Accelya Solutions India Ltd. News and Updates

Name: Latest research reports of Accelya Solutions India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Accelya Solutions India Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Accelya Solutions India Ltd. from all sources in a single place.

Load latest

Accelya Solutions India Ltd.

03 May 2021

1392.00

-0.16%

Accelya Solutions India

Buy: Accelya Solutions India Ltd.

Target

ICICI Securities Limited

Accelya partners with airlines right from the time a ticket or an airway bill is issued, all the way through its entire life cycle until the data is converted into actionable decision support. Since majority of its revenues is from the airline vertical, revenues were severely impacted by the ongoing crisis and travel restrictions. However, the company is witnessing improving revenue growth on a QoQ basis from Q2FY21 onwards. In the current quarter also, Accelya witnessed an improvement in revenues mainly led by a recovery in worldwide passenger volumes. Going forward, we expect travel demand to...

Accelya Solutions India Ltd.'s price crossed above 30Day SMA today

Accelya Solutions India Ltd.

01 Feb 2021

1392.00

-0.16%

Accelya Solutions India

Buy: Accelya Solutions India Ltd.

Recommendation Target

ICICI Securities Limited

Accelya reported Q2FY21 results (June ending). Revenues registered healthy improvement of 19.6% QoQ to | 71.1 crore mainly led by recovery in airline industry. EBITDA margins improved from 18.4% in Q1FY21 to 31.7% in Q2FY21. PAT increased from | 2 crore in Q1FY21 to | 10.9 crore in Q2FY21 mainly due to expansion in operating margins. The company has declared a special interim dividend of | 35/share. The company's CFO Gurudas Shenoy will be moving to a new role within the Accelya group (Farelogix Inc., (US)) and has stepped down as the CFO of the company....

Accelya Solutions India Ltd.'s price crossed above 30Day SMA today

Accelya Solutions India Ltd.

28 Oct 2020

1392.00

-0.16%

Accelya Solutions India

Hold: Accelya Solutions India Ltd.

Recommendation Target

ICICI Securities Limited

Accelya reported dismal Q1FY21 (June ending) results mainly led by exposure to airline sector. Revenues fell 5.1% QoQ, 46.7% YoY to | 59.2 crore mainly led by higher refund income in previous quarter. EBIT margins were at 3.4% vs. 4.5% in Q4FY20. Employee cost increased in the quarter due to restoration of salaries (compared to salary cuts in previous quarter). PAT declined 42.5% QoQ to | 2.0 crore mainly led by higher tax expenses....

Accelya Solutions India Ltd.'s price crossed above 30Day SMA today

Accelya Solutions India Ltd.

24 Aug 2020

1392.00

-0.16%

Buy Accelya Solutions; target of Rs 1200: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Accelya Solutions recommended buy rating on the stock with a target price of Rs 1200 in its research report dated August 21, 2020.

Accelya Solutions India Ltd. is trading below its 30 day SMA of 1401.3

Accelya Solutions India Ltd.

21 Aug 2020

1392.00

-0.16%

Accelya Solutions India

Buy: Accelya Solutions India Ltd.

Recommendation Target

ICICI Securities Limited

Accelya reported dismal Q4FY20 (June ending) results mainly led by exposure to airline sector. Revenues fell 44.7% QoQ, 42.4% YoY to | 62.8 crore. EBIT margins were at 4.5% vs. 28.9% in Q3FY20. PAT declined 85.0% QoQ to | 3.6 crore. Due to challenging times, the company has not declared...

Accelya Solutions India Ltd.'s price crossed above 30Day SMA today

Accelya Solutions India Ltd.

21 May 2020

1392.00

-0.16%

Accelya Kale Consolidated March 2020 Net Sales at Rs 113.81 crore, up 7.14% Y-o-Y

Moneycontrol

NULL

Accelya Solutions India Ltd.'s price crossed above 30Day SMA today

Accelya Solutions India Ltd.

15 May 2020

1392.00

-0.16%

Accelya Kale Consolidated March 2020 Net Sales at Rs 113.81 crore, up 7.14% Y-o-Y

Moneycontrol

NULL

Accelya Solutions India Ltd.'s price crossed above 30Day SMA today

Accelya Solutions India Ltd.

15 May 2020

1392.00

-0.16%

Accelya Solutions India

Sell: Accelya Solutions India Ltd.

Recommendation Target

ICICI Securities Limited

Accelya Solution (Accelya) reported poor results on profitability front. Revenues were flat at | 113.8 crore while EBITDA margins declined 336 bps QoQ to 36.5% leading to an overall decline of 8.1% QoQ in rupee terms. In addition, profit before tax declined 12.2% QoQ, 20.6% YoY to | 32.2 crore. PAT declined 12.4% QoQ, 10.6% YoY to | 23.7 crore. We believe the key reason for this poor profitability performance is the company's exposure to travel vertical (especially exposure to airlines) that has been severely impacted due to Covid-19 crisis. The company expects Q4FY20E (June...

Accelya Solutions India Ltd. is trading below its 30 day SMA of 1401.3

Accelya Solutions India Ltd.

18 Mar 2020

1392.00

-0.16%

Accelya Solutions India

Hold: Accelya Solutions India Ltd.

Target

ICICI Securities Limited

The spread of Covid-19 has led to lockdowns in many countries globally and could have adverse economic implications. In addition, the recent fall in crude prices could also have an adverse impact of fiscal health of oil producing countries. As a result, IT companies, which have considerable exposure to verticals such as oil, energy & utilities; banking & capital markets; manufacturing and travel & transport could see an adverse impact from the ongoing crisis. Companies like Wipro, Infosys in large cap and MindTree, NIIT Tech, Sonata software, Cyient, Accelya Solutions among...