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Avance Technologies

AVANCE NSE
₹0.74 No trade today
P/E
Not meaningful: last twelve months’ earnings are mostly a one-off item
View as Markdown
MCP
Close 4 Nov 2026 ₹0.74 −1.03 −58.2% 1Y
Start ₹1.77

Key Fundamentals

MicrocapIT - SoftwareInformation Technology

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
2.68%
Debt to Equity
0.42
EPS (TTM)
₹0.07
Book Value
₹1.97
Market Cap
—
P/E (TTM)
Not meaningful: last twelve months’ earnings are mostly a one-off item
P/B
0.38
ROE
3.42%
Dividend Yield
0.00%
EBITDA
₹13.30 Cr
52W High
₹2.17
52W Low
₹0.54
Volume
0

Tapetide Score

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

Overall score

41 Weak

Data confidence 98/100

Category scores

Quality
21
Poor
Returns, margins, earnings quality 22% weight
Valuation
46
Average
Cheap vs sector & own history 24% weight
Growth
49
Average
Sales & profit trajectory 9% weight
Financial Health
43
Weak
Solvency, leverage, coverage 9% weight
Momentum
28
Poor
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Stock is trading at 0.30 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 -32.7 days to 102 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish946
OscillatorsBearish342
Moving AveragesStrong Bearish604

Key readings

RSI (14)
51.84
Neutral
MACD (12,26,9)
−0.03
Bullish
SMA (50)
0.78
Bearish
SMA (200)
0.98
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+4.54%
5YIrregular period
3Y+72.46%
1Y−7.56%
TTM+12.43%

Net profit

Net profit growth by window
10YTurned to profit
5YIrregular period
3YZero base
1Y+160.00%
TTM+197.67%

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YIrregular period
3YTurned negative
1YOutflow widened by ₹69 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−0.63 pp
5YIrregular period
3Y−0.63 pp
1Y−3.54 pp
TTM−1.71 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2016₹102 Cr
Mar 2017₹90.00 Cr
Mar 2018₹29.00 Cr
Mar 2023₹31.00 Cr
Mar 2024₹144 Cr
Mar 2025₹172 Cr
Mar 2026₹159 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2016−₹1.00 Cr
Mar 2017₹0.00 Cr
Mar 2018₹0.00 Cr
Mar 2023₹0.00 Cr
Mar 2024₹5.00 Cr
Mar 2025₹5.00 Cr
Mar 2026₹13.00 Cr

Quarterly Results

₹ Cr
512149 quarterly results, ₹ crore
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 (₹)
0
0
0.01
0.01
0.01
0.01
0.01
−0.01
0.01
0
0.01
0.05
0.01

Profit & Loss

₹ Cr
512149 profit and loss, annual, ₹ crore
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 (₹)
−0.01
0
0
0
0.02
0.03
0.07
0.07
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
512149 balance sheet, annual, ₹ crore
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

Cash Flow

₹ Cr
512149 cash flow, annual, ₹ crore
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/EBITDA
−69,125
−670
53
1,278
1,226
−1,290
24,460

Ratios

512149 financial ratios, annual
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
206
Cash Conversion Cycle
−101
−132
−382
−677
−209
−35
99
Working Capital Days
−101
−136
−377
−664
−205
5
102
ROCE %
—
0%
0%
—
1%
2%
3%

Insights

Beta

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

Log in to view Avance Technologies insights

58 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Public 93.16%
  • Others 6.16%
  • Promoters 0.68%

No promoter shares pledged as of 14 Oct 2026

Change since Jun 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
Where is Avance Technologies Ltd (AVANCE) 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 52-week high and low of Avance Technologies Ltd?
Over the last 52 weeks Avance Technologies Ltd has traded between ₹0.54 and ₹2.17 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Avance Technologies Ltd?
Avance Technologies Ltd reported a return on equity of 3.42%. Its debt-to-equity ratio is 0.42.

Company Information

Incorporated in 1985, Avance Technologies Ltd operates in software related products

Website avance.in
Listed 17 Aug 2026
Face Value ₹1

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