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Ace Designers Limited
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Registered Details

ACE DESIGNERS LIMITED

acedesigners.co.in

All Companies ›

Karnataka ›

Manufacturing of Machinery ›

ACE DESIGNERS LIMITED

Active

Updated: 09 Sep 2025

The company manufactures machine tools for turnng, milling, grinding, and automation process.

Ace Designers Limited, is an unlisted public company incorporated on 25 September, 1986. It is classified as a public limited company and is located in , Karnataka. It's authorized share capital is INR 37.40 cr and the total paid-up capital is INR 19.27 cr.

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Industry and products

Manufacturing (Machinery & Equipments)

CNC Chuckers, Foundry, Sliding head automats, Gantry Automation Solutions, CNC Turnmills, CNC Vertical Turning Lathes, CNC Turning centers, CNC lathes, Tooled up Solutions, Automotive parts machining, Center lathes, Robot Automation Solutions, and Conventional lathes

Company size

Auth Capital

₹ 37.4 Cr

Paidup Capital

₹ 19.3 Cr

Revenue

₹ 2000-2250 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

11.91%

₹ 2,223.7

EBITDA

62.42%

₹ 215.0

Net Profit

-38.16%

₹ 143.6

Networth

11.86%

₹ 1,098.1

Borrowings

-44.74%

₹ 63.8

Assets

2.24%

₹ 1,821.1

Gross Margin

3.46

29.4 %

Operating Margin

3.08

9.8 %

Net Profit Margin

-5.22

6.5 %

Return on Equity

-10.58

13.1 %

ROCE

7.96

15.0 %

Debt to Equity

-0.06

0.1

Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (9)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Srinivasan Rangarajan	00043658	24 years
Director	Shuba Rao Mayya	08193276	4 years
Whole-Time Director	Madhavi Chandrasekhara Bharathi	06450819	0 years
Managing Director	Thirumalaimuppur Ramesh	01790388	3 years
Nominee Director	Ajay Hari Tandon	00128667	0 years
Nominee Director	Rahul Badrinarayan Chhaparwal	09093645	0 years
Director	Vishwas Ramadas Puttige	10373427	0 years
Whole-Time Director	Preeti Maria Machado	10422018	0 years
Director	Benne Gopal Rao Dwarakanath	00449073	2 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	481.5	641.7	972.1	1,965.0	2,189.8
Operating profit	8.5	16.7	44.0	132.4	215.0
Net profit	-17.7	-7.9	20.5	232.2	143.6
Gross margin	30.0	24.7	23.9	25.9	29.4
Operating margin	1.8	2.6	4.5	6.7	9.8
Net margin	-3.6	-1.2	2.1	11.7	6.5
Networth	238.3	230.1	251.3	981.7	1,098.1
Borrowings	127.0	89.1	125.4	115.4	63.8
Assets	574.8	651.7	687.2	1,781.2	1,821.1
Debt to equity	0.5	0.4	0.5	0.1	0.1
Current ratio	1.3	1.2	1.1	1.2	1.5
ROE	-7.4	-3.4	8.2	23.6	13.1
Days payable	122.0	148.0	103.0	108.0	91.0
WC days	56.0	32.0	7.0	28.0	47.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	11.9	11.9	11.9	18.4	18.4
Reserves	226.4	218.2	239.5	963.2	1,079.6
Borrowings +	127.0	89.1	125.4	115.4	63.8
Long term borrowings	113.9	84.1	63.3	29.4	21.6
Short term borrowings	13.1	5.0	62.1	86.0	42.1
Trade payables +	112.5	195.6	209.8	429.8	386.2
Days payable	122.0	148.0	103.0	108.0	91.0
Other liabilities +	209.6	332.5	310.5	684.2	659.3
Other non-current liabilities	4.9	4.1	4.4	94.3	93.9
Other current liabilities	92.1	132.8	96.3	160.1	179.2
Total liabilities	574.8	651.7	687.2	1,781.2	1,821.1
Fixed Assets +	247.1	234.0	263.6	811.5	817.6
Tangible assets	222.6	198.7	253.9	686.8	688.7
CWIP	23.6	35.0	9.2	16.6	13.1
Intangible assets	0.9	0.3	0.4	108.1	115.8
LT loans and advances	2.5	2.0	0.1	1.9	1.1
Other non-current assets	33.4	26.6	37.5	141.3	114.0
Current assets +	291.9	389.0	386.1	826.6	888.5
Inventories	186.2	185.2	217.6	446.9	393.6
Trade receivables	40.8	85.1	80.5	183.7	236.8
Cash and cash equivalents	13.8	20.3	17.2	65.7	36.2
ST loans and advances	1.0	0.9	0.5	12.6	15.3
Other current assets	50.1	97.4	70.3	117.8	206.6
Total assets	574.8	651.7	687.2	1,781.2	1,821.1

