Ankündigung • Aug 04
Avance Technologies Limited to Report Q1, 2027 Results on Aug 11, 2026 Avance Technologies Limited announced that they will report Q1, 2027 results on Aug 11, 2026 Ankündigung • Jul 01
Avance Technologies Limited Announces Appointment of Santosh Hambare as Chief Financial Officer, Effective June 30, 2026 Avance Technologies Limited held its Board of Directors meeting on June 30, 2026. The company appointed Mr. Santosh Hambare (DIN: 11523270) as Chief Financial Officer of the Company effective June 30, 2026, to hold office until resignation or cessation in accordance with applicable laws. The appointment was made to meet the Company's operational and statutory requirements and to complete the composition of Key Managerial Personnel (KMP) in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations. Mr. Santosh Hambare is an accounting professional with experience in managing core accounting functions and maintaining accurate financial records. He possesses working knowledge of financial accounting, statutory compliance requirements, and routine corporate procedures. His experience includes supporting day-to-day accounting operations, ensuring proper documentation, assisting with regulatory compliance, and maintaining financial records in accordance with applicable standards. His understanding of financial and administrative operations is expected to contribute to the Company's governance, operational efficiency, and sustainable growth. Mr. Santosh Hambare holds directorship in Aris International Limited. Ankündigung • Jun 30
Avance Technologies Limited Announces Designation of Latesh Poojary from Managing Director to Non-Executive Director Avance Technologies Limited held its Board of Directors meeting on June 30, 2026. The company changed the designation of Mr. Latesh Poojary (DIN: 10414863) from Managing Director in the executive capacity to Non-Executive Director. Ankündigung • Jun 23
Avance Technologies Limited Announces Resignation of Vijay Singh Purohit from Chief Financial Officer, Effective June 20, 2026 Avance Technologies Limited had announced that Mr. Vijay Singh Purohit tendered his resignation from the position of Chief Financial Officer and Key Managerial Personnel of the Company vide his letter dated June 18, 2026. The resignation was effective at the closure of business hours on June 20, 2026. The reason for resignation was due to preoccupation with personal and professional commitments that require his full attention. Mr. Vijay Singh Purohit confirmed that there are no other material reasons for his resignation, other than his preoccupation with other professional and personal commitments, as stated in his resignation letter. Ankündigung • Jun 22
Avance Technologies Limited Announces Resignation of Vijay Singh Purohit as Key Managerial Personnel, Effective June 20, 2026 Avance Technologies Limited had announced that Mr. Vijay Singh Purohit tendered his resignation from the position of Chief Financial Officer and Key Managerial Personnel of the Company vide his letter dated June 18, 2026. The resignation was effective at the closure of business hours on June 20, 2026. The reason for resignation was due to preoccupation with personal and professional commitments that require his full attention. Mr. Vijay Singh Purohit confirmed that there are no other material reasons for his resignation, other than his preoccupation with other professional and personal commitments, as stated in his resignation letter. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹0.07 (vs ₹0.027 in FY 2025) Full year 2026 results: EPS: ₹0.07 (up from ₹0.027 in FY 2025). Revenue: ₹1.73b (flat on FY 2025). Net income: ₹132.4m (up 150% from FY 2025). Profit margin: 7.6% (up from 3.1% in FY 2025). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.009 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.01 (up from ₹0.009 in 3Q 2025). Revenue: ₹504.5m (up 56% from 3Q 2025). Net income: ₹20.1m (up 16% from 3Q 2025). Profit margin: 4.0% (down from 5.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 222% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jan 01
Avance Technologies Limited (BSE:512149) signed a a non-binding term sheet to acquire Pushpak AI. Avance Technologies Limited (BSE:512149) signed a a non-binding term sheet to acquire Pushpak AI on January 1, 2026. The proposed acquisition would mark Avance Technologies' entry into the high-growth visual intelligence and edge AI ecosystem. New Risk • Dec 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (₹1.88b market cap, or US$21.0m). Reported Earnings • Nov 13
