ABS Marine Services Ltd
Incorporated in 1992, ABS Marine Ltd is in the business of providing shipping services[1]
- Market Cap ₹ 462 Cr.
- Current Price ₹ 188
- High / Low ₹ 287 / 92.1
- Stock P/E 17.3
- Book Value ₹ 96.4
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 14.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 31.4% 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 56.3 days to 98.8 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | 20 | 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: | 31% |
3 Years: | 328% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -28% |
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 | 24 | 16 | |
-19 | -19 | 15 | 25 | -27 | -207 | |
6 | -2 | -20 | -3 | -4 | 194 | |
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 | 3 | -13 | -24 | 37 | 33 | 99 |
ROCE % | 4% | 2% | 10% | 20% | 15% |
Documents
Announcements
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Copy of Newspaper Publication
27 August 2025 - Kian Developers & Pillers Ltd: 33rd AGM on Sep 19, 2025 noon via VC; e‑voting Sep 23–25, 2025.
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Shareholders meeting
26 August 2025 - 32nd AGM Sept 23, 2025; seek RPT approvals: Rs49 Cr (Oceandeep) and Rs35 Cr (Epsom); director reappointment.
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Credit Rating
20 August 2025 - Crisil reaffirms BBB+/Stable, assigns A2; bank facilities increased to Rs370.5 crore; FY25 revenue Rs179.85cr.
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General Updates
7 August 2025 - Announcement contains only digital signature metadata, no substantive information.
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Outcome of Board Meeting
7 August 2025 - Announcement contains only digital signatures and timestamps, no substantive information.
Annual reports
Concalls
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Jun 2025Transcript PPT REC
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Jun 2024TranscriptNotesPPT
Business Overview:[1]
ABS is in the shipping services industry and provides diversified services such as manning & technical services and chartering & hiring services. The majority of their manning and technical services are tender-based.