Ace Software Exports Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 6, 2026, 3:27 am

Market Cap	343 Cr.
Current Price	213
Intrinsic Value	₹225.73
High / Low	302/163
Stock P/E	48.4
Book Value	50.8
Dividend Yield	0.00 %
ROCE	9.97 %
ROE	8.06 %
Face Value	10.0
PEG Ratio	1.22

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ace Software Exports Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Ace Software Exports Ltd	343 Cr.	213	302/163	48.4	50.8	0.00 %	9.97 %	8.06 %	10.0
Inspirisys Solutions Ltd	324 Cr.	81.8	121/66.6	7.92	17.1	0.00 %	23.8 %	69.6 %	10.0
Cybertech Systems & Software Ltd	322 Cr.	104	275/101	9.78	61.9	3.86 %	19.4 %	14.9 %	10.0
Danlaw Technologies India Ltd	284 Cr.	584	1,200/563	14.2	176	0.00 %	28.0 %	28.3 %	10.0
3i Infotech Ltd	277 Cr.	13.4	26.0/13.2	4.73	15.8	0.00 %	4.94 %	8.28 %	10.0
Industry Average	17,051.18 Cr	425.14		98.43	120.85	0.74%	14.90%	21.00%	6.84

All Competitor Stocks of Ace Software Exports Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	3.20	1.94	1.90	1.98	2.09	17.75	5.31	5.85	6.81	13.68	13.25	14.01	14.89
Expenses	2.66	2.19	2.17	2.06	2.24	16.68	4.28	4.42	5.29	11.31	11.72	12.10	13.14
Operating Profit	0.54	-0.25	-0.27	-0.08	-0.15	1.07	1.03	1.43	1.52	2.37	1.53	1.91	1.75
OPM %	16.88%	-12.89%	-14.21%	-4.04%	-7.18%	6.03%	19.40%	24.44%	22.32%	17.32%	11.55%	13.63%	11.75%
Other Income	0.12	0.13	0.08	1.14	3.03	1.79	0.29	0.18	0.60	0.81	0.31	0.40	0.59
Interest	0.03	0.00	0.00	0.00	0.00	0.13	0.07	0.15	0.18	0.18	0.18	0.25	0.28
Depreciation	0.18	0.09	0.08	0.08	0.08	0.47	0.14	0.14	0.14	0.75	0.45	0.23	0.32
Profit before tax	0.45	-0.21	-0.27	0.98	2.80	2.26	1.11	1.32	1.80	2.25	1.21	1.83	1.74
Tax %	0.00%	4.76%	0.00%	0.00%	0.00%	19.47%	0.00%	0.00%	0.00%	39.56%	0.00%	0.00%	0.00%
Net Profit	0.45	-0.21	-0.27	0.98	2.81	1.82	1.11	1.33	1.80	1.37	1.22	1.83	1.74
EPS in Rs	0.27	-0.16	-0.20	0.73	2.10	0.78	0.40	0.48	0.68	1.25	0.69	1.00	0.96

