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Quarterly results – III & three months ended - 31 - 12 - 11
Quarterly results – II & three months ended - 30 - 09 - 11
Quarterly results – I & three months ended - 30 - 06 - 11
Quarterly results – IV & 12 months ended - 31 - 03 - 11
Quarterly results – III & 9 months ended - 31 - 12 - 10

Quarterly results – II & half year ended - 30 - 09 - 10

Quarterly results – I & three months ended - 30 - 06 - 10
Quarterly results – IV & 12 months ended - 31 - 03 - 10
Quarterly results – III & 9 months ended - 31 - 12 - 09
Quarterly results – II & half year ended - 30 - 09 - 09
Quarterly results – I & three months ended - 30 - 06 - 09
Quarterly results – IV & 12 months ended - 31 - 03 - 09
Quarterly results – III & 9 month ended - 31 - 12 - 08
Quarterly results – II & half year ended - 30 - 09 - 08
Quarterly results – I & three months ended - 30 - 06 - 08
Quarterly results – IV & 12 Months ended - 31 - 03 - 08
Quarterly results – III & 9 months ended - 31 - 12 -07
Quarterly results – II & half year ended - 30 - 09 -07
Quarterly results – I & three months ended - 30 - 06 - 07
Quarterly results – IV & 12 Months ended - 31 - 03 - 07
Quarterly results – III & 9 Month ended - 31 - 12 - 06
Quarterly results – II & half year ended - 30 - 09 -06
Quarterly results – I & three month ended 30 - 06 - 06
Quarterly results – IV & 12 months ended 31 - 03 - 06
Quarterly results – III & 9 month ended 31 - 12 - 05
Quarterly results – II & half year ended 30 - 09 - 05
Quarterly results – I & three month ended 30 - 06 - 05


Unaudited Results for the Quarter & Nine Months Ended September, 30 2011 (Rs in lakhs)

Accel Transmatic Limited
Regd office : TC 17 / 27 Jagathy , Jera 20 , Trivandrum - 695014
>
      Standalone
S.No Particulars Quarter Ended
( Reviewed )
Half Year Ended ( Reviewed )
( Reviewed )
Year Ended
( Audited )
Sep, 30 2011 Sep, 30 2010 Sep, 30 2011 Sep, 30 2010 Mar, 31 2011
  Net Sales / Income from Operations 285.55 451.12 802.64 780.25 1,922.50
1 Total income 285.55 451.12 802.64 780.25 1,922.50
2 Expenditure          
  a) Cost of Services 47.03 2.90 63.30 11.47 37.62
  b) Employees Cost 188.27 220.24 483.82 457.12      977.29
  c) Depreciation 90.51 112.20 190.92 220.17 450.58
  d) Other Expenditure 214.32 177.95 380.80 338.58 703.49
  e) Total Expenditure 540.13 513.29 1,118.84 1,027.34 2,168.98
3 Interest 96.79 51.91 176.00 98.85 223.028
4 Exceptional Items - Profit on Sale of Business / Investments ( Net) 908.55 60.00 908.55 60.00 60.00
5 Profit (+) / Loss (-) from Ordinary Activities Before tax (2)-(3+4)-5 557.18 (54.09) 416.35 (285.94) (409.50)
6 Tax Expense - (37.39) - (26.60) -
  a. Current Tax - - -    
  b. Deferred Tax -   (37.39)   26.60 -
7 "Net Profit (+) / Loss (-) from ordinary activities after tax ( 6 - 7 )" 557.18 (16.70) 416.35 (259.34) (409.50)
8 Other income 21.43 8.80 30.61 25.05 44.35
9 Net Profit (+) / Loss (-) for the period ( 8 - 9 ) 578.61 (7.90) 446.97 (234.29) (365.15)
10 Paid up Equity share capital - Face Value Rs. 10 Each 1,103.74 1,103.74 1,103.74 1,103.74 1,103.74
11 Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous Accounting Year 122.98 122.98 122.98 122.98 122.98
  Basic and diluted EPS - - - - -
  a) Basic and diluted EPS before Exceptional Items for the period , for the Year to date and for the Previous Year ( not to be Annualized) ) (2.99) (0.62) (4.18) (2.67) (3.85)
  b) Basic and diluted EPS after Exceptional Items for the period , for the Year to date and for the Previous Year ( not to be Annualized) 4.35         (0.07) 4.05 (2.12) (3.31)
13 Public Shareholding        
  No.of shares 4,445,949 4,445,949 4,445,949 4,445,949 4,445,949
  % to total capital 40.28% 40.28% 40.28% 40.28% 40.28%
14 Promoters and Promoter Group Shareholding (3.47) 4.35 0.58 (2.12) (3.31)
  Pledged / Encumbered          
  Number of Shares 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000
  "Percentage of Shares (as a % of the total shareholding of promoter and promoter group)"        19.72        19.72        19.72        19.72        19.72
  "Percentage of Shares (as a % of the total share capital of the company)"        11.78        11.78        11.78        11.78          11.78
  Non Encumbered  
   
