Ace Software Exports Ltd
₹ 315
4.99%
13 Dec
- close price
About
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.
Key Points
- Market Cap ₹ 404 Cr.
- Current Price ₹ 315
- High / Low ₹ 315 / 21.2
- Stock P/E 69.4
- Book Value ₹ 24.7
- Dividend Yield 0.00 %
- ROCE 2.56 %
- ROE 3.48 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 25.5% CAGR over last 5 years
- Company's working capital requirements have reduced from 161 days to 104 days
Cons
- Stock is trading at 12.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -11.7%
- Company has a low return on equity of 0.32% over last 3 years.
- Earnings include an other income of Rs.5.29 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: IT - Software Industry: Computers - Software - Medium / Small
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.75 | 4.70 | 5.92 | 8.05 | 8.43 | 8.71 | 8.00 | 9.14 | 8.85 | 9.78 | 10.32 | 23.72 | 31.00 | |
| 4.06 | 4.72 | 5.61 | 7.33 | 7.57 | 8.23 | 9.16 | 12.11 | 9.58 | 10.61 | 9.88 | 23.08 | 27.62 | |
| Operating Profit | -0.31 | -0.02 | 0.31 | 0.72 | 0.86 | 0.48 | -1.16 | -2.97 | -0.73 | -0.83 | 0.44 | 0.64 | 3.38 |
| OPM % | -8.27% | -0.43% | 5.24% | 8.94% | 10.20% | 5.51% | -14.50% | -32.49% | -8.25% | -8.49% | 4.26% | 2.70% | 10.90% |
| 0.82 | 1.15 | 0.97 | 0.84 | 0.83 | 1.03 | 1.26 | 1.02 | 0.57 | 0.81 | 0.37 | 6.04 | 5.29 | |
| Interest | 0.03 | 0.02 | 0.03 | 0.02 | 0.07 | 0.06 | 0.01 | 0.10 | 0.11 | 0.15 | 0.11 | 0.19 | 0.35 |
| Depreciation | 0.28 | 0.29 | 0.75 | 0.34 | 0.38 | 0.32 | 0.24 | 0.67 | 0.64 | 0.64 | 0.58 | 0.70 | 0.83 |
| Profit before tax | 0.20 | 0.82 | 0.50 | 1.20 | 1.24 | 1.13 | -0.15 | -2.72 | -0.91 | -0.81 | 0.12 | 5.79 | 7.49 |
| Tax % | 0.00% | 3.66% | 6.00% | 1.67% | 16.13% | 7.96% | 6.67% | 0.00% | 5.49% | 0.00% | 8.33% | 7.60% | |
| 0.21 | 0.79 | 0.47 | 1.18 | 1.04 | 1.03 | -0.16 | -2.72 | -0.95 | -0.81 | 0.12 | 5.35 | 7.07 | |
| EPS in Rs | 0.22 | 0.84 | 0.50 | 1.26 | 1.11 | 1.10 | 0.04 | -1.82 | -0.65 | -0.57 | 0.16 | 3.87 | 5.34 |
| 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: | 24% |
| 3 Years: | 39% |
| TTM: | 244% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 26% |
| 3 Years: | 49% |
| TTM: | 577% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 52% |
| 5 Years: | 101% |
| 3 Years: | 190% |
| 1 Year: | 1239% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -2% |
| 3 Years: | 0% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 6.40 | 6.40 |
| Reserves | 12.04 | 12.82 | 13.29 | 14.47 | 16.84 | 17.70 | 17.60 | 14.65 | 14.98 | 14.88 | 15.28 | 23.68 | 25.27 |
| 0.17 | 0.05 | 0.00 | 0.05 | 0.00 | 0.00 | 0.35 | 1.72 | 1.91 | 1.77 | 0.00 | 1.90 | 6.26 | |
| 0.47 | 0.62 | 1.32 | 1.08 | 0.98 | 1.67 | 3.73 | 3.11 | 2.49 | 1.98 | 1.10 | 7.55 | 8.75 | |
| Total Liabilities | 17.36 | 18.17 | 19.29 | 20.28 | 22.50 | 24.05 | 26.36 | 24.16 | 24.06 | 23.31 | 21.06 | 39.53 | 46.68 |
| 2.33 | 2.28 | 2.01 | 4.05 | 4.53 | 4.30 | 8.92 | 9.05 | 9.00 | 8.35 | 4.52 | 10.30 | 12.27 | |
| 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 | 0.00 |
| Investments | 7.16 | 5.12 | 4.02 | 5.03 | 7.89 | 8.68 | 5.46 | 1.71 | 2.53 | 6.53 | 7.46 | 12.58 | 12.31 |
| 7.87 | 10.77 | 13.26 | 11.20 | 10.08 | 11.07 | 11.98 | 13.40 | 12.53 | 8.43 | 9.08 | 16.65 | 22.10 | |
| Total Assets | 17.36 | 18.17 | 19.29 | 20.28 | 22.50 | 24.05 | 26.36 | 24.16 | 24.06 | 23.31 | 21.06 | 39.53 | 46.68 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | -0.98 | -0.05 | 3.29 | 1.11 | -0.86 | -1.22 | -4.05 | -0.71 | 2.58 | -0.78 | -3.25 | |
| 0.00 | 1.52 | -0.35 | -2.89 | -1.16 | 0.45 | -0.31 | 2.58 | 0.08 | -2.26 | 2.83 | -4.66 | |
| 0.00 | -0.18 | -0.08 | 0.03 | -0.06 | -0.01 | 2.36 | 1.22 | 0.13 | -0.14 | -2.29 | 12.68 | |
| Net Cash Flow | 0.00 | 0.36 | -0.48 | 0.43 | -0.12 | -0.41 | 0.82 | -0.25 | -0.51 | 0.18 | -0.24 | 4.76 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 29.20 | 0.00 | 1.85 | 0.00 | 0.00 | 2.51 | 4.56 | 4.79 | 0.41 | 0.37 | 0.35 | 19.70 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 29.20 | 0.00 | 1.85 | 0.00 | 0.00 | 2.51 | 4.56 | 4.79 | 0.41 | 0.37 | 0.35 | 19.70 |
| Working Capital Days | 415.61 | 414.70 | 306.43 | 135.57 | 125.13 | 155.89 | 192.08 | 221.24 | 219.00 | 169.81 | 208.67 | 104.02 |
| ROCE % | 2.55% | 3.76% | 1.85% | 5.42% | 6.27% | 5.41% | -3.39% | -13.03% | -3.96% | -4.93% | 1.29% | 2.56% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Dec - Submission of the Pre-Issue Advertisement with respect to the Rights Issue of Ace Software Exports Limited
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
10 Dec - Intimation of loss of share certificates by shareholders.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
4 Dec - Approval of rights issue schedule and documents.
-
Corporate Action - Record Date For The Rights Issue
29 Nov - Record date set for proposed rights issue.
-
Board Meeting Outcome for Outcome Of Rights Issue Committee Meeting.
23 Nov - Approval of ₹4,992 Lakhs rights issue for equity shares.
Annual reports
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Financial Year 2024
from bse
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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