Avance Technologies Ltd.
Fundamentals
- Market cap
- ₹208 cr
- P/E
- 138.16×
- ROE
- 1.39%
- Debt / equity
- 0.15
- 52-week range
- 0.72 — 3.15
The timeline — 2 notes on Avance Technologies Ltd.
May 2026
- 29 May 26 · 8:35 PM IST Brief Brief · Earnings · Micro cap
Avance's ₹13.24 cr profit is built on ₹13.84 cr of other income, not operations.
Annual net profit surged 150% as revenue shrank. The final quarter's ₹10.37 cr profit wipes out the full-year's operational shortfall, but only because of a non-core income line.
- 29 May 26 · 8:28 PM IST Brief Brief · Earnings · Micro cap
Avance posts ₹13.24 cr profit but the earnings are mostly other income.
Annual net profit jumped 150% after a massive Q4 swing to profit. But a ₹13.84 crore other-income line is doing the heavy lifting, not operations.