Press Release

Avonmore Capital & Management Services Ltd. Ref: acms/corres/Bse-Nse/26-27/41 November 2, 2026 The General Manager The Listing Department (Listing & Corporate Relations) National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400051 Mumbai - 400 001 Sub: Press Release Dear Madam/Sir, Please find enclosed herewith Press Release issued by the Company with regard to Unaudited Financial Results (Standalone & Consolidated) for the Quarter ended September 30, 2026. You are requested to kindly take the same on your record. Thanking you, Yours Faithfully, For Avonmore Capital& Management Services Limited Sonal Company Secretary & Compliance Officer Encl:a/a Registered Office: Level-5, Grande Palladium,175,CST Road, Off BKC Kalina,Santacruz(E) Vidyanagari, Mumbai, Maharashtra-400098, Tel. +91 22 67526699, Fax: +91 22 67526603 Corporate Office: F-33/3, Okhla Industrial Area, Phase-II, New Delhi-110020,Tel:011-43500700, Fax: 011-43500735, CIN: L67190MH1991PLC417433,Email: secretarial@almondz.com Website: www.avonmorecapital.in Avonmore Capital & Management Services Ltd. PRESS RELEASE New Delhi, November 02, 2026 Subject: Financial Performance Update for 2Q FY 2026-27 and Business Outlook for 3Q FY 2026-27 Avonmore Capital & Management Services Limited (“the Company”) is pleased to provide an update on its consolidated financial performance for the second quarter (2Q) of the financial year 2026-27, together with its guidance for the upcoming third quarter (3Q) of FY 2026-27. Consolidated Financial Highlights The Company has reported consolidated total revenue of Rs. 44.36 crore with a profit of Rs. 10.84 crore for 2Q FY 2026-27, as compared to total revenue of Rs. 37.04 crore with a profit of Rs. 5.99 crore in 2Q FY 2025-26. Consolidated (Rs. crore) 2Q FY 2026-27 2Q FY 2025-26 Total Revenue 44.36 37.04 Profit 10.84 5.99 The Company operates through three primary verticals: • Financial Services (comprising Broking, Wealth Advisory, Corporate Advisory, Merchant Banking, and Debt & Equity Operations); • Green Fuel Business; and • Infrastructure Consulting Business. • NBFC Activities Performance Overview – Financial Services During 2Q FY 2026-27, the Company achieved total revenue of Rs. 9.93 crore with a profit of Rs. 2.21 crore, as compared to revenue of Rs. 8.99 crore with a profit of Rs. 2.86 crore in 2Q FY 2025-26. The lower performance relative to the previous quarter was primarily attributable to adverse capital market conditions, which resulted in a decline in mark-to-market gains on the outstanding investment portfolio. Financial Services (Rs. crore) 2Q FY 2026-27 2Q FY 2025-26 Total Revenue 9.93 8.99 Profit 2.21 2.86 Registered Office: Level-5, Grande Palladium,175,CST Road, Off BKC Kalina,Santacruz(E) Vidyanagari, Mumbai, Maharashtra-400098, Tel. +91 22 67526699, Fax: +91 22 67526603 Corporate Office: F-33/3, Okhla Industrial Area, Phase-II, New Delhi-110020,Tel:011-43500700, Fax: 011-43500735, CIN: L67190MH1991PLC417433,Email: secretarial@almondz.com Website: www.avonmorecapital.in Avonmore Capital & Management Services Ltd. During the current financial year, the Merchant Banking Advisory business is expected to witness growth in both revenue and profitability, supported by a strong pipeline of outstanding mandates currently under execution. Performance Overview – Green Fuel Business The Company is engaged in the production of green biofuel and distillery operations through its joint venture company, Premier Green Innovations Private Limited (PGIPL), in which the Company holds 40.99% of the total equity. The holding company, Avonmore Capital & Management Services Limited, also holds an 8.88% equity stake in PGIPL. During 2Q FY 2026-27, PGIPL recorded total revenue of Rs. 202.24 crore and a profit of Rs. 12.59 crore, as compared to revenue of Rs. Rs. 129.90 crore and a profit of Rs. 3.66 crore in 2Q FY 2025-26. PGIPL (Rs. crore) 2Q FY 2026-27 2Q FY 2025-26 Total Revenue 202.24 129.90 Profit 12.59 