Temenos India Annual Report 2022.pdf

TEMENOS INDIA PRIVATE LIMITED
Standalone Financial Statements for period 01/04/2021 to 31/03/2022
[700300] Disclosure of general information about company
Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
Name of company
TEMENOS INDIA PRIVATE
LIMITED
Corporate identity number U30006TN1995PTC032883
Permanent account number of entity AAACT2612E
Address of registered office of company
1 4 6 , S T E R L I N G
ROAD,NUNGAMBAKKAM,CHENNAI-600034
Type of industry
C o m m e r c i a l a n d
Industrial
Date of board meeting when final accounts were approved 30/09/2022
Date of start of reporting period 01/04/2021 01/04/2020
Date of end of reporting period 31/03/2022 31/03/2021
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Lakhs
Type of cash flow statement Indirect Method
Whether company is maintaining books of account and other relevant
books and papers in electronic form
No
Disclosure of principal product or services [Table] ..(1)
Types of principal product or services [Axis] 1
01/04/2021
to
31/03/2022
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 9985
Description of product or service category Support services
Turnover of product or service category 76,579
Highest turnover contributing product or service (ITC 8 digit) code 99859990
Description of product or service
Other support
services n.e.c.
Turnover of highest contributing product or service 76,579
Quantity of highest contributing product or service in UoM 0
[700600] Disclosures - Directors report
Details of directors signing board report [Table] ..(1)
Directors signing board report [Axis] 1
01/04/2021
to
31/03/2022
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director
KALIYAKUDI
VISWANATHAN
Designation of director Wholetime Director
Director identification number of director 01851298
Date of signing board report 30/09/2022

2
TEMENOS INDIA PRIVATE LIMITED Standalone Financial Statements for period 01/04/2021 to 31/03/2022
Details of principal business activities contributing 10% or more of total turnover of company [Table] ..(1)
Principal business activities of company [Axis]
Product/service 1
[Member]
01/04/2021
to
31/03/2022
Details of principal business activities contributing 10% or more of total turnover of company [Abstract]
Details of principal business activities contributing 10% or more of total turnover of company
[LineItems]
Name of main product/service Support Services
Description of main product/service Support Services
NIC code of product/service 9985
Percentage to total turnover of company 100.00%

3
01/04/2021
to
31/03/2022
Disclosure in board of directors report explanatory [TextBlock]
Textual information (1)
[See below]
Description of state of companies affair
[See below]
Disclosure relating to amounts if any which is proposed to carry to any
reserves
Nil
Disclosures relating to amount recommended to be paid as dividend
The Directors do not
recommend any Dividend
on Equity Shares.
Details regarding energy conservation
[See below]
Details regarding technology absorption
[See below]
Details regarding foreign exchange earnings and outgo
[See below]
Disclosures in director’s responsibility statement
[See below]
Details of material changes and commitment occurred during period
affecting financial position of company
[See below]
Particulars of loans guarantee investment under section 186 [TextBlock]
[See below]
Particulars of contracts/arrangements with related parties under section
188(1) [TextBlock]
P a r t i c u l a r s
of fresh Contracts or
Arrangements during the
year with Related parties
referred in Section
188(1) in Form AOC-2 -NIL.
J u s t i f i c a t i o n –
NA.
Details of contracts/arrangements/transactions not at arm's length
basis [Abstract]
Whether there are contracts/arrangements/transactions not at arm's
length basis
No
Details of material contracts/arrangements/transactions at arm's
length basis [Abstract]
Whether there are material contracts/arrangements/transactions at
arm's length basis
No
Date of board of directors' meeting in which board's report referred
to under section 134 was approved
30/09/2022
Disclosure of extract of annual return as provided under section 92(3)
[TextBlock]
W E B
ADDRESS IF ANY, WHERE
ANNUAL RETURN REFERRED
TO IN SUB SECTION (3) OF
SECTION 92 HAS BEEN
P L A C E D : N o t
applicable
Details of principal business activities contributing 10% or more
of total turnover of company [Abstract]
Particulars of holding, subsidiary and associate companies [Abstract]
Name of company
TEMENOS INDIA PRIVATE
LIMITED
Details of shareholding pattern of top 10 shareholders [Abstract]
Disclosure of statement on declaration given by independent directors
under section 149(6) [TextBlock]
[See below]
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters
provided under section 178(3) [TextBlock]
T h e r e w e r e
no change in designation
a n d r e s i g n a t i o n o f
directors during the
f i n a n c i a l y e a r . M r .
Ganesan Sriraman has been
appointed asa Director
w . e . f . M a y 0 2 ,
2022.
Disclosure of statement on development and implementation of risk
management policy [TextBlock]
T h e
company is in the process
o f d e v e l o p m e n t a n d
implementation of risk
management policy for the
company.
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year
[TextBlock]
[See below]
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
Disclosure of financial summary or highlights [TextBlock]
[See below]

4
Disclosure of change in nature of business [TextBlock]
C H A N G E I N
NATURE OF BUSINESS DURING
THE YEAR – Nil
Details of directors or key managerial personnels who were
appointed or have resigned during year [TextBlock]
T h e r e w e r e
w . e . f . M a y 0 2 ,
2022.
Disclosure of companies which have become or ceased to be its
subsidiaries, joint ventures or associate companies during
year [TextBlock]
A s o n M a r c h
31, 2022, the Company does
n o t h a v e a n y
subsidiary
Details relating to deposits covered under chapter v of companies act
[TextBlock] NA
Details of deposits which are not in compliance with requirements
of chapter v of act [TextBlock] NA
Details of significant and material orders passed by
regulators or courts or tribunals impacting going concern
status and company’s operations in future [TextBlock]
[See below]
Details regarding adequacy of internal financial controls with
reference to financial statements [TextBlock]
[See below]
Disclosure of appointment and remuneration of director or
managerial personnel if any, in the financial year [TextBlock]
T h e r e w e r e
w.e.f. May 02, 2022.
/>
Details of remuneration of director or managerial personnel [Abstract]
Number of meetings of board 6
Details of signatories of board report [Abstract]
Name of director signing board report [Abstract]

5
Disclosure in board of directors report explanatory [Text Block]
TEMENOS INDIA PRIVATE LIMITED
CIN: U30006TN1995PTC032883
REGISTERED OFFICE: 146,STERLING ROAD, NUNGAMBAKKAM,CHENNAI- 600034.
DIRECTOR’S REPORT FOR THE YEAR ENDED MARCH 31, 2022
The Directors present their Annual Report together with audited accounts of your Company for the year ended31st March 2022.
1. FINANCIAL RESULTSAmount in Rs. Lakhs
PARTICULARS 2021-22 2020-21
Revenue from Operations 76,579 59,459
Other Income 20 25
Profit before tax 13,287 10,521
Profit after tax 9,633 7,815
Amount proposed to be transferred to reserves NIL NIL
Given the market conditions, the performance of your Company is satisfactory.
2. DIVIDEND
The Directors do not recommend any Dividend on Equity Shares.
3. CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION
Conservation of energy-
We continue to strengthen our energy conservation efforts.
(i) The steps taken or impact on conservation of energy;
Critical Areas such as Energy – efficient IT infrastructure, utilities,etc.
Reduction in power usage by optimizing the illumination level in the entire premises.
Improved preventive maintenance to reduce the energy loss.
(ii) The steps taken by the company for utilizing alternate sources of energy: Installation of Energy efficient Lights in place of conventional
tube lights.
(iii) The capital investment on energy conservation equipment:Various proposals and measures for reducing the energy consumptions are
under considerations.
Technology absorption-
(i) the efforts made towards technology absorption; - Not Applicable for the Reporting year
(ii) the benefits derived like product improvement, cost reduction, product development or import substitution; - Not Applicable for the
Reporting year
(iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial year) - Not Applicable
(a) the details of technology imported;-Not Applicable
(b) the year of import; - Not Applicable
(c) whether the technology been fully absorbed; - Not Applicable
(d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof; and - Not Applicable
(iv) the expenditure incurred on Research and Development.-NIL

6
Foreign exchange earnings and Outgo:
The Company’s foreign exchange outgo for the period ended 31st March, 2022are Rs. 233.50 Lakhs andtheforeign exchange earningsfor the
period ended 31stMarch, 2022are Rs.76,325 Lakhs.
4. FIXED DEPOSITS:
During the year under review, the Company did not accept any deposits from the public. There are no deposits due and outstanding as on
31st March 2022.
5. SUBSIDIARY COMPANY:
As on March 31, 2022, the Company does not have any subsidiary.
6. APPOINTMENT OF DIRECTORS
There were no change in designation and resignation of directors during the financial year.Mr. Ganesan Sriraman has been appointed asa
Director w.e.f. May 02, 2022.
7. DIRECTOR’S RESPONSIBILITY STATEMENT
Pursuant to section 134 (5) of the Companies Act 2013,the Directors hereby confirm that:
in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to
material departures;
the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of the
company for that period;
The directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;
the directors had prepared the annual accounts on a going concern basis;
the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate
and operating effectively.
8. BOARD MEETING

