Acetech E-Commerce Ltd
Incorporated in 2014, Acetech Ventures is engaged in e-commerce activities including dropshipping, teleshopping, and cross-border selling.[1]
- Market Cap ₹ 217 Cr.
- Current Price ₹ 133
- High / Low ₹ 164 / 112
- Stock P/E 21.7
- Book Value ₹ 41.6
- Dividend Yield 0.00 %
- ROCE 34.8 %
- ROE 25.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 74.2 to 125 days.
- Working capital days have increased from 105 days to 207 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
Consumer Discretionary Consumer Services Retailing E-Retail/ E-Commerce
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 60 | 53 | 80 | |
| 54 | 45 | 66 | |
| Operating Profit | 7 | 8 | 14 |
| OPM % | 11% | 15% | 18% |
| 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 7 | 8 | 14 |
| Tax % | 39% | 26% | 26% |
| 4 | 6 | 10 | |
| EPS in Rs | 4,020.00 | 6.35 | 6.11 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
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| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
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| TTM: | 75% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
|---|---|
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| 3 Years: | 36% |
| Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 0.01 | 9 | 16 |
| Reserves | 6 | 3 | 52 |
| 3 | 0 | 0 | |
| 7 | 6 | 5 | |
| Total Liabilities | 15 | 18 | 73 |
| 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 |
| Investments | 1 | 0 | 3 |
| 15 | 18 | 70 | |
| Total Assets | 15 | 18 | 73 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -0 | 0 | -26 | |
| 0 | 0 | -0 | |
| 2 | -2 | 46 | |
| Net Cash Flow | 2 | -2 | 19 |
| Free Cash Flow | -1 | 0 | -26 |
| CFO/OP | 6% | 26% | -173% |
Ratios
Standalone / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 31 | 67 | 125 |
| Inventory Days | 85 | 70 | 112 |
| Days Payable | 85 | 39 | 6 |
| Cash Conversion Cycle | 31 | 98 | 231 |
| Working Capital Days | 29 | 79 | 207 |
| ROCE % | 78% | 35% |
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter and half-year ended September 30, 2026; no physical certificates received.
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Trading Window
- Trading window closes from October 1, 2026 until 48 hours after H1 FY2026 results.
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Outcome of Board Meeting
- Acetech E-Commerce acquires Neora-Store assets for USD 1.8 million, with closing due by October 22, 2026.
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Appointment
- 3rd AGM e-voting results filed; six resolutions passed, including FY26 accounts and remuneration revisions.
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Shareholders meeting
- Acetech E-Commerce's 3rd AGM resolutions passed on September 3, 2026, including remuneration revisions and director appointments.
Business Profile[1]
The company operates as a pure-play e-commerce platform focused on drop shipping, tele-shopping, direct-to-consumer (D2C), and B2B online distribution. Its business model centers on identifying trending, short life-cycle products and rapidly scaling them through digital channels. The sourcing is predominantly domestic, with major concentration in Maharashtra and Delhi, complemented by selective international procurement to optimize product mix and margins.