Pace E-Commerce Ventures Ltd - Stock Valuation and Financial Performance

BSE: 543637 | NSE: | e-Commerce | Small Cap

Pace E-Comm Vent. Share Price

36.04 -1.71 -4.53%
as on 13-Dec'24 16:59

DeciZen - make an informed investing decision on Pace E-Comm Vent.

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Pace E-Commerce Ventures stock performance -

mw4me loader
P/E Ratio (SA):
33.94
Market Cap:
81.2 Cr.
52-wk low:
15.8
52-wk high:
44.5

Is Pace E-Commerce Ventures Ltd an attractive stock to invest in?

1. Is Pace E-Commerce Ventures Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Pace E-Commerce Ventures Ltd is a below average quality company.

2. Is Pace E-Commerce Ventures Ltd undervalued or overvalued?

The key valuation ratios of Pace E-Commerce Ventures Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Pace E-Commerce Ventures Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Pace E-Commerce Ventures Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Pace E-Comm Vent.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Pace E-Commerce Ventures Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 4.8%2.3%3.4%2.7%5.4%-
Value Creation
Index
-0.7-0.8-0.8-0.8-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.51.710.528.442.843
Sales YoY Gr.-14.1%517.7%170.2%50.9%-
Adj EPS 3.400.30.31.11.1
YoY Gr.--98.8%650%-6.7%278.6%-
BVPS (₹) 72.414.214.531.332.432.4
Adj Net
Profit
00.10.50.62.42
Cash Flow from Ops. 0-2.8-2.3-41.42.4-
Debt/CF from Ops. -2023.2-0.4-1.6-0.11.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA193.1%50.9%
Adj EPS NANA198.1%278.6%
BVPSNANA31.7%3.4%
Share Price - - - 23.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
4.70.62.11.33.33.3
Op. Profit
Mgn %
4.118.48.84.97.7NAN
Net Profit
Mgn %
0.24.25.22.25.65.6
Debt to
Equity
16.800.10.10.1-
Working Cap
Days
07072593944610
Cash Conv.
Cycle
01766278690

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.30%

Sales growth is growing at healthy rate in last 3 years 193.11%

Net Profit is growing at healthy rate in last 3 years 198.14%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Pace E-Commerce Ventures Ltd.

Standalone Consolidated
TTM EPS (₹) 1.1 -
TTM Sales (₹ Cr.) 42.8 -
BVPS (₹.) 32.4 -
Reserves (₹ Cr.) 50 -
P/BV 1.11 -
PE 33.94 -
From the Market
52 Week Low / High (₹) 15.80 / 44.45
All Time Low / High (₹) 15.80 / 120.90
Market Cap (₹ Cr.) 81.2
Equity (₹ Cr.) 22.5
Face Value (₹) 10
Industry PE 149.9

Management X-Ray of Pace E-Comm Vent.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.009.04
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Pace E-Comm Vent.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24
Sales1.491.7010.5028.3742.81
Operating Expenses 1.431.399.5726.9939.51
Manufacturing Costs0.420.400.390.320.23
Material Costs0.830.838.4425.8537.42
Employee Cost 0.040.030.160.120.68
Other Costs 0.140.120.580.701.17
Operating Profit 0.060.310.931.383.30
Operating Profit Margin (%) 4.1%18.4%8.8%4.9%7.7%
Other Income 0.010.020.050.031.17
Interest 0.060.230.220.630.78
Depreciation 0.010.010.020.020.40
Exceptional Items 00000
Profit Before Tax 00.100.730.763.29
Tax 00.030.190.140.89
Profit After Tax 00.070.540.622.39
PAT Margin (%) 0.2%4.2%5.2%2.2%5.6%
Adjusted EPS (₹)3.40.00.30.31.1
Dividend Payout Ratio (%)0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 0.0725.9526.4970.5372.92
Share Capital 0.0118.3218.3222.5322.53
Reserves 0.067.638.1847.9950.39
Minority Interest00000
Debt1.210.643.142.593.30
Long Term Debt1.210.643.141.912.79
Short Term Debt0000.680.50
Trade Payables0.270.741.940.504.31
Others Liabilities 0.020.520.841.403.05
Total Liabilities 1.5827.8632.4175.0183.57

Fixed Assets

Gross Block0.0822.6022.6322.8126.81
Accumulated Depreciation0.060.060.080.100.50
Net Fixed Assets0.0322.5422.5522.7126.30
CWIP 0000.170.26
Investments 0.010.010.0100
Inventories0.541.101.921.569.36
Trade Receivables0.370.542.818.461.08
Cash Equivalents 0.110.140.140.640.35
Others Assets0.523.524.9841.4946.22
Total Assets 1.5827.8632.4175.0183.57

