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Companies›Information Technology›Information Technology›IT - Software
NSE:AVANCE

AVANCE TECHNOLOGIES LTD.

Information Technology › IT - Software
₹0.62
at close · 27 Oct 2026
▼ 0.01 (-1.59%)

Latest filings

  1. Avance Technologies incorporates wholly owned investment subsidiary · Strategic Transactions
  2. Quarterly dematerialisation certificate filed for Jul-Sep 2026 · Compliance
  3. 42nd AGM voting results filed; all 3 resolutions passed with over 99 percent majority · Board & Shareholder Meetings
All filings ↓
Ask Nexa about AVANCE TECHNOLOGIES LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

A IT - Software company listed on NSE and BSE, reporting revenue of ₹159 Cr over the trailing twelve months.

Market Cap
₹123 Cr
P / E (TTM)
8.9×
EV / EBITDA
21.5×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
2.5%·
ROCE (FY26)
ROE 3.4% · margin 8.4%
Leverage
0.42·
Debt / Equity · low
Net debt ₹164 Cr
Revenue FY24→FY26
1.1×▲
Margin +4.9 pts
₹144 Cr → ₹159 Cr
Cash conversion
-8.00×▼
Operating cash ÷ profit · 3 yrs
₹-187 Cr on ₹23 Cr
Where it sits among 43 Software Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#11/32
P/B#3/38
ROCE#23/40
ROE#21/38
Debt / Equity#34/38
EBITDA margin#11/35
Revenue growth#30/33
Profit growth#3/41

Scorecard

Measured from the filed financials, judged against its Software Products peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Carries more debt than its peers — 0.42× equity
higher than 89% of its 38 Software Products peers
Over 3 years it reported ₹23 Cr of profit and an operating cash outflow of ₹187 Cr — -8.00×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 203 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

AVANCE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from AVANCE TECHNOLOGIES LTD.'s filed financials and exchange disclosures

What does AVANCE TECHNOLOGIES LTD. do?

AVANCE TECHNOLOGIES LTD. is a IT - Software company listed on NSE and BSE, trading under the symbol AVANCE.

Is AVANCE TECHNOLOGIES LTD. profitable?

Yes. Over the trailing twelve months AVANCE TECHNOLOGIES LTD. reported a net profit of ₹13 Cr on revenue of ₹159 Cr.

Does AVANCE TECHNOLOGIES LTD. pay a dividend?

Not in the latest reported year — AVANCE TECHNOLOGIES LTD.'s dividend payout for FY26 was nil.

Is AVANCE TECHNOLOGIES LTD. debt-free?

No. It reported borrowings of ₹164 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹164 Cr after cash. Debt stands at 0.42× equity. That is higher than 89% of its 38 Software Products peers.

Is AVANCE TECHNOLOGIES LTD. expensive compared with its peers?

On trailing P/E, AVANCE TECHNOLOGIES LTD. ranks 11 of 32 in Software Products — cheaper than 68% of them, against an industry median of 18.3×. This is a position, not a valuation judgement.

Where can I track AVANCE TECHNOLOGIES LTD.'s announcements?

Every NSE and BSE filing by AVANCE TECHNOLOGIES LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.