Loading…
Avance Technologies (AVANCE)₹0.7600−5.00%Software Products
In the Jun 2026 quarter (consolidated), Avance Technologies reported sales of ₹60.79 Cr, up 62.1% from Jun 2025, and net profit of ₹2.46 Cr, up 52.8% year on year. For the year to Mar 2026, sales were ₹159 Cr and net profit ₹12.96 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17.00 | 19.06 | 106 | 47.01 | 44.34 | 32.44 | 48.40 | 37.51 | 41.47 | 49.65 | 31.03 | 60.79 |
| Expenses | 16.21 | 17.04 | 106 | 44.51 | 41.31 | 30.71 | 49.99 | 36.61 | 42.96 | 48.20 | 31.38 | 58.94 |
| Operating Profit | 0.68 | 1.91 | −0.28 | 2.18 | 2.72 | 1.56 | −1.84 | 0.66 | −1.74 | 1.11 | −0.53 | 1.52 |
| OPM % | 4.0% | 10.0% | −0.3% | 4.6% | 6.2% | 4.8% | −3.9% | 1.8% | −4.2% | 2.2% | −1.8% | 2.5% |
| Other Income | 0.00 | 0.00 | 2.54 | 0.00 | 0.00 | 0.20 | 2.02 | 0.96 | 0.98 | 0.95 | 11.02 | 0.95 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.02 | 0.00 | 0.02 | 0.05 | 0.08 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.70 | 1.93 | 2.25 | 2.20 | 2.74 | 1.75 | 0.16 | 1.63 | −0.79 | 2.02 | 10.39 | 2.48 |
| Tax % | 0.0% | 0.0% | 4.5% | 0.0% | 0.0% | 0.0% | 1,006.7% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% |
| Net Profit | 0.68 | 1.91 | 2.14 | 2.18 | 2.72 | 1.73 | −1.35 | 1.61 | −0.76 | 2.00 | 10.34 | 2.46 |
| EPS (Rs) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 102 | 90.19 | 29.06 | 31.08 | 144 | 172 | 159 | 183 |
| Expenses | 102 | 89.69 | 28.89 | 29.89 | 141 | 166 | 159 | 181 |
| Operating Profit | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 4.99 | −0.99 | 0.36 |
| OPM % | 0.0% | 0.2% | 0.7% | 1.6% | 1.7% | 3.0% | −0.3% | 0.2% |
| Other Income | −1.01 | 0.00 | 0.00 | 0.00 | 3.01 | 2.01 | 14.05 | 13.90 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −1.01 | 0.00 | 0.00 | 0.00 | 5.01 | 7.01 | 13.01 | 14.10 |
| Tax % | 0.0% | 0.0% | 29.0% | 20.0% | 3.0% | 28.0% | 0.0% | — |
| Exceptional items | −0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | −0.99 | 0.00 | 0.00 | 0.00 | 4.98 | 4.99 | 12.96 | 14.04 |
| EPS (Rs) | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.06 | 0.04 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 198 | 198 | 198 | 198 | 198 | 198 | 198 |
| Reserves | 188 | 188 | 188 | 173 | 178 | 183 | 196 |
| Borrowings | 0.00 | 0.00 | 150 | 0.00 | 0.00 | 56.18 | 164 |
| Other Liabilities | 58.28 | 62.30 | 62.22 | 63.30 | 114 | 63.31 | 90.56 |
| Total Liabilities | 445 | 448 | 598 | 436 | 490 | 501 | 649 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 225 | 223 | 224 | 277 | 251 | 236 | 192 |
| Other Assets | 220 | 226 | 375 | 159 | 239 | 265 | 457 |
| Inventories | 19.95 | 20.96 | 19.95 | 6.99 | 19.95 | 35.92 | 90.75 |
| Trade receivables | 10.01 | 7.01 | 11.01 | 1.01 | 12.02 | 11.01 | 42.04 |
| Cash & equivalents | 0.00 | 0.00 | 0.00 | 0.00 | 15.01 | 20.98 | 48.96 |
| Total Assets | 445 | 448 | 598 | 436 | 490 | 501 | 649 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 27.96 | −0.99 | 0.00 | 5.98 | 29.92 | −67.89 | −137 |
| Cash from investing activity | −27.91 | 1.99 | −149 | 6.98 | 25.90 | 17.92 | 56.79 |
| Cash from financing activity | 0.00 | 0.00 | 150 | −13.94 | −41.86 | 55.82 | 108 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 15.05 | 6.02 | 28.08 |
| Capex | 1.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | 26.01 | −1.01 | 0.00 | 6.01 | 30.03 | −68.02 | −137 |
| CFO / OP % | −69,125.0% | −670.0% | 53.0% | 1,278.1% | 1,226.1% | −1,290.0% | 24,460.0% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 34 | 28 | 138 | 14 | 31 | 23 | 97 |
| Inventory days | 72 | 87 | 258 | 82 | 51 | 79 | 209 |
| Days payable | 206 | 244 | 776 | 770 | 289 | 135 | 205 |
| Cash conversion cycle | −100 | −131 | −381 | −676 | −208 | −34 | 100 |
| Working capital days | −102 | −137 | −378 | −665 | −206 | 4 | 101 |
| ROCE % | — | 0.0% | 0.0% | — | 1.0% | 2.0% | 3.0% |
For the Jun 2026 quarter, Avance Technologies reported sales of ₹60.79 Cr, up 62.1% year on year and net profit of ₹2.46 Cr, up 52.8% year on year. The operating margin was 2.5%.
Avance Technologies' sales for the year to Mar 2026 were ₹159 Cr; over the last twelve months they were ₹183 Cr.
Net profit for the year to Mar 2026 was ₹12.96 Cr, and ₹14.04 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.04.
Avance Technologies reported borrowings of ₹164 Cr at Mar 2026, against cash and equivalents of ₹48.96 Cr.
Cash from operations was −₹137 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹137 Cr.