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Inspirisys Solutions Ltd (INSPIRISYS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532774 NSE: INSPIRISYS IT - Software | Small Cap | Inspirisys Solutions Share Price

₹83.87 0.84 (1.01%)

As on 16-Sep'26 16:59

Inspirisys Solutions Ltd (INSPIRISYS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532774 NSE: INSPIRISYS IT - Software | Small Cap | Inspirisys Solutions Share Price

₹83.87 0.84 (1.01%)

As on 16-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹332 Cr.
Current Price
₹83.9
52-Week Low / High
₹70 / 133
TTM EPS
₹9.8
TTM Sales
₹498 Cr.
Book Value per Share
₹26.3
P/E Ratio
8.55
Lower than its 5-year historical median
Industry PE
20.9
Price to Book (P/B)
3.19
In line with its 5-year historical median
Price to Sales (P/S)
0.67
Lower than its 5-year historical median
EV/EBITDA
7.90
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
48.96%
Outperforms industry median
Return on Capital Employed (ROCE)
26.76%
Outperforms industry median
Return on Assets (ROA)
12.75%
Operating Profit Margin
7.2%
Net Profit Margin
8.17%
Gross Profit Margin
9.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
23.21%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
23.59%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
47.03%
Asset Quality
Promoter Holding
69.95%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹65 Cr.
Equity
₹39.6 Cr.
Face Value
₹10
All Time Low / High
₹17.00 / 192.60

Inspirisys Solutions stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Weak
Q.1 Is Inspirisys Solutions Ltd a good quality company?
Inspirisys Solutions Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Inspirisys Solutions Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Inspirisys Solutions Ltd vs industry peers?
Inspirisys Solutions Ltd revenue CAGR is 3.34%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Inspirisys Solutions Ltd?
Promoters hold 69.95% of the Inspirisys Solutions Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Inspirisys Solutions Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 2.4% based on the current price.

10 Year X-Ray :

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

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 1.4%43.5%11.8%12.2%6.4%5.5%22%23.7%19.4%23.6%-
Value Creation
Index
NA2.1-0.2-0.1-0.6-0.60.60.70.40.7-

Growth Parameters

Sales 363400444345326298355478378466488
Sales YoY Gr.-10%11.2%-22.3%-5.5%-8.6%19%34.5%-20.8%23.2%-
Adj EPS -7.11.42.11.70.70.24.25.46.610.19.4
YoY Gr.-NA47.2%-22.2%-56.4%-72.2%2015%26.7%22.6%53.4%-
BVPS (₹) -15.12.210.318.318.218.222.72834.644.145.1
Adj Net
Profit
-21.14.37.26.52.90.816.821.22639.937
Cash Flow from Ops. -27.2169.147.458.4133636.47620.1-
Debt/CF from Ops. -8.810.816.92.21.24.21.21.200.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 2.8%7.4%9.5%23.2%
Adj EPS NA69.5%33.6%53.4%
BVPSNA19.4%24.7%27.5%
Share Price 2.4% 12.9% 8.9% -11.9%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
61.6-22.334.912.241.120.721.12125.721
Op. Profit
Mgn %
2.63.75.86.64.938.37.36.467
Net Profit
Mgn %
-5.81.11.61.90.90.34.74.46.98.67.6
Debt to
Equity
-5.326.74.41.410.80.50.400-
Working Cap
Days
22222221327324823118716019315793
Cash Conv.
Cycle
1069278957273685320-238

Valuation of Inspirisys Solutions - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales589510546458404342372490388476
Operating Expenses > + 561506527441392345343458360442
Manufacturing Costs75657111499938410366
Material Costs2542192701561358611019583152
Employee Cost 167140134126125125114123120126
Other Costs > 6582524533413537151157
Operating Profit > 283191811-329332834
Operating Profit Margin (%) 4.8%0.7%3.6%3.9%2.8%-0.9%7.8%6.7%7.2%7.2%
Other Income > + 278105554917
Exceptional Items > -1-160000000-4
Interest > 2519181411881198
Depreciation > 15758756555
Profit Before Tax > -11-3146-1-1220212335
Tax > 4-43332245-3-4
Profit After Tax -141212-3-1316162639
PAT Margin (%) -2.4%2.4%0.1%0.5%-0.7%-3.9%4.4%3.3%6.8%8.2%
Adjusted EPS (₹)-8.23.30.20.6-0.7-3.4-0.60.98.010.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + -48-37-1218151-82959100
Share Capital 30303440404040404040
Reserves -78-67-46-22-24-39-48-101961
Debt +24918217613092105102828079
Long Term Debt6442525833668078
Short Term Debt1851411247289102977601
Minority Interest27000000000
Trade Payables686410957592748614399
Others Liabilities 1037397102806770958368
Total Liabilities 399283370307247200212268264346

