Eros Media World (EMWPF) 20-F 14 Aug 19 2019 FY Annual report (foreign) Financial data

Cover

Cover	12 Months Ended
	Mar. 31, 2019shares
Statement Line Items [Line Items]
Document Type	20-F
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Mar. 31, 2019
Current Fiscal Year End Date	--03-31
Entity File Number	001-36176
Entity Registrant Name	Eros International PLC
Entity Central Index Key	0001532981
Entity Incorporation, State or Country Code	Y8
Title of 12(b) Security	A ordinary share, par value GBP 0.30 per share
Trading Symbol	EROS
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
'A' Ordinary Shares
Statement Line Items [Line Items]
Entity Common Stock, Shares Outstanding	67,291,738
"B" Ordinary Shares
Statement Line Items [Line Items]
Entity Common Stock, Shares Outstanding	8,212,715

Consolidated Statetments of Fin

Consolidated Statetments of Financial Position - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Non-current assets
Property and equipment	$ 10,921	$ 10,013
Goodwill		3,800
Intangible assets - trade name		14,000
Intangible assets - content	706,572	998,543
Intangible assets - others	3,794	5,280
Investments	2,650	27,257
Trade and other receivables - amortised cost	10,065	9,144
Income tax receivable	1,284	1,269
Restricted deposits	756	1,100
Deferred income tax assets	1,263	351
Total non-current assets	737,305	1,070,757
Current assets
Inventories	435	353
Trade and other receivables - fair value	125,229
Trade and other receivables - amortised cost	79,916	245,079
Investments	1,042
Cash and cash equivalents	89,117	87,762
Restricted deposits	55,858	6,368
Total current assets	351,597	339,562
Total assets	1,088,902	1,410,319
Current liabilities
Trade and other payables	83,487	72,142
Acceptances	8,366	8,898
Short-term borrowings - fair value	68,349	53,500
Short-term borrowings - amortized cost	140,559	98,463
Derivative financial instruments	620
Current income tax payable	17,291	6,324
Total current liabilities	318,672	239,327
Non-current liabilities
Long-term borrowings at fair value		32,510
Long-term borrowings at amortised cost	71,920	92,473
Other long-term liabilities	13,898	3,073
Deferred income tax liabilities	27,427	39,519
Total non-current liabilities	113,245	167,575
Total liabilities	431,917	406,902
Equity
Share capital	39,326	35,334
Share premium	580,013	453,997
Reserves	(2,202)	422,992
Other components of equity	(79,696)	(48,649)
JSOP reserve	(15,985)	(15,985)
Share application money pending allotment		18,000
Equity attributable to equity holders of Eros International Plc	521,456	865,689
Non-controlling interest	135,529	137,728
Total equity	656,985	1,003,417
Total liabilities and shareholder's equity	$ 1,088,902	$ 1,410,319

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Profit or loss [abstract]
Revenue	[1]	$ 270,126	$ 261,253	$ 252,994
Cost of sales		155,396	134,708	164,240
Gross profit		114,730	126,545	88,754
Administrative costs		87,134	68,029	63,309
Operating profit before exceptional item		27,596	58,516	25,445
Impairment loss		(423,335)
Operating profit/(loss)		(395,739)	58,516	25,445
Finance costs		(24,093)	(19,668)	(19,521)
Finance income		16,419	1,855	2,365
Net finance costs		(7,674)	(17,813)	(17,156)
Other gains/(losses)		288	(41,321)	14,205
Profit/(loss) before tax		(403,125)	(618)	22,494
Income tax		(7,328)	(9,127)	(11,039)
Profit/(Loss) for the year		(410,453)	(9,745)	11,455
Attributable to:
Equity holders of Eros International Plc		(423,867)	(22,575)	3,805
Non-controlling interest		13,414	12,830	7,650
Profit/(Loss) for the year		$ (410,453)	$ (9,745)	$ 11,455
(Loss)/Earnings per share (cents)
Basic (loss)/earnings per share		$ (599.5)	$ (36.3)	$ 6.4
Diluted (loss)/earnings per share		$ (599.5)	$ (36.3)	$ 5.1
[1]	Net of significant discounting component

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Statement of comprehensive income [abstract]
Profit/(Loss) for the year	$ (410,453)	$ (9,745)	$ 11,455
Items that will not be subsequently reclassified to profit or loss
Changes in fair value of investments	(24,687)
Revaluation of property and equipment	1,745
Items that will be subsequently reclassified to profit or loss
Exchange differences on translating foreign operations	(13,934)	(1,153)	6,618
Exchange differences on revaluation of property and equipment	78	6	(27)
Reclassification of cash flow hedge to consolidated statements of income		375	804
Fair Value loss on trade account receivable (FVTOCI)	(4,664)
Impairment loss on available-for-sale financial assets			(384)
Total other comprehensive (loss)/income for the year	(41,462)	(772)	7,011
Total comprehensive (loss)/income for the year, net of tax	(451,915)	(10,517)	18,466
Attributable to:
Equity holders of Eros International Plc	(459,321)	(23,106)	8,997
Non-controlling interest	$ 7,406	$ 12,589	$ 9,469

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Cash flow from operating activities:
Profit/(Loss) before tax	$ (403,125)	$ (618)	$ 22,494
Adjustments for:
Depreciation	1,049	1,265	1,082
Share based payments	21,561	17,918	23,471
Amortization of intangible film and content rights	130,155	115,285	135,316
Amortization of other intangible assets	1,214	1,726	1,816
Other non-cash items	481,773	50,119	(10,616)
Net finance costs	20,901	18,745	17,156
Gain on sale of available-for-sale financial assets	(37)		(58)
Movement in trade and other receivables	(179,784)	(91,317)	(72,247)
Movement in inventories	(99)	(219)	(412)
Movement in trade and other payables	22,166	(1,215)	4,172
Loss/(gain) on sale of property, plant and equipment	97	(2)	22
Cash generated from operations	95,871	111,687	122,196
Interest paid	(13,347)	(20,761)	(18,390)
Income taxes paid	(7,558)	(7,683)	(4,813)
Net cash generated from operating activities	74,966	83,243	98,993
Cash flows from investing activities
Investment	(1,005)
Proceeds from sale of available-for-sale investment			288
Purchase of property and equipment	(380)	(913)	(678)
Proceeds from disposal of property and equipment	6	70	2
Investment in restricted deposits held with banks	(53,507)	(27)	(4,018)
Restricted deposits matured	3,952
Deconsolidation/acquisition of cash and cash equivalent in subsidiary		(9)
Purchase of intangible film rights and content rights	(107,722)	(186,757)	(173,481)
Purchase of other intangible assets	(907)	(321)
Interest received	1,830	2,537	2,696
Net cash (used in) investing activities	(157,733)	(185,420)	(175,191)
Cash flows from financing activities
Proceeds from issue of share capital, net of transaction costs	54,820	16,645	30,466
Proceeds from issue of shares by subsidiary	77	556	40
Investment in shares of subsidiary	(2,892)	40,221
Share application money received pending allotment		18,000
Proceeds from issue out of treasury shares			938
(Repayment of)/proceeds from/short term debt with maturity less than three months (net)		211	(39,493)
Proceeds from short term debt	103,365	48,249	76,310
Repayment of short term debt	(59,014)	(43,785)	(66,404)
Proceeds from long term debt, net of transaction costs of Nil (2018: Nil and 2017: $384)		111,278	16,522
Repayment of long term debt	(12,239)	(113,960)	(12,450)
Net cash generated from financing activities	84,117	77,415	5,929
Net increase/(decrease) in cash and cash equivalents	1,350	(24,762)	(70,269)
Effects of exchange rate changes on cash and cash equivalents	5	257	(238)
Cash and cash equivalents at beginning of year	87,762	112,267	182,774
Cash and cash equivalents at end of year	89,117	87,762	112,267
Long-Term Borrowings
Reconciliation of Liabilities arising from Financing activities
Liabilities arising from financing activities, beginning of period	188,909	198,792
Considered in cash flow (net)	(12,239)	(2,682)
Net finance cost in relation to convertible notes	10,682	4,338
Swap Interest		(763)
Shares issued in lieu of convertible notes	(49,741)	(32,168)
Movement in derivative financial instruments
Borrowing for purchase of property and equipment, net	424
Amortization of debt issuance cost	415	664
Transfer of long-term loan to short-term loan	(5,555)
Changes in fair value of convertible notes measured at fair value through profit and loss	21,398	13,840
Exchange adjustment	(7,039)	6,888
Liabilities arising from financing activities, end of period	147,254	188,909	198,792
Short-Term Borrowings
Reconciliation of Liabilities arising from Financing activities
Liabilities arising from financing activities, beginning of period	87,755	83,631
Considered in cash flow (net)	44,351	4,675
Net finance cost in relation to convertible notes
Swap Interest
Shares issued in lieu of convertible notes
Movement in derivative financial instruments	902
Borrowing for purchase of property and equipment, net
Amortization of debt issuance cost		(253)
Transfer of long-term loan to short-term loan	5,555
Changes in fair value of convertible notes measured at fair value through profit and loss
Exchange adjustment	(4,369)	(298)
Liabilities arising from financing activities, end of period	134,194	87,755	83,631
Liabilities arising from Financing Activities
Reconciliation of Liabilities arising from Financing activities
Liabilities arising from financing activities, beginning of period	276,664	282,423
Considered in cash flow (net)	32,112	1,993
Net finance cost in relation to convertible notes	10,682	4,338
Swap Interest		(763)
Shares issued in lieu of convertible notes	(49,741)	(32,168)
Movement in derivative financial instruments	902
Borrowing for purchase of property and equipment, net	424
Amortization of debt issuance cost	415	411
Transfer of long-term loan to short-term loan
Changes in fair value of convertible notes measured at fair value through profit and loss	21,398	13,840
Exchange adjustment	(11,408)	6,590
Liabilities arising from financing activities, end of period	$ 281,448	$ 276,664	$ 282,423

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Statement of cash flows [abstract]
Transaction costs			$ 384
Interest paid and capitalized	$ 9,607	$ 11,722	$ 7,176

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Share Capital	Share Premium Account	Currency Translation Reserve	Available for Sale Fair Value Reserves	Revaluation Reserve	Hedging Reserve	Reserves	JSOP Reserve	Share Application Reserve	Equity Attributable to Shareholders of EROS International PLC	Non-controlling Interests	Total
Balance at beginning of period at Mar. 31, 2016	$ 30,793	$ 356,865	$ (60,609)	$ 6,622	$ 1,856	$ (1,179)	$ 423,151	$ (17,167)		$ 740,332	$ 68,762	$ 809,094
Statement Line Items [Line Items]
Profit/(Loss) for the year							3,805			3,805	7,650	11,455
Other comprehensive income/(loss) for the year			4,799	(384)	(27)	804				5,192	1,819	7,011
Total comprehensive income/(loss) for the year			4,799	(384)	(27)	804	3,805			8,997	9,469	18,466
Issue of shares, net of transaction costs of Nil	808	29,712								30,520		30,520
Share based compensation							22,901			22,901	570	23,471
Shares issued on exercise of employee stock options and awards	276	13,273					(13,549)
Issue out of treasury shares		(164)						1,182		1,018		1,018
Changes in ownership interest in subsidiaries that do not result in a loss of control							689			689	290	979
Shares pending for allotment
Balance at end of period at Mar. 31, 2017	31,877	399,686	(55,810)	6,238	1,829	(375)	436,997	(15,985)		804,457	79,091	883,548
Statement Line Items [Line Items]
Profit/(Loss) for the year							(22,575)			(22,575)	12,830	(9,745)
Other comprehensive income/(loss) for the year			(912)		6	375				(531)	(241)	(772)
Total comprehensive income/(loss) for the year			(912)		6	$ 375	(22,575)			(23,106)	12,589	(10,517)
Issue of shares, net of transaction costs of Nil	555	15,874								16,429		16,429
Share based compensation							17,316			17,316	602	17,918
Shares issued on exercise of employee stock options and awards	277	8,894					(8,955)			216		216
Issue out of treasury shares
Changes in ownership interest in subsidiaries that do not result in a loss of control							209			209	40,568	40,777
Loss of control in a subsidiary											4,878	4,878
Shares pending for allotment									$ 18,000	18,000		18,000
Shares issued in lieu of convertible notes	2,625	29,543								32,168		32,168
Balance at end of period at Mar. 31, 2018	35,334	453,997	(56,722)	6,238	1,835		422,992	(15,985)	18,000	865,689	137,728	1,003,417
Adoption of IFRS at Mar. 31, 2019			(34)				(14,270)			(14,304)	(3,520)	(17,824)
Statement Line Items [Line Items]
Profit/(Loss) for the year							(423,867)			(423,867)	13,414	(410,453)
Other comprehensive income/(loss) for the year			(7,423)	(24,687)	1,097		(4,441)			(35,454)	(6,008)	(41,462)
Total comprehensive income/(loss) for the year			(7,423)	(24,687)	1,097		(428,308)			(459,321)	7,406	(451,915)
Issue of shares, net of transaction costs of Nil	1,948	70,718							$ (18,000)	54,666		54,666
Share based compensation							21,118			21,118	443	21,561
Shares issued on exercise of employee stock options and awards	302	7,299					(7,447)			154		154
Issue out of treasury shares
Changes in ownership interest in subsidiaries that do not result in a loss of control							3,713			3,713	(6,528)	(2,815)
Shares issued in lieu of convertible notes	1,742	47,999								49,741		49,741
Balance at end of period at Mar. 31, 2019	$ 39,326	$ 580,013	$ (64,179)	$ (18,449)	$ 2,932		$ (2,202)	$ (15,985)		$ 521,456	$ 135,529	$ 656,985

Nature of Operations, General I

Nature of Operations, General Information and Basis of Presentation	12 Months Ended
	Mar. 31, 2019
Nature Of Operations General Information And Basis Of Presentation
Nature of Operations, General Information and Basis of Presentation	1 NATURE OF OPERATIONS, GENERAL INFORMATION AND BASIS OF PREPARATION Eros International Plc (“Eros” or the “Company”) and its subsidiaries’ (together with Eros, the “Group”) principal activities include the acquisition, co-production and distribution of Indian films and related content. Eros International Plc is the Group’s ultimate parent company. It is incorporated and domiciled in the Isle of Man. The address of Eros International Plc’s registered office is First Names House, Victoria Road, Douglas, Isle of Man IM2 4DF. The consolidated financial statements of the Group have been prepared in accordance with International Financial Reporting Standards (“IFRSs”), as issued by the International Accounting Standards Board (IASB). The financial statements have been prepared on accrual basis and under the historical cost convention on a going concern basis, with the exception of: A) revaluation of certain properties and equipments B) certain financial instruments and assets acquired and liabilities assumed in a business combination that have been measured at fair value as required by relevant IFRSs C) Employee stock option plans which have been recognized at fair value D) Certain employee benefit plans, which are measured based on actuarial assumptions The Group’s accounting policies as set out below have been applied consistently throughout the Group to all the periods presented, unless otherwise stated. The financial statements of Eros and each of its subsidiaries are measured using the currency of the primary economic environment in which these entities operate (i.e. the functional currency). The consolidated financial statements are presented in US Dollars (USD) which is the presentation currency of the Company and has been rounded off to the nearest thousands. The consolidated financial statements for the year ended March 31, 2019 were approved by the Eros Board of Directors and authorized for issue on August 14, 2019.

Going Concern and Impairment of

Going Concern and Impairment of Non-Current Assets	12 Months Ended
	Mar. 31, 2019
Going Concern And Impairment Of Non-current Assets
Going Concern and Impairment of Non-Current Assets	2 GOING CONCERN AND IMPAIRMENT OF NON-CURRENT ASSETS 2(a) B GOING CONCERN The Group meets its day to day working capital requirements and funds its investment in content and film rights primarily through a variety of cash generated from operations, banking arrangements, de-recognition of financial assets and strategic alternatives. Under the terms of such banking arrangements, the Group is able to draw down in the local currencies of its operating businesses. The borrowings (as set out in Note 23) are subject to individual covenants and a negative pledge that restricts the Group’s ability to incur liens, security interests or similar encumbrances or arrangements on its assets. The Group has incurred loss for the year amounting $410,453 [after considering the impact of an impairment loss amounting $423,335 as described in Note 2 (b)] and $9,745 for the year ended March 31, 2019 and 2018 respectively. Subsequent to the balance sheet date, there has been a reduction in the market capitalization of the Company due to various allegations that the management believes are false in addition to a credit rating downgrade of our Indian listed subsidiary due to delay in repayment of loan interest.. The credit rating downgrade continues as of date. Further, as described in Note 2 (b) - the Company recorded an impairment loss amounting to $423,335 for the year ended March 31, 2019. However, the net monetary assets and liabilities position as at March 31, 2019 and March 31, 2018 are positive. Further, the Group have generated positive operating cash flow before incurring capital expenditures for the year ended March 31, 2019 and 2018 respectively. In addition, the Company has cash and cash equivalents of $89,117 as of March 31, 2019. The Group is exposed to uncertainties arising from the global economic climate and in the markets in which it operates. Market conditions could lead to lower than anticipated demand for the Group’s products and services and exchange rate volatility could also impact reported performance. The Group has considered the impact of these uncertainty and other uncertainties and factored them into their financial forecasts and assessment of covenant headroom, including renewal of short-term borrowings and/or accessibility of long-term borrowings. The Group’s forecasts and projections, taking account of reasonably possible changes in trading performance (and available mitigating actions), shows that the Group will be able to operate within the expected limits of the facilities available as of March 31, 2019 for the next twelve months and will provide a headroom against the covenants for the foreseeable future on account of cash generated from operations and/ or strategic alternatives that the Company is current exploring, including binding business arrangement with large Internet Service Providers (ISPs) and Telecom Companies. Further a portion of company’s short-term borrowings have been renewed as per previously approved banking terms and the remaining portion of short-term borrowings are under process of renewal with the banking institution/s. For this reason, Management continues to adopt the going concern basis in preparing the consolidated financial statements in accordance with IFRS as issued by the IASB, which assumes that the Group will be able to meet its liabilities, including mandatory repayment of the banking facilities, as disclosed in Note 23, as they fall due, failing which an impact on the Group’s ability to realize assets at their recognized values, in particular content and film rights, and to extinguish liabilities in the normal course of business at the amounts stated in the consolidated financial statements, may occur. 2(b) IMPAIRMENT OF NON- CURRENT ASSETS Impairment reviews in respect of goodwill and indefinite-lived intangible assets are performed annually. More regular reviews, and impairment reviews in respect of other non-current assets, are performed if events indicate that an impairment review is necessary. Examples of such triggering events would include a significant planned restructuring, a major change in market conditions or technology, reduction in market capitalization, expectations of future operating losses, or negative cash flows. The asset or Cash Generating Unit (CGU) is impaired if its carrying amount exceeds its recoverable amount. The recoverable amount is defined as the higher of the ‘fair value less costs of disposal’ (“FVLCD”) and the ‘value in use’ (“VIU”). The Group identified one reporting segment and CGU, i.e. film content. The group performed impairment assessment as of March 31, 2019. The recoverable amount of the cash generating unit was determined based on value in use, which was higher than the FVLCD. Value in use was determined based on future cash flows after considering current economic conditions and trends, estimated future operating results, growth rates (which is lower than those considered in previous years) and anticipated future economic conditions. The approach and key (unobservable) assumptions used to determine the cash generating unit’s value in use were as follows: Assumptions As at As at Growth rate applied beyond approved forecast period 4% 4% Pre-tax discount rate 21% 19% The Company considered it appropriate to undertake an impairment assessment with reference to the estimated cash flows for the period of four years developed using internal forecast and extrapolated for the fifth year. The growth rates used in the value in use calculation reflect those inherent within the Company’s internal forecast, which is primarily a function of the future assumptions, past performance and management’s expectation of future developments through fiscal 2024. Accordingly, the Group recorded an impairment loss, totaling to $423,335, as an exceptional item, being significant and non-recurring in nature, within the Statement of Income for the year ended March 31, 2019 mainly due to high discount rate as explained in the table above and changes in the market conditions, including lower projected volume when compared to prior year/s. The aforesaid impairment loss was firstly, allocated from the carrying amount of goodwill and Intangible assets - trademark totaling $17,800 and the residual amount totaling $405,535 was allocated to Intangible assets - content. Sensitivity to key assumptions The change in the key following assumptions used in the impairment review would, in isolation, lead to an increase/(decrease) in impairment loss recognized by followings amounts as at March 31, 2019 (Although it should be noted that these sensitivities do not take account of potential mitigating actions) (in millions) As at Increase in discount rate by 1% $ 54 Decrease in long term growth rate applied beyond approved forecast period by 1% $ 30 Decrease in projected volume by 1% $ 63

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2019
Summary Of Significant Accounting Policies
Summary of Significant Accounting Policies	3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 3.1. Overall considerations The significant accounting policies that have been used in the preparation of these consolidated financial statements are summarized below. Financial statements are subject to the application of significant accounting estimates and judgments. These are summarized in Note 38. Significant new accounting pronouncements Two significant new accounting standards IFRS 15 “Revenue from Contracts with Customers” and IFRS 9 “Financial Instruments” were adopted by the Group on April 1, 2018. The impact of adopting these new standards on the financial statements at April 1, 2018 and the key changes to the accounting policies previously applied by the Group are disclosed in note 39. In the year ended March 31, 2019, the Group has adopted new guidance for the recognition of revenue from contracts with customers. This guidance was applied using a modified retrospective (‘cumulative catch-up’) approach under which changes having a material effect on the consolidated statement of financial position as at March 31, 2018 are presented together as a single adjustment to the opening balance of retained earnings. Accordingly, the Group is not required to present a third statement of financial position as at that date. The Group’s new IFRS 15 accounting policy is disclosed in note 3.4. Further, the Group has adopted new guidance for accounting for financial instruments. This guidance was applied using the transitional relief allowing the entity not to restate prior periods. Differences arising from the adoption of IFRS 9 in relation to classification, measurement, and impairment are recognized in retained earnings. The Group’s new IFRS 9 accounting policy is disclosed in note 3.12. 3.2. Basis of consolidation The financial statements of the Group consolidates results of the Company and entities controlled by the Company and its subsidiary undertakings. Control exists when the Company, directly or indirectly, has existing rights that give the Company the current ability to direct the activities which affect the entity’s returns; the Company is exposed to or has rights to a return which may vary depending on the entity’s performance; and the Company has the ability to use its powers to affect its own returns from its involvement with the entity. Unrealized gains on transactions within the Group are eliminated. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred. Amounts reported in the financial statements of subsidiaries have been adjusted where necessary to ensure consistency with the accounting policies adopted by the Group. Business combinations are accounted for under the purchase method. The purchase method involves the recognition at fair value of all identifiable assets and liabilities, including contingent liabilities of the subsidiary, at the acquisition date, regardless of whether or not they were recorded in the financial statements of the subsidiary prior to acquisition. On initial recognition, the assets and liabilities of the subsidiary are included in the consolidated statement of financial position at their fair values. Transaction costs that the company incurs in connection with a business combination such as finder’s fees, legal fees, due diligence fees, and other professional and consulting fees are expensed as incurred. Goodwill is stated after separating out identifiable intangible assets. Goodwill represents the excess of acquisition cost over the fair value of the Group’s share of the identifiable net assets of the acquired subsidiary at the date of acquisition. Changes in controlling interest in a subsidiary that do not result in gaining or losing control are not business combinations as defined by IFRS 3. The Group adopts the “equity transaction method” which regards the transaction as a realignment of the interests of the different equity holders in the Group. Under the equity transaction method an increase or decrease in the Group’s ownership interest is accounted for as follows: • the non-controlling component of equity is adjusted to reflect the non-controlling interest revised share of the net carrying value of the subsidiaries net assets; • the difference between the consideration received or paid and the adjustment to non-controlling interests is debited or credited to a different component of equity — merger reserves; • no adjustment is made to the carrying amount of goodwill or the subsidiaries’ net assets as reported in the consolidated financial statements; and • no gain or loss is reported in the consolidated statements of income. Loss of control policy When a change in the Group’s ownership interest in a subsidiary results in a loss of control over the subsidiary, the assets and liabilities of the subsidiary including any goodwill are derecognized and a gain or loss arising thereto is accounted within Statement of Income. Amounts previously recognized in other comprehensive income in respect of that entity are also reclassified to Statement of Income. 3.3. Segment reporting IFRS 8 Operating Segments (“IFRS 8”) requires operating segments to be identified on the same basis as is used internally for the review of performance and allocation of resources by the Group’s chief operating decision maker, which is the Group’s CEO and MD. The revenues of films are earned over various formats; all such formats are functional activities of filmed entertainment and these activities take place on an integrated basis. The management team reviews the financial information on an integrated basis for the Group as a whole. The management team also monitors performance separately for individual films for at least 12 months after the theatrical release. Certain resources such as publicity and advertising, and the cost of a film are also reviewed globally. Eros has identified four geographic areas, consisting of its main geographic areas (India, North America and Europe), together with the rest of the world. 3.4. Revenue Effective April 1, 2018, the Group has applied IFRS 15 ‘Revenue from Contracts with Customers’ which establishes a comprehensive framework for determining whether, how much and when revenue is to be recognized. IFRS 15 replaces IAS 18 ‘Revenue’, IAS 11 ‘Construction Contracts’ and several certain revenue related interpretations. The new Standard has been applied retrospectively without restatement, with the cumulative effect of initial application recognised as an adjustment to the opening balance of retained earnings at April 1, 2018. In accordance with the transition guidance, IFRS 15 has only been applied to contracts that are incomplete as at April 1, 2018. The comparative information continues to be reported under IAS 18 and IAS 11. Refer note 3.4 – Summary of Significant accounting policies – Revenue recognition in the Annual report of the Group for the year ended March 31, 2018, for revenue recognition policy as per IAS 18 and IAS 11. Refer note 39 for analysis of the impact of adoption of the standard on the financial statements of the Group. To determine whether to recognise revenue, the Group follows a 5-step process: a) Identifying the contract with a customer b) Identifying the performance obligations c) Determining the transaction price d) Allocating the transaction price to the performance obligations e) Recognising revenue when/as performance obligation(s) are satisfied Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration which the Group expects to receive in exchange for those products or services. To ensure collectability of such consideration and financial stability of the counterparty, the Group performs certain standard Know Your Client (KYC) procedures based on their geographic locations and evaluates trend of past collection from such locations. Revenue is measured based on the transaction price, which is the consideration, adjusted for any discounts and incentives, if any, as specified in the contract with the customer. Revenue also excludes taxes collected from customers. In case of revenues which are subject to change, the Group estimates the amount to be received using the “most likely amount” approach, or the “expected value” approach, as appropriate. This amount is then included in the Group’s estimate of the transaction price only if it is highly probable that a significant reversal of revenue will not occur once any uncertainty surrounding the bonus is resolved. In making this assessment the Group considers its historical performance on similar contracts. The Group recognises contract liabilities for consideration received in respect of unsatisfied performance obligations and reports these amounts as other liabilities in the statement of financial position (see Note 25). Similarly, if the Group satisfies a performance obligation before it receives the consideration, the Group recognises either a contract asset or a receivable in its statement of financial position, depending on whether something other than the passage of time is required before the consideration is due The following criteria apply in respect of various revenue streams within filmed entertainment: • In arrangements for theatrical distribution, contracted minimum guarantees are recognized on the theatrical release date. The Group’s share of box office receipts in excess of the minimum guarantee is recognized at the point as the box office receipts gets accrued. • In arrangements for television syndication, license fees received in advance which do not meet all the above criteria, including commencement of the availability for broadcast under the terms of the related licensing agreement, are included in contract liability until the criteria for recognition is met. Further in arrangements where the license fees received in advance is for a period of 12 months or more from the commencement, the company computes significant discounting component at imputed rate of interest on advances received and recognizes within net finance cost in the statement of income. Accumulated contract liability (deferred revenue) is recognized upon commencement of availability for broadcast. • In arrangements for catalogue sales, the Group recognizes revenue if revenue recognition criteria’s such as a valid sales contract exists, all content is delivered and the customer start generating economic benefits from them, the Group is reasonably certain on collectability, and the Group’s contractual obligations are complete and are met. Considering the arrangement with catalogue customers provide for a contractual deferred payment terms up to a year and in many cases the payments often fall behind contractual terms, revenues from catalogue sales are recognized net of financing component calculated at imputed market rate of interest on the gross receivables. The re-measurement of such financing period at each balance sheet date and related gains or losses is recognized within administrative costs in the Statement of Income. The unwinding of the such discount is recognized using effective interest rate within net finance cost in the Statement of Income. • Digital and ancillary media revenues are recognized at the earlier of when the content is accessed or declared. Fees received for access to the specified and unspecified future content through digital and ancillary media, including usage of over-the-top platform developed by the Group, is recognized on straight line basis over the period of the service contract. Billing in excess of the revenue recognized is shown as contract liability . • DVD, CD and video distribution revenue is recognized on the date the product is delivered or if licensed in line with the above criteria. Visual effects, production and other fees for services rendered by the Group and overhead recharges are recognized in the period in which they are earned and in certain cases, the stage of production is used to determine the proportion recognized in the period. 3.5. Goodwill Goodwill represents the excess of the consideration transferred in a business combination over the fair value of the Group’s share of the identifiable net assets acquired. Goodwill is carried at cost less accumulated impairment losses. Gain on bargain purchase is recognized immediately after acquisition in the consolidated statement of income. 3.6. Intangible assets Intangible assets acquired by the Group are stated at cost less accumulated amortization less impairment loss, if any, except those acquired as part of a business combination, which are shown at fair value at the date of acquisition less accumulated amortization less impairment loss, if any (Film production cost and content advances are transferred to film and content rights at the point at which content is first exploited). “Eros” (the “Trade name”) is considered to have an indefinite life because of the institutional nature of the corporate brand name, its proven ability to maintain market leadership and the Group’s commitment to develop, enhance and retain its value. The carrying value is reviewed at least annually for impairment and adjusted to recoverable amount if required. Content Investments in films and associated rights, including acquired rights and distribution advances in respect of completed films, are stated at cost less amortization less provision for impairment. Costs include production costs, overhead and capitalized interest costs net of any amounts received from third party investors. A charge is made to write down the cost of completed rights over the estimated useful lives, writing off more in year one which recognizes initial income flows and then the balance over a period of up to nine years, except where the asset is not yet available for exploitation. The average life of the assets is the lesser of 10 years or the remaining life of the content rights. The amortization charge is recognized in the consolidated statement of income within cost of sales. The determination of useful life is based upon management’s judgment and includes assumptions on the timing and future estimated revenues to be generated by these assets, which are summarized in Note 38.3. Others Other intangible assets, which comprise internally generated and acquired software used within the Group’s digital, home entertainment and internal accounting activities, are stated at cost less amortization less provision for impairment. A charge is made to write down the cost of completed rights over the estimated useful lives except where the asset is not yet available for exploitation. The average life of below intangible assets ranges from 3-6 years. The amortization charge is recognized in the consolidated statements of income within administrative expenses as stated below: Life of asset Rate of Information technology assets 3 years 33 Other intangibles 3 - 6 years 17 - 33 Subsequent expenditure Expenditure on capitalized intangible assets subsequent to the original expenditure is included only when it increases the future economic benefits embodied in the specific asset to which it relates. Information technology assets An internally generated intangible asset arising from the Group’s software development activities that is expected to be completed is recognized only if all the following criteria are met: • an asset is created that can be identified (such as software and new processes); • it is probable that the asset created will generate future economic benefits; and • the development cost can be measured reliably. When these criteria are met and there are appropriate resources to complete development, the expenditure is capitalized at cost. Where these criteria are not met development expenditure is recognized as an expense in the period in which it is incurred. Internally generated intangible assets are amortized over their useful economic life from the date that they start generating future economic benefits. 3.7. Impairment testing of goodwill, other intangible assets and property and Equipment For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash-generating units). As a result, some assets are tested individually for impairment and some are tested at the cash-generating unit level. Goodwill is allocated to those cash-generating units that are expected to benefit from synergies of the related business combination and represent the lowest level within the Group at which Management monitors the related cash flows. Goodwill and Trade names are tested for impairment at least annually. All other individual assets or cash-generating units are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Management believes that due to change in the key assumptions with respect to volume growth and discount rate has resulted into impairment of Goodwill and Trade name. An impairment loss is recognized for the amount by which the asset’s or cash-generating unit’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of fair value, reflecting market conditions less costs to sell, and value in use based on an internal discounted cash flow evaluation. Impairment losses recognized for cash-generating units, to which goodwill has been allocated, are credited initially to the carrying amount of goodwill. Any remaining impairment loss is charged pro rata to the other assets in the cash generating unit. Film and content rights are stated at the lower of unamortized cost and estimated recoverable amounts. In accordance with IAS 36 Impairment of Assets, film content costs are assessed for indication of impairment on a library basis as the nature of the Group’s business, the contracts it has in place and the markets it operates in do not yet make an ongoing individual film evaluation feasible with reasonable certainty. Impairment losses on content advances are recognized when film production does not seem viable and refund of the advance is not probable. With the exception of goodwill, all assets are subsequently reassessed for indications that an impairment loss previously recognized may no longer exist. 3.8. Property and equipment Property and equipment are stated at historical cost less accumulated depreciation and impairment. Land and freehold buildings are shown at what Management believes to be their fair value, based on, among other things, periodic but at least triennial valuations by an external independent valuer, less subsequent depreciation for freehold buildings. Any accumulated depreciation at the date of revaluation is eliminated against the gross carrying amount of the asset and the net amount is restated to the revalued amount. Increases in the carrying amount arising on revaluation of freehold land and buildings are credited to other reserves in shareholders’ equity through other comprehensive income. Decreases that offset previous increases are charged against other reserves. Depreciation is provided to write-off the cost of all property and equipment to their residual value as stated below: Life of Asset Rate of WDV Freehold building 60 years 2-10 Furniture and fittings and equipment 5 years 15-20 Vehicles and machinery 3-5 years 20-30 Material residual value estimates are updated as required, but at least annually, whether or not the asset is revalued. Advance paid towards the acquisition or improvement of property and equipment not ready for use before the reporting date are disclosed as capital work-in-progress. 3.9. Inventories Inventories primarily comprise of music CDs and DVDs, and are valued at the lower of cost and net realizable value. Cost in respect of goods for resale is defined as purchase price, including appropriate labor costs and other overhead costs. Costs in respect of raw materials is purchase price. Purchase price is assigned using a weighted average basis. Net realizable value is defined as anticipated selling price or anticipated revenue less cost to completion. 3.10. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term highly liquid investments which are readily convertible into known amounts of cash and are subject to insignificant risk of changes in value. Bank overdrafts are shown within “Borrowings” in “Current liabilities” on the statement of financial position. 3.11. Restricted deposits held with banks Deposits held with banks as security for overdraft facilities are included in restricted deposits held with bank. 3.12. Financial instruments A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity. The impact of adoption of IFRS 9 “Financial Instruments” on classification as of April 1, 2018 and March 31, 2019 is explained in note 39. i. Recognition, initial measurement and derecognition Financial assets and liabilities are recognised when the Group becomes a party to the contractual provisions of the instrument. Financial assets and liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value measured on initial recognition of financial assets or financial liability. The transaction costs directly attributable to the acquisition of financial assets and financial liabilities at fair value through profit and loss are immediately recognised in the Consolidated Statement of Income. A financial asset is primarily derecognised (i.e. removed from the Group’s statement of financial position) when: a) The rights to receive cash flows from the asset have expired, or b) The Group has transferred its rights to receive cash flows under an eligible transaction. A financial liability is derecognised when the obligation under the liability is discharged or cancelled or expires. ii. Classification For the purpose of subsequent measurement, financial assets are classified into the following categories upon initial recognition: • Debt instruments at amortised cost • Debt instruments at fair value through other comprehensive income (FVTOCI) • Debt instruments, derivatives and equity instruments at fair value through profit or loss (FVTPL) • Equity instruments measured at fair value through other comprehensive income (FVTOCI) • Equity instruments measured at fair value profit or loss (FVTPL) The classification depends on the entity’s business model for managing the financial assets and the contractual terms of the cash flows. Debt instruments at amortised cost A ‘debt instrument’ is measured at the amortised cost if both the following conditions are met: 1. The asset is held within a business model whose objective is to hold assets for collecting contractual cash flows, and 2. Contractual terms of the asset give rise on specified dates to cash flows that are solely payments of principal and interest (“SPPI”) on the principal amount outstanding. After initial measurement, such financial assets are subsequently measured at amortised cost using the effective interest rate (the “EIR”) method. The effective interest rate is the rate that exactly discounts future cash receipts or payments through the expected life of the financial instrument, or where appropriate, a shorter period. Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included in finance income/other income in the Consolidated Statement of Income . The losses arising from impairment are recognised in the Consolidated Statement of Income Debt instruments at fair value through other comprehensive income A ‘debt instrument’ is classified as at the FVTOCI if both of the following criteria are met: 1. The objective of the business model is achieved both by collecting contractual cash flows and selling the financial assets, and 2. The asset’s contractual cash flows represent SPPI. Debt instruments at fair value through profit or loss FVTPL is a residual category for debt instruments. Any debt instrument, which does not meet the criteria for categorization as at amortized cost or as FVTOCI, is classified as at FVTPL. Equity instruments All equity investments in scope of IFRS 9 are measured at fair value. Equity instruments which are held for trading are classified as at FVTPL with all changes recognised in the Consolidated Statement of Income For all other equity instruments, the Group may make an irrevocable election to present in OCI, the subsequent changes in the fair value. The Group makes such election on an instrument-by-instrument basis. If the Group decides to classify an equity instrument as at FVTOCI, then all fair value changes on the instrument, excluding dividends and impairment loss, are recognised in OCI. There is no recycling of the amounts from the OCI to the Consolidated Statement of Income , even on sale of the investment. However, the Group may transfer the cumulative gain or loss within categories of equity. iii. Impairment of financial assets In accordance with IFRS 9, the Group applies the expected credit loss (“ECL”) model for measurement and recognition of impairment loss on financial assets and credit risk exposures. ECL is the difference between all contractual cash flows that are due to the Group in accordance with the contract and all the cash flows that the entity expects to receive (i.e., all cash shortfalls), discounted at the EIR of the instrument. Lifetime ECL are the expected credit losses resulting from all possible default events over the expected life of a financial instrument. The 12-month ECL is a portion of the lifetime ECL which results from default events that are possible within 12 months after the reporting date. The Group follows ‘simplified approach’ for recognition of impairment loss allowance on trade receivables, which do not have a significant financing component as per IFRS 15. Simplified approach does not require the Group to track changes in credit risk. Rather, it recognises impairment loss allowance based on lifetime ECL at each reporting date, right from its initial recognition. For recognition of impairment loss on other financial assets and risk exposure, the Group determines that whether there has been a significant increase in the credit risk since initial recognition. If credit risk has not increased significantly, 12-month ECL is used to provide for impairment loss. However, if credit risk has increased significantly, lifetime ECL is used. If, in a subsequent period, credit quality of the instrument improves such that there is no longer a significant increase in credit risk since initial recognition, then the entity reverts to recognising impairment loss allowance based on 12-month ECL. ECL impairment loss allowance (or reversal) recognised during the period is recognised as income/ expense in the Consolidated Statement of Income . iv. Classification and subsequent measurement of financial liabilities All financial liabilities are recognised initially at its fair value, adjusted by directly attributable transaction costs. The measurement of financial liabilities depends on their classification, as described below: § Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through profit or loss. Financial liabilities are classified as held for trading if they are incurred for the purpose of repurchasing in the near term. The Group does not have any financial liabilities classified at fair value through profit or loss. § Financial liabilities measured at amortised cost After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortised cost using the EIR method. Gains and losses are recognised in the Consolidated Statement of Income when the liabilities are derecognised. Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included as finance costs in the Consolidated Statement of Income 3.13. Derivative financial instruments The Group uses derivative financial instruments (“derivatives”) to reduce its exposure to interest rate movements. Derivatives are initially recognized at fair value at the date the derivative contracts are entered into and are subsequently re-measured to their fair value at the end of each reporting period. The resulting gain or loss is recognized in consolidated statements of income immediately. 3.14. Provisions Provisions are recognized when the Group has a present legal or constructive obligation as a result of a past event, it is more likely than not that an outflow of resources will be required to settle the obligations and can be reliably measured. Provisions are measured at management’s best estimate of the expenditure required to settle the obligations at the statement of financial position date and are discounted to present value where the effect is material. 3.15. Leases Leases in which significantly all the risks and rewards incidental to ownership are not transferred to the lessee are classified as operating leases. Payments under such leases are charged to the consolidated statements of income on a straight line basis over the period of the lease. 3.16. Taxation Taxation on profit and loss comprises current income tax and deferred income tax. Tax is recognized in the consolidated statement of income except to the extent that it relates to items recognized directly in equity or other comprehensive income in which case it is recognized in equity or other comprehensive income. Current income tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted at the reporting date along with any adjustment relating to tax payable in previous years. Deferred income tax is provided in full, using the liability method, on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. Deferred income tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted at the statement of financial position date and are expected to apply when the related deferred income tax asset is realized or the deferred income tax liability is settled in the appropriate territory. Deferred income tax in respect of undistributed earnings of subsidiaries is recognized except where the Group is able to control the timing of the reversal of the temporary difference and that the temporary difference will not reverse in the foreseeable future. Deferred income tax assets are recognized to the extent that it is probable that future taxable profit will be available against which temporary differences can be utilized. Deferred income tax assets and deferred income tax liabilities are offset if, and only if the Group has a legally enforceable right to set off current tax assets against current tax liabilities and the deferred tax assets and the deferred tax liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously, in each future period in which significant amounts of deferred tax liabilities or assets are expected to be settled or recovered. 3.17. Employee benefits The Group operates defined contribution pension plans and healthcare and insurance plans on behalf of its employees. The amounts due are all expensed as they fall due. In accordance with IFRS 2 “Share Based Payments”, the fair value of shares or options granted is recognized as personnel costs with a corresponding increase in equity. The fair value is measured at the grant date and spread over the period during which the recipient becomes unconditionally entitled to payment unless forfeited or surrendered. The fair value of share options granted is measured using the Black Scholes model or a Monte-Carlo simulation model, each taking into accou

Acquisitions, Changes in Owners

Acquisitions, Changes in Ownership Interest in Subsidiary and Deconsolidation	12 Months Ended
	Mar. 31, 2019
Acquisitions Changes In Ownership Interest In Subsidiary And Deconsolidation
Acquisition, Changes in Ownership Interest in Subsidiary and Deconsolidation	4 ACQUISITION, CHANGES IN OWNERSHIP INTEREST IN SUBSIDIARY AND DECONSOLIDATION Changes in ownership interest in a subsidiary As of March 31, 2019, EIML has 757,886 (2018: 1,624,035), stock option outstanding under the India IPO Plan. In the year ended March 31, 2019, 536,263 (2018: 1,113,160) options were exercised at a weighted average exercise price of INR 10 (2018: INR 32.19) per share. Further, Eros Worldwide FZ LLC has purchased 2,467,862 shares from open market by Eros Worldwide FZ LLC, for the total cash consideration of $2,892 resulting in to increase in its percentage holding by 2.37%. Deconsolidation During fiscal 2018, the Group had divested its 51 percent equity interest in Ayngaran Group to the non-controlling investee. The sale of the 51 percent equity interest in the majority-owned subsidiary resulted in a loss of control of the subsidiary, and therefore it was deconsolidated from the Company's financial statements during fiscal 2018. The Company recognized loss of $14,649 on the deconsolidation, measured as the fair value of the consideration received for the 51 percent equity interest in the former subsidiary and the fair value of the financial asset retained in the former subsidiary on deconsolidation. Of the above, loss of $457 resulted on account of recording the retained financial assets at fair value. The aforesaid loss was recorded within other gains/(losses), net in Statement of Income.

