Advance Multitech Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L51494GJ1979PLC006698 Incorporated 16 April 1979 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 526331 Public Limited Company manufacturing MSME · Small
Market Cap
₹188 Cr
ADVMULT · BSE
Share Price
₹484.95
+4.99% today
Revenue
₹0.87 Cr
FY 2025-26 · -91.0% YoY
EBITDA
−₹2.06 Cr
Margin -236.8%
Net Profit
₹1.45 Cr
FY 2025-26 · +353.1% YoY
P/E (TTM)
10.4x
P/B 6.8x
ROE
-19.7%
ROCE -17.7%
Debt / Equity
0.12
Interest cover -0.5x

About Advance Multitech Limited

Data last updated:

Advance Multitech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 16 April 1979 and has been in existence for over 47 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51494GJ1979PLC006698. Its GSTIN is 24AABCA8295M1Z9 (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 526331.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.03 Cr. It is led by directors including Arvind Vishwanath Goenka (Managing Director) and Hiral Rajeshkumar Shah.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 36 Kothari Marketkankaria Road 22, Ahmedabad, Gujarat, India – 380022.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹87 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Cr (net margin 166.7%) and EBITDA of -₹2.06 Cr (EBITDA margin -236.8%). The net worth stands at ₹11.41 Cr (up 14.7% YoY). Total assets are valued at ₹11.97 Cr (up 0.6% YoY).

The company has about 21 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Advance Multitech Limited. As per MCA filings, the company has open charges of ₹13.91 Cr and satisfied charges of ₹30 Lakh on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 3 cases are pending.

Advance Multitech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0051211). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advancemulti.com.

Company details

CIN L51494GJ1979PLC006698
Registration Number 006698
Incorporation Date 16 April 1979
ROC Ahmedabad
Listing Status Listed - Listed on BSE (526331)
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0051211

CIN history

Advance Multitech has one previous CIN (Corporate Identification Number): U51494GJ1979PLC006698. The current CIN is L51494GJ1979PLC006698, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51494GJ1979PLC006698Current
U51494GJ1979PLC006698Previous

Recognitions & Rankings of Advance Multitech

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0051211

Contact details

Advance Multitech Limited's registered office is in Ahmedabad, Gujarat. Its website is advancemulti.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    36 Kothari Marketkankaria Road 22, Ahmedabad, Gujarat, India – 380022
  • Industry
    Manufacturing, Rubber-Based Products

To see the full contact details of Advance Multitech Limited, buy the company report.

Comprehensive company report
Advance Multitech Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Advance Multitech operates one associated brand: Advance Multitech Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Rubber manufacturing, coated fabrics, and industrial products in Ahmedabad.advancemulti.com

Business activity

The main business activity of Advance Multitech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Advance Multitech Limited, buy the company report.

