Investor Presentaiton
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2023
Particulars
(i)
Products:
(ii)
Automobile Tyres
Automobile Tubes
Speciality Coating
Others
Revenue from Customers:
India
Outside India
(Crores)
Year Ended
31.03.2023
Year Ended
31.03.2022
20665.22
17048.83
1336.42
1233.43
421.03
318.16
401.45
405.86
22824.12
19006.28
20947.24
17215.06
1876.88
22824.12
1791.22
19006.28
(iii)
Non Current Assets :
India
Outside India
(iv) There are no transactions with single customer which amounts to 10% or more of the Group's revenue.
Terms of Repayment and Security Description of Current Borrowings:
f.
i)
15113.14
12869.26
12.59
2.52
Loans repayable on demand from banks are secured by hypothecation of Inventories and book debts, equivalent to the outstanding amount and carries interest rates at
the rate of 4.00% to 7.90% (Previous year 3.8% to 6.85%).
Terms of Repayment and Security Description of Non Current Borrowings:
Indian Rupee Term Loan (Unsecured) from the HSBC Bank
g.
i)
a)
ii)
b)
Indian Rupee Term Loan of 150 Crores availed in February, 2019 is for capital expenditure. Interest is payable at a rate equal to the three months T-Bill rate plus
a margin of 1.49% (Previous year-1.49%) payable monthly. The said Loan is repayable in one full installment in February, 2024.
Indian Rupee Term Loan of 150 Crores availed in July, 2021 is for capital expenditure. Interest is payable at a rate equal to the three months T-Bill rate plus a
margin of 1.33% payable monthly. The said Loan is repayable in three equal annual installment in July, 2025/July 2026/July 2027.
Indian Rupee Term Loan (Unsecured) from the HDFC Bank
a)
b)
Indian Rupee Term Loan of 300 Crores availed in June, 2020 is for capital expenditure. Interest is payable at a rate equal to repo rate plus a margin of 1.70%
payable monthly. The said Loan is repayable in three equal annual installment in June, 2024/June 2025/June 2026.
Indian Rupee Term Loan of 150 Crores availed in June, 2021 is for capital expenditure. Interest is payable at a rate equal to repo rate plus a margin of 0.75%
payable monthly. The said Loan is repayable in three equal annual installment in June, 2025/June 2026/June 2027.
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