Aban Offshore Ltd
Incorporated in 1986, Aban Offshore is in the business of offshore drilling services[1]
- Market Cap ₹ 260 Cr.
- Current Price ₹ 44.6
- High / Low ₹ 91.7 / 41.5
- Stock P/E 23.1
- Book Value ₹ -170
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -19.3% over past five years.
- Contingent liabilities of Rs.1,653 Cr.
- Earnings include an other income of Rs.183 Cr.
- Company has high debtors of 342 days.
* 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.
Peer comparison
Sector: Crude Oil & Natural Gas Industry: Oil Drilling / Allied Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
797 | 820 | 760 | 1,014 | 887 | 592 | 263 | 241 | 156 | 81 | 76 | 90 | 115 | |
464 | 436 | 378 | 371 | 319 | 309 | 199 | 4,872 | 334 | 86 | 178 | 277 | 184 | |
Operating Profit | 333 | 384 | 381 | 643 | 568 | 282 | 64 | -4,632 | -178 | -5 | -102 | -187 | -69 |
OPM % | 42% | 47% | 50% | 63% | 64% | 48% | 24% | -1,925% | -114% | -6% | -134% | -207% | -60% |
32 | 44 | 58 | 68 | 53 | 60 | 156 | 9 | 66 | 24 | 106 | 10 | 183 | |
Interest | 330 | 178 | 93 | 121 | 120 | 113 | 109 | 96 | 82 | 79 | 69 | 64 | 64 |
Depreciation | 49 | 42 | 81 | 150 | 154 | 161 | 154 | 161 | 61 | 41 | 38 | 39 | 39 |
Profit before tax | -14 | 208 | 266 | 440 | 347 | 68 | -43 | -4,879 | -254 | -100 | -104 | -279 | 12 |
Tax % | -12% | 13% | 28% | 34% | 39% | 87% | 61% | -9% | -9% | 5% | 11% | 1% | |
-13 | 180 | 191 | 290 | 211 | 9 | -69 | -4,457 | -231 | -106 | -115 | -283 | 11 | |
EPS in Rs | -2.90 | 41.46 | 33.00 | 49.71 | 36.18 | 1.47 | -11.88 | -763.71 | -39.63 | -18.12 | -19.70 | -48.48 | 1.92 |
Dividend Payout % | -124% | 9% | 11% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -20% |
5 Years: | -19% |
3 Years: | -17% |
TTM: | 57% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -2% |
TTM: | 104% |
Stock Price CAGR | |
---|---|
10 Years: | -21% |
5 Years: | 12% |
3 Years: | -7% |
1 Year: | -48% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 1,722 | 1,890 | 2,856 | 3,864 | 4,076 | 4,087 | 4,018 | -439 | -671 | -777 | -892 | -1,175 | -1,006 |
2,002 | 1,434 | 1,246 | 1,095 | 942 | 884 | 841 | 820 | 762 | 760 | 674 | 677 | 677 | |
486 | 606 | 610 | 941 | 872 | 900 | 956 | 801 | 855 | 854 | 891 | 930 | 787 | |
Total Liabilities | 4,219 | 3,939 | 4,724 | 5,911 | 5,902 | 5,882 | 5,827 | 1,194 | 957 | 849 | 684 | 444 | 470 |
584 | 836 | 957 | 1,954 | 1,803 | 1,684 | 1,529 | 354 | 173 | 127 | 74 | 36 | 17 | |
CWIP | 20 | 0 | 19 | 0 | 9 | 0 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 2,730 | 2,549 | 2,616 | 2,618 | 2,620 | 2,620 | 3,547 | 13 | 13 | 13 | 13 | 13 | 13 |
885 | 554 | 1,133 | 1,339 | 1,470 | 1,579 | 745 | 827 | 771 | 709 | 597 | 395 | 441 | |
Total Assets | 4,219 | 3,939 | 4,724 | 5,911 | 5,902 | 5,882 | 5,827 | 1,194 | 957 | 849 | 684 | 444 | 470 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
341 | 425 | 368 | 346 | 317 | 112 | 171 | 211 | 102 | 20 | 23 | -5 | |
786 | 379 | -276 | -44 | -23 | -52 | -935 | -139 | -70 | -1 | 59 | 4 | |
-1,107 | -776 | -143 | -294 | -301 | -52 | 793 | -21 | 5 | -7 | -83 | 1 | |
Net Cash Flow | 20 | 28 | -51 | 8 | -7 | 9 | 28 | 51 | 36 | 12 | -1 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 103 | 130 | 137 | 167 | 188 | 309 | 672 | 775 | 780 | 1,396 | 1,386 | 342 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 103 | 130 | 137 | 167 | 188 | 309 | 672 | 775 | 780 | 1,396 | 1,386 | 342 |
Working Capital Days | 90 | -122 | 169 | 120 | 206 | 172 | -869 | -1,275 | -2,400 | -1,755 | -2,294 | -2,934 |
ROCE % | 8% | 11% | 10% | 12% | 9% | 4% | 1% | -182% | -83% | -64% |
Documents
Announcements
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Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29 Of The SEBI (LODR), Regulations, 2015.
2d - Board meeting to approve Q4 financial results.
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Clarification On Price Movement
31 Jan - Clarification on price movement and disclosures made.
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Clarification sought from Aban Offshore Ltd
30 Jan - Exchange has sought clarification from Aban Offshore Ltd on January 30, 2025 with reference to significant movement in price, in order to ensure that investors …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jan - Certificate confirming compliance with SEBI regulations for Q4 2024.
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Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans
Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions
7 Jan - Disclosure of defaults on loans and debt securities.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Jul 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
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Feb 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Aug 2016TranscriptPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
Business Overview:[1][2]
AOL is the largest private player in India in the offshore drilling industry. It is a part of Aban Group and was promoted by Aban Constructions Private Limited, in collaboration with Chiles Offshore Inc, USA, an offshore drilling company in the Gulf of Mexico. Company provides offshore drilling and production services in exploration development and production of oil and gas. It owns and operates 7 offshore drilling Rigs, drill ships, and a floating production facility, 'Tahara'.