Last Updated: March 3, 2026, 1:11 pm

Below is a detailed analysis of the quarterly data for Ace Software Exports Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 14.89 Cr.. The value appears strong and on an upward trend. It has increased from 14.01 Cr. (Sep 2025) to 14.89 Cr., marking an increase of 0.88 Cr..
For Expenses, as of Dec 2025, the value is 13.14 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 12.10 Cr. (Sep 2025) to 13.14 Cr., marking an increase of 1.04 Cr..
For Operating Profit, as of Dec 2025, the value is 1.75 Cr.. The value appears to be declining and may need further review. It has decreased from 1.91 Cr. (Sep 2025) to 1.75 Cr., marking a decrease of 0.16 Cr..
For OPM %, as of Dec 2025, the value is 11.75%. The value appears to be declining and may need further review. It has decreased from 13.63% (Sep 2025) to 11.75%, marking a decrease of 1.88%.
For Other Income, as of Dec 2025, the value is 0.59 Cr.. The value appears strong and on an upward trend. It has increased from 0.40 Cr. (Sep 2025) to 0.59 Cr., marking an increase of 0.19 Cr..
For Interest, as of Dec 2025, the value is 0.28 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.25 Cr. (Sep 2025) to 0.28 Cr., marking an increase of 0.03 Cr..
For Depreciation, as of Dec 2025, the value is 0.32 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.23 Cr. (Sep 2025) to 0.32 Cr., marking an increase of 0.09 Cr..
For Profit before tax, as of Dec 2025, the value is 1.74 Cr.. The value appears to be declining and may need further review. It has decreased from 1.83 Cr. (Sep 2025) to 1.74 Cr., marking a decrease of 0.09 Cr..
For Tax %, as of Dec 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 0.00%.
For Net Profit, as of Dec 2025, the value is 1.74 Cr.. The value appears to be declining and may need further review. It has decreased from 1.83 Cr. (Sep 2025) to 1.74 Cr., marking a decrease of 0.09 Cr..
For EPS in Rs, as of Dec 2025, the value is 0.96. The value appears to be declining and may need further review. It has decreased from 1.00 (Sep 2025) to 0.96, marking a decrease of 0.04.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 2:16 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	4.70	5.92	8.05	8.43	8.71	8.00	9.14	8.85	9.78	10.32	23.72	31.55	55.83
Expenses	4.72	5.61	7.33	7.57	8.23	9.16	12.11	9.58	10.61	9.88	23.08	25.11	48.27
Operating Profit	-0.02	0.31	0.72	0.86	0.48	-1.16	-2.97	-0.73	-0.83	0.44	0.64	6.44	7.56
OPM %	-0.43%	5.24%	8.94%	10.20%	5.51%	-14.50%	-32.49%	-8.25%	-8.49%	4.26%	2.70%	20.41%	13.54%
Other Income	1.15	0.97	0.84	0.83	1.03	1.26	1.02	0.57	0.81	0.37	6.04	1.88	2.11
Interest	0.02	0.03	0.02	0.07	0.06	0.01	0.10	0.11	0.15	0.11	0.19	0.66	0.89
Depreciation	0.29	0.75	0.34	0.38	0.32	0.24	0.67	0.64	0.64	0.58	0.70	1.18	1.75
Profit before tax	0.82	0.50	1.20	1.24	1.13	-0.15	-2.72	-0.91	-0.81	0.12	5.79	6.48	7.03
Tax %	3.66%	6.00%	1.67%	16.13%	7.96%	6.67%	0.00%	5.49%	0.00%	8.33%	7.60%	13.73%
Net Profit	0.79	0.47	1.18	1.04	1.03	-0.16	-2.72	-0.95	-0.81	0.12	5.35	5.60	6.16
EPS in Rs	0.59	0.35	0.88	0.78	0.77	0.03	-1.28	-0.46	-0.40	0.11	2.72	2.80	3.90
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-40.51%	151.06%	-11.86%	-0.96%	-115.53%	-1600.00%	65.07%	14.74%	114.81%	4358.33%	4.67%
Change in YoY Net Profit Growth (%)	0.00%	191.57%	-162.93%	10.90%	-114.57%	-1484.47%	1665.07%	-50.34%	100.08%	4243.52%	-4353.66%

Ace Software Exports Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	18%
5 Years:	28%
3 Years:	48%
TTM:	46%

