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Avonmore Capital & Management Services Limited (AVONMORE) Fair Value & Analysis

Financial Services · IN · Market cap ₹3.2B

AC Avonmore Capital & Management Services Limited AVONMORE · BSE
Price₹11.30
Fair Value₹4.75
Upside-58.0%
Quality43/100
Healthy Growth
Solidly profitable · 14.4% net margin
Low debt · generates free cash flow
Moderate moat 47/100
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Evidence: Medium Range ₹3.56 – ₹5.94 Share as image

Fair value as of: Aug 4, 2026

From 24 valuation models · updated today

Share price +10.5% over the past month.

Below-average quality, and screening another 58% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹5.94). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

₹28.67 ₹1.60 Fair Value ₹4.75 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 4, 2026.

How to read this chart

60‑month range ₹1.60 – ₹28.67 · fair‑value band ₹3.56 – ₹5.94 · the ₹11.30 price screens above the ₹4.75 fair value. Dashed = 300-day average. As of Aug 4, 2026.

Which stocks are undervalued right now? Check free Discover now →

Analysis

Avonmore Capital & Management Services Limited (AVONMORE) currently trades at ₹11.30, while our model-based Fair Value estimate is ₹4.75, implying the stock looks roughly 58.0% overvalued today. We read business quality at 43/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Avonmore Capital & Management Services Limited generated revenue of ₹2.0B at a net margin of 14.4%. Revenue grew 35.5% year over year. It earns a return on equity of 4.4%. Net debt stands at ₹11.8M. Fundamentals as of Aug 4, 2026

Our scenario range runs from ₹3.56 (bear case) to ₹5.94 (bull case); at ₹11.30, the current price sits above that range. The share trades about 52% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 16% fair-value upside, at -58%, AVONMORE screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ₹7.02 ₹12.37 ₹22.84 80
Rev-Margin DCF ₹4.82 ₹8.31 ₹15.18 74
ROIC Compounder ₹1.74 ₹1.97 ₹2.16 72
All 24 models by family
DCF Models
FCF DCF ₹7.45 ₹11.31 ₹23.32 38
Owner Earnings ₹5.76 ₹12.39 ₹25.80 31
5Y Revenue Exit ₹4.62 ₹7.30 ₹12.86 39
5Y EBITDA Exit ₹5.75 ₹9.59 ₹17.09 41
5Y P/E Exit ₹5.45 ₹11.06 ₹18.57 38
10Y Revenue Exit ₹5.41 ₹10.40 ₹13.23 36
10Y EBITDA Exit ₹6.35 ₹12.78 ₹23.70 37
10Y P/E Exit ₹6.13 ₹12.15 ₹21.75 35
Earnings-Based
Graham-Dodd ₹1.90 ₹13.26 ₹18.61 54
Lynch FV ₹5.68 ₹8.11 ₹10.55 50
PEG = 1.0 ₹5.68 ₹8.11 ₹10.55 46
EPV ₹1.74 ₹1.97 ₹2.16 59
Multiples
P/E Multiple ₹4.19 ₹5.59 ₹6.99 63
P/S Multiple ₹3.56 ₹4.75 ₹5.94 58
P/B Multiple ₹3.56 ₹4.75 ₹5.94 55
EV/EBIT ₹4.56 ₹5.98 ₹7.39 53
EV/EBITDA ₹4.91 ₹6.45 ₹7.98 54
EV/Revenue ₹3.18 ₹4.40 ₹5.63 43
Asset-Based
NCAV (Graham) ₹6.85 ₹9.18 ₹13.70 50
Growth DCF
Growth DCF ₹7.02 ₹12.37 ₹22.84 80
Rev-Margin DCF ₹4.82 ₹8.31 ₹15.18 74
Economic Profit
Residual Income ₹9.49 ₹8.96 ₹6.92 61
ROIC Compounder ₹1.74 ₹1.97 ₹2.16 72
Growth Earnings
Growth-Adj P/E ₹6.90 ₹9.86 ₹12.82 68

Widest divergence: DCF Models (₹11.06) versus Economic Profit (₹1.97). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) ₹2.0B
Revenue growth (YoY) +35.5%
Net margin 14.4%
Return on equity 4.4%
Free cash flow ₹127M FY2026
P/E ratio 40.1
More key figures
Operating margin 24.2%
EPS (TTM) ₹0.2800
EPS growth (YoY) +186%
Net debt ₹11.8M FY2024

Figures from reported company fundamentals · as of Aug 4, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 50 · Market factors (momentum, volatility) 27

Profitability 22
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 71
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Avonmore Capital & Management Services Limited provides non-banking financial and sub-broker advisory services in India. The company's Debt and Equity Market Operations segment deals/trades in securities and bonds.

Full company description

Avonmore Capital & Management Services Limited provides non-banking financial and sub-broker advisory services in India. The company's Debt and Equity Market Operations segment deals/trades in securities and bonds. Its Consultancy and Advisory Fees segment offers merchant banking, underwriting commission, corporate and infrastructure advisory, loan syndication fees and arranger of debts/bonds, etc.; and advisory services related to infrastructure projects. The company's Wealth/Broking Activities segment is involved in stock and share broking, and other related services, as well as real estate broking services. Its Finance Activities segment grants loans. The company's Healthcare Services segment establishes, administers, owns, and operates eye care hospitals. Its Investment Activities segment engages in the investment activities. The company was formerly known as Almondz Capital & Management Services Limited. The company was incorporated in 1991 and is headquartered in New Delhi, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Avonmore Capital & Management Services Limited reported revenue of ₹1.9B in FY2026 versus ₹837M in FY2022, a compound +22.7%/yr. Reported net income was ₹78.9M in FY2026, compounding −29.8%/yr from FY2022.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹1.9B
Latest YoY
+6.0%
Avg. growth/yr (3Y)
−3.5%
Avg. growth/yr (5Y)
+23.0%
Avg. growth/yr (12Y)
+60.9%
Revenue +22.7%/yr
FY22 ₹837M
FY23 ₹2.1B
FY24 ₹1.2B
FY25 ₹1.8B
FY26 ₹1.9B
Net income −29.8%/yr
FY22 ₹325M
FY23 ₹1.2B
FY24 ₹124M
FY25 ₹290M
FY26 ₹78.9M

AVONMORE screens 58% overvalued. Compare with Mirae Asset Securities Co →

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Cite: Fair Value Calculator (2026). "Avonmore Capital & Management Services Limited Fair Value". https://www.fairvalue-calculator.com/stock/AVONMORE

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Avonmore Capital & Management Services Limited (AVONMORE) overvalued or undervalued?
As of Aug 4, 2026, our model estimates a fair value of ₹4.75 versus a price of ₹11.30, about −58% (overvalued).
What is the fair value of AVONMORE?
Our model-based fair value for Avonmore Capital & Management Services Limited is ₹4.75 (as of Aug 4, 2026), built from audited fundamentals. The current price is ₹11.30.
What is the quality score of AVONMORE?
Avonmore Capital & Management Services Limited has a Quality Score of 43/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Avonmore Capital & Management Services Limited (AVONMORE)?
Avonmore Capital & Management Services Limited reported trailing-twelve-month revenue of about ₹2.0B (latest available figure, as of Aug 4, 2026).
What is the net profit margin of AVONMORE?
The net profit margin of Avonmore Capital & Management Services Limited is about 14.4%, meaning it keeps roughly 14.4% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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