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 ₹ 1,025 Cr.
- Current Price ₹ 202
- High / Low ₹ 270 / 180
- Stock P/E 143
- Book Value ₹ 31.7
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 10.9 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 6.36 times its book value
- Company has a low return on equity of 2.96% over last 3 years.
- Company has high debtors of 272 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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 0.68 | 1.09 | 0.89 | 0.36 | 2.05 | 14.57 | 30.76 | 18.48 | |
| 0.69 | 1.11 | 0.66 | 0.11 | 0.24 | 24.20 | 10.69 | 9.88 | |
| Operating Profit | -0.01 | -0.02 | 0.23 | 0.25 | 1.81 | -9.63 | 20.07 | 8.60 |
| OPM % | -1.47% | -1.83% | 25.84% | 69.44% | 88.29% | -66.09% | 65.25% | 46.54% |
| 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.55 | 0.00 | 0.00 | 0.02 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 |
| Profit before tax | 0.02 | 0.01 | 0.23 | 0.25 | 1.26 | -9.63 | 20.07 | 8.58 |
| Tax % | 50.00% | 0.00% | 34.78% | 28.00% | 15.08% | -30.22% | 25.41% | |
| 0.02 | 0.00 | 0.15 | 0.18 | 1.06 | -6.72 | 14.97 | 7.19 | |
| EPS in Rs | 20.00 | 0.00 | 0.03 | 0.04 | 0.21 | -1.34 | 2.96 | 1.42 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 95% |
| 3 Years: | 340% |
| TTM: | -24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 337% |
| TTM: | -35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 3.09 | 9.27 | 9.27 | 10.03 | 10.03 | 10.12 | 10.12 |
| Reserves | 9.72 | 6.58 | 0.55 | 0.72 | 101.30 | 110.70 | 144.70 | 150.55 |
| 14.24 | 8.53 | 8.66 | 9.33 | 0.00 | 0.00 | 0.00 | 0.30 | |
| 0.63 | 1.73 | 0.58 | 0.12 | 0.07 | 0.10 | 0.37 | 0.40 | |
| Total Liabilities | 24.60 | 19.93 | 19.06 | 19.44 | 111.40 | 120.83 | 155.19 | 161.37 |
| 0.00 | 0.00 | 18.06 | 18.06 | 0.00 | 0.00 | 0.13 | 0.48 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 23.83 | 18.06 | 0.00 | 0.00 | 106.10 | 115.38 | 129.06 | 146.10 |
| 0.77 | 1.87 | 1.00 | 1.38 | 5.30 | 5.45 | 26.00 | 14.79 | |
| Total Assets | 24.60 | 19.93 | 19.06 | 19.44 | 111.40 | 120.83 | 155.19 | 161.37 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -0.03 | 0.05 | 0.33 | -1.13 | -2.25 | 8.75 | 12.45 | |
| -6.35 | 5.76 | 0.03 | 0.00 | -88.05 | -9.09 | -12.69 | |
| 6.30 | -5.78 | 0.12 | 0.67 | 90.95 | 0.00 | 0.09 | |
| Net Cash Flow | -0.08 | 0.02 | 0.48 | -0.46 | 0.65 | -0.33 | -0.15 |
| Free Cash Flow | -0.03 | 0.05 | 0.33 | -1.13 | -2.25 | 8.75 | 12.32 |
| CFO/OP | 300% | -300% | 148% | -424% | -112% | -93% | 76% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 365.00 | 592.71 | 188.65 | 0.00 | 124.63 | 27.56 | 271.85 |
| 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 |
| Working Capital Days | 75.15 | 40.18 | -36.91 | 1,226.81 | 806.56 | 52.61 | 299.02 |
| ROCE % | 0.05% | 1.25% | 1.32% | 2.77% | -8.30% | 14.57% |
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 Of SEBI LODR Regulations- Voluntary Delisting Of Ncds Of Abans Finance Private Limited, Material Subsidiary Company
24 Apr - Abans Finance Private Limited NCDs voluntarily delisted from BSE; trading suspended from April 27, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Apr - Newspaper Advertisement of Notice of Postal Ballot dated April 13, 2026
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
14 Apr - Postal ballot seeks approval for FY27 material RPTs totaling Rs12,875 crore; e-voting Apr 16-May 15, 2026.
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Announcement under Regulation 30 (LODR)-Resignation of Director
13 Apr - Whole-Time Director and CFO Nirbhay Fancy Vassa resigned, effective close of business May 15, 2026.
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Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
13 Apr - Whole-Time Director and CFO Nirbhay Fancy Vassa resigns; last working day May 15, 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.