Acetech E-Commerce Ltd.
•₹ 129.150%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 68.6%
- Company has a good return on equity (ROE) track record: 3 Years ROE 57.8%
- Company converts assets efficiently - asset turnover of 1.7x
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -1.26x)
- Working capital days have increased from 67 to 306 days
- Debtor days have increased from 41 to 86
- Inventory has been piling up - inventory days up from 29 to 46
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ETERNAL | 320.20 | 713.64 | 309004.23 | 0.00 | 92.00 | 268.00 | 20211.00 | 182.00 | 3.29 | 2.94 |
| 2. | NYKAA | 327.50 | 366.22 | 93799.73 | 0.00 | 79.76 | 225.95 | 2782.00 | 29.10 | 20.15 | 8.48 |
| 3. | MEESHO | 196.90 | 0.00 | 91038.09 | 0.00 | -1328.35 | -359.07 | 37128.11 | 1382.83 | -78.80 | -6.05 |
| 4. | SWIGGY | 272.40 | 0.00 | 75190.94 | 0.00 | -791.00 | 33.92 | 6812.00 | 37.31 | -27.59 | -9.56 |
| 5. | SHIPROCKET | 143.50 | 0.00 | 10440.74 | 0.00 | — | — | — | — | -3.02 | — |
| 6. | INDIAMART | 1732.85 | 21.12 | 10421.91 | 3.46 | 172.20 | 12.18 | 414.40 | 11.37 | 28.39 | 31.83 |
| 7. | FIRSTCRY | 196.70 | 0.00 | 10269.48 | 0.00 | -43.95 | 33.91 | 2106.23 | 13.08 | -1.65 | 2.83 |
| 8. | IBULLSLTD | 26.51 | 14.74 | 6175.62 | 0.00 | 1410.20 | 53516.67 | 3594.50 | — | 0.00 | 42.82 |
| 9. | MSTCLTD | 707.05 | 21.24 | 4977.63 | 2.22 | 58.22 | 37.50 | 94.24 | 21.71 | 60.68 | 61.36 |
| 10. | ACETEC | 127.05 | 20.25 | 208.16 | 0.00 | — | — | — | — | 34.75 | — |
| 11. | ISFT | 84.74 | 10.07 | 138.23 | 0.00 | 4.54 | 10.85 | 139.63 | 8.25 | 6.12 | 3.50 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 60 | 70 | 83 | |
| 53 | 60 | 68 | |
| Operating Profit | 7 | 10 | 14 |
| OPM % | 11 | 14 | 17 |
| Other Income | 0 | 0 | 0 |
| Interest | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 |
| 7 | 10 | 14 | |
| Tax % | 35 | 26 | 26 |
| Net Profit | 4 | 7 | 10 |
| EPS | 4,352 | 8 | 6 |
| Dividend Payout % | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 5 | 8 | 6 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 5 | 8 | 6 |
Mar 2024
- 60
- 53
- Operating Profit
- 7
- OPM %
- 11
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 7
- Tax %
- 35
- Net Profit
- 4
- EPS
- 4,352
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2025
- 70
- 60
- Operating Profit
- 10
- OPM %
- 14
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 10
- Tax %
- 26
- Net Profit
- 7
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2026
- 83
- 68
- Operating Profit
- 14
- OPM %
- 17
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 14
- Tax %
- 26
- Net Profit
- 10
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 58%
- Last Year:
- 25%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| Equity Capital | 0 | 9 | 16 |
| 6 | 4 | 53 | |
| Trade Payables | 5 | 3 | 1 |
| 5 | 4 | 5 | |
| Total Liabilities | 15 | 20 | 75 |
| ASSETS | - | - | - |
| 1 | 0 | 3 | |
| 5 | 7 | 14 | |
| 5 | 11 | 28 | |
| Cash & Bank | 2 | 0 | 20 |
| 2 | 2 | 10 | |
| Total Assets | 15 | 20 | 75 |
| Total Debt | 3 | 0 | 0 |
| Net Working Capital | 8 | 13 | 69 |
| Contingent Liabilities | 0 | 10 | 7 |
| Book Value per Share | 5953.10 | 14.13 | 42.64 |
| Face Value | 10.00 | 10.00 | 10.00 |
| Total Debt | 3 | 0 | 0 |
| Net Working Capital | 8 | 13 | 69 |
| Contingent Liabilities | 0 | 10 | 7 |
| Book Value per Share | 5953.10 | 14.13 | 42.64 |
| Face Value | 10.00 | 10.00 | 10.00 |
Mar 2024
- Equity Capital
- 0
- 6
- Trade Payables
- 5
- 5
- Total Liabilities
- 15
- 1
- 5
- 5
- Cash & Bank
- 2
- 2
- Total Assets
- 15
- Total Debt
- 3
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 5953.10
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 5953.10
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 9
- 4
- Trade Payables
- 3
- 4
- Total Liabilities
- 20
- 0
- 7
- 11
- Cash & Bank
- 0
- 2
- Total Assets
- 20
- Total Debt
- 0
- Net Working Capital
- 13
- Contingent Liabilities
- 10
- Book Value per Share
- 14.13
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 13
- Contingent Liabilities
- 10
- Book Value per Share
- 14.13
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 16
