Ace Engitech Ltd

Ace Engitech Ltd

₹ 19.0 -5.00%
29 Apr 4:01 p.m.
About

Incorporated in 1991, Ace Engitech Limited (formerly Prem Somani Financial Services Limited) provides IT services

Key Points

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

  • Market Cap 6.28 Cr.
  • Current Price 19.0
  • High / Low 29.0 / 11.9
  • Stock P/E
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE -5.73 %
  • ROE -5.73 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 27.9%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017
0.00 0.11 0.12
0.07 0.10 0.26
Operating Profit -0.07 0.01 -0.14
OPM % 9.09% -116.67%
0.02 0.00 0.00
Interest -0.09 0.00 0.00
Depreciation 0.00 0.00 0.00
Profit before tax 0.04 0.01 -0.14
Tax % 25.00% 0.00% 0.00%
0.03 0.01 -0.14
EPS in Rs 0.09 0.03 -0.42
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -1500%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 39%
1 Year: -8%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017
Equity Capital 3.30 3.30 3.30
Reserves -0.83 -0.80 -0.91
0.00 0.00 0.00
0.25 0.26 0.43
Total Liabilities 2.72 2.76 2.82
0.03 0.03 0.03
CWIP 0.00 0.00 0.00
Investments 1.37 1.44 1.56
1.32 1.29 1.23
Total Assets 2.72 2.76 2.82

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017
0.04 0.01 0.03
-0.07 0.00 -0.05
0.00 0.00 0.00
Net Cash Flow -0.03 0.01 -0.02

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017
Debtor Days 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00
Working Capital Days -99.55 -152.08
ROCE % 0.40% -5.73%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
13.02% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.87%
4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54% 4.54%
82.44% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59% 67.59%
No. of Shareholders 2,9372,9432,9942,9642,9463,0533,0463,0813,0683,1073,1313,207

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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