ACCELYA
Accelya Solutions India share price & financials
- Price
- ₹1,127.7
- Market cap
- ₹1.7k Cr
- Sector
- Information Technology
What Accelya Solutions India Limited does
Accelya Solutions India is an IT and business-process-outsourcing provider to the global airline industry, delivering financial settlement software (revenue and order accounting), retailing platforms, and industry audit/interline solutions that airlines use to manage ticket and cargo revenue. It earns through business-process-outsourcing services, software application hosting & support, and software licence and maintenance fees. The India-listed entity is part of the global Accelya Group and serves airline customers across dozens of countries from its India operations, with its solutions built around the airline industry's shift to IATA's Offer-Order-Settle-Deliver (NDC/ONE Order) model.
Segments
- Finance Solutions
- Commercial Solutions
- Cargo & Logistics
- Industry & Audit Solutions
- Countries served (exports)
- 36
- Geographic revenue spread
- Asia Pacific, Europe, Middle East & Africa, and the Americas
- Customer base
- Multiple global airlines (network carriers) as core customers
- India offices
- 3
- Indian states served
- 2
- Principal business activity
- Computer programming, consultancy & BPO services for the airline industry (NIC code 620)
Quarterly results
Q1 FY27: revenue down 3.8%, net profit down 11.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 127 | 133 | 137 | 132 | 136 +7% | 133 +0% | 136 −1% | 127 −4% |
| EBITDA | 49 | 48 | 46 | 51 | 48 −2% | 45 −6% | 34 −26% | 46 −10% |
| Net profit | 32 | 32 | 30 | 34 | 30 −6% | 14 −56% | 21 −30% | 30 −12% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −20.7% 1Y
1Y: ₹1,409.7 on 10 Sept 2025 → ₹1,118.4. High ₹1,501.4 (16 Oct 2025), low ₹1,024.6 (30 Mar 2026).
Financials, as filed
Revenue grew 4.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to 32.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹468 Cr | ₹511 Cr | ₹529 Cr | ₹532 Cr |
| Operating profit | ₹186 Cr | ₹191 Cr | ₹194 Cr | ₹173 Cr |
| Operating margin | 39.7% | 37.4% | 36.7% | 32.5% |
| Interest | ₹2 Cr | ₹1 Cr | ₹4 Cr | ₹6 Cr |
| Depreciation | ₹33 Cr | ₹30 Cr | ₹28 Cr | ₹44 Cr |
| Net profit | ₹126 Cr | ₹94 Cr | ₹128 Cr | ₹95 Cr |
| Net margin | 26.9% | 18.4% | 24.2% | 17.9% |
| Cash from operations | ₹133 Cr | ₹156 Cr | ₹145 Cr | — |
| Free cash flow | ₹128 Cr | ₹143 Cr | ₹126 Cr | — |
| ROCE | 56.0% | 57.0% | 54.0% | 49.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹224 Cr | ₹248 Cr | ₹255 Cr | ₹273 Cr | ₹248 Cr | ₹235 Cr |
| Borrowings | ₹39 Cr | ₹25 Cr | ₹15 Cr | ₹29 Cr | ₹87 Cr | ₹16 Cr |
| Other liabilities | ₹66 Cr | ₹67 Cr | ₹85 Cr | ₹86 Cr | ₹112 Cr | ₹109 Cr |
| Total liabilities | ₹343 Cr | ₹355 Cr | ₹369 Cr | ₹404 Cr | ₹462 Cr | ₹375 Cr |
| Fixed assets | ₹125 Cr | ₹101 Cr | ₹87 Cr | ₹65 Cr | ₹144 Cr | ₹59 Cr |
| Capital work in progress | ₹9 Cr | ₹2 Cr | ₹4 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹27 Cr | ₹52 Cr | ₹60 Cr | ₹62 Cr | ₹47 Cr | ₹26 Cr |
| Other assets | ₹183 Cr | ₹200 Cr | ₹219 Cr | ₹277 Cr | ₹271 Cr | ₹290 Cr |
| Total assets | ₹343 Cr | ₹355 Cr | ₹369 Cr | ₹404 Cr | ₹462 Cr | ₹375 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +2.56 pp while FIIs trimmed −2.23 pp. The shareholder count grew 10% to 39,421.
