Ace Men Engg Works share price, P/E, ROE & financials

Ace Men Engg Works (BSE: ACEMEN) had a P/E of 404.2× on 6 Nov 2026, above the industry P/E of 11.5×, and the shares are 18% below their 52-week high. Sales and net profit grew 13% and 83% a year over 3 years, with ROCE of 0.6% and ROE of 0.5%. Debt is 0.19× equity. It is a small-cap company with a market cap of ₹136 Cr, ranked 15th of 22 Other Industrial Metals & Mining companies by market cap; the shares rose 4.3% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹106.00
Day high: ₹106.95
Day low: ₹101.00
Prev. close: ₹103.50
Volume: 47.4K

Health check

2 good · 1 fair · 3 to check

ReturnsAhead
+4.3% over a year, better than 5 of 7 peers.
Price tagPricier
P/E 404.2 vs industry 11.5.
GrowthStrong
Sales +12.8%, profit +82.9% a year over 3 years.
ProfitabilityWeak
ROCE 0.6% vs peer median 27.9%.
Balance sheetFair
Debt 0.19× equity, interest covered 2.4×.
Red flags3 to check
Return on equity is low at 0.5%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Other Industrial Metals & Mining

21 listed peers. Screen the industry

Small cap

₹136 Cr, #15 of 22 in its industry by size.

Defensive

Beta 0.72 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹15 Cr · profit ₹0 Cr

Market cap: ₹136 Cr; Small cap
P/E: 404.2; Industry 11.5
Price to book: 1.01; Peers 5.18
Dividend yield: 0.00%
ROE: 0.5%; Peers 28.4%
ROCE: 0.6%; Peers 27.9%
Debt to equity: 0.19; Debt ₹13 Cr
EPS (TTM): ₹0.26
OPM (TTM): 9.6%; Net margin 2.4%
Sales growth: +8623.5%; Latest quarter vs a year ago
Profit growth: +1372.0%; Latest quarter vs a year ago
Price to sales: 9.06

Strengths

Quarterly profit up 1372.0% on a year ago.
Quarterly sales up 8623.5% on a year ago.

Risks to check

Return on equity is low at 0.5%.
P/E of 404.2 against an industry P/E of 11.5.
Interest coverage of only 1.8×.

Derived automatically from reported figures. Not a recommendation.

About Ace Men Engg Works

Ace Men Engg Works Limited operates in the aviation business. The company was incorporated in 1980 and is based in Ahmedabad, India.

Headquarters: Ahmedabad
Employees: 9
Sector: Basic Materials
ISIN: INE023R01018
Website: acemenengg.com

Price range

52 weeks

₹83.25₹127.95

Today

₹101.00₹106.95

Avg volume (3M): 41.8K
1-year return: plus 4.3%
From 52-week high: minus 17.9%

Peers · Other Industrial Metals & Mining

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
HINDZINCHindustan Zinc	568.10	minus 0.46%	2,40,040	11.5	10.6	62.0%	53.4%	0.22	5.6%	plus 20.6%
VEDLVedanta	261.75	minus 0.78%	1,02,208	9.2	4.0	21.3%	28.7%	1.34	−19.2%	minus 48.1%
CMPDICentral Mine Planning & Design Institute	177.28	minus 3.82%	12,653	18.8	14.4	34.6%	34.2%	0.00	18.7%	plus 15.1%
VOGLVedanta Oil and Gas	30.74	minus 2.26%	12,001	18.0	–	4.1%	7.3%	0.15	161.8%	minus 14.8%
JAINRECJain Resource Recycling	286.50	plus 2.23%	9,887	27.8	19.4	35.5%	4.5%	0.82	45.4%	minus 25.7%
IMFAIndian Metals & Ferro Alloys	1,106.50	minus 2.22%	5,970	10.4	10.2	18.5%	23.8%	0.35	1.9%	minus 8.0%
MOILMOIL	215.71	minus 1.41%	4,389	14.9	8.7	–	20.0%	–	3.2%	minus 39.9%
ACEMENAce Men Engg Works	105.10	plus 1.55%	136	404.2	515.5	0.6%	9.6%	0.19	12.8%	plus 4.3%
Median of 7 peers	–	−1.41%	12,001	14.9	10.4	27.9%	23.8%	0.29	5.6%	−14.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
–	–	2.4	8.5	4
–	–	2.3	8.3	3.7
−0	−0	0.1	0.2	0.3
–	–	3.4%	2.9%	8.5%
0	0	0	0	0.1
0	–	0	0.1	0.1
–	–	0	0	0
0	0	0	0.2	0.3
21.0%	12.3%	32.7%	27.4%	25.7%
0	0	0	0.1	0.2
0.05	0.03	0.03	0.18	0.02

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +12.8%
Profit CAGR 3Y: +82.9%
EPS CAGR 3Y: +40.6%
ROE: 0.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
7.6	–	–	10.9
7.5	–	–	10.6
0	−0.2	−0.1	0.3
0.5%	–	–	2.6%
0	0.4	0.1	0.1
–	0	–	0.2
–	–	–	0
0	0.1	−0	0.2
25.1%	22.7%	–	26.9%
0	0.1	−0	0.2
–	+231.3%	minus 123.4%	–
0.09	0.29	-0.07	0.25

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3.1	3.1	3.1	12.9
0.7	0.8	0.7	53.9
–	–	–	12.6
2.8	0.7	0.5	6
6.6	4.6	4.3	85.5
–	–	–	0.1
–	–	–	0
0	0	0	0.1
6.6	4.5	4.3	85.3
6.6	4.6	4.3	85.5

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0	0	−0	−6
–	–	–	−0
–	–	–	5.9
0	0	−0	−0.2
–	–	–	−0
0	0	−0	−6

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you