Avance Technologies Ltd
₹ 0.89
1.14%
24 Dec
9:09 a.m.
About
Incorporated in 1985, Avance Technologies
Ltd operates in software related products[1]
Key Points
- Market Cap ₹ 176 Cr.
- Current Price ₹ 0.89
- High / Low ₹ 1.71 / 0.76
- Stock P/E 49.7
- Book Value ₹ 1.90
- Dividend Yield 0.00 %
- ROCE 0.60 %
- ROE 0.56 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.46 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 0.68%
- Company has a low return on equity of 0.18% over last 3 years.
- Earnings include an other income of Rs.2.53 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 127.97 | 88.57 | 106.55 | 101.62 | 89.92 | 29.22 | 3.40 | 0.30 | 0.04 | 11.52 | 30.53 | 69.29 | 75.23 | |
| 128.74 | 88.55 | 106.67 | 101.66 | 89.72 | 29.03 | 3.52 | 0.31 | 0.15 | 12.16 | 30.04 | 69.59 | 74.06 | |
| Operating Profit | -0.77 | 0.02 | -0.12 | -0.04 | 0.20 | 0.19 | -0.12 | -0.01 | -0.11 | -0.64 | 0.49 | -0.30 | 1.17 |
| OPM % | -0.60% | 0.02% | -0.11% | -0.04% | 0.22% | 0.65% | -3.53% | -3.33% | -275.00% | -5.56% | 1.60% | -0.43% | 1.56% |
| 0.37 | -3.32 | -0.97 | -1.06 | 0.01 | 0.03 | 0.87 | -50.61 | -27.46 | 0.02 | 0.01 | 2.53 | 2.53 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.07 | 0.07 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -0.47 | -3.37 | -1.16 | -1.10 | 0.21 | 0.17 | 0.75 | -50.62 | -27.57 | -0.62 | 0.50 | 2.23 | 3.70 |
| Tax % | -4.26% | 0.00% | -3.45% | 0.00% | 0.00% | 29.41% | 26.67% | 0.00% | 0.00% | 0.00% | 20.00% | 6.73% | |
| -0.45 | -3.37 | -1.12 | -1.10 | 0.21 | 0.12 | 0.56 | -50.62 | -27.57 | -0.62 | 0.41 | 2.08 | 3.55 | |
| EPS in Rs | -0.01 | -0.05 | -0.01 | -0.01 | 0.00 | 0.00 | 0.00 | -0.26 | -0.14 | -0.00 | 0.00 | 0.01 | 0.02 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 83% |
| 3 Years: | 1101% |
| TTM: | 229% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 30% |
| 3 Years: | 370% |
| TTM: | 303% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 113% |
| 3 Years: | % |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 0% |
| 3 Years: | 0% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 64.04 | 64.04 | 198.19 | 198.19 | 198.19 | 198.19 | 198.19 | 198.19 | 198.19 | 198.19 | 198.19 | 198.19 | 198.19 |
| Reserves | 325.94 | 123.37 | 189.33 | 188.23 | 188.44 | 188.43 | 188.99 | 99.03 | 71.46 | 172.67 | 173.08 | 175.16 | 177.50 |
| 2.03 | 201.23 | 0.00 | 0.00 | 0.00 | 150.04 | 145.96 | 145.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 180.09 | 91.22 | 72.31 | 57.64 | 61.73 | 61.65 | 39.28 | 31.39 | 30.64 | 56.11 | 63.43 | 55.69 | 60.14 | |
| Total Liabilities | 572.10 | 479.86 | 459.83 | 444.06 | 448.36 | 598.31 | 572.42 | 474.57 | 300.29 | 426.97 | 434.70 | 429.04 | 435.83 |
| 0.19 | 0.12 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 182.06 | 179.41 | 197.09 | 223.92 | 243.85 | 244.19 | 288.26 | 204.70 | 202.45 | 283.52 | 276.17 | 241.52 | 241.52 |
| 389.85 | 300.33 | 262.69 | 220.14 | 204.51 | 354.12 | 284.16 | 269.87 | 97.84 | 143.45 | 158.53 | 187.52 | 194.31 | |
| Total Assets | 572.10 | 479.86 | 459.83 | 444.06 | 448.36 | 598.31 | 572.42 | 474.57 | 300.29 | 426.97 | 434.70 | 429.04 | 435.83 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -121.97 | -0.47 | 15.67 | 27.65 | 20.16 | 0.00 | 42.72 | -3.16 | 22.18 | 18.67 | 6.16 | -5.85 | |
| 131.40 | 3.32 | -18.65 | -27.89 | -19.92 | -150.36 | -38.65 | 3.18 | 2.27 | -81.05 | 7.36 | 34.65 | |
| -10.40 | 0.00 | 0.00 | 0.00 | 0.00 | 150.04 | -4.08 | 0.00 | -24.26 | 62.17 | -13.51 | -28.78 | |
| Net Cash Flow | -0.97 | 2.85 | -2.98 | -0.24 | 0.24 | -0.31 | -0.01 | 0.02 | 0.20 | -0.21 | 0.01 | 0.02 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 250.11 | 106.24 | 40.80 | 34.34 | 27.93 | 137.78 | 385.40 | 3,710.83 | 0.00 | 76.04 | 13.75 | 41.72 |
| Inventory Days | 51.48 | 75.08 | 66.45 | 71.23 | 85.91 | 257.19 | 2,165.09 | 42,919.71 | 115.84 | 80.77 | 0.00 | |
| Days Payable | 364.80 | 375.53 | 248.28 | 206.95 | 245.45 | 776.64 | 4,207.79 | 66,472.94 | 1,706.70 | 771.43 | ||
| Cash Conversion Cycle | -63.21 | -194.20 | -141.03 | -101.38 | -131.62 | -381.66 | -1,657.30 | -19,842.40 | 0.00 | -1,514.82 | -676.91 | 41.72 |
| Working Capital Days | -211.15 | -193.48 | -139.83 | -100.68 | -136.47 | 1,497.97 | 13,948.37 | 167,011.83 | -278,677.50 | -1,578.18 | -664.48 | -250.95 |
| ROCE % | -0.08% | 0.13% | 0.22% | 0.03% | 0.05% | 0.05% | 0.14% | 0.00% | 0.01% | -0.19% | 0.13% | 0.60% |
Documents
Announcements
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, 28Th November 2024
28 Nov - Withdrawal of Convertible Warrants and Rights Issue approval.
-
Outcome Of Board Meeting - Approval Of Right Issue By The Board
28 Nov - Withdrawal of Convertible Warrants and Rights Issue approval.
-
Board Meeting Intimation for Meeting Scheduled To Be Held On 28Th November 2024
25 Nov - Board meeting to discuss fund raising and warrants.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Nov
-
Board Meeting Outcome for Standalone And Consolidated Unaudited Financial Results For The Quarter & Half Year Ended On 30Th September 2024.
14 Nov - Board approved standalone and consolidated financial results.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1][2]
ATL does trading of IT products and peripherals. It develops and implements technological solutions as per client's need, and identifies
growth opportunities, analyze market
trends, and devise data-driven strategies
and offers a range of services including
search engine optimization, pay-per-click advertising, content marketing, social media management, conversion rate optimization, marketing automation, etc.