Abans Holdings Ltd

Abans Holdings Ltd

₹ 267 -1.38%
26 Dec 3:30 p.m.
About

Incorporated in 2009, Abans Holdings Ltd provides various financial services including institutional broking, lending, and asset management[1]

Key Points

Business Overview:[1]
AHL 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 such as Institutional Broking, Asset Management, Financial Lending, Treasury operations and Remittance Services.

  • Market Cap 1,351 Cr.
  • Current Price 267
  • High / Low 625 / 260
  • Stock P/E
  • Book Value 25.6
  • Dividend Yield 0.00 %
  • ROCE -8.30 %
  • ROE -5.79 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Debtor days have improved from 76.1 to 27.6 days.
  • Company's working capital requirements have reduced from 695 days to 52.6 days

Cons

  • Stock is trading at 10.6 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -2.94% 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

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.15 0.50 1.07 0.48 12.21 0.64 1.23 1.04 1.13
0.02 0.08 0.12 0.27 15.63 6.84 1.46 3.63 2.27
Operating Profit 0.13 0.42 0.95 0.21 -3.42 -6.20 -0.23 -2.59 -1.14
OPM % 86.67% 84.00% 88.79% 43.75% -28.01% -968.75% -18.70% -249.04% -100.88%
0.00 0.04 0.29 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.01 0.30 0.25 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.12 0.16 0.99 0.21 -3.42 -6.20 -0.23 -2.59 -1.14
Tax % 25.00% 25.00% 13.13% -209.52% -25.15% -25.16% -26.09% -22.01% -28.07%
0.09 0.12 0.86 0.65 -2.56 -4.64 -0.17 -2.02 -0.83
EPS in Rs 0.02 0.02 0.17 0.13 -0.51 -0.93 -0.03 -0.40 -0.17
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.68 1.09 0.89 0.36 2.05 14.57 4.04
0.69 1.11 0.66 0.11 0.24 24.20 14.20
Operating Profit -0.01 -0.02 0.23 0.25 1.81 -9.63 -10.16
OPM % -1.47% -1.83% 25.84% 69.44% 88.29% -66.09% -251.49%
0.03 0.03 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.55 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.02 0.01 0.23 0.25 1.26 -9.63 -10.16
Tax % 50.00% 0.00% 34.78% 28.00% 15.08% -30.22%
0.02 0.00 0.15 0.18 1.06 -6.72 -7.66
EPS in Rs 20.00 0.00 0.03 0.04 0.21 -1.34 -1.53
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 85%
3 Years: 154%
TTM: -72%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -724%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -14%
Return on Equity
10 Years: %
5 Years: -3%
3 Years: -3%
Last Year: -6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 3.09 9.27 9.27 10.03 10.03 10.04
Reserves 9.72 6.58 0.55 0.72 101.30 110.70 118.66
14.24 8.53 8.66 9.33 0.00 0.00 0.00
0.63 1.73 0.58 0.09 0.07 0.10 0.13
Total Liabilities 24.60 19.93 19.06 19.41 111.40 120.83 128.83
0.00 0.00 18.06 0.00 0.00 0.00 97.74
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 23.83 18.06 0.00 18.06 106.10 115.38 17.46
0.77 1.87 1.00 1.35 5.30 5.45 13.63
Total Assets 24.60 19.93 19.06 19.41 111.40 120.83 128.83

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.03 0.05 0.33 -1.13 -2.25 8.75
-6.35 5.76 0.03 0.00 -88.05 -9.09
6.30 -5.78 0.12 0.67 90.95 0.00
Net Cash Flow -0.08 0.02 0.48 -0.46 0.65 -0.33

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 365.00 592.71 188.65 0.00 124.63 27.56
Inventory Days 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 365.00 592.71 188.65 0.00 124.63 27.56
Working Capital Days 75.15 40.18 -36.91 1,226.81 806.56 52.61
ROCE % 0.05% 1.25% 1.32% 2.77% -8.30%

Shareholding Pattern

Numbers in percentages

6 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.09% 72.09% 72.09% 72.09% 72.09% 72.09% 72.09% 72.02%
7.70% 11.25% 12.40% 11.72% 11.58% 11.47% 10.42% 11.07%
1.48% 1.48% 1.48% 0.00% 0.00% 0.00% 0.01% 0.01%
18.73% 15.19% 14.04% 16.19% 16.34% 16.45% 17.50% 16.88%
No. of Shareholders 39,96128,24317,76114,52413,19312,87111,45915,513

* 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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