Accelya Solutions India Limited (ACCELYA.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+117.3%

₹2,034.43

vs ₹936.40 price

Levered DCF

₹2,180.40

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	17.18×	16.39×	27.5×	15.59×	17.17×	41.2×	15.82×	12.06×
P/B	6.55×	7.61×	9.12×	7.32×	4.98×	7.29×	5.61×	6.5×
P/S	3.08×	4×	5.05×	4.21×	3.55×	5.99×	3.33×	2.96×
EV / EBITDA	9.27×	10.41×	15.27×	9.43×	9.17×	17.98×	8.74×	7.05×
Gross margin	24.2%	72.6%	72.0%	69.9%	64.1%	60.6%	69.3%	68.4%
Operating margin	24.2%	31.5%	69.1%	34.3%	30.3%	23.2%	31.5%	35.5%
Net margin	17.9%	24.4%	18.4%	27.0%	20.7%	14.5%	21.1%	24.6%
Current ratio	2.55×	2.94×	3.48×	2.86×	3.16×	2.69×	2.55×	2.52×
Debt / equity	0.06×	0.22×	0.12×	0.05×	0.1×	0.16×	0.2×	0×
Interest coverage	18.56×	48.62×	190.4×	77.99×	32.52×	15.11×	23.43×	0×
Dividend yield	7.7%	6.4%	3.2%	6.0%	3.9%	3.0%	2.7%	6.7%
Payout ratio	133.0%	104.1%	87.5%	94.2%	66.6%	123.8%	43.0%	81.2%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	38.1%	46.5%	33.2%	46.9%	29.0%	17.7%	35.5%	53.8%
Return on invested capital	33.4%	33.8%	73.5%	41.1%	28.1%	17.4%	32.8%	50.1%
Return on assets	25.5%	28.7%	22.8%	34.3%	21.5%	12.3%	23.5%	38.9%
Free cash flow yield	5.9%	5.9%	5.5%	5.8%	7.7%	3.9%	6.1%	4.8%
Earnings yield	5.8%	6.1%	3.6%	6.4%	5.8%	2.4%	6.3%	8.3%
Enterprise value	₹16B	₹21.4B	₹25.7B	₹19.5B	₹13B	₹17.3B	₹13.8B	₹12.6B
Net debt / EBITDA	-0.2×	0.15×	-0.05×	-0.15×	-0.04×	-0.09×	0.07×	-0.12×
Cash conversion cycle (days)	60	-36	-24	-139	-97	-9	-27	-19