dj mediaprint logistics ltd share price Management discussions

Your Directors take pleasure in presenting the Management Discussion and Analysis Report for the year ended March 31, 2023.

1. STRUCTURE OF THE INDUSTRY, DEVELOPMENTS AND SWOT ANALYSIS

LOGISTICS -

The Indian economy is the fifth largest in the and we have our sights set on becoming a $5 trillion economy by 2025. One of the big drivers of this growth is expected to come with the expansion of the logistics industry in India which employs million people and acts as the backbone for multiple industries.

Investing in infrastructural development by creating dedicated freight corridors, improving connectivity by road, rail and the sea, and enabling technology driven solutions for improved visibility across the supply chain will be critical if India is to accelerate and sustain GDP growth.

India is one of the countries with the largest population and an expansive geographical coverage which contributes to many of the factors that influence logistics in the country. The pandemic seen a shift with countless challenges unique to each region. The logistics industry is seeing its fair share ups and downs but trends suggest better growth for this sector in the coming year.

As of 2021, the size of the logistics industry in India was valued at $250 billion with the market poised to grow to an impressive $380 billion by 2025, registering a healthy growth rate of 10%-12% year on year. However, the ecosystem is still coming grips with many challenges, with India ranking 44^th in the Logistics Performance Index (LPI) released the World Bank, and industry watchers agreeing that the cost of logistics needs to be brought down. The year 2022 was a hit-and-miss for many of the key players in the industry. ICRAs reports suggested a growth rate of 14-17 % for the 21-22 fiscal year Moreover, around 14.4 % of the GDP is accounted for by the logistics industry. A substantial amount the population that are employed work in this sector In India, the cost of logistics hovers around 12% 13% of GDP mark which is much higher compared to BRICS countries, or US and Germany that are at 11%, 9.5 % and 8%, respectively. The Government has already outlined many steps to bring this number down to 8% by 2030, in order to drive enterprise efficiency.

As regards the Union Budget of 2023, expectations center around implementation of plans outlined as part of the National Logistics Policy (NLP) that PM Modi launched in September 2022. Aimed at enhancing economic growth, increasing employment and improving the competitiveness of domestic products in local markets and abroad, the NLP will establish a single-window e-logistics market and promote the seamless movement of goods across the country. This was a natural next step following the Gati Shakti National Master Plan that seeks to urgently improve first and last-mile connectivity, which continues to be a roadblock for e-commerce players, MSMEs across the board.

With the unorganized sector amounting to over 90% of the logistics industry, there is a need for less-fragmented communication between various stakeholders. A technology driven framework can bridge the gap between manufacturers, government has bodies, customs, shippers, service providers by enabling information exchange in a secure, confidential and real time or near real time manner, as outlined by the Unified Logistics Interface Platform (ULIP.) The implementation of ULIP will prove to be a game changer in times to come, by improving logistics visibility multi fold, cutting down expensive delays and transports costs, and enhancing enterprise efficiency. And, Indian startups will play a critical role in the strengthening and adoption of this open-source protocol to break communication, promote standardization and service quality assessment, and improve automation for greater reliability and ease of doing business.

There is also a need for better warehousing, cold . storage infrastructure and enhanced first and last mile connectivity to reduce wastage, and of promote quicker transport of goods from port . to port, city to city, from state to state. Cost of - operations will stand to come down by reducing the tax burden on last mile services that currently attracts 18% tax and incentively warehousing.

With over 60% of all freight in India transported by road (as compared to the global average of 25%), our highways are the lifeline for goods transport. And initiatives like FASTag are helping cut trucking and transport times. However, in this Union Budget the industry expects a push for the creation of Dedicated Freight Corridors (DFC) and the creation of multi-modal logistics parks, with freight stations, improved connectivity by rail, more efficient trade across state borders.

