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

• Market Cap: ₹3.99B
• Dividend Yield: N/A
• Average Volume (3M): 48.78K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 1.47
• 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: 67 Neutral
• Price Target: ₹15.50 ▼(-16.35% Downside)
• Action: Reiterated Date: 11/15/25
• Date: Action: Reiterated 11/15/25

Avonmore Capital & Management Services Limited's overall stock score is driven by strong financial performance, particularly in revenue growth and balance sheet stability. However, technical indicators suggest mixed market momentum, and the valuation is moderate with no dividend yield. The lack of earnings call data and corporate events limits further insights.

Positive Factors

Revenue Growth Trend

Sustained revenue growth indicates expanding client activity or product uptake in the capital markets business. Over a multi-month horizon this supports reinvestment, funding of strategic initiatives and a higher revenue base that underpins long-term profitability and competitive positioning.

Balance Sheet Strength

A low leverage profile and healthy equity ratio provide financial flexibility to withstand market stress, pursue opportunistic investments, and avoid costly refinancing. Strong ROE noted suggests efficient use of equity capital, supporting durable solvency and strategic optionality.

Positive Free Cash Flow

Positive free cash flow signals the business generates surplus cash to fund growth, service obligations, or return capital. Over 2–6 months this underpins operational autonomy and enables sustainable capital allocation even if operating cash conversion is weaker.

Negative Factors

Earnings Decline

A notable decline in EPS reflects pressure on core earnings power, reducing internal funding for expansion and shareholder returns. If persistent, falling EPS can constrain strategic investments and weaken perceived ability to sustain margins and capital projects over the medium term.

Weaker Cash Conversion

Reduced conversion of net income into operating cash weakens liquidity and raises reliance on non-operational sources to meet obligations. Over months this can limit the company’s capacity to fund working capital, invest in growth, or respond to volatility without tapping external financing.

Compression of Net Margin

A declining net margin signals margin pressure from higher costs or non-operating items. Persisting margin compression reduces free cash flow and ROE, eroding the company’s ability to absorb shocks, invest in competitive initiatives, or sustainably grow shareholder returns.

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

AVONMORE generates revenue through various channels, primarily by charging fees for its investment management services, which may include a percentage of assets under management (AUM) and performance-based fees. The firm also earns income from financial advisory services, which involve consulting fees for strategic investment advice and financial planning. Additionally, AVONMORE may have partnerships with financial institutions and investment firms, allowing for enhanced service offerings and shared revenue opportunities. The company’s diversified portfolio of clients, including high-net-worth individuals and institutional investors, contributes to its overall earnings stability.

Avonmore Capital & Management Services Limited Financial Statement Overview

Summary

Avonmore Capital & Management Services Limited shows strong revenue growth and balance sheet stability with a solid capital structure. However, the cash flow conversion from net income could be improved to enhance liquidity and operational flexibility.

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	1.74B	1.77B	1.19B	2.10B	789.29M	588.32M
Gross Profit	604.80M	633.60M	385.50M	1.56B	304.65M	169.72M
EBITDA	510.67M	521.47M	280.57M	1.59B	522.69M	365.91M
Net Income	269.88M	289.98M	124.06M	1.15B	324.74M	218.22M
Balance Sheet
Total Assets	0.00	5.80B	5.19B	4.43B	3.74B	3.09B
Cash, Cash Equivalents and Short-Term Investments	0.00	356.55M	301.28M	297.70M	277.39M	317.15M
Total Debt	0.00	210.82M	225.93M	264.59M	176.77M	200.29M
Total Liabilities	-4.83B	964.87M	1.25B	802.77M	898.11M	659.87M
Stockholders Equity	4.83B	3.74B	3.02B	2.78B	2.06B	1.74B
Cash Flow
Free Cash Flow	0.00	59.80M	356.85M	150.30M	-65.21M	-37.58M
Operating Cash Flow	0.00	106.50M	424.75M	180.45M	-5.79M	-35.60M
Investing Cash Flow	0.00	-287.50M	-357.92M	-175.87M	122.79M	24.00M
Financing Cash Flow	0.00	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: Neutral
• STOCH: Neutral

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 14.81, above the 50-day MA of 16.23, and above the 200-day MA of 18.12, indicating a bearish trend. The MACD of -0.45 indicates Positive momentum. The RSI at 41.27 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, 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	67 Neutral	₹3.99B	14.75	―	―	-3.87%	-56.35%
NAHARCAP	62 Neutral	₹3.75B	8.25	―	0.57%	-36.38%	93.15%
ALMONDZ	60 Neutral	₹2.58B	6.06	―	―	7.76%	-48.14%
NDGL	58 Neutral	₹2.50B	-9.03	―	0.09%	―	―
NBIFIN	57 Neutral	₹4.60B	25.40	―	0.02%	―	―
WELINV	53 Neutral	₹4.70B	-977.73	―	―	―	―