cityman ltd Management discussions

MANAGEMENT DISCUSSION AND ANALYSIS

a. industry Structure and Developments:

The Company has just restarted its commercial operations after a long break. Therefore, a comparison of industry structure and developments at this stage will be premature and will not serve the desired purpose

b. Opportunities and Threat

The company is awaiting approvals and permissions in order to commence its project at Panangad, Kerala. Therefore an attempt is not made here to evaluate the opportunities and threats.

c. Segment wise Performance

The Company does not have multiple products/segments

d. Out look

The Board is positive on the future outlook of the company .

e. Risk and concern

The issue is not relevant due to the factors explained in the earlier paragraphs.

f. Internal control System and their adequacy

Company at present has internal control procedures, which is commensurate with the present requirements. Internal controls are being monitored, reviewed and upgraded on an ongoing basis.

g. Financial performance with respect to operational performance

The financial performance of the Company for the year 2022-23 is described in the Directors Report under the head Working Results.

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

At present, the Company does not have a full fledged HR Department due to low level of activity and the minimal number of employees. The Board is keen to have a fully equipped HR Department, once the activity is started in a big way.

i. Key Financial Ratios:

Key Ratios	FY 2022-23	FY 2021-22	Changes %	Explanation, if required
Debtors Turnover	-	-	-	-
Inventory Turnover	-	-	-
Interest Coverage Ratio	-	-	-	-
Current Ratio	70.97	295.12	315.85	The variance is on account of Land which has been sold during the FY 2022-23 & the repayment of Interest Free Loan from Director
Debt Equity Ratio	-	-	-	Debt equity ratio is negative
Operating Profit Margin (%)	31.44	-	31.44	The variance is on account of profit on sale of land
Net Profit Margin (%)	26.69	-	26.69	-
Return of Net worth	NA	NA	NA	The net worth is negative

j. Disclosure of Accounting Treatment

Not applicable because, company is in the preparation of financial statements, a treatment different from that prescribed in an Accounting Standard has not been followed

	For Cityman Limited
	Santhosh Joseph Karimattom
	Managing Director/CEO
	DIN:00998412
Place:Bangalore
Date:30^th May 2023

ATTENTION INVESTORS

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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.

cityman 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.