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 ₹ 39.6 Cr.
- Current Price ₹ 17.6
- High / Low ₹ 34.2 / 12.7
- Stock P/E 10.5
- Book Value ₹ 35.5
- Dividend Yield 0.00 %
- ROCE 7.53 %
- ROE 4.83 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.50 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 % | 5% | 19% | 9% | 5% | 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: | -3% |
| 1 Year: | -28% |
| 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 | |
|---|---|---|---|
| Multi-Brand Outlet (MBO) Chains Number |
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| Number of Brands (Owned and Licensed) Number |
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| Number of Distributors Number |
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| Number of Products Number |
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| Number of SKUs Number |
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| Operational Online Platforms Number |
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| Points of Sale Number |
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| Active Global B2B Clients Number |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Pace E-Commerce says annual secretarial compliance report is not applicable for FY ended March 31, 2026.
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Announcement Under Regulation 30- Intimation Regarding Approval Of The Shifting Of The Registered Office Of The Company From The State Of Maharashtra To The State Of Gujarat By Regional Director, Navi Mumbai, Western Region Directorate-II
29 Apr - Regional Director approved shifting registered office from Maharashtra to Gujarat on 29 April 2026.
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Results- Financial Results For Half Year And Year Ended On 31St March, 2026.
27 Apr - Board approved audited standalone results for H2 and FY ended 31 March 2026; auditor issued unmodified opinion.
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Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON MONDAY, 27TH DAY OF APRIL 2026
27 Apr - Board approved audited standalone results for half year and year ended 31 March 2026.
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Board Meeting Intimation for Board Meeting To Be Held On Monday, 27Th April, 2026 At 03:00 PM At Corporate Office Situated At 423, Block-C, 1/1, Sumel-11, Indian Textile Plaza, Shahibaug, Ahmedabad-380004, Gujarat, India
21 Apr - Board meeting on 27 April 2026 to approve audited FY26 standalone results.
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