Ace Software Exports Ltd

Ace Soft. Exp. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ace Software Exports Ltd

₹ 144 -2.00%
26 Apr - close price
acesoftex.com BSE: 531525
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

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

Website BSE
  • Market Cap ₹ 92.4 Cr.
  • Current Price ₹ 144
  • High / Low ₹ 153 / 16.7
  • Stock P/E 27.9
  • Book Value ₹ 45.8
  • Dividend Yield 0.00 %
  • ROCE 1.29 %
  • ROE 0.81 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Promoter holding has increased by 6.85% over last quarter.

Cons

  • Stock is trading at 3.15 times its book value
  • The company has delivered a poor sales growth of 3.45% over past five years.
  • Company has a low return on equity of -2.26% over last 3 years.
  • Earnings include an other income of Rs.4.38 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
2.41 2.31 2.15 2.44 2.64 2.55 2.39 2.79 3.20 1.94 1.90 1.98 2.09
2.41 3.23 2.45 2.73 2.68 2.81 2.30 2.83 2.66 2.19 2.17 2.06 2.24
Operating Profit 0.00 -0.92 -0.30 -0.29 -0.04 -0.26 0.09 -0.04 0.54 -0.25 -0.27 -0.08 -0.15
OPM % 0.00% -39.83% -13.95% -11.89% -1.52% -10.20% 3.77% -1.43% 16.88% -12.89% -14.21% -4.04% -7.18%
0.11 0.18 0.10 0.41 0.10 0.20 0.09 0.10 0.12 0.13 0.08 1.14 3.03
Interest 0.02 0.03 0.02 0.02 0.02 0.03 0.02 0.02 0.03 0.00 0.00 0.00 0.00
Depreciation 0.33 0.00 0.18 0.16 0.16 0.15 0.16 0.16 0.18 0.09 0.08 0.08 0.08
Profit before tax -0.24 -0.77 -0.40 -0.06 -0.12 -0.24 0.00 -0.12 0.45 -0.21 -0.27 0.98 2.80
Tax % 0.00% -6.49% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -4.76% 0.00% 0.00% 0.00%
-0.23 -0.81 -0.39 -0.05 -0.11 -0.24 0.00 -0.13 0.45 -0.21 -0.27 0.98 2.81
EPS in Rs -0.32 2.14 -0.60 0.11 -0.11 -0.53 0.13 -0.15 0.77 -0.45 -0.58 2.09 6.00
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
2.55 3.75 4.70 5.92 8.05 8.43 8.71 8.00 9.14 8.85 9.78 10.32 7.91
2.84 4.06 4.72 5.61 7.33 7.57 8.23 9.16 12.11 9.58 10.61 9.88 8.66
Operating Profit -0.29 -0.31 -0.02 0.31 0.72 0.86 0.48 -1.16 -2.97 -0.73 -0.83 0.44 -0.75
OPM % -11.37% -8.27% -0.43% 5.24% 8.94% 10.20% 5.51% -14.50% -32.49% -8.25% -8.49% 4.26% -9.48%
1.06 0.82 1.15 0.97 0.84 0.83 1.03 1.26 1.02 0.57 0.81 0.37 4.38
Interest 0.02 0.03 0.02 0.03 0.02 0.07 0.06 0.01 0.10 0.11 0.15 0.11 0.00
Depreciation 0.26 0.28 0.29 0.75 0.34 0.38 0.32 0.24 0.67 0.64 0.64 0.58 0.33
Profit before tax 0.49 0.20 0.82 0.50 1.20 1.24 1.13 -0.15 -2.72 -0.91 -0.81 0.12 3.30
Tax % 2.04% 0.00% 3.66% 6.00% 1.67% 16.13% 7.96% -6.67% 0.00% -5.49% 0.00% 8.33%
0.49 0.21 0.79 0.47 1.18 1.04 1.03 -0.16 -2.72 -0.95 -0.81 0.12 3.31
EPS in Rs 1.05 0.45 1.69 1.00 2.52 2.22 2.20 0.09 -3.65 -1.30 -1.15 0.32 7.06
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: 11%
5 Years: 3%
3 Years: 4%
TTM: -28%
Compounded Profit Growth
10 Years: -9%
5 Years: -31%
3 Years: 28%
TTM: 6520%
Stock Price CAGR
10 Years: 35%
5 Years: 44%
3 Years: 119%
1 Year: 679%
Return on Equity
10 Years: 0%
5 Years: -4%
3 Years: -2%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68
Reserves 11.83 12.04 12.82 13.29 14.47 16.84 17.70 17.60 14.65 14.98 14.88 15.28 16.77
0.18 0.17 0.05 0.00 0.05 0.00 0.00 0.35 1.72 1.91 1.77 0.00 0.00
0.64 0.47 0.62 1.32 1.08 0.98 1.67 3.73 3.11 2.49 1.98 1.10 1.20
Total Liabilities 17.33 17.36 18.17 19.29 20.28 22.50 24.05 26.36 24.16 24.06 23.31 21.06 22.65
2.29 2.33 2.28 2.01 4.05 4.53 4.30 8.92 9.05 9.00 8.35 4.52 4.16
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 6.78 7.16 5.12 4.02 5.03 7.89 8.68 5.46 1.71 2.53 6.53 7.46 10.99
8.26 7.87 10.77 13.26 11.20 10.08 11.07 11.98 13.40 12.53 8.43 9.08 7.50
Total Assets 17.33 17.36 18.17 19.29 20.28 22.50 24.05 26.36 24.16 24.06 23.31 21.06 22.65

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.18 0.00 -0.98 -0.05 3.29 1.11 -0.86 -1.22 -4.05 -0.71 2.58 -0.78
0.34 0.00 1.52 -0.35 -2.89 -1.16 0.45 -0.31 2.58 0.08 -2.26 2.83
-0.19 0.00 -0.18 -0.08 0.03 -0.06 -0.01 2.36 1.22 0.13 -0.14 -2.29
Net Cash Flow -0.03 0.00 0.36 -0.48 0.43 -0.12 -0.41 0.82 -0.25 -0.51 0.18 -0.24

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 29.20 0.00 1.85 0.00 0.00 2.51 4.56 4.79 0.41 0.37 0.35
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 29.20 0.00 1.85 0.00 0.00 2.51 4.56 4.79 0.41 0.37 0.35
Working Capital Days 835.92 415.61 414.70 306.43 135.57 125.13 155.89 192.08 221.24 219.00 169.81 208.67
ROCE % 3.20% 2.55% 3.76% 1.85% 5.42% 6.27% 5.41% -3.39% -13.03% -3.96% -4.93% 1.29%

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.84% 67.84% 68.02% 68.02% 68.02% 68.02% 68.02% 68.08% 68.11% 68.11% 68.11% 74.96%
32.16% 32.16% 31.98% 31.98% 31.98% 31.98% 31.98% 31.92% 31.89% 31.88% 31.88% 25.03%
No. of Shareholders 3,3423,3783,4223,5573,5653,5833,6363,6343,6093,5493,6773,619

Documents

Announcements

Annual reports