Avance Technologies Ltd
Avance Technologies Ltd (AVANCE) last reported results for the quarter ended Jun 2026, with sales of ₹60.65 crore and net profit of ₹2.47 crore. The stock last traded at ₹0.78, a market capitalisation of ₹153 crore, on a P/E of 10.8. Over the past 52 weeks the stock has ranged between ₹0.75 and ₹3.09. Figures are as of 9 Oct 2026 and are not real time.
Avance Technologies Ltd share price and key metrics
- Current price
- ₹0.78
- Market cap
- ₹153 cr
- Stock P/E
- 10.8
- Book value
- ₹1.99
- ROE
- 3.42%
- ROCE
- 2.68%
- Dividend yield
- 0.00%
- 52w high / low
- 3.09/0.75
Metrics as of 9 Oct 2026. Not real time.
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Avance Technologies Ltd growth and returns
- 10 Years
- 5%
- 5 Years
- %
- 3 Years
- 73%
- TTM
- 12%
- 10 Years
- 63%
- 5 Years
- %
- 3 Years
- 218%
- TTM
- 198%
- 10 Years
- 10%
- 5 Years
- %
- 3 Years
- 29%
- 1 Year
- -75%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- 2%
- Last Year
- 3%
Avance Technologies Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹60.65 cr, up 62.1% from ₹37.42 cr a year earlier. Net profit was ₹2.47 cr, up 52.5% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 44.21 | 32.38 | 48.31 | 37.42 | 41.4 | 49.5 | 30.94 | 60.65 |
| Expenses | 41.48 | 30.81 | 50.16 | 36.75 | 43.13 | 48.38 | 31.48 | 59.12 |
| Operating profit | 2.73 | 1.57 | -1.85 | 0.67 | -1.73 | 1.12 | -0.54 | 1.53 |
| OPM % | 6.18% | 4.85% | -3.83% | 1.79% | -4.18% | 2.26% | -1.75% | 2.52% |
| Other income | 0 | 0.19 | 2.01 | 0.95 | 0.97 | 0.94 | 10.98 | 0.94 |
| Interest | 0 | 0.02 | 0.01 | 0 | 0.01 | 0.04 | 0.07 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0.01 | 0.01 | -0.01 | 0 |
| Profit before tax | 2.73 | 1.74 | 0.15 | 1.62 | -0.78 | 2.01 | 10.38 | 2.47 |
| Tax % | 0.00% | 0.00% | 1,006.67% | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% |
| Net profit | 2.73 | 1.74 | -1.36 | 1.62 | -0.77 | 2.01 | 10.37 | 2.47 |
| EPS (₹) | 0.01 | 0.01 | -0.01 | 0.01 | -0.00 | 0.01 | 0.05 | 0.01 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Avance Technologies Ltd annual results
| ₹ crore | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 102 | 90 | 29 | 31 | 144 | 172 | 159 | 182 |
| Operating profit | -0 | 0 | 0 | 0 | 2 | 5 | -1 | 0 |
| OPM % | -0.0% | 0.2% | 0.7% | 1.6% | 1.7% | 3.0% | -0.3% | 0.2% |
| Net profit | -1 | 0 | 0 | 0 | 5 | 5 | 13 | 14 |
| EPS (₹) | -0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.07 | 0.07 |
TTM is the trailing twelve months to the most recent quarter.
Avance Technologies Ltd balance sheet
| ₹ crore | 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 |
| 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 |
As reported by the company. Total assets equal total liabilities by construction.
Avance Technologies Ltd cash flow
| ₹ crore | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Cash from operations | 28 | -1 | 0 | 6 | 30 | -68 | -137 |
| Cash from investing | -28 | 2 | -150 | 7 | 26 | 18 | 57 |
| Cash from 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 / operating profit | -69,125% | -670% | 53% | 1,278% | 1,226% | -1,290% | 24,460% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Avance Technologies Ltd operating ratios
| Per year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| ROCE % | — | 0% | 0% | — | 1% | 2% | 3% |
| 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 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Avance Technologies Ltd shareholding pattern
Promoters held 0.68% at Jun 2026, broadly unchanged since Jun 2025.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Public | 99.32% | 99.30% | 99.31% | 99.33% | 99.33% | 99.32% | 99.31% | 99.32% |
| No. of shareholders | 2,70,359 | 3,72,843 | 3,89,916 | 3,83,464 | 4,06,061 | 4,03,074 | 3,95,173 | 3,84,664 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Avance Technologies Ltd corporate filings
- Corporate Governance Update: Avance Technologies Limited submits voting results of 42nd AGM held on September 29, 2026, with all resolutions passing with requisite majoritiesAGM/EGMlow impact
Cruxal's analysis: Avance Technologies Limited has officially submitted the voting results of its 42nd…
Read the full analysis - Avance Technologies Limited conducts 42nd AGM; no immediate financial disclosures or strategic updates providedAGM/EGMlow impact
Cruxal's analysis: Avance Technologies Limited held its 42nd Annual General Meeting on 29th September 2026…
Read the full analysis - Closure of Trading Window for the Quarter and Half Year ending on 30th September, 2026.Insider Trading / SASTlow impact
- Avance Technologies Limited Announces Cut-off Date for 42nd Annual General MeetingCorp. Actionlow impact
Cruxal's analysis: Avance Technologies Limited has formally notified the BSE of the cut-off date of Tuesday…
Read the full analysis - Avance Technologies Limited Announces 42nd Annual General Meeting (AGM) for September 29, 2026Company Updatelow impact
Cruxal's analysis: Avance Technologies Limited has issued a formal notice for its 42nd Annual General…
Read the full analysis - Avance Technologies Ltd submits 42nd Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Avance Technologies Ltd has filed its 42nd Annual Report for the financial year 2025-26…
Read the full analysis - Avance Technologies Limited Announces 42nd Annual General Meeting for FY 2025-26AGM/EGMlow impact
Cruxal's analysis: Avance Technologies Limited has issued the formal notice for its 42nd Annual General…
Read the full analysis - Avance Technologies Ltd announces change in registered office addressCompany Updatelow impact
Cruxal's analysis: Avance Technologies Ltd has formally notified the exchange regarding a change in its…
Read the full analysis - Avance Technologies Limited Announces 42nd AGM and Routine Corporate Re-appointmentsOtherslow impact
Cruxal's analysis: Avance Technologies Limited has announced the convening of its 42nd Annual General…
Read the full analysis - Avance Technologies Limited Announces Successful Passing of Resolutions for Statutory Auditor Appointment and Key Management PersonnelAGM/EGMlow impact
Cruxal's analysis: Avance Technologies Limited has successfully concluded its postal ballot process, with…
Read the full analysis - Avance Technologies Limited reports Q1 FY2027 financial results with marginal profit growthCompany Updatelow impact
Cruxal's analysis: Avance Technologies Limited has released its unaudited standalone and consolidated…
Read the full analysis - Avance Technologies Reports Q1 FY27 Financial Results with Consolidated Net Profit of 2.47 CroreResulthigh impact
Cruxal's analysis: Avance Technologies Limited has released its unaudited financial results for the quarter…
Read the full analysis - Avance Technologies Limited schedules Board Meeting for 11th August 2026 to approve Q1 FY27 financial resultsBoard Meetinglow impact
Cruxal's analysis: Avance Technologies Limited has formally intimated the BSE regarding a Board of Directors…
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