About Avance Technologies Limited
Data last updated: 22 December 2025
Avance Technologies Limited is a public limited company based in Malad West, 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 Shakila Ramjansha Makandar and Latesh Sukumar Kumar Poojary.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 211 Lotus Business Park, Malad West, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹146.82 Cr, reflecting significant growth compared to the previous year.
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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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address#211 Lotus Business Park 2Nd Floor, S.V. Road Malad (West), Malad West, Maharashtra, India – 400064
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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 | ********* |
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 18 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 Count & EPFO Data of Avance Technologies Limited
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GST Compliance of Avance Technologies Limited
GSTIN & GST Filing Data of Avance Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Avance Technologies Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Avance Technologies Limited
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MSME Payment Delays by Avance Technologies Limited
MSME Payment Delays by Avance Technologies Limited
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Subsidiaries & Group Companies of Avance Technologies Limited
Subsidiaries & Group Companies of Avance Technologies Limited
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MCA Filings & Documents of Avance Technologies Limited
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 Malad West, 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 ₹146.82 Cr for FY 2024 (up 381.00% YoY).
The current directors of Avance Technologies Limited are:
- Shakila Ramjansha Makandar
- Vijaysingh Purohit
- Latesh Sukumar Kumar Poojary
- Deepak Yallappa Mane
- Akshay Vijay Nawale
- Vasant Tukaram Bhoir
- Sanjay Atmaram Devlekar
- Sneha Shrivastava
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: #211 Lotus Business Park 2Nd Floor, S.V. Road Malad West, Malad West, Maharashtra, India – 400064, or through the website avance.in.