Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹82.93, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 22x in the IT industry in India. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹65.00, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 22x in the IT industry in India. Total returns to shareholders of 18% over the past three years. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹1.37 (vs ₹0.40 in FY 2025) Full year 2026 results: EPS: ₹1.37 (up from ₹0.40 in FY 2025). Revenue: ₹42.0m (up 15% from FY 2025). Net income: ₹6.56m (up 231% from FY 2025). Profit margin: 16% (up from 5.4% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 25
Accedere Limited to Report Q4, 2026 Results on May 29, 2026 Accedere Limited announced that they will report Q4, 2026 results on May 29, 2026 New Risk • Feb 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹34m revenue, or US$371k). Market cap is less than US$10m (₹215.3m market cap, or US$2.37m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Jan 30
Third quarter 2026 earnings released Third quarter 2026 results: Revenue: ₹7.28m (flat on 3Q 2025). Net loss: ₹179.0k (down 170% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 20
Accedere Limited to Report Q3, 2026 Results on Jan 28, 2026 Accedere Limited announced that they will report Q3, 2026 results on Jan 28, 2026 Tillkännagivande • Oct 21
Accedere Limited to Report Q2, 2026 Results on Oct 28, 2025 Accedere Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Oct 28, 2025 Tillkännagivande • Sep 01
Accedere Limited, Annual General Meeting, Sep 26, 2025 Accedere Limited, Annual General Meeting, Sep 26, 2025. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹0.10 (vs ₹0.01 loss in 1Q 2025) First quarter 2026 results: EPS: ₹0.10 (up from ₹0.01 loss in 1Q 2025). Revenue: ₹7.56m (down 22% from 1Q 2025). Net income: ₹464.0k (up ₹515.0k from 1Q 2025). Profit margin: 6.1% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 02
Accedere Limited to Report Q1, 2026 Results on Aug 11, 2025 Accedere Limited announced that they will report Q1, 2026 results on Aug 11, 2025 New Risk • Jul 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). High level of non-cash earnings (70% accrual ratio). Revenue is less than US$1m (₹37m revenue, or US$423k). Market cap is less than US$10m (₹313.6m market cap, or US$3.63m). Board Change • Jun 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Harsh Joshi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 23
Full year 2025 earnings released: EPS: ₹0.44 (vs ₹0.16 loss in FY 2024) Full year 2025 results: EPS: ₹0.44 (up from ₹0.16 loss in FY 2024). Revenue: ₹37.7m (up 47% from FY 2024). Net income: ₹1.98m (up ₹2.69m from FY 2024). Profit margin: 5.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 15
Accedere Limited to Report Q4, 2025 Results on Apr 24, 2025 Accedere Limited announced that they will report Q4, 2025 results on Apr 24, 2025 New Risk • Mar 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹35m revenue, or US$408k). Market cap is less than US$10m (₹317.7m market cap, or US$3.65m). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Reported Earnings • Feb 15
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₹7.36m (down 25% from 3Q 2024). Net income: ₹257.0k (down 57% from 3Q 2024). Profit margin: 3.5% (down from 6.1% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 04
Accedere Limited to Report Q3, 2025 Results on Feb 13, 2025 Accedere Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹38m revenue, or US$448k). Market cap is less than US$10m (₹400.5m market cap, or US$4.72m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹0.24 (vs ₹0.10 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.24 (up from ₹0.10 loss in 2Q 2024). Revenue: ₹10.6m (up 151% from 2Q 2024). Net income: ₹1.06m (up ₹1.51m from 2Q 2024). Profit margin: 10.0% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Nov 05
Accedere Limited to Report Q2, 2025 Results on Nov 12, 2024 Accedere Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 07
Full year 2024 earnings released: ₹0.16 loss per share (vs ₹0.054 loss in FY 2023) Full year 2024 results: ₹0.16 loss per share (further deteriorated from ₹0.054 loss in FY 2023). Revenue: ₹25.6m (up 67% from FY 2023). Net loss: ₹709.0k (loss widened 174% from FY 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 31
Accedere Limited to Report Q1, 2025 Results on Aug 07, 2024 Accedere Limited announced that they will report Q1, 2025 results on Aug 07, 2024 Tillkännagivande • Jul 26
Accedere Limited, Annual General Meeting, Aug 28, 2024 Accedere Limited, Annual General Meeting, Aug 28, 2024. Reported Earnings • May 30
Full year 2024 earnings released: ₹0.16 loss per share (vs ₹0.054 loss in FY 2023) Full year 2024 results: ₹0.16 loss per share (further deteriorated from ₹0.054 loss in FY 2023). Revenue: ₹27.1m (up 76% from FY 2023). Net loss: ₹942.0k (loss widened 264% from FY 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 08
Accedere Limited to Report Q4, 2024 Results on May 21, 2024 Accedere Limited announced that they will report Q4, 2024 results on May 21, 2024 New Risk • Feb 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹23m revenue, or US$275k). Market cap is less than US$10m (₹324.7m market cap, or US$3.91m). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: ₹0.13 (vs ₹0.38 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.13 (down from ₹0.38 in 3Q 2023). Revenue: ₹9.78m (up 47% from 3Q 2023). Net income: ₹599.0k (down 67% from 3Q 2023). Profit margin: 6.1% (down from 27% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 30
Accedere Limited to Report Q3, 2024 Results on Feb 07, 2024 Accedere Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: ₹0.10 loss per share (vs ₹0.33 loss in 2Q 2023) Second quarter 2024 results: ₹0.10 loss per share (improved from ₹0.33 loss in 2Q 2023). Revenue: ₹4.23m (up 222% from 2Q 2023). Net loss: ₹454.0k (loss narrowed 71% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 06
