Overview
We always want to look ahead and push ourselves to reinvent and reinnovate. We took this opportunity to be introspective and realised our core strenghts. We do not see these restrictions as a hurdle but an opportunity to explore new markets and new fields. Your company is planning to enter the management consulting and fund syndication space. We belive that with over 50 years of combined management experience in the capital markets and corporate space in India enable us to be competant in this field.
Performance
The Companys performance during the year ended 31st March 2019 was as under:
>2018 2019 | 2017 2018 | |
(in Rs. Lakhs) | (in Rs. Lakhs) | |
Sales & Other Income | 32.55 | 47.72 |
Employee Cost | 10.15 | 23.07 |
Administrative Expenses | 02.89 | 09.97 |
Financial Charges | 00.00 | 00.00 |
Deprecation | 04.28 | 07.68 |
PBDIT | 16.36 | 11.71 |
PBIT | 12.08 | 04.03 |
Internal Control & Adequacy
The company has adequate internal control system to ensure that all assets are safeguarded and protected against loss from unauthorized use or disposition.
Risk Management System
We manage our business risk through strict compliance and internal control system.
Risk and Concerns
Any adverse change in the financial services business or negative policy of Government will affect our new sector adversely.
Outlook
Company is focusing on service-based activities for. Your company is planning to enter the management consulting and fund syndication space. We belive that with over 50 years of combined management experience in the capital markets and corporate space in India enable us to be competant in this field Your company has decided to venture into different busiess through inevstments in subsideries company.
Human Resource
Company has adequate and trained, well experienced personnel. Our employees are highly motivated and work in line of the organizational goal.
Cautionary Statement
The statements made in this report describe the Companys objectives and projections that may be forward looking statements within the meaning of applicable laws and regulations. The actual results might differ materially from those expressed or implied depending on the economic conditions, government policies and other incidental factors, which are beyond the control of the Company.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.