Avonmore Capital & Management Services Limited (AVONMORE)

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Avonmore Capital & Management Services Limited (AVONMORE) · mywealthgrid

About

Avonmore Capital & Management Services Limited is an NBFC with ₹367.14 Cr market cap and minimal debt (D/E 0.05). Company operates dual revenue streams evident in quarterly filings. Specific lending, asset-management, or advisory positioning within the NBFC space requires verification.

Face value: ₹1

Market cap

₹361 Cr

P/E

23.4×

P/B

1.0×

Dividend yield

ROE

2.1%

ROCE

—

Debt / equity

0.05

OPM

8.3%

EPS (TTM)

₹0.5

Book value

₹13.4

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Net profit swings between gains and losses across quarters (₹17.17 Cr Jun 2026 to -₹7.13 Cr Mar 2026) on revenue of ₹36–₹61 Cr. Verify source of volatility and cash-flow stability.
ROE of 2.08% is exceptionally low relative to a PE multiple of 23.79, and stock price declined 27% over 12 months (₹21.74 to ₹13.01). Clarify market expectations for earnings inflection.
Institutional shareholding is negligible (FII 0.04%, DII 0.01%) while promoters hold 58.46%. Verify liquidity constraints and governance framework.
NBFC sector faces interest-rate sensitivity, credit-cycle exposure, and regulatory capital requirements. Verify asset quality, loan-loss reserves, and regulatory compliance.

Generated analysis · source review pending

Growth drivers

One operational stream sustains 57–88% operating margins with consistent profitability (₹0.06–₹0.65 Cr per quarter). Verify if this defensible model can scale.
Balance sheet carries minimal leverage (D/E 0.05); substantial debt capacity remains. Verify capital deployment strategy and intended use.
Second operational stream generated ₹49.52 Cr revenue (Jun 2026) and ₹17.17 Cr profit on 28% operating margin; larger base holds growth potential if operational volatility resolves.
NBFC credit expansion may follow policy support and institutional lending growth. Verify company's addressable market, competitive position, and niche within NBFC ecosystem.

Generated analysis · source review pending

919 historical price candles were omitted because the exchange source has not been verified.

₹12.8-1.5%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0.1)

Cons

−Low return on equity of 5.6% (3-yr avg)
−Profit declined 59.1% a year over the last 3 years
−Revenue shrank over the last 3 years (-3.4% a year)

Research score

Structured signal from quality, growth, valuation and momentum.

50/100

Business quality: 34
Growth: 50
Valuation: 68

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Shriram Finance LimitedSHRIRAMFINSHRIRAMFIN	₹1,77,811 Cr	₹4,28,503 Cr	₹49,997 Cr	₹36,981 Cr	73.7%	₹11,318 Cr	20.8%	—	16.4%	—
Tata Capital LimitedTATACAPTATACAP	₹1,35,540 Cr	₹3,71,517 Cr	₹32,695 Cr	₹24,219 Cr	73.2%	₹5,404 Cr	15.5%	—	13.3%	—
Cholamandalam Investment And Finance Company LimitedCHOLAFINCHOLAFIN	₹1,33,352 Cr	₹3,45,452 Cr	₹32,663 Cr	₹22,399 Cr	68.2%	₹5,751 Cr	16.8%	—	19.3%	—
Muthoot Finance LimitedMUTHOOTFINMUTHOOTFIN	₹1,08,289 Cr	₹2,60,075 Cr	₹33,431 Cr	₹27,558 Cr	81.4%	₹11,373 Cr	34%	—	30.9%	—
L&T Finance LimitedLTFLTF	₹66,238 Cr	₹1,76,126 Cr	₹18,928 Cr	₹11,603 Cr	61.1%	₹3,226 Cr	16.7%	—	11.2%	—
Sbi Cards And Payment Services LimitedSBICARDSBICARD	₹53,594 Cr	₹97,658 Cr	₹20,063 Cr	₹5,374 Cr	26.7%	₹2,275 Cr	10.9%	—	14.7%	—
Hdb Financial Services LimitedHDBFSHDBFS	₹51,335 Cr	₹1,38,733 Cr	₹16,300 Cr	₹9,318 Cr	57.2%	₹2,176 Cr	13.4%	—	14.7%	—
Sundaram Finance LimitedSUNDARMFINSUNDARMFIN	₹48,838 Cr	₹1,18,475 Cr	₹10,104 Cr	₹7,957 Cr	78.3%	₹2,220 Cr	21%	—	14.7%	—
Piramal Finance LimitedPIRAMALFINPIRAMALFIN	₹45,868 Cr	₹1,25,857 Cr	₹11,852 Cr	₹7,051 Cr	59.5%	₹1,504 Cr	12.7%	—	5.3%	—
Authum Investment & Infrastructure LimitedAIILAIIL	₹45,797 Cr	₹49,133 Cr	₹2,863 Cr	₹2,451 Cr	88.2%	₹3,582 Cr	74%	—	13.1%	—
Mahindra & Mahindra Financial Services LimitedM&MFINM&MFIN	₹44,445 Cr	₹1,72,816 Cr	₹21,733 Cr	₹13,785 Cr	62.5%	₹3,253 Cr	13.6%	—	11.9%	—
Poonawalla Fincorp LimitedPOONAWALLAPOONAWALLA	₹38,161 Cr	₹86,259 Cr	₹7,813 Cr	₹4,291 Cr	52.7%	₹787 Cr	8%	—	5.9%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	211	124	180	191
Interest	3	4	3	2
Expenses	70	107	139	175
Financing profit	138	13	37	14
Financing margin %	65.4%	10.9%	20.8%	7.2%
Other income	3	4	1	1
Depreciation	2	4	5	6
Profit before tax	154	22	45	28
Tax	32	2	7	7
Tax %	20.7%	8.2%	16.5%	23.2%
PAT	122	20	38	22
EPS (₹)	48.9	0.8	0	0.3
EPS adjusted (₹)	4.8	0.8	0.9	0.3
Annual report	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	24	24	29	29
Reserves	252	278	345	358
Minority interest	85	92	109	119
Borrowings	24	—	15	21
	56	130	82	55
Total equity & liabilities	441	524	580	581
	12	16	22	18
CWIP	—	0	0	—
Investments	90	47	47	212
	339	461	511	350
Total assets	441	524	580	581

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	20	39	-3	15
	-19	-36	-20	-41
	-2	-10	45	4
Net cash flow	-2	-7	22	-22
Free cash flow	20	39	-3	15
CFO / Operating profit %	13.8%	229.7%	-7.2%	92.1%

Compounded sales growth

7 years: —
5 years: —
3 years: -3%
1 year: 6%

Compounded profit growth

7 years: —
5 years: —
3 years: -44%
1 year: -42%

Return on equity

7 years: —
5 years: —
3 years: 6%
Last year: 4%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Consultancy and advisory fees	154.72	22.82	106.34	42.19	64.15	35.57
Wealth Advisory / Broking activities	12.85	0.87

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—
EBITDA margin %	66.9%	13.8%	22.6%	8.3%
EBIT margin %	65.8%	10.7%	20%	5%
PAT margin %	57.7%	16.3%	20.9%	11.4%
Working capital
Receivable days	—	—	—	—
Inventory days	0	40	33	0
Payable days	—	—	—	—
NWC days	—	—	—	—
Leverage
Current ratio	—	—	—	—
Debt to EBITDA	0.17	—	0.36	1.3
Debt to equity	0.09	—	0.04	0.05
Interest coverage	46	4.8	11.3	4.6
Asset turnover	0.48	0.24	0.31	0.33
Return ratios
Return on assets %	27.6%	3.8%	6.5%	3.7%
Return on capital employed %	—	—	—	—
Return on equity %	44.1%	6.7%	10.1%	5.6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	69.12%	69.17%	69.17%	69.17%	69.17%	69.38%	58.38%	58.38%	58.46%	58.46%	58.46%	58.46%
	0%	0.01%	0%	0.03%	0%	0.21%	0.07%	0.04%	0.01%	0.02%	0.06%	0.04%
	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	30.87%	30.81%	30.82%	30.79%	30.82%	30.4%	41.54%	41.57%	41.52%	41.51%	41.47%	41.49%
No. of shareholders	—	—	—	—	—	—	—	—	31,649	29,559	28,413	27,939

Promoter holding down 10.66 percentage points since Sep 2023.

13 deals · 8 Nov 2023 – 6 Jan 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
6 Jan 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	13,51,230	₹24.18	₹3.27 Cr
6 Jan 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	13,35,948	₹24.11	₹3.22 Cr
3 Jan 2025	DILIPKUMAR VISHINDAS LAKHI	Bulk	NSE	Sell	21,50,000	₹23.36	₹5.02 Cr
2 May 2024	VEENA GASES & CHEMICALS PRIVATE LIMITED	Bulk	NSE	Sell	5,86,608	₹118.18	₹6.93 Cr
2 May 2024	RAMBLE MARKETS PRIVATE LIMITED	Bulk	NSE	Sell	3,84,876	₹113.80	₹4.38 Cr
2 May 2024	THOMSON AND WYMAN ENTERPRISES PRIVATE LIMITED	Bulk	NSE	Buy	3,04,000	₹117.47	₹3.57 Cr
2 May 2024	SUBHASH PHOOTARMAL RATHOD	Bulk	NSE	Buy	2,82,629	₹112.00	₹3.17 Cr
2 May 2024	SAHI TRADING PRIVATE LIMITED	Bulk	NSE	Buy	2,00,000	₹120.75	₹2.42 Cr
25 Apr 2024	RAMBLE MARKETS PRIVATE LIMITED	Bulk	NSE	Sell	3,25,000	₹112.00	₹3.64 Cr
25 Apr 2024	SUBHASH P RATHOD	Bulk	NSE	Buy	2,16,321	₹111.99	₹2.42 Cr

1–10 of 13

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. GOVIND PRASAD AGRAWALNon-Executive - Non Independent Director-Chairperson
Mrs. ASHU GUPTANon-Executive - Non Independent Director
Mr. ASHOK KUMAR GUPTAExecutive Director-MD
Mr. SATISH CHANDRA SINHANon-Executive - Independent Director
Mrs. NEELU JAINNon-Executive - Independent Director
Mr. RAJKUMAR KHANNANon-Executive - Independent Director
Mr. Shakti SinghChief Financial Officer
Ms. SonalCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Avonmore Capital & Management Services Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Final dividend3 Sept 2007 · ex-date₹0.5

1

Board meeting to consider results31 Jul 2026

1

Face value ₹10 → ₹128 Jun 2024 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

52 announcementsExport CSV

1 Oct 2026, 1:30 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 5:52 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Analyst / Investor Meet PDF

30 Sept 2026, 3:55 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

18 Sept 2026, 5:25 pmInsider Trading / SAST

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011