INCOME STATEMENT O

Y/E - 31st Mar

FY 06

Units
Q1FY 06

Q2FY06

Q3FY06

Rs Mn

358.9
#DIV/0!

377.2
5.1%

429.2
13.8%

Rs Mn
P%

199.8
56%

252.6
67%

221.3
52%

Consolidated Income Statement

Revenue

Direct Cost
DC to Rev %
Incrase/Decrease in inventory
Gross Profit
Gross Margin

10.9
Rs Mn
P%

148.2
41.3

124.6
33.0

207.9
48.4

Rs Mn
P%

62.6
17%

37.9
10%

105.3
25%

EBITDA
EBITDA M %

Rs Mn
P%

85.6
23.9

86.7
23.0

102.6
23.9

Depreciation
Finance Cost
Bad Debts
Other Income
Profit/(Loss) Before Tax
PBT M %

Rs Mn

10.2
4.1

10.2
3.3

12.9
6

Rs Mn
Rs Mn
P%

3.3
74.6
20.8

7.5
69
18.3

11.2
72.5
16.9

Provision for Tax

Current tax
Defered tax expences
Fringe benefit tax
Profit/(Loss) After Tax
PAT M %
less-minority interest
Profit/(loss)aftet tax and extraordinary iterm
EPS
O/Shares

