Hot Deals:
5 star business 495.00 (-1.00 %) a v thomas 11,770.00 (-0.25 %) amol minechem 620.00 (1.64 %) anand i-power 20.00 anglo french 370.00 (-2.37 %) aricent 575.00 (0.88 %) arohan 181.00 (0.56 %) assam carbon 243.00 (-2.80 %) associated pigments limited 42.00 (-4.55 %) atlas copco 5,500.00 (1.85 %) auckland 130.00 (-3.70 %) axles 150.00 (11.11 %) b9 bira 772.00 (0.26 %) balmer lawrie van leer 300.00 bharat hotels 162.00 (1.25 %) bikaji foods 390.00 (1.04 %) boat 850.00 (-3.41 %) c & s electric 470.00 (-4.08 %) capgemini 11,000.00 (-2.22 %) care health 136.00 (-2.86 %) carrier aircon 260.00 (1.96 %) cial 180.00 (-1.64 %) csfbl 265.00 (-3.64 %) csk 160.00 (3.23 %) dalmia bharat refractories 81.00 (-4.71 %) east india pharmaceutical 39.00 (-2.50 %) eaton fluid 303.00 (1.00 %) electronica plastic 4,100.00 (-4.65 %) elgi ultra 400.00 elofic 1,909.00 (0.47 %) epiroc 1,224.00 (-2.08 %) esl steel 31.00 (-3.13 %) fincare 74.00 (1.37 %) fincare business services 43.00 fino paytech 145.00 (3.57 %) frick india 3,806.00 (0.16 %) gkn drive 1,051.00 (0.10 %) godavari biorefineries 71.00 (1.43 %) hdbfsl 600.00 (-2.44 %) hdfc ergo 363.80 hdfc securities 11,700.00 (1.74 %) hella india 190.00 (4.97 %) hero fincorp 714.00 (-1.24 %) hicks 2,100.00 (-2.55 %) hira ferro 121.00 (-3.20 %) honeywell electrical 3,555.00 (-1.25 %) icex 5.01 (0.20 %) incred financial 100.00 india carbon 1,060.00 (-3.64 %) india exposition mart 146.00 (0.69 %) indian potash limited 1,405.00 (0.36 %) indofil industries 700.00 (-1.41 %) infinite computer 700.00 inkel 12.95 (-0.38 %) ixigo 105.00 (-4.55 %) jana sfbl 75.00 kial 107.00 (-2.73 %) kurlon enterprise 640.00 (-3.03 %) kurlon limited 426.00 (-3.18 %) lava 123.00 (1.65 %) manipal hfsl 72.50 (0.69 %) manjushree technopack 1,010.00 (-3.81 %) martin and harris 1,980.00 (-1.98 %) merino 2,900.00 (-4.92 %) minosha 280.00 (-3.45 %) mitsubishi heavy industries 355.00 (1.43 %) mkcl 415.00 (1.22 %) mobikwik 450.00 (-4.26 %) mohan meakin 1,212.00 (1.00 %) mohfl 11.90 (-1.65 %) msei 1.00 (-4.76 %) msil 56.00 (3.70 %) nayara energy 150.00 (6.38 %) ncdex 275.00 ncl buildtek 175.00 (-5.41 %) ncl holdings 47.50 (1.06 %) nse 3,050.00 (-1.61 %) orbis financial 68.00 (1.49 %) oswal minerals 64.00 (-1.54 %) otis 3,800.00 (-2.56 %) oyo rooms 99.00 (-1.00 %) panasonic appliances 306.00 (0.33 %) panasonic avc 29.10 (0.34 %) paymate india 600.00 (-3.38 %) pharm easy 38.00 (-2.56 %) philips domestic 570.00 (3.64 %) philips india 1,100.00 (1.85 %) pnb metlife 70.00 proyuga adtech 25.00 ramaraju surgical 530.00 (0.57 %) reliance general insurance 340.00 resins plastics 414.00 (1.97 %) ring plus 370.00 (1.37 %) rrl 3,000.00 (3.45 %) sabmiller 350.00 (-2.78 %) satya micro 200.00 scottish assam 565.00 (-0.88 %) shriram life 251.00 (0.40 %) signify 1,050.00 (-6.75 %) smile microfin 56.00 (1.82 %) sri vishnu shankar 510.00 (-2.30 %) sterlite power 925.00 (2.78 %) studds 1,155.00 (0.43 %) t stanes 675.00 tata tech 5,250.00 (0.96 %) tmbl 530.00 (-1.85 %) trl krosaki 1,224.00 (-2.16 %) utkarsh coreinvest 127.00 (-2.31 %) vikram solar 55.50 (-0.89 %) xerox 243.00 (1.25 %)
×

accentia technologies Limited

3.11
+ 0.00 %
Scrip Name
ACCENTIA TECHNOLOGIES
ISIN No.
INE122B01012
PAN No.
AABCH2013F
Face Value
10
No. of Outstanding Shares
17,024,570
Market Capitalization
5.29 Crore

ACCENTIA TECHNOLOGIES LIMITED DELISTED SHARE 


Accentia Technologies Limited was incorporated on 12 August 1991. It is classified as a non-government company and is registered at the Registrar of Companies, Mumbai. The Company was first Listed on BSE in May 1996. The company's Scrip code on BSE was 531897. 

