The purpose of this discussion to provide an understanding of financial statements and
a composite summary of performance of our business.
Management Discussion and Analysis (MDA) includes :
A. Indian Economy Overview
B. Industry Overview
C. Business Overview D. Business Outlook
E. Significant developments subsequent to the last financial year F. Financial And
Operational Performance
G. Internal Control Systems and adequacy
H. Material Development in Human Resources I. Opportunities And Threats J. Risks And
Concerns
K. Discussion On Financial Performance With Respect To Operational Performance L.
Cautionary Statement
A. Indian Economy OveNiew :
India is seeing a significant move towards urbanization and agriculture is the primary
source of livelihood for about 58% of Indias population. With rise in aspirations, there
is a steady migration of young people from rural areas to urban areas. This affects the
population engaged in agriculture and also the people dependent on it.
Infrastructure in any country plays a vital role for the economys growth and
development. The Indian economy is
getting bigger and better with every passing year. And needless to say, Infrastructure
will contribute significantly to
the countrys overall development. Nearly all the infrastructure sectors will provide
excellent opportunities for investments, with roads, railways, ports, power and airports
being the major attractions.
B. Industrv OveNiew :
The economy status of a country is greatly depicted by its rate of industrialization of
the country. The type of
industry that the country relies on, highly contributes to the economic status of the
country. Industry analysis is a
critical aspect of business management and planning that involves evaluating and
understanding various factors that influence the performance of an industry. It involves
assessing the current market conditions, trends, competition, and other significant
aspects that impact the success and profitability of businesses.
It helps businesses identify opportunities, mitigate risks, make strategic decisions,
and stay ahead of the
competition. As such, it is an essential tool for businesses seeking to gain a
competitive edge and increase their profitability.
Agriculture Industry Overview:
Agriculture is the primary source of livelihood for about 58% of Indias population. It
contributes 17% of Indias GDP. Indian food and grocery market is the worlds sixth
largest, with retail contributing 70 per cent of the sales. Agriculture Sector involves
the production, processing, and distribution of agricultural products. It consists of all
activities related to cultivating crops, raising livestock, and producing various food and
non-food products derived from agricultural resources.
Construction Industry Overview :
The Construction Industry in India plays a vital role in economic activity after
agriculture and provides employment
to large amount of people. Broadly, construction can be classified into two segments -
infrastructure and real estate. The infrastructure segment involves construction projects
in different sectors like roads, rails, ports,
irrigation, power, etc. Investment in the infrastructure sector plays a crucial role in
the growth of the economy of the country. Development of infrastructure in the country
mainly depends upon the spending by GOI in various sub
segments of infrastructure.
C. Business Overview:
We had entered into diversified area of business during the Financial Year 2022-23 by
foraying into the trading of
agro products within the country and with major focus on exports. Hence we have applied
to change the name of the Company from "ANUBHAV INFRASTRUCTURE LIMITED" to
"KAIZEN AGRO INFRABUILD LIMITED" which is due to be approved by the Ministry of
Corporate Affairs (MCA). We are also planning to expand our existing infrastructure based
business which we are doing since last 17 years. We have a collective group of knowledge
of around 30 years into the said infrastructure business. As India is a growing economy
and with our honorable Prime Ministers ?Shri Narendra D. Modi" vision of promoting
"Make in India" strategy, we are aggressively trying to move ahead and expand
our existing infrastructure business in India and also enter into a new business of agro
based product trading. We are well versed that Agriculture constitute an important part of
Indian economy and considered as a primary source of income in rural areas. Agriculture is
the primary source of livelihood for about 58% of Indias population. It contributes 17%
of Indias GDP. Indian food and grocery market is the worlds sixth largest, with retail
contributing 70 per cent of the sales. Contrary to popular understanding, the 1991
liberalisation completely bypassed the agricultural sector. Agriculture continues to
remain one of the most regulated sectors in India. Agri-
marketing is one of the weakest links in the system. Government has multiple
initiatives for the agricultural sector considering the strategic nature and also the
number of people associated with it. We as an aggregator and trader wants to encash this
opportunity available in the Indias primary source of Income
D. Business Outlook :
Outlook remains stable for the current year. The Company has a Net Worth as on March
31, 2023 is Rs. 6984.17
Lacs. We had entered into a business of trading of agro products within the country and
with major focus on exports. This assumes significance when we take into account that the
leading infrastructure companies are passing on the projects awarded, to contractors down
the line. Further, most of our clients are private sector entities and we have not faced
many challenges as far as billing and collections are concerned. We have not had any bad
debts so far and
we do not have any outstanding debtors position for more than six months.
