Investors
 
Quarterly results – IV & 12 months ended - 31 - 03 - 12
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


Audited Results for the Quarter & Year Ended March, 31 2012 (Rs in lakhs)

Accel Transmatic Limited
Regd office : TC 17 / 27 Jagathy , Jera 20 , Trivandrum - 695014

      Standalone
S.No Particulars Quarter Ended
( Reviewed )
"Corresponding Previous Year Quarter Ended ( Reviewed )"
( Audited )
Year Ended
( Audited )
 
31-Mar-12 31-Dec-12 31-Mar-11 31-Mar-12 31-Mar-11  
  Net Sales / Income from Operations 19.74 35.61 597.56 857.99 1,922.50  
1 Total income 19.74 35.61 597.56 857.99 1,922.50  
2 Expenditure            
  a) Cost of Services 23.24 23.71 33.40 172.47 75.49  
  b) Employees Cost 52.47 50.72 169.26 587.00 977.29  
  c) Depreciation 217.82 110.98 117.63 519.71 450.58  
  d) Other Expenditure 269.24 169.25 375.76 757.06 665.62  
  e) Total Expenditure 562.77 354.66 696.05 2,036.24 2,168.98  
3 Profit from Operations before Other Income, Interest & Exceptional Items (1)-(2) (543.03) (319.05) (98.49) (1,178.25) (246.48)  
4 Other income 74.80 5.25 11.76 110.66 44.35  
5 Profit before Interest & Exceptional Items (3)+(4) (468.23) (313.80) (86.73) (1,067.59) (202.13)  
6 Interest 63.91 69.15 49.71 309.06 223.03  
7 Profit after Interest but before Exceptional Items (5)-(6) (532.14) (382.95) (136.44) (1,376.65) (425.16)  
8 Exceptional Items - Profit on Sale of Business / Investments ( Net) 497.00 - - 1,405.55 60.00  
9 Profit (+) / Loss (-) from Ordinary Activities Before tax (6-7) (35.14) (382.95) (136.44) 28.90 (365.16)  
10 Tax Expense - - (5.21) - -  
  a. Current Tax - - - - -  
  b.Deferred Tax - - (5.21) - -  
11 Net Profit (+) / Loss (-) from ordinary activities after tax ( 9 - 10 ) (35.14) (382.95) (131.23) 28.90 (365.16)  
12 Extraordinary Items - - - - -  
13 Net Profit for the period (11)+(12) (35.14) (382.95) (131.23) 28.90 (365.16)  
14 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  
15 Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous Accounting Year       122.98 122.98  
  a) Diluted EPS before Exceptional Items for the period , for the Year to date and for the Previous Year ( not to be Annualized) (4.82) (2.99) (1.73) (12.02) (3.85)  
  b) Diluted EPS after Exceptional Items for the period , for the Year to date and for the Previous Year ( not to be Annualized) (0.32) 4.35 (1.19) 0.26 (3.31)  
  c) Basic EPS after Exceptional Items for the period , for the Year to date and for the Previous Year ( not to be Annualized) (4.82) 4.35 (1.19) 0.26 (3.31)  
17 Public Shareholding            
  Number of Shares 4,578,751 4,578,751 4,578,751 4,578,751 4,578,751  
  % to total capital        41.51%        40.28%         40.28%        41.51%        40.28%  
18 Promoters and Promoter Group Shareholding            
  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)        20.14        19.72          19.72        20.14       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 5,155,986 5,155,986 5,155,986 5,155,986 5,155,986  
  "Percentage of Shares (as a % of the total shareholding of promoter and promoter group)" 79.86 80.28 80.28 79.86 80.28  
  Percentage of Shares (as a % of the total share capital of the company) 46.71 47.94 47.94 46.71 47.94  


Statement of Assets and Liabilities
(Rs in lakhs)
    Standalone
Sl.No Particulars 31-Mar-12 31-Mar-11
1 Shareholders’ funds Audited Audited
  (a) Share capital 1,103.74 1,103.74
  (b) Reserves and surplus (636.65) (664.95)
  (c) Money received against share warrants 41.66 41.66
  Sub-total - Shareholders' funds 508.75 480.45
2 Share application money pending allotment - -
3 Minority interest * - -
4 Non-current liabilities 1,338.25 (24.75)
  (a) Long-term borrowings 1,296.54 2,194.00
  (b) Deferred tax liabilities (net) - -
  (c) Other long-term liabilities - -
  (d) Long-term provisions 11.72 136.34
  Sub-total - Non-current liabilities 1,308.26 2,330.34
5 Current liabilities - -
  (a) Short-term borrowings    
  (b) Trade payables    
  (c) Other current liabilities    
  (d) Short-term provisions    
  Sub-total - Current liabilities 827.86 1,133.38
  TOTAL - EQUITY AND LIABILITIES 2,644.87 3,944.17
  B ASSETS    
1 Non-current assets    
  (a) Fixed assets 2,046.03 2,553.73
  (b) Goodwill on consolidation * - -
  (c) Non-current investments 0.50 64.67
  (d) Deferred tax assets (net) - -
  (e) Long-term loans and advances 50.26 218.07
  (f) Other non-current assets - -
  Sub-total - Non-current assets 2,096.79 2,836.47
2 Current assets    
  (a) Current investments - -
  (b) Inventories - 44.43
  (c) Trade receivables 432.10 669.31
  (d) Cash and cash equivalents 45.38 29.72
  (e) Short-term loans and advances 62.89 54.92
  (f) Other current assets 7.71 309.32
  Sub-total - Current assets 548.08 1,107.70
  TOTAL - ASSETS 2,644.87 3,944.17