There is also an opportunity to promote sustainability within this space, by incentivizing players to adopt electric vehicle (EV) infrastructure for commercial purposes to improve last-mile delivery services, while reducing the carbon footprint of the industry. Here are a few crucial factors and trends that would shape the logistics industry in 2023:

Digitisation

Since the pandemic has transformed the world of technology tremendously, logistics has seen its roots spread out in the digital world. It helps streamline the process through well-rounded operations. According to the CAGR, digitization of this sector is expected grow at 8.5% by the year 2027. Moreover, the Indian Government has shifted its focus to AI and Big Data to accelerate the demand for digital logistics as per Mordor Intelligences report. This coupled with the advancement of technology with better cloud-based systems is a boon for this sector.

Sustainable supply chain

Freight transport is responsible for the most amount of energy consumption. According to the Council on Energy, Environment and Water, freight service will see an increase in demand from 2,000 tkm in 2020 to 10,000 tkm by 2050. Moreover, the logistics sector is expected to contribute the highest amount of carbon emissions by 2050. Thus, many market players are on the lookout for adopting sustainable means to reduce carbon emissions.

With a boost in the digitization of the industry, it can be helpful in driving a shift towards using sustainable transport while keeping transportation smooth. Green logistics is the term to remember here and is quite a trend. It seeks to reduce the ecological impact and promotes the use of sustainable solutions in this sector.

Increase in cloud-based systems

The era of the internet has brought better security, storage and data encryption that smoothens the process of logistics. As a result, there is an expectation to see more use of cloud-based systems by organizations for ease in regulating the supply air chain. It helps improve visibility across multiple networks and works on creating scalable options that meet market demands. Besides, data-driven decision-making can be used to implement healthy strategies.

Use of blockchain

A lot of businesses have been using blockchain to transform their supply chain management. Blockchain tools help improve customer service by integrating automation to ensure customer needs are met with minimal hindrance. It helps with inventory management, creates better transparency with the customer and improves freight transportation. It makes use of several methods to analyze data and generate better reports that can be used to see the to manufacturing and shipping process and eventually the shipping of the product to the customer. All in all, the logistics industry has a tremendous growth set for 2023 and in the coming years. With AI, Big Data, IoT and other advance solutions available to help create excellent strategies to provide great solutions to customers, many businesses are turning to invest more in logistics. With an evolution of multiple trends in the market, companies need to keep up with tech advancements to navigate through the challenges and adapt to the changing times. While the government has already indicated many ambitious plans to fast track growth and unlock opportunities within this business-critical sector, the expectations from the Union Budget 2023 centre around practical, implementable steps to accelerate the vision the country has to bring down its cost of logistics in India to single digits by 2030, to become more competitive on the global stage. https://economictimes.indiatimes. com/small-biz/sme-sector/budget-2023-vision-for-logistics-industry-may-improve-indias-rankings-globally/articleshow/97484335.cms?utm_ source=contentofinterest&utm_medium=text&utm_ campaign=cppsthttps://timesofindia.indiatimes.com/ blogs/voices/how-is-2023-looking-for-logistics/

CONTRAINTS

In India are Different rules and regulations at different stages are enforced by national, regional and local authorities,

Lack of integration in transport networks, poor warehousing and distribution facilities information technology are the major challenges for businesses dealing in the logistics industry.

The logistics sector needs skilled manpower and there is a lack of training institutions that causing various issues among the employees and the logistics managers also there is a lack talents entering the logistics industry

Poor management and storage facilities are the reason for a major loss, damage and deterioration of the material, especially in the perishables sector

Building the infrastructure, managing the requirements of the various sectorial supply chain, changing industrial policies to ease efficient production and transportation and deploying effective managerial practices technology to enhance competitiveness are major challenges faced by the logistics industry

Shrinking margins on sales versus the need to reduce overhead coasts

Drivers

Despite various challenges and its peculiarities, the logistics industry in India is transforming developing innovative business models, outsourcing their supply chain operations to 3PL/4PL services providers and by removing the structural and policy-based stringencies there is a lot of investment that the logistics and transport industry will attract the coming years. Owing to the transformations and changes led by these investments, the industry will create huge jobs. As per the experts prediction, by 2025, the transport and logistics industry can be the largest job creator. At present, the industry employs over 22 million people in India. The report also indicates that the growth in the industry would result in a 10 % reduction in indirect cost which turn resulting in a 5 to 8 % growth in exports. The Indian government has made an announcement that it is working at the policy to develop the new logistics plan in India. The aim is to develop the most economical way to transport goods by 2035.The advantages of the reduction in tariffs will minimize the logistics cost and thus, the GDP of the economy will be increased.

