### **Overview** Accel Limited, founded in 1991 in Chennai, is a diversified technology and infrastructure services company with over three decades of experience. Initially established as one of India’s first multi-vendor IT infrastructure service providers, Accel has evolved into a group with focused operations across IT services, media, education, real estate, and electronics R&D. The company relaunched its business in 2019 under the strategic vision **“Accel 2.0”**, aiming to reposition itself as a leading player in digital transformation support services. Listed on the BSE and previously on the NSE, Accel has undergone significant transformation through acquisitions, restructuring, and strategic investments, particularly after the expiration of a non-compete agreement with Inspirisys Solutions in 2019. --- ### **Business Segments & Key Offerings** #### **1. IT Services (Core Operations)** Accel’s primary business is centered around end-to-end IT infrastructure and support services, delivered through its division **Accel IT Services (Accel ITS)**, which employs approximately **1,500 professionals** and serves **over 800 customer locations** across India. **Core Service Lines:** - **IT Infrastructure Management Services (IMS)** – The company’s largest revenue contributor, offering 24x7 managed services via a PAN-India network of over 36 service centers and 8 regional warehouses. It supports more than 600 corporate clients in BFSI, ITES, manufacturing, pharma, and automotive sectors. - **Warranty & Logistics Management Services (WLMS)** – Provides field service, parts warehousing, logistics, backend repairs, and CRM for global OEMs including **Apple, HP, Lenovo, Cisco, IBM, Microsoft, Samsung, and Xiaomi**. - **Managed Print Services (MPS)** – Offered on a pay-per-use model in partnership with Ricoh and Fujifilm, enabling organizations to streamline document workflows, enhance security, and reduce operational costs. - **System Integration & Enterprise IT Solutions** – Delivers IMAC (Install, Move, Add, Change), cloud/on-prem migrations, OS upgrades, network design, data center deployments, and hardware integration. - **Cybersecurity Services** – Through a strategic 26% equity stake in **Secureinteli Technologies Private Limited** (formerly BizCarta), Accel offers managed security services, 24/7 monitoring via a Security Operations Center (SOC), vulnerability assessments, and incident response. Partnerships include CrowdStrike, SentinelOne, Fortinet, Palo Alto, Cisco, and others. - **Software Services Division** – Launched to support digital transformation with capabilities in **cloud solutions, web and mobile app development, product engineering, and DevOps consulting**. - **Cloud & Digital Transformation** – Focus areas under Accel 2.0, with services in cloud migration, remote infrastructure management, and enterprise IT modernization. Accel ITS operates a **Network Operations Center (NOC)** and **Security Operations Center (SOC)**, is **ISO 27001:2013 certified**, and is pursuing CERT-In empanelment. --- #### **2. Strategic Investments & Subsidiaries** - **Secureinteli Technologies Pvt Ltd** – Accel holds a **26% equity stake** (acquired for Rs. 4.88 crore in FY22), classifying it as an associate company. This investment marks Accel’s strategic entry into the cybersecurity domain. - **Full Subsidiaries**: Accel IT Services Limited, Computer Factory India Pvt Ltd, and Accel OEM Appliances Limited. - **Joint Ventures**: - **Cetronics Technologies Pvt Ltd** (50% ownership): An electronics R&D venture. - **Accel Media Ventures Ltd** (77% stake): Involved in media and content production. --- #### **3. Accel Realty** - Developing commercial IT office space in the **KINFRA IT Special Economic Zone (SEZ), Thiruvananthapuram**. - **Phase I**: Completed with **165,000 sq. ft.** of operational space. - **Phase II**: 2 additional acres acquired for **350,000 sq. ft.** of development. - **Phase III**: Planned for **250,000 sq. ft.**, bringing total development to **750,000 sq. ft.** by 2025–2026. - Accel holds **co-developer status** with KINFRA, allowing it to lease space to software export units. The facility targets multinational and domestic IT firms seeking cost-efficient Tier 2 city operations. --- #### **4. Accel Media & Education** - **Accel Animation / Accel Media**: Produces VFX and digital intermediate (DI) content for domestic and international films. Has completed **over 250 movie projects** in the past four years. Owns intellectual property (IP) rights in digital content. - **Accel Academy**: A **33-year-old brand** relaunched as a formal business unit offering **hybrid IT and media education programs**, comparable to modern institutions. Positioned for scalability and market expansion. - **Accel TV**: A YouTube-based digital content channel with **over 144,000 subscribers**, used to commercialize existing and new content. Part of a broader digital distribution and monetization strategy. --- ### **Strategic Direction: Accel 2.0** Launched in 2019 by the founder after returning to the business, **"Accel 2.0"** represents a comprehensive revitalization strategy focused on: - Shifting from traditional IT services to **higher-growth areas**: **Cloud Infrastructure, Cybersecurity, Managed Services, and Digital Transformation**. - Consolidating operations by merging subsidiaries (including Accel IT Services and Computer Factory India) to improve efficiency. - Strengthening **go-to-market capabilities** through hiring senior sales professionals and enhancing internal processes. - Leveraging long-term client relationships for **upselling and cross-selling** new services. - Expanding the value chain in IMS, MPS, and SI by adding premium solutions and technology partnerships (e.g., AWS, Azure, DellEMC, VMware). --- ### **Recent Developments (2024–2025)** - Continued expansion in **Managed Print Services** and **Cybersecurity**, supported by new OEM partnerships. - Investment in building a **Global Cyber Intelligence Centre** in collaboration with Secureinteli. - Progress in **Accel Realty’s development**, with Phase I fully operational and Phases II and III underway. - **Accel TV** is being positioned for commercialization with potential funding rounds. - Negotiations underway to become **authorized distributor and service provider in India for a leading Japanese medical/document imaging equipment manufacturer** (expected by end-July 2023, status monitored). --- ### **Financial Highlights (FY22)** - **Total Income**: ₹1,154.12 crore - **Net Profit After Tax**: ₹55.35 crore - **Strategic Investment**: ₹487.79 lakh in Secureinteli Technologies (26% stake) --- ### **Leadership & History** - **Founder**: An electronics engineer and former HCL professional who founded Accel in 1991. - Led the company through an **IPO in 2006**, mergers/acquisitions, and eventual **exit in 2016**. - Re-entered the IT services sector in **2019**, launching Accel 2.0 with a vision to build another successful enterprise. - The company had international presence in the USA, UAE, and Singapore during its early expansion (1996–2000), with investments from **ICICI Ventures** and **Intel Capital**.