About Avance Technologies Limited
Data last updated: 15 July 2026
Avance Technologies Limited is a public limited company based in Goregaon East, Maharashtra, India. It specialises in mobile value-added services (vas), a part of the broader telecommunications sector. Incorporated on 30 January 1985, the company has been in operation for over 41 years.
Registered with ROC Mumbai under CIN L51900MH1985PLC035210. Listed on BSE: 512149.
Capital: an authorised share capital of ₹65 Cr and a paid-up capital of ₹198.19 Cr. It is led by directors including Vasant Tukaram Bhoir and Sanjay Atmaram Devlekar.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Goregaon East, Maharashtra.
As per BSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹159.26 Cr, a decline of 7.28% compared to the previous year. The net worth stands at ₹394.16 Cr (up 4% YoY). Total assets are valued at ₹649.01 Cr (up 30.02% YoY).
The company is associated with 1 brand - Avance. As per MCA filings, the company has open charges of ₹14.68 Lakh and satisfied charges of ₹152.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avance.in.
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Registered Address404 Corporate Annexe Sonawala Road, Goregaon (East) Mumbai, Goregaon East, Maharashtra, India – 400063
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IndustryTelecom, Mobile Value-Added Services (VAS)
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Avance Technologies Limited
Avance Technologies Limited has one previous CIN (Corporate Identification Number): U51900MH1985PLC035210. The current CIN is L51900MH1985PLC035210, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51900MH1985PLC035210 | Current |
| U51900MH1985PLC035210 | Previous |
Associated Brands with Avance Technologies Limited
Avance Technologies Limited operates one associated brand: Avance. These brands represent Avance Technologies Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Avance Technologies Limited
Brands and companies operating in the same space as Avance Technologies Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
|
Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
|
Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
|
Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
|
Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
|
Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
|
Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Accenture
|
IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
UST
|
High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Avance Technologies Limited
Avance Technologies Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Avance Technologies Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Avance Technologies Limited
Avance Technologies Limited is audited by A.RAGHAVENDRA RAO & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| A.RAGHAVENDRA RAO & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Avance Technologies Limited
Avance Technologies Limited is currently managed by 8 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Avance Technologies Limited FY 2026 filings available
Avance Technologies Limited reported revenue of ₹159.26 Cr (down 7.28% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹159.26 Cr | ₹171.77 Cr | ₹144.29 Cr |
| Other Income | ₹13.84 Cr | ₹2.2 Cr | ₹2.53 Cr |
