Abans Financial Services Ltd

Abans Financial Services Ltd

₹ 251 10.45%
11 Jun 4:01 p.m.
About

Incorporated in 2009, Abans Financial Services Ltd provides services such as Institutional Broking, Asset Management, Financial Lending, Treasury operations, and Remittance Services[1]

Key Points

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.

  • Market Cap 1,270 Cr.
  • Current Price 251
  • High / Low 625 / 165
  • Stock P/E 12.5
  • Book Value 212
  • Dividend Yield 0.00 %
  • ROCE 9.68 %
  • ROE 10.2 %
  • Face Value 2.00

Pros

  • Stock is trading at 1.20 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 23.9% CAGR over last 5 years
  • Debtor days have improved from 57.8 to 36.9 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 9.52% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
252 259 572 252 365 506 252 296 641 1,280 1,063
235 244 545 218 327 468 215 252 595 1,228 1,016
Operating Profit 17 15 27 33 39 38 37 44 46 52 48
OPM % 7% 6% 5% 13% 11% 8% 15% 15% 7% 4% 4%
3 7 1 4 0 1 0 0 1 0 1
Interest 2 5 2 13 14 13 12 15 12 17 15
Depreciation 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 18 18 25 24 25 26 25 29 35 35 33
Tax % -5% 14% 11% 14% 6% 8% 16% 16% 22% 24% 9%
19 15 23 21 23 24 21 24 27 27 30
EPS in Rs 3.72 2.78 4.19 3.84 4.26 4.32 3.89 4.43 5.06 5.13 5.61
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
4,377 2,771 1,331 645 1,163 1,380 3,281
4,321 2,675 1,250 554 1,078 1,228 3,091
Operating Profit 57 96 81 91 86 152 189
OPM % 1% 3% 6% 14% 7% 11% 6%
0 1 0 2 0 0 2
Interest 17 53 31 26 10 52 58
Depreciation 2 1 1 1 1 1 1
Profit before tax 38 42 49 66 76 100 132
Tax % 6% 7% 7% 7% 7% 11% 18%
36 39 46 62 70 89 109
EPS in Rs 35,330.00 112.89 9.04 12.25 12.92 16.30 20.15
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 3%
3 Years: 72%
TTM: 138%
Compounded Profit Growth
10 Years: %
5 Years: 24%
3 Years: 22%
TTM: 25%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -40%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 10%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.01 3 9 9 10 10 10
Reserves 370 497 553 622 817 921 1,064
384 319 268 86 441 929 834
333 395 352 493 595 1,037 1,152
Total Liabilities 1,086 1,213 1,182 1,210 1,863 2,897 3,060
27 21 20 20 19 21 22
CWIP 0 0 0 0 0 0 0
Investments 39 47 60 97 570 1,007 974
1,020 1,144 1,101 1,093 1,274 1,870 2,064
Total Assets 1,086 1,213 1,182 1,210 1,863 2,897 3,060

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-126 18 62 149 211 45 -119
1 -64 -4 -35 -466 -446 210
185 22 66 -181 418 403 -150
Net Cash Flow 59 -24 124 -67 163 1 -58

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 20 57 94 176 78 58 37
Inventory Days 6 4 7 42 22 18 2
Days Payable 14 30 17 97 28 46 6
Cash Conversion Cycle 11 31 85 121 72 30 34
Working Capital Days 55 102 176 319 128 165 182
ROCE % 11% 9% 10% 8% 9% 10%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
72.09% 72.09% 72.09% 72.09% 72.09% 72.09% 72.09% 72.02% 71.50% 71.48%
7.70% 11.25% 12.40% 11.72% 11.58% 11.47% 10.42% 11.07% 12.86% 15.11%
1.48% 1.48% 1.48% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01%
18.73% 15.19% 14.04% 16.19% 16.34% 16.45% 17.50% 16.88% 15.64% 13.41%
No. of Shareholders 39,96128,24317,76114,52413,19312,87111,45915,51316,53716,786

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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