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Accelya Solutions India Limited (ACCELYA)

₹1,081.40 -1.04% last close, 16 Oct

📊 NSE: ACCELYA 🏢 Computers - Software - Medium / Small 📢 Latest filing: 30 Sep 2026 📝 Analysis written: 13 Dec 2025

Q2 FY27 results

📅 Next results: 22 Oct 2026 (board meeting)

Accelya Solutions India Limited's board meets on 22 Oct 2026 to consider its Q2 FY27 results (July-September 2026).

In its latest reported quarter, Q1 FY27, Accelya Solutions' revenue was ₹127 Cr (-3.6% year on year, -6.6% on the previous quarter), and net profit ₹30.0 Cr (-11.6% year on year); the operating margin was 36.2%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹127	-3.6%	-6.6%
Operating profit	₹46.0	-10.1%	+35.3%
Net profit	₹30.0	-11.6%	+42.9%
EPS (₹)	20.40	-10.3%	+42.5%
Operating margin	36.2%	—	—

Full quarterly financials → Results calendar →

ACCELYA delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 69.08% of the ACCELYA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 65.96%. That is close to its usual level.

69.08%Delivery, 16 Oct

65.96%Own 20-session average

1.0×Volume vs its average

₹1,081.40NSE close · -1.04%

Delivery in the last 5 sessions: 48.9% · 48.2% · 61.0% · 56.1% · 69.1%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Accelya Solutions Schedules 40th AGM for Oct 23, 2026; E-Voting Cut-Off Set to Oct 16

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Sep 2026, 02:02 PM

Accelya Solutions India Limited has issued the notice for its 40th Annual General Meeting (AGM) to be held on October 23, 2026, via Video Conferencing. The cut-off date to determine shareholder eligibility for e-voting has been fixed for October 16, 2026. Key agenda items include adopting financial statements for the year ended June 30, 2026, confirming interim dividend and declaring final dividend, and re-appointing director Jose Maria Hurtado. Additionally, ordinary resolutions are proposed to approve material related-party transactions with group entities Accelya World S.L.U. and Accelya Global Limited.

40th AGM scheduled for October 23, 2026, at 11:00 AM IST via VC/OAVM
Shareholder e-voting cut-off date fixed as October 16, 2026
Adoption of audited financial statements for FY ended June 30, 2026 (FY26 revenue of Rs 535.11 Cr)
Approval sought for related party transactions exceeding 10% of consolidated turnover with Accelya World S.L.U. and Accelya Global Limited

💡 Eligible shareholders holding shares as of October 16, 2026, can participate in e-voting; watch for shareholder voting outcomes regarding the related-party transaction approvals post-AGM.

Accelya FY26 Results: Rs 80 Total Dividend Recommended; Q4 PAT Rises 42% QoQ

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 29 Jul 2026, 07:30 PM

Accelya Solutions reported a sequential recovery in profitability for Q4 FY26 (ending June), with PAT rising 42.4% QoQ to Rs 30.45 cr despite a 6.6% dip in revenue to Rs 127.12 cr. For the full year FY26, consolidated revenue stood at Rs 532.27 cr with a PAT of Rs 95.38 cr, a decline from FY25's PAT of Rs 126.26 cr. The highlight for investors is the recommendation of a Rs 35 final dividend, bringing the total FY26 payout to Rs 80 per share. This represents a substantial dividend yield of approximately 6.8% based on the current market price.

Final dividend of Rs 35 per share recommended, bringing total FY26 dividend to Rs 80 per share.
Q4 FY26 Consolidated PAT grew 42.4% sequentially to Rs 30.45 cr from Rs 21.38 cr in Q3.
Annual FY26 Consolidated Revenue reached Rs 532.27 cr, marginally higher than FY25's Rs 525.16 cr.
Annual PAT for FY26 declined to Rs 95.38 cr compared to Rs 126.26 cr in the previous fiscal year.
Consolidated cash and cash equivalents stood at Rs 23.65 cr as of June 30, 2026.

💡 Investors should focus on the sustainability of the high dividend payout and monitor global airline transaction volumes, as the company's per-transaction pricing model makes revenue highly sensitive to industry traffic.

