Aban Offshore

Why is Aban Offshore Ltd falling/rising?

As of 13-Aug, Aban Offshore Ltd's stock price is at 18.64, down 2.0%, and has declined 5.81% over the last three days. The stock has fallen 55.80% in the past year and 57.20% over five years, with decreased investor participation indicating a lack of confidence.

As of 13-Aug, Aban Offshore Ltd's stock price is falling, currently at 18.64, which reflects a decrease of 0.38 or 2.0%. The stock has underperformed its sector by 1.49% today and has been on a consecutive decline for the last three days, resulting in a total drop of 5.81% during this period. <BR><BR>In terms of performance over different time frames, the stock has shown a significant decline of 55.80% over the past year and 57.20% over the past five years, contrasting sharply with the Sensex, which has only fallen by 3.05% and risen by 40.84% over the same five-year period. <BR><BR>Additionally, there has been a notable decrease in investor participation, with the delivery volume on 12 August dropping by 27.34% compared to the five-day average. This decline in trading activity, combined with the stock's recent performance, indicates a lack of confidence among investors, contributing to the downward pressure on the stock price.

Which are the latest news on Aban Offshore?

Who are in the management team of Aban Offshore?

The management team of Aban Offshore includes Pejavar Murari (Chairman), Reji Abraham (Managing Director), K Bharathan, Ashok Kumar Rout, Deepa Reji Abraham, Subhashini Chandran, P Venkateswaran (Vice Chairman), and C P Gopalkrishnan. They are responsible for the company's strategic direction and operations.

The management team of Aban Offshore includes the following individuals:<BR><BR>1. **Pejavar Murari** - Chairman & Independent Director<BR>2. **Reji Abraham** - Executive Director / Managing Director / Promoter<BR>3. **K Bharathan** - Independent Non-Executive Director<BR>4. **Ashok Kumar Rout** - Independent Non-Executive Director<BR>5. **Deepa Reji Abraham** - Non-Executive Director<BR>6. **Subhashini Chandran** - Independent Non-Executive Director<BR>7. **P Venkateswaran** - Vice Chairman<BR>8. **C P Gopalkrishnan** - Executive Director / Deputy Managing Director / Non-Promoter<BR><BR>This team is responsible for guiding the company's strategic direction and operations.

How big is Aban Offshore?

As of 10th June, Aban Offshore Ltd has a market capitalization of 89.00 Cr, with recent net sales of 426.21 Cr and a net loss of 790.56 Cr over the last four quarters. The balance sheet shows shareholder's funds at a loss of 25,402.00 Cr and total assets of 1,492.60 Cr.

As of 10th June, <BR><BR>Market Cap: Aban Offshore Ltd has a market capitalization of 89.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 426.21 Cr, while the sum of Net Profit for the same period reflects a loss of 790.56 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are reported at a loss of 25,402.00 Cr, and Total Assets amount to 1,492.60 Cr.

Who are the peers of the Aban Offshore?

Aban Offshore's peers include GP Petroleums, DHP India, Alphageo (India), Resgen, Cont. Petroleums, Sanmit Infra, Greenhitech Ven., Real Eco-Energy, and Aakash Explor. Notably, Sanmit Infra has the highest 1-year return at 255.26%, while Aban Offshore's return is -72.55%.

Peers: The peers of Aban Offshore are GP Petroleums, DHP India, Alphageo (India), Resgen, Cont. Petroleums, Sanmit Infra, Greenhitech Ven., Real Eco-Energy, and Aakash Explor.<BR><BR>Quality Snapshot: Excellent management risk is observed at DHP India and Cont. Petroleums, while Good management risk is found at GP Petroleums and Sanmit Infra. Average management risk is present at Resgen and the rest. Below Average management risk is noted at Alphageo (India), Greenhitech Ven., Real Eco-Energy, and Aakash Explor. Growth is Excellent at Resgen, Below Average at GP Petroleums, DHP India, Alphageo (India), Cont. Petroleums, Sanmit Infra, and the rest, while it is Below Average for Greenhitech Ven., Real Eco-Energy, and Aakash Explor. Capital Structure is Excellent for GP Petroleums and DHP India, Good for Alphageo (India), Cont. Petroleums, Sanmit Infra, and Aakash Explor, while it is Below Average for Greenhitech Ven. and Real Eco-Energy.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sanmit Infra at 255.26%, while the peer with the lowest is Resgen at -41.14%. Aban Offshore's own 1-year return is -72.55%, which is significantly lower than both. Additionally, the six-month return is negative for Resgen, Aban Offshore, Greenhitech Ven., and Real Eco-Energy.

