On 6 Nov 2026, Almondz Global Securities was priced at ₹18.24, or 9.6× trailing earnings, against an industry P/E of 18.4×, and the shares are 17% below their 52-week high. Sales and net profit grew 35% and 21% a year over 3 years; its ROCE of 12% is the lowest among the 7 largest Capital Markets peers, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹349 Cr, ranked 49th of 219 Capital Markets companies by market cap; the shares rose 0.2% over the past year.
- ₹17.93
- ₹18.40
- ₹17.51
- ₹17.93
- 25.7K
Health check
- ReturnsIn line
+0.2% over a year, better than 3 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales +35.5%, profit +20.7% a year over 3 years.
- ProfitabilityWeak
ROCE 11.5% vs peer median 22.1%.
- Balance sheetSolid
Debt 0.09× equity, interest covered 18.0×, Piotroski 6 of 9.
- Red flags1 to check
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹349 Cr
- Small cap
- P/E
- 9.6
- Industry 18.4
- Price to book
- 1.08
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 12.9%
- Peers 18.9%
- ROCE
- 11.5%
- Peers 22.1%
- Debt to equity
- 0.09
- Debt ₹30 Cr
- EPS (TTM)
- ₹1.90
- Face value ₹1
- OPM (TTM)
- 14.8%
- Net margin 19.9%
- Sales growth
- +24.6%
- Latest quarter vs a year ago
- Profit growth
- +81.6%
- Latest quarter vs a year ago
- Price to sales
- 1.87
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 81.6% on a year ago.
- Quarterly sales up 24.6% on a year ago.
- Promoter stake up from 51.2% to 56.1%.
Risks to check
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
About Almondz Global Securities
Almondz Global Securities Limited provides professional advisory and consultancy services in India. The company operates through Debt and Equity Market Operations, Corporate Finance/Advisory Fees, Wealth Advisory/Broking Activities, Infrastructure Advisory, and Healthcare Services segments. It offers merchant banking, underwriting commission, corporate and loan syndication, and debts/bonds arrangement services, as well as deals/trades in shares and bonds.…
- Headquarters
- New Delhi
- Employees
- 115
- Sector
- Financial Services
- ISIN
- INE326B01035
- Website
- almondzglobal.com
Price range
- Avg volume (3M)
- 2.5 L
- 1-year return
- plus 0.2%
- From 52-week high
- minus 16.8%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| ALMONDZAlmondz Global Securities | 18.24 | plus 1.73% | 349 | 9.6 | 1.08 | 11.5% | 12.9% | 14.8% | 35.5% | 20.7% | 0.00% | plus 0.2% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 29.5 | 33.4 | 54.9 | 72.2 | 36.8 | |
| 23.9 | 28.3 | 43.7 | 69.3 | 26.8 | |
| 5.7 | 5.1 | 11.2 | 2.9 | 10 | |
| 19.2% | 15.4% | 20.3% | 4.0% | 27.1% | |
| 5 | 1.8 | 6.1 | 5.4 | 5.2 | |
| 1.2 | 1.1 | 1 | 1 | 1.1 | |
| 1.4 | 1.4 | 1.5 | 1.4 | 1.3 | |
| 8.1 | 4.4 | 14.7 | 5.9 | 12.7 | |
| 14.5% | 12.4% | 13.0% | 11.9% | 1.3% | |
| 6.9 | 3.6 | 12.8 | 4.9 | 12.5 | |
| 0.40 | 0.21 | 0.73 | 0.28 | 0.68 |
Profit & loss
- Sales CAGR 3Y
- +35.5%
- Profit CAGR 3Y
- +20.7%
- EPS CAGR 3Y
- +19.0%
- ROE
- 12.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 74.9 | 112 | 148 | 186 | |
| – | +49.4% | +32.2% | +26.0% | |
| 65.1 | 98.7 | 134 | 164 | |
| 9.8 | 13.2 | 13.7 | 22.6 | |
| 13.1% | 11.8% | 9.2% | 12.1% | |
| 13.9 | 11.6 | 11.7 | 17.2 | |
| 2.1 | 2.6 | 2.2 | 1.9 | |
| 1.8 | 2 | 2.3 | 4 | |
| −2 | 15.7 | −0.5 | −0.8 | |
| 17.8 | 35.9 | 20.3 | 33.1 | |
| 11.2% | 5.1% | 14.6% | 13.1% | |
| 15.8 | 34.1 | 17.3 | 27.8 | |
| – | +115.9% | minus 49.1% | +60.3% | |
| 0.97 | 1.16 | 1.02 | 1.63 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 15.5 | 16.1 | 17.2 | 17.4 | |
| 195 | 204 | 224 | 252 | |
| 20.5 | 23.4 | 53.1 | 49.3 | |
| 40.4 | 73.7 | 56.7 | 64.8 | |
| 271 | 317 | 351 | 384 | |
| 15 | 21.8 | 20 | 17.7 | |
| 1.3 | – | – | – | |
| 9 | 12.6 | 13.1 | 20.6 | |
| 39.2 | 44.6 | 61 | 66.8 | |
| 207 | 238 | 257 | 278 | |
| 271 | 317 | 351 | 384 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −13.7 | 35.1 | −9.4 | −4.1 | |
| 1.9 | −33.2 | −12.8 | −33.4 | |
| 6.6 | −5.8 | 32.5 | 21.7 | |
| −5.2 | −3.9 | 10.3 | −15.8 | |
| −2 | −5.9 | −5 | −1.9 | |
| −15.8 | 29.2 | −14.4 | −6 |
Shareholding pattern
- Promoters56.07%
- Public43.93%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 56.07% | 43.93% | plus 1.06 | |
| 24 Jul 2026 | 55.01% | 44.99% | plus 4.19 | |
| 30 Jun 2026 | 50.82% | 49.18% | minus 0.36 | |
| 31 Mar 2026 | 51.18% | 48.82% | 0.00 | |
| 31 Dec 2025 | 51.18% | 48.82% | – |
Major shareholders
Filings & events
News
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