MarketFriction

Abans Financial Services Ltd

NSE AFSL · BSE 543712 · Holding Company
₹201.00 +0.00%
NSE close2026-10-01
52 week range194.41 - 227.00
Market cap₹1,030 Cr.
P/E8.02
IPO 2022 · -26% since Price band 20% Delivery 97.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3655062522966411,2801,0631,8946,8326,4958,7083,713
Expenses3274682152525951,2281,0161,8426,7846,4518,6933,613
Operating Profit3938374446524851484416100
OPM %11%8%15%15%7%4.0%4.5%2.7%0.7%0.7%0.2%2.7%
Other Income010010122111
Interest1413121512171512991213
Depreciation000000000011
Profit before tax25262529353533414036486
Tax %6%8%16%16%22%24%9%21%-6%4%188%24%
Net Profit23242124272730334234-466
EPS in Rs4.264.323.894.435.065.135.615.927.556.33-0.7612.19
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,3772,7711,3316451,1631,3803,28123,87425,747
Expenses4,3212,6751,2505541,0781,2283,09123,71525,541
Operating Profit5796819186152190159206
OPM %1.3%3.5%6%14%7%11%6%0.7%0.8%
Other Income010200254
Interest175331261052594142
Depreciation211111123
Profit before tax3842496676100132121166
Tax %6%7%7%6%7%11%18%13%
Net Profit363946627089109105138
EPS in Rs35,330.00112.899.0412.2712.9216.3020.1519.0125.31
Dividend Payout %0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%78%174%428%
Compounded Profit Growth%18%14%17%
Stock Price CAGR%%-16%-2%
Return on Equity%9%9%8%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.0139910101010
Reserves3704975536228179211,0641,240
Borrowings38431926886441929834754
Other Liabilities3333953524525951,0361,151897
Total Liabilities1,0861,2131,1821,1691,8632,8963,0602,901
Fixed Assets2721202019212233
CWIP00000000
Investments394760975701,0079741,314
Other Assets1,0201,1441,1011,0521,2741,8692,0641,553
Total Assets1,0861,2131,1821,1691,8632,8963,0602,901
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1261862-1221133-119505
Cash from Investing Activity1-64-4-35-466-446156-269
Cash from Financing Activity1852266-21418403-150-13
Net Cash Flow59-24124-67163-10-112223
Free Cash Flow-1281462-1221132-121503
CFO/OP-215%21%80%-8%252%29%-52%341%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2057941697858371
Inventory Days64742221820
Days Payable14301776281361
Cash Conversion Cycle113185135726334-0
Working Capital Days55102176319128169753
ROCE %11%9%10%8%9%10%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.09%72.09%72.09%72.09%72.02%71.50%71.48%71.47%71.43%71.36%71.36%71.11%
FIIs11.72%11.58%11.47%10.42%11.07%12.86%15.11%15.70%16.14%17.03%19.02%20.71%
DIIs0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.05%0.00%0.00%0.00%0.00%
Public16.19%16.34%16.45%17.50%16.88%15.64%13.41%12.78%12.42%11.61%9.61%8.18%
No. of Shareholders14,52413,19312,87111,45915,51316,53716,78616,21516,14015,47314,63514,110

