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Accelya Kale Solutions Ltd.

BSE: 532268 Sector: IT
NSE: ACCELYA ISIN Code: INE793A01012
BSE 00:00 | 20 Jul 1081.15 14.50
(1.36%)
OPEN

1066.00

HIGH

1102.35

LOW

1066.00

NSE 00:00 | 20 Jul 1096.90 27.10
(2.53%)
OPEN

1069.00

HIGH

1101.85

LOW

1058.45

OPEN 1066.00
PREVIOUS CLOSE 1066.65
VOLUME 148
52-Week high 1633.30
52-Week low 1050.00
P/E 16.53
Mkt Cap.(Rs cr) 1,614
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1066.00
CLOSE 1066.65
VOLUME 148
52-Week high 1633.30
52-Week low 1050.00
P/E 16.53
Mkt Cap.(Rs cr) 1,614
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Accelya Kale Solutions Ltd. (ACCELYA) - Chairman Speech

Company chairman speech

Dear Shareholders

I am pleased to share with you that we have seen growth in our revenues and earningsfor FY 2017.

Total revenues for FY 2017 stood at Rs 3788 million and net profit aftertax was at'913.43 million. This is a 8.25% growth in revenues and 10.02% growth in PAT as compared toFY 2016.

Accelya Kale continued the practice of rewarding its shareholders with dividends. Thisyear the total dividend is Rs 51 per share including Rs 40 per share recommended asfinal dividend. I would like to inform you that on 9th August 2017 Mr. Vipul Jain steppeddown from his position as Director. I would like to thank Vipul on behalfofthe Board forhis valuable contribution.

This year our revenue accounting platform REVERA surpassed 1 billion transactions.In addition the REVERA Strategic Product Group (SPG) program was recognized for takingcustomer collaboration to the next level at ITSMA 2016 Marketing Excellence Awards. REVERASPG is a board comprised ofcustomer representatives and product specialists from Accelya;their charter is to ensure the most beneficial features are added to the product roadmapthereby giving the best solution to our customers.

I am also delighted to share that we were recognized as 'Service Provider of the Year2017' by Air Transport News (ATN). Accelya also featured in the International Associationof Outsourcing Professionals (IAOP) Global Outsourcing 100 List 2017 a list of theleading outsourcing firms in the world.

We have witnessed good traction for our cost management solution FinesseCost™. Wehave added two new customers this year taking the total to six airline customersincluding two tier one airlines and one low cost carrier.

This year we transitioned the ownership of the Accelya Group to Warburg Pincus aglobal private equity firm focused on growth investing. Warburg Pincus acquired majorityshares in the Group and also holds majority shares in Mercator a global provider ofsoftware platforms and product-enabled solutions to the travel and transport industry. Asa result customers of Accelya and Mercator will benefit from enhanced product andtechnology capabilities. The combined group will ensure the continuous development of newsolutions for the travel and transport industry.

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

Yours truly

Neela Bhattacherjee Managing Director