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1987

On 24th June company was incorporated as a Private Limited Co. for providing Software Development and
Consultancy Services to large orporations. The company was promoted by B Rama Raju and B Ramalinga
Raju. The company has set up two software Technology Parks, one at Mayfair Centre, Secunderabad and other
at Qutuballapur of Ranga Reddy Dist. of A.P. The company alsodeveloped a software Development center in
Bangalore. - The company is a 100% EOU under the STP scheme of the Dpt. of Electronics Government of
India and exports software to USA, Canada, Sweden and Germany etc.

1991
On 26th August it was converted into a Public Limited Company.

1992
The Company went in for a Public Issue of Equity shares. The company has set up facilities at Secunderabad,
Hyderabad and Bangalore. The Company has created infrastructural facilities consisting of workstations with
modern communication and networking equipment. - Satyam went in for a public issue of equity shares with the
main objective of setting up a software technology park and a 100 percent export oriented unit for software
development with a dedicated 64 KBPS satellite link.

1993
During the year company has entered into a joint venture agreement with Dun & Bradstrret Corp, U.S.A. for
development of softwares.

2008
Satyam Computer Services Ltd has informed that Satyam BPO, the business process outsourcing arm of
Satyam, a leading global business and information technology services Company, on April 10, 2008 announced
that it has won two prestigious Shared Services Excellence awards from the International Quality and
Productivity Council.
Satyam Computer has announced it has inked a pact with Infospectrum to give third-party maintenance, repair
and overhaul (MRO) and component repair services for the global aviation industry. -Satyam Acquires
Caterpillar Market Research & Customer Analytics Operations -Satyam Wins Innovation Award for Partner
Excellence from Software AG -Satyam launches industry's first engineering development training Program

2009
Tech Mahindra has announced the name change of scam hit Satyam Computers as Mahindra Satyam. This
ebranding exercise symbolises an amalgamation of the values of Mahindra Group with Satyam's fabled
expertise, even as it retains that part of Satyam's identity which signifies commitment, purpose and proficiency
of the anisation and its people, according to Anand Mahindra, vice-chairman and managing director of the
Mahindra Group. Mahindra Satyam stated that it has secured contracts worth Rs 38 crore in the middle east and
north america region (MENA) in Q2 of FY 2009-10. Mahindra Satyam appointed Deloitte as auditors.

Company Background - Mahindra Satyam


Industry Name Computers - Software

House Name - M&M


Group Collaborative Country Name - N.A.

Joint Sector Name - N.A.

Year Of Incorporation - 1987

Year Of Commercial Production - N.A.

Regd. Office Address :- Mahindra Satyam Infocity,, Unit - 12, Plot No. 35/36,

District - Hyderabad

State - Andhra Pradesh

Pin Code - 500081

Tel. No. - 040-30636363,040-30675022

Fax No. - 040-23117011

Email : investorservices@satyam.com

Internet : http://www.mahindrasatyam.com

Auditors - Deloitte Haskins& Sells

Company Status - N.A.

Registrars

Name:- Satyam Computer Services Ltd.

Address Mahindra Satyam Infocity, Unit - 12, Plot No. 35/36, Hi-Tech City Layout, Hyderabad -
500081, Andhra Pradesh Tel. No. : 040-30636363 Fax No. : 66833040

Email : investorservices@mahindrasatyam.net Internet : http://www.mahindrasatyam.com

