Avonmore Capital & Management Services Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, alongside a strategic acquisition that will expand its infrastructure consultancy capabilities. The board meeting held on February 13, 2026, approved both the quarterly results and the acquisition of Excelling Geo & Engineering Consultant Private Limited.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed mixed results across standalone and consolidated operations. On a standalone basis, revenue from operations declined to Rs. 241.00 lakh in Q3 FY26 from Rs. 265.00 lakh in the corresponding quarter of the previous year.

Consolidated Performance Shows Strong Growth

The consolidated financial results demonstrated robust performance with revenue from operations reaching Rs. 5,386.00 lakh in Q3 FY26, representing a significant increase from Rs. 3,525.00 lakh in Q3 FY25. The consolidated net profit surged to Rs. 1,530.00 lakh in Q3 FY26 compared to Rs. 148.00 lakh in the corresponding quarter of the previous year.

For the nine-month period ended December 31, 2025, consolidated revenue from operations stood at Rs. 12,742.00 lakh compared to Rs. 12,462.00 lakh in the corresponding period of the previous year. The consolidated net profit for nine months remained relatively stable at Rs. 2,878.00 lakh compared to Rs. 2,898.00 lakh in the previous year.

Strategic Acquisition Details

The board approved the acquisition of 100% equity shares of Excelling Geo & Engineering Consultant Private Limited (EGE Consultant) for Rs. 1,00,00,000. The acquisition involves purchasing 1,00,000 fully paid-up equity shares of face value Rs. 10.00 each at a price of Rs. 100.00 per equity share.

Business Rationale and Strategic Alignment

EGE Consultant operates in the infrastructure advisory and consultancy services sector, with expertise in engineering, project management, and construction supervision. The company reported a turnover of Rs. 2,12,18,740 for the financial year ended March 31, 2025. The acquisition is strategically aligned with Avonmore's existing infrastructure advisory business through its subsidiary Almondz Global Securities Limited and step-down subsidiary Almondz Global Infra-Consultant Limited.

The transaction is classified as a related party transaction due to common directorship, with Mr. Amitabh Sharan serving as Director of EGE Consultant and having been appointed as Director in the company's step-down subsidiary. The company has confirmed that the transaction is being undertaken on an arm's length basis.

Regulatory Compliance and Next Steps

The financial results have been reviewed by the Audit Committee and approved by the Board of Directors. The results are prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013. The acquisition is subject to the execution of a Share Purchase Agreement and satisfaction of conditions stipulated therein, with completion expected by March 31, 2026.

Avonmore Capital & Management Services Ltd. has reported a consolidated net profit of ₹619.00 lakh for the quarter ended September 30, while also announcing the withdrawal of its proposed ₹377.00 crore preferential issue.

Financial Performance

For the quarter ended September 30, Avonmore Capital reported:

• Consolidated net profit: ₹619.00 lakh
• Standalone net profit: ₹65.00 lakh

The company's financial performance showed resilience across various segments:

Withdrawal of Preferential Issue

In a significant development, Avonmore Capital has decided to withdraw its proposed preferential issue of up to 3.77 crore fully convertible warrants worth ₹377.00 crore. The company cited two primary reasons for this decision:

1. Pending approvals for a composite scheme of arrangement filed with stock exchanges.
2. The desire to avoid changes in the company's capital structure until requisite approvals are obtained.

The Board of Directors had initially approved this preferential issue on August 13, which was subsequently approved by shareholders at an Extraordinary General Meeting on September 9. However, the in-principle approval from the stock exchange was still pending.

Composite Scheme of Arrangement

Avonmore Capital has filed a Composite Scheme of Arrangement with the stock exchanges, which is currently awaiting approval. This scheme involves several group companies, including Almondz Global Securities Limited and its subsidiaries.

Outlook

While the withdrawal of the preferential issue may impact the company's immediate capital plans, Avonmore Capital's diverse business segments continue to show resilience. The company's focus on debt and equity market operations, consultancy, wealth advisory, and finance activities provides a balanced portfolio that may help navigate market fluctuations.

Investors and stakeholders will likely keep a close watch on the progress of the Composite Scheme of Arrangement, as its approval could potentially reshape the company's structure and operations in the coming months.