Almondz gets exchange nod for ₹13.3 cr preferential warrant issue

Tipsheet Editorial — Mon, 22 Jun 2026 11:28:38 GMT

The non-promoter warrant issuance at ₹16.58 per share follows the withdrawal of a larger loan conversion plan and could bring new investors.

What’s new

In-principle approval from BSE and NSE for 80 lakh warrants at ₹16.58 each.
Warrants to be issued to non-promoters, raising up to ₹13.3 crore.
Follows withdrawal of a larger loan conversion; a separate promoter warrant issue remains.

Why it matters

The exchange approval significantly reduces execution risk for this capital raise. For a nano-cap with a ₹233 cr market cap, ₹13.3 cr (5.8% of mcap) is a material infusion. The non-promoter placement could broaden the investor base, but the company's profitability has been sliding — net profit turned zero in the latest quarter.

What we’re watching

Timeline for warrant conversion and new investor names.
Dilution impact on earnings per share post-conversion.
Any further capital plans after this raise.

The full read

Almondz Global Securities has cleared a key procedural hurdle for its ₹13.3 crore preferential warrant issue, receiving in-principle approval from both BSE and NSE. The company will issue 80 lakh warrants at ₹16.58 each to non-promoters, a move that follows the withdrawal of a larger loan conversion proposal. For a nano-cap with a ₹233 crore market cap, the ₹13.3 crore infusion is material, roughly 5.8% of equity. The exchange nod reduces execution risk and could bring in new investors. Yet the company's financials tell a less cheering story: revenue was ₹72 crore in the March quarter, but net profit was zero. The dilution from full conversion would add 80 lakh shares, modest but still a drag per share. It's an open question.

Primary source: BSE · NSE

Almondz Global Securities revenue climbs 34%, but profit slips

Tipsheet Editorial — Fri, 22 May 2026 15:18:18 GMT

The company eyes June for biofuel procurement contracts in Odisha as infrastructure advisory growth targets reach 18-20%.

What’s new

March quarter revenue rose 34% year-on-year to ₹72.55 crore.
The delayed Odisha biofuel plant is finally complete.
Oil marketers plan to award procurement contracts in June.

Why it matters

Revenue growth is clear, but margin compression took a bite out of the bottom line. The story now shifts from completion to commercialization of the Odisha plant.

What we’re watching

Whether oil marketing companies confirm the expected June contract timeline.
Conversion of the ₹260 crore advisory order book into recognized revenue.
The trajectory of net margins after the recent slip.

The full read

Almondz Global Securities logged a 34% revenue jump to ₹72.55 crore in the March quarter, but profit didn't follow the trend. Net profit dropped to ₹5.37 crore compared to ₹6.04 crore in the same period last year. Management pointed to two pillars for the coming fiscal year: a completed biofuel plant in Odisha and a ₹260 crore order book in infrastructure advisory. The biofuel facility remains the primary point of uncertainty. While construction is finished, the company awaits procurement contracts from oil marketers, which are now slated for June. If those contracts land, they provide the revenue base for the advisory segment's projected 18-20% growth. For now, Almondz is caught in a familiar transition—trading current profitability for the promise of pending industrial tenders. June is the next real test.

Primary source: BSE · NSE

Almondz Global Securities Ltd. (ALMONDZ) — Tipsheet

Almondz gets exchange nod for ₹13.3 cr preferential warrant issue

What’s new

Why it matters

What we’re watching

The full read

Almondz Global Securities revenue climbs 34%, but profit slips

What’s new

Why it matters

What we’re watching

The full read