Annonce • 9h
Ace Engitech Limited to Report Q4, 2026 Results on May 29, 2026 Ace Engitech Limited announced that they will report Q4, 2026 results on May 29, 2026 Annonce • Feb 04
Ace Engitech Limited to Report Q3, 2026 Results on Feb 11, 2026 Ace Engitech Limited announced that they will report Q3, 2026 results on Feb 11, 2026 New Risk • Nov 19
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹933k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Negative equity (-₹933k). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹122.4m market cap, or US$1.38m). Annonce • Nov 04
Ace Engitech Limited to Report Q2, 2026 Results on Nov 11, 2025 Ace Engitech Limited announced that they will report Q2, 2026 results on Nov 11, 2025 New Risk • Sep 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹939k free cash flow). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹146.8m market cap, or US$1.67m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Annonce • Sep 01
Ace Engitech Limited, Annual General Meeting, Sep 27, 2025 Ace Engitech Limited, Annual General Meeting, Sep 27, 2025, at 11:30 Indian Standard Time. Annonce • Jul 28
Ace Engitech Limited to Report Q1, 2026 Results on Aug 04, 2025 Ace Engitech Limited announced that they will report Q1, 2026 results on Aug 04, 2025 New Risk • Jun 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹939k free cash flow). Earnings have declined by 1.9% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹170.9m market cap, or US$2.00m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • May 28
New major risk - Revenue and earnings growth Earnings have declined by 1.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹939k free cash flow). Earnings have declined by 1.9% per year over the past 5 years. Revenue is less than US$1m (₹255k revenue, or US$3.0k). Market cap is less than US$10m (₹170.0m market cap, or US$1.99m). Annonce • May 17
Ace Engitech Limited to Report Q4, 2025 Results on May 23, 2025 Ace Engitech Limited announced that they will report Q4, 2025 results on May 23, 2025 Annonce • Feb 06
Ace Engitech Limited to Report Q3, 2025 Results on Feb 14, 2025 Ace Engitech Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Annonce • Nov 09
Ace Engitech Limited to Report Q2, 2025 Results on Nov 14, 2024 Ace Engitech Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Annonce • Aug 29
Ace Engitech Limited, Annual General Meeting, Sep 28, 2024 Ace Engitech Limited, Annual General Meeting, Sep 28, 2024. Board Change • Aug 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. CFO & Non-Executive Director Dinesh Bohra was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Aug 05
Ace Engitech Limited to Report Q1, 2025 Results on Aug 13, 2024 Ace Engitech Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Annonce • Jul 24
Ace Engitech Limited Announces the Resignation of Niraj Hirachand Gulecha as Non-Executive Director The Board of Directors of Ace Engitech Limited has considered and accepted the resignation of Mr. Niraj Hirachand Gulecha from the position of Director, Non-Executive with effect from closing hours of July 23, 2024. New Risk • Jun 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 285% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹844k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (285% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (₹71.2m market cap, or US$852.5k). New Risk • Jun 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 285% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹844k free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Shareholders have been substantially diluted in the past year (285% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (₹71.2m market cap, or US$852.9k). New Risk • Jun 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹844k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (₹59.5m market cap, or US$711.5k). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). New Risk • May 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹844k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹844k free cash flow). Revenue is less than US$1m (₹18k revenue, or US$216). Market cap is less than US$10m (₹77.6m market cap, or US$932.3k). Annonce • May 22
Ace Engitech Limited to Report Q4, 2024 Results on May 28, 2024 Ace Engitech Limited announced that they will report Q4, 2024 results on May 28, 2024 Annonce • Feb 03
Ace Engitech Limited to Report Q3, 2024 Results on Feb 10, 2024 Ace Engitech Limited announced that they will report Q3, 2024 results on Feb 10, 2024 New Risk • Nov 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹4.1m free cash flow). Revenue is less than US$1m (₹1.3m revenue, or US$15k). Market cap is less than US$10m (₹43.2m market cap, or US$518.9k). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Annonce • Oct 19
Ace Engitech Limited to Report Q2, 2024 Results on Oct 28, 2023 Ace Engitech Limited announced that they will report Q2, 2024 results on Oct 28, 2023 Annonce • Sep 01
Ace Engitech Limited, Annual General Meeting, Sep 29, 2023 Ace Engitech Limited, Annual General Meeting, Sep 29, 2023, at 10:30 Indian Standard Time. Reported Earnings • Jul 29
First quarter 2024 earnings released: ₹0.19 loss per share (vs ₹0.34 loss in 1Q 2023) First quarter 2024 results: ₹0.19 loss per share (improved from ₹0.34 loss in 1Q 2023). Net loss: ₹631.0k (loss narrowed 43% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 22
Ace Engitech Limited to Report Q2, 2023 Results on Jul 27, 2023 Ace Engitech Limited announced that they will report Q2, 2023 results on Jul 27, 2023 Annonce • May 26
Ace Engitech Limited to Report Q4, 2023 Results on May 29, 2023 Ace Engitech Limited announced that they will report Q4, 2023 results on May 29, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.23 (vs ₹0.15 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.23 (up from ₹0.15 loss in 3Q 2022). Revenue: ₹1.28m (up ₹1.27m from 3Q 2022). Net income: ₹766.0k (up ₹1.26m from 3Q 2022). Profit margin: 60% (up from net loss in 3Q 2022). Annonce • Feb 04
Ace Engitech Limited to Report Q3, 2023 Results on Feb 11, 2023 Ace Engitech Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Feb 11, 2023 Annonce • Dec 11
