Aban Offshore

Which are the latest news on Aban Offshore?

Why is Aban Offshore Ltd falling/rising?

As of 05-Sep, Aban Offshore Ltd's stock price is rising to 14.98, reflecting a 1.63% increase. This rise is driven by recent gains, increased investor interest, and outperformance relative to its sector.

As of 05-Sep, Aban Offshore Ltd's stock price is rising, currently at 14.98, with a change of 0.24 (1.63%) upward. This increase can be attributed to several factors. Firstly, the stock has been on a positive trajectory over the last three days, gaining a total of 3.74% during this period. Additionally, it has outperformed its sector by 0.71% today, indicating stronger relative performance compared to its peers.<BR><BR>Investor participation has also increased, as evidenced by a significant rise in delivery volume, which was up by 67.07% compared to the 5-day average. This suggests that more investors are willing to buy and hold the stock, contributing to the upward price movement. Furthermore, while the stock's current price is higher than its 5-day moving averages, it remains lower than its longer-term moving averages (20-day, 50-day, 100-day, and 200-day), indicating potential for future price adjustments as it seeks to align with these averages.<BR><BR>Overall, the combination of recent gains, increased investor interest, and relative outperformance in the sector are key factors driving the rise in Aban Offshore Ltd's stock price.

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 (all Independent Directors), P Venkateswaran (Vice Chairman), and C P Gopalkrishnan (Deputy Managing Director). They oversee 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 overseeing the company's strategic direction and operations.

What does Aban Offshore do?

Aban Offshore Ltd is India's largest private offshore drilling contractor, established in 1986, with recent quarterly net sales of 99 Cr and a net profit of 2 Cr as of March 2026. The company has a market cap of INR 86 Cr and operates in the oil industry.

Overview:<BR>Aban Offshore Ltd is India's largest offshore drilling contractor in the private sector, operating in the oil industry and categorized as a micro-cap company.<BR><BR>History:<BR>Established in 1986, Aban Offshore Limited has maintained its status as a leading provider of offshore drilling and oil field services. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 99 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 86 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 14<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.60<BR>- Return on Equity: 1.87%<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

Who are the peers of the Aban Offshore?

Aban Offshore's peers include Oil Country, Alphageo (India), DHP India, Resgen, Sanmit Infra, Cont. Petroleums, Duke Offshore, Arabian Petrol., and Aakash Explor. Management risk varies from excellent at DHP India to below average at Oil Country, while growth and capital structure also show a range from excellent to below average among these companies.

Peers: The peers of Aban Offshore are Oil Country, Alphageo (India), DHP India, Resgen, Sanmit Infra, Cont. Petroleums, Duke Offshore, Arabian Petrol., 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 Alphageo (India), Arabian Petrol., and the rest. Average management risk is present at Resgen and Sanmit Infra, while Below Average management risk is noted at Oil Country, Duke Offshore, and Aakash Explor. In terms of Growth, Excellent growth is seen at Resgen, while Average growth is found at Arabian Petrol., and the rest. Below Average growth is noted at Oil Country, Alphageo (India), DHP India, Sanmit Infra, Duke Offshore, and Aakash Explor. For Capital Structure, Excellent capital structure is observed at DHP India and Resgen, Good capital structure is found at Alphageo (India), Sanmit Infra, Cont. Petroleums, and Aakash Explor, while Below Average capital structure is noted at Oil Country, Duke Offshore, and the rest.<BR><BR>Return Snapshot: Duke Offshore has the highest 1-year return at 247.56%, while Resgen has the lowest at -45.64%. Aban Offshore's 1-year return of -68.64% is significantly lower than both. Additionally, several peers, including Resgen, Sanmit Infra, Cont. Petroleums, and Aban Offshore, have negative six-month returns.

How big is Aban Offshore?

As of 31st August, Aban Offshore Ltd has a market capitalization of 86.00 Cr, with recent net sales of 409.62 Cr and a net profit loss of 528.89 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 31st August, <BR><BR>Market Cap: Aban Offshore Ltd has a market capitalization of 86.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest four quarters is 409.62 Cr, while the sum of Net Profit for the same period reflects a loss of 528.89 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.

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.