Accelya Solutions India Ltd. share price target and research reports

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

Latest analyst research reports with target prices and PDF download for ACCELYA, BSE:532268 Accelya Solutions India Ltd.

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Accelya Solutions India Ltd.

03 May 2021

1309.80

0.56%

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. is trading below all available SMAs

Accelya Solutions India Ltd.

01 Feb 2021

1309.80

0.56%

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. is trading below all available SMAs

Accelya Solutions India Ltd.

28 Oct 2020

1309.80

0.56%

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. is trading below all available SMAs

Accelya Solutions India Ltd.

21 Aug 2020

1309.80

0.56%

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. is trading below all available SMAs

Accelya Solutions India Ltd.

15 May 2020

1309.80

0.56%

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 all available SMAs

Accelya Solutions India Ltd.

18 Mar 2020

1309.80

0.56%

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...

Accelya Solutions India Ltd. is trading below all available SMAs

Accelya Solutions India Ltd.

19 Nov 2019

1309.80

0.56%

Accelya Solutions India

Hold: Accelya Solutions India Ltd.

Recommendation Target

ICICI Securities Limited

Accelya Solutions India announced that the shareholders of its ultimate holding company - Accelya Topco including Warburg Pincus, had, on November 15, 2019, entered into an agreement for the sale of the shares and ownership of Accelya Topco to Aurora UK Bidco. Aurora UK Bidco is a private company established under the laws of Jersey, owned & controlled by Vista Equity Partners (Vista), a leading investment firm focused on enterprise software, data and technology enabled businesses. Vista Equity Partners will comply with the mandatory open offer related requirements....

Accelya Solutions India Ltd. is trading below all available SMAs

Accelya Solutions India Ltd.

07 Nov 2019

1309.80

0.56%

Accelya Solutions India

Buy: Accelya Solutions India Ltd.

Target

ICICI Securities Limited

Accelya is a leading provider of technology products and services to the travel and transport industry. Following are a few key insights into its business: 1) Business model based on annuity revenue stream helps in better revenue predictability and trims volatility, 2) pay-per use business model helps airlines to reduce upfront investments and 3) healthy return...

Accelya Solutions India Ltd. is trading below all available SMAs

Accelya Solutions India Ltd.

10 Oct 2016

1309.80

0.56%

Accelya Kale

Buy: Accelya Solutions India Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Accelya Kale (Accelya), a focused IT player in the aviation industry, is likely to be a key beneficiary of favourable macros like growing air traffic and stable crude oil prices. We expect Accelya's earnings to grow at 14.5% CAGR in FY16-18E and maintain its strong return ratio profile. We recommend BUY on the stock with a revised target price of | 1600. Ke y take aw ay from FY 16 annual repor t i) Accelya's topline grew 12.6% YoY to | 339.7 crore while net profit grew...

Accelya Solutions India Ltd. is trading below all available SMAs

Is Accelya Solutions India Ltd. worth buying?

208 Votes:

Buy 75.48%

Sell 15.38%

Hold 9.13%