Almondz Global Securities Limited has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing a significant improvement in its consolidated performance.

Key Financial Highlights

Consolidated Performance

Almondz Global Securities reported a robust growth in its consolidated net profit for Q2 FY2026, which increased by 46.04% to Rs 387.00 lakh, compared to Rs 265.00 lakh in the same quarter of the previous year. For the half-year, the consolidated net profit showed a significant improvement of 23.23%, reaching Rs 1,077.00 lakh.

The consolidated revenue from operations for Q2 FY2026 stood at Rs 3,373.00 lakh, marginally lower than the Rs 3,401.00 lakh reported in Q2 FY2025. However, for the half-year period, the company witnessed a 3.38% growth in consolidated revenue, reaching Rs 6,580.00 lakh.

Standalone Performance

On a standalone basis, Almondz Global Securities reported a net profit of Rs 60.00 lakh for Q2 FY2026, slightly lower than the Rs 61.00 lakh reported in the same period last year. However, for the half-year, the standalone net profit showed a substantial increase of 60.53%, reaching Rs 183.00 lakh.

The standalone revenue from operations for Q2 FY2026 was Rs 751.00 lakh, down by 13.38% compared to Rs 867.00 lakh in Q2 FY2025. For the half-year, standalone revenue decreased by 10.45% to Rs 1,551.00 lakh.

Segment-wise Performance

The company operates across three main segments:

1. Debt and equity market operations
2. Consultancy and advisory fees
3. Wealth advisory/broking activities

In the consolidated results for Q2 FY2026:

• Consultancy and advisory fees emerged as the top revenue generator, contributing Rs 2,761.00 lakh.
• Wealth Advisory / Broking activities contributed Rs 398.00 lakh.
• Debt and equity market operations added Rs 202.00 lakh to the revenue.

Other Financial Metrics

• Basic earnings per share on a consolidated basis stood at Rs 0.22 for Q2 FY2026, compared to Rs 0.16 in Q2 FY2025.
• The company's total assets as of September 30, 2025, were Rs 36,675.00 lakh on a consolidated basis.

Management Commentary

The board meeting to approve these results was held on November 11, 2025, and the results were reviewed by statutory auditors Mohan Gupta & Co. The management expressed satisfaction with the company's performance, particularly highlighting the strong growth in consolidated profits despite challenging market conditions.

Almondz Global Securities continues to focus on its core competencies in financial services, aiming to leverage its expertise across various segments to drive sustainable growth in the coming quarters.

Investors and stakeholders are advised to consider these results in the context of overall market conditions and the company's long-term strategies for growth and value creation.

Almondz Global Securities has announced a comprehensive restructuring plan involving multiple group companies, aimed at streamlining operations and complying with regulatory requirements. The Board of Directors approved a composite scheme of arrangement on September 11, 2025, which includes a demerger of the broking business and subsequent amalgamations of six companies.

Key Components of the Scheme

1. Demerger of Broking Business

• Almondz Global Securities Limited's broking business will be demerged into Almondz Broking Services Limited.
• The resulting company will retain the name "Almondz Global Securities Limited" and seek stock exchange listing.
• Shareholders will receive 1 equity share of the resulting company for every 1 share held in Almondz Global Securities Limited.

2. Amalgamation of Non-Broking Businesses

• The remaining non-broking business of Almondz Global Securities, along with five other group companies, will be amalgamated into Avonmore Capital & Management Services Limited.
• The companies involved in this amalgamation are:
  • Almondz Global Securities Limited (remaining business)
  • Almondz Insolvency Resolutions Services Private Limited
  • Almondz Finanz Limited
  • Apricot Infosoft Private Limited
  • Avonmore Developer Private Limited
  • Anemone Holding Private Limited

3. Share Exchange Ratio for Amalgamation

• Shareholders of Almondz Global Securities Limited (for the remaining business) will receive 967 equity shares of Avonmore Capital for every 1,000 shares held.

Rationale Behind the Restructuring

The primary drivers for this complex restructuring include:

1. Regulatory Compliance: To align with the Securities Contract Regulations Rules (SCRR) and NSE guidelines, which restrict stock exchange members from engaging in non-securities businesses.
2. Operational Efficiency: The scheme aims to enhance operational efficiency by pooling financial, managerial, and technical resources across the group.
3. Focused Growth Strategies: Allowing each entity to pursue independent growth strategies for their targeted client base.
4. Simplification of Corporate Structure: Rationalizing the group structure and reducing the number of Non-Banking Financial Companies within the Almondz Group.
5. Cost Savings: Reduction in multiplicity of legal and regulatory compliances, leading to cost savings in administrative and managerial expenditures.

Impact on Shareholding

Post-scheme, Avonmore Capital's promoter shareholding is expected to decrease from 58.38% to 45.40%, while public shareholding will increase from 41.62% to 54.60%.

Financial Snapshot

As of June 30, 2025:

Regulatory Approvals

The scheme is subject to approvals from:

• National Company Law Tribunal
• Shareholders and creditors of the involved companies
• Relevant regulatory authorities

Conclusion

This comprehensive restructuring plan represents a significant move for Avonmore Capital and its group companies. By separating the broking and non-broking businesses and consolidating various entities, the group aims to create a more focused and efficient corporate structure while ensuring compliance with regulatory requirements. The success of this scheme could potentially lead to improved operational performance and value creation for shareholders across the group's businesses.