AVANCE TECHNOLOGIES LTD. (AVANCE) financials

AVANCE TECHNOLOGIES LTD. (AVANCE) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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

Market Cap: ₹167Cr.
Current Price: ₹0.85
Stock P/E: 13.5
ROE: 3.30%
ROCE: 3.46%
Book Value: ₹1.96
Dividend Yield: 0.00%
52W High / Low: ₹3.15/0.75

In Jun 2026, AVANCE TECHNOLOGIES LTD. (AVANCE) reported sales ₹17.89 Cr and net profit ₹0.28 Cr.

Annual TTM: sales ₹94 Cr, net profit ₹12 Cr.

Shareholding: Promoters 0.68% (Jun 2026), Public 99.32% (Jun 2026), No. of Shareholders 3,84,664% (Jun 2026).

AVANCE quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	20.32	20.17	13.21	25.21	25.16	25.50	25.21	17.89
Expenses	18.38	20.25	14.92	25.61	25.21	25.54	25.30	18.55
Operating Profit	1.94	-0.08	-1.71	-0.40	-0.05	-0.04	-0.09	-0.66
OPM %	9.55%	-0.40%	-12.94%	-1.59%	-0.20%	-0.16%	-0.36%	-3.69%
Other Income	0.00	0.19	1.99	0.94	0.94	0.94	10.98	0.94
Interest	0.00	0.00	0.05	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.01	0.01	-0.01	0.00
Profit before tax	1.94	0.11	0.23	0.54	0.88	0.89	10.90	0.28
Tax %	0.00%	0.00%	265.22%	0.00%	0.00%	0.00%	5.78%	0.00%
Net Profit	1.94	0.11	-0.38	0.54	0.88	0.90	10.27	0.28
EPS in Rs	0.01	0.00	-0.00	0.00	0.00	0.00	0.05	0.00
Raw PDF	—	—	—	—	—	—	—	—

AVANCE profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	0	0	12	31	69	58	101	94
Expenses	0	0	12	30	70	57	102	95
Operating Profit	-0	-0	-1	0	-0	1	-1	-1
OPM %	-3.3%	-275%	-6%	1.6%	-0.4%	1.8%	-0.6%	-0.9%
Other Income	-51	-27	0	0	3	2	14	14
Interest	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	-51	-28	-1	0	2	3	13	13
Tax %	0%	0%	0%	20%	7%	35%	5%	—
Net Profit	-51	-28	-1	0	2	2	13	12
EPS in Rs	-0.26	-0.14	-0.00	0.00	0.01	0.01	0.06	0.05
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

AVANCE balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	198	198	198	198	198	198	198	198
Reserves	189	99	71	173	173	175	177	190
Borrowings	146	146	0	0	0	0	0	0
Other Liabilities	39	31	31	56	63	56	61	63
Total Liabilities	572	475	300	427	435	429	436	451
Fixed Assets	0	0	0	0	0	0	0	0
CWIP	0	0	0	0	0	0	0	0
Investments	288	205	202	284	276	242	235	162
Other Assets	284	270	98	143	159	188	201	288
Total Assets	572	475	300	427	435	429	436	451

AVANCE cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	43	-3	22	19	6	-6	-6	-77
Cash from Investing Activity	-39	3	2	-81	7	35	6	76
Cash from Financing Activity	-4	0	-24	62	-14	-29	0	0
Net Cash Flow	-0	0	0	-0	0	0	0	-0
Free Cash Flow	43	-3	22	19	6	-6	-6	-77
CFO/OP	-36,483%	31,600%	-20,164%	-2,917%	1,278%	1,900%	-485%	12,871%

AVANCE shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	0.68%	0.68%	0.68%	0.68%	0.68%	0.68%	0.68%	0.68%
Public	99.32%	99.30%	99.31%	99.33%	99.33%	99.32%	99.31%	99.32%
No. of Shareholders	2,70,359	3,72,843	3,89,916	3,83,464	4,06,061	4,03,074	3,95,173	3,84,664

AVANCE key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	385	3,711	0	76	14	42	49	115
Inventory Days	2,165	42,920	—	116	81	0	0	0
Days Payable	4,208	66,473	—	1,707	771	—	—	—
Cash Conversion Cycle	-1,657	-19,842	0	-1,515	-677	42	49	115
Working Capital Days	-1,721	-10,573	-278,678	-1,578	-664	-251	-331	-110
ROCE %	0%	0%	0%	-0%	0%	1%	1%	3%

AVANCEUpdated 30 Sept 2026, 0:13

Avance Technologies Ltd.

AVANCEUpdated 30 Sept 2026, 0:13

Market Cap

₹167Cr.

Current Price

₹0.85

High / Low

₹3.15/0.75

Stock P/E

13.5

ROE3.30%

ROCE3.46%

Book Value₹1.96

Face Value₹1.00

Dividend Yield0.00%

About

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

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	2.56	0	2.38	0	0	0.18	0	0.18	0
Sep 2023	16.05	0	15.36	0	0	0.69	0	0.69	0
Dec 2023	3.62	0	3.48	0	0	0.14	0	0.14	0
Mar 2024	47.06	0	48.37	2.53	0	1.22	12.3	1.07	0.01
Jun 2024	4.23	0	3.83	0	0	0.4	0	0.4	0
Sep 2024	20.32	0	18.38	0	0	1.94	0	1.94	0.01
Dec 2024	20.17	0	20.25	0.19	0	0.11	0	0.11	0
Mar 2025	13.21	0.05	14.92	1.99	0	0.23	265.22	-0.38	0
Jun 2025	25.21	0	25.61	0.94	0	0.54	0	0.54	0
Sep 2025	25.16	0	25.21	0.94	0.01	0.88	0	0.88	0
Dec 2025	25.5	0	25.54	0.94	0.01	0.89	0	0.9	0
Mar 2026	25.21	0	25.3	10.98	-0.01	10.9	5.78	10.27	0.05
Jun 2026	17.89	0	18.55	0.94	0	0.28	0	0.28	0

Profit & loss

Annual statement₹ Cr.