Second quarter 2026 earnings released: ₹0.004 loss per share (vs ₹0.014 profit in 2Q 2025) Second quarter 2026 results: ₹0.004 loss per share (down from ₹0.014 profit in 2Q 2025). Revenue: ₹423.7m (down 4.2% from 2Q 2025). Net loss: ₹7.71m (down 128% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 229% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹1.86, the stock trades at a trailing P/E ratio of 78x. Average trailing P/E is 40x in the Electronic industry in India. Total returns to shareholders of 4,669% over the past three years. New Risk • Sep 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹422.1m (US$4.79m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.011 in 1Q 2025) First quarter 2026 results: EPS: ₹0.01 (down from ₹0.011 in 1Q 2025). Revenue: ₹374.2m (down 20% from 1Q 2025). Net income: ₹16.2m (down 26% from 1Q 2025). Profit margin: 4.3% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 346 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 09
Avance Technologies Limited to Report Q1, 2026 Results on Aug 14, 2025 Avance Technologies Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Ankündigung • Jul 17
Avance Technologies Limited (BSE:512149) signed a non-binding term sheet to acquire Checkers India Technology Pvt Ltd. Avance Technologies Limited (BSE:512149) signed a non-binding term sheet to acquire Checkers India Technology Pvt Ltd. on July 16, 2025.
The proposed acquisition, subject to due diligence and regulatory approvals. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹0.03 (vs ₹0.025 in FY 2024) Full year 2025 results: EPS: ₹0.03 (up from ₹0.025 in FY 2024). Revenue: ₹1.74b (up 21% from FY 2024). Net income: ₹53.0m (up 8.6% from FY 2024). Profit margin: 3.0% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 232 percentage points per year, which is a significant difference in performance. Ankündigung • May 01
Avance Technologies Limited announced that it expects to receive INR 250 million in funding Avance Technologies Limited announced a private placement to issue pre-paid convertible warrants for gross proceeds of INR 250,000,000 on April 29, 2025. The transaction has been approved by shareholders and Warrants will be convertible into equity shares within a period of 18 months from the date of allotment. New Risk • Apr 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₹1.27b market cap, or US$14.8m). Reported Earnings • Feb 18
Third quarter 2025 earnings released: EPS: ₹0.009 (vs ₹0.01 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.009 (down from ₹0.01 in 3Q 2024). Revenue: ₹323.8m (up 70% from 3Q 2024). Net income: ₹17.4m (down 9.0% from 3Q 2024). Profit margin: 5.4% (down from 10% in 3Q 2024). Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.014 (vs ₹0.004 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.014 (up from ₹0.004 in 2Q 2024). Revenue: ₹442.1m (up 161% from 2Q 2024). Net income: ₹27.3m (up 293% from 2Q 2024). Profit margin: 6.2% (up from 4.1% in 2Q 2024). Ankündigung • Sep 04
Avance Technologies Limited, Annual General Meeting, Sep 30, 2024 Avance Technologies Limited, Annual General Meeting, Sep 30, 2024, at 10:03 Indian Standard Time. Location: sammelan hall,a101,samarth complex, jawahar nagar,goregaon(west), mumbai-400104, mumbai India Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.011 (vs ₹0.001 in 1Q 2024) First quarter 2025 results: EPS: ₹0.011 (up from ₹0.001 in 1Q 2024). Revenue: ₹468.6m (up ₹443.1m from 1Q 2024). Net income: ₹21.9m (up ₹20.2m from 1Q 2024). Profit margin: 4.7% (down from 6.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Ankündigung • Aug 05
Avance Technologies Limited to Report Q1, 2025 Results on Aug 13, 2024 Avance Technologies Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹0.011 (vs ₹0.002 in FY 2023) Full year 2024 results: EPS: ₹0.011 (up from ₹0.002 in FY 2023). Revenue: ₹1.47b (up 381% from FY 2023). Net income: ₹48.8m (up ₹44.8m from FY 2023). Profit margin: 3.3% (up from 1.3% in FY 2023). The increase in margin was driven by higher revenue. Ankündigung • May 23
