What does Avance Tech. do?
Avance Technologies Ltd provides software solutions for communication between IT back-end systems and mobile phones via SMS services. It was incorporated in 1985, has a market cap of Rs 157 Cr, and reported net sales of 48 Cr with a net profit of -1 Cr for the quarter ending March 2025.
Overview: Avance Technologies Ltd operates in the software products industry, specifically providing solutions that enable communication between various IT back-end systems and mobile phones through SMS services, and it is categorized as a micro-cap company.History:
Avance Technologies Ltd was incorporated in 1985 as VMC Software Limited and changed its name to Avance Technologies Limited in March 2003. The most recent quarterly results reported net sales and net profit for the period ending March 2025.
Financial Snapshot:
Most recent Net Sales: 48 Cr (Quarterly Results - Mar 2025)
Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025)
Market-cap value: Rs 157 Cr (Micro Cap)
Key Metrics:
P/E: 30.00
Industry P/E: 30
Dividend Yield: 0.00%
Debt Equity: 0.05
Return on Equity: 1.40%
Price to Book: 0.41
Contact Details:
Address: 7 Aidun Building 5 Th Floor, Near Metro New Marine Lines Mumbai Maharashtra : 400002
Tel: 9987053725
Email: info@avance.in/avancetechnologieslt
Website: http://www.avance.in
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