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Avance Technology Overview

Avance Technologies Limited is a digital marketing and mobile data services company that was founded in 1985 as VMC Software Limited and changed its name in 2007. Based in Mumbai, company offers a range of solutions, such as social media marketing, mobile apps marketing, WhatsApp marketing, ecommerce, video creation and marketing, influencer marketing, content and SEO strategy, marketing automation, and performance marketing, to businesses. The company has a market capitalization of Rs. 241 crore, a share price of Rs. 1.22, a Piotroski score of...Read More

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Avance Technology Key Financials

Market Cap ₹200 Cr.

Stock P/E 37.8

P/B 0.5

Current Price ₹1

Book Value ₹ 1.9

Face Value 1

52W High ₹3.2

Dividend Yield 0%

52W Low ₹ 0.6

Avance Technology Share Price

₹ | |

Volume
Price

Avance Technology Quarterly Price

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Avance Technology Peer Comparison

Avance Technology Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 17 19 106 47 44 32 48 37 41 50
Other Income 0 0 3 0 0 0 2 1 1 1
Total Income 17 19 108 47 44 33 50 38 42 50
Total Expenditure 16 17 106 45 41 31 50 37 43 48
Operating Profit 1 2 2 2 3 2 0 2 -1 2
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 2 2 2 3 2 0 2 -1 2
Provision for Tax 0 0 0 0 0 0 2 0 0 0
Profit After Tax 1 2 2 2 3 2 -1 2 -1 2
Adjustments 0 0 0 0 0 -0 0 0 -0 0
Profit After Adjustments 1 2 2 2 3 2 -1 2 -1 2
Adjusted Earnings Per Share 0 0 0 0 0 0 -0 0 -0 0

Avance Technology Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 102 90 29 31 144 172 176
Other Income 0 0 0 0 3 2 5
Total Income 102 90 29 31 147 174 180
Total Expenditure 102 90 29 30 142 167 178
Operating Profit 0 0 0 1 5 7 3
Interest 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0
Exceptional Income / Expenses -1 0 0 0 0 0 0
Profit Before Tax -1 0 0 1 5 7 3
Provision for Tax 0 0 0 0 0 2 2
Profit After Tax -1 0 0 0 5 5 2
Adjustments 0 0 0 0 0 0 0
Profit After Adjustments -1 0 0 0 5 5 2
Adjusted Earnings Per Share -0 0 0 0 0 0 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 19% 81% 11% 0%
Operating Profit CAGR 40% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 60% 97% 121% 13%
ROE Average 1% 1% 1% 0%
ROCE Average 2% 1% 1% 1%

Avance Technology Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 386 387 387 371 376 381
Minority's Interest 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0
Other Non-Current Liabilities -0 -0 -0 -0 -0 -0
Total Current Liabilities 58 62 212 63 113 119
Total Liabilities 444 448 598 435 489 500
Fixed Assets 0 0 0 0 0 0
Other Non-Current Assets 414 419 416 387 403 381
Total Current Assets 30 29 182 47 86 119
Total Assets 444 448 598 435 489 500

Avance Technology Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 15
Cash Flow from Operating Activities 28 -1 0 6 30 -68
Cash Flow from Investing Activities -28 2 -150 7 26 18
Cash Flow from Financing Activities 0 0 150 -14 -42 56
Net Cash Inflow / Outflow -0 0 -0 0 15 6
Closing Cash & Cash Equivalent 0 0 0 0 15 21

Avance Technology Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.01 0 0 0 0.02 0.03
CEPS(Rs) -0.01 0.01 0 0 0.02 0.03
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 1.95 1.95 1.95 0.94 1.9 1.92
Core EBITDA Margin(%) -0.03 0.22 0.56 1.61 1.73 3.01
EBIT Margin(%) -1.07 0.24 0.75 1.65 3.49 4.28
Pre Tax Margin(%) -1.08 0.24 0.58 1.65 3.49 4.28
PAT Margin (%) -1.08 0.24 0.41 1.33 3.38 3.09
Cash Profit Margin (%) -1.08 0.24 0.41 1.33 3.38 3.09
ROA(%) -0.25 0.05 0.02 0.08 1.06 1.07
ROE(%) -0.28 0.05 0.03 0.11 1.31 1.4
ROCE(%) -0.28 0.06 0.05 0.11 1.35 1.81
Receivable days 34.35 33.38 111.86 72.83 16.81 24.32
Inventory Days 71.03 82.9 258.63 160.99 33.06 58.64
Payable days 206.93 239.88 768.78 762.35 226.37 191.48
PER(x) 0 289.54 176.72 68 51.22 22.01
Price/Book(x) 0.16 0.16 0.05 0.07 0.66 0.31
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.6 0.68 5.86 0.44 1.63 0.89
EV/Core EBITDA(x) 567.52 285.84 779.62 26.69 46.68 20.68
Net Sales Growth(%) 0 -11.51 -67.5 4.48 372.59 19.04
EBIT Growth(%) 0 119.57 2.76 128.96 900.86 46.25
PAT Growth(%) 0 119.35 -43.45 238.33 1102.46 8.61
EPS Growth(%) 0 119.35 -43.45 65.16 2360 8.94
Debt/Equity(x) 0 0 0.39 0 0 0.15
Current Ratio(x) 0.53 0.47 0.86 0.75 0.76 1
Quick Ratio(x) 0.19 0.13 0.76 0.64 0.59 0.7
Interest Cover(x) -280.77 356.17 4.35 5028 0 468.77
Total Debt/Mcap(x) 0 0 7.08 0 0 0.48

Avance Technology Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 0.68 0.68 0.68 0.68 0.68 0.68 0.68 0.68 0.68 0.68
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 99.32 99.32 99.32 99.32 99.32 99.32 99.32 99.32 99.32 99.32
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Avance Technology News

Avance Technology Pros & Cons

Pros

  • Stock is trading at 0.5 times its book value
  • Debtor days have improved from 226.37 to 191.48days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 0.68%.
  • Company has a low return on equity of 1% over the last 3 years.
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