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 ₹ 76.7 Cr.
- Current Price ₹ 357
- High / Low ₹ 405 / 118
- Stock P/E 639
- Book Value ₹ 18.2
- Dividend Yield 0.00 %
- ROCE 70.9 %
- ROE 5.50 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 78.3 to 45.8 days.
- Company's working capital requirements have reduced from 47.9 days to 28.0 days
Cons
- Stock is trading at 19.6 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
| Jan 2023 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 1.61 | 2.80 | 6.78 | |
| 1.25 | 2.12 | 4.87 | |
| Operating Profit | 0.36 | 0.68 | 1.91 |
| OPM % | 22.36% | 24.29% | 28.17% |
| 0.04 | 0.07 | -0.89 | |
| Interest | 0.02 | 0.05 | 0.02 |
| Depreciation | 0.03 | 0.06 | 0.15 |
| Profit before tax | 0.35 | 0.64 | 0.85 |
| Tax % | 25.71% | 40.62% | 97.65% |
| 0.26 | 0.39 | 0.03 | |
| EPS in Rs | 1.33 | 1.99 | 0.14 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 142% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -69% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 195% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Jan 2023 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 1.96 | 1.96 | 2.15 |
| Reserves | 0.09 | 0.22 | 1.76 |
| 0.34 | 0.33 | 0.54 | |
| 0.44 | 0.40 | 0.40 | |
| Total Liabilities | 2.83 | 2.91 | 4.85 |
| 0.54 | 0.51 | 0.40 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.60 | 0.00 |
| 2.29 | 1.80 | 4.45 | |
| Total Assets | 2.83 | 2.91 | 4.85 |
Cash Flows
Figures in Rs. Crores
| Jan 2023 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 0.30 | 0.00 | -1.13 | |
| 0.56 | -1.17 | 0.57 | |
| 0.29 | 2.00 | 1.96 | |
| Net Cash Flow | 1.16 | 0.84 | 1.39 |
Ratios
Figures in Rs. Crores
| Jan 2023 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 126.96 | 110.80 | |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 126.96 | 110.80 | |
| Working Capital Days | 104.29 | 67.79 | |
| ROCE % |
Documents
Announcements
-
Re-Appointment Of Secretarial Auditor And Appointment Of Internal Auditor
11h - Company in their Board Meeting held on Friday, July 26, 2024 considered and approved the Re-appointment of Amita Desai & Co. as Secretarial Auditor and …
- Corporate Action-Board recommends Bonus Issue 12h
- Board Meeting Outcome for Outcome Of Board Meeting Held On Friday, July 26, 2024 12h
- Corporate Action-Board to consider Bonus Issue 22 Jul
- Board Meeting Intimation for Consider, Approve And Recommend The Proposal To Issue Bonus Equity Shares The Company Which Is To Be Held On Friday, July 26, 2024 22 Jul
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