Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹1308 Cr.
Stock P/E
-28.7
P/B
7
Current Price
₹24
Book Value
₹ 3.4
Face Value
1
52W High
₹33.3
52W Low
₹ 23.4
Dividend Yield
0%

AceVector Overview

Business

AceVector Ltd. operates in the e-commerce sector in India. As an e-commerce company, its core business typically involves facilitating online transactions for various goods and services. This can be through a marketplace model, where it connects independent sellers with buyers and earns commissions on sales, or a direct-to-consumer (D2C) model, where it sells its own inventory. The company makes money primarily through sales commissions, listing fees for sellers, advertising revenue from brands promoting products on its platform, and potentially revenue from fulfillment and logistics services provided to sellers.

Revenue Mix

Without specific financial data, AceVector's revenue is likely derived from various product categories typical of a general e-commerce platform, such as electronics, fashion, home goods, groceries, and potentially other lifestyle products. The company may also generate revenue from value-added services like digital payments, logistics solutions for third-party sellers, or subscription programs for customers or sellers. Specific contribution breakdowns by product category or service are not available.

Industry

The Indian e-commerce industry is one of the fastest-growing globally, characterized by high competition. It is dominated by well-funded domestic and international players like Amazon India, Flipkart (Walmart-owned), and JioMart. AceVector operates within this dynamic landscape, potentially targeting specific niches, offering differentiated services, or competing directly across various product categories. Its positioning would depend on its market share, unique value proposition, and efficiency in logistics and customer acquisition compared to established giants and emerging startups.

MOAT

Developing a durable competitive advantage in the Indian e-commerce sector is challenging due to intense competition and capital requirements. Potential moats for AceVector could include:

Efficient Logistics Network: A robust and cost-effective delivery infrastructure, especially in tier-2 and tier-3 cities.

Strong Brand Recognition/Customer Loyalty: Building a trusted brand that resonates with a specific customer segment.

Seller Network: A wide and exclusive network of sellers offering unique or competitively priced products.

Data & Personalization: Leveraging user data to offer highly personalized shopping experiences.

Localized Offerings: Tailoring products and services to specific regional tastes and languages. However, these advantages require significant investment and execution to sustain against larger players.

Growth Drivers

Key factors driving AceVector's potential growth over the next 3-5 years include:

Increasing Internet Penetration: Continued rise in smartphone and internet users across India.

Rising Disposable Incomes: Growth of the middle class leading to increased online spending.

Digital Payment Adoption: Expansion of digital payment infrastructure and consumer comfort with online transactions.

Tier-2/3 City Expansion: Untapped potential in smaller cities and towns adopting e-commerce.

Category Expansion: Launching new product categories or services to broaden its market appeal.

Logistics Improvement: Investing in faster, more reliable, and cost-efficient supply chain solutions.

Risks

Intense Competition: High competitive pressure from large, well-funded players leading to price wars and high marketing costs.

Profitability Challenges: Difficulty in achieving sustained profitability due to high customer acquisition costs, logistics expenses, and low margins.

Regulatory Changes: Evolving government regulations concerning e-commerce (e.g., FDI rules, consumer protection, data privacy) could impact operations.

Logistics & Supply Chain Disruptions: Inefficiencies or disruptions in the supply chain can severely impact customer experience and delivery timelines.

Cybersecurity & Data Privacy: Risks of data breaches and maintaining customer trust in handling sensitive information.

Evolving Consumer Preferences: Rapid shifts in consumer tastes and expectations requiring constant adaptation.

Management & Ownership

AceVector Ltd. is an Indian company. Typically, an e-commerce company of this nature would have promoters and a management team with significant experience in technology, retail, logistics, and digital marketing. The ownership structure likely includes the founding promoters, potentially venture capital or private equity funds, and institutional investors if it is publicly traded. Specific details about the key promoters, the quality of its management team, or its detailed ownership breakdown are not provided.

