You are here » Home » Companies » Company Overview » Accelya Kale Solutions Ltd

Accelya Kale Solutions Ltd.

BSE: 532268 Sector: IT
NSE: ACCELYA ISIN Code: INE793A01012
BSE LIVE 15:27 | 02 Dec 1430.00 -5.10
(-0.36%)
OPEN

1439.25

HIGH

1439.30

LOW

1415.00

NSE LIVE 15:30 | 02 Dec 1433.40 -2.55
(-0.18%)
OPEN

1430.00

HIGH

1436.40

LOW

1411.55

OPEN 1439.25
PREVIOUS CLOSE 1435.10
VOLUME 212
52-Week high 1525.00
52-Week low 787.25
P/E 23.47
Mkt Cap.(Rs cr) 2134.99
Buy Price 1430.00
Buy Qty 15.00
Sell Price 1439.00
Sell Qty 3.00
OPEN 1439.25
CLOSE 1435.10
VOLUME 212
52-Week high 1525.00
52-Week low 787.25
P/E 23.47
Mkt Cap.(Rs cr) 2134.99
Buy Price 1430.00
Buy Qty 15.00
Sell Price 1439.00
Sell Qty 3.00

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

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard