Page 279 - Index

Mission-Critical Decisions, Made with Confidence.
The carrying value and fair value of financial instruments by categories as at December 31, 2023 are as follows:
Particulars Amortised
cost
Financial assets/
liabilities at FVTPL
Financial assets/liabilities
at FVTOCI
Designated
upon initial
recognition
Derivative
instruments
in hedging
relationship
Total
carrying
value
(C lakh)
Total fair
value
Mandatory Equity
instrument
designated
upon initial
recognition
Mandatory
Assets
Investments
Particulars As at December 31, 2024 As at December 31, 2023
Level 1 Level 2 Level 3 Level 1 Level 2 Level 3
Financial assets measured at fair value:
A Investments at FVTPL
1. Mutual Funds 71,981 - - 56,411 - -
B Investments at FVTOCI
1. Quoted equity shares 36,180 - - 24,955 - -
2. Unquoted equity shares - - 2,786 - - 2,858
C Forward contracts receivable - - - - 11 -
Financial liabilities measured at fair value:
A Forward contracts payable - 867 - - - -
Annual Report 2024
277
Financial Statements
- Quoted equity investments - - - 24,955 - - 24,955 24,955
-  Unquoted equity
investments
- - - 2,858 - - 2,858 2,858
- Mutual funds - - 56,411 - - - 56,411 56,411
Cash and cash equivalents 10,437 - - - - - 10,437 10,437
Other bank balances 378 - - - - - 378 378
Trade receivables 37,582 - - - - - 37,582 37,582
Loans 355 - - - - - 355 355
Other financial assets 5,280 - - - - 11 5,291 5,291
Total 54,032 - 56,411 27,813 - 11 1,38,267 1,38,267
Liabilities
Lease liabilities 3,126 - - - - - 3,126 3,126
Trade payables 12,373 - - - - - 12,373 12,373
Other financial liabilities 18,962 - - - - - 18,962 18,962
Total 34,461 - - - - - 34,461 34,461
36.1 Fair value hierarchy
For financial reporting purpose, fair value measurements are categorised into Level 1, 2, or 3 based on the degree to
which the inputs to the fair value measurements are observable and the significance of the inputs to the fair value
measurement in its entirety, which are described as follows:
Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities.
Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either
directly (i.e. as prices) or indirectly (i.e. derived from prices).
Level 3 – Inputs for the assets or liabilities that are not based on observable market data (unobservable inputs).
The following table presents the fair value measurement hierarchy of financial assets and liabilities measured at fair
value as at December 31, 2024 and December 31, 2023.
(C lakh)