Abans Holdings Ltd

Abans Holdings Ltd

₹ 379 5.14%
22 Nov - close price
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 1,914 Cr.
  • Current Price 379
  • High / Low 625 / 260
  • Stock P/E 21.6
  • Book Value 199
  • Dividend Yield 0.00 %
  • ROCE 9.23 %
  • ROE 9.30 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 18.3% CAGR over last 5 years
  • Debtor days have improved from 104 to 58.5 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -20.6% over past five years.
  • Company has a low return on equity of 9.21% 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
252 259 572 252 365 506 252 296 641
235 244 545 218 327 468 215 252 595
Operating Profit 17 15 27 33 39 38 37 44 46
OPM % 7% 6% 5% 13% 11% 8% 15% 15% 7%
3 7 1 4 0 1 0 0 1
Interest 2 5 2 13 14 13 12 15 12
Depreciation 0 0 0 0 0 0 0 0 0
Profit before tax 18 18 25 24 25 26 25 29 35
Tax % -5% 14% 11% 14% 6% 8% 16% 16% 22%
19 15 23 21 23 24 21 24 27
EPS in Rs 3.72 2.78 4.19 3.84 4.26 4.32 3.89 4.43 5.06
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
4,377 2,771 1,331 645 1,163 1,380 1,696
4,321 2,675 1,250 554 1,078 1,228 1,530
Operating Profit 57 96 81 91 86 152 165
OPM % 1% 3% 6% 14% 7% 11% 10%
0 1 0 2 0 0 2
Interest 17 53 31 26 10 52 51
Depreciation 2 1 1 1 1 1 1
Profit before tax 38 42 49 66 76 100 115
Tax % 6% 7% 7% 7% 7% 11%
36 39 46 62 70 89 97
EPS in Rs 35,330.00 112.89 9.04 12.25 12.92 16.30 17.70
Dividend Payout % 0% 0% 0% 0% 0% 0%
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: 10%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 9%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 3 9 9 10 10 10
Reserves 370 497 553 622 817 921 991
384 319 268 86 441 929 1,024
333 395 352 493 595 1,037 1,240
Total Liabilities 1,086 1,213 1,182 1,210 1,863 2,897 3,264
27 21 20 20 19 21 22
CWIP 0 0 0 0 0 0 0
Investments 39 47 60 97 570 1,007 1,202
1,020 1,144 1,101 1,093 1,274 1,870 2,040
Total Assets 1,086 1,213 1,182 1,210 1,863 2,897 3,264

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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

Shareholding Pattern

Numbers in percentages

12 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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