Avonmore Capital & Management Services Limited (AVONMORE) AI Stock Analysis

• Market Cap: ₹3.30B
• Dividend Yield: N/A
• Average Volume (3M): 48.78K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 1.63
• Revenue Growth: -3.87%
• EPS Growth: -56.35%
• Country: IN
• Employees: 9
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.32
• Shares Outstanding: 282,184,750
• 10 Day Avg. Volume: 22,533
• 30 Day Avg. Volume: 48,780
• PEG Ratio: 0.11
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 2.42
• P/FCF Ratio: 71.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ₹12.50 ▼(-32.54% Downside)
• Action: Reiterated Date: 03/14/26
• Date: Action: Reiterated 03/14/26

The score is primarily supported by strong financial fundamentals (revenue growth, stable balance sheet, strong ROE), tempered by weaker operating cash-flow conversion. Technicals are a meaningful drag due to a pronounced downtrend despite oversold readings, while valuation appears reasonable based on the P/E.

Positive Factors

Revenue Growth

Consistent top-line expansion signals durable demand or improved market penetration for the firm's services. Over a multi-month horizon this supports sustainable scale, better fixed-cost absorption and provides management flexibility to invest in growth initiatives or shore up margins without relying on short-term market moves.

Conservative Balance Sheet & ROE

A conservatively leveraged balance sheet and strong return on equity underpin financial resilience and funding optionality. This durable position lowers solvency risk, enables inorganic or organic investment capacity, and supports continuity of operations and returns across 2-6 months of market or economic variability.

Robust Margins & Positive Free Cash Flow

Healthy operating margins paired with positive free cash flow indicate core profitability and real cash generation. This combination sustains reinvestment, debt servicing and discretionary uses like dividends or buybacks, providing structural financial strength beyond transient revenue cycles.

Negative Factors

Weak Operating Cash Conversion

Lower conversion of accounting profits into cash is a structural concern; it can constrain the company's ability to fund working capital, capex or dividends without tapping reserves. Over months this may force tighter liquidity management or limit strategic choices despite accounting profitability.

Net Profit Margin Pressure

A declining net margin suggests rising costs, pricing pressure, or non-operating headwinds that erode bottom-line resilience. Persisting margin compression would reduce retained earnings and free cash generation capacity, weakening long-term profitability and returns even if revenue growth continues.

Earnings Decline / EPS Volatility

Material negative EPS growth signals earnings volatility or operational setbacks that can persist beyond near-term cycles. Sustained EPS declines undermine retained earnings, may pressure ROE and investor confidence, and can limit the firm's ability to execute strategic initiatives or attract long-term capital.

Avonmore Capital & Management Services Limited Business Overview & Revenue Model

Company Description

Avonmore Capital & Management Services Limited provides non-banking financial and sub-broker advisory services in India. The company's Debt and Equity Market Operations segment deals/trades in securities and bonds. Its Consultancy and Advisory Fees segment offers merchant banking, underwriting commission, corporate and infrastructure advisory, loan syndication fees and arranger of debts/bonds, etc.; and advisory services related to infrastructure projects. The company's Wealth/Broking Activities segment is involved in stock and share broking, and other related services, as well as real estate broking services. Its Finance Activities segment grants loans. The company's Healthcare Services segment establishes, administers, owns, and operates eye care hospitals. Its Investment Activities segment engages in the investment activities. The company was formerly known as Almondz Capital & Management Services Limited. The company was incorporated in 1991 and is headquartered in New Delhi, India.

How the Company Makes Money

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Avonmore Capital & Management Services Limited Financial Statement Overview

Summary

Strong revenue growth and solid profitability metrics alongside a stable, conservatively leveraged balance sheet (low debt-to-equity, healthy equity ratio, strong ROE). The main offset is weaker cash-flow conversion, with operating cash flow down and a less favorable operating cash flow to net income relationship despite positive free cash flow.

Income Statement

Avonmore Capital & Management Services Limited has demonstrated strong revenue growth with a notable increase in total revenue from the previous year. The gross profit margin and EBIT margin are robust, indicating efficient cost management and operational profitability. However, the net profit margin decreased slightly compared to prior years, reflecting some increased costs or other factors impacting net income.

Balance Sheet

The company's balance sheet is stable with a healthy equity ratio, signifying strong financial backing by equity. The debt-to-equity ratio is low, indicating conservative use of leverage. Return on equity is strong, showcasing effective use of equity capital to generate profits.

Cash Flow

The cash flow statement reflects a reduction in operating cash flow compared to previous periods, but free cash flow remains positive, indicating sufficient cash generation after capital expenditures. The operating cash flow to net income ratio suggests less cash is being converted from net income, which is a potential area for improvement.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.62B	1.77B	1.19B	2.10B	789.29M	588.32M
Gross Profit	505.50M	633.60M	385.50M	1.56B	304.65M	169.72M
EBITDA	367.07M	521.47M	280.57M	1.59B	522.69M	365.91M
Net Income	140.68M	289.98M	124.06M	1.15B	324.74M	218.22M
Balance Sheet
Total Assets	5.79B	5.80B	5.19B	4.43B	3.74B	3.09B
Cash, Cash Equivalents and Short-Term Investments	118.40M	356.55M	301.28M	297.70M	277.39M	317.15M
Total Debt	255.30M	210.82M	225.93M	264.59M	176.77M	200.29M
Total Liabilities	841.60M	964.87M	1.25B	802.77M	898.11M	659.87M
Stockholders Equity	3.79B	3.74B	3.02B	2.78B	2.06B	1.74B
Cash Flow
Free Cash Flow	6.70M	59.80M	356.85M	150.30M	-65.21M	-37.58M
Operating Cash Flow	10.90M	106.50M	424.75M	180.45M	-5.79M	-35.60M
Investing Cash Flow	-261.40M	-287.50M	-357.92M	-175.87M	122.79M	24.00M
Financing Cash Flow	47.30M	479.40M	-134.71M	-21.88M	-78.13M	-62.07M

Avonmore Capital & Management Services Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.53
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AVONMORE, the sentiment is Negative. The current price of 18.53 is above the 20-day moving average (MA) of 14.38, above the 50-day MA of 15.65, and above the 200-day MA of 17.89, indicating a bearish trend. The MACD of -0.75 indicates Positive momentum. The RSI at 27.01 is Positive, neither overbought nor oversold. The STOCH value of 18.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AVONMORE.

Avonmore Capital & Management Services Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AVONMORE	65 Neutral	₹3.30B	14.75	―	―	-3.87%	-56.35%
NAHARCAP	62 Neutral	₹3.65B	8.25	―	0.57%	-36.38%	93.15%
ALMONDZ	60 Neutral	₹2.40B	6.06	―	―	7.76%	-48.14%
NDGL	58 Neutral	₹2.32B	-9.03	―	0.09%	―	―
NBIFIN	57 Neutral	₹4.40B	25.40	―	0.02%	―	―
WELINV	53 Neutral	₹4.66B	-977.73	―	―	―	―