Avance Technologies Ltd

Avance Technologies Ltd

₹ 1.04 4.00%
04 Jul 4:01 p.m.
About

Incorporated in 1985, Avance Technologies
Ltd operates in software related products[1]

Key Points

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.

  • Market Cap 206 Cr.
  • Current Price 1.04
  • High / Low 1.71 / 0.24
  • Stock P/E 42.2
  • Book Value 1.90
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE 1.31 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.55 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 0.68%
  • 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.

Peer comparison

Sector: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Dec 2016 Mar 2017 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
21.65 22.18 21.29 24.80 1.48 3.67 0.58 2.56 16.97 19.02 105.75
23.47 22.10 21.36 24.45 1.44 3.59 0.55 2.38 16.28 17.10 106.04
Operating Profit -1.82 0.08 -0.07 0.35 0.04 0.08 0.03 0.18 0.69 1.92 -0.29
OPM % -8.41% 0.36% -0.33% 1.41% 2.70% 2.18% 5.17% 7.03% 4.07% 10.09% -0.27%
0.14 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.53
Interest -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -1.67 0.08 -0.06 0.35 0.04 0.08 0.03 0.18 0.69 1.92 2.24
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 333.33% 0.00% 0.00% 0.00% 6.70%
-1.67 0.08 -0.06 0.35 0.04 0.08 -0.07 0.18 0.69 1.92 2.09
EPS in Rs -0.01 0.00 -0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.01 0.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
102 90 29 31 144
102 90 29 30 142
Operating Profit -0 0 0 0 2
OPM % -0% 0% 1% 2% 2%
-1 0 0 0 3
Interest 0 0 0 0 0
Depreciation 0 0 0 0 0
Profit before tax -1 0 0 0 5
Tax % 0% 0% 29% 20% 3%
-1 0 0 0 5
EPS in Rs -0.01 0.00 0.00 0.00 0.02
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 373%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 1090%
Stock Price CAGR
10 Years: 18%
5 Years: 120%
3 Years: %
1 Year: 108%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
Equity Capital 198 198 198 198 198
Reserves 188 188 189 173 178
0 0 150 0 0
58 62 62 63 113
Total Liabilities 444 448 598 435 489
0 0 0 0 0
CWIP 0 0 0 0 0
Investments 224 222 223 276 250
220 226 376 159 239
Total Assets 444 448 598 435 489

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
28 -1 0 6 30
-28 2 -150 7 26
0 0 150 -14 -42
Net Cash Flow -0 0 -0 0 15

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
Debtor Days 34 28 138 14 31
Inventory Days 71 86 257 81 50
Days Payable 207 245 777 771 290
Cash Conversion Cycle -101 -132 -382 -677 -209
Working Capital Days -101 -136 1,497 -192 -105
ROCE % 0% 0%

Shareholding Pattern

Numbers in percentages

52 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
0.88% 0.88% 0.88% 0.88% 0.88% 0.88% 0.88% 0.88% 0.88% 0.68% 0.68% 0.68%
99.12% 99.12% 99.12% 99.12% 99.12% 99.11% 99.12% 99.10% 99.12% 99.31% 99.31% 99.32%
No. of Shareholders 18,36318,35618,34918,33218,31618,33018,34318,22923,77536,41849,91275,261

Documents