Sharescart Research Club logo

Aban Offshore Overview

Aban Offshore Ltd is in the business of imparting offshore drilling services to corporations engaged in exploration, development and production of oil and gas each in home and worldwide markets. The Company is likewise engaged within the possession and operation of wind turbines for generation of wind electricity in India. The Company is engaged normally in the enterprise of offshore drilling offerings. The Company offers a number of offshore drilling offerings to clients in India and abroad, inclusive of exploratory services, drilling offering...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Aban Offshore Key Financials

Market Cap ₹106 Cr.

Stock P/E -0.1

P/B -0

Current Price ₹18.1

Book Value ₹ -4443.2

Face Value 2

52W High ₹61.3

Dividend Yield 0%

52W Low ₹ 18.1

Aban Offshore Share Price

₹ | |

Volume
Price

Aban Offshore Quarterly Price

Show Value Show %

Aban Offshore Peer Comparison

Aban Offshore Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 63 94 137 128 115 116 116 114 105 91
Other Income 12 12 10 25 158 4 5 2 3 8
Total Income 75 106 147 153 273 120 121 116 108 100
Total Expenditure 114 134 170 98 73 83 69 79 87 50
Operating Profit -39 -27 -23 55 200 37 52 37 21 50
Interest 265 274 277 273 277 279 280 280 289 3
Depreciation 12 22 31 13 33 27 25 4 25 25
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -316 -324 -330 -231 -110 -270 -253 -246 -293 22
Provision for Tax 2 3 8 7 5 7 6 6 14 -8
Profit After Tax -318 -327 -339 -238 -115 -277 -260 -253 -307 30
Adjustments 0 -0 -1 -0 -0 -0 -0 0 0 -0
Profit After Adjustments -318 -327 -340 -238 -115 -277 -260 -253 -307 30
Adjusted Earnings Per Share -54.4 -56 -58.3 -40.7 -19.8 -47.4 -44.5 -43.3 -52.7 5.1

Aban Offshore Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 4041 3335 1758 1467 848 974 1069 598 397 400 476 426
Other Income 44 19 15 14 113 13 224 15 134 48 192 18
Total Income 4085 3354 1773 1481 961 987 1293 613 531 448 668 445
Total Expenditure 1662 1443 851 2053 4366 8339 2018 1579 528 602 384 285
Operating Profit 2423 1911 921 -572 -3405 -7352 -725 -966 3 -154 284 160
Interest 1091 1038 1090 1282 1137 1203 1106 1097 1110 1092 1110 852
Depreciation 598 902 701 665 675 845 195 145 47 50 38 79
Exceptional Income / Expenses 0 0 0 0 0 0 33 54 93 0 0 0
Profit Before Tax 734 -27 -870 -2518 -5220 -9401 -1992 -2154 -1060 -1297 -865 -770
Provision for Tax 194 214 171 88 54 -428 -20 23 28 21 25 18
Profit After Tax 540 -241 -1041 -2606 -5273 -8973 -1973 -2177 -1088 -1318 -889 -790
Adjustments 4 0 0 0 0 0 0 -0 -2 0 0 0
Profit After Adjustments 545 -241 -1041 -2606 -5273 -8973 -1973 -2177 -1091 -1318 -889 -790
Adjusted Earnings Per Share 89.8 -41.3 -178.3 -446.6 -903.6 -1537.5 -338 -373 -186.9 -225.8 -152.4 -135.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 19% -7% -13% -19%
Operating Profit CAGR 0% 0% 0% -19%
PAT CAGR 0% 0% 0% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -52% -23% -10% -22%
ROE Average 0% 0% 0% -20%
ROCE Average 0% 0% 0% -18%

Aban Offshore Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5701 3693 2635 19 -5309 -15321 -16823 -19512 -22297 -23872 -25402
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 13088 13214 11827 60 64 0 68 0 0 0 0
Other Non-Current Liabilities 76 442 423 403 381 -40 -62 -58 -46 -42 -40
Total Current Liabilities 2107 2880 3842 16456 18520 21331 21373 22481 24023 25386 26934
Total Liabilities 20973 20229 18728 16938 13657 5970 4556 2910 1680 1472 1493
Fixed Assets 18363 17197 16203 14369 11262 4052 3191 704 693 669 651
Other Non-Current Assets 369 80 99 74 87 76 75 74 150 224 261
Total Current Assets 2241 2952 2426 2494 2309 1842 1213 954 824 566 568
Total Assets 20973 20229 18728 16938 13657 5970 4556 2910 1680 1472 1493

