Accel (BSE 517494)₹10.82+3.34%Computers - Software & Consulting
In the Jun 2026 quarter (consolidated), Accel reported sales of ₹43.42 Cr, up 10.8% from Jun 2025, and net profit of −₹0.56 Cr, down 147.1% year on year. For the year to Mar 2026, sales were ₹165 Cr and net profit ₹4.99 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39.20 | 41.67 | 50.09 | 39.52 | 39.44 | 38.41 | 46.33 | 39.20 | 43.85 | 40.43 | 41.47 | 43.42 |
| Expenses | 35.82 | 36.56 | 45.57 | 35.91 | 35.75 | 34.67 | 42.56 | 35.89 | 40.35 | 37.12 | 38.95 | 40.35 |
| Operating Profit | 3.24 | 4.95 | 4.30 | 3.49 | 3.53 | 3.58 | 3.56 | 3.15 | 3.27 | 3.17 | 2.42 | 2.88 |
| OPM % | 8.4% | 12.0% | 8.7% | 9.0% | 9.1% | 9.5% | 7.8% | 8.1% | 7.6% | 7.9% | 5.9% | 6.7% |
| Other Income | 0.83 | 0.33 | 0.25 | 0.97 | 0.69 | 0.48 | 1.92 | 1.78 | 0.36 | −0.11 | 0.65 | 0.47 |
| Interest | 1.75 | 1.85 | 1.74 | 1.75 | 1.77 | 2.12 | 2.14 | 1.64 | 1.60 | 1.60 | 1.65 | 1.63 |
| Depreciation | 1.75 | 1.85 | 1.42 | 1.47 | 1.49 | 1.55 | 1.68 | 1.66 | 1.67 | 1.61 | 1.61 | 1.48 |
| Profit before tax | 0.54 | 1.57 | 1.38 | 1.23 | 0.93 | 0.36 | 1.65 | 1.60 | 0.35 | −0.16 | −0.22 | 0.23 |
| Tax % | 40.0% | 26.3% | 37.2% | 24.6% | 26.6% | 21.7% | 103.7% | 25.5% | −132.4% | 0.0% | −1,761.9% | 359.1% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.99 | 0.00 | 0.00 |
| Net Profit | 0.32 | 1.14 | 0.85 | 0.92 | 0.68 | 0.28 | −0.07 | 1.19 | 0.78 | −0.14 | 3.48 | −0.56 |
| EPS (Rs) | 0.06 | 0.20 | 0.15 | 0.17 | 0.13 | 0.04 | 0.00 | 0.20 | 0.13 | 0.00 | 0.58 | −0.09 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.02 | 8.04 | 7.03 | 15.05 | 71.33 | 112 | 157 | 168 | 164 | 165 | 169 |
| Expenses | 9.99 | 12.01 | 9.99 | 18.99 | 68.06 | 98.97 | 138 | 149 | 148 | 152 | 157 |
| Operating Profit | −3.99 | −3.99 | −2.99 | −3.99 | 2.99 | 12.96 | 17.96 | 17.94 | 14.96 | 11.97 | 11.74 |
| OPM % | −68.9% | −56.9% | −51.0% | −26.9% | 4.4% | 12.1% | 12.1% | 11.1% | 9.1% | 7.0% | 6.9% |
| Other Income | 3.01 | 12.03 | 10.02 | 1.01 | 6.01 | 6.02 | 4.01 | 1.01 | 4.01 | 3.01 | 1.37 |
| Interest | 0.99 | 0.99 | 0.00 | 0.99 | 3.99 | 6.98 | 6.98 | 6.98 | 7.98 | 6.98 | 6.48 |
| Depreciation | 1.99 | 1.99 | 1.99 | 0.99 | 5.99 | 6.99 | 6.99 | 6.99 | 5.99 | 6.99 | 6.37 |
| Profit before tax | −3.99 | 4.01 | 4.99 | −5.99 | −1.99 | 5.01 | 8.01 | 4.01 | 4.01 | 2.01 | 0.20 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | −48.0% | −22.0% | 65.0% | 26.0% | 56.0% | −235.0% | — |
| Exceptional items | 0.99 | 8.99 | 8.99 | 0.00 | 3.99 | 0.00 | 0.00 | −0.99 | 0.99 | −0.99 | −0.99 |
| Net Profit | −3.99 | 3.99 | 4.99 | −5.99 | −0.99 | 5.98 | 2.99 | 2.99 | 1.99 | 4.99 | 3.56 |
| EPS (Rs) | −3.16 | 4.68 | 0.89 | −0.96 | −0.13 | 1.02 | 0.48 | 0.56 | 0.31 | 0.92 | 0.62 |
| Dividend payout % | 0.0% | 44.0% | 0.0% | 0.0% | 0.0% | 29.0% | 61.0% | 52.0% | 94.0% | 0.0% | — |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.98 | 10.97 | 10.97 | 10.97 | 10.98 | 10.98 | 11.98 | 11.96 | 11.98 | 11.96 |
