Dashboard
1
Poor Management Efficiency with a low ROE of 0.90%
- The company has been able to generate a Return on Equity (avg) of 0.90% signifying low profitability per unit of shareholders funds
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 50.15 times
3
Stock is technically in a Bearish range
Total Returns (Price + Dividend) 
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-26.74%
0%
-26.74%
1 Year
-45.69%
0%
-45.69%
2 Years
707.69%
0%
707.69%
3 Years
0%
0%
0.0%
4 Years
1185.71%
0%
1185.71%
5 Years
3215.79%
0%
3215.79%
Avance Tech. for the last several years.
Risk Adjusted Returns v/s Sensex 
Returns Beta
Beta has not been calculated since enough price history is not available
Quality key factors 
Factor
Value
Sales Growth (5y)
372.60%
EBIT Growth (5y)
200.00%
EBIT to Interest (avg)
3.14
Debt to EBITDA (avg)
20.61
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.27
Tax Ratio
1.69%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
0.52%
ROE (avg)
0.90%
Valuation key factors
Factor
Value
P/E Ratio
14
Industry P/E
22
Price to Book Value
0.33
EV to EBIT
21.02
EV to EBITDA
21.02
EV to Capital Employed
0.34
EV to Sales
0.57
PEG Ratio
0.03
Dividend Yield
NA
ROCE (Latest)
1.69%
ROE (Latest)
2.34%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
Shareholding Snapshot : Dec 2024
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Srikrishna B (0.68%)
Highest Public shareholder
Anupam Narain Gupta (2.82%)
Individual Investors Holdings
84.75%
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ
Dec'24
Sep'24
Change(%)
Net Sales
32.38
44.21
-26.76%
Operating Profit (PBDIT) excl Other Income
1.57
2.73
-42.49%
Interest
0.02
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.74
2.73
-36.26%
Operating Profit Margin (Excl OI)
4.85%
6.18%
-1.33%
Values in Rs Cr.
Net Sales
QoQ Growth in quarter ended Dec 2024 is -26.76% vs -5.66% in Sep 2024
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2024 is -36.26% vs 24.66% in Sep 2024
Half Yearly Results Snapshot (Consolidated) - Sep'24
Sep'24
Sep'23
Change(%)
Net Sales
91.07
19.52
366.55%
Operating Profit (PBDIT) excl Other Income
4.92
0.87
465.52%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
4.92
0.87
465.52%
Operating Profit Margin (Excl OI)
5.40%
4.46%
0.94%
Values in Rs Cr.
Net Sales
Growth in half year ended Sep 2024 is 366.55% vs -25.72% in Sep 2023
Consolidated Net Profit
Growth in half year ended Sep 2024 is 465.52% vs 123.08% in Sep 2023
Nine Monthly Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
123.45
38.54
220.32%
Operating Profit (PBDIT) excl Other Income
6.49
2.79
132.62%
Interest
0.02
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
6.66
2.79
138.71%
Operating Profit Margin (Excl OI)
5.26%
7.24%
-1.98%
Values in Rs Cr.
Net Sales
YoY Growth in nine months ended Dec 2024 is 220.32% vs 28.68% in Dec 2023
Consolidated Net Profit
YoY Growth in nine months ended Dec 2024 is 138.71% vs 493.62% in Dec 2023
Annual Results Snapshot (Consolidated) - Mar'24
Mar'24
Mar'23
Change(%)
Net Sales
144.29
30.53
372.62%
Operating Profit (PBDIT) excl Other Income
2.50
0.50
400.00%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
4.88
0.41
1,090.24%
Operating Profit Margin (Excl OI)
1.73%
1.64%
0.09%
Values in Rs Cr.
Net Sales
Not Applicable: The company has declared_date for only one period
Consolidated Net Profit
Not Applicable: The company has declared_date for only one period
About Avance Technologies Ltd 
Avance Technologies Ltd
Micro Cap
Trading
Avance Technologies Limited was formerly known as VMC Software Limited in 1985 and the Company name was changed to Avance Technologies Limited in March 2003. The Company operates in software related products. It empowers customers to communicate between varied IT back-end systems and mobile phones using SMS Services. It provides a unique, end-to-end, global carrier-grade mobile data service.
Company Coordinates 
Company Details
7 Aidun Building 5 Th Floor, Near Metro New Marine Lines Mumbai Maharashtra : 400002
Registrar Details
Purva Shareregistry (India) Pvt Ltd , Gala No 9, Shiv Shakti, Industrial Estate,Sitaram Mill Comp., J R Boricha Marg, Lower Parel [E], Mumbai