Investors
 
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 December, 31 2011 (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 )
Nine Months Ended
( Reviewed )
Year Ended
( Audited )
31-Dec-11 30-Sep-11 31-Dec-10 31-Dec-11 31-Dec-10 31-Mar-11
  Net Sales / Income from Operations 35.61 285.55 544.69 838.25 1,324.94 1,922.50
1 Total income 35.61 285.55 544.69 838.25 1,324.94 1,922.50
2 Expenditure            
  a) Cost of Services 23.71 83.56 14.73 149.23 38.14 75.49
  b) Employees Cost 50.72 188.27 196.31 534.54 653.42         977.29
  c) Depreciation 110.98 90.51 112.79 301.89 332.95 450.58
  d) Other Expenditure 169.25 177.78 121.78 487.82 448.43 665.62
  e) Total Expenditure 354.66 540.12 445.61 1,473.48 1,472.94 2,168.98
3 Profit from Operations before Other Income, Interest & Exceptional Items (1)-(2) (319.05) (254.57) 99.08 (635.23) (148.00) (246.48)
4 Other income 5.25 21.43 7.53 35.86 32.58 44.35
5 Profit before Interest & Exceptional Items (3)+(4) (313.80) (233.14) 106.61 (599.37) (115.42) (202.13)
6 Interest 69.15 96.79 74.47 245.15 173.32 223.03
7 Profit after Interest but before Exceptional Items (5)-(6) (382.95) (329.93) 32.14 (844.52) (288.74) (425.16)
8 Exceptional Items - Profit on Sale of Business / Investments ( Net) -   908.55 - 908.55 60.00 60.00
9 Profit (+) / Loss (-) from Ordinary Activities Before tax (6-7) (382.95) 578.62 32.14 64.03 (228.74) (365.16)
10 Tax Expense - - 31.80 - 5.21 -
  a. Current Tax - - - - - -
  b.Deferred Tax - - 31.80 - 5.21 -
11 Net Profit (+) / Loss (-) from ordinary activities after tax ( 9 - 10 ) (382.95) 578.62 0.34 64.03 (233.95) (365.16)
12 Extraordinary Items - - - - - -
13 Net Profit for the period (11)+(12) (382.95) 578.62 0.34 64.03 (233.95)       (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 1,103.74
15 Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous Accounting Year         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) (3.34) (2.99) 0.003 (7.37) (2.66) (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) (3.34) 4.35 0.003 0.56 (2.12) (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) (3.47) 4.35 0.003 0.58 (2.12) (3.31)
17 Public Shareholding            
  Number of Shares 4,445,949 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%        40.28%
18 Promoters and Promoter Group Shareholding        11.78        11.78          11.78        11.78        11.78          11.78
  Pledged / Encumbered  
     
  Number of Shares   1,300,000   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          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          11.78 47.94
  Non Encumbered            
  Number of Shares 5,291,452 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   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  47.94

SEGMENTWISE REVENUE & RESULTS
(Rs in lakhs)
Sl.No Particulars "Quarter Ended 31, December" "Quarter Ended 30, September" Corresponding Quarter Ended 30, December "For the Nine Months Ended 31, December" For the Year Ended 31, March
    2011 2011 2010 2011 2010 2011
1 Revenue by Industry segment          
  Software Services - 271.70 398.61 729.54 1008.85 1,411.32
  Animation 37.77 28.41 148.04 131.45 333.80 534.26
  Others 3.07 915.38 4.92 921.49 72.77 76.67
  Net Revenue from Operations 40.84 1,215.49 551.57 1,782.48 1,415.42 2,022.25
2 Segment profit before tax, interest,            
  Software Services - 70.86 98.90 176.33 129.93 178.30
  Animation (281.40) (244.64) 40.81 (683.18) (154.59) (300.27)
  Others (32.39) 849.19 (2.66) 816.03 37.53 (24.75)
  TOTAL (313.79) 675.41 137.05 309.18 12.87 (146.72)
  Less : Interest ( Net ) 69.15 96.79 104.90 245.15 241.61 218.44
  Total Profit / ( Loss ) before tax (382.94) 578.62 32.15 64.03 (228.74) (365.16)
3 Capital Employed            
  Segment Assets - Segment Liabilities            
  Software Services - - 498.33 - 498.33 538.11
  Animation 2,343.26 2,492.52 2,323.77 2,343.26 2,323.77 2,118.52
  Total 2,343.26 2,492.52 2,822.10 2,343.26 2,822.10 2,656.64

Notes:
1.

The results for the third Quarter and nine months ended December 31, 2011 have been duly reviewed by the statutory auditors and taken on record at the meeting of Board of Directors held on 10th February 2012.

2.

The company entered into a Business Transfer Agreement with M/s. Accel Frontline Limited on 03.08.2011 for the sale of its Software operations on a slump sale basis for a cash consideration of Rs.19.97 Crores. Exceptional item for the period ended December 31, 2011 amounting to Rs.908.55 lakhs represents profit on sale of software operations. The net profit relating to the discontinued Software operations till the date of transfer was Rs.165.88 lakhs (Rs.108.21 lakhs for the nine months ended December 31, 2010). Subsequent to this transfer, the business focus is to become a full fledged media and entertainment related company.

3.

The company has taken various steps to reduce cost of operation and improve efficiency to generate cash profits from the next financial year. The company is in discussions to conclude new service contracts to generate cash flows. One such contract has already been concluded during the current quarter to deliver three short films in the next one year.

4. During the quarter, the company delivered 13 episodes of 2D flash animated series “Shaktimaan” and the TV broadast of the series commenced in January 2012. The company owns 40% of the intellectual property which is expected to yield revenues by way of International sales of licence, DVD, Merchandising, etc over the next several years. The cost of production carried in the books at an intangible fixed asset is amortized over the estimated revenue earning potential life of the asset as per the estimation of the management.
5. During the quarter, the company completed and delivered another intellectual property “Raju The Rickshaw” consisting of 78 episodes of 7 minutes each to its distributors. The asset is expected to be distributed internationally starting from the next quarter is also expected to yield revenues by way of International sales of licence, DVD, Merchandising, etc over the next several years.
6. On transfer of software operations of the company, as stated in (2) above, the company does not have any subsidiaries as on 31.12.2011 and accordingly, the stand alone results is only being published.
7. No provision for taxes has been made in the accounts since in the opinion of the management; there will not be any taxable income as at the year end.
8. Information on Investor complaints (numbers)
Pending at the beginning of the quarter                             :          Nil
Received during the quarter                                             :           3
Resolved/replied during the quarter                                  :           3
Unresolved at the end of the quarter since resolved          :           Nil
 
Place:Chennai
Date : February 10, 2012

For & On behalf of the Board,

N.R. PANICKER
CHAIRMAN.