Income Statement AceVector Limited

Stocks

ACEVECTOR

INE580P01029

End-of-day quote Bombay S.E.			5-day change	1st Jan Change
- ^INR	-.--%		-.--%	-

9224d6362.KLng-TUUE-2Vf4MEyZDuArROWNdRt5gX1Wr_4Ymfp4U.eeCKnExhWd7bTe5M8KeBN9k7H70Y5ftyuSW3hOHl0-tw6LGdX3hb1PlN9A

Published financial data: ACEVECTOR LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	4.72B	3.72B	3.8B	3.95B	5.1B
Total Revenues	4.72B	3.72B	3.8B	3.95B	5.1B
Cost of Goods Sold, Total	2B	1.63B	1.26B	1.66B	2.5B
Gross Profit	2.72B	2.09B	2.54B	2.29B	2.61B
Selling General & Admin Expenses, Total	3.39B	4.01B	2.3B	2.22B	2.61B
Provision for Bad Debts	-	-	-	34.03M	-2.56M
Depreciation & Amortization - (IS)	503M	122M	78.31M	112M	133M
Other Operating Expenses	449M	1.1B	1.74B	495M	489M
Other Operating Expenses, Total	4.34B	5.24B	4.12B	2.86B	3.23B
Operating Income	-1.62B	-3.15B	-1.58B	-570M	-625M
Interest Expense, Total	-7.85M	-9.07M	-21.53M	-16.46M	-20.9M
Interest And Investment Income	303M	35.91M	26.97M	84.62M	86.48M
Net Interest Expenses	295M	26.84M	5.44M	68.16M	65.58M
Income (Loss) On Equity Invest.	15.42M	-	-	-	-
Currency Exchange Gains (Loss)	-70K	-590K	-670K	-920K	-2.04M
Other Non Operating Income (Expenses)	23.38M	72.01M	18.01M	11.52M	13.01M
EBT, Excl. Unusual Items	-1.29B	-3.05B	-1.56B	-491M	-548M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-15.21M	180K	1.01M	17.39M	15.66M
Gain (Loss) On Sale Of Assets	-	38.02M	-9.79M	-190K	-830K
Other Unusual Items	58.41M	216M	3.8M	-732M	158M
EBT, Incl. Unusual Items	-1.25B	-2.8B	-1.56B	-1.21B	-376M
Income Tax Expense	9M	24.07M	43.63M	64.88M	79.51M
Earnings From Continuing Operations	-1.25B	-2.82B	-1.6B	-1.27B	-455M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-1.25B	-2.82B	-1.6B	-1.27B	-455M
Minority Interest	-	-5.95M	-14.32M	-130M	-153M
Net Income - (IS)	-1.25B	-2.83B	-1.62B	-1.4B	-608M
Net Income to Common Incl Extra Items	-1.25B	-2.83B	-1.62B	-1.4B	-608M
Net Income to Common Excl. Extra Items	-1.25B	-2.83B	-1.62B	-1.4B	-608M
Per Share Items
Net EPS - Basic	-3.18	-7.12	-4.07	-3.06	-1.32
Basic EPS - Continuing Operations	-3.18	-7.12	-4.07	-3.06	-1.32
Basic Weighted Average Shares Outstanding	394M	397M	397M	458M	462M
Net EPS - Diluted	-3.18	-7.12	-4.07	-3.06	-1.32
Diluted EPS - Continuing Operations	-3.18	-7.12	-4.07	-3.06	-1.32
Diluted Weighted Average Shares Outstanding	394M	397M	397M	458M	462M
Normalized Basic EPS	-2.04	-4.81	-2.48	-0.95	-1.07
Normalized Diluted EPS	-2.04	-4.81	-2.48	-0.95	-1.07
Supplemental Items
EBITDA	-1.15B	-3.06B	-1.54B	-458M	-596M
EBITA	-1.33B	-3.15B	-1.58B	-570M	-610M
EBIT	-1.62B	-3.15B	-1.58B	-570M	-625M
EBITDAR	-1.14B	-3.05B	-1.54B	-451M	-586M
Total Revenues (As Reported)	5.1B	3.88B	3.85B	4.07B	5.38B
Effective Tax Rate - (Ratio)	-0.72	-0.86	-2.8	-5.38	-21.17
Total Current Taxes	9M	31.04M	47.46M	76.96M	89.47M
Total Deferred Taxes	-	-6.97M	-3.83M	-12.08M	-9.96M
Normalized Net Income	-805M	-1.91B	-986M	-437M	-495M
Interest on Long-Term Debt	7.85M	4.59M	11.68M	16.24M	20.64M
Non-Cash Pension Expense	3.75M	-	-	-	16.45M
Supplemental Operating Expense Items
Marketing Expenses	1.77B	920M	704M	724M	913M
Selling and Marketing Expenses	1.77B	920M	704M	724M	913M
Net Rental Expense, Total	12.35M	15.76M	8.09M	6.89M	9.86M
Imputed Operating Lease Interest Expense	7.97M	-	14.02M	5.66M	9.03M
Imputed Operating Lease Depreciation	4.38M	-	-5.93M	1.23M	828K
Maintenance & Repair Expenses, Total	41.69M	29.76M	22.96M	21.5M	29.15M
Stock-Based Comp., SG&A Exp. (Total)	106M	1.19B	117M	91.54M	234M
Total Stock-Based Compensation	106M	1.19B	117M	91.54M	234M

