A 22nd July 2019 Listing Department, Listing Department, Bombay Stock Exchange Ltd., National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, "Exchange Plaza", Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai-400 051 Scrip Code: 532633 Symbol: ALLSEC Sub.: Intimation under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir /Madam, Please find enclosed the Un-Audited Financial Results of the Company (Standalone and Consolidated) for the quarter ended 30th June, 2019 which has been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meeting held today i.e. 22nd July, 2019 which commenced at _.!:J__.__b_Q pm and concluded at _2__.~ pm. We also enclose a copy of the Limited Review Report of the Auditors of the Company, as required under Regulation 33 of the Securities Exchange Board of India (LODR) Regulations, 2015. Further, the Board of Directors of the Company have given its consent to change the registered office of the Company from 7-H, Century Plaza, 560-562, Anna Salai, Teynampet, Chennai-600018 to 46 C, Velachery Main Road, Velachery, Chennai-600042. Thanking you, Yours faithfully, For Allsec Technologies Limited GagaNf~ DGM-Legal & Company Secretary Encl.: As above ALLSEC TECHNOLOGIES LTD. 46-B, Velachery Main Road, Velachery, Chennai - 600 042 Tel : +91.44.4299 7070 Fax : +91.44.2244 7077 web : www.allsectech.com Regd. Office : 7H Century Plaza, 560-562, Anna Salai, Teynampet, Chennai - 600 018 Corporate Identity Number: L72300TN1998PLC041033, Email : [email protected] ALLSEC TECHNOLOGIES LIMITED Regd. Office : 7-H, Century Plaza , 560/562 Anna Salai, Teynampet, Chennai - 600 018. Corp. Office : 46-B Velachery Main Road, Velachery, Chennal - 600 042. CIN : L72300TN1998PLC041033, Email : [email protected] A (Rs. in Lakhsl l STATEMENT OF STANDALONE AND CONSOLIDATED UNAUDITED RESULTS FOR THE QUARTER ENDED JO JUNE 2019 Standalone Rosults Consolidated Results Quarter Ended Year ended Quarter Ended Year ended 30 June 2019 31 Marnh 2019 30 June 2018 31 March 2019 30June 2019 31 March 2019 30 June 2018 31 March 2019 Unaudited Audited Unaudited Audited Unaudited Audited Unaudited Audited Revenue Revenue from operations 4,312 4,149 3,428 15,317 6,738 6,634 6,298 26,116 Other income 148 173 198 743 140 185 228 742 Total income 4460 4,322 3 626 16 060 6.878 6,819 6 526 26,858 Expenses Employee benefrts expense 2,625 2,437 2,012 9,010 3,746 3,678 3,083 13,838 Finance costs 40 12 5 20 58 35 7 49 Depreciation and amortisation expense 354 108 94 408 503 138 126 526 Other expenses 713 907 755 3.300 1,109 1,452 2.231 8.315 Total expenses 3,732 3,464 2 866 12,738 5,416 5,301 5,447 22,728 Profit before exceptional items and tax 728 858 760 3,322 1,462 1,518 1,079 4,130 ~ceptlonal items Provision for impairment of investment in subsidiary - 1,307 - 1,307 Provision for impairment of goodwill - 1,247 - 1,247 Profit before tax 728 (449) 760 2,015 1,462 271 1,079 2,883 Tax expense Current tax 178 303 197 890 244 412 238 1,142 Deferred tax 26 46 29 174 26 46 29 174 Total Tax 204 349 226 1,064 270 458 267 1,316 ,567 IProflt for the period 524 (798) 534 951 1,192 (187) 812 1 Other comprehensive income: a)ltems that will be reclassified to profit or loss Exchange differences on translation of foreign operations - - - - 121 19 293 415 - - 121 19 293 415 b) Items that will not be reclassified to profit or loss Re-measurement of the defined benefit liability -loss (12) (9) (9) (53) (12) (9) (9) (53) Income tax relating to above items 4 3 3 18 4 3 3 18 8 6 6 35 a 6 6 35 Total other comprehensive Income for the period, net of tax (8) (6) (6) (35) 113 13 287 380 Total comprehensive income for the period 516 804 528 916 1 305 174 1 099 1947 Earnings per equity share (Profit for the period) Basic (in Rs.) (Face value of Rs. 101· each) (Not annualised) 3,44 (5.24) 3.50 6.24 7.82 (1. 