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 ₹ 216 Cr.
- Current Price ₹ 338
- High / Low ₹ 374 / 19.8
- Stock P/E 36.4
- Book Value ₹ 47.0
- Dividend Yield 0.00 %
- ROCE 21.0 %
- ROE 19.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 52.9% CAGR over last 5 years
- Company's working capital requirements have reduced from 161 days to 105 days
Cons
- Stock is trading at 7.38 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 6.65% over last 3 years.
- Earnings include an other income of Rs.6.25 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
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 | 27.13 | |
| 4.06 | 4.72 | 5.61 | 7.33 | 7.57 | 8.23 | 9.16 | 12.11 | 9.58 | 10.61 | 9.88 | 23.14 | 25.26 | |
| Operating Profit | -0.31 | -0.02 | 0.31 | 0.72 | 0.86 | 0.48 | -1.16 | -2.97 | -0.73 | -0.83 | 0.44 | 0.58 | 1.87 |
| OPM % | -8.27% | -0.43% | 5.24% | 8.94% | 10.20% | 5.51% | -14.50% | -32.49% | -8.25% | -8.49% | 4.26% | 2.45% | 6.89% |
| 0.82 | 1.15 | 0.97 | 0.84 | 0.83 | 1.03 | 1.26 | 1.02 | 0.57 | 0.81 | 0.37 | 6.04 | 6.25 | |
| Interest | 0.03 | 0.02 | 0.03 | 0.02 | 0.07 | 0.06 | 0.01 | 0.10 | 0.11 | 0.15 | 0.11 | 0.13 | 0.20 |
| 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 | 0.77 |
| 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 | 7.15 |
| 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 | 6.72 | |
| EPS in Rs | 0.45 | 1.69 | 1.00 | 2.52 | 2.22 | 2.20 | 0.09 | -3.65 | -1.30 | -1.15 | 0.32 | 7.73 | 11.43 |
| 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: | 176% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 53% |
| 3 Years: | 112% |
| TTM: | 3221% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 45% |
| 5 Years: | 82% |
| 3 Years: | 180% |
| 1 Year: | 1396% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 2% |
| 3 Years: | 7% |
| Last Year: | 20% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 0.17 | 0.05 | 0.00 | 0.05 | 0.00 | 0.00 | 0.35 | 1.72 | 1.91 | 1.77 | 0.00 | 1.90 | |
| 0.47 | 0.62 | 1.32 | 1.08 | 0.98 | 1.67 | 3.73 | 3.11 | 2.49 | 1.98 | 1.10 | 7.54 | |
| Total Liabilities | 17.36 | 18.17 | 19.29 | 20.28 | 22.50 | 24.05 | 26.36 | 24.16 | 24.06 | 23.31 | 21.06 | 39.52 |
| 2.33 | 2.28 | 2.01 | 4.05 | 4.53 | 4.30 | 8.92 | 9.05 | 9.00 | 8.35 | 4.52 | 10.30 | |
| 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 | 7.16 | 5.12 | 4.02 | 5.03 | 7.89 | 8.68 | 5.46 | 1.71 | 2.53 | 6.53 | 7.46 | 12.58 |
| 7.87 | 10.77 | 13.26 | 11.20 | 10.08 | 11.07 | 11.98 | 13.40 | 12.53 | 8.43 | 9.08 | 16.64 | |
| Total Assets | 17.36 | 18.17 | 19.29 | 20.28 | 22.50 | 24.05 | 26.36 | 24.16 | 24.06 | 23.31 | 21.06 | 39.52 |
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 | -3.32 | |
| 0.00 | 1.52 | -0.35 | -2.89 | -1.16 | 0.45 | -0.31 | 2.58 | 0.08 | -2.26 | 2.83 | -4.59 | |
| 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 | 105.41 |
| ROCE % | 2.55% | 3.76% | 1.85% | 5.42% | 6.27% | 5.41% | -3.39% | -13.03% | -3.96% | -4.93% | 1.29% | 21.01% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 20h
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 20h
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Copy of newspapers in which Notice of AGM and related matters are published.
- Reg. 34 (1) Annual Report. 6 Sep
- Notice Of 30Th Annual General Meeting Of The Company Scheduled To Be Held On 30Th September 2024 6 Sep
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