Fiscal Period: March	2021 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	476M	294M	112M	81.57M	175M
Short Term Investments	3.51B	261M	616M	1.36B	928M
Trading Asset Securities, Total	-	60.17M	60.12M	83.65M	312M
Total Cash And Short Term Investments	3.99B	615M	788M	1.53B	1.41B
Accounts Receivable, Total	141M	173M	327M	269M	230M
Other Receivables	168M	400K	170K	30.16M	14.54M
Total Receivables	309M	174M	327M	299M	244M
Inventory	-	39.26M	74.56M	12.68M	27.03M
Prepaid Expenses	77.33M	122M	77.48M	42.72M	237M
Restricted Cash	245M	2.02M	380K	3.91M	200K
Other Current Assets, Total	1.88B	907M	899M	690M	684M
Total Current Assets	6.5B	1.86B	2.17B	2.58B	2.61B
Gross Property Plant And Equipment	1.44B	668M	448M	461M	533M
Accumulated Depreciation	-1.11B	-567M	-250M	-275M	-284M
Net Property Plant And Equipment	324M	101M	198M	186M	249M
Long-term Investments	2.1M	-	-	33.27M	309M
Goodwill	793M	793M	793M	1.97B	1.97B
Other Intangibles, Total	0	80K	10K	421M	364M
Deferred Tax Assets Long-Term	2.09M	21.28M	25.11M	-	34.97M
Other Long-Term Assets, Total	327M	1.01B	934M	344M	224M
Total Assets	7.95B	3.78B	4.12B	5.53B	5.75B
Liabilities
Accounts Payable, Total	1.08B	824M	799M	839M	1.07B
Accrued Expenses, Total	155M	109M	102M	1.12B	146M
Short-term Borrowings	-	-	-	4.54M	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	30.24M	22.55M	40.91M	28.13M	42.24M
Current Income Taxes Payable	-	-	-	12.01M	31.83M
Unearned Revenue Current, Total	208M	177M	144M	121M	133M
Other Current Liabilities	1.15B	953M	852M	1.2B	1.39B
Total Current Liabilities	2.62B	2.09B	1.94B	3.33B	2.81B
Long-Term Leases	54.34M	15.55M	120M	127M	163M
Pension & Other Post Retirement Benefits	89.77M	82.2M	81.47M	85.57M	90.32M
Deferred Tax Liability Non Current	-	-	-	63.07M	88.34M
Other Non Current Liabilities	-	1.31B	3.16B	38.15M	360K
Total Liabilities	2.76B	3.5B	5.3B	3.64B	3.15B
Common Stock, Total	2.46M	397M	397M	397M	451M
Additional Paid In Capital	110B	111B	111B	111B	114B
Retained Earnings	-109B	-115B	-116B	-115B	-115B
Comprehensive Income and Other	4.16B	3.68B	3.78B	4.98B	2.15B
Total Common Equity	5.19B	234M	-1.25B	1.39B	1.02B
Minority Interest	-	53.41M	67.95M	502M	1.58B
Total Equity	5.19B	287M	-1.18B	1.89B	2.6B
Total Liabilities And Equity	7.95B	3.78B	4.12B	5.53B	5.75B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	394M	397M	397M	397M	451M
ECS Total Common Shares Outstanding	394M	397M	397M	397M	451M
Book Value / Share	13.16	0.59	-3.15	3.49	2.26
Tangible Book Value	4.4B	-559M	-2.05B	-1B	-1.31B
Tangible Book Value Per Share	11.15	-1.41	-5.15	-2.52	-2.9
Total Debt	84.58M	38.1M	161M	160M	205M
Net Debt	-3.91B	-576M	-627M	-1.37B	-1.21B
Debt Equivalent of Unfunded Proj. Benefit Obligation	61.42M	168M	162M	46.53M	51.13M
Debt Equivalent Oper. Leases	98.8M	126M	64.72M	55.12M	78.88M
Minority Interest, Total (Incl. Fin. Div)	-	53.41M	67.95M	502M	1.58B
Account Code - Inventory Valuation	3	-	6	6	6
Inventories - Finished Goods, Total	-	39.26M	74.56M	12.68M	27.03M
Machinery, Total	1.36B	621M	274M	292M	304M
Full Time Employees	-	-	-	-	332
Accumulated Allowance for Doubtful Accounts (Supple)	227M	277M	301M	334M	319M

