MANAGEMENT DISCUSSION AND ANALYSIS REPORT
The Companys current business activity is Trading in Chemicals.
Industry Structure and Developments:
Large number of companies are active in trading of chemicals. About 15 importers are regularly importing Vinyl Acetate Monomer (VAM) for trading into India.
Opportunities, Threats, Outlook, Risks and Concerns:
The Company is currently engaged in trading of chemicals, mainly VAM.
The price and demand of various chemicals undergo fluctuations. Similarly, there are fluctuations in the foreign currency rates. Hence, there is an inherent risk in trading activities.
Segment-wise Performance:
The Companys current business activity has only one primary reportable segment, namely trading in chemicals.
Internal Control Systems and their Adequacy:
The Company has adequate internal control procedures commensurate with the size and nature of its business. The internal control systems provide for policies, guidelines, authorisations and approval procedures.
The Audit Committee of the Board of Directors periodically reviews the internal audit reports, significant risk area assessment and adequacy of internal controls for ensuring checks and balances. The Company has appointed Internal Auditors who regularly check the adequacy and effectiveness of all internal controls and suggest improvements.
Financial Performance:
The financial results and performance for the year are elaborated in the Directors Report.
Human Resources:
Harmonious relations continued to prevail with the employees. The total number of employees as on 31st March, 2026 were 13.
Changes in Key Financial Ratios:
The details of changes in Key Financial Ratios are as under:
Sr. No. |
Ratio |
As on 31.03.2026 | As on 31.03.2025 | |
1 |
Debtors Turnover Ratio |
5.54 | 5.66 | |
2 |
Inventory Turnover Ratio |
12.94 | 6.42 | |
3 |
Current Ratio |
2.27 | 1.93 | |
4 |
Operating Profit Margin (%age)* |
3.35 | 5.28 | |
5 |
Net Profit Margin (%age)* |
2.49 | 5.09 | |
6 |
Return on Networth (%age)* |
12.66 | 18.35 |
* Lower as compared to previous year due to lower other operating revenue.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
