Accel Ltd

Accel Ltd

₹ 22.3 -2.53%
24 Dec - close price
About

Incorporated in 1991, Accel Ltd is in the business of IT Service, Animation, Engineering, Realty and Academic business[1]

Key Points

Business Overview:[1][2]
Accel is a multi-vendor IT Infrastructure Services Company in Chennai with presence in domestic and international markets. Company's businesses include Accel Media, Accel Realty, Accel Academy and Cetronics Technologies. Company also has a realty division focusing on providing ready-to-use plug and play IT space, in their own built-up space in KINFRA SEZ, Trivandrum

  • Market Cap 129 Cr.
  • Current Price 22.3
  • High / Low 35.5 / 18.6
  • Stock P/E 31.1
  • Book Value 13.1
  • Dividend Yield 1.34 %
  • ROCE 9.21 %
  • ROE 6.16 %
  • Face Value 2.00

Pros

  • Company has been maintaining a healthy dividend payout of 40.5%

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -0.39%
  • Company has a low return on equity of 6.78% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
27.75 29.18 31.92 31.25 34.22 40.89 49.02 36.32 38.78 41.50 49.73 39.29 39.16
24.13 25.17 29.56 27.76 29.56 34.81 45.38 31.89 35.50 36.44 45.14 35.62 35.40
Operating Profit 3.62 4.01 2.36 3.49 4.66 6.08 3.64 4.43 3.28 5.06 4.59 3.67 3.76
OPM % 13.05% 13.74% 7.39% 11.17% 13.62% 14.87% 7.43% 12.20% 8.46% 12.19% 9.23% 9.34% 9.60%
0.50 1.99 1.60 0.63 0.41 0.26 3.17 0.19 0.89 0.21 -0.03 0.79 0.25
Interest 1.64 1.75 1.82 1.83 2.10 2.17 0.54 1.76 1.73 1.82 1.73 1.72 1.74
Depreciation 1.60 1.47 1.66 1.56 1.78 1.81 1.87 1.76 1.69 1.78 1.36 1.41 1.43
Profit before tax 0.88 2.78 0.48 0.73 1.19 2.36 4.40 1.10 0.75 1.67 1.47 1.33 0.84
Tax % 11.36% 9.35% -50.00% 0.00% 23.53% 31.78% 97.50% 0.91% 29.33% 24.55% 34.69% 22.56% 29.76%
0.78 2.52 0.71 0.74 0.91 1.62 0.11 1.09 0.53 1.25 0.97 1.03 0.59
EPS in Rs 0.14 0.44 0.12 0.13 0.16 0.28 0.02 0.19 0.09 0.22 0.17 0.18 0.10
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2 1 1 1 2 2 1 1 69 111 155 166 170
3 2 4 4 5 3 3 4 64 97 137 148 153
Operating Profit -1 -1 -3 -3 -2 -1 -2 -2 5 14 18 18 17
OPM % -71% -51% -432% -497% -98% -73% -181% -136% 7% 12% 12% 11% 10%
2 0 -0 0 3 12 2 1 6 4 4 1 1
Interest 2 2 1 1 1 1 0 0 4 6 7 7 7
Depreciation 5 4 3 2 1 1 1 1 5 6 7 7 6
Profit before tax -7 -7 -7 -6 -2 9 -1 -2 1 6 9 5 5
Tax % 0% 0% 0% 0% 0% 0% 0% 0% -93% -19% 61% 23%
-7 -7 -7 -6 -2 9 -1 -2 3 7 3 4 4
EPS in Rs -5.93 -6.11 -6.41 -5.13 -1.76 7.95 -0.25 -0.42 0.48 1.18 0.59 0.67 0.67
Dividend Payout % 0% 0% 0% 0% 0% 26% 0% 0% 0% 25% 51% 45%
Compounded Sales Growth
10 Years: 61%
5 Years: 173%
3 Years: 34%
TTM: 3%
Compounded Profit Growth
10 Years: 10%
5 Years: 37%
3 Years: 62%
TTM: 24%
Stock Price CAGR
10 Years: 11%
5 Years: 31%
3 Years: 1%
1 Year: -2%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 7%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 11 11 11 11 11 11 12 12 12
Reserves -12 -19 -26 -32 30 38 58 55 58 60 61 64 64
17 21 25 29 4 1 4 19 67 68 68 71 68
5 4 3 1 7 4 1 3 74 39 50 51 48
Total Liabilities 20 17 12 9 52 55 74 88 211 178 191 197 191
15 12 9 7 13 10 37 37 54 47 88 89 84
CWIP 0 0 0 0 0 0 1 20 37 41 0 1 1
Investments 0 0 0 0 10 8 6 10 41 12 12 11 11
5 5 3 2 29 37 31 22 78 77 90 96 94
Total Assets 20 17 12 9 52 55 74 88 211 178 191 197 191

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 -6 -2 -1 -1 8 -9 2 32 5 12 23
-0 -1 -2 -2 2 15 -7 -19 -63 -14 -5 -9
-4 6 4 3 -1 -2 4 8 34 2 -5 -9
Net Cash Flow -0 -0 -0 0 0 21 -11 -9 3 -8 2 6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 47 32 0 148 106 182 342 149 105 88 91 75
Inventory Days 213 138 79 243 0 61 58 52 58
Days Payable 3,163 1,144 1,102 1,278 329 150 161 160
Cash Conversion Cycle 47 32 0 -2,802 -901 -842 -692 149 -163 -3 -18 -27
Working Capital Days -2,192 -973 -697 -413 526 1,208 2,615 1,472 -20 34 38 35
ROCE % -34% -33% -52% -59% -7% -4% -2% -2% 0% 8% 11% 9%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.35% 71.94% 71.94% 71.94% 71.94% 71.62% 71.62% 71.62% 71.62% 71.62% 71.62% 71.23%
0.25% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24%
0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
27.40% 27.81% 27.81% 27.80% 27.80% 28.12% 28.12% 28.12% 28.12% 28.11% 28.12% 28.51%
No. of Shareholders 10,18311,59511,78512,38012,90512,96012,97713,06613,18113,49313,71013,989

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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