Board Meeting Details

The meeting of the Board of Directors commenced at 13:00 and concluded at 14:15 on May 26, 2026.

Key Approvals and Matters

1. Audited Financial Results: The Board considered and approved the Audited Financial Results (Standalone & Consolidated) for the Quarter and Year ended March 31, 2026, as recommended by the Audit Committee.

2. Auditor Reports: Copies of Audited Financial Results along with Auditor Reports with un-modified opinion issued by M/s Mohan Gupta & Co., Chartered Accountants, Statutory Auditors of the Company.

3. Internal Auditor Re-appointment: Re-appointment of M/s Batra Neeraj & Associates, Chartered Accountants, as Internal Auditors for Financial Year 2026-27 effective April 1, 2026.

Financial Results - Standalone (Rs. in Lakh)

Quarter ended March 31, 2026:

  • Total Income: ₹259
  • Total Expenses: ₹349
  • Profit/(Loss) before tax: (₹30)
  • Tax Expense: (₹36) [Current tax: (₹24), Current tax prior years: ₹0, Deferred tax: (₹12)]
  • Net Profit/(Loss) for period: ₹6
  • Basic EPS: ₹0.00
  • Diluted EPS: ₹0.00

Year ended March 31, 2026:

  • Total Income: ₹1,074
  • Total Expenses: ₹960
  • Profit/(Loss) before tax: ₹114
  • Tax Expense: ₹178 [Current tax: ₹26, Current tax prior years: ₹0, Deferred tax: ₹152]
  • Net Profit/(Loss) for period: (₹64)
  • Basic EPS: (₹0.02)
  • Diluted EPS: (₹0.02)
  • Paid-up Equity Share Capital: ₹2,887

Financial Position - Standalone (as at March 31, 2026)

  • Total Assets: ₹26,627
  • Total Liabilities: ₹8,403
  • Total Equity: ₹18,127
  • Cash and cash equivalents: ₹31
  • Loans: ₹7,674
  • Investments: ₹17,204

Cash Flow - Standalone (Year ended March 31, 2026)

  • Net cash from operating activities: ₹1,810
  • Net cash used in investing activities: (₹2,000)
  • Net cash used in financing activities: (₹536)
  • Net decrease in cash: (₹727)

Financial Results - Consolidated (Rs. in Lakh)

Year ended March 31, 2026:

  • Profit before tax: ₹799
  • Net Profit for period: ₹3,488
  • Basic EPS: ₹0.28
  • Diluted EPS: ₹0.28
  • Paid-up Equity Share Capital: ₹2,887

Segment-wise Performance - Consolidated (Year ended March 31, 2026)

Revenue:

  • Debt and equity market operations: ₹1,238
  • Consultancy and advisory fees: ₹15,472
  • Wealth Advisory/Broking activities: ₹1,285
  • Finance activities: ₹1,008
  • Others: ₹47
  • Total: ₹19,063

Segment Results (Profit before tax and interest):

  • Debt and equity market operations: (₹1,013)
  • Consultancy and advisory fees: ₹2,282
  • Wealth Advisory/Broking activities: ₹87
  • Finance activities: ₹512
  • Healthcare activities: (₹131)
  • Others: (₹418)

Internal Auditor Details

M/s Batra Neeraj & Associates:

  • Proprietorship firm established in 1997
  • Registered office at 15/11-B, Tilak Nagar, New Delhi-110018
  • Founded by CA Neeraj Batra
  • Not related to any Directors of the Company

Additional Information

  • Results available on company website: www.avonmorecapital.in
  • Financial results prepared in accordance with Ind-AS
  • Figures for previous period regrouped/reclassified where necessary
  • Audit conducted by M/s Mohan Gupta & Co., Chartered Accountants