AVANCE share price, P/E, ROE & financials

As of 6 Nov 2026, Avance Technologies trades at 11.1× trailing earnings, below the industry P/E of 17.7×, and the shares are 17% below their 52-week high. Its ROCE of 2.4% is the lowest among the 7 largest Information Technology Services peers, and sales grew 73% a year over 3 years. Debt is 0.39× equity. It is a small-cap company with a market cap of ₹155 Cr, ranked 77th of 126 Information Technology Services companies by market cap; the shares fell 13% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹0.83
Day high: ₹0.86
Day low: ₹0.76
Prev. close: ₹0.81
Volume: 74.6 L

Health check

2 good · 2 fair · 2 to check

ReturnsIn line
−13.3% over a year, better than 4 of 7 peers.
Price tagCheaper
P/E 11.1 vs industry 17.7.
GrowthStrong
Sales +73.4%, profit +219.4% a year over 3 years.
ProfitabilityWeak
ROCE 2.4% vs peer median 27.2%.
Balance sheetFair
Debt 0.39× equity, Piotroski 4 of 9.
Red flags1 to check
Return on equity is low at 2.3%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Information Technology Services

125 listed peers. Screen the industry

Small cap

₹155 Cr, #77 of 126 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹173 Cr · profit ₹9 Cr

Market cap: ₹155 Cr; Small cap
P/E: 11.1; Industry 17.7
Price to book: 0.40; Peers 5.20
Dividend yield: 0.00%
ROE: 2.3%; Peers 22.9%
ROCE: 2.4%; Peers 27.2%
Debt to equity: 0.39; Debt ₹153 Cr
EPS (TTM): ₹0.07; Face value ₹1
OPM (TTM): 0.2%; Net margin 5.1%
Sales growth: +62.1%; Latest quarter vs a year ago
Profit growth: +52.2%; Latest quarter vs a year ago
Price to sales: 0.89; EV/EBITDA −53.6

Strengths

Quarterly profit up 52.2% on a year ago.
Quarterly sales up 62.1% on a year ago.
P/E of 11.1 against an industry P/E of 17.7.

Risks to check

Return on equity is low at 2.3%.

Derived automatically from reported figures. Not a recommendation.

About Avance Technologies

Avance Technologies Limited engages in the dealing of IT products in India. The company offers digital infrastructure, embedded device management, hybrid infrastructure, internet of things infrastructure management, data center management and optimization, as well as cloud integration and management. It serves healthcare, finance, retail, manufacturing, and hospitality industries. The company was formerly known as VMC Software Ltd. Avance Technologies…

Headquarters: Mumbai
Employees: 3
Sector: Technology
ISIN: INE758A01072
Website: avance.in

Price range

52 weeks

₹0.54₹0.94

Today

₹0.76₹0.86

Avg volume (3M): 67.8 L
1-year return: minus 13.3%
From 52-week high: minus 17.0%

Peers · Information Technology Services

Compare with peers Screen the whole industry

Company
TCSTata Consultancy Services	2,498.50	plus 0.11%	9,03,979	17.5	7.60	54.9%	45.6%	26.5%	5.8%	5.3%	1.92%	minus 16.5%
INFYInfosys	1,181.40	plus 1.20%	4,78,511	15.7	4.91	39.0%	30.0%	23.1%	6.7%	6.9%	4.40%	minus 20.5%
HCLTECHHCL Technologies	1,440.00	plus 0.66%	3,89,754	21.3	5.20	27.2%	24.6%	20.8%	8.7%	3.9%	3.33%	minus 6.4%
WIPROWipro	198.00	minus 0.20%	1,95,898	15.6	2.46	17.8%	15.9%	19.2%	0.8%	5.2%	4.04%	minus 16.6%
TECHMTech Mahindra	1,831.00	plus 0.46%	1,79,476	29.4	5.47	19.8%	19.2%	17.2%	2.2%	−0.1%	2.79%	plus 29.3%
LTMLTM	4,338.00	minus 1.25%	1,28,620	24.6	4.97	25.4%	21.0%	17.9%	8.4%	4.4%	1.80%	minus 21.8%
PERSISTENTPersistent Systems	6,053.50	minus 0.92%	99,859	53.0	11.12	29.4%	22.9%	16.9%	20.9%	26.5%	0.59%	plus 4.3%
AVANCEAvance Technologies	0.78	minus 3.70%	155	11.1	0.40	2.4%	3.4%	0.2%	73.4%	219.4%	0.00%	minus 13.3%
Median of 7 peers	–	0.11%	1,95,898	21.3	5.20	27.2%	22.9%	19.2%	6.7%	5.2%	2.79%	−16.5%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
37.4	41.4	49.5	30.9	60.6
36.7	43.1	48.4	31.5	59.1
0.7	−1.7	1.1	−0.5	1.5
1.8%	−4.2%	2.3%	−1.8%	2.5%
0.9	1	0.9	11	0.9
0	0	0	0.1	0
–	0	0	−0	0
1.6	−0.8	2	10.4	2.5
–	–	–	0.1%	–
1.6	−0.8	2	10.4	2.5
0.01	–	0.01	0.05	0.01

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +73.4%
Profit CAGR 3Y: +219.4%
EPS CAGR 3Y: +222.0%
ROE: 2.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
30.5	144	172	159
–	+372.6%	+19.0%	minus 7.3%
30	142	167	160
0.5	2.5	5.2	−0.5
1.6%	1.7%	3.0%	−0.3%
−0	2.5	2.2	13.8
–	–	–	0
0	0	0	–
0.5	5	7.3	13.2
19.2%	3.0%	27.8%	0.0%
0.4	4.9	5.3	13.2
–	+1102.5%	+8.6%	+149.6%
0.00	0.02	0.03	0.07

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
198	198	198	198
173	178	183	196
–	–	55.8	164
63.4	113	63.3	90.8
435	489	500	649
–	–	–	0
237	211	202	158
39.6	54.3	53.6	82
158	224	245	409
435	489	500	649

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.2	30.5	−67.6	−137
7.4	25.9	17.6	57.5
−13.5	−41.6	55.8	108
0	14.7	5.7	28.5
–	–	–	−0
6.2	30.5	−67.6	−137

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you