Ace Software Exports
Ace Software Exports
Information TechnologyKey Fundamentals
MicrocapSoftware ProductsInformation TechnologyTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company is expected to give good quarter
- Company's working capital requirements have reduced from 70.9 days to 52.6 days
Weaknesses
6- Stock is trading at 3.11 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.31% over last 3 years.
- Earnings include an other income of Rs.2.88 Cr.
- Debtor days have increased from 36.6 to 51.5 days.
- Promoter holding has decreased over last 3 years: -6.08%
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.9 | 1.98 | 2.09 | 17.75 | 5.31 | 5.85 | 6.81 | 13.68 | 13.25 | 14.01 | 14.89 | 14.67 | 14.29 |
| Expenses | 2.17 | 2.06 | 2.24 | 16.68 | 4.28 | 4.42 | 5.29 | 11.31 | 11.72 | 12.1 | 13.14 | 13.73 | 12.94 |
| Operating Profit | -0.27 | -0.08 | -0.15 | 1.07 | 1.03 | 1.43 | 1.52 | 2.37 | 1.53 | 1.91 | 1.75 | 0.94 | 1.35 |
| OPM % | -14.21% | -4.04% | -7.18% | 6.03% | 19.4% | 24.44% | 22.32% | 17.32% | 11.55% | 13.63% | 11.75% | 6.41% | 9.45% |
| Other Income | 0.08 | 1.14 | 3.03 | 1.79 | 0.29 | 0.18 | 0.6 | 0.81 | 0.31 | 0.4 | 0.59 | 1.28 | 0.61 |
| Interest | 0 | 0 | 0 | 0.13 | 0.07 | 0.15 | 0.18 | 0.18 | 0.18 | 0.25 | 0.28 | 0.36 | 0.38 |
| Depreciation | 0.08 | 0.08 | 0.08 | 0.47 | 0.14 | 0.14 | 0.14 | 0.75 | 0.45 | 0.23 | 0.32 | 0.67 | 0.4 |
| PBT | -0.27 | 0.98 | 2.8 | 2.26 | 1.11 | 1.32 | 1.8 | 2.25 | 1.21 | 1.83 | 1.74 | 1.19 | 1.18 |
| Tax % | 0% | 0% | 0% | 19.47% | 0% | 0% | 0% | 39.56% | 0% | 0% | 0% | 129.41% | 0% |
| Net Profit | -0.27 | 0.98 | 2.81 | 1.82 | 1.11 | 1.33 | 1.8 | 1.37 | 1.22 | 1.83 | 1.74 | -0.34 | 1.19 |
| EPS in Rs | -0.2 | 0.73 | 2.1 | 0.78 | 0.4 | 0.48 | 0.68 | 1.25 | 0.69 | 1 | 0.96 | -0.24 | 0.63 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.92 | 8.05 | 8.43 | 8.71 | 8 | 9.14 | 8.85 | 9.78 | 10.32 | 23.72 | 31.55 | 56.81 | 57.86 |
| Expenses | 5.61 | 7.33 | 7.57 | 8.23 | 9.16 | 12.11 | 9.58 | 10.61 | 9.88 | 23.08 | 25.11 | 50.69 | 51.91 |
| Operating Profit | 0.31 | 0.72 | 0.86 | 0.48 | -1.16 | -2.97 | -0.73 | -0.83 | 0.44 | 0.64 | 6.44 | 6.12 | 5.95 |
| OPM % | 5.24% | 8.94% | 10.2% | 5.51% | -14.5% | -32.49% | -8.25% | -8.49% | 4.26% | 2.7% | 20.41% | 10.77% | 10.28% |
| Other Income | 0.97 | 0.84 | 0.83 | 1.03 | 1.26 | 1.02 | 0.57 | 0.81 | 0.37 | 6.04 | 1.88 | 2.59 | 2.88 |
| Interest | 0.03 | 0.02 | 0.07 | 0.06 | 0.01 | 0.1 | 0.11 | 0.15 | 0.11 | 0.19 | 0.66 | 1.06 | 1.27 |
| Depreciation | 0.75 | 0.34 | 0.38 | 0.32 | 0.24 | 0.67 | 0.64 | 0.64 | 0.58 | 0.7 | 1.18 | 1.67 | 1.62 |
| PBT | 0.5 | 1.2 | 1.24 | 1.13 | -0.15 | -2.72 | -0.91 | -0.81 | 0.12 | 5.79 | 6.48 | 5.98 | 5.94 |
| Tax % | 6% | 1.67% | 16.13% | 7.96% | 6.67% | 0% | 5.49% | 0% | 8.33% | 7.6% | 13.73% | 25.75% | — |