Source : Dion Global Solutions Limited

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 64.89 133.44 134.10 134.80 235.20
Equity Share Capital 64.89 133.44 134.10 134.80 235.20
Share Application Money 1.78 7.85 1.83 1,230.40 1,230.50
Preference Share Capital 0.00 0.00 0.00 0.00 0.00
Reserves 4,268.75 5,648.07 7,221.71 -657.10 2,061.70
Revaluation Reserves 0.00 0.00 0.00 0.00 0.00
Net worth 4,335.42 5,789.36 7,357.64 708.10 3,527.40
Secured Loans 12.57 13.79 23.67 641.00 42.00
Unsecured Loans 0.00 0.00 0.00 0.00 0.00
Total Debt 12.57 13.79 23.67 641.00 42.00
Total Liabilities 4,347.99 5,803.15 7,381.31 1,349.10 3,569.40
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
Gross Block 1,153.16 1,280.40 1,486.53 2,155.30 1,818.90
Less: Accum. Depreciation 803.74 930.45 1,062.04 1,404.40 1,285.90
Net Block 349.42 349.95 424.49 750.90 533.00
Capital Work in Progress 76.84 290.05 458.63 389.50 373.00
Investments 155.74 201.15 493.80 93.00 726.60
Inventories 0.00 0.00 0.00 1.00 0.00
Sundry Debtors 1,122.81 1,649.86 2,223.41 1,467.20 850.50
Cash and Bank Balance 1,144.18 593.16 1,143.10 379.10 587.70
Total Current Assets 2,266.99 2,243.02 3,366.51 1,847.30 1,438.20
Loans and Advances 298.12 394.07 766.04 738.90 850.80
Fixed Deposits 1,908.15 3,366.66 3,318.58 28.50 1,504.30
Total CA, Loans & Advances 4,473.26 6,003.75 7,451.13 2,614.70 3,793.30
Deffered Credit 0.00 0.00 0.00 0.00 0.00
Current Liabilities 435.71 621.30 896.46 1,290.90 789.00
Provisions 271.56 420.45 550.28 1,208.10 1,067.50
Total CL & Provisions 707.27 1,041.75 1,446.74 2,499.00 1,856.50
Net Current Assets 3,765.99 4,962.00 6,004.39 115.70 1,936.80
Miscellaneous Expenses 0.00 0.00 0.00 0.00 0.00
Total Assets 4,347.99 5,803.15 7,381.31 1,349.10 3,569.40

Contingent Liabilities 134.45 267.20 623.28 2,350.73 1,581.00


Book Value (Rs) 133.57 86.65 109.71 -7.75 19.53
Mar Mar
Mar '07 Mar '08 Mar '09
'06 '10

12 12
12 mths 12 mths12 mths
mths mths

Income
4,634 8,137.2 8,432.5 5,107.
Sales Turnover 6,228.47
.31 8 0 60
Excise Duty 0.00 0.00 0.00 0.00 0.00
4,634 8,137.2 8,432.5 5,107.
Net Sales 6,228.47
.31 8 0 60
-
377.0
Other Income 180.82 255.43 1,063.2 -29.90
8
0
Stock Adjustments 0.00 0.00 0.00 1.00 -1.00
5,011 8,392.7 7,370.3 5,076.
Total Income 6,409.29
.39 1 0 70
Expenditure
Raw Materials 0.00 0.00 0.00 155.90 0.00
Power & Fuel Cost 26.98 34.68 47.04 61.60 46.10
2,702 4,964.8 5,592.7 3,731.
Employee Cost 3,692.92
.24 4 0 00
Other Manufacturing Expenses 31.23 34.67 36.75 528.20 178.20
544.5 1,589.6
Selling and Admin Expenses 764.67 982.49 948.70
1 0
135.0
Miscellaneous Expenses 171.62 275.85 670.20 11.50
1
Preoperative Exp Capitalised 0.00 0.00 0.00 0.00 0.00
3,439 6,306.9 8,598.2 4,915.
Total Expenses 4,698.56
.97 7 0 50
Mar Mar
Mar '07 Mar '08 Mar '09
'06 '10

12 12
12 mths 12 mths12 mths
mths mths

1,194 1,830.3
Operating Profit 1,529.91 -164.70 191.10
.34 1
-
1,571 2,085.7
PBDIT 1,710.73 1,227.9 161.20
.42 4
0
Interest 2.72 7.61 5.94 39.00 25.40
PBDT 1,568 1,703.12 2,079.8 - 135.80
.70 0 1,266.9
0
122.8
Depreciation 129.89 137.94 297.20 190.80
1
Other Written Off 0.00 0.00 0.00 0.00 0.00
-
1,445 1,941.8
Profit Before Tax 1,573.23 1,564.1 -55.00
.89 6
0
-
Extra-ordinary items 0.00 0.00 0.00 6,221.2 0.00
0
-
1,445 1,941.8
PBT (Post Extra-ord Items) 1,573.23 7,785.3 -55.00
.89 6
0
206.1
Tax 150.00 226.12 150.70 16.20
4
-
1,239 1,715.7
Reported Net Profit 1,423.23 7,935.2 -71.20
.75 4
0
3,439 6,306.9 8,442.3 4,915.
Total Value Addition 4,698.56
.97 7 0 50
Preference Dividend 0.00 0.00 0.00 0.00 0.00
229.5
Equity Dividend 231.85 234.89 67.40 0.00
6
Corporate Dividend Tax 32.02 37.55 39.86 11.40 0.00
Per share data (annualised)
3,244 6,704.7 6,738.9 11,761
Shares in issue (lakhs) 6,671.96
.50 9 5 .86
Earning Per Share (Rs) 38.21 21.33 25.59 -117.75 -0.61
350.0
Equity Dividend (%) 175.00 175.00 50.00 0.00
0
133.5
Book Value (Rs) 86.65 109.71 -7.75 19.53
7

