Avance Technologies Ltd
Incorporated in 1985, Avance Technologies
Ltd operates in software related products[1]
- Market Cap ₹ 196 Cr.
- Current Price ₹ 0.99
- High / Low ₹ 3.15 / 0.73
- Stock P/E 15.6
- Book Value ₹ 1.96
- Dividend Yield 0.00 %
- ROCE 3.46 %
- ROE 3.30 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.50 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 263% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 0.68%
- Tax rate seems low
- Company has a low return on equity of 1.48% over last 3 years.
- Earnings include an other income of Rs.13.8 Cr.
- Debtor days have increased from 68.6 to 115 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.
Peer comparison
Information Technology Information Technology IT - Software Software Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 107 | 102 | 90 | 29 | 3 | 0 | 0 | 12 | 31 | 69 | 58 | 101 | |
| 107 | 102 | 90 | 29 | 4 | 0 | 0 | 12 | 30 | 70 | 57 | 102 | |
| Operating Profit | -0 | -0 | 0 | 0 | -0 | -0 | -0 | -1 | 0 | -0 | 1 | -1 |
| OPM % | -0% | -0% | 0% | 1% | -4% | -3% | -275% | -6% | 2% | -0% | 2% | -1% |
| -1 | -1 | 0 | 0 | 1 | -51 | -27 | 0 | 0 | 3 | 2 | 14 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | -1 | 0 | 0 | 1 | -51 | -28 | -1 | 0 | 2 | 3 | 13 |
| Tax % | -3% | 0% | 0% | 29% | 27% | 0% | 0% | 0% | 20% | 7% | 35% | 5% |
| -1 | -1 | 0 | 0 | 1 | -51 | -28 | -1 | 0 | 2 | 2 | 13 | |
| EPS in Rs | -0.01 | -0.01 | 0.00 | 0.00 | 0.00 | -0.26 | -0.14 | -0.00 | 0.00 | 0.01 | 0.01 | 0.06 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 379% |
| 3 Years: | 49% |
| TTM: | 74% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 62% |
| 5 Years: | 263% |
| 3 Years: | 213% |
| TTM: | 508% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | % |
| 3 Years: | 30% |
| 1 Year: | 27% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 198 | 198 | 198 | 198 | 198 | 198 | 198 | 198 | 198 | 198 | 198 | 198 |
| Reserves | 189 | 188 | 188 | 188 | 189 | 99 | 71 | 173 | 173 | 175 | 177 | 190 |
| 0 | 0 | 0 | 150 | 146 | 146 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 72 | 58 | 62 | 62 | 39 | 31 | 31 | 56 | 63 | 56 | 61 | 63 | |
| Total Liabilities | 460 | 444 | 448 | 598 | 572 | 475 | 300 | 427 | 435 | 429 | 436 | 451 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 197 | 224 | 244 | 244 | 288 | 205 | 202 | 284 | 276 | 242 | 235 | 162 |
| 263 | 220 | 205 | 354 | 284 | 270 | 98 | 143 | 159 | 188 | 201 | 288 | |
| Total Assets | 460 | 444 | 448 | 598 | 572 | 475 | 300 | 427 | 435 | 429 | 436 | 451 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 28 | 20 | 0 | 43 | -3 | 22 | 19 | 6 | -6 | -6 | ||
| -19 | -28 | -20 | -150 | -39 | 3 | 2 | -81 | 7 | 35 | 6 | ||
| 0 | 0 | 0 | 150 | -4 | 0 | -24 | 62 | -14 | -29 | 0 | ||
| Net Cash Flow | -3 | -0 | 0 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | |
| Free Cash Flow | 14 | 26 | 20 | 0 | 43 | -3 | 22 | 19 | 6 | -6 | -6 | |
| CFO/OP | -13,058% | -69,125% | 10,080% | 5% | -36,483% | 31,600% | -20,164% | -2,917% | 1,278% | 1,900% | -536% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41 | 34 | 28 | 138 | 385 | 3,711 | 0 | 76 | 14 | 42 | 49 | 115 |
| Inventory Days | 66 | 71 | 86 | 257 | 2,165 | 42,920 | 116 | 81 | 0 | 0 | 0 | |
| Days Payable | 248 | 207 | 245 | 777 | 4,208 | 66,473 | 1,707 | 771 | ||||
| Cash Conversion Cycle | -141 | -101 | -132 | -382 | -1,657 | -19,842 | 0 | -1,515 | -677 | 42 | 49 | 115 |
| Working Capital Days | -140 | -101 | -136 | -376 | -1,721 | -10,573 | -278,678 | -1,578 | -664 | -251 | -331 | 12 |
| ROCE % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -0% | 0% | 1% | 1% | 3% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Number of Board Meetings Count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Publication of Audited Standalone & Consolidated Financial Results for the Quarter and Financial year ended 31st March 2026
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 May - Avance Technologies reported FY26 revenue of ₹15,926 lakhs and net profit of ₹1,324 lakhs on 29 May 2026.
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Audited Financial Results As On 31St March 2026
29 May - Avance Technologies approved audited FY26 results; consolidated revenue ₹159.26 crore and net profit up 150% to ₹13.24 crore.
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Board Meeting Outcome for Audited Financial Results As On 31St March 2026
29 May - Avance Technologies approved audited FY26/Q4 results on 29 May 2026; revenue rose, FY26 net profit up 150%.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Avance filed FY26 secretarial compliance report; BSE fined Rs 2,65,500 for delayed Q3 LRR submission.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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.