Aban Offshore

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.

how big is Aban Offshore?

As of Jun 06, Aban Offshore Ltd has a market capitalization of 281.00 Cr, classifying it as a Micro Cap company, with recent net sales of 475.65 Cr and a net profit of -889.40 Cr. The latest balance sheet shows shareholder's funds at -23,871.92 Cr and total assets valued at 1,472.37 Cr.

Market Cap: As of Jun 06, Aban Offshore Ltd has a market capitalization of 281.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 475.65 Cr, while the sum of Net Profit is -889.40 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: This is consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds amount to -23,871.92 Cr, and the Total Assets are valued at 1,472.37 Cr.

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.

Who are the peers of the Aban Offshore?

Aban Offshore's peers include Reliance Industries, ONGC, IOC, BPCL, HPCL, GP Petroleums, DHP India, Sanmit Infra, and Alphageo (India). In terms of returns, HPCL leads with 4.64% over one year, while Aban Offshore has a return of -21.38%.

Peers: The peers of Aban Offshore are Reliance Industr, ONGC, I O C L, B P C L, HPCL, GP Petroleums, DHP India, Sanmit Infra, and Alphageo (India).<BR><BR>Quality Snapshot: Excellent management risk is observed at ONGC, while Good management risk is found at I O C L, B P C L, and HPCL, and Average management risk is present at Reliance Industr, GP Petroleums, DHP India, Sanmit Infra, Alphageo (India), and the rest. Growth is Excellent at ONGC, I O C L, and B P C L, while Good growth is noted at Reliance Industr, and the rest show Below Average growth. Capital Structure is Good for Reliance Industr, GP Petroleums, DHP India, Sanmit Infra, and Alphageo (India), while Average is seen at I O C L and B P C L, and Below Average at HPCL.<BR><BR>Return Snapshot: The peer with the highest 1-year return is HPCL at 4.64%, while the lowest is ONGC at -16.23%. Aban Offshore's 1-year return is -21.38%, which is lower than both of these peers. Additionally, the six-month return is negative for ONGC, I O C L, HPCL, GP Petroleums, Sanmit Infra, Alphageo (India), and Resgen.

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 in the management team of Aban Offshore?

As of March 2023, the management team of Aban Offshore includes Pejavar Murari (Chairman), Reji Abraham (Managing Director), K Bharathan, Ashok Kumar Rout, Deepa Reji Abraham, Subhashini Chandran (Independent Directors), P Venkateswaran (Vice Chairman), and C P Gopalkrishnan (Deputy Managing Director). These individuals contribute to the company's governance and strategic direction.

As of March 2023, 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>These members play various roles within the company, contributing to its governance and strategic direction.

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 ₹1,157 Cr and a net loss of ₹2,599 Cr. The company has a market cap of ₹302 Cr and key financial metrics indicate it is currently loss-making.

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 Ltd has maintained its status as a key player in offshore drilling services. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,157 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -2,599 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: INR 302 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.61<BR>- Return on Equity: 3.50%<BR>- Price to Book: -0.01<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?

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.

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.

When is the next results date for Aban Offshore Ltd?

The next results date for Aban Offshore Ltd is 13 February 2026.

The next results date for Aban Offshore Ltd is scheduled for 13 February 2026.

Why is Aban Offshore Ltd falling/rising?

As of 02-Feb, Aban Offshore Ltd's stock is at 21.37, down 2.11%, and has significantly underperformed the Sensex. Weak fundamentals, negative sales growth, high debt, and decreased investor interest contribute to a lack of confidence in the company's future.

As of 02-Feb, Aban Offshore Ltd's stock price is falling, currently at 21.37, which reflects a decrease of 0.46 or 2.11%. This decline is part of a broader trend where the stock has underperformed significantly compared to the benchmark Sensex, showing a 1-week performance of -4.64% against a slight gain of +0.16% for the index. <BR><BR>The company's long-term fundamentals are weak, highlighted by a negative book value and a poor growth trajectory, with net sales declining at an annual rate of -18.44% over the past five years. Additionally, the company has reported negative results, including a PAT of Rs -307.44 crore, which is a 36% drop compared to the previous four-quarter average. The high debt levels, indicated by a debt-to-equity ratio of 0 times, further contribute to the stock's riskiness.<BR><BR>Investor participation has also decreased, with a delivery volume drop of 14.96% against the 5-day average, suggesting waning interest in the stock. Despite the oil exploration sector gaining by 2.64%, Aban Offshore Ltd has underperformed its sector by 4.77% today. Overall, these factors indicate a lack of confidence in the company's future performance, leading to the stock's decline.

Which are the latest news on Aban Offshore?