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Last Updated on: 23 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 543712 | NSE: AHL

Fundamental Analysis of Abans Holdings Ltd

Basic Stock Data

Last Updated: April 23, 2024, 1:49 pm

Market Cap 2,142 Cr.
Current Price 427
High / Low445/232
Stock P/E25.7
Book Value 175
Dividend Yield0.00 %
ROCE7.91 %
ROE8.90 %
Face Value 2.00

Data Source:

Competitors of Abans Holdings Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Max India Ltd 936 Cr. 217241/82.2 1230.00 %0.53 %1.81 % 10.0
Bajaj Finserv Ltd 2,70,364 Cr. 1,6951,742/1,29634.7 3190.05 %11.3 %14.8 % 1.00
Industry Average135,650.00 Cr956.0017.35221.000.03%5.92%8.31%5.50

Quarterly Result

MonthSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Operating Profit171525333333
OPM %7%6%4%13%9%7%
Other Income373466
Profit before tax181825242526
Tax %-5%14%11%14%6%8%
Net Profit191523212324
EPS in Rs3.722.784.193.844.264.32

Last Updated: April 10, 2024, 5:33 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 5, 2024, 2:17 pm

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Operating Profit5796819186124
OPM %1%3%6%14%7%7%
Other Income0102019
Profit before tax3842496676100
Tax %6%7%7%7%7%
Net Profit363946627091
EPS in Rs35,330.00112.899.0412.2512.9216.61
Dividend Payout %0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

YoY Net Profit Growth (%)8.33%17.95%34.78%12.90%
Change in YoY Net Profit Growth (%)0.00%9.62%16.83%-21.88%


Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:-25%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:23%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:87%
Return on Equity
10 Years:%
5 Years:%
3 Years:9%
Last Year:9%

Last Updated: April 16, 2024, 9:17 pm

Balance Sheet

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital03991010
Preference Capital00022
Other Liabilities333395352494597767
Total Liabilities1,0861,2131,1821,2101,8632,359
Fixed Assets272120201920
Other Assets1,0201,1441,1011,0931,2741,535
Total Assets1,0861,2131,1821,2101,8632,359

Reserves and Borrowings Chart

Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1261862149253
Cash from Investing Activity 1-64-4-35-462
Cash from Financing Activity 1852266-181418
Net Cash Flow59-24124-67209

Free Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow57.0096.0081.0089.0084.00

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

Abans Holdings Ltd Financial Efficiency Indicators

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days20579417678
Inventory Days6474222
Days Payable1430179728
Cash Conversion Cycle11318512172
Working Capital Days55102176319128
ROCE %11%9%10%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023
No. of Shareholders39,96128,24317,76114,52413,193

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
Basic EPS (Rs.)14.8413.379.88257.11105.22
Diluted EPS (Rs.)14.8413.379.88257.11105.22
Cash EPS (Rs.)14.1513.5310.12255.0633785.17
Book Value[Excl.RevalReserv]/Share (Rs.)158.59135.18119.161784.87415688.95
Book Value[Incl.RevalReserv]/Share (Rs.)158.59135.18119.161784.87415688.95
Revenue From Operations / Share (Rs.)229.52137.80286.009135.794378520.58
PBDIT / Share (Rs.)17.2319.8617.59463.3252392.70
PBIT / Share (Rs.)17.1019.7017.35458.9150278.88
PBT / Share (Rs.)15.1514.3010.60302.6033719.99
Net Profit / Share (Rs.)14.0213.379.88250.6631671.35
NP After MI And SOA / Share (Rs.)12.9212.279.04226.2631087.38
PBDIT Margin (%)7.5014.416.155.071.19
PBIT Margin (%)7.4514.
PBT Margin (%)6.5910.373.703.310.77
Net Profit Margin (%)6.109.703.452.740.72
NP After MI And SOA Margin (%)5.628.903.162.470.70
Return on Networth / Equity (%)9.0210.899.2215.158.39
Return on Capital Employeed (%)8.4411.789.2917.7710.35
Return On Assets (%)3.474.863.545.762.86
Long Term Debt / Equity (X)
Total Debt / Equity (X)0.610.160.580.691.03
Asset Turnover Ratio (%)0.750.
Current Ratio (X)1.902.683.482.751.70
Quick Ratio (X)1.832.533.402.681.58
Inventory Turnover Ratio (X)
Interest Coverage Ratio (X)8.933.612.602.963.16
Interest Coverage Ratio (Post Tax) (X)8.283.412.462.602.91
Enterprise Value (Cr.)1226.700.
EV / Net Operating Revenue (X)
MarketCap / Net Operating Revenue (X)0.910.
Price / BV (X)1.470.
Price / Net Operating Revenue (X)0.910.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 408.28

The stock is overvalued by 4.38% compared to the current price ₹427

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.

*Investments are subject to market risks

Strength and Weakness

  1. The stock is trading at a low valuation with an average P/B ratio of 10,158.39 and average Dividend Yield of 6.79%.
  2. The company has higher reserves (620.83 cr) compared to borrowings (0.67 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (109.00 cr) and profit (61.83 cr) over the years.
  1. The stock has a low average ROCE of 7.60%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 156.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 64.00, 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: 6.10%
      • 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: 8.44% (Industry Average ROCE: 5.92%)
      • 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%: 9.02% (Industry Average ROE: 8.31%)
      • 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): 8.28
      • 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: 1.83
      • 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: 25.7 (Industry average Stock P/E: 17.35)
      • 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: 0.61
      • 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

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.
Holding Company36, 37, 38A, 3rd Floor, 227 Nariman Bhavan, Mumbai Maharashtra
NamePosition Held
Mr. Abhishek BansalChairman & Managing Director
Mr. Nirbhay VassaWhole Time Director
Mr. Shivshankar SinghNon Executive Director
Mr. Parmod Kumar NagpalIndependent Director
Mr. Apoorva VoraIndependent Director
Ms. Ashima ChhatwalIndependent Director

Abans Holdings Ltd. Share Price Update

Share PriceValue
Previous Day₹431.90


What is the latest fair value of Abans Holdings Ltd?

The latest fair value of Abans Holdings Ltd is ₹408.28.

What is the Market Cap of Abans Holdings Ltd?

The Market Cap of Abans Holdings Ltd is 2,142 Cr..

What is the current Stock Price of Abans Holdings Ltd as on 23 April 2024?

The current stock price of Abans Holdings Ltd as on 23 April 2024 is 427.

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 ₹445/232.

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

The Stock P/E of Abans Holdings Ltd is 25.7.

What is the Book Value of Abans Holdings Ltd?

The Book Value of Abans Holdings Ltd is 175.

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 7.91 %.

What is the ROE of Abans Holdings Ltd?

The ROE of Abans Holdings Ltd is 8.90 %.

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, 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 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