Avance Technologies Limited

Avance Technologies Limited (AVANCE) is a micro-cap Information Technology company valued at ₹145 crore operating in Software Products on the NSE and BSE.

Recent price move

Avance Technologies Limited last traded at ₹0.72, sharply down 6.49% on the day.

Recent developments

On 2026-06-30, the company reported a net profit of ₹2 crore for the latest quarter, matching the previous year's figure but showing a significant improvement in margins compared to the prior year. The company's revenue growth has accelerated in recent quarters, with a 62.1% increase in the latest quarter compared to the same period a year earlier.

Financial performance

The company's annual revenue fell 7.3% year-over-year, but net profit surged 149.8% due to improved margins. The latest quarter saw revenue rise 62.1% compared to the same quarter a year earlier, while net profit remained flat at ₹2 crore.

Valuation multiples

The stock trades at 10.3 times earnings, a discount to the Information Technology median of 20.5, 0.41 times book value.

Things to watch

The company's return on equity is 0.0%, indicating no return to shareholders. The stock is 19.1% below its 52-week high, and the company's net profit margin, while improved, remains at 8.3%, which is relatively low for the sector. The company also reported a net profit loss in the quarter ending 2025-09-30, highlighting volatility in its earnings.

Where it stands

Avance Technologies Limited ended the latest quarter with revenue of ₹61 crore and net profit of ₹2 crore, showing strong growth compared to the same quarter a year earlier. The company's net profit margin has improved significantly, but its return on equity remains at 0.0%, and the stock is trading below its 52-week high by 19.1%.

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.