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| Audited Results for the Quarter and Year ended 31 st March 2011 |
(Rs in lakhs) |
Accel Transmatic Limited
Regd office : TC 17 / 27 Jagathy , Jera 20 , Trivandrum - 695014
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Consolidated |
Standalone |
| S.No |
Particulars |
Quarter Ended
( Audited ) |
Year Ended
( Audited ) |
Quarter Ended
( Audited ) |
Year Ended
( Audited ) |
| 31-Mar-11 |
31-Mar-10 |
31-Mar-11 |
31-Mar-10 |
31-Mar-11 |
31-Mar-10 |
31-Mar-11 |
31-Mar-10 |
| 1 |
Net Sales / Income from Operations |
738.20 |
576.79 |
2,512.22 |
1,855.91 |
597.56 |
452.27 |
1,922.50 |
1,415.47 |
| 2 |
Total income |
738.20 |
576.79 |
2,512.22 |
1,855.91 |
597.56 |
452.27 |
1,922.50 |
1,415.47 |
| 3 |
Expenditure |
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a) (Increase) / Decrease in stock in trade and Work In Progress |
(3.96) |
14.87 |
(3.96) |
(4.74) |
(3.96) |
14.87 |
(3.96) |
(4.74) |
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b) Cost of Services |
27.36 |
(1.20) |
75.29 |
48.59 |
20.93 |
(3.75) |
37.62 |
8.53 |
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c) Employees Cost |
230.94 |
113.31 |
1,256.85 |
1,112.79 |
169.26 |
80.69 |
977.29 |
869.58 |
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d) Depreciation |
117.63 |
83.84 |
450.58 |
286.53 |
117.63 |
83.84 |
450.58 |
286.53 |
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e) Other Expenditure |
488.05 |
225.22 |
998.44 |
746.78 |
392.18 |
189.79 |
707.44 |
565.53 |
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f) Total Expenditure |
860.03 |
436.04 |
2,777.20 |
2,189.95 |
696.04 |
365.45 |
2,168.98 |
1,725.44 |
| 4 |
Interest |
50.75 |
49.52 |
227.95 |
249.97 |
49.71 |
49.40 |
223.03 |
245.72 |
| 5 |
Exceptional Items - Profit on Sale of Undertaking |
- |
48.10 |
(60.00) |
(418.36) |
- |
40.65 |
(60.00) |
(365.05) |
| 6 |
Profit (+) / Loss (-) from Ordinary Activities
Before tax (2)-(3+4+5) |
(172.58) |
43.13 |
(432.93) |
(165.65) |
(148.18) |
(3.23) |
(409.51) |
(190.64) |
| 7 |
Tax Expense |
(5.20) |
23.56 |
0.97 |
23.56 |
(5.21) |
22.62 |
- |
22.62 |
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a. Current Tax |
0.01 |
8.25 |
0.97 |
8.25 |
- |
7.32 |
|
7.32 |
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b. Deferred Tax |
(5.21) |
- |
- |
- |
(5.21) |
- |
- |
- |
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c. Taxes of earlier Years written off |
- |
15.30 |
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15.30 |
- |
15.30 |
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5.30 |
| 8 |
Minority interest |
- |
- |
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- |
- |
- |
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- |
| 9 |
Net Profit (+) / Loss (-) from ordinary activities
after tax (6- 7-8) |
(167.38) |
19.57 |
(433.90) |
(189.20) |
(142.97) |
(25.85) |
(409.51) |
(213.26) |
| 10 |
Other Income |
11.77 |
42.09 |
44.40 |
48.03 |
11.76 |
42.10 |
44.35 |
48.10 |
| 11 |
Extraordinary Items ( Net of Tax Expense ) |
- |
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- |
- |
- |
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- |
| 12 |
Net Profit (+) / Loss (-) for the period ( 10-11) |
(155.62) |
61.66 |
(389.50) |
(141.17) |
(131.21) |
16.25 |
(365.16) |
(165.17) |
| 13 |
Paid up Equity share capital - Face Value Rs. 10 Each |
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1,103.74 |
1,103.74 |
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1,103.74 |
1,103.74 |
| 14 |
Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous AccountingYear |
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122.98 |
122.98 |
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122.98 |
122.98 |
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Basic and diluted EPS |
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a) Basic and diluted EPS before Extraordinary Items for the period, for the Year to date and for the Previous Year (not to beAnnualized) |
(1.95) |
0.93 |
(4.07) |
(5.07) |
(1.73) |
0.52 |
(3.85) |
(4.80) |
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b) Basic and diluted EPS before Extraordinary Items for the period , for the Year to date and for the Previous Year (not to beAnnualized) |
(1.41) |
0.56 |
(3.53) |
(1.28) |
(1.19) |
0.15 |
(3.31) |
(1.50) |
| 15 |
Public Shareholding |
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No.of shares |
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4,445,949 |
4,445,949 |
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4,445,949 |
4,445,949 |
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% to total capital |
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40.28% |
40.28% |
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40.28% |
40.28% |
| 16 |
Promoters and Promoter Group Shareholding |
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Pledged / Encumbered |
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Number of Shares |
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1,300,000 |
1,300,000 |
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1,300,000 |
1,300,000 |
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Percentage of Shares (as a % of the total shareholding of promoter and promoter group) |
