Abans Financial Services Ltd
Incorporated in 2009, Abans Financial Services Ltd provides services such as Institutional Broking, Asset Management, Financial Lending, Treasury operations, and Remittance Services[1]
- Market Cap ₹ 1,022 Cr.
- Current Price ₹ 201
- High / Low ₹ 270 / 194
- Stock P/E 220
- Book Value ₹ 33.8
- Dividend Yield 0.00 %
- ROCE 2.97 %
- ROE 2.85 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Debtor days have improved from 113 to 41.0 days.
Cons
- Stock is trading at 5.96 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 3.09% over last 3 years.
- Working capital days have increased from 318 days to 601 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
Financial Services Financial Services Finance Holding Company
Part of BSE Financial Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 0.68 | 1.09 | 0.89 | 0.36 | 2.05 | 14.57 | 30.76 | 13.88 | |
| 0.69 | 1.11 | 0.66 | 0.11 | 0.24 | 24.20 | 10.69 | 8.97 | |
| Operating Profit | -0.01 | -0.02 | 0.23 | 0.25 | 1.81 | -9.63 | 20.07 | 4.91 |
| OPM % | -1.47% | -1.83% | 25.84% | 69.44% | 88.29% | -66.09% | 65.25% | 35.37% |
| 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.55 | 0.00 | 0.00 | 0.03 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 |
| Profit before tax | 0.02 | 0.01 | 0.23 | 0.25 | 1.26 | -9.63 | 20.07 | 4.82 |
| Tax % | 50.00% | 0.00% | 34.78% | 28.00% | 15.08% | -30.22% | 25.41% | 3.73% |
| 0.02 | 0.00 | 0.15 | 0.18 | 1.06 | -6.72 | 14.97 | 4.64 | |
| EPS in Rs | 20.00 | 0.00 | 0.03 | 0.04 | 0.21 | -1.34 | 2.96 | 0.92 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 73% |
| 3 Years: | 89% |
| TTM: | -55% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 99% |
| 3 Years: | 64% |
| TTM: | -69% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -10% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 3.09 | 9.27 | 9.27 | 10.03 | 10.03 | 10.12 | 10.13 |
| Reserves | 9.72 | 6.58 | 0.55 | 0.72 | 101.30 | 110.70 | 144.70 | 160.98 |
| 14.24 | 8.53 | 8.66 | 9.33 | 0.00 | 0.00 | 0.00 | 0.28 | |
| 0.63 | 1.73 | 0.58 | 0.09 | 0.07 | 0.10 | 0.37 | 0.68 | |
| Total Liabilities | 24.60 | 19.93 | 19.06 | 19.41 | 111.40 | 120.83 | 155.19 | 172.07 |
| 0.00 | 0.00 | 18.06 | 0.00 | 0.00 | 0.00 | 0.13 | 140.50 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 23.83 | 18.06 | 0.00 | 18.06 | 106.10 | 115.38 | 129.06 | 18.95 |
| 0.77 | 1.87 | 1.00 | 1.35 | 5.30 | 5.45 | 26.00 | 12.62 | |
| Total Assets | 24.60 | 19.93 | 19.06 | 19.41 | 111.40 | 120.83 | 155.19 | 172.07 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -0.03 | 0.05 | 0.33 | -1.13 | -2.25 | 8.75 | 12.45 | 32.53 | |
| -6.35 | 5.76 | 0.03 | 0.00 | -88.05 | -9.09 | -12.69 | -30.11 | |
| 6.30 | -5.78 | 0.12 | 0.67 | 90.95 | 0.00 | 0.09 | 0.02 | |
| Net Cash Flow | -0.08 | 0.02 | 0.48 | -0.46 | 0.65 | -0.33 | -0.15 | 2.43 |
| Free Cash Flow | -0.03 | 0.05 | 0.33 | -1.13 | -2.25 | 8.75 | 12.32 | 31.97 |
| CFO/OP | 300% | -300% | 148% | -424% | -112% | -93% | 76% | 658% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 365.00 | 592.71 | 188.65 | 0.00 | 124.63 | 27.56 | 271.85 | 41.02 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 365.00 | 592.71 | 188.65 | 0.00 | 124.63 | 27.56 | 271.85 | 41.02 |
| Working Capital Days | 75.15 | 40.18 | -36.91 | 1,226.81 | 806.56 | 52.61 | 299.02 | 600.88 |
| ROCE % | 0.05% | 1.25% | 1.32% | 2.77% | -8.30% | 14.57% | 2.97% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| NBFC Loan Book ₹ in lakhs |
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| Assets Under Management (AUM) - Consolidated ₹ in lakhs |
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| Number of Clients Count |
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| Number of Distributors Count |
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| AUM - Portfolio Management Services (PMS) ₹ in crores |
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| Payment Processing Transaction Value (UK Subsidiary) USD Millions |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
4h - VP-Operations Saurav Garg resigns effective July 15, 2026, for personal reasons.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Submitted Annual Secretarial Compliance Report for FY ended March 31, 2026; prior dividend policy fine paid.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 18 May
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 18 May
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Financial Results of the Company for the quarter and year ended March 31, 2026
Annual reports
Concalls
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT
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Aug 2023TranscriptAI SummaryPPT
Business Overview:[1]
AFSL used to be a commodities trading
company, but has diversified into a multi-
asset and multinational financial services company mainly segmented under – Agency Business, Finance Business, and Capital
Business. It caters to financial businesses
viz. Institutional Broking, Asset Management, Financial Lending, Treasury operations and Remittance Services.