ABS Marine Services Ltd

ABS Marine Services Ltd

₹ 209 2.00%
01 Jul - close price
About

Incorporated in 1992, ABS Marine Ltd is in the business of providing shipping services[1]

Key Points

Business Overview:[1]
ABS is in the shipping services industry and provides diversified services such as manning & technical services and chartering & hiring services. Majority of the company’s manning and technical services are tender-based. In FY24, company has 5 Owned Ships, 1 Long Term Chartered-in Ship, and 36 Vessels Under Management

  • Market Cap 513 Cr.
  • Current Price 209
  • High / Low 425 / 92.1
  • Stock P/E 19.2
  • Book Value 96.4
  • Dividend Yield 0.00 %
  • ROCE 14.7 %
  • ROE 14.8 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 31.5% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.7% over last 3 years.
  • Working capital days have increased from 104 days to 188 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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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2024 Mar 2025
72 100
61 74
Operating Profit 10 26
OPM % 14% 26%
2 2
Interest 1 1
Depreciation 1 1
Profit before tax 10 26
Tax % 29% 24%
7 20
EPS in Rs 2.88 8.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
76 71 58 95 118 171
65 61 49 80 88 135
Operating Profit 11 10 9 16 31 36
OPM % 15% 14% 15% 16% 26% 21%
5 3 11 2 -1 4
Interest 2 2 2 2 2 2
Depreciation 6 8 7 5 5 2
Profit before tax 9 3 10 11 23 36
Tax % 23% 25% 24% 24% 15% 25%
7 2 8 8 19 27
EPS in Rs 10.88
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 44%
TTM: 45%
Compounded Profit Growth
10 Years: %
5 Years: 32%
3 Years: 328%
TTM: 32%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -41%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 14%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.01 0.01 0.01 0.01 18 25
Reserves 86 88 96 104 106 212
30 31 12 11 18 144
19 16 21 29 12 15
Total Liabilities 135 135 130 144 154 396
52 58 37 34 10 93
CWIP 0 0 0 0 0 0
Investments 27 37 55 29 76 78
57 40 37 81 68 226
Total Assets 135 135 130 144 154 396

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
19 15 7 -17 23 11
-19 -19 15 25 -27 -207
6 -2 -20 -3 -4 199
Net Cash Flow 6 -6 1 6 -7 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 119 88 90 98 90 117
Inventory Days
Days Payable
Cash Conversion Cycle 119 88 90 98 90 117
Working Capital Days 6 42 14 51 72 188
ROCE % 4% 2% 10% 20% 15%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2024Mar 2025
63.42% 63.42%
0.48% 0.16%
10.03% 9.87%
26.07% 26.55%
No. of Shareholders 3,5883,939

* 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.

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