Pace E-Commerce Ventures Ltd (543637)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Pace E-Commerce's revenue was ₹58.0 Cr (+26.1% year on year, +38.1% on the previous half-year), and net profit ₹2.0 Cr (+0.0% year on year); the operating margin was 3.4%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹58.0 | +26.1% | +38.1% |
| Operating profit | ₹2.0 | +0.0% | -33.3% |
| Net profit | ₹2.0 | +0.0% | +0.0% |
| EPS (₹) | 0.70 | -13.6% | -26.3% |
| Operating margin | 3.4% | — | — |
📢 Recent Corporate Announcements
Pace E-Commerce Ventures Limited announced that its Board of Directors approved a proposal to change the company's name on August 22, 2026. The proposed names in order of preference are 'Aarien Enterprises Limited' and 'Aarien Ventures Limited'. The change is subject to approval from the Central Registration Centre (CRC), Ministry of Corporate Affairs, and shareholders via a special resolution.
- Board approved name change proposal on August 22, 2026 (meeting held 12:00 P.M. to 12:55 P.M.)
- First preference name proposed is 'Aarien Enterprises Limited'
- Second preference name proposed is 'Aarien Ventures Limited'
- Requires approval from Central Registration Centre (MCA) and shareholders via Special Resolution
Pace E-Commerce Ventures Limited has appointed Mr. Aditya Gaurangbhai Patel as an Additional Director in the Non-Executive Category, effective August 22, 2026. He brings approximately 5.9 years of experience in talent acquisition and recruitment across global markets including the UK, US, and Australia. His tenure will last until the date of the ensuing Annual General Meeting. The company has a market capitalization of Rs 32 Cr and reported TTM revenue of Rs 172 Cr.
- Appointed Mr. Aditya Gaurangbhai Patel (DIN: 11878623) as Additional Director (Non-Executive Category) effective August 22, 2026
- Appointee holds approximately 5.9 years of professional experience in talent acquisition and recruitment
- Tenure valid up to the date of the upcoming Annual General Meeting
- Board meeting approving the appointment concluded within 55 minutes (12:00 P.M. to 12:55 P.M.)
Pace E-Commerce Ventures Ltd held a Board meeting on August 22, 2026, approving two key corporate proposals. The Board approved the appointment of Mr. Aditya Gaurangbhai Patel (having ~5.9 years of talent acquisition experience) as an Additional Director (Non-Executive). Additionally, the Board proposed rebranding the company by changing its name to 'Aarien Enterprises Limited' or 'Aarien Ventures Limited', subject to approvals from the Central Registration Centre (CRC) and shareholders via special resolution. The meeting concluded at 12:55 P.M. with no immediate financial impact.
- Appointed Mr. Aditya Gaurangbhai Patel as Additional Director (Non-Executive) effective August 22, 2026.
- Proposed change of company name to 'Aarien Enterprises Limited' or 'Aarien Ventures Limited'.
- Appointed director has approximately 5.9 years of experience in talent acquisition and recruitment.
- Board meeting commenced at 12:00 P.M. and concluded at 12:55 P.M. on August 22, 2026.
Pace E-Commerce Ventures (Market Cap: ₹34 Cr) has appointed Mr. Mohit Paragbhai Bhavnagari as an Additional Director (Non-Executive) effective July 30, 2026. Mr. Bhavnagari brings over 10 years of international experience in business strategy and operations, currently serving as a Director at Berndorf Band India. This appointment comes as the company, which reported a TTM revenue of ₹172 Cr, seeks to strengthen its board expertise. His tenure is valid until the upcoming Annual General Meeting.
- Appointment of Mr. Mohit Paragbhai Bhavnagari as Additional Director effective July 30, 2026
- Appointee brings 10+ years of international experience in business strategy and industrial sales
- Company TTM revenue of ₹172 Cr is significantly higher than its ₹34 Cr market cap
- Promoter holding has declined from 61.34% in June 2025 to 50.92% in March 2026
Pace E-Commerce Ventures Ltd has appointed Mr. Mohit Paragbhai Bhavnagari as an Additional Director in the Non-Executive category effective July 30, 2026. The board meeting held to approve this appointment lasted 50 minutes, concluding at 3:50 P.M. This is a routine governance update for the company, which currently has a market capitalization of ₹34 Cr and TTM revenue of ₹172 Cr. The appointment follows a period where promoter holding has decreased from 61.34% in June 2025 to 50.92% in March 2026.
- Appointment of 1 Additional Director (Non-Executive Category) approved on July 30, 2026
- Board meeting duration of 50 minutes (03:00 P.M. to 03:50 P.M.)
- Company TTM revenue stands at ₹172 Cr compared to a market cap of ₹34 Cr
- Promoter holding has declined by approximately 10.4% over the last year
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