7
The Board of Directors met Six times during the financial year 2021-22 Viz., 01/04/2021, 15/07/2021,
19/08/2021,08/09/2021,19/11/2021and 12/01/2022.
Meetings No of meeting held Date of meetings
Board meeting 6
01/04/2021
15/07/2021
19/08/2021
08/09/2021
19/11/2021
12/01/2022
Shareholders meeting 1 20/08/2022
Committee meeting-specify committee name: CSR 1 19/08/2021
Name of the Director No. of Board meetings attended
SHAKUNTHALAPARAMESWARENJAYANTHAN 6
PRADEEP KANAKATH 6
KALIYAKUDIVISWANATHAN 6
SURESH BHARATHAN 6
9. AUDITORS
The Auditors, M/s. Price Waterhouse Chartered Accountants LLP, Chartered Accountants, Chennai (Firm Registration No: 012754N /
N500016)wasappointed as Statutory Auditors in theAGM 2019 for five years.
10.REPLY FOR AUDITOR’S REMARKS IN THEIR AUDIT REPORT– NA
11. EVENT SUBSEQUENT TO THE DATE OF FINANCIAL STATEMENTS
There have been no material changes and commitments, if any, affecting the financial position of the Company which have occurred between
the end of the financial year of the Company to which the financial statements relate and the date of the report. However, the Company has
received whistle-blower complaints subsequent to the year end, for which investigations are ongoing.
12. CHANGE IN NATURE OF BUSINESS DURING THE YEAR – Nil
13. WEB ADDRESS IF ANY, WHERE ANNUAL RETURN REFERRED TO IN SUB SECTION (3) OF SECTION 92 HAS BEEN
PLACED: Not applicable
14.SIGNIFICANT & MATERIAL ORDERS PASSED BY THE REGULATORS:
Details about the significant and material orders passed by the regulators or Courts or Tribunals impacting the going concern status and the
company’s operations in future –Nil
15. DETAILS OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS:
Details about the adequacy of Internal Financial Controls with reference to the Financial Statements–The financial books and related controls
have been entrusted to competent external professional firm and the directors are satisfied about the present arrangement and related internal
controls in preparing the financial statements.
16. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:
The Company has granted advances in the nature of loans to employees, asdetailed below:
(Amount in INR lakhs)

8
Particulars Advances in nature of loans
Aggregate amount granted during the year 84.54
Balance outstanding as at balance sheet date in respect of the above case 27.85
17. RISK MANAGEMENT POLICY:
The company is in the process of development and implementation of risk management policy for the company.
18. RELATED PARTY TRANSACTIONS:
Particulars of freshContracts or Arrangements during the year with Related parties referred in Section 188(1) in Form AOC-2 -NIL.
Justification – NA.
19. CORPORATE SOCIAL RESPONSIBILTY:
a)About the CSR Policy of the Company and its implementation and the initiatives taken by the Company.
In pursuant to the provisions of section 135 and schedule VII of the Companies Act, 2013, CSR Committee of the Board of Directors was
formed to recommend (a) the policy on Corporate Social Responsibility (CSR) and
(b) implementation of the CSR Projects or Programs to be undertaken by the Company as per CSR Policy for consideration and approval by
the Board of Directors
b. Annual report on CSR Activities is given in the Annexure.
20. DISCLOSURE UNDER DEPOSIT REGULATION PURSUANT TO RULE 2(VIII):NA
21. MAINTENANCE OF COST RECORDS PURSUANT TO RULE 8(IX) OF THE COMPANIES (ACCOUNTS) RULES, 2014:
The Company has made and maintained such cost accounts and records as specified by central government under section 148(1) of the
Companies act.-NA
22. SEXUAL HARASSMENT PREVENTION & REDRESSAL POLICY:
The company has complied with the provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of
Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
23. IMPACT OF COVID-19 PANDEMIC:
The spread of Covid-19 has severely affected the businesses around the globe. In many countries including India, there has been severe
disruption to regular operations due to lock-downs, disruptions in transportations, supply chain, travel bans, quarantines, social distancing
and other emergency measures.
The Company is engaged in providing support to the Group companies in the development and maintenance activities of integrated banking
software systems. The Company was able to seamlessly transition to work from home and was able to maintain its service standards to its
customers.
The management has made an assessment of the Company’s budgets and liquidity position for the next one year and of the recoverability and
carrying values of its property, plant and equipment, trade receivables and other assets. The Company continues to receive prompt collections
from its customers as per the original credit terms.
There has been no material impact on the financial statements as of March 31, 2022 due to the Covid-19 pandemic and the Company also
does not foresee any material impact in the near future. The management will continue to monitor all material changes to the Company’s
internal and external environment arising out of the Covid-19 pandemic.
24. ACKNOWLEDGEMENTS:
The Directors thank the shareholders, Clients, and their staff for the strong support that they have continued to extend to the Company. The
Board also takes this opportunity to place on record its appreciation for the outstanding performance and dedication of our employees at all
levels, without whose commitment, the achievement of results as indicated above could not have been possible.
On Behalf of the Board of Director
Director
KALIYAKUDI VISWANATHAN
DIN: 01851298

9
Place:Chennai
Date:30.09.2022
Description of state of companies affair
PARTICULARS 2021-22 2020-21 Revenue from Operations 76,579 59,459 Other Income 20 25 Profit before tax 13,287 10,521 Profit after
tax 9,633 7,815 Amount proposed to be transferred to reserves NIL NIL Given the market conditions, the performance of your Company is
satisfactory.
Details regarding energy conservation
Conservation of energy- We continue to strengthen our energy conservation efforts. (i) The steps taken or impact on conservation of energy;
• Critical Areas such as Energy – efficient IT infrastructure, utilities, etc. • Reduction in power usage by optimizing the illumination level in
the entire premises. • Improved preventive maintenance to reduce the energy loss. (ii) The steps taken by the company for utilizing alternate
sources of energy: Installation of Energy efficient Lights in place of conventional tube lights. (iii) The capital investment on energy
conservation equipment: Various proposals and measures for reducing the energy consumptions are under considerations.
Details regarding technology absorption
Technology absorption- (i) the efforts made towards technology absorption; - Not Applicable for the Reporting year (ii) the benefits derived
like product improvement, cost reduction, product development or import substitution; - Not Applicable for the Reporting year (iii) in case of
imported technology (imported during the last three years reckoned from the beginning of the financial year) - Not Applicable (a) the details
of technology imported;-Not Applicable (b) the year of import; - Not Applicable (c) whether the technology been fully absorbed; - Not
Applicable (d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof; and - Not Applicable (iv) the
expenditure incurred on Research and Development.- NIL
Details regarding foreign exchange earnings and outgo
Foreign exchange earnings and Outgo: The Company’s foreign exchange outgo for the period ended 31st March, 2022 are Rs. 233.50 Lakhs
and the foreign exchange earnings for the period ended 31st March, 2022 are Rs.76,325 Lakhs.
Disclosures in director’s responsibility statement
Pursuant to section 134 (5) of the Companies Act 2013, the Directors hereby confirm that: a) in the preparation of the annual accounts, the
applicable accounting standards had been followed along with proper explanation relating to material departures; b) the directors had selected
such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true
and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of the company for that period; c)
The directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities; d) the directors had
prepared the annual accounts on a going concern basis; e) the directors had devised proper systems to ensure compliance with the provisions
of all applicable laws and that such systems were adequate and operating effectively.
Details of material changes and commitment occurred during period affecting financial position of company
There have been no material changes and commitments, if any, affecting the financial position of the Company which have occurred between
the end of the financial year of the Company to which the financial statements relate and the date of the report. However, the Company has
received whistle-blower complaints subsequent to the year end, for which investigations are ongoing.

10
Particulars of loans guarantee investment under section 186 [Text Block]
The Company has granted advances in the nature of loans to employees, asdetailed below:
(Amount in INR lakhs)
Balance outstanding as at balance sheet date in respect of the above case 27.85
Disclosure of statement on declaration given by independent directors under section 149(6) [Text Block]
There were no change in designation and resignation of directors during the financial year.Mr. Ganesan Sriraman has been appointed asa
Director w.e.f. May 02, 2022 .

