Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 As at March 31, 2016 ( ` cr) Type of hedge Change in the value of the hedging instrument recognised in Other Comprehensive Income Hedge ineffectiveness recognised in profit or loss Amount reclassified from cash flow hedging reserve to profit or loss Financial Statement line item affected Cash flow hedge i) Foreign exchange risk (0.89) – (0.17) Revenue and inventories ii) Interest rate risk (0.01) – (0.11) Finance costs Movements in cash flow hedging reserve ( ` cr) Risk category Foreign currency risk Derivative instruments As at March 31, 2017 As at March 31, 2016 Balance at the beginning of the period (0.59) (0.28) Gain | (Loss) recognised in Other Comprehensive Income during the year (0.73) (0.90) Amount reclassified to revenue during the year 0.59 0.28 Tax impact on above 0.25 0.31 Balance at the end of the period (0.48) (0.59) Note 27.9 Capital Management Risk Management The primary objective of Capital Management of the Company is to maximise Shareholder value. The Company monitors capital using Debt-Equity ratio which is total debt divided by total equity. For the purposes of Capital Management, the Company considers the following components of its Balance Sheet to manage capital: Total equity includes General reserve, Retained earnings, Share capital, Security premium. Total debt includes current debt plus non-current debt. ( ` cr) Particulars As at March 31, 2017 As at March 31, 2016 Total debt 155.23 301.67 Total equity 1,920.82 1,592.15 Debt-Equity ratio 0.08 0.19 Note 27.10 Segment information In accordance with Ind AS 108 'Operating Segment', segment information has been given in the Consolidated Financial Statements of Atul Ltd, and therefore, no separate disclosure on segment information is given in the Standalone Financial Statements. Note 27.11 Earnings per share Earnings per share (EPS) - The numerators and denominators used to calculate basic and diluted EPS: Particulars 2016-17 2015-16 Profit for the year attributable to the Equity Shareholders ` cr 285.30 274.45 Basic | Weighted average number of Equity shares outstanding during the year Number 29,661,733 29,661,733 Nominal value of Equity share ` 10 10 Basic and diluted EPS ` 96.18 92.53 Notes to the Financial Statements