ACE EduTrend
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ACE EduTrend Ltd's board on Monday approved a rights issue to raise up to ₹50 crore, a move that would sharply expand the equity base of the nano-cap education firm. The board also approved an increase in authorised share capital from ₹10 crore to ₹60 crore to facilitate the issuance. In other decisions, the company appointed Pranshu Poddar as an additional independent director, while Ramanuj Murlinarayan Darak resigned as independent director citing personal reasons. The board adopted the unaudited June quarter financial results, which showed a small profit of ₹0.09 million on revenue of ₹0.30 million, marking a return to profitability after losses in preceding quarters.
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ACE EduTrend Ltd's board on Monday approved a rights issue to raise up to ₹50 crore, a move that would sharply expand the equity base of the nano-cap education firm. The board also approved an increase in authorised share capital from ₹10 crore to ₹60 crore to facilitate the issuance. In other decisions, the company appointed Pranshu Poddar as an additional independent director, while Ramanuj Murlinarayan Darak resigned as independent director citing personal reasons. The board adopted the unaudited June quarter financial results, which showed a small profit of ₹0.09 million on revenue of ₹0.30 million, marking a return to profitability after losses in preceding quarters.
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July 10 (Reuters) - Ace Edutrend Ltd ACEI.BO:
MONENDRA SRIVASTAVA RESIGNS AS MANAGING DIRECTOR AND CFO
Source text: ID:nBSEc3GPKX
Further company coverage: ACEI.BO
(([email protected];;))
July 10 (Reuters) - Ace Edutrend Ltd ACEI.BO:
MONENDRA SRIVASTAVA RESIGNS AS MANAGING DIRECTOR AND CFO
Source text: ID:nBSEc3GPKX
Further company coverage: ACEI.BO
(([email protected];;))
Nov 10 (Reuters) - Ace Edutrend Ltd ACEI.BO:
ACE EDUTREND APPROVED MERGER OF BE-SWASTH HEALTHCARE AND PREMIUM LINKERS IN CO
Source text for Eikon: ID:nBSE5L8nxz
Further company coverage: ACEI.BO
(([email protected];))
Nov 10 (Reuters) - Ace Edutrend Ltd ACEI.BO:
ACE EDUTREND APPROVED MERGER OF BE-SWASTH HEALTHCARE AND PREMIUM LINKERS IN CO
Source text for Eikon: ID:nBSE5L8nxz
Further company coverage: ACEI.BO
(([email protected];))
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What does ACE EduTrend do?
ACE EduTrend Ltd offers project preparation, appraisal, financing, corporate advisory, merchant banking, project consultancy services, and plans to provide underwriting support.
Who are the competitors of ACE EduTrend?
ACE EduTrend major competitors are 52 Weeks Entertain., BMB Music & Magnetic, Purple Agrotech Ind., Khyati MultimediaEnt, Credence Sound, Nouveau Global Vent., Kome-On Communicat.. Market Cap of ACE EduTrend is ₹4 Crs. While the median market cap of its peers are ₹4 Crs.
Is ACE EduTrend financially stable compared to its competitors?
ACE EduTrend seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does ACE EduTrend pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. ACE EduTrend latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has ACE EduTrend allocated its funds?
NA
How strong is ACE EduTrend balance sheet?
ACE EduTrend balance sheet is weak and might have solvency issues
Is the profitablity of ACE EduTrend improving?
The profit is oscillating. The profit of ACE EduTrend is -₹0.16 Crs for Mar 2026, -₹0.66 Crs for Mar 2025 and -₹0.16 Crs for Mar 2024
Is the debt of ACE EduTrend increasing or decreasing?
Yes, The net debt of ACE EduTrend is increasing. Latest net debt of ACE EduTrend is -₹0.01 Crs as of Mar-26. This is greater than Mar-25 when it was -₹0.02 Crs.
Is ACE EduTrend stock expensive?
ACE EduTrend is not expensive. Latest PE of ACE EduTrend is 0, while 3 year average PE is 3.18. Also latest EV/EBITDA of ACE EduTrend is 0.0 while 3yr average is 3.88.
Has the share price of ACE EduTrend grown faster than its competition?
ACE EduTrend has given better returns compared to its competitors. ACE EduTrend has grown at ~22.31% over the last 7yrs while peers have grown at a median rate of -13.0%
Is the promoter bullish about ACE EduTrend?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in ACE EduTrend is 5.01% and last quarter promoter holding is 5.01%.
Are mutual funds buying/selling ACE EduTrend?
There is Insufficient data to gauge this.