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0-2.82-2.29-41.382.41
PBT 00.100.730.763.29
Adjustment 0.060.210.200.48-0.11
Changes in Working Capital -0.06-3.13-3.03-42.490.11
Tax Paid -0.010-0.20-0.14-0.87
Cash Flow From Investing Activity 0.03-22.52-0.03-0.35-4.08
Capex 0.03-22.52-0.03-0.35-4.08
Net Investments 00000
Others 00000
Cash Flow From Financing Activity 0.0225.372.3142.231.39
Net Proceeds from Shares 025.81043.410
Net Proceeds from Borrowing 0.07-0.572.1800
Interest Paid -0.05-0.20-0.18-0.46-0.66
Dividend Paid 00000
Others 00.330.32-0.722.05
Net Cash Flow 0.050.0300.50-0.28
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)4.70.552.061.283.34
ROCE (%)4.822.293.352.685.37
Asset Turnover Ratio0.950.120.350.530.54
PAT to CFO Conversion(x)N/A-40.29-4.24-66.741.01
Working Capital Days
Receivable Days9197587341
Inventory Days132176532247
Payable Days117221581723

Pace E-Commerce Ventures Ltd Stock News

Pace E-Commerce Ventures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pace E-Comm Vent. on 13-Dec-2024 16:59 is ₹36.04.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 13-Dec-2024 16:59 the market cap of Pace E-Comm Vent. stood at ₹81.21.
The latest P/E ratio of Pace E-Comm Vent. as of 13-Dec-2024 16:59 is 33.94.
The latest P/B ratio of Pace E-Comm Vent. as of 13-Dec-2024 16:59 is 1.11.
The 52-week high of Pace E-Comm Vent. is ₹44.45 and the 52-week low is ₹15.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pace E-Comm Vent. is ₹42.81 ( Cr.) .

About Pace E-Commerce Ventures Ltd

The company was originally incorporated as “Pace Sports and Entertainment Private Limited” as Private Limited Company under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated August 05,2015 bearing Corporate Identification Number issued by the Assistant Registrar of Companies, Pune. Subsequently, the name of the Company was changed to “Pace E-Commerce Ventures Private Limited” and a fresh certificate of incorporation was issued by Registrar of Companies, Pune on July 25, 2022. After that, the Company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on August 03, 2022 and consequently the name of the Company was changed to “Pace E-Commerce Ventures Limited” and a fresh certificate of incorporation was issued by the Registrar of Companies, Pune dated August 08, 2022.

The company started in August 2015 as a business that would give the kids/young consumers and sports enthusiasts in India access to International Football Clubs Merchandise and International Sports Brands apparels and Sports Goods. It started with imports and distribution of branded international sports apparels and extended to various branded merchandise and accessories. Thereafter it acquired manufacturing and distribution licenses of some of the popular and biggest brands in the Kids Entertainment Industry. This helped it in reaching a larger distribution area and a wider population. This wider assortment of products and customer base helped it gain valuable insights and obtain information and data as to what today‘s customer really want. It has spent time for developing on these valuable information and data points from its customers including but not limited to, Kids, Teenagers, Young Adults and Young Parents. It arrived at a clear conclusion - The demand is very swiftly moving to customized, personalized products.

Thereafter, the company established its own e-commerce portal, www.cotandcandy.com offering a large range of products across different categories. It also started catering to number of request for on demand printing and manufacturing of products for both B2C and B2B Customers. Later, the portal expanded product categories to kids sports, kids fashion, kids furniture and home textiles. It currently have exclusive manufacturing and distribution rights for world renowned kids character entertainment brands and products in its portfolio including Licenses of Internationally reputed Kids brand. Besides these it has also developed good collection of Home Textiles and gifting products under its own private labels. In this journey, it has gradually transformed from an importer, licensee and distributor to an online digital retail and providing an online platform to manufacturing Company for unique and personalized products. At present company operates across all cities in India through the online channels and most major cities through offline distribution of products.

Business area of the company

The company offers children's furniture, bedding, housewares and essentials. The company's product portfolio includes Beds and Cribs, Seating and Lounging, Storage & Organisers, Playroom Furniture, Bins and Baskets, Decor and Accessories, Kids Bedding, Baby Bedding, Baby & Kids Essentials, Dinning Essentials & Homeware, Sports Ride Ons & Outdoor, Art and Craft, Games and Puzzles, Scooters and Ride Ons, Dolls Action figures and soft toys.

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