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 ₹ 32.8 Cr.
- Current Price ₹ 14.6
- High / Low ₹ 34.2 / 12.7
- Stock P/E 8.71
- Book Value ₹ 35.5
- Dividend Yield 0.00 %
- ROCE 7.53 %
- ROE 4.83 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.41 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.22% over last 3 years.
- Promoters have pledged 41.4% of their holding.
- Earnings include an other income of Rs.2.14 Cr.
- Debtor days have increased from 31.6 to 51.6 days.
- Promoter holding has decreased over last 3 years: -14.1%
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 10 | 28 | 43 | 72 | 100 | |
| 1 | 1 | 10 | 27 | 40 | 68 | 94 | |
| Operating Profit | 0 | 0 | 1 | 1 | 3 | 4 | 6 |
| OPM % | 4.7% | 19% | 9% | 4.9% | 8% | 6% | 6% |
| 0 | 0 | 0 | 0 | 1 | 2 | 2 | |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 0 | 1 | 1 | 3 | 4 | 5 |
| Tax % | 0% | 30% | 27% | 18% | 27% | 24% | 24% |
| 0 | 0 | 1 | 1 | 2 | 3 | 4 | |
| EPS in Rs | 0.00 | 0.04 | 0.29 | 0.28 | 1.06 | 1.47 | 1.67 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 126% |
| 3 Years: | 52% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 122% |
| 3 Years: | 83% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 18 | 18 | 23 | 23 | 23 | 23 |
| Reserves | 0 | 8 | 8 | 48 | 50 | 54 | 57 |
| 1 | 1 | 1 | 3 | 5 | 12 | 17 | |
| 0 | 1 | 4 | 1 | 6 | 7 | 5 | |
| Total Liabilities | 2 | 28 | 32 | 75 | 84 | 95 | 102 |
| 0 | 23 | 23 | 23 | 26 | 26 | 26 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 32 |
| 2 | 5 | 10 | 52 | 57 | 68 | 44 | |
| Total Assets | 2 | 28 | 32 | 75 | 84 | 95 | 102 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0 | -3 | -2 | -41 | 3 | -2 | -1 | |
| 0 | -23 | -0 | -0 | -4 | -1 | -0 | |
| 0 | 25 | 2 | 42 | 1 | 3 | 1 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | -0 | 0 | -0 |
| Free Cash Flow | 0 | -25 | -2 | -42 | -2 | -3 | -1 |
| CFO/OP | 14% | -881% | -227% | -2,988% | 103% | -10% | 13% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 116 | 98 | 109 | 9 | 34 | 52 |
| Inventory Days | 235 | 490 | 83 | 22 | 91 | 50 | 24 |
| Days Payable | 117 | 396 | 84 | 7 | 42 | 27 | 12 |
| Cash Conversion Cycle | 208 | 209 | 97 | 124 | 58 | 57 | 64 |
| Working Capital Days | 282 | 163 | 131 | 165 | 90 | 74 | 72 |
| ROCE % | 2% | 3% | 3% | 5% | 7% | 8% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Number of Distributors count |
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| Number of Major Product Categories count |
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| Number of Multi-Brand Outlet Chains count |
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| Number of Online Platforms count |
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| Number of Owned and Licensed Brands count |
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| Number of Permanent Employees count |
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| Number of Sales Points count |
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| Number of B2B Clients (PaceRoots) count |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board appointed Mohit Paragbhai Bhavnagari as Additional Non-Executive Director effective July 30, 2026.
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING PURSUANT TO REGULATION 30 OF SEBI (LODR) (LODR) REGULATIONS
- Board approved appointment of Mr. Mohit Paragbhai Bhavnagari as Additional Director (Non-Executive).
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- We submit herewith the confirmation Certificate and details of Share Certificates dematerialized/rematerialized for the quarter ended on June 30, 2026, received from RTA of the …
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
- MCA approved registered office shift from Maharashtra to Gujarat on June 13, 2026.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
- Pace E-Commerce says annual secretarial compliance report is not applicable for FY ended March 31, 2026.
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