| Total Income | ₹173.1 Cr | ₹173.96 Cr | ₹146.82 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹214.2 Cr | ₹182.15 Cr | ₹154.38 Cr |
| Changes in Inventories | -₹55.16 Cr | -₹16.08 Cr | -₹12.97 Cr |
| Employee Benefit Expense | ₹15.19 Lakh | ₹13.84 Lakh | ₹8.62 Lakh |
| Finance Costs | ₹8.2 Lakh | ₹1.57 Lakh | ₹2,700 |
| Depreciation & Amortisation | ₹2,000 | ₹0 | ₹0 |
| Other Expenses | ₹58.45 Lakh | ₹92.35 Lakh | ₹29.36 Lakh |
| Total Expenses | ₹159.86 Cr | ₹167.15 Cr | ₹141.79 Cr |
| Profit Before Exceptional Items & Tax | ₹13.24 Cr | ₹6.81 Cr | ₹5.03 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹13.24 Cr | ₹6.81 Cr | ₹5.03 Cr |
| Total Tax Expense | ₹56,000 | ₹1.51 Cr | ₹15 Lakh |
| Net Profit | ₹13.24 Cr | ₹5.3 Cr | ₹4.88 Cr |
| attributable to Owners | ₹0 | - | ₹0 |
| attributable to NCI | ₹0 | - | ₹0 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹13.24 Cr | ₹5.3 Cr | ₹4.88 Cr |
| EBITDA (computed) | ₹13.32 Cr | ₹6.83 Cr | ₹5.03 Cr |
| Basic EPS | ₹0.07 | ₹0.03 | ₹0.25 |
| Diluted EPS | ₹0.07 | ₹0.03 | ₹0.25 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹649.01 Cr | ₹499.16 Cr | ₹489.15 Cr |
| Non-current Assets | ₹413.29 Cr | ₹393.58 Cr | ₹403.01 Cr |
| Current Assets | ₹235.72 Cr | ₹105.59 Cr | ₹86.15 Cr |
| Property, Plant & Equipment | ₹53,000 | ₹0 | ₹0 |
| Inventories | ₹90.8 Cr | ₹35.63 Cr | ₹19.55 Cr |
| Trade Receivables | ₹42.13 Cr | ₹10.75 Cr | ₹12.14 Cr |
| Cash & Equivalents | ₹1.52 Lakh | ₹6.54 Cr | ₹2.37 Lakh |
| Equity (Net Worth) | ₹394.16 Cr | ₹379.02 Cr | ₹376.15 Cr |
| Equity Share Capital | ₹198.19 Cr | ₹198.19 Cr | ₹198.19 Cr |
| Borrowings (Non-current) | ₹146.67 Cr | ₹57.19 Cr | ₹0 |
| Borrowings (Current) | ₹17.39 Cr | ₹0 | ₹0 |
| Total Debt (computed) | ₹164.06 Cr | ₹57.19 Cr | ₹0 |
| Current Liabilities | ₹108.19 Cr | ₹62.95 Cr | ₹113 Cr |
| Total Liabilities | ₹254.85 Cr | ₹120.15 Cr | ₹113 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | -₹137.2 Cr | -₹80.75 Cr | ₹30.5 Cr |
| Investing Cash Flow | ₹57.48 Cr | ₹15.37 Cr | ₹25.87 Cr |
| Financing Cash Flow | ₹108.19 Cr | ₹59.38 Cr | -₹41.62 Cr |
| Capital Expenditure | ₹55,000 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹137.2 Cr | -₹80.75 Cr | ₹30.5 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹28.47 Cr | -₹6.01 Cr | ₹14.74 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹30.94 Cr | ₹49.5 Cr | ₹41.4 Cr | ₹37.42 Cr | ₹48.31 Cr | ₹32.38 Cr | ₹44.21 Cr | ₹46.86 Cr |
| Other Income | ₹10.98 Cr | ₹94.25 Lakh | ₹96.65 Lakh | ₹94.82 Lakh | ₹2.01 Cr | ₹19.11 Lakh | ₹0 | ₹0 |
| Total Income | ₹41.92 Cr | ₹50.44 Cr | ₹42.37 Cr | ₹38.37 Cr | ₹50.32 Cr | ₹32.57 Cr | ₹44.21 Cr | ₹46.86 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹54.28 Cr | ₹73.02 Cr | ₹60.84 Cr | ₹26.06 Cr | ₹56.32 Cr | ₹27.63 Cr | ₹45.98 Cr | ₹52.22 Cr |
| Changes in Inventories | -₹22.92 Cr | -₹24.69 Cr | -₹17.84 Cr | ₹10.28 Cr | -₹6.78 Cr | ₹3.1 Cr | -₹4.58 Cr | -₹7.82 Cr |
| Employee Benefit Expense | ₹5.23 Lakh | ₹15,000 | ₹2.64 Lakh | ₹3.24 Lakh | ₹5.27 Lakh | ₹3.34 Lakh | ₹2.87 Lakh | ₹1.42 Lakh |
| Finance Costs | ₹7.41 Lakh | ₹4.11 Lakh | ₹59,000 | ₹6,000 | ₹68,000 | ₹1.82 Lakh | ₹1,300 | ₹500 |
| Depreciation & Amortisation | -₹1.12 Lakh | ₹57,000 | ₹56,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹5.92 Lakh | ₹4.99 Lakh | ₹9.73 Lakh | ₹37.73 Lakh | ₹57.37 Lakh | ₹4.69 Lakh | ₹4.77 Lakh | ₹25.52 Lakh |
