AccelerateBS India Ltd
Incorporated in 2022, AccelerateBS India Limited is a Digital Technology Services company offering a wide range of services to companies across the globe.[1]
- Market Cap ₹ 58.6 Cr.
- Current Price ₹ 170
- High / Low ₹ 253 / 85.0
- Stock P/E 81.4
- Book Value ₹ 11.8
- Dividend Yield 0.00 %
- ROCE 51.2 %
- ROE 13.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 14.5 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 2.80 | 6.78 | 7.31 | |
| 2.12 | 4.87 | 5.74 | |
| Operating Profit | 0.68 | 1.91 | 1.57 |
| OPM % | 24.29% | 28.17% | 21.48% |
| 0.07 | -0.89 | 0.03 | |
| Interest | 0.05 | 0.02 | 0.01 |
| Depreciation | 0.06 | 0.15 | 0.13 |
| Profit before tax | 0.64 | 0.85 | 1.46 |
| Tax % | 40.62% | 97.65% | |
| 0.39 | 0.03 | 0.72 | |
| EPS in Rs | 1.26 | 0.09 | 2.12 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 1.96 | 2.15 | 3.44 |
| Reserves | 0.22 | 1.76 | 0.60 |
| 0.33 | 0.54 | 0.02 | |
| 0.40 | 0.40 | 0.66 | |
| Total Liabilities | 2.91 | 4.85 | 4.72 |
| 0.51 | 0.40 | 0.40 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 0.60 | 0.00 | 0.00 |
| 1.80 | 4.45 | 4.32 | |
| Total Assets | 2.91 | 4.85 | 4.72 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | |
|---|---|---|
| -0.03 | -1.13 | |
| -1.17 | 0.57 | |
| 2.03 | 1.96 | |
| Net Cash Flow | 0.84 | 1.39 |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 110.80 | 103.90 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 110.80 | 103.90 |
| Working Capital Days | 67.79 | 108.21 |
| ROCE % | 51.15% |
Documents
Announcements
- Results- Un-Audited Financial Results For The Half Year Ended September 30, 2024 12 Nov
-
Non-Applicability Of Submission Of Disclosure Of Related Party Transactions
12 Nov - Non-applicability of related party transaction disclosure.
-
Statement Of Deviation Or Variation
12 Nov - Confirmation of no deviation in fund utilization.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On Tuesday, November 12, 2024
12 Nov - Board approved unaudited financial results for H1 2024.
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Board Meeting Intimation for Considering And Approving The Un-Audited Financial Results Of The Company For The Half Year Ended September 30, 2024 To Be Held On Tuesday, November 12, 2024
4 Nov - Board meeting on November 12 for financial results.
Service Portfolio[1]
A) Digital Technology Services
B) DXP (Digital Experience Platforms) Consulting and Implementation Services
C) Digital projects
D) Custom software development and consulting services
E) Delivering powerful
F) Scalable software systems