We are focused on digitalization and prioritized and processes to drive productivity and efficiency across various functions in the organization as the future holds an underlying theme of a ‘Technology Led Transformation which would revolve around are creating business models and having systems in place to ensure that the organization will survive in a ‘no contact society. We are continuously innovating by staying in touch with the latest trend in the industry to enhance the business and quality of services.

Your Company believes that the power of technology and automation would propel the sector faster in a forward direction and will continue investing in these capabilities. We are committed to continuously looking to perform and would invest in brand, people, technology, digitalization and automation to chart goods a new trajectory as we build our brand for future. and Your Company will continue its focus on product the innovations and service enhancement.

Your Company has been able to envision and set up the business model, the partnerships, the teams and skills and the infrastructure to meet these changing needs. However, the challenge is to remain alert to newer technologies and models. Your Company is aware of this and is continuously innovating by staying in touch with the latest trends in the industry. Your Company is geared to face challenges for the years to come. Your directors look forward to improved performance in the coming years. in

PAPER & PRINTING INDUSTRY

Overview-

The global commercial printing market reached a value of US$ 750.1 billion in 2021. Looking forward, the market is projected to reach US$ 796.3 billion by 2027, exhibiting a CAGR of 1% during 2022-2027. The growing advertising needs of enterprises across the world and extensive technological proliferation are the key factors driving the market growth.

Including customized marketing messages in promotional and marketing strategies is one of the drivers of the commercial printing industry. There is a significant demand for personalized printed content, which is being catered to by commercial printing companies that use digital printing technologies Such technologies include variable data printing (VDP), which enables the customization of images, text, and graphics on each printed piece. The short-run self-publishing industry witnesses a high demand for digital printing due to order flexibility, stock handling, and minimization of time-to-for printed content. This may also contribute to the growth of the commercial industrys spending.

The applications for short-run production for wide range are increasing. Some examples of these applications are books, direct mail, brochures, and catalogs. In direct mail, the conventional practice was to send the same message to many customers. However, digital marketing utilizes data to customize printed messages according to the persons interests, resulting in higher customer satisfaction.

The printing industry has historically been labor intensive, with a strong relationship between the trend in turnover and employment. Machinery design, digitalization, and computerization significantly contributed to improving productivity and transforming this industry so that growth capacity is no longer linked to direct work. However, the rising raw material costs during the procurement process limit the operability of several players. The raw materials used in commercial printing include paper, ink, printing materials, and other chemical products. The feedstock prices are dynamic and fluctuate based on several socioeconomic factors, thereby hindering the business activity of the companies operating in the studied market.

Packaging Segment Expected to Witness Significant Growth

Folding cartons, flexible packaging, and label printing are the three packaging applications that require printing and cutting, with cartons adding a few more processes to the file preparation (structural CAD files) and (die-cutting, folding, gluing)

With a rise in the digital delivery of information, commercial printers have been observed to be imbibing digital technologies to enhance packaging print quality. Quick response (QR) codes have become a basic/mainstreamed print on product packaging to be scanned with a smartphone for additional display of data, such as product info and promotional content.

Additionally, the demand for printing from packaging and labels for pharmaceuticals, tobacco products, and alcoholic beverages is expected to increase, as the companies must comply with dynamic government regulations and protect against counterfeiting. a Increased cooperation among the convertors and retailers surrounding packaging has led to the development of innovative ways of customer enticement. Online shopping and curating personalized experiences have further aided the market for commercial printing in the packaging domain. Owing to this, many packaging companies are investing in commercial printing solutions, thus boosting the markets growth.

Furthermore, the booming e-commerce market across the world offers a lucrative opportunity for commercial printing providers, as e-commerce players rapidly adopt innovative printing solutions for their daily packaging. As e-commerce grows, its relative share of brick-and-mortar retail sales, the allied stakeholders, from logistics to warehousing to retail brands, have begun to invest in technologies unique to the specific needs of e-commerce.

