abhishek infraventures ltd share price Management discussions


1. a. Industry structure and developments:

A key driver for the Indian economy, the infrastructure sector is highly responsible for propelling Indias overall development. The sector also enjoys intense focus from the Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. Sustained economic growth is the key to Indias power. Infrastructure without a doubt lies at the heart of this growth story. Infrastructure growth provides livelihood, drives business, generates employment, and determines quality of life.

b. Opportunities and Threats:

As India awaits policy reforms to pick up speed, your Company firmly believes that the demand for Real Estate in a country like India should remain strong in the medium to long term. Your Companys well accepted brand, contemporary architecture, well designed projects in strategic locations, strong balance sheet and stable financial performance even in testing times make it a preferred choice for customers and shareholders. Your company is ideally placed to further strengthen its development potential by acquiring new land parcels.

c. Segment–wise or product-wise performance

Financial performance of the company is discussed elsewhere in the Report.

d. Outlook, Risks and concerns:

The management is doing its best to forge relations with other companies and take the company forward in the new business lines. However, the outlook of the management is cautious in view of the competitive nature of the market.

We have an adequate system of internal control to ensure that transactions are properly authorized, recorded and reported apart from safeguarding our assets. The internal control system is supplemented by well-documented policies, guidelines, and procedures. All these measures are continuously reviewed and necessary improvements are implemented.

e. Internal control systems and their adequacy:

We have an adequate system of internal control to ensure that transactions are properly authorized, recorded and reported apart from safeguarding our assets. The internal control system is supplemented by well-documented policies, guidelines and procedures. All these measures are continuously reviewed and necessary improvements are implemented.

g. Discussion on financial performance with respect to operational performance:

The financial operation is in line with the operational performance.

h. Material developments in Human Resources / Industrial Relations front, including number of people employed.

There is no material development in human resources/industrial relations front. The Company is not having any employee other than whole-time director and KMP.

i. Details of changes in key financial ratios, along with detailed explanation thereof

Details of significant changes (i.e. change of 25% or more as compared to the immediately previous financial year) in key financial ratios, along with detailed explanations therefor, including:

Particulars

2022-23 2021-22

Remarks

Debtors turnover ratio 0.11 NA Turnover / AverageDebtors

Inventory turnover ratio

NA 0.0018

No revenue operations from goods during the year, this ratio is not calculated.

Interest coverage ratio

NA NA

Since the borrowings are interest free, this ratio is not calculated.

Current ratio 2.78 2 .06 Current Assets / Current Liabilities
Debt equity ratio 0.01 1 .15 Unsecured borrowings have repaid

Operating profit margin (%)

0.03

0.0023

Operating Income / Sales Revenuefor F.Y 2022-23

Net profit margin (%)

0.03 0.23

Net Profit / Total Revenue for F.Y2022- 23

j. Details of any change in return on net worth as compared to the immediately previous financial year along with a detailed explanation thereof:

Particulars

2022-23 2021-22 Remarks

Return on Net Worth

0.30 (0.10) Profit After Tax / Net worth

2. Disclosure of Accounting Treatment:

The Company has not carried out any treatment different from that prescribed in Accounting Standards.

k. Cautionary Statement/ Disclaimer Clause

Statement in this Managements Discussion and Analysis detailing theCompanys objectives, projections, estimates, expectations orpredictions are "forward-looking statements" within the meaning of applicable securities laws and regulations. Actual results could differmaterially from those expressed or implied. Important factors that could make a difference to the Companys operations include global and Indiandemand-supply conditions, finished goods prices, feedstock availability and prices, cyclical demand and pricing in the Companys principal markets, changes in Government regulations, tax regimes, economic developments within India and the countries within which the Company conducts business and other factors such as litigation and labor negotiations.

The statements in the Management Discussion and Analysis Report with regard to projections, estimates and expectations have been made ingood faith. The achievement of results is subject to risks, uncertainties and even less than accurate assumptions. Market data and information are gathered from various published and unpublished reports. Their accuracy, reliability and completeness cannot be assured.