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Avance Technologies

AVANCE NSE
₹0.56 down 0.03 (5.08%)
Market Cap
₹111 Cr
P/E
8.00

Avance Technologies (AVANCE) share price was ₹0.59 at the 28 Oct 2026 close; market capitalisation ₹117 Cr; P/E (TTM) 8.43; sector Information Technology. The share price fell 75.1% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue rose 62.1% year on year to ₹60.65 Cr and net profit rose 52.5% year on year to ₹2.47 Cr (compared with Jun 2025). Promoters held 0.68% of Avance Technologies in Sep 2026, unchanged from Jun 2026. Its Tapetide Score is 41/100 (Weak) as of 28 Oct 2026.

Close 28 Oct 2026 ₹0.59 −1.67 −73.89% 1Y

Key Fundamentals

MicrocapIT - SoftwareInformation Technology
Market Cap
₹111 Cr
P/E (TTM)
8
EBITDA
₹13.30 Cr
Return on Equity
3.36%
Return on Capital Employed
2.46%
Debt to Equity
0.42
Book Value
₹1.99
EPS (TTM)
₹0.07
52W High
₹2.17
52W Low
₹0.55

Price-based figures as of 29 Oct 2026, 11:35 IST · EPS basis: Consolidated · TTM

Peer Comparison

Information Technology › Software Products

Oracle Financial Services Software
₹10,136.0025.8588,267 Cr11.494.03%33.72%43.24%9,338 Cr3,414 Cr
Tanla Platforms
₹625.9515.578,302 Cr3.052.07%20.46%25.19%4,919 Cr532 Cr
CE Info Systems
₹830.5033.004,552 Cr5.030.42%14.81%20.72%551 Cr139 Cr
Capillary Technologies
₹520.7098.064,144 Cr4.050.00%5.12%5.43%855 Cr42 Cr
Mobavenue AI Tech
₹269.9558.942,087 Cr23.030.57%32.41%33.84%248 Cr35 Cr
Ramco Systems
₹534.8548.232,011 Cr5.760.00%11.89%11.90%725 Cr42 Cr
Avance Technologies (this company)
₹0.557.86109 Cr0.280.00%3.36%2.46%196 Cr14 Cr
Median 7 companies₹534.8533.004,144 Cr5.030.42%14.81%20.72%725 Cr42 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 2 companies are not shown because they are not listed on an exchange we cover.

Tapetide Score

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

41 Weak
Overall score

Data confidence 98/100

Category scores

Quality Poor 26
Returns, margins, earnings quality 22% weight
Valuation Average 51
Cheap vs sector & own history 24% weight
Growth Average 49
Sales & profit trajectory 9% weight
Financial Health Weak 43
Solvency, leverage, coverage 9% weight
Momentum Poor 10
Trend strength, vol-adjusted 12% weight
Ownership Average 50
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

Oscillators

Bullish

Bearish
2
Neutral
2
Bullish
5

Overall

Bearish

Bearish
12
Neutral
2
Bullish
5

Moving Averages

Bearish

Bearish
10
Neutral
0
Bullish
0

Growth Rate

Revenue Growth
-0.52% lower than 3Y

change over 1 year

Net Income Growth
149% lower than 3Y

change over 1 year

Cash Flow Change
-103%

change over 1 year

EBITDA Margin Change
82.03%

change over 1 year Operating margin 2.52% · Jun 2026

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 (₹)
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 (₹)
-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/EBITDA
-69,125
-670
53
1,278
1,226
-1,290
24,460
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
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 + investor summaries across FY10–FY27.

Shareholding Pattern

Public93.16%Promot.0.68%Others6.16%As ofSep 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 (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 market capitalisation of Avance Technologies Ltd?
Avance Technologies Ltd has a market capitalisation of ₹110.99 Cr as of 29 Oct 2026, 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 8.00 as of 29 Oct 2026, on earnings per share of ₹0.07, 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 ₹0.55 and ₹2.17 as of 29 Oct 2026.
What is the Return on Equity (ROE) of Avance Technologies Ltd?
Avance Technologies Ltd reported a return on equity of 3.36%. 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
Shares Outstanding 1,98,19,17,430

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