BSE: 543938 | NSE: | IT - Software | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Acceleratebs India Ltd is a below average quality company.
The key valuation ratios of Acceleratebs India Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Acceleratebs India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'23 | Mar'24 | TTM | |
|---|---|---|---|
| ROCE % ⓘ | 27.7% | 25% | - |
| Value Creation Index ⓘ | 1.0 | 0.8 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||
| Sales ⓘ | 2.8 | 6.8 | 7 |
| Sales YoY Gr. | - | 142.5% | - |
| Adj EPS ⓘ | 1.3 | 2 | 0.1 |
| YoY Gr. | - | 60.8% | - |
| BVPS (₹) ⓘ | 6.9 | 11.4 | 15.1 |
| Adj Net Profit ⓘ | 0.4 | 0.7 | 0 |
| Cash Flow from Ops. ⓘ | 0 | -1.1 | - |
| Debt/CF from Ops. ⓘ | -10.5 | -0.5 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 142.5% | ||||
| Adj EPS ⓘ | NA | NA | NA | 60.8% | ||||
| BVPSⓘ | NA | NA | NA | 63.7% | ||||
| Share Price | - | - | - | 66.5% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'23 | Mar'24 | TTM | |
|---|---|---|---|
| Return on Equity % ⓘ | 18 | 22.8 | 0.7 |
| Op. Profit Mgn % ⓘ | 24.7 | 28.5 | NAN |
| Net Profit Mgn % ⓘ | 14 | 10.2 | 0.5 |
| Debt to Equity ⓘ | 0.2 | 0.1 | - |
| Working Cap Days ⓘ | 0 | 85 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 72 | 0 |
No data to display
Return on Equity has declined versus last 3 years average to 0.70%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 0.1 | - |
| TTM Sales (₹ Cr.) | 6.8 | - |
| BVPS (₹.) ⓘ | 15.1 | - |
| Reserves (₹ Cr.) ⓘ | 2 | - |
| P/BV ⓘ | 11.57 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 85.00 / 253.09 |
| All Time Low / High (₹) | 68.44 / 253.09 |
| Market Cap (₹ Cr.) | 60.1 |
| Equity (₹ Cr.) | 3.4 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 36 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'23 | Mar'24 |
|---|---|---|
| Sales | 2.80 | 6.79 |
| Operating Expenses ⓘ | 2.11 | 4.89 |
| Manufacturing Costs | 0.02 | 0.03 |
| Material Costs | 0 | 0 |
| Employee Cost | 1.67 | 3.06 |
| Other Costs ⓘ | 0.42 | 1.80 |
| Operating Profit ⓘ | 0.68 | 1.90 |
| Operating Profit Margin (%) | 24.4% | 28.0% |
| Other Income ⓘ | 0.07 | 0.02 |
| Interest ⓘ | 0.05 | 0.02 |
| Depreciation ⓘ | 0.06 | 0.15 |
| Exceptional Items ⓘ | 0 | -0.91 |
| Profit Before Tax ⓘ | 0.65 | 0.85 |
| Tax ⓘ | 0.26 | 0.82 |
| Profit After Tax | 0.39 | 0.03 |
| PAT Margin (%) | 13.8% | 0.4% |
| Adjusted EPS (₹) | 1.2 | 0.1 |
| Dividend Payout Ratio (%) | 0% | 0% |
| PARTICULARS | Mar'23 | Mar'24 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 2.18 | 3.91 | ||||||||
| Share Capital ⓘ | 1.96 | 2.15 | ||||||||
| Reserves ⓘ | 0.22 | 1.76 | ||||||||
| Minority Interest | 0 | 0 | ||||||||
| Debt | 0.24 | 0.54 | ||||||||
| Long Term Debt | 0.24 | 0.54 | ||||||||
| Short Term Debt | 0 | 0 | ||||||||
| Trade Payables | 0.03 | 0.02 | ||||||||
| Others Liabilities ⓘ | 0.46 | 0.37 | ||||||||
| Total Liabilities ⓘ | 2.91 | 4.84 | ||||||||
Fixed Assets | ||||||||||
| Gross Block | 0.57 | 0.60 | ||||||||
| Accumulated Depreciation | 0.06 | 0.20 | ||||||||
| Net Fixed Assetsⓘ | 0.51 | 0.40 | ||||||||
| CWIP ⓘ | 0 | 0 | ||||||||
| Investmentsⓘ | 0.60 | 0 | ||||||||
| Inventories | 0 | 0 | ||||||||
| Trade Receivables | 0.85 | 1.93 | ||||||||
Cash Equivalents  ⓘ
| 0.84 | 2.23 | ||||||||
| Others Assetsⓘ | 0.11 | 0.28 | ||||||||
| Total Assets ⓘ | 2.91 | 4.84 | ||||||||
| PARTICULARS | Mar'23 | Mar'24 |
|---|---|---|
| Cash Flow From Operating Activity ⓘ | -0.03 | -1.13 |