Business Segmental Data

Business Segmental Data	12 Months Ended
	Mar. 31, 2019
Business Segmental Data
Business Segmental Data	5 BUSINESS SEGMENTAL DATA The Group acquires, co-produces and distributes Indian films in multiple formats worldwide. Film content is monitored and strategic decisions around the business operations are made based on the film content, whether it is new release or library. Hence, Management identifies only one operating segment in the business, film content. We distribute our film content to the Indian population in India, the South Asian diaspora worldwide and to non-Indian consumers who view Indian films that are subtitled or dubbed in local languages. As a result of these distribution activities, Eros has identified four geographic markets: India, North America, Europe and the Rest of the world. Revenues are presented based on the region of domicile and by customer location: Year ended March 31 2019 2018 2017 (in thousands) Revenue by region of domicile of Group’s operation India $ 100,387 $ 98,073 $ 121,966 Europe 63,196 27,028 25,686 North America 1,759 1,244 2,549 Rest of the world 104,784 134,908 102,793 Total Revenue(*) $ 270,126 $ 261,253 $ 252,994 Revenue of $81,409 (2018: $103,263 and 2017: $74,006) from the United Arab Emirates is included within Rest of the world and revenue of $63,196 (2018: $27,028 and 2017: $25,686) from the United Kingdom and Isle of Man are included under Europe in the above table. Year ended March 31 2019 2018 2017 (in thousands) Revenue by region of domicile of customer’s location India $ 116,078 $ 109,986 $ 129,251 Europe 2,345 7,739 7,695 North America 5,682 5,147 10,132 Rest of the world 146,021 138,381 105,916 Total Revenue(*) $ 270,126 $ 261,253 $ 252,994 Revenue of $62,527 (2018: $67,993 and 2017: $62,966) from the United Arab Emirates is included within Rest of the world and revenue of $1,180 (2018: $5,200 and 2017: $5,791) from United Kingdom is included under Europe in the above table. For the year ended March 31, 2019, March 31, 2018 and March 31, 2017, no customers accounted for more than 10% of the Group’s total revenues. Year ended March 31 2019 2018 2017 (in thousands) Revenue by source(**) Theatrical $ 69,542 $ 79,069 $ 101,023 Satellite content licensing 77,453 97,168 88,013 Digital and other ancillary 123,131 85,016 63,958 Total Revenue(*) $ 270,126 $ 261,253 $ 252,994 (*) net of significant discounting component $34,467 (2018: $6,816 and 2017: Nil) (**) catalogue sales is apportioned in a specified ratio between theatrical, satellite content licensing and digital and other ancillary revenues. Segment assets by region of domicile of Group’s operation: Total India North Europe Rest of the (in thousands) Non-current assets(*) As of March 31, 2019 $ 722,043 $ 336,431 $ 4 $ 34,217 $ 351,391 As of March 31, 2018 $ 1,032,736 $ 354,843 $ 7 $ 18,678 $ 659,208 Segment assets of $295,685 (2018: $570,016) in the United Arab Emirates is included under Rest of the world and segment assets of $32,287 (2018: $18,678) and $1930 (2018: Nil) in the United Kingdom and IOM respectively is included under Europe in the above table. (*) non-current assets include property and equipment, intangibles assets (tradename, content and others) goodwill and restricted deposit by geographic area.

Nature of Expenses

Nature of Expenses	12 Months Ended
	Mar. 31, 2019
Nature Of Expenses
Nature of Expenses	6 NATURE OF EXPENSES (Loss)/Profit for the year is arrived at after the following are charged to the consolidate statements of income: Year ended March 31 2019 2018 2017 (in thousands) Publicity and advertisement costs $ 19,779 $ 12,684 $ 17,152 Film distribution costs 5,462 6,739 11,772 Amortization expenses 130,155 115,285 135,316 Personnel costs 37,015 35,661 42,902 Rent expenses 1,916 1,359 1,559 Legal and professional expenses 6,980 8,204 4,697 Provision for trade and other receivables — 1,968 2,430 Bad debt — 2,772 — Credit impairment loss, net 25,741 4,308 — Depreciation and amortization of other intangibles 2,263 2,991 2,898 Impairment charge on goodwill (Refer note 14) — 1,205 — Impairment loss on content advances — 353 1,625 Impairment loss on advances to content vendors 7,284 — 262 Other – expenses 5,935 9,208 6,936 $ 242,530 $ 202,737 $ 227,549

Personnel Costs

Personnel Costs	12 Months Ended
	Mar. 31, 2019
Personnel Costs Abstract
Personnel Costs	7 PERSONNEL COSTS Year ended March 31 2019 2018 2017 (in thousands) Salaries $ 14,591 $ 16,790 $ 18,590 Social security and other employment charges 831 916 792 Salaries and other charges 15,422 17,706 19,382 Share based compensation (Refer Note 28) 21,561 17,918 23,471 Pension charges 32 37 49 $ 37,015 $ 35,661 $ 42,902 Year ended March 31 Key management compensation 2019 2018 2017 (in thousands) Salaries $ 4,010 $ 4,919 $ 5,062 Share based compensation 13,859 11,519 15,946 Pension charges 21 16 38 $ 17,890 $ 16,454 $ 21,046

Net Finance Costs

Net Finance Costs	12 Months Ended
	Mar. 31, 2019
Net Finance Costs
Net Finance Costs	8 NET FINANCE COSTS Year ended March 31 2019 2018 2017 (in thousands) Interest on borrowings(*) $ 33,530 $ 32,556 $ 25,828 Reclassification of cash flow hedge to consolidated statements of income — 375 804 Total interest expense (*) 33,530 32,931 26,632 Capitalized interest on eligible film rights and content advances (9,437 ) (13,263 ) (7,111 ) Total finance costs 24,093 19,668 19,521 Less: Interest income Unwinding of interest (13,227 ) (932 ) — Bank deposits (3,192 ) (923 ) (2,365 ) Total finance income (16,419 ) (1,855 ) (2,365 ) $ 7,674 $ 17,813 $ 17,156 For the year ended March 31, 2019, the capitalization rate of interest was 10.21% (2018: 11.5% and 2017: 7.6%). (*)

Other (Gains)_Losses

Other (Gains)/Losses	12 Months Ended
	Mar. 31, 2019
Other Gainslosses
Other (Gains)/Losses	9 OTHER GAINS/(LOSSES) Year ended March 31 2019 2018 2017 (in thousands) Foreign exchange (loss)/gain, net $ 5,610 $ (6,250 ) $ 3,872 Gain/(loss) on sale of property and equipment (97 ) 2 (22 ) Gain on available-for-sale financial assets (Refer note 17) 37 — 58 Impairment charge on available -for- sale financial assets (Refer note 17) — (2,436 ) — (Loss) on de-recognition of financial assets measured at amortized cost net (*) (5,988 ) (3,562 ) — Mark to market gain/(loss) on derivative financial instrument measured at fair value through profit and loss account (Refer note 26) (902 ) — 10,297 (Loss) on settlement of derivative financial instruments — (586 ) — (Loss) on financial liability (convertible notes) measured at fair value through profit and loss account (Refer note 23) (21,398 ) (13,840 ) — (Loss) on deconsolidation of a subsidiary (Refer note 4) — (14,649 ) — Reversal of expected credit loss 20,698 — — Credit from Government of India 2,328 — — $ 288 $ (41,321 ) $ 14,205 (*)

Income Tax Expense

Income Tax Expense	12 Months Ended
	Mar. 31, 2019
Income Tax Expense
Income Tax Expense	10 INCOME TAX EXPENSE Year ended March 31 2019 2018 2017 (in thousands) Current income tax expense $ 17,372 $ 5,556 $ 7,822 Deferred income tax (benefit) / charge (10,044 ) 3,571 3,217 Income tax expenses $ 7,328 $ 9,127 $ 11,039 Reconciliation of tax charge Year ended March 31 2019 2018 2017 (in thousands) (Loss)/Profit before tax $ (403,125 ) $ (618 ) $ 22,494 Income tax expense at tax rates applicable to individual entities 6,814 7,358 10,003 Tax effect of: Adjustments in respect of current income tax of previous years (762 ) 657 375 Changes in tax rates on temporary differences brought forward 232 (168 ) — Items not deductible for income tax 688 486 815 Utilisation of unrecognised tax losses 356 794 — Others — — (154 ) Income tax expense $ 7,328 $ 9,127 $ 11,039

Deferred Income Tax Assets and

Deferred Income Tax Assets and Liabilities	12 Months Ended
	Mar. 31, 2019
Deferred Income Tax Assets And Liabilities
Deferred Income Tax Assets and Liabilities	11 DEFERRED INCOME TAX ASSETS AND LIABILITIES Changes in deferred income tax assets and liabilities As At March 31, 2019 Opening Impact of adoption of IFRS 9 Recognized Exchange Closing (in thousands) Deferred tax assets: Minimum alternate tax carry-forward $ 927 — $ (778 ) $ (61 ) $ 88 Property and equipment 83 — (2 ) (5 ) 76 Credit impairment loss — 673 4,385 (14 ) 5,044 Others 2,442 — 984 (116 ) 3,310 Total income deferred tax asset $ 3,452 673 $ 4,589 $ (196 ) $ 8,518 Deferred income tax liabilities: Property and equipment (776 ) — 142 10 (624 ) Intangible assets (41,815 ) — 5,313 2,473 (34,029 ) Others (29 ) — — — (29 ) Total deferred income tax liability $ (42,620 ) — $ 5,455 $ 2,483 $ (34,682 ) Net deferred tax (liability) $ (39,168 ) 673 $ 10,044 $ 2,287 $ (26,164 ) As at March 31, 2019 Deferred income tax asset $ 1,263 Deferred income tax liability $ (27,427 ) As At March 31, 2018 Opening Recognized Exchange Closing (in thousands) Deferred tax assets: Minimum alternate tax carry-forward $ 11,749 $ (10,882 ) $ 60 $ 927 Property and equipment 155 (72 ) — 83 Others 1,082 1,440 (80 ) 2,442 Total income deferred tax asset $ 12,986 $ (9,514 ) $ (20 ) $ 3,452 Deferred income tax liabilities Property and equipment (1,228 ) 452 — (776 ) Intangible assets (47,590 ) 5,491 284 (41,815 ) Others (29 ) — — (29 ) Total deferred income tax liability $ (48,847 ) $ 5,943 $ 284 $ (42,620 ) Net deferred tax (liability) $ (35,861 ) $ (3,571 ) $ 264 $ (39,168 ) As at March 31, 2018 Deferred income tax asset $ 351 Deferred income tax liability $ (39,519 ) As At March 31, 2017 Opening Recognized Exchange Closing (in thousands) Deferred tax assets: Minimum alternate tax carry-forward $ 14,170 $ (2,621 ) $ 200 $ 11,749 Property and equipment 57 95 3 155 Others 834 216 32 1,082 Total income deferred tax asset $ 15,061 $ (2,310 ) $ 235 $ 12,986 Deferred income tax liabilities: Property and equipment (1,247 ) 24 (5 ) (1,228 ) Intangible assets (45,714 ) (917 ) (959 ) (47,590 ) Others (14 ) (14 ) (1 ) (29 ) Total deferred income tax liability $ (46,975 ) $ (907 ) $ (965 ) $ (48,847 ) Net deferred tax (liability) / asset $ (31,914 ) $ (3,217 ) $ (730 ) $ (35,861 ) As at March 31, 2017 Deferred income tax asset $ 112 Deferred income tax liability $ (35,973 ) Deferred tax is calculated in full on all temporary differences under the liability method using the local tax rate of the country in which the timing difference occurs. Deferred tax assets have been recognised on the basis that there is reasonable certainty of profitability to utilize the available losses and tax credits. Deferred tax liabilities to the extent of $49,163 (2018: $43,962 and 2017: $40,432) have not been provided on the undistributed earnings of subsidiaries as Eros is able to control the timing of the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future. The excess tax paid under MAT provisions over and above normal tax liability can be carried forward and setoff against future tax liabilities computed under normal tax provisions. The Company was required to pay MAT in the past years and accordingly, a deferred tax asset of $88 (2018: $927 and 2017: $11,749) has been recognised in the balance sheet, which can be carried forward for a period of fifteen assessment years immediately succeeding the assessment year in which it becomes allowable. Except for Nil (2018: Nil, 2017: Nil) relating to tax on revaluation of freehold building, no amount has been recognised in other comprehensive income. No amounts relating to tax have been recognised directly in equity. Domestic tax is Nil as the Company is subject to Income tax in IOM at a rate of zero percent. Foreign taxes are based on applicable tax rates in each subsidiary jurisdiction.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Mar. 31, 2019
Earnings Per Share
Earnings Per Share (EPS)	12 EARNINGS PER SHARE (EPS) 2019 2018 2017 Basic Diluted Basic Diluted Basic Diluted (in thousands, except number of shares and earnings per share) (Loss)/earnings Earnings attributable to the equity holders of the parent $ (423,867 ) (423,867 ) $ (22,575 ) (22,575 ) $ 3,805 $ 3,805 Potential dilutive effect related to share based compensation scheme in subsidiary undertaking — (197 ) — (475 ) — (673 ) Adjusted earnings attributable to equity holders of the parent $ (423,867 ) (424,064 ) $ (22,575 ) (23,050 ) $ 3,805 $ 3,132 Number of shares Weighted average number of shares 70,706,579 70,706,579 62,151,155 62,151,155 59,410,292 59,410,292 Potential dilutive effect related to share based compensation scheme — 1,463,640 — 1,331,211 — 1,532,839 Adjusted weighted average number of shares 70,706,579 72,170,219 62,151,155 63,482,366 59,410,292 60,943,131 (Loss)/earnings per share (Loss)/earnings attributable to the equity holders of the parent per share (cents) (599.5 ) (599.5 ) (36.3 ) (36.3 ) 6.4 5.1 The above table does not split the earnings per share separately for the ‘A’ ordinary 30p shares and the ‘B’ ordinary 30p shares as there is no variation in their entitlement to participate in undistributed earnings. The Company excludes options with exercise prices that are greater than the average market price from the calculation of diluted EPS because their effect would be anti-dilutive. In the year ended March 31, 2019, 1,957,035 shares were not included in diluted earnings per share (2018: 1,025,000). Since there is loss for the fiscal year 2019, the potential equity shares resulting from dilutive options are not considered as dilutive and hence, the Diluted EPS is same as Basic EPS. Further, the Company have excluded convertible notes 7,567,962 shares because their effect was anti-dilutive (2018 : 12,399,780).

Property and Equipment

Property and Equipment	12 Months Ended
	Mar. 31, 2019
Property And Equipment
Property and Equipment	13 PROPERTY AND EQUIPMENT (EPS) As At March 31, 2019 Land Furniture, Vehicles Machinery Total (in thousands) Opening net carrying amount $ 8,481 $ 348 $ 698 $ 476 $ 10,003 Exchange difference (292 ) (12 ) (43 ) (12 ) (359 ) Revaluation 1,745 — — — 1,745 Additions 207 16 116 394 733 Reclassification and other adjustment (61 ) 2 — (59 ) Disposals (449 ) (56 ) — (65 ) (570 ) Adjustment of depreciation on disposal 367 39 — 61 467 Depreciation charge (497 ) (75 ) (224 ) (253 ) (1,049 ) Balance as at March 31, 2019 $ 9,562 $ 199 $ 549 $ 601 $ 10,911 Capital work-in-progress $ 10 Net carrying value as at March 31, 2019 $ 10,921 As At March 31, 2019 (in thousands) Cost or valuation $ 13,858 $ 1,759 $ 1,389 $ 4,318 $ 21,324 Accumulated depreciation (4,296 ) (1,560 ) (840 ) (3,717 ) (10,413 ) Net carrying amount $ 9,562 $ 199 $ 549 $ 601 $ 10,911 Capital work-in-progress $ 10 Net carrying value as at March 31, 2019 $ 10,921 As At March 31, 2018 Land Furniture, Vehicles Machinery Total (in thousands) Opening net carrying amount $ 8,791 $ 432 $ 504 $ 606 $ 10,333 Exchange difference (20 ) — (4 ) (2 ) (26 ) Additions 393 31 422 181 1,027 Disposals — (91 ) (468 ) (227 ) (786 ) Adjustment of depreciation on disposal — 79 420 221 720 Depreciation charge (683 ) (103 ) (176 ) (303 ) (1,265 ) Balance as at March 31, 2018 $ 8,481 $ 348 $ 698 $ 476 $ 10,003 Capital work-in-progress $ 10 Net carrying value as at March 31, 2018 $ 10,013 As At March 31, 2018 (in thousands) Cost or valuation $ 12,647 $ 1,872 $ 1,314 $ 4,001 $ 19,834 Accumulated depreciation (4,166 ) (1,524 ) (616 ) (3,525 ) (9,831 ) Net carrying amount $ 8,481 $ 348 $ 698 $ 476 $ 10,003 Capital work-in-progress $ 10 Net carrying value as at March 31, 2018 $ 10,013 Property and equipment with a net carrying amount of $6,685 (2018: $7,452) have been pledged to secure borrowings (Refer Note 23). Land and buildings were revalued as at March 31, 2019 by independent valuers on the basis of market value. Fair values were estimated based on recent market transactions, which were then adjusted for specific conditions relating to the land and buildings. As at March 31, 2019, had land and buildings of the Group been carried at historical cost less accumulated depreciation, their carrying amount would have been $4,983 (2018: $5,549). Capital work-in-progress of $10 (2018: $10) primarily related to Machinery cost in Company’s leased premises.

Goodwill and Trade Name

Goodwill and Trade Name	12 Months Ended
	Mar. 31, 2019
Goodwill And Trade Name
Goodwill and Trade Name	14 GOODWILL AND TRADE NAME Goodwill Trade (in thousands) Balance As At March 31, 2019 $ — $ — Balance As At March 31, 2018 $ 3,800 $ 14,000 Goodwill Amount in US$ Balance as at March 31, 2017 $ 4,992 Foreign currency translation 13 Impairment (Refer note 6) (1,205 ) Balance as at March 31, 2018 3,800 Foreign currency translation — Impairment (Refer note 2 (b)) (3,800 ) Balance as at March 31, 2019 $ — Goodwill and Traden ame has been assessed for impairment at the Group level as the Group is considered as one single cash generating unit and represents the lowest level at which the goodwill is monitored for internal management purposes. The recoverable amount of the cash generating unit has been determined based on value in use. Value in use has been determined based on future cash flows after considering current economic conditions and trends, estimated future operating results, growth rates and anticipated future economic conditions. As of March 31, 2019, for assessing impairment of goodwill and other non-current assets value in use is determined using discounted cash flow method. The estimated cash flows for a period of four years were developed using internal forecasts, extrapolated for the fifth year, and a pre-tax discount rate of 21% and terminal growth rate of 4%. Management believes that due to change in the key assumptions with respect to volume growth and discount rate has resulted into impairment of Goodwill and Trade name amounting to $3,800 and $14,000 respectively. Refer note 2(b) for details of key assumptions and sensitivity analysis.

Intangible Content Assets

Intangible Content Assets	12 Months Ended
	Mar. 31, 2019
Intangible Content Assets
Intangible Content Assets	15 INTANGIBLE CONTENT ASSETS Gross Accumulated Impairment Content As at March 31, 2019 Film and content rights $ 1,675,406 $ (954,628 ) $ (366,703 ) $ 354,075 Content advances 378,268 — (38,832 ) 339,436 Film productions 13,061 — — 13,061 Non-current content assets $ 2,066,735 $ (954,628 ) $ (405,535 ) $ 706,572 As at March 31, 2018 Film and content rights $ 1,493,099 (854,991 ) — $ 638,108 Content advances 349,568 — — 349,568 Film productions 10,867 — — 10,867 Non-current content assets $ 1,853,534 (854,991 ) — $ 998,543 As At ended March 31 2019 2018 (in thousands) Film productions Opening balance $ 10,867 $ 3,931 Additions 3,413 10,521 Exchange difference (775 ) (17 ) Transfer to film and content rights (444 ) (3,568 ) Closing balance $ 13,061 $ 10,867 Content advances Opening balance $ 349,568 $ 266,232 Additions (*)(#) 261,002 221,251 Reclassifications (**) (65 ) Exchange difference (12,314 ) (1,100 ) Impairment loss (Refer to Note 2 (b)) (38,832 ) (353 ) Transfer to film and content rights (219,923 ) (136,462 ) Closing balance $ 339,436 $ 349,568 Film and content rights Opening balance $ 638,108 $ 634,465 Amortization (130,155 ) (115,285 ) Exchange difference (7,542 ) (414 ) Impairment loss (Refer to Note 2 (b)) (366,703 ) — Deconsolidation — (20,688 ) Transfer from film productions and content advances 220,367 140,030 Closing balance $ 354,075 $ 638,108 Film and content rights with a carrying amount of $310,996 (2018: $321,474) have been pledged against secured borrowings (Refer Note 23). (#) (*) (**)

Intangible Assets - Other

Intangible Assets - Other	12 Months Ended
	Mar. 31, 2019
Intangible Assets - Other
Intangible Assets - Other	16 INTANGIBLE ASSETS- OTHER Other intangibles comprise of software and other intangibles used within the Group’s digital and home entertainment activities and internal accounting activities. The changes in other intangible assets are as follows: As At March 31, 2019 (in thousands) Information technology assets Other Total Opening net carrying amount as on March 31, 2018 $ 1,449 $ 3,831 $ 5,280 Exchange difference — (148 ) (148 ) Additions — 907 907 Disposal and reclassification 59 (1,090 ) (1,031 ) Amortization charge (304 ) (910 ) (1,214 ) Closing net carrying amount as on March 31, 2019 $ 1,204 $ 2,590 $ 3,794 As At March 31, 2019 (in thousands) Cost or valuation as on March 31, 2019 $ 5,114 $ 6,607 $ 11,721 Accumulated amortization (3,910 ) (4,017 ) (7,927 ) Net carrying amount as on March 31, 2019 $ 1,204 $ 2,590 $ 3,794 As At March 31, 2018 (in thousands) Information technology assets Other Total Opening net carrying amount as on March 31, 2017 $ 2,160 $ 2,200 $ 4,360 Exchange difference — (7 ) (7 ) Additions 205 2,450 2,655 Disposals — (2 ) (2 ) Amortization charge (916 ) (810 ) (1,726 ) Closing net carrying amount as on March 31, 2018 $ 1,449 $ 3,831 $ 5,280 As At March 31, 2018 (in thousands) Cost or valuation as on March 31, 2018 $ 5,055 $ 6,938 $ 11,993 Accumulated amortization (3,606 ) (3,107 ) (6,713 ) Net carrying amount as on March 31, 2018 $ 1,449 $ 3,831 $ 5,280 Other intangible assets with a carrying amount of $92 (2018: $143) have been pledged against secured borrowings (Refer Note 23).

Available-For-Sale Financial As

Available-For-Sale Financial Assets	12 Months Ended
	Mar. 31, 2019
Available-for-sale Financial Assets
Available-For-Sale Financial Assets	17 AVAILABLE-FOR-SALE FINANCIAL ASSETS As At March 31 2019 2018 (in thousands) Non – Current Investments Valuable Technologies Limited $ 2,000 $ 11,097 LMB Holdings Limited 650 16,000 Cloudstream Media Inc — 160 $ 2,650 $ 27,257 Current Investments Polyxo Global Limited $ 1,042 $ — $ 1,042 $ — $ 3,692 $ 27,257 The movement in the financial assets is as follows: Financial Assets at FVTPL Financial Assets at FVTOCI As at March 31, 2017 $ 29,613 $ — Additions 80 — Total gain or (losses): — — -profit and loss: (2,436 ) — Disposals — — As at March 31, 2018 27,257 — Reclassification (27,257 ) 27,257 Additions 1,005 80 Fair valuation gain / (loss) 37 (24,687 ) As at March 31, 2019 $ 1,042 $ 2,650 Eros acquired an interest in Valuable Technologies Limited (“Valuable”) in the year ended March 31, 2009. Valuable manages and operates a number of companies within media and entertainment, technology and infrastructure. These companies include “UFO Moviez”, the leading provider of Digital projection solutions for cinemas in India and “Impact” whose business is theatrical ticketing and sales data. As at March 31, 2019, Eros owns 7.2% of Valuable’s equity. As of March 31, 2018, management had held the investment at cost which equated to fair value recognized in the year ended March 2012. The recorded amount of investments were within the potential range of fair value as on March 31, 2018 estimated, using level 3 inputs and using guideline public companies method with revenue multiple. For the year ended March 31, 2019, management has used the latest available financial statements, which shows decrease in revenue and increase in losses compared to prior years. Accordingly the fair value has been computed using the Net Asset Value method. Management has used an estimate of 10% for the discount for lack of liquidity (DLOL). DLOL reflects the ease of investor's ability to liquidate its business interest. As per Eros’s stake of 7.2%, the estimated fair value (Non- Marketable and Non-Control Basis) is arrived at $2,000. Acacia Investments Holdings Limited (“Acacia”) is a dormant holding company and owns 12.97% of L.M.B Holdings Limited (“LMB”) which through its subsidiaries operates satellite television channels, such as “B4U Music”, “B4U Movies” and “The Movie House Channel”. As of March 31, 2019, and prior, the Group had no Board representation, no involvement in policy decision making, did not provide input in respect of technical know-how and had no material contract with LMB or its subsidiaries nor did they have the power to exert significant influence. Until the year ended March 31, 2018, due to the range of potential outcomes for the investment was estimated using level 3 inputs, using guideline public companies method with revenue multiple. Considering losses incurred by LMB, based on most recent available financial statements, impairment loss was calculated using difference between maximum value in the range of potential outcomes and the carrying value of the investment amounting $ 800 had been recorded in Statement of Income. The Management has concluded the sale of their stake in “LMB Holdings Limited” at $ 650 in the month of July 2019. The reduction in fair value is towards the significant decline in performance of LMB Group when compared to prior year/s. Thus the fair value as of March 31, 2019 is considered at $ 650. Investments in these unquoted equity instruments are not held for trading. Instead, they are held for medium or long-term strategic purpose.

Inventories

Inventories	12 Months Ended
	Mar. 31, 2019
Inventories - Schedule Of Inventories
Inventories	18 INVENTORIES As At March 31 2019 2018 (in thousands) Goods for resale $ 435 $ 353 $ 435 $ 353 During the year ended March 31, 2019, inventory of $ 93 (2018: $290 and 2017: $350) was recognized in the consolidated statements of income as an expense. In addition to the year the company has charged $69 (2018 : Nil) as expense in statement of income as a result of the write down of inventories. Inventories with a carrying amount of $435 (2018: $340) have been pledged as security for certain of the Group’s borrowings (Refer note 23).

Trade and Other Receivables

Trade and Other Receivables	12 Months Ended
	Mar. 31, 2019
Trade And Other Receivables
Trade and Other Receivables	19 TRADE AND OTHER RECEIVABLES As at March 31, March 31, Trade accounts receivables at fair value (*) Trade accounts receivables $ 156,026 — Credit impairment (loss) (26,133 ) — Fair Value gain/(loss) (4,664 ) — Trade accounts receivables net 125,229 — Trade accounts receivables at amortised cost Trade accounts receivables $ 86,331 $ 235,191 Credit impairment (loss) (15,202 ) (10,193 ) Trade accounts receivables net 71,129 224,998 Total Trade accounts receivables $ 196,358 $ 224,998 Balance with statutory authorities 7,672 5,759 Accrued interest 2,188 843 Advance to content vendor 3,462 10,761 Derivative asset — 282 Prepaid charges 1,790 2,700 Unbilled revenues 1,717 5,592 Other receivables 2,023 3,288 Trade and other receivables $ 215,210 $ 254,223 Current 205,145 245,079 Non-current 10,065 9,144 $ 215,210 $ 254,223 (*) The age of account receivables net of credit of credit impairment loss are past due but not impaired were as follows: As at March 31, March 31, Not more than three months $ 44,687 $ 40,249 More than three months but not more than six months 15,948 21,102 More than six months but not more than one year 15,310 15,813 More than one year 8,796 37,752 $ 84,741 $ 114,916 Trade and other receivables with a net carrying amount of $83,991 (2018: $92,728) have been pledged against secured borrowings (Refer Note 23). The movement in the allowances for expected credit losses is as follows: Year ended March 31, 2019 Trade Other Total Balance at the beginning of the period $ 10,193 $ — $ 10,193 Impact of adoption of IFRS 9 18,050 447 18,497 Balance as on April 1, 2018 28,243 447 28,690 Charged to operations** 60,208 7,284 67,492 Unwinding of expected credit loss (included in finance income)*** (13,227 ) — (13,227 ) Reversal of expected credit loss (included in other gains/(losses)) (20,698 ) — (20,698 ) Translation adjustment (160 ) — (160 ) Bad debts (13,031 ) (7,284 ) (20,315 ) Balance at the end of the period $ 41,335 $ 447 $ 41,782 **of the above, the incremental impact on account of adoption of IFRS 15 and IFRS 9 is $24,273 and $10,673 respectively, in addition to $10,194 and $22,352 reported under earlier adopted standards i.e. IAS 18 and IAS 39 respectively. *** of the above, the incremental impact on account of adoption of IFRS 9 is $2,209, in addition to $11,018 reported under earlier adopted standard i.e. IAS 39. The movement in the allowances for expected credit losses is as follows: Year ended March 31, 2018 Trade Other Total Balance at the beginning of the period $ 163 $ — $ 163 Charged to operations 13,734 — 13,734 Unwinding of expected credit loss (included in finance income) (932 ) — (932 ) Bad debts (2,772 ) — (2,772 ) Balance at the end of the period $ 10,193 $ — $ 10,193

Trade and Other Payables

Trade and Other Payables	12 Months Ended
	Mar. 31, 2019
Trade And Other Payables
Trade and Other Payables	20 TRADE AND OTHER PAYABLES As At March 31 2019 2018 (in thousands) Trade accounts payable $ 25,299 $ 16,886 Accruals and other payables (includes creditors for content assets of $16,139 (2018: $19,809)) 32,888 31,955 Contract liability (deferred revenue) 12,260 10,642 Accrued interest 2,395 2,546 Value added taxes and other taxes payable 10,645 10,113 $ 83,487 $ 72,142

Cash and Cash Equivalents

Cash and Cash Equivalents	12 Months Ended
	Mar. 31, 2019
Cash And Cash Equivalents
Cash and Cash Equivalents	21 CASH AND CASH EQUIVALENTS Cash and cash equivalents consist of cash on hand and balance with banks (including balances in current account and demand deposits). Cash and cash equivalents included in the statements of cash flows comprise the following amounts in the statement of financial position. As At March 31 2019 2018 (in thousands) Cash at bank and in hand $ 89,117 $ 87,762 $ 89,117 $ 87,762

Operating Leases

Operating Leases	12 Months Ended
	Mar. 31, 2019
Operating Leases
Operating Leases	22 OPERATING LEASES The Group has leased various offices under non-cancellable operating lease agreements. The minimum lease rentals to be paid under non-cancellable operating leases are as follows: As At March 31 2019 2018 (in thousands) Within one year $ 401 $ 149 Within two to five years 865 267 $ 1,266 $ 416

Borrowings

Borrowings	12 Months Ended
	Mar. 31, 2019
Borrowings Disclosure Abstract
Borrowings	23 BORROWINGS An analysis of long-term borrowings is shown in the table below. Nominal As At March 31 Interest Rate Maturity 2019 2018 (in thousands) Asset backed borrowings Vehicle loan 2.5 - 9.5% 2017-22 $ 382 $ 560 Term loan MCLR +3.2% - 4.50% 2019-22 12,947 22,430 Term loan BR + 2.75% 2020-21 1,083 1,766 Term loan 10.39% - 13.75% 2020-23 251 9,580 $ 14,663 34,336 Unsecured borrowings Retail bond 6.50% 2021-22 65,215 70,055 Convertible notes (1) 14.23% 2020-21 68,349 86,010 $ 133,564 $ 156,065 Cumulative effect of unamortised costs (691 ) (1,210 ) Installments due within one year: Convertible notes (68,349 ) (53,500 ) Others (7,267 ) (10,708 ) $ 71,920 $ 124,983 Long-term borrowings at fair value — $ 32,510 Long-term borrowings at amortised cost $ 71,920 $ 92,473 Bank prime lending rate and marginal cost lending rate (“BPLR” & “MCLR”) is the Indian equivalent to LIBOR. Asset backed borrowings are secured by fixed and floating charges over certain Group assets. Analysis of short-term borrowings Nominal As at March 31 interest rate (%) 2019 2018 (in thousands) Asset backed borrowings Export credit, bill discounting and overdraft MCLR +.40% to 4.60% $ 32,078 $ 36,760 Export credit, bill discounting and overdraft Base Rate + 0.5% to 1% 3,533 4,021 Export credit, bill discounting and overdraft 6.01% - 15.25% 26,719 23,963 Short term loan (2 &3) 3.25% - 15.75% 70,962 23,011 $ 133,292 $ 87,755 Unsecured borrowings Installments due within one year on long-term borrowings 75,616 64,208 $ 208,908 $ 151,963 Short-term borrowings at fair value 68,349 53,500 Short-term borrowings at amortized cost 140,559 98,463 (1) Eros International Plc. (“issuer”) issued Senior Convertible Notes (SCN or convertible notes) on December 06, 2017 amounting to $122,500 principal amount and option to purchase warrants up to 2,000 of A ordinary share for a term of 6 months at an offer price of $100,000 by private placement. The notes are payable in equal instalments of $3,500 per month for 35 months starting December 31, 2017. The instalments can be paid either in cash or can be converted into A ordinary equity shares of the issuer at the option of the issuer as per the terms of the arrangement. The holder of the notes can defer the payment of the amount due on any instalment dates to another instalment date as well as has the right to accelerate the payment on the notes as per the terms of the agreement The Company has classified the instrument as a financial liability at fair value through profit or loss. The Company has used the Black – Scholes option pricing model to value the share warrants exercisable within six months and the Monte-Carlo simulation model to obtain the fair value of the convertible notes. The initial fair value of the financial liability recognized on the date of issue was $100,055. Fair value of the financial liability outstanding as at the date of reporting is $68,349 (2018: $86,010) The mark-to-market loss and interest expenses for the year ended March 31, 2019 amounting $21,398 (2018: $13,840) and $10,682 (2018: $4,338) have been recognized within other gain/(losses) and net finance cost, respectively, net in the Statement of Income. The option to purchase warrants has expired in June 2018. 2. Secured by pledge of shares held in the Group’s majority owned subsidiary, Eros International Media Limited, India. 3. The Company has placed time deposits of $56,614 (2018: $7,468) against above several short -term borrowings which has been disclosed as restricted deposits. 4. For the twelve months ended March 31, 2019 capitalization rate of interest was 10.21% (2018: 11.5%) Fair value of the long-term borrowings as at March 31, 2019 is $140,968 (2018: $172,788). Fair values of long-term financial liabilities except retail bonds and convertibles notes have been determined by calculating their present values at the reporting date, using fixed effective market interest rates available to the Companies within the Group. As at March 31, 2019, the fair value of retail bond amounting to $59,313 (2018: $58,218) has been determined using quoted prices from the London Stock Exchange and the fair value of senior convertible notes has been determined at $68,349 (2018: $86,010) by an independent valuation expert using Monte-Carlo simulation model. Carrying amount of short-term borrowings are considered a reasonable approximation of fair value.

Acceptances

Acceptances	12 Months Ended
	Mar. 31, 2019
Acceptances - Schedule Of Other Financial Liabilities
Acceptances	24 ACCEPTANCES As At March 31 2019 2018 (in thousands) Payable under the film financing arrangements $ 8,366 $ 8,898 $ 8,366 $ 8,898 Acceptances comprise of short-term credit availed from financial institutions for payment to film producers for film co-production arrangement entered by the group. The carrying value of acceptances are considered a reasonable approximation of fair value.

Other Long-Term Liabilities

Other Long-Term Liabilities	12 Months Ended
	Mar. 31, 2019
Other Long-term Liabilities
Other Long-Term Liabilities	25 OTHER LONG – TERM LIABILITIES As At March 31 2019 2018 (in thousands) Contract liability (deferred revenue) (*) $ 13,271 $ 2,326 Employee benefit obligation 627 747 $ 13,898 $ 3,073 (*)

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Mar. 31, 2019
Derivative Financial Instruments
Derivative Financial Instruments	26 DERIVATIVE FINANCIAL INSTRUMENTS As At March 31 2019 2018 (in thousands) Non-Current Derivative liabilities – Held for trading Interest rate cap $ 620 $ — $ 620 $ — The above interest rate derivative instruments are not designated in a hedging relationship. They are carried at fair value through profit or loss. (Refer Note 9).