E. Significant developments subsequent to the last financial year:
After the date of last financial year, i.e. March 31, 2023, the Directors of our
Company confirm that, there is a
significant material developments in the business line of a Company which was already
stated above.
Key factors affecting the Results of Operations :
Our Companys future results of operations could be affected potentially by the
following factors:
./ Political condition: In case of political instability, government could change the
spending pattern on infrastructure. This change in policy framework can affect our
business .
./ Stringent condition of our contract: Most of our contracts are time bound as well as
put a condition of meeting the minimum standard requirement of such construction. Contract
may stipulate penalty condition for non-closure of our project in time. This non
completion of project in time could affect our financials. We are subject to blacklisting
by the authority for non-full-filing our commitment.
./ Our ability to attract and retain skilled and technical staff: Skilled and Technical
Staffs are required by us for all
our projects. We take up various projects based on availability of right mix of man
power. Thus our growth is likely to be affected by our ability to attract and retain
skilled and technical manpower .
./ Effect of Inflation: We are affected by inflation as it has an impact on the
operating cost, staff costs etc. In line with changing inflation rates, we rework our
margins so as to absorb the inflationary impact.
F. Internal Control System And Adequacy:
Internal Control Systems has been designed to provide reasonable assurance that assets
are safeguarded,
transactions are executed in accordances with managements authorization and properly
recorded and accounting
records are adequate for preparation of financial statements and other financial
information. Internal check is conducted on a periodical basis to ascertain the adequacy
and effectiveness of internal control systems.
G. Financial And Operational Performance:
| •. Particulars |
Year Ended 31st March 2023 |
Year Ended 31st March 2022 |
| 1 Turnover |
2218.35 |
32.75 |
| 2 Profit!(Loss) before taxation |
56.48 |
(17.04) |
| 3 Less: Tax Expense |
14.78 |
0.03 |
| 4 Profit/(Loss) after tax |
39.31 |
(17.07) |
| 5 Add: Balance BIF from the previous year |
195.42 |
212.50 |
| 6 Balance Profit I (Loss) CIF to the next year |
234.73 |
195.42 |
H. Material Development in Human Resources :
During the year, your Company has appointed Company Secretary and Compliance Officer to
look over various compliances. The Company continues to lay emphasis on developing and
facilitating optimum human performance management was the key word for the Company this
year.
I. Opportunities And Threats:
The performance of capital market in India has a direct correlation with the prospect
of economic growth and
political stability. Though the growth projections for FY. 2022-23 appear reasonable,
there are certain downside risks such as pace and shape of global recovery, effect of
withdrawal of fiscal stimulus and hardening of commodity prices. Our business performance
may also be impacted by increased competition from local and global players operating in
India, regulatory changes and attrition of employees. With growing presence of players
offering advisory service coupled with provision of funds for the clients needs, we would
face competition of unequal proportion.
J. Risks And Concerns:
This section contains forward - looking statements that involve risks and
uncertainties. -Our actual results could differ materially from those anticipated in these
statements. As the industrial and economic growth of the country is showing steady
improvement. There is no perceived risk and concern in this area of business and there is
an
ample scope for growth in India itself. Forward looking statements are based on certain
assumptions and expectations of the future events that are subject to risks and
uncertainties. Actual future results and trend may differ materially from historical
results, depending on variety of factors. Their risk and concerns faced by the Company are
similar to those faced by any growing organization in today dynamic industrial and
economic scenario.
K. Discussion on Financial Performance with Respect to Operational Performance:
The details of the financial performance are appearing in the financial statements
separately. The highlights of the
same are also mentioned in the Directors Report.
L Cautionary Statement :
Certain statements under "Management Discussion & Analysis" describing
the Companys objectives, projections, estimates, expectations or predictions may be
forward looking statement within the meaning of applicable securities laws and
regulations. Although the expectations are based on reasonable assumptions, the actual
results
could materially differ from those expressed or implied, since the Companys operations
are influenced by many external and internal factors beyond the control of the Company.
The Company assumes no responsibility to publicly amend, modify or revise any forward
looking statements, on the basis of any subsequent developments, information or events.
|
For and on behalf of the Board |
|
For Anubhav Infrastructure limited |
|
AnkurHada |
| Place: Kolkata |
(Managing Director) |
| Date: August 19. 2023 |
Din: 10163731 |
+91-9892691696
