72 Note 26.9 Segment information As the business activity of the Company falls within a single primary segment viz. textile products (chemicals), the disclosure requirement of Ind AS - 108 ‘Operating Segments’ notified under the Companies (Indian Accounting Standards) Rules, 2015, is not applicable. Further, since the revenue generated and assets within India are greater than 90% of the total revenue and total assets respectively of the Company, the disclosure requirement of geographical segments as per the aforesaid Standard is not applicable. Revenue of ` 685.01 lakhs (March 31, 2019: ` 1086.16 lakhs) is derived from a single customer. Note 26.10 Earnings per share Earnings per share (EPS) - The numerators and denominators used to calculate basic and diluted EPS: Particulars 2019-20 2018-19 Profit for the year attributable to the equity shareholders ` lakhs 998.80 1,073.06 Basic | Weighted average number of equity shares outstanding during the year Number 58,37,500 58,37,500 Nominal value of equity share ` 10 10 Basic and diluted EPS ` 17.11 18.38 Note 26.11 Leases The Company adopted Ind AS 116, ‘Lease’ effective from April 01, 2019, and has elected to apply this standard to its leases with modified retrospective approach with the cumulative effect, recognised at the date of initial application. Initial lease liability has been measured at present value of the remaining lease payments and discounted at incremental borrowing rate of the Company as on April 01, 2019, with an equivalent amount for the right-of-use asset. The comparative information of previous year is not restated as permitted by Ind AS 116. a) As a Lessee The Company has taken warehouse, laboratory and Mumbai office under operating lease or leave and license agreements. These are cancellable by the Company, having a term between 11 months and three years and have no specific obligation for renewal. Payments are recognised in the Statement of Profit and Loss under ‘Rent’ in Note 25. i) Following are the changes in the carrying value of right to use assets (` lakhs) Particulars As at March 31, 2020 As at April 01, 2019 334.61 Addition - Deletion - Depreciation I Amortisation 14.55 As at March 31, 2020 320.06
RkJQdWJsaXNoZXIy MjA2MDI2