sbec systems india ltd Management discussions

COMPANY STRUCTURE AND DEVELOPMENT

Your Company is in the business of supplying equipment and consultancy services to the industries. The management is confident to revive its business activities in near future depending upon more favorable conditions prevailing in the market barring unforeseen circumstances.

INTERNAL CONTROLS AND SYSTEMS

The Company has an appropriate internal control system for its various functions with the ultimate objective of improving efficiency in its operations, better financial management and compliance with regulations and applicable laws. The Company has appointed an Internal Auditor. All operating parameters are well defined and monitored periodically. The detailed internal audit reports are discussed at length at various levels and thereafter the said reports are also placed before the Audit Committee for review and discussion.

INTERNAL CONTROLS AND SYSTEMS

Particulars	2022-23	2021-22	2020-21
Revenue and Other Income	31,535	29,683	2,283
EBITDA**	21,367	21,280	(354)

** Earning before interest, tax, depreciation and amortization.

HUMAN RESOURCES AND INDUSTRIAL RELATIONS

The Companys Human Resources Philosophy is to establish and build a strong performance and competence driven culture with greater sense of accountability and responsibility. The effort to rationalize and streamline the workforce is a continuous Process. The industrial relations scenario remained harmonious throughout the year.

DISCLOSURE RELATING TO SENIOR MANAGEMENT

During the year under review there was no material financial or commercial Transaction where Senior Management Personnel has personal interest that may have potential conflict with the interest of the company at large. The Company has received necessary declarations from the Senior Management Personnel.

DETAILS OF SIGNIFICANT CHANGES

Details of significant changes as required under SEBI (LODR) Regulations, 2015 are as under:

SI. NO. Particulars	As on 31.03.2023	ENTER>As on 31.03.2022
1. Debtors Turnover	7.79	20.60
2. Inventory Turnover	-	-
3. Interest Coverage Ratio*	1.95	3.61
4. Current Ratio	0.12	0.04
5. Debt Equity Ratio	(1.87)	(1.69)
6. Operating Profit Margin (%)	-	-
7. Net Profit Ration	35.09	43.78
8. Return on net worth*	-	-

Note* Companys Net Worth was eroded in the past years, so Return on Net Worth is not applicable to Company.

DISCLOSURE OF ACCOUNTING TREATMENT.

During the year under review there was no change in the Accounting treatment. The financial statements are prepared in accordance with the Indian

Accounting Standards (Ind AS).

CAUTIONARY STATEMENT

The above Management Discussion and Analysis Report contain "forward looking statements" within the meaning of applicable laws, and regulations and are futuristic in nature. All statements that address expectations or projections of the future, including, but not limited to statements about the Companys strategy for growth, market position, expenditures and financial results are forward looking statements. The Companys actual results, performance or achievement could thus differ materially from those projected in any such forward looking statements. Investors are requested to make their own independent judgments before taking any investment decisions and the Company assumes no responsibility.

	For & behalf of the Board of
	SBEC Systems (India) Limited
	Sd/-
	Vijay Kumar Modi
Place: New Delhi	Chairman & Director
Date: 11.08.2023	DIN: 00004606