Aban Offshore Ltd Q2 FY19 Share Price & Earnings Call Analysis

Financials of Aban Offshore Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Aban Offshore Ltd

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +7973105639413712811511611611410591
Expenses +8416614710413417079738369598750
Operating Profit-5-93-42-40-39-3350423347551842
OPM %-7%-128%-40%-63%-42%-24%39%37%28%41%48%17%46%
Other Income +1118141212102515845238
Interest2752872762652742772732772792802802893
Depreciation12112123223133332725242525
Profit before tax-282-373-325-316-324-330-231-110-270-253-246-29322
Tax %2%2%2%0%1%3%3%5%2%3%3%5%-36%
Net Profit +-287-381-333-318-327-340-238-115-277-260-253-30730
EPS in Rs-49.24-65.21-57.10-54.43-55.99-58.28-40.72-19.76-47.38-44.52-43.32-52.685.06

Financials of Aban Offshore Ltd

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +3,9364,0413,3351,7581,4678489741,069598397400476426
Expenses +1,7321,6621,4438512,0534,3698,3402,0181,580528556304264
Operating Profit2,2042,3791,892907-586-3,520-7,365-949-982-131-156172163
OPM %56%59%57%52%-40%-415%-756%-89%-164%-33%-39%36%38%
Other Income +314421151411313257692254819218
Interest1,1411,0911,0381,0901,2821,1371,2031,1061,0971,1101,0921,110852
Depreciation5485989027016656758451951454797118100
Profit before tax546734-27-870-2,518-5,220-9,401-1,992-2,154-1,063-1,297-865-771
Tax %28%26%806%20%4%1%-5%-1%1%3%2%3%
Net Profit +393545-241-1,041-2,606-5,273-8,973-1,973-2,177-1,091-1,318-889-791
EPS in Rs90.3394.35-41.30-178.33-446.58-903.52-1,537.32-337.96-373.01-186.88-225.79-152.38-135.46
Dividend Payout %4%4%0%0%0%0%0%0%0%0%0%0%

Financials of Aban Offshore Ltd

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital9121212121212121212121212
Reserves3,8775,4083,6822,6247-5,320-15,332-16,834-19,524-22,308-23,884-25,414-26,888
Borrowings +14,84214,34114,71614,00513,74014,35115,68815,18515,24915,13515,30815,69716,278
Other Liabilities +1,3201,2121,8202,0873,1794,6155,6436,2577,2328,88910,07911,23812,241
Total Liabilities20,04720,97320,22918,72816,93813,6576,0114,6192,9681,7271,5151,5331,643
Fixed Assets +17,86618,36317,19716,20314,36911,2624,0523,191704693682663684
CWIP01909060000000
Investments8131627272623232323222222
Other Assets +2,1732,5783,0162,4882,5422,3631,9351,4052,2411,010811848937
Total Assets20,04720,97320,22918,72816,93813,6576,0114,6192,9681,7271,5151,5331,643

Financials of Aban Offshore Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +2,992-6641,2991,802396978-976679-434130-72139
Cash from Investing Activity +-1,425-921-845257-68-1,590-636112061,400-1119
Cash from Financing Activity +-1,5651,559-452-2,102-3196561,635-620253-1,470-22-9
Net Cash Flow2-263-4394423702661-105148
Free Cash Flow1,567-1,5991,2161,755278-618-1,612685-2321,526-89155
CFO/OP141%-18%75%225%-87%-31%13%-72%44%-97%46%83%

Financials of Aban Offshore Ltd

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days11914425438546647941118425530112762
Inventory Days
Days Payable
Cash Conversion Cycle11914425438546647941118425530112762
Working Capital Days-2722-7-314-3,495-7,007-7,320-6,906-13,215-21,480-22,707-20,379
ROCE %9%9%5%1%-8%-36%-174%