11
Details on policy development and implementation by company on corporate social responsibility initiatives taken
during year [Text Block]
a) About the CSR Policy of the Company and its implementation and the initiatives taken by the Company.
In pursuant to the provisions of section 135 and schedule VII of the Companies Act, 2013, CSR Committee of the Board of Directors was
formed to recommend (a) the policy on Corporate Social Responsibility (CSR) and
(b) implementation of the CSR Projects or Programs to be undertaken by the Company as per CSR Policy for consideration and approval by
the Board of Directors
b. Annual report on CSR Activities is given in the Annexure.
ANNEXURE
ANNUAL REPORT ON CSR ACTIVITIES TO BE INCLUDED IN THE BOARD’S REPORT
1. Brief outline on CSR Policy of the Company
The Company may undertake various CSR projects, programs and activities from time to time and may also contribute towards any existing
or ongoing CSR projects, programs and activities.
2. Composition of CSR Committee:
Sl. No. Name of Director
Designation /
Nature of
Directorship
Number of
meetings of CSR
Committee held
during the year
Number of meetings of
CSR Committee
attended during the
year
1 Mr. S P Jayanthan Chairman 1 1
2 Mr. K Pradeep Member 1 1
3 Mr. Suresh Bharathan Member 1 1
4 Mr. Kaliyakudi Viswanathan Member 1 1
3. Provide the web-link where Composition of CSR committee, CSR Policy and CSR projects approved by the board are disclosed on the
website of the company
www.temenos.com
4. Provide the executive summary along with web-link(s) of Impact Assessment of CSR Projects carried out in pursuance of sub-rule (3) of
rule 8, if applicable.- NA
5. (a) Average net profit of the company as per sub-section (5) of section 135.- Rs. 88,70,13,382.00
(b) Two percent of average net profit of the company as per sub-section (5) of section 135.-Rs. 1,77,40,268.00
(c) Surplus arising out of the CSR Projects or programmes or activities of theprevious financial years.-Nil
(d) Amount required to be set-off for the financial year, if any.-Nil
(e) Total CSR obligation for the financial year [(b)+(c)-(d)].- Rs. 1,77,40,268.00
6. (a) Amount spent on CSR Projects (both Ongoing Project and otherthan Ongoing Project).- Rs. 2,08,74,916
(b)Amount spent in Administrative Overheads.-Nil
(c) Amount spent on Impact Assessment, if applicable.-NA
(d)Total amount spent for the Financial Year [(a)+(b)+(c)].-Rs. 2,08,74,916
(e) CSR amount spent or unspent for the Financial Year:
Total Amount
Spent for the
Financial Year.
(in Rs.)
Amount Unspent (in Rs.)
Total Amount transferred to
Unspent CSR Account as per subsection
(6) of section 135.
Amount transferred to any fund specified under
Schedule VII as per second proviso to sub-section (5)
of section 135.
Amount. Date of transfer Name of the Fund Amount Date of transfer

12
Rs. 2,08,74,916 NIL NIL NIL NIL NIL
(f) Excess amount for set-off, if any:
Sl.
No.
Particular
Amount
(in Rs.)
(1) (2) (3)
(i) Two percent of average net profit of the company as per sub-section (5) of section 135 1,77,40,268
(ii) Total amount spent for the Financial Year 2,08,74,916
(iii) Excess amount spent for the Financial Year [(ii)-(i)] 31,34,648
(iv)
Surplus arising out of the CSR projects or programmes or activities of the previous Financial Years, if
any
Nil
(v) Amount available for set off in succeeding Financial Years [(iii)-(iv)] 31,34,648
7. Details of Unspent Corporate Social Responsibility amount for the preceding three Financial Years:
1 2 3 4 5 6 7 8
Sl.
No
Preceding
Financial
Year(s)
Amount
transferred to
Unspent CSR
Account
under subsection
(6) of
section 135
(in Rs.)
Balance
Amount in
Unspent
CSR
Account
under subsection
(6) of
section 135
(in Rs.)
Amount
Spent in
the
Financial
Year (in
Rs)
Amount transferred to a
Fund as specified under
Schedule VII as per
second proviso to subsection
(5) of section 135,
if any
Amount
remaining to be
spent in
succeeding
Financial Years
(in Rs)
Deficiency, if
any
Amount
(in Rs)
Date of
Transfer
1 FY-1-2020-21 - - - 39,83,030 27.09.2022 - -
2 FY-2
3 FY-3

13
8. Whether any capital assets have been created or acquired through Corporate Social Responsibility amountspent in the Financial Year:NO
Yes No
If Yes, enter the number of Capital assets created/ acquired
Furnish the details relating to such asset(s) so created or acquired through Corporate Social Responsibilityamount spent in the Financial
Year:
Sl.
No.
Shortparticulars ofthe property
orasset(s)[includingcompleteaddress and
location of theproperty]
Pincode
oftheproperty
or asset(s)
Date
ofcreation
Amountof
CSR
amountspent
Details of entity/
Authority/beneficiary of the
registered owner
1 2 3 4 5 6
CSR
Registration
Number, if
applicable
Name
Registered
address
(All the fields should be captured as appearing in the revenue record, flat no, house no, Municipal Office/Municipal Corporation/ Gram
panchayat are to be specified and also the area of the immovable property as well as boundaries)
9. Specify the reason(s), if the company has failed to spend two per cent of the average net profit as per subsection (5) of section 135.- NA
On Behalf of the Board of Director
K Viswanathan
Director
(DIN:01851298)
Place: Chennai
Date:30.09.2022

14
Disclosure of financial summary or highlights [Text Block]
PARTICULARS 2021-22 2020 - 21
Revenue from Operations 76,579 59,459
Other Income 20 25
Profit after tax 9,633 7,815
Amount proposed to be transferred to reserves NIL NIL
Details of significant and material orders passed by regulators or courts or tribunals impacting going concern
status and company’s operations in future [Text Block]
Details about the significant and material orders passed by the regulators or Courts or Tribunals impacting the going concern status and the
company’s operations in future – Nil
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
Details about the adequacy of Internal Financial Controls with reference to the Financial Statements–The financial books and related controls
have been entrusted to competent external professional firm and the directors are satisfied about the present arrangement and related internal
controls in preparing the financial statements.
[700500] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)
Directors signing financial statements [Axis] 1 2
01/04/2021
to
31/03/2022
01/04/2021
to
31/03/2022
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director
KALIYAKUDI
VISWANATHAN
SHAKUNTHALA
PARAMESWAREN
JAYANTHAN
Designation of director Wholetime Director Wholetime Director
Director identification number of director 01851298 01672266
Date of signing of financial statements by director 30/09/2022 30/09/2022

15
[700400] Disclosures - Auditors report
Details regarding auditors [Table] ..(1)
Auditors [Axis] 1
01/04/2021
to
31/03/2022
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Name of audit firm
Price Waterhouse
Chartered
Accountants LLP
Name of auditor signing report
Dilip Kumar
Sharma
Firms registration number of audit firm 012754N/N500016
Membership number of auditor 063532
Address of auditors
8th Floor, Prestige
Palladium Bayan,
129-140 Greams
Road, Chennai -
600006
Permanent account number of auditor or auditor's firm AAFFP3698A
SRN of form ADT-1 R07353865
Date of signing audit report by auditors 30/09/2022
Date of signing of balance sheet by auditors 30/09/2022

16
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis]
Auditor's
favourable remark
[Member]
Clause not
applicable
[Member]
01/04/2021
to
31/03/2022
01/04/2021
to
31/03/2022
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [LineItems]
Disclosure in auditors report relating to fixed assets
Textual information
(14) [See below]
Disclosure in auditors report relating to inventories
Textual information
(15) [See below]
Disclosure in auditors report relating to loans
Textual information
(16) [See below]
Disclosure in auditors report relating to compliance with Section 185 and 186 of
Companies Act, 2013
Textual information
(17) [See below]
Disclosure in auditors report relating to deposits accepted
Textual information
(18) [See below]
Disclosure in auditors report relating to maintenance of cost records
The Central
Government of
India has not
specified the
maintenance of cost
records under
subsection (1) of
Section 148 of the
Act for any of the
services of the
Company.
Disclosure in auditors report relating to statutory dues [TextBlock]
Textual information
(19) [See below]
Disclosure in auditors report relating to default in repayment of financial dues
Textual information
(20) [See below]
Disclosure in auditors report relating to public offer and term loans used for
purpose for which those were raised
Textual information
(21) [See below]
Disclosure in auditors report relating to fraud by the company or on the
company by its officers or its employees reported during period
Textual information
(22) [See below]
Disclosure in auditors report relating to managerial remuneration
The provisions of
Section 197 read
with Schedule V to
the Act are
applicable only to
public companies.
Accordingly,
reporting under
Section 197(16) of
the Act is not
applicable to the
Company.
Disclosure in auditors report relating to Nidhi Company
As the Company is
not a Nidhi
Company and the
Nidhi Rules, 2014
are not applicable to
it, the reporting
under clause 3(xii)
of the Order is not
applicable to the
Company
Disclosure in auditors report relating to transactions with related parties
Textual information
(23) [See below]
Disclosure in auditors report relating to preferential allotment or private
placement of shares or convertible debentures
Textual information
(24) [See below]
Disclosure in auditors report relating to non-cash transactions with directors
or persons connected with him
Textual information
(25) [See below]
Disclosure in auditors report relating to registration under section 45-IA of
Reserve Bank of India Act, 1934
Textual information
(26) [See below]