₹35 Final Dividend Recommended by Accelya Solutions India

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 29 Jul 2026, 07:10 PM

Accelya Solutions India has recommended a final dividend of ₹35 per equity share for the financial year 2025-26. Based on the current market price of ₹1164.8, this translates to a dividend yield of approximately 3.0%. The payout represents about 53.2% of the company's TTM EPS of ₹65.75, indicating a significant portion of earnings is being returned to shareholders. The record date for eligibility is fixed for October 9, 2026, with the payout scheduled for November 17, 2026.

Final dividend of ₹35 per equity share recommended for FY 2025-26
Record date for dividend eligibility set for October 9, 2026
Dividend payout date scheduled for November 17, 2026
Dividend yield of ~3.0% based on current market price of ₹1164.8
Payout ratio of ~53.2% relative to TTM EPS of ₹65.75

💡 Investors should monitor the ex-dividend date, typically one business day before the October 9 record date, to ensure eligibility for the payout.

₹35 Final Dividend Recommended; Record Date Set for October 9, 2026

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 29 Jul 2026, 07:07 PM

Accelya Solutions has recommended a final dividend of ₹35 per share for the financial year 2025-26, subject to shareholder approval. This represents a dividend yield of approximately 3.0% based on the current market price of ₹1164.8. The payout ratio is significant, accounting for roughly 53.2% of the FY26 EPS of ₹65.75. The company has fixed October 9, 2026, as the record date, with the actual payment scheduled for November 17, 2026.

Final dividend of ₹35 per equity share recommended for FY 2025-26
Record date for dividend eligibility fixed as Friday, October 9, 2026
Dividend payout scheduled for Tuesday, November 17, 2026
Dividend represents approximately 53.2% of the FY26 EPS of ₹65.75
Current dividend yield stands at ~3.0% based on the share price of ₹1164.8

💡 Investors interested in the dividend must hold the shares before the ex-dividend date (typically one business day prior to the October 9 record date). Monitor the upcoming Annual General Meeting for formal shareholder approval.

Rs 35 Final Dividend; FY26 Total Dividend at Rs 80 (6.9% Yield); Q4 PAT up 42% QoQ

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 29 Jul 2026, 07:05 PM

Accelya Solutions reported a mixed Q4 FY26 with revenue declining 6.5% QoQ to Rs 127.12 cr, while PAT grew 42.4% QoQ to Rs 30.45 cr. The board recommended a final dividend of Rs 35, bringing the total FY26 payout to Rs 80 per share, which translates to a high dividend yield of approximately 6.9% at current prices. For the full year FY26, revenue remained flat at Rs 532.27 cr, but PAT saw a significant 23% decline from Rs 129.15 cr in FY25 to Rs 99.34 cr.

Recommended a final dividend of Rs 35 per share, totaling Rs 80 for FY26.
Q4 FY26 PAT rose 42.4% QoQ to Rs 30.45 cr from Rs 21.38 cr in the March quarter.
Full-year FY26 revenue stood at Rs 532.27 cr, showing marginal growth over FY25's Rs 525.16 cr.
Annual PAT for FY26 declined by 23% YoY to Rs 99.34 cr compared to Rs 129.15 cr in FY25.
Total dividend payout for FY26 (Rs 80/share) represents a payout of approximately 120% of FY26 EPS.

💡 Investors should focus on the sustainability of high dividend payouts given that the FY26 dividend exceeds annual profits. Monitor global airline passenger traffic trends as the company's per-transaction pricing model makes revenue highly sensitive to industry volumes.

Accelya Solutions Files June 30, 2026 Quarterly Share Dematerialization Certificate

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Jul 2026, 04:11 PM

Accelya Solutions India Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by KFin Technologies Limited, confirms that share certificates received for dematerialization during the quarter ended June 30, 2026, were processed and the security certificates were mutilated or cancelled. This is a standard procedural requirement for all listed companies to ensure the integrity of the dematerialization process. There is no financial impact on the company's operations or earnings.

Compliance for the quarter ended June 30, 2026
Certificate issued by Registrar KFin Technologies Limited on July 1, 2026
Official submission to stock exchanges (NSE/BSE) on July 9, 2026
Adherence to SEBI Regulation 74(5) for share registry maintenance

💡 This is a routine administrative filing with no impact on business fundamentals; investors should monitor the upcoming quarterly financial results for performance updates.

Accelya Solutions to Strike Off UK Subsidiary to Simplify Group Structure

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 25 Jun 2026, 06:30 PM

Accelya Solutions India Limited's Board has approved the striking off of its wholly-owned subsidiary, Accelya Solutions UK Limited (ASUK). This move is intended to simplify the overall group structure and reduce administrative overhead. ASUK is not a material subsidiary and reported zero income during the 2025-26 financial year. The process is expected to be completed by September 30, 2026, with no significant financial impact on the parent company.

