Avance Technologies Ltd
Incorporated in 1985, Avance Technologies
Ltd operates in software related products[1]
- Market Cap ₹ 198 Cr.
- Current Price ₹ 1.00
- High / Low ₹ 3.15 / 0.73
- Stock P/E 15.0
- Book Value ₹ 1.99
- Dividend Yield 0.00 %
- ROCE 2.68 %
- ROE 3.42 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.50 times its book value
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 2.05% over last 3 years.
- Earnings include an other income of Rs.13.8 Cr.
- Debtor days have increased from 50.0 to 96.6 days.
- Working capital days have increased from -46.3 days to 180 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 102 | 90 | 29 | 31 | 144 | 172 | 159 | |
| 102 | 90 | 29 | 30 | 142 | 167 | 160 | |
| Operating Profit | -0 | 0 | 0 | 0 | 2 | 5 | -1 |
| OPM % | -0% | 0% | 1% | 2% | 2% | 3% | -0% |
| -1 | 0 | 0 | 0 | 3 | 2 | 14 | |
| 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 | 13 |
| Tax % | 0% | 0% | 29% | 20% | 3% | 28% | 0% |
| -1 | 0 | 0 | 0 | 5 | 5 | 13 | |
| EPS in Rs | -0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | % |
| 3 Years: | 73% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 63% |
| 5 Years: | % |
| 3 Years: | 218% |
| TTM: | 150% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | % |
| 3 Years: | 30% |
| 1 Year: | 27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 198 | 198 | 198 | 198 | 198 | 198 | 198 |
| Reserves | 188 | 188 | 189 | 173 | 178 | 183 | 196 |
| 0 | 0 | 150 | 0 | 0 | 56 | 164 | |
| 58 | 62 | 62 | 63 | 113 | 63 | 91 | |
| Total Liabilities | 444 | 448 | 598 | 435 | 489 | 500 | 649 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 224 | 222 | 223 | 276 | 250 | 235 | 191 |
| 220 | 226 | 376 | 159 | 239 | 265 | 458 | |
| Total Assets | 444 | 448 | 598 | 435 | 489 | 500 | 649 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 28 | -1 | 0 | 6 | 30 | -68 | -137 | |
| -28 | 2 | -150 | 7 | 26 | 18 | 57 | |
| 0 | 0 | 150 | -14 | -42 | 56 | 108 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | 15 | 6 | 28 |
| Free Cash Flow | 26 | -1 | 0 | 6 | 30 | -68 | -137 |
| CFO/OP | -69,125% | -670% | 53% | 1,278% | 1,226% | -1,300% | 26,383% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 28 | 138 | 14 | 31 | 23 | 97 |
| Inventory Days | 71 | 86 | 257 | 81 | 50 | 78 | 208 |
| Days Payable | 207 | 245 | 777 | 771 | 290 | 136 | 102 |
| Cash Conversion Cycle | -101 | -132 | -382 | -677 | -209 | -35 | 203 |
| Working Capital Days | -101 | -136 | -377 | -664 | -205 | -114 | 180 |
| ROCE % | 0% | 0% | 1% | 2% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Board Meetings Count ・Standalone data |
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| Number of Subsidiaries 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.
-
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.