down arrow

Avance Tech.

  • Market Cap: Micro Cap
  • Industry: Software Products
  • ISIN: INE758A01072
  • NSEID: AVANCE
  • BSEID: 512149
  • View on NSE | View on BSE
INR
0.81
-0.03 (-3.57%)
BSENSE

Sep 24, 03:30 PM

BSE+NSE Vol: 34.92 lacs

Access older stock analysis version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Infinity Infoway
Ace Soft. Exp.
Artificial Elect
Cranes Software
Intense Tech.
Avance Tech.
Atishay
ABM Knowledge
Virinchi
Xelpmoc Design
Omega Interactiv

Why is Avance Technologies Ltd ?

1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 1.54%
  • Poor long term growth as Operating profit has grown by an annual rate 1.96% of over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of -164.06 times
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Avance Tech. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Avance Tech.
-69.2%
-1.33
52.01%
Sensex
-9.96%
-0.74
13.51%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
180.26%
EBIT Growth (5y)
1.96%
EBIT to Interest (avg)
1.96
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.21
Sales to Capital Employed (avg)
0.32
Tax Ratio
0.07%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
0.60%
ROE (avg)
1.54%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
12
Industry P/E
22
Price to Book Value
0.41
EV to EBIT
244.54
EV to EBITDA
244.54
EV to Capital Employed
0.51
EV to Sales
1.34
PEG Ratio
0.06
Dividend Yield
NA
ROCE (Latest)
-0.10%
ROE (Latest)
3.36%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

21What is working for the Company
NET SALES(Q)

At Rs 60.65 cr has Grown at 52.3% (vs previous 4Q average

PAT(9M)

Higher at Rs 14.85 Cr

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 48.98 cr

PBDIT(Q)

Highest at Rs 1.53 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 2.52%

PBT LESS OI(Q)

Highest at Rs 1.53 cr.

-8What is not working for the Company
PAT(Q)

At Rs 2.47 cr has Fallen at -25.3% (vs previous 4Q average

INVENTORY TURNOVER RATIO(HY)

Lowest at 1.75 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 3.78 times

Loading Valuation Snapshot...

Here's what is working for Avance Tech.

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 1.53 cr has Grown at 1120.0% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -0.15 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Net Sales - Quarterly
At Rs 60.65 cr has Grown at 52.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 39.82 Cr
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Net Sales - Quarterly
Highest at Rs 60.65 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 1.53 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Highest at 2.52%
in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 1.53 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Cash and Cash Equivalents - Half Yearly
Highest at Rs 48.98 cr
in the last six half yearly periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for Avance Tech.

Profit After Tax (PAT) - Quarterly
At Rs 2.47 cr has Fallen at -25.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 3.31 Cr
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Inventory Turnover Ratio- Half Yearly
Lowest at 1.75 times and Fallen
each half year in the last five half yearly periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio- Half Yearly
Lowest at 3.78 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio

Footer loading