Issued Share Capital

Issued Share Capital	12 Months Ended
	Mar. 31, 2019
Issued Share Capital
Issued Share Capital	27 ISSUED SHARE CAPITAL Number of GBP Authorized (in thousands) Ordinary shares of 30p each at March 31, 2018 100,000,000 30,000 Ordinary shares of 30p each at March 31, 2019 (*) 150,000,000 45,000 (*) Number of Shares USD Allotted, called up and fully paid A Ordinary (*) B Ordinary (*) (in thousands) As at March 31, 2017 41,312,202 19,379,382 $ 31,877 Issue of shares in the quarter ended June 30, 2017 12,000 — 5 Issue of shares in the quarter ended September 30, 2017 288,291 — 114 Issue of shares in the quarter ended December 31, 2017 1,681,520 — 657 Transfer of B Ordinary to A Ordinary share 9,666,667 (9,666,667 ) — Issue of shares in the quarter ended Mar 31, 2018 2,757,743 2,681 As at March 31, 2018 55,718,423 9,712,715 $ 35,334 Issue of shares in the quarter ended June 30, 2018 2,747,645 — 1,138 Issue of shares in the quarter ended September 30, 2018 3,773,385 — 1,471 Issue of shares in the quarter ended December 31, 2018 1,659,767 — 641 Transfer of B Ordinary to A Ordinary share 1,500,000 (1,500,000 ) — Issue of shares in the quarter ended March 31, 2019 1,892,518 — 742 As at March 31, 2019 67,291,738 8,212,715 $ 39,326 (*) On May 11, 2017, the Company entered into an exit agreement with an employee pursuant to which the Board approved a grant of 12,000 ‘A’ ordinary share awards with Nil exercise price and a fair market value of $10.8 per share. The Shares were issued in May 2017. In May 2017, the Company entered into an exit agreement with an employee pursuant to which the Board approved a grant of 90,000 ‘A’ ordinary share awards with Nil exercise price and a fair market value of $10 per share. These shares were issued in July and August 2017. Between the months of May to December 2017, permitted Class B shares aggregating to 9,666,667 were converted into Class A shares. This was effected through the cancellation of 9,666,667 Class B shares and subsequent issuance of the equivalent amount of Class A shares. In June 2015, 300,000 ‘A’ ordinary shares awards with a nominal price were granted to the Group CFO with a fair market value of $21.34 per share. Subject to continued employment, these awards with nominal value exercise price vest annually in three tranches beginning June 9, 2016. Out of which, 200,000 shares were issued in September 2017. On September 24, 2014, the Board approved a grant of 116,730 ‘A’ ordinary share awards to certain employees. These awards, granted to the employees on October 21, 2014 with Nil exercise price, subject to continued employment, vest annually in three equal tranches from the date of grant. Fair value of each award was $17.07. In October, November 2017 and January 2018, a total of 26,550 shares were issued by the Company. On October 6, 2017, 25,000 ‘A’ ordinary shares were issued to a consultant with nominal exercise price and a fair value of $14.3 per share. On October 24, 2017, 148,895 ‘A’ ordinary shares were issued to employee as a settlement compensation with Nil exercise price and a fair value of $12.2 per share. In November 2017 and March 2018, a total of 10,208 ‘A’ ordinary shares were exercised by an employee. On June 28, 2016, the Board of Directors approved a grant of 197,820 share awards to certain employees with a fair value of $14.68 per share. Subject to continued employment, these awards with Nil exercise price vest over a period of two and half years with first tranche vesting on November 11, 2016. In November 2017, December 2017 and January 2018, 54,846 shares were issued by the Company. On November 22, 2017, the Board of Directors approved to offset loan and advances of Founder Group to the Company by approving the issuance of 1,421,520 ‘A’ ordinary shares with a fair value of $11.6 per share which were issued in November 2017 in accordance with the resolution. On February 17, 2017, the Board of Directors approved, 50,000 ‘A’ ordinary share awards to an employee with a fair market value of $12.5 per share. Subject to continued employment, these awards with Nil exercise price, vest over a period of three years. In February 2018, 16,667 shares were vested and issued. On November 22, 2017, 243,300 ‘A’ ordinary share awards to certain employees with Nil exercise price, subject to continued employment, first vest immediately and remaining two tranches vest annually from the date of grant. Fair value of each award was $13.25. In February 2018, 9,200 shares were vested and issued. On June 28, 2016 620,000, ‘A’ ordinary share awards to certain executive directors with a fair value of $14.68 per share. Subject to continued employment these awards with Nil exercise price, vest over a period of three years. In March 2018, 100,000 shares were vested and issued to the executive directors. Between January and March 2018, 2,624,668 ‘A’ ordinary shares were issued against repayment towards monthly instalment of convertible notes. Between January and March 2018, the Company received share application money $18,000 from the Founder Group for the shares to be issued. Subsequently, on April 13, 2018, 1,225,323 shares were issued. In July 2018, the Company received share application money $8,000 from the Founder Group for the shares to be issued. Subsequently, on July 27, 2018, 544,588 shares were issued. On August 7, 2018, 3,111,088 ‘A’ ordinary shares were issued to Reliance Industries Ltd for the purchase of shares from the company at a price of $15 per share. In June 2015, 300,000 ‘A’ ordinary shares awards with a nominal price were granted to the Group CFO with a fair market value of $21.34 per share. Subject to continued employment, these awards with nominal value exercise price vest annually in three tranches beginning June 9, 2016. Out of which, 200,000 shares were issued in September 2017 and 100,000 shares were vested and issued on July13, 2018. In May 2018 and October 2018, a total of 10,416 ‘A’ ordinary shares were exercised by the employees. In Fiscal 2019, a total of 340,562 ‘A’ ordinary restricted share unit awards were vested and issued to the employees. On June 28, 2016 620,000, ‘A’ ordinary share awards to certain executive directors with a fair value of $14.68 per share. Subject to continued employment these awards with Nil exercise price, vest over a period of three years. In March 2018, 100,000 shares were vested and issued to the executive directors and on December 17, 2018 further 100,000 shares were vested and issued to the executive directors. On November 22, 2017 680,000, ‘A’ ordinary share awards to certain executive directors. Subject to continued employment these awards with Nil exercise price, vest over a period of three years. On December 17, 2018, 120,000 shares were vested and issued to the executive directors. On January 7, 2019, permitted Class B shares aggregating to 1,500,000 were converted into Class A shares. This was effected through the cancellation of 1,500,000 Class B shares and subsequent issuance of the equivalent amount of Class A shares. During fiscal 2019, the Company entered into an exit agreement with the employees for grant of 26,979 ‘A’ ordinary share awards with Nil exercise price and 23,000 A’ ordinary share awards with nominal exercise price. On January 15, 2019, 60,000 ‘A’ ordinary shares were issued to a consultant with nominal exercise price and a fair value of $9.26 per share. Between April 2018 and March 2019, 4,411,359 ‘A’ ordinary shares were issued against repayment towards monthly instalment of convertible notes. Between April 2019 and June 2019, 3,975,791 ‘A’ ordinary shares were issued against repayment towards monthly instalment of convertible notes. The Company issued A Ordinary shares as follows: Number of Shares March 31, 2019 2018 Issuance to Founders Group (**) 1,769,911 1,421,520 Issuance towards settlement of Convertible notes 4,411,359 2,624,668 Exercise against Restricted Share Unit/ Management scheme (*****) 770,541 683,158 Issuance towards Reliance Industries Limited (***) 3,111,088 — 2015 Share Plan (****) 10,416 10,208 Total 10,073,315 4,739,554 (*) (**) (***) (****) (*****)

Share Based Compensation Plans

Share Based Compensation Plans	12 Months Ended
	Mar. 31, 2019
Share Based Compensation Plans
Share Based Compensation Plans	28 SHARE BASED COMPENSATION PLANS The compensation cost recognized with respect to all outstanding plans and by grant of shares, which are all equity settled instruments, is as follows: Year ended March 31 2019 2018 2017 (in thousands) IPO India Plan $ 1,198 $ 1,572 $ 2,140 JSOP Plan — 615 3,622 Option award scheme 2012 — 197 699 2014 Share Plan 47 (22 ) 1,427 2015 Share Plan (*) 3,059 100 328 Other share option awards (**) 5,346 7,283 4,405 Management scheme (staff share grant) (***) 11,911 8,173 10,850 $ 21,561 $ 17,918 $ 23,471 (*) (**) (***) Joint Stock Ownership Plan (JSOP) In April 2012, the Company established a controlled trust called the Eros International Plc Employee Benefit Trust (“JSOP Trust”). The JSOP Trust purchased 2,000,164 shares of the Company out of funds borrowed from the Company and repayable on demand. The Company’s Board, Nomination and Remuneration Committee recommends to the JSOP Trust certain employees, officers and key management personnel, to whom the JSOP Trust will be required to grant shares from its holdings at nominal price. Such shares are then held by the JSOP Trust and the scheme is referred to as the “JSOP Plan.” The shares held by the JSOP Trust are reported as a reduction in stockholders’ equity and termed as ‘JSOP reserves’. The movement in the shares held by the JSOP Trust is given below: Year ended March 31 2019 2018 2017 Shares held at the beginning of the year 1,146,955 1,146,955 1,239,497 Shares granted — — — Shares exercised — — (92,542 ) Shares forfeiture/lapsed (762,093 ) — — Shares held at the end of the year 384,862 1,146,955 1,146,955 Unallocated shares held by trust 868,794 106,701 106,701 1,253,656 1,253,656 1,253,656 Employee Stock Option Plans A summary of the general terms of the grants under stock option plans and stock awards are as follows: Range of IPO India Plan INR10 – 150 JSOP Plan $ 11.00 2014 Share Plan $16.25– 18.30 2015 Share Plan $10.2– 33.12 Other share option plans $ 16.00 Restricted Share Unit (RSU) — Management Share Award — Employees covered under the stock option plans are granted an option to purchase shares of the Company at the respective exercise prices, subject to fulfilment of vesting conditions (generally service conditions). These options generally vest in tranches over a period of one to five years from the date of grant. Upon vesting, the employees can acquire one share for every option. The maximum contractual term for these stock option plans ranges between two to ten years. The activity in these employee stock option plans is summarized below: Year ended March 31 2019 2018 2017 Name of Plan Number of shares Weighted average exercise price Number of shares Weighted average exercise price Number of shares Weighted average exercise price Outstanding at the beginning of the year IPO India Plan 1,624,035 INR 28.85 2,108,063 INR 34.96 2,196,215 INR 35.17 Granted — — 863,320 10.00 269,381 10.00 Exercised (536,263) 10.00 (1,113,160 ) 32.19 (269,553 ) 10.00 Forfeited and lapsed (329,886) 51.66 (234,188 ) 10.00 (87,980 ) 10.00 Outstanding at the end of the year 757,886 32.17 1,624,035 28.85 2,108,063 34.96 Exercisable at the end of the year 289,002 INR 68.13 501,122 INR 65.14 911,854 INR 63.75 Outstanding at the beginning of the year IPO Plan June 2006 — — — — 62,438 GBP 5.28 Granted — — — — — — Exercised — — — — (62,438) 5.28 Forfeited and lapsed — — — — —- Outstanding at the end of the year — — — — — — Exercisable at the end of the year — — — — — GBP — Outstanding at the beginning of the year JSOP Plan 1,146,955 $ 16.22 1,146,955 $ 16.22 1,239,497 $ 14.98 Granted — — — — — — Exercised — — — — (92,542 ) 11 Forfeited and lapsed (762,093) 18.86 — — — — Outstanding at the end of the year 384,862 $ 11.00 1,146,955 $ 16.22 1,146,955 $ 16.22 Exercisable at the end of the year 384,862 $ 11.00 728,736 $ 11.00 728,736 $ 11.00 Outstanding at the beginning of the year Option award scheme 2012 674,045 $ 11.00 674,045 $ 11.00 674,045 $ 11.00 Granted — — — — — — Exercised — — — — — — Forfeited and lapsed (674,045) 11.00 — — — — Outstanding at the end of the year — — 674,045 11.00 674,045 11.00 Exercisable at the end of the year — — 674,045 $ 11.00 449,363 $ 11.00 Outstanding at the beginning of the year 2014 Share Plan 399,999 $ 17.79 723,749 $ 18.06 773,749 $ 17.86 Granted — — — — — — Exercised — — — — — — Forfeited and lapsed — — (323,750 ) 18.39 (50,000 ) 14.97 Outstanding at the end of the year 399,999 17.79 399,999 17.79 723,749 18.06 Exercisable at the end of the year 399,999 $ 17.79 289,583 $ 17.67 288,333 $ 17.80 Outstanding at the beginning of the year 2015 Share Plan 211,250 $ 16.21 233,750 $ 16.23 282,500 $ 16.68 Granted 1,305,399 14.86 — — — — Exercised (10,416 ) 7.92 (10,208 ) 8.71 (8,750 ) 8.84 Forfeited and lapsed (215,834 ) 18.23 (12,292 ) 14.64 (40,000 ) 18.68 Outstanding at the end of the year 1,290,399 14.68 211,250 16.21 233,750 16.23 Exercisable at the end of the year 981,545 $ 14.66 181,354 $ 17.36 127,604 $ 17.46 Outstanding at the beginning of the year Other share option plans 500,000 $ 18.88 500,000 $ 18.88 1,000,000 18.44 Granted — — — — — — Exercised — — — — — — Forfeited and lapsed — — — — (500,000 ) 18 Outstanding at the end of the year 500,000 16.00 500,000 18.88 500,000 18.88 Exercisable at the end of the year 400,000 $ 16.00 300,000 $ 18.88 200,000 $ 18.88 Outstanding at the beginning of the year RSU 837,590 — 182,725 — 72,480 — Granted 211,567 — 1,044,290 — 216,735 — Exercised (450,541 ) — (366,491 ) — (95,990 ) — Forfeited and lapsed (93,225 ) — (22,934 ) — (10,500 ) — Outstanding at the end of the year 505,391 — 837,590 — 182,725 — Exercisable at the end of the year 32,013 — 119,150 — 12,445 — Outstanding at the beginning of the year Management Scheme 1,513,333 — 1,130,000 — 910,000 — Granted 1,400,000 — 700,000 — 670,000 — Exercised (320,000) — (316,667 ) — (450,000 ) — Forfeited and lapsed — — — — — — Outstanding at the end of the year 2,593,333 — 1,513,333 — 1,130,000 — Exercisable at the end of the year 516,667 — 173,333 — 180,000 — The following table summarizes information about outstanding stock options: Year ended March 31 2019 2018 2017 Name of Plan Weighted Weighted Weighted Weighted Weighted Weighted IPO India Plan 7.70 INR* 32.17 8.11 INR* 35.0 7.68 INR* 35.0 JSOP Plan 3.05 $ 11.00 3.93 $ 16.19 4.93 $ 16.19 Option award scheme 2012 — $ — 3.75 $ 11.00 4.83 $ 11.00 2014 Share Plan 2.25 $ 17.79 5.96 $ 17.79 7.11 $ 18.06 2015 Share Plan 6.01 $ 14.68 6.06 $ 16.21 6.08 $ 16.23 Other share option plans 1.87 $ 16.00 2.87 $ 18.88 3.87 $ 18.88 Management Scheme 6.00 $ — 5.56 $ — 5.59 $ — Restricted Stock Unit 6.00 $ — 5.60 $ — 5.63 $ — *INR – Indian Rupees 2015 Share Plan The following table summarizes information about inputs to the fair valuation model for options granted during the year: Inputs Expected volatility (1) 50% Option life (Years) 6.1 – 6.6 Dividend yield 0% Risk free rate 2.5% - 2.9% Range of fair value of the granted options at the grant date (2) $0.3 – 4.4 (1) The expected volatility of all other options is based on the historic share price volatility of the Company over time periods comparable to the time from the grant date to the maturity dates of the options. (2) Fair value of options granted under all other schemes is measured using a Black Scholes model.

Joint Stock Ownership Plan Rese

Joint Stock Ownership Plan Reserve (JSOP Reserve)	12 Months Ended
	Mar. 31, 2019
Joint Stock Ownership Plan Reserve
Joint Stock Ownership Plan Reserve (JSOP Reserve)	29 JOINT STOCK OWNERSHIP PLAN RESERVE (JSOP Reserve) (in thousands) Balance at April 1, 2017 $ (15,985 ) Issue out of treasury shares — Balance at April 1, 2018 $ (15,985 ) Issue out of treasury shares — Balance at March 31, 2019 $ (15,985 ) The JSOP Reserve represents the cost of shares issued by Eros International Plc and held by the JSOP Trust to satisfy the requirements of the JSOP Plan (Refer Note 28). On June 5, 2014, the Board approved discretionary vesting of 20% of the applicable JSOP shares. In the current year 868,794 (2018: 106,701) ‘A’ ordinary shares held by the JSOP Trust were eligible to be issued to employees. The number of shares held by the JSOP Trust at March 31, 2019 was 1,253,656 ‘A’ Ordinary shares (2018: 1,253,656 ‘A’ Ordinary shares).

Other Components of Equity

Other Components of Equity	12 Months Ended
	Mar. 31, 2019
Other Components Of Equity
Other Components of Equity	30 OTHER COMPONENTS OF EQUITY As at March 31 2019 2018 2017 Movement in Hedging reserve: Opening balance $ — $ (375 ) $ (1,179 ) Reclassified to consolidated statements of income — 375 804 Closing balance $ — $ — $ (375 ) Movement in revaluation reserve: Opening balance $ 1,835 $ 1,829 $ 1,856 Net gain recognised on revaluation of property and equipment 1,019 — — Impact of translation difference 78 6 (27 ) Closing balance $ 2,932 $ 1,835 $ 1,829 Movement in available for sale fair value reserve: Opening balance $ 6,238 $ 6,238 $ 6,622 Impairment loss on available-for-sale financial assets (24,687 ) — (384 ) Closing balance $ (18,449 ) $ 6,238 $ 6,238 Movement in Foreign currency translation reserves Opening balance $ (56,722 ) $ (55,810 ) $ (60,609 ) Adoption of IFRS 9 (net of tax) Refer Note 39(i) (34 ) — — Other comprehensive loss due to translation of foreign operations (*) (7,423 ) (912 ) 4,799 Closing balance $ (64,179 ) $ (56,722 ) $ (55,810 ) Total other components of equity $ (79,696 ) $ (48,649 ) $ (48,118 ) (*) includes movement in foreign currency translation reserves arising on account of deconsolidation $Nil (2018: 502, 2017: Nil) of financial asset.

Significant Non-Cash Expenses

Significant Non-Cash Expenses	12 Months Ended
	Mar. 31, 2019
Significant Non-cash Expenses
Significant Non-Cash Expenses	31 SIGNIFICANT NON-CASH EXPENSES Significant non-cash expenses, except loss on sale of assets, share based compensation, depreciation and amortization were as follows: As at March 31 2019 2018 2017 (in thousands) Unrealized foreign exchange loss / (gain) $ (3,329 ) $ 5,466 $ (3,838 ) Credit impairment loss, net 26,283 3,376 — Impairment charge on available-for-sale financial assets — 2,436 — Net losses on de-recognition of financial assets measured at amortized cost, net 5,988 3,562 — Mark to market gain on derivative financial instrument measured at fair value through profit and loss 902 — (10,297 ) Loss on settlement of derivative financial instruments — 586 — Loss on financial liability (convertible notes) measures at fair value through profit and loss 21,398 13,840 — Loss on deconsolidation of a subsidiary — 14,649 — Provisions for trade and other receivables — 4,740 2,430 Provision no longer required, written-back (120 ) (124 ) (798 ) Impairment loss on advances content vendors 7,284 353 1,887 Impairment loss 423,335 1,205 — Others 32 30 — $ 481,773 $ 50,119 $ (10,616 )

Financial Instruments and Risk

Financial Instruments and Risk Management	12 Months Ended
	Mar. 31, 2019
Financial Instruments And Risk Management
Financial Instruments and Risk Management	32 FINANCIAL INSTRUMENTS AND RISK MANAGEMENT The Group has established objectives concerning the holding and use of financial instruments. The underlying basis of these objectives is to manage the financial risks faced by the Group. Formal policies and guidelines have been set to achieve these objectives. The Group does not enter into speculative arrangements or trade in financial instruments and it is the Group’s policy not to enter into complex financial instruments unless there are specific identified risks for which such instruments help mitigate uncertainties. Management of Capital Risk and Financial Risk The Group manages its capital to ensure that entities in the Group will be able to continue as a going concern while maximizing the return to shareholders through the optimization of the debt and equity balance. The capital structure of the Group consists of debt, which includes the cash and cash equivalents, borrowings and equity attributable to equity holders of Eros, comprising issued capital, reserves and retained earnings as disclosed in Notes 21, 23 and 27 and the consolidated statement of changes in equity. The gearing ratio at the end of the reporting period was as follows: As at March 31 2019 2018 (in thousands) Debt (net of debt issuance cost of $691 (2018: $1,210)) $ 280,828 $ 276,946 Cash and cash equivalents(*) 135,783 87,762 Net debt 145,045 189,184 Equity 656,985 1,003,417 Net debt to equity ratio 22.1% 18.9% (*) includes $46,666 (2018: Nil) of restricted deposits. Debt is defined as long and short-term borrowings (excluding derivatives). Equity includes all capital and reserves of the Group that are managed as capital. Categories of financial instruments 2019 2018 (in thousands) Financial assets Available-for-sale investments $ 3,692 $ 27,257 Other financial assets (1) 351,479 340,994 $ 355,171 $ 368,251 Financial liabilities at amortized cost Trade payables and acceptances excluding value added tax and other tax payables $ 81,208 $ 70,927 Borrowings 212,479 190,936 Financial Liabilities at fair value through profit or loss Derivatives at fair value through profit or loss - held for trading 620 — Senior convertible Notes at fair value through profit or loss 68,349 86,010 $ 362,656 $ 347,873 (1) Other financial assets include loans and receivables, excluding prepaid charges and statutory receivables, and includes cash and cash equivalents and restricted deposits held with banks. Financial risk management objectives Based on the operations of the Group throughout the world, Management considers that the key financial risks that it faces are credit risk, currency risk, liquidity risk and interest rate risk. The objectives under each of these risks are as follows: · credit risk: minimize the risk of default and concentration. · currency risk: reduce exposure to foreign exchange movements principally between U.S. dollar, Indian Rupee and GBP. · liquidity risk: ensure adequate funding to support working capital and future capital expenditure requirements. · interest rate risk: mitigate risk of significant change in market rates on the cash flow of issued variable rate debt. Credit risk Trading credit risk is managed on a country by country basis by the use of credit checks on new clients and individual credit limits, where appropriate, together with regular updates on any changes in the trading partner’s situation. In a number of cases trading partners will be required to make advance payments or minimum guarantee payments before delivery of any goods. The Group reviews reports received from third parties and in certain cases as a matter of course reserve the right within the contracts it enters into to request an independent third-party audit of the revenue reporting. Further, in many of the catalogue sales, the trading partners have extended payment terms of up to a year and often fall behind contractual payment terms, thus payment cycle extends to 2 to 3 years. With respect to catalogue customers with a long trading history with the Group and who have contracted and paid significant amounts in the past without any prior history of bad debt, the Group closely monitors the same revised payment plans to assure collections. In case of new customer onboarding, the Group follows certain standard Know Your Client (KYC) procedures to ascertain financial stability of the counterparty and follows internal policies to not make ongoing sales to such new customers who are not reasonably current with their payments. The Group from time to time will have significant concentration of credit risk in relation to individual theatrical releases, television syndication deals or music licenses. This risk is mitigated by contractual terms which seek to stagger receipts, de-recognition of financial assets and/or the release or airing of content. As at March 31, 2019, 20.4% (2018: 20.5%) of trade account receivables were represented by the top five debtors and for the year ended March 31, 2019, a loss on de-recognition of financial assets amounting to $5,988 (2018: 3,562 and 2017: Nil) arising on assignment and novation of trade receivable amounting to $166,066 (2018: $82,068) and trade payables amounting to $160,615 (2018: $79,778) with no recourse have been recognized in the statement of Income within other gains/(losses), net. The maximum exposure to credit risk is that shown within the statements of financial position, net of credit impairment loss $41,335 (2018: $10,193). The maximum credit exposure on financial guarantees given by the Group for various financial facilities is described in Note 33. As at March 31, 2019, the Group did not hold any material collateral or other credit enhancements to cover its credit risks associated with its financial assets. Currency risk The Group operates throughout the world with significant operations in India, the British Isles, the United States of America and the United Arab Emirates. As a result it faces both translation and transaction currency risks which are principally mitigated by matching foreign currency revenues and costs wherever possible. The Group’s major revenues are denominated in U.S. Dollars, Indian Rupees and British pounds sterling which are matched where possible to its costs so that these act as an automatic hedge against foreign currency exchange movements. The Group has identified that it will need to utilize hedge transactions to mitigate any risks in movements between the U.S. Dollar and the Indian Rupee and has adopted an agreed set of principles that will be used when entering into any such transactions. No such transactions have been entered into to date and the Group has managed foreign currency exposure to date by seeking to match foreign currency inflows and outflows as much as possible. Details of the foreign currency borrowings that the Group uses to mitigate risk are shown within Interest Risk disclosures. As at the reporting date there were no outstanding forward foreign exchange contracts. In fiscal 2019, foreign exchange exposure was managed through cross currency swap on $10,040 short-term foreign currency borrowings. The Group adopts a policy of borrowing where appropriate in the local currency as a hedge against translation risk. The table below shows the Group’s net foreign currency monetary assets and liabilities position in the main foreign currencies, translated to USD equivalents, as at the year-end: Net Balance USD GBP Other (in thousands) As at March 31, 2019 (6,117 ) (61,927 ) (2,317 ) As at March 31, 2018 (4,350 ) (56,080 ) 1,081 The above exposure to foreign currency arises where a consolidated entity holds monetary assets and liabilities denominated in a currency different to the functional currency of that entity. A uniform decrease of 10% in exchange rates against all foreign currencies in position as of March 31, 2019 would have increased in the Company’s net income before tax by approximately $7,036 (2018: gain of $5,935 and 2017: gain of $3,775). An equal and opposite impact would be experienced in the event of an increase by a similar percentage. Our sensitivity to foreign currency has increased during the year ended March 31, 2019 as a result of an increase in liabilities compared to assets denominated in foreign currency over the comparative period. In Management’s opinion, the sensitivity analysis is unrepresentative of the inherent foreign exchange risk because the exposure at the end of the reporting period does not reflect the exposure during the year. Liquidity risk The Group manages liquidity risk by maintaining adequate reserves and agreed committed banking facilities. Management of working capital takes account of film release dates and payment terms agreed with customers. An analysis of short-term and long-term borrowings is set out in Note 23. Set out below is a maturity analysis for non-derivative and derivative financial liabilities. The amounts disclosed are based on contractual undiscounted cash flows. The table includes both interest and principal cash flows. To the extent that interest flows are floating rate, the undiscounted amount is derived from interest rates as at March 31, in each year. Total Less than 1-3 3-5 More than (in thousands) As at March 31, 2019 Borrowing principal payments (1)(2) $ 281,519 $ 209,180 $ 72,339 $ — $ — Borrowing interest payments 29,016 21,820 7,196 — — Derivative financial instruments 620 620 — — — Acceptances 8,366 8,366 — — — Trade and other payables 83,487 83,487 — — — Total Less than 1-3 3-5 More than (in thousands) As at March 31, 2018 Borrowing principal payments (1) $ 278,156 $ 152,330 $ 50,650 $ 75,176 $ — Borrowing interest payments 48,750 26,024 15,319 7,407 — Derivative financial instruments — — — — — Acceptances 8,898 8,898 — — — Trade and other payables 72,142 72,142 — — — (1) Excludes cumulative effect of unamortized costs. (2) Includes senior convertible bonds, which are payable in cash at the option of the issuer. At March 31, 2019, the Group had facilities available of $290,353 (2018: $287,684) and had net undrawn amounts of $468 (2018: $630) available. In addition, the Group has issued financial guarantees amounting to $51 (2018: $1,171) in the ordinary course of business, having maturity dates up to the next 12 months. The Group did not earn any fees to provide such guarantees. It does not anticipate any liability on these guarantees as it expects that most of these will expire unused. Interest rate risk The Group is exposed to interest rate risk because entities in the Group borrow funds at both fixed and floating interest rates. The risk is managed by maintaining an appropriate mix between fixed, capped and floating rate borrowings, and by the use of interest rate swap contracts and forward interest rate contracts. Hedging activities are evaluated to align with interest rate views to ensure the most cost effective hedging strategies are applied. Currency, Maturity and Nature of Interest Rate of the Nominal Value of Borrowings As at March 31 2019 % 2018 % (in thousands, except percentages) Currency U.S. Dollar $ 148,201 52.6% $ 107,236 38.6% Great British Pounds Sterling 65,215 23.2% 70,055 25.2% Indian Rupees 68,103 24.2% 100,865 36.2% Total $ 281,519 100.0% $ 278,156 100.0% Maturity Due before one year $ 209,180 74.3% $ 152,330 54.8% Due between one and three years 72,339 25.7% 50,650 18.2% Due between four and five years — — 75,176 27.0% Due after five years — — — — $ 281,519 100.0% $ 278,156 100.0% Nature of rates Fixed interest rate $ 205,156 72.9% $ 177,742 63.9% Floating rate 76,363 27.1% 100,414 36.1% Total $ 281,519 100.0% $ 278,156 100.0% At 1% increase in underlying bank rates would lead to decrease in the Company’s net income before tax by $1,029 for the year ended March 31, 2019 (2018: $851) on net income. An equal and opposite impact would be felt if rates fell by 1%. This analysis assumes that all other variables, in particular foreign currency rates, remain constant. Under the interest swap contracts, we have agreed to exchange the difference between fixed and floating rate interest amounts calculated on an agreed notional principal amount. Such contracts enable us to mitigate the risk of changing interest rates on the cash flow of issued variable rate debt. The fair value of interest rate derivatives which comprise derivatives at fair value through profit and loss is determined as the present value of future cash flows estimated and discounted based on the applicable yield curves derived from quoted interest rates. Financial instruments — disclosure of fair value measurement level Disclosures of fair value measurements are grouped into the following levels: · Level 1 fair value measurements derived from unadjusted quoted prices in active markets for identical assets or liabilities; · Level 2 fair value measurements derived from inputs, other than quoted prices included within Level 1, that are observable for the asset or liability, either directly (as prices) or indirectly (derived from prices); and · Level 3 fair value measurements derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data. The table below presents assets and liabilities measured at fair value on a recurring basis, which are all category level 2: As at March 31, 2019 (in thousands) Description of type of financial assets Gross amount of Gross amount of recognized Net amounts financial assets Derivative assets — — — Trade and other receivables 125,229 — 125,229 Investments at FVTPL 1,042 — 1,042 Investments at FVTOCI 2,650 — 2,650 Total 128,921 — 128,921 Description of type of financial liabilities Gross amount of recognized financial liabilities Gross amount of recognized financial assets offset in the statement of financial position Net amounts financial liabilities presented in the statement of financial position Derivative liabilities 620 — 620 Borrowings at fair value 68,349 — 68,349 Total 68,969 — 68,969 As at March 31, 2018 (in thousands) Description of type of financial assets Gross amount of Gross amount of recognised Net amounts financial Derivative assets 282 — 282 Total 282 — 282 Description of type of financial liabilities Gross amount of Gross amount of Net amounts financial liabilities Derivative liabilities — — — Borrowings at fair value 86,010 — 86,010 Total 86,010 — 86,010 Financial assets and liabilities subject to offsetting enforceable master netting arrangements or similar agreements as at March 31, 2019 are as follows: As at March 31,2019 (in thousands) Average Notional Fair value of Fair value of Cross currency swap 6.4% 10,040 (620 ) 282 Total $ (620 ) $ 282 None of the above derivative instruments is designated in a hedging relationship. A net loss of $902 (loss in 2018: $304) in respect of the above derivative instruments has been recognized in the consolidated statements of income within other gain/(loss), net. Fair value of interest rate derivative involving interest rate options and cross currency swap is estimated as the present value of the estimated future cash flows based on observable yield curves using an option pricing model. Management uses valuation techniques in measuring the fair value of financial instruments, where active market quotes are not available. In applying the valuation techniques, management makes maximum use of market inputs, and uses estimates and assumptions that are, as far as possible, consistent with observable data that market participants would use in pricing the instrument. Where applicable data is not observable, management uses its best estimate about the assumptions that market participants would make. These estimates may vary from the actual prices that would be achieved in an arm’s length transaction at the reporting date. There were no transfers between any Levels in any of the years.

Contractual Obligations and Com

Contractual Obligations and Commitments	12 Months Ended
	Mar. 31, 2019
Contractual Obligations And Commitments
Contractual Obligations and Commitments	33 CONTRACTUAL OBLIGATIONS AND COMMITMENTS Eros’ material contractual obligations are comprised of contracts related to content commitments. Total (in thousands) As at March 31, 2019 $ 301,660 As at March 31, 2018 $ 336,144 The Group has provided certain stand-by letters of credit amounting to $53,565 (2018: $53,904) which are in the nature of performance guarantees issued while entering into film co-production contracts and are valid until funding obligations under these contracts are met. These guarantees, issued in connection with the aforementioned content commitments, and included in the table above have varying maturity dates and are expected to fall due within a period of one to three years. In addition, the Group has issued financial guarantees amounting to $51 (2018: $1,171) in the ordinary course of business, and included in the table above, having varying maturity dates up to the next 12 months. The Group is only called upon to satisfy a guarantee when the guaranteed party fails to meet its obligations. The Group did not earn any fee to provide such guarantees. It does not anticipate any liability on these guarantees as it expects that most of these will expire unused. Operating lease commitments are disclosed in Note 22.

Contingent Liabilities

Contingent Liabilities	12 Months Ended
	Mar. 31, 2019
Contingent Liabilities
Contingent Liabilities	34 CONTINGENT LIABILITIES 1. In Fiscal 2015 and Fiscal 2016 Eros received show causes assessment order from the Commissioner of Service Tax (India) levying an amount aggregating to $61,342 (including interest and penalty of $30,671) for the period April 1, 2009 to March 31, 2015 on account of service tax arising on temporary transfer of copyright services and certain other related matters. The Company has filed an appeal against the said order before the authorities. Considering the facts and nature of levies and the ad-interim protection for service tax levy for a certain period granted by the Honourable High Court of Mumbai, the Group expects that the final outcome of this matter will be favorable. There is no further update on this matter as preliminary hearing is yet to begin. Accordingly, based on the assessment made after taking appropriate legal advice, no additional liability has been recorded in Group’s consolidated financial statements. 2. In Fiscal 2015, Eros received several assessment orders and demand notices from value added tax and sales tax authorities in India for the payment of amounts aggregating to $3,013 (including interest and penalties) for certain fiscal years between April 1, 2005 and March 31, 2011. Eros has appealed against each of these orders, and such appeals are pending before relevant tax authorities. Though there uncertainties are inherent in the final outcome of these matters, the Company believes, based on assessment made after taking legal advice, that the final outcome of the matters will be favourable. Accordingly, no additional liability has been recorded in Group’s consolidated financial statements. 3. Beginning on November 13, 2015, the Company was named a defendant in five substantially similar putative class action lawsuits filed in federal court in New Jersey and New York by purported shareholders of the Company. On May 17, 2016, the putative class actions filed in New Jersey were transferred to the United States District Court for the Southern District of New York where they were subsequently consolidated with the other two actions. The Court-appointed lead plaintiffs filed a single consolidated complaint on July 14, 2016 and amended on October 10, 2016. The amended consolidated complaint alleged that the Company and certain individual defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, but did not assert certain claims that had been asserted in prior complaints. The remaining claims were primarily focused on whether the Company and individual defendants made material misrepresentations concerning the Company’s film library and materially misstated the usage and functionality of Eros Now, our digital OTT entertainment service. On September 25, 2017, the United States District Court for the Southern District of New York entered a Memorandum & Order dismissing the putative class action with prejudice. On October 23, 2017, lead plaintiffs filed a Notice of Appeal. On August 24, 2018, the United States Court of Appeals for the Second Circuit issued a summary order affirming the district court’s earlier dismissal, with prejudice. On September 29, 2017, the Company filed a lawsuit against Mangrove Partners, Manuel P. Asensio, GeoInvesting, LLC, and other individuals and entities alleging the defendants and other co-conspirators disseminated material false, misleading, and defamatory information about the Company and are engaging in other misconduct that has harmed the Company. On May 31, 2018, the Company filed an amended complaint that added two new defendants and expanded the scope of the Company’s initial allegations. The amended complaint alleges that Mangrove Partners and many of its co-conspirators held substantial short positions in the Company’s stock and profited when its share price declined in response to their multi-year disinformation campaign. The Company seeks damages and injunctive relief for defamation, civil conspiracy, and tortious interference, including but not limited to interference with its customers, producers, distributors, investors, and lenders. On March 12, 2019, the Supreme Court of the State of New York entered a Decision and Order granting defendants’ motions to dismiss. On March 13, 2019, the Company filed a Notice of Appeal. The matter is ongoing. Beginning on June 21, 2019, the Company was named a defendant in two substantially similar putative class action lawsuits filed in federal court in New Jersey by purported shareholders of the Company. The lawsuits allege that the Company and certain individual defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by making false and/or misleading statements regarding the Company’s accounting for trade receivables. We expect that the lawsuits will be consolidated and that the court-appointed lead plaintiff will file a consolidated complaint. The Company expects to file a motion to dismiss any consolidated complaint. 4. From time to time, Eros is involved in legal proceedings arising in the ordinary course of its business, typically intellectual property litigation and infringement claims related to the Group’s feature films and other commercial activities, which could cause it to incur expenses or prevent it from releasing a film. While the resolution of these matters cannot be predicted with certainty, the Group does not believe, based on current knowledge or information available, that any existing legal proceedings or claims are likely to have a material and adverse effect on its financial position, results of operations or cash flows. There were no other material ongoing litigations at March 31, 2019 and March 31, 2018.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Mar. 31, 2019
Related Party Transactions
Related Party Transactions	35 RELATED PARTY TRANSACTIONS As at As at Details of (in thousands) Transaction Liability Asset Liability Asset Red Bridge Group Limited President fees $ 648 $ — $ 464 $ — 550 County Avenue Rent/Deposit 499 135 482 135 Line Cross Limited Rent/Deposit — — 876 258 NextGen Films Private Limited Purchase/Sale — 41,470 — 38,862 Everest Entertainment LLP Purchase/Sale 574 — 65 — Beech Investments Limited Advance 500 — — Lulla Family Rent/Deposit 243 841 244 947 Lulla Family Salary 3,279 — 2,468 — Lulla Family Advance 6,650 — — — Xfinite Global Plc Advance 6,500 — — — The Lulla family refers to late Mr. Arjan Lulla, Mr. Kishore Lulla, Mr. Sunil Lulla, Mrs. Manjula Lulla, Mrs. Krishika Lulla, Mrs. Rishika Lulla Singh, and Ms. Riddhima Lulla and Mr. Swaneet Singh. Pursuant to a lease agreement that expired on March 31, 2019, the lease requires Eros International Media Limited to pay $4 each month under this lease. Eros International Media Limited leases apartments for studio use at Kailash Plaza, 3rd Floor, Opp. Laxmi Industrial Estate, Andheri (W), Mumbai, from Manjula K. Lulla, the wife of Kishore Lulla. The lease was renewed on April 1, 2019 for a further period of one year on the same terms. Pursuant to a lease agreement that expired on September 30, 2018, the lease requires Eros International Media Limited to pay $4 each month under this lease. Eros International Media Limited leases for use as executive accommodations the property Aumkar Bungalow, Gandhi Gram Road, Juhu, Mumbai, from Sunil Lulla. The lease was renewed on October 1, 2018 for a further period of three years on the same terms. Pursuant to a lease agreement that expires on January 4, 2020, Eros International Media Limited leases office premise for studio use at Supreme Chambers, 5th Floor, Andheri (W), Mumbai from Kishore and Sunil Lulla. Beginning January 2015, the lease requires Eros International Media Limited to pay $83 each month under this lease. Pursuant to a lease agreement, Eros USA Inc. leases the real estate property at 550 County Avenue, Secaucus, New Jersey, from 550 County Avenue Property Corp, a Delaware corporation owned by Beech Investments. The lease was renewed on April 1,2015, and required the Group to pay $11 each month. The lease has been mutually cancelled from end of November, 2018. Pursuant to an agreement the Group entered into with Redbridge Group Limited on June 27, 2006, the Group agreed to pay an annual fee set each year of $186, $270 and $260 in the respective years ended March 31, 2019, 2018 and 2017, for the services of Arjan Lulla, the father of Kishore Lulla and Sunil Lulla, grandfather of Mrs. Rishika Lulla Singh, uncle of Vijay Ahuja and Surender Sadhwani and an employee of Redbridge Group Limited. The agreement makes Arjan Lulla honorary life president and provides for services including attendance at Board meetings, entrepreneurial leadership and assistance in setting the Group’s strategy. Arjan Lulla passed away in December 2018 Redbridge Group Limited is an entity owned indirectly by a discretionary trust of which Kishore Lulla is a potential beneficiary. The Group has engaged in transactions with NextGen Films Private Limited, an entity owned by the husband of Puja Rajani, sister of Kishore Lulla and Sunil Lulla, each of which involved the purchase and sale of film rights. In the year ended March 31, 2019, NextGen Films Private Limited sold film rights $ 1,109 (2018: $7,760, 2017: $616) to the Group, and purchased film rights, including production services, of Nil (2018: Nil and 2017: $Nil). The Group advanced $6,192 (2018: $19,025, 2017: $22,881) to NextGen Films Private Limited for film co-production and received refund of $Nil (2018: $6,114, 2017: $5,075) on abandonment of certain film projects. The Group also engaged in transactions with Everest Entertainment LLP entity owned by the brother of Manjula K. Lulla, wife of Kishore Lulla, which is involved in the purchase and sale of film rights. In March 31, 2019, Everest Entertainment LLP sold film rights of 1,260 (2018: 166, 2017: Nil) to the Group and purchased film rights of $ 314. Mrs. Manjula Lulla, the wife of Kishore Lulla, is an employee of Eros International Plc. and is entitled to a salary of $144 per annum (2018: $139 and 2017: $130). Mrs. Krishika Lulla, the wife of Sunil Lulla, is an employee of EIML and is entitled to a salary of $123 per annum (2018: $133, 2017: $133). Ms. Riddhima Lulla, the daughter of Kishore Lulla, is an employee of Eros Digital FZ LLC and is entitled to a salary of 213 per annum (2018: $90) which is borne by Eros Worldwide LLC. All of the amounts outstanding are unsecured and will be settled in cash. As at March 31, 2019, the Group has provided performance guarantee to a bank amounting to $8,000 (2018: $8,000) in connection with funding commitments. under film co-production agreements with NextGen Films Private Limited and having varying maturity dates up to the next 12 months. The Group did not earn any fee to provide such guarantees. It does not anticipate any liability on these guarantees as it expects that most of these will expire unused. License Arrangement with Xfinite Global Plc The Group has engaged in transactions with Xfinite Global Plc, an entity owned by Eros Investments Limited has significant influence. During the year ended March 31, 2019 the Group received installment of license fee amounting to $8,000 (2018: Nil) of which $1,413 (2018: Nil) was accounted as revenue during the year and $6,587 (2018: Nil) was deferred to next year. Further, advance of $6,500 (2018: Nil) was received by the group for incurrence of expenses & costs on behalf of Xfinite Global Plc.

Major Consolidated Entities

Major Consolidated Entities	12 Months Ended
	Mar. 31, 2019
Major Consolidated Entities
Major Consolidated Entities	36 MAJOR CONSOLIDATED ENTITIES Date Country of Incorporation % of voting rights held Copsale Limited June 2006 BVI 100.00 Eros Australia Pty Limited June 2006 Australia 100.00 Eros International Films Private Limited June 2006 India 100.00 Eros International Limited June 2006 U.K. 100.00 Eros International Media Limited June 2006 India 62.39 Eros International USA Inc June 2006 U.S. 100.00 Eros Music Publishing Limited June 2006 U.K. 100.00 Eros Network Limited June 2006 U.K. 100.00 Eros Pacific Limited June 2006 Fiji 100.00 Eros Worldwide FZ-LLC June 2006 UAE 100.00 Big Screen Entertainment Private Limited January 2007 India 64.00 EyeQube Studios Private Limited January 2008 India 99.99 Acacia Investments Holdings Limited April 2008 IOM 100.00 Eros International Pte Limited August 2010 Singapore 100.00 Digicine Pte. Limited March 2012 Singapore 100.00 Colour Yellow Productions Private Limited May 2014 India 50.00 Eros Digital FZ LLC September 2015 UAE 100.00 Eros Digital Limited July 2016 IOM 100.00 Eros Films Limited November 2016 IOM 100.00 Universal Power Systems Private Limited August 2015 India 100.00 All of the companies were involved with the distribution of film content and associated media. All the companies are indirectly owned with the exception of Eros Network Limited, Eros Worldwide FZ-LLC and Eros International Pte Ltd. In fiscal year 2019, Group shareholding of Eros International Media Ltd increased to 62.39% (2018: 60.13%) The change in shareholding was due to exercise of 0.11 % ESOP by the employees and purchase of 2.37% shares in open market. In fiscal year 2019, the Group has pledged 47.74% of its holding in Eros International Media Limited as security for certain of the Group’s borrowings (See Note 23). In addition to the above the Eros International Plc Employee Benefit Trust, a Jersey based Trust has been consolidated as it is a fully controlled Trust.