23) 5.33 1028 Diluted (in Rs.) (Face value of Rs. 101- each) (Not annualised) 3.44 {5.24 3.50 6.24 782 (1.23) 5.33 10.28 For and on beha~ of the Board of Directors of - Allsec Technologies Limited ~DIOot ~.0 .. <o 0 t.oc,HN~ Place: Bengaluru halrman 00087168 !late : 22 July 2019 ~~~u L"ftftnA~ • ... N: tt:E~~ ~ Page 1 of2 ft -;~- '! xso~~~~~ d)-s: ALLSEC TECHNOLOGIES LIMITED Registen!ld Office: 7-H, Century Plaza, 560/562 Anna Salai, Teynampet, Chennai -600 018. Corporate Office: 46-B Velachery Main Road, Velachery, Chennai- 600 042. CIN : L72300TN1998PLC041033, Email: [email protected] STATE~ ENTOF CONSOLIDATED NAUDITED SEGMENlVI SE REVENUE. RESULTS ASS.ETS AND IABll. TIES FOR THE UARI"ER ENDED 30 JUNE 201, (R<.. in l.AkhsJ Quarter ended Quarter ended Quarter ended Year ended S.No. Description 30 Juno 2019 31 Man:h 2019 ~0 Juno 2018 31 March 2019 Unaudllttd Audlt<od Unauditod Auditad 1. SE!;JMENT BEVENUES Customer Lifecycle Management (CLM) 5,159 4,936 3,798 17,808 Human Resource Outsourcing (HRO) 1,579 1,698 1,299 5,942 Anti Money Laundering and Regulatory Compliance (AML) - 1,201 2,366 Total revenue from ooerations 6 738 6 634 6~298 26116 2. SEGMENI RES!.!L TS Customer Lirecycle Management (CLM) 980 1,007 592 3,313 Human Resource Outsourcing (HRO) 584 724 465 2,372 Anti Money Laundering and Regulatory Compliance (AML) (1) (299) (126) (1,931) Total ..,umont ruutto 1,563 1 ~32 931 3 754 Finance cosl (58) (35) (7) (49) O!ber unallocable income I {e>:consesl. net l43i 11126 155 (822 Toto! profit boforo tllX 1,.62 27~1 1 079 2,883 ln ..: Tmc ExtutnJf.l 2 0 458 287 1 316 Tola,l profit after tal( 1·192 187 812 1 .587 3. SEGM!i:t!jT A!i!!i!ETS Customer Lifecycle Management (CLM) 4,400 4,024 3,313 4,024 Human Resource Outsourcing (HRO) 1,525 1,562 1,201 1,562 Anti Money Laundering and Regulatory Compliance (AML) 8 11 812 11 Unallocated 20,787 18,923 20,584 16,923 Total assets 26 720 24 520 25,890 24,520 4. SEGMEN! LIABILITIES Customer Lifecycle Managemenl (CLM) 1,134 1,027 772 1,027 Human Resource Outsoun:::ing (HRO} 321 284 238 284 Anti Money Laundering and Regulatory Compliance (AML) 87 221 351 221 Unallocated 3,931 1,209 2.677 1,209 . Total llabllltios 5,473 2 741 4.038 2 741 Notes: 1. The Audit Commiltee has reviewed these results and the Board of Directors have approved the above results at their meeting held on 22 July 2019 2. The consolidated results ror the quarter ended 30 June 2019 include the results of the Company's wholly owned subsidiaries - Allsectech Inc, USA, Allsectech Manila Inc. Philippines and Retreat Capilal Management Inc ~ , USA 3. The results for the quarter ended 30 June 2019 of the Company's subsidiary- Allsectech Manila Inc , Philippines has been reviewed by the auditor of the subsidiary. 4. The Company has reported segment information as per Indian Accounting Standard 108 "Operating Segments" (IND AS 108) Accordingly, the Company has identified the bUJiness cornponent:t as its operating segments for reporting and is consistent with performance assessment and resource allocation by the management. Segment revenue comprises opera1ionat lntcrm! allocable specifically to a segment. Un-allocable expenditure mainly includes employee expense, depreciation and other expenses.. Unallocable income primarily includes other non--C~ ~ratln-g income and foreign exchange gain. 5. Adoption of lnd AS 116 - Leases: On 01 April 2019, the company adopted lnd AS 116, ''Leases" using the modified retrospective method to all lease contracts existing on 01 April 20.19 A.ccordingty, the lease 'liabmty at the transition date is measured et the present value of remaining lease payments amounting to INR 1,820 lakhs in standalone financial statements (INR 3,017 inkh.s In consolidated financial statements) and right-of-use asset at an amount equal to lease liability. The adoption of lnd AS 116 did not have any material impact on the results for the three mot;'ths ended 30 June 2019, 6. Conneqt Business Solutions Limited (Conneqt) has acquired 61.35% of Allsec's voting share capital of the company from Mr. R Jagadish, Mr.A Saravanan and First Carlyle Ventures, Mauritius. Conneqt has also made a public offer to 26% of shareholders and it has been closed on 04 July 2019. 7, During the current period, the Board of Directors of the Company has approved an interim dividend or INR 10 per share (100% of the face value) for FY 2019-20 on 23 May 2019 and the sam~ h~ been paid on 10 June 2019 amounting to INR 1,8371akhs (including dividend distribution lax). &. The figures for the corresponding previous periods have been regrouped I reclassified wherever considered necessary to conform to the figures presented in the current period. G. With respect to standalone and consolidated financial results, the figures for the quarter ended 31 March 2019 represents the difference between the audited figures in respect of full financJal vear and the unaudited fi!lures for the nine months ended 31 December 2018. For and on behalf of the Board of Directors of ~DIO.t ~A - ~~"" A Isaac Pllloe: Bengeluru lrman Oota : 22 Jut 2019 ~).-u~l;~ ~~~ I 1 OOGS71B8 Page 2 ol2 l· ~ lv~~ soo 042 en ~~:~~ ~ > " >'bf- • •() '),.