Ace Soft. Exp.

What does Ace Soft. Exp. do?

Ace Software Exports Ltd is a micro-cap company in the software products industry, specializing in database creation and exporting to the US since 1992. As of March 2025, it reported net sales of 14 Cr and a net profit of 2 Cr, with a market cap of Rs 329 Cr.

Overview:<BR>Ace Software Exports Ltd operates in the software products industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in August 1994 as a Public Limited Company. It has been engaged in the business of database creation since October 1992 and has been exporting its production to Apex Data Services, US, since inception. The latest reported quarterly results are for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 14 Cr (Quarterly Results - Mar 2025)<BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025)<BR>Market cap: Rs 329 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 64.00<BR>Industry P/E: 29<BR>Dividend Yield: 0.00%<BR>Debt Equity: -0.39<BR>Return on Equity: 5.76%<BR>Price to Book: 3.71<BR><BR>Contact Details:<BR>Address: 801 Everest Commercial Complex, Opp Shastri Maidan Rajkot Gujarat : 360001<BR>Tel: 91-281-2226097<BR>Email: investorinfo@acesoftex.com<BR>Website: http://www.acesoftex.com

Has Ace Soft. Exp. declared dividend?

Ace Software Exports Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 18, 2008. Despite the dividend declaration, the yield is 0%, as it has not contributed to returns, though the company has experienced significant price appreciation over the years.

Ace Software Exports Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 18 Sep 08<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -2.14%, the dividend return was 0%, resulting in a total return of -2.14%.<BR><BR>For the 1-year period, the price return was 91.21%, the dividend return was 0%, leading to a total return of 91.21%.<BR><BR>Over the 2-year period, the price return was 1868.16%, with a dividend return of 0%, culminating in a total return of 1868.16%.<BR><BR>In the 3-year period, the price return was 2176.85%, the dividend return was 0%, resulting in a total return of 2176.85%.<BR><BR>During the 4-year period, the price return was 2316.77%, with a dividend return of 0%, leading to a total return of 2316.77%.<BR><BR>For the 5-year period, the price return was 2873.21%, the dividend return was 0%, culminating in a total return of 2873.21%.<BR><BR>Overall, while Ace Software Exports Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. However, the company has shown significant price appreciation over the years, resulting in substantial total returns.

Who are the peers of the Ace Soft. Exp.?

Ace Soft. Exp. peers include Oracle Fin.Serv., C.E. Info System, Tanla Platforms, and others, with varying management risks and growth ratings. Ace Soft. Exp. leads in 1-year returns at 101.28%, while Virinchi has the lowest at -36.29%.

Peers: The peers of Ace Soft. Exp. are Oracle Fin.Serv., C.E. Info System, Tanla Platforms, Moschip Tech., Nucleus Soft., ABM Knowledge, Virinchi, Intense Tech., and Odyssey Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Oracle Fin.Serv., while Good management risk is found at C.E. Info System and Nucleus Soft., and the rest have Average or Below Average management risk. Growth is rated as Good for C.E. Info System, Tanla Platforms, and Moschip Tech., while Average growth is seen at Ace Soft. Exp., and the rest have Below Average growth. Excellent capital structure is noted for Oracle Fin.Serv., C.E. Info System, Tanla Platforms, Nucleus Soft., ABM Knowledge, and Intense Tech., while Ace Soft. Exp. has a Good capital structure, and the rest have Below Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ace Soft. Exp. at 101.28%, while the peer with the lowest is Virinchi at -36.29%. Ace Soft. Exp.'s return significantly outperforms all peers. Additionally, the six-month return is negative for Virinchi, Tanla Platforms, and Intense Tech.

Is Ace Soft. Exp. overvalued or undervalued?

As of April 7, 2025, Ace Soft. Exp. is considered very expensive with a PE ratio of 63.70 and an EV to EBITDA of 45.74, significantly higher than its peers, and has underperformed the Sensex with a return of -23.42%, indicating it may not be a compelling investment at its current price of 243.50.