What does Aban Offshore do?

Aban Offshore Ltd is a leading private sector offshore drilling contractor in India, established in 1986, with recent quarterly net sales of 91 Cr and net profit of 30 Cr as of December 2025. The company has a market cap of INR 89 Cr and operates with a debt equity ratio of -0.60.

Overview: <BR>Aban Offshore Ltd is a leading offshore drilling contractor in the private sector, operating in the oil industry and categorized as a micro-cap company.<BR><BR>History: <BR>Aban Offshore Limited was established in 1986 by M.A. Abraham. It is recognized as India's largest offshore drilling contractor in the private sector. The latest quarterly results reported net sales and net profit for December 2025.<BR><BR>Financial Snapshot: <BR>- Net Sales: 91 Cr (Quarterly Results - Dec 2025) <BR>- Net Profit: 30 Cr (Quarterly Results - Dec 2025) <BR>- Market Cap: INR 89 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: N/A <BR>- Industry P/E: N/A <BR>- Dividend Yield: 0.00% <BR>- Debt Equity: -0.60 <BR>- Return on Equity: 4.08% <BR>- Price to Book: 0.00 <BR><BR>Contact Details: <BR>Address: Janpriya Crest, 113 Pantheon Road Egmore Chennai Tamil Nadu : 600008 <BR>Tel: 91-44-49060606 <BR>Email: ir@aban.com <BR>Website: http://www.abanoffshore.com

Should I buy, sell or hold Aban Offshore Ltd?

When is the next results date for Aban Offshore Ltd?

The next results date for Aban Offshore Ltd is 28 May 2026.

The next results date for Aban Offshore Ltd is scheduled for 28 May 2026.

How has been the historical performance of Aban Offshore?

Aban Offshore has experienced a significant decline in net sales from 1,069.47 Cr in March 2021 to 475.66 Cr in March 2025, despite a recovery in operating profit to 364.39 Cr. The company continues to face substantial losses, with a net profit after tax of -889.22 Cr, while cash flow from operations improved to 138 Cr.

Answer:<BR>The historical performance of Aban Offshore shows a significant decline in net sales and profitability over the years, with a net sales figure of 475.66 Cr in March 2025, up from 399.67 Cr in March 2024, but down from 1,069.47 Cr in March 2021. The total operating income followed a similar trend, reaching 475.66 Cr in March 2025, compared to 1,069.47 Cr in March 2021. Operating profit (PBDIT) improved to 364.39 Cr in March 2025 from a loss of 106.35 Cr in March 2024, indicating a recovery in operational performance, although the company still reported a profit before tax of -864.38 Cr in March 2025. The net profit after tax also showed a loss of -889.22 Cr in March 2025, slightly better than the -1,316.26 Cr loss in March 2024. The company’s total liabilities stood at 1,492.60 Cr in March 2025, with total assets at the same level, reflecting a challenging financial position. Cash flow from operating activities improved to 138 Cr in March 2025, compared to -72 Cr in March 2024, indicating better cash management.<BR><BR>Breakdown:<BR>Aban Offshore's financial performance has been marked by a downward trend in net sales, which peaked at 1,069.47 Cr in March 2021 but fell to 475.66 Cr by March 2025. Despite a slight recovery in operating profit to 364.39 Cr in March 2025, the company continues to face substantial losses, with a profit before tax of -864.38 Cr and a net profit after tax of -889.22 Cr. The total liabilities have remained relatively stable at 1,492.60 Cr, matching total assets, which suggests a precarious financial balance. However, cash flow from operating activities has shown improvement, reaching 138 Cr in March 2025, indicating a potential turnaround in cash management practices. Overall, while there are signs of operational recovery, the company still grapples with significant losses and a challenging financial landscape.

Are Aban Offshore latest results good or bad?

Aban Offshore's latest results are concerning, showing a net loss of ₹307.44 crores for Q2 FY26, a 166.62% decline year-on-year, and significant drops in net sales and operating margins. The company faces severe financial challenges, including a negative book value and a low interest coverage ratio, indicating distress and negative market sentiment.

