Avance Technologies Ltd Stock Price Today (NSE: AVANCE)

Avance Technologies Ltd

1.010.04 (3.81%)
Market Closed

Fundamental Score

...

Avance Technologies Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Avance Technologies Ltd share price today is 1.01, down 3.81% on NSE/BSE as of 1 June 2026. Avance Technologies Ltd (AVANCE) is a Small-cap company in the Software Products sector with a market capitalisation of 188.28 (Cr). The 52-week high for AVANCE share price is 3.15 and the 52-week low is 0.73. At a P/E ratio of 153.07x, AVANCE is currently trading above its industry average P/E of 36.75x. The company has a Return on Equity (ROE) of 1.40% and a debt-to-equity ratio of 0.31.

Avance Technologies Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
1.08
Low
0.95
Volume
57.0L
Change
-4.76%

Avance Technologies Ltd share price chart: -4.76% return over the past month. 52-week high ₹3.15, 52-week low ₹0.73.

Avance Technologies Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
0.961.000.961.00139.07L (Cr)
0.970.970.960.9648.92L (Cr)
0.970.980.960.9750.73L (Cr)
0.960.980.960.9745.85L (Cr)
0.980.990.960.9761.03L (Cr)
0.960.990.960.9842.11L (Cr)
0.980.990.960.9746.49L (Cr)
0.990.990.950.9852.61L (Cr)
1.001.030.980.9949.13L (Cr)
1.031.040.991.0050.96L (Cr)

Avance Technologies Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1.051.050.951.00-4.76%
0.921.260.921.01+9.78%
1.081.120.920.92-14.81%
1.281.331.101.13-11.72%
1.902.171.221.33-30.00%
0.871.910.871.91+119.54%
1.951.950.910.91-53.33%
2.883.152.052.05-28.82%
1.952.831.952.83+45.13%
1.421.921.421.92+35.21%
0.851.400.851.40+64.71%
0.750.980.730.86+14.67%

AI Research Briefing

Powered by Gemini · 2026-04-13

Micro-cap IT distributor trying to become an AI company via acquisition; too much narrative risk for the tiny float.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEBreakdown. 1M: -53.66%, 3M: -52.02%.Expensive. P/E is 153.07x vs. industry P/E of 36.75x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Avance Technologies filed its SEBI compliance certificate for Q4 FY26 on April 13, 2026. The certificate confirms adherence to dematerialization regulations. No dematerialization activity occurred during the quarter.

CORE STORY (THE REAL GAME)

Avance is trying to re-rate from a low-quality IT product distributor to a higher-multiple AI play via acquisition. Market cares about the AI narrative, not the core business.

Why Now
  • AI acquisition narrative
  • Prior price momentum
  • Small float can move fast on news
Potential Catalysts
  • Successful Pushpak AI acquisition
  • Large AI contract win
  • Promoter buying
Key Risks
  • Illiquidity (micro-cap)
  • Tiny promoter holding (0.68%)
  • Non-binding acquisition agreement
  • Expensive valuation
  • Core business is low-margin IT distribution
Institutional Activity

No FII or DII interest. Promoter holding is negligible.

Macro Context

Indian software market is growing at a CAGR of 4.33%, but Avance needs to prove it can capture that growth in AI.

Cash Flow Quality

Poor. Free cash flow 5Y is ₹None Cr.

3–6 Month Outlook

If Pushpak AI deal closes, Avance *might* have a shot at becoming a real AI player. Until then, it's a penny stock trading on hope.

Primary Thesis Risk

The Pushpak AI acquisition falls through, leaving Avance as an overvalued IT distributor.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

1.40%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

1.81%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Avance Technologies Ltd Valuation Check

Poor

Price to Earnings (P/E)

153.07x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

36.75x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Poor

Promoter Holding

0.68%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-128.21%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-6.36%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.31x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

69.25x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

N/A

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Avance Technologies Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AVANCE across key market metrics for learning purposes.

Positive Indicators

2 factors identified

Strong Interest Coverage (69.25x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (1.40%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (1.81%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 153.07x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-128.21%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-6.36%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Low Promoter Commitment (0.68%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Avance Technologies Ltd vs Software Products Peers