As of 7 April 2025, the valuation grade for Ace Soft. Exp. has moved from fair to very expensive, indicating a significant shift in its market perception. The company is currently overvalued, with a PE ratio of 63.70, an EV to EBITDA of 45.74, and a Price to Book Value of 3.67, all of which are considerably higher than its peers. For instance, TCS, a competitor, has a PE ratio of 25.23 and an EV to EBITDA of 17.63, while Infosys stands at a PE of 24.32 and an EV to EBITDA of 15.83, highlighting the premium Ace Soft. Exp. commands in comparison.<BR><BR>The company's return metrics further illustrate its overvaluation, with a ROCE of 9.58% and an ROE of 5.76%, which are relatively low given its high valuation ratios. Additionally, the stock has underperformed compared to the Sensex in the year-to-date period, with a return of -23.42% versus the Sensex's 5.59%. This combination of high valuation ratios and poor relative performance suggests that Ace Soft. Exp. is not a compelling investment at its current price of 243.50.

What is the technical trend for Ace Soft. Exp.?

As of June 6, 2025, Ace Soft. Exp. is in a bearish trend with moderate strength, indicated by a bearish MACD and moving averages, despite a mildly bullish stance from Bollinger Bands on the monthly timeframe, and has declined 6.72% over the past week.

As of 6 June 2025, the technical trend for Ace Soft. Exp. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart and bearish moving averages on the daily chart. The KST is also bearish on the weekly timeframe, reinforcing the negative outlook. While the Bollinger Bands show a mildly bullish stance on the monthly timeframe, the overall trend remains bearish due to the prevailing indicators. The stock has experienced a significant decline of 6.72% over the past week, contrasting with a positive return from the Sensex, further indicating weakness in the stock's performance.

Who are in the management team of Ace Soft. Exp.?

As of March 2022, the management team of Ace Soft. Exp. includes Joint Managing Directors Vikram B Sanghani and Sanjay H Dhamsania, along with several Independent Directors and Mansi Patel as Company Secretary & Compliance Officer. They oversee the company's operations and governance.

As of March 2022, the management team of Ace Soft. Exp. includes the following individuals:<BR><BR>1. Vikram B Sanghani - Joint Managing Director<BR>2. Sanjay H Dhamsania - Joint Managing Director<BR>3. Dharamshibhai R Vadaliya - Independent Director<BR>4. Vimal Kalaria - Independent Director<BR>5. Pratik C Dadhania - Independent Director<BR>6. Dhara S Shah - Independent Director<BR>7. Mansi Patel - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and governance of the company.

Who are the top shareholders of the Ace Soft. Exp.?

The top shareholders of Ace Soft. Exp. include Amit Mansukhlal Mehta with 14.28%, Shankar Sharma with 3.6%, and individual investors holding a total of 23.96%. There are no holdings by mutual funds or foreign institutional investors.

The top shareholders of Ace Soft. Exp. include the promoters, who hold the majority of the shares. The promoter with the highest holding is Amit Mansukhlal Mehta, who owns 14.28% of the company. In terms of public shareholders, Shankar Sharma holds 3.6%. Additionally, individual investors collectively hold 23.96% of the shares. There are currently no holdings by mutual funds or foreign institutional investors (FIIs).

How big is Ace Soft. Exp.?

As of 24th July, Ace Software Exports Ltd has a market capitalization of 338.00 Cr, with recent net sales of 31.65 Cr and a net profit of 5.10 Cr. Shareholder's funds are 30.08 Cr, and total assets amount to 39.21 Cr.

As of 24th July, Ace Software Exports Ltd has a market capitalization of 338.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 31.65 Cr and a Net Profit of 5.10 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 30.08 Cr and Total Assets of 39.21 Cr.

Are Ace Soft. Exp. latest results good or bad?

Ace Software Exports' latest results show strong year-on-year growth with a 64.49% increase in Profit After Tax and a 67.5% rise in net sales. However, there are concerns due to a quarter-over-quarter decline in both net sales and profit, along with a decreased Debtors Turnover Ratio, indicating potential challenges ahead.

