Aban Offshore Ltd
Incorporated in 1986, Aban Offshore is in the business of offshore drilling services[1]
- Market Cap ₹ 224 Cr.
- Current Price ₹ 38.5
- High / Low ₹ 72.7 / 35.3
- Stock P/E 1.35
- Book Value ₹ -170
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 2.00
Pros
Cons
- Contingent liabilities of Rs.1,259 Cr.
- Earnings include an other income of Rs.169 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.
Peer comparison
Energy Oil, Gas & Consumable Fuels Oil Offshore Support Solution Drilling
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 820 | 760 | 1,014 | 887 | 592 | 263 | 241 | 156 | 81 | 76 | 90 | 125 | 123 | |
| 436 | 378 | 371 | 319 | 309 | 199 | 4,872 | 334 | 86 | 178 | 277 | 50 | 42 | |
| Operating Profit | 384 | 381 | 643 | 568 | 282 | 64 | -4,632 | -178 | -5 | -102 | -187 | 74 | 81 |
| OPM % | 47% | 50% | 63% | 64% | 48% | 24% | -1,925% | -114% | -6% | -134% | -207% | 60% | 66% |
| 44 | 58 | 68 | 53 | 60 | 156 | 9 | 66 | 24 | 106 | 10 | 185 | 169 | |
| Interest | 178 | 93 | 121 | 120 | 113 | 109 | 96 | 82 | 79 | 69 | 64 | 65 | 65 |
| Depreciation | 42 | 81 | 150 | 154 | 161 | 154 | 161 | 61 | 41 | 38 | 39 | 25 | 15 |
| Profit before tax | 208 | 266 | 440 | 347 | 68 | -43 | -4,879 | -254 | -100 | -104 | -279 | 170 | 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 | 166 | |
| 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 | 28.46 |
| 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: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 15% |
| 3 Years: | 51% |
| TTM: | 180% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -16% |
| 5 Years: | 11% |
| 3 Years: | -9% |
| 1 Year: | -41% |
| 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 | 4 | |
| 379 | -276 | -44 | -23 | -52 | -935 | -139 | -70 | -1 | 59 | 4 | 17 | |
| -776 | -143 | -294 | -301 | -52 | 793 | -21 | 5 | -7 | -83 | 1 | -11 | |
| Net Cash Flow | 28 | -51 | 8 | -7 | 9 | 28 | 51 | 36 | 12 | -1 | 0 | 10 |
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 | -295 | 57 | 47 | 133 | 74 | -1,011 | -1,358 | -2,429 | -5,164 | -5,530 | -5,675 | -3,651 |
| ROCE % | 11% | 10% | 12% | 9% | 4% | 1% | -182% | -83% | -64% |
Documents
Announcements
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Board Meeting Intimation for Prior Intimation Letter To Stock Exchanges For Approval Of Unaudited Financials.
31 Oct - NCLT admitted CIRP; IRP appointed; moratorium declared; unaudited Q2 results approval on Nov 10, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
27 Oct - Compliance Certificate under Reg 74 5 of SEBI DP regulations
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Corporate Insolvency Resolution Process (CIRP)-Public Announcement
15 Oct - Aban Offshore published Form A (IBC insolvency) advertisement on 15 Oct 2025 in three newspapers.
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Corporate Insolvency Resolution Process (CIRP)-Appointment of Interim Resolution Professional (IRP)
14 Oct - NCLT Chennai appointed Mr. Shailesh B. Desai as Interim Resolution Professional for Aban Offshore on 10-Oct-2025.
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Compliance-57 (5) : intimation after the end of quarter
7 Oct - Rs.281 crore non-convertible redeemable preference shares (Rs.20 crore unlisted) unpaid since 2014; currently suspended.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Jul 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
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Feb 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Aug 2016TranscriptPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
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'.