The authorized share capital of the company is Rs. 400,000,000 and the paid-up capital is Rs. 170,245,696. It was involved in the business of Clinical Data Management, primarily in the Medical Documentation and revenue cycle management arena in the United States. From financial years 2012-13 to 2014-15, Accentia’s business in the United States, has been badly impacted by the new Obamacare policy, which demanded a new modus operandi to be followed in the creation, storage, and management of healthcare documents.


The company was focused on the Enterprise Products market in the healthcare arena and shifted its focus from the Business to Customer (B2C) model to Business to Business (B2B). the company was also focused on white-labeled software products for Practice Management Systems (PMS), Electronic Medical Records (EMR), Receivables Cycle Management (RCM), Code Scrubbing, and Discrete Reportable Transcription (DRT), among other things, etc. Safecomm, a safety communication device for women and children, and Platform as a service (PaaS), in which companies' platforms will be leased out to companies for managing their clients with no upfront costs.


INCORPORATION DETAILS

CIN

L99999MH1991PLC062885

Registration Date

12-August-1991

Company Name

ACCENTIA TECHNOLOGIES LIMITED (CN)

Email Address

info@accentia.com

Category/Sub-category of the Company

Company Limited by Shares/Non-Government Company

Registration Number

62885

Address of the Registered office & contact details

D-207, Second Floor, International Info Tech Park Belapur Railway Station, Section II, CBD Belapur Navi Mumbai MH 400614 IN

Company Secretary & Compliance Officer

Mr. Jose George., Company Secretary

Name, Address & contact details of the Registrar & Transfer Agent, if any

Sharex Dynamics (India) Private Limited 17-B, Dena Bank Building, 2nd Floor Horniman Circle, Fort, Mumbai 400 001

PARTICULARS OF SUBSIDIARY COMPANIES

Name of the Company

Subsidiary

% of shares held

Thunga Software Private Limited

Subsidiary

*

Accentia Oak Technologies Private Limited

Subsidiary

*

Accentia Education Services Private Limited

Subsidiary

*

GSR Physicians Billing Services Inc.

Subsidiary

*

GSR System Inc.

Subsidiary

*

Denmed Inc.

Subsidiary

*

Oak Technologies Inc.

Subsidiary

*

Accentia Technologies FZE

Subsidiary

*

 

Note: The Board of Directors has given their consent to the Company not to attach the specified particulars of its Subsidiary Companies to the balance sheet of the Holding Company, in accordance with the general exemption granted by the Ministry of Corporate Affairs, Government of India (MCA) through General Circular No. 2/2011 and Press Note 3/2011.


BOARD OF DIRECTORS

Mr. Sooraj  C.K. (Managing Directors)

Mr. Pradeep Viswambharam (Whole-Time Direct)

Dr. K. Balasubramani (Independent Director)

Mr. Bobichren Jocob Thomas (Independent Director)

Ms. Sudeepa Nagasampagi (Independent Director)


Principal Business Activities of the Company

Name & Description of main products/services

% to total turnover of the company

 

Trans Services Corporation

55.72


Medex Healthcare Global

20.07


Accentia Physician Services

22.95



SHAREHOLDING PATTERN

(As on 31-03-2015)

S. No.

Shareholder’s Category

No. of Shares

% of total Shares of the company

1

PROMOTERS

2706963

15.9%

2

PUBLIC

14317607

84.1%

 

Total

17024570

100.00%

 

INDUSTRY OUTLOOK

Accentia Technologies Ltd. develops creative solutions that provide clients' business processes with a technical edge. Accentia focuses on services in HRCM, ITES/IT, Medical transcription, billing coding, Multimedia, Web Designing, Animation, e-pub & pre-pub, CRM, CAD architecture, and Mechanical, LPO, and Financial accounting services.

The company purchased a 51 percent investment in M/s. Geosoft Technologies (Trivandrum) Ltd and a 51 percent stake in M/S Iridium Technologies (India) Pvt. Ltd. during the 2005-06 fiscal year. As a result, Accentia Technologies Ltd has become the parent company of both enterprises.