Avance Technologies Limited to Report Fiscal Year 2024 Results on May 28, 2024 Avance Technologies Limited announced that they will report fiscal year 2024 results on May 28, 2024 Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1.05, the stock trades at a trailing P/E ratio of 76.5x. Average trailing P/E is 56x in the Electronic industry in India. Total returns to shareholders of 600% over the past year. Board Change • Apr 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Sanjay Devlekar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹1.06, the stock trades at a trailing P/E ratio of 77.2x. Average trailing P/E is 52x in the Electronic industry in India. Total returns to shareholders of 1,105% over the past year. Ankündigung • Jan 30
Avance Technologies Limited to Report Q3, 2024 Results on Feb 07, 2024 Avance Technologies Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Buying Opportunity • Oct 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be ₹2.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 92% over the last 3 years. Meanwhile, the company has become profitable. Ankündigung • Sep 05
Avance Technologies Limited, Annual General Meeting, Sep 29, 2023 Avance Technologies Limited, Annual General Meeting, Sep 29, 2023, at 09:30 Indian Standard Time. Location: Sammelan Hall, A101, Samarth Complex, Jawahar Nagar, Goregaon Mumbai India New Risk • Aug 12
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹83m (US$999k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Revenue is less than US$1m (₹83m revenue, or US$999k). Market cap is less than US$10m (₹511.3m market cap, or US$6.16m). Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹0.004 (vs ₹0.009 in 1Q 2023) First quarter 2024 results: EPS: ₹0.004 (down from ₹0.009 in 1Q 2023). Revenue: ₹25.6m (down 90% from 1Q 2023). Net income: ₹1.78m (down 49% from 1Q 2023). Profit margin: 6.9% (up from 1.4% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year whereas the company’s share price has increased by 78% per year. Ankündigung • Aug 06
Avance Technologies Limited to Report Q1, 2024 Results on Aug 11, 2023 Avance Technologies Limited announced that they will report Q1, 2024 results on Aug 11, 2023 New Risk • Jul 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹788.8m (US$9.58m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹788.8m market cap, or US$9.58m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (₹305m revenue, or US$3.7m). Ankündigung • May 23
Avance Technologies Limited to Report Fiscal Year 2023 Results on May 30, 2023 Avance Technologies Limited announced that they will report fiscal year 2023 results on May 30, 2023 Board Change • Feb 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Sanjay Devlekar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Sanjay Devlekar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 01
Avance Technologies Limited to Report Q3, 2023 Results on Feb 13, 2023 Avance Technologies Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Sanjay Devlekar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Sanjay Devlekar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 03
Avance Technologies Limited to Report Q2, 2023 Results on Nov 11, 2022 Avance Technologies Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Board Change • Oct 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Sanjay Devlekar was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Sep 09
Avance Technologies Limited, Annual General Meeting, Sep 30, 2022 Avance Technologies Limited, Annual General Meeting, Sep 30, 2022, at 10:30 Indian Standard Time. Location: Sammelan Hall, A101, Samarth Complex, Jawahar Nagar, Goregaon (West), Mumbai 400 104 Mumbai India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March 2022, together with the Reports of the Board of Directors and the Auditors thereon; and to discuss Appointment of Statutory Auditor. Ankündigung • Jul 29
Avance Technologies Limited to Report Q1, 2023 Results on Aug 12, 2022 Avance Technologies Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Ankündigung • Jun 22
Avance Technologies Limited Announces Executive Changes Avance Technologies Limited at its board meeting held on June 21, 2022, accepted resignation of Ms. Deepa Garg (M. No. A58784), Company Secretary & Compliance Officer of the Company, effective June 20, 2022 and the appointment of Ms. Sneha Shrivastava (M. No. A36145), as the Company Secretary and Compliance Officer of the Company with effect from June 21,2022. Ankündigung • May 15
Avance Technologies Limited to Report Q4, 2022 Results on May 24, 2022 Avance Technologies Limited announced that they will report Q4, 2022 results on May 24, 2022 