Board approved the voluntary winding up of wholly-owned subsidiary Accelya Solutions UK Limited
The subsidiary contributed 0% to the company's turnover and had nil income in FY 2025-26
The restructuring process is targeted for completion by September 30, 2026
Move is aimed at simplifying group structure and reducing administrative costs

💡 This is a routine administrative move with no impact on core earnings. Investors should continue to monitor the company's primary business performance in the aviation software sector.

Accelya Solutions Announces Trading Window Closure from July 1, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Jun 2026, 03:36 PM

Accelya Solutions India Limited has notified the stock exchanges that its trading window will be closed starting July 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations for the upcoming financial results. The window will remain shut until 48 hours after the announcement of the audited financial results for the quarter and year ended June 30, 2026. This is a standard regulatory procedure for listed companies in India.

Trading window closure effective from July 1, 2026
Pertains to audited financial results for the quarter and year ended June 30, 2026
Window to reopen 48 hours after the declaration of financial results
Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015

💡 No action is required as this is a routine regulatory announcement. Investors should monitor for the future announcement date of the actual financial results.

Accelya Promoter Declares Zero Encumbrance on 1.11 Crore Shares for FY26

🟢 POSITIVE ⭐ 4/10

REGULATORY 📅 15 Jun 2026, 03:07 PM

Accelya Holding World S.L.U., the promoter of Accelya Solutions India Limited, has filed its annual declaration under SEBI Takeover Regulations. The promoter confirmed holding 11,143,295 equity shares as of March 31, 2026. Significantly, the filing declares that no encumbrances or pledges were created on these shares during the 2025-26 financial year, maintaining a clean pledge-free status.

Promoter Accelya Holding World S.L.U. holds a total of 11,143,295 equity shares in the company.
Declaration confirms zero shares were pledged or encumbered during the period from April 1, 2025, to March 31, 2026.
Compliance submitted under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The filing provides transparency regarding promoter shareholding and financial health at the parent level.

💡 Investors can take comfort in the fact that the promoter has not pledged any shares, which is a sign of financial stability. No immediate action is required as this is a routine annual compliance disclosure.

Accelya Solutions Q3 FY26 Net Profit Declines 29% YoY to ₹21.38 Crore

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 29 Apr 2026, 04:05 PM

Accelya Solutions reported a consolidated revenue of ₹132.89 crore for the quarter ended March 31, 2026, a modest 3.4% growth year-on-year. However, net profit declined significantly by 29.3% to ₹21.38 crore compared to ₹30.25 crore in the same period last year. The decline in profitability is primarily driven by higher operational costs, with total expenses rising to ₹104.96 crore from ₹97.50 crore. The company also noted an exceptional impact of ₹11.72 crore in the nine-month period due to gratuity liability adjustments under new labor codes.

Consolidated Revenue from Operations grew 3.4% YoY to ₹132.89 crore.
Net Profit for the quarter fell 29.3% YoY to ₹21.38 crore from ₹30.25 crore.
Total Expenses increased by 7.6% YoY to ₹104.96 crore, impacting operating margins.
Earnings Per Share (EPS) dropped to ₹14.32 from ₹20.26 in the corresponding quarter last year.
Exceptional item of ₹11.72 crore recognized in the current nine-month period for gratuity liability under new labor codes.

💡 Investors should exercise caution as the company is facing margin pressure from rising operational expenses despite stable revenue growth. It is important to monitor how the company manages cost structures and the long-term impact of the new labor code liabilities.

Accelya Solutions Transfers 230 Unclaimed Equity Shares to IEPF Authority

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 23 Apr 2026, 05:26 PM

Accelya Solutions India Limited has transferred 230 equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action pertains to shares where dividends remained unclaimed for seven consecutive years by two specific holders. The transfer was executed on April 23, 2026, through the NSDL system as per mandatory regulatory requirements. This is a standard administrative procedure under the Companies Act, 2013, and does not impact the company's financial health or operations.

Total of 230 equity shares transferred to the IEPF Authority demat account.
Shares belong to 2 holders who failed to claim dividends for 7 consecutive years.
Transfer executed via NSDL system on April 23, 2026.
Compliance action taken under Section 124(6) of the Companies Act, 2013.

