AVANCE
Avance Technologies financials
- Market cap
- ₹161 Cr
- Sector
- Information Technology
Quarterly results
Q1 FY27: revenue up 62.1%, net profit up 52.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 44 | 32 | 48 | 37 | 41 −6% | 50 +53% | 31 −36% | 61 +62% |
| EBITDA | 3 | 2 | -2 | 1 | -2 −163% | 1 −29% | -1 +71% | 2 +128% |
| Net profit | 3 | 2 | -1 | 2 | -1 −128% | 2 +16% | 10 +862% | 2 +52% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −63.3% 1Y
1Y: ₹2.21 on 10 Sept 2025 → ₹0.81. High ₹3.15 (9 Oct 2025), low ₹0.81 (11 Sept 2026).
Financials, as filed
Revenue grew 5.1% a year over 2 years, FY24 to FY26. Operating margin narrowed to -0.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹144 Cr | ₹172 Cr | ₹159 Cr |
| Operating profit | ₹3 Cr | ₹5 Cr | ₹-0 Cr |
| Operating margin | 1.7% | 2.7% | -0.3% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹5 Cr | ₹5 Cr | ₹13 Cr |
| Net margin | 3.4% | 3.1% | 8.3% |
| Cash from operations | ₹30 Cr | ₹-68 Cr | ₹-137 Cr |
| Free cash flow | ₹30 Cr | ₹-68 Cr | ₹-137 Cr |
| ROCE | 1.0% | 2.0% | 3.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY17 | FY18 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹198 Cr | ₹198 Cr | ₹198 Cr | ₹198 Cr | ₹198 Cr | ₹198 Cr |
| Reserves | ₹188 Cr | ₹189 Cr | ₹173 Cr | ₹178 Cr | ₹184 Cr | ₹196 Cr |
| Borrowings | ₹0 Cr | ₹150 Cr | ₹0 Cr | ₹0 Cr | ₹117 Cr | ₹164 Cr |
| Other liabilities | ₹62 Cr | ₹62 Cr | ₹63 Cr | ₹113 Cr | ₹65 Cr | ₹91 Cr |
| Total liabilities | ₹448 Cr | ₹598 Cr | ₹435 Cr | ₹489 Cr | ₹564 Cr | ₹649 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹222 Cr | ₹223 Cr | ₹276 Cr | ₹250 Cr | ₹199 Cr | ₹191 Cr |
| Other assets | ₹226 Cr | ₹376 Cr | ₹159 Cr | ₹239 Cr | ₹365 Cr | ₹458 Cr |
| Total assets | ₹448 Cr | ₹598 Cr | ₹435 Cr | ₹489 Cr | ₹564 Cr | ₹649 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025.
- Promoters
- 0.7%
- Public
- 99.3%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 0.7%, Public 99.3%.Dec '23: Promoters 0.7%, Public 99.3%.Mar '24: Promoters 0.7%, Public 99.3%.Jun '24: Promoters 0.7%, Public 99.3%.Sep '24: Promoters 0.7%, Public 99.3%.Dec '24: Promoters 0.7%, Public 99.3%.Mar '25: Promoters 0.7%, Public 99.3%.Jun '25: Promoters 0.7%, Public 99.3%.Sep '25: Promoters 0.7%, Public 99.3%.Dec '25: Promoters 0.7%, Public 99.3%.Mar '26: Promoters 0.7%, Public 99.3%.Jun '26: Promoters 0.7%, Public 99.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Avance Technologies Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jayalalita Commodities Private Limited | 2.60% | unchanged |
| Srikrishna B | 0.68% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Avance Technologies Ltd.
Guides on how to read this kind of business and the numbers that matter.