Advance Multitech Ltd
The short version
A shrinking, profitable business — priced at a steep premium to what it earns.
What Advance Multitech does
Advance Multitech is manufactures, exports, and supplies rubber coated fabrics, and polyurethane coated fabrics, including rubber blankets and conveyor belts.
Worked out from Advance Multitech's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Advance Multitech is a micro-sized company in plastic products - industrial.
Advance Multitech is manufactures, exports, and supplies rubber coated fabrics, and polyurethane coated fabrics, including rubber blankets and conveyor belts.
- Whole company is worth
- ₹72 crore
- Run by
- Rahul Ashokbhai Jain
- Shareholders
- 3,116 people
- Listed since
- 1994
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have shrunk 38% a year for 5 years.
Profit grew even faster, at 171% a year — the business is keeping more of each rupee it brings in.
03Does it make money?
It earns ₹13 a year on every ₹100 its owners have invested.
On the money its owners have put in
It earns ₹13 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Between ₹12 and ₹20 is a respectable return. For comparison, a bank fixed deposit pays roughly ₹6–7.
04Is the price high or low?
You pay ₹80 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 80 means buyers are paying for about 80 years of today's profit up front.
The share price over the past year
It is trading close to its highest price of the past year (₹288.85).
05Who owns it?
Its founders and parent group own 41 of every 100 shares — a large stake, though not a majority.
If the company were split into 100 equal shares, this is who would hold them. 3,116 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, four things worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Has almost no debt — it is not at the mercy of lenders.
Worth watching
- Sales fell 91% in the latest financial year.
- Sales have been shrinking — 38% a year.
- The share price is 80 times a year's profit, so it leans heavily on growth continuing.
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Latest quarter: sales down 100%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹0.0 Cr
▼ 100.0% on a year earlier
Profit
₹4.3 Cr
30 Jun 2026
The company reported a net profit of ₹4 crore in the latest quarter, marking a reversal from a net loss of ₹0 crore in the same quarter a year earlier.
31 Mar 2026
Net profit was ₹3 crore, up from ₹0 crore in the prior year's quarter.
31 Dec 2025
Net profit was ₹0 crore, compared to a loss of ₹1 crore in the same quarter a year earlier.
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This page describes Advance Multitech using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Advance Multitech Ltd (ADVMULT): company summary
The company's business has deteriorated significantly, with annual revenue falling 91.0% year-over-year.
Advance Multitech Ltd (ADVMULT) is a micro-cap Industrial Products company valued at ₹72 crore operating in Plastic Products - Industrial on the NSE and BSE.
- Recent price move
- Advance Multitech Ltd last traded at ₹288.85, sharply up 5.00% on the day.
- Recent developments
- 2026-06-30: The company reported a net profit of ₹4 crore in the latest quarter, marking a reversal from a net loss of ₹0 crore in the same quarter a year earlier. 2026-03-31: Net profit was ₹3 crore, up from ₹0 crore in the prior year's quarter. 2025-12-31: Net profit was ₹0 crore, compared to a loss of ₹1 crore in the same quarter a year earlier.
- Financial performance
- The company's business has deteriorated significantly, with annual revenue falling 91.0% year-over-year. However, net profit surged 305.6% in the same period, driven by a sharp improvement in margins. The latest quarter shows a dramatic turnaround, with net profit jumping to ₹4 crore from a net loss of ₹0 crore in the same quarter a year earlier.
- Valuation multiples
- The stock trades at 80.0 times earnings, 1.92 times book value.
- Things to watch
- The company's annual revenue has plummeted 91.0% year-over-year, reflecting a severe decline in business. The net profit margin has surged to 166.8%, up 163.2 percentage points from the prior year, indicating a significant shift in profitability. The stock is trading at its 52-week high, with no distance below it.
- Where it stands
- The company has experienced a sharp decline in revenue over the past few years, with annual revenue falling 91.0% year-over-year. However, net profit has surged 305.6% in the same period, with the latest quarter showing a dramatic turnaround to a profit of ₹4 crore. The stock is trading at its 52-week high.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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