Aban Offshore Limited

Company Profile

Aban Offshore Limited had its IPO on under the ticker symbol ABAN.

The company operates in the Energy sector and Oil & Gas Drilling industry. Aban Offshore Limited has a staff strength of 39 employees.

Stock update

Shares of Aban Offshore Limited opened at ₹48 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹42.4 - ₹48.4, and closed at ₹43.5.

This is a -9.09% slip from the previous day's closing price.

A total volume of 401,923 shares were traded at the close of the day’s session.

In the last one week, shares of Aban Offshore Limited have slipped by -9%.

Aban Offshore Limited's Key Ratios

Aban Offshore Limited has a market cap of ₹2.83 billion, indicating a price to book ratio of 0 and a price to sales ratio of 0.5601.

In the last 12-months Aban Offshore Limited’s revenue was ₹4.07 billion with a gross profit of ₹3.39 billion and an EBITDA of ₹-1150007552. The EBITDA ratio measures Aban Offshore Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Aban Offshore Limited’s operating margin was -33.79% while its return on assets stood at -2.97% with a return of equity of 0%.

In Q2, Aban Offshore Limited’s quarterly earnings growth was a positive 0% while revenue growth was a negative 22.6%.

Aban Offshore Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at ₹-211.34 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Aban Offshore Limited’s profitability.

Aban Offshore Limited stock is trading at a EV to sales ratio of 29.5336 and a EV to EBITDA ratio of -16.4875. Its price to sales ratio in the trailing 12-months stood at 0.5601.

Aban Offshore Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹17.40 billion

Total Liabilities

₹240.36 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Aban Offshore Limited ended 2024 with ₹17.40 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹17.40 billion while shareholder equity stood at ₹-222967710000.00.

Aban Offshore Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹240.36 billion in other current liabilities, 116730000.00 in common stock, ₹-223084440000.00 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹1.49 billion and cash and short-term investments were ₹2.17 billion. The company’s total short-term debt was ₹151,348,410,000 while long-term debt stood at ₹0.00.

Aban Offshore Limited’s total current assets stands at ₹7.58 billion while long-term investments were ₹0 and short-term investments were ₹684.60 million. Its net receivables were ₹3.27 billion compared to accounts payable of ₹3.92 billion and inventory worth ₹966.17 million.

In 2024, Aban Offshore Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Aban Offshore Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹43.5

52-Week High

₹62.8

52-Week Low

₹31.15

Analyst Target Price

₹

Aban Offshore Limited stock is currently trading at ₹43.5 per share. It touched a 52-week high of ₹62.8 and a 52-week low of ₹62.8. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹42.25 and 200-day moving average was ₹42.42 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 4716.4% of the company’s stock are held by insiders while 171.3% are held by institutions.