trans india house impex ltd share price Management discussions


Industry Structure and recent Developments: TRANS INDIA HOUSE IMPEX LIMITED (TIHIL) has emerged as one of the leading export houses of India. The Company has been lately setting benchmarks in the exports domain, thereby yielding positive returns over the last one year.

We also diversified our expertise recently and have started dealing in various products and services. TIHIL is adept at doing market research and will be enhancing the product lines in the near future based on customer requirements. Our Company is also working hard on its relations to boost product performance.

Outlook / Projections for 2023-24: The Company is looking to make use of its ongoing success to stabilize and expand operations, and to eventually open various other branches domestically and globally. We will be looking to gain profitable status quo, increase our Companys employee size and fully penetrate the global market with our products.

Opportunities for the Company: The Company will look to improve its financial, marketing, and logistics systems. We also want to develop our own product niche in the market soon, provided it doesnt hurt our current economic growth.

Risks and Concerns: The Company may be affected by several risk factors like - current financial and socioeconomic environment, fear of recession and high inflation, which is related directly to growth. To offset these risks its important that the Company adopts new strategic plans to drive profit.

Risk factors in this context are conditions or events that can negatively impact a businesss success, profitability, or sustainability. They can arise from internal or external sources and vary across industries and organizations.

To avoid this, the company can hire more managers who will provide guidance to the team under our Managing Directors delegation. We also need to take care of our expenses and investments since our cash flow is limited currently.

Lastly, the Company will have to consolidate and control the financial gains brought on by our initial success. We must also never stop being innovative in our decision-making, otherwise our growth may become stagnant despite our success.

Internal control Systems and their adequacy: During the year under review, the Company has an internal control system in place and was periodically reviewed to judge its effectiveness.

Financial performance with respect to Operational Performance: Financial performance has been given separately in the Directors Report.

Forward Looking Statements: This Annual Report contains forward looking statements which may be identified by words like Success, Profit, Growth, Strategy, Plans or other similar words. All statements that address expectations or projections about future, including but not limited to statements about the Companys market position are forward looking statements.

The company cannot guarantee that the statements or assumptions are accurate or will be realized. The Companys actual performance and results may differ materially from those expressed in the statement.

Dated: 05th September, 2023 Place: NOIDA
On behalf of the board of directors,
For TRANS INDIA HOUSE IMPEX LIMITED
Sd/- Sd/- Sd/-
Mayank S. Jolly Mitesh S. Rajput Irfan A. Qureshi
(Director) (Director) (Director)
DIN:09366175 DIN: 06772154 DIN:09494589