Avance Technologies Ltd
Incorporated in 1985, Avance Technologies
Ltd operates in software related products[1]
- Market Cap ₹ 186 Cr.
- Current Price ₹ 0.94
- High / Low ₹ 1.71 / 0.58
- Stock P/E 20.9
- Book Value ₹ 1.92
- Dividend Yield 0.00 %
- ROCE 1.35 %
- ROE 1.31 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.49 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 102 | 90 | 29 | 31 | 144 | 216 | |
| 102 | 90 | 29 | 30 | 142 | 209 | |
| Operating Profit | -0 | 0 | 0 | 0 | 2 | 7 |
| OPM % | -0% | 0% | 1% | 2% | 2% | 3% |
| -1 | 0 | 0 | 0 | 3 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | 0 | 0 | 0 | 5 | 9 |
| Tax % | 0% | 0% | 29% | 20% | 3% | |
| -1 | 0 | 0 | 0 | 5 | 9 | |
| EPS in Rs | -0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.04 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 808% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 915% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 116% |
| 3 Years: | % |
| 1 Year: | 67% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 198 | 198 | 198 | 198 | 198 | 198 |
| Reserves | 188 | 188 | 189 | 173 | 178 | 183 |
| 0 | 0 | 150 | 0 | 0 | 52 | |
| 58 | 62 | 62 | 63 | 113 | 66 | |
| Total Liabilities | 444 | 448 | 598 | 435 | 489 | 499 |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 224 | 222 | 223 | 276 | 250 | 241 |
| 220 | 226 | 376 | 159 | 239 | 257 | |
| Total Assets | 444 | 448 | 598 | 435 | 489 | 499 |
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 | -664 | -205 |
| ROCE % | 0% | 0% | 1% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
-
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.
- Standalone And Consolidated Unaudited Financial Results For The Quarter And Half Year Ended On 30Th September 2024. 14 Nov
-
Board Meeting Intimation for Considering And Approving The Standalone And Consolidated Unaudited Financial Statement For The Quarter And Half Year Ended As On 30Th September, 2024.
5 Nov - Board meeting to approve financial results on 14th November.
-
Corporate Announcement - Incorporation Of Wholly Owned Subsidiary
9 Oct - Incorporation of wholly owned subsidiary Avance Platforms Private Limited.
Annual reports
-
Financial Year 2024
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Financial Year 2023
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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
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Financial Year 2016
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Financial Year 2015
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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
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Financial Year 2010
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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.