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2.07	1.82	1.73	1.04	1.01
Reserves	39.38	33.49	34.84	54.08	59.28
Borrowings +	22.1	13.67	18.25	6.48	3.5
Long term borrowings	19.82	12.9	9.21	1.65	1.19
Short term borrowings	2.28	0.77	9.04	4.83	2.31
Trade payables	19.57	30.02	30.53	24.13	21.21
Other liabilities +	36.46	51.02	45.18	38.41	36.2
Other non-current liabilities	0.86	0.62	0.64	5.29	5.15
Other current liabilities	16.03	20.38	14.01	8.99	9.84
Total liabilities
Fixed Assets +	42.98	35.92	38.35	45.56	44.89
Tangible assets	38.72	30.49	36.95	38.56	37.82
CWIP	4.11	5.37	1.33	0.93	0.72
Intangible assets	0.15	0.05	0.06	6.07	6.36
LT loans and advances	0.43	0.31	0.01	0.11	0.06
Other non-current assets	5.8	4.09	5.46	7.93	6.26
Current assets +	50.78	59.69	56.18	46.41	48.79
Inventories	32.39	28.42	31.66	25.09	21.61
Trade receivables	7.1	13.06	11.71	10.31	13.0
Cash and cash equivalents	2.4	3.12	2.5	3.69	1.99
ST loans and advances	0.17	0.14	0.07	0.71	0.84
Other current assets	8.72	14.95	10.23	6.61	11.34
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	11.9	11.9	11.9	18.4	18.4
Reserves	353.7	349.4	388.8	1,038.2	1,155.6
Borrowings +	127.0	89.3	126.6	115.4	69.6
Long term borrowings	113.9	84.1	63.3	29.4	21.1
Short term borrowings	13.1	5.3	63.3	86.0	48.5
Trade payables +	113.7	197.2	215.8	433.8	393.8
Days payable	122.0	148.0	106.0	108.0	92.0
Other liabilities +	213.3	337.1	324.1	694.0	681.3
Other non-current liabilities	5.2	4.1	4.4	93.6	102.3
Other current liabilities	94.4	135.9	103.9	166.6	185.2
Total liabilities	705.9	787.8	851.4	1,867.7	1,926.8
Fixed Assets +	256.9	244.8	274.4	824.0	843.0
Tangible assets	232.4	208.4	263.4	696.7	701.5
CWIP	23.6	35.0	9.2	16.6	13.1
Intangible assets	0.9	1.5	1.8	110.8	128.5
LT loans and advances	2.5	2.0	0.1	0.2	-
Other non-current assets	150.4	151.9	178.1	193.1	177.6
Current assets +	296.0	389.0	398.9	850.4	906.2
Inventories	188.1	187.6	226.2	461.9	412.9
Trade receivables	40.6	84.8	82.3	193.8	236.0
Cash and cash equivalents	14.2	20.5	17.4	68.1	40.6
ST loans and advances	1.0	0.9	-	-	0.6
Other current assets	52.2	95.2	73.0	126.6	216.2
Total assets	705.9	787.8	851.4	1,867.7	1,926.8

