ABSMARINE

ABS Marine Services Limited

Listed company · ISIN INE0QRV01016 · NSE SM · FV ₹10
Last price
₹331
-4.41%today
What this company does

ABS Marine Services Limited is a listed company. It booked ₹183 cr of revenue in its latest half year (H2 FY26) and kept 27.3% of sales as profit.

68out of 100
Equitytale Health Score
Solid

Healthier than 68% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,334–2,885 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)
69

At close. Not part of the score.

Profitability & returns84

How much profit it earns on the money it employs

Balance sheet27

How much it owes, and whether earnings cover the interest

Cash quality77

Whether reported profit actually arrives as cash

Valuation67

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

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

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Strong 27% net margin
✓ Promoters hold 64%
✓ No promoter shares pledged
✓ Strong 35% return on equity
Watch-outs
! Carries high debt (D/E 1.3)

What if I invest in ABSMARINE?

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 We do not publish price targets or predict returns.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 half year + price
₹331▼ -4.41%
latest close · 2026-10-01
52-wk low ₹21352 sessions so far52-wk high ₹360
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 ratio8.3Low
LowAverageHigh
P/B ratio2.83Moderate
Below bookModerateHigh
EV / EBITDA8.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity34.8%Strong
WeakFairStrong ▸15%
Return on capital21.9%Strong
WeakFairStrong
Net margin27.3%Strong
ThinDecentStrong
EBITDA margin39.2%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.32High
LowModerateHigh ▸1
Interest cover4.0×Okay
RiskyOkayStrong ▸5×
Current ratio1.92Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹812 cr
Book value
₹117
EPS
₹19.96
latest half year
Net debt
₹329 cr
owes more than its cash
Enterprise value
₹1,141 cr
EBITDA
₹143 cr
annualised
EBIT
₹143 cr
annualised
Operating margin
39.2%
Return on assets
13.5%
Earnings yield
12.07%
P/S
2.22
Sales / share
₹149.2
Tax rate
7.9%
Face value
₹10
Shares
2.5 cr
Working capital
₹81 cr
Current assets
₹168 cr
Current liabilities
₹88 cr
Delivery %
70.0%
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 half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹286–₹286, midpoint ₹286

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 · H2 FY26 (consolidated)
Revenue from Operations₹183 cr
Other Income₹2.1 L
Total Income₹183 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹6 cr
Finance Costs₹18 cr
Other Expenses₹83 cr
Total Expenses₹129 cr
Profit before Tax₹54 cr
Tax Expense₹4 cr
Net Profit₹50 cr
Net margin on total income27.3%
Where the money goes · H2 FY26
% of total income
Employee benefit expense₹6 cr3.1%
Finance costs₹18 cr9.8%
Other expenses₹106 cr57.6%
Tax expense₹4 cr2.3%
Profit for the period₹50 cr27.2%
Total income ₹183 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue136 cr183 cr
Total income140 cr183 cr
Expenses107 cr129 cr
Profit before tax33 cr54 cr
Tax1 cr4 cr
Net profit (owners' share)31 cr50 cr
Net margin (owners' share, on revenue)23.0%27.3%
EPS (₹)12.6219.96
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹742 cr
Shareholder equity
₹287 cr
parent shareholders
Total debt
₹377 cr
Cash
₹48 cr
Who owns it · 2026-03-31
No pledge
Promoter
64.0%
FII / Foreign
0.1%
DII / Domestic
0.4%
Retail / others
35.5%
Promoter stake up 0.5% over the last 4 quarters.
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 16 Sep 2026
See the official result
1
To receive, consider and adopt the Standalone & Consolidated Financial Statements of the Company for the year ended March 31, 2026 together with the Directors’ Report and the Auditors’ Report thereon
Backed by 99% of shareholders other than promotersneeded 50%
63,500 votes for, 500 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Ms. Shreelatha Narayanan (DIN: 00337226) who retires by rotation and being eligible, offers herself for reappointment.
Promoters had a personal stake in this
Backed by 83% of shareholders other than promotersneeded 50%
53,000 votes for, 11,000 against · 21% of mutual funds and other big investors said no
3
Approval of Related Party Transactions with Oceandeep Energies Private Limited
Promoters had a personal stake in this
Backed by 84% of shareholders other than promotersneeded 50%
53,500 votes for, 10,500 against · 0% of mutual funds and other big investors said no
4
Approval of Related Party Transactions with Epsom Shipping India Private Limited
Promoters had a personal stake in this
Backed by 84% of shareholders other than promotersneeded 50%
53,500 votes for, 10,500 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

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 — 19 named members
owning 64.0% between them · as of 2026-03-31
P B NARAYANAN36.66%
SHREELATHA NARAYANAN22.00%
SANJEEVAN JEEVAN KRISHNAN2.28%
ARATHI NARAYANAN2.20%
Oceandeep Energies Private Limited0.46%
ADHVIK KRISHNAN0.18%
ADRIKA KRISHNAN0.18%
ABS Marine Singapore Pte Ltdno shares
Business done with them
FY2025 · 5 of the group
The company paid ₹55 cr to companies in the promoter group last year — about 30.6% of its ₹180 cr revenue.
Oceandeep Energies Private Limited
Other payments to them · As Per Notes
also owns 0.46% of the company
₹55 cr
company paid
Oceandeep Energies Private Limited
Advances Given During Year · As Per Notes
also owns 0.46% of the company
₹46 cr
company received
Oceandeep Energies Private Limited
Advances Taken During Year · As Per Notes
also owns 0.46% of the company
₹5 cr
company received
Arathi Narayanan
Reimbursement Of Expenses Incurred By Related Party During Year · As Per Notes
also owns 2.20% of the company
₹4.2 L
company received
Shreelatha Narayanan
Other payments to them · As Per Notes
also owns 22.00% of the company
₹3.9 L
company paid
Arathi Narayanan
Other payments to them · As Per Notes
also owns 2.20% of the company
₹2.1 L
company paid
P.B.Narayanan
Other payments to them · As Per Notes
also owns 36.66% of the company
₹1.8 L
company paid
Aqua Omega Services Private limited
Reimbursement Of Expenses Incurred By Related Party During Year · As Per Notes
₹0.87 L
company received
P.B.Narayanan
Advances Taken During Year · As Per Notes
also owns 36.66% of the company
₹0.18 L
company received

The company also transacted with 1 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

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.