Ace Engitech Ltd

Ace Engitech Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ace Engitech Ltd

₹ 191 2.00%
22 Nov - close price
psfs.co.in BSE: 530669
About

Incorporated in 1991, Ace Engitech Limited (formerly Prem Somani Financial Services Limited) provides IT services

Key Points

Change in Business:[1]
Company used to be an NBFC but RBI cancelled Certificate of Registration vide Order dated October 18th 2018 due to non maintenance of minimum Net Owned Fund and no NBFC related activities being carried out by company. On August 9th 2021, company changed its objects from financial activities to IT Technologies and web designing related activities

Website BSE
  • Market Cap ₹ 16.4 Cr.
  • Current Price ₹ 191
  • High / Low ₹ 191 / 12.4
  • Stock P/E
  • Book Value ₹ 5.01
  • Dividend Yield 0.00 %
  • ROCE -23.6 %
  • ROE -25.2 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 38.2 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 27.8%
  • Company has a low return on equity of -12.3% over last 3 years.
  • Working capital days have increased from 1,712 days to 5,110 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.00 0.00 0.25 0.10 0.00 0.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.04 0.05 0.11 0.21 0.14 0.05 0.03 0.06 0.03 0.02 0.03 0.05 0.08
Operating Profit -0.04 -0.05 0.14 -0.11 -0.14 0.08 -0.03 -0.06 -0.03 -0.02 -0.03 -0.05 -0.08
OPM % 56.00% -110.00% 61.54%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.04 -0.05 0.14 -0.11 -0.14 0.08 -0.03 -0.06 -0.03 -0.02 -0.03 -0.05 -0.08
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.04 -0.05 0.14 -0.11 -0.14 0.08 -0.03 -0.06 -0.03 -0.02 -0.03 -0.05 -0.08
EPS in Rs -0.12 -0.15 0.42 -0.33 -0.42 0.24 -0.09 -0.18 -0.09 -0.06 -0.09 -0.58 -0.93
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.06 0.06 0.09 0.11 0.12 0.09 0.06 0.05 0.06 0.25 0.23 -0.01 0.00
0.05 0.06 0.07 0.10 0.26 0.83 0.74 0.33 0.37 0.25 0.36 0.14 0.18
Operating Profit 0.01 0.00 0.02 0.01 -0.14 -0.74 -0.68 -0.28 -0.31 0.00 -0.13 -0.15 -0.18
OPM % 16.67% 0.00% 22.22% 9.09% -116.67% -822.22% -1,133.33% -560.00% -516.67% 0.00% -56.52%
0.01 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.01 0.25 0.03 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00
Depreciation 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.01 0.01 0.04 0.01 -0.14 -0.74 -0.68 -0.28 -0.30 0.25 -0.11 -0.15 -0.18
Tax % 0.00% 0.00% 25.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.01 0.01 0.03 0.01 -0.14 -0.74 -0.68 -0.29 -0.30 0.25 -0.11 -0.16 -0.18
EPS in Rs 0.03 0.03 0.09 0.03 -0.42 -2.24 -2.06 -0.88 -0.91 0.76 -0.33 -0.48 -1.66
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: 14%
TTM: -350%
Stock Price CAGR
10 Years: %
5 Years: 154%
3 Years: 194%
1 Year: 1363%
Return on Equity
10 Years: -16%
5 Years: -22%
3 Years: -12%
Last Year: -25%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 0.86
Reserves -0.96 -0.95 -0.94 -0.93 -1.06 -1.45 -2.13 -2.41 -2.72 -2.47 -2.59 -2.74 -0.43
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.23 0.22 0.26 0.27 0.07 0.03 0.01 0.01 0.21 0.45 0.55 0.33 0.36
Total Liabilities 2.57 2.57 2.62 2.64 2.31 1.88 1.18 0.90 0.79 1.28 1.26 0.89 0.79
0.04 0.04 0.03 0.03 0.03 0.04 0.04 0.03 0.03 0.01 0.02 0.01 0.01
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.14 0.00 0.00
Investments 1.21 1.21 1.27 1.32 1.05 0.61 0.62 0.59 0.33 0.29 0.29 0.29 0.29
1.32 1.32 1.32 1.29 1.23 1.23 0.52 0.28 0.43 0.93 0.81 0.59 0.49
Total Assets 2.57 2.57 2.62 2.64 2.31 1.88 1.18 0.90 0.79 1.28 1.26 0.89 0.79

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.02 0.01 0.04 0.01 0.03 -0.12 -0.68 -0.05 -0.18 0.27 -56,966.65 -8,441.31
-0.04 0.09 -0.07 0.00 -0.05 0.10 0.61 0.00 0.53 -0.50 47,307.32 13,818.75
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.00
Net Cash Flow -0.02 0.10 -0.03 0.01 -0.02 -0.02 -0.08 0.03 0.35 -0.23 -9,659.33 5,377.44

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 60.83 116.80 682.39 -7,300.00
Inventory Days 0.00
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 60.83 116.80 682.39 -7,300.00
Working Capital Days 0.00 0.00 0.00 -99.55 -152.08 -40.56 -60.83 -73.00 -1,155.83 -306.60 333.26 5,110.00
ROCE % 0.43% 0.43% 1.70% 0.42% -6.07% -36.19% -45.03% -27.18% -40.82% 1.42% -12.99% -23.62%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.84%
4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 0.00%
67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 72.16%
No. of Shareholders 2,9942,9642,9463,0533,0463,0813,0683,1073,1313,2073,253617

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports