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Aban Offshore Ltd

(ABAN)

₹66.422.18%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Aban Offshore Ltd Performance

  • Day's Low

    Day's High

    ₹65.55
    ₹70
  • 52 Week's Low

    52 Week's High

    ₹48.75
    ₹93.35
1 Month Return-11.9 %
3 Month Return+ 9.55 %
1 Year Return+ 25.97 %
Previous Close₹67.90
Open₹70.00
Volume75.78K
Upper Circuit-
Lower Circuit-
Market Cap₹396.30Cr

Aban Offshore Ltd Key Statistics

P/E Ratio-0.32
PEG Ratio0.14
Market Cap₹396.30 Cr
P/B Ratio-0.25
EPS-225.79
Dividend Yield0
SectorCrude Oil & Natural Gas
ROE0

Aban Offshore Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹396.30 Cr33.68%-0.20-₹1,318 Cr₹399 Cr
NA₹1,303.93 Cr107.99%0.51NANA
NA₹999.20 Cr78.05%0.50₹2 Cr₹33 Cr
NA₹2,866.11 Cr24.16%0.59₹226 Cr₹749 Cr
NA₹3,063.04 Cr517.75%0.55₹125 Cr₹426 Cr

About Aban Offshore Ltd

Aban Offshore Limited (AOL), established in 1986, is a leading provider of world-class offshore oil field services and ISO 9001:2000 accredited. It started out with two imported jackup drilling rigs, AbanI and AbanII, for ONGC. In 1989, it received its first manning and management contract from ONGC for Sagar Uday and the company diversified by entering oil-related areas. Over the years, it added more and more services to its portfolio, resulting in an extensive range of offerings for offshore exploration and production of hydrocarbons in India and abroad. AOL also ventured into the FPSO business with the FPU Tahara, acquired from Hitech Drilling Services India Ltd, part of the Tata Group. In the year 2005, the company grew to four rigs with a drillship Frontier Ice and two jackup rigs, Aban V and Aban VI. For international expansion, AOL set up Aban Singapore Pte Ltd. (ASPL) in November of the same year, which subsequently acquired a 33.7% stake in Sinvest ASA. The company received contracts for deployment in West Coast of India and Qatar Shipping for disinvestments programme, and also set up a 3-million-tons-per-annum capacity petroleum refinery and a 2 MW wind power plant. It was registered for ISO 9001:2000 by KPMG and also took delivery of several rigs including Aban Pearl and Deep Driller 5. During 2014-15 it issued 5697135 EquityShares of Rs. 2/ each and also entered into contracts with Chevron Offshore Thailand Limited and Exxon Neftegas Limited. In 2018, Caldera Petroleum UK Ltd. became a step-down subsidiary of the company. With its vision for achievement through innovation, Aban Offshore Limited is at the forefront of the fiercely competitive business environment with its world-class services and skilled team of professionals.

Share Price: ₹66.42 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹396.30Cr as of today
Revenue: ₹128.43Cr as on June 2024 (Q2 24)
Net Profit: ₹-237.65Cr as on June 2024 (Q2 24)
Listing date: 13 Jan, 1995
Chairperson Name: Pejavar Murari
OrganisationAban Offshore Ltd
Headquarters
IndustryCrude Oil & Natural Gas
E-voting on sharesClick here to vote

Key events for Aban Offshore Ltd

  • Aban Offshore Q1 Results Show Improvement - 07 Aug, 2024

    Aban Offshore reported Q1 results with a 22.82% increase in topline and a 28.68% reduction in losses YoY. Despite a 6.57% revenue decline from the previous quarter, operating income surged by 127.22% QoQ. The company has delivered a 2% return in the last week and a 23.44% YTD return, with a current market cap of ₹377.16 Cr.

