Santosh Fine Fab Ltd Management Discussions

The Indian textiles industry has an overwhelming presence in the economic life of the country. It also provides employment to millions of people. During the year under review, the Indian Textile Industry, amidst a subdued demand scenario in the domestic as well as the international markets and intensifying competition, witnessed muted sales growth and moderation in profitability.

1. Overall performance

The overall performance during the year 2025-25 has been reasonably satisfactory, sales has been increasing as compare to last year due to lifting up of lockdown, and Companies loss also decreased due to better working capital management and effective utilization of available resources.

2. Business Review

After lifting up Covid-19 lockdown and impressive government policy the overall Textile Industry now showing some growth; Domestic consumption is increasing, Our Company is also not exception to the same. Due to this we are seeing companies top line and bottom line is increased. Market Condition also softening after Covid-19 pandemic.

3. Financial Review

During the year under review, Company has managed better Performance. This will result in decrease in loss. This is due to better inventory management along with other cost cutting major including better finance control etc.

4. Outlook

The year ahead looks very optimistic for the Indian Textile Industry as both domestic consumption as well as export demand is increasing. The operations of the company are gradually increasing. The human resources required to cope-up with the growth requirements of the company are also gradually being put in place. The company is progressively improving its capacity utilization and regaining its market share. It is also generating adequate cash-flows to meet its obligations. We, therefore, look at the future optimistically.

5. Risk and Concerns

The exercise for evaluating the potential risks for the organization is closely monitored by the management. All identified risks have been classified with respect to their seriousness, and probabilities of such risks getting materialized have also been ascertained. In formulating corporate strategies, these risks are duly considered and counter measures are adopted.

6. Human Resource Development

Over the years, your Company has developed an environment, which fosters excellence in performance by empowering its people, who are always on continuous improvement path with an ultimate aim to add value to their intellectual and knowledge resources. The key focus is to attract, retain and develop talent as a resource.

7. Internal Control System & Adequacy

The company has proper and adequate system of Internal Control to ensure the all the assets are safeguarded from loss, damage or disposition. Checks and balances are in place to ensure that transactions are adequately authorized and recorded, and that they are reported correctly. The Board to Directors considers internal controls as adequate.