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	1.68	1.51	1.4	0.99	0.96
Reserves	50.11	44.36	45.66	55.59	59.98
Borrowings +	17.99	11.34	14.87	6.18	3.61
Long term borrowings	16.14	10.67	7.43	1.57	1.09
Short term borrowings	1.85	0.67	7.44	4.6	2.52
Trade payables	16.1	25.03	25.34	23.23	20.44
Other liabilities +	30.22	42.8	38.07	37.16	35.36
Other non-current liabilities	0.74	0.51	0.52	5.01	5.31
Other current liabilities	13.37	17.25	12.21	8.92	9.61
Total liabilities
Fixed Assets +	36.4	31.08	32.22	44.12	43.75
Tangible assets	32.93	26.45	30.94	37.3	36.41
CWIP	3.35	4.44	1.08	0.89	0.68
Intangible assets	0.12	0.19	0.21	5.93	6.67
LT loans and advances	0.36	0.26	0.01	0.01	0.0
Other non-current assets	21.31	19.28	20.92	10.34	9.22
Current assets +	41.93	49.38	46.85	45.53	47.03
Inventories	26.64	23.81	26.57	24.73	21.43
Trade receivables	5.76	10.77	9.67	10.38	12.25
Cash and cash equivalents	2.01	2.61	2.04	3.65	2.11
ST loans and advances	0.13	0.12	0.0	0.0	0.03
Other current assets	7.39	12.08	8.57	6.78	11.22
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	481.5	641.7	972.1	1,965.0	2,189.8
Sales growth %	-50.22	33.26	51.5	102.14	11.44
Expenses +	515.3	666.7	963.3	1,908.3	2,036.3
Cost of goods	337.1	483.4	740.1	1,455.5	1,546.3
Employee cost	78.1	78.7	103.8	203.0	238.8
Other costs	57.8	62.9	84.2	174.1	189.7
Operating profit +	8.5	16.7	44.0	132.4	215.0
Operating margin %	1.8	2.6	4.5	6.7	9.8
Other income	12.7	9.7	15.8	22.0	33.9
Interest	15.6	14.8	11.0	10.9	11.1
Depreciation	26.8	26.9	24.2	64.7	50.3
Exceptional items	-	-	-	178.6	-
Profit before tax	-21.1	-15.3	24.5	257.3	187.4
Tax	-3.4	-7.4	4.0	25.2	43.8
Profit - disc. ops	-	-	-	-	-
Net profit	-17.7	-7.9	20.5	232.2	143.6
Net margin %	-3.6	-1.2	2.1	11.7	6.5

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	97.44	98.51	98.4	98.89	98.48
Expenses +	104.27	102.35	97.52	96.04	91.57
Cost of goods	68.21	74.21	74.92	73.25	69.54
Employee cost	15.8	12.08	10.51	10.22	10.74
Other costs	11.7	9.66	8.52	8.76	8.53
Operating profit	1.72	2.57	4.45	6.66	9.67
Other income	2.56	1.49	1.6	1.11	1.52
Interest	3.15	2.28	1.12	0.55	0.5
Depreciation	5.41	4.13	2.45	3.26	2.26
Exceptional items	0.0	0.0	0.0	8.99	0.0
Profit before tax	-4.27	-2.35	2.48	12.95	8.43
Tax	-0.69	-1.14	0.4	1.27	1.97
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-3.58	-1.21	2.08	11.68	6.46

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	487.0	644.1	979.9	1,989.6	2,210.9
Sales growth %	-49.74	32.26	52.13	103.04	11.12
Expenses +	522.7	671.3	972.3	1,933.9	2,061.9
Cost of goods	340.8	485.1	745.2	1,472.2	1,559.3
Employee cost	80.4	80.8	106.4	208.4	246.6
Other costs	59.0	63.5	85.2	175.5	192.2
Operating profit +	6.8	14.7	43.1	133.5	212.8
Operating margin %	1.4	2.3	4.4	6.7	9.6
Other income	9.0	8.4	9.2	18.7	26.5
Interest	15.6	14.8	11.1	11.9	12.0
Depreciation	26.9	27.1	24.4	65.9	51.8
Exceptional items	-	-	-	85.5	-
Profit before tax	-26.7	-18.8	16.8	160.3	175.4
Tax	-3.8	-7.9	3.7	24.8	44.5
Profit - disc. ops	-	-	-	-	-
Net profit	-16.8	-4.9	34.5	157.8	146.8
Net margin %	-3.4	-0.8	3.5	7.9	6.6

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	98.19	98.71	99.07	99.07	98.82
Expenses +	105.38	102.88	98.3	96.3	92.16
Cost of goods	68.7	74.34	75.34	73.31	69.69
Employee cost	16.21	12.38	10.76	10.38	11.02
Other costs	11.89	9.73	8.62	8.74	8.59
Operating profit	1.38	2.26	4.36	6.65	9.51
Other income	1.81	1.29	0.93	0.93	1.18
Interest	3.14	2.27	1.12	0.59	0.54
Depreciation	5.43	4.16	2.46	3.28	2.32
Exceptional items	0.0	0.0	0.0	4.26	0.0
Profit before tax	-5.38	-2.88	1.7	7.98	7.84
Tax	-0.76	-1.21	0.38	1.23	1.99
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-3.39	-0.75	3.49	7.86	6.56