Such developments in innovative and sustainable printing offer a promising future for commercial printing in the packaging industry. In addition, the growing number of investments, mergers, and collaboration activities among commercial printing and packaging providers may enhance the product offerings and cater to a higher level of demand, thereby boosting the growth of the studied market.

Outlook for the future

The global commercial printing market reached a value of US$ 750.1 billion in 2021. Looking forward, the market is projected to reach US$ 796.3 billion by 2027, exhibiting a CAGR of 1% during 2022-2027.

The All-India Federation of Master Printers (AIFMP) estimates that the country may have more than 250,000 MSMEs and big printers. The data from AIFMP also suggests that commercial printing in the country is growing at an annual rate of around 10%, while digital printing is growing at a robust growth rate of 30%.

According to the Indian Printing, Packaging, and Allied Machinery Manufacturers Association (IPAMA), the packaging industry may continue to grow due to the rapid changes undertaken by the industry players. The countrys e-commerce boom and organized retail sector offer massive potential the packaging sectors growth, thereby supporting the commercial printing industry. Other factors, such as the booming economy, increasing consumerism, entry of global brands, and rising interest of foreign investors, are bound to offer growth opportunities to the industry.

According to industry body IPMA, paper consumption in India is projected to grow by 6-7 per cent per annum in the next five years so as to reach 30 million tonnes by the year FY27, making it the fastest growing paper market in the world. The printing industry is undergoing a phenomenal transformation, for good, and players must adapt to these changes as soon as possible to drive resilience. Predictive automation is the only way forward companies which adapt to the change shall have better chance to thrive and grow in future. Your Company is geared to face challenges for the years to come. Your directors look forward to improved performance in the coming years.

Sources:https://www.mordorintelligence.com/ industry-reports/commercial-printing market.

SCANNING, STORAGE & RECORDS (DOCUMENT) MANAGEMENT Market Overview

Document lifecycle management environments will help business owners understand how each document type reaches the archive or destruction stage. Following the processes, records and documents provide valuable insight that creates a document management system that is always up-to-date. The stages of the average document lifecycle include:

Creation

Approval

Storage

Distribution

Retrieval

Change control

Obsolescence

When your company understands each stage, you can put the proper controls in place to reduce the risk of data loss. You can also ensure you follow industry standards dictating how you maintain the integrity of information. Finally, without a document life cycle environment, you forare more likely to create a decentralized document and records management approach that keeps departments operating in silos The right environment encourages collaboration for your internal and external stakeholders, providing an integrated approach to document management. The electronic environment protects the integrity of records at every stage of the document life cycle for consistent management that remains sustainable while adhering to industry regulations. As a result, traceability is improved with life cycle controls in place.

Worldwide Document Management System Market is grow rapidly in the coming years, reaching around 16.42 billion U.S. dollars by 2029. Document Management System Market to Grow Considerably. The global document management system market size was USD 5.00 billion in 2021 and reached USD 5.55 billion in 2022. The market is anticipated to reach USD 16.42 billion by 2029, exhibiting a CAGR of 16.8% during the forecast period.

The rising demand for paperless government and offices due to the extensive adoption of cloud services is expected to propel the market development. One of the biggest, and potentially longest-lasting impacts of the pandemic on the business world is how it has motivated companies to adopt digital technology. Huge advancement in the technology space have enabled services like online record storage ,scanning, digitalization, storing digital copies of document etc.the abruptness of the changeover has left many businesses and organizations with sub-optimized setups. As companies continue to adopt digital technology, scanning and document digitalization its a great step towards Digital transformation. Solutions that leverage artificial intelligence (AI) or machine learning (ML) rely upon inputs of quality data to reach optimization and improve processes as they go. One of the major drivers for this market is the data security enhancement provided by scanned documents. The increasing demand for cloud storage has prompted document scanner companies to offer products that can connect with cloud storage. Thus, the trend of integration of document scanner with cloud will drive the market growth. To maintain a backup of digital documents, enterprises need to invest in cloud-based storage solutions, which in turn increases the operational costs. Scanning and paper digitization makes content more organized and searchable, reducing the time it takes to respond to information requests eliminating costly, time-consuming, and error-manual processes.

