Avance Technologies Ltd
Incorporated in 1985, Avance Technologies
Ltd operates in software related products[1]
- Market Cap ₹ 494 Cr.
- Current Price ₹ 2.49
- High / Low ₹ 2.49 / 0.52
- Stock P/E 104
- Book Value ₹ 1.92
- Dividend Yield 0.00 %
- ROCE 1.81 %
- ROE 1.40 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 0.68%
- Earnings include an other income of Rs.3.15 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 102 | 90 | 29 | 31 | 144 | 172 | 162 | |
| 102 | 90 | 29 | 30 | 142 | 167 | 159 | |
| Operating Profit | -0 | 0 | 0 | 0 | 2 | 5 | 3 |
| OPM % | -0% | 0% | 1% | 2% | 2% | 3% | 2% |
| -1 | 0 | 0 | 0 | 3 | 2 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | 0 | 0 | 0 | 5 | 7 | 6 |
| Tax % | 0% | 0% | 29% | 20% | 3% | 28% | |
| -1 | 0 | 0 | 0 | 5 | 5 | 5 | |
| EPS in Rs | -0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 119% |
| 3 Years: | 268% |
| 1 Year: | 180% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 198 | 198 | 198 | 198 | 198 | 198 |
| Reserves | 188 | 188 | 189 | 173 | 178 | 183 |
| 0 | 0 | 150 | 0 | 0 | 56 | |
| 58 | 62 | 62 | 63 | 113 | 63 | |
| Total Liabilities | 444 | 448 | 598 | 435 | 489 | 500 |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 224 | 222 | 223 | 276 | 250 | 235 |
| 220 | 226 | 376 | 159 | 239 | 265 | |
| Total Assets | 444 | 448 | 598 | 435 | 489 | 500 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 28 | -1 | 0 | 6 | 30 | -68 | |
| -28 | 2 | -150 | 7 | 26 | 18 | |
| 0 | 0 | 150 | -14 | -42 | 56 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | 15 | 6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 34 | 28 | 138 | 14 | 31 | 23 |
| Inventory Days | 71 | 86 | 257 | 81 | 50 | 78 |
| Days Payable | 207 | 245 | 777 | 771 | 290 | 136 |
| Cash Conversion Cycle | -101 | -132 | -382 | -677 | -209 | -35 |
| Working Capital Days | -101 | -136 | -377 | -664 | -205 | -114 |
| ROCE % | 0% | 0% | 1% | 2% |
Documents
Announcements
-
Intimation Of Record Date For 41St Annual General Meeting
9 Sep - Record date 22 Sep 2025 for 41st AGM; e-voting 26–28 Sep 2025.
-
Intimation Of Book Closure For 41St Annual General Meeting
9 Sep - Register closed 23-29 Sep 2025; cut-off date 22 Sep 2025 for 41st AGM voting.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Sep - Newspaper publication for the notice of AGM.
- Reg. 34 (1) Annual Report. 6 Sep
-
Submission Of Notice Of Annual General Meeting For The FY 2024-25.
6 Sep - 41st AGM on 29 Sep 2025; appoint Latesh Poojary Managing Director from 14 Aug 2025.
Annual reports
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Financial Year 2025
from bse
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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
from bse
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.