Avance Technologies is an India-based company that has been around since 1985. They specialize in helping businesses of all sizes grow and achieve their goals through a variety of services, including:
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Digital marketing: They offer a wide range of digital marketing services, such as social media marketing, mobile app marketing, WhatsApp e-commerce, video creation and marketing, influencer marketing, content and SEO strategy, marketing automation, performance marketing, market research, artificial intelligence, blockchain, Internet of Things (IoT), cloud services, software testing, vulnerability testing, SMS marketing, and WhatsApp marketing.
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IT products: They also sell and resell a variety of IT products, including software and hardware.
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Consulting: They offer consulting services to help businesses with their IT needs, as well as their marketing and sales needs.
Avance Technologies Overview
| Aspect | Description |
|---|---|
| Company Name | Avance Technologies Limited |
| Industry | Information Technology |
| Sector | IT Software |
| Headquarters | India (exact location not publicly available) |
| Services | Software and hardware resale, mobile marketing, subscriber management, call conferencing, web integration |
Avance Technologies Products
| Product | Description |
|---|---|
| Short Code Services | Interact with customers via 4-5 digit codes for polls, contests, subscriptions, etc. |
| Enterprise Mobile Marketing | Comprehensive suite of tools for managing mobile marketing campaigns (SMS, MMS, push notifications, etc.). |
| Mobile Marketing Solution Suite | Products and services for reaching and engaging mobile audiences (campaign creation, audience segmentation, analytics). |
| Electronic Mail | Secure and reliable email hosting and management solutions for businesses. |
| Web Integration | Seamless integration of mobile marketing campaigns with existing websites and applications. |
| Ad Insertion Program | Programmatic buying and selling of advertising space on mobile apps and websites. |
| Wireless Application Protocol (WAP) | Platform for developing and delivering mobile applications over the internet. |
| Mobile Coupons Page Elements | Create and manage mobile coupons that can be redeemed by customers. |
| OBD & IBD | On-board and In-board diagnostics for vehicles, providing data and insights for fleet management and preventive maintenance. |
| E-mail Marketing | Targeted email campaigns to reach and engage customers. |
| Call Conferencing Platform | Secure and reliable platform for hosting conference calls. |
| Subscriber Management Platform | Manage and track subscribers for mobile services and programs. |
Avance Technologies Fundamentals
| Metric | Value |
|---|---|
| Market Capitalization | ₹34.66 crore |
| Revenue (TTM) | ₹3,282 crore |
| EBITDA | Not Available |
| EPS (FY 2023) | ₹0.051 |
| P/E Ratio | 184.44 |
| P/B Ratio | 0.44 |
| Dividend Yield | 0% |
| Debt/Equity Ratio | Not Available due to negative equity |
| Book Value | 1.88 |
| Face Value | ₹1.00 |
| ROE | 0.11 |
| Debt | ₹0.00 |
Avance Technologies Revenue and Net Profit
| Period | Revenue (Crore INR) | Net Profit (Crore INR) | Year-over-Year Revenue Change (%) |
|---|---|---|---|
| Q3 2023 (Sep) | 16.97 | 3.05 | 1048.46% |
| Q2 2023 (Jun) | 2.56 | 0.23 | -89.69% |
| Q1 2023 (Mar) | 0.58 | 0.04 | -89.29% |
| FY 2023 | 32.82 | 5.10 | 116.02% |
| FY 2022 | 15.20 | -4.51 | -210.56% |
Avance Technologies Shareholding Patterns
| Shareholder Category | Holding Percentage |
|---|---|
| Promoters | 0.68% |
| Public | 99.32% |
| Foreign Institutional Investors (FIIs) | 0.00% |
| Domestic Institutional Investors (DIIs) | 0.88% |
| Mutual Funds | 0.68% |
Avance Technologies Share Price Target for 2025, 2026, 2027, 2028, 2029
| Year | Share Price Target |
|---|---|
| 2025 | ₹1 |
| 2026 | ₹2 |
| 2027 | ₹3 |
| 2028 | ₹4 |
| 2029 | ₹5 |
Avance Technologies Share Price Target for 2025
Avance Technologies Share Price Target for 2025 is 1.
Avance Technologies Share Price Target for 2026
Avance Technologies Share Price Target for 2026 is 2.
Avance Technologies Share Price Target for 2027
Avance Technologies Share Price Target for 2027 is 3.
Avance Technologies Share Price Target for 2028
Avance Technologies Share Price Target for 2028 is 4.
Avance Technologies Share Price Target for 2029
Avance Technologies Share Price Target for 2029 is 5.
Future Outlook of Avance Technologies
Potential Positives:
- Market growth: The Indian IT sector is expected to experience sustained growth in the coming years, driven by factors like digitalization, cloud adoption, and mobile internet penetration. This could benefit Avance Technologies, given their focus on mobile marketing and technology solutions.
- Turnaround potential: While Avance Technologies has faced financial struggles recently, their Q3 2023 results showed a surge in revenue and net profit. If they can sustain this momentum and improve financial performance, it could attract investor confidence and boost their share price.
- New products and services: Avance Technologies has a pipeline of new products and services, including those in areas like OBD/IBD for fleet management and e-mail marketing. Successful launches and adoption of these offerings could drive future growth.
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Risks Associated With Investing in Avance Technologies
| Category | Risk Description | Potential Impact |
|---|---|---|
| Financial Performance | – Negative net income and book value | – Limited access to capital for growth and investment. – Increased risk of insolvency and bankruptcy. – Potential delisting from the stock exchange. |
| Competition | – Highly competitive IT sector with established players and rising startups. | – Difficulty gaining market share and achieving sustainable growth. – Lower profitability due to price pressure. |
| Market Volatility | – Susceptibility to economic fluctuations and unforeseen events. | – Significant price swings and potential losses. |
| Management and Governance | – Limited information and transparency about the company’s operations. | – Concerns about decision-making and potential mismanagement. |
| Liquidity | – Low trading volume and limited market participation. | – Difficulty buying or selling shares quickly. – Potential for wider price spreads and higher transaction costs. |
| Regulatory Environment | – Changes in government policies or regulations affecting the IT sector. | – Increased compliance costs and operational challenges. – Potential disruption to business model. |
Avance Technologies Competitors
| Competitor | Focus Area | Market Cap (Crore INR) |
|---|---|---|
| COFORGE LTD. | Digital transformation services, enterprise cloud, enterprise applications | 5,313.28 |
| Affle India | Performance-based digital marketing solutions | 3,908.01 |
| Hexaware Tech. | Digital automation platforms, cloud solutions, blockchain services | 8,953.52 |
| Zensar Tech. | Cloud engineering, digital transformation, data analytics | 4,709.00 |
| Birlasoft | IT services, enterprise solutions, digital transformation | 2,188.27 |
| 7Seas Entertainment Ltd. | Mobile & Web Game Development, Digital Marketing | 32.90 |
| Accedere Ltd. | Cloud-based Enterprise Resource Planning (ERP) solutions | 261.15 |
| Ace Integrated Solutions Ltd. | IT infrastructure services, managed services | 83.22 |
| ACE Software Exports Ltd. | Software export, IT services, IT infrastructure | 80.51 |
DISCLAIMER: We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Inesting in stocks involves risks.
