Yunik Managing Advisors Ltd Management Discussions

Industry Structure and Development and Opportunities, Threats, Risks and Concerns and Future Outlook. Update on Future Outlook and Proposed Corporate Actions

Despite continued efforts, to achieve the desired level of business activity. In view of this, the Board of Directors is evaluating strategic measures to realign the Companys operations and improve its business prospects.

As part of this strategy, the Board is considering the following corporate actions:

1. Shifting of Registered Office:

The Company is exploring the possibility of shifting its registered office from Chennai to Mumbai. This move will result in better foot print for approaching potential investors.

2. Capital Reduction Scheme:

The Board is also reviewing a potential capital reduction scheme. This step is aimed setting the stage for future capital restructuring which will strengthen the financial position of the Company.

These proposed actions may facilitate the raising of new equity capital, which could, in turn, enable the commencement of fresh business activity.

The Board intends to approach shareholders with detailed proposals for approval in the next quarter.

Segment

The Company did not carry any other business operations during the year under review. Hence, requirement for disclosure of segment wise performance are not applicable.

Internal Control Systems and their adequacy

The Company has adequate Internal Control Systems commensurate with its size and nature of business. Internal

Audits are periodically conducted by a firm of Chartered Accountant who monitors and evaluates the adequacy of internal control systems in the Company.

Financial Performance:

Consultancy income is recognized on accrual basis as per the terms of agreement.

Significant

The significant ratios

Company, which are more than 25% as compared to the previous year are summarized below:

Financial Ratio	F.Y.	F.Y.	Reason for change
	2024-25	2023-24
Current Ratio Return on Equity	1.70% -21.6%	2.43% -53.8%	Increase in current laibilities Expenses decreased and revenue increased
Trade Receivable Turnover Ratio	-	-	Since the trade receivable are nil for Current year and immediate preceding previous year, this ratio is not calculated.

 

Financial Ratio	F.Y. 2024-25	F.Y. 2023-24	Reason for change
Trade Payable Turnover Ratio	3.38%	10.32%	Decrease in other expenses
Net Capital Turnover Ratio	0.43%	0.099%	Increase in revenue and the Company has not been able decrease in current liabilities
Net Profit Ratio	-75.98%	-648.24%	Increase in revenue and decrease in expenses
Return on Capital Employed	-13.0%	-49.4%	Increase in revenue and decrease in expenses
Inventory Turnover Ratio	NIL	NIL	Not applicable
Interest Coverage Ratio	NIL	NIL	Not applicable
Operating Profit Margin	NIL	NIL	Not applicable

Disclosure of Accounting Treatment:

The financial statements of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under section 133 of Companies Act, 2013 (the Act) [Companies (Indian Accounting Standards) Rules, 2015] and other relevant provision of the Act. The preparation of financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the accompanying disclosures, and the disclosure of contingent liabilities. certainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods.

The Company prepared its financial statements based on assumptions and estimates on parameters available at that time. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond the control of the Company. Such changes are reflected in the assumptions when they occur.

Cautionary Statement

As statements in this discussion are based on estimates and perception of macro and micro economic scenario, actual results may vary from those stated on account of economic dynamics. Therefore the Company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future ofeventsthe or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only of the expectations as on the date.

For and on behalf of the Board of Directors of

Yunik Managing Advisors Limited (Formerly Known as Essar Securities Limited)

Date: May 29, 2025	Sd/-
Place: Mumbai	Priyanka Oka
	Director
	DIN: 08066379