hi klass trading investment ltd share price Management discussions

The purpose of this discussion is to provide an understanding of financial statements and a composite summary of performance of our business.

Management Discussion And Analysis (MDA) Is Structured As Follows:

• Overview

• Business Overview

• Financial Industry Overview

• Financial and Operational Performance

• Internal Control Systems and adequacy

• Material Development in Human Resources

• Business Strengths

• Risks and Concerns

• Cautionary Statements

Business Strengths

1) Well Qualified And Experienced Promoters

Our management team is backed by promoters who have requisite experience in business field and We believe that their strong technical experience and industry networks will help us in achieving our key business strategies.

2) Maintain And Expand Long Term Relationship With Clients:

To do the business Company maintains strong connection based on trust and communication relationships with clients.

3) To Develop Relations With New Clients And Strengthen The Relations With The Existing Clients:

The relations with the clients help the company to know the client in better way and his integrity can be known to the company.

Opportunity and Threats:

Opportunity:-

i. Long-term economic outlook positive, will lead to opportunity for capital market services

ii. Growing Financial Services industrys share of wallet for disposable income

iii. Regulatory reforms would aid greater participation by all class of investors

iv. Leveraging technology to enable best practices and processes

v. Corporate looking at consolidation / acquisitions / restructuring opens out opportunities for the corporate advisory business Threats:-

i. Execution risk

ii. Short term economic slowdown impacting investor sentiments and business activities

iii. Slowdown in global liquidity flows

iv. Increased intensity of competition from local and global players

v. Market trends making other assets relatively attractive as investment avenues

Operational and Financial Performance:-

The summarized performance of Hi-Klass Trading & Investment Limited was as under:

Particulars	2022-23	2021-22
Total Revenue	26,127	21,731
Total Expenses	41,902	21,668
Profit / (loss) Before Tax	(15,775)	63
Less: Tax Expenses (paid for earlier year)	2,114	-
Profit (Loss) after tax	(17,889)	63

Human Resources and Industrial Relations:-

The Company has appropriate policies in place for recruitment, training, skill development and compensation for its workmen, employees and staff. The Company makes an effort to keep on building good relationship with its associates, competitors and all the stakeholders in the various industries wherein it operates.

Risk Management:-

Company has formulated a risk management framework which lays the procedure for risk assessment and mitigation. Company manages various risks like financial risk, operational risk, marketing risk, external risk and regulatory risks associated with the mortgage business. The critical risks which can significantly impact profitability and financial strength are credit risk, interest rate risk and liquidity risk.

Internal Control System:-

The Company has very effective control system covering both accounting and administrative controls. The internal audit carries out audit tests and report on non - compliance / weaknesses if any, through internal audit reports. These reports are reviewed by the Audit Committee of the Board.

Cautionary Statement:

Statements in the Management Discussion and Analysis and Directors Report describing the Companys strengths, strategies, projections, and estimates, are forward-looking statements

and progressive within the meaning of applicable laws and regulations. Actual results may vary from those expressed or implied, depending upon economic conditions, Government Policies, and other incidental factors. Readers are cautioned not to place undue reliance on the forward-looking statements

Place: Mumbai	For and on behalf of the Board of Directors
Date: 28.08.2023
	Sanjay Kumar Jain	Sonu Agarwal
	Managing Director	Director
	(DIN - 01142300)	(DIN-09065415)