Ace Software Exports Ltd
Incorporated in 1994, Ace Software Exports Limited is mainly engaged in the business of creation of Database. The company provides Document Management, Digital Publishing and Data Conversion and Technological solutions to its clients.
- Market Cap ₹ 205 Cr.
- Current Price ₹ 320
- High / Low ₹ 346 / 35.8
- Stock P/E 41.4
- Book Value ₹ 22.2
- Dividend Yield 0.00 %
- ROCE -1.73 %
- ROE 0.31 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 4.97% over last quarter.
Cons
- Stock is trading at 14.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 0.52% over past five years.
- Company has a low return on equity of -1.45% over last 3 years.
- Earnings include an other income of Rs.4.77 Cr.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3.75 | 4.70 | 5.92 | 8.05 | 8.43 | 8.71 | 8.00 | 7.35 | 8.40 | 8.07 | 8.20 | 8.21 | 9.46 | |
3.66 | 4.70 | 5.60 | 7.30 | 7.53 | 8.26 | 8.45 | 10.15 | 9.32 | 9.20 | 8.21 | 8.72 | 8.75 | |
Operating Profit | 0.09 | 0.00 | 0.32 | 0.75 | 0.90 | 0.45 | -0.45 | -2.80 | -0.92 | -1.13 | -0.01 | -0.51 | 0.71 |
OPM % | 2.40% | 0.00% | 5.41% | 9.32% | 10.68% | 5.17% | -5.62% | -38.10% | -10.95% | -14.00% | -0.12% | -6.21% | 7.51% |
0.52 | 0.84 | 0.71 | 0.71 | 0.71 | 1.12 | 1.43 | 0.98 | 0.42 | 0.74 | 0.35 | 5.69 | 4.77 | |
Interest | 0.02 | 0.02 | 0.03 | 0.02 | 0.07 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.04 |
Depreciation | 0.19 | 0.21 | 0.62 | 0.27 | 0.31 | 0.28 | 0.24 | 0.22 | 0.18 | 0.19 | 0.24 | 0.31 | 0.30 |
Profit before tax | 0.40 | 0.61 | 0.38 | 1.17 | 1.23 | 1.28 | 0.73 | -2.05 | -0.69 | -0.58 | 0.10 | 4.86 | 5.14 |
Tax % | 0.00% | 0.00% | 0.00% | 0.85% | 16.26% | 6.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.12% | |
0.39 | 0.61 | 0.39 | 1.15 | 1.03 | 1.20 | 0.72 | -2.05 | -0.69 | -0.58 | 0.10 | 4.66 | 4.95 | |
EPS in Rs | 0.41 | 0.65 | 0.41 | 1.22 | 1.10 | 1.28 | 0.77 | -2.18 | -0.73 | -0.62 | 0.11 | 3.64 | 4.66 |
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: | 6% |
5 Years: | 1% |
3 Years: | -1% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | -18% |
5 Years: | -7% |
3 Years: | 28% |
TTM: | 496% |
Stock Price CAGR | |
---|---|
10 Years: | 49% |
5 Years: | 93% |
3 Years: | 190% |
1 Year: | 811% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -4% |
3 Years: | -1% |
Last Year: | 0% |
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 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 6.40 | 6.40 |
Reserves | 9.92 | 10.52 | 10.90 | 12.06 | 14.39 | 15.43 | 16.01 | 12.76 | 12.98 | 12.81 | 13.06 | 20.96 | 21.97 |
0.17 | 0.05 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.27 | 0.01 | 0.00 | 0.00 | 0.00 | 1.41 | |
0.37 | 0.55 | 1.25 | 0.92 | 0.91 | 1.61 | 1.14 | 1.24 | 1.15 | 1.05 | 0.99 | 2.10 | 1.98 | |
Total Liabilities | 15.14 | 15.80 | 16.83 | 17.71 | 19.98 | 21.72 | 21.83 | 18.95 | 18.82 | 18.54 | 18.73 | 29.46 | 31.76 |
1.96 | 1.99 | 1.85 | 3.95 | 4.50 | 4.30 | 3.75 | 3.55 | 3.64 | 3.43 | 4.17 | 3.25 | 3.11 | |
CWIP | 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 |
Investments | 7.68 | 7.01 | 6.01 | 6.64 | 9.21 | 10.67 | 10.41 | 5.62 | 5.51 | 7.38 | 6.74 | 19.52 | 22.46 |
5.50 | 6.80 | 8.97 | 7.12 | 6.27 | 6.75 | 7.67 | 9.78 | 9.67 | 7.73 | 7.82 | 6.69 | 6.19 | |
Total Assets | 15.14 | 15.80 | 16.83 | 17.71 | 19.98 | 21.72 | 21.83 | 18.95 | 18.82 | 18.54 | 18.73 | 29.46 | 31.76 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.13 | -0.02 | -0.01 | 1.67 | 1.14 | -0.07 | -0.95 | -3.20 | -0.60 | 1.56 | 0.03 | 0.75 | |
0.00 | -0.23 | 0.35 | -1.43 | -1.02 | -0.42 | 1.59 | 2.62 | 0.39 | -1.48 | -0.09 | -6.62 | |
0.14 | -0.13 | -0.07 | 0.04 | -0.06 | -0.01 | 0.00 | 0.26 | -0.27 | -0.01 | 0.00 | 6.01 | |
Net Cash Flow | 0.27 | -0.38 | 0.28 | 0.27 | 0.07 | -0.50 | 0.64 | -0.32 | -0.48 | 0.07 | -0.06 | 0.15 |
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 | 29.20 | 0.00 | 1.85 | 0.00 | 0.00 | 2.51 | 4.56 | 4.97 | 0.43 | 0.45 | 0.45 | 14.67 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 29.20 | 0.00 | 1.85 | 0.00 | 0.00 | 2.51 | 4.56 | 4.97 | 0.43 | 0.45 | 0.45 | 14.67 |
Working Capital Days | 199.53 | 174.73 | 151.06 | 87.51 | 57.15 | 65.79 | 130.94 | 266.18 | 231.60 | 259.62 | 263.51 | 162.72 |
ROCE % | 4.28% | 3.40% | 1.36% | 6.05% | 7.08% | 6.58% | 0.39% | -12.86% | -3.84% | -5.75% | 0.57% | -1.73% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
16 Jan - Acquired remaining 60% stake in QeCAD and QeNomy.
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Intimation Of Record Date For First And Final Call On The Partly Paid Up Equity Shares
15 Jan - Intimation of record date for equity share call.
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Board Meeting Outcome for Board Meeting Outcome For Approval Of Payment Of First And Final Call Money On 64,00,000 Partly Paid Up Equity Shares Of The Company
15 Jan - Board approved first and final call on equity shares.
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Board Meeting Intimation for Board Meeting Scheduled To Be Held On Wednesday, January 15, 2025
12 Jan - Board meeting to discuss call money payment.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Services Offered:[1]
The company runs its Publishing business through:
a) Pre Press Projects
b) E-book Formatting
c) Editing Content
d) Cover Design
e) Distribution & Marketing
f) Document Conversion
The company also offers technological solutions through:[2]
a) building Apps
b) Websites
c) Software
d) Providing IT Infra
e) Project Management