221 | Annual Report | 2025-2026 (d) Total future lease payments relating to underlying leases are as follows: Particulars Within 1 year 1-2 years 2-3 years 3-4 years 4-5 years More than 5 years As at March 31, 2026 Lease payments 248.23 234.12 158.40 84.42 67.65 105.20 898.02 Less: Finance cost 65.81 46.61 29.42 18.92 13.25 9.12 183.13 Net present values 182.42 187.51 128.98 65.50 54.40 96.08 714.89 Particulars Within 1 year 1-2 years 2-3 years 3-4 years 4-5 years More than 5 years As at March 31, 2025 Lease payments 200.21 161.99 145.31 134.74 84.42 172.32 898.99 Less: Finance cost 63.46 50.96 39.65 28.76 18.92 21.83 223.58 Net present values 136.75 111.03 105.66 105.98 65.50 150.49 675.41 (e) Total cash outflow for leases for the year ended March 31, 2026 was ₹269.30 lakhs (March 31, 2025: ₹278.07 lakhs). (f) The Company has leases for office building and furnitures. With the exception of short-term leases and leases of lowvalue underlying assets, each lease is reflected on the balance sheet as a right-of-use asset and a lease liability. Variable lease payments which do not depend on an index or a rate are excluded from the initial measurement of the lease liability and right of use assets. The Company classifies its right-of-use assets in a consistent manner to its property, plant and equipment. Each lease generally imposes a restriction that, unless there is a contractual right for the Company to sublease the asset to another party, the right-of-use asset can only be used by the Company. Some leases contain an option to extend the lease for a further term. The Company is prohibited from selling or pledging the underlying leased assets as security. For leases over office buildings and other premises, the Company must keep those properties in a good state of repair and return the properties in their original condition at the end of the lease. Further, the Company is required to pay maintenance fees in accordance with the lease contracts. (g) As per Ind AS 116 the weighted average incremental borrowing rate applied to lease liabilities recognised was 11%. Note 62: Contingent liabilities and commitments Particulars Year ended March 31, 2026 Year ended March 31, 2025 1. Contingent liabilities classified as: (a) Claims against the company not acknowledged as debt (*) Demand for income tax and GST received from respective authorities in respect of which the Company has gone for appeal. Based on the management assessment, crystallization of liability on these items is not considered probable and hence not acknowledged as debt by the Company. 963.55 399.32 (b) Guarantees excluding financial guarantee - - (c) Other money for which the company is contingently liable - - 2. Commitments classified as: (a) Estimated amount of contracts remaining to be executed on capital account and not provided for Capital commitment for purchase/ development of tangible and intangible asset (net of advances). 12.84 10.66 (b) Uncalled liability on shares and other investments partly paid up - - (c) Other commitments (sanctioned loan remaining undisbursed). 1,179.39 509.79 (*) Claims against the company not acknowledged as debt does not include interest. Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2026 (cont’d) (All amounts in ₹ lakhs unless otherwise stated) Note 61: Lease related disclosures (cont’d)
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