Pace E-Commerce Ventures Ltd
Incorporated in 2015, Pace E-Commerce Ventures Limited offers children's furniture, bedding, housewares, and essentials through its e-commerce portal - www.cotandcandy.com offering a large range of products across different categories. [1]
- Market Cap ₹ 62.2 Cr.
- Current Price ₹ 27.6
- High / Low ₹ 35.8 / 15.8
- Stock P/E 26.0
- Book Value ₹ 32.4
- Dividend Yield 0.00 %
- ROCE 5.41 %
- ROE 3.39 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.86 times its book value
- Debtor days have improved from 93.0 to 72.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.44% over last 3 years.
- Earnings include an other income of Rs.1.17 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 | |
|---|---|---|---|---|---|
| 1.49 | 1.70 | 10.46 | 28.37 | 42.81 | |
| 1.42 | 1.38 | 9.54 | 26.99 | 39.58 | |
| Operating Profit | 0.07 | 0.32 | 0.92 | 1.38 | 3.23 |
| OPM % | 4.70% | 18.82% | 8.80% | 4.86% | 7.54% |
| 0.01 | 0.02 | 0.05 | 0.03 | 1.17 | |
| Interest | 0.06 | 0.23 | 0.22 | 0.63 | 0.71 |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.02 | 0.40 |
| Profit before tax | 0.01 | 0.10 | 0.73 | 0.76 | 3.29 |
| Tax % | 0.00% | 30.00% | 27.40% | 18.42% | 27.05% |
| 0.00 | 0.07 | 0.54 | 0.62 | 2.39 | |
| EPS in Rs | 0.00 | 0.04 | 0.29 | 0.28 | 1.06 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 193% |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 224% |
| TTM: | 285% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 48% |
| 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 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 18.32 | 18.32 | 22.53 | 22.53 |
| Reserves | 0.06 | 7.63 | 8.18 | 47.99 | 50.39 |
| 1.22 | 0.97 | 1.42 | 3.41 | 2.79 | |
| 0.29 | 0.94 | 4.50 | 1.09 | 7.86 | |
| Total Liabilities | 1.58 | 27.86 | 32.42 | 75.02 | 83.57 |
| 0.03 | 22.54 | 22.55 | 22.71 | 26.56 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.17 | 0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 30.88 | 30.13 |
| 1.54 | 5.31 | 9.86 | 21.26 | 26.88 | |
| Total Assets | 1.58 | 27.86 | 32.42 | 75.02 | 83.57 |
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 | |
| Inventory Days | 234.64 | 489.63 | 82.93 | 22.03 | |
| Days Payable | 117.32 | 396.16 | 83.80 | 7.06 | |
| Cash Conversion Cycle | 207.96 | 209.42 | 97.19 | 123.81 | |
| Working Capital Days | 281.71 | 234.03 | 147.95 | 184.88 | |
| ROCE % | 2.34% | 3.46% | 2.73% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Jul - Confirmation Certificate in details of Share Certificates dematerialized for the quarter ended on 30 June, 2024 as received from the Registrar and Share Transfer Agent …
- SUBMISSION OF FINANCIAL RESULTS FOR ''PACE E-COMMERCE VENTURES LIMITED'' FOR THE HALF YEAR AND YEAR ENDED MARCH 31, 2024. 18 May
- Board Meeting Outcome for For Declaration Of Audited Half-Yearly And Yearly Results Of The Company For The Financial Year Ending 31St March, 2024, Held On Saturday, 18Th May, 2024. 18 May
- Board Meeting Intimation for Board Meeting Under Regulation 29 & 33 Of SEBI (LODR) Regulations, 2015 9 May
-
Compliance- Regulation 40(9) Of SEBI(LODR) Regulations
23 Apr - Certificate from a Practicing Company Secretary for the year ended 31.03.2024 in compliance with Regulation 40(9).
History[1] Pace E-Commerce Ventures Ltd. (PEVL) started in August 2015 as a business that would give kids/young consumers and sports enthusiasts in India access to International Football Clubs Merchandise and International Sports Brands' apparel and Sports Goods. It started with imports and distribution of branded international sports apparel and then extended to various branded merchandise and accessories. Thereafter company acquired manufacturing and distribution licenses for some of the popular and biggest brands in the Kids' Entertainment Industry.