| Total Expenses | ₹31.54 Cr | ₹48.43 Cr | ₹43.14 Cr | ₹36.75 Cr | ₹50.17 Cr | ₹30.83 Cr | ₹41.48 Cr | ₹44.67 Cr |
| Profit Before Exceptional Items & Tax | ₹10.38 Cr | ₹2.01 Cr | -₹77.07 Lakh | ₹1.62 Cr | ₹14.77 Lakh | ₹1.74 Cr | ₹2.73 Cr | ₹2.19 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹10.38 Cr | ₹2.01 Cr | -₹77.07 Lakh | ₹1.62 Cr | ₹14.77 Lakh | ₹1.74 Cr | ₹2.73 Cr | ₹2.19 Cr |
| Total Tax Expense | ₹56,000 | ₹0 | ₹0 | ₹0 | ₹1.51 Cr | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹10.37 Cr | ₹2.01 Cr | -₹77.07 Lakh | ₹1.62 Cr | -₹1.36 Cr | ₹1.74 Cr | ₹2.73 Cr | ₹2.19 Cr |
| attributable to Owners | ₹0 | ₹0 | ₹0 | ₹0 | - | - | - | ₹0 |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | - | - | - | ₹0 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹10.37 Cr | ₹2.01 Cr | -₹77.07 Lakh | ₹1.62 Cr | -₹1.36 Cr | ₹1.74 Cr | ₹2.73 Cr | ₹2.19 Cr |
| EBITDA (computed) | ₹10.44 Cr | ₹2.06 Cr | -₹75.92 Lakh | ₹1.62 Cr | ₹15.45 Lakh | ₹1.76 Cr | ₹2.73 Cr | ₹2.19 Cr |
| Basic EPS | ₹0.05 | ₹0.01 | ₹0.00 | ₹0.01 | ₹0.01 | ₹0.01 | ₹0.01 | ₹0.01 |
| Diluted EPS | ₹0.05 | ₹0.01 | ₹0.00 | ₹0.01 | ₹0.01 | ₹0.01 | ₹0.01 | ₹0.01 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹101.08 Cr | ₹57.93 Cr | ₹69.29 Cr | ₹30.53 Cr | ₹11.52 Cr | ₹4.3 Lakh | ₹29.96 Lakh | ₹3.4 Cr |
| Other Income | ₹13.81 Cr | ₹2.18 Cr | ₹2.53 Cr | ₹0 | ₹1.63 Lakh | ₹12.57 Lakh | ₹2.92 Lakh | ₹87.23 Lakh |
| Total Income | ₹114.89 Cr | ₹60.11 Cr | ₹71.82 Cr | ₹30.53 Cr | ₹11.53 Cr | ₹16.86 Lakh | ₹32.88 Lakh | ₹4.27 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹101.09 Cr | ₹56.57 Cr | ₹62.72 Cr | ₹32.59 Cr | ₹15.69 Cr | ₹0 | ₹16.58 Lakh | ₹3.02 Cr |
| Changes in Inventories | -₹1,000 | ₹0 | ₹6.59 Cr | -₹2.81 Cr | -₹3.78 Cr | ₹0 | ₹0 | ₹35.34 Lakh |
| Employee Benefit Expense | ₹7.87 Lakh | ₹3,000 | ₹8.12 Lakh | ₹10.54 Lakh | ₹5.71 Lakh | ₹2.22 Lakh | ₹5.24 Lakh | ₹3.01 Lakh |
| Finance Costs | ₹0 | ₹11.36 Lakh | ₹2,700 | ₹800 | ₹200 | ₹1,000 | ₹500 | ₹3,600 |
| Depreciation & Amortisation | ₹2,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹49.61 Lakh | ₹74.39 Lakh | ₹21.05 Lakh | ₹14.62 Lakh | ₹17.86 Lakh | ₹22.43 Lakh | ₹9.04 Lakh | ₹10.91 Lakh |
| Total Expenses | ₹101.67 Cr | ₹57.43 Cr | ₹69.59 Cr | ₹30.03 Cr | ₹12.15 Cr | ₹24.66 Lakh | ₹30.87 Lakh | ₹3.52 Cr |
| Profit Before Exceptional Items & Tax | ₹13.22 Cr | ₹2.68 Cr | ₹2.23 Cr | ₹50.27 Lakh | -₹61.59 Lakh | -₹7.8 Lakh | ₹2.01 Lakh | ₹75.32 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹27.49 Cr | -₹50.64 Cr | ₹0 |
| Profit Before Tax | ₹13.22 Cr | ₹2.68 Cr | ₹2.23 Cr | ₹50.27 Lakh | -₹61.59 Lakh | -₹27.57 Cr | -₹50.62 Cr | ₹75.32 Lakh |
| Total Tax Expense | ₹63.3 Lakh | ₹61 Lakh | ₹15 Lakh | ₹9.67 Lakh | ₹0 | ₹0 | ₹0 | ₹19.64 Lakh |
| Net Profit | ₹12.59 Cr | ₹2.07 Cr | ₹2.08 Cr | ₹40.6 Lakh | -₹61.59 Lakh | -₹27.57 Cr | -₹50.62 Cr | ₹55.68 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹39.34 Cr | ₹0 |
| Total Comprehensive Income | ₹12.59 Cr | ₹2.07 Cr | ₹2.08 Cr | ₹40.6 Lakh | -₹61.59 Lakh | -₹27.57 Cr | -₹89.96 Cr | ₹55.68 Lakh |
| EBITDA (computed) | ₹13.22 Cr | ₹2.8 Cr | ₹2.23 Cr | ₹50.28 Lakh | -₹61.59 Lakh | -₹7.79 Lakh | ₹2.02 Lakh | ₹75.35 Lakh |
| Basic EPS | ₹0.06 | ₹0.01 | ₹0.01 | ₹0.01 | ₹-0.03 | ₹-1.39 | ₹-2.55 | ₹0.03 |
| Diluted EPS | ₹0.06 | ₹0.01 | ₹0.01 | ₹0.01 | ₹-0.03 | ₹-1.39 | ₹-2.55 | ₹0.03 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹450.71 Cr | ₹436.02 Cr | ₹429.04 Cr | ₹434.7 Cr | ₹426.97 Cr | ₹300.28 Cr | ₹474.57 Cr | ₹572.42 Cr |