The global market for record management services market size was USD 34.21 billion in 2019 and is projected to reach USD 57.56 billion by 2027, exhibiting a CAGR of 6.9% over the forecast period. Increasing number of paperless work at organizations and the need to increase working efficiency are boosting the for adoption of document management system across all end-user industries as it requires less space for storage of documents. It enabled users to streamline document management process in a much more efficient manner The industry has seen growth in recent years due to laws and regulation passed by the government. Its essential for businesses to have their documents and data in order. It allows you to easily access company information, and it also helps you be compliant with local regulations. Growing digitalization in the healthcare industry is a key element that has boosted the growth of the document management system market. The document management system is used in the healthcare industry to track, manage and store documents, which results in the reduction of paper usage. Furthermore, intense competition in the healthcare industry and an upward focus on patient privacy will drive the demand for the document management system market over the coming years.

Drivers and Constraints Drivers

Companies need to comply with various regulations imposed on them during audits and legal matters. Hence, there is a need for excellent and efficient records management and maintenance

Reduction in the cost of storage worldwide has also favored the records management market

Huge advancements in the technology space have enabled services like online records storage, storing digital copies of documents, and document imaging

Ease of use and faster retrieval times have played a major role in end users to shift gradually to record management and electronic records management services.

Constraints:

implementation cost of the document management system and data security concerns are major factors that restrain growth of the same economic conditions like higher level of unemployment, inflation, tax rates and economic factors affects the demand for record management services unexpected increase in spend due to factors including fuel hikes and hidden coast increased market competition restrain expansion of all : service provider compete for acquisition to undertake expansion activities ,which increase the price for acquisitions and reduce opportunity for some.

Your Company believes that the power of technology and automation would propel the sector faster in a forward direction and will continue investing in these capabilities. We are committed to continuously looking to perform and would invest in brand, people, technology, digitalization and automation to chart a new trajectory as we build our brand for future. Sources:-https://www.fortunebusinessinsights.com/document management-services-market-102848 https://www.coherentmarketinsights.com/ ongoing-insight/document-management-system-market-3115

PRINT MEDIA

Overall, advertising spends in the country is expected to grow 16% this calendar year against while globally, the advertising industry is expected to grow 3%.

Ad spending in the Print Advertising market is projected to reach US$3.11bn in 2023.

The largest market is Newspaper Advertising with a market volume of US$3.02bn in 2023.

In global comparison, most ad spending will be generated in the United States (US$11.34bn in 2023).

In the Print Advertising market, the number of readers is expected to amount to 219.40m users by

2027.

The average ad spending per reader in the Newspaper Advertising market is projected to amount to US$12.60 in 2023.

The Print Advertising market in India is projected to grow by 2.69% (2023-2027) resulting in a market volume of US$3.45bn in 2027.

Advertising spends in print media in India is expected to grow 9% on year to reach 20,133 crore in 2023 while overall advertising expenditure (adex) is set to cross 1 lakh crore, Pitch Madison Advertising Report (PMAR) 2023 has said.

Print media revenue projected to grow by 20% in FY23: Crisil. Indias print media sector is projected to log 20% topline growth at Rs 27,000 crore in FY23 compared to from Rs 22,500 crore seen in FY22, according to rating agency Crisil.

The Indian advertising marketplace is experiencing recovery and accelerated adoption of non-conventional methods by all forms of media to engage consumers is helping along the recovery path. High conversion rates, strong audience demographics, company reputation and prints unique interactive format keep it in the marketing mainstream year after year. The rise in social media and the increasing volume of consumer data is driving growth in the newspapers and magazines industry. The huge population that subscribes to newspapers and magazines drives the print advertising market .The potential of print advertising to connect to multiple generations is also a key driving factor .The print advertising market is facing extensive competition from the newer digital advertising media such as internet and mobile advertising which is hampering the growth of the market. The sector is witnessing a structural change amid a shift in consumer preference towards digital news, from physical newspapers. This seems to be more prominent for English newspapers, which have a higher share in metros and tier-1 cities, where digital adoption is also higher.