Insights on Aban Offshore Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -340.14 Cr → -237.67 Cr (in ₹), with an average increase of 43.1% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ABAN has outperformed top 5 stocks with highest market-cap in Oil & Gas Drilling

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 75.03 Cr → 153.36 Cr (in ₹), with an average increase of 20.4% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.08% to 0.12% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 46.00% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Drilling & Industries Ltd has given 322.9% return, outperforming this stock by 309.4%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, ABAN stock has moved down by -11.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 52.20% to 52.17% in Sep 2024 quarter

Aban Offshore Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹104.57Cr (-)₹63.34Cr (↓39.43%)₹94.29Cr (↑48.86%)₹137.47Cr (↑45.79%)₹128.43Cr (↓6.58%)
Net Income-₹333.25Cr (-)-₹317.71Cr (↓4.66%)-₹326.52Cr (↑2.77%)-₹338.84Cr (↑3.77%)-₹237.65Cr (↓29.86%)
Net Profit Margin-318.69% (-)-501.59% (↑57.39%)-346.29% (↓30.96%)-246.48% (↓28.82%)-185.04% (↓24.93%)
Value in ₹ crore
Details2021202220232024
Total Assets₹956.87Cr (-)₹848.96Cr (↓11.28%)₹683.99Cr (↓19.43%)₹443.94Cr (↓35.10%)
Total Liabilities₹1,616.36Cr (-)₹1,613.83Cr (↓0.16%)₹1,564.61Cr (↓3.05%)₹1,607.58Cr (↑2.75%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹210.77Cr (-)₹101.53Cr (↓51.83%)₹19.72Cr (↓80.58%)₹23.10Cr (↑17.14%)-₹4.54Cr (↓119.65%)
0

Aban Offshore Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
46%
0.00
Foreign Institutions
0.12%
41.81
Mutual Funds
0%
0.00
Retail Investors
52.17%
-0.07
Others
1.71%
0.00

Aban Offshore Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)-1537.33-337.96-373.01-186.88-225.79
Details20202021202220232024
Return On Assets %-751.6-206.14-256.44-159.47-296.85
Details20202021202220232024
Book Value Per Share (₹)-2624.98-2882.34-3343.18-3820.23-4090.11

Aban Offshore Ltd Valuation

Aban Offshore Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-1.17x)

January 25, 2018

Today (-0.32x)

October 18, 2024

Industry (9.35x)

October 18, 2024

Highest (-0.01x)

March 31, 2020

LowHigh

Aban Offshore Ltd Earnings and Dividends

  • Aban Offshore Ltd Earnings Results

    Aban Offshore Ltd’s net profit jumped 28.68% since last year same period to ₹-237.67Cr in the Q1 2024-2025. On a quarterly growth basis, Aban Offshore Ltd has generated 30.13% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Aban Offshore Ltd Dividends May,2015

    In the quarter ending March 2015, Aban Offshore Ltd has declared dividend of ₹3.60 - translating a dividend yield of 5.42%.

    Read More about Dividends

Aban Offshore Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Aban Offshore Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Aban Offshore Ltd (ABAN) share price today is ₹66.42

Aban Offshore Ltd is listed on NSE

Aban Offshore Ltd is listed on BSE

  • Today’s highest price of Aban Offshore Ltd is ₹70.
  • Today’s lowest price of Aban Offshore Ltd is ₹65.55.

PE Ratio of Aban Offshore Ltd is -0.32

PE ratio = Aban Offshore Ltd Market price per share / Aban Offshore Ltd Earnings per share

Today’s traded volume of Aban Offshore Ltd(ABAN) is 75.78K.

Today’s market capitalisation of Aban Offshore Ltd(ABAN) is ₹396.3Cr.

Aban Offshore Ltd(ABANPrice
52 Week High
₹93.35
52 Week Low
₹48.75

Aban Offshore Ltd(ABAN) share price is ₹66.42. It is down -28.85% from its 52 Week High price of ₹93.35

Aban Offshore Ltd(ABAN) share price is ₹66.42. It is up 36.25% from its 52 Week Low price of ₹48.75

Aban Offshore Ltd(ABANReturns
1 Day Returns
-1.48%
1 Month Returns
-11.9%
3 Month Returns
9.55%
1 Year Returns
25.97%