Ace Engitech Ltd
Incorporated in 1991, Ace Engitech Limited (formerly Prem Somani Financial Services Limited) provides IT services
- Market Cap ₹ 7.12 Cr.
- Current Price ₹ 21.6
- High / Low ₹ 29.0 / 11.9
- Stock P/E
- Book Value ₹ 1.70
- Dividend Yield 0.00 %
- ROCE -23.6 %
- ROE -25.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 12.7 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 27.9%
- Company has a low return on equity of -12.3% over last 3 years.
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.06 | 0.06 | 0.09 | 0.11 | 0.12 | 0.09 | 0.06 | 0.05 | 0.06 | 0.25 | 0.23 | 0.00 | |
0.05 | 0.06 | 0.07 | 0.10 | 0.26 | 0.83 | 0.74 | 0.33 | 0.37 | 0.25 | 0.36 | 0.15 | |
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 |
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 | |
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 |
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 |
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 |
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 | |
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 |
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: | -45% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 49% |
3 Years: | 35% |
1 Year: | 51% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
0.00 | 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 | |
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 |
0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.01 | 0.02 | 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 |
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 |
1.32 | 1.32 | 1.32 | 1.29 | 1.23 | 1.23 | 0.52 | 0.28 | 0.43 | 0.93 | 0.81 | 0.59 | |
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 |
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 | -0.31 | -0.08 | |
-0.04 | 0.09 | -0.07 | 0.00 | -0.05 | 0.10 | 0.61 | 0.00 | 0.53 | -0.50 | 0.21 | 0.14 | |
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 | -0.10 | 0.05 |
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 | |
Inventory Days | ||||||||||||
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 | |
Working Capital Days | 0.00 | 0.00 | 0.00 | -99.55 | -152.08 | -40.56 | -60.83 | -73.00 | -1,155.83 | -306.60 | -79.35 | |
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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Change in Directorate 2d
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Company has received resignation letter from Mr. Niraj Gulecha to releive him from the directorship due to his preoccupations and personal reasons. Kindly take the …
- Board Meeting Outcome for Outcome Of Meeting Of The Board Of Ace Engitech Limited (Erstwhile Prem Somani Financial Services Limited) Held Today I.E. On Monday, July 22, 2024. 22 Jul
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Announcement under Regulation 30 (LODR)-Change in Directorate
22 Jul - Board at their meeting held today i.e. on July 22, 2024 has approved the appointment of Directors of the company as per attached annexures.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 20 Jul
Annual reports
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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 2011
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Financial Year 2009
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Financial Year 2008
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Financial Year 2006
from bse
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