MANAGEMENT  DISCUSSION AND ANALYSIS REPORT FOR THE YEAR ENDED 31ST MARCH 2015 

Industry structure and development

Indian economy is going through  a period of rapid financial liberalizations  today the  intermediation is being conducted by a wide range of financial institution through a plethora of customer friendly financial products

Over the year our company has built a strong brsence in the market through its cumulative experience string distribution network as well as sound systems and processes

Opportunities and threats

Being a trading company  our company  is expensed to specific risk that  are particular to its business and at the environment within which  it operates including interest rate volatility economic cycle and market risk 

Segment wise or product wise performance 

During the year under review company has achieved an overall turnover thought  trading activities 

Outlook

The brsence of a stable government  at the centre will be a magor catalyst in taking major decisions which would push forward the pace of reforms and thereby directly improving  the macro economic environment it is now being for recanted that in the near future the Indian economy will become the fastest growing emerging market 

The government is looking at easing investment condition in India and lousing on project clearances also 2015 is expected to see a rush of foreign directors investment FDI coming into india supported by ll inflows thanks to liberalizing the defense insurance and construction  sectors it is expected that government major structural economic liberalization defense insurance and construction sectors it is expected that government mojor structural economic liberalization policies will be reflected in 2015 union financial budget and the same expected to further boost the industry sentiments  

Risks and areas of concern

Our strength is our determination and team work weakness is the low equity base opportunities are multiples  and threats  are the vibration in the economy and government policies

In any business risk and prospects  are inseparable as a responsible management the company  principal endeavor to maximize returns the company continues to take all step necessary  to minimize its expenses through detailed studies and interaction with experts

Internal control systems and their adequacy

The company ahd carried out the internal audit in house and has ensur that recording and reporting are adequate and proper the internal control exist in the system and that sufficient measures are taken to upstate the internal control system. The system also ensures that  all transaction are appropriately authorized recorded and reported exercise for safeguarding  assets and protections against unauthorized use are undertaken form time to time the company audit committee reviewed the internal control system . all effort are being made to make the internal control systems more effective . all these measures are continuously  reviewed by the management and as and when necessary improvement are effected

Discussion on financial performance with respect to operation performance 

The financial statement have been brpared in compliance with the requirements of the companies act 2013 and generally accepted accounting principles in India further the financial performance  during the year under reference has been imbrssive in terms of sales there has been a decent increase in the turnover and the volume of profits   

Material  development in human resources / industrial relation front including number of people employed

The company had sufficient numbers of employee at it administrative office the company recognized the importance of human value and ensures that proper encouragement  both moral and financial is extended to employee to motivate  them the company enjoyed excellent relationship with workers and staff during the last year 

Cautionary statement

The statement in the management discussion and analysis report section scribes the company  objectives projections estimated expectation and brdiction which may be forward looking statement within the meaning of the applicable and climate government policies and other incidental factors