Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · PACE E-COMMERCE VENTURES LIMIT · 9 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
PACE E-COMMERCE VENTURES LIMIT
BSE: 543637
BSE: 543637
Consumer Discretionary › Consumer Services › Retailing › E-Retail/ E-Commerce
PACE E-COMMERCE VENTURES LIMIT
StateQ4 FY26 filed
Last close · 8 Oct 2026₹14.89
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA4.8 · 0.42 · 3.6
PACE E-COMMERCE VENTURES LIMIT is a Retailing company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY23–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 28 | 43 | 72 | 100 |
| EBITDA (ex other income) | 1 | 3 | 4 | 6 |
| margin % | 4.6 | 7.6 | 5.9 | 5.6 |
| Owners' profit | 1 | 2 | 3 | 4 |
| EPS, as reported (₹) | 0.03 | 1.06 | 1.47 | 1.67 |
| ROE % · ROCE % | 0.9 · 1.8 | 3.3 · 5.3 | 4.3 · 6.7 | 4.7 · 8.4 |
| Debt / equity (x) | 0.05 | 0.06 | 0.15 | 0.22 |
| Cash from operations | (41) | 2 | (2) | (1) |
| Capex | (0) | (4) | 0 | 0 |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · PACE E-COMMERCE VENTURES LIMIT · 9 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 19 | 13 | 30 | 26 | 46 | 42 | 58 |
| Profit before tax | 1 | 0 | 0 | 3 | 2 | 3 | 3 | 2 |
| Net profit | 1 | 0 | 0 | 2 | 1 | 2 | 2 | 2 |
| EPS (₹) | 0.00 | 0.01 | 0.12 | 0.94 | 0.61 | 0.86 | 0.96 | 0.70 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ETERNAL LIMITED | 2,93,845 | 678.8 | 9.49 | 112.5 | 1.2 | 1.8 | — | 4.8 |
| MEESHO LIMITED | 1,07,197 | — | 24.44 | — | (31.0) | (27.2) | — | (3.0) |
| FSN E COMMERCE VENTURES | 95,197 | 373.4 | 63.38 | 124.8 | 13.6 | 17.8 | — | 8.8 |
| SWIGGY LIMITED | 61,557 | — | 3.36 | — | (22.7) | (20.4) | — | (6.4) |
| URBAN COMPANY LIMITED | 23,775 | — | 11.09 | — | (11.0) | (6.3) | — | (11.4) |
| CARTRADE TECH LIMITED | 13,571 | 58.3 | 5.18 | 39.7 | 9.3 | 10.5 | — | 44.0 |
| BRAINBEES SOLUTIONS LTD | 8,821 | — | 1.65 | 23.1 | (3.8) | (2.4) | — | 4.2 |
| RATTANINDIA ENT LIMITED | 3,453 | — | 4.49 | — | (21.6) | — | 844.9 | 2.2 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.8 | 13.3 | 3 of 10 | 78% |
| P/B | 0.4 | 3.9 | 3 of 12 | 82% |
| ROCE | 6.0 | 1.8 | 4 of 15 | 79% |
| ROE | 4.7 | 1.1 | 4 of 12 | 73% |
| Debt / Equity | 0.2 | 0.0 | 10 of 11 | 10% |
| EBITDA margin | 6.1 | 4.0 | 3 of 12 | 82% |
| Revenue growth | 95.7 | 16.3 | 3 of 13 | 83% |
| Profit growth | (25.5) | 30.7 | 9 of 10 | 11% |
| Market cap | 34 | 2268 | 12 of 16 | 27% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · PACE E-COMMERCE VENTURES LIMIT · 9 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Oct 2026 · Shareholders approve diversification into dairy products business | regulatory legal | medium | — | — |
| 1 Oct 2026 · Non-Executive Director Harshal Gala exits after AGM rotation | management changes | low | — | — |
| 1 Oct 2026 · Non-Executive Director Mohit Bhavnagari regularised at AGM | management changes | medium | — | — |
| 1 Oct 2026 · Mr. Aditya Patel appointed as Non-Executive Director at AGM | management changes | medium | — | — |
| 1 Oct 2026 · 11th AGM held on Sept 29, 2026; 6 resolutions including borrowing limit and MOA changes | board shareholder meetings | low | — | — |
| 1 Oct 2026 · 11th AGM results: all 6 resolutions passed | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Pace E-Commerce Ventures: All 6 resolutions passed at 11th AGM | board shareholder meetings | low | — | — |
| 29 Sept 2026 · 11th AGM held on Sep 29, 2026, six resolutions transacted | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1, 2026 for H1 results | compliance | minimal | — | — |
| 5 Sept 2026 · Book closure for 11th AGM from September 23 to 29, 2026 | corporate actions | low | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in