Abans Holdings Ltd - Stock Valuation and Financial Performance

BSE: 543712 | NSE: AHL | Finance - NBFC | Small Cap

Abans Holdings Share Price

366.25 -3.75 -1.01%
as on 20-Sep'24 16:01

DeciZen - make an informed investing decision on Abans Holdings

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Abans Holdings stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
1,825.1 Cr.
52-wk low:
265
52-wk high:
625

Is Abans Holdings Ltd an attractive stock to invest in?

1. Is Abans Holdings Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Abans Holdings Ltd is a below average quality company.

2. Is Abans Holdings Ltd undervalued or overvalued?

The key valuation ratios of Abans Holdings Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Abans Holdings Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Abans Holdings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Abans Holdings:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Abans Holdings Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)000.71.10.50.42.115
YoY Gr. Rt. %-NANA60.3%-58.7%-20%469.4%-
Adj EPS (₹ ) 0000000.2-1.9
YoY Gr. Rt. %-NANANANA33.3%425%-
BVPS (₹ )2.22.22.22.12.12.222.220.5
YoY Gr. Rt. %-0%0.5%-3.2%1.4%1.9%927.8%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)000.100.80.91.60

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest IncomeNANA23.4%469.4%
Adj EPSNANANA425%
BVPSNA59.5%119.8%927.8%
Share Price - - - 14.5%

Key Financial Ratios

RATIOS \ YEARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000-
Margins
Net Profit Margin (%)002.60.333.849.752-63
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)000.201.61.81.8-9.1

Recent Performance Summary

Total Income has increased 23.44 CAGR in last 3 years

Return on Equity is Poor

Net Profit has declined 0.00 CAGR in last 3 years

Total income growth is poor in last 4 quarters

Latest Financials - Abans Holdings Ltd.

Standalone Consolidated
TTM EPS (₹) -1.9 16.9
TTM Sales (₹ Cr.) 14.9 1,409
BVPS (₹.) 20.5 187.2
Reserves (₹ Cr.) 93 929
P/BV 17.79 1.94
PE 0.00 21.54
From the Market
52 Week Low / High (₹) 265.00 / 625.00
All Time Low / High (₹) 180.05 / 625.00
Market Cap (₹ Cr.) 1,825
Equity (₹ Cr.) 10
Face Value (₹) 2
Industry PE 33.7

Management X-Ray of Abans Holdings:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.002.773.195.7412.1214.20
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Abans Holdings

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Income001110215
Interest Income001100215
Other Income 00000000
Expenditure 001110124
Interest Expense 00000010
Operating Expenses 001110024
Provisions 00000000
Exceptional Items 00000000
Profit Before Tax 0000001-10
Taxes 0000000-3
Profit After Tax 0000001-7
Adjusted EPS (₹)0.00.00.00.00.00.00.2-1.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Equity Capital101010101010111121
Share Capital 0003991010
Reserves 101010711101111
Minority Interest00000000
Long Term Borrowings88149990-3
Current Liabilities 00121000
Trade Payables00120000
Short term borrowings00000000
Other Liabilities00-1-20000
Total Liabilities 181825201919111118

Assets

Non Current Asset 1818181818189898
Loan Asset 00000000
Other Non Current Asset 1818181818189898
Current Asset 0062111320
Current Investment006000817
Other Current Asset00121153
Total Assets 181825201919111118

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 00000-1-29
Cash Flow From Investing Activity 00-6600-88-9
Cash Flow From Financing Activity 006-601910
Net Cash Flow 00000010
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)12170000-1
DPS (₹)00000000
BVPS (₹)97129714973631222221

Performance Ratios

ROA (%)0.00.00.10.00.80.91.6-5.9
ROE (%)0.00.00.20.01.61.81.8-6.2
ROCE (%)0.00.00.10.01.31.32.8-8.3

Valuation Parameters

Price/Book(x)0.00.00.00.00.00.09.512.8

Abans Holdings Ltd Stock News

Abans Holdings Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Abans Holdings on 20-Sep-2024 16:01 is ₹366.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Sep-2024 16:01 the market cap of Abans Holdings stood at ₹1,825.1.
The latest P/E ratio of Abans Holdings as of 20-Sep-2024 16:01 is 0.00.
The latest P/B ratio of Abans Holdings as of 20-Sep-2024 16:01 is 17.79.
The 52-week high of Abans Holdings is ₹625.0 and the 52-week low is ₹265.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Abans Holdings is ₹14.89 ( Cr.) .