- Promoters
- 74.7%
- FIIs
- 0.1%
- DIIs
- 0.0%
- Public
- 25.2%
Since Jun 2025
- Public +2.56 pp
- FIIs −2.23 pp
- DIIs −0.33 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 74.7%, FIIs 0.3%, DIIs 0.4%, Public 24.7%.Dec '23: Promoters 74.7%, FIIs 0.3%, DIIs 0.4%, Public 24.6%.Mar '24: Promoters 74.7%, FIIs 0.4%, DIIs 0.7%, Public 24.3%.Jun '24: Promoters 74.7%, FIIs 0.3%, DIIs 0.7%, Public 24.4%.Sep '24: Promoters 74.7%, FIIs 0.2%, DIIs 0.7%, Public 24.4%.Dec '24: Promoters 74.7%, FIIs 0.2%, DIIs 1.1%, Public 24.0%.Mar '25: Promoters 74.7%, FIIs 1.8%, DIIs 1.1%, Public 22.4%.Jun '25: Promoters 74.7%, FIIs 2.3%, DIIs 0.3%, Public 22.7%.Sep '25: Promoters 74.7%, FIIs 0.3%, DIIs 0.3%, Public 24.8%.Dec '25: Promoters 74.7%, FIIs 0.3%, DIIs 0.1%, Public 25.0%.Mar '26: Promoters 74.7%, FIIs 0.2%, DIIs 0.1%, Public 25.1%.Jun '26: Promoters 74.7%, FIIs 0.1%, DIIs 0.0%, Public 25.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Accelya Australia Pty Ltd newly disclosed 0.00% held
- Vista Co-Invest 2018-2, L.P newly disclosed 0.00% held
- Vista Equity Partners Perennial Equity,L.P newly disclosed 0.00% held
- Vista Equity Partners Perennial A,L.P newly disclosed 0.00% held
- Vista Equity Partners Perennial,L.P newly disclosed 0.00% held
- Accelya World S L U newly disclosed 0.00% held
- Accelya Bidco Limited newly disclosed 0.00% held
- ACCELYA LUX FINCO S.a.R.L. newly disclosed 0.00% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Accelya Solutions India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Accelya Holding World S L U | 74.66% | unchanged |
| Accelya Group Bidco Limited | 0.00% | unchanged |
| Accelya Australia Pty Ltd | 0.00% | newly disclosed |
| Vista Co-Invest 2018-2, L.P | 0.00% | newly disclosed |
| Vista Equity Partners Perennial Equity,L.P | 0.00% | newly disclosed |
| Vista Equity Partners Perennial A,L.P | 0.00% | newly disclosed |
| Vista Equity Partners Perennial,L.P | 0.00% | newly disclosed |
| Accelya World S L U | 0.00% | newly disclosed |
| Accelya Bidco Limited | 0.00% | newly disclosed |
| ACCELYA LUX FINCO S.a.R.L. | 0.00% | newly disclosed |
| Accelya France Sas | 0.00% | newly disclosed |
| Accelya Tunisie S.A.R.L | 0.00% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹1118, this stock must grow earnings at 12% every year for 7 years. Our analysis caps realistic growth at ~-6%. At that growth it is worth ₹426 — downside of 62%.
- Growth the price implies
- 11.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -5.9% a year
- net profit, FY23–FY26 · EPS -6.2%
- The gap
- 0.2 pp
- -62% downside if it only repeats history
Learn to analyse Accelya Solutions India Limited
Guides on how to read this kind of business and the numbers that matter.