Ace Software Exports has reported a mixed performance in its latest financial results for the quarter ending June 2025. On one hand, the company achieved a Profit After Tax (PAT) of Rs 3.52 crore, which is a remarkable year-on-year growth of 64.49%. Additionally, net sales reached Rs 13.25 crore, reflecting a significant increase of 67.5% compared to the average of the previous four quarters. This indicates strong growth in both profitability and sales.<BR><BR>However, there are some concerns as well. The quarter showed a decline in net sales and net profit on a quarter-over-quarter basis, with net sales dropping by 3.14% and net profit decreasing by 44.93% compared to the previous quarter. Furthermore, the Debtors Turnover Ratio has decreased to 9.50 times, the lowest in the last five half-yearly periods, suggesting challenges in managing receivables.<BR><BR>Overall, while Ace Software Exports has demonstrated strong annual growth, the recent quarterly results indicate some downward trends that the company will need to address to maintain its financial health.

When is the next results date for Ace Soft. Exp.?

Ace Soft. Exp. will declare its results on 14 November 2025.

Ace Soft. Exp. will declare its results on 14 November 2025.

How has been the historical performance of Ace Soft. Exp.?

Ace Soft. Exp. has experienced significant growth, with net sales increasing from 9.14 Cr in Mar'20 to 31.55 Cr in Mar'25, and profitability improving from a loss to a profit of 5.60 Cr in the same period. The company's total assets rose to 104.47 Cr, reflecting a strong recovery and positive financial trajectory.

Answer:<BR>The historical performance of Ace Soft. Exp. shows significant growth in net sales and profitability over recent years.<BR><BR>Breakdown:<BR>Ace Soft. Exp. has demonstrated a remarkable increase in net sales, rising from 9.14 Cr in Mar'20 to 31.55 Cr in Mar'25. The total operating income followed a similar trend, reaching 31.55 Cr in Mar'25, up from 8.00 Cr in Mar'19. The company has also improved its operating profit, achieving 8.24 Cr in Mar'25 compared to a loss of 1.96 Cr in Mar'20. Profit before tax has turned positive, reaching 6.48 Cr in Mar'25, while profit after tax also increased to 5.60 Cr from a loss of 2.72 Cr in Mar'20. The earnings per share (EPS) have improved significantly, standing at 3.2 in Mar'25 compared to -3.65 in Mar'20. On the balance sheet, total assets surged to 104.47 Cr in Mar'25 from 23.89 Cr in Mar'20, while total liabilities increased to 104.47 Cr from 23.89 Cr in the same period. The cash flow from financing activities saw a substantial inflow of 50.00 Cr in Mar'25, contributing to a net cash inflow of 25.00 Cr, up from 0.00 in previous years. Overall, Ace Soft. Exp. has shown a strong recovery and growth trajectory in its financial performance.

Should I buy, sell or hold Ace Soft. Exp.?

Why is Ace Software Exports Ltd falling/rising?

As of 29-Jan, Ace Software Exports Ltd's stock price is at 222.80, down 0.76%, following a trend reversal after two days of gains. Despite recent strong performance, the stock has dropped 33.09% over the past year, underperforming its sector and facing challenges with management efficiency and high valuation.

As of 29-Jan, Ace Software Exports Ltd's stock price is currently at 222.80, reflecting a decline of 1.7 points or 0.76%. This decrease follows a trend reversal after two consecutive days of gains, indicating a potential shift in market sentiment. The stock has underperformed its sector by 0.98% today and reached an intraday low of Rs 218.05, which is a drop of 2.87%.<BR><BR>Despite a strong performance over the past week and month, with increases of 6.60% and 10.13% respectively, the stock has faced significant challenges over the past year, where it has dropped by 33.09%. This underperformance is notable against the backdrop of the broader market, which has seen a positive return of 8.47% in the same period.<BR><BR>While the company has shown healthy long-term growth with net sales increasing at an annual rate of 39.01% and operating profit at 41.02%, it struggles with management efficiency, reflected in a low return on equity (ROE) of 5.90%. Additionally, the stock is considered expensive, trading at a price-to-book value of 3.1, which is higher than its peers' average historical valuations. <BR><BR>The recent decline in stock price can also be attributed to the overall market conditions, as the stock has not only underperformed the market over the past year but has also shown a negative return while profits have increased. This combination of factors contributes to the current downward movement in Ace Software Exports Ltd's stock price.

Which are the latest news on Ace Soft. Exp.?