Avance Technologies Ltd.

NSE: AVANCE · Software Products · sector

₹0.63NSE close 2026-10-26

Key numbers

Market cap₹125 cr

Price₹0.63

52w high / low₹1 / ₹1

P/E9.0xSector median 16.9x

P/B0.3xSector median 1.8x

Book value₹2.0

Dividend yield–Sector median 2.02%

ROE3.6%Sector median 5.3%

ROCE2.5%Sector median 5.3%

OPM0.2%Sector median 8.7%

Debt / equity0.42xSector median 0.00x

EV/EBITDA544.4xSector median 15.0x

Interest cover115.3x

Current ratio2.18x

Sales growth 3y+73.4%Sector median +11.3%

Profit growth 3y+218.4%Sector median +16.1%

PEG0.10x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 47 companies in Software Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹82 cr vs borrowings ₹164 cr (FY26): borrowings are higher by ₹82 cr.
Operating profit covered interest 115.3x in the last 12 months.
Net loss in 2 of the last 6 quarters.
Other income was 98% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹0.63 on 2026-10-26: -33.0% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹3.09 · low ₹0.61

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	48	37	41	50	31	61
EBITDA	-2	1	-2	1	-1	2
OPM %	-3.8%	1.8%	-4.2%	2.3%	-1.7%	2.5%
Other income	2	1	1	1	11	1
Net profit	-1	2	-1	2	10	2
EPS (₹)	0.01	0.01	0.00	0.01	0.05	0.01
Revenue YoY					-36.0%	+62.1%
Profit YoY					–	+52.5%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	12	31	69	172	159	182
EBITDA	-1	0	-0	5	-1	0
Net profit	-1	0	2	5	13	14
EPS (₹)	-0.03	0.01	0.01	0.03	0.07	0.07
Revenue growth		+165.0%	+127.0%	+147.9%	-7.3%	–
Profit growth		–	+407.3%	+154.8%	+149.8%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+73.4%	–	–
Net profit	+218.4%	–	–
EPS	+91.3%	–	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	379	394
Borrowings	57	164
Cash & equivalents	40	82
Total assets	499	649
Fixed assets	0	0
Capital work in progress	0	0
Investments	202	158
Receivables	11	42
Inventory	36	91
Payables	62	44

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-81	-137
Cash from investing	15	57
Cash from financing	59	108
Capex	0	0
Free cash flow	-81	-137

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	1.4%	3.4%
ROCE %	1.6%	2.4%
Debtor days	23	97
Inventory days	78	208
Payable days	136	102
Cash conversion cycle (days)	-35	203
Working capital days	91	292

Peers in Software Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
OFSS	₹86,243 cr	25.3x	11.0x	42.2%	60.3%	50.4%	+10.4%	3.98%
TANLA	₹7,530 cr	14.1x	3.0x	22.4%	27.0%	16.5%	+9.6%	2.13%
MAPMYINDIA	₹4,530 cr	32.9x	5.0x	16.3%	22.3%	35.7%	+19.0%	0.42%
CAPILLARY	₹4,433 cr	80.4x	4.3x	5.1%	5.3%	16.0%	–	–
TECHNVISN	₹2,302 cr	200.6x	153.4x	19.2%	20.1%	2.8%	+167.4%	–
RAMCOSYS	₹1,909 cr	45.7x	5.5x	12.5%	13.4%	18.7%	+12.5%	–
NUCLEUS	₹1,725 cr	16.4x	1.9x	12.2%	14.7%	10.1%	+11.3%	1.91%
BLUECLOUDS	₹1,149 cr	16.4x	1.2x	12.3%	9.1%	15.1%	+225.5%	–
SUBEXLTD	₹969 cr	31.9x	2.8x	9.2%	12.3%	11.9%	+0.0%	–
AVANCE	₹125 cr	9.0x	0.3x	3.6%	2.5%	0.2%	+73.4%	–

All 47 companies in Software Products →

Dividends & corporate actions

Ex-date	Action	Detail
2001-08-10	Dividend	Dividend Rs 1.0

Documents

Links go to the original files on the exchange website.

About the company


Sector	Information Technology
Industry	Software Products
Sub-industry	Software Products
Symbol	AVANCE
BSE code	512149
ISIN	INE758A01072
Face value	₹1.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.