Evexia Lifecare Ltd Management Discussions

INDUSTRY STRUCTURE & DEVELOPMENT

Changing economic and business conditions and rapid growth of Business Environment are creating an increasingly competitive market environment that is driving corporations to transform their operations. Companies are focusing on their core competencies and service providers to adequately address these needs. The role of technology has evolved from supporting corporations to transforming their business.

SEGEMENT WISE PERFORMANCE

Our Companys operations belong to a single segment and therefore no segment wise performance given.

OPPORTUNITIES AND THREATS

The Company is exploring possibilities of undertaking activity relating to trading business and commission-based activities. Under the present scenario the said segment of activities is appeared to be profitable to the Company. The Company has curtailed expenditure substantially. Due to unorganized Players, recent compliance and increased competition, it has become difficult to maintain strong position in the market.

OUTLOOK, RISKS & CONCERNS

Due to prevailing market conditions and competition, management is aware about the risk related to the business activity of your Company and has taken proper steps for identification, monitoring the risk and strengthening the governance framework to achieve key business objectives.

INTERNAL CONTROL SYSTEM AND ADEQUACY

Your Company has adequate systems of Internal Controls commensurate with its size and operations to ensure orderly and efficient conduct of business. These controls ensure safeguarding of assets, reduction and detection of fraud and error, adequacy and completeness of the accounting records and timely preparation of reliable financial information.

FINANCIAL AND OPERATIONAL PERFORMANCE

Financial and Operational performance is provided in Board of Directors Report and same can be referred in point no1of the director reports.

HUMAN RESOURCES

The Companys relations with the employees continued to be cordial.

CAUTIONARY STATEMENT

Statement made in this report describing the Companys objectives, projection, estimates and expectations may be “forward-looking statements” within the meaning of applicable laws and regulations. Actual results may differ materially from those expressed or implied. Important factors that could make a difference to the Companys operations include economic conditions affecting the Markets in which company operates; changes in the Government regulations; tax laws and other statutes and incidental factors.

RATIO SIGNIFICANT CHANGES

For and on behalf of board of directors