bsel infrastructure realty ltd share price Management discussions


MANAGEMENT DISCUSSION AND ANALYSIS REPORT

This Management Discussion and Analysis report provides analysis of the operating performance of the Companys business as well as discussion on the business of the Company, outlook, risk and opportunities. Statements in this Management Discussion & Analysis Report describing the Companys objectives, projections, estimates and expectation may be "forward looking statements" within the meaning of applicable laws and regulations and actual results may differ.

Industry Overview:

On even date, Infrastructure, Realty and Construction sector is second largest sector in Indian Economy

Historically, the government has played a key role in supplying and regulating infrastructure services in India and private sector did not play a major role in infrastructure development. However, due to the public sectors limited ability to meet the massive infrastructure funding requirements, private sector investment in infrastructure is critical.

Global Overview:

With the open-market emerging and the Indian government adopting liberal policies, the company, has witnessed a significant growth in infrastructure development resulting into more and more investors participating and benefiting from the new developments. With infrastructure industry making its presence felt stronger day-by-day, BSEL has taken up infrastructure development as one of its primary activity and BSEL Tech Park is their first step towards proving themselves as a global leader.

India Overview:

Backed by positive economic fundamentals, healthy demand and quality supply infusion across sectors, Indias real estate sector is poised for strong growth in 2019. Office - After a landmark 2018, the sector is looking forward to another strong year as new sources of demand emerge and quality supply enters the market.

Review of Financial and Operating Performance

During the financial year ending March 2023, the Company has profit after tax is Rs. 3894.18 Lacs

1. Paid-up Share Capital:

The Company has a paid-up capital as on 31st March 2023 consisting of 82,6168,400 equity shares of Rs. 10 each.

2. Reserves and Surplus:

Companys Reserves and Surplus stood 5.50 Crores, as compare to last year Reserves and Surplus 4.68 Crores. However, the overall net worth of the Company is 632.98 Crores.

3. Secured Loan:

The Company has not accepted secured loan as on March 31, 2023.

BUSINESS ANAYSIS

The Company is in a Real Estate and Construction business and Computers maintenance, software development, software exports, in India and abroad.

Opportunities and risks Opportunities

1. To re-iterate, technology is the enabler for change in almost all businesses all over the globe and hence there is a tremendous opportunity for creating a disruption for every business, including India.

Risks

Like any other corporate, the company is exposed to interest rate risk, currency fluctuations, credit risk and regulatory risks. The company conducts a periodic internal audit that ensures risk management process is in place

Outlook

The Company aims to increase its revenues and consequentially, its profit.

Internal Controls and its adequacy: Adequate internal control ensures transactions are authorized, recorded and reported correctly and assets are safeguarded against loss from unauthorized use or disposition. In addition, there are operational controls and fraud risk controls, covering the entire spectrum of internal financial controls. The Company has been reviewing its internal control systems and processes continuously and company have a separate department of internal control for continuously surveillance.

Details of Significant Changes:

There is no significant changes (i.e. change of 25% or more as compared to the immediately previous financial year) in key financial ratio.

Ratios Numerator Denominator Current Reporting Period Previous Reporting Period
Trade Receivables Turnover Ratio Net Sales Average Trade Receivables 0.00 0.00
Debt Service Coverage Ratio EBITDA-CAPEX Debt Service (Int+Principal) 0.00 0.00
Current Ratio Current Asset Current Liability 1.80 1.83
Debt Equity Ratio Debt Capital Shareholders Equity 0.00 0.00
Operation Profit Ratio Sales Working Capital (CA-CL) 0.00 0.00
Net Profit Ratio Net Profit Sales 0.00 0.00

Details of any change in Return on Net Worth as compared to the immediately previous financial year:

There is no significant change in return on net worth of the company as compared to the previous financial year.

For and on behalf of the Board of Directors

BSEL INFRASTRUCTURE REALTY LIMITED

Sd/- Sd/-
Mr. Santosh Sambhu Tambe Ms Anamika Jeevan Kamble
Place: Navi Mumbai Managing Director Director
Date: 25/05/2023 DIN:09668177 DIN:09824238