Ace Engitech Ltd
Incorporated in 1991, Ace Engitech Limited (formerly Prem Somani Financial Services Limited) provides IT services
- Market Cap ₹ 7.05 Cr.
- Current Price ₹ 21.4
- High / Low ₹ 29.0 / 11.9
- Stock P/E
- Book Value ₹ 1.88
- Dividend Yield 0.00 %
- ROCE -13.0 %
- ROE -14.3 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 11.4 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 27.9%
- Company has a low return on equity of -18.1% over last 3 years.
- Company has high debtors of 604 days.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.08 | 0.06 | 0.06 | 0.09 | 0.11 | 0.12 | 0.09 | 0.06 | 0.05 | 0.06 | 0.26 | 0.26 | 0.00 | |
0.08 | 0.05 | 0.06 | 0.07 | 0.10 | 0.26 | 0.83 | 0.74 | 0.33 | 0.37 | 0.26 | 0.36 | 0.14 | |
Operating Profit | 0.00 | 0.01 | 0.00 | 0.02 | 0.01 | -0.14 | -0.74 | -0.68 | -0.28 | -0.31 | 0.00 | -0.10 | -0.14 |
OPM % | 0.00% | 16.67% | 0.00% | 22.22% | 9.09% | -116.67% | -822.22% | -1,133.33% | -560.00% | -516.67% | 0.00% | -38.46% | |
0.01 | 0.01 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.25 | 0.00 | 0.00 | |
Interest | 0.00 | 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 | 0.00 | 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 | 0.01 | 0.04 | 0.01 | -0.14 | -0.74 | -0.68 | -0.28 | -0.30 | 0.25 | -0.11 | -0.14 |
Tax % | 0.00% | 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 | -0.14 | |
EPS in Rs | 0.00 | 0.03 | 0.03 | 0.09 | 0.03 | -0.42 | -2.24 | -2.06 | -0.88 | -0.91 | 0.76 | -0.33 | -0.42 |
Dividend Payout % | 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: | 16% |
5 Years: | 24% |
3 Years: | 73% |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 17% |
TTM: | -367% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 86% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | -14% |
5 Years: | -29% |
3 Years: | -18% |
Last Year: | -14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 3.30 |
Reserves | -0.97 | -0.96 | -0.95 | -0.94 | -0.93 | -1.06 | -1.45 | -2.13 | -2.41 | -2.72 | -2.47 | -2.59 | -2.68 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.34 | |
0.23 | 0.23 | 0.22 | 0.26 | 0.27 | 0.07 | 0.03 | 0.01 | 0.01 | 0.21 | 0.45 | 0.55 | 0.10 | |
Total Liabilities | 2.56 | 2.57 | 2.57 | 2.62 | 2.64 | 2.31 | 1.88 | 1.18 | 0.90 | 0.79 | 1.28 | 1.26 | 1.06 |
0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.01 | 0.02 | 0.02 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.14 | 0.13 |
Investments | 1.21 | 1.21 | 1.21 | 1.27 | 1.32 | 1.05 | 0.61 | 0.62 | 0.59 | 0.33 | 0.29 | 0.29 | 0.29 |
1.30 | 1.32 | 1.32 | 1.32 | 1.29 | 1.23 | 1.23 | 0.52 | 0.28 | 0.43 | 0.93 | 0.81 | 0.62 | |
Total Assets | 2.56 | 2.57 | 2.57 | 2.62 | 2.64 | 2.31 | 1.88 | 1.18 | 0.90 | 0.79 | 1.28 | 1.26 | 1.06 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.01 | 0.02 | 0.01 | 0.04 | 0.01 | 0.03 | -0.12 | -0.68 | -0.05 | -0.18 | 0.27 | -0.31 | |
0.00 | -0.04 | 0.09 | -0.07 | 0.00 | -0.05 | 0.10 | 0.61 | 0.00 | 0.53 | -0.50 | 0.21 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.01 | -0.02 | 0.10 | -0.03 | 0.01 | -0.02 | -0.02 | -0.08 | 0.03 | 0.35 | -0.23 | -0.10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 60.83 | 112.31 | 603.65 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 60.83 | 112.31 | 603.65 |
Working Capital Days | 45.62 | 0.00 | 0.00 | 0.00 | -99.55 | -152.08 | -40.56 | -60.83 | -73.00 | -1,155.83 | -294.81 | -70.19 |
ROCE % | 0.43% | 0.43% | 0.43% | 1.70% | 0.42% | -6.07% | -36.19% | -45.03% | -27.18% | -40.82% | 1.42% | -12.99% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Feb - Newspaper Publication of Results of the Company for the quarter and nine months ended on December 31, 2023.
- Board Meeting Outcome for Disclosures Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015 ('Listing Regulations'), We Are Hereby Submitting Un-Audited Financial Results For The Quarter Ended 31St December 2023 10 Feb
- Disclosures Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015 ('Listing Regulations'). 10 Feb
- Board Meeting Intimation for Meeting Of The Board Of The Company Is Scheduled To Be Held On Saturday, February 10, 2024 At 12:00 P.M. Through Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM'). 2 Feb
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2011
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
-
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