Compounded Profit Growth
10 Years:	33%
5 Years:	36%
3 Years:	101%
TTM:	-5%

Stock Price CAGR
10 Years:	45%
5 Years:	105%
3 Years:	208%
1 Year:	53%

Return on Equity
10 Years:	2%
5 Years:	3%
3 Years:	6%
Last Year:	9%

Last Updated: September 5, 2025, 2:01 pm

Balance Sheet

Last Updated: December 10, 2025, 3:43 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	4.68	4.68	4.68	4.68	4.68	4.68	4.68	4.68	4.68	4.68	6.40	12.69	12.77
Reserves	12.82	13.29	14.47	16.84	17.70	17.60	14.65	14.98	14.88	15.28	23.68	75.83	79.68
Borrowings	0.05	0.00	0.05	0.00	0.00	0.35	1.72	1.91	1.77	0.00	1.90	5.73	12.77
Other Liabilities	0.62	1.32	1.08	0.98	1.67	3.73	3.11	2.49	1.98	1.10	7.55	10.58	11.79
Total Liabilities	18.17	19.29	20.28	22.50	24.05	26.36	24.16	24.06	23.31	21.06	39.53	104.83	117.01
Fixed Assets	2.28	2.01	4.05	4.53	4.30	8.92	9.05	9.00	8.35	4.52	10.30	35.11	59.27
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.92	0.00
Investments	5.12	4.02	5.03	7.89	8.68	5.46	1.71	2.53	6.53	7.46	12.58	3.38	5.22
Other Assets	10.77	13.26	11.20	10.08	11.07	11.98	13.40	12.53	8.43	9.08	16.65	62.42	52.52
Total Assets	18.17	19.29	20.28	22.50	24.05	26.36	24.16	24.06	23.31	21.06	39.53	104.83	117.01

Below is a detailed analysis of the balance sheet data for Ace Software Exports Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 12.77 Cr.. The value appears strong and on an upward trend. It has increased from 12.69 Cr. (Mar 2025) to 12.77 Cr., marking an increase of 0.08 Cr..
For Reserves, as of Sep 2025, the value is 79.68 Cr.. The value appears strong and on an upward trend. It has increased from 75.83 Cr. (Mar 2025) to 79.68 Cr., marking an increase of 3.85 Cr..
For Borrowings, as of Sep 2025, the value is 12.77 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 5.73 Cr. (Mar 2025) to 12.77 Cr., marking an increase of 7.04 Cr..
For Other Liabilities, as of Sep 2025, the value is 11.79 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10.58 Cr. (Mar 2025) to 11.79 Cr., marking an increase of 1.21 Cr..
For Total Liabilities, as of Sep 2025, the value is 117.01 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 104.83 Cr. (Mar 2025) to 117.01 Cr., marking an increase of 12.18 Cr..
For Fixed Assets, as of Sep 2025, the value is 59.27 Cr.. The value appears strong and on an upward trend. It has increased from 35.11 Cr. (Mar 2025) to 59.27 Cr., marking an increase of 24.16 Cr..
For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.92 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 3.92 Cr..
For Investments, as of Sep 2025, the value is 5.22 Cr.. The value appears strong and on an upward trend. It has increased from 3.38 Cr. (Mar 2025) to 5.22 Cr., marking an increase of 1.84 Cr..
For Other Assets, as of Sep 2025, the value is 52.52 Cr.. The value appears to be declining and may need further review. It has decreased from 62.42 Cr. (Mar 2025) to 52.52 Cr., marking a decrease of 9.90 Cr..
For Total Assets, as of Sep 2025, the value is 117.01 Cr.. The value appears strong and on an upward trend. It has increased from 104.83 Cr. (Mar 2025) to 117.01 Cr., marking an increase of 12.18 Cr..

Notably, the Reserves (79.68 Cr.) exceed the Borrowings (12.77 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-0.98	-0.05	3.29	1.11	-0.86	-1.22	-4.05	-0.71	2.58	-0.78	-3.32	-9.79
Cash from Investing Activity +	1.52	-0.35	-2.89	-1.16	0.45	-0.31	2.58	0.08	-2.26	2.83	-4.59	-15.18
Cash from Financing Activity +	-0.18	-0.08	0.03	-0.06	-0.01	2.36	1.22	0.13	-0.14	-2.29	12.68	50.15
Net Cash Flow	0.36	-0.48	0.43	-0.12	-0.41	0.82	-0.25	-0.51	0.18	-0.24	4.76	25.18

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-0.07	0.31	0.67	0.86	0.48	-1.51	-4.69	-2.64	-2.60	0.44	-1.26	0.71

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	0.00	1.85	0.00	0.00	2.51	4.56	4.79	0.41	0.37	0.35	19.70	38.52
Inventory Days
Days Payable
Cash Conversion Cycle	0.00	1.85	0.00	0.00	2.51	4.56	4.79	0.41	0.37	0.35	19.70	38.52
Working Capital Days	410.82	306.43	133.30	125.13	155.89	191.62	205.26	218.18	162.35	208.67	74.78	85.38
ROCE %	3.76%	1.85%	5.42%	6.27%	5.41%	-3.39%	-13.03%	-3.96%	-4.93%	1.29%	2.56%	9.97%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	68.08%	68.11%	68.11%	68.11%	74.96%	74.96%	63.24%	63.24%	68.21%	68.21%	68.39%	61.68%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.60%
Public	31.92%	31.89%	31.88%	31.88%	25.03%	25.05%	36.75%	36.77%	31.78%	31.78%	31.61%	37.73%
No. of Shareholders	3,634	3,609	3,549	3,677	3,619	3,697	4,641	5,764	5,823	5,625	5,127	5,227

