Accelya Solutions India Shows Positive Performance in Q2, Receives 'Hold' Call from MarketsMOJO.

Revenue - Quarterly: At Rs 118.40 cr has Grown at -1.3 % over average Revenue of the previous four quarters of Rs 120.00 Cr.Revenue growth has slowed down in the near term.

Accelya Solutions India, a smallcap IT software company, has recently declared its financial results for the quarter ended September 2024. The company has received a 'Hold' call from MarketsMOJO, indicating a neutral stance on the stock.

According to the financials, Accelya Solutions has shown positive performance in the quarter, with a score improvement from -2 to 6 in the last 3 months. This can be attributed to various factors such as the company's strong operating cash flow, which has been consistently growing over the past three years, and a high profit after tax (PAT) of Rs 32.46 crore in the last five quarters.

The company's PAT has also shown a growth of 37.5% over the average PAT of the previous four quarters, indicating a positive trend in the near term. Additionally, Accelya Solutions has also recorded a high earnings per share (EPS) of Rs 21.74 in the last five quarters, showcasing its ability to generate higher earnings for its shareholders.

On the other hand, the company's non-operating income has seen a significant increase in the last five quarters, which may not be sustainable in the long run. Moreover, the revenue growth has slowed down in the near term, with a -1.3% growth over the average revenue of the previous four quarters.

However, Accelya Solutions has also shown improvements in its short-term liquidity, with a high cash and cash equivalents of Rs 106.03 crore in the last six half-yearly periods, and a higher debtors turnover ratio of 6.67 times in the last five half-yearly periods.

Overall, Accelya Solutions India has shown a positive financial performance in the quarter ended September 2024, with some areas of improvement and some areas of concern. Investors are advised to hold their position in the stock, as per the recommendation by MarketsMOJO.