Hit Kit Global Solutions Ltd Management Discussions

1. GLOBAL ECONOMY:

The global economy in FY 2024-25 showed a trend of slowing but steady growth, with the International Monetary Fund (IMF) projecting global growth at around 3.1-3.2% for 2024 and 3.2-3.3% for 2025. This period was marked by falling global inflation, a resilient services sector, and a slowdown in manufacturing. Geopolitical risks, high levels of debt, and withdrawal of fiscal support posed significant challenges, while India emerged as a key driver of global growth.

Some other growth-inducing forces, such as growth in income levels, commercialization of agriculture, patent protection systems and intellectual rights over plant varieties, have given an impetus to the market. Owing to these factors, the Indian market is expected to exhibit growth in future.

2. INDIAN ECONOMY:

India, a services-driven economy with a youthful and adaptable workforce, the adoption of AI offers the potential to support economic growth and improve labour market outcomes. Prioritising education and skill development will be crucial to equipping workers with the competencies needed to thrive in an AI-augmented landscape. The recent Survey brings out the fact that there are at present barriers to large-scale AI adoption, leading to a window for policymakers to act.

3. INDUSTRY OVERVIEW:

Indias retail sector continues to demonstrate robust growth, driven by rising disposable incomes, urbanization, and evolving consumer preferences. The market is undergoing a transformation with the rise of quick-commerce, AI-driven personalization, and the expansion of organized retail formats, particularly in malls and high-footfall zones. The retail market is projected to cross 82 lakh crore in 2024, growing at an annual rate of 8.9%. Indias tourism sector is experiencing a resurgence, supported by infrastructure development, government initiatives, and a growing appetite for experiential travel. The sector contributed approximately $267 billion to GDP in 2025, reflecting a 7.4% annual growth rate. Indias rich cultural heritage, diverse landscapes, and expanding hospitality infrastructure position it as a rising global leader in travel and leisure.

4. OPPORTUNITY & THREATS:

An increasing number of Indian consumers are ascending the economic pyramid to form an emerging customer base. A large young working population with median age of 24 years, nuclear families in urban areas, along with increasing working women population and emerging opportunities in the services sector are going to be the key factors in the growth of the organized Retail sector in India. The growth pattern in organized retailing and in the consumption made by the Indian population will follow a rising graph helping the newer Businessman to enter the India Retail Industry.

5. CHALLENGES, RISK AND CONCERN:

The decline in consumer spending is the greatest danger facing retail stores, as it has a material impact on cash flows, which in turn affects the day-to-day operations any shortcomings in consumer satisfaction may quickly impact reputation and hence its revenue.

Headwinds to growth include elevated geopolitical and trade uncertainties and possible commodity price shocks. Domestically, the translation of order books of private capital goods sector into sustained investment pick-up, improvements in consumer confidence, and corporate wage pick-up will be key to promoting growth.

6. HUMAN RESOURCES:

Your Company continues to maintain an effective and agile workforce structure through a balanced blend of permanent employees and contractual labour. This approach enables operational flexibility while ensuring continuity in core functions. Permanent staff provide strategic depth and institutional knowledge, whereas contractual personnel support seasonal, project-based, and specialized requirements. The model allows Your Company to optimize manpower costs, respond efficiently to dynamic business needs, and uphold productivity across all operational segments. Intellectual capital is one of the key resources of Your Company to ensure business sustainability and growth.

7. COMPANYS FINANCIALS: Revenue From Operations:

During the FY 2024-25, Your Company earned Gross Revenue from operations of Rs. 84.24 lakhs as against Rs. 27.36 lakhs in previous FY 2023-24.

Other income:

During the FY 2024-25, Other income mainly comprising of ancillary income from resort project site of Your Company was Rs. 19.06 lakhs as compared to Other Income of Rs.13.87 lakhs in the previous FY 2023-24.

8. BUSINESS PLAN:

During the financial year ended 31 March 2025, Your Company undertook sustained efforts to reinforce its competitive positioning within the market. This was achieved through consistent supply chain management in the fruits and vegetables retail segment, underpinned by a strategic focus on cost optimization, dynamic alignment of the product portfolio with evolving consumer preferences, and adaption of digital transformation initiatives.

As part of its ongoing diversification strategy, Your Company is making a focused endeavour into the property segment. Your Company is exploring revenue opportunities by leveraging its existing land assets for leisure tourism on an as-is-where-is basis, until requisite development approvals are secured. This move is aimed at unlocking new streams of revenue and capitalizing on emerging opportunities within the real estate and hospitality landscape. The initiative reflects Your Companys commitment to long-term growth, asset optimization, and value creation for stakeholders.

9. KEY FINANCIAL RATIOS:

Sr. No	Particulars of Ratio	F.Y. 31.3.2025	F.Y. 31.3.2024	Change in Ratios	Explanation for change in Ratios
1	Current Ratio,	6.68	1.32	-407%	-
2	Debt-Equity Ratio,	0	1.96	-100%	-
3	Return on Equity	0.23	-39.48	157%	-
	Ratio,
4	Trade Receivables turnover ratio,	NA	NA	NA	Because of Exceptional Item in P/L.

10. DETAILS PERTAINING TO NET-WORTH OF YOUR COMPANY

Particulars	31st March, 2025 (in lakhs)	31st March, 2024 (in lakhs)
Net-worth	1168.97	688.52

11. CAUTIONARY NOTE:

Statements in the Management Discussion and Analysis outlining Your Companys This report and other statements - written and oral - that we periodically make contain forward-looking statements that set out anticipated results based on the managements plans and assumptions. We have tried, wherever possible, to identify such statements by using words such as ‘anticipate, ‘estimate, ‘expects, ‘projects, ‘intends, ‘plans, ‘believes and words of similar substance in connection with any discussion of future performance. Estimates, perceptions and expectations may be forward looking statements within the meaning of applicable laws and regulations. The actual results may differ materially from those expressed herein above due to certain factors which may be beyond the control of Your Company. Important factors that could influence Your Companys operations include the impact of Covid-19Pandemic, global and domestic demand and supply, input costs, availability, changes in government regulations, tax laws, economic developments within the country and other factors. We cannot guarantee that these forward-looking statements will be realized, although we believe we have been prudent in our assumptions. Reader should keep this in mind. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

By order of board of directors,

Hit Kit Global Solutions Limited

Sd/-

Kamal Agrawal

#MDStart#

Managing Director DIN: 07646000 Date: 28^th August, 2025 Place: Mumbai