Sujala Trading & Holdings Ltd Management Discussions

Industry Structure and Developments:

The Company is primarily engaged in the business of investing in shares and securities and lending. The financial market during the year witnesses a modest global recovery with strong growth in the developing countries. The growth stimulus and measures undertaken by the Indian Government at the Centre has led to the growth in our economy. With significant growth in the manufacturing sector, the trend is on upward side. With the revival in the Indian economy, the financial markets seems to poised up in the near future.

Opportunities and Threats:

The Companys business being in the small sized NBFC Sector, the business opportunities are very limited and the threats are also moderate.

Segment-wise performance:

During the financial year under review, your Company is engaged in the business of investing in shares & securities and lending only as compared to previous financial year.

The quantum of Revenue of the Company during this financial year only comprised of sale of Shares and interest received on Loans so advanced.

Outlook:

Your Company is able to sustain the growth to its business operation. In the present scenario, the Management considers it prudent to concentrate on its current business and shuffle its Investment Portfolio as and when necessary to derive maximum benefit and look for new opportunities in financial sector.

Risk and Concerns:

In view of the inherent risk involved in the Investment business, it is the Managements intention to minimize the risk factor by constantly reviewing market trend and economic conditions.

Internal Control Systems and Their Adequacy:

The Company maintains an efficient internal control system and the management is constantly reviewing for achieving improved operational efficiency.

Highlights of financial performance with respect to operational performance:

During the Financial year under review, your company achieved total income ofRs234.69 Lacs as compared to Rs314.23 Lacs in the previous year.

Net profit (after tax) for the year is Rs 10.93Lacs as compared to net profit of Rs 12.43 Lacs in the previous year. Your directors are optimistic and committed to improve the financial performance of the Company in the coming years.

Human Resources and Industrial Relations:

The Company believes that to achieve sustainable growth and continual success, a dedicated and devoted workforce is indispensable. The Management is fully committed to enhance the capabilities of employees as a whole.

Cautionary Statement:

Statements in the Management Discussion and Analysis Report describing the Companys predictions and assumptions may be ‘forward-looking within the meaning of applicable laws and regulations. The actual performance may differ from that

Expressed or implied. The Company assumes no responsibility to publicly amend or revise any forward-looking statements based on some subsequent information or events.