Avance Technologies Ltd

Avance Technologies Ltd

₹ 0.91 -1.09%
26 Apr - 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 180 Cr.
  • Current Price 0.91
  • High / Low 1.71 / 0.13
  • Stock P/E 66.3
  • Book Value 1.88
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.48 times its book value

Cons

  • Promoter holding is low: 0.68%

* 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

Sector: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Dec 2016 Mar 2017 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
21.65 22.18 21.29 24.80 1.48 3.67 0.58 2.56 16.97 19.02
23.47 22.10 21.36 24.45 1.44 3.59 0.55 2.38 16.28 17.10
Operating Profit -1.82 0.08 -0.07 0.35 0.04 0.08 0.03 0.18 0.69 1.92
OPM % -8.41% 0.36% -0.33% 1.41% 2.70% 2.18% 5.17% 7.03% 4.07% 10.09%
0.14 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -1.67 0.08 -0.06 0.35 0.04 0.08 0.03 0.18 0.69 1.92
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 333.33% 0.00% 0.00% 0.00%
-1.67 0.08 -0.06 0.35 0.04 0.08 -0.07 0.18 0.69 1.92
EPS in Rs -0.01 0.00 -0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2023 TTM
101.62 89.92 29.22 30.53 39.13
101.66 89.72 29.03 30.03 36.31
Operating Profit -0.04 0.20 0.19 0.50 2.82
OPM % -0.04% 0.22% 0.65% 1.64% 7.21%
-1.06 0.01 0.03 0.00 0.00
Interest 0.00 0.00 0.05 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00
Profit before tax -1.10 0.21 0.17 0.50 2.82
Tax % 0.00% 0.00% 29.41% 20.00%
-1.10 0.21 0.12 0.41 2.72
EPS in Rs -0.01 0.00 0.00 0.00 0.01
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 1%
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: 26%
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 16%
5 Years: 115%
3 Years: %
1 Year: 600%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2023 Sep 2023
Equity Capital 198.19 198.19 198.19 198.19 198.19
Reserves 188.23 188.44 188.56 173.08 173.95
0.00 0.00 150.04 0.00 0.00
57.64 61.73 61.70 63.43 57.58
Total Liabilities 444.06 448.36 598.49 434.70 429.72
0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 223.92 222.34 222.69 276.16 252.92
220.14 226.02 375.80 158.54 176.80
Total Assets 444.06 448.36 598.49 434.70 429.72

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2023
27.65 -1.34 0.05 6.16
-27.89 1.58 -150.36 7.36
0.00 0.00 150.00 -13.51
Net Cash Flow -0.24 0.24 -0.31 0.01

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2023
Debtor Days 34.34 27.93 137.78 13.75
Inventory Days 71.23 85.91 257.19 80.77
Days Payable 206.95 245.45 776.64 771.43
Cash Conversion Cycle -101.38 -131.62 -381.66 -676.91
Working Capital Days -100.68 -136.47 1,497.35 -191.77
ROCE % 0.05% 0.05%

Shareholding Pattern

Numbers in percentages

38 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
0.88% 0.88% 0.88% 0.88% 0.88% 0.88% 0.88% 0.88% 0.88% 0.68% 0.68% 0.68%
99.12% 99.12% 99.12% 99.12% 99.12% 99.11% 99.12% 99.10% 99.12% 99.31% 99.31% 99.32%
No. of Shareholders 18,36318,35618,34918,33218,31618,33018,34318,22923,77536,41849,91275,261

Documents