Jai Mata Glass Ltd Management Discussions

"ANNEXURE A"

Market overview

Rising spending on residential and commercial construction, along with the growing penetration of recyclable materials, is anticipated to boost market growth during the forecast period. Newer forms of business and concerns about technological disruptions and capital investments are forcing the management to rethink business plans. Value chain in the manufacturing sector is being redefined to synchronize with changing financial environment.

Growth in the construction sector is boosting product manufacturing. The fragmented nature of the market and rising product demand have led to high competitive rivalry. Market players are focusing on competitive differentiation in terms of the manufacturing process and product innovation. Manufacturing processes with emphasis on cheaper raw material and other key inputs casts will be the main determinate for greater profitability.

Risk Management practices will have a defining role to play, with focus on minimizing counter party risks.

The Company operates in a single segment, and therefore, there are no separate segment wise details to be provided.

The Company has adequate internal control system commensurate with the size and nature of its operations.

Accounts of the Company

The Company has prepared its annual accounts for the year ended March 31, 2025 in accordance with IND- AS.