| Net Profit | 0.47 | 1.18 | 1.04 | 1.03 | -0.16 | -2.72 | -0.95 | -0.81 | 0.12 | 5.35 | 5.6 | 4.45 | 4.42 |
| EPS in Rs | 0.35 | 0.88 | 0.78 | 0.77 | 0.03 | -1.28 | -0.46 | -0.4 | 0.11 | 2.72 | 2.8 | 2.4 | 2.35 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 4.68 | 6.4 | 12.69 | 15.23 |
| Reserves | 13.29 | 14.47 | 16.84 | 17.7 | 17.6 | 14.65 | 14.98 | 14.88 | 15.28 | 23.68 | 75.83 | 105 |
| Borrowings | 0 | 0.05 | 0 | 0 | 0.35 | 1.72 | 1.91 | 1.77 | 0 | 1.9 | 5.73 | 14.8 |
| Other Liabilities | 1.32 | 1.08 | 0.98 | 1.67 | 3.73 | 3.11 | 2.49 | 1.98 | 1.1 | 7.55 | 10.58 | 14.23 |
| Total Liabilities | 19.29 | 20.28 | 22.5 | 24.05 | 26.36 | 24.16 | 24.06 | 23.31 | 21.06 | 39.53 | 105 | 149 |
| Fixed Assets | 2.01 | 4.05 | 4.53 | 4.3 | 8.92 | 9.05 | 9 | 8.35 | 4.52 | 10.3 | 35.11 | 81.71 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.92 | 0 |
| Investments | 4.02 | 5.03 | 7.89 | 8.68 | 5.46 | 1.71 | 2.53 | 6.53 | 7.46 | 12.58 | 3.38 | 2.57 |
| Other Assets | 13.26 | 11.2 | 10.08 | 11.07 | 11.98 | 13.4 | 12.53 | 8.43 | 9.08 | 16.65 | 62.42 | 64.99 |
| Total Assets | 19.29 | 20.28 | 22.5 | 24.05 | 26.36 | 24.16 | 24.06 | 23.31 | 21.06 | 39.53 | 105 | 149 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.05 | 3.29 | 1.11 | -0.86 | -1.22 | -4.05 | -0.21 | 2.58 | -0.78 | -3.32 | -9.79 | 4.77 |
| Investing | -0.35 | -2.89 | -1.16 | 0.45 | -0.31 | 2.58 | 0.08 | -2.26 | 2.83 | -4.59 | -15.18 | -42.26 |
| Financing | -0.08 | 0.03 | -0.06 | -0.01 | 2.36 | 1.22 | 0.13 | -0.14 | -2.29 | 12.68 | 50.15 | 28.64 |
| Net Cash Flow | -0.48 | 0.43 | -0.12 | -0.41 | 0.82 | -0.25 | -0.01 | 0.18 | -0.24 | 4.76 | 25.18 | -8.85 |
| Free Cash Flow | -2.43 | 0.64 | 1.37 | -0.45 | -5.42 | -4.86 | -0.67 | 3.57 | 2.46 | -3.8 | -33.54 | -39.86 |
| CFO/OP | 6 | 475 | 157 | -171 | 101 | 138 | 25 | -311 | -191 | -402 | -146 | 90 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1.85 | 0 | 0 | 2.51 | 4.56 | 4.79 | 0.41 | 0.37 | 0.35 | 19.7 | 38.52 | 51.53 |
| Cash Conversion Cycle | 1.85 | 0 | 0 | 2.51 | 4.56 | 4.79 | 0.41 | 0.37 | 0.35 | 19.7 | 38.52 | 51.53 |
| Working Capital Days | 306 | 133 | 125 | 156 | 192 | 205 | 218 | 162 | 209 | 74.78 | 85.38 | 52.56 |
| ROCE % | 1.85% | 5.42% | 6.27% | 5.41% | -3.39% | -13.03% | -3.96% | -4.93% | 1.29% | 2.56% | 9.97% | 5.83% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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55 extracted metrics + investor summaries across FY09–FY26.
Documents
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Company Information
Incorporated in 1994, Ace Software Exports Limited is engaged in document management, digital publishing, data conversion, and technology consulting.[1]
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