Shareholding Pattern Chart

No. of Shareholders

Ace Software Exports Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	7.49	8.35	0.25	-1.73	-2.05
Diluted EPS (Rs.)	4.37	8.35	0.25	-1.73	-2.05
Cash EPS (Rs.)	5.34	9.45	1.48	-0.35	-0.67
Book Value[Excl.RevalReserv]/Share (Rs.)	69.75	53.81	42.77	42.89	43.68
Book Value[Incl.RevalReserv]/Share (Rs.)	69.75	53.81	42.77	42.89	43.68
Revenue From Operations / Share (Rs.)	24.86	37.07	22.06	20.91	18.91
PBDIT / Share (Rs.)	6.49	10.33	1.65	-0.15	-0.34
PBIT / Share (Rs.)	5.57	9.23	0.41	-1.53	-1.72
PBT / Share (Rs.)	5.11	9.03	0.26	-1.73	-1.94
Net Profit / Share (Rs.)	4.41	8.35	0.24	-1.73	-2.05
NP After MI And SOA / Share (Rs.)	4.01	7.73	0.31	-1.15	-1.31
PBDIT Margin (%)	26.12	27.88	7.47	-0.73	-1.83
PBIT Margin (%)	22.39	24.91	1.87	-7.30	-9.08
PBT Margin (%)	20.54	24.37	1.19	-8.26	-10.28
Net Profit Margin (%)	17.73	22.53	1.11	-8.26	-10.83
NP After MI And SOA Margin (%)	16.12	20.85	1.41	-5.48	-6.94
Return on Networth / Equity (%)	5.74	16.44	0.73	-2.74	-3.12
Return on Capital Employeed (%)	7.44	17.00	0.96	-3.30	-3.62
Return On Assets (%)	4.85	12.51	0.69	-2.30	-2.55
Long Term Debt / Equity (X)	0.01	0.00	0.00	0.07	0.08
Total Debt / Equity (X)	0.06	0.06	0.02	0.09	0.08
Asset Turnover Ratio (%)	0.43	0.78	0.46	0.37	0.39
Current Ratio (X)	5.75	3.10	7.02	3.93	4.24
Quick Ratio (X)	5.07	2.84	5.94	3.31	3.62
Inventory Turnover Ratio (X)	7.84	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	14.16	51.35	10.91	-0.76	-1.53
Interest Coverage Ratio (Post Tax) (X)	10.61	42.51	2.62	-7.63	-8.04
Enterprise Value (Cr.)	367.31	59.56	8.03	10.39	7.49
EV / Net Operating Revenue (X)	11.64	2.51	0.77	1.06	0.84
EV / EBITDA (X)	44.57	9.01	10.41	-144.49	-46.22
MarketCap / Net Operating Revenue (X)	12.52	2.46	0.74	0.88	0.66
Price / BV (X)	4.46	1.94	0.38	0.44	0.29
Price / Net Operating Revenue (X)	12.52	2.46	0.74	0.88	0.66
EarningsYield	0.01	0.08	0.01	-0.06	-0.10