Aban Offshore Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 141 -44 -41 -84 -74 -31 -8 62 88 149 44
Cash Flow from Operating Activities -664 1299 1802 396 978 -976 679 -434 130 -72 139
Cash Flow from Investing Activities -922 -845 257 -68 -1590 -629 11 206 1400 -11 18
Cash Flow from Financing Activities 1559 -452 -2102 -319 656 1635 -620 253 -1470 -22 -9
Net Cash Inflow / Outflow -26 3 -43 9 44 30 70 26 61 -105 147
Closing Cash & Cash Equivalent 115 -41 -84 -74 -31 -8 62 88 149 44 192

Aban Offshore Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 89.8 -41.3 -178.35 -446.62 -903.61 -1537.46 -337.99 -373.04 -186.9 -225.81 -152.4
CEPS(Rs) 197.13 113.23 -58.2 -332.72 -788.01 -1392.69 -304.58 -348.21 -178.43 -217.32 -145.8
DPS(Rs) 3.6 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 937.5 632.85 451.59 3.2 -909.64 -2625.21 -2882.58 -3343.47 -3820.56 -4090.46 -4352.64
Core EBITDA Margin(%) 58.87 56.74 51.57 -39.95 -414.72 -756.15 -88.71 -163.87 -33.01 -50.54 19.37
EBIT Margin(%) 45.17 30.33 12.54 -84.28 -481.24 -841.63 -82.89 -176.72 12.46 -51.31 51.67
Pre Tax Margin(%) 18.17 -0.8 -49.49 -171.69 -615.31 -965.13 -186.28 -360 -267.22 -324.56 -181.76
PAT Margin (%) 13.37 -7.23 -59.21 -177.69 -621.67 -921.18 -184.44 -363.85 -274.34 -329.74 -186.98
Cash Profit Margin (%) 28.17 19.82 -19.32 -132.38 -542.14 -834.44 -166.21 -339.64 -262.47 -317.33 -178.89
ROA(%) 2.64 -1.17 -5.34 -14.62 -34.47 -91.43 -37.48 -58.32 -47.42 -83.6 -59.99
ROE(%) 11.67 -5.29 -32.89 -196.41 0 0 0 0 0 0 0
ROCE(%) 9.48 5.3 1.26 -8.13 -35.81 -174.23 0 0 0 0 0
Receivable days 129.79 214.21 433.45 463.84 642.38 414.21 279.17 291.73 342.7 212.54 84.2
Inventory Days 34.22 43.09 81.55 93.92 171.11 164.63 128.18 148.27 134.77 95.29 87.12
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 4.74 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0.45 0.28 0.5 49.75 -0.06 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01
Dividend Yield(%) 0.85 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 4.13 4.68 8.66 9.94 17.23 16.14 14.29 25.79 38.27 38.92 33.05
EV/Core EBITDA(x) 6.89 8.17 16.52 -25.52 -4.29 -2.14 -21.08 -15.98 4511.57 -101.07 55.27
Net Sales Growth(%) 2.66 -17.48 -47.28 -16.56 -42.17 14.83 9.8 -44.05 -33.7 0.74 19.01
EBIT Growth(%) 8.23 -44.59 -78.2 -660.68 -230.2 -100.82 89.18 -19.28 104.67 -514.91 219.85
PAT Growth(%) 38.14 -144.6 -331.84 -150.42 -102.32 -70.15 78.01 -10.37 50.01 -21.08 32.51
EPS Growth(%) 7.07 -145.99 -331.84 -150.42 -102.32 -70.15 78.02 -10.37 49.9 -20.82 32.51
Debt/Equity(x) 2.47 3.98 5.31 735.51 -2.7 -1.02 -0.9 -0.78 -0.68 -0.64 -0.62
Current Ratio(x) 1.06 1.03 0.63 0.15 0.12 0.09 0.06 0.04 0.03 0.02 0.02
Quick Ratio(x) 0.88 0.88 0.53 0.13 0.1 0.06 0.04 0.03 0.03 0.02 0.02
Interest Cover(x) 1.67 0.97 0.2 -0.96 -3.59 -6.81 -0.8 -0.96 0.04 -0.19 0.22
Total Debt/Mcap(x) 5.72 14.27 10.66 14.78 42.65 194.78 88.19 56.73 77.57 52.57 73.06

Aban Offshore Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 46 46 46 46 46 46 46 46 46 46
FII 0.09 0.43 0.08 0.12 0.13 0.12 0.01 0 0 0
DII 1.72 1.72 1.72 1.72 1.72 0.96 0.26 0.07 0.07 0.07
Public 52.19 51.86 52.2 52.17 52.16 52.92 53.74 53.94 53.93 53.94
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Aban Offshore News

Aban Offshore Pros & Cons

Pros

  • Stock is trading at -0 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 46%.
  • Company has a low return on equity of 0% over the last 3 years.
  • Earnings include an other income of Rs. 192 Cr.
whatsapp