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19.72 |
19.72 |
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19.72 |
19.72 |
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Percentage of Shares (as a % of the total share capital of the company) |
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11.78 |
11.78 |
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11.78 |
11.78 |
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Non Encumbered |
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Number of Shares |
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5,291,452 |
5,291,452 |
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5,291,452 |
5,291,452 |
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Percentage of Shares (as a % of the total shareholding of promoter and promoter group) |
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80.28 |
80.28 |
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80.28 |
80.28 |
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Percentage of Shares (as a % of the total share capital of the company) |
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|
47.94 |
47.94 |
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47.94 |
47.94 |
| SEGMENTWISE REVENUE
& RESULTS |
(Rs in lakhs) |
| Particulars |
For the Quarter Ended
31 st December |
For the Year Ended 31 st March |
| 2010 |
2009 |
2010 |
2009 |
| (a) Capital |
| (b) Reserves and Surplus |
| Loan Funds |
| Deferred Tax Liability |
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| 1145.40 |
| 253.05 |
| 2,496.22 |
| 3,894.67 |
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| 1,103.74 |
| 255.29 |
| 2,660.90 |
| 4,019.92 |
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| 1,145.40 |
| 245.20 |
| 344.92 |
| 3,860.00 |
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1,103.74 |
| 245.78 |
| 604.70 |
| 3,953.52 |
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| Investments |
| Deferred Tax Asset |
| Current assets, loans & advances |
| (a) Inventories |
| (b) Sundry Debtors |
| (c) Cash and Bank balances |
| (d) Other current assets |
| (e) Loans and Advances |
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| 0.50 |
| - |
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| 44.43 |
| 570.66 |
| 116.26 |
| 309.32 |
| 278.74 |
| 1,319.41
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| 60.50 |
| - |
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| 40.47 |
| 544.08 |
| 180.87 |
| 229.56 |
| 551.53 |
| 1,546.51
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| 64.67 |
| - |
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| 44.43 |
| 663.62 |
| 29.72 |
| 309.32 |
| 278.69 |
| 1,325.77
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| 124.67 |
| - |
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| 40.47 |
| 579.49 |
| 55.44 |
| 229.56 |
| 540.91 |
| 1,445.87 |
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| Less: Current Liabilities and provisions |
| (a) Liabilities |
| (b) Provisions |
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| Net Current Assets
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| 851.37 |
| 139.37 |
| 990.74 |
| 328.67 |
1,154.34
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| 480.86 |
| 54.16 |
| 535.02 |
| 1,011.49 |
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| 854.95 |
| 139.37 |
| 994.32 |
| 331.46 |
1,154.34
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| 435.29 |
| 54.16 |
| 489.46 |
| 956.41 |
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| Miscellaneous Expenditure (Not Written Off Or Adjusted)
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| 1. |
The results for the quarter and twelve months ended 31st March 2011 have been duly audited by the statutory auditors and taken on record at the meeting of Board of Directors held on 27th May 2011. |
| 2. |
a) Consolidated Accounts for the quarter and twelve months ended 31st March 2011, includes the results of the following subsidiary company incorporated as per AS 21 of the Companies (Accounting Standards) Rules, 2006
- M/s Accel North America Inc. -100% subsidiary;
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| 3. |
The company during the year sold its investment in Accel IT Resources Limited and the profit on such sale amounting to Rs.60 Lacs ( Previous year Rs. 234 Lacs ) is shown as Profit on sale of Investment under Exceptional Items. |
| 4. |
During the year the company issued 5,50,000 convertible warrants to an investor, and received 25% of the issue price (Rs.41.66 Lacs) as advance. These warrants are convertible into equity shares at a price of Rs.30.30 per share (including a premium of Rs.20.30 per share) on or before 31st May 2012. |
| 5. |
Information on Investor complaints (numbers)
Pending at the beginning of the quarter : NIL
Received during the quarter : 11
Resolved/replied during the quarter : 11
Unresolved at the end of the quarter since resolved : NIL |
| 6. |
Previous period/ year figures have been regrouped / recasted wherever necessary, to make them comparable with the current period/ year layout. |
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Place:Chennai
Date : May 27th, 2011 |
For & On behalf
of the Board,
CHAIRMAN. |
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