Almondz Global Securities Q2 Profit Rises 137% to ₹9.13 Crore; Infrastructure Order Book Crosses ₹400 Crore
New Delhi : Almondz Global Securities Limited (AGSL) has reported a
136.5 per cent year-on-year increase in consolidated profit to ₹9.13 crore for the second quarter ended September 30, 2026, compared with ₹3.86 crore in the corresponding quarter of the previous financial year.
Consolidated revenue increased 17.9 per cent to ₹40.09 crore from ₹34.00 crore during the same period, supported by growth in infrastructure consulting and contributions from the Group’s diversified business operations.
The quarterly performance comes amid continued expansion across the Almondz Group’s financial services, infrastructure consulting and green fuel businesses, with the companies and subsidiaries developing complementary capabilities across their respective sectors.
The infrastructure consulting business reported a strong order pipeline, with its total order book crossing ₹400 crore, while the green fuel joint venture recorded significant growth in revenue and profitability.
Founder Highlights Group’s Integrated Growth Strategy
Commenting on the performance and the Group’s growth trajectory, Navjeet Singh Sobti, Founder, Almondz Group, said:
“Our performance reflects more than growth in individual businesses. It reflects the strength of a Group whose companies increasingly complement one another, bringing together financial expertise, infrastructure capabilities, and emerging opportunities in green energy.
“We have been deliberate in building independently strong businesses, yet collectively create greater value. As these platforms mature, we are seeing the benefits of that approach in our execution capabilities, order pipeline and operating performance.
“Our focus now is on scaling this momentum responsibly, strengthening collaboration across the Group and building an institution capable of delivering sustained, long-term value.”
Consolidated Financial Performance
For the quarter ended September 30, 2026, Almondz Global Securities reported the following consolidated results:
| Particulars | Q2 FY27 | Q2 FY26 | YoY Growth |
| Total Revenue | ₹40.09 crore | ₹34.00 crore | 17.9% |
| Profit | ₹9.13 crore | ₹3.86 crore | 136.5% |
Particulars
Q2 FY27
Q2 FY26
YoY Growth
Total Revenue
₹40.09 crore
₹34.00 crore
17.9%
Profit
₹9.13 crore
₹3.86 crore
136.5%
The performance reflects the company’s expanding business activities and contributions from its operating verticals.
Infrastructure Consulting Order Book Crosses ₹400 Crore
Almondz Global Infra Consultant Limited (AGICL), the Group’s infrastructure consulting business, reported revenue of ₹31.35 crore during the quarter, compared with ₹25.89 crore in the corresponding period last year, representing year-on-year growth of 21.1 per cent.
Profit increased 19.8 per cent to ₹2.90 crore from ₹2.42 crore, primarily supported by higher revenue from Detailed Project Report (DPR) assignments.
The business secured new orders worth ₹154 crore during the first half of FY2026–27, compared with ₹72 crore during the corresponding period of the previous financial year. This represents an increase of approximately 114 per cent.
With these additions, AGICL’s total order book exceeded ₹400 crore as of September 30, 2026.
The newly secured assignments are expected to be executed over approximately three years, providing a multiyear pipeline of projects and improved visibility on future business execution and revenue.
The company expects infrastructure consulting revenue and profitability to grow by 20–25 per cent during FY2026–27 compared with the previous financial year.
Green Fuel Joint Venture Records Strong Revenue and Profit Growth
Premier Green Innovations Private Limited (PGIPL), the Group’s green biofuel and distillery joint venture, recorded revenue of ₹202.24 crore during Q2 FY27, compared with ₹129.90 crore in the corresponding quarter last year, representing growth of 55.7 per cent.
Profit increased to ₹12.59 crore from ₹3.66 crore, reflecting year-on-year growth of approximately 244 per cent.
Almondz Global Securities holds a 40.99 per cent equity stake in PGIPL, while its holding company, Avonmore Capital & Management Services Limited, holds an additional 8.88 per cent stake.
PGIPL’s Himachal Pradesh facility, with a production capacity of 285 kilolitres per day (KLPD), is operating at full capacity.
The company’s Odisha ethanol facility, with a capacity of 200 KLPD, produced 71 lakh litres of ethanol during the second quarter.
The Odisha facility is awaiting procurement allocation from Oil Marketing Companies (OMCs) before commencing full-scale commercial production and supply.
PGIPL has participated in the OMC tender for ethanol supply for FY2026–27. Subject to completion of the allocation process, regular commercial production and supply are expected to commence from the third week of November 2026.
The Odisha facility is expected to achieve approximately 80 per cent capacity utilisation during the third quarter, subject to the anticipated operational and procurement arrangements.
Financial Services Business Maintains Revenue Amid Market Volatility
The financial services business, comprising broking, wealth advisory, corporate advisory, merchant banking and debt and equity operations, reported revenue of ₹8.05 crore during Q2 FY27, compared with ₹7.84 crore in the corresponding quarter last year.
Segment profit stood at ₹2.51 crore, compared with ₹3.01 crore a year earlier.
The moderation in profitability was primarily attributable to adverse capital market conditions, which resulted in lower mark-to-market gains on the outstanding investment portfolio.
The company expects its merchant banking advisory business to record growth in revenue and profitability during the current financial year, supported by mandates currently under execution.
Outlook: Building Scale Across Complementary Businesses
The Almondz Group continues to build its presence across financial services, infrastructure consulting, and green fuel operations, emphasising the development of complementary business capabilities and strengthening long-term growth opportunities.
The infrastructure consulting business’s order book exceeding ₹400 crore provides visibility on project execution over the coming years, while the anticipated expansion of ethanol production at the Odisha facility represents an important development for the green fuel business.
In financial services, the Group remains focused on expanding its advisory activities and executing its existing merchant banking mandates.
Together, these developments position the Group to pursue growth across its operating businesses while strengthening collaboration, execution capabilities and institutional capacity.
****
