Shivansh Finserve Ltd Management Discussions

1. Overall Review

During the financial year under review, SHIVANSH FINSERVE LIMITED continued to focus on its financial and investment-related activities while monitoring prevailing market conditions and opportunities available in the financial services sector. The Company witnessed a significant improvement in its overall financial performance during FY 2025 26 as compared to the previous financial year. The increase in business activity and income contributed to an improvement in profitability during the year.

The financial services and investment environment continues to remain sensitive to changes in interest rates, market liquidity, economic conditions, and movements in equity, commodity and real-estate markets. Accordingly, the Companys performance may be influenced by volatility in the financial and capital markets. The management continues to adopt a prudent approach towards business opportunities and financial risks while focusing on sustainable growth and improvement in operational efficiency.

Going forward, the Company intends to focus on strengthening its existing business activities, exploring suitable opportunities in the financial services and investment space, maintaining effective cost and risk management practices, and improving shareholder value. The management remains cautiously optimistic about the Companys prospects and will continue to evaluate business opportunities in accordance with prevailing market conditions and applicable regulatory requirements.

2. Financial Review

During the year the company has continued its business activities and made a consolidated profit of Rs. 42.67 Lakhs.

3. Risk and Concern

Bullish trend in Equity Markets, Commodities and Real estate will affect volume and profitability of Government Securities business. Changes in rate of Interest will affect Companys Profitability.

4. Internal Control System and their adequacy

The internal control system is looked after by Directors themselves, who also looked after the day to-day affairs to ensure compliance of guide lines and policies, adhere to the management instructions and policies to ensure improvements in the system. The Internal Audit reports are regularly reviewed by the management.

5. Environmental Issues

As the company is not in the field of manufacture, the matter relating to produce any harmful gases and the liquid effluents are not applicable.

6. Financial Performance with Respect to Operation Performance

The Company has all the plans for tight budgetary control on key operational performance indication with judicious deployment of funds without resorting to any kind borrowing were ever possible.

7. Cautionary Statement

Statement in this report on Management Discussion and Analysis may be forward looking statements within the meaning of applicable security laws or regulations. These statements are based on certain assumptions and expectations of future events. Actual results could however, differ materially, from those expressed or implied. Important factors that could make a difference to the companys operations include global and domestic demand supply conditions, finished goods prices, raw material cost and availability and changes in government regulation and tax structure, economic development within India and the countries with which the company has business contacts and other factors such as litigation and industrial relations.

The Company assumes no responsibility in respect of forward - looking statements, which may be amended or modified in future on the basis of subsequent developments, information or events.