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Capital Trade Links Ltd.

BSE: 538476 Sector: Financials
NSE: N.A. ISIN Code: INE172D01021
BSE 13:35 | 01 Apr 3.24 -0.01
(-0.31%)
OPEN

2.99

HIGH

3.24

LOW

2.99

NSE 05:30 | 01 Jan Capital Trade Links Ltd
OPEN 2.99
PREVIOUS CLOSE 3.25
VOLUME 1508
52-Week high 5.00
52-Week low 2.62
P/E 14.73
Mkt Cap.(Rs cr) 17
Buy Price 2.99
Buy Qty 805.00
Sell Price 3.24
Sell Qty 100.00
OPEN 2.99
CLOSE 3.25
VOLUME 1508
52-Week high 5.00
52-Week low 2.62
P/E 14.73
Mkt Cap.(Rs cr) 17
Buy Price 2.99
Buy Qty 805.00
Sell Price 3.24
Sell Qty 100.00

Capital Trade Links Ltd. (CAPITALTRADELK) - Chairman Speech

Company chairman speech

Dear Members and Stakeholders

It gives me great pleasure to extend a very warm welcome to each and everyone of you tothe 34th Annual General Meeting of your company. It is my privilege to present to you the34th Annual report of your company. It gives me great pleasure to share that year FY2018-19 has been remarkable year for our company. The company portfolio comprises businessloans loans against property and fullls working capital requirement among others of itsindividual partnership rms entrepreneurs body corporate/business clients and otherlegal entities. During the Previous Year 2017-18 the loans were given for purchase ofE-Rickshaw Personal Loans Business Loan SME Loan Two-Wheeler Loan Loan againstProperty. During the Financial Year 2018-19 E-rickshaw financing has become a majorcontributor to the revenue of the Company. Our performance during the year was quiteencouraging. Some of the major milestones achieved are:

Revenue from our lending operations increased from 383.76 lakhs in FY 2017-18 to 427.85lakhs in FY 2018-19

PBT increased by 58.82 lakhs from 175.37 lakhs in FY 2017-18 to 234.19 lakhs in FY2018-19

The government has done lot of structural reforms during last two years which had lotof impact on the way businesses were done especially in the SME Sector. DemonestisationGST implementation and formalisation of the economy has far reaching impact on oureconomy. This has created both unforeseen challenges and opportunities for the NBFCs. NBFCs are gaining market share both in retail and corporate lending. FY 2018-19 was good yearfor NBFCs. The stress on the banking sector due to higher NPAs continues to hinder lendingat the PSUs Banks. This has created new opportunities for the NBFCs to grow. On the ipside NBFCs faced challenges in terms of borrowing from banks with increased caution inthe sector and their limited ability to fund additional loans. Overall business scenarioremained encouraging for the industry.

The banking sector is facing serious problems of bad assets and high NPAs. We areacutely aware of the risks in the system and we are building our lending book with afocused approach of reducing our risks and serving our customers by reducing ourturnaround times. We look for early warning signals that help us initiate appropriateactions. As a company Capital Trade Links Limited shall continue its endeavour to keepits credit costs low by choosing customers selectively close monitoring of customersfinancials and high standards in underwriting.

We are continuously adding talent to our company. Human resource is the most criticalpart of any organization and especially for a small company like ours. It is important tohave a motivated team whose goals are aligned towards the long term success of thecompany. We have taken a lot of HR initiatives to provide encouraging environment forindividuals to learn and grow. A formal HR department has been built and we are workingtowards achieving these goals by implementing a human resources management solution.

I would like to thank our employees for their relentless efforts in growth of thecompany. I also express my gratitude towards our shareholders and lenders who have shownfaith in Capital Trade Links Limited and supported us in this journey.

Sincerely

Sd/-

Vinay Kumar Chawla

(Whole Time Director)