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What is the PE ratio of Avance Technologies Ltd?

Avance Technologies Ltd has a price-to-earnings (PE) ratio of 13.4 in the Information Technology sector.

What is the market capitalisation of Avance Technologies Ltd?

Avance Technologies Ltd has a market capitalisation of approximately ₹190 crore.

Avance Technologies Ltd

AVANCELTD·NSE·Information Technology

₹0.00▲ +0.00 (+0.00%)

⚠️Trading suspended. Not a live price.

Information Technology · Software Products

A steady, established business

52W₹1

₹3-38%

Open

—

High

—

Low

—

Prev Close

—

Volume

—

VWAP

—

Snapshot

Key fundamentals

Market Cap

₹190 Cr

P/E Ratio

13.40Cheap

P/B Ratio

0.47

EPS

₹0.07

Book Value

₹1.99

ROE

3.42%Weak

ROCE

3.00%Weak

Dividend Yield

0.00%

Debt / Equity

0.42Moderate

Face Value

₹1.00

52W High

₹3.15

52W Low

₹0.87

Sector

Information Technology

Industry

Software Products

Expensive

None moatMedium uncertainty

Fair value estimate

₹2

No recent traded price

BearFair valueBull

₹2₹2₹2

/100

Business quality — Watch the fundamentals

Growth 50Profitability 17Efficiency 0Valuation 85

Plain English

Our view

A steady, established business
Low debt relative to equity
Weak returns on equity (3%)

Strengths

Low debt relative to equity
Reasonably priced at 13× earnings

Risks

Weak returns on equity (3%)

How we got there

Fair value methods

Residual income

3% ROE fading to 13% over ~3 yrs, on ₹2 book

₹2

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹2

Analyst target

No analyst coverage

—

Blended fair value₹2

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Reasonably priced at 13× earnings

Bear case

Weak returns on equity (3%)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

13.4Cheap

Below 15× is value territory; above 35× prices in strong growth

ROE

3.4%Weak

Above 15% is considered healthy for Indian equities

ROCE

3.0%Weak

Above 18% means capital is working hard

Debt/Eq

0.42Moderate

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹190 Cr

P/B

0.47

EPS

₹0.07

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Attractive

P/E 13.4×

Growth

Strong

+72% rev CAGR

Profitability

Modest

3.4% ROE

Financial health

Comfortable

D/E 0.42

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover—

Trades—

VWAP—

Face value₹1.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+72.5%

+12.1%

10Y

—

Profit

—

10Y

—

EPS

—

10Y

—

Profile

Pros

Stock is trading at 0.47 times its book value

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Promoter holding is low: 0.68%
Tax rate seems low
Company has a low return on equity of 2.05% over last 3 years.
Earnings include an other income of Rs.13.8 Cr.
Debtor days have increased from 50.0 to 96.6 days.
Working capital days have increased from -46.3 days to 180 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

Promoter

Promoters

0.7%0.00

Public

93.0%+1.52

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

6.3%

Total shareholders

3,95,173-7,901 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter0.68%

Public93.05%

Others6.27%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1985, Avance Technologies Ltd operates in software related products[1]