Fixed Assets

Net Fixed Assets +39252222171816141110
Gross Block52464759596466475357
Accumulated Depreciation13212537424550344247
CWIP 0012400120
Investments 000000004487
Inventories38151310644433
Trade Receivables1661262061339565839885138
Cash Equivalents 4991215312232593513
Others Assets 106107117124959077928496
Total Assets 399283370307247200212268264346
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 84704272-1218293923
PBT -9-1546-1-1220202337
Adjustment 5149242519176111312
Changes in Working Capital -2721-232336-16-101-0-16
Tax Paid -7-8-4-1118-12-33-9
Cash Flow From Investing Activity + -853-3-430-13-46-32
Capex -85-2-5-5-2-3-4-3-1
Net Investments 0-431142-10-45-32
Others -0411001221
Cash Flow From Financing Activity + 16-911-36-530-111-15-1
Net Proceeds from Shares 002631000000
Net Proceeds from Borrowing -4-1572-0-0-414-21
Interest Paid -27-16-16-12-10-9-8-11-9-5
Dividend Paid 0000000000
Others 47-61-17-57-4391-3-53
Net Cash Flow 16-394316-9817-22-11
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)N/AN/AN/A80.07-17.38-166.02N/A156.4160.1948.96
ROCE (%)N/AN/AN/A12.437.59-3N/A30.9625.4926.76
Asset Turnover Ratio1.571.51.671.351.461.531.812.041.461.56
PAT to CFO Conversion(x)N/A3.92021N/AN/A1.131.811.50.59
Working Capital Days
Receivable Days98.90104.30110.70134.90102.9085.2072.8067.608685.40
Inventory Days23.1019.109.3097.205.503.902.803.402.40
Payable Days95.50110.50117.20194.40157.80184.20125102.30227.90170.30

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Inspirisys Solutions Ltd FAQs

The current trading price of Inspirisys Solutions on 16-Sep-2026 16:59 is ₹83.87.

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 15-Sep-2026 the market cap of Inspirisys Solutions stood at ₹332.3 Cr

The latest P/E ratio of Inspirisys Solutions as of 15-Sep-2026 is 8.96.

The latest P/B ratio of Inspirisys Solutions as of 15-Sep-2026 is 1.86.

The 52-week high of Inspirisys Solutions is ₹133.3 and the 52-week low is ₹70.48.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Inspirisys Solutions is ₹488 ( Cr.) .

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

The key valuation ratios of Inspirisys Solutions Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Inspirisys Solutions Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Inspirisys Solutions Ltd

Accel Frontline was incorporated as Accel Automation in the year 1991. Five engineers with more than 50 years of combined experience in the IT industry came together with a vision to build an organization focusing on IT services. The company commenced operations by providing multi-vendor services for computers systems.

Multi-location operations commenced in 1992 with offices in Coimbatore and Thiruvananthapuram. Having identified opportunities in hardware infrastructure solutions and system integration, the company took over a computer manufacturing unit from Kothari group of companies in 1993 to provide system integration and product solutions.

In 1996, Accel forayed into software by setting up an application development center in Chennai. The company also expanded its operations to various parts of South India.

In 1997, the company decided to expand its service network nationally. This resulted in Accel acquiring a Delhi based company named Athreya Technologies and Industrial Development Private – an offshoot of India Telecomp, which provided a base for Accel in all major cities of North India.

In 1998, Accel acquired the services business of Network, an HCL Group company focusing in office automation products and services. This provided the company with a national footprint of 16 offices and 250 trained engineers. The company’s turnover crossed USD 10 million in 1998.

In 1999, the company raised private equity from one of India’s largest venture capital funds - ICICI Ventures. During this year Accel acquired the Systems and Engineering Services business of Fujitsu ICIM in India, which was at one time the country’s largest IT Company. The IT business of Accel was re-organized in to Accel ICIM Systems & Services after this acquisition and Accel then became the holding company. The key management team was moved from Accel & Fujitsu ICIM to Accel ICIM Systems & Services.

In 2000, Accel crossed the $25 million turnover milestone and established itself as a leading enterprise IT services company operating in the corporate segment with one of the largest network of offices in India. The company received strategic investment from Intel Capital.

