Acetech E-Commerce Ltd.
•₹ 129.150%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 64.5%
- Company has a good return on equity (ROE) track record: 3 Years ROE 53.2%
- 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 -1.40x)
- Working capital days have increased from 81 to 310 days
- Free cash flow has been persistently negative
* 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
Standalone Figures in Rs. Crores / View Consolidated
No standalone quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 60 | 53 | 80 | |
| 54 | 45 | 66 | |
| Operating Profit | 7 | 8 | 14 |
| OPM % | 11 | 15 | 18 |
| Other Income | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| 7 | 8 | 14 | |
| Tax % | 39 | 26 | 26 |
| Net Profit | 4 | 6 | 10 |
| EPS | 4,021 | 6 | 6 |
| Dividend Payout % | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 4 | 6 | 6 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 4 | 6 | 6 |
Mar 2024
- 60
- 54
- Operating Profit
- 7
- OPM %
- 11
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 7
- Tax %
- 39
- Net Profit
- 4
- EPS
- 4,021
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 53
- 45
- Operating Profit
- 8
- OPM %
- 15
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 8
- Tax %
- 26
- Net Profit
- 6
- 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
Mar 2026
- 80
- 66
- Operating Profit
- 14
- OPM %
- 18
- Other Income
- 0
- Interest
- 0
- 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:
- 53%
- Last Year:
- 25%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| Equity Capital | 0 | 9 | 16 |
| 6 | 3 | 52 | |
| Trade Payables | 5 | 3 | 1 |
| 5 | 3 | 4 | |
| Total Liabilities | 15 | 18 | 73 |
| ASSETS | - | - | - |
| 1 | 0 | 3 | |
| 5 | 6 | 14 | |
| 5 | 10 | 27 | |
| Cash & Bank | 3 | 0 | 20 |
| 2 | 2 | 10 | |
| Total Assets | 15 | 18 | 73 |
| Total Debt | 3 | 0 | 0 |
| Net Working Capital | 7 | 12 | 68 |
| Contingent Liabilities | 1 | 10 | 7 |
| Book Value per Share | 5888.70 | 12.64 | 41.64 |
| Face Value | 10.00 | 10.00 | 10.00 |
| Total Debt | 3 | 0 | 0 |
| Net Working Capital | 7 | 12 | 68 |
| Contingent Liabilities | 1 | 10 | 7 |
| Book Value per Share | 5888.70 | 12.64 | 41.64 |
| 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
- 3
- 2
- Total Assets
- 15
- Total Debt
- 3
- Net Working Capital
- 7
- Contingent Liabilities
- 1
- Book Value per Share
- 5888.70
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 7
- Contingent Liabilities
- 1
- Book Value per Share
- 5888.70
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 9
- 3
- Trade Payables
- 3
- 3
- Total Liabilities
- 18
- 0
- 6
- 10
- Cash & Bank
- 0
- 2
- Total Assets
- 18
- Total Debt
- 0
- Net Working Capital
- 12
- Contingent Liabilities
- 10
- Book Value per Share
- 12.64
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 12
- Contingent Liabilities
- 10
- Book Value per Share
- 12.64
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 16
- 52
- Trade Payables
- 1
- 4
- Total Liabilities
- 73
- 3
- 14
- 27
- Cash & Bank
- 20
- 10
- Total Assets
- 73
- Total Debt
- 0
- Net Working Capital
- 68
- Contingent Liabilities
- 7
- Book Value per Share
- 41.64
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 68
- Contingent Liabilities
- 7
- Book Value per Share
- 41.64
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -0 | -1 | -26 | |
| Cash from Investing | 0 | 1 | -0 |
| Cash from Financing | 2 | -2 | 46 |
| 2 | -2 | 19 | |
| Free Cash Flow | -0 | -1 | -26 |
| OCF / Net Profit | -0.12 | -0.19 | -2.62 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | -0.12 | -0.19 | -2.62 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
Mar 2024
- -0
- Cash from Investing
- 0
- Cash from Financing
- 2
- 2
- Free Cash Flow
- -0
- OCF / Net Profit
- -0.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.12
- Cumulative 5-Year FCF
- 0
Mar 2025
- -1
- Cash from Investing
- 1
- Cash from Financing
- -2
- -2
- Free Cash Flow
- -1
- OCF / Net Profit
- -0.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.19
- Cumulative 5-Year FCF
- 0
Mar 2026
- -26
- Cash from Investing
- -0
- Cash from Financing
- 46
- 19
- Free Cash Flow
- -26
- OCF / Net Profit
- -2.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.62
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | 4021.40 | 6.35 | 6.11 |
| Book Value (₹) | 5888.70 | 12.64 | 41.64 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 4.51 | 6.43 | 6.13 |
| PROFITABILITY | - | - | - |
| Operating Margin % | 11.17% | 14.78% | 17.61% |
| Net Margin % | 6.67% | 10.85% | 12.58% |
| ROE % | 68.29% | 66.23% | 25.16% |
| ROCE % | 79.43% | 79.05% | 34.95% |
| 26.23% | 34.53% | 21.96% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 31 | 51 | 85 |
| Inventory Days | 29 | 37 | 45 |
| Payable Days | 85 | 48 | 16 |
| -25 | 40 | 114 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.44x | 0.04x | 0.00x |
| Interest Coverage (x) | 38.26x | 26.21x | 29.99x |
| 2.08x | 3.04x | 14.29x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | -12.47% | 50.92% |
| Operating Profit Growth % | 0.00% | 20.04% | 72.87% |
| Net Profit Growth % | 0.00% | 42.24% | 75.08% |
| 0.00% | -99.84% | -3.72% | |
| VALUATION | - | - | - |
| P/E (x) | 0.00x | 0.00x | 20.77x |
| P/B (x) | 0.00x | 0.00x | 3.05x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% |
| -0.01x | 1.15x | 13.43x |
Mar 2024
- EPS (₹)
- 4021.40
- Book Value (₹)
- 5888.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.51
- Operating Margin %
- 11.17%
- Net Margin %
- 6.67%
- ROE %
- 68.29%
- ROCE %
- 79.43%
- 26.23%
- Debtor Days
- 31
- Inventory Days
- 29
- Payable Days
- 85
- -25
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 38.26x
- 2.08x
- 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%
- -0.01x
Mar 2025
- EPS (₹)
- 6.35
- Book Value (₹)
- 12.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.43
- Operating Margin %
- 14.78%
- Net Margin %
- 10.85%
- ROE %
- 66.23%
- ROCE %
- 79.05%
- 34.53%
- Debtor Days
- 51
- Inventory Days
- 37
- Payable Days
- 48
- 40
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 26.21x
- 3.04x
- Revenue Growth %
- -12.47%
- Operating Profit Growth %
- 20.04%
- Net Profit Growth %
- 42.24%
- -99.84%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.15x
Mar 2026
- EPS (₹)
- 6.11
- Book Value (₹)
- 41.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.13
- Operating Margin %
- 17.61%
- Net Margin %
- 12.58%
- ROE %
- 25.16%
- ROCE %
- 34.95%
- 21.96%
- Debtor Days
- 85
- Inventory Days
- 45
- Payable Days
- 16
- 114
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 29.99x
- 14.29x
- Revenue Growth %
- 50.92%
- Operating Profit Growth %
- 72.87%
- Net Profit Growth %
- 75.08%
- -3.72%
- P/E (x)
- 20.77x
- P/B (x)
- 3.05x
- Dividend Yield %
- 0.00%
- 13.43x
Documents
Announcements
Nothing filed yet.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.

