Investment Ratings
As per analysts rating in the last 6 months, the recommendation is to HOLD Aban Offshore
-
Master Rating:
-
Aban Offshore (Nse) has an operating revenue of Rs. 812.38 Cr. on a trailing 12-month basis. An annual revenue growth of 31% is outstanding, Pre-tax margin of -186% needs improvement, The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and around 6% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -11% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 13 which is a POOR score indicating inconsistency in earnings, a RS Rating of 51 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 97 indicates it belongs to a poor industry group of Oil&Gas-Drilling and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Aban Offshore Ltd Forecast
Price Estimates
Eps And Sales Estimates
Aban Offshore Ltd Synopsis
NSE-Oil&Gas-Drilling
Aban Offshore belongs to the Industry of Oil Drilling And Exploration. Company’s Total Operating Revenue is Rs. 155.93 Cr. and Equity Capital is Rs. 11.67 Cr. for the Year ended 31/03/2021. Aban Offshore Ltd. is a Public Limited Listed company incorporated on 25/09/1986 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L01119TN1986PLC013473 and registration number is 013473.-
Market Cap
INR 270.52 Cr
-
Sales
INR 63.89 Cr
-
Shares in Float
3.15 Cr
-
No of Funds
7 K
-
Yield
%
-
Book Value
0.03
-
U/D Vol Ratio
2.4
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LTDebt/Equity
%
-
Alpha
0.12
-
Beta
1.06
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 46% | 46% | 46% |
| Mutual Funds | 0% | 0% | 0% |
| Insurance Companies | 0.15% | 0.15% | 0.15% |
| Foreign Portfolio Investors | 0.09% | 0.08% | 0.08% |
| Financial Institutions/ Banks | 1.71% | 1.71% | 2.19% |
| Individual Investors | 45.59% | 45.47% | 45.08% |
| Others | 6.46% | 6.59% | 6.5% |
| Name | Designation |
|---|---|
| Mr. P Murari | Chairman |
| Mr. Reji Abraham | Managing Director |
| Mr. C P Gopalkrishnan | Dy.Managing Director & CFO |
| Ms. Deepa Reji Abraham | Director |
| Ms. Subhashini Chandran | Director |
| Mr. K Bharathan | Director |
| Mr. Ashok Kumar Rout | Director |
| Mr. P Venkateswaran | Director |
Aban Offshore Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 20.875 | 20.269 | 13.125 | 9.619 | 52.932 |
| Operating Expenses Qtr Cr | 10.096 | 15.656 | 266.917 | 18.283 | 22.335 |
| Operating Profit Qtr Cr | 10.779 | 4.613 | -253.792 | -8.664 | 30.597 |
| Depreciation Qtr Cr | 10.188 | 10.051 | 15.275 | 14.969 | 15.245 |
| Interest Qtr Cr | 19.877 | 19.91 | 15.339 | 21.962 | 22.029 |
| Tax Qtr Cr | 2.414 | 2.37 | -28.668 | 1.536 | 3.118 |
| Net Profit Qtr Cr | -19.355 | -15.669 | -199.169 | -44.956 | -5.742 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 189.041 | 250.412 | 418.779 | 651.653 | 939.78 |
| Operating Expenses Annual Cr | 334.037 | 4872.653 | 199.014 | 309.298 | 319.138 |
| Operating Profit Annual in Cr | -178.105 | -4632.115 | 63.879 | 282.227 | 567.717 |
| Depreciation Cr | 60.791 | 160.717 | 154.259 | 161.172 | 153.794 |
| Interest Annual Cr | 81.511 | 95.852 | 108.612 | 113.314 | 119.615 |
| Tax Annual Cr | -22.732 | -421.424 | 26.209 | 59.299 | 136.089 |
| Net Profit Annual Cr | -231.302 | -4457.386 | -69.315 | 8.57 | 211.144 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 101.528 | 210.773 | 170.71 | 112.319 | 317.174 |
| Cash from Investing Activity Annual Cr | -70.52 | -131.804 | -935.473 | -51.905 | -23.401 |
| Cash from Financing Annual Activity Cr | 5.017 | -20.652 | 793.136 | -51.503 | -300.802 |
| Net Cash Flow Annual Cr | 36.025 | 58.317 | 28.373 | 8.911 | -7.029 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | -659.488 | -427.444 | 4029.502 | 4098.481 | 4087.984 |
| Fixed Assets Annual Cr | 172.935 | 354.322 | 1534.674 | 1683.822 | 1811.941 |
| Total Non Current Assets Annual Cr | 298.876 | 458.026 | 5132.66 | 4347.358 | 4475.69 |
| Total Current Assets Annual Cr | 657.986 | 731.368 | 694.151 | 1534.951 | 1425.894 |
| Total Assets Annual Cr | 956.862 | 1189.394 | 5826.811 | 5882.309 | 5901.584 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | -112.9936 | -73.2362 | 690.3968 | 702.2154 | 700.417 |
| ROE Annual % | 0 | 0 | -1.72 | 0.2 | 5.16 |
| ROCE Annual % | 31.25 | 1120.43 | 1.48 | 4.02 | 9.63 |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | -92.98 | -1921.62 | 83.59 | 57.87 | 69.98 |
Aban Offshore Ltd Technicals
EMA & SMA
CURRENT PRICE
46.2 
(1.99)
-
- Bullish Moving Averages 4
- Bearish Moving Averages 12
EMA
-
20 Day
50.67
-
50 Day
51.36
-
100 Day
48.56
-
200 Day
42.51
Aban Offshore Ltd Resistance and support
45.65 PIVOT
-
First Resistance
46.4
-
Second Resistance
47.5
-
Third Resistance
48.25
-
First Support
44.55
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Second Support
43.8
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Third Support
42.7
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RSI
34.97
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MFI
32.13
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MACD
-2.39
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MACD signal line
-1.47
Aban Offshore Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 69,482 | 6,948,200 | 100% |
| Week | 74,720 | 7,471,980 | 100% |
| 1 Month | 87,856 | 8,785,645 | 100% |
| 6 Month | 340,643 | 18,783,042 | 55.14% |
Aban Offshore Ltd Price change analysis
-8.75
Over 1 month
Low High 44.6 58.7
3.2
Over 3 month
Low High 40 74.9
7.25
Over 6 months
Low High 37 74.9
17
Over Year
Low High 26.3 74.9Similar Stocks
| Company Name | 52 Week () |
Market Price () | Volume |
|---|---|---|---|
| Selan Explorations Technology Ltd | 180.05 | 135.85 (5.07%) | 1675 |
| Oil & Natural Gas Corpn Ltd | 172.80 | 145.80 (1.29%) | 409749 |
| Oil India Ltd | 267.70 | 215.85 (-1.42%) | 47298 |
| Hindustan Oil Exploration Company Ltd | 222.10 | 165.40 (2.89%) | 36991 |
News
Aban Offshore share price hits upper circuit after subsidiar
Aban Offshore said in an exchange filing that its step-down subsidiary Aban Singapore PTE had received a letter of award (LoA) from Oil Natu Read More
ABAN OFFSHORE LTD. - 523204 - Announcement under Regulation
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SALE OF RIGS ABAN V, ABAN VI , ABAN VII AND DRILLSHIP ABAN ABRAHAM Read More
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SALE OF JACK-UP RIG DEEP DRILLER 3 Read More
ABAN OFFSHORE LTD. - 523204 - Regulation 23 (9) Of SEBI (Lis
Regulation 23 (9) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') Read MoreBlogs