Non-Controlling Interest

Non-Controlling Interest	12 Months Ended
	Mar. 31, 2019
Non-controlling Interest
Non-Controlling Interest	37 NON-CONTROLLING INTERESTS Details of subsidiary that have material non-controlling interests The Group has a number of subsidiaries held directly and indirectly which operate and are incorporated around the world. Note 36 to the financial statements lists details of the major consolidated entities and the interests in these subsidiaries. The non-controlling interests that are material to the Group relate to Eros International Media Limited and its subsidiaries whose principal place of business is in India. The table below shows the summarized financial information of Eros International Media Limited and its subsidiaries (EIML) as at March 31, 2019, non-controlling interests held an economic interest by virtue of shareholding of 37.61% (March 2018: 39.87%). The change in shareholding was due to exercise of 0.11% ESOP by employees and purchase of 2.37% shares from open market by Eros Worldwide FZ LLC, for the total cash consideration of $2,892. The summarized financial information represents amounts before inter-company eliminations. Year ended March 31 (in thousands) EIML 2019 2018 Current assets $ 183,944 $ 152,997 Non-current assets 385,463 418,118 Current liabilities (158,182 ) (162,898 ) Non-current liabilities (53,210 ) (65,582 ) Total net assets attributable $ 358,015 $ 342,635 Equity attributable to owners of the Group $ 222,486 $ 204,907 Equity attributable to non-controlling interests $ 135,529 $ 137,728 Revenue $ 149,969 $ 151,887 Expenses (114,709 ) (118,858 ) Profit for the year $ 35,260 $ 33,029 Profit attributable to the owners of the Group $ 21,846 $ 20,199 Profit attributable to non-controlling interests $ 13,414 $ 12,830 Other comprehensive (loss)/income during the year $ (12,500 ) $ (612 ) Total comprehensive income during the year $ 22,760 $ 32,417 Total comprehensive income attributable to the owners of the Group 15,354 19,828 Total comprehensive income attributable to non-controlling interests 7,406 12,589 Net cash inflow from operating activities $ 50,470 $ 49,096 Net cash outflow from investing activities (37,729 ) (55,755 ) Net cash inflow from financing activities (14,462 ) 6,707 Net cash (outflow)/inflow $ (1,721 ) $ 48 No dividends were paid to non-controlling interests during the year ended March 31, 2019. (2018: Nil).

Significant Accounting Estimate

Significant Accounting Estimates and Judgments	12 Months Ended
	Mar. 31, 2019
Significant Accounting Estimates And Judgments
Significant Accounting Estimates and Judgments	38 SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGMENTS Estimates and judgments are evaluated on a regular basis and are based on historical experience and other factors, such as expectations of future events that are believed to be reasonable under the present circumstances. The Group makes estimates and assumptions concerning the future. These estimates, by definition, will rarely equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the financial year are highlighted below: 38.1. Basis of consolidation The Group evaluates arrangements with special purpose vehicles in accordance with of IFRS 10 – Consolidated Financial Statements to establish how transactions with such entities should be accounted for. This requires a judgment over control such that it is exposed, or has rights, to variable returns and can influence the returns attached to the arrangements. 38.2. Goodwill and trade name The Group tests annually whether goodwill and trade name have suffered impairment, in accordance with its accounting policy. The recoverable amount of cash-generating units has been determined based on value in use calculations. We use market related information and estimates (generally risk adjusted discounted cash flows) to determine value in use. Cash flow projections take into account past experience and represent management’s best estimate about future developments. Key assumptions on which management has based its determination of fair value less costs to sell and value in use includes estimated volume growth, long-term growth rates, weighted average cost of capital and tax rates. These estimates, includes the methodology used, can have a material impact on the respective values and ultimately the amount of any goodwill and tradename impairment. 38.3. Intangible assets The Group is required to identify and assess the useful life of intangible assets and determine their income generating life. Judgment is required in determining this and then providing an amortization rate to match this life as well as considering the recoverability or conversion of advances made in respect of securing film content or the services of talent associated with film production. Accounting for the film content requires Management’s judgment as it relates to total revenues to be received and costs to be incurred throughout the life of each film or its license period, whichever is the shorter. These judgments are used to determine the amortization of capitalized film content costs. The Group uses a stepped method of amortization on first release film content writing off more in year one which recognizes initial income flows and then the balance over a period of up to nine years. In the case of film content that is acquired by the Group after its initial exploitation, commonly referred to as Library, amortization is spread evenly over the lesser of 10 years or the license period. Management’s policy is based upon factors such as historical performance of similar films, the star power of the lead actors and actresses and others. Management regularly reviews, and revises when necessary, its estimates, which may result in a change in the rate of amortization and/or a write down of the asset to the recoverable amount. The Group tests annually whether intangible assets have suffered any impairment, in accordance with the accounting policy. These calculations require judgments and estimates to be made, and, as with Goodwill and Trade name, in the event of an unforeseen event these judgments and assumptions would need to be revised and the value of the intangible assets could be affected. There may be instances where the useful life of an asset is shortened to reflect the uncertainty of its estimated income generating life. This is particularly the case when acquiring assets in markets that the Group has not previously exploited. 38.4. Credit impairment losses In case of catalogue sales, the Group provides contractual deferred payment terms up to a year to the trading partners. Further, in several instances the catalogue customers fall behind contractual payment terms. The Group estimates credit impairment losses based on historical experience of collection from catalogue customers multiplied by the incremental borrowing rate applicable to the group of similar class of customer by geography. Incremental borrowing rate has been calculated considering applicable class of corporate bond in the United States specific to such customers and further adjusted the same for the relevant Country Risk Premium as such amount is invested in US dollar in those countries. The credit impairment losses, net of unwinding thereof, recognized in the Consolidated Statement of Income for the year ended March 31, 2019 and March 31, 2018 was $41,335 and $10,193, respectively. 38.5. Investment in equity shares (Financial Assets) at FVOCI The Group follows the guidance of IFRS 9 – Financial Instruments: to determine the fair value of its investment in equity instruments, which have been measured using net assets value method based on financial information of the investee company. The aforesaid financial information is available with the lag of 2 years. Further a discount for lack of liquidity of 10% is applied which reflects ease of investors ability to liquidate. 38.6. Income taxes and deferred taxation The Group is subject to income taxes in various jurisdictions. Judgment is required in determining the worldwide provision for income taxes. We are subject to tax assessment in certain jurisdictions. Significant judgment is involved in determining the provision for income taxes including judgment on whether the tax positions are probable of being sustained in tax assessments. Judgment is also required when determining whether the Group should recognize a deferred tax asset, based on whether Management considers there is sufficient certainty in future earnings to justify the carry forward of assets created by tax losses and tax credits. Judgment is also required when determining whether the Group should recognize a deferred tax liability on undistributed earnings of subsidiaries. Where the ultimate outcome is different than that which was initially recorded there will be an impact on the income tax and deferred tax provisions. 38.7. Share-based payments The Group is required to evaluate the terms to determine whether share based payment is equity settled or cash settled. Judgment is required to do this evaluation. Further, the Group is required to measure the fair value of equity settled transactions with employees at the grant date of the equity instruments. The fair value is determined principally by using the Black Scholes model and/or Monte Carlo Simulation Models which require assumptions regarding risk free interest rates, share price volatility, the expected term and other variables. The basis and assumptions used in these calculations are disclosed within Note 28. The aforementioned inputs entered in to the option valuation model that we use to determine the fair value of our share awards are subjective estimates and changes to these estimates will cause the fair value of our share-based awards and related share- based compensations expense we record to vary. 38.8. Business combinations and deconsolidation Business combinations are accounted for using the acquisition method under the provisions of IFRS 3 (Revised) , “Business Combinations”. The cost of an acquisition is measured at the fair value of the assets transferred, equity instruments issued and liabilities incurred at the date of acquisition. The cost of the acquisition also includes the fair value of any contingent consideration. Identifiable tangible and intangible assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair value on the date of acquisition. Significant estimates are required to be made in determining the value of contingent consideration and intangible assets. During fiscal 2018, the Group divested its 51 percent equity interest in Ayngaran Group to the non-controlling investee. The Group recorded the financial asset retained in the former subsidiary on deconsolidation at its fair value and recorded a loss of $0.5 million. The discounting of the financial asset was determined using associated credit risk for similar instrument. 38.9. Financial liabilities at fair value through profit and loss The Group has classified the convertible note as a financial liability at fair value through profit or loss and used the valuation models i.e. Black and Scholes and Monte-Carlo simulations to obtain the fair value of share warrant and convertible notes. Key assumptions on which external valuation experts has based their determination of fair value includes risk free rate, weighted average cost of capital, future volatility, proportion of debt to be converted into equity shares. These estimates, includes the methodology used, can have a material impact on the respective values and ultimately the amount of financial liability.

New Standards Adopted as at Apr

New Standards Adopted as at April 1, 2018	12 Months Ended
	Mar. 31, 2019
New Standards Adopted As At April 1 2018
New Standards Adopted as at April 1, 2018	39 NEW STANDARDS ADOPTED AS AT APRIL 1, 2018 Adoption of IFRS 15, "Revenue from Contracts with Customers" On April 1, 2018, the Group adopted IFRS 15, “Revenue from Contracts with Customers” (‘IFRS 15’), using the modified retrospective method applied to all contracts as of April 1, 2018. Results for reporting periods beginning after April 1, 2018 are presented under IFRS 15, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under IAS 18, Revenue (‘IAS 18’). Revenue arises mainly from production and distribution of media content, television syndication or satellite rights and digital and ancillary rights. The Group determines revenue recognition through the following steps: 1. Identification of the contract, or contracts, with a customer 2. Identification of the performance obligations in the contract 3. Determination of the transaction price 4. Allocation of the transaction price to the performance obligations in the contract 5. Recognition of revenue when, or as, a performance obligation/s are satisfied. In all cases, the total transaction price for a contract is allocated amongst the various performance obligations based on their relative stand-alone selling prices. The transaction price for a contract excludes any amounts collected on behalf of third parties. Revenue is recognised either at a point in time or over time, when (or as) the Group satisfies performance obligations by transferring the promised goods or services to its customers in an amount that reflects the consideration that it expects to receive in exchange for those services. At contract inception, the Group assesses the services promised in the contracts with customers and identifies a performance obligation for each promise to transfer to the customer a service (or bundle of services) that is distinct. To identify the performance obligations, the Group considers all of the services promised in the contract regardless of whether they are explicitly stated or are implied by customary business practices. The Group recognises contract liabilities for consideration received in respect of unsatisfied performance obligations and reports these amounts within ‘Trade and other payables’ in the Statement of Financial Position. Similarly, if the Group satisfies a performance obligation before it receives the consideration, the Group recognises either a contract asset or accrued receivable within ‘Trade and other receivables’ in the Statement of Financial Position, depending on whether something other than the passage of time is required before the consideration is due. For certain content licensing arrangements, the Group’s collection period range between 2 – 3 years from contract inception date. Under IFRS 15, an entity needs to adjust the promised amount of consideration for the effects of the time value of money if the timing of payments agreed to by the parties to the contract (either explicitly or implicitly) provides the customer or the entity with a significant benefit. As such, for arrangements where the implied collection period (or normal credit term) is considered to be more than 1 year, revenue is recognised after adjusting the promised amount of consideration for a significant financing component, using the discount rate that would be reflected in a separate financing transaction between the entity and its customer at contract inception. The effects of financing, i.e. unwinding of the financing component, is recognised separately from revenue from contracts with customers in the Statement of Income, within ‘Finance income’. Any subsequent change in collection date from the anticipated collection date considered on the contract inception date has been recognised separately in the Statement of Income, within ‘Other gains/(losses), net’. In case of television syndication rights, as on March 31, 2019, there were certain films in respect of which rights have not been transferred either because the delivery of the content has not been made or effective date mentioned in the contract has not arrived as on the reporting date. The aggregate amount of license fees allocated to the above movies for the twelve months ended March 31, 2019 is $14,723 which is included in contract liability. For the twelve months ended March 31, 2019, revenue amounting to $9,747 is included in the contract liability balance at the beginning of the period. As such, the Group has performance obligations associated with fixed commitments in customer contracts for future services that have not yet been recognized in our condensed consolidated financial statements amounting to $ 10,347 as of March 31, 2019. The Company expects to recognize revenue on more than 80% of these remaining performance obligations by 12 months with the balance recognition thereafter over a period of 2 to 5years. Practical Expedients and Exemptions The Group generally expense sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within sales and marketing expenses. Adoption of IFRS 9, "Financial Instruments" On April 1, 2018, the Company adopted IFRS 9, “Financial Instruments” (‘IFRS 9’), using the modified retrospective method applied as of April 1, 2018. IFRS 9 Financial Instruments replaces IAS 39 ‘Financial Instruments: Recognition and Measurement’ requirements with effect from April 1, 2018. When adopting IFRS 9, the Group elected not to restate prior periods. Rather, differences arising from the adoption of IFRS 9 in relation to classification, measurement, and impairment are recognized in opening retained earnings as of April 1, 2018. Major changes in IFRS 9 as compared to IAS 39 is on account of introduction of the expected credit loss model and the changes in categories of financial assets and financial liabilities. The adoption of IFRS 9 has impacted the following areas: • The impairment of financial assets applying the expected credit loss model. This applies now to the Group’s trade and other receivables. For contract assets arising from IFRS 15 and trade receivables that do not contain a significant financing component, the Group applies a simplified model of recognizing lifetime expected credit losses. For all other financial assets, expected credit losses are measured at an amount equal to the twelve month ECL, unless there has been a significant increase in credit risk from initial recognition in which case those are measured at lifetime ECL. • The measurement of available for sale equity investments was at cost less impairment in IAS 39. This investment is now measured at fair value with changes in fair value presented in other comprehensive income. • The recognition of gains and losses arising from the Group’s own credit risk. The Group continues to elect the fair value option for certain financial liabilities which means that fair value movements from changes in the Group’s own credit risk are now presented in other comprehensive income rather than profit or loss. Details showing the Classification and Measurement of the Company’s financial instruments on adoption of IFRS 9 as at April 1, 2018. IAS 39 Category IFRS 9 Category Total Total Financial Assets Cash and cash equivalents Loans and Receivables At amortized cost 87,762 87,762 Restricted deposits Loans and Receivables At amortized cost 7,468 7,468 Investment in equity instruments Available for sale financial assets Financial assets at FVTOCI* 27,257 27,257 Trade and other receivables Loans and Receivables At amortized cost 235,726 235,726 Total 358,213 358,213 IAS 39 Category IFRS 9 Category Total carrying value Total fair value Financial Liabilities Total borrowings (excluding convertible notes) At amortized cost At amortized cost 190,936 174,533 Convertible notes Financial liabilities at FVTPL Financial liabilities at FVTPL** 86,010 86,010 Trade and other payables At amortized cost At amortized cost 72,142 72,142 Acceptances At amortized cost At amortized cost 8,898 8,898 Total 357,986 341,583 * FVTOCI – Fair value through other comprehensive income. ** FVTPL - Fair value through profit and loss. Details showing the Classification and Measurement of the Company’s financial instruments on adoption of IFRS 9 as at March 31, 2019. IAS 39 Category IFRS 9 Category Total carrying value Total fair value Financial Assets Cash and cash equivalents Loans and Receivables At amortized cost 89,117 89,117 Restricted deposits Loans and Receivables At amortized cost 56,614 56,614 Investment at fair value Available for sale financial assets Financial assets at FVTPL** 1,042 1,042 Investment at amortized cost Available for sale financial assets Financial assets at FVTOCI* 2,650 2,650 Trade receivables Trade Accounts Receivables At amortized cost 71,129 71,129 Trade receivables Trade Accounts Receivables Financial assets at FVTOCI* 125,229 125,229 Total 350,445 345,781 IAS 39 Category IFRS 9 Category Total carrying value Total fair value Financial Liabilities Total borrowings (excluding convertible notes) At amortized cost At amortized cost 212,479 205,911 Convertible notes Financial liabilities at FVTPL Financial liabilities at FVTPL** 68,349 68,349 Trade and other payables At amortized cost At amortized cost 83,487 83,487 Acceptances At amortized cost At amortized cost 8,366 8,366 Total 372,681 366,113 * FVTOCI – Fair value through other comprehensive income. ** FVTPL - Fair value through profit and loss. The cumulative effect of the changes made to the consolidated interim Statement of Financial Position as at April 1, 2018 in respect of the adoption of IFRS 9 were as follows: Assets As of IFRS 9 As of Trade and other receivables $ 254,223 $ (18,497 ) $ 235,726 Deferred income tax liabilities 39,519 (673 ) 38,846 Currency translation reserve (56,722 ) (34 ) (56,756 ) Reserves 422,992 (14,270 ) 408,722 Non-controlling interests 137,728 (3,520 ) 134,208 However, as a result of adopting IFRS 15, amounts reported under IFRS 15 were not materially different from amounts that would have been reported under the previous revenue guidance of IAS 18, as such, cumulative adjustments to retained earnings is not material. The impact of adoption of IFRS 15 and IFRS 9 on our consolidated Statement of Financial Position as at March 31, 2019 were as follows: Assets Balance at IFRS 9 IFRS 15 (*) Balance at Trade and other receivables $ 215,210 $ 10,767 $ 24,273 $ 250,250 Liabilities and Shareholders' Equity Currency translation reserve (64,179 ) (126 ) — (64,305 ) Reserves (2,202 ) 4,121 22,918 24,837 Other long-term liability 13,898 — (458 ) 13,440 Deferred income tax liabilities 27,427 921 — 28,348 Non-controlling interests 135,529 5,851 1,813 143,193 (*) The impact of adoption of IFRS 15 and IFRS 9 on the consolidated Statement of Income for twelve months ended March 31, 2019 was as follows: March 31, 2019 IFRS 9 (*) IFRS 15 (*) March 31, 2019 Revenue $ 270,126 $ — $ 24,273 $ 294,399 Cost of sales (155,396 ) — — (155,396 ) Gross profit 114,730 — 24,273 139,003 Administrative cost (87,134 ) 10,673 — (76,461 ) Operating profit before exceptional item 27,596 10,673 24,273 62,542 Impairment loss (423,335 ) — — (423,335 ) Operating profit/(loss) (395,739 ) 10,673 24,273 (360,793 ) Financing costs (24,093 ) — 458 (23,635 ) Finance income 16,419 (2,209 ) — 14,210 Net finance costs (7,674 ) (2,209 ) 458 (9,425 ) Other gains/(losses) 288 (20,698 ) — (20,410 ) Profit/(loss) before tax (403,125 ) (12,234 ) 24,731 (390,628 ) Income tax (7,328 ) (248 ) — (7,576 ) Profit/(loss) for the year (410,453 ) (12,482 ) 24,731 (398,204 ) Other comprehensive income / (loss) (41,462 ) 4,664 — (36,798 ) Total comprehensive (loss)/income for the year (451,915 ) (7,818 ) 24,731 (435,002 ) Profit/(loss) for the year Attributable to Equity holders of Eros International Plc (423,867 ) (14,591 ) 22,918 (415,540 ) Non-controlling interest 13,414 2,109 1,813 17,336 Total comprehensive (loss)/income for the year Attributable to Equity holders of Eros International Plc (459,321 ) (10,149 ) 22,918 (446,552 ) Non-controlling interest 7,406 2,331 1,813 11,550 (*) incremental impact on account of adoption of IFRS 15 and IFRS 9 in addition to those reported under guidance of IAS 18 and IAS 39 Earnings Per Share Basic Diluted Earnings Earnings attributable to the equity holders of the parent $ (415,540 ) $ (415,540 ) Potential dilutive effect related to share based compensation scheme in subsidiary undertaking — (197 ) Adjusted earnings attributable to equity holders to Eros International Plc (415,540 ) (415,737 ) Number of shares Weighted average number of shares 70,706,579 70,706,579 Potential or dilutive effect related to share based compensation scheme — 1,463,640 Adjusted weighted average number of shares 70,706,579 72,170,219 Earnings/(loss) per share Earnings attributable to the equity holders of Eros International Plc per share (in cents) (587.7 ) (587.7 ) Since there is loss for the fiscal year ended March 2019, the potential equity shares resulting from dilutive options are not considered as dilutive and hence, the Diluted EPS is same as Basic EPS.

Standards Not Yet Adopted

Standards Not Yet Adopted	12 Months Ended
	Mar. 31, 2019
Standards Not Yet Adopted Abstract
Standards Not Yet Adopted	40 STANDARDS NOT YET ADOPTED Standards, amendments and Interpretations to existing Standards that are not yet effective and have not been adopted early by the Group At the date of authorization of these financial statements, several new, but not yet effective, accounting standards, amendments to existing standards, and interpretations have been published by the IASB. None of these standards, amendments or interpretations have been adopted early by the Group. Management anticipates that all relevant pronouncements will be adopted for the first period beginning on or after the effective date of the pronouncement. New Standards, amendments and Interpretations neither adopted nor listed below have not been disclosed as they are not expected to have a material impact on the Group’s financial statements. IFRS 16 “Leases” IFRS 16 will replace IAS 17 ‘Leases’ and three related Interpretations. IFRS 16 Leases provides a unified model for all leases, whether they shall require recognition of liabilities with corresponding right-of-use assets in the consolidated statement of financial position. With respect to the cash flow statement, the portion of the annual lease payments recognized as a reduction of the lease liability will be recognized as an outflow from financing activities, which currently is fully recognized as an outflow from operating activities. There are two important reliefs provided by IFRS 16 for assets of low value and short-term leases of less than 12 months. IFRS 16 is effective from periods beginning on or after January 1, 2019 and considering that the Company follows April to March financial year, it is effective for the Company for financial years beginning on April 1, 2019. Early adoption is permitted; however, the Group have decided not to early adopt. Management is in the process of assessing the full impact of the Standard. So far, the Group: a) believes that the most significant impact will be that the Group will need to recognize a right of use asset and a lease liability for the office buildings currently treated as operating leases. At March 31, 2019, the future minimum lease payments on leases which will require on-balance sheet treatment amounted to $1,848. This will mean that the nature of the expense of the above cost will change from being an operating lease expense to depreciation and interest expense. b) concludes that there will not be a significant impact to the finance leases currently held on the statement of financial position c) is planning to adopt IFRS 16 on April 1, 2019 using the standard’s modified retrospective approach. Under this approach the cumulative effect of initially applying IFRS 16 is recognized as an adjustment to equity at the date of initial application. Comparative information is not restated. Choosing this transition approach results in further policy decisions the Group need to make as there are several other transitional reliefs that can be applied. These relate to those leases previously held as operating leases and can be applied on a lease-by-lease basis. Considering such reliefs, the Group has tentatively decided to not consider initial direct costs on leases outstanding on April 1, 2019, and use as discount rate, the incremental borrowing rate as at April 1, 2019 for existing leases. Further, the Group has tentatively decided to use the approach that allows the right-of-use asset to be recognized at an amount equal to the liability as at the date of initial application. Based on such approach the additional liability and asset as April 1, 2019 shall be around $1,590. These impacts are based on the assessments undertaken to date. The exact financial impacts of the accounting changes of adopting IFRS 16 at April 1, 2019 may be revised. IFRIC 23 – “Uncertainty over Income Tax Treatments” In June 2017, the IFRIC issued IFRIC 23 – “Uncertainty over Income Tax Treatments” (“IFRIC 23”) to clarify the accounting for uncertainties in income taxes, by specifically addressing the following: • the determination of whether to consider each uncertain tax treatment separately or together with one or more uncertain tax treatments; • the assumptions an entity makes about the examination of tax treatments by taxations authorities; • the determination of taxable profit (tax loss), tax bases, unused tax losses, unused tax credits and tax rates where there is an uncertainty regarding the treatment of an item; and • the reassessment of judgements and estimates if facts and circumstances change. IFRIC 23 is effective for annual reporting periods beginning on or after January 1, 2019. Earlier application is permitted. On initial application, the requirements are to be applied by recognizing the cumulative effect of initially applying them in retained earnings, or in other appropriate components of equity, at the start of the reporting period in which an entity first applies them, without adjusting comparative information. Full retrospective application is permitted, if an entity can do so without using hindsight. The Company expect the adoption of this standard will have no material impact on its consolidated financial statements. IAS 19 – “Employee Benefits” In February 2018, the IASB issued amendments to IAS 19 – “Employee Benefits” regarding plan amendments, curtailments and settlements. The amendments are as follows: • If a plan amendment, curtailment or settlement occurs, it is now mandatory that the current service cost and the net interest for the period after the remeasurement are determined using the assumptions used for the remeasurement; • In addition, amendments have been included to clarify the effect of a plan amendment, curtailment or settlement on the requirements regarding asset ceiling. The above amendments are effective for annual periods beginning on or after January 1, 2019. Earlier application is permitted but must be disclosed. The Company expects the adoption of these amendments will have no material impact on its consolidated financial statements. IFRS 3 “Business Combinations” In October 2018, the IASB issued amendments to IFRS 3 “Business Combinations” regarding the definition of a “Business.” The amendments: • clarify that to be considered a business, an acquired set of activities and assets must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create outputs; • narrow the definitions of a business and of outputs by focusing on goods and services provided to customers and by removing the reference to an ability to reduce costs; • add guidance and illustrative examples to help entities assess whether a substantive process has been acquired; • remove the assessment of whether market participants are capable of replacing any missing inputs or processes and continuing to produce outputs; and • add an optional concentration test that permits a simplified assessment of whether an acquired set of activities and assets is not a business. The above amendments are effective for business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after January 1, 2020. The Company is currently evaluating the impact of these amendments on its consolidated financial statements. IAS 1 “Presentation of Financial Statements” In October 2018, the IASB issued amendments to IAS 1 “Presentation of Financial Statements” (“IAS 1”) and IAS 8 “Accounting Policies, Changes in Accounting Estimates and Errors” (“IAS 8”) which revised the definition of “Material.” Three aspects of the new definition should especially be noted, as described below: • Obscuring: The existing definition only focused on omitting or misstating information, however, the Board concluded that obscuring material information with information that can be omitted can have a similar effect. Although the term obscuring is new in the definition, it was already part of IAS 1 (IAS 1.30A); • Could reasonably be expected to influence: The existing definition referred to “could influence” which the Board felt might be understood as requiring too much information as almost anything “could influence” the decisions of some users even if the possibility is remote; • Primary users: The existing definition referred only to ‘users’ which again the Board feared might be understood too broadly as requiring them to consider all possible users of financial statements when deciding what information to disclose. The amendments highlight five ways in which material information can be obscured: • if the language regarding a material item, transaction or other event is vague or unclear; • if information regarding a material item, transaction or other event is scattered in different places in the financial statements; • if dissimilar items, transactions or other events are inappropriately aggregated; • if similar items, transactions or other events are inappropriately disaggregated; and • if material information is hidden by immaterial information to the extent that it becomes unclear what information is material. The new definition of material and the accompanying explanatory paragraphs are contained in IAS 1. The definition of material in IAS 8 has been replaced with a reference to IAS 1. The amendments are effective for annual reporting periods beginning on or after January 1, 2020. Earlier application is permitted. The Company is currently evaluating the impact of these amendments on its consolidated financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2019
Summary Of Significant Accounting Policies
Basis of Consolidation	3.2. Basis of consolidation The financial statements of the Group consolidates results of the Company and entities controlled by the Company and its subsidiary undertakings. Control exists when the Company, directly or indirectly, has existing rights that give the Company the current ability to direct the activities which affect the entity’s returns; the Company is exposed to or has rights to a return which may vary depending on the entity’s performance; and the Company has the ability to use its powers to affect its own returns from its involvement with the entity. Unrealized gains on transactions within the Group are eliminated. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred. Amounts reported in the financial statements of subsidiaries have been adjusted where necessary to ensure consistency with the accounting policies adopted by the Group. Business combinations are accounted for under the purchase method. The purchase method involves the recognition at fair value of all identifiable assets and liabilities, including contingent liabilities of the subsidiary, at the acquisition date, regardless of whether or not they were recorded in the financial statements of the subsidiary prior to acquisition. On initial recognition, the assets and liabilities of the subsidiary are included in the consolidated statement of financial position at their fair values. Transaction costs that the company incurs in connection with a business combination such as finder’s fees, legal fees, due diligence fees, and other professional and consulting fees are expensed as incurred. Goodwill is stated after separating out identifiable intangible assets. Goodwill represents the excess of acquisition cost over the fair value of the Group’s share of the identifiable net assets of the acquired subsidiary at the date of acquisition. Changes in controlling interest in a subsidiary that do not result in gaining or losing control are not business combinations as defined by IFRS 3. The Group adopts the “equity transaction method” which regards the transaction as a realignment of the interests of the different equity holders in the Group. Under the equity transaction method an increase or decrease in the Group’s ownership interest is accounted for as follows: · the non-controlling component of equity is adjusted to reflect the non-controlling interest revised share of the net carrying value of the subsidiaries net assets; · the difference between the consideration received or paid and the adjustment to non-controlling interests is debited or credited to a different component of equity — merger reserves; · no adjustment is made to the carrying amount of goodwill or the subsidiaries’ net assets as reported in the consolidated financial statements; and · no gain or loss is reported in the consolidated statements of income. Loss of control policy When a change in the Group’s ownership interest in a subsidiary results in a loss of control over the subsidiary, the assets and liabilities of the subsidiary including any goodwill are derecognized and a gain or loss arising thereto is accounted within Statement of Income. Amounts previously recognized in other comprehensive income in respect of that entity are also reclassified to Statement of Income.
Segment Reporting	3.3. Segment reporting IFRS 8 Operating Segments (“IFRS 8”) requires operating segments to be identified on the same basis as is used internally for the review of performance and allocation of resources by the Group’s chief operating decision maker, which is the Group’s CEO and MD. The revenues of films are earned over various formats; all such formats are functional activities of filmed entertainment and these activities take place on an integrated basis. The management team reviews the financial information on an integrated basis for the Group as a whole. The management team also monitors performance separately for individual films for at least 12 months after the theatrical release. Certain resources such as publicity and advertising, and the cost of a film are also reviewed globally. Eros has identified four geographic areas, consisting of its main geographic areas (India, North America and Europe), together with the rest of the world.
Revenue	3.4. Revenue Effective April 1, 2018, the Group has applied IFRS 15 ‘Revenue from Contracts with Customers’ which establishes a comprehensive framework for determining whether, how much and when revenue is to be recognized. IFRS 15 replaces IAS 18 ‘Revenue’, IAS 11 ‘Construction Contracts’ and several certain revenue related interpretations. The new Standard has been applied retrospectively without restatement, with the cumulative effect of initial application recognised as an adjustment to the opening balance of retained earnings at April 1, 2018. In accordance with the transition guidance, IFRS 15 has only been applied to contracts that are incomplete as at April 1, 2018. The comparative information continues to be reported under IAS 18 and IAS 11. Refer note 3.4 – Summary of Significant accounting policies – Revenue recognition in the Annual report of the Group for the year ended March 31, 2018, for revenue recognition policy as per IAS 18 and IAS 11. Refer note 39 for analysis of the impact of adoption of the standard on the financial statements of the Group. To determine whether to recognise revenue, the Group follows a 5-step process: a) Identifying the contract with a customer b) Identifying the performance obligations c) Determining the transaction price d) Allocating the transaction price to the performance obligations e) Recognising revenue when/as performance obligation(s) are satisfied Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration which the Group expects to receive in exchange for those products or services. To ensure collectability of such consideration and financial stability of the counterparty, the Group performs certain standard Know Your Client (KYC) procedures based on their geographic locations and evaluates trend of past collection from such locations. Revenue is measured based on the transaction price, which is the consideration, adjusted for any discounts and incentives, if any, as specified in the contract with the customer. Revenue also excludes taxes collected from customers. In case of revenues which are subject to change, the Group estimates the amount to be received using the “most likely amount” approach, or the “expected value” approach, as appropriate. This amount is then included in the Group’s estimate of the transaction price only if it is highly probable that a significant reversal of revenue will not occur once any uncertainty surrounding the bonus is resolved. In making this assessment the Group considers its historical performance on similar contracts. The Group recognises contract liabilities for consideration received in respect of unsatisfied performance obligations and reports these amounts as other liabilities in the statement of financial position (see Note 25). Similarly, if the Group satisfies a performance obligation before it receives the consideration, the Group recognises either a contract asset or a receivable in its statement of financial position, depending on whether something other than the passage of time is required before the consideration is due The following criteria apply in respect of various revenue streams within filmed entertainment: · In arrangements for theatrical distribution, contracted minimum guarantees are recognized on the theatrical release date. The Group’s share of box office receipts in excess of the minimum guarantee is recognized at the point as the box office receipts gets accrued. · In arrangements for television syndication, license fees received in advance which do not meet all the above criteria, including commencement of the availability for broadcast under the terms of the related licensing agreement, are included in contract liability until the criteria for recognition is met. Further in arrangements where the license fees received in advance is for a period of 12 months or more from the commencement, the company computes significant discounting component at imputed rate of interest on advances received and recognizes within net finance cost in the statement of income. Accumulated contract liability (deferred revenue) is recognized upon commencement of availability for broadcast. · In arrangements for catalogue sales, the Group recognizes revenue if revenue recognition criteria’s such as a valid sales contract exists, all content is delivered and the customer start generating economic benefits from them, the Group is reasonably certain on collectability, and the Group’s contractual obligations are complete and are met. Considering the arrangement with catalogue customers provide for a contractual deferred payment terms up to a year and in many cases the payments often fall behind contractual terms, revenues from catalogue sales are recognized net of financing component calculated at imputed market rate of interest on the gross receivables. The re-measurement of such financing period at each balance sheet date and related gains or losses is recognized within administrative costs in the Statement of Income. The unwinding of the such discount is recognized using effective interest rate within net finance cost in the Statement of Income. · Digital and ancillary media revenues are recognized at the earlier of when the content is accessed or declared. Fees received for access to the specified and unspecified future content through digital and ancillary media, including usage of over-the-top platform developed by the Group, is recognized on straight line basis over the period of the service contract. Billing in excess of the revenue recognized is shown as contract liability · DVD, CD and video distribution revenue is recognized on the date the product is delivered or if licensed in line with the above criteria. Visual effects, production and other fees for services rendered by the Group and overhead recharges are recognized in the period in which they are earned and in certain cases, the stage of production is used to determine the proportion recognized in the period.
Goodwill	3.5. Goodwill Goodwill represents the excess of the consideration transferred in a business combination over the fair value of the Group’s share of the identifiable net assets acquired. Goodwill is carried at cost less accumulated impairment losses. Gain on bargain purchase is recognized immediately after acquisition in the consolidated statement of income.
Intangible Assets	3.6. Intangible assets Intangible assets acquired by the Group are stated at cost less accumulated amortization less impairment loss, if any, except those acquired as part of a business combination, which are shown at fair value at the date of acquisition less accumulated amortization less impairment loss, if any (Film production cost and content advances are transferred to film and content rights at the point at which content is first exploited). “Eros” (the “Trade name”) is considered to have an indefinite life because of the institutional nature of the corporate brand name, its proven ability to maintain market leadership and the Group’s commitment to develop, enhance and retain its value. The carrying value is reviewed at least annually for impairment and adjusted to recoverable amount if required. Content Investments in films and associated rights, including acquired rights and distribution advances in respect of completed films, are stated at cost less amortization less provision for impairment. Costs include production costs, overhead and capitalized interest costs net of any amounts received from third party investors. A charge is made to write down the cost of completed rights over the estimated useful lives, writing off more in year one which recognizes initial income flows and then the balance over a period of up to nine years, except where the asset is not yet available for exploitation. The average life of the assets is the lesser of 10 years or the remaining life of the content rights. The amortization charge is recognized in the consolidated statement of income within cost of sales. The determination of useful life is based upon management’s judgment and includes assumptions on the timing and future estimated revenues to be generated by these assets, which are summarized in Note 38.3. Others Other intangible assets, which comprise internally generated and acquired software used within the Group’s digital, home entertainment and internal accounting activities, are stated at cost less amortization less provision for impairment. A charge is made to write down the cost of completed rights over the estimated useful lives except where the asset is not yet available for exploitation. The average life of below intangible assets ranges from 3-6 years. The amortization charge is recognized in the consolidated statements of income within administrative expenses as stated below: Life of asset Rate of Information technology assets 3 years 33 Other intangibles 3 - 6 years 17 - 33 Subsequent expenditure Expenditure on capitalized intangible assets subsequent to the original expenditure is included only when it increases the future economic benefits embodied in the specific asset to which it relates. Information technology assets An internally generated intangible asset arising from the Group’s software development activities that is expected to be completed is recognized only if all the following criteria are met: · an asset is created that can be identified (such as software and new processes); · it is probable that the asset created will generate future economic benefits; and · the development cost can be measured reliably. When these criteria are met and there are appropriate resources to complete development, the expenditure is capitalized at cost. Where these criteria are not met development expenditure is recognized as an expense in the period in which it is incurred. Internally generated intangible assets are amortized over their useful economic life from the date that they start generating future economic benefits.
Impairment Testing of Goodwill, Other Intangible Assets and Property and Equipment	3.7. Impairment testing of goodwill, other intangible assets and property and Equipment For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash-generating units). As a result, some assets are tested individually for impairment and some are tested at the cash-generating unit level. Goodwill is allocated to those cash-generating units that are expected to benefit from synergies of the related business combination and represent the lowest level within the Group at which Management monitors the related cash flows. Goodwill and Trade names are tested for impairment at least annually. All other individual assets or cash-generating units are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Management believes that due to change in the key assumptions with respect to volume growth and discount rate has resulted into impairment of Goodwill and Trade name. An impairment loss is recognized for the amount by which the asset’s or cash-generating unit’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of fair value, reflecting market conditions less costs to sell, and value in use based on an internal discounted cash flow evaluation. Impairment losses recognized for cash-generating units, to which goodwill has been allocated, are credited initially to the carrying amount of goodwill. Any remaining impairment loss is charged pro rata to the other assets in the cash generating unit. Film and content rights are stated at the lower of unamortized cost and estimated recoverable amounts. In accordance with IAS 36 Impairment of Assets, film content costs are assessed for indication of impairment on a library basis as the nature of the Group’s business, the contracts it has in place and the markets it operates in do not yet make an ongoing individual film evaluation feasible with reasonable certainty. Impairment losses on content advances are recognized when film production does not seem viable and refund of the advance is not probable. With the exception of goodwill, all assets are subsequently reassessed for indications that an impairment loss previously recognized may no longer exist.
Property and Equipment	3.8. Property and equipment Property and equipment are stated at historical cost less accumulated depreciation and impairment. Land and freehold buildings are shown at what Management believes to be their fair value, based on, among other things, periodic but at least triennial valuations by an external independent valuer, less subsequent depreciation for freehold buildings. Any accumulated depreciation at the date of revaluation is eliminated against the gross carrying amount of the asset and the net amount is restated to the revalued amount. Increases in the carrying amount arising on revaluation of freehold land and buildings are credited to other reserves in shareholders’ equity through other comprehensive income. Decreases that offset previous increases are charged against other reserves. Depreciation is provided to write-off the cost of all property and equipment to their residual value as stated below: Life of Asset Rate of WDV Freehold building 60 years 2-10 Furniture and fittings and equipment 5 years 15-20 Vehicles and machinery 3-5 years 20-30 Material residual value estimates are updated as required, but at least annually, whether or not the asset is revalued. Advance paid towards the acquisition or improvement of property and equipment not ready for use before the reporting date are disclosed as capital work-in-progress.
Inventories	3.9. Inventories Inventories primarily comprise of music CDs and DVDs, and are valued at the lower of cost and net realizable value. Cost in respect of goods for resale is defined as purchase price, including appropriate labor costs and other overhead costs. Costs in respect of raw materials is purchase price. Purchase price is assigned using a weighted average basis. Net realizable value is defined as anticipated selling price or anticipated revenue less cost to completion.
Cash and Cash Equivalents	3.10. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term highly liquid investments which are readily convertible into known amounts of cash and are subject to insignificant risk of changes in value. Bank overdrafts are shown within “Borrowings” in “Current liabilities” on the statement of financial position.
Restricted Deposits held with Banks	3.11. Restricted deposits held with banks Deposits held with banks as security for overdraft facilities are included in restricted deposits held with bank.
Financial Instruments	3.12. Financial instruments A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity. The impact of adoption of IFRS 9 “Financial Instruments” on classification as of April 1, 2018 and March 31, 2019 is explained in note 39. i. Recognition, initial measurement and derecognition Financial assets and liabilities are recognised when the Group becomes a party to the contractual provisions of the instrument. Financial assets and liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value measured on initial recognition of financial assets or financial liability. The transaction costs directly attributable to the acquisition of financial assets and financial liabilities at fair value through profit and loss are immediately recognised in the Consolidated Statement of Income. A financial asset is primarily derecognised (i.e. removed from the Group’s statement of financial position) when: a) The rights to receive cash flows from the asset have expired, or b) The Group has transferred its rights to receive cash flows under an eligible transaction. A financial liability is derecognised when the obligation under the liability is discharged or cancelled or expires. ii. Classification For the purpose of subsequent measurement, financial assets are classified into the following categories upon initial recognition: · Debt instruments at amortised cost · Debt instruments at fair value through other comprehensive income (FVTOCI) · Debt instruments, derivatives and equity instruments at fair value through profit or loss (FVTPL) · Equity instruments measured at fair value through other comprehensive income (FVTOCI) · Equity instruments measured at fair value profit or loss (FVTPL) The classification depends on the entity’s business model for managing the financial assets and the contractual terms of the cash flows. Debt instruments at amortised cost A ‘debt instrument’ is measured at the amortised cost if both the following conditions are met: 1. The asset is held within a business model whose objective is to hold assets for collecting contractual cash flows, and 2. Contractual terms of the asset give rise on specified dates to cash flows that are solely payments of principal and interest (“SPPI”) on the principal amount outstanding. After initial measurement, such financial assets are subsequently measured at amortised cost using the effective interest rate (the “EIR”) method. The effective interest rate is the rate that exactly discounts future cash receipts or payments through the expected life of the financial instrument, or where appropriate, a shorter period. Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included in finance income/other income in the Consolidated Statement of Income . The losses arising from impairment are recognised in the Consolidated Statement of Income . Debt instruments at fair value through other comprehensive income A ‘debt instrument’ is classified as at the FVTOCI if both of the following criteria are met: 1. The objective of the business model is achieved both by collecting contractual cash flows and selling the financial assets, and 2. The asset’s contractual cash flows represent SPPI. Debt instruments at fair value through profit or loss FVTPL is a residual category for debt instruments. Any debt instrument, which does not meet the criteria for categorization as at amortized cost or as FVTOCI, is classified as at FVTPL. Equity instruments All equity investments in scope of IFRS 9 are measured at fair value. Equity instruments which are held for trading are classified as at FVTPL with all changes recognised in the Consolidated Statement of Income For all other equity instruments, the Group may make an irrevocable election to present in OCI, the subsequent changes in the fair value. The Group makes such election on an instrument-by-instrument basis. If the Group decides to classify an equity instrument as at FVTOCI, then all fair value changes on the instrument, excluding dividends and impairment loss, are recognised in OCI. There is no recycling of the amounts from the OCI to the Consolidated Statement of Income , even on sale of the investment. However, the Group may transfer the cumulative gain or loss within categories of equity. iii. Impairment of financial assets In accordance with IFRS 9, the Group applies the expected credit loss (“ECL”) model for measurement and recognition of impairment loss on financial assets and credit risk exposures. ECL is the difference between all contractual cash flows that are due to the Group in accordance with the contract and all the cash flows that the entity expects to receive (i.e., all cash shortfalls), discounted at the EIR of the instrument. Lifetime ECL are the expected credit losses resulting from all possible default events over the expected life of a financial instrument. The 12-month ECL is a portion of the lifetime ECL which results from default events that are possible within 12 months after the reporting date. The Group follows ‘simplified approach’ for recognition of impairment loss allowance on trade receivables, which do not have a significant financing component as per IFRS 15. Simplified approach does not require the Group to track changes in credit risk. Rather, it recognises impairment loss allowance based on lifetime ECL at each reporting date, right from its initial recognition. For recognition of impairment loss on other financial assets and risk exposure, the Group determines that whether there has been a significant increase in the credit risk since initial recognition. If credit risk has not increased significantly, 12-month ECL is used to provide for impairment loss. However, if credit risk has increased significantly, lifetime ECL is used. If, in a subsequent period, credit quality of the instrument improves such that there is no longer a significant increase in credit risk since initial recognition, then the entity reverts to recognising impairment loss allowance based on 12-month ECL. ECL impairment loss allowance (or reversal) recognised during the period is recognised as income/ expense in the Consolidated Statement of Income iv. Classification and subsequent measurement of financial liabilities All financial liabilities are recognised initially at its fair value, adjusted by directly attributable transaction costs. The measurement of financial liabilities depends on their classification, as described below: § Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through profit or loss. Financial liabilities are classified as held for trading if they are incurred for the purpose of repurchasing in the near term. The Group does not have any financial liabilities classified at fair value through profit or loss. § Financial liabilities measured at amortised cost After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortised cost using the EIR method. Gains and losses are recognised in the Consolidated Statement of Income when the liabilities are derecognised. Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included as finance costs in the Consolidated Statement of Income
Derivative Financial Instruments	3.13. Derivative financial instruments The Group uses derivative financial instruments (“derivatives”) to reduce its exposure to interest rate movements. Derivatives are initially recognized at fair value at the date the derivative contracts are entered into and are subsequently re-measured to their fair value at the end of each reporting period. The resulting gain or loss is recognized in consolidated statements of income immediately.
Provisions	3.14. Provisions Provisions are recognized when the Group has a present legal or constructive obligation as a result of a past event, it is more likely than not that an outflow of resources will be required to settle the obligations and can be reliably measured. Provisions are measured at management’s best estimate of the expenditure required to settle the obligations at the statement of financial position date and are discounted to present value where the effect is material.
Leases	3.15. Leases Leases in which significantly all the risks and rewards incidental to ownership are not transferred to the lessee are classified as operating leases. Payments under such leases are charged to the consolidated statements of income on a straight line basis over the period of the lease.
Taxation	3.16. Taxation Taxation on profit and loss comprises current income tax and deferred income tax. Tax is recognized in the consolidated statement of income except to the extent that it relates to items recognized directly in equity or other comprehensive income in which case it is recognized in equity or other comprehensive income. Current income tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted at the reporting date along with any adjustment relating to tax payable in previous years. Deferred income tax is provided in full, using the liability method, on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. Deferred income tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted at the statement of financial position date and are expected to apply when the related deferred income tax asset is realized or the deferred income tax liability is settled in the appropriate territory. Deferred income tax in respect of undistributed earnings of subsidiaries is recognized except where the Group is able to control the timing of the reversal of the temporary difference and that the temporary difference will not reverse in the foreseeable future. Deferred income tax assets are recognized to the extent that it is probable that future taxable profit will be available against which temporary differences can be utilized. Deferred income tax assets and deferred income tax liabilities are offset if, and only if the Group has a legally enforceable right to set off current tax assets against current tax liabilities and the deferred tax assets and the deferred tax liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously, in each future period in which significant amounts of deferred tax liabilities or assets are expected to be settled or recovered.
Employee Benefits	3.17. Employee benefits The Group operates defined contribution pension plans and healthcare and insurance plans on behalf of its employees. The amounts due are all expensed as they fall due. In accordance with IFRS 2 “Share Based Payments”, the fair value of shares or options granted is recognized as personnel costs with a corresponding increase in equity. The fair value is measured at the grant date and spread over the period during which the recipient becomes unconditionally entitled to payment unless forfeited or surrendered. The fair value of share options granted is measured using the Black Scholes model or a Monte-Carlo simulation model, each taking into account the terms and conditions upon which the grants are made. At each statement of financial position date, the Group revises its estimate of the number of equity instruments expected to vest as a result of non-market-based vesting conditions. The amount recognized as an expense is adjusted to reflect the revised estimate of the number of equity instruments that are expected to become exercisable, with a corresponding adjustment to equity reserves. None of the Group plans feature any options for cash settlements. Upon exercise of share options, the proceeds received net of any directly attributable transaction costs up to the nominal value of the shares are allocated to share capital with any excess being recorded as share premium.
Foreign Currencies	3.18. Foreign currencies Transactions in foreign currencies are translated at the rates of exchange prevailing on the dates of the transactions. Monetary assets and liabilities in foreign currencies are translated at the prevailing rates of exchange at the reporting date. Non-monetary items that are measured at historical cost in a foreign currency are translated at the exchange rate at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. Any exchange differences arising on the settlement of monetary items or on translating monetary items at rates different from those at which they were initially recorded are recognized in the income statement in the period in which they arise. Non-monetary items carried at fair value that are denominated in foreign currencies are translated at rates prevailing at the date when the fair value was determined. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated. The assets and liabilities in the financial statements of foreign subsidiaries and related goodwill are translated at the prevailing rate of exchange at the statement of financial position date. Income and expenses are translated at the monthly average rate. The exchange differences arising from the retranslation of the foreign operations are recognized in other comprehensive income and taken in to the “currency translation reserve” in equity. On disposal of a foreign operation the cumulative translation differences (including, if applicable, gains and losses on related hedges) are transferred to the consolidated statement of income as part of the gain or loss on disposal.
Equity Shares	3.19. Equity shares Equity shares are classified as equity. The Group defers costs in issuing or acquiring its own equity instruments to the extent they are incremental costs directly attributable to an equity transaction that otherwise would have been avoided. Such costs are accounted for as a deduction from equity (net of any related income tax benefit) upon completion of the equity transaction. The costs of an equity transaction which is abandoned is recognized as an expense.
Earnings Per Share	3.20. Earnings per share Basic earnings per share is computed using the weighted average number of ordinary shares outstanding during the period. Diluted earnings per share is computed by considering the impact of the potential issuance of ordinary shares, using the treasury stock method, on the weighted average number of shares outstanding during the period except where the results would be anti-dilutive.
Current/Non-current classification	3.21. Current/Non-current classification The Group presents assets and liabilities in the statement of financial position based on current/non-current classification. An asset is current when it is: · Expected to be realised or intended to sold or consumed in the normal operating cycle (*) · Held primarily for the purpose of trading · Expected to be realised within twelve months after the reporting period or · Cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period All other assets are classified as non-current. (*) The operating cycle for the business activities of the Group is considered to be twelve months except in case of catalogue sales, which have been ascertained as two years for the purpose of current / non-current classification of assets. A liability is current when: · It is expected to be settled in the normal operating cycle · It is held primarily for the purpose of trading · It is due to be settled within twelve months after the reporting period or · There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period The Group classifies all other liabilities as non-current. Deferred tax assets and liabilities are classified as non-current assets and liabilities.