Full year 2023 earnings released: ₹0.054 loss per share (vs ₹0.048 loss in FY 2022) Full year 2023 results: ₹0.054 loss per share (further deteriorated from ₹0.048 loss in FY 2022). Revenue: ₹16.4m (up 94% from FY 2022). Net loss: ₹259.0k (loss widened 21% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 112% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 04
Accedere Limited, Annual General Meeting, Sep 28, 2023 Accedere Limited, Annual General Meeting, Sep 28, 2023. Tillkännagivande • Jul 26
Accedere Limited to Report Q1, 2024 Results on Aug 03, 2023 Accedere Limited announced that they will report Q1, 2024 results on Aug 03, 2023 New Risk • Jul 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Earnings have declined by 0.7% per year over the past 5 years. Revenue is less than US$1m (₹8.2m revenue, or US$100k). Market cap is less than US$10m (₹251.2m market cap, or US$3.06m). Minor Risk Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Tillkännagivande • May 19
Accedere Limited to Report Q4, 2023 Results on May 30, 2023 Accedere Limited announced that they will report Q4, 2023 results on May 30, 2023 Tillkännagivande • Feb 15
Accedere Limited Announces Company Secretary & Compliance Officer Changes Accedere Limited at its board meeting to be held on February 24, 2023 to consider and approve the appointment of new Company Secretary and Compliance Officer in place of Mr. Ankit Shah among other matters. Tillkännagivande • Feb 04
Accedere Limited to Report Q3, 2023 Results on Feb 11, 2023 Accedere Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 11, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released: ₹0.33 loss per share (vs ₹0.09 loss in 2Q 2022) Second quarter 2023 results: ₹0.33 loss per share (further deteriorated from ₹0.09 loss in 2Q 2022). Revenue: ₹1.44m (up 27% from 2Q 2022). Net loss: ₹1.56m (loss widened 250% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 226 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Reena Shinde was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 05
Accedere Limited to Report Q2, 2023 Results on Nov 12, 2022 Accedere Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 12, 2022 Tillkännagivande • Aug 25
Accedere Limited, Annual General Meeting, Sep 16, 2022 Accedere Limited, Annual General Meeting, Sep 16, 2022, at 15:00 Indian Standard Time. Location: Accedere Limited, Spaces Inspirehub, Western Heights J P Road, 4 Bunglows, Andheri West Mumbai India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the year ended 31st March, 2022; to appoint a Director in place of Ms. Priya Chaudhary; to consider appointment of statutory auditors; and to transact other matters. Reported Earnings • Aug 12
First quarter 2023 earnings released: ₹0.48 loss per share (vs ₹0.01 loss in 1Q 2022) First quarter 2023 results: ₹0.48 loss per share (down from ₹0.01 loss in 1Q 2022). Revenue: ₹1.02m (down 16% from 1Q 2022). Net loss: ₹2.31m (loss widened ₹2.25m from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 103% per year, which means it is well ahead of earnings. Reported Earnings • Jun 03
Full year 2022 earnings released: ₹0.05 loss per share (vs ₹0.037 profit in FY 2021) Full year 2022 results: ₹0.05 loss per share (down from ₹0.037 profit in FY 2021). Revenue: ₹8.98m (up 58% from FY 2021). Net loss: ₹214.0k (down 222% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Reena Shinde was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.03 loss per share (down from ₹0.14 profit in 3Q 2021). Revenue: ₹3.34m (up 70% from 3Q 2021). Net loss: ₹134.0k (down 120% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 180% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Reena Shinde was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 15% share price gain to ₹14.89, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 30x in the IT industry in India. Negligible returns to shareholders over past year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: ₹0.09 loss per share (vs ₹0.24 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹1.29m (up ₹1.14m from 2Q 2021). Net loss: ₹445.0k (loss narrowed 62% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 09
First quarter 2022 earnings released: ₹0.01 loss per share (vs ₹0.13 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹1.37m (up 63% from 1Q 2021). Net loss: ₹58.0k (loss narrowed 90% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 03
Full year 2021 earnings released: EPS ₹0.04 (vs ₹0.065 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹5.94m (down 25% from FY 2020). Net income: ₹176.0k (up ₹483.0k from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 20
New 90-day low: ₹11.50 The company is down 19% from its price of ₹14.26 on 20 November 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 19% over the same period. Is New 90 Day High Low • Feb 04
New 90-day low: ₹12.10 The company is down 7.0% from its price of ₹13.08 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 19% over the same period. Reported Earnings • Feb 01
Third quarter 2021 earnings released: EPS ₹0.14 (vs ₹0.15 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.99m (up 91% from 3Q 2020). Net income: ₹680.0k (up ₹1.41m from 3Q 2020). Profit margin: 34% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 33% per year. Is New 90 Day High Low • Dec 16
New 90-day high: ₹14.84 The company is up 113% from its price of ₹6.98 on 16 September 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 12% over the same period. Reported Earnings • Nov 07
Second quarter 2021 earnings released: ₹0.24 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹146.0k (down 94% from 2Q 2020). Net loss: ₹1.16m (down ₹1.23m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 30
E Com Infotech (India) Limited (BSE:531533) completed the acquisition of 51% stake in Freebird Aerospace India Pvt Ltd. E Com Infotech (India) Limited (BSE:531533) agreed to acquire 51% stake in Freebird Aerospace India Pvt Ltd on December 14, 2019.
E Com Infotech (India) Limited (BSE:531533) completed the acquisition of 51% stake in Freebird Aerospace India Pvt Ltd on March 31, 2020. Under the transaction, 51,000 shares were acquired. 