17
01/04/2021
to
31/03/2022
Disclosure in auditor’s report explanatory [TextBlock]
[See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or
contains adverse remarks
No
Disclosure in auditors report relating to fixed assets
(a) (A) The Company is maintaining proper records showing full particulars, including quantitative details and situation, of property, plant
and equipment. (B) The Company is maintaining proper records showing full particulars of intangible assets. (b) The property, plant and
equipment are physically verified by the Management according to a phased programme designed to cover all the items over a period of 3
years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. However, the physical
verification of property, plant and equipment was not carried out by the management as at the year end and was carried out subsequent to the
year end; and no material discrepancies have been noticed on such verification. (c) The title deeds of all the immovable properties (other than
properties where the Company is the lessee and the lease agreements are duly executed in favour of the lessee), as disclosed in note 3 to the
Ind AS financial statements, are held in the name of the Company. (d) The Company has chosen cost model for its property, plant and
equipment (including Right of Use assets) and intangible assets. Consequently, the question of our commenting on whether the revaluation is
based on the valuation by a Registered Valuer, or specifying the amount of change, if the change is 10% or more in the aggregate of the net
carrying value of each class of Property, Plant and Equipment (including Right of Use assets) or intangible assets does not arise. (e) Based on
the information and explanations furnished to us, no proceedings have been initiated on (or) are pending against the Company for holding
benami property under the Prohibition of Benami Property Transactions Act, 1988 (as amended in 2016) (formerly the Benami Transactions
(Prohibition) Act, 1988 (45 of 1988)) and Rules made thereunder, and therefore the question of our commenting on whether the Company
has appropriately disclosed the details in its financial statements does not arise.
Disclosure in auditors report relating to inventories
(a). The Company is in the business of rendering services, and consequently, does not hold any inventory, Therefore, the provisions of
Clause 3(ii)(a) of the Order are not applicable to the Company. (b) During the year, the Company has not been sanctioned working capital
limits in excess of Rs. 5 crores, in aggregate from banks and financial institutions on the basis of security of current assets and accordingly,
the question of our commenting on whether the quarterly returns or statements are in agreement with the unaudited books of account of the
Company does not arise.
Disclosure in auditors report relating to loans
(a) The Company has granted advances in the nature of loans to employees. The aggregate amount during the year, and balance outstanding
at the balance sheet date with respect to such advances to employees are as per the table given below: Amount in INR lakhs) Particulars
Advances in nature of loans Aggregate amount granted during the year 84.54 Balance outstanding as at balance sheet date in respect of the
above Case 27.85 (Also refer note 4 to the financial statements) (b) In respect of the aforesaid advances in nature of the loan, the terms and
conditions under which such loans were granted are not prejudicial to the Company’s interest. (c) In respect of the aforesaid advances in
nature of loan, the schedule of repayment of principal has been stipulated, and the parties are repaying the principal amounts, as stipulated.
(d) In respect of the aforesaid advances in nature of loans, there is no amount which is overdue for more than ninety day (e) There were no
advances in nature of loans which fell due during the year and were renewed/extended. Further, no fresh loans were granted to same parties
to settle the existing overdue advances in nature of loan. (f) The advances in nature of loans granted during the year had stipulated the
scheduled repayment of principal and the same were not repayable on demand. There were no advances in nature of loans given to
promoters/related parties during the year.
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013
The Company has not granted any loans or made any investments, or provided any guarantees or security to the parties covered under
Sections 185 and 186 of the Act. Therefore, the reporting under clause 3(iv) of the Order are not applicable to the Company.

18
Disclosure in auditors report relating to deposits accepted
The Company has not accepted any deposits or amounts which are deemed to be deposits within the meaning of Sections 73, 74, 75 and 76 of
the Act and the Rules framed there under to the extent notified.
Disclosure in auditors report relating to statutory dues [Text Block]
(a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company
is generally regular in depositing undisputed statutory dues in respect of provident fund and income tax, though there has been a delay in a
few cases and is regular in depositing undisputed statutory dues, including employees’ state insurance, professional tax goods, services tax,
sales tax, service tax, duty of customs, duty of excise, value added tax, cess and other material statutory dues, as applicable, with the
appropriate authorities.
(b) According to the information and explanations given to us and the records of the Company examined by us, the particulars of statutory
dues referred to in sub-clause (a) as at March 31, 2022 which have not been deposited on account of a dispute, are as follows:
Name of the statute
Nature of
dues
Amount
(INR
Lakhs)
Period to which the amount
relates
Forum where the dispute is pending
The Income Tax Act,
1961
Income tax 41.46* Assessment year 2010-11
Commissioner of Income Tax
(Appeals)
The Income Tax Act,
1961
(Appeals)
* Excludes amount paid under protest amounting to INR 2.18 Lakhs.
Disclosure in auditors report relating to default in repayment of financial dues
(a) According to the records of the Company examined by us and the information and explanation given to us, the Company has not
defaulted in repayment of loans or other borrowings or in the payment of interest to any lender during the year. (b) According to the
information and explanations given to us and on the basi s of our audit procedures, we report that the Company has not been declared Wilful
Defaulter by any bank or financial institution or government or any government authority. (c) In our opinion, and according to the
information and explanations given to us, the term loans have been applied for the purposes for which they were obtained. (Also refer Note
13 to the financial statements) (d) According to the information and explanations given to us, and the procedures performed by us, and on an
overall examination of the financial statements of the Company, the Company has not raised funds on short term basis. (e) The Company did
not have any subsidiaries, joint ventures or associate companies during the year. Accordingly, matters specified in clause ix(e) and ix(f) of
paragraph 3 of the CARO, 2020 do not apply to the Company.
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
The Company has not raised any money by way of initial public offer or further public offer (including debt instruments) during the year.
Accordingly, the reporting under clause 3(x)(a) of the Order is not applicable to the Company

19
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees
reported during period
(a) During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted
auditing practices in India, and according to the information and explanations given to us, we have neither come across any instance of
material fraud by the Company or on the Company, noticed or reported during the year, nor have we been informed of any such case by the
Management. (b) During the course of our examination of the books and records of the Company, carried out in accordance with the
generally accepted auditing practices in India, and according to the information and explanations given to us, a report under Section 143(12)
of the Act, in Form ADT- 4, as prescribed under rule 13 of Companies (Audit and Auditors) Rules, 2014 was not required to be filed with the
Central Government. Accordingly, the reporting under clause 3(xi)(b) of the Order is not applicable to the Company. (c) During the course of
our examination of the books and records of the Company carried out in accordance with the generally accepted auditing practices in India,
and according to the information and explanations given to us, the Company has received whistle-blower complaints subsequent to the year
end, which have been considered by us for any bearing on our audit and reporting. As explained by the management, there were certain
complaints in respect of which investigations are ongoing as on the date of our report and hence, the impact on our audit report in respect of
those complaints cannot be determined at this stage.
Disclosure in auditors report relating to transactions with related parties
The Company has entered into transactions with related parties in compliance with the provisions of Section 188 of the Act. The details of
such related party transactions have been disclosed in the financial statements as required under Indian Accounting Standard 24 “Related
Party Disclosures” specified under Section 133 of the Act. Further, the Company is not required to constitute an Audit Committee under
Section 177 of the Act and, accordingly, to this extent, the reporting under clause 3(xiii) of the Order is not applicable to the Company.
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible
debentures
The Company has not made any preferential allotment or private placement of shares or fully or partially or optionally convertible debentures
during the year. Accordingly, the reporting under clause 3(x)(b) of the Order is not applicable to the Company.
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him
The Company has not entered into any non-cash transactions with its directors or persons connected with him. Accordingly, the reporting on
compliance with the provisions of Section 192 of the Act under clause 3(xv) of the Order is not applicable to the Company
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, 1934
(a) The Company is not required to be registered under Section 45-IA of the Reserve Bank of India Act, 1934. Accordingly, the reporting
under clause 3(xvi)(a) of the Order is not applicable to the Company (b) The Company has not conducted non-banking financial / housing
finance activities during the year. Accordingly, the reporting under clause 3(xvi)(b) of the Order is not applicable to the Company. (c) The
Company is not a Core Investment Company (CIC) as defined in the regulations made by the Reserve Bank of India. Accordingly, the
reporting under clause 3(xvi)(c) of the Order is not applicable to the Company. (d) Based on the information and explanations provided by
the management of the Company, the Group does not have any CICs, which are part of the Group. We have not, however, separately
evaluated whether the information provided by the management is accurate and complete. Accordingly, the reporting under clause 3(xvi)(d)
of the Order is not applicable to the Company