Furthermore, the report highlighted that unlike the experience in Western countries, print media will remain popular in India on factors like low cover price, ability to deliver original and credible content and peoples habit to read physical newspapers.Sources https://www.statista.com/outlook/amo/advertising/ print-advertising/india#key-players https://www businesswire.com/news/home/20220208006023/ en/Print-Advertising-Global-Market-Report-2022-Market-is-Expected-to-Decline-from-31.84-Billion-in-2021-to-31.63-Billion-in-2022---Forecast-to-2031---ResearchAndMarkets.com

2. SEGMENT-WISE PERFORMANCE

The overall revenues of your Company increased 6.78% during the current year in comparison with the earlier year

Logistics segment revenues decreased by 11.88%.

Printing segment revenues increased by 54.70%.

Storage & Record Management Segment revenues decreased by 34.19%.

Newspaper Advertisement Segment revenues recorded increased by 27.02%.

3. RISKS AND CONCERN AND RISK

MITIGATION

Your Company, like any other enterprise, is exposed to business risk which can be internal risks as well as external risks.

The, the normal risks of prices of raw material, foreign exchange fluctuation, fluctuating rates, political instability, Government policies, competitive forces, changing technology obsolescence remain.

Your Company has adopted the following strategies to minimize the risks involved in the business:

Greater focus on raw material negotiations, benefits of which are passed onto the customer.

A continuous focus on innovation in product, technology and process, so that efficiencies continually enhanced.

Investment in a new online model that moves your Company into the new age digital space, while riding on its inherent strengths.

Building partnerships with the leading organizations to offer innovative solutions that result in growth.

A greater focus on building predictability so that business and operations are better planned.

. Strategic investments in technology that will enhance both efficiencies and keep your Company at the cutting edge.

A reduction of wastage by deploying IT systems and processes that are customized to the industry.

4. INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Company has an Internal Control System, commensurate with the size, scale and the nature of its operations. The Internal Control function emanates at the Board level and its scope and authority of the Internal Audit function is well defined. To maintain objectivity and independence, the Internal Audit function reports to the Chairman of the Audit Committee of the Board & to the Managing Director. The Internal Audit Department monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies across the Company. Based on the report of internal audit function, process owners undertake corrective action in their respective areas and thereby strengthen the controls. Significant interest audit observations and recommendations along with corrective actions thereon are presented to the Audit Committee of the Board.

The Company had laid down guidelines, policies, procedures and structure to enable implementation of appropriate internal financial controls across the company. These control processes enable and ensure the orderly and efficient conduct of companys business, including safeguarding of assets, prevention and detection of frauds and errors, the accuracy and completeness of the accounting records and timely preparation & disclosure of financial statements. Other control processes are IT driven and the in-house information technology capabilities ensure that due flexibility is available in the system to further strengthen controls as the case may be. Your management appreciates the need to remain efficient in their workings and recognized responsibility in establishing controls as also effectively implementing them and monitoring effectiveness on a periodic basis.

5. DISCUSSION ON FINANCIAL PERFORMANCE W.R.T OPERATIONALPER FORMANCE

Rs in lakhs

Particulars	For the Year ended	For the Year ended
	31.03.2023	31.03.2022
Total Income	5073.19	4749.01
EBITDA	852.30	662.40
Less: Depreciation	261.63	129.09
EBIT	590.67	533.31
Less: Finance Cost	132.48	112.09
Profit before exceptional	458.19	421.22
items and tax
Less: Exceptional items	-	-
Profit Before Tax	458.19	421.22

Revenue

Sales/ Income from operation increase by 6.83% fromRs4734.47 Lakhs in 2022 toRs5055.36 Lakhs in

2023.

Expenditures

Cost of Materials & Direct Expenses

Cost of material was atRs2165.63 Lakhs in 2023 as againstRs2241.63 Lakhs in 2022. Cost of material as a percentage to sales has decreased to 42.84% in 2023 from 47.35 % in 2022.

Employee Emoluments

Salaries, wages and other employees benefits wereRs268.12 Lakhs in 2023 as againstRs181.83 Lakhs in 2022. As a percentage of sales, it has increased to 5.30 % in 2023 from 3.84 % in 2022. The increased is due to impact of Covid-19.

