Tirth Plastic Ltd Management Discussions

The main business activity of Company is trading of Acrelic Solid Surface, glue and other material. However, the company has not generated revenue from operations during the year and had revenue from other income of Rs. 8.81 Lakhs.

The company is looking forward to expand its business and generate revenue in the coming years.

Threats

During the year the company was not able to generate revenue and due to which there has been an increase in the net loss of the company.

On the basis of the principles for determination of segments given in Indian Accounting Standard 108 “Operating Segments” and in the opinion of management, the Company is primarily engaged in the business of trading of Acrelic Solid Surface, glue and other material. Accordingly segment wise disclosure of performance is not applicable to the Company.

The Company will carry on business activities in future and will achieve higher turnover as compared to the previous financial year and it further expects growth of the company in future.

The company has not generated any revenue during the year which raises certain concerns for the company.

Considering the size of the company, your company has adequate system of internal control to provide reasonable assurance that assets are safeguarded and protected from unauthorized use or deposition.

The company has not carried any business activity during the financial year 2024-25. However, the revenue from other income is Rs. 8.57 lakhs. The Company has incurred net profit of Rs. 1.32 Lakhs during the year.

Your Company treats its “Human Resources” as one of its most significant assets. The Company continues its focus on retention through employee engagement initiatives and provides a holistic environment where employees get opportunities to realize their potential.

A number of programs that provide focused people attention are currently underway. Your Companys thrust is on the promotion of talent internally through job rotation and job enlargement. The Companys Health and Safety Policy commits to provide a healthy and safe work environment to all employees.

Reason for change in return on equity ratio: During the current year Company has profit hence variation is high

Reason for change in return on capital employed: During the current year Company has profit hence variation is high.

10.BUSINESS ENVIRONMENT:

The Company is working under good business environment.

11.ACCOUNTING TREATMENT:

The company has followed accounting treatment as prescribed in Indian Accounting Standard applicable to the company.

12.CAUTIONARY STATEMENT:

Statements 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 different 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.