Shikhar Leasing & Trading Ltd Management Discussions

The Management of Shikhar Leasing and Trading Limited presents the analysis of performance of your Company for the year ended 2025-2026 and its outlook for the future. This outlook is based on assessment of the current business environment and the expectations, estimates and projections of the Directors and Management of the Company. It may vary due to future economic and political development, both in the Indian and international economies and due to other factors beyond control.

ECONOMIC ENVIRONMENT WORLD

The global economy continued to demonstrate resilience during FY 2025-26 despite persistent geopolitical tensions, elevated policy uncertainty and fluctuating financial conditions. According to the International Monetary Fund (IMF), global growth is projected at around 3.0% in 2025 and 3.1% in 2026, reflecting moderate but stable economic expansion. Advanced economies are expected to witness gradual recovery, while emerging market and developing economies are projected to continue contributing significantly to global growth.

Global inflation is expected to continue its declining trend owing to easing supply-side pressures and stabilizing commodity prices, although inflationary concerns remain in certain economies. Central banks across major economies continued to closely monitor inflation and interest rate movements to maintain macroeconomic stability.

The global economic outlook remains cautiously optimistic; however, risks such as geopolitical conflicts, trade uncertainties, volatile energy prices and tighter financial conditions may continue to impact growth prospects across economies. Despite these challenges, improving financial conditions, technological advancements and increased investment activities are expected to support global economic growth in the medium term.

(I) Industry Structure and Developments :

There is fierce competition in the business of Finance and Leasing which is normal for any business.

(II) Threats :

The Company perceives normal business threats of competition from new entrants.

(III) Segment-wise or Product-wise Performance :

The performance of the company in Finance and Leasing is stable.

(IV) Outlook :

The outlook of the Company is positive.

(V) Risks and Concerns:

The Company perceives normal business risks and concerns.

(VI) Internal Control systems and their adequacy:

The Company has adequate internal control systems.

(VII) Discussion on financial performance:

The Company has earned loss of Rs. 10.24 Lakhs for the year ended 31st March, 2026 against Net Profit of Rs. 13.93 Lakhs in the previous year.

(VIII) Material developments in human resources / Industrial Relations front, and number of people employed:

There are no material developments in human resources front.

(IX) No. of employees: 4 (Four)

(X) Cautionary Statement:

Certain statements made in this Report relating to the Companys outlook, estimates, predictions etc. may constitute "forward looking statements" within the meaning of applicable laws and regulations. Actual results may differ from such estimates, whether express or implied.

Several factors that could make a difference to Companys operations include climatic conditions and economic conditions affecting demand and supply, changes in Government regulation tax regimes, natural calamities, etc. over which the Company does not have any direct control.