Fiscal Period: March	2021 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	-1.25B	-2.83B	-1.62B	-1.4B	-608M
Depreciation & Amortization - CF	215M	122M	78.27M	112M	60.93M
Amortization of Goodwill and Intangible Assets - (CF)	288M	-	-	-	14.9M
Depreciation & Amortization, Total	503M	122M	78.27M	112M	75.83M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	57.15M
(Gain) Loss From Sale Of Asset	-	-38.02M	9.79M	190K	830K
(Gain) Loss on Sale of Investments - (CF)	15.21M	-200M	-2.6M	-18.86M	-6.3M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	106M	1.19B	117M	91.54M	234M
Provision and Write-off of Bad Debts	-74.59M	194M	3.79M	34.03M	-2.56M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-190M	53.85M	1.12B	865M	107M
Change In Accounts Receivable	-51.09M	-16.63M	-154M	78.81M	42.02M
Change In Inventories	-	-39.26M	-35.3M	-	-14.35M
Change In Accounts Payable	-245M	-713M	-20.93M	-24.48M	215M
Change in Other Net Operating Assets	276M	181M	-47.92M	-10.53M	-118M
Cash from Operations	-915M	-2.09B	-548M	-273M	-17.97M
Capital Expenditure	-122M	-8.69M	-12.93M	-12.13M	-32.52M
Sale of Property, Plant, and Equipment	-	38.02M	4.74M	370K	2.84M
Cash Acquisitions	-	-	-	-672M	-
Divestitures	-	340M	749M	-	-
Sale (Purchase) of Intangible assets	-	-	-	-63.1M	-
Investment in Marketable and Equity Securities, Total	1.13B	1.59B	-346M	-330M	164M
Other Investing Activities, Total	403M	68.92M	27.2M	47.01M	41.99M
Cash from Investing	1.41B	2.03B	423M	-1.03B	176M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-33.36M	-39.24M	-44.66M	-41.45M	-39.83M
Total Debt Repaid	-33.36M	-39.24M	-44.66M	-41.45M	-39.83M
Issuance of Common Stock	-	-	-	-	260K
Repurchase of Common Stock	-	-110K	-	-	-
Other Financing Activities, Total	-7.85M	-4.59M	-11.68M	1.31B	-20.82M
Cash from Financing	-41.21M	-43.94M	-56.34M	1.27B	-60.39M
Net Change in Cash	451M	-106M	-182M	-34.55M	97.66M
Supplemental Items
Cash Interest Paid	7.85M	4.59M	11.68M	16.27M	20.82M
Cash Income Tax Paid (Refund)	-137M	76.51M	20.69M	-	-
Levered Free Cash Flow	-455M	-	-1.12B	844M	-791M
Unlevered Free Cash Flow	-450M	-	-1.1B	854M	-777M
Change In Net Working Capital	-77.24M	-	300M	-1.08B	722M
Net Debt Issued / Repaid	-33.36M	-39.24M	-44.66M	-41.45M	-39.83M

