procal electronics india ltd share price Management discussions

Your directors are pleased to present the Management Discussion and Analysis Report for the yearended 31^st March, 2023.

The Management Discussion and Analysis have been included in consonance with the Code of Corporate Governance as approved by The Securities and Exchange Board of India (SEBI). Investorsare cautioned that these discussions contain certain forward-looking statements that involve risk and uncertainties including those risks which are inherent in the Companys growth and strategy. The company undertakes no obligation to publicly update or revise any of the opinions or forward- looking statements expressed in this report consequent to new information or developments, events or otherwise.

The management of the company is presenting herein the overview, opportunities and threats, initiatives by the Company and overall strategy of the company and its outlook for the future. This outlook is based on managements own assessment and it may vary due to future economic and other future developments in the country.

The operational performance and future outlook of the business has been reviewed by themanagement based on current resources and future development of the Company

a) Financial Performance and Operations Review:

Revenue and other income for the year it was nil and the last year it was 29,594. During the year under review, your Company has made a loss before tax of Rs. 5,40,020/- against loss of Rs. 4,87,041/- in the previous year.

During the year under report the company has not carried out any manufacturing ortrading activity. The company has incurred substantial cash losses during the year.

b) Industry Structure and Threats:

During the year under review financial constraints has resulted in no sales and overall performance of the Company is not good as so much.

c) Outlook:

The management is still hopeful and trying for reviving the business by starting the trading& agency business.

d) Internal Control Systems:

The Company has an adequate internal control system including suitable monitoring procedures commensurate with its size and nature of the business.