Avance Technologies Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Avance Technologies Limited's yearly results (2023–2026), compared with Technology companies in India. Tap ? on any ratio for what it means.
What stands out
- Profit Cash Ratio: Over the last 3 years, every ₹100 of reported profit came with ₹-744 of operating cash. Lower than almost all Technology companies in India.
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies. More tangible than 98% of Technology companies in India.
- Tangible Assets Ratio: Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. More tangible than 97% of Technology companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹-744Over the last 3 years, every ₹100 of reported profit came with ₹-744 of operating cash.
Lower than almost all Technology companies in India.
Self-Funding Ratio
—Data incomplete
Cash Locked Ratio
₹27For every ₹100 of sales, ₹27 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹181 from others' credit three years earlier.
More money tied up than 66% of Technology companies in India.
Growth quality
Steadiness Ratio
2/3 · 3/3Sales grew in 2 of the last 3 years; profit grew in 3 of 3.
Steadier than 52% of Technology companies in India.
Growth Efficiency Ratio
₹10Sales grew 422% in 3 years; of every extra ₹100 of sales, ₹10 became extra profit.
Higher than 50% of Technology companies in India.
Asset Productivity Ratio
+422% / +49%In 3 years sales changed by +422% while total assets changed by +49%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
-7.9×Operating cash was negative last year, while some debt falls due within a year.
Lower than 97% of Technology companies in India.
Cash Cushion Ratio
−65%Debt, after subtracting cash, equals 65% of its market value (net debt).
Lower than 97% of Technology companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 97% of Technology companies in India.
Tangible Net Worth Ratio
100%Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 98% of Technology companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
Avance Technologies Limited owes ₹0.39 for every ₹1 it owns. Net profit rose 150% in the year to Mar 2026, and grew 219% a year on average over 3 years.
Compared with Technology companies in India · latest annual results Mar 2026.
P/E ratio
9.1Investors pay ₹9.1 for every ₹1 of Avance Technologies Limited's yearly profit, lower than 91% of Technology companies in India.
P/B ratio
0.32The share price is 0.32 times Avance Technologies Limited's book value per share, lower than 98% of Technology companies in India.
Market cap
₹127 CrThe total market value of all of Avance Technologies Limited's shares at today's price (share price × number of shares), smaller than 89% of Technology companies in India. PosiCap size class: Micro Cap.
Net worth (book value)
₹394 CrWhat Avance Technologies Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹1.99Net worth divided by the number of shares. The share price of ₹0.64 is 0.3 times this, which is the P/B above.
Return on equity (ROE)
3.7%Avance Technologies Limited earned 3.7% on its shareholders' money over the last year, lower than 84% of Technology companies in India.
Owes vs Owns
0.39×Avance Technologies Limited owes ₹0.39 for every ₹1 it owns (low), higher than 55% of Technology companies in India.
Dividend yield
NoneAvance Technologies Limited does not currently pay a dividend.
Revenue growth
-7%Revenue fell 7% in the year to Mar 2026, and grew 73% a year on average over 3 years.
Profit growth
+150%Net profit rose 150% in the year to Mar 2026, and grew 219% a year on average over 3 years.
Profit margin
8.3%Avance Technologies Limited keeps ₹8 of every ₹100 of revenue as net profit.
Cash quality
-10.4×Cash from Avance Technologies Limited's business was -10.4× its reported profit in the year to Mar 2026 — the business used cash even though it reported a profit.
Cash vs debt
Net debtAvance Technologies Limited had ₹82 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Avance Technologies Limited's P/E ratio?
Investors pay ₹9.1 for every ₹1 of Avance Technologies Limited's yearly profit, lower than 91% of Technology companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Avance Technologies Limited: ₹127 Cr ÷ ₹394 Cr (31 Mar 2026) = 0.3.
What is Avance Technologies Limited's return on equity?
Avance Technologies Limited earned 3.7% on its shareholders' money over the last year, lower than 84% of Technology companies in India.
How much does Avance Technologies Limited owe compared with what it owns?
Avance Technologies Limited owes ₹0.39 for every ₹1 it owns (low), higher than 55% of Technology companies in India.
Does Avance Technologies Limited pay a dividend?
No. Avance Technologies Limited does not currently pay a dividend.
Is Avance Technologies Limited's revenue growing?
Revenue fell 7% in the year to Mar 2026, and grew 73% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.