Peer Comparison - Software Products

Compare Avance Technologies Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
6.1/100
1
₹188.28
153.1
Average
1.40%
Poor
1.81%
Poor
0.3
Excellent
0.00%
55.8/100
10300
₹70893.63
29.9
Average
29.34%
Excellent
40.60%
Excellent
0.0
Excellent
10.23%
Good
7.09%
Good
3.25%
61.7/100
845
₹9148.67
62.8
Average
17.62%
Good
24.13%
Excellent
0.0
Excellent
44.27%
Excellent
25.53%
Excellent
0.21%
69.1/100
523
₹7392.75
15.4
Average
24.10%
Excellent
29.19%
Excellent
0.0
Excellent
38.24%
Excellent
15.70%
Excellent
2.15%
56.5/100
775
₹2429.96
15.1
Average
16.82%
Good
22.60%
Excellent
0.0
Excellent
9.56%
Good
9.83%
Good
1.35%
34/100
461
₹2096.06
241.8
Average
-10.87%
Poor
-5.40%
Poor
0.1
Excellent
0.78%
Average
0.00%
29.6/100
1181
₹1731.07
232.1
Average
0.7
Good
0.04%
32/100
191
₹1668.27
0.63%
Poor
-0.24%
Poor
0.0
Excellent
-47.96%
Poor
-0.47%
Poor
0.00%
35.1/100
88
₹1431.00
73.9
Average
24.78%
Excellent
31.37%
Excellent
0.1
Excellent
0.00%
32.4/100
19
₹886.96
17.0
Average
44.47%
Excellent
37.07%
Excellent
0.6
Good
0.00%
Subex Ltd...
SUBEXLTD532348
14.2/100
11
₹674.17
-11.26%
Poor
-6.44%
Poor
0.1
Excellent
-4.79%
Poor
0.00%

Avance Technologies Ltd PE Ratio History

Historical price-to-earnings ratio for AVANCE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.02₹0.8643x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Avance Technologies Ltd Quarterly Performance

Latest quarterly metrics for AVANCE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-6.36%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-128.21%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Avance Technologies Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for AVANCE — calculated from daily price history

50RSI 14
Neutral — RSI 50

Momentum is balanced — neither overbought nor oversold.

SMA 50
1
▼ Price below SMA 50 — Short-term bearish
SMA 200
2
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
6526K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Avance Technologies Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Avance Technologies Ltd (AVANCE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Avance Technologies Ltd

About AVANCE (Avance Technologies Ltd)

Avance Technologies Ltd is a pioneering force in the software products arena, specializing in crafting innovative solutions that empower businesses to thrive in the digital age. Th...ey delve deep into the complexities of modern IT infrastructure, offering a comprehensive suite of software designed to optimize performance, enhance security, and drive transformative growth. Avance's expertise spans a wide spectrum, from bolstering digital foundations to meticulously managing embedded devices. They are masters of hybrid environments, seamlessly integrating cloud and on-premise systems to create agile and responsive IT ecosystems. Avance's commitment to cutting-edge technology extends to the burgeoning field of the Internet of Things, providing robust management tools for connected devices and ensuring seamless data flow. At the heart of Avance's offerings lies a dedication to data-driven decision-making. Their software suite facilitates comprehensive data center management and optimization, providing real-time insights into resource utilization, performance bottlenecks, and potential security threats. They also specialize in seamless migration, meticulous optimization, and proactive management of multi-cloud environments, enabling businesses to leverage the full potential of cloud computing without compromising security or control. Avance understands that each industry has unique needs, and they tailor their solutions to meet the specific requirements of healthcare, finance, manufacturing, and hospitality sectors, delivering targeted software that addresses their unique challenges and opportunities. Formerly known as VMC Software Ltd, Avance Technologies Ltd has a rich history of innovation and a deep understanding of the evolving technological landscape. With a relentless focus on customer satisfaction and a commitment to staying ahead of the curve, Avance is a trusted partner for businesses seeking to unlock the power of software and transform their operations. Their software offerings not only improve efficiency and reduce costs but also enhance security, foster innovation, and provide a competitive edge in today's rapidly changing market. Avance's solutions are the building blocks for success in the digital era.

Company Details

Symbol:AVANCE
Industry:Software Products
Sector:Software Products

Key Leadership

Ms. Sneha Shrivastava
Company Secretary & Compliance Officer
Mr. Latesh Poojary
MD & Executive Director
Mr. Vijaysingh Purohit
Chief Financial Officer

AVANCE Share Price: Frequently Asked Questions

What is the current share price of Avance Technologies Ltd?

Avance Technologies Ltd (AVANCE) trades at ₹1.01 on NSE and BSE. Market cap ₹188.28 (Cr). Educational data only.

What is the P/E ratio of Avance Technologies Ltd?

Avance Technologies Ltd has a P/E of 153.07x vs industry average 36.75x.

What is the Bull Run score for Avance Technologies Ltd?

Avance Technologies Ltd has a Bull Run score of 6.1/100 based on 25+ financial parameters.

Does Avance Technologies Ltd pay dividends?

Avance Technologies Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Avance Technologies Ltd?

Avance Technologies Ltd has ROE of 1.40%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Avance Technologies Ltd?

Avance Technologies Ltd has debt-to-equity of 0.31.

Is Avance Technologies Ltd a good investment?

Bull Run gives Avance Technologies Ltd a score of 6.1/100. This is not investment advice — consult a SEBI-registered advisor.