ABANEnergy

Aban Offshore Limited

Offshore Support Solution Drilling · ISIN INE421A01028 · BSE 523204 · NSE BE · FV ₹2
Last price
₹14
-1.92%today
What this company does

Aban Offshore Limited operates in Offshore Support Solution Drilling, part of the Energy sector. It booked ₹99 cr of revenue in its latest quarter (Q4 FY26) and kept 1.8% of sales as profit. It is the 4th largest of 4 Offshore Support Solution Drilling companies we track, by market value.

41out of 100
Equitytale Health Score
Strained

Healthier than 41% of companies in Energy, on all six measures of filed financials. Each measure is ranked against the 5–26 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns12

How much profit it earns on the money it employs

Balance sheet77

How much it owes, and whether earnings cover the interest

Cash quality40

Whether reported profit actually arrives as cash

Growth & consistency13

Whether sales and profit have grown, and how steadily

Valuation50

What today's price implies, against our models or its peers

Governance & risk69

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 46%
Virtually debt-free
Watch-outs
! Thin 1.8% net margin
! Sales down 14% vs last year
! 19.4% of promoter stake pledged
! Operating cash flow is negative

What if I invest in ABAN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹14 -1.92%
latest close · 2026-09-17
1-year return
-65.3%
52-wk low ₹1452-wk high ₹75
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.5Low
LowAverageHigh
EV / EBITDA146.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Net margin1.8%Thin
ThinDecentStrong
EBITDA margin29.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Current ratio0.02Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹84 cr
Book value
₹-4,839
EPS
₹0.31
latest quarter
Net debt
₹17,016 cr
owes more than its cash
Enterprise value
₹17,100 cr
EBITDA
₹117 cr
annualised
EBIT
₹26 cr
annualised
Operating margin
6.7%
Return on assets
0.4%
Earnings yield
8.66%
P/S
0.21
Sales / share
₹67.9
Tax rate
84.6%
Face value
₹2
Shares
5.8 cr
Working capital
₹-29,410 cr
Current assets
₹586 cr
Current liabilities
₹29,995 cr
Delivery %
43.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q4 FY26 (consolidated)
Revenue from Operations₹99 cr
Other Income₹10 cr
Total Income₹109 cr
Cost of Materials₹10 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹17 cr
Finance Costs₹0 cr
Depreciation & Amortisation₹23 cr
Other Expenses₹52 cr
Total Expenses₹102 cr
Exceptional Items₹-69.6 L
Profit before Tax₹7 cr
Tax Expense₹6 cr
Share of JV / Associates₹78.6 L
Net Profit₹2 cr
Net margin on total income1.7%
Where the money goes · Q4 FY26
% of total income
Materials + stock-in-trade₹10 cr9.1%
Employee benefit expense₹17 cr15.7%
Depreciation & amortisation₹23 cr20.7%
Other expenses₹52 cr47.7%
Tax expense₹6 cr5.1%
Profit for the period₹2 cr1.7%
Total income ₹109 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ2 FY26Q3 FY26Q4 FY26
Revenue105 cr91 cr99 cr
Total income108 cr100 cr109 cr
Expenses401 cr78 cr102 cr
Profit before tax-293 cr22 cr7 cr
Tax14 cr-8 cr6 cr
Net profit (owners' share)-307 cr30 cr2 cr
Net margin (owners' share, on revenue)-293.4%32.4%1.8%
EPS (₹)-52.685.060.31
YoY (latest quarter): total income -9.7% · net profit
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,756 cr
Shareholder equity
₹-28,241 cr
parent shareholders
Total debt
₹17,084 cr
Cash
₹68 cr
Cash flow · H1 FY26
Operating
₹-49 cr
Investing
₹1.4 L
Financing
₹-77.1 L
Peer comparison
Offshore Support Solution Drilling · by market value
CompanyPriceMarket capP/E
Dolphin Offshore Enterprises (India) Limited₹674₹2,695 cr45.5
Jindal Drilling And Industries Limited₹583₹1,689 cr9.0
Alphageo (India) Limited₹295₹188 cr3.3
Aban Offshore Limitedthis company₹14₹84 cr11.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹3.6
ex 14 Sep 2015
ActionDetailEx-date
Dividend₹3.6 / share14 Sep 2015
Dividend₹3.6 / share10 Sep 2014
Dividend₹3.6 / share11 Sep 2013
Dividend₹3.6 / share12 Sep 2012
Who owns it · 2026-06-30
19.4% pledged
Promoter
46.0%
FII / Foreign
0.0%
DII / Domestic
0.1%
Retail / others
53.9%
Smart-money activity
Insider trades
SoldShema Renny Abraham · Promoter Group20,000 · ₹37.1 L19 Jul 17
SoldShema Renny Abraham · Promoter Group30,000 · ₹56.6 L29 Jun 17
SoldShema Renny · Promoters25,000 · ₹57.4 L12 Apr 17
Bulk / block deals
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE8.72 L @ ₹62.7720 Oct 23
SoldGRAVITON RESEARCH CAPITAL LLP · NSE8.72 L @ ₹63.0220 Oct 23
SoldGRAVITON RESEARCH CAPITAL LLP · NSE5.74 L @ ₹57.9619 Oct 23
Stake changes
SoldShema Renny Abraham · promoter→ 0.62% · 30,00029 Jun 17
SoldShema Renny Abraham · promoter→ 0.67% · 25,00012 Apr 17
SoldShema Renny Abraham · promoter→ 0.71% · 45,00017 Feb 17
Promoter pledges
ReleasedIFCI Limited6.00 L · 7.88% held20 Feb 18
ReleasedMerlln Holdings (P) Ltd10.45 L · 9.67% held30 Jan 17
ReleasedMerlln Holdings (P) Ltd10.45 L · 9.67% held30 Jan 17
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 46.0% between them · as of 2026-06-30
INDIA OFFSHORE INC14.27%
ABAN INVESTMENTS PRIVATE LIMITED9.69%
REJI ABRAHAM9.64%
DEEPA REJI ABRAHAM6.92%
SALEY ABRAHAM3.70%
ABAN VENTURES PRIVATE LIMITED1.78%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.