💡 No action is required for active shareholders. Investors should ensure their bank details and addresses are updated with their DP to ensure timely receipt of dividends and avoid future transfers to IEPF.

Accelya Solutions Announces Trading Window Closure from April 1, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 20 Mar 2026, 11:20 AM

Accelya Solutions India Limited has informed the stock exchanges that its trading window for dealing in company securities will be closed starting April 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations for the purpose of declaring financial results for the quarter ending March 31, 2026. The window will remain closed until 48 hours after the results are made public. This is a standard regulatory procedure for listed companies in India.

Trading window closure effective from April 1, 2026
Closure pertains to the financial results for the quarter ending March 31, 2026
Window to reopen 48 hours after the official declaration of results
Complies with SEBI (Prohibition of Insider Trading) Regulations, 2015

💡 No action is required as this is a routine regulatory filing. Investors should await the announcement of the board meeting date for the upcoming quarterly results.

Accelya Solutions Receives ₹17.49 Crore Income Tax Demand for FY 2022-23

🔴 NEGATIVE ⭐ 6/10

LEGAL 📅 19 Mar 2026, 04:32 PM

Accelya Solutions India Limited has received an income tax order for the financial year 2022-23, resulting in a demand of ₹1,749.08 lakhs. The demand arises from specific additions and disallowances made during the assessment process under section 143(3). Furthermore, the Income Tax Department has issued a show cause notice for penalty proceedings under section 270A. The company has stated its intention to file an appeal against this order and believes there will be no material impact on its operations.

Income tax demand of ₹1,749.08 lakhs raised for the financial year 2022-23.
Order received from the Assessment Unit under section 143(3) read with section 144B.
Show cause notice issued under section 270A for potential penalty proceedings.
Company intends to contest the demand by filing an appeal with the appropriate authority.

💡 Investors should track the outcome of the tax appeal as the demand represents a notable contingent liability. The stock may see some short-term pressure due to the regulatory notice.

Accelya Solutions Transfers 920 Equity Shares to IEPF Authority

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Feb 2026, 05:16 PM

Accelya Solutions India Limited has completed the mandatory transfer of 920 equity shares to the Investor Education and Protection Fund (IEPF) Authority. This transfer pertains to 19 shareholders who have not claimed their dividends for a period of seven consecutive years. The total transfer includes 720 shares from physical holdings and 200 shares from demat accounts. This is a standard regulatory compliance procedure under the Companies Act, 2013.

Total of 920 equity shares transferred to the IEPF demat account maintained with NSDL.
The transfer involves 19 shareholders who failed to claim dividends for 7 consecutive years.
Breakdown includes 720 shares from 15 holders (Physical to NSDL) and 200 shares from 4 holders (NSDL to NSDL).
Action taken in accordance with Section 124(6) of the Companies Act, 2013 and IEPF Rules.

💡 This is a routine regulatory filing with no impact on the company's financials or stock performance. Shareholders with unclaimed dividends should check their status to avoid future transfers to the IEPF.

Accelya Solutions Declares Interim Dividend of Rs 45 Per Share; Sets Record Date

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 29 Jan 2026, 05:24 PM

Accelya Solutions India Limited has announced a substantial interim dividend of Rs 45 per equity share for the financial year 2025-26. The decision was finalized during the Board of Directors meeting held on January 29, 2026. The company has established February 6, 2026, as the record date to identify shareholders eligible for this payout. Investors can expect the dividend to be credited or dispatched by February 25, 2026.

Interim dividend declared at Rs 45 per equity share for FY 2025-26
Record date for dividend eligibility is fixed as February 6, 2026
Dividend payout date is scheduled for February 25, 2026
Board meeting concluded at 3:55 PM on January 29, 2026

💡 Investors seeking dividend income should ensure they hold the shares before the ex-dividend date to qualify for the Rs 45 per share payout. The high dividend amount reflects a strong commitment to returning capital to shareholders.

View All ACCELYA Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The company operates as a single business segment (Travel and Transportation). Operating income was INR 433.0 Cr in FY2019 and declined 4.8% to INR 412.0 Cr in FY2020. For 9M FY2021, revenue was INR 204.6 Cr, representing a significant degrowth of 41.4% YoY compared to 9M FY2020 (INR 349.2 Cr) due to the pandemic's impact on airline passenger traffic.

