DJ Mediaprint & Logistics Ltd

I would like to express my gratitude to every shareholder who has been with us in our journey together. Your company has successfully completed ONE YEAR of listing on the SME platform of Bombay Stock Exchange. It gives me immense pleasure and pride to share with you the performance of your company in the financial year 2020-21.

During the financial year 2020-21, the Company evolved to be sustainability stronger despite being the world being hit by a global pandemic. In the financial year 2020-21, the Company reported revenues of Rs 2466.12 Lakhs, EBITDA stood at

Rs 314.49 Lakhs, and Net profit after tax was reported at Rs 126.44 Lakhs The resilient financial performance even in a subdued economic environment is a reflection of the trust and faith we enjoy from our customers and vendors; and our business model.

In the current scenario, logistics sector in India plays a crucial role in terms of support to the national economy. Strong growth in the sector is supported by government reforms, transportation sector development plans, growing retail sales and ecommerce. With implementation of Goods and Services Tax (GST), India has now become one big single market which was otherwise divided by different state level regulations. This has helped companies reduce logistics cost through redesigning of supply chain, increase scale of operations, achieve greater economies of scale.

Indian government has also presented a draft of the National Logistics Policy with the objective of creating a national logistics e-marketplace for exporters and importers, thereby reducing the cost of logistics and increasing employment opportunities in the sector. A Multimodal Logistics Park Policy is also being formulated to promote movement of goods for domestic as well as global trade.

Logistics has now become an integral part of the value chain operations. With digital innovations and better offerings, the sector's growth can be further augmented by initiatives from the government such as rationalization of taxes for warehousing, push for digitization and focus on creating a skilled workforce for logistics and supply chain. Furthermore, the reduction in corporate taxes will also support the businesses during the overall economic slowdown.

We, at DJML, continue to cater to the evolving Logistics needs through our customer oriented and agile business model that offers integrated, value-added services and leverage technology for efficiency gains.

The future is more challenging than ever before. Your Company has put in place measures to mitigate the challenging situation by ensuring business continuity, resource optimization, improving cost efficiencies, enhancing service quality and investing in technology enabled solutions to drive business growth and provide a seamless experience for all stakeholders (customers and employees). In pursuit of becoming future ready, we are building an agile and nimble organization that can withstand economic headwinds and maintain sustainable profitability on the basis of a strong foundation. Accordingly, your company undertook a right sizing exercise to provide long term value creation for stakeholders. Your Company added a new branch office in Goa, added a new Record Management Centre in Bhiwandi in order to meet up its growing business needs.

Your Company, enacted procedures to protect its employees, customers and communities, as their safety is paramount. DJML utilized remote-work capabilities to stay connected and ensured to keep the trade engine running. It was a proud moment to work with the Indian

Government and private healthcare companies, supporting the company's mission to ensure ‘continuity of the essential supply chain' for the nation in its _ght against the COVID-19 pandemic. DJML has been certified to global ISO 9001-2015, ISO 27001 and CMMI level 3 standards. Your company endeavors not only to comply with statutory requirements but also follow the principles of good and effective Corporate Governance that lay down a strong emphasis on integrity, transparency and overall corporate accountability I would like to take this opportunity to reiterate that your Company stands united with the nation during this challenging phase of COVID-19. Your Company played an active role in the nation's _ght against the COVID-19 Pandemic by transporting essential supplies in coordination with the with the Indian Government and private healthcare companies.

The pandemic is leading to paradigm shifts in the business landscape in India and across the world. It is also creating new opportunities for digitally enable customer centric organizations. We have always focused on our customers and we are reafirming our commitment to transformation through innovation and entrepreneurship as we embrace change. In spite of the challenges, the prospects for the logistics sector seem bright. According to a recently published report, Post COVID-19, the global logistics market size is projected to grow from USD 2,734 billion in 2020 to USD 3,215 billion by 2021, at a Y-0-Y of 17.6%.

In India too, developments such as the proposed roll-out of the National Logistics Policy (NLP), a single window a-logistics market leading to the integrated development of Indian logistics will help reduce logistics cost for end users and offer exponential opportunities for growth to organized logistics players. We continue to expand our warehousing footprint. With the rising demand for e-commerce, we see potential in the logistics parks business and would continue to monetize our assets. In the current crisis times, logistics can emerge as the backbone of the economy thus strengthening other sectors of the economy. The importance of logistics sector in the economic development of India has never been more compelling. A strong logistics sector can go a long way in economic revival and boosting India's quest for being a manufacturing leader. In FY 2022, we expect to see substantial changes and progress across key growth drivers of the logistics in India. We believe that technology adoption is likely to accelerate and create new opportunities in the transportation, warehousing and Logistics segments. Looking at the big picture, logistics industry has come a long way and is expected to keep a significant upturn in the performance. DJML is confident about its growth strategy, staying firmly focused on our unique value proposition, consolidating partnership arrangement with vendors and growing our client base to deliver robust growth and create long-term value for all stakeholders.

I am proud of our team, which stood strong against all adversities and remained committed to protecting shareholder value and delivered another year of stellar business performance.

On behalf of the entire DJ Team, I express my sincere thanks to all our stakeholders for their wholehearted support in our journey to achieving business excellence. I am confident that with the strength of our core capabilities and a dynamic team of professionals, your company is well-positioned for a great journey ahead.