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Moneycontrol.com India | Chairman's Speech > Computers - Software Medium/Small > Chairman's Speech from Teledata Informatics - BSE: 532358, NSE: TELEDATAGL

Teledata Informatics

BSE: 532358  |  NSE: TELEDATAGL  |  ISIN: INE480B01022  |  Computers - Software Medium/Small

Explore Teledata Info connections « Mar 07
Chairman's Speech Year : Mar '08
It is the job of the leadership to get the strategy right and design
 the right structure. Then successful teams can tie the strategy with
 structure with very well defined systems and deliver performance with
 profit 
 
 Report for the year 2007-08
 
 It gives me great pleasure to present the highlights of Teledata
 Informatics Ltd for the year 2007-08. This is the first year, when the
 activities of Teledata Informatics Ltd, as a stand alone company are
 reviewed. After implementation of the Demerger process, two companies,
 namely Teledata Marine Systems Ltd (TMSL) and Teledata Technology
 solutions Ltd (TTSL) have been formed as separate entities. Therefore
 Teledata Informatics Ltd, now has a new focus, efficient operational
 structure and well defined markets within and outside India.
 
 The process of organizational change in the Teledata Group is both
 challenging and invigorating. During the current Financial year, the
 management invested its time and energy to monitor the process of
 reorganization, reorientation and re-engineering, to set new standards
 of performance and to develop successful teams in Teledata Informatics
 Ltd .The challenge every company faces on Demerger are
 
 a) The prospects of special core strengths in each of the demerged
 companies becoming islands of excellence and silos of expertise at the
 cost of cooperation and synergy
 
 b) The possibility of reinventing the wheel in each company, with the
 focus turned inwards
 
 c) The slide, by way of inertia and lack of creative effort, towards
 duplicating layers of bureaucracy in each company, increasing the cost
 and reducing the productivity.
 
 Our talented senior Management teams have been trained to take
 advantage of the new opportunities for each of the three companies and
 leverage, cross-sell and synergise intelligently and suitably, the
 special core strengths of the three companies in Teledata Group.
 
 During the year under review Teledata Informatics Ltd (with the
 verticals of Software Development & Services, Education, Utility,
 Networking & Communication ,TBO etc), functioned as a relisted company
 with a consolidated net worth of Rs. 414.29 Crores (about 83 million
 USD) and equity capital of Rs. 39.33 Cr (about 8 million USD), with
 19.66 Crores equity shares of Rs.2 each, with promoters share holding
 of 25.23%.
 
 Sales and Profit
 
 The annual Sales for the year ending Mar.2008 work out to Rs.1036.44
 Crores and the Profit after Tax is Rs.250.51 Crores.Though top line has
 increased by about 14%, the current years figures of sales and profit
 can not be realistically compared with the previous years figures due
 to changed entities J would like to thank every one in the Teledata
 family, for their collective performance to contain the cost, very
 effectively during the year, when Demerger puts lot of pressure on cost
 increase.
 
 Significant Events during 2007-08
 
 1.  Teledata Informatics Ltd , moved into the new premises of Teledata
 Towers at 37/1,Tambaram Main Road, Velachery ,Chennai -42, on
 28.Aug.2007.Shri T.S.Bhattacharya then Managing Director of State Bank
 of India ,kindly graced the occasion during the inaugural functions and
 declared the new premises open for Teledata Groups activities.
 Teledata Towers (Nine Floors and 50,000 Sq.ft floor space) became
 operational and departments, project teams, etc moved in.  Intelligent
 and innovative employees of Teledata , immediately got excited and
 interested in the Building Management Systems (BMS), which gave birth
 new business activity in BMS evolving .
 
 2.  Big projects for IT and services implementation were taken up or
 provided technical support in the states of Arunachal Pradesh,,
 Nagaland ,West Bengal, Madhya Pradesh .Bihar, ,Karnataka, Gujarat
 Orissa ( University) etc . It is gratifying to know that several of
 these are repeat orders .validating our service to the Customer.
 
 3.  Deloittes, Touche and Tohmatsu, Asia Pacific ( under the Deloitte
 Technology Fast 50 India 2007 Program ) have in Dec.2007 identified
 Teledata as one of the fastest growing technology company in Asia
 Pacific ( part of the honour goes to Teledata marine Systems Ltd (TMS)
 and Teledata Technology solutions Ltd (TTS).
 
 Subsidiaries of Teledata Informatics Ltd
 
 Teledata Education and Research Foundation Ltd and PT.Teledata Energy
 Services Indonesia, Indonesia, are the new subsidiaries of Teledata
 Informatics Ltd.These new subsidiaries augment the existing
 subsidiaries FXA world Plc, Net Eng Tel Co Ltd, Kryptos, Esys
 Technologies Pvt Ltd, Insoft systems, Teledata Education Management
 Systems Ltd, i-Max Networks etc .
 
 Integrating the subsidiaries with the core values, Mission and vision
 of the mother company is very essential and Teledata Informatics Ltd
 takes great care to constantly improve the synergies between all the
 entities for achieving and improving upon the goals, targets and
 standards of the company.
 
 Web EIM - Software Product and Service in Education
 
 Web EIM, now is the flagship product of Teledata Informatics Ltd . It
 is being successfully marketed in US, Thailand etc as a product and
 also as a subscription service. The product is meant for Public and
 Private schools and as our commitment to quality, web EIM is SIF
 (Schools Interoperability Framework) certified. Web EIM is product
 standard SIF enabled application. The Schools and Libraries Program of
 the Universal Service Fund of USA, commonly known as E-Rate, is
 administered by the Universal Service Administrative Company (USAC)
 under the direction of the Federal Communications Commission (FCC).
 WebEIM is an approved e- rate vendor, which paves way for increased and
 wider marketing in USA.
Source : Religare Technova

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