PROFIT & LOSS STATEMENT OF ACCENTIA TECHNOLOGIES LIMITED (In Rs. Lakhs)

(As of 31-03-2012 to 31-03-2015)

Particular

2015

2014

2013

2012

Income





Revenue from Operations

2,954.38

11,238.47

31,105.06

26,037.76

Other Income

5.78

23.93

31.77

47.51

Total Revenue

2,960.16

11,262.40

31,136.83

26,085.27

Expenses





Employee Benefits Expense

793.73

5,886.79

16,471.46

15,159.98

Finance Costs

742.30

520.39

468.68

398.49

Depreciation and amortization expense

3,587.86

3,758.10

3,414.73

1,867.82

Other Expenses

368.44

3,484.05

7,117.93

6,090.10

Total Expenses

5,492.33

13,649.33

27,472.80

23,516.39

Profit before exceptional items and taxes

2,532.17

2,386.92

3,664.03

2,568.88

Exceptional items

-

-

-

-

Profit before tax

2,532.17

2,386.92

3,664.03

2,568.88

Tax expenses





Current tax

-

-

-267.74

-366.06

Excess Tax provision written back

-

-

-

275.26

Deferred tax

-378.81

-125.34

-471.25

-166.16

Net Profit for the Year

2,153.36

2,261.58

2,925.04

2,311.92

Earnings Per Share - Basic

12.95

14.73

17.81

15.80

Earnings Per Share - Diluted

12.95

14.73

17.36

-

 

BALANCE SHEET OF ACCENTIA TECHNOLOGIES LIMITED (In Rs. Lakhs)

(As of 31-03-2012 to 31-03-2015)

PARTICULARS

2015

           2014 

2013

2012

Equity and Liabilities





Shareholder’s Funds





Share Capital

1,702.46

1,702.46

1,702.46

1,463.10

Reserve and Surplus

15,999.22

17,753.91

19,316.87

16,822.48

Money Received Against Share Warrants

-

-

86.74

86.74


17,701.68

19,456.37

21,106.07

18,342.32

Non-Current Liabilities




 

Long-term Borrowings

-

351.37

878.82

528.63

Deferred Tax Liabilities (Net)

367.65

727.14

786.60

313

Other Long-term Liabilities

35.09

32.43

-

-

Long-term Provisions

-

-

33.50

22.50


302.74

1,110.94

1,698.92

864.13

Current Liabilities





Short-term Borrowings

4,892.42

4,534.05

3,592.39

3,311.46

Trade Payables

684.73

724.09

595.92

351.39

Other Current Liabilities

1,607.42

1,605.23

1,178.33

630.21

Short-term Provisions

1,089.73

1,121.87

1,095.17

886.20

Total Liabilities

8,274.30

7,985.24

6,461.81

6,461.81

Assets





Non-Current Assets




 

Fixed Assets





        Tangible Assets

601.71

774.54

1,031.73

1,057.79

        Intangible Assets

2,525.75

4,057.03

4,011.95

3,765.42

Capital work in progress

-

-

-

0.31

        Intangible assets under development

5,292.45

5,292.45

2,265.87

289.17

Non-current Investments

11,914.71

11,914.70

12,285.67

11,889.13

Defered tax assets (net)

-

-

-

-

          Deferred Tax assets (Net)

-

-

-

-

Long-term Loans and Advances

2,871.07

3,126.27

3,009.81

2,147.35


23,205.69

25,164.99

22,605.03

19,149.17

Current Assets




 

Trade Receivables

2,552.87

2,744.02

5,894.86

4,403.45

Cash & Bank Balances

0.65

2.35

201.28

636.07

Short-term Loans and Advances

233.42

227.09

126.56

65.35

Short-term Loans and Advances

386.09

227.09

439.07

1,548.92

Total Assets

3,173.03

3,300.55

6,661.77

6,653.79

 

DIVIDEND AND RETAINED EARNINGS

(As of 31-03-2012 to 31-03-2015)

Particulars

2015

2014

2013

2012

Dividend

Nil

Nil

Nil

Nil

Retained Earnings (In Rs. Lakhs)





 

PERFORMANCE OF THE COMPANY

Revenue from Operations decreased from Rs. 11,238.47 lakhs in FY 2014 to Rs.  2,954.38 lakhs in FY 2015, showing a decline of 73.72% as compared to previous financial year.


Finance Cost has risen significantly from Rs. 520.39 lakhs in FY 2014 to Rs.   742.30 lakhs in FY 2015.


In FY 2015, Company’s Net profit stood at Rs. 1,754.70 lakhs, 12.27% lower than the Rs. 1,562.95 lakhs profit of FY 2014.


The Current Ratio of the company as of 31st March 2015 was 0.38.

 

The debt to equity ratio of the company as of 31st March 2015 was 0.46.


In the Financial Year 2012-2015, the corporation has not paid a dividend in the last 4 years.

 

Reference:

https://www.bseindia.com/bseplus/AnnualReport/531897/5318970315.pdf

https://www.bseindia.com/bseplus/AnnualReport/531897/5318970313.pdf

https://www.bseindia.com/stock-share-price/accentia-technologies-ltd/accentech/531897/financials-annual-reports/

Powered by Froala Editor

Annual Reports

2014-15

Download

2013-14

Download

2012-13

Download
Wealth Wisdom - WWIPL
Support Megha Support Neha Support Pallavi