From 2001 to 2003 the company focused on institutionalizing the organization and consolidating its position as a leading systems integration and infrastructure services company. The company reached a turnover of Rs 150 crores for the year ended 31st March 2003. It forged alliances with Sun Microsystems, Oracle, JD Edwards, Citrix etc, to provide Enterprise IT solutions and software services. It also started operations in Dubai and Singapore to create a market for its software services.

In the year 2004, the company forged a strategic alliance with Singapore based Frontline Technologies Corporation (FTC) and made Accel ICIM a joint venture between Accel and FTC and changed the name to Accel ICIM Frontline. FTC is a leading IT services company listed on the Singapore Exchange Main Board with a group turnover of US$ 200 Mn. Frontline has operations in five countries spread across the Far East and China.

The joint venture would help Accel ICIM financially as well as for its business expansions. As part of the joint venture agreement, Frontline invested in the equity of Accel ICIM to improve its long-term viability and profitability and introduced an array of new support offerings through the Indian arm.

The name of the company changed to Accel Frontline with effect from 01.11.2005 to reflect the new direction.

The year 2004-2005 witnessed the emergence of the Software Division as a major business unit within Accel Frontline. The company was assessed at SEI CMMi Level 5 for its Enterprise Software Solutions practice. Major long-term software contracts were awarded to the company and the manpower resource of the software group grew to more than 300 professionals in 2005.

Major steps initiated by the company to improve process quality and manpower competence resulted in the company securing ISO-9001 for its IT Services division and SEI CMMi Level 5 for its Software Division.

For the third year in a row Accel Frontline was adjudged among the top 10 IT employers in India by Dataquest in September 2005, in its national Employee Satisfaction Survey conducted for the Indian IT Industry.

Strategic Business Units

The company has organized its business into four strategic business units to help enterprises boost performance and enhance operational efficiency through optimal use of information technology. The strategic business units are aimed at giving customers the ability to choose from the best services available while the company stays focused and remains profitable in its various practice domains.  SBU 1 – IT Infrastructure SolutionsSBU 2 – Infrastructure Management ServicesSBU 3 – Enterprise Software Solutions

SBU 1 - IT Infrastructure Services (IIS)

Whether it is enhancing operational efficiency, handling exponential data growth, tackling security issues or improving service availability, Accel Frontline helps its customers to assess, build and optimize their IT infrastructure to drive business growth cost effectively. The IIS division provides end-to-end solutions for all IT Infrastructure and Integration needs of corporate and government customers.

SBU 2 - Infrastructure Management Services (IMS)

Accel Frontline has established and time-tested practices for IT infrastructure management that include onsite and offsite service delivery methodologies to ensure that customers’ requirements are met. The objective of this service is to manage enterprise infrastructures from an availability, manageability and performance perspective. A host of services devised to meet diverse customer requirements spans simple reporting of basic level availability of technology infrastructure to advanced system administration activities, to managed and hosting services.

SBU 3 - Enterprise Software Solutions (ESS)

With a CMMi Level 5 Software development and delivery practice, and with the experience of having executed important software development and ERP delivery projects, Accel Frontline is well entrenched in the enterprise application software space. Accel's dedicated teams from the 300-strong and growing number of software professionals, focus on ERP consulting, custom application development and services.

Clients of the company

Accel Frontline has got a prestigious client list of over 2,000 including Bajaj Electricals, Titan Industries, BHEL, Hindalco, TISCO, Greaves India, CESC, ONGC, TVS, LIC, and SBI among others.

Milestones:

  • 1991 - Incorporation of the company
  • 1992 - Commencement of multi-location operations with offices in Coimbatore and Thiruvananthapuram
  • 1993 - The company takes over a computer manufacturing unit from Kothari group of companies
  • 1996 - The company forays in software business
  • 1997 - The company decides to expand its service network nationally
  • 1998 - The company acquires the services business of Network, an HCL Group company
  • 1999 - The company raises private equity from ICICI Ventures
  • 1999 - The company acquires the systems and engineering services business of Fujitsu ICIM in India
  • 1999 - Accel re-organizes its IT business in to Accel ICIM Systems & Services and Accel then becomes the holding company
  • 2001 to 2003 - The company achieves a turnover of Rs 150 crore. Starts operations in Dubai and Singapore to create a market for its software services
  • 2004 - The company forges a strategic alliance with Frontline Technologies Corporation (FTC) and makes Accel ICIM a joint venture between Accel and FTC and changes its name to Accel ICIM Frontline
  • 2005 - The company changes its name to Accel Frontline to reflect the new direction
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