Accord Synergy Ltd
Incorporated in 2014, Accord Synergy Ltd is engaged in telecom implementation activities and civil works[1]
- Market Cap ₹ 6.68 Cr.
- Current Price ₹ 19.2
- High / Low ₹ 37.0 / 17.5
- Stock P/E
- Book Value ₹ 39.8
- Dividend Yield 0.00 %
- ROCE 2.53 %
- ROE 1.92 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.48 times its book value
- Debtor days have improved from 113 to 89.8 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -16.3% over past five years.
- Company has a low return on equity of -12.3% 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: Telecomm-Service Industry: Telecommunications - Service Provider
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2015 10m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
8.71 | 63.04 | 64.07 | 55.81 | 77.54 | 66.87 | 39.06 | 24.96 | 20.15 | 31.88 | 29.26 | |
8.17 | 57.40 | 57.96 | 50.45 | 70.78 | 63.22 | 36.61 | 30.19 | 19.70 | 31.27 | 29.93 | |
Operating Profit | 0.54 | 5.64 | 6.11 | 5.36 | 6.76 | 3.65 | 2.45 | -5.23 | 0.45 | 0.61 | -0.67 |
OPM % | 6.20% | 8.95% | 9.54% | 9.60% | 8.72% | 5.46% | 6.27% | -20.95% | 2.23% | 1.91% | -2.29% |
0.00 | 0.00 | -0.08 | -0.01 | 0.17 | 0.34 | 0.39 | 0.11 | 0.30 | 0.14 | 0.14 | |
Interest | 0.06 | 1.35 | 1.08 | 1.09 | 1.29 | 1.03 | 0.80 | 0.38 | 0.05 | 0.01 | 0.02 |
Depreciation | 0.01 | 0.24 | 0.76 | 0.96 | 1.12 | 0.56 | 0.54 | 0.48 | 0.46 | 0.38 | 0.24 |
Profit before tax | 0.47 | 4.05 | 4.19 | 3.30 | 4.52 | 2.40 | 1.50 | -5.98 | 0.24 | 0.36 | -0.79 |
Tax % | 31.91% | 33.09% | 31.98% | 35.15% | 26.11% | 27.08% | 27.33% | -0.84% | -25.00% | -8.33% | |
0.32 | 2.70 | 2.85 | 2.15 | 3.34 | 1.74 | 1.09 | -5.93 | 0.30 | 0.39 | -0.79 | |
EPS in Rs | 320.00 | 2,700.00 | 11.40 | 6.19 | 9.62 | 5.01 | 3.14 | -17.08 | 0.86 | 1.12 | -2.27 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -16% |
3 Years: | -7% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -39% |
3 Years: | -34% |
TTM: | -239% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | -15% |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | -12% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 2.50 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 |
Reserves | 0.32 | 3.04 | 3.40 | 10.41 | 13.75 | 15.48 | 16.58 | 10.65 | 10.95 | 11.34 | 10.36 |
5.95 | 11.21 | 8.42 | 9.24 | 9.57 | 7.82 | 2.95 | 1.66 | 0.00 | 0.00 | 0.00 | |
3.89 | 8.74 | 8.35 | 9.01 | 11.40 | 8.66 | 4.59 | 1.92 | 2.86 | 2.73 | 2.86 | |
Total Liabilities | 10.17 | 23.00 | 22.67 | 32.13 | 38.19 | 35.43 | 27.59 | 17.70 | 17.28 | 17.54 | 16.69 |
0.41 | 1.12 | 2.66 | 3.80 | 3.33 | 2.83 | 2.29 | 1.74 | 1.30 | 0.94 | 0.88 | |
CWIP | 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 | 0.95 | 0.00 | 0.01 | 3.97 | 7.93 | 3.14 | 3.62 | 2.52 |
9.76 | 21.88 | 20.01 | 27.38 | 34.86 | 32.59 | 21.33 | 8.03 | 12.84 | 12.98 | 13.29 | |
Total Assets | 10.17 | 23.00 | 22.67 | 32.13 | 38.19 | 35.43 | 27.59 | 17.70 | 17.28 | 17.54 | 16.69 |
Cash Flows
Figures in Rs. Crores
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
-5.42 | -2.57 | 5.81 | -2.60 | 0.63 | 2.77 | 12.09 | 3.62 | -3.85 | 0.50 | |
-0.42 | -0.96 | -2.30 | -3.06 | 0.30 | -0.07 | -3.96 | -3.96 | 4.98 | -0.39 | |
5.89 | 3.96 | -3.86 | 5.57 | -0.96 | -2.68 | -5.66 | -1.59 | -1.70 | 0.00 | |
Net Cash Flow | 0.05 | 0.44 | -0.35 | -0.08 | -0.02 | 0.02 | 2.47 | -1.92 | -0.56 | 0.11 |
Ratios
Figures in Rs. Crores
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 385.11 | 104.91 | 89.56 | 97.25 | 106.29 | 125.92 | 106.15 | 80.72 | 169.55 | 89.76 |
Inventory Days | 0.00 | |||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 385.11 | 104.91 | 89.56 | 97.25 | 106.29 | 125.92 | 106.15 | 80.72 | 169.55 | 89.76 |
Working Capital Days | 244.31 | 73.88 | 69.05 | 121.84 | 110.29 | 128.49 | 130.36 | 78.24 | 176.07 | 113.58 |
ROCE % | 52.58% | 38.07% | 23.88% | 23.40% | 12.88% | 8.52% | -29.45% | 0.60% | 2.53% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 April 2025 - Accord Synergy Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Trading Window
25 March 2025 - Accord Synergy Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
-
Trading Window-XBRL
25 March 2025 - ACCORD SYNERGY LIMITED has informed about Closure of Trading Window
-
Outcome of Board Meeting
11 March 2025 - Accord Synergy Limited has informed regarding Board meeting held on March 11, 2025.
-
Reasons for Delayed/Non-submission of Financial Results
29 January 2025 - Accord Synergy Limited has informed about reasons for Delayed/Non-submission of Financial Results
Business Overview:[1]
Company provides services related to planning, installation & commissioning, operation, modification and maintenance of telecom networks and provide manpower solutions to customers viz. technical site surveys, radio surveys, network planning, radio and core equipment (BBS, RBS 2G, 3G and LTE) installation, installation supervision and commission/ integration services to a wide variety of equipment and vendors. Company caters to most Indian telecom operators and equipment manufacturers