| PBT ⓘ | 0.65 | 0.85 |
| Adjustment ⓘ | 0.18 | 0.35 |
| Changes in Working Capital ⓘ | -0.61 | -2.33 |
| Tax Paid ⓘ | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | -1.17 | 0.57 |
| Capex | -1.17 | -0.03 |
| Net Investments | 0 | 0 |
| Others ⓘ | 0 | 0.60 |
| Cash Flow From Financing Activityⓘ | 2.03 | 1.96 |
| Net Proceeds from Shares ⓘ | 1.79 | 1.70 |
| Net Proceeds from Borrowing ⓘ | 0.24 | 0.24 |
| Interest Paid ⓘ | 0 | 0.02 |
| Dividend Paid ⓘ | 0 | 0 |
| Others ⓘ | 0 | 0 |
| Net Cash Flow ⓘ | 0.84 | 1.39 |
| PARTICULARS | Mar'23 | Mar'24 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 17.71 | 1 | ||||||||
| ROCE (%) | 27.67 | 24.96 | ||||||||
| Asset Turnover Ratio | 0.96 | 1.75 | ||||||||
| PAT to CFO Conversion(x) | -0.08 | -37.67 | Working Capital Days | |||||||
| Receivable Days | 112 | 75 | ||||||||
| Inventory Days | 0 | 0 | ||||||||
| Payable Days | 0 | 0 | ||||||||
The company was originally formed as a partnership firm under the name and style of ‘M/s. Accelerate Business Solutions’ pursuant to a deed of partnership dated May 20, 2011, as amended from time to time. M/s. Accelerate Business Solutions was thereafter converted into a Private Limited Company ‘AccelerateBS India Private Limited’ pursuant to the provisions of Chapter XXI of the Companies Act, 2013 and fresh a certificate of incorporation dated September 09, 2022 was issued by Registrar of Companies, Central Registration Centre. Subsequently, the company has been converted into a public limited company and the name of the company changed to ‘AccelerateBS India Limited’ pursuant to a special resolution passed at the Extra-Ordinary General Meeting of the company held on March 08, 2023 and a fresh Certificate of incorporation dated April 20, 2023 issued by the Registrar of Companies, Mumbai.
The company is a Digital Technology Services company offering multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, delivering powerful and scalable software systems. It has built 100% in-house capabilities across DXP platforms like Crownpeak, Optimizely, Contentful and Strapi are the some of the industry leading enterprise DXP platforms that it specialize in. It has full-spectrum capabilities across these platforms and this includes Front-end, Middleware, Backend, DXP layers as well as custom integrations with products like Salesforce, Marketo, Brightcove, Adobe Omniture, SAP Commerce etc. It has full stack Microsoft and Node based capabilities and are engaged in doing new age decoupled builds with API first and micro services based architectures.
Further, it has also gained a lot of experience doing builds for regulated industries like Insurance, Financial Services, Pharma and Healthcare service providers. The company has also developed 100% in-house capabilities for front-end builds using React, Angular and Blazor. It is also engaged in doing Cognitive/AI based application builds like custom Chatbots, Voice bots etc. and are now part of its offering and a dedicated practice area for it and have also started offering WCAG Testing and Remediation as a service.
Business area of the company
The company is engaged in the business of providing Digital Technology Services, world class DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, delivering powerful and scalable software systems.
Services of the company
History and milestones
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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