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Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 543712 | NSE: AHL

Abans Holdings Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 6:32 pm

Market Cap 1,860 Cr.
Current Price 368
High / Low625/260
Stock P/E21.0
Book Value 199
Dividend Yield0.00 %
ROCE9.23 %
ROE9.30 %
Face Value 2.00
PEG Ratio1.58

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Abans Holdings Ltd

Competitors of Abans Holdings Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Choice International Ltd 10,503 Cr. 527540/21568.5 31.20.00 %25.0 %23.8 % 10.0
Abans Holdings Ltd 1,860 Cr. 368625/26021.0 1990.00 %9.23 %9.30 % 2.00
Max India Ltd 1,054 Cr. 244338/134 1030.00 %7.69 %10.7 % 10.0
BF Investment Ltd 2,736 Cr. 727829/4935.19 2,1190.00 %10.6 %7.96 % 5.00
Bajaj Holdings & Investment Ltd 1,20,751 Cr. 10,85011,350/7,21016.3 5,3751.21 %13.1 %14.8 % 10.0
Industry Average66,454.17 Cr2,392.6728.361,375.870.21%12.89%13.64%6.33

All Competitor Stocks of Abans Holdings Ltd

Quarterly Result

MonthSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales252259572252359506252296
Expenses235244545218327468215252
Operating Profit1715273333383744
OPM %7%6%5%13%9%8%15%15%
Other Income37146100
Interest2521314131215
Depreciation00000000
Profit before tax1818252425262529
Tax %-5%14%11%14%6%8%16%16%
Net Profit1915232123242124
EPS in Rs3.722.784.193.844.264.323.894.43

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales4,3772,7711,3316451,1631,3801,414
Expenses4,3212,6751,2505541,0781,2281,262
Operating Profit5796819186152152
OPM %1%3%6%14%7%11%11%
Other Income0102008
Interest17533126105254
Depreciation2111111
Profit before tax3842496676100105
Tax %6%7%7%7%7%11%
Net Profit36394662708993
EPS in Rs35,330.00112.899.0412.2512.9216.3016.90
Dividend Payout %0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)8.33%17.95%34.78%12.90%27.14%
Change in YoY Net Profit Growth (%)0.00%9.62%16.83%-21.88%14.24%

Abans Holdings Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2019-2020 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:-21%
3 Years:1%
TTM:17%
Compounded Profit Growth
10 Years:%
5 Years:18%
3 Years:25%
TTM:17%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:11%
Return on Equity
10 Years:%
5 Years:9%
3 Years:9%
Last Year:9%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:30 pm

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital0.01399101010
Reserves370497553622817921991
Borrowings384319268864419291,024
Other Liabilities3333953524935951,0371,240
Total Liabilities1,0861,2131,1821,2101,8632,8973,264
Fixed Assets27212020192122
CWIP0000000
Investments394760975701,0071,202
Other Assets1,0201,1441,1011,0931,2741,8702,040
Total Assets1,0861,2131,1821,2101,8632,8973,264

Reserves and Borrowings Chart

Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-126186214921145
Cash from Investing Activity +1-64-4-35-466-446
Cash from Financing Activity +1852266-181418403
Net Cash Flow59-24124-671631

Free Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-327.00-223.00-187.005.00-355.00-777.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days2057941767858
Inventory Days647422218
Days Payable143017972846
Cash Conversion Cycle1131851217230
Working Capital Days55102176319128165
ROCE %11%9%10%8%9%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters72.09%72.09%72.09%72.09%71.94%72.09%72.09%
FIIs7.70%11.25%12.40%11.72%11.58%11.47%10.42%
DIIs1.48%1.48%1.48%0.00%0.00%0.00%0.01%
Public18.73%15.19%14.04%16.19%16.48%16.45%17.50%
No. of Shareholders39,96128,24317,76114,52413,19312,87111,459