20
Disclosure in auditor’s report explanatory [Text Block]
Price Waterhouse Chartered Accountants LLP
Independent Auditors’ Report
To the Members of Temenos India Private Limited
Report on the audit of the Indian Accounting Standards (Ind AS) Financial Statements
Opinion
1, We have audited the accompanying Ind AS financial statements of Temenos India Private Limited (“the Company”), which comprise the
Balance Sheet as at March 31, 2022, and the Statement of Profit and Loss (including Other Comprehensive Income), the Statement of
Changes in Equity and the Statement of Cash Flows for the year then ended, and notes to the Ind AS financial statements, including a
summary of significant accounting policies and other explanatory information.
2. In our opinion and to the best of our information and according to the explanations given to us, the aforesaid Ind AS financial statements
give the information required by the Companies Act, 2013 (“the Act”) in the manner so required and give a true and fair view in conformity
with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2022, and total
comprehensive income (comprising of profit and other comprehensive loss), changes in equity and its cash flows for the year then ended.
Basis for opinion
3. We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Act. Our
responsibilities under those Standards are further described in the “Auditors’ responsibilities for the audit of the Ind AS financial statements”
section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered
Accountants of India together with the ethical requirements that are relevant to our audit of the Ind AS financial statements under the
provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements
and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Emphasis of Matter
4. We draw your attention to Note 25(b) to the Financial Statements regarding non-compliance with the provisions of Section 135 of the Act
and rules thereon relating to delay in transfer of unspent Corporate Social Responsibility (CSR) expenditure, in relation to other than
on-going projects as at March 31, 2021, to a Fund prescribed under Schedule VII to the Act. The Company has filed application for
compounding the offence and the consequential impact of the above non-compliance on the financial statements is presently not
ascertainable.
Our opinion is not modified in respect of this matter.
Other information
5. The Company’s Board of Directors is responsible for the other information. The other information comprises the information included in
the Directors’ report, but does not include the Ind AS financial statements and our auditors’ report thereon.
Our opinion on the Ind AS financial statements does not cover the other information and we do not express any form of assurance
conclusion thereon.
In connection with our audit of the Ind AS financial statements, our responsibility is to read the other information and, in doing so, consider
whether the other information is materially inconsistent with the Ind AS financial statements or our knowledge obtained in the audit or
otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of
this other information; we are required to report that fact.
We have nothing to report in this regard.
Responsibilities of management and those charged with governance for the Ind AS financial statements
6. The Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Act with respect to the preparation of
these Ind AS financial statements that give a true and fair view of the financial position, financial performance, changes in equity and cash
flows of the Company in accordance with the accounting principles generally accepted in India, including the Ind AS specified under Section
133 of the Act. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for
safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of
appropriate accounting policies; making judgements and estimates that are reasonable and prudent; and design, implementation and
maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the
accounting records, relevant to the preparation and presentation of the Ind AS financial statements that give a true and fair view and are free
from material misstatement, whether due to fraud or error.
7. In preparing the Ind AS financial statements, management is responsible for assessing the Company’s ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management
either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Those Board of Directors are also

21
responsible for overseeing the Company's financial reporting process.
Auditors’ responsibilities for the audit of the Ind AS financial statements
8. Our objectives are to obtain reasonable assurance about whether the Ind AS financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of
assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these Ind AS financial statements.
9. As part of an audit in accordance with SAs, we exercise professional judgement and maintain professional skepticism throughout the audit.
We also:
Identify and assess the risks of material misstatement of the Ind AS financial statements, whether due to fraud or error, design and perform
audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The
risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,
forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances.
Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal
financial controls with reference to Ind AS financial statements in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by
management.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a
going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related
disclosures in the Ind AS financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the
audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company to cease to
continue as agoing concern.
Evaluate the overall presentation, structure and content of the Ind AS financial statements, including the disclosures, and whether the Ind AS
financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
10. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and
significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
Report on other legal and regulatory requirements
11. As required by ‘the Companies (Auditor’s Report) Order, 2020! (“the Order”), issued by the Central Government of India in terms of
sub-section (11) of Section 143 of the Act, we give in the Annexure B a statement on the matters specified in paragraphs 3 and 4 of the
Order, to the extent applicable.
12. As required by Section 143(3) of the Act, we report that:
(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit.
(b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of
those books.
(c) The Balance Sheet, the Statement of Profit and Loss (including Other Comprehensive Loss), the Statement of Changes in Equity and the
Statement of Cash Flows dealt with by this Report are in agreement with the books of account.
(d) In our opinion, the aforesaid Ind AS financial statements comply with the Accounting Standards specified under Section 133 of the Act.
(e) On the basis of the written representations received from the directors as on March 31, 2022 taken on record by the Board of Directors,
none of the directors is disqualified as on March 31, 2022 from being appointed as a director in terms of Section 164(2) of the Act.
(f) With respect to the adequacy of the internal financial controls with reference to Ind AS financial statements of the Company and the
operating effectiveness of such controls, refer to our separate Report in “Annexure A”.
(g) With respect to the other matters to be included in the Auditors’ Report in accordance with Rule 11 of the Companies (Audit and
Auditors) Rules, 2014 (as amended), in our opinion and to the best of our information and according to the explanations given to us:
i, The Company has disclosed the impact of pending litigations on its financial position in its Ind AS financial statements - Refer note 35 to
the Ind AS financial statements.
ii. The Company was not required to recognise a provision as at March 31, 2022 under the applicable law or accounting standards, as it does
not have any material foreseeable losses on long-term contract. The Company did not have any derivative contracts as at March 31, 2022.
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company during the
year ended March 31, 2022.

22
iv. (a) The management has represented that, to the best of its knowledge and belief, as disclosed in the notes to the accounts, no funds have
been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to
or in any other person(s) or entity(ies), including foreign entities ("Intermediaries"), with the understanding, whether recorded in writing or
otherwise, that the Intermediary shall, whether, directly or indirectly, lend or invest in other persons or entities identified in any manner
whatsoever by or on behalf of the Company ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the
Ultimate Beneficiaries (Refer Note 42 (vi) to the Ind AS financial statements);
(b) The management has represented that, to the best of its knowledge and belief, as disclosed in the notes to the accounts, no funds have
been received by the Company from any person(s) or entity(ies), including foreign entities ("Funding Parties”), with the understanding,
whether recorded in writing or otherwise, that the Company shall, whether, directly or indirectly, lend or invest in other persons or entities
identified in any manner whatsoever by or on behalf of the Funding Party ("Ultimate Beneficiaries") or provide any guarantee, security or the
like on behalf of the Ultimate Beneficiaries (Refer Note 42 (vi) to the Ind AS financial statements); and
(c) Based on such audit procedures that we considered reasonable and appropriate in the circumstances, nothing has come to our notice that
has caused us to believe that the representations under sub-clause (a) and (b) contain any material misstatement
v. The Company has not declared or paid any dividend during the year.
13. The provisions of Section 197 read with Schedule V to the Act are applicable only to public companies. Accordingly, reporting under
Section 197(16) of the Act is not applicable to the Company.
For Price Waterhouse Chartered Accountants LLP
Firm Registration Number: 012754N/N500016
Chartered Accountants
Dilip Kumar Sharma
Partner
Membership Number : 063532
UDIN : 22053532AXEPSU7409
Place : Chennai
Date : September 30,2022
Annexure A to Independent Auditors’ Report
Referred to in paragraph 12(f) of the Independent Auditors’ Report of even date to the Members Temenos India Private Limited on the Ind
AS Financial Statements for the year ended March 31, 2022
Report on the Internal Financial Controls with reference to Ind AS Financial Statements under Clause (i) of Sub-section 3 of Section 143 of
the Act
1. We have audited the internal financial controls with reference to Ind AS financial statements of Temenos India Private Limited (“the
Company”) as of March 31, 2022 in conjunction with our audit of the Ind AS financial statements of the Company for the year ended on that
date.
Managements responsibility for Internal Financial Controls
2. The Company's management is responsible for establishing and maintaining internal financial controls based on the internal control over
financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note
on Audit of Internal Financial Controls Over Financial Reporting (“the Guidance Note”) issued by the Institute of Chartered Accountants of
India (“ICAI”). These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were
operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to Company's policies, the
safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the
timely preparation of reliable financial information, as required under the Act.
Auditors’ responsibility
3. Our responsibility is to express an opinion on the Company's internal financial controls with reference to Ind AS financial statements
based on our audit. We conducted our audit in accordance with the Guidance Note and the Standards on Auditing deemed to be prescribed
under Section 143(10) of the Act to the extent applicable to an audit of internal financial controls, both applicable to an audit of internal
financial controls and both issued by the ICAI. Those Standards and the Guidance Note require that we comply with ethical requirements and
plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls with reference to Ind AS
financial statements was established and maintained and if such controls operated effectively in all material respects.
4. Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system with
reference to Ind AS financial statements and their operating effectiveness. Our audit of internal financial controls with reference to Ind AS
financial statements included obtaining an understanding of internal financial controls with reference to Ind AS financial statements,

