transwind infrastructures ltd Management discussions

INTRODUCTION

We have continuously evolved as the mainstream service provider expanding our areas of expertise through diversification. We cater to complex, technological needs of clients in the domains of domestic gas pipeline (MDPE) laying, installation and commissioning. Maintenance of quad cable and optical fibre cable, civil and irrigation works.

GOVERNMENT INITIATIVES:

The Capital Investment outlay has been increased to Rs. 10Lakhs Crores in Budget 2023-24.An Investment Finance secretariat is also being establishedto act as a single point for attracting and enhancing theopportunities for the private infrastructure players to enablethem to invest in Railways, Road and Urban Infrastructure.Initiatives by 8 Core Infrastructure Sectors includes coal, crudeoil, natural gas, refinery products, fertilizers, steel, cement,electricity. Their combined performance has increased by 7%by December 2022.

CONSTRUCTION AND INFRASTRUCTURE INDUSTRY

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling Indias overall development and enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. Infrastructure sector includes power, bridges, dams, roads, urban infrastructure, rural infrastructure, waste management among others.

BUSINESS OVERVIEW:

Your Company is a reputed and well-known Ahmedabad based Company having its presence in construction services industry, since many years. The Company is Infrastructure Development one, which is presently working in the area of growing sector of Indian Railways Signaling & Telecommunication (S&T) segment, City Gas Distribution Network, Water Distribution Network and Irrigationsector. Infrastructure is a key driver of the overall development of Indian economy. This sector focuses on major infrastructure sectors such as power, roads and bridges, dams and urban infrastructure. Ministry of Urban Development has made focus in the emerging area of Infrastructural Development sector. The changing infrastructure landscape in India has generated significant interest from international investors.

OPPORTUNITIES & THREATS

Opportunities:

1. Strong Economic Scenario:

Indiahasemergedasoneoftheworldsfastestgrowingmajoreconomies.Theoverallmacro-economicscenario in the country is positive with low inflation, reduced key interest rates, low commodity prices, rising foreign investments and improved global confidence in the region various structural reforms and government initiatives.

2. Regulatory Changes:

The major regulatory changes by the Government in the area of Infrastructure Development, and Urban Development Policy enhance the positive atmosphere among the people and Industries as whole.

3. GovernmentsOutlooktoInvestingintheIndianInfrastructureSector:

Infrastructure is a key driver for the Indian economy. Increased spending in this sector has a multiplier effect on overall economic growth as it necessitates industrial growth and manufacturing. This in turn boosts aggregate demand by improving living conditions

Threats:

1. Economy slowdown: Economic slowdown and changes in regulatory environment may impact the construction industry or real estate market, adversely aaffecting the Companys operations.

2. Fund Crunch:

TheInfrastructuralDevelopmentdemandshugelong-terminvestmentsinprojects.Lackofcheapfundsorforeign investments may lead to delays in the project resulting in losses. As a Government contracting company it requires certain deposits with government department which leads to Blocking of Fund and less workingcapital.

3. Decline in Bank Credit:

The rising non-performing assets (NPAs) and cases of fraud have resulted in banks getting stringent on its credit approval leading to a decline in their credit line for all the industries. This is likely to create liquidity issues for the Infrastructural Development sector aswell.

4. Shortage of Labor, supply and Technology:

The Infrastructural Development sector in India, being highly dependent on manual labor, is facing a major challenge in terms of availability of manpower which in turn leads to project delays even more due to certain policy of Government Company regarding supply of goods from their side and quality measurement certification leads to delay in work.

Internal Control Systems and their Adequacy:

The Company has adequate Internal Financial Controls consistentwith the nature of business and size of the operations, to effectivelyprovide for safety of its assets, reliability of financial transactionswith adequate checks and balances, adherence to applicable statutes,accounting policies, approval procedures and to ensure optimum useof available resources. These systems are reviewed and improved ona regular basis. It has a comprehensive budgetary control systemto monitor revenue and expenditure against approved budget onan ongoing basis.

Category wise performance:

Particulars	FY 2022-23	FY 2021-22	FY 2020-21
S & T Work	2,14,69,246	1,41,39,437	1,94,62,619
Gas Distribution Work	5,28,14,409	4,87,56,475	34,30,620
Civil Work	15,20,28,728	15,12,97,366	4,02,70,048
Irrigation work	1,53,87,455	67,03,252	1,47,38,583

Financial and Operation Highlights: The Gross Revenue from operations is Rs.2417 lakh for the financial year 2022-23 as compared to Rs.1979.14 lakh for the financial year 2021-22

KEY FINANCIAL RATIOS

Key Ratios	FY 2022-23	FY 2021-22	Change %	Explanation, if required
Debtors Turnover	7.07	5.68	24.43	N/A
Inventory Turnover	4.96	3.62	37.06	Decrease in WIP Inventory
Interest Coverage Ratio	8.81	5.82	51.31	Reduction in Interest
Current Ratio	3.07	2.63	16.82	N/A
Debt Equity Ratio	0.003	0.07	-95.80	Repayment of Term Loan
Operating Profit Margin (%)	7.90	7.8	1.20	N/A
Net Profit Margin (%)	2.08	2.45	15.37	N/A
Return on Networth	3.28	3.28	-0.02	N/A

FORWARD LOOKING STATEMENTS

With the COVID Pandemic brought under control and lives andbusinesses bounced back to normalcy, your company is hopeful thatthe projects will be receive and executed with full potential.Substantial efforts are being made to complete and close down allthe old projects.With the various measures taken up by the Governments for revivingthe economy and various sectoral financial assistance from theBanking and financial sectors your company is hoping for head wayin operations of the entity.

Date: 21.08.2023		By order of the Board,
Place: Ahmedabad	For Transwind Infrastructures Limited
Registered Office:
74, NewyorkTower-A,	Sd/-	Sd/-
Opp. Jain Derasar, S.G.Highway	Pankaj Kumar Dubey	Mr. Niranjansingh Rajput
Thaltej, Ahmedabad-380054	Whole-Time Director	Whole-Time Director
Email: cs@transwind.in	(DIN : 07787184)	(DIN : 06612006)
Contact: 079-26854899
Web: www.transwind.in

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

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Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

transwind infrastructures ltd Management discussions

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

MARKET

IDEAS

MUTUAL FUNDS

TRADING DOCUMENTATION

CALCULATOR

GLOSSARY (A-Z)

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.