Going Concern (Tables)

Going Concern (Tables)	12 Months Ended
	Mar. 31, 2019
Going Concern And Impairment Of Non-current Assets
Disclosure of Information for Cash-Generating Units	Assumptions As at As at Growth rate applied beyond approved forecast period 4% 4% Pre-tax discount rate 21% 19%
Disclosure of Impairment Sensitivity	(in millions) As at Increase in discount rate by 1% $ 54 Decrease in long term growth rate applied beyond approved forecast period by 1% $ 30 Decrease in projected volume by 1% $ 63

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 31, 2019
Summary Of Significant Accounting Policies
Disclosure of Other Intangible Assets	Life of asset Rate of Information technology assets 3 years 33 Other intangibles 3 - 6 years 17 - 33
Disclosure of Property and Equipment	Life of Asset Rate of WDV Freehold building 60 years 2-10 Furniture and fittings and equipment 5 years 15-20 Vehicles and machinery 3-5 years 20-30

Business Segmental Data (Tables

Business Segmental Data (Tables)	12 Months Ended
	Mar. 31, 2019
Business Segmental Data
Schedule of Segment by Geographical Areas	Year ended March 31 2019 2018 2017 (in thousands) Revenue by region of domicile of Group’s operation India $ 100,387 $ 98,073 $ 121,966 Europe 63,196 27,028 25,686 North America 1,759 1,244 2,549 Rest of the world 104,784 134,908 102,793 Total Revenue(*) $ 270,126 $ 261,253 $ 252,994 Year ended March 31 2019 2018 2017 (in thousands) Revenue by region of domicile of customer’s location India $ 116,078 $ 109,986 $ 129,251 Europe 2,345 7,739 7,695 North America 5,682 5,147 10,132 Rest of the world 146,021 138,381 105,916 Total Revenue(*) $ 270,126 $ 261,253 $ 252,994 Year ended March 31 2019 2018 2017 (in thousands) Revenue by source(**) Theatrical $ 69,542 $ 79,069 $ 101,023 Satellite content licensing 77,453 97,168 88,013 Digital and other ancillary 123,131 85,016 63,958 Total Revenue(*) $ 270,126 $ 261,253 $ 252,994 (*) net of significant discounting component $34,467 (2018: $6,816 and 2017: Nil) (**) catalogue sales is apportioned in a specified ratio between theatrical, satellite content licensing and digital and other ancillary revenues. Total India North Europe Rest of the (in thousands) Non-current assets(*) As of March 31, 2019 $ 722,043 $ 336,431 $ 4 $ 34,217 $ 351,391 As of March 31, 2018 $ 1,032,736 $ 354,843 $ 7 $ 18,678 $ 659,208 (*) non-current assets include property and equipment, intangibles assets (tradename, content and others) goodwill and restricted deposit by geographic area.

Nature of Expenses (Tables)

Nature of Expenses (Tables)	12 Months Ended
	Mar. 31, 2019
Nature Of Expenses
Schedule of Nature of Expenses	Year ended March 31 2019 2018 2017 (in thousands) Publicity and advertisement costs $ 19,779 $ 12,684 $ 17,152 Film distribution costs 5,462 6,739 11,772 Amortization expenses 130,155 115,285 135,316 Personnel costs 37,015 35,661 42,902 Rent expenses 1,916 1,359 1,559 Legal and professional expenses 6,980 8,204 4,697 Provision for trade and other receivables — 1,968 2,430 Bad debt — 2,772 — Credit impairment loss, net 25,741 4,308 — Depreciation and amortization of other intangibles 2,263 2,991 2,898 Impairment charge on goodwill (Refer note 14) — 1,205 — Impairment loss on content advances — 353 1,625 Impairment loss on advances to content vendors 7,284 — 262 Other – expenses 5,935 9,208 6,936 $ 242,530 $ 202,737 $ 227,549

Personnel Costs (Tables)

Personnel Costs (Tables)	12 Months Ended
	Mar. 31, 2019
Personnel Costs Abstract
Schedule of Personnel Costs	Year ended March 31 2019 2018 2017 (in thousands) Salaries $ 14,591 $ 16,790 $ 18,590 Social security and other employment charges 831 916 792 Salaries and other charges 15,422 17,706 19,382 Share based compensation (Refer Note 28) 21,561 17,918 23,471 Pension charges 32 37 49 $ 37,015 $ 35,661 $ 42,902
Schedule of Key Management Compensation	Year ended March 31 Key management compensation 2019 2018 2017 (in thousands) Salaries $ 4,010 $ 4,919 $ 5,062 Share based compensation 13,859 11,519 15,946 Pension charges 21 16 38 $ 17,890 $ 16,454 $ 21,046

Net Finance Costs (Tables)

Net Finance Costs (Tables)	12 Months Ended
	Mar. 31, 2019
Net Finance Costs
Schedule of Net Finance Costs	Year ended March 31 2019 2018 2017 (in thousands) Interest on borrowings* $ 33,530 $ 32,556 $ 25,828 Reclassification of cash flow hedge to consolidated statements of income — 375 804 Total interest expense (*) 33,530 32,931 26,632 Capitalized interest on eligible film rights and content advances (9,437 ) (13,263 ) (7,111 ) Total finance costs 24,093 19,668 19,521 Less: Interest income Unwinding of interest (13,227 ) (932 ) — Bank deposits (3,192 ) (923 ) (2,365 ) Total finance income (16,419 ) (1,855 ) (2,365 ) $ 7,674 $ 17,813 $ 17,156 (*)

Other (Gains)_Losses (Tables)

Other (Gains)/Losses (Tables)	12 Months Ended
	Mar. 31, 2019
Other Gainslosses
Schedule of Other (Gains)/Losses	Year ended March 31 2019 2018 2017 (in thousands) Foreign exchange (loss)/gain, net $ 5,610 $ (6,250 ) $ 3,872 Gain/(loss) on sale of property and equipment (97 ) 2 (22 ) Gain on available-for-sale financial assets (Refer note 17) 37 — 58 Impairment charge on available -for- sale financial assets (Refer note 17) — (2,436 ) — (Loss) on de-recognition of financial assets measured at amortized cost net (*) (5,988 ) (3,562 ) — Mark to market gain/(loss) on derivative financial instrument measured at fair value through profit and loss account (Refer note 26) (902 ) — 10,297 (Loss) on settlement of derivative financial instruments — (586 ) — (Loss) on financial liability (convertible notes) measured at fair value through profit and loss account (Refer note 23) (21,398 ) (13,840 ) — (Loss) on deconsolidation of a subsidiary (Refer note 4) — (14,649 ) — Reversal of expected credit loss 20,698 — — Credit from Government of India 2,328 — — $ 288 $ (41,321 ) $ 14,205

Income Tax Expense (Tables)

Income Tax Expense (Tables)	12 Months Ended
	Mar. 31, 2019
Income Tax Expense
Schedule of Income Tax Expense	Year ended March 31 2019 2018 2017 (in thousands) Current income tax expense $ 17,372 $ 5,556 $ 7,822 Deferred income tax (benefit) / charge (10,044 ) 3,571 3,217 Income tax expenses $ 7,328 $ 9,127 $ 11,039
Schedule of Reconciliation of Income Tax Expense	Year ended March 31 2019 2018 2017 (in thousands) (Loss)/Profit before tax $ (403,125 ) $ (618 ) $ 22,494 Income tax expense at tax rates applicable to individual entities 6,814 7,358 10,003 Tax effect of: Adjustments in respect of current income tax of previous years (762 ) 657 375 Changes in tax rates on temporary differences brought forward 232 (168 ) — Items not deductible for income tax 688 486 815 Utilisation of unrecognised tax losses 356 794 — Others — — (154 ) Income tax expense $ 7,328 $ 9,127 $ 11,039

Deferred Income Tax Assets an_2

Deferred Income Tax Assets and Liabilities (Tables)	12 Months Ended
	Mar. 31, 2019
Deferred Income Tax Assets And Liabilities
Disclosure of Movement in Deferred Tax Assets and Liabilities	As At March 31, 2019 Opening Impact of adoption of IFRS 9 Recognized Exchange Closing (in thousands) Deferred tax assets: Minimum alternate tax carry-forward $ 927 — $ (778 ) $ (61 ) $ 88 Property and equipment 83 — (2 ) (5 ) 76 Credit impairment loss — 673 4,385 (14 ) 5,044 Others 2,442 — 984 (116 ) 3,310 Total income deferred tax asset $ 3,452 673 $ 4,589 $ (196 ) $ 8,518 Deferred income tax liabilities: Property and equipment (776 ) — 142 10 (624 ) Intangible assets (41,815 ) — 5,313 2,473 (34,029 ) Others (29 ) — — — (29 ) Total deferred income tax liability $ (42,620 ) — $ 5,455 $ 2,483 $ (34,682 ) Net deferred tax (liability) $ (39,168 ) 673 $ 10,044 $ 2,287 $ (26,164 ) As at March 31, 2019 Deferred income tax asset $ 1,263 Deferred income tax liability $ (27,427 ) As At March 31, 2018 Opening Recognized Exchange Closing (in thousands) Deferred tax assets: Minimum alternate tax carry-forward $ 11,749 $ (10,882 ) $ 60 $ 927 Property and equipment 155 (72 ) — 83 Others 1,082 1,440 (80 ) 2,442 Total income deferred tax asset $ 12,986 $ (9,514 ) $ (20 ) $ 3,452 Deferred income tax liabilities Property and equipment (1,228 ) 452 — (776 ) Intangible assets (47,590 ) 5,491 284 (41,815 ) Others (29 ) — — (29 ) Total deferred income tax liability $ (48,847 ) $ 5,943 $ 284 $ (42,620 ) Net deferred tax (liability) $ (35,861 ) $ (3,571 ) $ 264 $ (39,168 ) As at March 31, 2018 Deferred income tax asset $ 351 Deferred income tax liability $ (39,519 ) As At March 31, 2017 Opening Recognized Exchange Closing (in thousands) Deferred tax assets: Minimum alternate tax carry-forward $ 14,170 $ (2,621 ) $ 200 $ 11,749 Property and equipment 57 95 3 155 Others 834 216 32 1,082 Total income deferred tax asset $ 15,061 $ (2,310 ) $ 235 $ 12,986 Deferred income tax liabilities: Property and equipment (1,247 ) 24 (5 ) (1,228 ) Intangible assets (45,714 ) (917 ) (959 ) (47,590 ) Others (14 ) (14 ) (1 ) (29 ) Total deferred income tax liability $ (46,975 ) $ (907 ) $ (965 ) $ (48,847 ) Net deferred tax (liability) / asset $ (31,914 ) $ (3,217 ) $ (730 ) $ (35,861 ) As at March 31, 2017 Deferred income tax asset $ 112 Deferred income tax liability $ (35,973 )

Earnings Per Share (EPS) (Table

Earnings Per Share (EPS) (Tables)	12 Months Ended
	Mar. 31, 2019
Earnings Per Share
Schedule of Earnings Per Share	2019 2018 2017 Basic Diluted Basic Diluted Basic Diluted (in thousands, except number of shares and earnings per share) (Loss)/earnings Earnings attributable to the equity holders of the parent $ (423,867 ) (423,867 ) $ (22,575 ) (22,575 ) $ 3,805 $ 3,805 Potential dilutive effect related to share based compensation scheme in subsidiary undertaking — (197 ) — (475 ) — (673 ) Adjusted earnings attributable to equity holders of the parent $ (423,867 ) (424,064 ) $ (22,575 ) (23,050 ) $ 3,805 $ 3,132 Number of shares Weighted average number of shares 70,706,579 70,706,579 62,151,155 62,151,155 59,410,292 59,410,292 Potential dilutive effect related to share based compensation scheme — 1,463,640 — 1,331,211 — 1,532,839 Adjusted weighted average number of shares 70,706,579 72,170,219 62,151,155 63,482,366 59,410,292 60,943,131 (Loss)/earnings per share (Loss)/earnings attributable to the equity holders of the parent per share (cents) (599.5 ) (599.5 ) (36.3 ) (36.3 ) 6.4 5.1

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Mar. 31, 2019
Property And Equipment
Schedule of Changes in Property and Equipment	As At March 31, 2019 Land Furniture, Vehicles Machinery Total (in thousands) Opening net carrying amount $ 8,481 $ 348 $ 698 $ 476 $ 10,003 Exchange difference (292 ) (12 ) (43 ) (12 ) (359 ) Revaluation 1,745 — — — 1,745 Additions 207 16 116 394 733 Reclassification and other adjustment (61 ) 2 — (59 ) Disposals (449 ) (56 ) — (65 ) (570 ) Adjustment of depreciation on disposal 367 39 — 61 467 Depreciation charge (497 ) (75 ) (224 ) (253 ) (1,049 ) Balance as at March 31, 2019 $ 9,562 $ 199 $ 549 $ 601 $ 10,911 Capital work-in-progress $ 10 Net carrying value as at March 31, 2019 $ 10,921 As At March 31, 2018 Land Furniture, Vehicles Machinery Total (in thousands) Opening net carrying amount $ 8,791 $ 432 $ 504 $ 606 $ 10,333 Exchange difference (20 ) — (4 ) (2 ) (26 ) Additions 393 31 422 181 1,027 Disposals — (91 ) (468 ) (227 ) (786 ) Adjustment of depreciation on disposal — 79 420 221 720 Depreciation charge (683 ) (103 ) (176 ) (303 ) (1,265 ) Balance as at March 31, 2018 $ 8,481 $ 348 $ 698 $ 476 $ 10,003 Capital work-in-progress $ 10 Net carrying value as at March 31, 2018 $ 10,013
Schedule of Carrying Value of Property and Equipment	As At March 31, 2019 (in thousands) Cost or valuation $ 13,858 $ 1,759 $ 1,389 $ 4,318 $ 21,324 Accumulated depreciation (4,296 ) (1,560 ) (840 ) (3,717 ) (10,413 ) Net carrying amount $ 9,562 $ 199 $ 549 $ 601 $ 10,911 Capital work-in-progress $ 10 Net carrying value as at March 31, 2019 $ 10,921 As At March 31, 2018 (in thousands) Cost or valuation $ 12,647 $ 1,872 $ 1,314 $ 4,001 $ 19,834 Accumulated depreciation (4,166 ) (1,524 ) (616 ) (3,525 ) (9,831 ) Net carrying amount $ 8,481 $ 348 $ 698 $ 476 $ 10,003 Capital work-in-progress $ 10 Net carrying value as at March 31, 2018 $ 10,013

Goodwill and Trade Name (Tables

Goodwill and Trade Name (Tables)	12 Months Ended
	Mar. 31, 2019
Goodwill And Trade Name
Schedule of Reconciliation of Changes in Goodwill and Trade Name	Goodwill Trade (in thousands) Balance As At March 31, 2019 $ — $ — Balance As At March 31, 2018 $ 3,800 $ 14,000 Goodwill Amount in US$ Balance as at March 31, 2017 $ 4,992 Foreign currency translation 13 Impairment (Refer note 6) (1,205 ) Balance as at March 31, 2018 3,800 Foreign currency translation — Impairment (Refer note 2 (b)) (3,800 ) Balance as at March 31, 2019 $ —

Intangible Content Assets (Tabl

Intangible Content Assets (Tables)	12 Months Ended
	Mar. 31, 2019
Intangible Content Assets
Schedule of Intangible Content Assets	Gross Accumulated Impairment Content As at March 31, 2019 Film and content rights $ 1,675,406 $ (954,628 ) $ (366,703 ) $ 354,075 Content advances 378,268 — (38,832 ) 339,436 Film productions 13,061 — — 13,061 Non-current content assets $ 2,066,735 $ (954,628 ) $ (405,535 ) $ 706,572 As at March 31, 2018 Film and content rights $ 1,493,099 (854,991 ) — $ 638,108 Content advances 349,568 — — 349,568 Film productions 10,867 — — 10,867 Non-current content assets $ 1,853,534 (854,991 ) — $ 998,543
Schedule of Reconciliation of Changes in Intangible Content Assets	As At ended March 31 2019 2018 (in thousands) Film productions Opening balance $ 10,867 $ 3,931 Additions 3,413 10,521 Exchange difference (775 ) (17 ) Transfer to film and content rights (444 ) (3,568 ) Closing balance $ 13,061 $ 10,867 Content advances Opening balance $ 349,568 $ 266,232 Additions (*) 261,002 221,251 Reclassifications (**) (65 ) Exchange difference (12,314 ) (1,100 ) Impairment loss (Refer to Note 2 (b)) (38,832 ) (353 ) Transfer to film and content rights (219,923 ) (136,462 ) Closing balance $ 339,436 $ 349,568 Film and content rights Opening balance $ 638,108 $ 634,465 Amortization (130,155 ) (115,285 ) Exchange difference (7,542 ) (414 ) Impairment loss (Refer to Note 2 (b)) (366,703 ) — Deconsolidation — (20,688 ) Transfer from film productions and content advances 220,367 140,030 Closing balance $ 354,075 $ 638,108 (#) (*) (**)

Intangible Assets - Other (Tabl

Intangible Assets - Other (Tables)	12 Months Ended
	Mar. 31, 2019
Intangible Assets - Other
Schedule of Reconciliation of Changes to Other Intangible Assets	As At March 31, 2019 (in thousands) Information technology assets Other Total Opening net carrying amount as on March 31, 2018 $ 1,449 $ 3,831 $ 5,280 Exchange difference — (148 ) (148 ) Additions — 907 907 Disposal and reclassification 59 (1,090 ) (1,031 ) Amortization charge (304 ) (910 ) (1,214 ) Closing net carrying amount as on March 31, 2019 $ 1,204 $ 2,590 $ 3,794 As At March 31, 2018 (in thousands) Information technology assets Other Total Opening net carrying amount as on March 31, 2017 $ 2,160 $ 2,200 $ 4,360 Exchange difference — (7 ) (7 ) Additions 205 2,450 2,655 Disposals — (2 ) (2 ) Amortization charge (916 ) (810 ) (1,726 ) Closing net carrying amount as on March 31, 2018 $ 1,449 $ 3,831 $ 5,280
Schedule of Other Intangible Assets	Life of asset Rate of Information technology assets 3 years 33 Other intangibles 3 - 6 years 17 - 33

Available-For-Sale Financial _2

Available-For-Sale Financial Assets (Tables)	12 Months Ended
	Mar. 31, 2019
Available-for-sale Financial Assets
Schedule of Available-For-Sale Financial Assets	As At March 31 2019 2018 (in thousands) Non – Current Investments Valuable Technologies Limited $ 2,000 $ 11,097 LMB Holdings Limited 650 16,000 Cloudstream Media Inc — 160 $ 2,650 $ 27,257 Current Investments Polyxo Global Limited $ 1,042 $ — $ 1,042 $ — $ 3,692 $ 27,257
Disclosure of Measurements of Financial Assets	Financial Assets at FVTPL Financial Assets at FVTOCI As at March 31, 2017 $ 29,613 $ — Additions 80 — Total gain or (losses): — — -profit and loss: (2,436 ) — Disposals — — As at March 31, 2018 27,257 — Reclassification (27,257 ) 27,257 Additions 1,005 80 Fair valuation gain / (loss) 37 (24,687 ) As at March 31, 2019 $ 1,042 $ 2,650

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Mar. 31, 2019
Inventories - Schedule Of Inventories
Schedule of Inventories	As At March 31 2019 2018 (in thousands) Goods for resale $ 435 $ 353 $ 435 $ 353

Trade and Other Receivables (Ta

Trade and Other Receivables (Tables)	12 Months Ended
	Mar. 31, 2019
Trade And Other Receivables
Schedule of Trade and Other Receivables	As at March 31, March 31, Trade accounts receivables at fair value (*) Trade accounts receivables $ 156,026 — Credit impairment (loss) (26,133 ) — Fair Value gain/(loss) (4,664 ) — Trade accounts receivables net 125,229 — Trade accounts receivables at amortised cost Trade accounts receivables $ 86,331 $ 235,191 Credit impairment (loss) (15,202 ) (10,193 ) Trade accounts receivables net 71,129 224,998 Total Trade accounts receivables $ 196,358 $ 224,998 Balance with statutory authorities 7,672 5,759 Accrued interest 2,188 843 Advance to content vendor 3,462 10,761 Derivative asset — 282 Prepaid charges 1,790 2,700 Unbilled revenues 1,717 5,592 Other receivables 2,023 3,288 Trade and other receivables $ 215,210 $ 254,223 Current 205,145 245,079 Non-current 10,065 9,144 $ 215,210 $ 254,223 (*)
Schedule of Age of Financial Assets Past Due but not Impaired	As At March 31 2019 2018 (in thousands) Not more than three months 44,687 40,249 More than three months but not more than six months 15,948 21,102 More than six months but not more than one year 15,310 15,813 More than one year 8,796 37,752 $ 84,741 $ 114,916
Schedule of Movement in Trade and Other Receivables for Expected Credit Losses	Year ended March 31, 2019 Trade Other Total Balance at the beginning of the period $ 10,193 $ — $ 10,193 Impact of adoption of IFRS 9 18,050 447 18,497 Balance as on April 1, 2018 28,243 447 28,690 Charged to operations** 60,208 7,284 67,492 Unwinding of expected credit loss (included in finance income)*** (13,227 ) — (13,227 ) Reversal of expected credit loss (included in other gains/(losses)) (20,698 ) — (20,698 ) Translation adjustment (160 ) — (160 ) Bad debts (13,031 ) (7,284 ) (20,315 ) Balance at the end of the period $ 41,335 $ 447 $ 41,782 **of the above, the incremental impact on account of adoption of IFRS 15 and IFRS 9 is $24,273 and $10,673 respectively, in addition to $10,194 and $22,352 reported under earlier adopted standards i.e. IAS 18 and IAS 39 respectively. *** of the above, the incremental impact on account of adoption of IFRS 9 is $2,209, in addition to $11,018 reported under earlier adopted standard i.e. IAS 39. Year ended March 31, 2018 Trade Other Total Balance at the beginning of the period $ 163 $ — $ 163 Charged to operations 13,734 — 13,734 Unwinding of expected credit loss (included in finance income) (932 ) — (932 ) Bad debts (2,772 ) — (2,772 ) Balance at the end of the period $ 10,193 $ — $ 10,193

Trade and Other Payables (Table

Trade and Other Payables (Tables)	12 Months Ended
	Mar. 31, 2019
Trade And Other Payables
Schedule of Trade and Other Payables	As At March 31 2019 2018 (in thousands) Trade accounts payable $ 25,299 $ 16,886 Accruals and other payables (includes creditors for content assets of $16,139 (2018: $19,809)) 32,888 31,955 Contract liability (deferred revenue) 12,260 10,642 Accrued interest 2,395 2,546 Value added taxes and other taxes payable 10,645 10,113 $ 83,487 $ 72,142

Cash and Cash Equivalents (Tabl

Cash and Cash Equivalents (Tables)	12 Months Ended
	Mar. 31, 2019
Cash And Cash Equivalents
Schedule of Cash and Cash Equivalents	As At March 31 2019 2018 (in thousands) Cash at bank and in hand $ 89,117 $ 87,762 $ 89,117 $ 87,762

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
	Mar. 31, 2019
Operating Leases
Disclosure of Detailed Information About Future Minimum Rental Payments in Respect of Operating Leases	As At March 31 2019 2018 (in thousands) Within one year $ 401 $ 149 Within two to five years 865 267 $ 1,266 $ 416

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Mar. 31, 2019
Borrowings Disclosure Abstract
Schedule of Detailed Information about Borrowings	Long-Term borrowings Nominal As At March 31 Interest Rate Maturity 2019 2018 (in thousands) Asset backed borrowings Vehicle loan 2.5 - 9.5% 2017-22 $ 382 $ 560 Term loan MCLR +3.2% - 4.50% 2019-22 12,947 22,430 Term loan BR + 2.75% 2020-21 1,083 1,766 Term loan 10.39% - 13.75% 2020-23 251 9,580 $ 14,663 34,336 Unsecured borrowings Retail bond 6.50% 2021-22 65,215 70,055 Convertible notes (1) 14.23% 2020-21 68,349 86,010 $ 133,564 $ 156,065 Cumulative effect of unamortised costs (691 ) (1,210 ) Installments due within one year: Convertible notes (68,349 ) (53,500 ) Others (7,267 ) (10,708 ) $ 71,920 $ 124,983 Long-term borrowings at fair value — $ 32,510 Long-term borrowings at amortised cost $ 71,920 $ 92,473 Short-Term borrowings Nominal As at March 31 interest rate (%) 2019 2018 (in thousands) Asset backed borrowings Export credit, bill discounting and overdraft MCLR +.40% to 4.60% $ 32,078 $ 36,760 Export credit, bill discounting and overdraft Base Rate + 0.5% to 1% 3,533 4,021 Export credit, bill discounting and overdraft 6.01% - 15.25% 26,719 23,963 Short term loan (2 &3) 3.25% - 15.75% 70,962 23,011 $ 133,292 $ 87,755 Unsecured borrowings Installments due within one year on long-term borrowings 75,616 64,208 $ 208,908 $ 151,963 Short-term borrowings at fair value 68,349 53,500 Short-term borrowings at amortized cost 140,559 98,463 (1) Eros International Plc. (“issuer”) issued Senior Convertible Notes (SCN or convertible notes) on December 06, 2017 amounting to $122,500 principal amount and option to purchase warrants up to 2,000 of A ordinary share for a term of 6 months at an offer price of $100,000 by private placement. The notes are payable in equal installments of $3,500 per month for 35 months starting December 31, 2017. The installments can be paid either in cash or can be converted into A ordinary equity shares of the issuer at the option of the issuer as per the terms of the arrangement. The holder of the notes can defer the payment of the amount due on any instalment dates to another instalment date as well as has the right to accelerate the payment on the notes as per the terms of the agreement The Company has classified the instrument as a financial liability at fair value through profit or loss. The Company has used the Black – Scholes option pricing model to value the share warrants exercisable within six months and the Monte-Carlo simulation model to obtain the fair value of the convertible notes. The initial fair value of the financial liability recognized on the date of issue was $100,055. Fair value of the financial liability outstanding as at the date of reporting is $68,349 (2018: $86,010) The mark-to-market loss and interest expenses for the year ended March 31, 2019 amounting $21,398 (2018: $13,840) and $10,682 (2018: $4,338) have been recognized within other gain/(losses) and net finance cost, respectively, net in the Statement of Income. The option to purchase warrants has expired in June 2018. 2. Secured by pledge of shares held in the Group’s majority owned subsidiary, Eros International Media Limited, India. 3. The Company has placed time deposits of $56,614 (2018: $7,468) against above several short -term borrowings which has been disclosed as restricted deposits. 4. For the twelve months ended March 31, 2019 capitalization rate of interest was 10.21% (2018: 11.5%)

Acceptances (Tables)

Acceptances (Tables)	12 Months Ended
	Mar. 31, 2019
Acceptances - Schedule Of Other Financial Liabilities
Schedule of Other Financial Liabilities	As At March 31 2019 2018 (in thousands) Payable under the film financing arrangements $ 8,366 $ 8,898 $ 8,366 $ 8,898

Other Long-Term Liabilities (Ta

Other Long-Term Liabilities (Tables)	12 Months Ended
	Mar. 31, 2019
Other Long-term Liabilities
Schedule of Other Long-Term Liabilities	As At March 31 2019 2018 (in thousands) Contract liability (deferred revenue) (*) $ 13,271 $ 2,326 Employee benefit obligation 627 747 $ 13,898 $ 3,073 (*)

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
	Mar. 31, 2019
Derivative Financial Instruments
Schedule of Derivative Financial Instruments	As At March 31 2019 2018 (in thousands) Non-Current Derivative liabilities – Held for trading Interest rate cap $ 620 $ — $ 620 $ —

Issued Share Capital (Tables)

Issued Share Capital (Tables)	12 Months Ended
	Mar. 31, 2019
Issued Share Capital
Schedule of Issued Share Capital	Number of GBP Authorized (in thousands) Ordinary shares of 30p each at March 31, 2018 100,000,000 30,000 Ordinary shares of 30p each at March 31, 2019 (*) 150,000,000 45,000 (*) Number of Shares USD Allotted, called up and fully paid A Ordinary (*) B Ordinary (*) (in thousands) As at March 31, 2017 41,312,202 19,379,382 $ 31,877 Issue of shares in the quarter ended June 30, 2017 12,000 — 5 Issue of shares in the quarter ended September 30, 2017 288,291 — 114 Issue of shares in the quarter ended December 31, 2017 1,681,520 — 657 Transfer of B Ordinary to A Ordinary share 9,666,667 (9,666,667 ) — Issue of shares in the quarter ended Mar 31, 2018 2,757,743 2,681 As at March 31, 2018 55,718,423 9,712,715 $ 35,334 Issue of shares in the quarter ended June 30, 2018 2,747,645 — 1,138 Issue of shares in the quarter ended September 30, 2018 3,773,385 — 1,471 Issue of shares in the quarter ended December 31, 2018 1,659,767 — 641 Transfer of B Ordinary to A Ordinary share 1,500,000 (1,500,000 ) — Issue of shares in the quarter ended March 31, 2019 1,892,518 — 742 As at March 31, 2019 67,291,738 8,212,715 $ 39,326 (*) Number of Shares March 31, 2019 2018 Issuance to Founders Group (**) 1,769,911 1,421,520 Issuance towards settlement of Convertible notes 4,411,359 2,624,668 Exercise against Restricted Share Unit/ Management scheme (*****) 770,541 683,158 Issuance towards Reliance Industries Limited (***) 3,111,088 — 2015 Share Plan (****) 10,416 10,208 Total 10,073,315 4,739,554 (*) (**) (***) (****) (*****)

Share Based Compensation Plans

Share Based Compensation Plans (Tables)	12 Months Ended
	Mar. 31, 2019
Share Based Compensation Plans
Schedule of Compensation Cost Recognized	Year ended March 31 2019 2018 2017 (in thousands) IPO India Plan $ 1,198 $ 1,572 $ 2,140 JSOP Plan — 615 3,622 Option award scheme 2012 — 197 699 2014 Share Plan 47 (22 ) 1,427 2015 Share Plan (*) 3,059 100 328 Other share option awards (**) 5,346 7,283 4,405 Management scheme (staff share grant) (***) 11,911 8,173 10,850 $ 21,561 $ 17,918 $ 23,471 (*) (**) (***)
Schedule of Movement in Shares Held by the Joint Stock Ownership Plan Trust	Year ended March 31 2019 2018 2017 Shares held at the beginning of the year 1,146,955 1,146,955 1,239,497 Shares granted — — — Shares exercised — — (92,542 ) Shares forfeiture/lapsed (762,093 ) — — Shares held at the end of the year 384,862 1,146,955 1,146,955 Unallocated shares held by trust 868,794 106,701 106,701 1,253,656 1,253,656 1,253,656
Schedule of Range of Exercise Prices of Grants under Stock Option Plans and Stock Awards	Range of IPO India Plan INR10 – 150 JSOP Plan $ 11.00 2014 Share Plan $16.25– 18.30 2015 Share Plan $10.2– 33.12 Other share option plans $ 16.00 Restricted Share Unit (RSU) — Management Share Award —
Schedule of Employee Stock Option Plan Activity	Year ended March 31 2019 2018 2017 Name of Plan Number of shares Weighted average exercise price Number of shares Weighted average exercise price Number of shares Weighted average exercise price Outstanding at the beginning of the year IPO India Plan 1,624,035 INR 28.85 2,108,063 INR 34.96 2,196,215 INR 35.17 Granted — — 863,320 10.00 269,381 10.00 Exercised (536,263) 10.00 (1,113,160 ) 32.19 (269,553 ) 10.00 Forfeited and lapsed (329,886) 51.66 (234,188 ) 10.00 (87,980 ) 10.00 Outstanding at the end of the year 757,886 32.17 1,624,035 28.85 2,108,063 34.96 Exercisable at the end of the year 289,002 INR 68.13 501,122 INR 65.14 911,854 INR 63.75 Outstanding at the beginning of the year IPO Plan June 2006 — — — — 62,438 GBP 5.28 Granted — — — — — — Exercised — — — — (62,438) 5.28 Forfeited and lapsed — — — — —- Outstanding at the end of the year — — — — — — Exercisable at the end of the year — — — — — GBP — Outstanding at the beginning of the year JSOP Plan 1,146,955 $ 16.22 1,146,955 $ 16.22 1,239,497 $ 14.98 Granted — — — — — — Exercised — — — — (92,542 ) 11 Forfeited and lapsed (762,093) 18.86 — — — — Outstanding at the end of the year 384,862 $ 11.00 1,146,955 $ 16.22 1,146,955 $ 16.22 Exercisable at the end of the year 384,862 $ 11.00 728,736 $ 11.00 728,736 $ 11.00 Outstanding at the beginning of the year Option award scheme 2012 674,045 $ 11.00 674,045 $ 11.00 674,045 $ 11.00 Granted — — — — — — Exercised — — — — — — Forfeited and lapsed (674,045) 11.00 — — — — Outstanding at the end of the year — — 674,045 11.00 674,045 11.00 Exercisable at the end of the year — — 674,045 $ 11.00 449,363 $ 11.00 Outstanding at the beginning of the year 2014 Share Plan 399,999 $ 17.79 723,749 $ 18.06 773,749 $ 17.86 Granted — — — — — — Exercised — — — — — — Forfeited and lapsed — — (323,750 ) 18.39 (50,000 ) 14.97 Outstanding at the end of the year 399,999 17.79 399,999 17.79 723,749 18.06 Exercisable at the end of the year 399,999 $ 17.79 289,583 $ 17.67 288,333 $ 17.80 Outstanding at the beginning of the year 2015 Share Plan 211,250 $ 16.21 233,750 $ 16.23 282,500 $ 16.68 Granted 1,305,399 14.86 — — — — Exercised (10,416 ) 7.92 (10,208 ) 8.71 (8,750 ) 8.84 Forfeited and lapsed (215,834 ) 18.23 (12,292 ) 14.64 (40,000 ) 18.68 Outstanding at the end of the year 1,290,399 14.68 211,250 16.21 233,750 16.23 Exercisable at the end of the year 981,545 $ 14.66 181,354 $ 17.36 127,604 $ 17.46 Outstanding at the beginning of the year Other share option plans 500,000 $ 18.88 500,000 $ 18.88 1,000,000 18.44 Granted — — — — — — Exercised — — — — — — Forfeited and lapsed — — — — (500,000 ) 18 Outstanding at the end of the year 500,000 16.00 500,000 18.88 500,000 18.88 Exercisable at the end of the year 400,000 $ 16.00 300,000 $ 18.88 200,000 $ 18.88 Outstanding at the beginning of the year RSU 837,590 — 182,725 — 72,480 — Granted 211,567 — 1,044,290 — 216,735 — Exercised (450,541 ) — (366,491 ) — (95,990 ) — Forfeited and lapsed (93,225 ) — (22,934 ) — (10,500 ) — Outstanding at the end of the year 505,391 — 837,590 — 182,725 — Exercisable at the end of the year 32,013 — 119,150 — 12,445 — Outstanding at the beginning of the year Management Scheme 1,513,333 — 1,130,000 — 910,000 — Granted 1,400,000 — 700,000 — 670,000 — Exercised (320,000) — (316,667 ) — (450,000 ) — Forfeited and lapsed — — — — — — Outstanding at the end of the year 2,593,333 — 1,513,333 — 1,130,000 — Exercisable at the end of the year 516,667 — 173,333 — 180,000 —
Schedule of Number and Weighted Average Remaining Life	Year ended March 31 2019 2018 2017 Name of Plan Weighted Weighted Weighted Weighted Weighted Weighted IPO India Plan 7.70 INR* 32.17 8.11 INR* 35.0 7.68 INR* 35.0 JSOP Plan 3.05 $ 11.00 3.93 $ 16.19 4.93 $ 16.19 Option award scheme 2012 — $ — 3.75 $ 11.00 4.83 $ 11.00 2014 Share Plan 2.25 $ 17.79 5.96 $ 17.79 7.11 $ 18.06 2015 Share Plan 6.01 $ 14.68 6.06 $ 16.21 6.08 $ 16.23 Other share option plans 1.87 $ 16.00 2.87 $ 18.88 3.87 $ 18.88 Management Scheme 6.00 $ — 5.56 $ — 5.59 $ — Restricted Stock Unit 6.00 $ — 5.60 $ — 5.63 $ — *INR – Indian Rupees **GBP – Great Britain Pound
Schedule of Inputs to Fair Valuation Model	Inputs Expected volatility (1) 50% Option life (Years) 6.1 – 6.6 Dividend yield 0% Risk free rate 2.5% - 2.9% Range of fair value of the granted options at the grant date (2) $0.3 – 4.4 (1) The expected volatility of all other options is based on the historic share price volatility of the Company over time periods comparable to the time from the grant date to the maturity dates of the options. (2) Fair value of options granted under all other schemes is measured using a Black Scholes model.

