TRACXN2024-01-012024-03-31 TRACXN2024-01-012024-03-31 TRACXN2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member TRACXN2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member TRACXN2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543638 TRACXN NOTLISTED Tracxn Technologies Limited Equity 2023-04-01 2024-03-31 2024-05-20 2024-05-07 INR Lakhs Yearly 15:02:00 15:50:00 2024-05-20 2024-05-20 true Cash Flow Indirect Declaration of unmodified opinion Single segment Platform Subscription 2024-01-01 2024-03-31 Audited Standalone 203154000.00 12551000.00 215705000.00 0.00 0.00 0.00 177766000.00 0.00 414000.00 18659000.00 196839000.00 18866000.00 0.00 18866000.00 463000.00 4152000.00 4615000.00 0.00 14251000.00 0.00 0.00 0.00 0.00 14251000.00 -974000.00 13277000.00 0.00 0.00 103541000.00 1 0.13 0.13 0.00 0.00 0.13 0.13 Note to Adjustment - Other income includes other gains - net because no separate head for the same is provided. For the period 01/01/2024 to 31/03/2024: Other income is Rs. 2.63 lakhs and Other gains - net is Rs. 122.88 lakhs. Further, for the period 01/04/2023 to 31/03/2024, Other income is Rs. 30.93 lakhs and Other gains - net is Rs. 395.69 lakhs. EPS as presented above is not annualised except for the years ended March 31, 2023 and March 31, 2024. Notes: 1. The Statement of Financial Results for the quarter and financial year ended March 31, 2024 has been prepared in accordance with the recognition and measurement principles laid down in applicable accounting standards prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India, read with relevant rules issued thereunder and in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('Listing Regulations'). 2. The Company has, at various grant dates issued ESOPs to its employees at an exercise price equal to the face value of the Company's share, which were approved by the Nomination and Remuneration Committee and the Board of Directors. For the quarter ended March 31, 2024, an amount of Rs. 160.92 Lakhs (March 31, 2023: Rs. 154.41 Lakhs) has been recorded as employee stock option expense based on requirements in Ind AS 102,' Share-based payments'. The ESOPs granted and outstanding as at March 31, 2024, aggregates to 7,196,976 (March 31, 2023: 9,720,193). 3. The IPO related transaction costs were recognised as an expense upto the date of the IPO. Upon successful completion of the IPO in October 2022, the cumulative IPO expenses amounting to Rs 449.08 lakhs incurred upto March 31, 2023 were recovered from the selling shareholders and disclosed as an exceptional item. 4. During the quarter ended March 31, 2023, management had assessed and recognised deferred tax assets on carry forward business losses based on availability of future taxable profits and such deferred tax asset is reassessed for recoverability at each period end. 5. The figures for the quarter ended March 31, 2024 and March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures upto the third quarter of the financial year which were subjected to review by the statutory auditors. 6. The Company's operations relate to only one reportable segment viz. Platform Subscription. Accordingly, no separate disclosure of segment information is required. 7. The above statement of financial results for the quarter and financial year ended March 31, 2024, statement of assets and liabilities as at March 31, 2024 and statement of cash flows for the year ended March 31, 2024 was reviewed and recommended by the Audit Committee of the Board and subsequently approved by the Board of Directors at their respective meetings held on May 20, 2024. 8. Figures for the previous periods have been regrouped and/ or reclassified wherever necessary to conform with the current period presentation for the purpose of comparability. Single segment 2023-04-01 2024-03-31 Audited Standalone 827705000.00 42662000.00 870367000.00 0.00 0.00 0.00 692584000.00 0.00 1701000.00 89253000.00 783538000.00 86829000.00 0.00 86829000.00 1768000.00 20047000.00 21815000.00 0.00 65014000.00 0.00 0.00 0.00 0.00 65014000.00 -4240000.00 60774000.00 0.00 0.00 103541000.00 1 605337000.00 0.61 0.61 0.00 0.00 0.61 0.61 Other Expenses 18659000.00 Other Expenses 89253000.00 1990000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 54740000.00 54740000.00 212114000.00 0.00 268844000.00 0.00 680517000.00 83398000.00 47781000.00 0.00 0.00 42334000.00 854030000.00 0.00 7967000.00 861997000.00 0.00 0.00 1130841000.00 103541000.00 605337000.00 708878000.00 708878000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37905000.00 37905000.00 0.00 5897000.00 2708000.00 8605000.00 375453000.00 0.00 0.00 0.00 384058000.00 0.00 0.00 421963000.00 1130841000.00 1. Other non-current liabilities includes Contract liabilities: 40.60 Lakhs and Employee benefit obligations: 338.45 Lakhs. 2. Other current liabilites includes Contract liabilities: 3136.49 Lakhs, Employee benefit obligations: 243.88 Lakhs and Other current liabilites: 374.16 Lakhs. 3. Income tax assets (net) of Rs. 547.40 Lakhs has been included in Other non-current financial assets. The Company's operations relate to only one reportable segment viz. Platform Subscription. Accordingly, no separate disclosure of segment information is required 0.00 0.00 11731000.00 0.00 -3717000.00 0.00 0.00 -4893000.00 0.00 -3155000.00 0.00 35681000.00 7434000.00 1701000.00 628000.00 0.00 0.00 255000.00 0.00 209000.00 0.00 2883000.00 47664000.00 -36376000.00 0.00 -4120000.00 0.00 2198000.00 0.00 52357000.00 139186000.00 0.00 0.00 0.00 26717000.00 0.00 112469000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 293000.00 400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2883000.00 0.00 -96841000.00 0.00 -94065000.00 0.00 0.00 0.00 0.00 0.00 0.00 3564000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3564000.00 21968000.00 -461000.00 21507000.00 26274000.00 47781000.00 -974000.00 -4240000.00 0.00 0.00 0.00 0.00