The Company is in the business of trading of commodities. The key issues of the Management Discussion and Analysis are given below.
(a) Industry Structure and Developments
The company is engaged in construction, trading of merchandise and stocks and securities. In last many years construction/real estate industry is fastest growing industry and it seems to be continue in coming year also. Primary and Secondary
security market is gaining momentum in current financial year. We hope for the best in coming year. Company has invested in Joint Venture, bringing a hotel in Indore. Construction of hotel is under process.
(b) Strength
The strength of the company is known from its reputation which the company has earned due to its quality business and cordial relation with its clients and presently the companys financial position is sound due to boom in capital market because of governmental support.
( c ) Comment on Current years performance
d) Opportunities and Threats
Stock Market is highly risky and volatile market, nobody can predict. The only way to survive is continues study and analysis of market with international factors. A real estate sector seems to be good in coming three to four year.
(e) Segment wise performance
The business of the Company falls under a single segment i.e. Security Trading for the purpose of Accounting Standard AS-17.
(f) Outlook
The continual growth in the Finance sector is expected to give the necessary support to the Finance industry. The Company is making all efforts to accelerate growth of its business. It expects to improve its position in the market by focusing on technologically advanced and more profitable products/market segments and working aggressively in the areas of productivity, efficiency and cost reductions.
(g) Internal control system
Internal audit and other controls have been found to be adequate. These are reviewed periodically by the Audit Committee and found the performance satisfactory.
(g) Cautionary Statement
Statements in the MDA describing the Companys objectives, projections, estimates and expectations are forward looking statements. Actual results may differ materially from those expressed or implies. Important factors that could make a difference to the companys operations include among others, economic conditions affecting demand/ supply, effect of political situations, change in the Govt. Regulations, tax laws and other statutes and incidental factors over which the company does not have any control.
By order of the Board For DAZZEL CONFINDIVE LTD.
Sd/-
PLACE :JAIPUR
SUNIL AGRAWAL
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.