23
assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal controls based
on the assessed risk. The procedures selected depend on the auditors’ judgement, including the assessment of the risks of material
misstatement of the Ind AS financial statements, whether due to fraud or error.
5. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the
Company’s internal financial control’s system with reference to Ind AS financial statements.
Meaning of Internal Financial Controls with reference to financial statements
6. A company's internal financial controls with reference to financial statements is a process designed to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally
accepted accounting principles. Acompany’s internal financial controls with reference to financial statements includes those policies and
procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and
dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation
of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are
being made only in accordance with authorisations of management and directors of the company; and (3) provide reasonable assurance
regarding prevention or timely detection of unauthorised acquisition, use, or disposition of the company ‘sets that could have a material effect
on the financial statements.
Inherent limitations of Internal Financial Controls with reference to Ind AS financial Statements
7. Because of the inherent limitations of internal financial controls with reference to Ind AS financial statements, including the possibility of
collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also,
projections of any evaluation of the internal financial controls with reference to Ind AS financial statements to future periods are subject to
the risk that the internal financial controls with reference to Ind AS financial statements may become inadequate because of changes in
conditions, or that the degree of compliance with the policies or procedures may deteriorate.
Opinion
8. In our opinion, the Company has, in all material respects, an adequate internal financial controls system with reference to Ind AS financial
statements and such internal financial controls with reference to Ind AS financial statements were operating effectively as at March 31, 2022,
based on the internal control over Financial reporting criteria established by the Company considering the essential components of internal
control stated in the Guidance Note issued by ICAI.
Dilip Kumar Sharma
Partner
Place : Chennai
i (a) (A) The Company is maintaining proper records showing full particulars, including quantitative details and situation, of property, plant
and equipment.
(B) The Company is maintaining proper records showing full particulars of intangible assets.
(b) The property, plant and equipment are physically verified by the Management according to a phased programme designed to cover all the
items over a period of 3 years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets.
However, the physical verification of property, plant and equipment was not carried out by the management as at the year end and was
carried out subsequent to the year end; and no material discrepancies have been noticed on such verification.
(c) The title deeds of all the immovable properties (other than properties where the Company is the lessee and the lease agreements are duly
executed in favour of the lessee), as disclosed in note 3 to the Ind AS financial statements, are held in the name of the Company.
(d) The Company has chosen cost model for its property, plant and equipment (including Right of Use assets) and intangible assets.
Consequently, the question of our commenting on whether the revaluation is based on the valuation by a Registered Valuer, or specifying the
amount of change, if the change is 10% or more in the aggregate of the net carrying value of each class of Property, Plant and Equipment
(including Right of Use assets) or intangible assets does not arise.
(e) Based on the information and explanations furnished to us, no proceedings have been initiated on (or) are pending against the Company
for holding benami property under the Prohibition of Benami Property Transactions Act, 1988 (as amended in 2016) (formerly the Benami
Transactions (Prohibition) Act, 1988 (45 of 1988)) and Rules made thereunder, and therefore the question of our commenting on whether the
Company has appropriately disclosed the details in its financial statements does not arise.

24
Ii (a). The Company is in the business of rendering services, and consequently, does not hold any inventory, Therefore, the provisions of
Clause 3(ii)(a) of the Order are not applicable to the Company.
(b) During the year, the Company has not been sanctioned working capital limits in excess of Rs. 5 crores, in aggregate from banks and
financial institutions on the basis of security of current assets and accordingly, the question of our commenting on whether the quarterly
returns or statements are in agreement with the unaudited books of account of the Company does not arise.
iii.(a) The Company has granted advances in the nature of loans to employees. The aggregate amount during the year, and balance

25
outstanding at the balance sheet date with respect to such advances to employees are as per the table given below:
Amount in INR lakhs)
Balance outstanding as at balance sheet date in respect of the above Case 27.85
(Also refer note 4 to the financial statements)
(b) In respect of the aforesaid advances in nature of the loan, the terms and conditions under which such loans were granted are not
prejudicial to the Company’s interest.
(c) In respect of the aforesaid advances in nature of loan, the schedule of repayment of principal has been stipulated, and the parties are
repaying the principal amounts, as stipulated.
(d) In respect of the aforesaid advances in nature of loans, there is no amount which is overdue for more than ninety day
(e) There were no advances in nature of loans which fell due during the year and were renewed/extended. Further, no fresh loans were
granted to same parties to settle the existing overdue advances in nature of loan.
(f) The advances in nature of loans granted during the year had stipulated the scheduled repayment of principal and the same were not
repayable on demand. There were no advances in nature of loans given to promoters/related parties during the year.
iv The Company has not granted any loans or made any investments, or provided any guarantees or security to the parties covered under
Sections 185 and 186 of the Act. Therefore, the reporting under clause 3(iv) of the Order are not applicable to the Company.
v The Company has not accepted any deposits or amounts which are deemed to be deposits within the meaning of Sections 73, 74, 75 and
76 of the Act and the Rules framed there under to the extent notified.
vi. The Central Government of India has not specified the maintenance of cost records under subsection (1) of Section 148 of the Act for any
of the services of the Company.
Vii (a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the
Company is generally regular in depositing undisputed statutory dues in respect of provident fund and income tax, though there has been a
delay in a few cases and is regular in depositing undisputed statutory dues, including employees’ state insurance, professional tax goods,
services tax, sales tax, service tax, duty of customs, duty of excise, value added tax, cess and other material statutory dues, as applicable, with
the appropriate authorities.
(b) According to the information and explanations given to us and the records of the Company examined by us, the particulars of statutory
dues referred to in sub-clause (a) as at March 31, 2022 which have not been deposited on account of a dispute, are as follows:
Name of the statute
Nature of
dues
Amount
(INR
Lakhs)
Period to which the amount
relates
Forum where the dispute is pending
The Income Tax Act,
1961
(Appeals)
The Income Tax Act,
1961
(Appeals)
* Excludes amount paid under protest amounting to INR 2.18 Lakhs.
viii. According to the information and explanations given to us and the records of the Company examined by us, there are no transactions in
the books of account that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act,
1961, that has not been recorded in the books of account.
ix. (a) According to the records of the Company examined by us and the information and explanation given to us, the Company has not
defaulted in repayment of loans or other borrowings or in the payment of interest to any lender during the year.
(b) According to the information and explanations given to us and on the basi s of our audit procedures, we report that the Company has not
been declared Wilful Defaulter by any bank or financial institution or government or any government authority.