After reviewing the key financial ratios for Ace Software Exports Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 7.49. This value is within the healthy range. It has decreased from 8.35 (Mar 24) to 7.49, marking a decrease of 0.86.
For Diluted EPS (Rs.), as of Mar 25, the value is 4.37. This value is below the healthy minimum of 5. It has decreased from 8.35 (Mar 24) to 4.37, marking a decrease of 3.98.
For Cash EPS (Rs.), as of Mar 25, the value is 5.34. This value is within the healthy range. It has decreased from 9.45 (Mar 24) to 5.34, marking a decrease of 4.11.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 69.75. It has increased from 53.81 (Mar 24) to 69.75, marking an increase of 15.94.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 69.75. It has increased from 53.81 (Mar 24) to 69.75, marking an increase of 15.94.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 24.86. It has decreased from 37.07 (Mar 24) to 24.86, marking a decrease of 12.21.
For PBDIT / Share (Rs.), as of Mar 25, the value is 6.49. This value is within the healthy range. It has decreased from 10.33 (Mar 24) to 6.49, marking a decrease of 3.84.
For PBIT / Share (Rs.), as of Mar 25, the value is 5.57. This value is within the healthy range. It has decreased from 9.23 (Mar 24) to 5.57, marking a decrease of 3.66.
For PBT / Share (Rs.), as of Mar 25, the value is 5.11. This value is within the healthy range. It has decreased from 9.03 (Mar 24) to 5.11, marking a decrease of 3.92.
For Net Profit / Share (Rs.), as of Mar 25, the value is 4.41. This value is within the healthy range. It has decreased from 8.35 (Mar 24) to 4.41, marking a decrease of 3.94.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 4.01. This value is within the healthy range. It has decreased from 7.73 (Mar 24) to 4.01, marking a decrease of 3.72.
For PBDIT Margin (%), as of Mar 25, the value is 26.12. This value is within the healthy range. It has decreased from 27.88 (Mar 24) to 26.12, marking a decrease of 1.76.
For PBIT Margin (%), as of Mar 25, the value is 22.39. This value exceeds the healthy maximum of 20. It has decreased from 24.91 (Mar 24) to 22.39, marking a decrease of 2.52.
For PBT Margin (%), as of Mar 25, the value is 20.54. This value is within the healthy range. It has decreased from 24.37 (Mar 24) to 20.54, marking a decrease of 3.83.
For Net Profit Margin (%), as of Mar 25, the value is 17.73. This value exceeds the healthy maximum of 10. It has decreased from 22.53 (Mar 24) to 17.73, marking a decrease of 4.80.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 16.12. This value is within the healthy range. It has decreased from 20.85 (Mar 24) to 16.12, marking a decrease of 4.73.
For Return on Networth / Equity (%), as of Mar 25, the value is 5.74. This value is below the healthy minimum of 15. It has decreased from 16.44 (Mar 24) to 5.74, marking a decrease of 10.70.
For Return on Capital Employeed (%), as of Mar 25, the value is 7.44. This value is below the healthy minimum of 10. It has decreased from 17.00 (Mar 24) to 7.44, marking a decrease of 9.56.
For Return On Assets (%), as of Mar 25, the value is 4.85. This value is below the healthy minimum of 5. It has decreased from 12.51 (Mar 24) to 4.85, marking a decrease of 7.66.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. It has increased from 0.00 (Mar 24) to 0.01, marking an increase of 0.01.
For Total Debt / Equity (X), as of Mar 25, the value is 0.06. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.06.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.43. It has decreased from 0.78 (Mar 24) to 0.43, marking a decrease of 0.35.
For Current Ratio (X), as of Mar 25, the value is 5.75. This value exceeds the healthy maximum of 3. It has increased from 3.10 (Mar 24) to 5.75, marking an increase of 2.65.
For Quick Ratio (X), as of Mar 25, the value is 5.07. This value exceeds the healthy maximum of 2. It has increased from 2.84 (Mar 24) to 5.07, marking an increase of 2.23.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 7.84. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 7.84, marking an increase of 7.84.
For Interest Coverage Ratio (X), as of Mar 25, the value is 14.16. This value is within the healthy range. It has decreased from 51.35 (Mar 24) to 14.16, marking a decrease of 37.19.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 10.61. This value is within the healthy range. It has decreased from 42.51 (Mar 24) to 10.61, marking a decrease of 31.90.
For Enterprise Value (Cr.), as of Mar 25, the value is 367.31. It has increased from 59.56 (Mar 24) to 367.31, marking an increase of 307.75.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 11.64. This value exceeds the healthy maximum of 3. It has increased from 2.51 (Mar 24) to 11.64, marking an increase of 9.13.
For EV / EBITDA (X), as of Mar 25, the value is 44.57. This value exceeds the healthy maximum of 15. It has increased from 9.01 (Mar 24) to 44.57, marking an increase of 35.56.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 12.52. This value exceeds the healthy maximum of 3. It has increased from 2.46 (Mar 24) to 12.52, marking an increase of 10.06.
For Price / BV (X), as of Mar 25, the value is 4.46. This value exceeds the healthy maximum of 3. It has increased from 1.94 (Mar 24) to 4.46, marking an increase of 2.52.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 12.52. This value exceeds the healthy maximum of 3. It has increased from 2.46 (Mar 24) to 12.52, marking an increase of 10.06.
For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.08 (Mar 24) to 0.01, marking a decrease of 0.07.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Ace Software Exports Ltd as of March 7, 2026 is: ₹161.71