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.5	0.4	0.5	0.1	0.1
Net Debt/Equity	0.5	0.3	0.4	0.1	0.0
Total Debt/Assets	0.2	0.1	0.2	0.1	0.0
Total Assets/Equity	2.4	2.8	2.7	1.8	1.7
Liquidity +
Current Ratio	1.3	1.2	1.1	1.2	1.5
Quick Ratio	0.5	0.6	0.5	0.6	0.8
Interest Coverage	0.6	1.1	4.0	12.1	19.4
Performance
Gross Margin	30.0	24.7	23.9	25.9	29.4
Operating Margin	1.8	2.6	4.5	6.7	9.8
Net Margin	-3.6	-1.2	2.1	11.7	6.5
Return +
Return on Equity	-7.4	-3.4	8.2	23.6	13.1
Pre-tax ROCE	-5.7	-3.5	7.0	7.0	15.0
Return on Assets	-3.1	-1.2	3.0	13.0	7.9
Pre-tax ROIC	-5.2	-3.4	5.5	6.6	14.6
Efficiency +
Days Payable	122.0	148.0	103.0	108.0	91.0
Days Inventory	202.0	140.0	107.0	112.0	93.0
Days Receivable	31.0	48.0	30.0	34.0	39.0
Fixed Asset Turnover	1.9	2.7	3.7	2.4	2.7
Total Asset Turnover	0.8	1.0	1.4	1.1	1.2
Working Capital
Cash Conversion Cycle	111.0	40.0	34.0	38.0	41.0
Working Capital Days	56.0	32.0	7.0	28.0	47.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.3	0.2	0.3	0.1	0.1
Net Debt/Equity	0.3	0.2	0.3	0.0	0.0
Total Debt/Assets	0.2	0.1	0.1	0.1	0.0
Total Assets/Equity	1.9	2.2	2.1	1.8	1.6
Liquidity +
Current Ratio	1.3	1.1	1.0	1.2	1.4
Quick Ratio	0.5	0.6	0.5	0.6	0.8
Interest Coverage	0.4	1.0	3.9	11.2	17.7
Performance
Gross Margin	30.0	24.7	24.0	26.0	29.5
Operating Margin	1.4	2.3	4.4	6.7	9.6
Net Margin	-3.4	-0.8	3.5	7.9	6.6
Return +
Return on Equity	-4.6	-1.4	8.6	14.9	12.5
Pre-tax ROCE	-6.1	-4.2	6.5	6.8	14.3
Return on Assets	-2.4	-0.6	4.0	8.4	7.6
Pre-tax ROIC	-4.2	-2.9	3.7	6.1	13.4
Efficiency +
Days Payable	122.0	148.0	106.0	108.0	92.0
Days Inventory	201.0	141.0	111.0	115.0	97.0
Days Receivable	30.0	48.0	31.0	36.0	39.0
Fixed Asset Turnover	1.9	2.6	3.6	2.4	2.6
Total Asset Turnover	0.7	0.8	1.1	1.1	1.1
Working Capital
Cash Conversion Cycle	109.0	41.0	36.0	43.0	44.0
Working Capital Days	56.0	29.0	6.0	30.0	46.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

HDFC Bank Limited

No. of Loans: 2

Total Amount : 79.0 cr

The Federal Bank Limited

No. of Loans: 1

Total Amount : 40.0 cr

The Karnataka Bank Limited

No. of Loans: 1

Total Amount : 38.3 cr

Standard Chartered Bank

No. of Loans: 2

Total Amount : 38.0 cr

Canara Bank

No. of Loans: 1

Total Amount : 21.5 cr

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 15.0 cr

Charge Holder	Amount	Date of creation/modification
The Karnataka Bank Limited	38.3 cr	05 Apr, 2025
Kotak Mahindra Bank Limited	15.0 cr	27 Mar, 2024
HDFC Bank Limited	60.0 cr	12 Jan, 2023
Standard Chartered Bank	30.0 cr	06 May, 2022
HDFC Bank Limited	19.0 cr	25 Mar, 2022
The Federal Bank Limited	40.0 cr	22 Sep, 2021
Canara Bank	21.5 cr	22 May, 2020
Standard Chartered Bank	8.0 cr	01 Aug, 2019

