---
title: "Advanta Ltd(Merged) (ADVANTA) — Share Price, Financials & Analysis"
symbol: "ADVANTA"
company: "Advanta Ltd(Merged)"
canonical: "https://tapetide.com/stocks/ADVANTA"
nse_symbol: "ADVANTA"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T18:28:05.313Z"
---

# Advanta Ltd(Merged) (ADVANTA)

Canonical page: https://tapetide.com/stocks/ADVANTA

## Company

- **NSE Symbol:** ADVANTA
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** DELISTED
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** advantaseeds.com

## About

Advanta Limited, incorporated in India, listed on the Bombay Stock Exchange, the company is engaged in a strong presence in crops like corn, canola, sunflower, rice, forages and sorghum.

## Latest Price

## Key Insights

### Strengths

- Company has delivered good profit growth of 25.9% CAGR over last 5 years

### Weaknesses

- Stock is trading at 7.52 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.1% over last 3 years.
- Debtor days have increased from 116 to 142 days.
- Working capital days have increased from 126 days to 178 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 27% | 89% | 26% |
| revenue growth | -9% | 17% | 18% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 337 | 312 | 379 | 300 | 318 | 381 | 486 | 310 | 306 | 308 | 384 | 362 |
| Expenses | 280 | 266 | 326 | 251 | 265 | 310 | 417 | 254 | 252 | 264 | 308 | 306 |
| Operating Profit | 57 | 45 | 54 | 49 | 53 | 72 | 70 | 56 | 54 | 44 | 76 | 56 |
| OPM % | 17 | 14 | 14 | 16 | 17 | 19 | 14 | 18 | 18 | 14 | 20 | 15 |
| Other Income | 1 | -9 | -2 | -1 | -5 | 2 | 2 | 1 | -3 | 45 | 10 | -57 |
| Interest | 17 | 19 | 36 | 13 | 19 | 48 | 40 | 23 | 15 | 29 | 17 | -14 |
| Depreciation | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 12 |
| Profit before tax | 32 | 7 | 6 | 25 | 19 | 16 | 22 | 24 | 25 | 50 | 60 | 1 |
| Tax % | 1 | 74 | 12 | 3 | 21 | -15 | -17 | -10 | 16 | 11 | -1 | 2293 |
| Net Profit | 32 | 2 | 5 | 24 | 15 | 19 | 25 | 26 | 21 | 45 | 61 | -29 |
| EPS in Rs | 18.76 | 0.21 | 0.64 | 2.85 | 1.8 | 2.24 | 3.01 | 2.85 | 2.3 | 4.44 | 5.81 | -2.79 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2006 9m | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 286 | 402 | 584 | 651 | 654 | 949 | 1064 | 1255 | 1513 | 1360 |
| Expenses | 259 | 344 | 510 | 595 | 632 | 817 | 900 | 1068 | 1268 | 1130 |
| Operating Profit | 27 | 58 | 74 | 55 | 22 | 131 | 164 | 187 | 244 | 229 |
| OPM % | 10 | 14 | 13 | 9 | 3.3 | 14 | 15 | 15 | 16 | 17 |
| Other Income | 66 | 55 | 42 | 45 | 39 | 1 | 4 | -9 | -3 | -5 |
| Interest | 26 | 41 | 43 | 62 | 68 | 83 | 68 | 93 | 120 | 46 |
| Depreciation | 5 | 12 | 19 | 22 | 24 | 26 | 32 | 37 | 39 | 41 |
| Profit before tax | 62 | 59 | 55 | 17 | -32 | 24 | 68 | 48 | 82 | 137 |
| Tax % | 20 | 25 | 10 | -51 | -6 | 48 | 12 | 7 | -2 | — |
| Net Profit | 49 | 44 | 49 | 25 | -30 | 12 | 59 | 44 | 84 | 97 |
| EPS in Rs | 58.75 | 26.95 | — | — | -16.24 | 7.27 | 35.12 | 5.28 | 9.9 | 9.76 |
| Dividend Payout % | 2 | 4 | 3 | 6 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 8 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 17 | 102 | 436 | 443 | 494 | 486 | 525 | 550 | 605 | 731 |
| Borrowings | 189 | 448 | 317 | 427 | 471 | 608 | 672 | 605 | 866 | 959 |
| Other Liabilities | 417 | 114 | 201 | 254 | 300 | 250 | 295 | 402 | 572 | 441 |
| Total Liabilities | 629 | 673 | 971 | 1140 | 1282 | 1361 | 1508 | 1573 | 2060 | 2148 |
| Fixed Assets | 384 | 394 | 518 | 640 | 654 | 695 | 723 | 700 | 736 | 706 |
| CWIP | 1 | 1 | 4 | 7 | 11 | 16 | 23 | 30 | 27 | 36 |
| Investments | 2 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 243 | 278 | 449 | 493 | 617 | 651 | 762 | 844 | 1297 | 1406 |
| Total Assets | 629 | 673 | 971 | 1140 | 1282 | 1361 | 1508 | 1573 | 2060 | 2148 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | -188 | -17 | 95 | -6 | 24 | 139 | 166 | -86 | -109 |
| Cash from Investing Activity | — | -5 | -196 | -151 | -13 | -74 | -35 | -45 | -59 | 37 |
| Cash from Financing Activity | — | 299 | 143 | 65 | -10 | 63 | -14 | -119 | 167 | -2 |
| Net Cash Flow | — | 106 | -70 | 10 | -29 | 14 | 90 | 3 | 22 | -75 |
| Free Cash Flow | — | -178 | -158 | 51 | -34 | -45 | 112 | 119 | -157 | -128 |
| CFO/OP | — | -653 | -3 | 176 | 18 | 104 | 113 | 118 | -32 | -31 |

