Accedere Ltd
₹ 89.0
-4.81%
22 Nov
- close price
About
Incorporated in 1983, Accedere Limited (formerly e.com Infotech Ltd) is a Cybersecurity and Technology Assurance company.
Key Points
- Market Cap ₹ 44.8 Cr.
- Current Price ₹ 89.0
- High / Low ₹ 104 / 60.0
- Stock P/E 179
- Book Value ₹ 8.81
- Dividend Yield 0.00 %
- ROCE 3.29 %
- ROE 2.58 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 219 to 52.8 days.
- Company's working capital requirements have reduced from 219 days to 58.5 days
Cons
- Stock is trading at 10.1 times its book value
- Company has a low return on equity of 1.19% 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.16 | 0.05 | 0.11 | 0.07 | 0.05 | 0.65 | 1.53 | 0.77 | 0.55 | 0.85 | 1.46 | 2.56 | 3.80 | |
| 0.16 | 0.05 | 0.11 | 0.07 | 0.24 | 0.63 | 1.48 | 0.72 | 0.46 | 0.75 | 1.40 | 2.41 | 3.49 | |
| Operating Profit | 0.00 | 0.00 | 0.00 | 0.00 | -0.19 | 0.02 | 0.05 | 0.05 | 0.09 | 0.10 | 0.06 | 0.15 | 0.31 |
| OPM % | 0.00% | 0.00% | 0.00% | 0.00% | -380.00% | 3.08% | 3.27% | 6.49% | 16.36% | 11.76% | 4.11% | 5.86% | 8.16% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.02 | 0.03 | 0.05 | 0.11 | 0.15 | 0.15 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.11 | 0.12 | 0.15 | 0.16 | 0.16 | 0.16 |
| Profit before tax | 0.00 | 0.00 | 0.00 | 0.00 | -0.19 | 0.02 | 0.04 | -0.04 | 0.00 | 0.00 | 0.01 | 0.13 | 0.30 |
| Tax % | 0.00% | 0.00% | 25.00% | -25.00% | -100.00% | 15.38% | |||||||
| 0.00 | 0.00 | 0.00 | 0.00 | -0.19 | 0.02 | 0.03 | -0.03 | 0.02 | 0.01 | 0.03 | 0.11 | 0.25 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | -0.38 | 0.04 | 0.06 | -0.06 | 0.04 | 0.02 | 0.06 | 0.22 | 0.50 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 48% |
| 5 Years: | 11% |
| 3 Years: | 67% |
| TTM: | 87% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 77% |
| TTM: | -39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 90% |
| 3 Years: | 90% |
| 1 Year: | 42% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 3% |
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 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.49 | 4.49 |
| Reserves | -0.44 | -0.44 | -0.44 | -0.44 | -0.62 | -0.61 | -0.57 | -0.60 | -0.59 | -0.58 | -0.55 | -0.18 | -0.06 |
| 0.00 | 0.03 | 0.05 | 0.06 | 0.11 | 0.04 | 0.05 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | |
| 0.09 | 0.12 | 0.12 | 0.11 | 0.06 | 0.23 | 0.45 | 0.42 | 0.42 | 0.08 | 0.22 | 0.23 | 0.40 | |
| Total Liabilities | 4.41 | 4.47 | 4.49 | 4.49 | 4.31 | 4.42 | 4.69 | 4.59 | 4.59 | 4.27 | 4.43 | 4.54 | 4.83 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.30 | 0.33 | 0.27 | 0.41 | 0.36 | 0.32 | 0.29 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | 0.20 | 0.20 | 0.24 | 0.25 |
| 4.41 | 4.47 | 4.49 | 4.49 | 4.31 | 4.41 | 4.39 | 4.21 | 4.27 | 3.66 | 3.87 | 3.98 | 4.29 | |
| Total Assets | 4.41 | 4.47 | 4.49 | 4.49 | 4.31 | 4.42 | 4.69 | 4.59 | 4.59 | 4.27 | 4.43 | 4.54 | 4.83 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.01 | -0.01 | 0.01 | -0.01 | 0.01 | 0.17 | 0.77 | 0.31 | 0.77 | 0.72 | 1.00 | 0.42 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | -0.35 | -0.19 | -0.05 | -0.44 | -0.45 | -0.22 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.07 | 0.01 | -0.04 | -0.01 | 0.01 | -0.01 | -0.01 | |
| Net Cash Flow | -0.01 | -0.01 | 0.01 | -0.01 | 0.01 | 0.09 | 0.42 | 0.07 | 0.71 | 0.29 | 0.54 | 0.20 |
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 | 8,349.38 | 27,302.00 | 12,410.00 | 19,501.43 | 25,915.00 | 1,965.38 | 691.83 | 1,251.43 | 1,373.73 | 498.12 | 105.00 | 52.75 |
| Inventory Days | 0.00 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 8,349.38 | 27,302.00 | 12,410.00 | 19,501.43 | 25,915.00 | 1,965.38 | 691.83 | 1,251.43 | 1,373.73 | 498.12 | 105.00 | 52.75 |
| Working Capital Days | 8,166.88 | 26,353.00 | 12,045.00 | 19,032.14 | 25,623.00 | 1,881.15 | 636.96 | 1,151.88 | 1,181.27 | 519.59 | 80.00 | 58.46 |
| ROCE % | 0.00% | 0.00% | 0.00% | 0.00% | -4.40% | 0.47% | 0.95% | -0.95% | 0.00% | 0.00% | 0.24% | 3.29% |
Documents
Announcements
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
19 Nov - Issuance of duplicate share certificates to shareholder.
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Corporate Announcement
18 Nov - Investor presentation for Q2 FY 24-25 results.
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Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015 Regarding New Product Launch
13 Nov - Accedere launches new product Controllo in domestic and international markets.
- Newspaper Publication Of Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2024 13 Nov
- Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2024 12 Nov
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
With its offices in USA, UAE and India, Accedere is a CPA Firm specializing in Cybersecurity with a major focus on AICPA SSAE 18 Attestation (formerly SSAE 16), SOC 1, SOC 2 Type 2 and SOC 3 Compliance Reports, ISO/IEC 27xxx Audits, Cloud Security, Privacy Compliance (HIPAA, GDPR, CCPA, etc.) and Data Security Audit Services. Company is an ISO/IEC Certification Body, SOX, Privacy, SSAE 18, SOC Auditors (Service Auditors) registered with PCAOB, and Cloud Security Alliance as Auditors for their STAR program.