Accord Synergy Ltd

Accord Synergy Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Accord Synergy Ltd

₹ 29.9 -4.93%
21 Nov 3:40 p.m.
Company website NSE - SME: ACCORD
About

Incorporated in 2014, Accord Synergy Ltd is engaged in telecom implementation activities and civil works[1]

Key Points

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

Website NSE - SM
  • Market Cap ₹ 10.4 Cr.
  • Current Price ₹ 29.9
  • High / Low ₹ 37.0 / 23.6
  • Stock P/E
  • Book Value ₹ 39.8
  • Dividend Yield 0.00 %
  • ROCE 2.53 %
  • ROE 1.92 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.75 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

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
31.39 35.48 15.49 23.57 15.29 9.67 6.58 13.57 15.55 16.32 12.94
28.78 34.44 14.52 22.10 16.77 13.49 6.42 13.28 15.22 16.04 13.89
Operating Profit 2.61 1.04 0.97 1.47 -1.48 -3.82 0.16 0.29 0.33 0.28 -0.95
OPM % 8.31% 2.93% 6.26% 6.24% -9.68% -39.50% 2.43% 2.14% 2.12% 1.72% -7.34%
0.13 0.20 0.20 0.19 0.02 0.16 0.02 0.28 0.05 0.09 0.05
Interest 0.51 0.51 0.47 0.33 0.17 0.21 0.04 0.01 0.00 0.01 0.01
Depreciation 0.38 0.19 0.33 0.21 0.24 0.24 0.23 0.23 0.21 0.17 0.07
Profit before tax 1.85 0.54 0.37 1.12 -1.87 -4.11 -0.09 0.33 0.17 0.19 -0.98
Tax % 25.95% 31.48% 29.73% 26.79% -0.53% -0.97% -33.33% -9.09% -17.65% 0.00% 0.00%
1.37 0.37 0.26 0.83 -1.86 -4.07 -0.07 0.37 0.20 0.19 -0.98
EPS in Rs 3.95 1.07 0.75 2.39 -5.36 -11.72 -0.20 1.07 0.58 0.55 -2.82
Raw PDF

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: 8%
3 Years: 20%
1 Year: 8%
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%

Shareholding Pattern

Numbers in percentages

Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
71.99% 71.99% 71.99% 71.99% 71.99% 71.99% 71.99% 71.99% 71.99% 71.99% 71.99% 71.99%
28.01% 28.01% 28.01% 28.02% 28.02% 28.02% 28.01% 28.01% 28.01% 28.01% 28.01% 28.01%
No. of Shareholders 221209203205206200188187188206220223

Documents

Announcements

Annual reports

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