The latest results for Aban Offshore are quite concerning and can be classified as bad. The company reported a significant net loss of ₹307.44 crores for Q2 FY26, which reflects a staggering 166.62% decline year-on-year and a 21.61% drop from the previous quarter. Net sales also fell to ₹104.77 crores, marking a 9.05% decrease year-on-year and an 8.43% decline quarter-on-quarter, indicating a troubling trend in revenue generation.<BR><BR>Moreover, the operating margin has collapsed to 17.40%, the lowest in seven quarters, highlighting severe operational inefficiencies. The company's financial health is further underscored by a negative book value of ₹4,352.27 per share and an alarming interest coverage ratio of just 0.06 times, meaning that the company is struggling to meet its interest obligations.<BR><BR>Overall, Aban Offshore's financial performance demonstrates a company in distress, with declining revenues, unsustainable debt levels, and no clear path to recovery. The stock has also seen a dramatic decline of 45.07% over the past year, reflecting the market's negative sentiment towards its future prospects.

Is Aban Offshore overvalued or undervalued?

As of April 9, 2020, Aban Offshore is considered risky and overvalued due to its negative PE Ratio of -0.31 and high EV to EBITDA of 91.74, significantly underperforming compared to peers like Reliance Industries and ONGC, and has seen a stock decline of -27.25% over the past year against the Sensex's 7.58% gain.

As of 9 April 2020, the valuation grade for Aban Offshore has moved from does not qualify to risky, indicating a significant deterioration in its financial standing. The company is currently assessed as overvalued, particularly given its troubling ratios, including a PE Ratio of -0.31, an EV to EBITDA of 91.74, and an EV to Sales of 33.19. These figures suggest that the company is struggling to generate positive earnings and is facing substantial valuation challenges.<BR><BR>In comparison to its peers, Aban Offshore's valuation metrics starkly contrast with those of Reliance Industries, which has a PE Ratio of 28.05 and an EV to EBITDA of 12.68, and ONGC, boasting a PE Ratio of 8.31 and an EV to EBITDA of 4.65. This disparity highlights the significant risk associated with investing in Aban Offshore. Additionally, the company's stock performance has lagged behind the Sensex, particularly over the past year, with a return of -27.25% compared to the Sensex's 7.58%, reinforcing the notion that Aban Offshore is currently overvalued.

What is the technical trend for Aban Offshore?

As of May 12, 2025, Aban Offshore's technical trend is mildly bearish, with mixed signals from key indicators like the MACD, moving averages, and Bollinger Bands suggesting short-term weakness despite some bullish signs on the weekly chart.

As of 12 May 2025, the technical trend for Aban Offshore has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, suggesting short-term weakness. Bollinger Bands show a bullish signal on the weekly chart but a mildly bearish signal on the monthly chart. The KST is mildly bullish weekly but mildly bearish monthly, and the OBV is mildly bullish weekly with no trend monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and monthly MACD contributing to this outlook.

Who are the top shareholders of the Aban Offshore?

The top shareholders of Aban Offshore include India Offshore Inc. with 14.27%, individual investors with 45.95%, and Panna Lal Bhansali as the highest public shareholder at 1.12%. Additionally, 4 Foreign Institutional Investors hold a combined 0.12%, while mutual funds currently do not hold any shares.

The top shareholders of Aban Offshore include India Offshore Inc., which holds the highest promoter stake at 14.27%. Additionally, individual investors collectively own 45.95% of the shares. Other notable shareholders include Panna Lal Bhansali, the highest public shareholder with a holding of 1.12%. The company also has some institutional involvement, with 4 Foreign Institutional Investors (FIIs) holding a combined 0.12%, and mutual funds currently not holding any shares.

Has Aban Offshore declared dividend?

Yes, Aban Offshore Ltd has declared a dividend of 180% (₹3.6 per share) with an ex-date of September 14, 2015. However, the dividend yield is 0%, and total returns have varied significantly, showing negative returns in the short term and positive returns over the long term.

Aban Offshore Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 180%<BR>- Amount per share: 3.6<BR>- Ex-date: 14 Sep 15<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -28.95%, the dividend return was 0%, resulting in a total return of -28.95%.<BR><BR>In the 1 Year period, the price return was -22.66%, the dividend return was 0%, resulting in a total return of -22.66%.<BR><BR>In the 2 Years period, the price return was 17.89%, the dividend return was 0%, resulting in a total return of 17.89%.<BR><BR>In the 3 Years period, the price return was -0.53%, the dividend return was 0%, resulting in a total return of -0.53%.<BR><BR>In the 4 Years period, the price return was 22.6%, the dividend return was 0%, resulting in a total return of 22.6%.<BR><BR>In the 5 Years period, the price return was 111.29%, the dividend return was 0%, resulting in a total return of 111.29%.<BR><BR>Overall, while Aban Offshore has declared a substantial dividend, the total returns over various periods show significant fluctuations, with negative returns in the shorter terms and positive returns over the longer term. The dividend yield remains at 0%, indicating that the declared dividend has not been sufficient to generate a yield based on current pricing.