Year	Sales	Expenses	Other Income	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	107	107	-1	-1	-3	-1	-0.01
Mar 2016	102	102	-1	-1	0	-1	-0.01
Mar 2017	90	90	0	0	0	0	0
Mar 2018	29	29	0	0	29	0	0
Mar 2019	3	4	1	1	27	1	0
Mar 2020	0	0	-51	-51	0	-51	-0.26
Mar 2021	0	0	-27	-28	0	-28	-0.14
Mar 2022	12	12	0	-1	0	-1	0
Mar 2023	31	30	0	0	20	0	0
Mar 2024	69	70	3	2	7	2	0.01
Mar 2025	58	57	2	3	35	2	0.01
Mar 2026	101	102	14	13	5	13	0.06
TTM	94	95	14	13	—	12	0.05

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	0.68%
Public	99.32%

Shareholding trend

Ownership over time%

Quarter	Promoters	Public
Sep 2023	0.68%	99.31%
Dec 2023	0.68%	99.31%
Mar 2024	0.68%	99.32%
Jun 2024	0.68%	99.31%
Sep 2024	0.68%	99.32%
Dec 2024	0.68%	99.3%
Mar 2025	0.68%	99.31%
Jun 2025	0.68%	99.33%
Sep 2025	0.68%	99.33%
Dec 2025	0.68%	99.32%
Mar 2026	0.68%	99.31%
Jun 2026	0.68%	99.32%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Investments	Other Assets	Total Assets
Mar 2015	198	189	0	72	460	197	263	460
Mar 2016	198	188	0	58	444	224	220	444
Mar 2017	198	188	0	62	448	244	205	448
Mar 2018	198	188	150	62	598	244	354	598
Mar 2019	198	189	146	39	572	288	284	572
Mar 2020	198	99	146	31	475	205	270	475
Mar 2021	198	71	0	31	300	202	98	300
Mar 2022	198	173	0	56	427	284	143	427
Mar 2023	198	173	0	63	435	276	159	435
Mar 2024	198	175	0	56	429	242	188	429
Mar 2025	198	177	0	61	436	235	201	436
Mar 2026	198	190	0	63	451	162	288	451

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	16	-19	0	-3
Mar 2016	28	-28	0	0
Mar 2017	20	-20	0	0
Mar 2018	0	-150	150	0
Mar 2019	43	-39	-4	0
Mar 2020	-3	3	0	0
Mar 2021	22	2	-24	0
Mar 2022	19	-81	62	0
Mar 2023	6	7	-14	0
Mar 2024	-6	35	-29	0
Mar 2025	-6	6	0	0
Mar 2026	-77	76	0	0

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	41	34	28	138	385	3,711	0	76	14	42	49	115
Inventory Days	66	71	86	257	2,165	42,920	—	116	81	0	0	0
Days Payable	248	207	245	777	4,208	66,473	—	1,707	771	—	—	—
Cash Conversion Cycle	-141	-101	-132	-382	-1,657	-19,842	0	-1,515	-677	42	49	115
Working Capital Days	-140	-101	-136	-376	-1,721	-10,573	-278,678	-1,578	-664	-251	-331	-110
ROCE %	0%	0%	0%	0%	0%	0%	0%	-0%	0%	1%	1%	3%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of AVANCE TECHNOLOGIES LTD. (AVANCE)?

The reported market capitalisation for AVANCE TECHNOLOGIES LTD. (AVANCE) is ₹167Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of AVANCE?

The current price shown for AVANCE TECHNOLOGIES LTD. (AVANCE) on Fincrux is ₹0.85 with a 52-week high/low of ₹3.15/0.75.

What is the P/E ratio of AVANCE TECHNOLOGIES LTD. (AVANCE)?

The stock P/E for AVANCE TECHNOLOGIES LTD. (AVANCE) is 13.5 on Fincrux, with ROE at 3.30% and ROCE at 3.46%.

What were AVANCE latest quarterly results?

For Jun 2026, AVANCE TECHNOLOGIES LTD. (AVANCE) reported sales ₹17.89 Cr and net profit ₹0.28 Cr (figures in ₹ crore unless noted).

What are AVANCE annual sales and net profit?

For TTM, AVANCE TECHNOLOGIES LTD. (AVANCE) shows sales of ₹94 Cr and net profit of ₹12 Cr on the Fincrux profit & loss statement.

Who owns AVANCE TECHNOLOGIES LTD. (AVANCE)?

Latest shareholding for AVANCE TECHNOLOGIES LTD. (AVANCE) on Fincrux: Promoters 0.68% (Jun 2026), Public 99.32% (Jun 2026), No. of Shareholders 3,84,664% (Jun 2026).

Where can I find AVANCE TECHNOLOGIES LTD. (AVANCE) financials?

AVANCE TECHNOLOGIES LTD. (AVANCE) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show AVANCE balance sheet and cash flow?

Yes. The AVANCE TECHNOLOGIES LTD. (AVANCE) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 30 September 2026 at 0:13