Ace Software Exports Ltd
Incorporated in 1994, Ace Software Exports Limited is mainly engaged in the business of creation of Database. The company provides Document Management, Digital Publishing and Data Conversion and Technological solutions to its clients.
- Market Cap ₹ 326 Cr.
- Current Price ₹ 255
- High / Low ₹ 355 / 153
- Stock P/E 64.0
- Book Value ₹ 69.2
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE 8.58 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 35.5% CAGR over last 5 years
- Promoter holding has increased by 4.97% over last quarter.
Cons
- Stock is trading at 3.69 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.88% over last 3 years.
- Debtor days have increased from 19.5 to 38.5 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
Information Technology Information Technology IT - Software Software Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.70 | 5.92 | 8.05 | 8.43 | 8.71 | 8.00 | 9.14 | 8.85 | 9.78 | 10.32 | 23.72 | 31.55 | |
| 4.72 | 5.61 | 7.33 | 7.57 | 8.23 | 9.16 | 12.11 | 9.58 | 10.61 | 9.88 | 23.08 | 25.19 | |
| Operating Profit | -0.02 | 0.31 | 0.72 | 0.86 | 0.48 | -1.16 | -2.97 | -0.73 | -0.83 | 0.44 | 0.64 | 6.36 |
| OPM % | -0.43% | 5.24% | 8.94% | 10.20% | 5.51% | -14.50% | -32.49% | -8.25% | -8.49% | 4.26% | 2.70% | 20.16% |
| 1.15 | 0.97 | 0.84 | 0.83 | 1.03 | 1.26 | 1.02 | 0.57 | 0.81 | 0.37 | 6.04 | 1.88 | |
| Interest | 0.02 | 0.03 | 0.02 | 0.07 | 0.06 | 0.01 | 0.10 | 0.11 | 0.15 | 0.11 | 0.19 | 0.58 |
| Depreciation | 0.29 | 0.75 | 0.34 | 0.38 | 0.32 | 0.24 | 0.67 | 0.64 | 0.64 | 0.58 | 0.70 | 1.18 |
| Profit before tax | 0.82 | 0.50 | 1.20 | 1.24 | 1.13 | -0.15 | -2.72 | -0.91 | -0.81 | 0.12 | 5.79 | 6.48 |
| Tax % | 3.66% | 6.00% | 1.67% | 16.13% | 7.96% | 6.67% | 0.00% | 5.49% | 0.00% | 8.33% | 7.60% | 13.73% |
| 0.79 | 0.47 | 1.18 | 1.04 | 1.03 | -0.16 | -2.72 | -0.95 | -0.81 | 0.12 | 5.35 | 5.60 | |
| EPS in Rs | 0.84 | 0.50 | 1.26 | 1.11 | 1.10 | 0.04 | -1.82 | -0.65 | -0.57 | 0.16 | 3.87 | 3.98 |
| 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: | 18% |
| 5 Years: | 28% |
| 3 Years: | 48% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 36% |
| 3 Years: | 101% |
| TTM: | 485% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 48% |
| 5 Years: | 93% |
| 3 Years: | 206% |
| 1 Year: | 70% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 3% |
| 3 Years: | 6% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 6.40 | 12.69 |
| Reserves | 12.82 | 13.29 | 14.47 | 16.84 | 17.70 | 17.60 | 14.65 | 14.98 | 14.88 | 15.28 | 23.68 | 75.83 |
| 0.05 | 0.00 | 0.05 | 0.00 | 0.00 | 0.35 | 1.72 | 1.91 | 1.77 | 0.00 | 1.90 | 5.73 | |
| 0.62 | 1.32 | 1.08 | 0.98 | 1.67 | 3.73 | 3.11 | 2.49 | 1.98 | 1.10 | 7.55 | 10.58 | |
| Total Liabilities | 18.17 | 19.29 | 20.28 | 22.50 | 24.05 | 26.36 | 24.16 | 24.06 | 23.31 | 21.06 | 39.53 | 104.83 |
| 2.28 | 2.01 | 4.05 | 4.53 | 4.30 | 8.92 | 9.05 | 9.00 | 8.35 | 4.52 | 10.30 | 39.03 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 5.12 | 4.02 | 5.03 | 7.89 | 8.68 | 5.46 | 1.71 | 2.53 | 6.53 | 7.46 | 12.58 | 3.38 |
| 10.77 | 13.26 | 11.20 | 10.08 | 11.07 | 11.98 | 13.40 | 12.53 | 8.43 | 9.08 | 16.65 | 62.42 | |
| Total Assets | 18.17 | 19.29 | 20.28 | 22.50 | 24.05 | 26.36 | 24.16 | 24.06 | 23.31 | 21.06 | 39.53 | 104.83 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.98 | -0.05 | 3.29 | 1.11 | -0.86 | -1.22 | -4.05 | -0.71 | 2.58 | -0.78 | -3.25 | -9.79 | |
| 1.52 | -0.35 | -2.89 | -1.16 | 0.45 | -0.31 | 2.58 | 0.08 | -2.26 | 2.83 | -4.66 | -15.18 | |
| -0.18 | -0.08 | 0.03 | -0.06 | -0.01 | 2.36 | 1.22 | 0.13 | -0.14 | -2.29 | 12.68 | 50.15 | |
| Net Cash Flow | 0.36 | -0.48 | 0.43 | -0.12 | -0.41 | 0.82 | -0.25 | -0.51 | 0.18 | -0.24 | 4.76 | 25.18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 1.85 | 0.00 | 0.00 | 2.51 | 4.56 | 4.79 | 0.41 | 0.37 | 0.35 | 19.70 | 38.52 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0.00 | 1.85 | 0.00 | 0.00 | 2.51 | 4.56 | 4.79 | 0.41 | 0.37 | 0.35 | 19.70 | 38.52 |
| Working Capital Days | 414.70 | 306.43 | 135.57 | 125.13 | 155.89 | 192.08 | 221.24 | 219.00 | 169.81 | 208.67 | 104.02 | 164.74 |
| ROCE % | 3.76% | 1.85% | 5.42% | 6.27% | 5.41% | -3.39% | -13.03% | -3.96% | -4.93% | 1.29% | 2.56% | 10.41% |
Documents
Announcements
- Closure of Trading Window 1d
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Announcement Under Regulation 30 Of SEBI (LODR) - Incorporation Of Wholly Owned Subsidiary In United Arab Emirates
19 Jun - Ace Software Exports to incorporate wholly owned UAE subsidiary for IT services with AED 50,000 capital.
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Announcement Under Reg 30 (LODR) - Notice Of Forfeiture Of Partly Paid Up Equity Shares
13 Jun - Notice of forfeiture of 34,096 partly paid-up shares for non-payment of call money by April 4, 2025.
-
Announcement Under Regulation 30 Of SEBI (LODR) - Forfeiture Of Partly Paid Up Equity Shares
2 Jun - Forfeiture of 34,096 partly paid-up shares due to non-payment of call money by April 4, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Copies of newspapers in which the extract of audited financial results for the FY 2024-25 is published
Annual reports
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Financial Year 2024
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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 2012
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Financial Year 2011
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Financial Year 2010
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Services Offered:[1]
The company runs its Publishing business through:
a) Pre Press Projects
b) E-book Formatting
c) Editing Content
d) Cover Design
e) Distribution & Marketing
f) Document Conversion
The company also offers technological solutions through:[2]
a) building Apps
b) Websites
c) Software
d) Providing IT Infra
e) Project Management