Accel Ltd
Incorporated in 1991, Accel Ltd is in the business of IT Service, Animation, Engineering, Realty and Academic business[1]
- Market Cap ₹ 63.3 Cr.
- Current Price ₹ 11.0
- High / Low ₹ 20.0 / 8.85
- Stock P/E 26.3
- Book Value ₹ 11.8
- Dividend Yield 2.73 %
- ROCE 7.93 %
- ROE 1.90 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.93 times its book value
- Company has been maintaining a healthy dividend payout of 69.0%
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.94% 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39 | 19 | 25 | 6 | 8 | 7 | 15 | 71 | 112 | 157 | 167 | 163 | 169 | |
| 39 | 23 | 24 | 10 | 12 | 10 | 19 | 68 | 99 | 138 | 149 | 148 | 156 | |
| Operating Profit | -0 | -5 | 1 | -4 | -4 | -3 | -4 | 3 | 13 | 18 | 18 | 15 | 13 |
| OPM % | -0% | -25% | 5% | -69% | -57% | -51% | -27% | 4% | 12% | 12% | 11% | 9% | 8% |
| 1 | 9 | 2 | 3 | 12 | 10 | 1 | 6 | 6 | 4 | 1 | 4 | 4 | |
| Interest | 4 | 2 | 2 | 1 | 1 | 0 | 1 | 4 | 7 | 7 | 7 | 8 | 7 |
| Depreciation | 2 | 3 | 4 | 2 | 2 | 2 | 1 | 6 | 7 | 7 | 7 | 6 | 7 |
| Profit before tax | -5 | -1 | -4 | -4 | 4 | 5 | -6 | -2 | 5 | 8 | 4 | 4 | 3 |
| Tax % | -1% | 19% | 0% | 0% | 0% | 0% | 0% | -48% | -22% | 65% | 26% | 56% | |
| -5 | -1 | -4 | -4 | 4 | 5 | -6 | -1 | 6 | 3 | 3 | 2 | 2 | |
| EPS in Rs | -4.65 | -1.28 | -3.52 | -3.17 | 4.69 | 0.90 | -0.97 | -0.14 | 1.03 | 0.49 | 0.57 | 0.32 | 0.33 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 44% | 0% | 0% | 0% | 29% | 61% | 52% | 94% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 61% |
| 3 Years: | 13% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | -40% |
| TTM: | -26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -7% |
| 3 Years: | -2% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 4% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 |
| Reserves | -3 | -4 | -7 | 22 | 28 | 53 | 48 | 68 | 78 | 51 | 54 | 55 | 56 |
| 31 | 27 | 25 | 6 | 12 | 6 | 25 | 72 | 71 | 70 | 74 | 64 | 65 | |
| 9 | 5 | 10 | 18 | 7 | 3 | 7 | 49 | 40 | 51 | 51 | 54 | 44 | |
| Total Liabilities | 49 | 39 | 39 | 57 | 57 | 73 | 91 | 201 | 200 | 184 | 190 | 185 | 177 |
| 16 | 21 | 17 | 17 | 13 | 44 | 46 | 89 | 78 | 91 | 91 | 82 | 82 | |
| CWIP | 1 | 2 | 9 | 0 | 0 | 1 | 20 | 37 | 41 | 0 | 1 | 2 | 0 |
| Investments | 3 | 1 | 0 | 9 | 3 | 0 | 0 | 0 | 5 | 5 | 5 | 6 | 6 |
| 29 | 15 | 13 | 32 | 41 | 28 | 25 | 74 | 76 | 88 | 92 | 95 | 88 | |
| Total Assets | 49 | 39 | 39 | 57 | 57 | 73 | 91 | 201 | 200 | 184 | 190 | 185 | 177 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | 9 | 9 | -3 | -17 | 4 | -3 | 7 | 1 | 17 | 23 | 11 | |
| -5 | -2 | -6 | 1 | 15 | -12 | -21 | -58 | -3 | -8 | -9 | -2 | |
| 6 | -7 | -3 | 1 | 24 | -3 | 16 | 54 | -4 | -8 | -9 | -17 | |
| Net Cash Flow | 1 | 0 | -1 | -0 | 21 | -11 | -8 | 3 | -5 | 1 | 6 | -8 |
| Free Cash Flow | -6 | 2 | 2 | -4 | -20 | -8 | -24 | -52 | 1 | 9 | 15 | 9 |
| CFO/OP | 247% | -203% | 697% | 70% | 390% | -120% | 66% | 197% | -2% | 123% | 138% | 95% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 106 | 107 | 83 | 78 | 73 | 63 | 52 | 104 | 89 | 91 | 76 | 87 |
| Inventory Days | 360 | 138 | 79 | 2 | 61 | 58 | 52 | 58 | 55 | |||
| Days Payable | 258 | 10,220 | 1,861 | 191 | 348 | 160 | 164 | 159 | 135 | |||
| Cash Conversion Cycle | 208 | 107 | 83 | -10,004 | -1,709 | 63 | -137 | -183 | -13 | -20 | -25 | 7 |
| Working Capital Days | 167 | 163 | 34 | -386 | -144 | 396 | -44 | -60 | -18 | -9 | -14 | -12 |
| ROCE % | -4% | -8% | -7% | -12% | -6% | -6% | -2% | 7% | 11% | 10% | 8% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Days Sales Outstanding (DSO) Days |
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| Permanent Employees on Rolls Number ・Standalone data |
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| Service Revenue as % of Total Revenue % |
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| Realty Division - Built-up Area (Phase 1) sq. ft. ・Standalone data |
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| Corporate Clients Number ・Standalone data |
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| Customer Locations Served Number ・Standalone data |
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Documents
Announcements
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Reg 30-Board Comment On Fine Levied By BSE
1d - BSE SOP fines of Rs.4,94,182 paid; outstanding NIL; Board noted on March 31, 2026.
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Proposed Incorporation Of A Wholly Owned Subsidiary Company - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
1d - Accel to incorporate wholly-owned INFINIUUM TECHPARKS Pvt Ltd, ₹1.00 crore initial capital, for technology-park real estate (incorporation pending).
-
Closure of Trading Window
25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for quarter/year ended 31 Mar 2026.
-
Order Passed Under Section 250 Of The Income Tax Act, 1961
13 Mar - IT appeal allowed; Rs7,38,33,247 addition deleted; approximate tax benefit ~Rs1.63 crore.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
12 Mar - NCLT sanctioned Accel Media Ventures' merger into Accel Limited on Mar 10, 2026; 2:1 share swap; Appointed Apr 1, 2024.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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
from bse
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Financial Year 2011
from bse
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