Accedere Ltd - Stock Valuation and Financial Performance

BSE: 531533 | NSE: | IT - Software | Small Cap

Accedere Share Price

88.50 -4.50 -4.84%
as on 25-Oct'24 13:44

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Accedere stock performance -

mw4me loader
P/E Ratio (SA):
354.61
Market Cap:
39.7 Cr.
52-wk low:
60
52-wk high:
103.7

Is Accedere Ltd an attractive stock to invest in?

1. Is Accedere Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Accedere Ltd is a average quality company.

2. Is Accedere Ltd undervalued or overvalued?

The key valuation ratios of Accedere Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Accedere Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Accedere 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 Accedere:

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.
Accedere Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0%0%-4.3%0.4%1%-1%0.1%0%0.3%3.2%-
Value Creation
Index
-1.0-1.0-1.3-1.0-0.9-1.1-1.0-1.0-1.0-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.10.10.10.71.50.80.60.91.52.63
Sales YoY Gr.--36.4%-28.6%1,220%131.8%-49.7%-28.6%54.6%71.8%75.3%-
Adj EPS 00-0.400.1-0.10.10-00.30.3
YoY Gr.-NANANA100%-200%NA-50%-133.3%NA-
BVPS (₹) 9.19.18.78.78.88.78.88.78.89.69.6
Adj Net
Profit
00-0.20000000.10
Cash Flow from Ops. 0000.20.80.30.80.710.4-
Debt/CF from Ops. 7.4-9.112.80.20.100000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 41.9%10.8%67%75.3%
Adj EPS NA33%60.9%NA
BVPS0.6%1.8%3.1%9.6%
Share Price 19.4% 91.5% 91% 35.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
00-4.40.40.8-0.70.70.3-0.12.62.6
Op. Profit
Mgn %
1.11.1-361.82.73.46.120.411.34.765
Net Profit
Mgn %
0.20.3-363.22.52-3.85.11.4-0.44.33.6
Debt to
Equity
0000000000-
Working Cap
Days
14,92222,25931,2292,3769721,7642,1731,067463233219
Cash Conv.
Cycle
11,25617,06623,1921,5562898881,20251317944203

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.60%

Sales growth is growing at healthy rate in last 3 years 66.97%

Sales growth is good in last 4 quarters at 120.80%

No data to display

Latest Financials - Accedere Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 -0.1
TTM Sales (₹ Cr.) 3.2 3.2
BVPS (₹.) 9.6 9
Reserves (₹ Cr.) - -
P/BV 9.18 9.87
PE 354.61 0.00
From the Market
52 Week Low / High (₹) 60.02 / 103.71
All Time Low / High (₹) 0.10 / 103.71
Market Cap (₹ Cr.) 39.7
Equity (₹ Cr.) 4.5
Face Value (₹) 10
Industry PE 34.6

Management X-Ray of Accedere:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Accedere

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales0.110.070.050.661.530.770.550.851.462.56
Operating Expenses 0.110.070.240.641.480.720.450.751.392.41
Manufacturing Costs0000.010.020.010.010.010.020.03
Material Costs0000000000
Employee Cost 0000.060.120.210.240.220.560.90
Other Costs 0.100.070.230.581.350.510.210.520.821.48
Operating Profit 00-0.190.020.050.050.090.090.070.15
Operating Profit Margin (%) 1.1%1.1%-361.0%2.7%3.4%6.1%17.1%11.2%4.7%5.9%
Other Income 00000.050.020.030.050.110.15
Interest 0000000000.01
Depreciation 00000.060.110.120.150.160.16
Exceptional Items 0000000000
Profit Before Tax 00-0.190.020.04-0.04000.010.13
Tax 00000.01-0.01-0.01-0.01-0.010.02
Profit After Tax 00-0.190.020.03-0.030.020.010.030.11
PAT Margin (%) 0.2%0.3%-363.0%2.5%2.0%-3.8%2.8%1.3%1.7%4.3%
Adjusted EPS (₹)0.00.0-0.40.00.1-0.10.00.00.10.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 4.324.324.144.154.184.154.174.184.204.31
Share Capital 4.764.764.764.764.764.764.764.764.764.49
Reserves -0.44-0.44-0.62-0.61-0.57-0.60-0.59-0.58-0.55-0.18
Minority Interest0000000000
Debt0.050.060.110.040.050.0100.0100
Long Term Debt000.110.040.050.0100.0100
Short Term Debt0.050.0600000000
Trade Payables0.110.060.020.140.420.380.370.040.040.05
Others Liabilities 0.010.040.040.080.020.020.0100.130.12
Total Liabilities 4.494.494.314.424.684.574.564.234.384.48

