ADVANCE Group of Industries having diverse activities in Textiles, Petrochemicals and Polymers. ADVANCE ranges products and services in the field of manufacturing of Petrochemicals, like, Ethanolamines, Alkyl Ethanolamines, Glycol Ethers, Automotive Fluids, Aeronautic Fluids/additives, Perfumery Chemicals, Fire Fighting chemicals etc., through their Company, Viz., ADVANCE PETROCHEMICALS LTD. Rubber products, like, Rubber Printing Blankets, Rubber Sheets, Rubber/Polymer Coated Cellulose/Man-made Fiber Fabric, Conveyor Belts, through their Company, Viz., ADVANCE MULTITECH LTD. Processing, Cotton, Blended, Synthetics, High Fashion Fabrics through their Company, Viz.,ADVANCE SYNTHETIC MILLS. Export & Imports of various products through their Company, Viz., ADVANCE IMPEX M/s.Advance Multitech Limited was originally incorporated under the name of M/s. Honest Textiles Pvt. Ltd

Advance Multitech major competitors are Eastern Treads, Tijaria Polypipe, Vamshi Rubber, Cochin Malabar Ests, Pentagon Rubber, MM Rubber, Rex Sealing and Pkg.
Market Cap of Advance Multitech is ₹2 Crs.
While the median market cap of its peers are ₹29 Crs.

Advance Multitech seems to be less financially stable compared to its competitors.
Altman Z score of Advance Multitech is 0.39 and is ranked 6 out of its 8 competitors.