Financials of Advance Multitech Limited

FY 2025-26 filings available

Advance Multitech Limited reported revenue of ₹87 Lakh (down 91% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.87 Cr
-91.0% YoY
EBITDA
−₹2.06 Cr
-724.2% YoY
Profit After Tax
₹1.45 Cr
+353.1% YoY
Net Worth
₹11.41 Cr
+14.7% YoY
Total Assets
₹11.97 Cr
+0.6% YoY
Total Debt
₹0.57 Cr
-70.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.879.687.848.6910.019.7417.69
Revenue growth-91.0%+23.5%-9.8%-13.2%+2.8%-44.9%-
EBITDA(2.06)0.33(6.42)0.960.580.991.19
EBITDA margin-236.8%+3.4%-81.9%+11.1%+5.8%+10.2%+6.7%
Profit before tax1.460.42(6.94)7.430.070.000.18
Net profit1.450.32(6.82)7.400.090.000.08
Net profit margin+166.7%+3.3%-87.0%+85.2%+0.9%0.0%+0.5%
EPS (₹)3.610.88(16.94)18.380.230.020.38
Balance sheet
Total assets11.9711.9012.4020.5514.5914.5214.28
Net worth11.419.959.5916.429.018.928.91
Total debt0.571.952.814.135.595.605.37
Cash & bank0.740.590.400.370.340.380.36
Net working capital9.217.417.927.057.947.656.84
Cash flow
Cash from operations(0.65)0.99(0.73)0.470.410.140.59
Cash from investing3.820.080.420.020.02(0.02)0.02
Cash from financing(3.03)(0.88)0.34(0.46)(0.47)(0.10)(0.55)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue0.250.000.320.120.380.068.481.17
Revenue growth (YoY)-34.2%-100.0%-96.2%-89.7%+1166.7%---
Other income10.434.873.610.320.000.00(0.25)(1.05)
Total expenses0.270.161.380.351.060.448.260.60
EBITDA(0.02)(0.16)(1.06)(0.23)(0.68)(0.38)0.220.57
EBITDA margin-8.0%--331.3%-191.7%-178.9%-633.3%+2.6%+48.7%
Depreciation0.020.020.000.030.030.030.030.07
Interest0.000.020.000.000.000.010.010.02
Profit before tax10.394.672.550.06(0.71)(0.42)(0.07)(0.57)
Tax0.000.380.010.000.000.000.080.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue0.250.000.320.120.380.068.481.17
Revenue growth (YoY)-34.2%-100.0%-96.2%-89.7%+1166.7%---
Other income10.434.873.610.320.000.00(0.25)(1.05)
Total expenses0.270.161.380.351.060.448.260.60
EBITDA(0.02)(0.16)(1.06)(0.23)(0.68)(0.38)0.220.57
EBITDA margin-8.0%--331.3%-191.7%-178.9%-633.3%+2.6%+48.7%
Depreciation0.020.020.000.030.030.030.030.07
Interest0.000.020.000.000.000.010.010.02
Profit before tax10.394.672.550.06(0.71)(0.42)(0.07)(0.57)
Tax0.000.380.010.000.000.000.080.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.879.687.848.6910.019.7417.69
Revenue growth-91.0%+23.5%-9.8%-13.2%+2.8%-44.9%-
Other income3.630.320.057.380.480.100.13
Total expenses2.939.3514.267.739.438.7516.50
Employee cost0.000.490.980.931.431.291.73
EBITDA(2.06)0.33(6.42)0.960.580.991.19
EBITDA margin-236.8%+3.4%-81.9%+11.1%+5.8%+10.2%+6.7%
Depreciation0.100.140.420.520.580.660.66
Interest0.010.090.150.390.410.430.48
Profit before tax1.460.42(6.94)7.430.070.000.18
Tax0.010.08(0.12)0.03(0.02)0.000.02
Net profit1.450.32(6.82)7.400.090.000.08
Net profit margin+166.7%+3.3%-87.0%+85.2%+0.9%0.0%+0.5%
EPS (₹)3.610.88(16.94)18.380.230.020.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4.034.034.034.034.034.034.03
Reserves & surplus7.385.925.5612.394.984.894.88
Shareholders' funds (net worth)11.419.959.5916.429.018.928.91
Secured loans0.000.000.001.863.453.603.20
Unsecured loans0.571.952.812.272.142.002.17
Total debt0.571.952.814.135.595.605.37
Total liabilities11.9711.9012.4020.5514.5914.5214.28
Assets
Gross block3.063.063.0714.2114.2114.1614.15
Net block0.880.981.135.385.906.437.08
Capital work in progress0.000.000.000.000.000.040.00
Investments2.093.693.458.300.940.570.57
Inventories2.812.963.754.296.015.985.21
Sundry debtors0.394.295.084.647.355.596.34
Cash & bank balances0.740.590.400.370.340.380.36
Loans & advances5.403.870.260.270.250.230.26
Total current assets9.3411.719.499.5713.9512.1812.17
Total current liabilities0.134.301.572.526.014.535.33
Net working capital9.217.417.927.057.947.656.84
Total assets11.9711.9012.4020.5514.5914.5214.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.590.400.370.340.380.360.30
Net cash from operating activities(0.65)0.99(0.73)0.470.410.140.59
Net cash from investing activities3.820.080.420.020.02(0.02)0.02
Net cash from financing activities(3.03)(0.88)0.34(0.46)(0.47)(0.10)(0.55)
Net change in cash0.150.190.030.03(0.04)0.020.06
Closing cash0.740.590.400.370.340.380.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-91.0%+23.5%-9.8%-13.2%+2.8%-44.9%-
EBITDA growth-724.2%+105.1%-768.8%+65.5%-41.4%-16.8%-
PBT growth+247.6%+9998.0%--+9997.0%+9997.0%-61.7%
Net income growth+353.1%+104.7%-192.2%+8122.2%--100.0%-
Revenue CAGR (3Y)-53.6%-1.1%-7.0%-21.1%-12.4%-10.7%+11.7%
EBITDA CAGR (3Y)--17.1%--6.9%-28.7%-18.7%-7.2%
Profitability & leverage
Net income margin+166.7%+3.5%-87.0%+85.2%+0.9%0.0%+0.9%
Return on capital employed-17.7%+4.4%-41.2%+44.6%+3.3%+3.1%+4.0%
Return on net worth-19.7%+3.7%-52.4%+58.3%+1.0%+0.1%+0.8%
Debt / equity0.120.240.270.380.620.620.60
Long-term debt / equity0.120.240.200.180.270.270.26
Interest cover-0.4647.37-2.1988.64-130.3090.57
Efficiency & per share
Fixed asset turnover0.283.160.910.610.710.691.26
Inventory turnover0.302.891.951.691.671.743.51
Debtors turnover0.372.071.611.451.551.632.79
EPS (₹)3.610.88(16.94)18.380.230.020.38
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)28.3124.6923.8140.7522.3722.1422.12

To see the full year-wise statements and ratios of Advance Multitech Limited, buy the company report.

