sagar systech ltd share price Management discussions

The management is pleased to present its Analysis Report.

A. FINANCIAL REVIEW:

Your Company earned profit of Rs. 4,613 thousands for the financial year ended 31st March, 2023 as compared to previous year profit of Rs. 835 thousands. Details of changes in key financial ratios are as follows:

Sr.	Particulars	31/03/2023	31/03/2022	% Change	Reason for major variance
1.	Interest Coverage Ratio	24.533	4.656	426.93	Increase in earnings
2.	Current Ratio	19.03	0.264	7,116.32	Reduction in current liability
3.	Debt Equity Ratio	0.013	0.133	-90.26	Reduction in borrowing and increase in retained earnings
4.	Net Profit Margin	0.708	0.310	128.62	Increase in earnings

B. INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY:

The internal control systems and their adequacy have been discussed in detail in the Directors Report.

C. MACRO ECONOMY: REVIEW AND OUTLOOK:

India will witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally. The International Monetary Fund (IMF) expects India to grow by 5.9% in FY 2023-24 and by an average rate of 6.1% over the next five years.

Indian economy is staging a broad based recovery across sectors, positioning to ascend to pre-pandemic growth path in Financial Year 2022-23. Strong economic growth in the first quarter of FY 2022-23 helped India overcome the UK to become the fifth-largest economy after it recovered from repeated waves of COVID-19 pandemic shock.

D. OPPORTUNITIES, THREATS AND FUTURE PROSPECTS IN THE CURRENT MARKET ENVIRONMENT:

The world economic outlook dated January 2023, projects that global growth will fall to 2.9% in 2023 but rise to 3.1% in 2024. The 2023 forecast is 0.2% higher than predicted in the October 2022 world economic outlook but below the historical average of 3.8%.

Rising interest rate and the war in Ukraine continue to weigh on economic activity. Chinas recent reopening has paved the way for faster than expected recovery. Global inflation is expected to fall to 6.6% in 2022 and 4.3% in 2023 which is still above the pre-pandemic levels.

(Data Sources: Economic Surveys, Industry and Rating Agency reports)

For and on behalf of the Board of Directors of SAGAR SYSTECH LIMITED

Meena Babu	Mukesh Babu
Managing Director	Chairman
DIN: 00799732	DIN: 00224300
Date: 30^th June, 2023
Place: Mumbai

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Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

sagar systech ltd share price Management discussions

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

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ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.