Fiscal Period: March	2021 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	-11.79	-	-24.97	-7.38	-6.89
Return on Total Capital	-17.02	-	282.52	-71.49	-16.09
Return On Equity %	-21.4	-	357.62	-376.27	-20.28
Return on Common Equity	-21.4	-	317.81	-2.66K	-53.22
Margin Analysis
Gross Profit Margin %	57.66	56.06	66.94	58.04	51.06
SG&A Margin	71.88	107.93	60.54	56.24	51.17
EBITDA Margin %	-24.4	-82.32	-40.67	-11.6	-11.68
EBITA Margin %	-28.3	-84.69	-41.55	-14.42	-11.95
EBIT Margin %	-34.39	-84.69	-41.55	-14.42	-12.24
Income From Continuing Operations Margin %	-26.59	-75.87	-42.23	-32.17	-8.92
Net Income Margin %	-26.59	-76.03	-42.61	-35.45	-11.91
Net Avail. For Common Margin %	-26.59	-76.03	-42.61	-35.45	-11.91
Normalized Net Income Margin	-17.07	-51.44	-25.97	-11.05	-9.7
Levered Free Cash Flow Margin	-9.64	-	-29.42	21.36	-15.49
Unlevered Free Cash Flow Margin	-9.54	-	-29.07	21.62	-15.23
Asset Turnover
Asset Turnover	0.55	-	0.96	0.82	0.9
Fixed Assets Turnover	11.1	-	25.41	20.54	23.45
Receivables Turnover (Average Receivables)	41.9	-	15.2	13.26	20.48
Inventory Turnover (Average Inventory)	-	-	22.06	38	125.79
Short Term Liquidity
Current Ratio	2.48	0.89	1.12	0.78	0.93
Quick Ratio	1.64	0.38	0.58	0.55	0.59
Operating Cash Flow to Current Liabilities	-0.35	-1	-0.28	-0.08	-0.01
Days Sales Outstanding (Average Receivables)	8.71	-	24.08	27.52	17.83
Days Outstanding Inventory (Average Inventory)	-	-	16.59	9.61	2.9
Average Days Payable Outstanding	222.68	-	230.18	181.26	139.2
Cash Conversion Cycle (Average Days)	-	-	-189.51	-144.13	-118.47
Long Term Solvency
Total Debt/Equity	1.63	13.26	-13.57	8.48	7.87
Total Debt / Total Capital	1.6	11.71	-15.7	7.82	7.3
LT Debt/Equity	1.05	5.41	-10.11	6.75	6.25
Long-Term Debt / Total Capital	1.03	4.78	-11.7	6.22	5.79
Total Liabilities / Total Assets	34.74	92.41	128.77	65.85	54.74
EBIT / Interest Expense	-206.7	-347.3	-73.29	-34.62	-29.89
EBITDA / Interest Expense	-142.65	-333.88	-69.66	-27.84	-26.26
(EBITDA - Capex) / Interest Expense	-158.14	-334.83	-70.26	-28.58	-27.81
Total Debt / EBITDA	-0.08	-0.01	-0.11	-0.35	-0.37
Net Debt / EBITDA	3.49	0.19	0.42	2.99	2.2
Total Debt / (EBITDA - Capex)	-0.07	-0.01	-0.11	-0.34	-0.35
Net Debt / (EBITDA - Capex)	3.15	0.19	0.41	2.91	2.08
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-44.26	-	2.1	4.02	29.2
Gross Profit, 1 Yr. Growth %	-41.94	-	21.91	-9.81	13.67
EBITDA, 1 Yr. Growth %	-65.23	-	-49.56	24.25	9.73
EBITA, 1 Yr. Growth %	-61.42	-	-49.91	27.45	7.87
EBIT, 1 Yr. Growth %	-54.73	-	-49.91	27.45	9.63
Earnings From Cont. Operations, 1 Yr. Growth %	-54.14	-	-43.17	153.54	-63.97
Net Income, 1 Yr. Growth %	-54.14	-	-42.78	147.04	-56.36
Normalized Net Income, 1 Yr. Growth %	-56.6	-	-48.45	31.93	13.46
Diluted EPS Before Extra, 1 Yr. Growth %	-54.14	-	-42.78	147.96	-56.77
Accounts Receivable, 1 Yr. Growth %	67.85	-	88.7	-17.66	-14.67
Inventory, 1 Yr. Growth %	-	-	89.91	-82.99	113.17
Net Property, Plant and Equip., 1 Yr. Growth %	-38.33	-	96.72	-5.92	33.47
Total Assets, 1 Yr. Growth %	-14.04	-	8.8	34.3	3.08
Tangible Book Value, 1 Yr. Growth %	-20.91	-	265.7	-51.74	16.52
Common Equity, 1 Yr. Growth %	-20.55	-	-635.52	-208.23	-19.2
Cash From Operations, 1 Yr. Growth %	-75.4	-	-73.8	-50.14	-93.43
Capital Expenditures, 1 Yr. Growth %	-51.31	-	48.79	-6.19	168.1