Fixed Assets

Gross Block0.010.010.010.020.370.520.570.850.961.08
Accumulated Depreciation0.010.010.010.010.070.180.300.440.610.76
Net Fixed Assets0000.010.300.330.270.410.360.32
CWIP 0000000000
Investments 000000.050.050.200.200.24
Inventories0000000000
Trade Receivables3.743.743.553.502.902.642.071.160.420.37
Cash Equivalents 0.0100.010.100.520.601.311.602.142.34
Others Assets0.750.740.750.810.950.950.860.861.261.20
Total Assets 4.494.494.314.424.684.574.564.234.384.48

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.01-0.010.010.170.770.310.770.7210.42
PBT 00-0.190.020.04-0.04000.010.13
Adjustment 00000.250.230.160.190.140.02
Changes in Working Capital 0.01-0.010.190.220.630.150.560.540.810.39
Tax Paid -0.0100-0.07-0.15-0.040.0500.04-0.12
Cash Flow From Investing Activity 000-0.01-0.35-0.19-0.05-0.44-0.45-0.22
Capex 000000-0.05-0.28-0.11-0.13
Net Investments 000000000-0.04
Others 000-0.01-0.35-0.190-0.15-0.35-0.05
Cash Flow From Financing Activity 000-0.070.01-0.04-0.010.01-0.01-0.01
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000-0.070.01-0.04-0.010.0100
Interest Paid 000000000-0.01
Dividend Paid 0000000000
Others 00000000-0.010
Net Cash Flow 0.01-0.010.010.090.420.070.710.290.540.20
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.010.01-4.410.390.75-0.710.360.260.652.65
ROCE (%)0.020.01-4.310.411-0.960.060.020.33.24
Asset Turnover Ratio0.020.020.010.150.340.170.120.190.340.58
PAT to CFO Conversion(x)N/AN/AN/A8.525.67N/A38.57233.333.82
Working Capital Days
Receivable Days0001,9467621,3121,56969719856
Inventory Days0000000000
Payable Days0000000000

Accedere Ltd Stock News

Accedere Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Accedere on 25-Oct-2024 13:44 is ₹88.50.
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 25-Oct-2024 13:44 the market cap of Accedere stood at ₹39.72.
The latest P/E ratio of Accedere as of 25-Oct-2024 13:44 is 354.6.
The latest P/B ratio of Accedere as of 25-Oct-2024 13:44 is 9.18.
The 52-week high of Accedere is ₹103.7 and the 52-week low is ₹60.02.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Accedere is ₹3.16 ( Cr.) .

About Accedere Ltd

E.Com Infotech India was incorporated as a private limited company in July 1983 and converted into a public limited company in November 1994. The company was earlier known as Everest Marketing, it got its present name on November 2, 2000. The worldwide group of companies includes Everest International, a sales and service distributor for Motorola cell phones in Mumbai.

It offers solutions to comply with the Basel II Accord, Sarbanes Oxley named Clause 49, the Financial Modernization Act or Gramm-Leach-Bliley Act, Health Insurance Portability and Accountability Act, The Payment Card Industry Data Security Standard, Sarbanes-Oxley Act, 2002, and the US Patriot Act.

Dealing with the top companies in India, its clients include most of the leading names of corporate India, government offices, defence, Prime Minister’s Office, ministries, railways, and oil companies, among others. On the international side, the company has been dealing mainly with US and Canadian companies. Stellar-Global Inc, a subsidiary in USA, handles the North American business.

The registered office of the company is located at 74, Whispering Palms, Lokhandwala Township, Kandivali (E), Mumbai 400101.

Business area of the company

E.Com Infotech is a software and educational consulting company, which offers solutions in access management, anti money laundering, data storage management, identity management, and the Tivoli access manager for enterprise single sign-on providing simple authentication capability across applications.

Subsidiary

Stellar-Global Inc, USA

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