Pace E-Commerce Ventures Ltd
Incorporated in 2015, PACE E-Commerce Ventures Ltd is in the business of selling Branded /Customized and personalized products[1]
- Market Cap ₹ 51.3 Cr.
- Current Price ₹ 22.8
- High / Low ₹ 44.4 / 20.9
- Stock P/E 15.5
- Book Value ₹ 33.8
- Dividend Yield 0.00 %
- ROCE 6.76 %
- ROE 4.44 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.67 times its book value
- Debtor days have improved from 50.6 to 33.9 days.
- Company's working capital requirements have reduced from 112 days to 74.4 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.24% over last 3 years.
- Earnings include an other income of Rs.2.01 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
Consumer Discretionary Consumer Services Retailing E-Retail/ E-Commerce
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 1.49 | 1.70 | 10.46 | 28.37 | 42.80 | 72.14 | |
| 1.42 | 1.38 | 9.54 | 26.99 | 39.50 | 67.87 | |
| Operating Profit | 0.07 | 0.32 | 0.92 | 1.38 | 3.30 | 4.27 |
| OPM % | 4.70% | 18.82% | 8.80% | 4.86% | 7.71% | 5.92% |
| 0.01 | 0.02 | 0.05 | 0.03 | 1.17 | 2.01 | |
| Interest | 0.06 | 0.23 | 0.22 | 0.63 | 0.78 | 0.98 |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.02 | 0.40 | 0.96 |
| Profit before tax | 0.01 | 0.10 | 0.73 | 0.76 | 3.29 | 4.34 |
| Tax % | 0.00% | 30.00% | 27.40% | 18.42% | 27.05% | 23.73% |
| 0.00 | 0.07 | 0.54 | 0.62 | 2.39 | 3.31 | |
| EPS in Rs | 0.00 | 0.04 | 0.29 | 0.28 | 1.06 | 1.47 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 117% |
| 3 Years: | 90% |
| TTM: | 69% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 83% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 18.32 | 18.32 | 22.53 | 22.53 | 22.53 |
| Reserves | 0.06 | 7.63 | 8.18 | 47.99 | 50.39 | 53.69 |
| 1.22 | 0.97 | 1.42 | 3.42 | 4.53 | 3.62 | |
| 0.29 | 0.94 | 4.50 | 1.08 | 6.12 | 14.73 | |
| Total Liabilities | 1.58 | 27.86 | 32.42 | 75.02 | 83.57 | 94.57 |
| 0.03 | 22.54 | 22.55 | 22.71 | 26.30 | 26.58 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.17 | 0.26 | 0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 32.58 |
| 1.54 | 5.31 | 9.86 | 52.14 | 57.01 | 35.41 | |
| Total Assets | 1.58 | 27.86 | 32.42 | 75.02 | 83.57 | 94.57 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.00 | -2.82 | -2.29 | -41.38 | 2.41 | -1.59 | |
| 0.03 | -22.52 | -0.03 | -0.35 | -4.08 | -0.97 | |
| 0.02 | 25.37 | 2.31 | 42.23 | 1.39 | 2.67 | |
| Net Cash Flow | 0.05 | 0.03 | 0.00 | 0.50 | -0.28 | 0.11 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 90.64 | 115.94 | 98.05 | 108.84 | 9.21 | 33.90 |
| Inventory Days | 234.64 | 489.63 | 82.93 | 21.98 | 91.03 | 50.01 |
| Days Payable | 117.32 | 396.16 | 83.80 | 7.04 | 41.82 | 26.86 |
| Cash Conversion Cycle | 207.96 | 209.42 | 97.19 | 123.78 | 58.42 | 57.05 |
| Working Capital Days | 281.71 | 163.18 | 130.86 | 165.45 | 95.51 | 74.38 |
| ROCE % | 2.34% | 3.46% | 2.73% | 5.38% | 6.76% |
Documents
Announcements
-
Disclosure As Per Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
7h - Promoter Shaival Gandhi sold 4,42,800 shares on Sep 1, 2025; stake reduced to 58.69%.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
-
Board Meeting Intimation for The Meeting To Be Held On Friday, September 05Th 2025 At Place Other Than Registered Office Of The Company At Corporate Office Of The Company Situated At 423, Block-C, 1/1, Sumel-11, Indian Texitle Plaza, Shahibaug, Ahmedabad-380004, Gujarat, India.
2d - Board meeting Sep 5, 2025 to approve directors' report, shift registered office to Gujarat, alter MOA, appoint auditors, fix AGM.
-
Disclosure As Per Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
30 Aug - Promoter Shaival Gandhi sold 152,400 shares on Aug 28, 2025; stake fell to 60.66%.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jul - Certificate under Regulation 74(5) of the SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended on June 30, 2025 as received from Registrar & …
Business Overview:[1][2]
PACEECVL is a multi-platform online retailer and print-on-demand manufacturing enterprise. It offers B2C and B2B platforms for personalized and customized products.
Company has ~1,000+ designs, ~100+ Distributors, ~15+ Own and Licensed brands, ~10+ Multi Brand Outlet Chains, ~9+ Major product categories, ~1 Platform in pipeline, ~7 Active platforms, ~1,500+ Sales Points, ~400+ products