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Accelya Kale Solutions Ltd.

BSE: 532268 Sector: IT
NSE: ACCELYA ISIN Code: INE793A01012
BSE LIVE 14:51 | 27 Feb 1517.25 4.60
(0.30%)
OPEN

1512.00

HIGH

1522.70

LOW

1500.00

NSE LIVE 14:42 | 27 Feb 1511.00 3.15
(0.21%)
OPEN

1539.00

HIGH

1539.00

LOW

1501.30

OPEN 1512.00
PREVIOUS CLOSE 1512.65
VOLUME 188
52-Week high 1864.00
52-Week low 855.25
P/E 25.45
Mkt Cap.(Rs cr) 2265.25
Buy Price 1507.85
Buy Qty 10.00
Sell Price 1517.35
Sell Qty 1.00
OPEN 1512.00
CLOSE 1512.65
VOLUME 188
52-Week high 1864.00
52-Week low 855.25
P/E 25.45
Mkt Cap.(Rs cr) 2265.25
Buy Price 1507.85
Buy Qty 10.00
Sell Price 1517.35
Sell Qty 1.00

Accelya Kale Solutions Ltd. (ACCELYA) - Chairman Speech

Company chairman speech

Dear Shareholders

This was my first year as Managing Director of Accelya Kale and it has been a pleasureleading such a motivated organization. I am happy to share with you that we have seengrowth in our revenues and earnings.

Total revenues for FY 2016 stood at Rs. 3499.31 million and net profit after tax wasat Rs. 830.23 million. This is a 13.42% growth in revenues and 23.18% growth in PAT ascompared to FY 2015. The Company added new business from global airlines like LATAMAirlines Group Brussels Airlines as well as renewed its relationship with InternationalAir Transport Association (IATA).

Accelya Kale continued the practice of rewarding its shareholders with dividends. Thisyear the total dividend is Rs. 45 per share including Rs. 30 per share recommended asfinal dividend.

Last year all REVERA customers successfully migrated to the REVERA Next platform. Thisyear to further strengthen our engagement and relationship with REVERA customers welaunched the REVERA online community. We have a vibrant REVERA User Group and REVERA SPGBoard who have been contributing to the growth of our platform. Their active involvementin the online community has provided us with valuable inputs in defining the REVERAstrategy and roadmap.

We have focused on the Low Cost Carriers (LCC) market which we see as a growingopportunity. We now have eight LCC airlines as customers for REVERA. As more LCC airlinesmove to hybrid models REVERA will be the platform of choice as it caters to both - thesimplicity of an LCC airline as well as the complexity of interline agreements for hybridcarriers.

In our quest to add value to our customers we have been investing in Analytics andConsulting solutions. We identify opportunities within an airline s existing processes todeliver a positive impact on their revenue and profitability. Customers are seeing valuein our consultative analytics approach.

I am also delighted to share that for second year in a row Accelya featured in theIAOP Global Outsourcing 100 List.

Mr. Philippe Lesueur will be stepping down as the Chairman and Director of the AccelyaKale Board and Mr. John Johnston who currently serves as Non-Executive Director on theBoard will take over as the Chairman. On behalf of the Board I would like to thank Mr.Philippe Lesueur for his leadership and invaluable guidance as Chairman of the Board.

I look forward to your continued support as we enter the new financial year.

Yours truly

Neela Bhattacherjee

Managing Director