Pace E-Commerce Ventures Ltd
Incorporated in 2015, Pace E-Commerce Ventures Limited offers children's furniture, bedding, housewares, and essentials through its e-commerce portal - www.cotandcandy.com offering a large range of products across different categories. [1]
- Market Cap ₹ 41.4 Cr.
- Current Price ₹ 18.4
- High / Low ₹ 34.2 / 15.8
- Stock P/E 66.8
- Book Value ₹ 31.4
- Dividend Yield 0.00 %
- ROCE 2.73 %
- ROE 1.28 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.58 times its book value
Cons
- Promoter holding has decreased over last quarter: -3.66%
- Company has a low return on equity of 1.40% over last 3 years.
* 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: E-Commerce/App based Aggregator Industry: Trading
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 1.49 | 1.70 | 10.46 | 28.37 | |
| 1.42 | 1.38 | 9.54 | 26.99 | |
| Operating Profit | 0.07 | 0.32 | 0.92 | 1.38 |
| OPM % | 4.70% | 18.82% | 8.80% | 4.86% |
| 0.01 | 0.02 | 0.05 | 0.03 | |
| Interest | 0.06 | 0.23 | 0.22 | 0.63 |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.02 |
| Profit before tax | 0.01 | 0.10 | 0.73 | 0.76 |
| Tax % | 0.00% | 30.00% | 27.40% | 18.42% |
| 0.00 | 0.07 | 0.54 | 0.62 | |
| EPS in Rs | 0.00 | 0.04 | 0.29 | 0.28 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 167% |
| TTM: | 171% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 18.32 | 18.32 | 22.53 | 70.80 |
| Reserves | 0.06 | 7.63 | 8.18 | 47.99 | 0.00 |
| 1.22 | 0.97 | 1.42 | 3.41 | 4.53 | |
| 0.29 | 0.94 | 4.50 | 1.09 | 0.77 | |
| Total Liabilities | 1.58 | 27.86 | 32.42 | 75.02 | 76.10 |
| 0.03 | 22.54 | 22.55 | 22.71 | 23.74 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.17 | 0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 30.88 | 33.53 |
| 1.54 | 5.31 | 9.86 | 21.26 | 18.83 | |
| Total Assets | 1.58 | 27.86 | 32.42 | 75.02 | 76.10 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0.00 | -2.82 | -2.29 | -41.38 | |
| 0.03 | -22.52 | -0.03 | -0.35 | |
| 0.02 | 25.37 | 2.31 | 42.23 | |
| Net Cash Flow | 0.05 | 0.03 | 0.00 | 0.50 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 90.64 | 115.94 | 98.05 | 108.84 |
| Inventory Days | 234.64 | 489.63 | 82.93 | 22.03 |
| Days Payable | 117.32 | 396.16 | 83.80 | 7.06 |
| Cash Conversion Cycle | 207.96 | 209.42 | 97.19 | 123.81 |
| Working Capital Days | 281.71 | 234.03 | 147.95 | 184.88 |
| ROCE % | 2.34% | 3.46% | 2.73% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
16 Apr - Company has claimed exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015 and have submit Non- Applicability Certificate for Corporate Governance Report, the requirement of …
- Compliances- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Period Ended 31St March, 2024. 15 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Confirmation Certificate and details of Share Certificates dematerialized for the Quarter ended on March 31, 2024 as received from the Registrar and Share Transfer Agent …
- Closure of Trading Window 28 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Mar
History[1] Pace E-Commerce Ventures Ltd. (PEVL) started in August 2015 as a business that would give kids/young consumers and sports enthusiasts in India access to International Football Clubs Merchandise and International Sports Brands' apparel and Sports Goods. It started with imports and distribution of branded international sports apparel and then extended to various branded merchandise and accessories. Thereafter company acquired manufacturing and distribution licenses for some of the popular and biggest brands in the Kids' Entertainment Industry.