Accord Synergy Past Earnings Performance
Past criteria checks 2/6
Accord Synergy's earnings have been declining at an average annual rate of -43.8%, while the Commercial Services industry saw earnings growing at 20.8% annually. Revenues have been declining at an average rate of 27.6% per year. Accord Synergy's return on equity is 2.7%, and it has net margins of 1.2%.
Key information
-43.8%
Earnings growth rate
-43.8%
EPS growth rate
| Commercial Services Industry Growth | 21.8% |
| Revenue growth rate | -27.6% |
| Return on equity | 2.7% |
| Net Margin | 1.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Accord Synergy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 319 | 4 | 2 | 0 |
| 31 Dec 23 | 305 | 5 | 1 | 0 |
| 30 Sep 23 | 291 | 6 | 1 | 0 |
| 30 Jun 23 | 246 | 4 | 1 | 0 |
| 31 Mar 23 | 201 | 3 | 1 | 0 |
| 31 Dec 22 | 182 | -19 | 1 | 0 |
| 30 Sep 22 | 162 | -41 | 1 | 0 |
| 30 Jun 22 | 206 | -50 | 1 | 0 |
| 31 Mar 22 | 250 | -59 | 1 | 0 |
| 31 Dec 21 | 319 | -35 | 1 | 0 |
| 30 Sep 21 | 389 | -10 | 1 | 0 |
| 30 Jun 21 | 390 | 0 | 1 | 0 |
| 31 Mar 21 | 391 | 11 | 1 | 0 |
| 31 Dec 20 | 450 | 9 | 3 | 0 |
| 30 Sep 20 | 510 | 6 | 5 | 0 |
| 30 Jun 20 | 589 | 12 | 5 | 0 |
| 31 Mar 20 | 669 | 17 | 5 | 0 |
| 31 Dec 19 | 686 | 24 | 5 | 0 |
| 30 Sep 19 | 703 | 30 | 4 | 0 |
| 30 Jun 19 | 739 | 31 | 4 | 0 |
| 31 Mar 19 | 775 | 33 | 4 | 0 |
| 31 Mar 18 | 558 | 22 | 1 | 0 |
| 31 Mar 17 | 641 | 28 | 3 | 0 |
| 31 Mar 16 | 630 | 27 | 2 | 0 |
| 31 Mar 15 | 87 | 3 | 0 | 0 |
Quality Earnings: ACCORD has a large one-off gain of ₹1.1M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: ACCORD's current net profit margins (1.2%) are lower than last year (1.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ACCORD's earnings have declined by 43.8% per year over the past 5 years.
Accelerating Growth: ACCORD's earnings growth over the past year (31.7%) exceeds its 5-year average (-43.8% per year).
Earnings vs Industry: ACCORD earnings growth over the past year (31.7%) exceeded the Commercial Services industry 20.3%.
Return on Equity
High ROE: ACCORD's Return on Equity (2.7%) is considered low.