Aban Offshore Ltd

AI

Aban Offshore Ltd

₹ 15.7 -1.99%
26 Aug - 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 91.9 Cr.
  • Current Price 15.7
  • High / Low 51.5 / 12.9
  • Stock P/E 2.85
  • Book Value -165
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 2.00

Pros

Cons

  • The company has delivered a poor sales growth of -6.51% over past five years.
  • Contingent liabilities of Rs.1,259 Cr.
  • Company has high debtors of 549 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
15 24 17 20 29 27 39 34 25 25 31 27 29
101 68 48 78 83 14 8 20 8 6 26 4 19
Operating Profit -86 -44 -31 -58 -54 12 31 14 17 19 5 23 10
OPM % -582% -185% -182% -293% -183% 47% 79% 42% 68% 75% 16% 86% 36%
5 3 2 2 3 19 158 4 4 3 3 3 5
Interest 16 16 16 16 16 16 16 16 16 16 16 0 0
Depreciation 8 10 10 10 10 10 10 4 2 0 0 0 0
Profit before tax -105 -67 -55 -82 -76 6 164 -2 3 6 -8 25 16
Tax % 4% 5% 0% 1% 0% 5% -0% 40% 50% 28% 19% 6% 10%
-109 -70 -55 -82 -76 6 164 -3 2 4 -10 24 14
EPS in Rs -18.75 -11.96 -9.37 -14.08 -13.09 0.98 28.11 -0.60 0.26 0.69 -1.70 4.06 2.39
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
760 1,014 887 592 263 241 156 81 76 90 125 111
378 371 319 309 199 4,872 334 86 178 277 50 55
Operating Profit 381 643 568 282 64 -4,632 -178 -5 -102 -187 74 57
OPM % 50% 63% 64% 48% 24% -1,925% -114% -6% -134% -207% 60% 51%
58 68 53 60 156 9 66 24 106 10 185 15
Interest 93 121 120 113 109 96 82 79 69 64 65 33
Depreciation 81 150 154 161 154 161 61 41 38 39 25 1
Profit before tax 266 440 347 68 -43 -4,879 -254 -100 -104 -279 170 38
Tax % 28% 34% 39% 87% 61% -9% -9% 5% 11% 1% 1% 17%
191 290 211 9 -69 -4,457 -231 -106 -115 -283 168 32
EPS in Rs 33.00 49.71 36.18 1.47 -11.88 -763.71 -39.63 -18.12 -19.70 -48.48 28.75 5.43
Dividend Payout % 11% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -20%
5 Years: -7%
3 Years: 14%
TTM: -11%
Compounded Profit Growth
10 Years: -20%
5 Years: 16%
3 Years: 29%
TTM: -81%
Stock Price CAGR
10 Years: -23%
5 Years: -17%
3 Years: -29%
1 Year: -67%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 12 12 12 12 12 12 12 12 12 12 12 12
Reserves 2,856 3,864 4,076 4,087 4,018 -439 -671 -777 -892 -1,175 -1,006 -974
1,246 1,095 942 884 841 820 762 760 674 677 682 678
610 941 872 900 956 801 855 854 891 930 828 795
Total Liabilities 4,724 5,911 5,902 5,882 5,827 1,194 957 849 684 444 516 510
957 1,954 1,803 1,684 1,529 354 173 127 74 36 11 23
CWIP 19 0 9 0 6 0 0 0 0 0 0 0
Investments 2,616 2,618 2,620 2,620 3,547 13 13 13 13 13 13 11
1,133 1,339 1,470 1,579 745 827 771 709 597 395 491 476
Total Assets 4,724 5,911 5,902 5,882 5,827 1,194 957 849 684 444 516 510

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
368 346 317 112 171 211 102 20 23 -5 4 -12
-276 -44 -23 -52 -935 -139 -70 -1 59 4 17 0
-143 -294 -301 -52 793 -21 5 -7 -83 1 -11 1
Net Cash Flow -51 8 -7 9 28 51 36 12 -1 0 10 -10
Free Cash Flow 139 303 294 60 162 77 31 19 78 -5 21 -12
CFO/OP 114% 66% 86% 74% 370% -5% -59% -381% -25% 1% 10% -16%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 137 167 188 309 672 775 780 1,396 1,386 342 433 549
Inventory Days
Days Payable
Cash Conversion Cycle 137 167 188 309 672 775 780 1,396 1,386 342 433 549
Working Capital Days 57 47 133 74 -1,011 -1,358 -2,429 -5,164 -5,530 -5,675 -3,651 -3,839
ROCE % 10% 12% 9% 4% 1% -182% -83% -64%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of operational/deployed rigs
rigs

Log in to view insights

Please log in to see hidden values.

Login
Total rig fleet size
rigs
Fleet utilization
%
Average age of jackup fleet
years

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00% 46.00%
0.08% 0.09% 0.43% 0.08% 0.12% 0.13% 0.12% 0.00% 0.00% 0.00% 0.00% 0.00%
1.86% 1.71% 1.71% 1.71% 1.71% 1.71% 0.96% 0.26% 0.06% 0.06% 0.06% 0.06%
52.06% 52.20% 51.87% 52.21% 52.18% 52.16% 52.92% 53.74% 53.92% 53.94% 53.94% 53.94%
No. of Shareholders 1,04,2221,02,0271,01,56898,35995,60094,99994,63194,33593,38692,70693,48193,148

* 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.

Click on the line-items to see the names of individual entities.

Documents

Concalls