- 53
- Trade Payables
- 1
- 5
- Total Liabilities
- 75
- 3
- 14
- 28
- Cash & Bank
- 20
- 10
- Total Assets
- 75
- Total Debt
- 0
- Net Working Capital
- 69
- Contingent Liabilities
- 7
- Book Value per Share
- 42.64
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 69
- Contingent Liabilities
- 7
- Book Value per Share
- 42.64
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -1 | 0 | -26 | |
| Cash from Investing | 1 | -0 | -0 |
| Cash from Financing | 2 | -2 | 46 |
| 1 | -2 | 19 | |
| Free Cash Flow | -1 | 0 | -26 |
| OCF / Net Profit | -0.34 | 0.05 | -2.56 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | -0.34 | 0.05 | -2.56 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
Mar 2024
- -1
- Cash from Investing
- 1
- Cash from Financing
- 2
- 1
- Free Cash Flow
- -1
- OCF / Net Profit
- -0.34
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.34
- Cumulative 5-Year FCF
- 0
Mar 2025
- 0
- Cash from Investing
- -0
- Cash from Financing
- -2
- -2
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.05
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.05
- Cumulative 5-Year FCF
- 0
Mar 2026
- -26
- Cash from Investing
- -0
- Cash from Financing
- 46
- 19
- Free Cash Flow
- -26
- OCF / Net Profit
- -2.56
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.56
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | 4351.80 | 7.83 | 6.27 |
| Book Value (₹) | 5953.10 | 14.13 | 42.64 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 4.86 | 7.91 | 6.29 |
| PROFITABILITY | - | - | - |
| Operating Margin % | 11.21% | 14.04% | 17.46% |
| Net Margin % | 7.23% | 10.03% | 12.42% |
| ROE % | 73.10% | 75.48% | 24.89% |
| ROCE % | 79.80% | 91.27% | 34.75% |
| 28.17% | 39.91% | 21.60% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 31 | 41 | 86 |
| Inventory Days | 29 | 29 | 46 |
| Payable Days | 85 | 36 | 16 |
| -25 | 34 | 116 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.43x | 0.04x | 0.00x |
| Interest Coverage (x) | 59.31x | 29.27x | 27.24x |
| 2.17x | 3.01x | 13.97x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | 16.73% | 17.76% |
| Operating Profit Growth % | 0.00% | 46.48% | 44.66% |
| Net Profit Growth % | 0.00% | 62.01% | 45.78% |
| 0.00% | -99.82% | -19.83% | |
| VALUATION | - | - | - |
| P/E (x) | 0.00x | 0.00x | 20.24x |
| P/B (x) | 0.00x | 0.00x | 2.98x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% |
| 0.08x | 0.92x | 13.03x |
Mar 2024
- EPS (₹)
- 4351.80
- Book Value (₹)
- 5953.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.86
- Operating Margin %
- 11.21%
- Net Margin %
- 7.23%
- ROE %
- 73.10%
- ROCE %
- 79.80%
- 28.17%
- Debtor Days
- 31
- Inventory Days
- 29
- Payable Days
- 85
- -25
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 59.31x
- 2.17x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.08x
Mar 2025
- EPS (₹)
- 7.83
- Book Value (₹)
- 14.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.91
- Operating Margin %
- 14.04%
- Net Margin %
- 10.03%
- ROE %
- 75.48%
- ROCE %
- 91.27%
- 39.91%
- Debtor Days
- 41
- Inventory Days
- 29
- Payable Days
- 36
- 34
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 29.27x
- 3.01x
- Revenue Growth %
- 16.73%
- Operating Profit Growth %
- 46.48%
- Net Profit Growth %
- 62.01%
- -99.82%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.92x
Mar 2026
- EPS (₹)
- 6.27
- Book Value (₹)
- 42.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.29
- Operating Margin %
- 17.46%
- Net Margin %
- 12.42%
- ROE %
- 24.89%
- ROCE %
- 34.75%
- 21.60%
- Debtor Days
- 86
- Inventory Days
- 46
- Payable Days
- 16
- 116
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 27.24x
- 13.97x
- Revenue Growth %
- 17.76%
- Operating Profit Growth %
- 44.66%
- Net Profit Growth %
- 45.78%
- -19.83%
- P/E (x)
- 20.24x
- P/B (x)
- 2.98x
- Dividend Yield %
- 0.00%
- 13.03x
Documents
Announcements
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Annual Reports
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Credit Ratings
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Concalls
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