BATAINDIA2022-01-012022-03-31in-bse-fin:OneOperatingExpenses01Member BATAINDIA2022-01-012022-03-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares BATAINDIA 2021-04-01 2022-03-31 2022-05-11 INR Millions Yearly true Cash Flow Indirect Single segment Footwear & Accessories 2022-01-01 2022-03-31 Audited Standalone 6652470000.00 187240000.00 6839710000.00 700010000.00 3856310000.00 -1734700000.00 952210000.00 245400000.00 717470000.00 1258890000.00 5995590000.00 844120000.00 0.00 844120000.00 42130000.00 174010000.00 216140000.00 0.00 627980000.00 0.00 0.00 0.00 0.00 627980000.00 10180000.00 638160000.00 0.00 0.00 642640000.00 5 4.89 4.89 0.00 0.00 4.89 4.89 1. The above standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at the Board Meeting held on May 25, 2022. These standalone financial results have been prepared in accordance with Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, as amended. 2. COVID-19 pandemic had an impact on the business operations and the financial results of the Company for the quarter and year ended March 31, 2022, and in the year ended March 31, 2021. The Company has made detailed assessment of the recoverability and carrying values of its assets comprising property, plant and equipment, investments, inventories, receivables, other current assets, deferred tax assets, etc. as at the period end and on the basis of evaluation, has concluded that no material adjustments are required in the financial results except impairment of investment and loan to subsidiary (refer note 5 below). Given the uncertainties associated with nature, condition and duration of COVID-19, the impact assessment on the Company's financial results will be continuously made and provided for as required. 3. The Company operates in a single business segment, i.e., Footwear and Accessories. 4. The Company has elected to apply the practical expedient of not assessing the rent concessions as a lease modification, as per MCA notifications dated July 24, 2020, and June 18, 2021, on IND-AS 116 for rent concessions which are granted due to COVID-19 pandemic. According to the notifications, out of total rent concessions confirmed for the year ended March 31, 2022, and for year ended March 31, 2021, Rs. 585.48 million and Rs. 1,010.29 million respectively has been accounted as a reduction from rent expense to the extent available and balance of NIL and Rs. 300.42 million for the year ended March 31, 2022, and year ended March 31, 2021, respectively, has been accounted as Other Income . Further, rent concession for quarter ended March 31, 2022, December 31, 2021, and March 31, 2021 - Rs. 43.25 million, Rs. 47.85 million and Rs. 158.92 million, respectively, has been accounted as a reduction from rent expenses. Further as per MCA notification dated June 18, 2021, on IND-AS 116, extending the period of applying practical expedient on rent concessions due to COVID-19 pandemic to June 30, 2022, the company has orovided the cumulative effect of initially applying that amendment as an adiustment to the opening balance of retained earnings of Rs. 54.14 million (net of deferred tax asset of Rs. 18.21 million). 5. During the year ended March 31, 2022, the Company impaired its entire loan and investments amounting to Rs. 28.51 million in its wholly owned subsidiary, Way Finders Brands Limited. 6. Exceptional item of Rs. 46.10 million for the year ended 31 March 2021 represent one time expense for Voluntary Retirement Scheme (VRS) offered at manufacturing facilities and Company's retail stores. 7. Subsequent to the Balance Sheet dale, the Board of Directors of the Company al its meeting held on May 25, 2022, have recommended a final dividend of Rs. 54.5 per share (1090% on an equity share of par value of Rs. 5/- each) including a onetime special dividend of Rs. 50.5 per Share, i.e. 1010% of equity share of par value of Rs. 5/- each for the year ended March 31, 2022. The payment of final dividend is subject to approval of the shareholders at the ensuing Annual General Meeting of the Company. Single segment 2021-04-01 2022-03-31 Audited Standalone 23877190000.00 558970000.00 24436160000.00 2477910000.00 10944630000.00 -2554460000.00 3786840000.00 928180000.00 2419460000.00 5065330000.00 23067890000.00 1368270000.00 0.00 1368270000.00 42130000.00 317270000.00 359400000.00 0.00 1008870000.00 0.00 0.00 0.00 0.00 1008870000.00 4350000.00 1013220000.00 0.00 0.00 642640000.00 5 17499640000.00 7.85 7.85 0.00 0.00 7.85 7.85 Other Expenses 1258890000.00 Other Expenses 5065330000.00 928180000.00 -2626270000.00 67700000.00 0.00 -209660000.00 -1500000.00 -56620000.00 43760000.00 0.00 165080000.00 -370000.00 102410000.00 0.00 2419460000.00 0.00 -1770000.00 0.00 477480000.00 0.00 0.00 0.00 527870000.00 0.00 0.00 0.00 -29050000.00 0.00 64560000.00 0.00 815520000.00 2183790000.00 0.00 0.00 0.00 67950000.00 0.00 2115840000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8560000.00 485840000.00 29050000.00 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 464680000.00 0.00 912040000.00 0.00 928490000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2886400000.00 514380000.00 10590000.00 0.00 0.00 -3411370000.00 -367040000.00 0.00 -367040000.00 544330000.00 177290000.00