ACE Alpha Tech Ltd
Incorporated in 2012, Ace Alpha is engaged in legal, accounting, bookkeeping, auditing activities, tax consultancy, market research, public opinion polling, business, and management consultancy.[1]
- Market Cap ₹ 186 Cr.
- Current Price ₹ 106
- High / Low ₹ 138 / 77.1
- Stock P/E 14.7
- Book Value ₹ 35.0
- Dividend Yield 0.00 %
- ROCE 54.3 %
- ROE 41.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 58.9%
- Debtor days have improved from 129 to 34.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 253 days to 469 days
* 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
Information Technology Information Technology IT - Software Computers - Software & Consulting
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 0 | 0 | 5 | 15 | 16 | 17 | |
| 0 | 0 | 0 | 1 | 2 | 2 | |
| Operating Profit | 0 | 0 | 4 | 14 | 14 | 14 |
| OPM % | 44% | 90% | 93% | 88% | 86% | |
| 0 | 0 | 0 | 0 | 2 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 0 | 4 | 14 | 15 | 17 |
| Tax % | -700% | 28% | 25% | 27% | 25% | |
| 0 | 0 | 3 | 10 | 11 | 13 | |
| EPS in Rs | 80.00 | 130.00 | 3,320.00 | 9,546.30 | 7.99 | 7.93 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 265% |
| TTM: | -17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 354% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 59% |
| Last Year: | 41% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 14 | 18 |
| Reserves | 0 | 0 | 4 | 22 | 19 | 44 |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 1 | 1 | 0 | 1 | |
| Total Liabilities | 0 | 1 | 5 | 23 | 33 | 63 |
| 0 | 0 | 0 | 2 | 2 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 6 | 10 | 23 |
| 0 | 1 | 5 | 15 | 21 | 36 | |
| Total Assets | 0 | 1 | 5 | 23 | 33 | 63 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0 | 1 | 10 | 11 | ||
| 0 | 0 | -6 | -23 | ||
| 0 | 0 | 8 | 0 | ||
| Net Cash Flow | -0 | 1 | 11 | -11 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 57 | 269 | 84 | 35 | |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 57 | 269 | 84 | 35 | |
| Working Capital Days | 456 | 234 | 55 | 469 | |
| ROCE % | 45% | 211% | 110% | 54% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov - Monitoring report for quarter ended Sep 30, 2025: Rs24.48cr IPO; Rs6.10cr loans to NBFCs, Rs3.63cr issue expenses, Rs14.75cr unutilized.
-
Announcement under Regulation 30 (LODR)-Acquisition
13 Nov - Board approved H1 Sep 30, 2025 results; acquire up to 6.70% of Silverleaf for Rs1.63 crore.
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Statement Of Deviation Or Variation In Utilisation Of Initial Public Offer (IPO) Proceeds Of The Company For The Half Year Ended September 30, 2025 As per Regulation 32(1) Of The SEBI (LODR) Regulations, 2015
13 Nov - No deviation in utilization of Rs.32.22 crore IPO proceeds for half-year ended Sep 30, 2025.
-
Board Meeting Outcome for Board Meeting Outcome For The Meeting Held On November 13, 2025
13 Nov - Approved H1 results; acquiring 6.70% of Silverleaf for Rs1.63 crore, completion within 15 working days.
- Submission Of Unaudited Financial Results For The Half Year Ended September 30, 2025. 13 Nov
Business Overview[1]
Ace Alpha Tech Limited is a financial technology company offering institutional-grade trading solutions. Their services include algorithmic trading systems, risk management tools, custom-built trading platforms, and end-to-end integration with clients’ Order Management Systems (OMS) and Risk Management Systems (RMS)
The company targets institutional clients, proprietary trading desks, brokers, and high-net-worth individuals (HNIs).