MarketFriction

Accel Ltd

BSE 517494 · Computers - Software & Consulting
₹12.00 -0.41%
BSE close2026-10-01
Market cap₹69.0 Cr.
P/E14.4

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales38.7841.5049.7339.2939.1638.0946.2738.6643.2640.1842.2343.25
Expenses35.5036.4445.1435.6235.4034.4842.1435.5739.9936.8639.7140.36
Operating Profit3.285.064.593.673.763.614.133.093.273.322.522.89
OPM %8.46%12.19%9.23%9.34%9.60%9.48%8.93%7.99%7.56%8.26%5.97%6.68%
Other Income0.890.21-0.030.790.250.451.911.750.35-0.130.640.37
Interest1.731.821.731.721.742.072.101.611.561.561.801.64
Depreciation1.691.781.361.411.431.491.631.611.621.551.821.49
Profit before tax0.751.671.471.330.840.502.311.620.440.08-0.460.13
Tax %29.33%24.55%34.69%22.56%29.76%16.00%73.59%25.31%-102.27%0.00%-804.35%607.69%
Net Profit0.531.250.971.030.590.410.611.210.900.083.25-0.66
EPS in Rs0.090.220.170.180.100.070.110.210.160.010.56-0.11
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1221169111155166163164169
Expenses453346497137148147152157
Operating Profit-3-2-1-2-25141818151212
OPM %-497%-98%-73%-181%-136%7%12%12%11%9%7%7%
Other Income0312216441331
Interest111004677877
Depreciation211115677676
Profit before tax-6-29-1-21695520
Tax %0%0%0%0%0%-93%-19%61%23%47%-221%
Net Profit-6-29-1-23734354
EPS in Rs-5.13-1.767.95-0.25-0.420.481.180.590.670.460.940.62
Dividend Payout %0%0%26%0%0%0%25%51%45%65%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth73%19%2%4%
Compounded Profit Growth12%40%25%70%
Stock Price CAGR9%-1%-17%-25%
Return on Equity2%6%6%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111111111111111112121212
Reserves-26-3230385855586061646557
Borrowings252941419676868716263
Other Liabilities317413743950515445
Total Liabilities12952557488211178191197192176
Fixed Assets9713103737544788898083
CWIP000012037410122
Investments0010861041121211106
Other Assets32293731227877909610186
Total Assets12952557488211178191197192176
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-2-1-18-9232312231111
Cash from Investing Activity-2-2215-7-19-63-2-5-9-2-0
Cash from Financing Activity43-1-24834-6-5-9-16-9
Net Cash Flow-00021-11-93-526-82
Free Cash Flow-4-3-28-14-18-0-0415810
CFO/OP66%39%59%-421%435%-110%613%19%92%135%84%56%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days01481061823421491058891758766
Inventory Days2131387924306158525855
Days Payable3,1631,1441,1021,278329150161160133
Cash Conversion Cycle0-2,802-901-842-692149-163-3-18-27966
Working Capital Days-697-4135261,2082,6151,154-50-11-310-31
ROCE %-52%-59%-7%-4%-2%-2%0%8%11%9%8%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.62%71.62%71.62%71.62%71.23%71.23%71.23%71.24%71.23%71.39%71.39%71.40%
DIIs0.24%0.24%0.24%0.24%0.24%0.24%0.24%0.24%0.24%0.24%0.24%0.24%
Government0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public28.12%28.12%28.11%28.12%28.51%28.51%28.52%28.52%28.52%28.35%28.35%28.35%
No. of Shareholders13,06613,18113,49313,71013,98914,23214,27114,11012,17611,97912,05211,963