  Number of Shares   1,300,000   1,300,000   1,300,000   1,300,000  1,300,000
  Percentage of Shares (as a % of the total shareholding of promoter and promoter group)        19.72        19.72        19.72        19.72          19.72
  Percentage of Shares (as a % of the total share capital of the company)        11.78        11.78        11.78        11.78          11.78
  Non Encumbered          
  Number of Shares 5,291,452 5,291,452 5,291,452 5,291,452 5,291,452
  Percentage of Shares (as a % of the total shareholding of promoter and promoter group)   80.28   80.28   80.28   80.28   80.28
  Percentage of Shares (as a % of the total share capital of the company)  47.94  47.94  47.94  47.94  47.94

Accel Transmatic Limited
Regd office : TC 17/27 Jagathy , Jera 20 Trivandrum 695 014
Statement of Assets and Liabilities

    Standalone 
S.No Particulars Sep, 30 2011 Sep, 30 2010
Reviewed Reviewed
       
  SHAREHOLDERS’ FUNDS:    
  (a) Capital # 1,145.40 1,103.74
  (b) Reserves and Surplus 244.90 245.48
  Loan Funds 1,619.54 2415.16
  Deferred Tax Liability - -
    3,009.84 3,764.38
  Fixed Assets 2,445.50 2,354.25
  Investments 0.50 64.67
  Deferred Tax Asset - 26.60
  Current assets, loans & advances    
  (a) Inventories - 40.47
  (b) Sundry Debtors 131.81586.32  
  (c) Cash & Bank balances 18.39 27.49
  (d) Other Current Assets 235.49 166.98
  (e) Loans & Advances 294.05 305.07
    679.74 1,126.39
  Less: Current Liabilities and provisions 1,103.74 1,103.74
  (a) Liabilities 502.34 516.64
  (b) Provisions 76.74 70.16
    579.08 586.80
  Net Current Assets 100.66 539.59
  Profit And Loss Account - Debit balance 463.18 779.28
  Public Shareholding    
  No.of shares 3,009.84 3,764.38
  % to total capital 40.28%  
  # Includes Rs. 41.66 Lacs, received as share application money, against convertible warrants (3.47)  
SEGMENTWISE REVENUE & RESULTS
(Rs in lakhs)
Sl.No Particulars "For the Quarter Ended September, 30" "For the Half Year Ended September, 30" For the Year Ended March, 31
    2011 2010 2011 2010 2011
1 Revenue by Industry segment      
  Software Services 271.70 324.26 729.54 610.24 1,411.32
  Animation 28.41 131.02 93.68 185.76 534.26
  Others 915.38 63.92 918.42 67.85 76.67
  Net Revenue from Operations 1,215.49 519.20 1,741.64 863.85 2,022.25
2 Segment profit before tax, interest,          
  Software Services 71.07 26.40 176.43 31.03 178.30
  Animation (194.44) (54.68) (326.10) (195.40) (300.27)
  Others 907.04 56.47 906.28 40.20 (24.75)
  TOTAL 783.67 28.19 756.61 (124.17) (146.72)
  Less : Interest ( Net ) 102.77 73.49 207.34 136.71 218.44
  Total Profit / ( Loss ) before tax 680.90 (45.30) 549.27 (260.88) (365.16)
3 Capital Employed          
  Segment Assets - Segment Liabilities          
  Software Services - 498.33 - 498.33 538.11
  Animation 2,492.52 2,474.32 2,492.52 2474.32 3,744.04
  Total 2,492.52 2,972.65 2,492.52 2,972.65 4,282.15
4 Revenue by Geography Segment          
  Inside India 921.98 77.19 929.01 95.54 176.42
  Outside India 293.51 442.00 812.63 768.31 1,845.83

Notes:
1.

The results for the second Quarter and half year ended 30th September 2011 have been duly reviewed by the statutory auditors and taken on record at the meeting of Board of Directors held on 09th November 2011.

2.

The company had entered into Business Transfer Agreement with M/s. Accel Frontline Limited dated 03.08.2011 for sale of its Software operations on a slump sale basis for a cash consideration of Rs.19.97 Crores out of which Rs 15 Crores is payable on transfer of the business and the balance on achievement of certain profits during the current year by Software operations. The company has accounted for Rs 15 Crores in the current quarter. The transaction was approved by Board of Directors in its Meeting held on August 02, 2011 and by the shareholders on September 27, 2011. The Transaction was concluded at the close of business hours on August 15, 2011.

.

The net profit of Software operations in respect of ordinary activities attributable to discontinued operations was under :


Particulars For the Quarter ended

30.09.2011

30.09.2010

Profit after Tax       (Rs. Lacs) 67.67 17.26

 

  The carrying amount of assets and liabilities pertaining to Software operations as at the date of sale here as under:

Particulars As at 15.08.2011
Total Assets 1179.16
Total Liabilities 587.71
3. Exceptional items for the half year ended September 30, 2011 consists of:

 

(a)

 

Profit on sale of Software operations

 

908.55
4. After the transfer of software operations, the company does not have any subsidiaries and accordingly, the stand alone results are only being presented.
5. Considering the carried forward losses no provision for taxation has been made..
6. Information on Investor complaints (numbers)
Pending at the beginning of the quarter                             :          Nil
Received during the quarter                                             :          2
Resolved/replied during the quarter                                  :          2
Unresolved at the end of the quarter since resolved          :           Nil
 
Place:Chennai
Date : November 9, 2011

For & On behalf of the Board,

N.R. PANICKER
CHAIRMAN.