Almondz Global Q1 profit jumps to ₹12.55 cr on green fuel JV
Consolidated profit surges, driven by Premier Green Innovations' ₹179.33 cr revenue and ₹11.41 cr profit. Infrastructure advisory wins ₹97.32 cr in mandates; Odisha biofuel plant idle pending OMC tender.
— 3 earlier stories on Almondz Global Securities Ltd. →What's new
- Q1 consolidated profit jumps to ₹12.55 cr from ₹5.37 cr a year ago.
- Green fuel JV Premier Green Innovations posts ₹179.33 cr revenue, ₹11.41 cr profit.
- Infrastructure advisory wins ₹97.32 cr in new mandates; company guides 20-22% revenue growth.
Why this matters
The profit recovery is sharp, but it is mostly from the JV whose Odisha plant remains idle. The 20-22% guidance and mandate wins are encouraging, but execution on the biofuel front is the missing piece. For a ₹228 cr market cap, the earnings are strong, but sustainability depends on the OMC tender.
What we're watching
- Whether oil marketing companies issue a procurement tender for the Odisha biofuel plant.
- Conversion of the ₹97.32 cr mandate wins into revenue.
- Any further updates on the preferential warrant issue approved in June.
The full read
Almondz Global Securities reported a consolidated profit of ₹12.55 crore for Q1 FY27, a sharp recovery from the flat profit of the March quarter and up from ₹5.37 crore a year ago. The driver was the green fuel joint venture Premier Green Innovations, which posted ₹179.33 crore in revenue and ₹11.41 crore in profit, though its Odisha biofuel plant sits idle, waiting on an oil marketing company tender. The infrastructure advisory segment won ₹97.32 crore in new mandates, and management guided for 20-22% revenue growth over FY26. These results are a clear step up, but the JV's idle plant and dependence on a single tender leave a question mark. The ₹13.3 crore preferential warrant issue from June adds optionality, but for now the earnings story hinges on turning those mandates and the biofuel project into cash.
Questions answered
- How much did Almondz Global's profit grow in Q1 FY27?
- Consolidated net profit jumped to ₹12.55 crore from ₹5.37 crore in Q4 FY26 and from ₹6.04 crore in Q1 FY26, driven largely by the green fuel joint venture.
- Why is the Odisha biofuel plant idle if the JV is profitable?
- The plant is ready but awaiting a procurement tender from oil marketing companies. Until that opens, the JV's biofuel capacity remains unutilized.
- What is the scale of the infrastructure advisory mandate wins?
- The infrastructure advisory arm won new mandates worth ₹97.32 crore during the quarter, and the company expects 20-22% revenue growth over the previous financial year.
- How does the Q1 result compare to the previous quarter?
- Revenue of ₹44.96 crore is lower than the ₹72 crore reported in Q4 FY26, but profit swung from nil to ₹12.55 crore, reflecting a change in business mix and JV contribution.
Almondz Global Securities Ltd.
Latest quarter · Mar 2026
Leverage & growth
Story so far
All notes on ALMONDZ →- 28 Jul 2026 · 6:20 PM IST Almondz Global Q1 profit jumps to ₹12.55 cr on green fuel JV
- today Almondz Global Q1 profit nearly doubles to ₹12.53 cr
- 36d ago Almondz gets exchange nod for ₹13.3 cr preferential warrant issue
- 67d ago Almondz Global Securities revenue climbs 34%, but profit slips