PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

116 PRIVI SPECIALITY CHEMICALS LIMITED (Formerly known as Fairchem Speciality Limited) 29 Segment information A. Factors used to identify the entity’s reportable segments, including the basis of organisation For management purpose, the Company has determined its reportable segment as “Aromatic chemicals” since the chief operating decision maker (CODM) evaluates the Company’s performance as a single segment. B. Information about reportable segments Particulars Year ended March 31, 2021 Year ended March 31, 2020 (Restated) Revenue 1,24,672.69 1,27,431.66 1,24,672.69 1,27,431.66 C. Geographic information The geographic information analyses the Company’s revenue and non-current assets by the Company’s country of domicile and other countries. In presenting the geographical information, segment revenue has been based on the geographic location of customers and segments assets were based on the geographic location of the respective non-current assets. The product offerings which are part of the speciality chemicals portfolio of the Company are managed on a worldwide basis from India. (refer note 37) The amount of the group’s revenue is shown in the table below. Particulars Year ended March 31, 2021 Year ended March 31, 2020 (Restated) India 31,363.27 31,809.88 Outside India # 93,309.42 95,621.78 Total 1,24,672.69 1,27,431.66 # Includes deemed exports of Rs. 2,490.55 lakhs for the year (March 31, 2020 : Rs. 3,491.81 lakhs) All the non-current assets of Company are located within India. D. Information about Major Customers Revenue from one major customer represented approximately Rs. 18,827.44 lakhs (March 31, 2020 : Rs. 16,724.25 lakhs) 30 Related party disclosures Details of transactions between the Company and other related party are disclosed below. a) List of Related Parties Promoter Group FIH Mauritius Investments Limited, Republic of Mauritius (FMIL) FIH Private Investments Limited, Mauritius (FMIL is wholly owned and controlled by Fairfax India Holdings Corporation, Canada) Subsidiary Companies Privi Biotechnologies Private Limited Privi Organics USA Corporation NOTES TO THE STANDALONE FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs)