ACCELYA SOLUTIONS has announced its results for the year ended June 2023. Let us have a look at the detailed performance review of the company during FY22-23.
No. of Mths Year Ending | 12 Jun-22* | 12 Jun-23* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 3,684 | 4,694 | 27.4% |
Other income | Rs m | 122 | 98 | -19.3% |
Total Revenues | Rs m | 3,806 | 4,792 | 25.9% |
Gross profit | Rs m | 1,299 | 1,965 | 51.2% |
Depreciation | Rs m | 354 | 338 | -4.6% |
Interest | Rs m | 34 | 21 | -39.8% |
Profit before tax | Rs m | 1,032 | 1,704 | 65.1% |
Tax | Rs m | 270 | 437 | 61.7% |
Profit after tax | Rs m | 762 | 1,267 | 66.3% |
Gross profit margin | % | 35.3 | 41.9 | |
Effective tax rate | % | 26.2 | 25.6 | |
Net profit margin | % | 20.7 | 27.0 |
Emerging Opportunity: Bluechip Bull Run
No. of Mths Year Ending | 12 Jun-22* | 12 Jun-23* | % Change | |
---|---|---|---|---|
Networth | Rs m | 2,627 | 2,700 | 2.8 |
Current Liabilities | Rs m | 1,765 | 1,940 | 9.9 |
Long-term Debt | Rs m | 0 | 0 | 0.0 |
Total Liabilities | Rs m | 4,787 | 5,318 | 11.1 |
Current assets | Rs m | 3,336 | 3,600 | 7.9 |
Fixed Assets | Rs m | 1,451 | 1,718 | 18.4 |
Total Assets | Rs m | 4,787 | 5,318 | 11.1 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Jun-22 | Jun-23 | ||
Cash Flow from Operating Activities | Rs m | 1,182 | 1,335 | 12.9% |
Cash Flow from Investing Activities | Rs m | -732 | 132 | - |
Cash Flow from Financing Activities | Rs m | -642 | -1,324 | - |
Net Cash Flow | Rs m | -179 | 146 | - |
No. of Mths Year Ending | 12 Jun-22* | 12 Jun-23* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 246.8 | 314.4 |
TTM Earnings per share | Rs | 51.0 | 84.9 |
Diluted earnings per share | Rs | 51.0 | 84.9 |
Price to Cash Flow | x | 11.8 | 12.1 |
TTM P/E ratio | x | 17.3 | 19.9 |
Price / Book Value ratio | x | 6.7 | 7.2 |
Market Cap | Rs m | 17,665 | 19,486 |
Dividends per share (Unadj.) | Rs | 62.0 | 65.0 |
Current Ratio: The company's current ratio deteriorated and stood at 1.9x during FY, from 1.9x during FY. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 83.5x during FY, from 31.1x during FY. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company improved and stood at 46.9% during FY, from 29.0% during FY. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 63.9% during FY, from 40.6% during FY. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 24.2% during FY, from 16.6% during FY. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Jun-22* | 12 Jun-23* | |
---|---|---|---|
Current ratio | x | 1.9 | 1.9 |
Debtors’ Days | Days | 675 | 599 |
Interest coverage | x | 31.1 | 83.5 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 16.6 | 24.2 |
Return on equity | % | 29.0 | 46.9 |
Return on capital employed | % | 40.6 | 63.9 |
To see how ACCELYA SOLUTIONS has performed over the last 5 years, please visit here.
Over the last one year, ACCELYA SOLUTIONS share price has moved up from Rs 1,099.9 to Rs 1,688.2, registering a gain of Rs 588.3 or around 53.5%.
Meanwhile, the S&P BSE IT Index is trading at Rs 32,660.2 (up 0.1%). Over the last one year it has moved up from 28,188.7 to 32,660.2, a gain of 4,471 points (up 15.9%).
Overall, the S&P BSE SENSEX is up 12.7% over the year.
(To know more, check out historical annual results for ACCELYA SOLUTIONS and quarterly results for ACCELYA SOLUTIONS)
ACCELYA SOLUTIONS currently trades at Rs 1,656.6 per share. You can check out the latest share price performance of ACCELYA SOLUTIONS here...
The revenues of ACCELYA SOLUTIONS stood at Rs 4,792 m in FY, which was up 25.9% compared to Rs 3,806 m reported in FY.
ACCELYA SOLUTIONS' revenue has grown from Rs 4,420 m in FY to Rs 4,792 m in FY.
Over the past 5 years, the revenue of ACCELYA SOLUTIONS has grown at a CAGR of 2.0%.
The net profit of ACCELYA SOLUTIONS stood at Rs 1,267 m in FY, which was up 66.3% compared to Rs 762 m reported in FY.
This compares to a net profit of Rs 422 m in FY and a net profit of Rs 868 m in FY.
Over the past 5 years, ACCELYA SOLUTIONS net profit has grown at a CAGR of 4.5%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of ACCELYA SOLUTIONS reveals:
Here's the cash flow statement of ACCELYA SOLUTIONS for the past 5 years.
(Rs m) | FY | FY | FY | FY | FY |
---|---|---|---|---|---|
From Operations | 869 | 1,309 | 867 | 1,182 | 1,335 |
From Investments | -34 | -613 | -105 | -732 | 132 |
From Financial Activity | -864 | -530 | -663 | -642 | -1,324 |
Net Cashflow | -28 | 173 | 92 | -179 | 146 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of ACCELYA SOLUTIONS reveals:
Here's the ratio/financial analysis of ACCELYA SOLUTIONS for the past 5 years.
FY | FY | FY | FY | FY | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 39.2 | 37.2 | 29.4 | 35.3 | 41.9 |
Net Profit Margin (%) | 24.6 | 21.1 | 14.5 | 20.7 | 27.0 |
Debt to Equity Ratio (x) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Equitymaster requests your view! Post a comment on "ACCELYA SOLUTIONS 2022-23 Annual Report Analysis". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!