Pace E-Commerce Ventures (BSE: PACE) had a P/E of 8.1× on 6 Nov 2026, below the industry P/E of 16.3×, and the shares are 44% below their 52-week high. Sales and net profit grew 52% and 82% a year over 3 years, with ROCE of 8.1% and ROE of 4.8%. Debt is 0.22× equity. It is listed on an SME platform with a market cap of ₹31 Cr, ranked 12th of 13 Internet Retail companies by market cap; the shares fell 35% over the past year.
- ₹14.61
- ₹14.61
- ₹13.50
- ₹14.62
- 28.8K
Health check
- ReturnsIn line
−35.1% over a year, better than 4 of 7 peers.
- Price tagCheaper
P/E 8.1 vs industry 16.3.
- GrowthStrong
Sales +52.2%, profit +82.3% a year over 3 years.
- ProfitabilityWeak
ROCE 8.1% vs peer median -0.2%.
- Balance sheetFair
Debt 0.22× equity, interest covered 3.8×, Piotroski 6 of 9.
- Red flags3 to check
Return on equity is low at 4.8%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹31 Cr
- Small cap
- P/E
- 8.1
- Industry 16.3
- Price to book
- 0.38
- Peers 4.46
- Dividend yield
- 0.00%
- ROE
- 4.8%
- Peers −2.9%
- ROCE
- 8.1%
- Peers −0.2%
- Debt to equity
- 0.22
- Debt ₹17 Cr
- EPS (TTM)
- ₹1.67
- OPM (TTM)
- 3.8%
- Net margin 3.8%
- Sales growth
- +26.9%
- Latest quarter vs a year ago
- Profit growth
- −17.0%
- Latest quarter vs a year ago
- Price to sales
- 0.31
- EV/EBITDA 8.2
Strengths and risks
Strengths
- Quarterly sales up 26.9% on a year ago.
- P/E of 8.1 against an industry P/E of 16.3.
Risks to check
- Return on equity is low at 4.8%.
- Quarterly profit down 17.0% on a year ago.
- 44% below its 52-week high.
About Pace E-Commerce Ventures
Pace E-Commerce Ventures Limited engages in the sale of branded, customized, and personalized products for B2C and B2B customers through digital platforms in India. The company manufactures and trades in apparel and accessories; furniture, furnishings, tableware, serve ware, and décor; occasion and gifting products; sports and outdoor products; custom merchandise, branding collateral, and promotional materials; clothing, toys, furniture, bedding, and…
- Headquarters
- Ahmedabad
- Employees
- 37
- Sector
- Consumer Cyclical
- ISIN
- INE0N1L01018
- Website
- pacevltd.com
Price range
- Avg volume (3M)
- 34.5K
- 1-year return
- minus 35.1%
- From 52-week high
- minus 43.8%
Peers · Internet Retail
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ETERNALEternal | 363.15 | plus 1.35% | 3,34,562 | 685.2 | 10.37 | 2.9% | 1.6% | 2.8% | 97.7% | – | 0.00% | plus 14.3% |
| MEESHOMeesho | 233.48 | minus 0.02% | 1,08,125 | – | 26.26 | −27.0% | −36.5% | −8.4% | 30.1% | – | 0.00% | plus 37.3% |
| NYKAAFSN E-Commerce Ventures | 353.00 | plus 0.77% | 1,01,158 | 315.2 | 61.43 | 24.0% | 20.8% | 8.4% | 24.7% | 117.9% | 0.00% | plus 39.7% |
| SWIGGYSwiggy | 191.17 | plus 0.88% | 50,141 | – | 3.01 | −19.4% | −26.7% | −10.8% | 41.0% | – | 0.00% | minus 54.2% |
| INDIAMARTIndiamart Intermesh | 1,547.10 | minus 1.85% | 9,304 | 18.6 | 4.02 | 20.0% | 22.5% | 32.0% | 16.8% | 18.7% | 1.94% | minus 36.1% |
| FIRSTCRYBrainbees Solutions | 159.61 | minus 2.40% | 7,754 | – | 1.59 | −0.2% | −2.9% | 3.3% | 16.4% | – | 0.00% | minus 53.1% |
| RTNINDIARattanIndia Enterprises | 25.12 | minus 1.87% | 3,469 | – | 4.46 | −11.6% | −31.3% | −0.5% | 22.1% | – | 0.00% | minus 50.5% |
| PACEPace E-Commerce Ventures | 13.59 | minus 7.05% | 31 | 8.1 | 0.38 | 8.1% | 4.8% | 3.8% | 52.2% | 82.3% | 0.00% | minus 35.1% |
| Median of 7 peers | – | −0.02% | 50,141 | 315.2 | 4.46 | −0.2% | −2.9% | 2.8% | 24.7% | 68.3% | 0.00% | −36.1% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +52.2%
- Profit CAGR 3Y
- +82.3%
- ROE
- 4.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 28.4 | 42.8 | 72.1 | 100 | |
| – | +50.9% | +68.5% | +38.7% | |
| 27 | 39.3 | 67.5 | 93.9 | |
| 1.4 | 3.5 | 4.6 | 6.2 | |
| 4.9% | 8.2% | 6.4% | 6.1% | |
| −0.1 | 1.1 | 1.9 | 1.8 | |
| 0.5 | 0.7 | 0.9 | 1.8 | |
| 0 | 0.4 | 1 | 0.8 | |
| −0 | −0.2 | −0.3 | −0.3 | |
| 0.8 | 3.3 | 4.3 | 5 | |
| 18.1% | 27.2% | 23.8% | 24.4% | |
| 0.6 | 2.4 | 3.3 | 3.8 | |
| – | +284.3% | +38.3% | +14.0% | |
| 0.28 | 1.06 | – | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 22.5 | 22.5 | 22.5 | 22.5 | |
| 48 | 50.4 | 53.7 | 57.5 | |
| 3.4 | 4.5 | 11.7 | 17.3 | |
| 1.1 | 6.1 | 6.6 | 4.8 | |
| 75 | 83.6 | 94.6 | 102 | |
| 0.2 | 3.8 | 3.7 | 3 | |
| 30.9 | 20.1 | 21.1 | 20.2 | |
| 0.6 | 0.3 | 0.5 | 0.3 | |
| 43.3 | 59.4 | 69.2 | 78.7 | |
| 75 | 83.6 | 94.6 | 102 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −41.4 | 2.5 | −1.6 | −0.5 | |
| −0.3 | −4.1 | −1 | −0.1 | |
| 42.2 | 1.3 | 2.7 | 0.5 | |
| 0.5 | −0.3 | 0.1 | −0.1 | |
| −0.3 | −4.1 | −1 | −0.1 | |
| −41.7 | 2.5 | −2.6 | −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
Filings & events
News
No recent news coverage found.