Accelya Kale Solutions
Accelya Kale Solutions Limited (formerly known as Kale Consultants Limited) is part of the Accelya Group.(website:www.accelyakale.com )
About Accelya Group
Accelya helps airline and travel companies manage their financial processes and gain insights into their business performance.
Accelyaâs expertise spans across all critical airline financial processes â BSP Processing, Revenue Accounting, Audit & Revenue Recovery, Card Management, Miscellaneous Billing, F&A Processing and Decision Support. Accelya partner with airlines right from the time a ticket or an air waybill is issued, all the way through its entire financial life cycle, until the data is converted into actionable decision support.
With over 200 airline customers, the Groupâs annual revenue is over $110 million. Its operations are spread across 10 countries and it employs over 2000 professionals worldwide. Visit us at:www.accelya.com
Accelya Kale Solutions:
After the change in management, the performance of the company has seen a turnaround.
check out the performance at
http://www.screener.in/company/?q=532268&con=1
In the current quarter, Air India has outsourced its passenger and cargo revenue accounting to Accelya Kale for 5 years.
http://www.accelyakale.com/accelyakale-press-releases/air-india-partners-with-accelya-kale/
Pros:
High dividend yield of about 7 %
P/E 10.5
ROE > 34%
5 yr Sales CAGR about 20% (1 yr 22%)
5 yr profit CAGR about 35% (1 yr about 50%)
Strong cash flows
Debt free
New foreign promoters bringing their experience and focus to business
Concerns:
Catering to airline industry
Figures:
ACCELYA
KALE SOLUTIONS LTD.
Mar-08
Mar-09
Mar-10
Jun-11
Jun-12
EBIT Margin
17.47%
20.05%
17.65%
13.64%
27.72%
Capital
Turnover
1.72
2.11
1.98
2.56
3.46
RoIC
25.23%
38.19%
32.79%
29.55%
64.48%
Economic
Profit Added (EP)
9.28
17.94
17.39
15.13
33.00
EP/MCAP
10.90%
40.42%
20.02%
8.69%
18.72%
TRENDS:
10Years
7Years
5Years
3Years
Recent
Sales Growth
19.31%
19.91%
14.54%
8.63%
OPM
23.05%
23.29%
23.19%
23.59%
35.61%
Price to Earning
5.70
5.70
5.70
6.70
10.51
Though it is no longer cheap as it was couple of quarters earlier, I am considering investing in this. Would like to have feedback before I jump in.