Avance Technologies Ltd
Incorporated in 1985, Avance Technologies
Ltd operates in software related products[1]
- Market Cap ₹ 230 Cr.
- Current Price ₹ 1.16
- High / Low ₹ 3.15 / 0.52
- Stock P/E 153
- Book Value ₹ 1.93
- Dividend Yield 0.00 %
- ROCE 1.81 %
- ROE 1.40 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.60 times its book value
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 0.94% over last 3 years.
- Earnings include an other income of Rs.4.87 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 | 177 | |
| 102 | 90 | 29 | 30 | 142 | 167 | 178 | |
| Operating Profit | -0 | 0 | 0 | 0 | 2 | 5 | -2 |
| OPM % | -0% | 0% | 1% | 2% | 2% | 3% | -1% |
| -1 | 0 | 0 | 0 | 3 | 2 | 5 | |
| 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 | 3 |
| Tax % | 0% | 0% | 29% | 20% | 3% | 28% | |
| -1 | 0 | 0 | 0 | 5 | 5 | 1 | |
| EPS in Rs | -0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | % |
| 3 Years: | 207% |
| 1 Year: | 63% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 198 | 198 | 198 | 198 | 198 | 198 | 198 |
| Reserves | 188 | 188 | 189 | 173 | 178 | 183 | 184 |
| 0 | 0 | 150 | 0 | 0 | 56 | 117 | |
| 58 | 62 | 62 | 63 | 113 | 63 | 65 | |
| Total Liabilities | 444 | 448 | 598 | 435 | 489 | 500 | 564 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 224 | 222 | 223 | 276 | 250 | 235 | 199 |
| 220 | 226 | 376 | 159 | 239 | 265 | 365 | |
| Total Assets | 444 | 448 | 598 | 435 | 489 | 500 | 564 |
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
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Copy of Newspaper Clippings published on 16th February 2026 for the Un-audited Financial Results as on 31st December 2025
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Board Meeting Outcome for Outcome Of Board Meeting For Declaration Of Un-Audited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended On 31St December 2025
13 Feb - Board approved standalone and consolidated unaudited Q3 and nine-month results for period ended 31-Dec-2025; LLR delayed.
-
Un-Audited Financial Results As On 31St December 2025
13 Feb - Approved unaudited Q3 and 9M results (31/12/2025); consolidated Q3 revenue Rs5,044.50 lakhs; LLR delayed
-
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results
5 Feb - Board meeting on 13 Feb 2026 to approve unaudited Q3/9M results; trading window reopens 48 hours after.
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Announcement under Regulation 30 (LODR)-Change in Registered Office Address
4 Feb - Registered office shifted from B-404 Technocity, Mahape to 404 Corporate Annexe, Goregaon (East), Mumbai; effective 04 Feb 2026.
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.