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 7, 2026, Ace Software Exports Ltd is Overvalued by 24.08% compared to the current share price ₹213.00

Intrinsic Value of Ace Software Exports Ltd as of March 7, 2026 is: ₹225.73

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 7, 2026, Ace Software Exports Ltd is Undervalued by 5.98% compared to the current share price ₹213.00

Last 5 Year EPS CAGR: 39.59%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (25.52 cr) compared to borrowings (2.02 cr), indicating strong financial stability. The company has shown consistent growth in sales (14.85 cr) and profit (1.52 cr) over the years.	The stock has a low average ROCE of 0.94%, which may not be favorable. The stock has a high average Working Capital Days of 189.82, which may not be favorable. The stock has a high average Cash Conversion Cycle of 6.09, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ace Software Exports Ltd:
1. Net Profit Margin: 17.73%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 7.44% (Industry Average ROCE: 14.9%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.74% (Industry Average ROE: 21%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 10.61
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 5.07
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 48.4 (Industry average Stock P/E: 98.43)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.06
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

ACE Software Exports Ltd. is a Public Limited Listed company incorporated on 17/08/1994 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L62011GJ1994PLC022781 and registration number is 022781. Currently Company is involved in the business activities of Computer programming, consultancy and related activities. Company's Total Operating Revenue is Rs. 11.56 Cr. and Equity Capital is Rs. 12.69 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	801, Everest, Rajkot Gujarat 360001	Contact not found

Management
Name	Position Held
Mr. Amit M Mehta	Managing Director & CEO
Mr. Rahul J Kalaria	Whole Time Director
Mr. Sanjay H Dhamsania	Whole Time Director
Mr. Vikram B Sanghani	Whole Time Director
Mr. Sanjiv Punjani	Independent Director
Mr. Dharmesh C Dadhania	Independent Director
Mr. Divyesh B Aghera	Independent Director
Ms. Malini Shah	Independent Director

FAQ

What is the intrinsic value of Ace Software Exports Ltd?

Ace Software Exports Ltd's intrinsic value (as of 07 March 2026) is ₹225.73 which is 5.98% higher the current market price of ₹213.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹343 Cr. market cap, FY2025-2026 high/low of ₹302/163, reserves of ₹79.68 Cr, and liabilities of ₹117.01 Cr.

What is the Market Cap of Ace Software Exports Ltd?

The Market Cap of Ace Software Exports Ltd is 343 Cr..

What is the current Stock Price of Ace Software Exports Ltd as on 07 March 2026?

The current stock price of Ace Software Exports Ltd as on 07 March 2026 is ₹213.

What is the High / Low of Ace Software Exports Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Ace Software Exports Ltd stocks is ₹302/163.

What is the Stock P/E of Ace Software Exports Ltd?

The Stock P/E of Ace Software Exports Ltd is 48.4.

What is the Book Value of Ace Software Exports Ltd?

The Book Value of Ace Software Exports Ltd is 50.8.

What is the Dividend Yield of Ace Software Exports Ltd?

The Dividend Yield of Ace Software Exports Ltd is 0.00 %.

What is the ROCE of Ace Software Exports Ltd?

The ROCE of Ace Software Exports Ltd is 9.97 %.

What is the ROE of Ace Software Exports Ltd?

The ROE of Ace Software Exports Ltd is 8.06 %.

What is the Face Value of Ace Software Exports Ltd?

The Face Value of Ace Software Exports Ltd is 10.0.