Kashyap Tele-Medicines Ltd Management Discussions

The Company is planning to diversify the existing business activities into the packaging of medical instruments segments under the flagship of new management of the Company.

The Company presently have one class of shares. The Authorized Share Capital is 15,00,00,000 Equity shares of Rs. 1/- each, constituting to Rs. 15,00,00,000/- and Paid up Capital is 4,77,22,000 Equity shares of Rs. 1/- each constituting to Rs. 4,77,22,000/-.

There were no increase in the issued, subscribed and paid up capital of the Company during the year under review.

The total shareholder funds were Rs. 63.95 Lakhs as at 31st March, 2025 against Rs. 63.98 Lakhs as of the previous year ended 31st March, 2024 with a decrease of 4.48% on Year to Year basis.

The profit/loss after tax (PAT) for the year ended 31st March, 2025 stands at Rs. (0.03) Lakhs.

As per the Financial Statements during the Financial Year 2024-2025, the Company does not have any fixed assets.

The Return on Net worth (RONW) for the year ended 31st March, 2025 stood at (4.69%)

The aggregate revenue from operations of the Company stood at Rs. 19.20 Lakhs for the year ended 31st March, 2025.

The above revenue was derived from income from projects and services & Software sales with a contribution of Rs.3.60 Lakhs and Rs.15.60 Lakhs respectively.

The Company achieved Earnings before Interest, Depreciation and Tax (EBIDTA) of Rs. (0.03) Lakhs against loss of Rs.(2.96) Lakhs as of the previous year.

Earnings per share (EPS) for the year ended 31st March, 2025 is Rs. (0.000) against Earning per share of Rs.( 0.006) in previous year.

As the Company is operating in single segment, product wise / segment wise disclosure of performance is not required to be made.

Your Company being in the IT Business is exposed to a wide variety of connected and interconnected risks. Operating in an uncertain and ever-changing environment, there are various types of risks that threaten the existence of a Company like Strategic Risk, Technology Risk, Business Risk, Finance Risk, Environment Risk, Personnel Risk, Operational Risk, Reputation Risk, Regulatory Risk, Geography Risk, Competition Risk, Obsolescence Risk, cyber security risk etc. Your Company aims at identifying and assessing risk at appropriate time to maximize shareholders value by achieving appropriate trade-off between risk & return. The Company has established robust Risk Management framework through which risk are assessed and managed at various levels.

The Company has aligned its current systems of internal financial control with the requirement of Section 134(5)(e) of the Companies Act, 2013. It includes policies and procedures adopted by the Company for ensuring orderly and efficient conduct of its business, thereby covering not only the controls pertaining to financial statements but also include strategic and operational controls pervasive across the entire business. The Company has an Internal Control System which commensurate with the size, scale and complexity of its operations. These have been designed to provide reasonable assurance with regard to recording and providing reliable financial and operational information, complying with applicable statutes, safeguarding assets from unauthorized use, executing transactions with proper authorization and ensuring compliance with corporate policies. To maintain its objectivity and independence, the Internal Auditor reports to the Chairman of the Audit Committee of the Board. The Internal Auditor monitors and evaluates the efficacy and adequacy of the internal control system in the Company, its compliance with operating systems, accounting procedures and policies of the Company. They also periodically evaluate and test the efficacy and adequacy of internal controls. The internal control systems also aim to strengthen the overall assurance practices, processes and controls. Significant audit observations and follow up actions thereon, if any, are reported to the Audit Committee. The Internal Control systems are designed to provide assurances on an ongoing basis so that the business operations function efficiently and ensure that applicable laws, rules, regulations and policies of the Company are followed and their liability of financial reporting is safeguarded. The Statutory Auditors of the Company have audited the financial statements forming part of this Annual Report and have issued an unmodified opinion on the adequacy and operating effectiveness of the Companys internal financial controls over financial reporting.

The Indian Information Technology (IT) and Software Services industry continues to be a cornerstone of the countrys economic growth and global positioning. Over the years, it has transformed India into one of the most attractive destinations for technology investment and innovation. In FY 2024-25, the sector maintains its trajectory of strong growth, contributing approximately 7% to Indias GDP, and reaffirming its role as a key driver of economic transformation.

India remains the top global offshoring destination for IT services, backed by its proven track record in delivering cost-effective, high-quality, and reliable solutions to clients across the world. The industrys capabilities span both onshore and offshore deliv ery models, with a growing focus on emerging technologies such as Artificial Intelligence (AI), Generative AI, Cloud, Data Analytics, Cybersecurity, and Internet of Things (IoT), which are reshaping service offerings and creating new value streams.

According to estimates for FY 2023-24, the Indian IT-BPM (Information Technology and Business Process Management) industry, excluding e-commerce, is projected to reach USD 254 billion, with exports accounting for approximately USD 200 billion. The sector continues to be a major contributor to Indias foreign exchange earnings and global economic engagement.

In terms of employment, the IT-ITeS sector remains a significant job creator, with the workforce expanding to 5.43 million professionals, including 60,000 net new additions over the previous fiscal year. Importantly, women constitute 36% of the industrys total workforce, reflecting growing diversity and inclusion in the sector.

The Government of India, through the Ministry of Electronics and Information Technology (MeitY), continues to play a proactive role in strengthening the sector by:

• Facilitating strategic initiatives to promote innovation and entrepreneurship,

• Supporting infrastructure development and digital skilling programs,

• Encouraging research and development (R&D) in emerging technologies, and

• Advancing policies to position India as a global digital powerhouse.

Looking ahead to FY 2024-25, the Indian IT and software services industry is poised to capitalize on rising global demand, rapid digital transformation across sectors, and enhanced domestic adoption of digital technologies. With its robust talent base, favorable policy environment, and growing global footprint, the industry is well-positioned to achieve sustained growth, create high-value employment opportunities, and strengthen Indias position in the global digital economy.

Source: https://www.meity.gov.in/content/software-and-services-sector

The Company follows the philosophy of achieving mutually beneficial and all-inclusive growth & thus values its human resources as its biggest asset. The employees are provided a fair environment supported by transparent policies to foster their personal growth along with attainment of corporate objectives. It encourages all employees to strike a perfect work life balance. The Company would like to place on record, sincere appreciation for the valuable contribution and support of all its employees towards the performance and growth of the Company. Your Company is happy to have a management team comprising of professionals with a proven track record. There have been no material developments in Human Resources during the Financial Year 2024-2025. The Company continues to remain focused and sensitive to the role of human resources in optimizing results in all its areas of working and its industrial relations also continue to be cordial.

Details of Key Financial Ratios and any change in Return on Net Worth of the Company including explanations therefore are given below:

The major reason for variation in Current Ratio and Net Capital Turnover Ratio is mainly due to increased payables for expenses.

The major reason for change in profitability and margin related ratios is mainly due to the reason that the profit / (loss) for the current year is impacted due to penalty charged by BSE Limited and increased employee benefit expenses.

* The numbers in brackets represent that the numbers are in negative.