Dhoot Industrial Finance Ltd Management Discussions.

1. Industry Structure and developments

The Company has focused basically on trading of chemicals, electronics, paper, commodity, shares and on power generation during the fiscal. And loans, Inter - Corporate Deposits, dividend from investments have contributed to the other income.

2. Opportunities and Threats Opportunities:

The Company is eyeing new products for increasing its trading portfolio.

Threats:

The Company will face general market competition.

3. Segment wise Performance:

The company usually operates three main business segments i.e. Trading, Power Generation and Others. The segment wise information is provided at Note No. 22 in Notes to Financial Statements.

4. Outlook:

Due to increased focus on the trading activities, the company is confident that as the market conditions are improving, the company will gain in the domestic economy.

5. Risk & Concerns:

The company will face market competition.

6. Internal Control Systems and their adequacy:

The Company has an adequate system of internal controls that ensures that all the assets are protected against loss from unauthorized use or disposition and all transactions are recorded and reported in conformity with generally accepted accounting principles.

7. Financial Performance and Operational Performance:

The company has achieved a total income and turnover of 1860.13 Lakhs and net loss is at 8851.42 Lakhs during the year ended 31st March, 2020 as compared to 3,945.86 Lakhs and net profit 511.32 Lakhs respectively for the last financial year.

8. Human Resources / Industrial Relations:

Your Company considers its intellectual capital as its most valuable asset. Personnel policies of the Company are designated to ensure fairness to and growth of all individuals in the organization and aim to provide a challenging work environment. The Industrial Relations remained cordial during the year under review.

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

10. Return on Networth was 0.02% in the previous year while return on networth in current year is -0.38%. The Company has followed the policy of valuing the Investments at fair value through profit or loss the impact of relevant economic and market indicators including those caused by Covid-19 pandemic, the Company has recognized loss due to the diminution the value of Investments.

By Order of the Board
For DHOOT INDUSTRIAL FINANCE LIMITED
Sd/-
Place: Mumbai Rajgopal Dhoot
Date: 31/07/2020 Chairman