ABANEnergy

Aban Offshore Limited

Offshore Support Solution Drilling · ISIN INE421A01028 · BSE 523204 · NSE BE · FV ₹2
Last price
₹14
+0.85%today
What this company does

Aban Offshore Limited operates in Offshore Support Solution Drilling, part of the Energy sector. It booked ₹165 cr of revenue in its latest quarter (Q1 FY27) and kept 50.7% of sales as profit. It is the 4th largest of 4 Offshore Support Solution Drilling companies we track, by market value.

47out of 100
Equitytale Health Score
Mixed

Healthier than 47% of companies in Energy, on the 5 of 6 measures we could read for it. Each measure is ranked against the 5–24 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)
38

At close. Not part of the score.

Profitability & returns100

How much profit it earns on the money it employs · highest in its sector on what we could measure

Balance sheet0

How much it owes, and whether earnings cover the interest · lowest in its sector on what we could measure

Cash quality40

Whether reported profit actually arrives as cash

Growth & consistency13

Whether sales and profit have grown, and how steadily

Governance & risk69

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

Not measurable for this company: valuation. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Strong 51% net margin
✓ Sales up 44% vs last year
✓ Promoters hold 46%
Watch-outs
! 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 We do not publish price targets or predict returns.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▲ +0.85%
latest close · 2026-11-04
1-year return
-79.5%
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 ratio0.2Low
LowAverageHigh
EV / EBITDA42.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Net margin50.7%Strong
ThinDecentStrong
EBITDA margin61.6%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Current ratio0.02Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹83 cr
Book value
₹-4,839
EPS
₹14.35
latest quarter
Net debt
₹17,016 cr
owes more than its cash
Enterprise value
₹17,099 cr
EBITDA
₹407 cr
annualised
EBIT
₹364 cr
annualised
Operating margin
55.0%
Return on assets
19.1%
Earnings yield
403.09%
P/S
0.13
Sales / share
₹113.3
Tax rate
7.9%
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 2026-11-04.

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 · Q1 FY27 (consolidated)
Revenue from Operations₹165 cr
Other Income₹13 cr
Total Income₹178 cr
Cost of Materials₹4 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹12 cr
Finance Costs₹0 cr
Depreciation & Amortisation₹11 cr
Other Expenses₹60 cr
Total Expenses₹87 cr
Profit before Tax₹91 cr
Tax Expense₹7 cr
Net Profit₹84 cr
Net margin on total income47.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹4 cr2.2%
Employee benefit expense₹12 cr6.9%
Depreciation & amortisation₹11 cr6.1%
Other expenses₹60 cr33.8%
Tax expense₹7 cr4.0%
Profit for the period₹84 cr47.0%
Total income ₹178 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue91 cr99 cr165 cr
Total income100 cr109 cr178 cr
Expenses78 cr102 cr87 cr
Profit before tax22 cr7 cr91 cr
Tax-8 cr6 cr7 cr
Net profit (owners' share)30 cr2 cr84 cr
Net margin (owners' share, on revenue)32.4%1.8%50.7%
EPS (₹)5.060.3114.35
YoY (latest quarter): total income +53.4% · net profit —
Balance sheet & cash flow · as of Mar 2026
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₹614₹2,456 cr32.7
Jindal Drilling And Industries Limited₹511₹1,482 cr7.9
Alphageo (India) Limited₹239₹152 cr2.7
Aban Offshore Limitedthis company₹14₹82 cr0.2
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 · 2026-09-30
⚑ 19.4% pledged
Promoter
46.0%
FII / Foreign
0.0%
DII / Domestic
0.1%
Retail / others
54.0%
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 2026-09-30
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.