Joint Stock Ownership Plan Re_2

Joint Stock Ownership Plan Reserve (Tables)	12 Months Ended
	Mar. 31, 2019
Joint Stock Ownership Plan Reserve Abstract
Schedule of Joint Stock Ownership Plan Reserve (JSOP Reserve)	(in thousands) Balance at April 1, 2017 $ (15,985 ) Issue out of treasury shares — Balance at April 1, 2018 $ (15,985 ) Issue out of treasury shares — Balance at March 31, 2019 $ (15,985 )

Other Components of Equity (Tab

Other Components of Equity (Tables)	12 Months Ended
	Mar. 31, 2019
Other Components Of Equity
Schedule of Other Components of Equity	As at March 31 2019 2018 2017 Movement in Hedging reserve: Opening balance $ — $ (375 ) $ (1,179 ) Reclassified to consolidated statements of income — 375 804 Closing balance $ — $ — $ (375 ) Movement in revaluation reserve: Opening balance $ 1,835 $ 1,829 $ 1,856 Net gain recognized on revaluation of property and equipment 1,019 — — Impact of translation difference 78 6 (27 ) Closing balance $ 2,932 $ 1,835 $ 1,829 Movement in available for sale fair value reserve: Opening balance $ 6,238 $ 6,238 $ 6,622 Impairment loss on available-for-sale financial assets (24,687 ) — (384 ) Closing balance $ (18,449 ) $ 6,238 $ 6,238 Movement in Foreign currency translation reserves Opening balance $ (56,722 ) $ (55,810 ) $ (60,609 ) Adoption of IFRS 9 (net of tax) Refer Note 39(i) (34 ) — — Other comprehensive loss due to translation of foreign operations (*) (7,423 ) (912 ) 4,799 Closing balance $ (64,179 ) $ (56,722 ) $ (55,810 ) Total other components of equity $ (79,696 ) $ (48,649 ) $ (48,118 ) (*) includes movement in foreign currency translation reserves arising on account of deconsolidation $Nil (2018: 502, 2017: Nil) of financial asset.

Significant Non-Cash Expenses (

Significant Non-Cash Expenses (Tables)	12 Months Ended
	Mar. 31, 2019
Significant Non-cash Expenses
Schedule of Significant Non-Cash Expenses	As at March 31 2019 2018 2017 (in thousands) Unrealized foreign exchange loss / (gain) $ (3,329 ) $ 5,466 $ (3,838 ) Credit impairment loss, net 26,283 3,376 — Impairment charge on available-for-sale financial assets — 2,436 — Net losses on de-recognition of financial assets measured at amortized cost, net 5,988 3,562 — Mark to market gain on derivative financial instrument measured at fair value through profit and loss 902 — (10,297 ) Loss on settlement of derivative financial instruments — 586 — Loss on financial liability (convertible notes) measures at fair value through profit and loss 21,398 13,840 — Loss on deconsolidation of a subsidiary — 14,649 — Provisions for trade and other receivables — 4,740 2,430 Provision no longer required, written-back (120 ) (124 ) (798 ) Impairment loss on advances content vendors 7,284 353 1,887 Impairment loss 423,335 1,205 — Others 32 30 — $ 481,773 $ 50,119 $ (10,616 )

Financial Instruments and Ris_2

Financial Instruments and Risk Management (Tables)	12 Months Ended
	Mar. 31, 2019
Financial Instruments And Risk Management
Disclosure of Detailed Information about Financial Instruments	As at March 31 2019 2018 (in thousands) Debt (net of debt issuance cost of $691 (2018: $1,210)) $ 280,828 $ 276,946 Cash and cash equivalents(*) 135,783 87,762 Net debt 145,045 189,184 Equity 656,985 1,003,417 Net debt to equity ratio 22.1% 18.9% (*) includes $46,666 (2018: Nil) of restricted deposits.
Disclosure of Financial Assets and Financial Liabilities	2019 2018 (in thousands) Financial assets Available-for-sale investments $ 3,692 $ 27,257 Other financial assets (1) 351,479 340,994 $ 355,171 $ 368,251 Financial liabilities at amortized cost Trade payables and acceptances excluding value added tax and other tax payables $ 81,208 $ 70,927 Borrowings 212,479 190,936 Financial Liabilities at fair value through profit or loss Derivatives at fair value through profit or loss - held for trading 620 — Senior convertible Notes at fair value through profit or loss 68,349 86,010 $ 362,656 $ 347,873 (1) Other financial assets include loans and receivables, excluding prepaid charges and statutory receivables, and includes cash and cash equivalents and restricted deposits held with banks.
Disclosure of Foreign Currency Risk Exposure	Net Balance USD GBP Other (in thousands) As at March 31, 2019 (6,117 ) (61,927 ) (2,317 ) As at March 31, 2018 (4,350 ) (56,080 ) 1,081
Disclosure of Maturity Analysis for Non-Derivative and Derivative Financial Liabilities	Total Less than 1-3 3-5 More than (in thousands) As at March 31, 2019 Borrowing principal payments (1)(2) $ 281,519 $ 209,180 $ 72,339 $ — $ — Borrowing interest payments 29,016 21,820 7,196 — — Derivative financial instruments 620 620 — — — Acceptances 8,366 8,366 — — — Trade and other payables 83,487 83,487 — — — Total Less than 1-3 3-5 More than (in thousands) As at March 31, 2018 Borrowing principal payments (1) $ 278,156 $ 152,330 $ 50,650 $ 75,176 $ — Borrowing interest payments 48,750 26,024 15,319 7,407 — Derivative financial instruments — — — — — Acceptances 8,898 8,898 — — — Trade and other payables 72,142 72,142 — — — (1) Excludes cumulative effect of unamortized costs. (2) Includes senior convertible bonds, which are payable in cash at the option of the issuer.
Disclosure of Currency, Maturity and Nature of Interest Rate of Borrowings	As at March 31 2019 % 2018 % (in thousands, except percentages) Currency U.S. Dollar $ 148,201 52.6% $ 107,236 38.6% Great British Pounds Sterling 65,215 23.2% 70,055 25.2% Indian Rupees 68,103 24.2% 100,865 36.2% Total $ 281,519 100.0% $ 278,156 100.0% Maturity Due before one year $ 209,180 74.3% $ 152,330 54.8% Due between one and three years 72,339 25.7% 50,650 18.2% Due between four and five years — — 75,176 27.0% Due after five years — — — — $ 281,519 100.0% $ 278,156 100.0% Nature of rates Fixed interest rate $ 205,156 72.9% $ 177,742 63.9% Floating rate 76,363 27.1% 100,414 36.1% Total $ 281,519 100.0% $ 278,156 100.0%
Disclosure of Fair Value Measurements of Assets and Liabilities	As at March 31, 2019 (in thousands) Description of type of financial assets Gross amount of Gross amount of recognized Net amounts financial assets Derivative assets — — — Trade and other receivables 125,229 — 125,229 Investments at FVTPL 1,042 — 1,042 Investments at FVTOCI 2,650 — 2,650 Total 128,921 — 128,921 Description of type of financial liabilities Gross amount of recognized financial liabilities Gross amount of recognized financial assets offset in the statement of financial position Net amounts financial liabilities presented in the statement of financial position Derivative liabilities 620 — 620 Borrowings at fair value 68,349 — 68,349 Total 68,969 — 68,969 As at March 31, 2018 (in thousands) Description of type of financial assets Gross amount of Gross amount of recognised Net amounts financial Derivative assets 282 — 282 Total 282 — 282 Description of type of financial liabilities Gross amount of Gross amount of Net amounts financial liabilities Derivative liabilities — — — Borrowings at fair value 86,010 — 86,010 Total 86,010 — 86,010
Disclosure of Offsetting of Financial Assets and Financial Liabilities	As at March 31, 2019 (in thousands) Average Notional Fair value of Fair value of Cross currency swap 6.4% 10,040 (620 ) 282 Total $ (620 ) $ 282

Contractual Obligations and C_2

Contractual Obligations and Commitments (Tables)	12 Months Ended
	Mar. 31, 2019
Contractual Obligations And Commitments
Disclosure of Contractual Obligations Related to Content Commitments	Total (in thousands) As at March 31, 2019 $ 301,660 As at March 31, 2018 $ 336,144

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Mar. 31, 2019
Related Party Transactions
Disclosure of Transactions Between Related Parties	As at As at Details of (in thousands) Transaction Liability Asset Liability Asset Red Bridge Group Limited President fees $ 648 $ — $ 464 $ — 550 County Avenue Rent/Deposit 499 135 482 135 Line Cross Limited Rent/Deposit — — 876 258 NextGen Films Private Limited Purchase/Sale — 41,470 — 38,862 Everest Entertainment LLP Purchase/Sale 574 — 65 — Beech Investments Limited Advance 500 — — Lulla Family Rent/Deposit 243 841 244 947 Lulla Family Salary 3,279 — 2,468 — Lulla Family Advance 6,650 — — — Xfinite Global Plc Advance 6,500 — — —

Major Consolidated Entities (Ta

Major Consolidated Entities (Tables)	12 Months Ended
	Mar. 31, 2019
Major Consolidated Entities
Disclosure of Major Consolidated Entities	Date Country of Incorporation % of voting rights held Copsale Limited June 2006 BVI 100.00 Eros Australia Pty Limited June 2006 Australia 100.00 Eros International Films Private Limited June 2006 India 100.00 Eros International Limited June 2006 U.K. 100.00 Eros International Media Limited June 2006 India 62.39 Eros International USA Inc June 2006 U.S. 100.00 Eros Music Publishing Limited June 2006 U.K. 100.00 Eros Network Limited June 2006 U.K. 100.00 Eros Pacific Limited June 2006 Fiji 100.00 Eros Worldwide FZ-LLC June 2006 UAE 100.00 Big Screen Entertainment Private Limited January 2007 India 64.00 EyeQube Studios Private Limited January 2008 India 99.99 Acacia Investments Holdings Limited April 2008 IOM 100.00 Eros International Pte Limited August 2010 Singapore 100.00 Digicine Pte. Limited March 2012 Singapore 100.00 Colour Yellow Productions Private Limited May 2014 India 50.00 Eros Digital FZ LLC September 2015 UAE 100.00 Eros Digital Limited July 2016 IOM 100.00 Eros Films Limited November 2016 IOM 100.00 Universal Power Systems Private Limited August 2015 India 100.00

Non-Controlling Interest (Table

Non-Controlling Interest (Tables)	12 Months Ended
	Mar. 31, 2019
Non-controlling Interest
Disclosure of Non-Controlling Interest	Year ended March 31 (in thousands) EIML 2019 2018 Current assets $ 183,944 $ 152,997 Non-current assets 385,463 418,118 Current liabilities (158,182 ) (162,898 ) Non-current liabilities (53,210 ) (65,582 ) Total net assets attributable $ 358,015 $ 342,635 Equity attributable to owners of the Group $ 222,486 $ 204,907 Equity attributable to non-controlling interests $ 135,529 $ 137,728 Revenue $ 149,969 $ 151,887 Expenses (114,709 ) (118,858 ) Profit for the year $ 35,260 $ 33,029 Profit attributable to the owners of the Group $ 21,846 $ 20,199 Profit attributable to non-controlling interests $ 13,414 $ 12,830 Other comprehensive (loss)/income during the year $ (12,500 ) $ (612 ) Total comprehensive income during the year $ 22,760 $ 32,417 Total comprehensive income attributable to the owners of the Group 15,354 19,828 Total comprehensive income attributable to non-controlling interests 7,406 12,589 Net cash inflow from operating activities $ 50,470 $ 49,096 Net cash outflow from investing activities (37,729 ) (55,755 ) Net cash inflow from financing activities (14,462 ) 6,707 Net cash (outflow)/inflow $ (1,721 ) $ 48

New Standards Adopted as at A_2

New Standards Adopted as at April 1, 2018 (Tables)	12 Months Ended
	Mar. 31, 2019
New Standards Adopted As At April 1 2018
Schedule of Original Measurement Categories Under IAS 39 and New Measurement Categories Under IFRS 9 for Each Class of Groups Financial Assets and Financial Liabilities	IAS 39 Category IFRS 9 Category Total Total Financial Assets Cash and cash equivalents Loans and Receivables At amortized cost 87,762 87,762 Restricted deposits Loans and Receivables At amortized cost 7,468 7,468 Investment in equity instruments Available for sale financial assets Financial assets at FVTOCI* 27,257 27,257 Trade and other receivables Loans and Receivables At amortized cost 235,726 235,726 Total 358,213 358,213 IAS 39 Category IFRS 9 Category Total carrying value Total fair value Financial Liabilities Total borrowings (excluding convertible notes) At amortized cost At amortized cost 190,936 174,533 Convertible notes Financial liabilities at FVTPL Financial liabilities at FVTPL** 86,010 86,010 Trade and other payables At amortized cost At amortized cost 72,142 72,142 Acceptances At amortized cost At amortized cost 8,898 8,898 Total 357,986 341,583 IAS 39 Category IFRS 9 Category Total carrying value Total fair value Financial Assets Cash and cash equivalents Loans and Receivables At amortized cost 89,117 89,117 Restricted deposits Loans and Receivables At amortized cost 56,614 56,614 Investment at fair value Available for sale financial assets Financial assets at FVTPL** 1,042 1,042 Investment at amortised cost Available for sale financial assets Financial assets at FVTOCI* 2,650 2,650 Trade receivables Trade Accounts Receivables At amortized cost 71,129 71,129 Trade receivables Trade Accounts Receivables Financial assets at FVTOCI* 125,229 125,229 Total 350,445 345,781 IAS 39 Category IFRS 9 Category Total carrying value Total fair value Financial Liabilities Total borrowings (excluding convertible notes) At amortized cost At amortized cost 212,479 205,911 Convertible notes Financial liabilities at FVTPL Financial liabilities at FVTPL** 68,349 68,349 Trade and other payables At amortized cost At amortized cost 83,487 83,487 Acceptances At amortized cost At amortized cost 8,366 8,366 Total 372,681 366,113 * FVTOCI – Fair value through other comprehensive income. ** FVTPL - Fair value through profit and loss.
Summary of Impacts of Adopting IFRS 15 and IFRS 9	As of IFRS 9 As of Assets Trade and other receivables $ 254,223 $ (18,497 ) $ 235,726 Deferred income tax liabilities 39,519 (673 ) 38,846 Currency translation reserve (56,722 ) (34 ) (56,756 ) Reserves 422,992 (14,270 ) 408,722 Non-controlling interests 137,728 (3,520 ) 134,208 Balance at March 31, 2019 IFRS 9 IFRS 15 (*) Balance at March 31, 2019 Assets Trade and other receivables $ 215,210 $ 10,767 $ 24,273 $ 250,250 Liabilities and Shareholders' Equity Currency translation reserve (64,179 ) (126 ) — (64,305 ) Reserves (2,202 ) 4,121 22,918 24,837 Other long-term liability 13,898 — (458 ) 13,440 Deferred income tax liabilities 27,427 921 — 28,348 Non-controlling interests 135,529 5,851 1,813 143,193 March 31, 2019 IFRS 9 (*) IFRS 15 (*) March 31, 2019 Revenue $ 270,126 $ — $ 24,273 $ 294,399 Cost of sales (155,396 ) — — (155,396 ) Gross profit 114,730 — 24,273 139,003 Administrative cost (87,134 ) 10,673 — (76,461 ) Operating profit before exceptional item 27,596 10,673 24,273 62,542 Impairment loss (423,335 ) — — (423,335 ) Operating profit/(loss) (395,739 ) 10,673 24,273 (360,793 ) Financing costs (24,093 ) — 458 (23,635 ) Finance income 16,419 (2,209 ) — 14,210 Net finance costs (7,674 ) (2,209 ) 458 (9,425 ) Other gains/(losses) 288 (20,698 ) — (20,410 ) Profit/(loss) before tax (403,125 ) (12,234 ) 24,731 (390,628 ) Income tax (7,328 ) (248 ) — (7,576 ) Profit/(loss) for the year (410,453 ) (12,482 ) 24,731 (398,204 ) Other comprehensive income / (loss) (41,462 ) 4,664 — (36,798 ) Total comprehensive (loss)/income for the year (451,915 ) (7,818 ) 24,731 (435,002 ) Profit/(loss) for the year Attributable to Equity holders of Eros International Plc (423,867 ) (14,591 ) 22,918 (415,540 ) Non-controlling interest 13,414 2,109 1,813 17,336 Total comprehensive (loss)/income for the year Attributable to Equity holders of Eros International Plc (459,321 ) (10,149 ) 22,918 (446,552 ) Non-controlling interest 7,406 2,331 1,813 11,550 Basic Diluted Earnings Earnings attributable to the equity holders of the parent $ (415,540) $ (415,540) Potential dilutive effect related to share based compensation scheme in subsidiary undertaking — (197) Adjusted earnings attributable to equity holders to Eros International Plc (415,540) (415,737) Number of shares Weighted average number of shares 70,706,579 70,706,579 Potential or dilutive effect related to share based compensation scheme — 1,463,640 Adjusted weighted average number of shares 70,706,579 72,170,219 Earnings/(loss) per share Earnings attributable to the equity holders of Eros International Plc per share (in cents) (587.7) (587.7)

Going Concern - Disclosure of I

Going Concern - Disclosure of Information for Cash-Generating Units (Details)	Mar. 31, 2019	Mar. 31, 2018
Going Concern And Impairment Of Non-current Assets
Growth rate applied beyond approved forecast period	4.00%	4.00%
Pre-tax discount rate	21.00%	19.00%

Going Concern - Disclosure of_2

Going Concern - Disclosure of Impairment Sensitivity (Details) - Non-Current Assets $ in Thousands	12 Months Ended
	Mar. 31, 2019USD ($)
Increase in Discount Rate
Statement Line Items [Line Items]
Effect of assumptions on impairment loss (in millions)	$ 54,000
Sensitivity to key assumptions on impairment loss, rate	1.00%
Decrease in Long Term Growth Rate Applied Beyond Approved Forecast Period
Statement Line Items [Line Items]
Effect of assumptions on impairment loss (in millions)	$ 30,000
Sensitivity to key assumptions on impairment loss, rate	1.00%
Decrease in Projected Volume
Statement Line Items [Line Items]
Effect of assumptions on impairment loss (in millions)	$ 63,000
Sensitivity to key assumptions on impairment loss, rate	1.00%

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Explanation of period over which management has projected cash flows	The growth rates used in the value in use calculation reflect those inherent within the Company's internal forecast, which is primarily a function of the future assumptions, past performance and management's expectation of future developments through fiscal 2024.
Profit/(Loss) for the year	$ (410,453)	$ (9,745)	$ 11,455
Impairment loss	(423,335)
Intangible Assets - Trademark
Statement Line Items [Line Items]
Goodwill and intangible assets	17,800
Intangible Assets - Content
Statement Line Items [Line Items]
Goodwill and intangible assets	$ 405,535

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Schedule of Other Intangible Assets (Details)	12 Months Ended
	Mar. 31, 2019
Information Technology Assets
Disclosure of detailed information about intangible assets [line items]
Other intangible assets, life of asset	3 years
Other intangible assets, rate of amortization % straight line per annum	33.00%
Other Intangible Assets | Bottom of Range
Disclosure of detailed information about intangible assets [line items]
Other intangible assets, life of asset	3 years
Other intangible assets, rate of amortization % straight line per annum	17.00%
Other Intangible Assets | Top of Range
Disclosure of detailed information about intangible assets [line items]
Other intangible assets, life of asset	6 years
Other intangible assets, rate of amortization % straight line per annum	33.00%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Property, Plant and Equipment (Details)	12 Months Ended
	Mar. 31, 2019
Freehold Building
Disclosure of detailed information about property, plant and equipment [line items]
Property & equipment, life of asset	60 years
Freehold Building | Bottom of Range
Disclosure of detailed information about property, plant and equipment [line items]
Property & equipment, rate of depreciation % WDV per annum	2.00%
Freehold Building | Top of Range
Disclosure of detailed information about property, plant and equipment [line items]
Property & equipment, rate of depreciation % WDV per annum	10.00%
Furniture, Fittings and Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Property & equipment, life of asset	5 years
Furniture, Fittings and Equipment | Bottom of Range
Disclosure of detailed information about property, plant and equipment [line items]
Property & equipment, rate of depreciation % WDV per annum	15.00%
Furniture, Fittings and Equipment | Top of Range
Disclosure of detailed information about property, plant and equipment [line items]
Property & equipment, rate of depreciation % WDV per annum	20.00%
Vehicles and Machinery | Bottom of Range
Disclosure of detailed information about property, plant and equipment [line items]
Property & equipment, life of asset	3 years
Property & equipment, rate of depreciation % WDV per annum	20.00%
Vehicles and Machinery | Top of Range
Disclosure of detailed information about property, plant and equipment [line items]
Property & equipment, life of asset	5 years
Property & equipment, rate of depreciation % WDV per annum	30.00%

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Details Narrative) - Other Intangible Assets	12 Months Ended
	Mar. 31, 2019
Bottom of Range
Disclosure of detailed information about intangible assets [line items]
Other intangible assets, life of asset	3 years
Top of Range
Disclosure of detailed information about intangible assets [line items]
Other intangible assets, life of asset	6 years

Acquisition, Changes in Ownersh

Acquisition, Changes in Ownership Interest in Subsidiary and Deconsolidation (Details Narrative) $ / shares in Units, $ in Thousands		12 Months Ended
		Mar. 31, 2019USD ($)shares$ / shares	Mar. 31, 2018USD ($)shares$ / shares	Mar. 31, 2017shares	Mar. 31, 2016shares
Disclosure of detailed information about business combination [line items]
Equity interest, divested			51.00%
Ayngaran Group
Disclosure of detailed information about business combination [line items]
Equity interest, divested			51.00%
Loss recognized in deconsolidation | $			$ (14,649)
Fair value of subsidiary that ceased to be consolidated | $			$ 457
IPO India Plan
Disclosure of detailed information about business combination [line items]
Stock options outstanding		757,886	1,624,035	2,108,063	2,196,215
Stock options exercised		536,263	1,113,160	269,553
Eros International Media Limited | IPO India Plan
Disclosure of detailed information about business combination [line items]
Stock options outstanding		757,886	1,624,035
Stock options exercised		536,263	1,113,160
Stock options exercised, price per share | $ / shares	[1]	$ 10	$ 32.19
Eros Worldwide FZ-LLC
Disclosure of detailed information about business combination [line items]
Purchase of shares of subsidiary		2,467,862
Cash consideration paid for purchase of shares of subsidiary | $		$ 2,892
Increase of ownership interest in subsidiary		2.37%
[1]	INR - Indian Rupees

Business Segmental Data - Sched

Business Segmental Data - Schedule of Segment by Geographical Areas (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of geographical areas [line items]
Revenue	[1]	$ 270,126	$ 261,253	$ 252,994
Non-current assets		737,305	1,070,757	980,888
Groups Operation
Disclosure of geographical areas [line items]
Non-current assets	[2]	722,043	1,032,736
Theatrical
Disclosure of geographical areas [line items]
Revenue	[3]	69,542	79,069	101,023
Satellite Content Licensing
Disclosure of geographical areas [line items]
Revenue	[3]	77,453	97,168	88,013
Digital and Other Ancillary
Disclosure of geographical areas [line items]
Revenue	[3]	123,131	85,016	63,958
India | Groups Operation
Disclosure of geographical areas [line items]
Revenue		100,387	98,073	121,966
Non-current assets	[2]	336,431	354,843
India | Customer Location
Disclosure of geographical areas [line items]
Revenue		116,078	109,986	129,251
Europe | Groups Operation
Disclosure of geographical areas [line items]
Revenue		63,196	27,028	25,686
Non-current assets	[2]	34,217	18,678
Europe | Customer Location
Disclosure of geographical areas [line items]
Revenue		2,345	7,739	7,695
North America | Groups Operation
Disclosure of geographical areas [line items]
Revenue		1,759	1,244	2,549
Non-current assets	[2]	4	7
North America | Customer Location
Disclosure of geographical areas [line items]
Revenue		5,682	5,147	10,132
Rest of the World | Groups Operation
Disclosure of geographical areas [line items]
Revenue		104,784	134,908	102,793
Non-current assets	[2]	351,391	659,208
Rest of the World | Customer Location
Disclosure of geographical areas [line items]
Revenue		$ 146,021	$ 138,381	$ 105,916
[1]	Net of significant discounting component
[2]	Non-current assets include property and equipment, intangible assets (tradename, content and others) goodwill and restricted deposit.
[3]	Catalogue sales is apportioned in a specified ratio between theatrical, satellite content licensing and digital and other ancillary revenues.

Business Segmental Data (Detail

Business Segmental Data (Details Narrative) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019		Mar. 31, 2018	Mar. 31, 2017
Disclosure of geographical areas [line items]
Revenue	[1]	$ 270,126		$ 261,253	$ 252,994
Non-current assets		737,305		1,070,757	980,888
Groups Operation
Disclosure of geographical areas [line items]
Non-current assets	[2]	722,043		1,032,736
Customers
Disclosure of geographical areas [line items]
Revenue discount component		34,467		6,816
United Arab Emirates | Groups Operation
Disclosure of geographical areas [line items]
Revenue		81,409		103,263	74,006
Non-current assets	[2]	295,685		570,016
United Arab Emirates | Customer Location
Disclosure of geographical areas [line items]
Revenue		62,527		67,993	62,966
United Kingdom | Groups Operation
Disclosure of geographical areas [line items]
Revenue		63,196		27,028	25,686
Non-current assets	[2]	32,287		18,678
United Kingdom | Customer Location
Disclosure of geographical areas [line items]
Revenue		1,180		5,200	$ 5,791
Isle of Man | Groups Operation
Disclosure of geographical areas [line items]
Non-current assets		$ 1,930	[2]
[1]	Net of significant discounting component
[2]	Non-current assets include property and equipment, intangible assets (tradename, content and others) goodwill and restricted deposit.

Nature of Expenses - Schedule o

Nature of Expenses - Schedule of Nature of Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Expense by Nature
Publicity and advertisement costs	$ 19,779	$ 12,684	$ 17,152
Film distribution costs	5,462	6,739	11,772
Amortisation expenses	130,155	115,285	135,316
Personnel costs	37,015	35,661	42,902
Rent expenses	1,916	1,359	1,559
Legal and professional expenses	6,980	8,204	4,697
Provision for trade and other receivables		1,968	2,430
Bad debt		2,772
Credit impairment loss, net	25,741	4,308
Depreciation and amortization of other intangibles	2,263	2,991	2,898
Impairment charge on goodwill (Refer note 14)		1,205
Impairment loss on content advances		353	1,625
Impairment loss on advances to content vendors	7,284		262
Other expenses	5,935	9,208	6,936
Expenses by nature	$ 242,530	$ 202,737	$ 227,549

Personnel Costs - Schedule of P

Personnel Costs - Schedule of Personnel Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Salaries	$ 37,015	$ 35,661	$ 42,902
Share based compensation (Refer Note 28)	21,561	17,918	23,471
Personnel Costs
Statement Line Items [Line Items]
Salaries	14,591	16,790	18,590
Social security and other employment charges	831	916	792
Salaries and other charges	15,422	17,706	19,382
Share based compensation (Refer Note 28)	21,561	17,918	23,471
Pension charges	32	37	49
Personnel costs	$ 37,015	$ 35,661	$ 42,902

Personnel Costs - Schedule of K

Personnel Costs - Schedule of Key Management Compensation (Details) - Key Management Compensation - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of transactions between related parties [line items]
Salaries	$ 4,010	$ 4,919	$ 5,062
Share based compensation	13,859	11,519	15,946
Pension charges	21	16	38
Key management compensation	$ 17,890	$ 16,454	$ 21,046

Net Finance Costs - Schedule of

Net Finance Costs - Schedule of Finance Costs (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Finance Costs
Interest on borrowings	[1]	$ 33,530	$ 32,556	$ 25,828
Reclassification of cash flow hedge to consolidated statements of income			375	804
Total interest expense	[1]	33,530	32,931	26,632
Capitalized interest on eligible film rights and content advances		(9,437)	(13,263)	(7,111)
Total finance costs		24,093	19,668	19,521
Less: Interest Income
Unwinding of interest		(13,227)	(932)
Bank deposits		(3,192)	(923)	(2,365)
Total finance income		(16,419)	(1,855)	(2,365)
Net finance costs		$ 7,674	$ 17,813	$ 17,156
[1]	Includes interest expense in respect of financial liabilities classified at fair value through profit or loss and significant discounting on long-term advance from customers

Net Finance Costs (Details Narr

Net Finance Costs (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Net Finance Costs
Capitalized rate of interest	10.21%	11.50%	7.60%
Interest expense	$ 10,682	$ 4,338
Unwinding of advance from customers	$ 458

Other (Gains) Losses - Schedule

Other (Gains) Losses - Schedule of Other (Gains) Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019		Mar. 31, 2018		Mar. 31, 2017
Other Gainslosses
Foreign exchange (loss)/gain, net	$ 5,610		$ (6,250)		$ 3,872
Gain/(loss) on sale of property and equipment	(97)		2		(22)
Gain on available-for-sale financial assets	37				58
Impairment charge on available-for-sale financial assets (Refer note 17)			(2,436)
(Loss) on de-recognition of financial assets measured at amortized cost net (*)	(5,988)	[1]	(3,562)	[1]
Mark to market gain/(loss) on derivative financial instrument measured at fair value through profit and loss account	(902)				10,297
(Loss) on settlement of derivative financial instruments			(586)
(Loss) on financial liability (convertible notes) measured at fair value through profit and loss account	(21,398)		(13,840)
(Loss) on deconsolidation of a subsidiary			(14,649)
Reversal of expected credit loss	20,698
Credit from Government of India	2,328
Other (Gains)/Losses	$ 288		$ (41,321)		$ 14,205
[1]	Arising on assignment and novation of trade receivables and trade payables with no-recourse. Derecognition of aforesaid financial assets/liabilities measured at amortized cost is to mitigate both credit risk and liquidity risk.

Income Tax Expense - Schedule o

Income Tax Expense - Schedule of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Income Tax Expense
Current income tax expense	$ 17,372	$ 5,556	$ 7,822
Deferred income tax (benefit)/charge	(10,044)	3,571	3,217
Income tax expense	$ 7,328	$ 9,127	$ 11,039

Income Tax Expense - Schedule_2

Income Tax Expense - Schedule of Reconciliation of Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Income Tax Expense
Profit before tax	$ (403,125)	$ (618)	$ 22,494
Income tax expense at tax rates applicable to individual entities	6,814	7,358	10,003
Tax effect of:
Adjustments in respect of current income tax of previous years	(762)	657	375
Changes in tax rates on temporary differences brought forward	232	(168)
Items not deductible for income tax	688	486	815
Utilisation of unrecognised tax losses	356	794
Others			(154)
Income tax expense	$ 7,328	$ 9,127	$ 11,039

Deferred Income Tax Assets an_3

Deferred Income Tax Assets and Liabilities - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	$ (39,168)	$ (35,861)	$ (31,914)
Impact of adoption of IFRS 9	673
Recognized in consolidated statements of income	10,044	(3,571)	(3,217)
Exchange Difference	2,287	264	(730)
Deferred Tax Liabilities/Assets, closing balance	(26,164)	(39,168)	(35,861)
Deferred income tax asset	1,263	351	112
Deferred income tax liability	27,427	39,519	35,973
Deferred Tax Liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	(42,620)	(48,847)	(46,975)
Impact of adoption of IFRS 9
Recognized in consolidated statements of income	5,455	5,943	(907)
Exchange Difference	2,483	284	(965)
Deferred Tax Liabilities/Assets, closing balance	(34,682)	(42,620)	(48,847)
Property and Equipment | Deferred Tax Liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	(776)	(1,228)	(1,247)
Impact of adoption of IFRS 9
Recognized in consolidated statements of income	142	452	24
Exchange Difference	10		(5)
Deferred Tax Liabilities/Assets, closing balance	(624)	(776)	(1,228)
Others | Deferred Tax Liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	(29)	(29)	(14)
Impact of adoption of IFRS 9
Recognized in consolidated statements of income			(14)
Exchange Difference			(1)
Deferred Tax Liabilities/Assets, closing balance	(29)	(29)	(29)
Intangible Assets | Deferred Tax Liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	(41,815)	(47,590)	(45,714)
Impact of adoption of IFRS 9
Recognized in consolidated statements of income	5,313	5,491	(917)
Exchange Difference	2,473	284	(959)
Deferred Tax Liabilities/Assets, closing balance	(34,029)	(41,815)	(47,590)
Deferred Tax Assets
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	3,452	12,986	15,061
Impact of adoption of IFRS 9	673
Recognized in consolidated statements of income	4,589	(9,514)	(2,310)
Exchange Difference	(195)	(20)	235
Deferred Tax Liabilities/Assets, closing balance	8,518	3,452	12,986
Deferred Tax Assets | Minimum Alternate Tax Carry-Forward
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	927	11,749	14,170
Impact of adoption of IFRS 9
Recognized in consolidated statements of income	(778)	(10,882)	(2,621)
Exchange Difference	(61)	60	200
Deferred Tax Liabilities/Assets, closing balance	88	927	11,749
Deferred Tax Assets | Property and Equipment
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	83	155	57
Impact of adoption of IFRS 9
Recognized in consolidated statements of income	(2)	(72)	95
Exchange Difference	(5)		3
Deferred Tax Liabilities/Assets, closing balance	76	83	155
Deferred Tax Assets | Credit Impairment Loss
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance
Impact of adoption of IFRS 9	673
Recognized in consolidated statements of income	4,385
Exchange Difference	(14)
Deferred Tax Liabilities/Assets, closing balance	5,044
Deferred Tax Assets | Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liabilities/Assets, beginning balance	2,442	1,082	834
Recognized in consolidated statements of income	984	1,440	216
Exchange Difference	(116)	(80)	32
Deferred Tax Liabilities/Assets, closing balance	$ 3,310	$ 2,442	$ 1,082

Deferred Income Tax Assets an_4

Deferred Income Tax Assets and Liabilities (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities which have not been provided on the undistributed earnings of subsidiaries	$ 49,163	$ 43,962	$ 40,432
Deferred tax asset, recognized in balance sheet	88	927	11,749
Freehold Building
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Recognized in other comprehensive income

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Number of Shares
Potential dilutive effect related to share based compensation scheme	1,957,035	1,025,000
Earnings per Share Attributable to Equity Holders
Earnings attributable to the equity holders of the parent per share (cents), basic	$ (599.5)	$ (36.3)	$ 6.4
Earnings attributable to the equity holders of the parent per share (cents), diluted	$ (599.5)	$ (36.3)	$ 5.1
Basic
Earnings
Earnings attributable to the equity holders of the parent	$ (423,867)	$ (22,575)	$ 3,805
Potential dilutive effect related to share based compensation scheme in subsidiary undertaking
Adjusted earnings attributable to equity holders of the parent	$ (423,867)	$ (22,575)	$ 3,805
Number of Shares
Weighted average number of shares	70,706,579	62,151,155	59,410,292
Potential dilutive effect related to share based compensation scheme
Adjusted weighted average number of shares	70,706,579	62,151,155	59,410,292
Earnings per Share Attributable to Equity Holders
Earnings attributable to the equity holders of the parent per share (cents), basic	$ (599.5)	$ (36.3)	$ 6.4
Diluted
Earnings
Earnings attributable to the equity holders of the parent	$ (423,867)	$ (22,575)	$ 3,805
Potential dilutive effect related to share based compensation scheme in subsidiary undertaking	(197)	(475)	(673)
Adjusted earnings attributable to equity holders of the parent	$ (424,064)	$ (23,050)	$ 3,132
Number of Shares
Weighted average number of shares	70,706,579	62,151,155	59,410,292
Potential dilutive effect related to share based compensation scheme	1,463,640	1,331,211	1,532,839
Adjusted weighted average number of shares	72,170,219	63,482,366	60,943,131
Earnings per Share Attributable to Equity Holders
Earnings attributable to the equity holders of the parent per share (cents), diluted	$ (599.5)	$ (36.3)	$ 5.1

Earnings Per Share (Details Nar

Earnings Per Share (Details Narrative) - shares	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share
Shares not included in diluted earnings per share	1,957,035	1,025,000
Convertible note shares not included in diluted earnings per share	7,567,962	12,399,780

Property and Equipment - Schedu

Property and Equipment - Schedule of Changes in Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disclosure of detailed information about property, plant and equipment [line items]
Opening net carrying amount	$ 10,013
Closing net carrying amount	10,921	$ 10,013
Land and Buildings
Disclosure of detailed information about property, plant and equipment [line items]
Opening net carrying amount	8,481	8,791
Exchange difference	(292)	(20)
Revaluation	1,745
Additions	207	393
Disposals	(449)
Adjustment of depreciation on disposal	367
Depreciation charge	(497)	(683)
Closing net carrying amount	9,562	8,481
Furniture, Fittings and Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Opening net carrying amount	348	432
Exchange difference	(12)
Revaluation
Additions	16	31
Reclassification and other adjustments	(61)
Disposals	(56)	(91)
Adjustment of depreciation on disposal	39	79
Depreciation charge	(75)	(103)
Closing net carrying amount	199	348
Vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Opening net carrying amount	698	504
Exchange difference	(43)	(4)
Revaluation
Additions	116	422
Reclassification and other adjustments	2
Disposals		(468)
Adjustment of depreciation on disposal		420
Depreciation charge	(224)	(176)
Closing net carrying amount	549	698
Machinery
Disclosure of detailed information about property, plant and equipment [line items]
Opening net carrying amount	476	606
Exchange difference	(12)	(2)
Revaluation
Additions	394	181
Reclassification and other adjustments
Disposals	(65)	(227)
Adjustment of depreciation on disposal	61	221
Depreciation charge	(253)	(303)
Closing net carrying amount	601	476
Total Property, Plant and Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Opening net carrying amount	10,003	10,333
Exchange difference	(359)	(26)
Revaluation	1,745
Additions	733	1,027
Reclassification and other adjustments	(59)
Disposals	(570)	(786)
Adjustment of depreciation on disposal	467	720
Depreciation charge	(1,049)	(1,265)
Closing net carrying amount	$ 10,911	$ 10,003

