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 ₹ 1,023 Cr.
- Current Price ₹ 201
- High / Low ₹ 241 / 194
- Stock P/E 62.0
- Book Value ₹ 33.8
- Dividend Yield 0.00 %
- ROCE 2.97 %
- ROE 2.85 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 98.6% CAGR over last 5 years
- Debtor days have improved from 113 to 40.9 days.
- Company's working capital requirements have reduced from 151 days to 103 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.
* 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 0 | 2 | 15 | 31 | 14 | 22 | |
| 1 | 1 | 1 | 0 | 0 | 24 | 11 | 9 | 4 | |
| Operating Profit | -0 | -0 | 0 | 0 | 2 | -10 | 20 | 5 | 18 |
| OPM % | -1.5% | -1.8% | 26% | 69% | 88% | -66% | 65% | 36% | 81% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 1 | -10 | 20 | 5 | 18 |
| Tax % | 50% | 0% | 35% | 28% | 15% | -30% | 25% | 4% | |
| 0 | 0 | 0 | 0 | 1 | -7 | 15 | 5 | 17 | |
| EPS in Rs | 20.00 | 0.00 | 0.03 | 0.04 | 0.21 | -1.34 | 2.96 | 0.92 | 3.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 73% |
| 3 Years: | 89% |
| TTM: | -27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 99% |
| 3 Years: | 64% |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -12% |
| 1 Year: | -7% |
| 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 | 9 | 9 | 10 | 10 | 10 | 10 |
| Reserves | 10 | 7 | 1 | 1 | 101 | 111 | 145 | 161 |
| 14 | 9 | 9 | 9 | 0 | 0 | 0 | 0 | |
| 1 | 2 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Total Liabilities | 25 | 20 | 19 | 19 | 111 | 121 | 155 | 172 |
| 0 | 0 | 18 | 0 | 0 | 0 | 0 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 24 | 18 | 0 | 18 | 106 | 115 | 129 | 159 |
| 1 | 2 | 1 | 1 | 5 | 5 | 26 | 13 | |
| Total Assets | 25 | 20 | 19 | 19 | 111 | 121 | 155 | 172 |
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 | 0 | 0 | -1 | -2 | 9 | 14 | 33 | |
| -6 | 6 | 0 | 0 | -88 | -9 | -14 | -30 | |
| 6 | -6 | 0 | 1 | 91 | 0 | 0 | 0 | |
| Net Cash Flow | -0 | 0 | 0 | -0 | 1 | -0 | -0 | 3 |
| Free Cash Flow | -0 | 0 | 0 | -1 | -2 | 9 | 14 | 32 |
| CFO/OP | 300% | -300% | 148% | -424% | -112% | -93% | 82% | 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 | 593 | 189 | 0 | 125 | 28 | 272 | 41 |
| Inventory Days | 0 | 0 | 0 | 0 | ||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 365 | 593 | 189 | 0 | 125 | 28 | 272 | 41 |
| Working Capital Days | 75 | 40 | -37 | 1,227 | 807 | 53 | 299 | 103 |
| ROCE % | 0% | 1% | 1% | 3% | -8% | 15% | 3% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Net Interest Margin (NBFC) % |
|
||||
| Total Assets Under Management (AUM) INR lakhs |
|||||
| Brokerage, Payment Processing & Advisory Income INR lakhs |
|||||
| Fee-based Investment Services Revenue (Core) INR lakhs |
|||||
| Global Arbitrage Fund (GAF) AUM INR Crs |
|||||
| Lending & Credit Solutions Revenue (Core) INR lakhs |
|||||
| Loan Book (NBFC) INR lakhs |
|||||
| Principal Investment & Treasury Revenue (Core) INR lakhs |
|||||
Extracted by Screener AI
Documents
Announcements
- Reg. 34 (1) Annual Report.
-
Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations, 2015
- Abans Financial reports approved trading plan from Assistant Vice President Jignesh Dinesh Shah on September 07, 2026.
-
Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations, 2015
- Company disclosed approved trading plan by designated person Jignesh Shah for sale of 9,700 shares from Dec 28, 2026 to Jan 1, 2027.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Copy of Newspaper Publication relating to dispatch of the Notice of 17th Annual General Meeting of the Company
-
Reg. 34 (1) Annual Report.
- Notice of 17th AGM on September 10, 2026 and FY 2025-26 annual report released.
Annual reports
Concalls
-
Aug 2025Transcript PPT
-
Jun 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
Jun 2024TranscriptAI SummaryPPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Feb 2024TranscriptAI SummaryPPT
-
Nov 2023Transcript PPT
-
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.