Advance MeteringTech
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May 26 (Reuters) - Advance Metering Technology Ltd AMTL.BO:
RE-APPOINTS PRANAV KUMAR RANADE AS CHAIRMAN & MANAGING DIRECTOR
Source text for Eikon: ID:nBSE7z9890
Further company coverage: AMTL.BO
(([email protected];))
May 26 (Reuters) - Advance Metering Technology Ltd AMTL.BO:
RE-APPOINTS PRANAV KUMAR RANADE AS CHAIRMAN & MANAGING DIRECTOR
Source text for Eikon: ID:nBSE7z9890
Further company coverage: AMTL.BO
(([email protected];))
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What does Advance MeteringTech do?
Advance Metering Technology Limited (AMTL) specializes in manufacturing energy meters for smart grids, offering tailor-made solutions for Indian and global markets to promote renewable energy generation and provide energy audit services.
Who are the competitors of Advance MeteringTech?
Advance MeteringTech major competitors are Arigato Universe, Envair Electodyne, Adarsh Plant Protect, Hawa Engineers, Polymechplast Mach., Trans Ind Hous Impex, Sprayking. Market Cap of Advance MeteringTech is ₹31 Crs. While the median market cap of its peers are ₹30 Crs.
Is Advance MeteringTech financially stable compared to its competitors?
Advance MeteringTech seems to be less financially stable compared to its competitors. Altman Z score of Advance MeteringTech is 1.39 and is ranked 6 out of its 8 competitors.
Does Advance MeteringTech pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Advance MeteringTech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Advance MeteringTech allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Advance MeteringTech balance sheet?
Advance MeteringTech balance sheet is weak and might have solvency issues
Is the profitablity of Advance MeteringTech improving?
No, profit is decreasing. The profit of Advance MeteringTech is -₹10.08 Crs for TTM, -₹9.3 Crs for Mar 2025 and -₹2.01 Crs for Mar 2024.
Is the debt of Advance MeteringTech increasing or decreasing?
Yes, The net debt of Advance MeteringTech is increasing. Latest net debt of Advance MeteringTech is ₹10.51 Crs as of Mar-26. This is greater than Mar-25 when it was ₹6.18 Crs.
Is Advance MeteringTech stock expensive?
Advance MeteringTech is not expensive. Latest PE of Advance MeteringTech is 0, while 3 year average PE is 24.98. Also latest EV/EBITDA of Advance MeteringTech is 0.0 while 3yr average is 6.88.
Has the share price of Advance MeteringTech grown faster than its competition?
Advance MeteringTech has given lower returns compared to its competitors. Advance MeteringTech has grown at ~-1.7% over the last 9yrs while peers have grown at a median rate of 16.61%
Is the promoter bullish about Advance MeteringTech?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Advance MeteringTech is 63.55% and last quarter promoter holding is 63.55%.
Are mutual funds buying/selling Advance MeteringTech?
There is Insufficient data to gauge this.