Rs Mn

74.6
20.8
0.5
74.1
2.48

69
18.3
0.1
68.9
2.61

0.8
72.5
16.9
2.1
70.4
2.97

Selling/ General and Administration Exp

SG&A to Rev %

Rs Mn
P%

Rs.
No's

NCOME STATEMENT OF MEGASOFT LTD

FY 06

FY 07

FY08

Q4FY06

Q1FY 07

Q2FY07

Q3FY07

Q4FY07

Q1FY08

Q2FY08

Q3FY08

Q4FY08

1165.3
171.5%

601.1
-48.4%

768.1
27.8%

952
23.9%

297
-68.8%

903
204.0%

849.8
-5.9%

706.4
-16.9%

802.5
13.6%

673.7
58%

332
55%

393.9
51%

385.1
40%

162
55%

445
49%

453.4
53%

485.6
69%

589.2
73%

480.7
41.3

269.1
44.8

374.2
48.7

566.9
59.5

135
45.5

458

396.4

220.8

213.3

50.7

46.6

31.3

26.6

205.8
18%

79.7
13%

109.8
14%

241.2
25%

33
11%

215
24%

202.9
24%

203.1
29%

197.7
25%

274.9
23.6

189.4
31.5

264.4
34.4

325.7
34.2

102
34.3

243
26.9

193.5
22.8

139.9
19.8

196.4
24.5

33.3
13.4

48.4
8.1

58.5
12.2

70.6
39.5

41
11

64

65.1

66.5

65

22
206.2
17.7

34.9
98
16.3

38.5
155.2
20.2

37.1
178.5
18.8

28
33
11.1

31
168
18.6

35.8
126.3
14.9

1.7
26.7
3.8

5.9
46.9
5.8

14.9

3
0.5
94.5
15.7

2
10.9
1.2
141.1
18.4

16
20.3
1
141.2
14.8

2
2
14
15
5.1

150
16.6

121.3
14.3

21.7
3.1

32
4.0

94.5
2.13

141.1
3.68

141.2
8.55

15
1.36

0.3
500.0

2.74

0.49

0.72

10.9

0.8
206.2
17.7
2.5
203.7
7.87

FY09

FY10

FY11

Q1 FY09

Q2 FY09

Q3 FY09

Q4 FY09

Q1 FY10

Q2 FY10

Q3 FY10

Q4 FY10

Q1 FY11

752

739
-1.8%

811
9.8%

683
-15.8%

393
-42.5%

422
7.5%

429
1.6%

436
1.8%

401
-8.1%

378
50%

367
50%

341

426

114
29%

143
34%

125
29%

151

148
37%

374.5

371.7

470

256.9

279.1

278.5

303.4

285.4

253

49.8

50.3

58.0

37.6

71.1

66.0

70.8

65.4

63.1

288
38%

326
44%

390
48%

129
19%

151
38%

149
35%

167
39%

145
33%

128
32%

87
11.6

46
6.2

80
9.9

128
18.7

128
32.7

129
30.6

136
31.7

141
32.3

125
31.2

68.4

59.4

52

62.9

39

39.5

33.9

31

32

0.1
8
1.1

-44.3
-80
-10.8

-42.7
-93
-11.4

-11.1
86
12.6

-9
37
9.5

8.8
57
13.5

4.3
66
15.4

10
141
32.3

-2
65
16.2

2.2

2.3

-40.2

-4

4.9

-8

8
1.1

-82
-11.1

-95
-11.7

-46
-6.7

42
10.6

52
12.3

61
14.2

63
14.4

64
16.0

0.03

-1.85

-2.14

-1.03

0.94

1.18

1.37

1.42

1.45
59

FY11

FY12

Q2 FY11

Q3 FY11

Q4 FY11

401
0.2%

344
-14.2%

357
3.8%

145
36%

139
40%

147

257

205

211

63.9

59.6

59.0

134
33%

128
37%

130
36%

123
30.7

77
22.3

81
22.6

31

30

36

-1
54
13.6

6
32
9.2

69
30
8.4

53
13.2

30
8.8

27
7.7

1.20
44

0.69
59

0.62
60

Q1 FY12

Q2 FY12

Q3 FY12

Q4 FY12

44.4
45.3

357
55.9
302

CONSOLIDATD BALANCE SHEET OF M

BALANCE SHEET

2011

2010

2009
Rs 000s

Shareholder's Fund
Share capital
Reserve and Surplus
Loan Funds
Secured Loans
Unsecured Loans
Deferred Tax Liability
Minority interest
TOTAL

APPLICATION OF FUNDS
Fixed Assets
Gross Block
Less: Accumulated Depreciation
Net Block
Goosdwill on Consolidation
Investment
Deferred tax asset
Current Asset Loan and Advance
Inventories
Sundry Debtor
Cash & Bank balances
Loans & Advances
Less: Current Liabilities & Provisions
Net current asset
Less: Miscelloneous expenditure
Total

