ABS Marine Services Ltd
Incorporated in 1992, ABS Marine Ltd is in the business of providing shipping services[1]
- Market Cap ₹ 572 Cr.
- Current Price ₹ 233
- High / Low ₹ 316 / 143
- Stock P/E 7.33
- Book Value ₹ 128
- Dividend Yield 0.00 %
- ROCE 21.1 %
- ROE 28.3 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 108% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
* 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.
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 76 | 71 | 58 | 95 | 118 | 171 | 325 | |
| 65 | 61 | 49 | 80 | 88 | 135 | 190 | |
| Operating Profit | 11 | 10 | 9 | 16 | 31 | 36 | 135 |
| OPM % | 15% | 14% | 15% | 16% | 26% | 21% | 41% |
| 5 | 3 | 11 | 2 | -1 | 4 | 3 | |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 28 |
| Depreciation | 6 | 8 | 7 | 5 | 5 | 2 | 27 |
| Profit before tax | 9 | 3 | 10 | 11 | 23 | 36 | 82 |
| Tax % | 23% | 25% | 24% | 24% | 15% | 25% | 5% |
| 7 | 2 | 8 | 8 | 20 | 27 | 78 | |
| EPS in Rs | 10.88 | 31.79 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 50% |
| TTM: | 89% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 108% |
| 3 Years: | 121% |
| TTM: | 193% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 8% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 22% |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 18 | 25 | 25 |
| Reserves | 86 | 88 | 96 | 104 | 106 | 212 | 290 |
| 30 | 31 | 12 | 11 | 18 | 144 | 350 | |
| 19 | 16 | 21 | 29 | 12 | 15 | 43 | |
| Total Liabilities | 135 | 135 | 130 | 144 | 154 | 396 | 709 |
| 52 | 58 | 37 | 34 | 10 | 93 | 409 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 27 | 37 | 55 | 29 | 76 | 78 | 78 |
| 57 | 40 | 37 | 81 | 68 | 226 | 220 | |
| Total Assets | 135 | 135 | 130 | 144 | 154 | 396 | 709 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 19 | 15 | 7 | -17 | 24 | 16 | 147 | |
| -19 | -19 | 15 | 25 | -27 | -207 | -321 | |
| 6 | -2 | -20 | -3 | -4 | 194 | 171 | |
| Net Cash Flow | 6 | -6 | 1 | 6 | -7 | 3 | -3 |
| Free Cash Flow | -4 | 1 | 29 | -19 | 42 | -69 | -197 |
| CFO/OP | 194% | 157% | 76% | -118% | 93% | 72% | 112% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 119 | 88 | 90 | 98 | 90 | 117 | 110 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 119 | 88 | 90 | 98 | 90 | 117 | 110 |
| Working Capital Days | 3 | -13 | -24 | 37 | 33 | 99 | 55 |
| ROCE % | 4% | 2% | 10% | 20% | 15% | 21% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| % Revenue from Government Customers % |
|
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| % Revenue from Other (Private) Customers % |
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| % Revenue from Public Sector Undertakings % |
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| Number of Owned Vessels count |
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| Vessels Under Management count |
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Extracted by Screener AI
Documents
Announcements
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
10 July 2026 - ABS Marine says corporate governance report not applicable for quarter ended 30 June 2026.
-
Press Release
26 June 2026 - CRISIL upgraded ABS Marine to A-/Stable and A2+; rated facilities rose to ₹505.50 crore.
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Credit Rating
25 June 2026 - CRISIL upgraded ABS Marine to A-/Stable and A2+, rating bank facilities at Rs.505.5 crore.
-
Clarification - Financial Results
25 June 2026 - Exchange has sought clarification from ABS Marine Services Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
-
Press Release
22 June 2026 - ABS Marine wins 5-year MV ARTEMIS charter contract worth ₹126.12 Cr, extendable by 5 years.
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Dec 2025TranscriptAI SummaryPPT
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Jun 2025Transcript PPT REC
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Jun 2024TranscriptAI SummaryPPT
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.