AceVector Ltd
AceVector Ltd is a leading e-commerce enablement SaaS platform that powers
end-to-end e-commerce operations for
the brands, marketplaces, and logistics
providers.
- Market Cap ₹ 1,126 Cr.
- Current Price ₹ 20.7
- High / Low ₹ 33.3 / 20.2
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE -14.7 %
- ROE -53.5 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 24.2 to 16.4 days.
Cons
- Company has low interest coverage ratio.
* 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
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2024 | Sep 2025 | |
|---|---|---|
| 181 | 244 | |
| 215 | 263 | |
| Operating Profit | -34 | -18 |
| OPM % | -19% | -7% |
| -68 | 7 | |
| Interest | 1 | 1 |
| Depreciation | 4 | 8 |
| Profit before tax | -108 | -19 |
| Tax % | 3% | 17% |
| -110 | -22 | |
| EPS in Rs | -2.85 | -0.66 |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 472 | 540 | 380 | 395 | 510 | |
| 585 | 1,048 | 417 | 441 | 560 | |
| Operating Profit | -113 | -508 | -37 | -46 | -49 |
| OPM % | -24% | -94% | -10% | -12% | -10% |
| 39 | 24 | 1 | -62 | 27 | |
| Interest | 1 | 2 | 2 | 2 | 2 |
| Depreciation | 50 | 20 | 8 | 11 | 13 |
| Profit before tax | -126 | -507 | -46 | -121 | -38 |
| Tax % | 1% | 0% | 12% | 5% | 21% |
| -125 | -510 | -51 | -126 | -46 | |
| EPS in Rs | -3.18 | -12.84 | -1.46 | -3.50 | -1.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | % |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | % |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -54% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.25 | 40 | 40 | 40 | 45 |
| Reserves | 519 | 118 | -169 | 87 | 57 |
| 0 | 0 | 16 | 16 | 20 | |
| 276 | 451 | 524 | 411 | 449 | |
| Total Liabilities | 795 | 608 | 410 | 554 | 572 |
| 104 | 94 | 99 | 251 | 258 | |
| CWIP | 0 | 0 | 0 | 6 | 0 |
| Investments | 161 | 0 | 6 | 19 | 31 |
| 531 | 514 | 305 | 277 | 283 | |
| Total Assets | 795 | 608 | 410 | 554 | 572 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -91 | -338 | -55 | -27 | -2 | |
| 141 | 238 | -33 | -103 | 18 | |
| -4 | 93 | 69 | 127 | -6 | |
| Net Cash Flow | 45 | -8 | -18 | -3 | 10 |
| Free Cash Flow | -104 | -346 | -56 | -35 | -6 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 93% | 66% | 143% | 56% | 16% |
Ratios
Consolidated / View Standalone
| Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 9 | 8 | 31 | 25 | 16 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 9 | 8 | 31 | 25 | 16 |
| Working Capital Days | -32 | -40 | 2 | -147 | -51 |
| ROCE % | -149% | -96% | -15% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- AceVector will hold Q1, Q2 and H1 FY27 earnings call on 27 October 2026 at 9:00 a.m. IST.
-
Board Meeting Intimation for The Quarter Ended June 30, 2026, And The Quarter And Half Year Ended On 30Th September 2026
- Board meeting on 26 Oct 2026 to approve Q1 and H1 FY2026-27 financial results.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board approved reappointment of Ullas Kamath as independent director for five years from October 18, 2026, subject to AGM approval.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Snapdeal Swagotsav sale starting Oct. 4 saw 59% fashion unit growth and 63% buyer growth.
-
Disclosure Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015
- AceVector disclosed KMPs authorized under Regulation 30(5) for materiality and stock exchange disclosures.