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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Aban Offshore Ltd

About the Company - Aban Offshore Ltd

Aban Offshore Ltd. is a Public Limited Listed company incorporated on 25/09/1986 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L01119TN1986PLC013473 and registration number is 013473. Currently company belongs to the Industry of Oil Drilling And Exploration. Company’s Total Operating Revenue is Rs. 82.07 Cr. and Equity Capital is Rs. 11.67 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Oil Drilling And ExplorationJanpriya Crest, Chennai (Madras) Tamil Nadu 600008secretarial@aban.com
http://www.abanoffshore.com
Management
NamePosition Held
Mr. P MurariChairman
Mr. P VenkateswaranVice Chairman
Mr. Reji AbrahamManaging Director
Mr. C P GopalkrishnanDy.Managing Director & CFO
Ms. Subhashini ChandranDirector
Mr. K BharathanDirector
Mr. Ashok Kumar RoutDirector
Ms. Deepa Reji AbrahamDirector

Basic Stock Data of Aban Offshore Ltd

Last Updated: May 2, 2024, 5:00 pm

Market Cap 371 Cr.
Current Price 63.6
High / Low93.5/36.1
Stock P/E
Book Value 3,952
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 2.00
PEG Ratio0.00

Aban Offshore Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales2142651931401371281509579731056394
Expenses1671,3651391201381,18116511084166147104134
Operating Profit47-1,1015420-2-1,053-15-15-5-93-42-40-39
OPM %22%-416%28%14%-1%-820%-10%-16%-7%-128%-40%-63%-42%
Other Income2109114828921031118141212
Interest276266273277279269277270275287276265274
Depreciation48473738363412121211212322
Profit before tax-275-1,305-245-247-315-1,347-212-194-282-373-325-316-324
Tax %-2%2%-4%-1%-4%0%-1%-7%-2%-2%-2%-0%-1%
Net Profit-282-1,283-256-248-327-1,345-213-208-287-381-333-318-327
EPS in Rs-48.23-219.85-43.93-42.50-56.06-230.51-36.47-35.56-49.24-65.21-57.10-54.43-55.99

Last Updated: May 2, 2024, 9:47 am

Aban Offshore Ltd Quarterly Chart

Aban Offshore Ltd Profit & Loss

Last Updated: May 2, 2024, 9:47 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3,1633,6733,9364,0413,3351,7581,4678489741,069598397335
Expenses1,3221,6861,7321,6621,4438512,0534,3698,3402,0181,580528550
Operating Profit1,8401,9872,2042,3791,892907-586-3,520-7,365-949-982-131-215
OPM %58%54%56%59%57%52%-40%-415%-756%-89%-164%-33%-64%
Other Income66263144211514113132576922556
Interest9891,1881,1411,0911,0381,0901,2821,1371,2031,1061,0971,1101,102
Depreciation5164915485989027016656758451951454777
Profit before tax401333546734-27-870-2,518-5,220-9,401-1,992-2,154-1,063-1,338
Tax %20%43%28%26%-806%-20%-4%-1%5%1%-1%-3%
Net Profit322194393545-241-1,041-2,606-5,273-8,973-1,973-2,177-1,091-1,358
EPS in Rs73.8844.5590.3394.35-41.30-178.33-446.58-903.52-1,537.32-337.96-373.01-186.88-232.73
Dividend Payout %5%8%4%4%0%0%0%0%0%0%0%0%

Aban Offshore Ltd Profit & Loss Yearly Chart

Aban Offshore Ltd Growth

Compounded Sales Growth
10 Years:-20%
5 Years:-23%
3 Years:-26%
TTM:-26%
Compounded Profit Growth
10 Years:%
5 Years:9%
3 Years:23%
TTM:37%
Stock Price CAGR
10 Years:-19%
5 Years:2%
3 Years:29%
1 Year:65%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: April 6, 2024, 5:47 am

Aban Offshore Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital99912121212121212121212
Reserves2,5722,9943,8375,4033,6822,6247-5,320-15,332-16,834-19,524-22,308-23,080
Preference Capital28128128128100000000
Borrowings13,51313,64714,56114,06014,71614,00513,74014,35115,68815,18515,24915,13515,223
Other Liabilities1,2741,5391,6401,4991,8202,0873,1794,6155,6436,2577,2328,9029,437
Total Liabilities17,36818,18920,04720,97320,22918,72816,93813,6576,0114,6192,9681,7401,591
Fixed Assets15,69716,40917,86618,36317,19716,20314,36911,2624,0523,191704693679
CWIP2520019090600000
Investments36813162727262323232323
Other Assets1,6431,7532,1732,5783,0162,4882,5422,3631,9351,4052,2411,024889
Total Assets17,36818,18920,04720,97320,22918,72816,93813,6576,0114,6192,9681,7401,591

Aban Offshore Ltd Reserves and Borrowings Chart

Aban Offshore Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 9702,0232,992-6641,2991,802396978-976679-434130
Cash from Investing Activity -615-952-1,425-921-845257-68-1,590-636112061,400
Cash from Financing Activity -816-1,017-1,5651,559-452-2,102-3196561,635-620253-1,470
Net Cash Flow-461542-263-4394423702661

Aban Offshore Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days117108119144254385466479411184255301
Inventory Days
Days Payable
Cash Conversion Cycle117108119144254385466479411184255301
Working Capital Days-152-140-2352318-271-3,450-6,962-7,300-6,901-3,913-7,629
ROCE %9%9%9%10%5%1%-8%-36%-174%

