Aban Offshore Ltd
Incorporated in 1986, Aban Offshore is in the business of offshore drilling services[1]
- Market Cap ₹ 265 Cr.
- Current Price ₹ 45.3
- High / Low ₹ 81.5 / 35.3
- Stock P/E
- Book Value ₹ -4,352
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 2.00
Pros
- Debtor days have improved from 163 to 62.0 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -13.4% over past five years.
- Contingent liabilities of Rs.1,269 Cr.
- Earnings include an other income of Rs.169 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,936 | 4,041 | 3,335 | 1,758 | 1,467 | 848 | 974 | 1,069 | 598 | 397 | 400 | 476 | 462 | |
1,732 | 1,662 | 1,443 | 851 | 2,053 | 4,369 | 8,340 | 2,018 | 1,580 | 528 | 556 | 304 | 284 | |
Operating Profit | 2,204 | 2,379 | 1,892 | 907 | -586 | -3,520 | -7,365 | -949 | -982 | -131 | -156 | 172 | 178 |
OPM % | 56% | 59% | 57% | 52% | -40% | -415% | -756% | -89% | -164% | -33% | -39% | 36% | 38% |
31 | 44 | 21 | 15 | 14 | 113 | 13 | 257 | 69 | 225 | 48 | 192 | 169 | |
Interest | 1,141 | 1,091 | 1,038 | 1,090 | 1,282 | 1,137 | 1,203 | 1,106 | 1,097 | 1,110 | 1,092 | 1,110 | 1,117 |
Depreciation | 548 | 598 | 902 | 701 | 665 | 675 | 845 | 195 | 145 | 47 | 97 | 118 | 110 |
Profit before tax | 546 | 734 | -27 | -870 | -2,518 | -5,220 | -9,401 | -1,992 | -2,154 | -1,063 | -1,297 | -865 | -880 |
Tax % | 28% | 26% | 806% | 20% | 4% | 1% | -5% | -1% | 1% | 3% | 2% | 3% | |
393 | 545 | -241 | -1,041 | -2,606 | -5,273 | -8,973 | -1,973 | -2,177 | -1,091 | -1,318 | -889 | -905 | |
EPS in Rs | 90.33 | 94.35 | -41.30 | -178.33 | -446.58 | -903.52 | -1,537.32 | -337.96 | -373.01 | -186.88 | -225.79 | -152.38 | -154.98 |
Dividend Payout % | 4% | 4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -19% |
5 Years: | -13% |
3 Years: | -7% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 17% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | -15% |
5 Years: | 12% |
3 Years: | -7% |
1 Year: | -43% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 3,877 | 5,408 | 3,682 | 2,624 | 7 | -5,320 | -15,332 | -16,834 | -19,524 | -22,308 | -23,884 | -25,414 |
14,842 | 14,341 | 14,716 | 14,005 | 13,740 | 14,351 | 15,688 | 15,185 | 15,249 | 15,135 | 15,308 | 15,697 | |
1,320 | 1,212 | 1,820 | 2,087 | 3,179 | 4,615 | 5,643 | 6,257 | 7,232 | 8,889 | 10,079 | 11,238 | |
Total Liabilities | 20,047 | 20,973 | 20,229 | 18,728 | 16,938 | 13,657 | 6,011 | 4,619 | 2,968 | 1,727 | 1,515 | 1,533 |
17,866 | 18,363 | 17,197 | 16,203 | 14,369 | 11,262 | 4,052 | 3,191 | 704 | 693 | 682 | 663 | |
CWIP | 0 | 19 | 0 | 9 | 0 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 8 | 13 | 16 | 27 | 27 | 26 | 23 | 23 | 23 | 23 | 22 | 22 |
2,173 | 2,578 | 3,016 | 2,488 | 2,542 | 2,363 | 1,935 | 1,405 | 2,241 | 1,010 | 811 | 848 | |
Total Assets | 20,047 | 20,973 | 20,229 | 18,728 | 16,938 | 13,657 | 6,011 | 4,619 | 2,968 | 1,727 | 1,515 | 1,533 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,992 | -664 | 1,299 | 1,802 | 396 | 978 | -976 | 679 | -434 | 130 | -72 | 139 | |
-1,425 | -921 | -845 | 257 | -68 | -1,590 | -636 | 11 | 206 | 1,400 | -11 | 19 | |
-1,565 | 1,559 | -452 | -2,102 | -319 | 656 | 1,635 | -620 | 253 | -1,470 | -22 | -9 | |
Net Cash Flow | 2 | -26 | 3 | -43 | 9 | 44 | 23 | 70 | 26 | 61 | -105 | 148 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 119 | 144 | 254 | 385 | 466 | 479 | 411 | 184 | 255 | 301 | 127 | 62 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 119 | 144 | 254 | 385 | 466 | 479 | 411 | 184 | 255 | 301 | 127 | 62 |
Working Capital Days | -272 | 2 | -7 | -314 | -3,495 | -7,007 | -7,320 | -6,906 | -13,215 | -21,480 | -22,707 | -20,379 |
ROCE % | 9% | 9% | 5% | 1% | -8% | -36% | -174% |
Documents
Announcements
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Corporate Insolvency Resolution Process (CIRP)-Admission of application by Tribunal
2 Sep - NCLT admitted PNB's Section 7 petition; CIRP initiated 01.09.2025; outstanding ~Rs1,062.86 crore; IRP appointed.
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Corporate Insolvency Resolution Process (CIRP)-Admission of application by Tribunal
1 Sep - NCLT admitted PNB's Section 7 IBC petition for INR 366.09 crore default; order awaited (01 Sep 2025).
- Reg. 34 (1) Annual Report. 20 Aug
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Intimation Of 39Th Annual General Meeting
20 Aug - 39th AGM on 24 Sep 2025 at 10:15 AM via VC; remote e-voting 21–23 Sep; cutoff 17 Sep 2025.
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Unaudited Financial Results For The Quarter Ended June 2025.
11 Aug - Q1 2025 results show losses, going concern doubts, loan defaults; AGM date changed to Sept 24, 2025.
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'.