Source : Dion Global Solutions Limited


Explore Mahindra Satyam connections

Mar Mar Mar


Mar '04 Mar '05
'06 '07 '08

12 12 12
12 mths12 mths
mths mths mths

Net Profit Before Tax 567.82 767.12 1332.71573.2 1941


6
3 .86
1029.8 1412
Net Cash From Operating Activities 434.67 643.96 785.61
3 .92
- -
Net Cash (used in)/from
-240.28 -341.18 -53.85 1678.5 641.
Investing Activities
8 22
-
Net Cash (used in)/from Financing
-94.17 -103.57 -43.94 34.10 227.
Activities
79
Net (decrease)/increase In Cash and - 501.
82.10 193.90 689.02
Cash Equivalents 605.42 86
1256.8 651.
Opening Cash & Cash Equivalents 291.81 373.90 567.81
3 41
1256.8 1153
Closing Cash & Cash Equivalents 373.90 567.81 651.41
3 .27

Management - Mahindra Satyam


Name
Designation
Vineet Nayyar
Chairman / Chair Person
C P Gurnani
Director
M Damodaran
Director

Name Designation

Ulhas N Yargop
Director
T N Manoharan
Director
Independent Director
C Achuthan

Mahindra Satyam has announced FY09 and FY10 results. The company's revenue was Rs 8812.6 crore (Rs 88126
million) and Rs 5481 crore (Rs 54810 million) in FY09 and FY10 respectively.
Its loss after tax was Rs 8176.8 crore (Rs 81768 million) and Rs 124.6 crore (Rs 1246 million) in FY09 and FY10
respectively.
Due to the restatement efforts and the extent of the fraud, there are certain exceptional items in the financial statements.
Exceptional items were Rs 79920 million and Rs 4169 million in FY09 and FY10 respectively.
Loss after tax adjusted for exceptional items was Rs 1848 million for FY09 and Profit after Tax was Rs 2923 million in
FY10.
Cash and bank balances were Rs 21768 million as on 31st March 2010.
The loan balance as of 31st March 2010 was Rs 422 crore

Mahindra Satyam Q3 net profit up 153% at Rs 59 cr

Mahindra Satyam, a subsidiary of Mahindra & Mahindra group, has reported a consolidated net profit of Rs 58.9 crore for
the quarter ended December 2010, up 153% as compared to Rs 23.3 crore in previous quarter.
Consolidated income from operations went up by nearly 3.% at Rs 1,279.3 crore from Rs 1,242.4 crore on quarter-on-
quarter basis.

Earning before interest, depreciation, tax and amortisation (EBIDTA) too increased by 11% to Rs 81.9 crore from Rs 73.5
crore (QoQ). EBITDA margin improved at 6.4% versus 5.9%.
Other income too went up significantly to Rs 87.3 crore for the quarter ended December 2010, up 179% as compared to
Rs 31.3 crore in previous quarter.

Mahindra Satyam signs contract with Omran for ERP

Mahindra Satyam today announced that its Oracle Practice has signed a contract with OMRAN, the company
mandated by Oman Government to deliver major projects and manage tourism assets and investments.
The contract will be executed in association with Bahwan IT, Mahindra Satyam''s local partner in Oman to
implement Oracle ERP, Mahindra Satyam said in a statement.
"We selected Mahindra Satyam as our partner for the Oracle ERP implementation because we recognised its
excellence and competence and the result of years of global Oracle experience. Mahindra Satyam and Oracle''s
solutions will support OMRAN at all levels and will help streamline the various units and enable an orderly
growth of our business," said Eng Wael bin Ahmed Al Lawati, Chief Executive Officer, OMRAN.
Mahindra Satyam's implementation of the ERP system will include solutions across Finance, HRMS, and
Payroll and Procurement functions.
Bobby Gupta, Vice President and Head of MENA, Mahindra Satyam said, "This contract is a manifestation of
our ability to provide specialised solutions in the field of e-governance and also underlines the upshot of our
strategic partnership with Oracle and our expertise in implementing enterprise ready Oracle solutions."
The company, however, has not declared commercial terms of the contract.

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