Board of directors of Advance Multitech Limited

Advance Multitech has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvind Vishwanath GoenkaManaging Director09 Jul 199036 Years 4 MonthsCurrent
Hiral Rajeshkumar ShahAdditional Director17 Oct 20251 Years 0 MonthsCurrent
Ravindrakumar Laljibhai MehtaAdditional Director17 Oct 20251 Years 0 MonthsCurrent
Govind Ganpatlal ShahAdditional Director17 Oct 20251 Years 0 MonthsCurrent
Minaxi Govind ShahAdditional Director17 Oct 20251 Years 0 MonthsCurrent

Peer comparison

Advance Multitech Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hitashi Rubber Private Limited₹10.12 Cr (FY 2025)26.0%New Delhi, Delhi, India
Comfortx Innovation Private Limited₹10.03 Cr (FY 2025)18.0%Visnagar, Gujarat, India
Techtronic Engineering Private Limited₹10.01 Cr (FY 2025)79.0%Howrah, West Bengal, India
Sigma Rollers Private Limited₹10.01 Cr (FY 2024)23.0%New Delhi, Delhi, India
Durgeshwari Rubplast Private Limited₹9.95 Cr (FY 2024)19.0%Gurgaon, Haryana, India
Hindustan Rubbers Industries Private Limited₹9.94 Cr (FY 2024)26.0%Mumbai, Maharashtra, India
Geeta Polyweaves Private Limited₹9.78 Cr (FY 2025)11.0%Kanpur, Uttar Pradesh, India
Advance Multitech Limitedthis company₹87 Lakh (FY 2026)₹1.45 Cr166.7%-91.0%21Ahmedabad, Gujarat, India

To see the full peer comparison of Advance Multitech Limited, buy the company report.

Auditor

Advance Multitech Limited is audited by Suresh R Shah & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Suresh R Shah & AssociatesFY 2023110691W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 40.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 59.30%.

Promoters: 40.70%Retail & Others: 59.30%
Sep 2026
QUARTER
40.70% Promoters
59.30% Retail & Others
Promoter holding - history
Now 40.70% · Sep 2026High 40.70% · Dec 2025Low 40.70% · Dec 2025
39%39.8%40.5%41.3%42%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 40.70%Mar 2026: 40.70%Jun 2026: 40.70%Sep 2026: 40.70%40.70%40.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters40.70%40.70%40.70%40.70%
Public59.30%59.30%59.30%59.30%

Charges & borrowings

Open charges
₹13.91 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Oriental Bank of Commerce₹8.19 Cr
Others₹5.73 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jun 2020100353703Others₹59.75 LakhOpen
13 Mar 201310417601Oriental Bank of Commerce₹4.29 CrOpen
20 Mar 201210344199Others₹5.13 CrOpen
20 Mar 201210344206Oriental Bank of Commerce₹3.9 CrOpen
15 Jun 200580050534Union Bank of India₹30 LakhSatisfied

To see the full charge records of Advance Multitech Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Advance Multitech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Advance Multitech Limited has a workforce of 21 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
-8.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2024-2521
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Advance Multitech Limited, buy the company report.

GST

Advance Multitech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCA8295M1Z9GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Advance Multitech Limited, buy the company report.

Recent activity

Advance Multitech Limited has 31 board changes on record since 1990: 18 appointments and 13 cessations. The latest: Aanchal Arvind Goenka ceased to be Director on 17 Oct 2025.

Filing
Advance Multitech Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Ceased
Aanchal Arvind Goenka ceased to be Director.
Appointed
Govind Ganpatlal Shah was appointed as Additional Director.
Appointed
Hiral Rajeshkumar Shah was appointed as Additional Director.
Appointed
Minaxi Govind Shah was appointed as Additional Director.
Ceased
Nishit Bharatbhai Popat ceased to be Director.
Ceased
Priyanka K Gola ceased to be Director.
Appointed
Ravindrakumar Laljibhai Mehta was appointed as Additional Director.
AGM
Advance Multitech Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Chetan Popatlal Patel ceased to be Director.
Ceased
Nirish Jagabhai Parikh ceased to be Director.
Appointed
Nishit Bharatbhai Popat was appointed as Director.

29 earlier events are in the company report.

Frequently asked questions

Advance Multitech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 16 April 1979 (47+ years old) and is registered under CIN L51494GJ1979PLC006698. Listed on BSE: 526331.

Advance Multitech reported revenue of ₹87 Lakh for FY 2025-26 (down 91% YoY) based on standalone financials.

Advance Multitech has 5 current directors:

The latest financial statements of Advance Multitech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Advance Multitech is 24AABCA8295M1Z9, registered in Gujarat.

The CIN (Corporate Identification Number) of Advance Multitech is L51494GJ1979PLC006698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Advance Multitech is a listed company as per MCA records. Its shares are listed on BSE (code: 526331).

Advance Multitech has 9 court cases on record: 5 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.

Advance Multitech was incorporated on 16 April 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Advance Multitech by revenue are Hitashi Rubber Private Limited, Comfortx Innovation Private Limited, Techtronic Engineering Private Limited, Sigma Rollers Private Limited, Durgeshwari Rubplast Private Limited and 2 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Aanchal Arvind Goenka ceased to be Director on 17 Oct 2025. Govind Ganpatlal Shah was appointed as Additional Director on 17 Oct 2025. Hiral Rajeshkumar Shah was appointed as Additional Director on 17 Oct 2025. Advance Multitech has 31 board changes on record in total.