Outlook

AceVector operates in a fundamentally attractive market due to India's vast and underserved digital consumer base, suggesting significant long-term growth potential for e-commerce. The company can leverage increasing internet penetration and digital payment adoption to expand its customer base and transaction volumes. However, the outlook is balanced by the extremely competitive landscape, where established players hold significant market share and capital. AceVector's success hinges on its ability to carve out a sustainable niche, build strong operational efficiencies (especially in logistics), manage regulatory changes effectively, and achieve profitability amidst intense pricing pressures. Maintaining a strong balance sheet and prudent capital allocation will be crucial for navigating the evolving Indian e-commerce market.

AceVector Share Price

Live · BSE / NSE · Inception: 2007
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

AceVector Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

AceVector Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 1214 904 436 839 846 472 540 372 380 395 510
Other Income 293 302 132 94 70 46 41 16 14 33 43
Total Income 1507 1206 568 933 917 518 581 388 394 428 553
Total Expenditure 4756 3536 879 1096 1179 593 1065 658 427 463 575
Operating Profit -3249 -2330 -311 -163 -263 -74 -485 -270 -33 -34 -22
Interest 5 35 4 3 1 1 2 1 2 2 2
Depreciation 40 53 47 22 30 50 20 12 8 11 13
Exceptional Income / Expenses 0 -2196 -251 0 21 0 0 18 -3 -74 0
Profit Before Tax -3293 -4614 -613 -187 -273 -126 -510 -265 -46 -121 -38
Provision for Tax 0 0 0 1 0 1 1 2 6 6 8
Profit After Tax -3293 -4614 -613 -189 -273 -127 -510 -268 -51 -126 -46
Adjustments -22 -33 0 2 -0 2 0 -3 -7 -13 -15
Profit After Adjustments -3316 -4647 -613 -187 -274 -125 -510 -270 -58 -139 -61
Adjusted Earnings Per Share -690.7 -968.1 -191.6 -4.9 -6.9 -3.2 -12.8 -6.8 -1.5 -3.5 -1.3

AceVector Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 5936 1472 817 645 653 519 158 23 -142 126 102
Minority's Interest 17 3 0 0 0 0 0 5 20 62 158
Borrowings 19 43 13 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 37 13 7 9 17 14 131 142 329 28 31
Total Current Liabilities 852 774 497 693 255 262 321 209 201 338 281
Total Liabilities 6860 2306 1335 1347 925 795 610 379 408 554 572
Fixed Assets 2323 239 72 146 150 112 101 89 99 251 258
Other Non-Current Assets 691 166 82 81 85 33 58 104 92 45 53
Total Current Assets 3846 1902 1181 1120 690 650 452 186 217 258 261
Total Assets 6860 2306 1335 1347 925 795 610 379 408 554 572

AceVector Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 240 35 36 82 14 2 48 40 29 11 8
Cash Flow from Operating Activities -3504 -2665 -262 -36 -372 -91 -338 -209 -55 -27 -2
Cash Flow from Investing Activities -282 2457 353 -0 363 141 238 169 -33 -103 18
Cash Flow from Financing Activities 3580 209 -45 -31 -3 -4 93 30 69 127 -6
Net Cash Inflow / Outflow -205 2 46 -68 -12 45 -8 -11 -18 -3 10
Closing Cash & Cash Equivalent 35 36 82 14 2 48 40 29 11 8 17

