Suryakrupa Finance Ltd Management Discussions.

Your Directors have pleasure in presenting the Management Discussion and Analysis report for the year ended on 31st March 2019.

INDUSTRY STRUCTURE AND DEVELOPMENT:

Company is engaged in the transportation, logistics and financial service activities. The Company cannot perform up to the mark due to various internal disadvantages, financial crises and other unavoidable business circumstances.

OPPORTUNITIES AND THREATS:

The Company is passing from huge liquidity crunches. The management of the Company had flubbing own funds and recourses to capitalize business opportunities and growth but all steps are looking very over the shadow of massive challenges. The service sector noted reliable growth record since last couple of years and it is expected that same high potential of development will remain continues. Easy availability of skilled, semi-skilled people at competitive rate has reduced competition in domestic as well as in international market.

The logistic sector is generally needs highly capital investment and deployments of huge manpower to manage and maintain business activities. Development of yard, warehouses, office premises and body building of trucks need high capital investment and take two to three years to make effective project. This industry is highly dependent on external agencies, economic growth and trade policies are major threats.

RISKS MANAGEMENT AND CONCERNS:

Your Company is taking adequate measures to safeguard against Risks & Concerns. SFLs focus is on those risks that threaten the achievement of business objectives of the Group over the short to medium term. An overview of these risks is provided hereafter, including the actions taken to mitigate these risks and any related opportunities.

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 compliances of guidelines and policies adhere to the management instructions and policies to ensure improvements in the system. The Company has proper and adequate internal control system commensurate with the size of the business operations. Efforts for continued improvement of internal control system are being consistently made in this regard.

OUTLOOKS

With increasing consumer demand and the resulting growth in global trade, the role of infrastructure carry in terms of rails, roads, ports & warehouses hold the key to the success of the economy. Goods are transported mainly by road and rail in India.

Road is favorite because of its cost effectiveness and flexibility. The Indian logistics business is valued at US$ 22bn and has been growing at a CAGR of 12 to 15 per cent. The liberalizing Indian economy is experiencing entry of large domestic and global firms in new businesses as well as improvement of distribution network of many regional Indian firms.

Government policies have been another driver of change in the logistics industry. The trend towards higher road cargo traffic as compared to rail is going to require better logistics control and coordination. The Indian logistics zone has normally been driven by the objective of reducing transportation costs that were extremely high due to regional concentration of manufacturing and geographically diversified distribution activities as well as inefficiencies in infrastructure and accompanying technology.

HUMAN RESOURCES VIS-A-VIS INDUSTRIAL RELATIONS

There were no employees presently employed by the Company during the year under review since the Company was not carrying out any business activities. The Company recognizes the importance of the human resources for its growth and development and when the new business opportunities get firmed up it shall hire human resources.

FINANCIAL AND OPERATIONAL PERFORMANCE

The income of the Company was nil in the financial year ended 31st March, 2019. The net loss of the Company was Rs 777,008/- for the financial year ended 31st March, 2019, as compared to net Loss Rs. 565,602/- for the previous year. The Company is however striving hard to improve the operational efficiency.

CAUTIONARY STATEMENT

Statements in the Management Discussion and Analysis describing the Companys objectives, projections, estimates and expectations may be ‘forward looking statements within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Important factors that could make a difference to the Companys operations include economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates changes in the Government regulations, tax laws, and other statutes and other incidental factors.

By Order Of the Board

SURYAKRUPA FINANCE LIMITED

(Narendrasinh D. Rana) (Ashok Kumar Dudi)
DIRECTOR& CFO Chairman &M.D.
DIN No. 02543871 DIN No. 02579317
Date: 4th September,2019 PLACE: Gandhidham.