Aban Offshore Reports Positive Financial Results for Q1 FY25, Improves Interest Management and Sales Performance
Aban Offshore, a microcap company in the oil exploration and refineries industry, has recently announced its financial results for the quarter ending June 2024. The company has shown positive performance in this quarter, with a score of 15 compared to 6 in the previous quarter.
One of the key factors contributing to this improvement is the company’s ability to manage interest payments, with the Operating Profit to Interest ratio being the highest at 0.18 times and growing each quarter in the last five quarters. Additionally, the company’s Operating Profit (PBDIT) has also shown a positive trend, with the highest value of Rs 49.86 crore in this quarter.
The company’s net sales have also seen a significant growth of 28.5% compared to the average of the previous four quarters. This indicates a positive trend in the company’s sales performance. Moreover, the Operating Profit Margin has also improved, reaching its highest value of 38.82% in the last five quarters.
However, there are some areas that need improvement for Aban Offshore. The Debt-Equity Ratio, which measures the company’s debt levels, has been consistently increasing in the last five half yearly periods. This may indicate a potential liquidity issue for the company. Additionally, the company’s cash and cash equivalents have decreased in the last six half yearly periods, which may also affect its short-term liquidity.
On the other hand, the company has shown a positive trend in its Profit Before Tax (PBT) and Profit After Tax (PAT), with the highest values in the last five quarters. This indicates an increase in profitability and higher earnings for shareholders. The company has also been able to settle its debtors faster, as seen in the Debtors Turnover Ratio.
It is worth noting that the stock call for Aban Offshore by MarketsMOJO is ‘Sell’. However, it is important to consider all the financial aspects of the company before making any investment decisions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
