Avance Technologies logo

Avance Technologies

AVANCE NSE

Key Fundamentals

MicrocapSoftware ProductsInformation Technology
Market Cap
₹163 Cr
Volatility
Low Risk
P/E Ratio
11.57
EBITDA
₹-0.51 Cr
Return on Equity
1.39%
Debt to Equity
0.42
Book Value
₹1.99
52W High
₹0.94
52W Low
₹0.75

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

2
  • Stock is trading at 0.41 times its book value
  • Company is expected to give good quarter

Weaknesses

7
  • 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

Growth Rate

Revenue Growth
-8.47% lower than 3Y
Net Income Growth
150% lower than 3Y
Cash Flow Change
-322%
ROE
6.92% higher than 3Y
ROCE
44.03%
EBITDA Margin (Avg.)
-107% higher than 3Y

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
2.56
16.97
19.02
106
46.86
44.21
32.38
48.31
37.42
41.4
49.5
30.94
60.65
Expenses
2.38
16.28
17.1
106
44.67
41.48
30.81
50.16
36.75
43.13
48.38
31.48
59.12
Operating Profit
0.18
0.69
1.92
-0.29
2.19
2.73
1.57
-1.85
0.67
-1.73
1.12
-0.54
1.53
OPM %
7.03%
4.07%
10.09%
-0.27%
4.67%
6.18%
4.85%
-3.83%
1.79%
-4.18%
2.26%
-1.75%
2.52%
Other Income
0
0
0
2.53
0
0
0.19
2.01
0.95
0.97
0.94
10.98
0.94
Interest
0
0
0
0
0
0
0.02
0.01
0
0.01
0.04
0.07
0
Depreciation
0
0
0
0
0
0
0
0
0
0.01
0.01
-0.01
0
PBT
0.18
0.69
1.92
2.24
2.19
2.73
1.74
0.15
1.62
-0.78
2.01
10.38
2.47
Tax %
0%
0%
0%
4.46%
0%
0%
0%
1006.67%
0%
0%
0%
0.1%
0%
Net Profit
0.18
0.69
1.92
2.15
2.19
2.73
1.74
-1.36
1.62
-0.77
2.01
10.37
2.47
EPS in Rs
0
0
0.01
0.01
0.01
0.01
0.01
-0.01
0.01
0
0.01
0.05
0.01
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2016Mar 2017Mar 2018Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
102
90
29
31
144
172
159
182
Expenses
102
90
29
30
142
167
160
182
Operating Profit
0
0
0
0
2
5
-1
0
OPM %
0%
0.2%
0.7%
1.6%
1.7%
3%
-0.3%
0.2%
Other Income
-1
0
0
0
3
2
14
14
Interest
0
0
0
0
0
0
0
0
Depreciation
0
0
0
0
0
0
0
0
PBT
-1
0
0
0
5
7
13
14
Tax %
0%
0%
29%
20%
3%
28%
0%
—
Net Profit
-1
0
0
0
5
5
13
14
EPS in Rs
-0.01
0
0
0
0.02
0.03
0.07
0.07
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2016Mar 2017Mar 2018Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
198
198
198
198
198
198
198
Reserves
188
188
189
173
178
183
196
Borrowings
0
0
150
0
0
56
164
Other Liabilities
58
62
62
63
113
63
91
Total Liabilities
444
448
598
435
489
500
649
Fixed Assets
0
0
0
0
0
0
0
CWIP
0
0
0
0
0
0
0
Investments
224
222
223
276
250
235
191
Other Assets
220
226
376
159
239
265
458
Total Assets
444
448
598
435
489
500
649
Figures in ₹ Crores

Cash Flow

Particulars Mar 2016Mar 2017Mar 2018Mar 2023Mar 2024Mar 2025Mar 2026
Operating
28
-1
0
6
30
-68
-137
Investing
-28
2
-150
7
26
18
57
Financing
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
Figures in ₹ Crores

Ratios

Particulars Mar 2016Mar 2017Mar 2018Mar 2023Mar 2024Mar 2025Mar 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

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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58 extracted metrics + investor summaries across FY10–FY26.

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Shareholding Pattern

Public93.05%Promot.0.68%Others6.26%As ofJun 2026

Documents

Frequently Asked Questions about Avance Technologies

What does Avance Technologies Ltd do?
Incorporated in 1985, Avance Technologies Ltd operates in software related products[1]
Where is Avance Technologies Ltd (512149) listed?
Avance Technologies Ltd trades as AVANCE on the NSE and under code 512149 on the BSE.
Which sector does Avance Technologies Ltd belong to?
Avance Technologies Ltd is classified under the Information Technology sector, in the Software Products industry.
What is the market capitalisation of Avance Technologies Ltd?
Avance Technologies Ltd has a market capitalisation of ₹162.52 Cr, which places it in the Small Cap band.
What is the PE ratio of Avance Technologies Ltd?
Avance Technologies Ltd trades at a PE ratio of 11.57, against a book value of ₹1.99 per share.
What is the 52-week high and low of Avance Technologies Ltd?
Over the last 52 weeks Avance Technologies Ltd has traded between ₹0.75 and ₹0.94.
What is the Return on Equity (ROE) of Avance Technologies Ltd?
Avance Technologies Ltd reported a return on equity of 1.39%. Its debt-to-equity ratio is 0.42.

Company Information

Incorporated in 1985, Avance Technologies Ltd operates in software related products[1]

Website avance.in
Listed 2026-08-17
Face Value ₹ 1

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