Pressure Sensitive Systems (India) Ltd Management Discussions

Overview

Despitefacing a few global headwinds, India remained resilient and continued on a robust growth trajectory. The country retained its position among the worlds Top 10 economies in terms of growth, with the Gross Domestic Product (GDP) estimated to expand by approximately 7% during the financial year 2024-25. This momentum is expected to be sustained in the coming years, supported by structural reforms, domestic consumption, and strong macroeconomic fundamentals.

Pressure Sensitive Systems (India) Limited is engaged in the manufacturing, import, export, and trading of a wide range of pressure-sensitive adhesive-coated tapes and labels. These products are designed to cater to a variety of applications and are developed using diverse base materials including plastic films, fabrics, metal foils, cork, and other substrates. The Company specializes in producing both standard and custom-made solutions tailored to specific end-user requirements.

The Companys product portfolio supports multiple industrial applications such as electrical insulation, thermal insulation, binding, packaging, labeling, identification, lamination, and other adhesive-based uses. Additionally, the Company deals in specialized materials including metallized threads, magnetic threads, and other coated products designed for high-performance and niche markets.

By focusing on innovation, quality, and customer-specific solutions, Pressure Sensitive Systems (India) Limited continues to strengthen its position in both domestic and international markets, while responding effectively to evolving industry demands and technological advancements.

In the FY 2024-25 the company has picked up well and has started its operations and engaged in business. So in the FY 2023-24 turnover of the company of Rs. 13.25 lakhs and in the FY 2024-25 turnover of the company of Rs. 1908.92 lakhs.

The company looks forward to growing further in terms of profit earning as well as scaling up its operations that would further contribute to employment generation.

Risk management is an integral part of the Com pa nys overall operating framework. The Company adopts a comprehensive approach to identifying, assessing, and mitigating business risks across all functions and levels. A structured framework is in place for the periodic review of key risks, implementation of mitigation strategies, and continuous monitoring through established reporting mechanisms.

Senior management conducts regular and systematic evaluations of critical risk areas to ensure timely responses to emerging threats and opportunities. This proactive and disciplined approach enables the Company to maintain operational resilience and safeguard stakeholder interests.

Apart from the usual risks and concerns that affect any commercial, manufacturing, operational, the key business risks and concern areas identified by the Company are as under:

1) Economical Risk

2) Compliance Risk

3) Cyber Risk

4) Operational Risk

5) Industry Risk

6) Environmental Risk

7) Financial Risk

8) Regulatory Risk

The Company has established an adequate and effective Internal Financial Control (IFC) system designed to ensure that all assets are properly safeguarded and that transactions are duly authorized, accurately recorded, and reported in a timely manner. These controls form an integral part of the Companys operational and financial processes, ensuring compliance with applicable laws and regulations.

To strengthen the internal control framework, the Company has appointed professional firms of Chartered Accountants. They conduct regular audits across various functions and processes, and their findings are reported directly to the Management. Any lapses or control deficiencies identified are promptly addressed through appropriate corrective actions, including, where necessary, the enhancement of audit scope and frequency.

Statutory Auditors independently assess the adequacy and effectiveness of the internal control systems. Their observations and recommendations are reviewed and acted upon to further strengthen internal processes and risk mitigation practices.

The Audit Committee periodically reviews the Internal Financial Control systems, evaluates the effectiveness of internal audit mechanisms, and provides guidance for continuous improvement.

From its inception, the Company has remained committed to being an equal opportunity employer, embedding diversity, equity, and inclusion across every stage of the employee lifecycle?from recruitment and retention to retirement. The Company cultivates a collaborative and inclusive work environment that encourages lateral thinking, cross-functional engagement, and a culture of innovation. This approach enables employees to contribute meaningfully and drive sustainablevalue creation across the organization.

Statements in this Management Discussion and Analysis describing the companys objectives, projections, estimates and expectations may be forward looking statement within the meaning of applicable laws and regulations. Actual results might differ materially from those either expressed or implied.