AceVector Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) -690.73 -968.15 -191.56 -4.86 -6.95 -3.19 -12.84 -6.8 -1.46 -3.5 -1.35
CEPS(Rs) 0 0 0 -4.34 -6.17 -1.95 -12.33 -6.43 -1.09 -2.9 -0.71
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 1179.88 301.44 247.44 15.76 15.19 12.27 -5.85 -12.15 -16.02 -9.04 -2.5
Core EBITDA Margin(%) -291.64 -291.26 -101.49 -30.53 -39.33 -25.6 -97.4 -76.82 -12.45 -17.08 -12.66
EBIT Margin(%) -270.84 -506.63 -139.58 -22 -32.14 -26.43 -94.02 -70.96 -11.48 -30.08 -6.93
Pre Tax Margin(%) -271.21 -510.5 -140.56 -22.3 -32.31 -26.73 -94.43 -71.28 -12.05 -30.53 -7.36
PAT Margin (%) -271.22 -510.53 -140.56 -22.46 -32.31 -26.92 -94.57 -71.92 -13.51 -31.97 -8.92
Cash Profit Margin (%) -267.93 -504.7 -129.74 -19.84 -28.71 -16.26 -90.78 -68.65 -11.45 -29.15 -6.31
ROA(%) -49.68 -100.68 -33.67 -14.06 -24.07 -14.76 -72.63 -54.08 -13.03 -26.27 -8.09
ROE(%) -59.19 -129.79 -54.76 -26.99 -45.46 -23.49 -407.12 0 0 0 0
ROCE(%) -56.94 -121.13 -50.28 -24.08 -41.46 -21.27 -149.91 -292.32 0 0 -30.89
Receivable days 6.78 22.09 37.87 3.54 3.99 7.32 9.3 16.18 24.02 27.52 17.83
Inventory Days 0 0 0 0 0 0 0 3.85 5.47 4.03 1.42
Payable days 0 0 0 0 0 0 0 0 1693.15 2801.86 5390.09
PER(x) 0 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) -0.82 -0.34 -0.64 -0.32 -0.1 -0.57 -0.27 0.02 0.07 -0.05 0.05
EV/Core EBITDA(x) 0.3 0.13 0.89 1.64 0.32 3.61 0.3 -0.03 -0.86 0.59 -1.11
Net Sales Growth(%) 58.38 -25.57 -51.75 92.48 0.83 -44.26 14.38 -31.06 2.1 4.02 29.2
EBIT Growth(%) -148.42 -39.23 86.71 69.66 -47.28 54.17 -306.89 47.97 83.49 -172.67 70.25
PAT Growth(%) -148.6 -40.1 86.71 69.25 -45.07 53.56 -301.87 47.57 80.83 -146.22 63.97
EPS Growth(%) -149.66 -40.16 80.21 97.46 -43.02 54.14 -303.01 47.05 78.59 -140.66 61.53
Debt/Equity(x) 0.01 0.05 0.07 0.02 0 0 0 0 0 -0 0
Current Ratio(x) 4.52 2.46 2.38 1.62 2.71 2.48 1.41 0.89 1.08 0.76 0.93
Quick Ratio(x) 4.52 2.46 2.38 1.62 2.71 2.48 1.41 0.87 1.04 0.76 0.92
Interest Cover(x) -730.84 -130.83 -141.56 -73.88 -191.44 -88.99 -227.39 -219.41 -20.04 -67.79 -16.05
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +29% +11% +2% -8%
Operating Profit CAGR — — — —
PAT CAGR — — — —
Share Price CAGR — — — —
ROE Average 0% 0% -81% -68%
ROCE Average -31% -10% -95% -72%

AceVector Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 49.96 %
FII 18.26 %
DII (MF + Insurance) 13.33 %
Public (retail) 18.44 %
Others 0.01 %
# Sep 2013 Aug 2014 Sep 2015 Sep 2016 Sep 2017 Sep 2018 Mar 2019 Mar 2020 Sep 2026
Promoter 0062.4758.4658.4675.867.17.5649.96
FII 0000000018.26
DII 0003.543.544.591.651.3213.33
Public 10010037.53383819.5691.2591.1318.44
Others 000000000
Total 100100100100100100100100100

AceVector Peer Comparison

e-Commerce Edit Columns

AceVector Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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AceVector Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Promoter holding is low: 49.96%.
  • Company has a low return on equity of 0% over the last 3 years.
  • Debtor days have increased from 2801.86 to 5390.09days.
  • Stock is trading at 7 times its book value.
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