| Non-current Assets | ₹384.41 Cr | ₹394.52 Cr | ₹381.39 Cr | ₹387.25 Cr | ₹381.09 Cr | ₹299.15 Cr | ₹305.67 Cr | ₹401.34 Cr |
| Current Assets | ₹66.29 Cr | ₹41.5 Cr | ₹47.66 Cr | ₹47.45 Cr | ₹45.88 Cr | ₹1.04 Cr | ₹168.9 Cr | ₹171.08 Cr |
| Property, Plant & Equipment | ₹53,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Inventories | ₹1,000 | ₹0 | ₹0 | ₹6.59 Cr | ₹3.78 Cr | ₹0 | ₹19.99 Cr | ₹19.99 Cr |
| Trade Receivables | ₹31.79 Cr | ₹7.84 Cr | ₹7.92 Cr | ₹1.15 Cr | ₹2.4 Cr | ₹0 | ₹3.05 Cr | ₹3.59 Cr |
| Cash & Equivalents | ₹1.52 Lakh | ₹2.1 Lakh | ₹2.37 Lakh | ₹1.76 Lakh | ₹1,000 | ₹1,800 | ₹1,800 | ₹13,900 |
| Equity (Net Worth) | ₹388.01 Cr | ₹375.42 Cr | ₹373.35 Cr | ₹371.27 Cr | ₹370.86 Cr | ₹269.66 Cr | ₹297.22 Cr | ₹387.18 Cr |
| Equity Share Capital | ₹198.19 Cr | ₹198.19 Cr | ₹198.19 Cr | ₹198.19 Cr | ₹198.19 Cr | ₹198.19 Cr | ₹198.19 Cr | ₹198.19 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹145.96 Cr | ₹145.96 Cr |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹145.96 Cr | ₹145.96 Cr |
| Current Liabilities | ₹62.7 Cr | ₹60.6 Cr | ₹55.69 Cr | ₹63.43 Cr | ₹56.11 Cr | ₹30.63 Cr | ₹177.35 Cr | ₹185.24 Cr |
| Total Liabilities | ₹62.7 Cr | ₹60.6 Cr | ₹55.69 Cr | ₹63.43 Cr | ₹56.11 Cr | ₹30.63 Cr | ₹177.35 Cr | ₹185.24 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹86.55 Cr | -₹6.2 Cr | -₹5.85 Cr | ₹6.16 Cr | ₹18.67 Cr |
| Investing Cash Flow | ₹86.42 Cr | ₹6.49 Cr | ₹34.65 Cr | ₹7.36 Cr | -₹81.05 Cr |
| Financing Cash Flow | ₹0 | ₹0 | -₹28.78 Cr | -₹13.51 Cr | ₹62.17 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹86.55 Cr | -₹6.2 Cr | -₹5.85 Cr | ₹6.16 Cr | ₹18.67 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹12.53 Lakh | ₹28.47 Lakh | ₹1.95 Lakh | ₹1.08 Lakh | -₹21.12 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹25.21 Cr | ₹25.5 Cr | ₹25.16 Cr | ₹25.21 Cr | ₹13.21 Cr | ₹20.17 Cr | ₹20.32 Cr | ₹4.23 Cr |
| Other Income | ₹10.98 Cr | ₹94.17 Lakh | ₹94.17 Lakh | ₹94.17 Lakh | ₹1.99 Cr | ₹19 Lakh | ₹0 | ₹0 |
| Total Income | ₹36.19 Cr | ₹26.45 Cr | ₹26.11 Cr | ₹26.15 Cr | ₹15.2 Cr | ₹20.36 Cr | ₹20.32 Cr | ₹4.23 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹25.21 Cr | ₹25.51 Cr | ₹25.04 Cr | ₹25.33 Cr | ₹14.37 Cr | ₹20.17 Cr | ₹18.35 Cr | ₹3.69 Cr |
| Changes in Inventories | -₹4,000 | ₹3,000 | ₹12.52 Lakh | -₹12.52 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹4.24 Lakh | ₹0 | ₹75,000 | ₹2.86 Lakh | ₹0 | ₹3 Lakh | ₹2.35 Lakh | ₹1.42 Lakh |
| Finance Costs | ₹0 | ₹2,000 | ₹0 | ₹0 | ₹4.6 Lakh | ₹800 | ₹1,300 | ₹500 |
| Depreciation & Amortisation | -₹1.12 Lakh | ₹57,000 | ₹57,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹4.45 Lakh | ₹3.73 Lakh | ₹4.37 Lakh | ₹37.06 Lakh | ₹55.85 Lakh | ₹4.69 Lakh | ₹99,100 | ₹12.86 Lakh |
| Total Expenses | ₹25.28 Cr | ₹25.55 Cr | ₹25.22 Cr | ₹25.61 Cr | ₹14.97 Cr | ₹20.25 Cr | ₹18.38 Cr | ₹3.83 Cr |
| Profit Before Exceptional Items & Tax | ₹10.91 Cr | ₹89.59 Lakh | ₹88.07 Lakh | ₹54.13 Lakh | ₹23.2 Lakh | ₹10.95 Lakh | ₹1.94 Cr | ₹40.02 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹10.91 Cr | ₹89.59 Lakh | ₹88.07 Lakh | ₹54.13 Lakh | ₹23.2 Lakh | ₹10.95 Lakh | ₹1.94 Cr | ₹40.02 Lakh |
