SPV Global Trading Ltd Management Discussions

SPV GLOBAL TRADING LIMITED:

SPV Global Trading Limited currently has a spectrum of non-ferrous metals which serves the copper alloy manufacturing industry, which in turn serves many industries such as Automobiles, Electricals, Electronics, horological, coinage, etc.

The Company has one subsidiary company named Rashtriya Metal Industries Ltd, which is engaged into the business of metal manufacturing.

The details with respect to financial performance has been included in detail in financial statements of the Company and in the Boards Report.

I. ECONOMIC & INDUSTRY OVERVIEW:

Copper is very essential metal for economic activity and even more so to modern society. Infrastructure development in major countries such as China and India and the global trend towards cleaner energy will continue to support growth in copper demand. Copper is one of the most recycled of all the metals. Virtually all products made from copper can be recycled and recycled copper loses none of its physical and chemical properties.

II. OPPORTUNITIES AND THREATS:

• Growing copper demand within country

• Buoyancy in world copper prices

• Good Opportunity due to upcoming market of electrical vehicles

• Volatility in LME Copper price affecting turnover/profitability

• Increasing cost of inputs

• Attrition of skilled manpower

• Risk in existing non-profitable business

• Cheaper substitute for copper

However, your Company is aware of the above threats and has worked steadily to strengths its business operations by putting appropriate policies and measures in place and well positioned to counter any adverse threat successfully.

III. RISKS AND CONCERNS:

The Company has laid down risk management framework keeping the Companys objectives, growth strategy and process complexities arising out of its business operations. Risk management in organization is a continuous process of identifying, assessing and managing all the opportunities, threats and risks faced by the company to achieve its goals.

The Board of Directors of your Company have framed a committee which is known as Risk Management Committee. The Board of Directors with the Aid of such Risk Management committee review and monitor Business risks for your Company. Moreover, the management also periodically reviews the policies and procedures and formulates plans for control of identified risks and improvements in the systems.

IV. INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY:

The Company has internal control systems and procedures commensurate with its size and nature of business. The Company has in place delegation of authority, policies and manuals approved by the Board. The system also meticulously records all the transactions details and ensures regulatory compliance.

V. SEGMENT WISE OR PRODUCT WISE PERFORMANCE:

The Company is engaged solely in trading activity segment and all activities of the Company revolve around this business.

VI. MATERIAL DEVELOPMENTS IN HUMAN RESOURCES / INDUSTRIAL RELATIONS FRONT INCLUDING NUMBER OF PEOPLE EMPLOYED

-I- Manpower

As on 31.3.2025, the manpower of the Company was 2 (Two).

-I- Employee Relations

During the year, Employee Relations continued to be harmonious and peaceful in all Units of the Company and have contributed immensely towards smooth functioning of the Company.

-I- Human Resource Development

Training and Development, based on identified needs is given due priority by the Company for all levels of employees to increase employee effectiveness, employee utilization and productivity as well as to usher in a culture of innovation and creativity with emphasis on deciphering problem-solving skills.

VII. KEY FINANCIAL RATIOS AND DETAILS OF SIGNIFICANT CHANGES THEREIN (I.E. CHANGE OF 25% OR MORE AS COMPARED TO THE IMMEDIATELY PREVIOUS FINANCIAL YEAR) ALONG WITH DETAILED EXPLANATIONS THEREOF:

During the year under a review there were no significant changes increase from 25 % or more as Compared to the Immediately previous Financial Year.

VIII. DETAILS OF ANY CHANGE IN RETURN ON NET WORTH AS COMPARED TO THE IMMEDIATELY PREVIOUS FINANCIAL YEAR ALONG WITH A DETAILED EXPLANATION THEREOF:

Return on Net Worth for Financial Year 2024-25 is -0.01 % as against 11% in Financial Year 2023-24.

IX. DISCLOSURE OF ACCOUNTING TREATMENT:

Your Company has prepared its financial statements for F.Y. 2024-25 in accordance with the Indian Accounting Standards (Ind AS) issued by the Institute of Chartered Accountants of India (ICAI) and as per Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (India Accounting Standards) (Amendment Rules), 2016. The implementation of Ind AS is a major change in the accounting treatment.

X. CAUTIONARY STATEMENT:

The Statements in this Management Discussion and Analysis Report describing the Companys objectives, projections, estimates and expectations may be forward looking statements within the meaning of applicable laws and regulations. Actual results might differ materially from those expressed or implied.

The Company is not under any obligation to publicly amend, modify or revise any forwardlooking statements on the basis of any subsequent developments, information or events.