Saumya Consultants Limited is an Indian **Public Limited Company** and a registered **Non-Banking Financial Company (NBFC)** under **Section 45-IA** of the **Reserve Bank of India Act, 1934**. Headquartered in **Kolkata, West Bengal**, the company serves as a specialized investment vehicle focused on capital appreciation through domestic financial instruments. --- ### **Core Business Model and Asset Allocation** The company operates within a **single reportable business segment**: **Investment & Finance**. Its primary economic activity involves the strategic deployment of capital into high-liquidity financial assets. * **Primary Asset Classes:** The portfolio is concentrated in **Mutual Funds** and **Equity Shares**. * **Geographical Focus:** Operations are strictly domestic, with **100%** of business activities conducted within **India**. * **Operational Scale:** The company maintains a lean operational structure, reporting **no suppliers** covered under the **MSMED Act, 2006**, reflecting its nature as a financial holding and investment entity rather than a manufacturing or service-heavy enterprise. --- ### **Strategic Leadership and Governance Roadmap (2025–2030)** The company has prioritized **leadership continuity** and **regulatory transparency** as the pillars of its long-term strategy. Recent board actions ensure a stable management environment for the next five-year cycle. * **Executive Continuity:** **Mr. Arun Kumar Agarwalla** has been re-appointed as **Managing Director** (Executive Director) for a second **five-year term**, effective from **October 1, 2025**, through **September 30, 2030**. Mr. Agarwalla is a significant stakeholder, holding **16,71,920 Equity Shares (24.21%)** of the company. * **Audit and Compliance Oversight:** To ensure rigorous adherence to the **Companies Act, 2013** and **SEBI (LODR) Regulations**, the company appointed **Mr. Anand Khandelia** as **Secretarial Auditor** for a five-year tenure (FY **2025-26** to FY **2029-30**). * **Internal Control Framework:** The company utilizes an internal audit system scaled to its investment operations. The **Internal Audit** function (managed by **M/s ALPS & Co.** for FY 2024-25) reports directly to the **Chairman of the Audit Committee** and the **Managing Director**. * **Remuneration Discipline:** Executive compensation is strictly governed; aggregate remuneration for Managing and Whole-time Directors is capped at **1% of net profits**, calculated under **Section 198 of the Companies Act**. --- ### **Financial Performance and Capital Management** The company’s financial health is closely tied to market valuations. Recent performance reflects a period of consolidation and regulatory compliance. | Metric / Item | FY 2023-24 (Current) | FY 2022-23 (Previous) | | :--- | :--- | :--- | | **Revenue Trend** | **Decreased** | — | | **Transfer to Statutory Reserve** | **Rs. 4,27,57,168.23** | **Nil** | | **Dividend Recommended** | **Nil** | — | | **Going Concern Status** | **Stable** | **Stable** | **Key Financial Observations:** * **Valuation Impact:** The decline in revenue during the most recent fiscal year was primarily driven by a **downward fluctuation in the fair value** of the investment portfolio. * **Reserve Strengthening:** Despite the revenue dip, the company demonstrated regulatory robustness by transferring over **Rs. 4.27 Crore** to the **Statutory Reserve** as mandated by the **RBI Act**. * **Dividend Policy:** The Board elected to skip dividend distribution to preserve capital and strengthen the balance sheet amidst market volatility. * **Regulatory Standing:** There are **no material orders** from regulators, courts, or tribunals that impact the company’s ability to operate as a **going concern**. --- ### **Risk Architecture and Mitigation Strategies** As an NBFC, Saumya Consultants is exposed to various market-linked and operational risks. The management employs a structured approach to monitor and mitigate these exposures. #### **Financial Risk Matrix** | Risk Category | Description | Impacted Areas | | :--- | :--- | :--- | | **Market Risk** | Volatility in fair value due to price shifts. | **Equity Prices**, **Commodity Prices**, **Trade Receivables**. | | **Credit Risk** | Counterparty default on contractual obligations. | **Loans**, **Cash & Bank Deposits**, **Trade Receivables**. | | **Liquidity Risk** | Inability to meet short/long-term obligations. | **Debt Servicing**, **Working Capital**, **Borrowing Facilities**. | | **Currency Risk** | Volatility in exchange rates. | **Foreign Currency** assets/liabilities (if any). | #### **Actuarial and Operational Risks** The company also manages long-term liabilities related to employee benefits, which are sensitive to macroeconomic shifts: * **Longevity & Salary Risk:** Increases in **life expectancy** and **future salary growth** beyond actuarial projections can inflate the present value of **defined benefit liabilities**. * **Investment & Interest Risk:** Fluctuations in market interest rates impact the funding status of employee benefit plans. * **Concentration Risk:** Management monitors the **carrying amount of financial assets** as the primary indicator of maximum credit exposure. #### **Mitigation Framework** * **Liquidity Buffers:** Maintaining **adequate reserves** and matching the **maturity profiles** of financial assets and liabilities. * **Cash Flow Oversight:** Continuous monitoring of **forecast vs. actual cash flows** to ensure operational liquidity. * **Actuarial Precision:** Use of best-estimate **mortality tables** and salary projections to fund long-term obligations. --- ### **Corporate Directory** * **Statutory Auditor:** **M/s A.K. Meharia & Associates** * **Internal Auditor (2024-25):** **M/s ALPS & Co.** * **Primary Banker:** **HDFC Bank** * **Registered Office:** **Kolkata, West Bengal** * **Regulatory Framework:** **NBFC (RBI Section 45-IA)**