Property and Equipment - Sche_2

Property and Equipment - Schedule of Carrying Value of Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	$ 10,911	$ 10,003
Capital work in progress	10	10
Net carrying amount	10,921	10,013
Cost
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	21,324	19,834
Accumulated Depreciation
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	(10,413)	(9,831)
Land and Buildings
Disclosure of detailed information about property, plant and equipment [line items]
Net carrying amount	9,562	8,481	$ 8,791
Land and Buildings | Cost
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	13,858	12,647
Land and Buildings | Accumulated Depreciation
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	(4,296)	(4,166)
Furniture, Fittings and Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Net carrying amount	199	348	432
Furniture, Fittings and Equipment | Cost
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	1,759	1,872
Furniture, Fittings and Equipment | Accumulated Depreciation
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	(1,560)	(1,524)
Vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Net carrying amount	549	698	504
Vehicles | Cost
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	1,389	1,314
Vehicles | Accumulated Depreciation
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	(840)	(616)
Machinery
Disclosure of detailed information about property, plant and equipment [line items]
Net carrying amount	601	476	$ 606
Machinery | Cost
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	4,318	4,001
Machinery | Accumulated Depreciation
Disclosure of detailed information about property, plant and equipment [line items]
Cost or valuation	$ (3,717)	$ (3,525)

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Property And Equipment
Property, plant and equipment pledged to secure borrowings	$ 6,685	$ 7,452
Fair value estimated on recent market transactions, then adjusted, carrying amount	4,983	5,549
Capital work in progress	$ 10	$ 10

Goodwill and Trade Name - Sched

Goodwill and Trade Name - Schedule of Reconciliation of Changes in Goodwill and Trade Name (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill, beginning balance	$ 3,800
Impairment		$ 1,205
Goodwill, ending balance		3,800
Goodwil
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill, beginning balance	3,800	4,992
Foreign currency translation		13
Impairment	(3,800)	(1,205)
Goodwill, ending balance		3,800	4,992
Trade Name
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill, beginning balance	14,000	14,000
Impairment	$ (14,000)
Goodwill, ending balance		$ 14,000	$ 14,000

Goodwill and Trade Name (Detail

Goodwill and Trade Name (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of reconciliation of changes in goodwill [line items]
Discount rate	21.00%	19.00%
Terminal growth rate	4.00%	4.00%
Period of projected cash flow	The growth rates used in the value in use calculation reflect those inherent within the Company's internal forecast, which is primarily a function of the future assumptions, past performance and management's expectation of future developments through fiscal 2024.
Impairment		$ 1,205
Goodwil
Disclosure of reconciliation of changes in goodwill [line items]
Discount rate	20.90%
Terminal growth rate	4.00%
Determination of assumptions	The estimated cash flows were developed using internal forecast.
Period of projected cash flow	Four years, extrapolated for the fifth year
Impairment	$ (3,800)	$ (1,205)
Trade Name
Disclosure of reconciliation of changes in goodwill [line items]
Impairment	$ (14,000)

Intangible Content Assets - Sch

Intangible Content Assets - Schedule of Intangible Content Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disclosure of detailed information about intangible assets [line items]
Content assets	$ 706,572	$ 998,543
Impairment of intangible assets	(423,335)
Film and Content Rights
Disclosure of detailed information about intangible assets [line items]
Impairment of intangible assets	(366,703)
Content Advances
Disclosure of detailed information about intangible assets [line items]
Impairment of intangible assets	(38,832)
Cost
Disclosure of detailed information about intangible assets [line items]
Content assets	2,066,735	1,853,534
Accumulated Amortization
Disclosure of detailed information about intangible assets [line items]
Content assets	(954,628)	(854,991)
Film and Content Rights
Disclosure of detailed information about intangible assets [line items]
Content assets	354,075	638,108
Film and Content Rights | Cost
Disclosure of detailed information about intangible assets [line items]
Content assets	1,675,406	1,493,099
Film and Content Rights | Accumulated Amortization
Disclosure of detailed information about intangible assets [line items]
Content assets	(954,628)	(854,991)
Content Advances
Disclosure of detailed information about intangible assets [line items]
Content assets	339,436	349,568
Content Advances | Cost
Disclosure of detailed information about intangible assets [line items]
Content assets	378,268	349,568
Content Advances | Accumulated Amortization
Disclosure of detailed information about intangible assets [line items]
Content assets
Film Productions
Disclosure of detailed information about intangible assets [line items]
Content assets	13,061	10,867
Film Productions | Cost
Disclosure of detailed information about intangible assets [line items]
Content assets	13,061	10,867
Film Productions | Accumulated Amortization
Disclosure of detailed information about intangible assets [line items]
Content assets

Intangible Content Assets - S_2

Intangible Content Assets - Schedule of Reconciliation of Changes in Intangible Content Assets (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019		Mar. 31, 2018
Disclosure of detailed information about intangible assets [line items]
Additions		$ 907		$ 2,655
Exchange difference		(148)		(7)
Deconsolidation				(4,878)
Film Productions
Disclosure of detailed information about intangible assets [line items]
Intangible - content assets, beginning balance		10,867		3,931
Additions		3,413		10,521
Exchange difference		(775)		(17)
Transfer to film and content rights		(444)		(3,568)
Intangible - content assets, ending balance		13,061		10,867
Content Advances
Disclosure of detailed information about intangible assets [line items]
Intangible - content assets, beginning balance		349,568		266,232
Additions	[1],[2]	261,002		221,251
Reclassification		(65)	[3]
Exchange difference		(12,314)		(1,100)
Impairment loss		(38,832)		(353)
Transfer to film and content rights		(219,923)		(136,462)
Intangible - content assets, ending balance		339,436		349,568
Film and Content Rights
Disclosure of detailed information about intangible assets [line items]
Intangible - content assets, beginning balance		638,108		634,465
Amortization		(130,155)		(115,285)
Exchange difference		(7,542)		(414)
Impairment loss		(366,703)
Deconsolidation				(20,688)
Transfer from film production and content advances		220,367		140,030
Intangible - content assets, ending balance		$ 354,075		$ 638,108
[1]	Represents exchange of film rights for non-cash consideration.
[2]	Represents non-cash movement on account of de-recognition of financial liabilities.
[3]	Includes reclassification from other intangibles and reclassification to loans and advances.

Intangible Content Assets (Deta

Intangible Content Assets (Details Narrative) - Film and Content Rights - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disclosure of detailed information about intangible assets [line items]
Intangible assets pledged against secured borrowings	$ 310,996	$ 321,474
De-recognition of financial assets		$ 14,795
Reclassification from other intangibles	1,090
Reclassification to loans and advances	$ 1,155

Intangible Assets - Other - Sch

Intangible Assets - Other - Schedule of Reconciliation of Changes to Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Other intangible assets, beginning balance	$ 5,280	$ 4,360
Exchange difference	(148)	(7)
Disposals and reclassification	(1,031)	(2)
Additions	907	2,655
Amortization charge	(1,214)	(1,726)
Other intangible assets, ending balance	3,794	5,280
Information Technology Assets
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Other intangible assets, beginning balance	1,449	2,160
Exchange difference
Disposals and reclassification	(59)
Additions		205
Amortization charge	(304)	(916)
Other intangible assets, ending balance	1,204	1,449
Other Intangible Assets
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Other intangible assets, beginning balance	3,831	2,200
Exchange difference	(148)	(7)
Disposals and reclassification	(1,090)	(2)
Additions	907	2,450
Amortization charge	(910)	(810)
Other intangible assets, ending balance	$ 2,590	$ 3,831

Intangible Assets - Other - S_2

Intangible Assets - Other - Schedule of Other Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	$ 3,794	$ 5,280	$ 4,360
Cost
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	11,721	11,993
Accumulated Amortization
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	(7,927)	(6,713)
Information Technology Assets
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	1,204	1,449	2,160
Information Technology Assets | Cost
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	5,114	5,055
Information Technology Assets | Accumulated Amortization
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	(3,910)	(3,606)
Other Intangible Assets
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	2,590	3,831	$ 2,200
Other Intangible Assets | Cost
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	6,607	6,938
Other Intangible Assets | Accumulated Amortization
Disclosure of detailed information about intangible assets [line items]
Other intangible assets	$ (4,017)	$ (3,107)

Intangible Assets - Other (Deta

Intangible Assets - Other (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Other Intangible Assets
Disclosure of detailed information about intangible assets [line items]
Other intangible assets pledged against secured borrowings	$ 92	$ 143

Available-For-Sale Financial _3

Available-For-Sale Financial Assets - Schedule of Available-For-Sale Financial Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Disclosure of financial assets [line items]
Non-current available-for-sale financial assets	$ 2,650	$ 27,257
Current available-for-sale financial assets	1,042
Financial Assets Available-For-Sale | Polyxo Global Limited
Disclosure of financial assets [line items]
Current available-for-sale financial assets	1,042
Financial Assets Available-For-Sale | Cloudstream Media Inc
Disclosure of financial assets [line items]
Non-current available-for-sale financial assets		160
Financial Assets Available-For-Sale | LMB Holdings Limited
Disclosure of financial assets [line items]
Non-current available-for-sale financial assets	650	16,000
Financial Assets Available-For-Sale | Valuable Technologies Limited
Disclosure of financial assets [line items]
Non-current available-for-sale financial assets	$ 2,000	$ 11,097

Available-For-Sale Financial _4

Available-For-Sale Financial Assets - Disclosure of Measurements of Financial Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Financial Assets Measured through FVTPL
Statement Line Items [Line Items]
Available-for-sale financial assets, beginning of period	$ 27,257	$ 29,613
Reclassifications	(27,257)
Additions	1,005	80
Fair value gain/(loss)	37
Total gain or (losses)
profit and loss		(2,436)
Available-for-sale financial assets, end of period	1,042	27,257
Financial Assets Measured through FVTOCI
Statement Line Items [Line Items]
Available-for-sale financial assets, beginning of period	0
Reclassifications	27,257
Additions	80
Fair value gain/(loss)	(24,687)
Total gain or (losses)
Available-for-sale financial assets, end of period	$ 2,650	$ 0

Available-For-Sale Financial _5

Available-For-Sale Financial Assets (Details Narrative) - Financial Assets Available-For-Sale $ in Thousands	12 Months Ended
	Mar. 31, 2019USD ($)
Acacia Investments Holdings Limited
Disclosure of financial assets [line items]
Ownership interest, description	Acacia Investments Holdings Limited ("Acacia") is a dormant holding company and owns 12.97% of L.M.B Holdings Limited ("LMB") which through its subsidiaries operates satellite television channels, such as B4U Music, B4U Movies and the Movie House Channel.
Investment impairment	$ 800
Fair value of sale of investment	$ 650
Valuable Technologies Limited
Disclosure of financial assets [line items]
Proportion of ownership interest	7.20%
Method used to account for investment	Net Asset Value
Fair value of amount of investment (rounded)	$ 2,000

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Inventories - Schedule Of Inventories
Goods for resale	$ 435	$ 353
Inventories	$ 435	$ 353

Inventories (Details Narrative)

Inventories (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Inventories - Schedule Of Inventories
Inventory recognized as an expense	$ 93	$ 290	$ 350
Write down of inventory	69
Inventory pledged as security	$ 435	$ 340

Trade and Other Receivables - S

Trade and Other Receivables - Schedule of Trade and Other Receivables (Details) - USD ($) $ in Thousands		Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Credit impairment (loss)		$ 41,335	$ 10,193
Derivative asset			282
Current		79,916	245,079
Non-current		10,065	9,144
Trade Accounts Receivable at Fair Value
Statement Line Items [Line Items]
Trade accounts receivables	[1]	156,026
Credit impairment (loss)	[1]	(26,133)
Fair Value gain/(loss)	[1]	(4,664)
Trade accounts receivables net	[1]	125,229
Trade Accounts Receivable at Amortised Cost
Statement Line Items [Line Items]
Trade accounts receivables		86,331	235,191
Credit impairment (loss)		(15,202)	(10,193)
Trade accounts receivables net		71,129	224,998
Trade Receivables
Statement Line Items [Line Items]
Balance with statutory authorities		7,672	5,759
Accrued interest		2,188	843
Advance to content vendor		3,462	10,761
Derivative asset			282
Prepaid charges		1,790	2,700
Unbilled revenues		1,717	5,592
Other receivables		2,023	3,288
Trade and other receivables		215,210	254,223
Current		205,145	245,079
Non-current		$ 10,065	$ 9,144
[1]	Business model is achieved both by collecting contractual cash flows and de-recognition of financial assets arising on assignment and novation transaction.

Trade and Other Receivables -_2

Trade and Other Receivables - Schedule of Age of Financial Assets Past Due but not Impaired (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets that are past due	$ 355,168	$ 368,251
Financial Assets Past Due but not Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets that are past due	84,741	114,916
Financial Assets Past Due but not Impaired | Not more than three months
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets that are past due	44,687	40,249
Financial Assets Past Due but not Impaired | More than three months but not more than six months
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets that are past due	15,948	21,102
Financial Assets Past Due but not Impaired | More than six months but not more than one year
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets that are past due	15,310	15,813
Financial Assets Past Due but not Impaired | More than one year
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets that are past due	$ 8,796	$ 37,752

Trade and Other Receivables -_3

Trade and Other Receivables - Schedule of Movement in Trade and Other Receivables for Expected Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019		Mar. 31, 2018
Trade Receivables
Statement Line Items [Line Items]
Allowance for credit loss, beginning of period	$ 10,193		$ 163
Impact of adoption of IFRS 9	18,050
Charged to operations	60,208	[1]	13,734
Unwinding of expected credit loss (included in finance income)	(13,227)		(932)
Reversal of expected credit loss (included in other gains/(losses))	(20,698)
Bad debts	(13,031)		(2,772)
Translation adjustment	(160)
Allowance for credit loss, end of period	41,335		10,193
Other Receivables
Statement Line Items [Line Items]
Allowance for credit loss, beginning of period
Impact of adoption of IFRS 9	447
Charged to operations	7,284	[1]
Unwinding of expected credit loss (included in finance income)
Reversal of expected credit loss (included in other gains/(losses))
Bad debts	(7,281)
Translation adjustment
Allowance for credit loss, end of period	447
Total Receivables
Statement Line Items [Line Items]
Allowance for credit loss, beginning of period	10,193		163
Impact of adoption of IFRS 9	18,497
Charged to operations	67,492	[1]	13,734
Unwinding of expected credit loss (included in finance income)	(13,227)		(932)
Reversal of expected credit loss (included in other gains/(losses))	(20,698)
Bad debts	(20,315)		(2,772)
Translation adjustment	(160)
Allowance for credit loss, end of period	$ 41,782		$ 10,193
[1]	The incremental impact on account of adoption of IFRS 15 and IFRS 9.

Trade and Other Receivables (De

Trade and Other Receivables (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Trade and other accounts receivable pledged as security	$ 83,991	$ 92,728
Derivative asset		282
Advance to content vendors	3,462	10,607
Incremental impact on adoption of IFRS 15 and IFRS 9	24,273	10,673
Impact of earlier adopted standards	$ 10,193	$ 22,352

Trade and Other Payables - Sche

Trade and Other Payables - Schedule of Trade and Other Payables (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Trade And Other Payables
Trade account payables	$ 25,299	$ 16,886
Accruals and other payables	32,888	31,955
Deferred Revenue	12,260	10,642
Accrued Interest	2,395	2,546
Value added taxes and other taxes payable	10,645	10,113
Trade and other payables	$ 83,487	$ 72,142

Trade and Other Payables (Detai

Trade and Other Payables (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Trade And Other Payables
Creditors for content assets	$ 16,139	$ 19,809

Cash and Cash Equivalents - Sch

Cash and Cash Equivalents - Schedule of Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Cash And Cash Equivalents
Cash at bank and in hand	$ 89,117	$ 87,762
Cash and cash equivalents	$ 89,117	$ 87,762	$ 112,267	$ 182,774

Operating Leases - Disclosure o

Operating Leases - Disclosure of Detailed Information About Future Minimum Operating Lease Rental Payments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Minimum lease payables under non-cancellable operating leases	$ 1,266	$ 416
Less than 1 Year
Statement Line Items [Line Items]
Minimum lease payables under non-cancellable operating leases	401	149
Within two to five years
Statement Line Items [Line Items]
Minimum lease payables under non-cancellable operating leases	$ 865	$ 267

Borrowings - Schedule of Detail

Borrowings - Schedule of Detailed Information about Borrowings (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Disclosure of detailed information about borrowings [line items]
Long-term borrowings		$ 71,920	$ 92,473
Unsecured long-term borrowings		133,564	156,065
Short-term borrowings		140,559	98,463
Long-Term Borrowings | Installments Due Within One Year, Convertible Notes
Disclosure of detailed information about borrowings [line items]
Unamortized costs		(68,349)	(53,500)
Long-Term Borrowings | Installments Due Within One Year, Others
Disclosure of detailed information about borrowings [line items]
Unamortized costs		(7,267)	(10,708)
Long-Term Borrowings | Vehicle Loan
Disclosure of detailed information about borrowings [line items]
Long-term borrowings		$ 382	$ 560
Interest rate, basis		2.5 - 9.5%	2.5 - 9.5%
Maturity		2017-22	2017-22
Long-Term Borrowings | Term Loan #1
Disclosure of detailed information about borrowings [line items]
Long-term borrowings		$ 12,947	$ 22,430
Interest rate, basis		MCLR +3.2% - 4.50%	MCLR +3.2% - 4.50%
Maturity		2019-22	2019-22
Long-Term Borrowings | Term Loan #2
Disclosure of detailed information about borrowings [line items]
Long-term borrowings		$ 1,083	$ 1,766
Interest rate, basis		BR+2.75%	BR+2.75%
Maturity		2020-21	2020-21
Long-Term Borrowings | Term Loan #3
Disclosure of detailed information about borrowings [line items]
Long-term borrowings		$ 251	$ 9,580
Interest rate, basis		10.39% - 13.75%	10.39% - 13.75%
Maturity		2020-23	2020-23
Long-Term Borrowings | Retail Bond
Disclosure of detailed information about borrowings [line items]
Unsecured long-term borrowings		$ 65,215	$ 70,055
Interest rate, basis		6.50%	6.50%
Maturity		2021-22	2021-22
Long-Term Borrowings | Convertible Notes
Disclosure of detailed information about borrowings [line items]
Unsecured long-term borrowings	[1]	$ 68,349	$ 86,010
Interest rate, basis		14.23%	14.23%
Maturity		2020-21	2020-21
Long-Term Borrowings | Cumulative Effect of Unamortized Costs
Disclosure of detailed information about borrowings [line items]
Unamortized costs		$ (691)	$ (1,210)
Long-Term Borrowings | Long-Term Borrowings at Amortized Cost
Disclosure of detailed information about borrowings [line items]
Unamortized costs		71,920	92,743
Long-Term Borrowings | Long-Term Borrowings at Fair Value
Disclosure of detailed information about borrowings [line items]
Unamortized costs			32,510
Short-Term Borrowings | Installments Due Within One Year on Long-Term Borrowings
Disclosure of detailed information about borrowings [line items]
Short-term unsecured borrowings		75,616	64,208
Short-Term Borrowings | Export Credit, Bill Discounting and Overdraft
Disclosure of detailed information about borrowings [line items]
Short-term borrowings		$ 32,078	$ 36,760
Interest rate, basis		MCLR +.40% to 4.60%	MCLR +.40% to 4.60%
Short-Term Borrowings | Export Credit, Bill Discounting and Overdraft #2
Disclosure of detailed information about borrowings [line items]
Short-term borrowings		$ 3,533	$ 4,021
Interest rate, basis		Base Rate + 0.5% to 1%	Base Rate + 0.5% to 1%
Short-Term Borrowings | Export Credit, Bill Discounting and Overdraft #3
Disclosure of detailed information about borrowings [line items]
Short-term borrowings		$ 26,719	$ 23,963
Interest rate, basis		6.01% - 15.25%	6.01% - 15.25%
Short-Term Borrowings | Short-Term Loan #1
Disclosure of detailed information about borrowings [line items]
Short-term borrowings	[2]	$ 70,962	$ 23,011
Interest rate, basis		3.25% - 15.75%	3.25% - 15.75%
Short-Term Borrowings | Total Short-Term Borrowings
Disclosure of detailed information about borrowings [line items]
Short-term borrowings		$ 208,908	$ 151,963
Short-Term Borrowings | Short-Term Borrowings at Amortized Cost
Disclosure of detailed information about borrowings [line items]
Short-term borrowings		140,559	98,463
Short-Term Borrowings | Short-Term Borrowings at Fair Value
Disclosure of detailed information about borrowings [line items]
Short-term borrowings		$ 68,349	$ 53,500
[1]	Eros International Plc. ("issuer") issued Senior Convertible Notes (SCN or convertible notes) on December 06, 2017 amounting to $122,500 principal amount and option to purchase warrants up to 2,000 of A ordinary share for a term of 6 months at an offer price of $100,000 by private placement. The notes are payable in equal installments of $3,500 per month for 35 months. The installments can be paid either in cash or can be converted into A ordinary equity shares of the issuer at the option of the issuer as per the terms of the arrangement.
[2]	Secured by pledge of shares held in the Group's majority owned subsidiary, Eros International Media Limited, India

Borrowings (Details Narrative)

Borrowings (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Borrowings Disclosure Abstract
Fair value of financial liability, recognized at date of issue	$ 100,055		$ 100,055
Fair value of financial liability outstanding	68,349	$ 86,010
Mark-to-market loss	21,398	13,840
Mark-to-market loss, net finance cost	10,682	4,338
Fair value of long-term borrowings	140,968	172,788
Fair value of retail bond	59,313	58,218
Fair value of senior convertible notes	68,349	86,010
Time deposits	$ 56,614	$ 7,468
Senior convertible notes issued			$ 122,500
Option to purchase warrants, description			Option to purchase warrants up to 2,000 of A ordinary share for a term of 6 months at an offer price of $100,000 by private placement.
Monthly payments on convertible notes			$ 3,500

Acceptances - Schedule of Other

Acceptances - Schedule of Other Financial Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Acceptances - Schedule Of Other Financial Liabilities
Payable under the film financing arrangements	$ 8,366	$ 8,898
Acceptances	$ 8,366	$ 8,898

Other Long-Term Liabilities - S

Other Long-Term Liabilities - Schedule of Other Long-Term Liabilities (Details) - USD ($) $ in Thousands		Mar. 31, 2019	Mar. 31, 2018
Other Long-term Liabilities
Deferred revenue	[1]	$ 13,271	$ 2,326
Employee benefit obligation		627	747
Other long-term liabilities		13,898	3,073
Discount on long-term advances from customers		$ 458
[1]	Includes significant discounting on long-term advances from customers

Derivative Financial Instrume_3

Derivative Financial Instruments - Schedule of Derivative Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Derivative Financial Instruments
Non-current derivative financial liabilities held for trading, interest rate cap	$ 620

Issued Share Capital - Schedule

Issued Share Capital - Schedule of Issued Share Capital (Details) $ / shares in Units, £ in Thousands, $ in Thousands		3 Months Ended																12 Months Ended
		Mar. 31, 2019USD ($)shares		Dec. 31, 2018USD ($)shares		Sep. 30, 2018USD ($)shares		Jun. 30, 2018USD ($)shares		Mar. 31, 2018USD ($)shares		Dec. 31, 2017USD ($)shares		Sep. 30, 2017USD ($)shares		Jun. 30, 2017USD ($)shares		Mar. 31, 2019USD ($)shares$ / shares		Mar. 31, 2018USD ($)shares$ / shares		Mar. 31, 2019GBP (£)shares		Jan. 31, 2019shares	Mar. 31, 2018GBP (£)shares		Mar. 31, 2017shares
Disclosure of classes of share capital [line items]
Shares issued, value | $		$ 742		$ 641		$ 1,471		$ 1,138		$ 2,681		$ 657		$ 114		$ 5
Share capital | $		$ 39,326								$ 35,334								$ 39,326		$ 35,334
Ordinary shares authorized		150,000,000	[1]							100,000,000								150,000,000	[1]	100,000,000		150,000,000	[1]		100,000,000
Ordinary shares authorized, value | £																						£ 45,000			£ 30,000
'A' Ordinary Shares
Disclosure of classes of share capital [line items]
Ordinary shares allotted, called up and fully paid	[2]	67,291,738								55,718,423								67,291,738		55,718,423		67,291,738			55,718,423		41,312,202
Shares issued		1,892,518	[2]	1,659,767	[2]	3,773,385	[2]	2,747,645	[2]	2,757,743	[2]	1,681,520	[2]	288,291	[2]	12,000	[2]	10,073,315		4,739,554
'A' Ordinary Shares | 2015 Share Plan
Disclosure of classes of share capital [line items]
Shares issued																		10,416		10,208
Average exercise price | $ / shares																		$ 7.92		$ 8.71
'A' Ordinary Shares | Issuance Towards Reliance Industries Limited
Disclosure of classes of share capital [line items]
Shares issued																		3,111,088
Average exercise price | $ / shares																		$ 15
'A' Ordinary Shares | Exercise Against Restricted Share Unit/Management Scheme
Disclosure of classes of share capital [line items]
Shares issued																		770,541		683,158
Average exercise price | $ / shares																		$ 0.39		$ 0.40
Shares exercised																		183,000		225,000
'A' Ordinary Shares | Issuance Towards Settlement Of Convertible Notes
Disclosure of classes of share capital [line items]
Shares issued																		4,411,359		2,624,668
'A' Ordinary Shares | Issuance To Founders Group
Disclosure of classes of share capital [line items]
Shares issued																		1,769,911		1,421,520
Average exercise price | $ / shares																		$ 14.69		$ 11.60
'A' Ordinary Shares | Transfer of B Ordinary to A Ordinary Share
Disclosure of classes of share capital [line items]
Ordinary shares allotted, called up and fully paid		1,500,000	[2]							9,666,667	[2]	9,666,667						1,500,000	[2]	9,666,667	[2]	1,500,000	[2]	1,500,000	9,666,667	[2]
'B' Ordinary Shares
Disclosure of classes of share capital [line items]
Ordinary shares allotted, called up and fully paid	[2]	8,212,715								9,712,715								8,212,715		9,712,715		8,212,715			9,712,715		19,379,382
Shares issued	[2]
'B' Ordinary Shares | Transfer of B Ordinary to A Ordinary Share
Disclosure of classes of share capital [line items]
Ordinary shares allotted, called up and fully paid	[2]	(1,500,000)								(9,666,667)								(1,500,000)		(9,666,667)		(1,500,000)			(9,666,667)
"B" Ordinary Shares
Disclosure of classes of share capital [line items]
Shares issued	[2]
"B" Ordinary Shares | Transfer of B Ordinary to A Ordinary Share
Disclosure of classes of share capital [line items]
Ordinary shares allotted, called up and fully paid												(9,666,667)												(1,500,000)
[1]	The Company increased authorized number of shares on October 25,2018.
[2]	Each A ordinary shares is entitled to one vote on all matters and each B shares shares is entitled to ten votes.

Issued Share Capital (Details N

Issued Share Capital (Details Narrative) $ / shares in Units, $ in Thousands

1 Months Ended

2 Months Ended

3 Months Ended

12 Months Ended

Aug. 31, 2018$ / sharesshares

Jul. 31, 2018USD ($)shares

Nov. 30, 2017shares$ / shares

May 31, 2017$ / sharesshares

Feb. 28, 2017shares$ / shares

Aug. 31, 2017$ / sharesshares

Jun. 30, 2019shares

Mar. 31, 2019shares

Dec. 31, 2018shares

Sep. 30, 2018shares

Jun. 30, 2018shares

Mar. 31, 2018$ / sharesshares

Dec. 31, 2017shares

Sep. 30, 2017shares

[1]

Jun. 30, 2017shares

[1]

Mar. 31, 2019shares$ / shares

Mar. 31, 2018USD ($)shares$ / shares

Mar. 31, 2017shares$ / shares

Mar. 31, 2016shares$ / shares

Mar. 31, 2015shares$ / shares

Jan. 31, 2019shares

Disclosure of classes of share capital [line items]

Proceeds from issuance of shares | $

$ 18,000

Number of shares issued

1,225,323

1,225,323

Employee

Disclosure of classes of share capital [line items]

Number of share options granted

197,820

Fair value market price, per share | $ / shares

$ 14.68

Vesting period

Vest over a period of two and half years with first tranche vesting on November 11, 2016.

Number of shares issued

54,846

54,846

'A' Ordinary Shares

Disclosure of classes of share capital [line items]

Shares issued

1,892,518

[1]

1,659,767

[1]

3,773,385

[1]

2,747,645

[1]

2,757,743

[1]

1,681,520

[1]

288,291

12,000

10,073,315

4,739,554

Ordinary shares issued against repayment towards monthly installment of convertible notes

2,624,668

4,411,359

Number of shares issued and fully paid

[1]

67,291,738

55,718,423

67,291,738

55,718,423

41,312,202

'A' Ordinary Shares | Ordinary Share Transactions

Disclosure of classes of share capital [line items]

Ordinary shares issued against repayment towards monthly installment of convertible notes

3,975,791

'A' Ordinary Shares | Reliance Industries Ltd

Disclosure of classes of share capital [line items]

Fair value market price, per share | $ / shares

$ 15

Shares issued

3,111,088

'A' Ordinary Shares | Consultants

Disclosure of classes of share capital [line items]

Fair value market price, per share | $ / shares

$ 9.26

$ 14.3

Shares issued

60,000

Number of shares issued

25,000

25,000

'A' Ordinary Shares | Group CFO

Disclosure of classes of share capital [line items]

Number of share options granted

300,000

Fair value market price, per share | $ / shares

$ 21.34

Vesting period

Vest annually in three tranches beginning June 9, 2016.

Number of shares issued

200,000

200,000

Shares vested and issued

100,000

'A' Ordinary Shares | Employee

Disclosure of classes of share capital [line items]

Number of share options granted

243,300

50,000

116,730

Fair value market price, per share | $ / shares

$ 13.25

$ 12.50

$ 12.2

$ 17.07

Vesting period

First vest immediately and remaining two tranches vest annually from the date of grant.

Vest over a period of three years.

Vest annually in three equal tranches from the date of grant.

Shares issued

148,895

Restricted shares issued

340,562

Number of shares issued

26,550

26,550

Shares issued as settlement compensation

148,895

Shares issued as settlement compensation, fair value per share | $ / shares

$ 12.2

$ 12.2

Shares exercised

10,416

10,208

Shares vested and issued

25,867

'A' Ordinary Shares | Founder Group

Disclosure of classes of share capital [line items]

Fair value market price, per share | $ / shares

$ 11.60

Shares issued

544,588

1,225,323

Proceeds from issuance of shares | $

$ 8,000

$ 18,000

Number of shares issued

1,421,520

1,421,520

'A' Ordinary Shares | Key Management Compensation

Disclosure of classes of share capital [line items]

Number of share options granted

680,000

620,000

Fair value market price, per share | $ / shares

$ 14.68

Vesting period

Vest over a period of three years

Vest over a period of three years

Shares vested and issued

220,000

100,000

'A' Ordinary Shares | Transfer of B Ordinary to A Ordinary Share

Disclosure of classes of share capital [line items]

Number of shares issued and fully paid

1,500,000

[1]

9,666,667

[1]

9,666,667

1,500,000

[1]

9,666,667

[1]

1,500,000

'A' Ordinary Shares | Employment Exit Agreement

Disclosure of classes of share capital [line items]

Number of share options granted

[2]

49,979

Fair value market price, per share | $ / shares

$ 10.80

$ 10

Shares issued

12,000

90,000

"B" Ordinary Shares

Disclosure of classes of share capital [line items]

Shares issued

[1]

"B" Ordinary Shares | Transfer of B Ordinary to A Ordinary Share

Disclosure of classes of share capital [line items]

Number of shares issued and fully paid

(9,666,667)

(1,500,000)

[1]

Each A ordinary shares is entitled to one vote on all matters and each B shares shares is entitled to ten votes.

[2]

26,979 share awards with Nil exercise price and 23,000 share awards with nominal exercise price.

Share Based Compensation Plan_2

Share Based Compensation Plans - Schedule of Compensation Cost Recognized (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation cost recognized		$ 21,561	$ 17,918	$ 23,471
IPO India Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation cost recognized		1,198	1,572	2,140
JSOP Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation cost recognized			615	3,622
Option Award Scheme 2012
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation cost recognized			197	699
2014 Share Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation cost recognized		47	(22)	1,427
2015 Share Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation cost recognized	[1]	3,059	100	328
Other Share Option Plans
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation cost recognized	[2]	5,346	7,283	4,405
Management Scheme (Staff Share Grant)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation cost recognized	[3]	$ 11,911	$ 8,173	$ 10,850
[1]	Includes of 1,305,399 options granted towards Share Plan 2015 during twelve months ended March 31, 2019 at an average exercise price of $14.86 per share and average grant date fair value $2.6 per share.
[2]	Includes Restricted Share Unit (RSU) and Other share option plans
[3]	Includes 1,400,000 shares granted twelve months ended March 31, 2019 to management personnel.

Share Based Compensation Plan_3

Share Based Compensation Plans - Schedule of Movement in Shares Held by the Joint Stock Ownership Plan Trust (Details) - JSOP Trust - shares	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of terms and conditions of share-based payment arrangement [line items]
Shares held at beginning of period	1,146,955	1,146,955	1,239,497
Shares granted
Shares exercised			(92,542)
Shares forfeiture/lapsed	(762,093)
Shares held at ending of period	384,862	1,146,955	1,146,955
Unallocated shares held by trust	868,794	106,701	106,701
Total shares held at end of period	1,253,656	1,253,656	1,253,656

Share Based Compensation Plan_4

Share Based Compensation Plans - Schedule of Range of Exercise Prices of Grants under Stock Option Plans (Details) - $ / shares		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018		Mar. 31, 2017
IPO India Plan
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices			$ 10	[1]	$ 10	[1]
IPO India Plan | Bottom of Range
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices	[1]	10
IPO India Plan | Top of Range
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices	[1]	150
JSOP Plan
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices		11
2014 Share Plan
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices
2014 Share Plan | Bottom of Range
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices		16.25
2014 Share Plan | Top of Range
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices		18.30
2015 Share Plan
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices		14.86
2015 Share Plan | Bottom of Range
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices		10.20
2015 Share Plan | Top of Range
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices		33.12
Other Share Option Plans
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices		16
Restricted Stock Unit
Disclosure of range of exercise prices of outstanding share options [line items]
Range of exercise prices
[1]	INR - Indian Rupees

Share Based Compensation Plan_5

Share Based Compensation Plans - Schedule of Employee Stock Option Plan Activity (Details)		12 Months Ended
		Mar. 31, 2019shares$ / shares	Mar. 31, 2018shares$ / shares		Mar. 31, 2017shares$ / shares
IPO India Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares		1,624,035	2,108,063		2,196,215
Number of shares, granted | shares			863,320		269,381
Number of shares, exercised | shares		(536,263)	(1,113,160)		(269,553)
Number of shares, forfeited and lapsed | shares		(329,886)	(234,188)		(87,980)
Number of shares, outstanding at ending of period | shares		757,886	1,624,035		2,108,063
Number of shares, exercisable at ending of period | shares		289,002	501,122		911,854
Weighted average exercise price, outstanding at beginning of period | $ / shares	[1]	$ 35	$ 35		$ 35.17
Weighted average exercise price, granted | $ / shares			10	[1]	10	[1]
Weighted average exercise price, exercised | $ / shares	[1]	10	32.19		10
Weighted average exercise price, forfeited and lapsed | $ / shares	[1]	51.66	10		10
Weighted average exercise price, outstanding at end of period | $ / shares	[1]	32.17	35		35
Weighted average exercise price, exercisable at ending of period | $ / shares	[1]	$ 68.13	$ 65.14		$ 63.75
IPO Plan - June 2006
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares					62,438
Number of shares, granted | shares
Number of shares, exercised | shares					(62,438)
Number of shares, forfeited and lapsed | shares
Number of shares, outstanding at ending of period | shares
Number of shares, exercisable at ending of period | shares
Weighted average exercise price, outstanding at beginning of period | $ / shares	[2]				$ 5.28
Weighted average exercise price, granted | $ / shares
Weighted average exercise price, exercised | $ / shares					5.28	[2]
Weighted average exercise price, forfeited and lapsed | $ / shares
Weighted average exercise price, outstanding at end of period | $ / shares
Weighted average exercise price, exercisable at ending of period | $ / shares						[2]
JSOP Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares		1,146,965	1,146,955		1,239,497
Number of shares, granted | shares
Number of shares, exercised | shares					(92,542)
Number of shares, forfeited and lapsed | shares		(762,093)
Number of shares, outstanding at ending of period | shares		384,862	1,146,965		1,146,955
Number of shares, exercisable at ending of period | shares		384,862	728,736		728,736
Weighted average exercise price, outstanding at beginning of period | $ / shares		$ 16.19	$ 16.19		$ 14.98
Weighted average exercise price, granted | $ / shares		11
Weighted average exercise price, exercised | $ / shares					11
Weighted average exercise price, forfeited and lapsed | $ / shares		18.86
Weighted average exercise price, outstanding at end of period | $ / shares		11	16.19		16.19
Weighted average exercise price, exercisable at ending of period | $ / shares		$ 11	$ 11		$ 11
Option Award Scheme 2012
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares		674,045	674,045		674,045
Number of shares, granted | shares
Number of shares, exercised | shares
Number of shares, forfeited and lapsed | shares		(674,045)
Number of shares, outstanding at ending of period | shares			674,045		674,045
Number of shares, exercisable at ending of period | shares			674,045		449,363
Weighted average exercise price, outstanding at beginning of period | $ / shares		$ 11	$ 11		$ 11
Weighted average exercise price, granted | $ / shares
Weighted average exercise price, exercised | $ / shares
Weighted average exercise price, forfeited and lapsed | $ / shares		11
Weighted average exercise price, outstanding at end of period | $ / shares			11		11
Weighted average exercise price, exercisable at ending of period | $ / shares			$ 11		$ 11
2014 Share Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares		399,999	723,749		773,749
Number of shares, granted | shares
Number of shares, exercised | shares
Number of shares, forfeited and lapsed | shares			(323,750)		(50,000)
Number of shares, outstanding at ending of period | shares		399,999	399,999		723,749
Number of shares, exercisable at ending of period | shares		399,999	289,583		288,333
Weighted average exercise price, outstanding at beginning of period | $ / shares		$ 17.79	$ 18.06		$ 17.86
Weighted average exercise price, granted | $ / shares
Weighted average exercise price, exercised | $ / shares
Weighted average exercise price, forfeited and lapsed | $ / shares			18.39		14.97
Weighted average exercise price, outstanding at end of period | $ / shares		17.79	17.79		18.06
Weighted average exercise price, exercisable at ending of period | $ / shares		$ 17.79	$ 17.67		$ 17.80
2015 Share Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares		211,250	233,750		282,500
Number of shares, granted | shares		1,305,399
Number of shares, exercised | shares		(10,416)	(10,208)		(8,750)
Number of shares, forfeited and lapsed | shares		(215,834)	(12,292)		(40,000)
Number of shares, outstanding at ending of period | shares		1,290,399	211,250		233,750
Number of shares, exercisable at ending of period | shares		981,545	181,354		127,604
Weighted average exercise price, outstanding at beginning of period | $ / shares		$ 16.21	$ 16.23		$ 16.68
Weighted average exercise price, granted | $ / shares		14.86
Weighted average exercise price, exercised | $ / shares		7.92	8.71		8.84
Weighted average exercise price, forfeited and lapsed | $ / shares		18.23	14.64		18.68
Weighted average exercise price, outstanding at end of period | $ / shares		14.68	16.21		16.23
Weighted average exercise price, exercisable at ending of period | $ / shares		$ 14.66	$ 17.36		$ 17.46
Other Share Option Plans
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares		500,000	500,000		1,000,000
Number of shares, granted | shares
Number of shares, exercised | shares
Number of shares, forfeited and lapsed | shares					(500,000)
Number of shares, outstanding at ending of period | shares		500,000	500,000		500,000
Number of shares, exercisable at ending of period | shares		400,000	300,000		200,000
Weighted average exercise price, outstanding at beginning of period | $ / shares		$ 18.88	$ 18.88		$ 18.44
Weighted average exercise price, granted | $ / shares		16
Weighted average exercise price, exercised | $ / shares
Weighted average exercise price, forfeited and lapsed | $ / shares					18
Weighted average exercise price, outstanding at end of period | $ / shares		16	18.88		18.88
Weighted average exercise price, exercisable at ending of period | $ / shares		$ 16	$ 18.88		$ 18.88
Restricted Stock Unit
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares		837,590	182,725		72,480
Number of shares, granted | shares		211,567	1,044,290		216,735
Number of shares, exercised | shares		(450,541)	(366,491)		(95,990)
Number of shares, forfeited and lapsed | shares		(93,225)	(22,934)		(10,500)
Number of shares, outstanding at ending of period | shares		505,391	837,590		182,725
Number of shares, exercisable at ending of period | shares		32,013	119,150		12,445
Weighted average exercise price, outstanding at beginning of period | $ / shares
Weighted average exercise price, granted | $ / shares
Weighted average exercise price, exercised | $ / shares
Weighted average exercise price, forfeited and lapsed | $ / shares
Weighted average exercise price, outstanding at end of period | $ / shares
Weighted average exercise price, exercisable at ending of period | $ / shares
Management Scheme
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares, outstanding at beginning of period | shares		1,513,333	1,130,000		910,000
Number of shares, granted | shares		1,400,000	700,000		670,000
Number of shares, exercised | shares		(320,000)	(316,667)		(450,000)
Number of shares, forfeited and lapsed | shares
Number of shares, outstanding at ending of period | shares		2,593,333	1,513,333		1,130,000
Number of shares, exercisable at ending of period | shares		516,667	173,333		180,000
Weighted average exercise price, outstanding at beginning of period | $ / shares
Weighted average exercise price, granted | $ / shares
Weighted average exercise price, exercised | $ / shares
Weighted average exercise price, forfeited and lapsed | $ / shares
Weighted average exercise price, outstanding at end of period | $ / shares
Weighted average exercise price, exercisable at ending of period | $ / shares
[1]	INR - Indian Rupees
[2]	GBP - Great British Pound Sterling

Share Based Compensation Plan_6

Share Based Compensation Plans - Schedule of Number and Weighted Average Remaining Life (Details) - $ / shares		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
IPO India Plan
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Weighted average remaining life (years)		7 years 8 months	8 years 1 month	7 years 8 months
Weighted average exercise price	[1]	$ 32.17	$ 35	$ 35	$ 35.17
JSOP Plan
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Weighted average remaining life (years)		3 years 1 month	3 years 11 months	4 years 11 months
Weighted average exercise price		$ 11	$ 16.19	$ 16.19	14.98
Option Award Scheme 2012
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Weighted average remaining life (years)			3 years 9 months	4 years 10 months
Weighted average exercise price			$ 11	$ 11	11
2014 Share Plan
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Weighted average remaining life (years)		2 years 3 months	5 years 11 months	7 years 1 month
Weighted average exercise price		$ 17.79	$ 17.79	$ 18.06	17.86
2015 Share Plan
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Weighted average remaining life (years)		6 years 1 month	6 years 1 month	6 years 1 month
Weighted average exercise price		$ 14.68	$ 16.21	$ 16.23	16.68
Other Share Option Plans
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Weighted average remaining life (years)		1 year 10 months	2 years 10 months	3 years 10 months
Weighted average exercise price		$ 16	$ 18.88	$ 18.88	18.44
Management Scheme
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Weighted average remaining life (years)		6 years	5 years 7 months	5 years 7 months
Weighted average exercise price
Restricted Stock Unit
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Weighted average remaining life (years)		6 years	5 years 7 months	5 years 8 months
Weighted average exercise price
[1]	INR - Indian Rupees

Share Based Compensation Plan_7

Share Based Compensation Plans - Schedule of Inputs to Fair Valuation Model (Details) - 2015 Share Plan	12 Months Ended
	Mar. 31, 2019yr
Statement Line Items [Line Items]
Expected volatility	50.00%	[1]
Dividend yield	0.00%
Range of fair value of the granted options at the grant date	$0.3 - 4.4	[2]
Bottom of Range
Statement Line Items [Line Items]
Option life (Years)	6.1
Risk free rate	2.50%
Top of Range
Statement Line Items [Line Items]
Option life (Years)	6.6
Risk free rate	2.90%
[1]	The expected volatility of all other options is based on the historic share price volatility of the Company over time periods comparable to the time from the grant date to the maturity dates of the options.
[2]	Fair value of options granted under all other schemes is measured using a Black Scholes model.