Levered Free Cash Flow, 1 Yr. Growth %	-90.54	-	-	261.98	-186.84
Unlevered Free Cash Flow, 1 Yr. Growth %	-90.63	-	-	246.4	-184.45
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-25.03	-11.2	-	3.05	15.93
Gross Profit, 2 Yr. CAGR %	-24.21	-12.44	-	4.86	1.25
EBITDA, 2 Yr. CAGR %	-31.79	63.08	-	-61.32	20.03
EBITA, 2 Yr. CAGR %	-29.06	53.61	-	-57.47	16.78
EBIT, 2 Yr. CAGR %	-22.39	39.33	-	-57.47	18.2
Earnings From Cont. Operations, 2 Yr. CAGR %	-18.32	49.99	-	-32.9	-5.81
Net Income, 2 Yr. CAGR %	-18.1	50.15	-	-29.63	2.49
Normalized Net Income, 2 Yr. CAGR %	-19.69	54.13	-	-52.24	22.38
Diluted EPS Before Extra, 2 Yr. CAGR %	-33.69	49.58	-	-34.42	2.19
Accounts Receivable, 2 Yr. CAGR %	11.34	10.76	-	24.65	-16.18
Inventory, 2 Yr. CAGR %	-	-	-	-43.17	-39.79
Net Property, Plant and Equip., 2 Yr. CAGR %	-31.16	-44.25	-	36.04	12.05
Total Assets, 2 Yr. CAGR %	-23.52	-31.03	-	20.88	18.38
Tangible Book Value, 2 Yr. CAGR %	-10.85	-64.34	-	33.76	-23.12
Common Equity, 2 Yr. CAGR %	-10.29	-78.78	-	143.44	-15.24
Cash From Operations, 2 Yr. CAGR %	62.26	51.28	-	-63.86	-81.9
Capital Expenditures, 2 Yr. CAGR %	-20.87	-73.26	-	18.15	58.59
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	68.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-23.97	-6.98	-	11.12
Gross Profit, 3 Yr. CAGR %	-	-23.65	-2.23	-	7.72
EBITDA, 3 Yr. CAGR %	-	-2.57	10.29	-	-42.05
EBITA, 3 Yr. CAGR %	-	-3.08	5.73	-	-42.15
EBIT, 3 Yr. CAGR %	-	-4.21	-0.93	-	-41.69
Earnings From Cont. Operations, 3 Yr. CAGR %	-	1.05	8.54	-	-45.57
Net Income, 3 Yr. CAGR %	-	1.12	8.86	-	-40.1
Normalized Net Income, 3 Yr. CAGR %	-	1.03	6.99	-	-36.27
Diluted EPS Before Extra, 3 Yr. CAGR %	-	0.86	8.58	-	-43.03
Accounts Receivable, 3 Yr. CAGR %	-	27.22	32.29	-	9.86
Inventory, 3 Yr. CAGR %	-	-	-	-	-11.7
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-42.34	-15.12	-	35.18
Total Assets, 3 Yr. CAGR %	-	-25.78	-19.71	-	14.99
Tangible Book Value, 3 Yr. CAGR %	-	-53.5	-22.52	-	32.75
Common Equity, 3 Yr. CAGR %	-	-67.05	-37.75	-	63.44
Cash From Operations, 3 Yr. CAGR %	-	-17.42	-15.68	-	-79.53
Capital Expenditures, 3 Yr. CAGR %	-	-67.35	-52.62	-	55.25
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	34.94	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	34.88	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-14.67	-14.14	1.59
Gross Profit, 5 Yr. CAGR %	-	-	-11.7	-13.32	-0.85
EBITDA, 5 Yr. CAGR %	-	-	-8.99	-32.67	-12.34
EBITA, 5 Yr. CAGR %	-	-	-9.87	-30.29	-14.51
EBIT, 5 Yr. CAGR %	-	-	-10.15	-30.78	-17.38
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-3.13	-14.22	-18.36
Net Income, 5 Yr. CAGR %	-	-	-2.85	-12.53	-13.49
Normalized Net Income, 5 Yr. CAGR %	-	-	-4.61	-25.13	-9.27
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-10.86	-15.09	-16.18
Accounts Receivable, 5 Yr. CAGR %	-	-	23.47	26.19	10.22
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-21.94	-18.72	-5.15
Total Assets, 5 Yr. CAGR %	-	-	-21.26	-9.79	-6.27
Tangible Book Value, 5 Yr. CAGR %	-	-	-18.05	-29.04	-21.53
Common Equity, 5 Yr. CAGR %	-	-	-27.95	-26.67	-27.77
Cash From Operations, 5 Yr. CAGR %	-	-	9.56	-40.66	-54.43
Capital Expenditures, 5 Yr. CAGR %	-	-	-41.83	-45.39	-23.18
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-29.4	11.69
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-29.21	11.56