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.0010.00
Basic EPS (Rs.)17.7414.8413.379.88257.11
Diluted EPS (Rs.)17.7414.8413.379.88257.11
Cash EPS (Rs.)17.9214.1513.5310.12255.06
Book Value[Excl.RevalReserv]/Share (Rs.)180.18158.59135.18119.161784.87
Book Value[Incl.RevalReserv]/Share (Rs.)180.18158.59135.18119.161784.87
Revenue From Operations / Share (Rs.)274.87229.52137.80286.009135.79
PBDIT / Share (Rs.)30.3117.2319.8617.59463.32
PBIT / Share (Rs.)30.1917.1019.7017.35458.91
PBT / Share (Rs.)19.9415.1514.3010.60302.60
Net Profit / Share (Rs.)17.8014.0213.379.88250.66
NP After MI And SOA / Share (Rs.)16.3012.9212.279.04226.26
PBDIT Margin (%)11.027.5014.416.155.07
PBIT Margin (%)10.987.4514.296.065.02
PBT Margin (%)7.256.5910.373.703.31
Net Profit Margin (%)6.476.109.703.452.74
NP After MI And SOA Margin (%)5.935.628.903.162.47
Return on Networth / Equity (%)9.959.0210.899.2215.15
Return on Capital Employeed (%)12.418.4411.789.2917.77
Return On Assets (%)2.823.474.863.545.76
Long Term Debt / Equity (X)0.240.140.060.430.41
Total Debt / Equity (X)1.130.610.160.580.69
Asset Turnover Ratio (%)0.570.750.000.000.00
Current Ratio (X)1.601.902.683.482.75
Quick Ratio (X)1.571.832.533.402.68
Inventory Turnover Ratio (X)19.5217.280.000.000.00
Interest Coverage Ratio (X)2.968.933.612.602.96
Interest Coverage Ratio (Post Tax) (X)2.748.283.412.462.60
Enterprise Value (Cr.)2060.891226.700.000.000.00
EV / Net Operating Revenue (X)1.501.070.000.000.00
EV / EBITDA (X)13.5614.190.000.000.00
MarketCap / Net Operating Revenue (X)0.970.910.000.000.00
Price / BV (X)1.631.470.000.000.00
Price / Net Operating Revenue (X)0.970.910.000.000.00
EarningsYield0.060.060.000.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Abans Holdings Ltd as of November 17, 2024 is: 396.42

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.

As of November 17, 2024, Abans Holdings Ltd is Undervalued by 7.72% compared to the current share price 368.00

Intrinsic Value of Abans Holdings Ltd as of November 17, 2024 is: 449.26

Calculation basis:

  • Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 17, 2024, Abans Holdings Ltd is Undervalued by 22.08% compared to the current share price 368.00

Last 5 Year EPS CAGR: 13.33%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (681.57 cr) compared to borrowings (493.00 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (93.57 cr) and profit (68.00 cr) over the years.
  1. The stock has a low average ROCE of 7.83%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 157.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 58.33, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Abans Holdings Ltd:
    1. Net Profit Margin: 6.47%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 12.41% (Industry Average ROCE: 12.89%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 9.95% (Industry Average ROE: 13.64%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.74
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.57
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 21 (Industry average Stock P/E: 23.63)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.13
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Abans Holdings Ltd. is a Public Limited Listed company incorporated on 24/09/2009 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is U74900MH2009PLC231660 and registration number is 231660. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 1.09 Cr. and Equity Capital is Rs. 3.09 Cr. for the Year ended 31/03/2020.
INDUSTRYADDRESSCONTACT
Holding Company36, 37, 38A, 3rd Floor, Mumbai Maharashtra 400021compliance@abansholdings.com
http://www.abansholdings.com
Management
NamePosition Held
Mr. Abhishek BansalChairman & Managing Director
Mr. Nirbhay VassaWholeTime Director & CFO
Mr. Chintan MehtaWholeTime Director & CEO
Mr. Parmod Kumar NagpalIndependent Director
Mr. Apoorva VoraIndependent Director
Ms. Ashima ChhatwalIndependent Director
Mr. Kumud Chandra Paricha PatnaikIndependent Director
Mr. Naresh TejwaniNon Executive Director

FAQ

What is the latest intrinsic value of Abans Holdings Ltd?

The latest intrinsic value of Abans Holdings Ltd as on 17 November 2024 is ₹396.42, which is 7.72% higher than the current market price of ₹368.00.

What is the Market Cap of Abans Holdings Ltd?

The Market Cap of Abans Holdings Ltd is 1,860 Cr..

What is the current Stock Price of Abans Holdings Ltd as on 17 November 2024?

The current stock price of Abans Holdings Ltd as on 17 November 2024 is ₹368.

What is the High / Low of Abans Holdings Ltd stocks in FY 2024?

In FY 2024, the High / Low of Abans Holdings Ltd stocks is 625/260.

What is the Stock P/E of Abans Holdings Ltd?

The Stock P/E of Abans Holdings Ltd is 21.0.

What is the Book Value of Abans Holdings Ltd?

The Book Value of Abans Holdings Ltd is 199.

What is the Dividend Yield of Abans Holdings Ltd?

The Dividend Yield of Abans Holdings Ltd is 0.00 %.

What is the ROCE of Abans Holdings Ltd?

The ROCE of Abans Holdings Ltd is 9.23 %.

What is the ROE of Abans Holdings Ltd?

The ROE of Abans Holdings Ltd is 9.30 %.

What is the Face Value of Abans Holdings Ltd?

The Face Value of Abans Holdings 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 Abans Holdings 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