Today's Top Gainer
Note:Top Gainer - Nifty 50 More
The key issues of the Management Discussion and Analysis are given below.
1. Industry Structure and Developments:
Indian Housing market size is facing challenges like steep hike in input raw material cost, constant growing rate of interest on loans, inflation and economic environment of the country. Private players face a liquidity crunch as financial institutions are reluctant to fund infrastructure projects.
2. Opportunities and Threats:
Continuing increase in demand of low housing and slum rehabilitation projects are opportunity of growth to the Company. The Company is constantly seeking opportunities at the current juncture.
3. Segment wise performance:
The Company has started its operations and is showing some progress in its operations during the year under review. The Company has already entered into a Joint Venture agreement for the purpose of redevelopment of residential project in FY 2015-16. The Company is constantly striving towards obtaining infrastructure contracts.
The Company will focus on making long term strategic investment in new projects.
5. Risk & Concerns:
The Company is exposed to various sector specific risks and generic risks which the Company understands and hence is encompassing a framework to deal with the risks.
6. Internal control systems and their adequacy:
There is an adequate internal control system commensurate with the size of the Company and the nature of its business.
There are professionals and independent Directors on the Board of the Company who are in the process of developing a strategic roadmap for the Company to tap opportunities in the sector.
8. Comment on Current years performance:
The Company is constantly striving to seize the opportunities of the infrastructure sector which offers tremendous opportunities.
The Company at this point of time is earning profits due to income from Non-operational activities.
The Management of the Company is devising a futuristic and strategic roadmap for the Company and keeping all operating expenses under tight control.
9. Cautionary Statement:
Statements in this Management Discussion and Analysis Report, Describing the Companys outlook, projections, estimates, expectations or predictions may be "Forward looking Statement" within the meaning of applicable securities laws or regulations. Actual results could differ materially from those expressed or implied.
|By the order of the Board of Directors|
|For Yogi Infra Projects Limited|
|Sanjay Agarwal||Basudeo Agarwal|
|September 5, 2019||DIN: 00462902||DIN: 00462889|