Prism Informatics Limited Annual Report 09-10

With a significant and rapid foray into the global markets, Prism Informatics Limited has embarked on its journey to achieve sustainable growth in Information Technology (IT). The passion and commitment levels of  the organization, the leadership with immense expertise and knowledge, and the foothold in the global markets makes Prism's business position very strong. We are thankful to all our people who have supported all our initiatives and embraced all out strategeis for expansion and stable growth.>

We closed fiscal 2009-10 reporting annual revenue (consolidated) at Rs. 8.54 crores as compared to Rs. 0.40 Crores last year. The profit after tax (consolidated) for the year was Rs. 51.65 lakhs as compared to Rs. 21.64 lakhs last year. The Board declared interim dividend of 10% in last quarter of fiscal year 2009-10. Despite as environment which remains very challenging, your company has ambitious plans to grow organically and inorganically through well executed strategic acquisitions.

Strategic acquisitions would also invlove targeting new geographies and markets, alongside focusing on our established client base which will help us scale in the market.
We incorporated two companies Prism Informatics Inc, USA and Prism Informatics Pte Limited, Singapore. We expect these new regions to be among the fastest growing markets to us. We also expect to expand our markets in India, Germany and Europe where we have acquired companies.

A sense of achievement and satisfaction meets us as we put fiscal 2009-10 behind. We are confident that we will continue to counter challenges successfully by strengthening our processes and are fully focus on delivering value to our investors, customers and employess. We immensely value your faith and look forward to your continued support.

Alok Pathak
Managing Director

For any further information and request write to us at:investors@prisminfoglobal.com

Audited Results 2009-10:

Annual Report

Financial Information of Subsidiary Companies
Prism Informatics Limited signs-off Business Blue Print (BBP) with Sahara Q Shop.     -     Prism Informatics Limited signs-off BBP (Business Blue Print) with Financial Inclusion Network & Operations Limited (FINO).     -     Express Computer IT Magazine India, features “Changing perceptions about IT” an interview with Ramanan Balakrishnan, VP-Prism Informatics Ltd.     -     Prism Informatics Ltd. Exclusive Sponsor of SAP Technology Innovation Forum 2012     -     Prism Informatics Ltd. receives SAP Business Analytics Recognition Award at the SAP PARTNER SUMMIT India.     -     VF Corporation India, one of the world's largest apparel company renews its SAP support contract with Prism Informatics Ltd.     -     Idhasoft, a Company in which Prism holds 20.28% stake, expands Reporting capabilities in Microsoft® Excel® with Spreadsheet Server from Global Software, Inc.     -     Prism Informatics completes realization phase at Aamby Valley     -     Prism Informatics Ltd. awarded with the SAP Support Project for Lankem Ceylon Plc, Srilanka.     -     Prism Informatics Ltd. attains the exalted status of SAP Partner Certification of Expertise (PCOE)     -     Prism’s Global expansion continues with formation of Dubai office.     -     Sahyadri Industries Ltd., “SAP HR Goes-Live” With SAP Gold Partner Solution from Prism Informatics Ltd.     -     Prism Informatics Consolidated Results: Nine Months ended 31st December, 2011     -     The revenue of Prism European operations grew by 45%, Asian Operations by 72%, and US by 9% approximately     -     Prism Informatics starts new Business Unit IT Strategy.     -     Prism Informatics announces successful Go-Live of SAP Upgrade.     -     Prism Informatics Boosts Information Technology Services in Bahrain.     -     Prism Informatics Celebrates Successful Go-Live of SAP for Unique Group of Companies      -     Prism Informatics Kicks-off SAP upgrade project for Sri Lanka’s top diversified conglomerate – Hemas     -     Mr. Saurabh Dani joins Board of Directors at Prism Informatics Limited.     -     Prism Informatics Boosts Information Technology Services in Bahrain (BSE: 505530)     -     Prism Informatics Celebrates Successful Go-Live of SAP for Unique Group of Companies     -     Mr. Saurabh Dani joins Board of Directors at Prism Informatics Limited     -     Prism Informatics Kicks-off SAP upgrade project for Sri Lanka’s top diversified conglomerate - Hemas     -     Prism Informatics Limited - Half year results 2011; Strong growth in Prism’s H1 2011-12 revenues and net profit     -     Prism Informatics Ltd. on track to acquire majority stake in Idhasoft Ltd.     -     Mr. Saurabh Dani joins as a promoter in Prism Informatics Limited.     -     Prism Informatics Ltd. Achieves Gold Level Status in SAP PartnerEdge Program.     -     Prism Harnesses the Cloud Power in Europe     -     Prism Informatics Limited – Third Quarter Results Declared     -     Consolidated Q3 Revenue up 43% QoQ and 2347% YoY     -     Consolidated Q3 Profit After Tax up 190% QoQ and 1131% YoY     -      Prism Informatics Limited Annual Report 09-10 Published     -     Prism bolster its BFSI Vertical by acquisition of TLC Technologies     -     Prism Subsidiary awarded by SAP.     -     Prism bags SAP license deal in Thailand from Hongsa Power Co.     -     Leading Broking Firms pick up Equity In Prism Informatics     -     Prism Informatics - Incorporation of a wholly own Subsidiary     -     Prism Informatics enters into an agreement for acquisition     -      Prism awarded a contract by the largest German Automobile Company.     -      Prism Informatics wins contract for SAP support project In Germany     -