About Abans Holdings Ltd

The company was originally incorporated as - Abans Vanijya Private Limited on September 24, 2009 at Kolkata, West Bengal as a private limited company under the Companies Act, 1956 with the Registrar of Companies, West Bengal. Subsequently, the name of the Company was changed to -Abans Holdings Private Limited vide special resolution passed by the shareholders of the Company in their meeting held on November 20, 2019 and a fresh Certificate of Incorporation consequent to the change of name was granted to the Company on December 05, 2019, by the Registrar of Companies, Mumbai. Further, the company was converted into Public Limited Company pursuant to special resolution passed by the shareholders of the company in their meeting held on April 28, 2021 and the name of the company was changed to -Abans Holdings Limited and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated May 19, 2021 was issued by Registrar of Companies, Mumbai.

Abans Holdings represents the financial services arm of the Abans Group. It operates a diversified global financial services business, headquartered in India, providing NBFC services, global institutional trading in equities, commodities and foreign exchange, private client stock broking, depositary services, asset management services, investment advisory services and wealth management services to corporates, institutional and high net worth clients.

The company operates a RBI Registered NBFC (Non Deposit taking). Its Finance business is primarily focused on lending to private traders and other small and medium businesses involved in the commodities trading market. It is SEBI registered Stock and Commodity Exchange Brokers with memberships across all the major stock exchanges in India, including BSE, NSE, MSEI, MCX, NCDEX and ICEX. Further being FCA registered financial services firm in London, it has direct/indirect memberships in various international exchanges like DGCX (Dubai), LME (London), INE and DCE (China). It is also a SEBI Registered Portfolio Management company as well as a SEBI Registered Category-I FPI.

The company offers various institutional and non-institutional trading services, wealth management and private client brokerage services, mainly in equity, commodities and foreign exchange. Its Capital Business includes its internal treasury operations which manage its excess capital funds. It does so by investing its capital in low / medium risk strategies, maintaining positions in physical as well as exchange traded commodities and other instruments. The company structures its treasury investments to maintain sufficient liquidity in its portfolio to support the capital needs of its other businesses. Further it provides Warehousing Services to commodity market participants.

Business area of the company

The company is a globally diversified organization engaged in Investment Management, Trading, Broking, Gold Refining, Non-Banking Financial Services, Agricultural Trading, Pharmaceuticals Distribution, Software Development, and Real Estate Development.

Major Events

  • 2009: Incorporation of the Company.
  • 2009: Acquired Abans Finance Pvt. Ltd. as a 99.9% subsidiary.
  • 2010: Ventured into international financial markets & trading business by incorporating a FCA regulated company, Abans Global Limited in the United Kingdom.
  • 2012: The company’s subsidiary, Abans Finance Pvt. Ltd. acquired Abans Securities Pvt. Ltd. and Abans Commodities (I) Pvt. Ltd. as its subsidiaries.
  • 2013: The company’s subsidiary, Abans Finance Pvt. Ltd. acquired Abans Broking Services Pvt. Ltd. as its subsidiary.
  • 2013: The company’s subsidiary, Abans Finance Pvt. Ltd. registered with RBI as a NBFC.
  • 2014: The company’s subsidiary, Abans Securities Pvt. Ltd. received SEBI Registration to act as a Stock Broker on perpetual basis. (Before acquisition Abans Securities Pvt Ltd already held SEBI Registration to act as Stock Broker which was renewed post acquisition).
  • 2015: Obtained membership at Dubai Gold & Commodities Exchange and the London Metal Exchange through Abans Global Limited.
  • 2015: Set-up CIS and other portfolio business under Abans International Ltd. in Mauritius.
  • 2015: The company’s subsidiary, Abans Securities Pvt. Ltd. received SEBI Registration to act as a Depository Participant on perpetual basis. (Before acquisition Abans Securities Pvt Ltd already held SEBI Registration to act as Depository Participant which was renewed post acquisition).
  • 2016: The company’s  subsidiary, Abans Global Broking (IFSC) Pvt. Ltd. obtained SEBI Registration as a Stock Broker (For operating in GIFT IFSC).
  • 2016: Ventured into Warehousing business by acquiring 100% shareholding in Abans Agri Warehousing & Logistics Pvt. Ltd.
  • 2016: The company’s subsidiary, Abans Global Limited (UK) obtained membership at DCE and INE.
  • 2016: The company’s subsidiary, Abans Broking Services Pvt. Ltd., obtained SEBI Registration as a Research Analyst.
  • 2019: The company’s subsidiary, Abans Securities Pvt. Ltd., obtained MCX membership as a Trading Member.
  • 2019: Incorporated Abans Capital Pvt. Ltd. as a wholly owned subsidiary of the Company.
  • 2020: The company’s subsidiary, Abans Commodities (I) Pvt. Ltd., obtained SEBI Registration as an Investment Advisor.
  • 2021: All Non-NBFC businesses de-merged from Abans Finance Pvt. Ltd. into Abans Capital Pvt. Ltd.
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