KD Leisures Ltd Management Discussions

Your Directors have pleasure in presenting the Management Discussion and Analysis report for the year ended on 31st March, 2026 Statements in this Management Discussion and Analysis of Financial Condition and Results of Operations of the Company describing the Company’s objectives, expectations or predictions may be forward looking within the meaning of applicable securities laws and regulations. Forward looking statements are based on certain assumptions and expectations of future events. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of their dates.

During the year under review, the Company continued to remain engaged in its existing hospitality business. The hospitality sector continued to operate in a competitive and evolving environment, with business performance being influenced by demand conditions, operating costs, market competition and overall economic factors.

The Company continued to evaluate the prevailing business environment and opportunities for strengthening its operations while exercising due prudence in managing its available resources.

During the financial year under review, the Company did not generate any operational revenue from its business activities. The evaluating opportunities for revival and improvement in its operational performance.

Due to the absence of operational revenue and the Companys limited level of business activity during the year, the Company incurred a loss for the financial year.

The management continues exploring viable opportunities for future growth, subject to prevailing market conditions and availability of resources.

Opportunities: Growing domestic tourism, increasing demand for quality hospitality and wellness-oriented experiences, greater use of online booking platforms, and opportunities to expand revenue through food & beverage and allied services.

Threats: Intense competition, changing customer preferences, seasonal fluctuations in demand, rising operating costs, economic uncertainties, and regulatory changes may impact the Company’s business and profitability.

3. Segment-wise or product-wise performance.

During the year under review, since company is being working in a single segment therefore the specific performance does not stand eligible.

The Board of Directors and the Management of the Company are pursuing various available options to rehabilitate the Company and considering future business plans for the Company.

The Companys business and financial performance may be affected by various factors, including the prevailing economic environment, competition, changes in customer demand, operating costs, availability of financial resources and other industry-specific risks.

In view of the limited operational activity during the year and the absence of operational revenue, the management continues to closely monitor these risks and evaluate appropriate measures to mitigate their potential impact.

The Company has appropriate internal control mechanisms commensurate with the size and nature of its operations. The management periodically reviews the Companys financial and operational matters to ensure appropriate oversight and compliance with applicable requirements.

The Company remains committed to maintaining adequate controls and processes for safeguarding its assets and ensuring proper financial and operational discipline.

The financial statements have been prepared in compliance with the requirements of the Companies Act, 2013 and Generally Accepted Accounting Principles in India. Further, the financial performance during the year under reference has been impressive in terms of sales. Even though there has been a decent increase in the turnover, the volume of profits has also increased as compared to last year.

During the financial year under review, the Company maintained a lean human resource structure commensurate with the scale and nature of its operations. The Company had three employees as at the end of the financial year.

There were no material developments in human resources or industrial relations during the year under review. The management continued to maintain cordial and professional relations with its employees and remained focused on ensuring an appropriate workforce structure in line with the Companys operational requirements.

Given the limited level of business operations during the year, the Company did not undertake any significant expansion of its workforce. The Company will continue to assess its manpower requirements based on the scale of operations and future business needs.