Ace Software Exports Ltd
₹ 466
1.99%
22 Nov
- close price
About
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.
Key Points
- Market Cap ₹ 298 Cr.
- Current Price ₹ 466
- High / Low ₹ 510 / 22.8
- Stock P/E 60.2
- Book Value ₹ 44.3
- Dividend Yield 0.00 %
- ROCE 21.6 %
- ROE 0.31 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 10.5 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -11.7%
- 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
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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 | 0.83 | 1.30 | 0.83 | 2.46 | 2.20 | 2.56 | 1.54 | -4.38 | -1.47 | -1.24 | 0.21 | 7.28 | 9.34 |
| 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: | 48% |
| 5 Years: | 95% |
| 3 Years: | 198% |
| 1 Year: | 1987% |
| 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% | 21.60% |
Documents
Announcements
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Board Meeting Outcome for Outcome Of Rights Issue Committee Meeting.
23h - Approval of ₹4,992 Lakhs rights issue for equity shares.
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Board Meeting Intimation for Meeting Of The Rights Issue Committee Of The Board
20 Nov - Meeting of Rights Issue Committee scheduled for November 23, 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper Publication of unaudited financials results (standalone & consolidated) for the quarter and half year ended 30th September, 2024.
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Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results (Standalone & Consolidated) For The Quarter/Half Year Ended On September 30, 2024 And Limited Review Report
14 Nov - Approval of financial results and director appointment.
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Board Meeting Intimation for Approval Of Standalone And Consolidated Un-Audited Financial Results For The Quarter Ended On 30Th September, 2024 And Approval Of Other Agenda
11 Nov - Board meeting to approve Q2 financial results.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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