| Total Tax Expense | ₹63.3 Lakh | ₹0 | ₹0 | ₹0 | ₹61 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹10.27 Cr | ₹89.59 Lakh | ₹88.07 Lakh | ₹54.13 Lakh | -₹37.8 Lakh | ₹10.95 Lakh | ₹1.94 Cr | ₹40.02 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹10.27 Cr | ₹89.59 Lakh | ₹88.07 Lakh | ₹54.13 Lakh | -₹37.8 Lakh | ₹10.95 Lakh | ₹1.94 Cr | ₹40.02 Lakh |
| EBITDA (computed) | ₹10.89 Cr | ₹90.18 Lakh | ₹88.64 Lakh | ₹54.13 Lakh | ₹27.8 Lakh | ₹10.96 Lakh | ₹1.94 Cr | ₹40.02 Lakh |
| Basic EPS | ₹0.05 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.05 | ₹0.00 |
| Diluted EPS | ₹0.05 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.05 | ₹0.00 |
Shareholding Pattern of Avance Technologies Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 0.68%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 99.32% of Avance Technologies Limited. The company had 395,173 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Public | 99.32% | 99.32% | 99.32% | 99.32% | 99.32% | 99.32% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 0.68% | 0.68% | 0.68% |
| Public | 99.32% | 99.32% | 99.32% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Avance Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 1993 | Icici Bank Ltd. | ₹14.68 Lakh | Open |
| 31 Mar 2018 | Others | ₹150 Cr | Satisfied |
| 13 Jun 2003 | Asset Reconstruction Company (India) Limited | ₹2.95 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Avance Technologies Limited
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Employee and EPFO history for Avance Technologies Limited
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GST Compliance of Avance Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Avance Technologies Limited
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MSME Payment Delays by Avance Technologies Limited
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Subsidiaries & Group Companies of Avance Technologies Limited
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MCA Filings & Documents of Avance Technologies Limited
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Recent Activity on Avance Technologies Limited
Recent News on Avance Technologies Limited
Frequently Asked Questions about Avance Technologies Limited
Avance Technologies Limited is an active public limited company in the telecom sector based in Goregaon East, Maharashtra, India. It was incorporated on 30 January 1985 (41+ years old) and is registered under CIN L51900MH1985PLC035210. Listed on BSE: 512149.
Avance Technologies Limited reported revenue of ₹159.26 Cr for FY 2026 (down 7.28% YoY) based on consolidated BSE filings.
The current directors of Avance Technologies Limited are:
- Vasant Tukaram Bhoir - Director
- Sanjay Atmaram Devlekar - Director
- Akshay Vijay Nawale - Director
- Shakila Ramjansha Makandar - Director
- Deepak Yallappa Mane - Director
- Latesh Sukumar Kumar Poojary - Managing Director
- Santosh Babarao Hambare - Managing Director
- Dipak Sambhaji Gaikwad - Additional Director
The primary industry of Avance Technologies Limited is telecom. The company specifically operates in mobile value-added services (vas). The company is currently active in this sector.
Yes. Avance Technologies Limited is listed on BSE with code 512149.
Avance Technologies Limited can be reached at the registered office: 404 Corporate Annexe Sonawala Road, Goregaon East Mumbai, Goregaon East, Maharashtra, India – 400063, or through the website avance.in.