Pan Electronics (India) Ltd Management Discussions

Pursuant to Regulation 34(3) and Para B of Schedule V ofSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the amendments thereof, details of the Management discussion and analysis are given below:

Industry Structure & Development

In a world of technological innovation, the electronic components industry is vital. In order to manufacture a readily available supply of electronic products that consumers now expect, it is important that the industry continues to grow and be supported by effective supply chains.

Thankfully, despite fears about shortages in the industry, the global market is predicted to grow and reach values reach values of high millions by the end of the forecast period 2024.

Passive components, active components and PCBs are all in high demand in various industries, including medical electronics, industrial robotics and portable electronics. Weve taken a closer look at some of the trends that are driving the growth of the electronic components industry.

Whats driving it?

Explosion of new products and markets

New product development is more innovative than ever, from smartphones to fitness devices to virtual assistants. With so many new, interconnected devices being designed and released on a regular basis, there has been a huge spike in consumer demand.

The potential issue with this is that component suppliers simply will not be able to meet such huge demand. Manufacturers must learn to adapt to periods of shortages and create flexible long-term plans.

Internet of Things

The Internet of Things (loT) has seen an explosion in the past few years. All of the devices mentioned above - smartphones, fitness watches and even smart meters - require constant connection and communication between them. This technology requires a variety of intricate electronic components at its heart.

Continued demand for industry solutions

Many important industries are developing and looking for new technological solutions, particularly healthcare and aerospace. These areas require active, passive and PCB components for all manner of things, from navigation systems in aircrafts to healthcare tracking technologies.

As we discussed in a previous article, electric vehicles are set to soon be as affordable as their counterparts and many manufacturers are keen to move to the forefront of this industry. This will place an increased demand on suppliers.

Related article: The Increasing Popularity of Electric Vehicle Components Overall, the electronic components industry is continuing to grow but it may face issues with supply chain pressure and shortages in the face of demand.

As an independent electronic component distributor, we can source the components you need from around the world, and at the best prices.

Opportunities and Challenges, Risks and Concerns

Technology changes extremely fast. This creates challenges for those responsible for the creation of electronic devices. In order to remain successful in todays market, electronics companies need to be both flexible and quick. They must also be able to overcome existing and future challenges in the electronics market.

The electronics industry remains one of the most competitive markets in the world. Global competition combined with emerging innovations and technology continue to drive prices down, reducing operating margins significantly. In order to remain profitable, companies must continuously improve processes and become more cost-efficient.

Companies often source components from several different sources. In fact, its not uncommon for components to visit multiple countries before reaching their final destination. This creates challenges for electronics manufacturers that must prove compliance with national standards. As technology changes so do consumer preferences. In order to keep up, electronics manufacturers need to have effective New Product Introduction (NPI) processes in place.

Consumer demand fluctuates all the time. Economic downturn can cause reduced sales and decreased demand for new products. Alternatively, consumer preference can cause spikes in demand, making it difficult for electronics manufacturers to keep up. Its crucial that electronics manufacturers have efficient lean capacities in place to keep inventory aligned with consumer demand.

Electronics companies today must consider multiple factors when designing new products. As consumers and government agencies focus more on product disposal and its impact on the environment, companies need to consider complete product lifecycles.

Product-wise performance

During the year under review, the Company generated revenue through selling capacitors and MMP films. Outlook

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electronic Components market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Electronic Components market in terms of revenue.

Electronic Components Market 2022 delivers a comprehensive overview of the crucial elements of the industry and elements such as drivers, restraints, current trends of the past and present times, supervisory scenarios, and technological growth.

The management has initiated steps to revive the company with various other business opportunities with positive economic outlook and improvement in industrial growth in forthcoming years.

Internal Control Systems

Internal control systems continued to function as effectively as in the past. Top management and the Board of Directors and the Committees thereof continue to be actively involved in ensuring that all controls work as intended.

Human Resource Development

There have been no material developments in the Human Resource.