Almondz Global Securities reported a steady rise in its consolidated net profit for the fourth quarter of FY2024–25, buoyed by solid performances across its infrastructure consulting, green energy, and financial services segments. The company posted a net profit of Rs. 6.15 crore, reflecting a 2.5 percent increase over the same period last year. Operating income surged 14.85 percent year-on-year for the March quarter and nearly 26 percent for the full fiscal year, reaching Rs. 151.36 crore. With a robust infrastructure order book and recent ethanol plant commissioning, Almondz signals optimism for sustained growth across verticals.
Quarterly Performance: Steady Growth Across Verticals
Almondz Global Securities Ltd. recorded a consolidated net profit of Rs. 6.15 crore in the fourth quarter ended March 31, 2025, marginally higher than the Rs. 6 crore it posted in the corresponding period of the previous year. The uptick in earnings was supported by broad-based strength across its core businesses—namely infrastructure consulting, green energy, and financial services.
Operating income for the March quarter stood at Rs. 53.22 crore, registering a 14.85 percent increase over Rs. 46.34 crore in the same quarter of FY2023–24. This growth reflects both volume expansion and improved operational execution across divisions.
Full-Year Financials: Momentum Sustained in FY2024–25
For the full fiscal year ending March 31, 2025, Almondz reported consolidated operating income of Rs. 151.36 crore, a notable 25.94 percent jump from Rs. 120.18 crore in the preceding year. Managing Director Navjeet Singh Sobti attributed this performance to strong execution across all business verticals, underscoring the firm's resilience and strategic positioning.
"The year has been marked by a healthy uptick in turnover, with each vertical contributing meaningfully to the consolidated performance," Sobti said.
Infrastructure Consulting: Order Book Strength and Policy Tailwinds
A key driver of the company’s growth remains its infrastructure consulting division, housed under the wholly owned subsidiary Almondz Global Infra-Consultant Ltd. The segment currently boasts an order book exceeding Rs. 350 crore.
Sobti noted that the government's ongoing focus on infrastructure development presents an advantageous macro environment, offering the company ample scope to sustain and scale its consulting operations. “We are well poised to capitalise on policy momentum and plan to deepen our project execution capabilities,” he added.
Green Energy: Commissioning and Capacity Expansion
In the green energy vertical, Premier Green Innovations, a group entity, achieved a significant milestone by commissioning a 300 KLPD (kilo litres per day) ethanol production facility in Himachal Pradesh during FY2024–25. The plant is expected to contribute to revenues in subsequent quarters.
Furthermore, implementation of a 250 KLPD ethanol plant in Odisha is underway, with completion targeted by September 30, 2025. The company expects these capacities to bolster earnings and diversify its renewable energy revenue streams.
Financial Services: Navigating Market Volatility
While revenues from financial services grew during the fiscal year, profit growth in this vertical was partially tempered by unrealised mark-to-market (MTM) losses on investments. Despite this headwind, the company remains optimistic about the segment’s prospects.
Almondz aims to enhance returns by prioritising fee-based income streams, deploying cutting-edge technology, and leveraging favorable market conditions. Offerings in this vertical include equity broking, wealth management, and depository participant services, which are poised for scale amid rising investor participation.
Outlook: Building on a Solid Foundation
Looking ahead, Almondz Global Securities is positioning itself to capture long-term growth by deepening its presence in high-potential sectors such as infrastructure and renewable energy. The management’s emphasis on execution discipline, technology integration, and diversified business lines places the firm on firm footing as it navigates an evolving economic landscape.
With a strong order pipeline, expanding manufacturing capacity, and a disciplined financial services strategy, Almondz appears well-equipped to sustain its upward trajectory in the coming fiscal year.
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