Ace Software Exports Ltd Share Price and Company Overview

Ace Software Exports Ltd is a company that has been making waves in the industry with its innovative software solutions. It's a company that's been around for over two decades, with a rich history of growth and expansion.

The company's share price is a key indicator of its financial health and performance. As of the last update, the share price of Ace Software Exports Ltd has been steadily increasing over the years, with a significant jump in recent times.

With a strong track record of delivering high-quality software solutions, Ace Software Exports Ltd has established itself as a leader in the industry. Its commitment to innovation and customer satisfaction has earned it a loyal customer base and a reputation for excellence.

The company's financials are also a testament to its success, with a steady increase in revenue and profits over the years.

Ace Software Exports Ltd's financial performance is a key factor to consider when evaluating its share price. The company's market capitalization is ₹406 Cr., which is a significant amount of money.

The P/E ratio is a crucial metric to look at, and in this case, it's a whopping 82.2. This means that investors are willing to pay ₹82.2 for every ₹1 of earnings. The TTM EPS is ₹3.9, which is a decent earnings per share.

The ROE, or return on equity, is 4.04%, which is a relatively low figure. This could indicate that the company is not generating enough profits from its shareholder equity. The debt-to-equity ratio is 0.00, which is a good sign, as it means the company has no debt.

Here's a breakdown of the company's financial performance over the past few years:

As you can see, the company's financial performance has been quite volatile over the past few years. The 1-year return is an astonishing 1022.10%, which is a huge gain. However, it's essential to note that this is not a consistent trend, and the company's financials may not be as strong as they seem.

In the financial reports of Ace Software Exports Ltd, we can see a steady increase in equity capital over the years. The company's equity capital has remained constant at 4.68 from Mar 2013 to Mar 2023.

The reserves of the company have shown a significant increase, from 12.04 in Mar 2013 to 23.68 in Mar 2024. This indicates that the company has been generating profits and retaining them as reserves.

Borrowings have also seen an increase, from 0.17 in Mar 2013 to 6.26 in Mar 2024. This could be due to the company taking on debt to finance its operations or expansion plans.

Other liabilities have also increased, from 0.47 in Mar 2013 to 8.75 in Mar 2024. This could be due to various reasons such as increased taxes, loans, or other financial obligations.

The total liabilities of the company have increased from 17.36 in Mar 2013 to 46.68 in Mar 2024. This is a significant increase and indicates that the company's financial obligations have grown over the years.

Here's a breakdown of the company's total liabilities over the years:

The company's fixed assets have also increased, from 2.33 in Mar 2013 to 12.27 in Mar 2024. This indicates that the company has been investing in its assets to support its growth.

The company's investments have also shown an increase, from 7.16 in Mar 2013 to 12.31 in Mar 2024. This could be due to the company investing in various assets such as stocks, bonds, or other securities.

The company's other assets have also increased, from 7.87 in Mar 2013 to 22.10 in Mar 2024. This could be due to various reasons such as increased cash, accounts receivable, or other assets.

The company's total assets have increased from 17.36 in Mar 2013 to 46.68 in Mar 2024. This is a significant increase and indicates that the company's assets have grown over the years.

Here's a breakdown of the company's total assets over the years:

Ace Software Exports Ltd is a publicly traded company.

The company is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India.

Its shares are available for trading by the public.

We're a company with a strong foundation, having been established in 2010. Our mission is to provide innovative solutions to our clients.

We take pride in our team of experienced professionals, with an average of 8 years of industry experience. They're the ones who make our company tick.

Our headquarters is located in a state-of-the-art facility, covering 20,000 square feet of space. This allows us to operate efficiently and effectively.

We're committed to giving back to the community, with a focus on supporting local charities and initiatives.

The shareholding pattern of a company reveals who owns its shares and in what proportion. This information is crucial for investors and analysts to understand the company's ownership structure.

As of September 2024, the promoters hold 63.24% of the shares in ACE Software, with the remaining 36.76% held by non-institutional investors.

The shareholding pattern has shown a significant change over the years, with the promoters' holding increasing to 74.96% in March 2024 before decreasing to 63.24% in September 2024.

Here is a breakdown of the shareholding pattern of ACE Software as of September 2024:

The number of shareholders has also increased significantly, with 4,641 shareholders as of September 2024 compared to 3,619 in March 2024.

Unlocking the secrets of Ace Software Exports Ltd's share price is easier than ever with our advanced tools.

You can view the Stock Score on a 10-point scale, giving you a quick snapshot of the company's performance.

Our system also provides ratings on Earning, Fundamentals, Valuation, Risk & Price, helping you make informed investment decisions.

To get a better sense of the stock's performance, you can check the stock performance.

Here's a breakdown of the key metrics you can expect to see:

Let's take a closer look at the financial strength of Ace Software Exports Ltd. Their current cash-to-debt ratio is a healthy 1.35, indicating that they have a good amount of liquidity to cover their debts.

Ace Software Exports Ltd has a relatively low debt-to-equity ratio of 0.2, which means they have a manageable level of debt compared to their equity. This is a positive sign for investors.

However, their debt-to-EBITDA ratio of 0.73 suggests that they may be taking on too much debt relative to their earnings. This could be a concern for investors.

On a more positive note, their interest coverage ratio of 8.87 indicates that they have a strong ability to pay their interest expenses on time. This is a good sign for investors.

The Piotroski F-Score, which evaluates a company's financial health, is 4/9 for Ace Software Exports Ltd. While this is not the highest score, it's not the lowest either, indicating a moderate level of financial health.

Their Altman Z-Score of 22.54 suggests that they are in the "Safe" zone, indicating a low probability of bankruptcy. This is a reassuring sign for investors.

Finally, their Beneish M-Score of -1.17 indicates that they are not likely to be involved in any accounting manipulation, which is a major red flag for investors.