Avance Technologies Ltd (AVANCE) — shareholding pattern, promoter holding, financials and share price
About Avance Technologies Ltd (AVANCE)
Avance Technologies Ltd operates in the Software Products industry, within the Information Technology sector. It trades on the NSE as AVANCE and on the BSE under scrip code 512149. Its ISIN is INE758A01072.
Incorporated in 1985, Avance Technologies Ltd operates in software related products [1]
Avance Technologies Limited, formerly VMC Software Limited, operates in software-related products with a focus on IT communication services.
The company specializes in providing end-to-end mobile data services, including innovative applications on their IT platform.
Listed peers in Software Products: P.E. Analytics Ltd, Atishay Ltd, Novus Loyalty Ltd, Virinchi Ltd, Ace Software Exports Ltd, Xelpmoc Design and Tech Ltd.
Valuation & Returns
10 Jul 2026At ₹0.94 a share on 10 Jul 2026, Avance Technologies Ltd (AVANCE) was valued at a price-to-earnings ratio of 14.08x against an industry P/E of 17.23x and a price-to-book of 0.49x on a book value of ₹1.92 per share as of Mar 2025. Solomo computes return on equity of 3.47% and return on capital employed of 3.06% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14.08x
- Industry P/E
- 17.23x
- P/B
- 0.49x
- EPS (TTM)
- ₹0.07
- Book value / share
- ₹1.92
- ROE
- 3.47%
- ROCE
- 3.06%
- ROA
- 2.65%
- Debt / equity
- 0.15x
- Dividend yield
- 0%
- EBITDA margin
- 8.39%
- 52-week range
- ₹0.87 – ₹3.15
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Avance Technologies Ltd (AVANCE) reported revenue of ₹159 crore, net profit of ₹13 crore and earnings per share of ₹0.07. That compares with revenue of ₹172 crore and net profit of ₹5 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹31 crore and net profit ₹10 crore (consolidated).
| Metric | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 29 | 31 | 144 | 172 | 159 |
| Net profit (₹ cr) | 0 | 0 | 5 | 5 | 13 |
| EPS (₹) | 0 | 0 | 0.02 | 0.03 | 0.07 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -6.05% | 186.60% | 71.35% | 19.04% |
| Profit growth | - | - | - | 8.61% |
| Stock price CAGR | 12% | - | 25% | -19% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 0.68% of Avance Technologies Ltd (AVANCE) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹186 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: JAYALALITA COMMODITIES PRIVATE LIMITED 2.6%, HUF 1.57%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 0.68% | - | - | 0% | 99.32% |
| Mar 2026 | 0.68% | - | - | 0% | 99.32% |
| Dec 2025 | 0.68% | - | - | 0% | 99.32% |
| Sep 2025 | 0.68% | - | - | 0% | 99.32% |
| Jun 2025 | 0.68% | - | - | 0% | 99.32% |
| Mar 2025 | 0.68% | - | - | 0% | 99.32% |
| Dec 2024 | 0.68% | - | - | 0% | 99.32% |
| Sep 2024 | 0.68% | - | - | 0% | 99.32% |