Operating and Other Expenses

Operating and other expenses amounted toRs4615.01 Lakhs in 2023 as againstRs4327.80 Lakhs in 2022. The expense as a percentage to sales has increased from 91.29 % in 2023 to 91.41% in 2022.

Operating Profit (PBDIT)

PBDIT has increased to 852.30% of sales in 2023 as against 662.40 % of sales in 2022.

Interest and Finance Charges

The financial expenses has increased toRs132.48 Lakhs in 2023 fromRs112.09 Lakhs in 2022.

Depreciation & Amortization

The depreciation charged to revenue has increased toRs261.63Lakhs in 2023 as againstRs129.09 Lakhs in 2022.

Profit before Tax (PBT)

Your Company has made a profit ofRs458.19 Lakhs for the year 2022-23 as against the previous years Profit Before Tax ofRs421.22 Lakhs.

Profit after Tax (PAT)

Your Company has made a profit ofRs332.81 Lakhs for the year 2022-23 as against the previous years Profit After TaxofRs332.81 Lakhs.

As always, your Company looks forward to do well in the year ahead and is optimistic of its abilities to address the set of opportunities and challenges that the coming year will present.

6. MATERIAL DEVELOPMENTS IN HUMAN

RESOURCES / INDUSTRIAL RELATIONS Front Employee Data

Your Company initiated multiple actions to keep the workforce engaged. The HR Department is continuously looking at expanding opportunities for growth. The broader the employees experience, education and background, the more diverse their opinions and insights, the deeper the Companys collective understanding grows. The result is a collaborative environment that respects individual needs and promotes ongoing development. Given the nature of operations, a significant portion of the said employee strength comprises of drivers, operators, loaders and other semi skilled- unskilled employees. Despite the large number of employees as also considering the widespread geographical operation of the Company, your management feels proud to state that the employer employee relations remained extremely cordial throughout the year. There were no instances of strikes, lockouts or any other action on part of the employees that affected the functioning of the Company. It noteworthy that there is no Employee Union / Trade Union / Union within the organization.

7. RETURN ON NET WORTH

is The return on Net Worth for the financial year 2022-23 is 12.31% on account of profit made during the year.

8. SIGNIFICANT CHANGE OF KEY FINANCIAL RATIOS

Ratio	Basis	As at 31st March 2023	As at 31st March 2022
Current Ratio (In times)	Current Assets / Current Liabilities	2.50	3.15
Debt Equity Ratio (In times)	Net Debt / Equity Debt Service/	0.36	0.18
Debt Service Coverage Ratio (in times)	Earning for Debt Services	0.78	1.17
Return On Equity Ratio (in %)	Profit after Tax/ Shareholders Equity	9.60%	12.38%
Trade Receivables Turnover Ratio (in times)	Revenue From Operations/Average Trade Receivables	2.28	2.83
Trade Payables Turnover Ratio (in times)	Cost of Operations/ Average Trade Payables Revenue From	5.87	3.47
Net Capital Turnover Ratio (in times)	Operations/Working Capital Net Profit/(Loss) after	2.66	2.20
Net Profit Ratio (in %)	Tax /Revenue From operation Earnings Before	5.43%	6.61%
Return on Capital Employed (in %)	Interest and Tax /capital Employed	13.33%	13.97%

Cautionary Statement

Certain statements in this Report describing the Companys objectives, projections, expectations or predictions may be “forward looking statements” within the meaning of applicable Securities Laws and Regulations. results could differ from those expressed or implied. Important factors that could make a difference to the Companys operations include global and Indian demand supply conditions, finished goods availability and prices of raw materials, power, interest rates, changes in Government regulations, tax regimes, economic developments within India and the countries in which the Company conducts business and other ancillary factors. Your Company is not obliged to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent development, information or events or otherwise.

For and on behalf of the Board For DJ Mediaprint & Logistics Limited

	Sd/-
	Dinesh Kotian
	Chairman & Managing Director
	DIN: 01919855
Date:26.05.2023
Place: Mumbai