### Ratios

| Item | Mar 2006 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 357 | 48 | 126 | 110 | 114 | 89 | 92 | 86 | 119 | 142 |
| Inventory Days | — | — | 656 | 475 | 505 | 602 | 322 | 322 | 478 | 360 |
| Days Payable | — | — | 231 | 254 | 210 | 257 | 252 | 289 | 393 | 218 |
| Cash Conversion Cycle | 357 | 48 | 551 | 331 | 408 | 434 | 162 | 119 | 204 | 284 |
| Working Capital Days | -1536 | 43 | 162 | 105 | 143 | 162 | 95 | 71 | 128 | 178 |
| ROCE % | — | — | 15 | 12 | 9 | 5 | 9 | 12 | 12 | 13 |

## Shareholding Pattern

### annual

| Category | Jun 2016 |
| --- | --- |
| Promoters | 72.82% |
| FIIs | 17.96% |
| DIIs | 0.7% |
| Public | 8.52% |
| No. of Shareholders | 5290 |

### Quarterly

| Category | Jun 2016 |
| --- | --- |
| Promoters | 72.82% |
| FIIs | 17.96% |
| DIIs | 0.7% |
| Public | 8.52% |
| No. of Shareholders | 5290 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 237.57 | Sell |
| EMA (10) | 237.61 | Sell |
| SMA (20) | 263.23 | Sell |
| EMA (20) | 258.74 | Sell |
| SMA (50) | 303.92 | Sell |
| EMA (50) | 296.67 | Sell |
| SMA (100) | 335.67 | Sell |
| EMA (100) | 333.61 | Sell |
| SMA (200) | 395.85 | Sell |
| EMA (200) | 357.05 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.75 | Neutral |
| MACD (12,26,9) | -26.27 | Sell |
| Stochastic (14,3,3) | 10.32 | Buy |
| ADX (14) | 21.58 | Neutral |
| Williams %R (14) | -78.02 | Neutral |
| ATR (14) | 24.53 | High Volatility |
| ROC (12) | -23.88 | Sell |
| Stoch RSI (14) | 23.86 | Neutral |
| UO (7,14,28) | 38.73 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 7 April 2021 - Soni Soya Products Limitedￂﾠhas informed regarding disclosure under Regulation 31(4) of SEBI SAST Regulations 2011 for financial year ended March 2021 | [Disclosure under SEBI Takeover Regulations 7 April 2021 - Soni Soya Products Limitedￂﾠhas informed regarding disclosure under Regulation 31(4) of SEBI SAST Regulations 2011 for financial year ended March 2021](https://archives.nseindia.com/corporate/SONISOYA_07042021182959_SASTDisclosure31.pdf) |
| 4 July 2024 - Members of the Exchange are hereby informed about the compulsory delisting of equity shares of Soni Soya Products Limited w.e.f. July 05, 2024 As per … | [Delisting 4 July 2024 - Members of the Exchange are hereby informed about the compulsory delisting of equity shares of Soni Soya Products Limited w.e.f. July 05, 2024 As per …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=SONISOYA&tabIndex=sme) |
| 21 July 2021 - Soni Soya Products Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 21 July 2021 - Soni Soya Products Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://archives.nseindia.com/corporate/SONISOYA_21072021151305_Certificate_74_5_.pdf) |
| 15 April 2021 - ￂﾠPromoter/Member of the Promoter Group of the Company has informed regarding disclosure under Regulation 30 and Regulation 31(4) of SEBI SAST Regulations 2011ￂﾠas at March … | [Disclosure under SEBI Takeover Regulations 15 April 2021 - ￂﾠPromoter/Member of the Promoter Group of the Company has informed regarding disclosure under Regulation 30 and Regulation 31(4) of SEBI SAST Regulations 2011ￂﾠas at March …](https://archives.nseindia.com/corporate/SONISOYA_15042021092407_Soni30_14042021060735.zip) |
| 1 July 2024 - Soni Soya Products Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 | [Trading Window 1 July 2024 - Soni Soya Products Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015](https://nsearchives.nseindia.com/corporate/SONISOYA_01072024173856_AnouncementofTradingWindowDisclosure.pdf) |
| — | [Standalone Statement on Impact of Audit Qualifications for the period ended March 31, 2016 30 Jul 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5C42ED36_7645_487C_9559_E2B1E1388FDE_090255.pdf) |
| — | [Standalone Statement on Impact of Audit Qualifications for the period ended March 31, 2016 30 Jul 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/7/5C42ED36_7645_487C_9559_E2B1E1388FDE_090255.pdf) |
| — | [Record Date for Scheme of Amalgamation 26 Jul 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=534417DE_EE5F_49C3_A7E8_F7A364942F24_123353.pdf) |
| — | [Record Date for Scheme of Amalgamation 26 Jul 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/7/534417DE_EE5F_49C3_A7E8_F7A364942F24_123353.pdf) |
| — | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016 22 Jul 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=E3CEC9E0_AFD6_407E_B08E_6894B3B2E874_102645.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_ADVANTA_2010_2010_08042011115657.zip) |
| from nse | [Annual Report 2009 from nse](https://archives.nseindia.com/annual_reports/AR_ADVANTA_2009_2009_18082010121500.zip) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2016/ADVANTA_LTD-532840-DECEMBER-2016.PDF) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532840/5328401214.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532840/5328401213.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/532840/5328401212.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/532840/5328401211.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/532840/5328401210.pdf) |
| from bse | [Annual Report 2009 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2009/ADVANTA_LTD-532840-DECEMBER-2009.PDF) |
| from bse | [Annual Report 2008 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2008/ADVANTA_LTD-532840-DECEMBER-2008.PDF) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:28:05.313Z.