OTCO International Ltd Management Discussions.

Pursuant to Listing Regulation of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 aligned with Companies Act, 2013, this reports presents the summary of financial performance of the company and the companys vision and strategy to help in understanding the operational and financial results in better lights.

During the year 2020-21, due to pandemic situation effecting globally company was unable to generate substantial business. The management team is striving and hopefully there would be positive result in the future.

Business Segment:

The Company is into the business of Consultancy services and real estate services. The company operates mainly in Indian Market.

Financial performance:

Your company total income was Rs 425 lakhs almost 8 times up as compared to last year revenue of Rs 49 lakhs. The net profit for the financial year was Rs. 41.5 lakhs as against profit of Rs. 8 lakhs reported in the previous period.

Competition:

The company has to face stiff competition for its consultancy and real estate business.

Risk and Concerns:

The Company recognizes the importance of well-structured system to identify and manage the different elements of risk. The management team of the company regularly identifies reviews and assesses risks involved in its various business activities and work out guidelines for mitigating the same.

Human Resources:

Your Directors want to place on record their appreciation for the contribution made by employees at all levels, who through their steadfastness, solidarity and with their co-operation and support have made it possible for the Company to achieve its current status.

Cautionary Statement:

The management discussion and analysis report describing the Companies objectives, projections, expectations or predictions may be forward looking within the meaning of applicable laws and regulations. Actual results may differ materially from those expressed in the statement.