949.50
-3.24%
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 In.. has an average target of 1200.00 from 1 broker.
949.50
-3.24%
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
949.50
-3.24%
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 In.. has an average target of 1200.00 from 1 broker.
949.50
-3.24%
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
949.50
-3.24%
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
949.50
-3.24%
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...
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Accelya Solutions In.. has an average target of 1200.00 from 1 broker.
949.50
-3.24%
Karvy
Rally in passenger and cargo traffic volumes would uplift the transactions and drive the topline: Revenue grew at a CAGR of 8.2% during FY11-FY15, and we expect the revenue would further grow by 6.9% CAGR during FY15-FY17E, on the back of increasing passenger / air cargo traffic volumes and strengthening airline industry. Post acquisition in FY11, Kale consultants became a part of Accelya group.
Accelya Solutions India Ltd. is trading below all available SMAs
949.50
-3.24%
Accelya Solutions In.. has an average target of 1200.00 from 1 broker.