Avance Technologies Ltd.
Fundamentals
- Market cap
- ₹188 cr
- P/E
- 14.22×
- ROE
- 1.39%
- Debt / equity
- 0.15
- 52-week range
- 0.73 — 3.15
Company snapshot
Avance Technologies Ltd.
Software Services
₹190 cr
P/E 14.37×
Latest quarter · Mar 2026
Sales₹31 cr
Net profit₹10 cr
Op. margin−1.8%
EPS₹0.05
Strength & growth
Debt / equity0.15×
Current ratio1.00×
Sales CAGR+4.6%
The timeline — 4 notes on Avance Technologies Ltd.
June 2026
- 30 Jun 26 · 4:30 PM IST Brief Brief · Micro cap
Avance appoints Santosh Hambare as MD & CFO, fills vacancy after resignation
Hambare takes dual role, replacing former MD Latesh Poojary as NED and filling CFO gap left by Vijay Purohit's exit. Board also adds Dipak Gaikwad as independent director.
- 20 Jun 26 · 7:29 PM IST Brief Brief · Micro cap
Avance Technologies loses its CFO without naming a successor
CFO Vijay Purohit resigns effective June 20, citing personal commitments; the nano-cap company's finance chief post is now vacant.
May 2026
- 29 May 26 · 8:35 PM IST Brief Brief · Earnings · Micro cap
Avance's ₹13.24 cr profit is almost entirely other income. Revenue fell.
A 150% profit jump hides a shrinking core business. Other income of ₹13.84 cr was larger than the annual net profit.
- 29 May 26 · 8:28 PM IST Brief Brief · Earnings · Micro cap
Avance's ₹13.24 crore profit came from ₹13.84 crore in other income
Annual profit surged 150% to ₹13.24 crore, but ₹13.84 crore came from non-operational gains. Core revenue slipped.