3.66 The capacity of the Himachal Plant is 285 KLPD and is operational at full capacity. Status of Odisha Plant – PGIPL The Odisha plant has not yet commenced commercial production on a full scale, as the procurement agreement with the Oil Marketing Companies (OMCs) is awaited. Nevertheless, the plant produced 71 lac litres of ethanol during 2Q FY 2026-27. The OMCs have floated the tender for the supply of ethanol for FY 2026-27, and PGIPL has participated in the tender. The Company expects full-fledged production and supply of ethanol to commence from the third week of November 2026, by which time the allocation process is expected to be completed by the OMCs. The capacity of Odisha Plant is 200 KLPD and is expected to go fully operational at 80% capacity in the third quarter. Performance Overview – Infrastructure Consulting Business During 2Q FY 2026-27, the Company earned revenue of Rs. 32.94 crore with a profit of Rs. 2.90 crore, as compared to revenue of Rs. 25.89 crore with a profit of Rs. 2.42 crore in 2Q FY 2025-26. Registered Office: Level-5, Grande Palladium,175,CST Road, Off BKC Kalina,Santacruz(E) Vidyanagari, Mumbai, Maharashtra-400098, Tel. +91 22 67526699, Fax: +91 22 67526603 Corporate Office: F-33/3, Okhla Industrial Area, Phase-II, New Delhi-110020,Tel:011-43500700, Fax: 011-43500735, CIN: L67190MH1991PLC417433,Email: secretarial@almondz.com Website: www.avonmorecapital.in Avonmore Capital & Management Services Ltd. The increase in revenue is mainly attributable to higher revenue from DPR projects. The Company is hopeful of sustaining the growth trend in both revenue and profitability over the previous year. Infrastructure Consulting (Rs. crore) 2Q FY 2026-27 2Q FY 2025-26 Total Revenue 32.94 25.89 Profit 2.90 2.42 Outlook During the current financial year, growth in revenue and profitability is expected to be 20-25% compared to the previous financial year. Almondz Global Infra Consultant Limited (AGICL) has secured more than double new order book in the 1st Half year 2026-27 as compared with the 1st Half year 2025-26. AGICL has secured new order book of Rs. 154 crores in the 1st Half year as on 30th September 2026, as against Rs. 72 crores in the 1st Half year as on 30 September 2025, a growth of about 214%. With this, AGICL’s Total orders book have crossed the Rs. 400 crores mark as on 30th September 2026. The new orders will be executed over a period of three years, giving the Company a clear, multiyear pipeline of work and strong visibility on delivery and revenue as these mandates are mobilized. Performance Overview – NBFC Activities During 2Q FY 2026-27, the Company earned revenue of Rs. 1.24 crore with a profit of Rs. 1.18 crore, as compared to revenue of Rs. 2.04 crore with a profit of Rs. 1.39 crore in 2Q FY 2025-26. NBFC Activities (Rs. crore) 2Q FY 2026-27 2Q FY 2025-26 Total Revenue 1.24 2.04 Profit 1.18 1.39 This Press Release is available on the websites of the Stock Exchanges where the Company’s equity shares are listed, i.e., www.nseindia.com and www.bseindia.com, and on the Company’s website at www.avonmorecapital.in. Registered Office: Level-5, Grande Palladium,175,CST Road, Off BKC Kalina,Santacruz(E) Vidyanagari, Mumbai, Maharashtra-400098, Tel. +91 22 67526699, Fax: +91 22 67526603 Corporate Office: F-33/3, Okhla Industrial Area, Phase-II, New Delhi-110020,Tel:011-43500700, Fax: 011-43500735, CIN: L67190MH1991PLC417433,Email: secretarial@almondz.com Website: www.avonmorecapital.in Avonmore Capital & Management Services Ltd. For further information, please contact: Shakti Singh – Chief Financial Officer Avonmore Capital & Management Services Limited Tel: +91-11-43500700 Email: shakti.singh@almondz.com Website: www.avonmorecapital.in Disclaimer: This document may contain certain forward-looking statements concerning the Company’s future business prospects and business profitability, which are subject to sever [Showing first 8,000 characters — download PDF for full document]