Ace Engitech Limited Approves Appointment of Ankita Agarwal as Company Secretary and Compliance Officer Ace Engitech Limited announced that at its board meeting held on December 10, 2022, approved appointment of Mrs. Ankita Agarwal as company secretary and compliance officer of the company, effective December 10, 2022. Educational Qualification: ACS, MCOM (ABST), BBA, DCAA; Date of Birth: March 22, 1988. Ms. Ankita Agarwal is an Associate member of Institute of Company Secretaries of India (ICSI) and a postgraduate in Commerce, having over a decade of experience in secretarial and legal functions across various industries and having experience of working in the areas of Companies Act, SEBI Regulations, LLP Act, FEMA and liasoning with various authorities. Annonce • Dec 02
Ace Engitech Announces Resignation of Priya Gupta as Company Secretary and Compliance Officer Ace Engitech Limited announced that due to personal reason, Ms. Priya Gupta (Having Membership Number: A34581), has been resigned from the post ofCompany Secretary and Compliance Officer of the Company with effect from November 30. 2022. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Additional Independent Director Hemant Bohra is the most experienced director on the board, commencing their role in 2021. Additional Independent Director Nagendra Nallu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annonce • Oct 22
Ace Engitech Limited to Report Q2, 2023 Results on Oct 29, 2022 Ace Engitech Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Oct 29, 2022 Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 19% share price gain to ₹17.54, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 858% over the past three years. Annonce • Jul 30
Ace Engitech Limited to Report Q1, 2023 Results on Aug 06, 2022 Ace Engitech Limited announced that they will report Q1, 2023 results at 12:15 PM, Indian Standard Time on Aug 06, 2022 Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹14.15, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 348% over the past three years. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 27% share price gain to ₹15.38, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 285% over the past three years. Board Change • Jun 20
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Additional Independent Director Hemant Bohra is the most experienced director on the board, commencing their role in 2021. Additional Independent Director Nagendra Nallu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annonce • Jun 02
Ace Engitech Limited, Annual General Meeting, Jul 11, 2022 Ace Engitech Limited, Annual General Meeting, Jul 11, 2022, at 11:00 Indian Standard Time. Annonce • May 20
Ace Engitech Limited to Report Q4, 2022 Results on May 28, 2022 Ace Engitech Limited announced that they will report Q4, 2022 results on May 28, 2022 Board Change • May 02
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Additional Independent Director Hemant Bohra is the most experienced director on the board, commencing their role in 2021. Additional Independent Director Nagendra Nallu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Nov 09
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (4 non-independent directors). Additional Independent Director Hemant Bohra is the most experienced director on the board, commencing their role in 2021. Additional Independent Director Nagendra Nallu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Oct 14
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Additional Independent Director Hemant Bohra is the most experienced director on the board, commencing their role in 2021. Additional Independent Director Nagendra Nallu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Sep 13
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Additional Independent Director Hemant Bohra is the most experienced director on the board, commencing their role in 2021. Additional Independent Director Nagendra Nallu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Executive Departure • Apr 06
Non-Independent Woman Director has left the company On the 31st of March, Prem Somani's tenure as Non-Independent Woman Director ended after 29.5 years in the role. As of December 2020, Prem personally held only 766.10k shares (₹2.6m worth at the time). A total of 5 executives have left over the last 12 months. Executive Departure • Apr 06
Independent Director has left the company On the 31st of March, Om Bansal's tenure as Independent Director ended after 2.9 years in the role. We don't have any record of a personal shareholding under Om's name. A total of 5 executives have left over the last 12 months. Executive Departure • Mar 02
Company Secretary & Compliance Officer has left the company On the 28th of February, Aayushi Pareek's tenure as Company Secretary & Compliance Officer ended after 1.6 years in the role. We don't have any record of a personal shareholding under Aayushi's name. A total of 3 executives have left over the last 12 months. Executive Departure • Mar 02
Chief Financial Officer has left the company On the 28th of February, Jitendra Khandelwal's tenure as Chief Financial Officer ended after 1.9 years in the role. We don't have any record of a personal shareholding under Jitendra's name. A total of 3 executives have left over the last 12 months. Executive Departure • Feb 19
Independent Additional Director has left the company On the 17th of February, Vimal Gupta's tenure as Independent Additional Director ended after 1.1 years in the role. We don't have any record of a personal shareholding under Vimal's name. Vimal is the only executive to leave the company over the last 12 months. Annonce • Feb 18
Prem Somani Financial Services Limited Announces the Resignation of Vimal Kumar Gupta as Director Prem Somani Financial Services Limited received resignation letter from Vimal Kumar Gupta DIN: 08657469, Independent Director of the company from the office of Director due to personal reasons with immediate effect. Annonce • Jan 28
Prem Somani Financial Services Limited to Report Q3, 2021 Results on Feb 03, 2021 Prem Somani Financial Services Limited announced that they will report Q3, 2021 results on Feb 03, 2021 Is New 90 Day High Low • Dec 10
New 90-day high: ₹3.21 The company is up 58% from its price of ₹2.03 on 04 September 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 25% over the same period. Annonce • Jul 31
Prem Somani Financial Services Limited to Report Q1, 2021 Results on Aug 05, 2020 Prem Somani Financial Services Limited announced that they will report Q1, 2021 results on Aug 05, 2020