Aban Offshore Ltd Financial Efficiency Indicators Chart

Aban Offshore Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters46.00%46.00%46.00%46.00%46.00%46.00%46.00%46.00%46.00%46.00%46.00%46.00%
FIIs0.09%0.09%0.09%0.08%0.10%0.11%0.09%0.17%0.12%0.08%0.09%0.43%
DIIs1.87%1.86%1.86%1.87%1.87%1.86%1.86%1.86%1.86%1.86%1.71%1.71%
Public52.05%52.05%52.05%52.06%52.03%52.04%52.05%51.98%52.02%52.06%52.20%51.87%
No. of Shareholders1,17,1111,17,5291,16,3031,15,0861,15,0201,12,9941,10,2551,08,2021,06,2241,04,2221,02,0271,01,568

Aban Offshore Ltd Shareholding Pattern Chart

No. of Aban Offshore Ltd Shareholders

This stock is not held by any mutual fund

Aban Offshore Ltd ROCE Trend

Aban Offshore Ltd EPS Trend

Aban Offshore Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-186.90-373.04-337.99-1537.46-903.61
Diluted EPS (Rs.)-186.90-373.04-337.99-1537.46-903.61
Cash EPS (Rs.)-178.79-348.00-304.61-1392.43-787.54
Book Value[Excl.RevalReserv]/Share (Rs.)-3820.23-3343.18-2882.34-2624.98-909.56
Book Value[Incl.RevalReserv]/Share (Rs.)-3820.23-3343.18-2882.34-2624.98-909.56
Revenue From Operations / Share (Rs.)67.97102.52183.24166.89145.34
PBDIT / Share (Rs.)-14.68-165.44-124.24-1259.67-583.44
PBIT / Share (Rs.)-22.75-190.26-157.64-1404.42-699.03
PBT / Share (Rs.)-196.87-368.88-341.39-1610.53-893.88
Net Profit / Share (Rs.)-186.86-372.82-338.02-1537.18-903.13
NP After MI And SOA / Share (Rs.)-186.88-373.01-337.96-1537.33-903.53
PBDIT Margin (%)-21.59-161.37-67.80-754.80-401.43
PBIT Margin (%)-33.47-185.58-86.03-841.54-480.96
PBT Margin (%)-289.63-359.82-186.31-965.04-615.03
Net Profit Margin (%)-274.89-363.66-184.46-921.09-621.39
NP After MI And SOA Margin (%)-274.93-363.85-184.44-921.17-621.67
Return on Capital Employeed (%)0.595.695.4953.5083.89
Return On Assets (%)-62.68-73.34-42.70-149.38-38.61
Long Term Debt / Equity (X)0.000.000.000.00-0.01
Total Debt / Equity (X)-0.670.000.000.00-0.03
Asset Turnover Ratio (%)0.160.030.040.030.02
Current Ratio (X)0.030.090.060.080.12
Quick Ratio (X)0.020.080.040.060.10
Inventory Turnover Ratio (X)0.570.010.050.130.15
Interest Coverage Ratio (X)-0.07-0.88-0.65-6.11-2.99
Interest Coverage Ratio (Post Tax) (X)-0.14-1.03-0.81-6.46-3.63
Enterprise Value (Cr.)15181.45180.87178.4988.68431.43
EV / Net Operating Revenue (X)38.270.300.160.090.50
EV / EBITDA (X)-177.18-0.18-0.24-0.01-0.12
MarketCap / Net Operating Revenue (X)0.490.440.160.080.39
Price / BV (X)-0.01-0.01-0.01-0.01-0.06
Price / Net Operating Revenue (X)0.490.440.160.080.39
EarningsYield-5.59-8.10-11.46-111.40-15.67

Aban Offshore Ltd Profitability Ratios (%)

Aban Offshore Ltd Liquidity Ratios

Aban Offshore Ltd Liquidity Ratios (%)

Aban Offshore Ltd Interest Coverage Ratios (%)

Aban Offshore Ltd Valuation Ratios

Fair Value

Fair Value: ₹9,069.84

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 14,160.75% compared to the current price ₹63.6

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: ₹3,049.50

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 4,694.82% compared to the current price ₹63.6

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: -66.38%

*Investments are subject to market risks

Strength and Weakness of Aban Offshore Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -65.75, which is a positive sign.
  2. The company has shown consistent growth in sales (243.92 cr) and profit (84.31 cr) over the years.
  1. The stock has a low average ROCE of -14.58%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 268.58, which may not be favorable.
  3. The company has higher borrowings (86.46) compared to reserves (-6,252.23), which may suggest financial risk.

FAQ

What is the latest fair value of Aban Offshore Ltd?

The latest fair value of Aban Offshore Ltd is ₹9069.84.

What is the Market Cap of Aban Offshore Ltd?

The Market Cap of Aban Offshore Ltd is 371 Cr..

What is the current Stock Price of Aban Offshore Ltd as on 20 May 2024?

The current stock price of Aban Offshore Ltd as on 20 May 2024 is 63.6.

What is the High / Low of Aban Offshore Ltd stocks in FY 2024?

In FY 2024, the High / Low of Aban Offshore Ltd stocks is ₹93.5/36.1.

What is the Stock P/E of Aban Offshore Ltd?

The Stock P/E of Aban Offshore Ltd is .

What is the Book Value of Aban Offshore Ltd?

The Book Value of Aban Offshore Ltd is 3,952.

What is the Dividend Yield of Aban Offshore Ltd?

The Dividend Yield of Aban Offshore Ltd is 0.00 %.

What is the ROCE of Aban Offshore Ltd?

The ROCE of Aban Offshore Ltd is %.

What is the ROE of Aban Offshore Ltd?

The ROE of Aban Offshore Ltd is %.

What is the Face Value of Aban Offshore Ltd?

The Face Value of Aban Offshore Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Aban Offshore Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE