Avonmore Capital and Management Services Announces Q1 Financial Results and Approves Draft Scheme of Amalgamation
Avonmore Capital & Management Services Ltd. released its Unaudited Financial Results for the quarter ending June 30, 2026 (both standalone and consolidated), alongside details regarding the approval of a Draft Scheme of Amalgamation involving multiple group entities.The results were reviewed by Mohan Gupta & Co., Chartered Accountants. The company also provided comprehensive data on its operational performance across various business segments for both the quarter and the full financial year ending March 31, 2026.
Financial Performance Highlights
Standalone Results (Quarter Ended June 30, 2026):The Company reported key figures in its standalone results:
- Total Revenue From Operations was 233 Lakhs.
- Net Profit for the period stood at 24 Lakhs.
Consolidated Results (Quarter Ended June 30, 2026):
The consolidated statement reflected a larger scale of operations across the Group. Total revenue from operations reached 4,952 Lakhs. Net profit for the period stood at 1,117 Lakhs.
A snapshot of the standalone and consolidated financial results is provided below:
| Particulars | Quarter ended June 30, 2026 (Unaudited) | Quarter ended March 31, 2026 (Audited) | Quarter ended June 30, 2025 (Unaudited) | Year ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Standalone | ||||
| Total Income | 233 | 260 | 309 | 4,107 |
| Total Expenses | 208 | 350 | 205 | 961 |
| Net Profit (Loss) for the period | 24 | (63) | 2 | 86 |
| Consolidated | ||||
| Income from Operations | 4,952 | 6,179 | 3,632 | 19,063 |
| Total Income | - | 18 | 55 | 57 |
| Net Profit for the period | 1,117 | (713) | 729 | 2,165 |
Approval of Scheme of Amalgamation
The Board of Directors meeting held on Friday, July 31, 2026, approved a Draft Scheme of Amalgamation. This scheme involves the amalgamation of four transferor companies with Avonmore Capital & Management Services Limited (ACMSL), which serves as the Transferee Company.Participating Entities:
The amalgamation includes ACMSL and the following subsidiary entities:
| Entity Type | Name of Entity | Paid-up Share Capital (as on March 31, 2026) | Turnover (Standalone) for FY 2026 (In Lakhs) |
|---|---|---|---|
| Transferee Company | Avonmore Capital & Management Services Ltd | Rs. 28,86,93,000 | Rs. 1079.82 |
| Transferor Co. 1 | Almondz Finanz Ltd | Rs. 30,00,000 | Rs. 623.10 |
| Transferor Co. 2 | Apricot Infosoft Private Limited | Rs. 3,00,00,000 | Rs. (5.45) |
| Transferor Co. 3 | Avonmore Developer Private Limited | Rs. 8,50,00,000 | Rs. (108.41) |
| Transferor Co. 4 | Anemone Holdings Private Limited | Rs. 1,00,000 | Rs. 535.21 |
Rationale for Amalgamation:
The proposed amalgamation was approved based on the premise that the transferor companies and the transferee company belong to the same group. The stated rationale includes simplification of the corporate structure, cost reduction through rationalization, standardization, and simplification of business processes.
Segmental Performance Details
Management evaluated the Company's performance by allocating resources based on various business segments. The segment-wise performance data for both standalone and consolidated results for the quarter ending June 30, 2026, is detailed below:Standalone Unaudited Financial Results (Quarter Ended June 30, 2026):
| Segment | Income from Operations (in Lakhs) | Profit before Tax/Interest (Total) | Total Segment Assets (in Lakhs) | Total Segment Liabilities (in Lakhs) |
|---|---|---|---|---|
| Debt and equity market operations | 8 | 77 | 590 | 5 |
| Advisory fees | - | 5 | 3 | - |
| Finance activities | 17 | (166) | 8,183 | 155 |
| Total | 25 | (89) | 26,630 | 8,502 |
Consolidated Unaudited Financial Results (Quarter Ended June 30, 2026):
| Segment | Income from Operations (in Lakhs) | Total Profit Before Tax/Interest (in Lakhs) | Total Segment Assets (in Lakhs) | Total Segment Liabilities (in Lakhs) |
|---|---|---|---|---|
| Debt and equity market operations | 750 | (1,342) | 64,615 | 149 |
| Corporate Activities - Consultancy and advisory fee | 57 | 55 | 12,844 | 147 |
| Infra Activities - Consultancy and advisory fee | 248 | 188 | 5,665 | 5,665 |
| Wealth Advisory / Broking activities | 48 | 7 | 5,558 | 3,556 |
| Finance activities | 172 | (12) | 12,288 | 270 |
| Total | 1,302 | (1,162) | 64,615 | 12,022 |
AVONMORE Stock Price Movement
Shares of Avonmore Capital & Management Services Limited are edging up to ₹11.19 as of 1:53 PM, boosting the equity by ₹0.04 or 0.36% in live trading. The stock currently trades on a volume of 259,628 shares in this active market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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