Fundamentals

Market Cap₹ 69.0 Cr.
Current Price₹ 11.9
Stock P/E14.4
Book Value₹ 11.8
ROCE7.02 %
ROE9.22 %
Dividend Yield2.52 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)70%
Standalone figures.
Valuation
Market capRs 70 Cr
Enterprise valueRs 129 Cr
P/E (TTM)19.56x
Price to book1.02x
Price to sales0.41x
EV / EBITDA9.74x
EV / EBIT19.08x
EV / sales0.76x
Price to cash flow6.58x
Earnings yield5.11%
P/E, 3-year average30.24x
P/B, 3-year average1.28x
P/E, 5-year average26.19x
P/B, 5-year average1.45x
Profitability
Operating margin (excl. other income)7.42%
Operating margin (incl. other income)9.01%
EBITDA margin7.83%
Pre-tax margin0.11%
Net profit margin2.11%
Net margin, latest quarter-1.53%
ROE7.53%
ROCE6.12%
ROA2.95%
ROE, 3-year average5.40%
ROCE, 3-year average7.91%
ROA, 3-year average2.09%
ROE, 5-year average6.10%
ROCE, 5-year average8.62%
ROA, 5-year average2.32%
ROIC (approx.)17.06%
Tax rate-221.30%
Other income / net worth3.85%
Growth
Sales growth (latest year)0.93%
Profit growth (latest year)106.06%
Sales CAGR, 3 years1.88%
Sales CAGR, 5 years18.91%
Profit CAGR, 3 years17.31%
Profit CAGR, 5 years14.53%
Sales growth QoQ2.42%
Profit growth QoQ-120.31%
Sales growth YoY (latest quarter)11.87%
Profit growth YoY (latest quarter)-154.55%
Per share
EPS (TTM)Rs 0.61
EPS (latest quarter)Rs -0.11
EPS, 3-year averageRs 0.56
EPS, 5-year averageRs 0.72
Book value per shareRs 11.71
Sales per shareRs 29.03
Cash flow per shareRs 1.82
Free cash flow per shareRs 1.72
Dividend per share, 3-year averageRs 0.30
Dividend per share, 5-year averageRs 0.30
Dividends
Dividend payout, 3-year average55.29%
Dividend payout, 5-year average46.81%
Efficiency
Asset turnover0.93x
Fixed asset turnover1.97x
Inventory turnover-0.08x
Debtor days66 days
Debtors turnover5.51x
Creditor days133 days
Cash conversion cycle66 days
Working capital days-31 days
Leverage
Total debtRs 63 Cr
Cash and bankRs 4 Cr
Net debtRs 59 Cr
Debt to equity0.92x
Net debt / EBITDA4.46x
Interest coverage1.03x
Owners' fund to total sources38.66%
Debt to assets35.54%
Cash flow
Cash from Operating Activity (latest year)Rs 11 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -9 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 10 Cr
FCFE (approx.: FCF + change in debt)Rs 11 Cr
Cash from ops / profit, 5 years2.73x
Sales to cash flow15.47x
Statement figures
Net sales (TTM)Rs 169 Cr
Net sales (latest year)Rs 164 Cr
Sales (latest quarter)Rs 43 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 13 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs -4 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs -1 Cr
Total expenditure (latest year)Rs 152 Cr
Total income (latest year)Rs 167 Cr
Share capitalRs 12 Cr
ReservesRs 57 Cr
Shareholders' fundsRs 68 Cr
Total assetsRs 176 Cr
Net blockRs 83 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 6 Cr
ReceivablesRs 30 Cr
InventoryRs 7 Cr
Other liabilitiesRs 45 Cr
Shares outstanding (crore)5.82
Ownership
Promoter holding71.40% (+0.16 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 19.4 is at the 37th percentile of its own 6.3-year range (median 27.6, low 2.1, high 63.1).
P/B 1.01 is at the 42th percentile (median 1.11).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period517494Nifty 50Difference
1 week-2.0%-2.8% +0.7 pts
1 month+2.4%-6.8% +9.2 pts
3 months-10.1%-7.6% -2.5 pts
3 years-42.8%+14.2% -56.9 pts
5 years-1.6%+27.9% -29.4 pts

Red flags

F-score 6 of 8
explainLow interest cover Interest cover 1.3x in 2026
lookProfit leans on other income Other income was 155% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹43 Cr +11.9% vs Jun 2025. Net loss ₹1 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Accel Ltd?

Accel Ltd (517494) has a market capitalisation of Rs 69.0 Cr. at the 2026-10-01 close.

What is the P/E ratio of Accel Ltd?

Accel Ltd trades at a P/E of 14.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Accel Ltd's latest quarterly results?

In the Jun 2026 quarter, Accel Ltd sales was Rs 43 Cr (+11.9% vs Jun 2025) with a net loss of Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03