26
(c) In our opinion, and according to the information and explanations given to us, the term loans have been applied for the purposes for
which they were obtained. (Also refer Note 13 to the financial statements)
(d) According to the information and explanations given to us, and the procedures performed by us, and on an overall examination of the
financial statements of the Company, the Company has not raised funds on short term basis.
(e) The Company did not have any subsidiaries, joint ventures or associate companies during the year. Accordingly, matters specified in
clause ix(e) and ix(f) of paragraph 3 of the CARO, 2020 do not apply to the Company.
x. (a) The Company has not raised any money by way of initial public offer or further public offer (including debt instruments) during the
year. Accordingly, the reporting under clause 3(x)(a) of the Order is not applicable to the Company
.
(b) The Company has not made any preferential allotment or private placement of shares or fully or partially or optionally convertible
debentures during the year. Accordingly, the reporting under clause 3(x)(b) of the Order is not applicable to the Company.
xi. (a) During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted
auditing practices in India, and according to the information and explanations given to us, we have neither come across any instance of
material fraud by the Company or on the Company, noticed or reported during the year, nor have we been informed of any such case by the
Management.
(b) During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted
auditing practices in India, and according to the information and explanations given to us, a report under Section 143(12) of the Act, in Form
ADT- 4, as prescribed under rule 13 of Companies (Audit and Auditors) Rules, 2014 was not required to be filed with the Central
Government. Accordingly, the reporting under clause 3(xi)(b) of the Order is not applicable to the Company.
(c) During the course of our examination of the books and records of the Company carried out in accordance with the generally accepted
auditing practices in India, and according to the information and explanations given to us, the Company has received whistle-blower
complaints subsequent to the year end, which have been considered by us for any bearing on our audit and reporting. As explained by the
management, there were certain complaints in respect of which investigations are ongoing as on the date of our report and hence, the impact
on our audit report in respect of those complaints cannot be determined at this stage.
xi. As the Company is not a Nidhi Company and the Nidhi Rules, 2014 are not applicable to it, the reporting under clause 3(xii) of the Order
is not applicable to the Company.
xiii. The Company has entered into transactions with related parties in compliance with the provisions of Section 188 of the Act. The details
of such related party transactions have been disclosed in the financial statements as required under Indian Accounting Standard 24 “Related
Party Disclosures” specified under Section 133 of the Act. Further, the Company is not required to constitute an Audit Committee under
Section 177 of the Act and, accordingly, to this extent, the reporting under clause 3(xiii) of the Order is not applicable to the Company.
xiy. (a) The internal audit of the Company is covered under the group internal audit pursuant to which an internal audit is carried out every
year. In our opinion, the Company's internal audit system is commensurate with the size and nature of its business.
(b) The reports of the Internal Auditor for the period under audit have been considered by us
xv. The Company has not entered into any non-cash transactions with its directors or persons connected with him. Accordingly, the reporting
on compliance with the provisions of Section 192 of the Act under clause 3(xv) of the Order is not applicable to the Company.
xvi. (a) The Company is not required to be registered under Section 45-IA of the Reserve Bank of India Act, 1934. Accordingly, the
reporting under clause 3(xvi)(a) of the Order is not applicable to the Company
(b) The Company has not conducted non-banking financial / housing finance activities during the year. Accordingly, the reporting under
clause 3(xvi)(b) of the Order is not applicable to the Company.
(c) The Company is not a Core Investment Company (CIC) as defined in the regulations made by the Reserve Bank of India. Accordingly,
the reporting under clause 3(xvi)(c) of the Order is not applicable to the Company.
(d) Based on the information and explanations provided by the management of the Company, the Group does not have any CICs, which are
part of the Group. We have not, however, separately evaluated whether the information provided by the management is accurate and
complete. Accordingly, the reporting under clause 3(xvi)(d) of the Order is not applicable to the Company
.
xvii. The Company has not incurred any cash losses in the financial year or in the immediately preceding financial year
xviii. There has been no resignation of the statutory auditors during the year and accordingly the reporting under clause (xviii) is not
applicable.
Xix According to the information and explanations given to us and on the basis of the financial ratios (Also refer Note 42(b) to the financial
statements), ageing and expected dates of realisation of financial assets and payment of financial liabilities, other information accompanying
the financial statements, our knowledge of the Board of Directors and management plans and based on our examination of the evidence
supporting the assumptions, nothing has come to our attention, which causes us to believe that any material uncertainty exists as on the date
of the audit report that Company is not capable of meeting its liabilities existing at the date of balance sheet as and when they fall due within
a period of one year from the balance sheet date. We, however, state that this is not an assurance as to the future viability of the Company.
We further state that our reporting is based on the facts up to the date of the audit report and we neither give any guarantee nor any assurance
that all liabilities falling due within a period of one year from the balance sheet date will get discharged by the Company as and when they
fall due.

27
xx. (a) The Company has transferred the amount of Corporate Social Responsibility remaining unspent under sub-section (5) of Section 135
of the Act in respect of “other than ongoing projects” to a Fund specified in Schedule VII to the Act. However, such transfer was made
beyond a period of six months of the expiry of the financial year as permitted under second proviso to sub-section (5) of Section 135 of the
Act. Details are as given below:
Financial
year
Amount to be
spent in
accordance
with
section135(5)
(INR
Lakhs)
Amount remaining
unspent as at the
year- end to be
transferred to fund
under Sch VII
(INR
Lakhs)
Amount transferred to Fund under
Sch. VII, within 6 months from
end of financial year(or till the
date of audit report, if that is
earlier)
(INR Lakhs)
Amount transferred to
Fund under Sch, VII, after
6 months From end of
financial year (till the date
of
audit report)
(INR
Lakhs)
Amount
Not
Transferred to
Fund under
Sch. VII, till the
date of audit
report
(INR
Lakhs)
2020-21 151 40 - 40 -
(Also refer Note 25(b) to the financial statements)
(b) Matters specified in clause xx(b) of paragraph 3 of the CARO, 2020 does not apply to the Company.
xxi. Matters specified in clause xxi of paragraph 3 of the CARO, 2020 does not apply to the Company.
Dilip Kumar Sharma
Partner
Place : Chennai
[700700] Disclosures - Secretarial audit report
01/04/2021
to
31/03/2022
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No

28
[110000] Balance sheet
31/03/2022 31/03/2021 31/03/2020
Balance sheet [Abstract]
Assets [Abstract]
Non-current assets [Abstract]
Property, plant and equipment 8,217 7,034 7,427
Capital work-in-progress 400 0
Other intangible assets 4,196 3,429 5,627
Non-current financial assets [Abstract]
Non-current investments 0 0
Loans, non-current 1,460 1,387
Other non-current financial assets 17 17
Total non-current financial assets 1,477 1,404
Deferred tax assets (net) 1,182 980
Other non-current assets 1,575 2,296
Total non-current assets 17,047 15,143
Current assets [Abstract]
Inventories 0 0
Current financial assets [Abstract]
Current investments 0 0
Trade receivables, current 37,760 33,976
Cash and cash equivalents 9 17
Loans, current 31 3
Other current financial assets 14,211 6,361
Total current financial assets 52,011 40,357
Other current assets 2,186 1,379
Total current assets 54,197 41,736
Total assets 71,244 56,879
Equity and liabilities [Abstract]
Equity [Abstract]
Equity attributable to owners of parent [Abstract]
Equity share capital 30 30 30
Other equity 58,283 48,288
Total equity attributable to owners of parent 58,313 48,318
Non controlling interest 0 0
Total equity 58,313 48,318
Liabilities [Abstract]
Non-current liabilities [Abstract]
Non-current financial liabilities [Abstract]
Borrowings, non-current 34 78
Other non-current financial liabilities 2,241 1,443
Total non-current financial liabilities 2,275 1,521
Provisions, non-current 228 423
Total non-current liabilities 2,503 1,944
Current liabilities [Abstract]
Current financial liabilities [Abstract]
Borrowings, current 0 0
Trade payables, current 1,514 718
Other current financial liabilities 4,960 3,008
Total current financial liabilities 6,474 3,726
Other current liabilities 1,077 578
Provisions, current 2,877 2,313
Total current liabilities 10,428 6,617
Total liabilities 12,931 8,561
Total equity and liabilities 71,244 56,879

29
[210000] Statement of profit and loss
Earnings per share [Table] ..(1)
Classes of equity share capital [Axis] Equity shares [Member] Equity shares 1 [Member]
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
Statement of profit and loss [Abstract]
Earnings per share [Abstract]
Earnings per share [Line items]
Basic earnings per share [Abstract]
Basic earnings (loss) per share from
continuing operations
[INR/shares] 32,522 [INR/shares] 26,384 [INR/shares] 32,522 [INR/shares] 26,384
Total basic earnings (loss) per share [INR/shares] 32,522 [INR/shares] 26,384 [INR/shares] 32,522 [INR/shares] 26,384
Diluted earnings per share [Abstract]
Diluted earnings (loss) per share from
continuing operations
[INR/shares] 32,522 [INR/shares] 26,384 [INR/shares] 32,522 [INR/shares] 26,384
Total diluted earnings (loss) per share [INR/shares] 32,522 [INR/shares] 26,384 [INR/shares] 32,522 [INR/shares] 26,384