| Reserves | 21.96 | 27.97 | 52.94 | 47.94 | 67.92 | 77.94 | 50.92 | 53.90 | 54.94 | 56.96 |
| Borrowings | 5.99 | 11.98 | 5.99 | 24.95 | 71.91 | 70.89 | 69.86 | 73.85 | 63.88 | 62.96 |
| Other Liabilities | 17.96 | 6.97 | 3.02 | 7.04 | 48.91 | 39.80 | 51.01 | 51.11 | 54.02 | 45.93 |
| Total Liabilities | 56.89 | 56.89 | 72.92 | 90.90 | 201 | 200 | 184 | 190 | 185 | 177 |
| Fixed Assets | 16.98 | 12.99 | 43.99 | 45.99 | 89.03 | 77.93 | 90.97 | 90.97 | 82.03 | 83.99 |
| CWIP | 0.00 | 0.00 | 0.99 | 19.95 | 36.90 | 40.85 | 0.00 | 0.99 | 1.99 | 1.99 |
| Investments | 8.98 | 2.99 | 0.00 | 0.00 | 0.00 | 4.99 | 4.98 | 4.99 | 5.98 | 5.99 |
| Other Assets | 31.93 | 40.91 | 27.94 | 24.96 | 73.79 | 75.84 | 87.82 | 91.87 | 94.82 | 85.84 |
| Inventories | 0.13 | 0.10 | 0.11 | 0.02 | 4.12 | 5.27 | 7.64 | 9.25 | 7.87 | 6.86 |
| Trade receivables | 1.24 | 1.54 | 1.16 | 2.13 | 20.14 | 27.16 | 39.05 | 34.69 | 38.92 | 29.78 |
| Cash & equivalents | 1.48 | 22.64 | 11.80 | 4.22 | 10.43 | 4.21 | 3.34 | 9.70 | 1.66 | 3.69 |
| Total Assets | 56.89 | 56.89 | 72.92 | 90.90 | 201 | 200 | 184 | 190 | 185 | 177 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −2.99 | −16.99 | 3.99 | −2.99 | 6.99 | 0.99 | 16.97 | 22.97 | 10.99 | 9.99 |
| Cash from investing activity | 0.99 | 15.01 | −12.01 | −21.02 | −58.03 | −3.01 | −8.01 | −9.01 | −1.99 | 0.00 |
| Cash from financing activity | 0.99 | 23.92 | −2.99 | 15.96 | 53.83 | −3.99 | −7.98 | −8.98 | −16.96 | −8.97 |
| Net cash flow | 0.00 | 21.02 | −11.01 | −8.01 | 3.01 | −5.01 | 1.01 | 6.01 | −8.01 | 2.01 |
| Capex | 1.49 | 2.44 | 11.74 | 21.29 | 58.75 | 0.00 | 7.79 | 8.80 | 2.63 | 0.25 |
| Free cash flow | −3.99 | −19.96 | −7.98 | −23.93 | −51.84 | 0.99 | 8.98 | 14.96 | 8.98 | 9.98 |
| CFO / OP % | 70.0% | 390.1% | −120.0% | 66.0% | 197.0% | −2.0% | 123.0% | 138.0% | 95.0% | 56.1% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 78 | 73 | 63 | 52 | 104 | 89 | 91 | 76 | 87 | 66 |
| Inventory days | 138 | 79 | — | 2 | 61 | 58 | 52 | 58 | 55 | 47 |
| Days payable | 10,220 | 1,861 | — | 191 | 348 | 160 | 164 | 159 | 135 | 105 |
| Cash conversion cycle | −10,005 | −1,710 | 62 | −138 | −184 | −14 | −21 | −26 | 6 | 7 |
| Working capital days | −385 | −143 | 397 | −43 | −59 | −17 | −8 | −13 | −11 | −31 |
| ROCE % | — | −12.0% | −6.0% | −6.0% | −2.0% | 7.0% | 11.0% | 10.0% | 8.0% | 7.0% |
For the Jun 2026 quarter, Accel reported sales of ₹43.42 Cr, up 10.8% year on year and net profit of −₹0.56 Cr, down 147.1% year on year. The operating margin was 6.7%.
Accel's sales for the year to Mar 2026 were ₹165 Cr; over the last twelve months they were ₹169 Cr.
Net profit for the year to Mar 2026 was ₹4.99 Cr, and ₹3.56 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.62.
Accel reported borrowings of ₹62.96 Cr at Mar 2026, against cash and equivalents of ₹3.69 Cr.
Cash from operations was ₹9.99 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹9.98 Cr.