sdf industries ltd Management discussions

1. Industry Structure &Developments: Liquor is a state subject and the respective state government sets all the control parameters to this trade. Our Companys present business is restricted to IMFL. All thedomestic market business is routed through Kerala State Beverages (M&M) Corporation Limited, a state government enterprise.

2. Opportunities &Threats: The alcohol industry falls within the domain of the industries for which license is not available easily. But it also heavily dependent on the government policies.

3. Risks &Concerns: Any change in the Government Policy has a bearing on the industry. The liquor market is also highly competitive.

4. General: a. Internal Control The company has a system of Internal Control to ensure that all its assets are properly safeguarded. The company also has an Audit Committee of the Board of Directors which meets regularly to review various aspects of the Companys policies and Management.

b. Human Resources Considering the financial position of the Company, the number of employees is kept at the minimum and the company makes optimum use of its employees. All the bottling works are carried out by contract workers as it is being seasonal and depend heavily on short term government policies.

c. KEY FINANCIAL RATIOS:

Sl.No	Description	31.03.2023	31.03.2022	% Change
1.	Current Ratio	0.21	0.35	-38.75%
2.	Debt Equity Ratio	-5.00	-115.27	-95.66%
3.	Debt coverage service ratio	-44.19	-26.43	67.23%
4.	Return on equity ratio	0.90	21.98	-95.93%
5.	Inventory Turnover Ratio	0.53	1.55	-65.46%
6.	Trade receivables turnover ratio	5.80	4.11	41.03%
7.	Trade Payables turnover ratio	0.19	0.31	-39.49%
8.	Net capital turnover ratio	-0.79	-1.04	-23.85%
9.	Net Profit Margin (%)	-36.16	-37.23%	-2.87%
10	Return on capital employed	-0.22	-0.19	17.83%

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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

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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.

sdf industries ltd Management discussions

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

MARKET

IDEAS

MUTUAL FUNDS

TRADING DOCUMENTATION

CALCULATOR

GLOSSARY (A-Z)

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Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.