Accel Ltd

Accel Ltd

₹ 30.5 4.13%
26 Apr - close price
About

Incorporated in 1991, Accel Ltd is in the business of IT Service, Animation, Engineering, Realty and Academic business[1]

Key Points

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

  • Market Cap 176 Cr.
  • Current Price 30.5
  • High / Low 35.5 / 12.0
  • Stock P/E 98.6
  • Book Value 11.1
  • Dividend Yield 0.98 %
  • ROCE 10.6 %
  • ROE 3.77 %
  • Face Value 2.00

Pros

  • Company has been maintaining a healthy dividend payout of 30.0%

Cons

  • Stock is trading at 2.74 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 1.61% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
22.85 27.80 22.08 27.81 29.54 32.23 31.78 34.49 41.07 49.30 36.65 39.06 41.51
20.92 26.17 18.68 24.51 25.70 30.14 28.28 29.98 35.20 45.66 32.15 35.81 36.55
Operating Profit 1.93 1.63 3.40 3.30 3.84 2.09 3.50 4.51 5.87 3.64 4.50 3.25 4.96
OPM % 8.45% 5.86% 15.40% 11.87% 13.00% 6.48% 11.01% 13.08% 14.29% 7.38% 12.28% 8.32% 11.95%
0.89 4.90 0.42 0.61 1.95 2.65 0.48 0.31 0.28 3.66 0.13 0.82 0.32
Interest 1.51 1.62 1.40 1.38 1.33 2.42 1.46 1.72 1.78 1.84 1.80 1.76 1.86
Depreciation 1.89 2.15 1.83 1.80 1.56 1.71 1.63 1.85 1.88 1.94 1.83 1.76 1.86
Profit before tax -0.58 2.76 0.59 0.73 2.90 0.61 0.89 1.25 2.49 3.52 1.00 0.55 1.56
Tax % -48.28% -43.84% -94.92% 28.77% 13.10% -180.33% 0.00% 23.20% 32.93% 119.60% 1.00% 40.00% 26.28%
-0.85 3.97 1.14 0.52 2.53 1.70 0.89 0.97 1.67 -0.70 0.98 0.33 1.15
EPS in Rs -0.15 0.72 0.23 0.12 0.46 0.29 0.16 0.18 0.30 -0.12 0.18 0.07 0.22
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
36 45 39 19 25 6 8 7 15 71 112 157 167
37 44 39 23 24 10 12 10 19 68 99 138 150
Operating Profit -1 1 -0 -5 1 -4 -4 -3 -4 3 13 18 16
OPM % -3% 3% -0% -25% 5% -69% -57% -51% -27% 4% 12% 12% 10%
9 7 1 9 2 3 12 10 1 6 6 4 5
Interest 1 2 4 2 2 1 1 0 1 4 7 7 7
Depreciation 1 3 2 3 4 2 2 2 1 6 7 7 7
Profit before tax 5 3 -5 -1 -4 -4 4 5 -6 -2 5 8 7
Tax % 17% 41% 1% -19% -0% 0% 0% 0% -0% 48% -22% 65%
4 2 -5 -1 -4 -4 4 5 -6 -1 6 3 2
EPS in Rs 3.80 1.88 -4.65 -1.28 -3.52 -3.17 4.69 0.90 -0.97 -0.14 1.03 0.49 0.35
Dividend Payout % 16% 0% 0% 0% 0% 0% 44% 0% 0% 0% 29% 61%
Compounded Sales Growth
10 Years: %
5 Years: 82%
3 Years: 119%
TTM: 19%
Compounded Profit Growth
10 Years: %
5 Years: 21%
3 Years: 36%
TTM: -66%
Stock Price CAGR
10 Years: 19%
5 Years: 29%
3 Years: 29%
1 Year: 118%
Return on Equity
10 Years: %
5 Years: -2%
3 Years: 2%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11 11 11 11 11 11 11 11 11 11 11 12 12
Reserves -1 2 -3 -4 -8 22 28 53 48 68 78 51 53
Preference Capital 0 0 0 0 0 0 0 0 0 0 0 0
12 21 31 27 25 6 12 6 25 72 71 70 73
10 9 9 5 10 18 7 3 7 49 40 51 42
Total Liabilities 32 43 49 39 39 57 57 73 91 201 200 184 178
14 12 16 21 17 17 13 44 46 89 78 91 90
CWIP 0 2 1 2 9 0 0 1 20 37 41 0 0
Investments 0 3 3 1 0 9 3 0 0 0 5 5 5
18 26 29 15 13 32 41 28 25 74 76 88 83
Total Assets 32 43 49 39 39 57 57 73 91 201 200 184 178

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
8 -3 -0 9 9 -3 -17 4 -3 7 1 17
-9 -5 -5 -2 -6 1 15 -12 -21 -58 -3 -8
2 7 6 -7 -3 1 24 -3 16 54 -4 -8
Net Cash Flow 0 -0 1 0 -1 -0 21 -11 -8 3 -5 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 101 98 106 107 83 78 73 63 52 104 89 91
Inventory Days 159 164 360 138 79 2 61 58 52
Days Payable 242 140 258 10,220 1,861 191 348 160 164
Cash Conversion Cycle 18 122 208 107 83 -10,004 -1,709 63 -137 -183 -13 -20
Working Capital Days 77 137 167 163 34 -308 307 453 154 -14 25 34
ROCE % 22% 10% -4% -8% -7% -12% -6% -6% -2% 7% 11%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.40% 72.40% 72.35% 71.94% 71.94% 71.94% 71.94% 71.62% 71.62% 71.62% 71.62% 71.62%
0.25% 0.25% 0.25% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
27.35% 27.35% 27.40% 27.81% 27.81% 27.80% 27.80% 28.12% 28.12% 28.12% 28.12% 28.11%
No. of Shareholders 7,4348,02310,18311,59511,78512,38012,90512,96012,97713,06613,18113,493

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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