Geographic Revenue Split

The company generates a significant proportion of its earnings from exports, making it highly exposed to foreign exchange fluctuations. Specific percentage splits by region are not disclosed in the available documents.

Profitability Margins

Net profitability (PAT margin) was 23.3% in FY2018 (INR 89.2 Cr) and improved to 24.6% in FY2019 (INR 106.4 Cr). The company reported a PAT of INR 83.3 Cr for 9M FY2020.

EBITDA Margin

Operating profitability (OPBDIT/OI) was robust at 39.8% in FY2018 and remained stable at 39.4% in FY2019. This high margin is maintained through a non-linear business model where revenue growth does not require a commensurate increase in employee headcount.

Credit Rating & Borrowing

ICRA reaffirmed the ratings of [ICRA]A+ (Stable) and [ICRA]A1+ on July 12, 2021. The company maintains a debt-free status (INR 0 Cr debt), resulting in an exceptionally high interest coverage ratio of 433.7 times in FY2019.

⚙️ Operational Drivers

Raw Materials

As a technology solutions provider, the primary 'raw material' is specialized human capital and intellectual property (IPR). Employee costs are the largest operational expense, though the non-linear model reduces their percentage of total cost as revenue scales.

Import Sources

Not applicable as the company provides IT and BPO services rather than manufacturing physical goods.

Key Suppliers

Not applicable; the company relies on its own proprietary IPR platforms and professional management team.

Capacity Expansion

The company utilizes a non-linear business model based on its product/IPR platform, which supports higher transaction volumes without proportional increases in staff. Growth is driven by platform enhancements rather than physical capacity.

Raw Material Costs

Not applicable for this service-based model; however, the company focuses on efficiency gains through product innovations in its BPO model to maintain high operating margins.

Manufacturing Efficiency

Efficiency is measured by the maturity of the BPO model and the non-linear nature of the IPR platform, which allows for robust operating profitability even during periods of modest scale.

Logistics & Distribution

Not applicable; services are delivered digitally through cloud-based or hosted platforms.

📈 Strategic Growth

Growth Strategy

Growth is pursued through constant innovation in the IPR platform to increase transaction-based revenue and by maturing the BPO model to gain efficiency. The company aims to recover revenue in FY2022 as global travel restrictions ease, though it expects volumes to remain below pre-pandemic levels in the near term.

Products & Services

Modular technology solutions for air travel including Passenger Revenue Accounting (PRA), revenue recovery and protection (audit services), commercial planning and optimization, sales and distribution management, and financial reconciliation.

Brand Portfolio

Accelya.

New Products/Services

Modular suite of technology solutions 'from offer to settlement' designed to reduce process friction in the complex airline industry.

Market Expansion

The company targets the global airline and travel industry, focusing on major geographies where it already has an established clientele.

Market Share & Ranking

Leading solutions provider in the niche passenger revenue accounting and management practice vertical.

Strategic Alliances

The company is an Accelya Group company, ultimately owned by Vista Equity Partners (since Nov 2019). It previously merged its business with Mercator under Warburg Pincus's ownership.

🌍 External Factors

Industry Trends

The airline industry is seeing a shift toward modular, integrated technology solutions. While the market for outsourcing in PRA is limited, the company is positioned to capture recovery as passenger traffic returns toward 2019 levels.

Competitive Landscape

Competes with other IT service providers and in-house airline accounting departments; competition has previously led to client exits.

Competitive Moat

The moat is built on 30+ years of domain expertise and proprietary IPR platforms. This creates high switching costs for airlines, making the business model sustainable despite high customer concentration.

Macro Economic Sensitivity

Highly sensitive to global GDP and travel sentiment; a significant decline in passenger traffic volumes directly correlates to revenue degrowth.

Consumer Behavior

Shifts in consumer travel behavior (e.g., pandemic-related declines) directly impact the number of transactions processed by Accelya's systems.

Geopolitical Risks

Trade barriers and pandemic-induced travel restrictions across the globe are primary risks that constrain the scale of operations.

⚖️ Regulatory & Governance

Industry Regulations

Operations must comply with IATA (International Air Transport Association) standards and global financial reconciliation protocols for the travel industry.

Environmental Compliance

Not applicable for IT services; no significant ESG costs reported.

Legal Contingencies

No specific pending court cases or case values in INR were disclosed in the provided documents.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the timeline for the full recovery of global airline passenger traffic to pre-pandemic levels, which directly dictates the company's transaction-based revenue.