Ace Integrated Solutions Limited — financial distress indicators
Financial-health summary
Ace Integrated Solutions Limited's reported numbers place it in the 'Watch' financial-health band (distress score 35/100). The main indicators are revenue collapse, operations consume cash and losses in 2 of the last 3 years. Independently, the Ohlson accounting model puts its 1-year failure probability at 44% and the market-implied (Merton) default probability is 0.0%. In its favour: cash on hand covers all debt (net-cash balance sheet).
Stress by dimension
Share price — last 12 months
Indicators behind the score
Each red flag shows the evidence from the company’s own filings and the financial or legal principle behind it. Points add to the 0–100 score.
Revenue changed -91% year over year.
A >30% sales drop typically breaches leverage covenants and starves fixed-cost coverage.
Operating cash flow negative in 2 of the last 3 years.
A business that cannot fund itself from operations depends on external capital to survive.
Recurring net losses.
Repeated losses are a core input in both Ohlson and Altman failure models.
Operating margin fell from 0% to -211% in two years.
Sharp margin compression signals loss of pricing power or cost control.
Revenue vs net income
Cash generation
Debt vs cash vs equity
✅ Mitigating factors
- Cash on hand covers all debt (net-cash balance sheet).
- Strong current ratio (39.13).
📰 Recent news scan
- ACEINTEG Jun 2026 Earnings: Per-Share Loss of ₹0.2 as Revenue Base Remains Thin - Estimate Revision Count - https://www.siam.in/Google News · 2026-09-29
- Ace Integrated Solutions (ACEINTEG): Business Overview & Outlook - Kalkine IndiaGoogle News · 2026-09-09
- Ace Integrated Solutions Gains 3.4%: Stock Climbs to ₹17.63 on NSE - Strangle Setup - https://www.siam.in/Google News · 2026-09-01
- ACE Integrated Solutions Ltd. Shareholding Pattern – Promoters, FIIs & DIIs - Value ResearchGoogle News · 2026-08-31
- Ace Integrated Solutions Share Price Target 2026 Bull Bear Case Analysis - UnivestGoogle News · 2026-05-13
⚖️ Indian legal pathway — the IBC, 2016
How insolvency starts
- A financial creditor (§7), an operational creditor after a demand notice (§§8–9) or the company itself (§10) can apply to the NCLT once a default of at least ₹1 crore occurs (§4).
- On admission a moratorium (§14) stops suits and recovery; the board is suspended and an insolvency professional runs the company.
- The Committee of Creditors approves a resolution plan with 66% of voting share (§30(4)) within an outer limit of 330 days (§12); otherwise liquidation (§33) under the §53 waterfall — equity ranks last. Defaulting promoters are generally barred from bidding (§29A).
Earlier warning stages
- RBI's Prudential Framework for Resolution of Stressed Assets (7 June 2019): lenders must review a borrower within 30 days of default and implement a resolution plan, or provide more.
- Listed companies must disclose loan defaults to exchanges under SEBI (LODR); a rating downgrade to “D” is a public signal.
- Auditors must report going-concern uncertainty (SA 570 / Ind AS 1).
Frequently asked questions
What do Ace Integrated Solutions Limited's financial-health indicators show?
As of 2026-10-09, Ace Integrated Solutions Limited's public financial data places it in the 'Watch' band with a distress score of 35/100, driven by revenue collapse, operations consume cash and losses in 2 of the last 3 years. This is a statistical screen of reported numbers — it does not mean the company is insolvent, has defaulted or will enter insolvency proceedings.
What is Ace Integrated Solutions Limited's financial distress score?
35/100 ('Watch'). Ohlson O-score -0.22 (model 1-year failure probability 44%). Merton distance-to-default 10.13 σ (model default probability 0.0%).
What works in Ace Integrated Solutions Limited's favour?
Cash on hand covers all debt (net-cash balance sheet). Strong current ratio (39.13).
How are shareholders treated if a company enters insolvency?
Under the IBC the Committee of Creditors controls the resolution; the §53 waterfall pays secured creditors and workers first and equity last. In most resolution plans existing shareholders are wiped out or left with a token stake, and the company may be delisted.
Other Industrials & Capital Goods companies with distress indicators
- Arshiya Limited (ARSHIYA)Very weak 100/100
- Essar Shipping Limited (ESSARSHPNG)Very weak 100/100
- Madhucon Projects Limited (MADHUCON)Very weak 100/100
- Regency Ceramics Limited (REGENCERAM)Very weak 100/100
- Premier Limited (PREMIER)Very weak 99/100
- BGR Energy Systems Limited (BGRENERGY)Very weak 97/100
All Industrials & Capital Goods companies with distress indicators →
Methodology
Score = capped sum of rule-based red flags across seven dimensions (liquidity, solvency, profitability, cash flow, sales trend, market signal, news). Ohlson O-score (1980) gives an accounting-based 1-year failure probability; Merton distance-to-default (Bharath & Shumway 2008) gives a market-implied probability. Financial institutions use a capital-based rule set. Recalculated every trading day from the latest filings, prices and news.