Avance Technologies Ltd

Avance Technologies Ltd

₹ 0.92 4.55%
02 Jul - close price
About

Incorporated in 1985, Avance Technologies
Ltd operates in software related products[1]

Key Points

Business Overview:[1][2]
ATL does trading of IT products and peripherals. It develops and implements technological solutions as per client's need, and identifies
growth opportunities, analyze market
trends, and devise data-driven strategies
and offers a range of services including
search engine optimization, pay-per-click advertising, content marketing, social media management, conversion rate optimization, marketing automation, etc.

  • Market Cap 182 Cr.
  • Current Price 0.92
  • High / Low 1.09 / 0.52
  • Stock P/E 88.1
  • Book Value 1.89
  • Dividend Yield 0.00 %
  • ROCE 0.75 %
  • ROE 0.55 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.49 times its book value
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 0.68%
  • Company has a low return on equity of 0.41% over last 3 years.
  • Earnings include an other income of Rs.2.18 Cr.
  • Debtor days have increased from 35.0 to 49.4 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
5.46 24.80 1.48 3.67 0.58 2.56 16.05 3.62 47.06 4.23 20.32 20.17 13.21
6.24 24.45 1.44 3.59 0.55 2.38 15.36 3.48 48.37 3.83 18.38 20.25 14.92
Operating Profit -0.78 0.35 0.04 0.08 0.03 0.18 0.69 0.14 -1.31 0.40 1.94 -0.08 -1.71
OPM % -14.29% 1.41% 2.70% 2.18% 5.17% 7.03% 4.30% 3.87% -2.78% 9.46% 9.55% -0.40% -12.94%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.53 0.00 0.00 0.19 1.99
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.78 0.35 0.04 0.08 0.03 0.18 0.69 0.14 1.22 0.40 1.94 0.11 0.23
Tax % 0.00% 0.00% 0.00% 0.00% 333.33% 0.00% 0.00% 0.00% 12.30% 0.00% 0.00% 0.00% 265.22%
-0.78 0.35 0.04 0.08 -0.07 0.18 0.69 0.14 1.07 0.40 1.94 0.11 -0.38
EPS in Rs -0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.00 -0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
88.57 106.55 101.62 89.92 29.22 3.40 0.30 0.04 11.52 30.53 69.29 57.93
88.55 106.67 101.66 89.72 29.03 3.52 0.31 0.15 12.16 30.04 69.59 57.32
Operating Profit 0.02 -0.12 -0.04 0.20 0.19 -0.12 -0.01 -0.11 -0.64 0.49 -0.30 0.61
OPM % 0.02% -0.11% -0.04% 0.22% 0.65% -3.53% -3.33% -275.00% -5.56% 1.60% -0.43% 1.05%
-3.32 -0.97 -1.06 0.01 0.03 0.87 -50.61 -27.46 0.02 0.01 2.53 2.18
Interest 0.00 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.11
Depreciation 0.07 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -3.37 -1.16 -1.10 0.21 0.17 0.75 -50.62 -27.57 -0.62 0.50 2.23 2.68
Tax % 0.00% -3.45% 0.00% 0.00% 29.41% 26.67% 0.00% 0.00% 0.00% 20.00% 6.73% 22.76%
-3.37 -1.12 -1.10 0.21 0.12 0.56 -50.62 -27.57 -0.62 0.41 2.08 2.07
EPS in Rs -0.05 -0.01 -0.01 0.00 0.00 0.00 -0.26 -0.14 -0.00 0.00 0.01 0.01
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -6%
5 Years: 187%
3 Years: 71%
TTM: -16%
Compounded Profit Growth
10 Years: 9%
5 Years: 153%
3 Years: 75%
TTM: 0%
Stock Price CAGR
10 Years: 16%
5 Years: 98%
3 Years: 164%
1 Year: -8%
Return on Equity
10 Years: 0%
5 Years: 0%
3 Years: 0%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 64.04 198.19 198.19 198.19 198.19 198.19 198.19 198.19 198.19 198.19 198.19 198.19
Reserves 123.37 189.33 188.23 188.44 188.43 188.99 99.03 71.46 172.67 173.08 175.16 177.23
201.23 0.00 0.00 0.00 150.04 145.96 145.96 0.00 0.00 0.00 0.00 0.00
91.22 72.31 57.64 61.73 61.65 39.28 31.39 30.64 56.11 63.43 55.69 60.60
Total Liabilities 479.86 459.83 444.06 448.36 598.31 572.42 474.57 300.29 426.97 434.70 429.04 436.02
0.12 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 179.41 197.09 223.92 243.85 244.19 288.26 204.70 202.45 283.52 276.17 241.52 235.03
300.33 262.69 220.14 204.51 354.12 284.16 269.87 97.84 143.45 158.53 187.52 200.99
Total Assets 479.86 459.83 444.06 448.36 598.31 572.42 474.57 300.29 426.97 434.70 429.04 436.02

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0.47 15.67 27.65 20.16 0.00 42.72 -3.16 22.18 18.67 6.16 -5.85 -6.20
3.32 -18.65 -27.89 -19.92 -150.36 -38.65 3.18 2.27 -81.05 7.36 34.65 6.49
0.00 0.00 0.00 0.00 150.04 -4.08 0.00 -24.26 62.17 -13.51 -28.78 0.00
Net Cash Flow 2.85 -2.98 -0.24 0.24 -0.31 -0.01 0.02 0.20 -0.21 0.01 0.02 0.28

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 106.24 40.80 34.34 27.93 137.78 385.40 3,710.83 0.00 76.04 13.75 41.72 49.40
Inventory Days 75.08 66.45 71.23 85.91 257.19 2,165.09 42,919.71 115.84 80.77 0.00 0.00
Days Payable 375.53 248.28 206.95 245.45 776.64 4,207.79 66,472.94 1,706.70 771.43
Cash Conversion Cycle -194.20 -141.03 -101.38 -131.62 -381.66 -1,657.30 -19,842.40 0.00 -1,514.82 -676.91 41.72 49.40
Working Capital Days -193.48 -139.83 -100.68 -136.47 1,497.97 13,948.37 167,011.83 -278,677.50 -1,578.18 -664.48 -250.95 -122.61
ROCE % 0.13% 0.22% 0.03% 0.05% 0.05% 0.14% 0.00% 0.01% -0.19% 0.13% 0.60% 0.75%

Shareholding Pattern

Numbers in percentages

9 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
0.88% 0.88% 0.88% 0.88% 0.88% 0.68% 0.68% 0.68% 0.68% 0.68% 0.68% 0.68%
99.12% 99.11% 99.12% 99.10% 99.12% 99.31% 99.31% 99.32% 99.31% 99.32% 99.30% 99.31%
No. of Shareholders 18,31618,33018,34318,22923,77536,41849,91275,2611,57,5892,70,3593,72,8433,89,916

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