Charges

HDFC Bank Limited

The Federal Bank Limited

The Karnataka Bank Limited

Standard Chartered Bank

Others

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
INDIAN MACHINE TOOL MANUFACTURERS ASSOCIATION	Active	0.0	2	Maharashtra
IMTMA MACHINE TOOL INDUSTRY PARK	Active	0.0	1	Karnataka
RAS TRANSFORMATION TECHNOLOGIES PRIVATE LIMITED	Strike Off	1.0 L	1	Karnataka
BANGALORE INTERNATIONAL EXHIBITION SERVICES PRIVATE LIMITED	Strike Off	1.0 L	1	Karnataka
TTK PRESTIGE LIMITED	Active	13.7 Cr	1	Telangana
MURUGAPPA MORGAN THERMAL CERAMICS LTD	Active	2.9 Cr	1	Tamil Nadu
STERLING ABRASIVES LIMITED	Active	90.0 L	1	Gujarat
FATPIPE NETWORKS PRIVATE LIMITED	Active	13.0 Cr	1	Tamil Nadu
HAMILTON RESEARCH & TECHNOLOGY PRIVATE LIMITED	Active	72.0 L	1	West Bengal
ARJAS STEEL PRIVATE LIMITED	Active	2,402.1 Cr	1
KALYANI FORGE LIMITED	Active	3.6 Cr	1	Maharashtra
TACO COMPOSITES LIMITED	Amalgamated	26.9 Cr	1	Maharashtra
S & S POWER SWITCHGEAR LIMITED	Active	12.3 Cr	1	Tamil Nadu
TITAN MECHATRONICS LIMITED	Active	5.1 L	1	Tamil Nadu
AUTO CNC MACHINING LIMITED	Active	32.6 L	1	Karnataka
ACE MANUFACTURING SYSTEMS LIMITED	Amalgamated	76.4 L	3	Karnataka
TAURUS PRIVATE LIMITED	Active	3.0 Cr	3	Karnataka
ACE MICROMATIC INTERNATIONAL PRIVATE LIMITED	Active	5.0 Cr	2
AMACE SOLUTIONS PRIVATE LIMITED	Active	18.8 Cr	4	Karnataka
MICROMATIC MACHINE TOOLS PRIVATE LTD	Amalgamated	67.6 L	1	Karnataka
ACEMICROMATIC MANUFACTURING INTELLIGENCE TECHNOLOGIES PRIVATE LIMITED	Active	64.5 L	1	Karnataka
LE TRAVENUES TECHNOLOGY LIMITED	Active	37.5 Cr	1	Haryana
CONFIRM TICKET ONLINE SOLUTIONS PRIVATE LIMITED	Amalgamated	13.8 L	1
LE TRAVENUES TECHNOLOGY LIMITED	Active	39.0 Cr	1	Haryana
HAPPIEST MINDS TECHNOLOGIES LIMITED	Active	30.5 Cr	1	Karnataka
STOVE KRAFT LIMITED	Active	33.1 Cr	1	Karnataka
HKR ROADWAYS LIMITED	Active	252.1 Cr	1

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
TAURUS PRIVATE LIMITED	Karnataka	1984	₹ 3.0 Cr
ACE MICROMATIC INTERNATIONAL PRIVATE LIMITED		2019	₹ 5.0 Cr
AMACE SOLUTIONS PRIVATE LIMITED	Karnataka	2018	₹ 18.8 Cr

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Registered Details

CIN

U29199KA1986PLC007816

PAN

AABCA2364F

Incorporation

1986, 39.0 years

Company Email

rajesh_r@acedesigners.co.in

Paid up Capital

₹ 19.3 Cr

Authorised Capital

₹ 37.4 Cr

AGM

Aug 2024

Type

Public

Others

FAQ - ACE DESIGNERS LIMITED

What is the incorporation date of ACE DESIGNERS LIMITED?

The incorporation date of ACE DESIGNERS LIMITED is 25 September, 1986

What is the authorized share capital of ACE DESIGNERS LIMITED?

The authorized share capital of ACE DESIGNERS LIMITED is INR ₹ 37.4 Cr.

What is the paid-up capital of ACE DESIGNERS LIMITED?

The paid-up capital of ACE DESIGNERS LIMITED is INR ₹ 19.3 Cr.

What is the registered address of ACE DESIGNERS LIMITED?

The registered address of ACE DESIGNERS LIMITED is PLOT NO. 7 & 8, II PHASE,PEENYA INDUSTRIAL AREA, BANGALORE, Karnataka, India, 560058 - 560058

What is the CIN number of ACE DESIGNERS LIMITED?

The CIN number of ACE DESIGNERS LIMITED is U29199KA1986PLC007816.

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ACE DESIGNERS LIMITED

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