptions used in computation of defined benefit obligation
| | |
March 31, | |
| | |
2025 | | |
2026 | |
| a) Impact of the change in discount rate | |
| | | |
| | |
| Impact due to increase of 0.50
% | |
| (9,616 | ) | |
| (8,190 | ) |
| a) Impact due to increase of 0.50
% | |
| (9,616 | ) | |
| (8,190 | ) |
| b)Impact due to decrease of 0.50 % | |
| 15,688 | | |
| 16,040 | |
| | |
| | | |
| | |
| b) Impact of the change in salary increase | |
| | | |
| | |
| a) Impact due to increase of 0.50
% | |
| 14,872 | | |
| 16,000 | |
| b) Impact due to decrease of 0.50
% | |
| (8,718 | ) | |
| (8,190 | ) |
|
| Schedule of expected contributions to the defined benefit plan in future years |
The
following payments are expected contributions to the defined benefit plan in future years:
Schedule of expected contributions to the defined benefit plan in future years
| | |
2025 | | |
2026 | |
| | |
March 31, | |
| | |
2025 | | |
2026 | |
| Year 1 | |
| 27,720 | | |
| 38,223 | |
| Year 2 | |
| 17,335 | | |
| 20,575 | |
| Year 3 | |
| 14,401 | | |
| 17,779 | |
| Year 4 | |
| 12,037 | | |
| 16,376 | |
| Year 5 | |
| 9,501 | | |
| 13,763 | |
| Year 6-10 | |
| 28,428 | | |
| 40,932 | |
| Above 10 | |
| 33,562 | | |
| 60,323 | |
| Total expected payments | |
| 142,984 | | |
| 207,971 | |
|
| Schedule of defined contribution plans |
During
the year, the Group has realized the following amounts in the Statement of Profit and Loss (refer to note 11)
Schedule of defined contribution plans
| | |
2025 | | |
2026 | |
| | |
March 31, | |
| | |
2025 | | |
2026 | |
| Employer’s contribution to Employees’ Provident fund | |
| 61,281 | | |
| 46,264 | |
Contribution to Pension fund | |
| 1,750 | | |
| 18,800 | |
| Employer’s contribution to Labor Welfare Fund | |
| 630 | | |
| 733 | |
| Employer’s contribution | |
| 63,661 | | |
| 65,797 | |
|