Share Based Compensation Plan_8

Share Based Compensation Plans (Details Narrative)	Mar. 31, 2013shares
JSOP Trust
Statement Line Items [Line Items]
Stock issued	2,000,164

Joint Stock Ownership Plan Re_3

Joint Stock Ownership Plan Reserve - Schedule of Joint Stock Ownership Plan Reserve (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Balance at beginning of period	$ 1,003,417	$ 883,548	$ 809,094
Issue out of treasury shares			1,018
Balance at end of period	656,985	1,003,417	883,548
JSOP Reserve
Statement Line Items [Line Items]
Balance at beginning of period	(15,985)	(15,985)	(17,167)
Issue out of treasury shares			1,182
Balance at end of period	$ (15,985)	$ (15,985)	$ (15,985)

Joint Stock Ownership Plan Re_4

Joint Stock Ownership Plan Reserve (Details Narrative) - 'A' Ordinary Shares - JSOP Trust - shares	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Ordinary shares eligible for issue	868,794	106,701
Discretionary vesting of shares	20.00%	20.00%
Shares held by the Trust	1,253,656	1,253,656

Other Components of Equity - Sc

Other Components of Equity - Schedule of Other Components of Equity (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of reserves within equity [line items]
Movement in reserve, opening balance		$ (48,649)	$ (48,118)
Reclassified to consolidated statements of income			375	$ 804
Impact of translation difference		5,610	(6,250)	3,872
Impairment loss on available-for-sale financial assets			(2,436)
Other comprehensive loss due to translation of foreign operations		(13,934)	(1,153)	6,618
Movement in reserve, ending balance		(79,696)	(48,649)	(48,118)
Hedging Reserve
Disclosure of reserves within equity [line items]
Movement in reserve, opening balance			(375)	(1,179)
Reclassified to consolidated statements of income			375	804
Movement in reserve, ending balance				(375)
Revaluation Reserve
Disclosure of reserves within equity [line items]
Movement in reserve, opening balance		1,835	1,829	1,856
Gain recognized on revaluation of property and equipment		1,019
Impact of translation difference		78	6	(27)
Movement in reserve, ending balance		2,932	1,835	1,829
Available for Sale Fair Value Reserves
Disclosure of reserves within equity [line items]
Movement in reserve, opening balance		6,238	6,238	6,622
Impairment loss on available-for-sale financial assets		(24,687)		(384)
Movement in reserve, ending balance		(18,449)	6,238	6,238
Currency Translation Reserve
Disclosure of reserves within equity [line items]
Movement in reserve, opening balance		(56,722)	(55,810)	(60,609)
Adoption of IFRS 9 (net of tax)		(34)
Other comprehensive loss due to translation of foreign operations	[1]	(7,423)	(912)	4,799
Movement in reserve, ending balance		$ (64,179)	$ (56,722)	$ (55,810)
[1]	Includes movement in foreign currency translation reserves arising on account of deconsolidation of financial asset.

Other Components of Equity (Det

Other Components of Equity (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Other Components Of Equity
Movement in foreign currency translation reserves		$ 502

Significant Non-Cash Expenses -

Significant Non-Cash Expenses - Schedule of Significant Non-Cash Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019		Mar. 31, 2018		Mar. 31, 2017
Significant Non-cash Expenses
Unrealized foreign exchange loss/(gain)	$ (3,329)		$ 5,466		$ (3,838)
Credit impairment loss, net	26,283		3,376
Impairment loss on available-for-sale financial assets			2,436
Net Losses on de-recognition of financial assets measured at amortized cost, net	5,988	[1]	3,562	[1]
Mark to market gain on derivative financial instrument measured at fair value through profit and loss	902				(10,297)
(Loss) on settlement of derivative financial instruments			586
Loss on financial liability (convertible notes) measures at fair value through profit and loss	21,398		13,840
Loss on deconsolidation of a subsidiary			14,649
Provisions for trade and other receivables			4,740		2,430
Provision no longer required, written-back	(120)		(124)		(798)
Impairment loss on advances content vendors	7,284		353		1,887
Impairment loss	423,335		1,205
Others significant non-cash expenses	32		30
Other non-cash items	$ 481,773		$ 50,119		$ (10,616)
[1]	Arising on assignment and novation of trade receivables and trade payables with no-recourse. Derecognition of aforesaid financial assets/liabilities measured at amortized cost is to mitigate both credit risk and liquidity risk.

Financial Instruments and Ris_3

Financial Instruments and Risk Management - Disclosure of Detailed Information about Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Financial Instruments And Risk Management
Debt (net of debt issuance cost of $691 (2018: $1,210))	$ 280,828	$ 276,946
Cash and cash equivalents	89,117	87,762	$ 112,267	$ 182,774
Net debt	145,045	189,184
Equity	$ 656,985	$ 1,003,417	$ 883,548	$ 809,094
Net debt to equity ratio	22.10%	18.90%

Financial Instruments and Ris_4

Financial Instruments and Risk Management - Disclosure of Financial Assets (Details) - USD ($) $ in Thousands		Mar. 31, 2019	Mar. 31, 2018
Disclosure of financial assets [line items]
Financial Assets		$ 355,168	$ 368,251
Financial Assets Available-For-Sale
Disclosure of financial assets [line items]
Financial Assets		3,692	27,257
Other Financial Assets
Disclosure of financial assets [line items]
Financial Assets	[1]	$ 351,477	$ 340,994
[1]	Other financial assets include loans and receivables, excluding prepaid charges and statutory receivables, and includes cash and cash equivalents and restricted deposits held with banks.

Financial Instruments and Ris_5

Financial Instruments and Risk Management - Disclosure of Financial Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Disclosure of financial liabilities [line items]
Financial liabilities at fair value through profit or loss	$ 362,656	$ 347,873
Financial Liabilities at Amortised Cost | Borrowings
Disclosure of financial liabilities [line items]
Financial Liabilities at amortized cost	212,479	190,936
Financial Liabilities at Amortised Cost | Trade Payables and Acceptances Excluding Value Added Tax and Other Tax Payables
Disclosure of financial liabilities [line items]
Financial Liabilities at amortized cost	81,208	70,927
Financial liabilities at fair value through profit or loss that meet definition of held for trading, category | Senior Convertible Notes at Fair Value through Profit or Loss
Disclosure of financial liabilities [line items]
Financial liabilities at fair value through profit or loss	68,349	86,010
Financial liabilities at fair value through profit or loss that meet definition of held for trading, category | Derivatives at Fair Value Through Profit of Loss
Disclosure of financial liabilities [line items]
Financial liabilities at fair value through profit or loss	$ 620

Financial Instruments and Ris_6

Financial Instruments and Risk Management - Disclosure of Foreign Currency Risk Exposure (Details) - Currency Risk - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
U.S. Dollar
Disclosure of nature and extent of risks arising from financial instruments [line items]
Foreign currency monetary assets and liabilities position	$ (6,117)	$ (4,350)
Great British Pounds Sterling
Disclosure of nature and extent of risks arising from financial instruments [line items]
Foreign currency monetary assets and liabilities position	(61,927)	(56,080)
Other
Disclosure of nature and extent of risks arising from financial instruments [line items]
Foreign currency monetary assets and liabilities position	$ (2,317)	$ 1,081

Financial Instruments and Ris_7

Financial Instruments and Risk Management - Maturity Analysis of Non-Derivative and Derivative Liabilities (Details) - Liquidity Risk - USD ($) $ in Thousands		Mar. 31, 2019		Mar. 31, 2018
Disclosure of maturity analysis for derivative financial liabilities [line items]
Borrowing principal payments	[1]	$ 281,519	[2]	$ 278,156
Borrowing interest payments		29,016		48,750
Derivative financial instruments		620
Acceptances		8,366		8,898
Trade and other payables		83,487		72,142
Less than 1 Year
Disclosure of maturity analysis for derivative financial liabilities [line items]
Borrowing principal payments	[1]	209,180	[2]	152,330
Borrowing interest payments		21,820		26,024
Derivative financial instruments		620
Acceptances		8,366		8,898
Trade and other payables		83,487		72,142
1-3 Years
Disclosure of maturity analysis for derivative financial liabilities [line items]
Borrowing principal payments	[1]	72,339	[2]	50,650
Borrowing interest payments		7,196		15,319
Derivative financial instruments
Acceptances
Trade and other payables
3-5 Years
Disclosure of maturity analysis for derivative financial liabilities [line items]
Borrowing principal payments				75,176	[1]
Borrowing interest payments				7,407
Derivative financial instruments
Acceptances
Trade and other payables
More than 5 Years
Disclosure of maturity analysis for derivative financial liabilities [line items]
Borrowing principal payments
Borrowing interest payments
Derivative financial instruments
Acceptances
Trade and other payables
[1]	Excludes cumulative effect of unamortized costs.
[2]	Includes senior convertible bonds, which are payable in cash at the option of the issuer.

Financial Instruments and Ris_8

Financial Instruments and Risk Management - Disclosure of Currency, Maturity and Interest Rate of Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 281,519	$ 278,156
Borrowings, interest rate	100.00%	100.00%
Fixed Interest Rate
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 205,156	$ 177,742
Borrowings, interest rate	72.90%	63.90%
Floating Rate
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 76,363	$ 100,414
Borrowings, interest rate	27.10%	36.10%
Less than 1 Year
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 209,180	$ 152,330
Borrowings, interest rate	74.30%	54.80%
1-3 Years
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 72,339	$ 50,650
Borrowings, interest rate	25.70%	18.20%
4 and 5 Years
Disclosure of detailed information about borrowings [line items]
Borrowings		$ 75,176
Borrowings, interest rate		27.00%
More than 5 Years
Disclosure of detailed information about borrowings [line items]
Borrowings
Borrowings, interest rate
U.S. Dollar
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 148,201	$ 107,236
Borrowings, interest rate	52.60%	38.60%
Great British Pounds Sterling
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 65,215	$ 70,055
Borrowings, interest rate	23.20%	25.20%
Indian Rupees
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 68,103	$ 100,865
Borrowings, interest rate	24.20%	36.20%

Financial Instruments and Ris_9

Financial Instruments and Risk Management - Disclosure of Fair Value Measurements of Assets (Details) - Recurring Fair Value Measurement - Level 2 of Fair Value Hierarchy - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Disclosure of fair value measurement of assets [line items]
Gross amount of recognized financial assets		$ 282
Gross amount of recognized financial liabilities offset in the statement of financial position
Net amounts financial assets presented in the statement of financial position		$ 282
Trade and Other Receivables
Disclosure of fair value measurement of assets [line items]
Gross amount of recognized financial assets	125,229
Gross amount of recognized financial liabilities offset in the statement of financial position
Net amounts financial assets presented in the statement of financial position	125,229
Investments at FVTPL
Disclosure of fair value measurement of assets [line items]
Gross amount of recognized financial assets	1,042
Gross amount of recognized financial liabilities offset in the statement of financial position
Net amounts financial assets presented in the statement of financial position	1,042
Investments at FVTOCI
Disclosure of fair value measurement of assets [line items]
Gross amount of recognized financial assets	2,650
Gross amount of recognized financial liabilities offset in the statement of financial position
Net amounts financial assets presented in the statement of financial position	$ 2,650

Financial Instruments and Ri_10

Financial Instruments and Risk Management - Disclosure of Fair Value Measurements of Liabilities (Details) - Recurring Fair Value Measurement - Level 2 of Fair Value Hierarchy - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Disclosure of fair value measurement of liabilities [line items]
Gross amount of recognized financial liabilities	$ 620
Gross amount of recognized financial assets offest in the statement of financial position
Net amounts financial liabilities presented in the statement of financial position	620
Borrowings at Fair Value
Disclosure of fair value measurement of liabilities [line items]
Gross amount of recognized financial liabilities	68,349	86,010
Gross amount of recognized financial assets offest in the statement of financial position
Net amounts financial liabilities presented in the statement of financial position	$ 68,349	$ 86,010

Financial Instruments and Ri_11

Financial Instruments and Risk Management - Disclosure of Offsetting of Financial Assets and Financial Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Disclosure of offsetting of financial liabilities [line items]
Fair value derivative instrument	$ (620)	$ 282
Cross Currency Swap
Disclosure of offsetting of financial liabilities [line items]
Average contract rate	6.40%
Notional principal amount	$ 10,040
Fair value derivative instrument	$ (620)	$ 282

Financial Instruments and Ri_12

Financial Instruments and Risk Management (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019		Mar. 31, 2018		Mar. 31, 2017	Mar. 31, 2016
Disclosure of detailed information about financial instruments [line items]
(Loss) on de-recognition of financial assets measured at amortized cost net (*)	$ (5,988)	[1]	$ (3,562)	[1]
Financial guarantees	51		1,171
Loss on derivative instruments	902		$ 304
Cross Currency Swap
Disclosure of detailed information about financial instruments [line items]
Exposure to credit risk	$ 10,040
Credit Risk
Disclosure of detailed information about financial instruments [line items]
Concentration of credit risk	20.30%		20.50%
(Loss) on de-recognition of financial assets measured at amortized cost net (*)	$ 5,988		$ 3,562
Assignment and novation of trade receivables	(166,066)		(82,068)
Assignment and novation of trade payables	(160,615)		(79,778)
Exposure to credit risk	41,335		10,193
Currency Risk
Disclosure of detailed information about financial instruments [line items]
Gain (Loss) in foreign exchange rates in position	7,036		5,935		$ (3,775)
Liquidity Risk
Disclosure of detailed information about financial instruments [line items]
Credit facility	290,353		287,684
Undrawn amounts	468		630
Financial guarantees	51		1,171
Interest Rate Risk
Disclosure of detailed information about financial instruments [line items]
Exposure to interest rate risk	$ 1,029		$ 851
[1]	Arising on assignment and novation of trade receivables and trade payables with no-recourse. Derecognition of aforesaid financial assets/liabilities measured at amortized cost is to mitigate both credit risk and liquidity risk.

Contractual Obligations and C_3

Contractual Obligations and Commitments - Disclosure of Contractual Obligations Related to Content Commitments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Contractual Obligations And Commitments
Contractual obligations	$ 301,660	$ 336,144

Contractual Obligations and C_4

Contractual Obligations and Commitments (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Contractual Obligations And Commitments
Standby letters of credit	$ 53,565	$ 53,904
Financial guarantees	$ 51	$ 1,171

Contingent Liabilities (Details

Contingent Liabilities (Details Narrative) - Tax Contingent Liability $ in Thousands	12 Months Ended
	Mar. 31, 2015USD ($)
Statement Line Items [Line Items]
Contingent liabilities	$ 61,000
Explanation of contingent liabilities	In Fiscal 2015 and Fiscal 2016 Eros received show causes assessment order from the Commissioner of Service Tax (India) levying an amount aggregating to $61,342 (including interest and penalty of $30,331) for the period April 1, 2009 to March 31, 2015 on account of service tax arising on temporary transfer of copyright services and certain other related matters. The Company has filed an appeal against the said order before the authorities. Considering the facts and nature of levies and the ad-interim protection for service tax levy for a certain period granted by the Honourable High Court of Mumbai, the Group expects that the final outcome of this matter will be favorable. There is no further update on this matter as preliminary hearing is yet to begin. In Fiscal 2015, Eros received several assessment orders and demand notices from value added tax and sales tax authorities in India for the payment of amounts aggregating to $3,013 (including interest and penalties) for certain fiscal years between April 1, 2005 and March 31, 2011. Eros has appealed against each of these orders, and such appeals are pending before relevant tax authorities. Though there uncertainties are inherent in the final outcome of these matters, the Company believes, based on assessment made after taking legal advice, that the final outcome of the matters will be favourable.

Related Party Transactions - Di

Related Party Transactions - Disclosure of Transactions between Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Red Bridge Group Limited
Disclosure of transactions between related parties [line items]
Details of Transaction	President fees	President fees
Related party liabilities	$ 648	$ 464
Related party assets
550 County Avenue
Disclosure of transactions between related parties [line items]
Details of Transaction	Rent/Deposit	Rent/Deposit
Related party liabilities	$ 499	$ 482
Related party assets	$ 135	$ 135
Line Cross Limited
Disclosure of transactions between related parties [line items]
Details of Transaction	Rent/Deposit	Rent/Deposit
Related party liabilities		$ 876
Related party assets		$ 258
NextGen Films Private Limited
Disclosure of transactions between related parties [line items]
Details of Transaction	Purchase/Sale	Purchase/Sale
Related party liabilities
Related party assets	$ 41,470	$ 38,862
Everest Entertainment LLP
Disclosure of transactions between related parties [line items]
Details of Transaction	Purchase/Sale	Purchase/Sale
Related party liabilities	$ 574	$ 65
Related party assets
Beech Investments Limited
Disclosure of transactions between related parties [line items]
Details of Transaction	Advance	Advance
Related party liabilities	$ 500
Related party assets
Lulla Family #1
Disclosure of transactions between related parties [line items]
Details of Transaction	Rent/Deposit	Rent/Deposit
Related party liabilities	$ 243	$ 244
Related party assets	$ 841	$ 947
Lulla Family #2
Disclosure of transactions between related parties [line items]
Details of Transaction	Salary	Salary
Related party liabilities	$ 3,279	$ 2,468
Related party assets
Lula Family #3
Disclosure of transactions between related parties [line items]
Details of Transaction	Advance
Related party liabilities	$ 6,650
Related party assets
Xfinite Global Plc
Disclosure of transactions between related parties [line items]
Details of Transaction	Advance
Related party liabilities	$ 6,500
Related party assets

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Disclosure of transactions between related parties [line items]
Film rights, acquired	$ 907	$ 2,655
Short-term borrowings	$ 140,559	$ 98,463
Short-term borrowings, interest rate	100.00%	100.00%
Salaries	$ 37,015	$ 35,661	$ 42,902
Film rights purchased	107,722	186,757	173,481
Deferred revenue	12,260	10,642
Supreme Chambers, 5th Floor
Disclosure of transactions between related parties [line items]
Monthly lease payment	$ 83
Lease agreement, description	Pursuant to a lease agreement that expires on January 4, 2020, Eros International Media Limited leases office premise for studio use at Supreme Chambers, 5th Floor, Andheri (W), Mumbai from Kishore and Sunil Lulla. Beginning January 2015, the lease requires Eros International Media Limited to pay $83 each month under this lease.
550 County Avenue
Disclosure of transactions between related parties [line items]
Monthly lease payment	$ 11
Lease agreement, description	Pursuant to a lease agreement, Eros USA Inc. leases the real estate property at 550 County Avenue, Secaucus, New Jersey, from 550 County Avenue Property Corp, a Delaware corporation owned by Beech Investments. The lease was renewed on April 1,2015, and required the Group to pay $11 each month. The lease has been mutually cancelled from end of November, 2018.
Red Bridge Group Limited
Disclosure of transactions between related parties [line items]
Compensation for services	$ 186	270	260
NextGen Films Private Limited
Disclosure of transactions between related parties [line items]
Film rights, acquired	$ 1,109	$ 7,760	616
Performance guarantee to bank in connection with funding commitments	8,000	8,000
Advances for film co-production	$ 6,192	$ 19,025	22,881
Refunds on abandonment of certain film projects		6,114	5,075
Installments from license fees	8,000
Revenue from license fees	1,413
Deferred revenue	6,587
Proceeds from advances	6,500
Everest Entertainment LLP
Disclosure of transactions between related parties [line items]
Film rights sold	1,260	166
Film rights purchased	314
Eros International Plc
Disclosure of transactions between related parties [line items]
Salaries	144	139	130
Eros India
Disclosure of transactions between related parties [line items]
Salaries	123	133	$ 133
Eros International Media Limited
Disclosure of transactions between related parties [line items]
Monthly lease payment	$ 4			$ 61
Lease agreement, description	Pursuant to a lease agreement that expired on March 31, 2019, the lease requires Eros International Media Limited to pay $4 each month under this lease. Eros International Media Limited leases apartments for studio use at Kailash Plaza, 3rd Floor, Opp. Laxmi Industrial Estate, Andheri (W), Mumbai, from Manjula K. Lulla, the wife of Kishore Lulla. The lease was renewed on April 1, 2019 for a further period of one year on the same terms. Pursuant to a lease agreement that expired on September 30, 2018, the lease requires Eros International Media Limited to pay $4 each month under this lease. Eros International Media Limited leases for use as executive accommodations the property Aumkar Bungalow, Gandhi Gram Road, Juhu, Mumbai, from Sunil Lulla. The lease was renewed on October 1, 2018 for a further period of three years on the same terms.
Eros Digital FZ LLC
Disclosure of transactions between related parties [line items]
Salaries	$ 213	$ 90

Major Consolidated Entities - D

Major Consolidated Entities - Disclosure of Major Consolidated Entities (Details)	12 Months Ended
	Mar. 31, 2019
Copsale Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	BVI
Percent of voting rights held	100.00%
Eros Australia Pty Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	Australia
Percent of voting rights held	100.00%
Eros International Films Private Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	India
Percent of voting rights held	100.00%
Eros International Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	U.K.
Percent of voting rights held	100.00%
Eros International Media Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	India
Percent of voting rights held	62.39%
Eros International USA Inc.
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	U.S.
Percent of voting rights held	100.00%
Eros Music Publishing Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	U.K.
Percent of voting rights held	100.00%
Eros Network Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	U.K.
Percent of voting rights held	100.00%
Eros Pacific Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	Fiji
Percent of voting rights held	100.00%
Eros Worldwide FZ-LLC
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jun. 1, 2006
Country of incorporation	UAE
Percent of voting rights held	100.00%
Big Screen Entertainment Private Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jan. 1, 2007
Country of incorporation	India
Percent of voting rights held	64.00%
EyeQube Studios Private Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jan. 1, 2008
Country of incorporation	India
Percent of voting rights held	99.99%
Acacia Investments Holdings Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Apr. 1, 2008
Country of incorporation	IOM
Percent of voting rights held	100.00%
Eros International Pte Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Aug. 1, 2010
Country of incorporation	Singapore
Percent of voting rights held	100.00%
Digicine Pte. Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Mar. 1, 2012
Country of incorporation	Singapore
Percent of voting rights held	100.00%
Colour Yellow Productions Private Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	May 1, 2014
Country of incorporation	India
Percent of voting rights held	50.00%
Eros Digital FZ LLC
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Sep. 1, 2015
Country of incorporation	UAE
Percent of voting rights held	100.00%
Eros Digital Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Jul. 1, 2016
Country of incorporation	IOM
Percent of voting rights held	100.00%
Eros Films Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Nov. 1, 2016
Country of incorporation	IOM
Percent of voting rights held	100.00%
Universal Power Systems Private Limited
Disclosure of information about consolidated structured entities [line items]
Date of incorporation	Aug. 1, 2015
Country of incorporation	India
Percent of voting rights held	100.00%

Major Consolidated Entities (De

Major Consolidated Entities (Details Narrative) - Eros International Media Limited	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disclosure of information about consolidated structured entities [line items]
Rate of reduction of holdings	62.39%	60.13%
Rate of security pledged against certain borrowings	47.74%
Change in shareholding, description	The change in shareholding was due to exercise of 0.11% ESOP by the employees and purchase of 2.37% shares in open market.

Non-Controlling Interest - Disc

Non-Controlling Interest - Disclosure of Non-Controlling Interest (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Disclosure of subsidiaries [line items]
Current assets		$ 351,597	$ 339,562
Non-current assets		737,305	1,070,757	$ 980,888
Current liabilities		(318,672)	(239,327)
Non-current liabilities		(113,245)	(167,575)
Total net assets attributable		1,088,902	1,410,319
Equity attributable to owners of the Group		521,456	865,689
Equity attributable to non-controlling interests		135,529	137,728
Revenue	[1]	270,126	261,253	252,994
Expenses		(242,530)	(202,737)	(227,549)
Profit/(Loss) for the year		(410,453)	(9,745)	11,455
Profit attributable to the owners of the Group		(423,867)	(22,575)	3,805
Profit attributable to non-controlling interests		13,414	12,830	7,650
Other comprehensive (loss)/income during the year		(41,462)	(772)	7,011
Total comprehensive income during the year		(451,915)	(10,517)	18,466
Total comprehensive income attributable to the owners of the Group		(459,321)	(23,106)	8,997
Total comprehensive income attributable to non-controlling interests		7,406	12,589	9,469
Net cash inflow from operating activities		74,966	83,243	98,993
Net cash outflow from investing activities		(157,733)	(185,420)	(175,191)
Net cash inflow from financing activities		84,117	77,415	5,929
Net cash (outflow)inflow		1,350	(24,762)	$ (70,269)
Subsidiaries with Material Non-Controlling Interests | EIML
Disclosure of subsidiaries [line items]
Current assets		183,944	152,997
Non-current assets		385,463	418,118
Current liabilities		(158,182)	(162,898)
Non-current liabilities		(53,210)	(65,582)
Total net assets attributable		358,015	342,635
Equity attributable to owners of the Group		222,486	204,907
Equity attributable to non-controlling interests		135,529	137,728
Revenue		149,969	151,887
Expenses		(114,709)	(118,858)
Profit/(Loss) for the year		35,260	33,029
Profit attributable to the owners of the Group		21,846	20,199
Profit attributable to non-controlling interests		13,414	12,830
Other comprehensive (loss)/income during the year		(12,500)	(612)
Total comprehensive income during the year		22,760	32,417
Total comprehensive income attributable to the owners of the Group		15,354	19,828
Total comprehensive income attributable to non-controlling interests		7,406	12,589
Net cash inflow from operating activities		50,470	49,096
Net cash outflow from investing activities		(37,729)	(55,755)
Net cash inflow from financing activities		(14,462)	6,707
Net cash (outflow)inflow		$ (1,721)	$ 48
[1]	Net of significant discounting component

Non-Controlling Interest (Detai

Non-Controlling Interest (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Non-controlling Interest
Non-controlling interest, rate	37.61%	39.87%
Exercise of ESOP by employees, rate	0.11%	1.17%
Sale of shares in open market, rate	2.37%	12.03%
Proceeds from exercise of options	$ 2,892

Significant Accounting Estima_2

Significant Accounting Estimates and Judgments (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Significant Accounting Estimates And Judgments
Intangible assets, period of amortization	Amortization is spread evenly over the lesser of 10 years or the license period.
Loss recognized in deconsolidation		$ 500
Equity interest, divested		51.00%
Credit impairment (loss)	$ 41,335	$ 10,193

New Standards Adopted as at A_3

New Standards Adopted as at April 1, 2018 - Schedule of Original and New Measurement Categories (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Category Value		$ 350,445	$ 358,213
Category Value		345,781	358,213
Category Value		372,681	357,986
Category Value		$ 366,113	$ 341,583
Total Borrowings (Excluding Convertible Notes)
Statement Line Items [Line Items]
Category		Amortized cost	Amortized cost
Category Value		$ 212,479	$ 190,936
Category		Amortized cost	Amortized cost
Category Value		$ 205,911	$ 174,533
Convertible Notes
Statement Line Items [Line Items]
Category	[1]	Financial Liabilities at FVTPL	Financial Liabilities at FVTPL
Category Value		$ 68,349	$ 86,010
Category	[1]	Financial Liabilities at FVTPL	Financial Liabilities at FVTPL
Category Value		$ 68,349	$ 86,010
Trade and Other Payables
Statement Line Items [Line Items]
Category		Amortized cost	Amortized cost
Category Value		$ 83,487	$ 72,142
Category		Amortized cost	Amortized cost
Category Value		$ 83,487	$ 72,142
Acceptances
Statement Line Items [Line Items]
Category		Amortized cost	Amortized cost
Category Value		$ 8,366	$ 8,898
Category		Amortized cost	Amortized cost
Category Value		$ 8,366	$ 8,898
Cash and Cash Equivalents
Statement Line Items [Line Items]
Category		Loans and Receivables	Loans and Receivables
Category Value		$ 89,117	$ 87,762
Category		Amortized cost	Amortized cost
Category Value		$ 89,117	$ 87,762
Restricted Deposits
Statement Line Items [Line Items]
Category		Loans and Receivables	Loans and Receivables
Category Value		$ 56,614	$ 7,468
Category		Amortized cost	Amortized cost
Category Value		$ 56,614	$ 7,468
Investment at Fair Value
Statement Line Items [Line Items]
Category		Available for sale financial assets
Category Value		$ 1,042
Category	[1]	Financial assets at FVTPL
Category Value		$ 1,042
Investment at Amortised Cost
Statement Line Items [Line Items]
Category		Available for sale financial assets
Category Value		$ 2,650
Category	[2]	Financial assets at FVTOCI
Category Value		$ 2,650
Investments in Equity Instruments
Statement Line Items [Line Items]
Category			Available for sale financial assets
Category Value			$ 27,257
Category	[2]		Financial assets at FVTOCI
Category Value			$ 27,257
Trade Receivables
Statement Line Items [Line Items]
Category		Trade Accounts Receivables	Loans and Receivables
Category Value		$ 71,129	$ 235,726
Category		Amortized cost	Amortized cost
Category Value		$ 71,129	$ 235,726
Trade Receivables #2
Statement Line Items [Line Items]
Category		Trade Accounts Receivables
Category Value		$ 125,229
Category	[2]	Financial assets at FVTOCI
Category Value		$ 125,229
[1]	Fair value through profit and loss.
[2]	Fair value through other comprehensive income.

New Standards Adopted as at A_4

New Standards Adopted as at April 1, 2018 - Summary of Impacts of Adopting IFRS 15 and IFRS 9 (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Assets
Other long-term Liability		$ 13,898	$ 3,073
Deferred income tax liabilities		27,427	39,519	$ 35,973
Reserves		(2,202)	422,992
Non-controlling interests		135,529	137,728
Revenue	[1]	270,126	261,253	252,994
Cost of sales		155,396	134,708	164,240
Gross profit		114,730	126,545	88,754
Administrative cost		87,134	68,029	63,309
Operating profit before exceptional item		27,596	58,516	25,445
Impairment loss		423,335
Operating profit/(loss)		(395,739)	58,516	25,445
Financing costs		24,093	19,668	19,521
Finance income		16,419	1,855	2,365
Net finance costs		7,674	17,813	17,156
Other gains/(losses)		288	(41,321)	14,205
Profit/(loss) before tax		(403,125)	(618)	22,494
Income tax		(7,328)	(9,127)	(11,039)
Profit/(loss) for the year		(410,453)	(9,745)	11,455
Other comprehensive income/(loss)		(41,462)	(772)	7,011
Total Other comprehensive (loss)/income for the year		(451,915)	(10,517)	18,466
Profit/(loss) for the year attributable to:
Equity holders of Eros International Plc		(423,867)	(22,575)	3,805
Non-controlling interest		13,414	12,830	7,650
Total comprehensive (loss)/income for the year attributable to:
Equity holders of Eros International Plc		(459,321)	(23,106)	8,997
Non-controlling interest		$ 7,406	$ 12,589	$ 9,469
Number of Shares
Potential or dilutive effect related to share based compensation scheme		1,957,035	1,025,000
Earnings/(loss) per share
Earnings attributable to the equity holders of Eros International Plc per share (cents), basic		$ (599.5)	$ (36.3)	$ 6.4
Earnings attributable to the equity holders of Eros International Plc per share (cents), diluted		$ (599.5)	$ (36.3)	$ 5.1
Amount Without Adoption of IFRS 9/15
Assets
Trade and other receivables		$ 250,250	$ 235,726
Other long-term Liability		13,440
Deferred income tax liabilities		28,348	38,846
Currency translation reserve		(64,305)	(56,756)
Reserves		24,837	408,722
Non-controlling interests		143,193	134,208
Revenue		294,399
Cost of sales		155,396
Gross profit		139,003
Administrative cost		76,461
Operating profit before exceptional item		62,542
Impairment loss		423,335
Operating profit/(loss)		(360,793)
Financing costs		23,635
Finance income		14,210
Net finance costs		(9,425)
Other gains/(losses)		(20,410)
Profit/(loss) before tax		(390,628)
Income tax		(7,576)
Profit/(loss) for the year		(398,204)
Other comprehensive income/(loss)		(36,798)
Total Other comprehensive (loss)/income for the year		(435,002)
Profit/(loss) for the year attributable to:
Equity holders of Eros International Plc		(415,540)
Non-controlling interest		17,336
Total comprehensive (loss)/income for the year attributable to:
Equity holders of Eros International Plc		(446,552)
Non-controlling interest		11,550
Amount Before IFRS Adoption
Assets
Trade and other receivables		215,210	254,223
Other long-term Liability		13,898
Deferred income tax liabilities		27,427	39,519
Currency translation reserve		(64,179)	(56,722)
Reserves		(2,202)	422,992
Non-controlling interests		135,529	137,728
Revenue		270,126
Cost of sales		155,396
Gross profit		114,730
Administrative cost		87,134
Operating profit before exceptional item		27,596
Impairment loss		423,335
Operating profit/(loss)		(395,739)
Financing costs		24,093
Finance income		16,419
Net finance costs		(7,674)
Other gains/(losses)		288
Profit/(loss) before tax		(403,125)
Income tax		(7,328)
Profit/(loss) for the year		(410,453)
Other comprehensive income/(loss)		(41,462)
Total Other comprehensive (loss)/income for the year		(451,915)
Profit/(loss) for the year attributable to:
Equity holders of Eros International Plc		(423,867)
Non-controlling interest		13,414
Total comprehensive (loss)/income for the year attributable to:
Equity holders of Eros International Plc		(459,321)
Non-controlling interest		7,406
Basic
Earnings
Earnings attributable to the equity holders of the parent		(423,867)	(22,575)	$ 3,805
Potential dilutive effect related to share based compensation scheme in subsidiary undertaking
Adjusted earnings attributable to equity holders to Eros International Plc		$ (423,867)	$ (22,575)	$ 3,805
Number of Shares
Weighted average number of shares		70,706,579	62,151,155	59,410,292
Potential or dilutive effect related to share based compensation scheme
Adjusted weighted average number of shares		70,706,579	62,151,155	59,410,292
Earnings/(loss) per share
Earnings attributable to the equity holders of Eros International Plc per share (cents), basic		$ (599.5)	$ (36.3)	$ 6.4
Diluted
Earnings
Earnings attributable to the equity holders of the parent		$ (423,867)	$ (22,575)	$ 3,805
Potential dilutive effect related to share based compensation scheme in subsidiary undertaking		(197)	(475)	(673)
Adjusted earnings attributable to equity holders to Eros International Plc		$ (424,064)	$ (23,050)	$ 3,132
Number of Shares
Weighted average number of shares		70,706,579	62,151,155	59,410,292
Potential or dilutive effect related to share based compensation scheme		1,463,640	1,331,211	1,532,839
Adjusted weighted average number of shares		72,170,219	63,482,366	60,943,131
Earnings/(loss) per share
Earnings attributable to the equity holders of Eros International Plc per share (cents), diluted		$ (599.5)	$ (36.3)	$ 5.1
Impact of Adoption of IFRS 15 and IFRS 9 | Basic
Earnings
Earnings attributable to the equity holders of the parent		$ (415,540)
Potential dilutive effect related to share based compensation scheme in subsidiary undertaking
Adjusted earnings attributable to equity holders to Eros International Plc		$ (415,540)
Number of Shares
Weighted average number of shares		70,706,579
Potential or dilutive effect related to share based compensation scheme
Adjusted weighted average number of shares		70,706,579
Earnings/(loss) per share
Earnings attributable to the equity holders of Eros International Plc per share (cents), basic		$ (587.70)
Impact of Adoption of IFRS 15 and IFRS 9 | Diluted
Earnings
Earnings attributable to the equity holders of the parent		$ (415,540)
Potential dilutive effect related to share based compensation scheme in subsidiary undertaking		(197)
Adjusted earnings attributable to equity holders to Eros International Plc		$ (415,737)
Number of Shares
Weighted average number of shares		70,706,579
Potential or dilutive effect related to share based compensation scheme		1,463,640
Adjusted weighted average number of shares		72,170,219
Earnings/(loss) per share
Earnings attributable to the equity holders of Eros International Plc per share (cents), diluted		$ (587.70)
Impact of Adoption of IFRS 9
Assets
Trade and other receivables		$ 10,767	$ (18,497)
Deferred income tax liabilities		921	673
Currency translation reserve		(126)	(34)
Reserves		4,121	(14,270)
Non-controlling interests		5,851	$ (3,520)
Revenue
Cost of sales
Gross profit
Administrative cost	[2]	10,673
Operating profit before exceptional item	[2]	10,673
Impairment loss
Operating profit/(loss)	[2]	10,673
Financing costs
Finance income	[2]	2,209
Net finance costs	[2]	(2,209)
Other gains/(losses)	[2]	(20,698)
Profit/(loss) before tax	[2]	(12,234)
Income tax	[2]	(248)
Profit/(loss) for the year	[2]	(12,482)
Other comprehensive income/(loss)	[2]	4,664
Total Other comprehensive (loss)/income for the year	[2]	(7,818)
Profit/(loss) for the year attributable to:
Equity holders of Eros International Plc	[2]	(14,591)
Non-controlling interest	[2]	2,109
Total comprehensive (loss)/income for the year attributable to:
Equity holders of Eros International Plc	[2]	(10,149)
Non-controlling interest	[2]	2,331
Impact of Adoption of IFRS 15
Assets
Trade and other receivables	[2]	24,273
Other long-term Liability	[2]	(458)
Deferred income tax liabilities
Currency translation reserve
Reserves	[2]	22,918
Non-controlling interests	[2]	1,813
Revenue	[2]	24,273
Cost of sales
Gross profit	[2]	24,273
Administrative cost
Operating profit before exceptional item	[2]	24,273
Impairment loss
Operating profit/(loss)	[2]	24,273
Financing costs	[2]	458
Finance income
Net finance costs	[2]	458
Other gains/(losses)
Profit/(loss) before tax	[2]	24,731
Income tax
Profit/(loss) for the year	[2]	24,731
Total Other comprehensive (loss)/income for the year	[2]	24,731
Profit/(loss) for the year attributable to:
Equity holders of Eros International Plc	[2]	22,918
Non-controlling interest	[2]	1,813
Total comprehensive (loss)/income for the year attributable to:
Equity holders of Eros International Plc	[2]	22,918
Non-controlling interest	[2]	$ 1,813
[1]	Net of significant discounting component
[2]	Incremental impact on account of adoption of IFRS 15 and IFSR 9, in addition to those reported under guidance of IAS 18 and IAS 39

New Standards Adopted as at A_5

New Standards Adopted as at April 1, 2018 (Details Narrative) - IFRS 15 - Revenue for Contracts with Customers $ in Thousands	12 Months Ended
	Mar. 31, 2019USD ($)
Statement Line Items [Line Items]
Revenue included in contract liability	$ 9,747
License fees	14,723
Performace obligations	$ 10,347
Rate of recognized revenue on performance obligations	80.00%
Collection period	2-3 years

Standards Not Yet Adopted (Deta

Standards Not Yet Adopted (Details Narrative) - Standards Not Yet Adopted - IFRS 16 - Leases - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Apr. 01, 2019
Statement Line Items [Line Items]
Future minimum lease payments	$ 1,848
Right of use assets		$ 1,590