<dhhead>MANAGEMENT DISCUSSION AND ANALYSIS REPORT </dhhead>
A) INDUSTRY STRUCTURE AND DEVELOPMENT:
In India, there are various kinds of telecom services licenses, including access licenses i.e. basic/fixed service, cellular, Unified Access (basic + cellular) service, carrier licenses i.e. national long distance and international long distance, licenses for internet services, VSAT licenses, IP-1 registration for passive infrastructure (towers, ducts, fibre) and IP2 licenses for bandwidth. The Indian Telecom Services Sector has witnessed tremendous growth in the recent past, primarily driven by intense competition, fallings tariffs and reforms in the regulatory set-up. Major Indian business houses have invested substantially in this sector. The Company is also at present in the business of trading of goods and textile business.
B) SEGMENTWISE PERFORMANCE:
As on date of this report, the Company has no segment, hence not applicable to the Company.
C) OPPORTUNITIES / OUTLOOK:
The Company is taking maximum efforts to capitalize on business opportunities & further expect a better outlook/ better profits in the coming years.
D) THREATS:
The threat for the Company is the unrestricted competition which is allowed in all the categories under the telecom services.
E) INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY:
Your Company has been maintaining an adequate internal control system commensurate with the size & nature of its business. The Internal control system is improved and modified continuously to meet the changes in business conditions, statutory and accounting requirements.
F) HUMAN RESOURCES POLICIES:
Your company considers its human resources as its most valuable assets, among all other assets of the Company.
The Company has formulated sound policies for employee motivations and retentions. Also required training was given to the employees.
G) CAUTIONARY STATEMENT:
Due to unfavourable market conditions, your Company is facing profitability problems. However, your management is making optimum efforts to minimize the overheads & cost reduction.
H) RISKS AND CONCERN:
Your Company will take adequate majors to safeguard against Risks & Concerns as and when business will commence.
I) Ratio Analysis:
Particulars |
2022-23 |
2021-22 |
Change |
Debtors Turnover Ratio |
4.70 |
0.00 |
-8.91 |
Inventory Turnover Ratio |
mso-pagination:none>0.00 |
0.00 |
0.00 |
Interest coverage Ratio |
0.00 |
0.00 |
0.00 |
Current Ratio |
8.60 |
8.73 |
-0.13 |
Debt Equity Ratio |
0.10 |
0.09 |
0.01 |
Operating Profit Margin Ratio (%) |
(14.61) |
(5.85) |
-8.82 |
Net Profit Margin Ratio (%) |
(13.86) |
(5.85) |
-8.01 |
Return on Net worth (%) |
(0.67) |
(0.37) |
(0.30) |
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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.