Pace E-Commerce Ventures Ltd
Incorporated in 2015, PACE E-Commerce Ventures Ltd is in the business of selling Branded /Customized and personalized products[1]
- Market Cap ₹ 68.3 Cr.
- Current Price ₹ 30.3
- High / Low ₹ 44.4 / 15.8
- Stock P/E 19.6
- Book Value ₹ 33.0
- Dividend Yield 0.00 %
- ROCE 5.38 %
- ROE 3.33 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.92 times its book value
- Company's working capital requirements have reduced from 148 days to 110 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.42% over last 3 years.
- Earnings include an other income of Rs.1.76 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: E-Commerce/App based Aggregator Industry: Trading
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 1.49 | 1.70 | 10.46 | 28.37 | 42.80 | 56.08 | |
| 1.42 | 1.38 | 9.54 | 26.99 | 39.50 | 51.44 | |
| Operating Profit | 0.07 | 0.32 | 0.92 | 1.38 | 3.30 | 4.64 |
| OPM % | 4.70% | 18.82% | 8.80% | 4.86% | 7.71% | 8.27% |
| 0.01 | 0.02 | 0.05 | 0.03 | 1.17 | 1.76 | |
| Interest | 0.06 | 0.23 | 0.22 | 0.63 | 0.78 | 0.71 |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.02 | 0.40 | 0.88 |
| Profit before tax | 0.01 | 0.10 | 0.73 | 0.76 | 3.29 | 4.81 |
| Tax % | 0.00% | 30.00% | 27.40% | 18.42% | 27.05% | |
| 0.00 | 0.07 | 0.54 | 0.62 | 2.39 | 3.48 | |
| EPS in Rs | 0.00 | 0.04 | 0.29 | 0.28 | 1.06 | 1.54 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 193% |
| TTM: | 72% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 224% |
| TTM: | 816% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 55% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 18.32 | 18.32 | 22.53 | 22.53 | 22.53 |
| Reserves | 0.06 | 7.63 | 8.18 | 47.99 | 50.39 | 51.75 |
| 1.22 | 0.97 | 1.42 | 3.42 | 4.53 | 2.58 | |
| 0.29 | 0.94 | 4.50 | 1.08 | 6.12 | 11.20 | |
| Total Liabilities | 1.58 | 27.86 | 32.42 | 75.02 | 83.57 | 88.06 |
| 0.03 | 22.54 | 22.55 | 22.71 | 26.30 | 26.24 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.17 | 0.26 | 0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 30.67 |
| 1.54 | 5.31 | 9.86 | 52.14 | 57.01 | 31.15 | |
| Total Assets | 1.58 | 27.86 | 32.42 | 75.02 | 83.57 | 88.06 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.00 | -2.82 | -2.29 | -41.38 | 2.41 | |
| 0.03 | -22.52 | -0.03 | -0.35 | -4.08 | |
| 0.02 | 25.37 | 2.31 | 42.23 | 1.39 | |
| Net Cash Flow | 0.05 | 0.03 | 0.00 | 0.50 | -0.28 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 90.64 | 115.94 | 98.05 | 108.84 | 9.21 |
| Inventory Days | 234.64 | 489.63 | 82.93 | 21.98 | 91.03 |
| Days Payable | 117.32 | 396.16 | 83.80 | 7.04 | 41.82 |
| Cash Conversion Cycle | 207.96 | 209.42 | 97.19 | 123.78 | 58.42 |
| Working Capital Days | 281.71 | 234.03 | 147.95 | 184.88 | 110.27 |
| ROCE % | 2.34% | 3.46% | 2.73% | 5.38% |
Documents
Announcements
- Results For Half Year Ended On 30Th September, 2024 11 Nov
-
Board Meeting Outcome for Board Meeting Outcome For Declaration Of Un-Audited Half-Yearly Results Of The Company For The Half Year Financial Year Ending On 30Th September, 2024.
11 Nov - Board approved un-audited financial results for H1 2024.
-
Board Meeting Intimation for SUBMISSION OF FINANCIAL RESULTS FOR ''''PACE E-COMMERCE VENTURES LIMITED'''' FOR THE HALF YEAR ENDED ON SEPTEMBER 30, 2024
6 Nov - Board meeting to approve financial results for H1 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
24 Oct - Certificate under SEBI regulations for Q3 2024.
-
Announcement Under Regulation 30 SEBI (LODR) Regulations, 2015- Clarification Letter On The Price Movement Of The Company.
16 Oct - Clarification on share price movement and compliance.
Business Overview:[1][2]
PACEECVL is a multi-platform online retailer and print-on-demand manufacturing enterprise. It offers B2C and B2B platforms for personalized and customized products.
Company has ~1,000+ designs, ~100+ Distributors, ~15+ Own and Licensed brands, ~10+ Multi Brand Outlet Chains, ~9+ Major product categories, ~1 Platform in pipeline, ~7 Active platforms, ~1,500+ Sales Points, ~400+ products