30
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
Statement of profit and loss [Abstract]
Income [Abstract]
Revenue from operations 76,579 59,459
Other income 20 25
Total income 76,599 59,484
Expenses [Abstract]
Cost of materials consumed 0 0
Changes in inventories of finished goods, work-in-progress and
stock-in-trade
0 0
Employee benefit expense 51,523 39,233
Finance costs 209 359
Depreciation, depletion and amortisation expense 5,480 4,939
Other expenses 6,100 4,432
Total expenses 63,312 48,963
Profit before exceptional items and tax 13,287 10,521
Total profit before tax 13,287 10,521
Tax expense [Abstract]
Current tax 3,856 3,062
Deferred tax -202 -356
Total tax expense 3,654 2,706
Total profit (loss) for period from continuing operations 9,633 7,815
Tax expense of discontinued operations 0 0
Total profit (loss) from discontinued operations after tax 0 0
Total profit (loss) for period 9,633 7,815
Comprehensive income OCI components presented net of tax [Abstract]
Whether company has other comprehensive income OCI components
presented net of tax
Yes Yes
Other comprehensive income net of tax [Abstract]
Components of other comprehensive income that will not be
reclassified to profit or loss, net of tax [Abstract]
Other comprehensive income, net of tax, gains (losses) on
remeasurements of defined benefit plans
-552 -650
Other comprehensive income that will not be reclassified to
profit or loss, net of tax, others
0 0
Total other comprehensive income that will not be reclassified
to profit or loss, net of tax
-552 -650
Components of other comprehensive income that will be
reclassified to profit or loss, net of tax [Abstract]
Exchange differences on translation net of tax [Abstract]
Total other comprehensive income, net of tax, exchange
differences on translation
0 0
Debt instrument through other comprehensive income Net of tax
[Abstract]
Other comprehensive income, net of tax, Debt instrument
through other comprehensive income
0 0
Cash flow hedges net of tax [Abstract]
Total other comprehensive income, net of tax, cash flow hedges 0 0
Hedges of net investment in foreign operations net of tax
[Abstract]
Total other comprehensive income, net of tax, hedges of net
investments in foreign operations
0 0
Change in value of time value of options net of tax [Abstract]
Total other comprehensive income, net of tax, change in
value of time value of options
0 0
Change in value of forward elements of forward contracts net of
tax [Abstract]
value of forward elements of forward contracts
0 0
Change in value of foreign currency basis spreads net of tax
[Abstract]
value of foreign currency basis spreads
0 0
Other comprehensive income, net of tax, net
movement in regulatory deferral account
balances related to items that will be
reclassified to profit or loss [Abstract]

31
Total other comprehensive income, net of tax,
net movement in regulatory deferral account
balances related to items that will be
reclassified to profit or loss
0 0
Financial assets measured at fair value through other
comprehensive income net of tax [Abstract]
Total other comprehensive income, net of tax,
financial assets measured at fair value through other
comprehensive income
0 0
Other comprehensive income that will be reclassified to profit
or loss, net of tax, others
0 0
Total other comprehensive income that will be reclassified to
profit or loss, net of tax
0 0
Total other comprehensive income -552 -650
Total comprehensive income 9,081 7,165
Comprehensive income OCI components presented before tax [Abstract]
Whether company has comprehensive income OCI components presented
before tax
No No
Other comprehensive income before tax [Abstract]
Total other comprehensive income -552 -650
Earnings per share explanatory [TextBlock]
Earnings per share [Abstract]
Basic earnings per share [Abstract]
Basic earnings (loss) per share from continuing operations [INR/shares] 32,522 [INR/shares] 26,384
Total basic earnings (loss) per share [INR/shares] 32,522 [INR/shares] 26,384
Diluted earnings per share [Abstract]
Diluted earnings (loss) per share from continuing operations [INR/shares] 32,522 [INR/shares] 26,384
Total diluted earnings (loss) per share [INR/shares] 32,522 [INR/shares] 26,384
[400200] Statement of changes in equity
Statement of changes in equity [Table] ..(1)
Components of equity [Axis] Equity [Member]
Equity attributable
to the equity
holders of the
parent [Member]
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
31/03/2020
01/04/2021
to
31/03/2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 9,633 7,815 9,633
Changes in comprehensive income components -552 -650 -552
Total comprehensive income 9,081 7,165 9,081
Other changes in equity [Abstract]
Other additions to reserves 914 518 914
Deductions to reserves [Abstract]
Total deductions to reserves 0 0 0
Appropriations for dividend, dividend tax
and general reserve [Abstract]
Total appropriations for dividend,
dividend tax and retained earnings
0 0 0
Other changes in equity, others 0 0 0
Total other changes in equity 914 518 914
Total increase (decrease) in equity 9,995 7,683 9,995
Other equity at end of period 58,283 48,288 40,605 58,283

32
Components of equity [Axis]
Equity attributable to the equity
holders of the parent [Member]
Reserves [Member]
01/04/2020
to
31/03/2021
31/03/2020
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
Equity [Abstract]
Profit (loss) for period 7,815 9,633 7,815
Changes in comprehensive income components -650 -552 -650
Total comprehensive income 7,165 9,081 7,165
Other additions to reserves 518 914 518
0 0 0
Other changes in equity, others 0 0 0
Total increase (decrease) in equity 7,683 9,995 7,683
Reserves
[Member]
Share options outstanding account [Member]
31/03/2020
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
31/03/2020
Equity [Abstract]
Profit (loss) for period 0 0
Other additions to reserves 914 518
Total deductions to reserves 0 0
0 0
Other changes in equity, others 0 0
Total other changes in equity 914 518
Total increase (decrease) in equity 914 518

33
Components of equity [Axis] Amalgamation reserve [Member]
General reserve
[Member]
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
31/03/2020
01/04/2021
to
31/03/2022
Equity [Abstract]
Profit (loss) for period 0 0 0
0 0 0
Total increase (decrease) in equity 0 0 0
Other equity at end of period -1,180 -1,180 -1,180 484
Components of equity [Axis] General reserve [Member] Retained earnings [Member]
01/04/2020
to
31/03/2021
31/03/2020
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
Equity [Abstract]
Profit (loss) for period 0 9,633 7,815
Changes in comprehensive income components -552 -650
0 0 0
Total increase (decrease) in equity 0 9,081 7,165
Other equity at end of period 484 484 56,117 47,036

34
Retained earnings
[Member]
Other retained earning [Member]
31/03/2020
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
31/03/2020
Equity [Abstract]
Profit (loss) for period 9,633 7,815
Changes in comprehensive income components -552 -650
Total deductions to reserves 0 0
0 0
Total other changes in equity 0 0
Total increase (decrease) in equity 9,081 7,165

35
[320000] Cash flow statement, indirect
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
31/03/2020
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Adjustments for reconcile profit (loss) [Abstract]
Adjustments for finance costs 209 359
Adjustments for decrease (increase) in trade receivables, current -3,784 -8,461
Adjustments for decrease (increase) in other current assets -807 -629
Adjustments for decrease (increase) in other non-current assets 717 613
Adjustments for other financial assets, current -7,951 1,048
Adjustments for increase (decrease) in trade payables, current 797 -355
Adjustments for increase (decrease) in other current liabilities 499 -360
Adjustments for depreciation and amortisation expense 5,480 4,939
Adjustments for provisions, non-current -344 230
Adjustments for other financial liabilities, current 1,520 -923
Adjustments for interest income 0 5
Other adjustments to reconcile profit (loss) -20 -20
Other adjustments for non-cash items 914 518
Total adjustments for reconcile profit (loss) -2,770 -3,046
Net cash flows from (used in) operations 10,517 7,475
Income taxes paid (refund) 3,691 2,892
Net cash flows from (used in) operating activities 6,826 4,583
Cash flows from used in investing activities [Abstract]
Proceeds from sales of property, plant and equipment 25 22
Purchase of property, plant and equipment 4,292 2,499
Interest received 0 8
Net cash flows from (used in) investing activities -4,267 -2,469
Cash flows from used in financing activities [Abstract]
Payments of finance lease liabilities 0 -38
Payments of lease liabilities 51 59
Interest paid 209 359
Other inflows (outflows) of cash -2,307 -2,111
Net cash flows from (used in) financing activities -2,567 -2,491
Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes
-8 -377
Net increase (decrease) in cash and cash equivalents -8 -377
Cash and cash equivalents cash flow statement at end of period 9 17 394
[610100] Notes - List of accounting policies
01/04/2021
to
31/03/2022
01/04/2020
to
31/03/2021
Disclosure of significant accounting policies [TextBlock]
[See below]
[See below]

Temenos India Annual Report 2022.pdf

Temenos India Annual Report 2022.pdf

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Temenos India Annual Report 2022.pdf