Segmentwise Revenue & Results
      Standalone
S.No Particulars "Quarter Ended March" "Quarter Ended December" For the Year Ended 31, March  
2012 2011 2011 2012 2011  
1 Revenue by Industry segment            
  Software Services - 271.70 402.48 729.54 1,411.32  
  Animation 40.43 28.41 200.46 171.88 534.26  
  Others 549.25 915.38 3.91 1,472.78 81.27  
  Net Revenue from Operations 589.68 1,215.49 606.85 2,374.20 2,026.85  
2 Segment profit before tax, interest            
  Software Services - 70.86 48.37 176.33 178.30  
  Animation (493.44) (244.64) (143.56) (1,176.62) (295.67)  
  Others 522.22 849.19 5.14 1,338.25 (24.75)  
  Total 28.77 675.41 (90.05) 337.96 (142.12)  
  Less : Interest ( Net ) 63.91 96.79 45.12 309.06 223.04  
  Total Profit / ( Loss ) before tax (35.14) 578.62 (135.17) 28.90 (365.16)  
3 Capital Employed (532.14) (382.95) (136.44) (1,376.65) (425.16)  
  Segment Assets - Segment Liabilities 497.00 - - 1,405.55 60.00  
  Software Services - - 498.33 - 498.33  
  Animation 2,244.69 2,681.71 2,323.77 2,244.69 2,323.77  
  Total 2,244.69 2,681.71 2,822.10 2,244.69 2,822.10  

Notes:
1.

The results for the fourth Quarter and year ended March 31, 2012 have been duly Audited by the statutory auditors and taken on record at the meeting of Board of Directors held on 29th May 2012.

 
2.

The figures of the quarter ended 31.03.2012 are the balancing figures between the audited figures in respect of the full financial year and the reviewed figures upto the third quarter (as recast and re-grouped).

 
3.

The Shaktimaan TV series consisting of 13 episodes of 23 minutes each in 2D flash animation commenced its telecast in India in January 2012. This was co produced in association with Big Animation. The company owns 40% of the asset which is expected to yield revenues by way of global sales of licenses. The cost of production is carried in the books as an intangible fixed asset and is depreciated / amortized over the estimated useful life as estimated by the management.

 
4.

The company completed and delivered to its distributors in France, its second intellectual property “Raju The Rickshaw” consisting of 78 episodes of 7 minutes each.

5. The Company has taken various steps for cost reduction including change in premises.
 
6. The company had entered into a Business Transfer Agreement with M/s Accel Frontline Limited for the sale of its Software operations on a slump sale basis for a cash consideration of Rs.19.97 Crores w.e.f 15th August 2011. The transaction was approved by Board of Directors in its Meeting held on August 02, 2011 and also by the shareholders by way of a postal ballot on September 27, 2011.
  A)Exceptional items for the period year ended March 31, 2012 amounting to Rs. 1405.55 lacs represents profit on sale of Software Operations as mentioned above.
  B)Exceptional items for the period year ended March 31, 2012 amounting to Rs. 1405.55 lacs represents profit on sale of Software Operations as mentioned above.

Particulars For the Period ended 15.08.2011 For the Year Ended 31.03.2011

Profit after Tax (Rs. Lacs)

165.88 148.79
 
  C)The carrying amount of Assets and Liabilities pertaining to Software operations as on the date of sale, i.e; 15.08.2011 was Rs. 1179.16 lacs and Rs. 587.71 lacs respectively.
 
7 On transfer of software operations of the company, as stated in (5) above, the company does not have any subsidiaries as on 31.03.2012, and accordingly, the stand alone results is only being published.
 
8 The figures of the current year is not comparable as such with the previous year on account of the transfer of the software operations as above.
 
9 No provision for taxes has been made in the accounts on account of the brought forward losses.
 
10 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 : May 29, 2012

For & On behalf of the Board,

N.R. PANICKER
CHAIRMAN.