442,673
1,699,221
2,141,894

442,673
1,629,384
2,072,057

442,673
1,751,552
2,194,225

770,526
227,316
997,842
3,174

686,845
185,323
872,168
4153

1,814,727
157,040
1,971,767

3142910

2,948,378

4,165,992

1,958,643
-816,015
1,142,628

1,615,031
-619,687
995,344

2,388,708
-573,735
1,814,973

1,015,750
121,230

1,015,750
121,230

1,015,750
121,230
21,712

512,397
84,669
478,968
1,076,034
212,732

863,302

495,045
79,926
489,293
1,064,264
248,210
816,054

914,122
265,595
634,453
1,814,170
621,843
1,192,327

3,142,910

2,948,378

4,165,992

OLIDATD BALANCE SHEET OF MEGASOFT LTD

2008
Rs 000s

2007

2006

2005

442,673
3,209,882
3,652,555

442,673
2,955,254
3,397,927

317,689
442,537
2,440,905

344,484
223,829
568,323

1,971,119
240,542
2,211,661
12,803

1,382,328
85,720
1,468,048
-5,521

197,026
95,120
292,146
12,951
-5,521

93,120
371,494
464,614
621
-7,790

5,877,019

4,860,454

3,183,018

1,025,768

2,463,128
-765,640
1,697,488

2,249,863
-494,209
1,755,654

1,927,525
-279,036
648,489

324,372
-198,325
126,047

1,043,300
121,230

1,121,801
121,230
8,563

105,814

101,923

873
2,084,965
226,529
235,168
2,547,535
694,329
1,853,206

873
1,304,277
345,554
160,573
1,811,277
385,431
1,425,846
2,869

35,061
601,015
226,622
139,349
1,002,047
204,333
797,714
84

4,860,454

3,183,018

1,025,768

2,677,105
117,386
969,705
3,764,196
749,195
3,015,001
2 5,877,019

GEOGRAPHICAL SEGMENT ( SECONDAR

2006
2007
2008
2009
Rs 000s
REVENUE
India
America
latam
EMEA
Asia Pacific

45,143
1,546,879

29,165
3,686
5,213
2,708,346 3,126,168 2,902,784

12,400
178,856
1,783,278

105,195
48,765
26,548
73,103
2,971,666 3,261,597 3,029,865

423,624
1,159,080

1,663,497 1,542,964
328,134
2,784,769 3,290,504 2,663,957

86,118
127,504
1,796,326

300,541 277,734
286,130 300,209
4,677,128 5,420,139 3,570,034

118,055
116,100

Carrying amount of segment asset

India
America
latam
EMEA
Asia Pacific

120,376
108,486

Addition to fixed asset

India
America
EMEA
Asia Pacific

1,608,402
1,179
1,002

108,944
226,436

64,216
132,277

31,682
57,673

1,610,583

335,380

196,493

89,355

SEGMENT ( SECONDARY )
2010
2011
Rs 000s
703
1,581,694
9,142
9,142
55,993

1,194,881
193,393
26,934
88,454

1,679,055

1,503,662

863,942
1,083,013
2,225
30,593
51,743

873,081
1,235,334
96,589
55,785
24,173

2,031,515

2,284,962

29,799
12,903

25,306
255,335
78

42,702

280,719

CONSOLIDATE CASH FLOW STATEMENT OF M

CASH FLOW FROM OPERATING ACTIVITY

Profit before taxation
Adjustments for:
Depreciation & Amortisation
Loss on sale of Fixed Assets
Provision for retirement benefit
Employees Stock Compensation expense
Exchange differences on translation
Provision for doubtful debt
Minority Interest
Interest received
Finance charges

2006

2007

2008

351,858

567,227

367,585

224,000
2,786
-17,165
6,345
-13,568

260,408
-5,749
8,965
4,120
-22,180

-9,715
66,740

-6,830
219,400

826,515

825,719

34,188
-703,262
-19,626
117,571
5,252

-780,688
-472,329
293,126
-25,983

873
-592,140
-720,437
73,964
-9,606

-117,692

-159,359

-421,627

83,812
2,680
2,485
-4,497
3,255
-11,702
20,294

448,185
Operating profit before working capital changes
(Increase) / Decrease in Inventories
(Increase) in Sundry Debtors
(Increase) in Loans & Advances
Increase in Current Liabilities
Taxes paid during the yeaR
Net cash provided by operating activities

CASH FLOW FROM INVESTING ACTIVITY

Purchase of Fixed Assets
-69,039
-335,380
Fixed Assets on amalgamation / acquisition of subsidiary companies -1541544
Goodwill on consolidation
-3,891
-598,471
Investment in other company
-121,230
Minority Interest
2,269
Proceeds from sale of Fixed Assets
1,733
68
Miscellaneous Expenditure
-2,869
2,869
Interest received
11,702
9,715
Net Cash used for investing activities
-1601639 -1042429
CASH FLOW FROM FINANCING ACTIVITY
Business restructure reserve
Proceeds from issue of shares including securities premium
Expenses on issue of shares
On Amalgamation
Employees Stock Compensation outstanding
Proceeds from Unsecured (other) loans
Proceeds from issue of FCCB
Foreign Exchange translation difference on FCCB
Conversion of FCCB into equit
Proceeds from long-term borrowings
Increase / (Decrease) in working capital loans

445,341

-196,493
25,534
5,521

6,830

-158,608

29,194
-3,409

1,597,329
(3,093
136,482

-273,340
56,442
44,430

-9,400

18,340

988,012
217,290

226,506
382,285

Repayment of loans
Dividend paid
Finance charges
Net cash provided by financing activities
Net increase in cash & cash equivalents
Cash & Cash equivalents at the beginning of the year
Cash & Cash equivalents at the end of the year

