Acceleratebs India Ltd - Stock Valuation and Financial Performance

BSE: 543938 | NSE: | IT - Software | Small Cap

Acceleratebs India Share Price

203.90 0.00 0.00%
as on 01-Nov'24 18:59

DeciZen - make an informed investing decision on Acceleratebs India

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Acceleratebs India stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
70.1 Cr.
52-wk low:
85
52-wk high:
253.1

Is Acceleratebs India Ltd an attractive stock to invest in?

1. Is Acceleratebs India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Acceleratebs India Ltd is a below average quality company.

2. Is Acceleratebs India Ltd undervalued or overvalued?

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.

3. Is Acceleratebs India Ltd a good buy now?

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.

10 Year X-Ray of Acceleratebs India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Acceleratebs India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'23Mar'24TTM
ROCE % 27.7%25%-
Value Creation
Index
1.00.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2.86.87
Sales YoY Gr.-142.5%-
Adj EPS 1.320.1
YoY Gr.-60.8%-
BVPS (₹) 6.911.415.1
Adj Net
Profit
0.40.70
Cash Flow from Ops. 0-1.1-
Debt/CF from Ops. -10.5-0.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA142.5%
Adj EPS NANANA60.8%
BVPSNANANA63.7%
Share Price - - - 44%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'23Mar'24TTM
Return on
Equity %
1822.80.7
Op. Profit
Mgn %
24.728.5NAN
Net Profit
Mgn %
1410.20.5
Debt to
Equity
0.20.1-
Working Cap
Days
0850
Cash Conv.
Cycle
0720

Recent Performance Summary

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%

Latest Financials - Acceleratebs India Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -
TTM Sales (₹ Cr.) 6.8 -
BVPS (₹.) 15.1 -
Reserves (₹ Cr.) 2 -
P/BV 13.49 -
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.) 70.1
Equity (₹ Cr.) 3.4
Face Value (₹) 10
Industry PE 35

Management X-Ray of Acceleratebs India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Acceleratebs India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24
Sales2.806.79
Operating Expenses 2.114.89
Manufacturing Costs0.020.03
Material Costs00
Employee Cost 1.673.06
Other Costs 0.421.80
Operating Profit 0.681.90
Operating Profit Margin (%) 24.4%28.0%
Other Income 0.070.02
Interest 0.050.02
Depreciation 0.060.15
Exceptional Items 0-0.91
Profit Before Tax 0.650.85
Tax 0.260.82
Profit After Tax 0.390.03
PAT Margin (%) 13.8%0.4%
Adjusted EPS (₹)1.20.1
Dividend Payout Ratio (%)0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24

Equity and Liabilities

Shareholders Fund 2.183.91
Share Capital 1.962.15
Reserves 0.221.76
Minority Interest00
Debt0.240.54
Long Term Debt0.240.54
Short Term Debt00
Trade Payables0.030.02
Others Liabilities 0.460.37
Total Liabilities 2.914.84

Fixed Assets

Gross Block0.570.60
Accumulated Depreciation0.060.20
Net Fixed Assets0.510.40
CWIP 00
Investments 0.600
Inventories00
Trade Receivables0.851.93
Cash Equivalents 0.842.23
Others Assets0.110.28
Total Assets 2.914.84

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24
Cash Flow From Operating Activity -0.03-1.13
PBT 0.650.85
Adjustment 0.180.35
Changes in Working Capital -0.61-2.33
Tax Paid 00
Cash Flow From Investing Activity -1.170.57
Capex -1.17-0.03
Net Investments 00
Others 00.60
Cash Flow From Financing Activity 2.031.96
Net Proceeds from Shares 1.791.70
Net Proceeds from Borrowing 0.240.24
Interest Paid 00.02
Dividend Paid 00
Others 00
Net Cash Flow 0.841.39
PARTICULARSMar'23Mar'24
Ratios
ROE (%)17.711
ROCE (%)27.6724.96
Asset Turnover Ratio0.961.75
PAT to CFO Conversion(x)-0.08-37.67
Working Capital Days
Receivable Days11275
Inventory Days00
Payable Days00

Acceleratebs India Ltd Stock News

Acceleratebs India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Acceleratebs India on 01-Nov-2024 18:59 is ₹203.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Nov-2024 18:59 the market cap of Acceleratebs India stood at ₹70.10.
The latest P/E ratio of Acceleratebs India as of 01-Nov-2024 18:59 is 0.00.
The latest P/B ratio of Acceleratebs India as of 01-Nov-2024 18:59 is 13.49.
The 52-week high of Acceleratebs India is ₹253.1 and the 52-week low is ₹85.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Acceleratebs India is ₹6.79 ( Cr.) .

About Acceleratebs India Ltd

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 

  • Digital applications
  • DXP (Digital Experience Platforms) implementations
  • Web and mobile apps
  • Cloud infrastructure - Azure and AWS
  • Quality assurance and test automation
  • WCAG accessibility testing & remediation services
  • Custom chatbots and voice bots

History and milestones

  • 2011: Formed as a Partnership Firm in the name and style of ‘Accelerate Business Solutions’.
  • 2017: Entered into Partner Agreement with Crownpeak Technology Inc, Denver, America.
  • 2021: Entered into Partner Agreement with Contentful, Germany.
  • 2022: A part of MAGNET Global Network, USA Entered into Partner Success Agreement with Optimizely, London Conversion of Partnership Firm into Private Limited Company in the name and style of ‘AccelerateBS India Private Limited’.
  • 2023: Conversion of the company from Private Limited to Public Limited Company by change of name from ‘AccelerateBS India Private Limited’ to ‘AccelerateBS India Limited’.

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