Sumeru Industries Ltd Management Discussions

Your Directors have pleasure in presenting the Management Discussion

and Analysis Report for the year ended on 31st March, 2024

A) Industry structure and development:

Sumeru Industries Limited is engaged in the business of providing consultancy services. Gradually, Company is getting orders and looking for positive future in the business.

B) Opportunities & Threats:

The Company is in continuous process of identifying new business opportunities. After the Covid period, market is in recovering phase and meantime, Company has earned Income from provision of

Consultancy Services.

V

The Company has ventured into the business of construction and development in partnership with AALPS Infraspace LLP. However, the project initiated by LLP stopped and Company has received significant amount of money injected in the LLP.

The management has assessed the potential impact of COVID-19 on the Company and the management is of the view that the impact of the COVID-19 on the operations of the company and the carrying value of its assets and liabilities is not likely to be material.

C) Segment wise Performance:

During the current year, the Company is working in only one segment i.e. Management Consultancy, and hence segment reporting is not applicable.

D) Internal Control & their adequacy:

Considering the size of the Company, your Company has adequate system of Internal Control to provide reasonable assurance that assets are safeguarded and protected from unauthorized use or deposition.

Performance:

The overall financial performance during the year 2023-2024 has been satisfactory. Company is providing management consultancy services and the Company looks positive scope in this business.

Relations front, including number of people employed. of

As on 31st March, 2024, the Company had 4 employees including

., Company Secretary, Chief Financial Officer and Managing Director, where Managing Director doesnt draw any salary from the

Company. The industrial relations remain cordial.

SEBI (LODR) (Amendment) Regulations, 2018

There is no significant change (i.e., change of 25% or more as compared to the immediately previous financial year) in the key financial ratios, e.g. Debtors Turnover, Inventory Turnover, Interest Coverage Ratio, Current Ratio, Debt Equity Ratio, Operating Profit Margin, Net Profit Margin or any sector specific equivalent ratio. Hence, no detailed explanation is required.

H) Disclosure of any change in Return on Net worth

There is no change in return on Net worth compared to the immediately preceding financial year hence no detail disclosure is required.

Head Office : Varanasi Branch : Ahmedabad

Email : gabhawalamb@gmail.com Phones : 9369445033 / 9426473999