-20,000

-8,552
-52,184
-20,294
-66,740
1,838,263 1,082,763
118,932
226,622
345,554

-20,000
-53,121
-219,400

471,092

-119,025
345,554

-109,143
226,529

226,529

117,386

CASH FLOW STATEMENT OF MEGASOFT LTD

2009

2010

2011

-249,652

214,331

181,039

242,715
5,419
-24,908
1,530
-27,562

143,426
5,584
3,583
-14,413
40,127
39,135

129,016
4,419
1,953

-786
228,061

-5,416
151,477

174,817

577,834

-213
97,830
491,731

766,062
350,795
-115,880
-9,985

379,942
122,274
-323,889
-1,843

-65,984
12,522
-40,091
-6,637

1,165,809

754,318

391,541

-398,418 42,702)

29,055
48,632

-280,719

-134,760

11,516

350,000

786

5,416

213

-520,876

312,714

-280,506

-28,769

-1,625

43,200

28,283

605,020 790,094)
-202,937 337,788)

10,382

-18,844

-685,177
-228,061
151,477)

-97,830

-496,724 1,252,701) -106,292

148,209
117,386

-185,669
265,595

4,743
79,926

265,595

79,926

84,669

STOCK MARKET DATA

BOMBAY STOCK EXCHANGE LTD

2006
MONTH

JANAUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOMBER
NOVEMBER
DECEMBER

HIGH
(RS)
139.5
148
158
189
205
189
149
153
147
148.95
136.5
155.1

LOW
(RS)
117
118.25
126.25
135.1
140
116
121
132.4
124
125
103.2
103

2007
NUM OF
SHARES
2,386,836
2,836,241
4,263,364
2,030,130
2,362,213
1,223,693
302,964
2,426,943
1,115,855
1,370,401
2,364,630
1,868,088

HIGH
(RS)
162.5
152.7
141
134
144.4
147.9
157.8
133.9
123.85
139
133
144.8

LOW
(RS)
128.1
122.1
112.3
117
114
122.65
130.2
105.4
102.6
90
103.1
122.55

NUM OF
SHARES
1,693,424
1,165,841
418,063
418,804
2,517,576
3,197,006
2,960,869
982,582
2,477,508
2,764,869
1,530,509
1,135,083

TOCK MARKET DATA

BAY STOCK EXCHANGE LTD

HIGH
(RS)
138.8
120.4
105.5
100
96.5
87
80
85.9
74.95
52.65
26.5
23.1

2008
LOW
NUM OF
(RS)
SHARES
88.15
93.15
68.05
85.05
75.25
68.1
63.15
67.95
44
23.1
17.2
17.1

1,347,259
441,993
2,457,299
818,974
488,863
653,890
155,242
948,950
1,992,319
314,878
212,162
221,376

HIGH
(RS)
23.7
17.2
13.05
22
34
31.5
26.8
33.7
33.9
29.35
25.45
26.55

2009
LOW
NUM OF
(RS)
SHARES
13.8
11.6
9
12.2
19
20.8
17.5
22
25.4
22.15
20.85
23

831,878
347,646
1,371,939
1,443,664
897,393
669,555
2,420,366
8,948,264
1,416,863
336,050
242,427
357,540

HIGH
(RS)
34.65
29.1
27.85
28.5
28.75
28.75
27.6
34
41.25
36.25
37.95
33.5

2010
LOW
NUM OF
(RS)
SHARES
24.35 1,476,480
23.9 280,298
21.05 312,433
23.4 731,448
22.95 575,018
23.8 404,776
23.95 311,332
24.65 1,770,702
31 2,931,598
31.15 331,730
27.7 929,305
26.65 247,655

HIGH
(RS)
33.85
26
29
32.5
26.9
30.25
24.8
22.25
20.25
15.69
15.55
12.08

2011
LOW
NUM OF
(RS)
SHARES
23.05
21
22.2
24.2
22.1
22.4
21.8
14
14.65
14
10
9.31

358,508
363,102
336,426
295,788
187,088
524,923
106,711
143,247
93,923
64,912
168,018
206,613