Aban Offshore Ltd

Aban Offshore Ltd

₹ 47.1 -3.31%
30 May - close price
About

Incorporated in 1986, Aban Offshore is in the business of offshore drilling services[1]

Key Points

Business Overview:[1][2]
AOL is the largest private player in India in the offshore drilling industry. It is a part of Aban Group and was promoted by Aban Constructions Private Limited, in collaboration with Chiles Offshore Inc, USA, an offshore drilling company in the Gulf of Mexico. Company provides offshore drilling and production services in exploration development and production of oil and gas. It owns and operates 7 offshore drilling Rigs, drill ships, and a floating production facility, 'Tahara'.

  • Market Cap 275 Cr.
  • Current Price 47.1
  • High / Low 91.7 / 35.3
  • Stock P/E 1.64
  • Book Value -170
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter

Cons

  • Contingent liabilities of Rs.1,653 Cr.
  • Earnings include an other income of Rs.185 Cr.
  • Company has high debtors of 433 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
20.61 21.22 22.13 17.66 14.85 23.72 17.20 19.87 29.41 26.51 39.28 33.50 25.25
51.74 24.73 32.31 17.24 101.33 67.56 48.43 78.02 83.14 14.17 8.30 19.59 8.18
Operating Profit -31.13 -3.51 -10.18 0.42 -86.48 -43.84 -31.23 -58.15 -53.73 12.34 30.98 13.91 17.07
OPM % -151.04% -16.54% -46.00% 2.38% -582.36% -184.82% -181.57% -292.65% -182.69% 46.55% 78.87% 41.52% 67.60%
7.09 2.20 96.08 2.17 5.47 2.67 2.28 2.37 2.91 19.32 158.44 3.51 3.73
Interest 19.70 20.01 17.32 16.00 15.82 15.89 15.99 16.08 15.98 15.99 16.18 16.24 16.24
Depreciation 10.25 9.62 10.08 10.02 8.44 9.59 9.72 9.68 9.57 9.61 9.71 3.68 1.54
Profit before tax -53.99 -30.94 58.50 -23.43 -105.27 -66.65 -54.66 -81.54 -76.37 6.06 163.53 -2.50 3.02
Tax % -3.45% -8.14% 14.50% 5.93% 3.94% 4.71% 0.00% 0.76% 0.00% 5.45% -0.32% 40.00% 49.67%
-52.13 -28.43 50.02 -24.82 -109.42 -69.79 -54.66 -82.16 -76.38 5.74 164.06 -3.49 1.52
EPS in Rs -8.93 -4.87 8.57 -4.25 -18.75 -11.96 -9.37 -14.08 -13.09 0.98 28.11 -0.60 0.26
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
820 760 1,014 887 592 263 241 156 81 76 90 125
436 378 371 319 309 199 4,872 334 86 178 277 50
Operating Profit 384 381 643 568 282 64 -4,632 -178 -5 -102 -187 74
OPM % 47% 50% 63% 64% 48% 24% -1,925% -114% -6% -134% -207% 60%
44 58 68 53 60 156 9 66 24 106 10 185
Interest 178 93 121 120 113 109 96 82 79 69 64 65
Depreciation 42 81 150 154 161 154 161 61 41 38 39 25
Profit before tax 208 266 440 347 68 -43 -4,879 -254 -100 -104 -279 170
Tax % 13% 28% 34% 39% 87% 61% -9% -9% 5% 11% 1% 1%
180 191 290 211 9 -69 -4,457 -231 -106 -115 -283 168
EPS in Rs 41.46 33.00 49.71 36.18 1.47 -11.88 -763.71 -39.63 -18.12 -19.70 -48.48 28.75
Dividend Payout % 9% 11% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -17%
5 Years: -12%
3 Years: 15%
TTM: 38%
Compounded Profit Growth
10 Years: -1%
5 Years: 15%
3 Years: 51%
TTM: 159%
Stock Price CAGR
10 Years: -18%
5 Years: 20%
3 Years: -2%
1 Year: -22%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 9 12 12 12 12 12 12 12 12 12 12 12
Reserves 1,890 2,856 3,864 4,076 4,087 4,018 -439 -671 -777 -892 -1,175 -1,006
1,434 1,246 1,095 942 884 841 820 762 760 674 677 682
606 610 941 872 900 956 801 855 854 891 930 828
Total Liabilities 3,939 4,724 5,911 5,902 5,882 5,827 1,194 957 849 684 444 516
836 957 1,954 1,803 1,684 1,529 354 173 127 74 36 11
CWIP 0 19 0 9 0 6 0 0 0 0 0 0
Investments 2,549 2,616 2,618 2,620 2,620 3,547 13 13 13 13 13 13
554 1,133 1,339 1,470 1,579 745 827 771 709 597 395 491
Total Assets 3,939 4,724 5,911 5,902 5,882 5,827 1,194 957 849 684 444 516

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
425 368 346 317 112 171 211 102 20 23 -5
379 -276 -44 -23 -52 -935 -139 -70 -1 59 4
-776 -143 -294 -301 -52 793 -21 5 -7 -83 1
Net Cash Flow 28 -51 8 -7 9 28 51 36 12 -1 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 130 137 167 188 309 672 775 780 1,396 1,386 342 433
Inventory Days
Days Payable
Cash Conversion Cycle 130 137 167 188 309 672 775 780 1,396 1,386 342 433
Working Capital Days -122 169 120 206 172 -869 -1,275 -2,400 -1,755 -2,294 -2,934 -1,652
ROCE % 11% 10% 12% 9% 4% 1% -182% -83% -64%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00%
0.10% 0.11% 0.09% 0.17% 0.12% 0.08% 0.09% 0.43% 0.08% 0.12% 0.13% 0.12%
1.87% 1.86% 1.86% 1.86% 1.86% 1.86% 1.71% 1.71% 1.71% 1.71% 1.71% 0.96%
52.03% 52.04% 52.05% 51.98% 52.02% 52.06% 52.20% 51.87% 52.21% 52.18% 52.16% 52.92%
No. of Shareholders 1,15,0201,12,9941,10,2551,08,2021,06,2241,04,2221,02,0271,01,56898,35995,60094,99994,631

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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