Fundamentals

Market Cap₹ 1,030 Cr.
Current Price₹ 201
Stock P/E8.02
Book Value₹ 247
ROCE7.90 %
ROE8.29 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)428%
Compounded Profit Growth (TTM)17%
Consolidated figures.
Valuation
Market capRs 1,008 Cr
Enterprise valueRs 1,660 Cr
P/E (TTM)7.85x
Price to book1.08x
Price to sales0.04x
EV / EBITDA7.87x
EV / EBIT7.97x
EV / sales0.06x
Price to cash flow30.17x
Earnings yield12.73%
P/E, 3-year average16.43x
P/B, 3-year average1.36x
P/E, 5-year average16.43x
P/B, 5-year average1.36x
Profitability
Operating margin (excl. other income)11.01%
Operating margin (incl. other income)11.04%
EBITDA margin0.82%
Pre-tax margin0.64%
Net profit margin0.50%
Net margin, latest quarter1.67%
ROE9.30%
ROCE9.70%
ROA3.44%
ROE, 3-year average9.24%
ROCE, 3-year average10.06%
ROA, 3-year average4.18%
ROE, 5-year average8.73%
ROCE, 5-year average10.42%
ROA, 5-year average3.82%
ROIC (approx.)11.75%
Tax rate10.77%
Other income / net worth0.04%
Growth
Sales growth (latest year)18.62%
Profit growth (latest year)26.21%
Sales CAGR, 3 years1.21%
Sales CAGR, 5 years-20.62%
Profit CAGR, 3 years24.96%
Profit CAGR, 5 years18.27%
Sales growth QoQ-57.37%
Sales growth YoY (latest quarter)96.05%
Profit growth YoY (latest quarter)106.84%
Per share
EPS (TTM)Rs 25.59
EPS (latest year)Rs 16.30
EPS (latest quarter)Rs 12.35
EPS, 3-year averageRs 13.83
EPS, 5-year averageRs 32.69
Book value per shareRs 185.62
Sales per shareRs 5,134.48
Cash flow per shareRs 6.66
Free cash flow per shareRs 100.31
Efficiency
Asset turnover0.48x
Fixed asset turnover66.96x
Inventory turnover20.59x
Inventory days18 days
Debtor days58 days
Debtors turnover6.24x
Creditor days1 days
Cash conversion cycle-0 days
Working capital days3 days
Leverage
Total debtRs 929 Cr
Cash and bankRs 278 Cr
Net debtRs 652 Cr
Debt to equity1.00x
Net debt / EBITDA3.09x
Interest coverage4.92x
Current ratio (filing 2026-03-31)1.95x
Quick ratio (filing 2026-03-31)1.95x
Trade payables (filing 2026-03-31)Rs 46 Cr
Owners' fund to total sources32.14%
Debt to assets32.09%
Cash flow
Cash from Operating Activity (latest year)Rs 33 Cr
Cash from Investing Activity (latest year)Rs -446 Cr
Cash from Financing Activity (latest year)Rs 403 Cr
Net Cash Flow (latest year)Rs -10 Cr
Free cash flow (latest year)Rs 503 Cr
FCFE (approx.: FCF + change in debt)Rs 991 Cr
Cash from ops / profit, 5 years1.42x
Sales to cash flow41.31x
Statement figures
Net sales (TTM)Rs 25,747 Cr
Net sales (latest year)Rs 1,380 Cr
Sales (latest quarter)Rs 3,713 Cr
Operating profit excl. other income (latest year)Rs 152 Cr
Operating profit (latest quarter)Rs 100 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 211 Cr
PBDT (TTM)Rs 169 Cr
Profit before tax (TTM)Rs 166 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 128 Cr
Net profit (latest year)Rs 82 Cr
Net profit (latest quarter)Rs 62 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 42 Cr
Cost of goods sold (latest year)Rs 1,150 Cr
Total expenditure (latest year)Rs 1,228 Cr
Total income (latest year)Rs 1,380 Cr
Share capitalRs 10 Cr
ReservesRs 921 Cr
Shareholders' fundsRs 931 Cr
Total assetsRs 2,896 Cr
Net blockRs 21 Cr
InvestmentsRs 1,007 Cr
ReceivablesRs 221 Cr
InventoryRs 56 Cr
Other liabilitiesRs 1,036 Cr
Shares outstanding (crore)5.01
Ownership
Promoter holding71.11% (-0.36 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 7.8 is at the 4th percentile of its own 3.9-year range (median 27.3, low 7.8, high 50.6).
P/B 1.08 is the lowest in 3.9 years (median 2.09).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodAFSLNifty 50Difference
1 week-1.2%-2.8% +1.6 pts
1 month-3.2%-6.8% +3.6 pts
3 months-0.0%-7.6% +7.6 pts
6 months+0.0%+0.4% -0.4 pts
1 year-3.2%-9.9% +6.7 pts
2 years-43.9%-13.6% -30.4 pts
3 years-41.3%+14.2% -55.5 pts

Red flags

F-score 4 of 8
lookRegulator order or action Regulator order or action 2026-06-04: Abans Financial Services Limited has informed the Exchange about Action(s) taken or orders passed in the matter of Abans Financial Services
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹3,713 Cr +96.0% vs Jun 2025. Net profit ₹66 Cr +100.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-07-19Annual General Meeting
2023-09-22Annual General Meeting
DateTypeWhat it says
2026-09-17ESOPRevised Allotment of Equity Shares pursuant to Abans Financial Services Limited (Formerly known as Abans Holdings Limited) ESOP Scheme 2023
2026-09-11Shareholder meetingVoting results.
2026-09-10Shareholder meetingProceedings of Annual General Meeting held on September 10, 2026
2026-09-10ESOPAllotment of Equity Shares pursuant to Abans Financial Services Limited (Formerlyknown as Abans Holdings Limited) ESOP Scheme 2023
2026-09-07Trading Plan under PITTrading Plan pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
2026-08-26Trading Plan under PITTrading Plan pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
2026-08-19General UpdatesLetter To The Shareholders - Annual Report FY 2025-26
2026-08-19Shareholder meetingNotice of Annual General Meeting to be held on September 10, 2026
2026-08-10Shareholder meetingSrutinizers report and Voting Results of Postal Ballot Notice dated July 07, 2026
2026-08-10Board meeting outcomeOutcome of Board Meeting held on August 10, 2026.
2026-08-10Board meeting outcomeAbans Financial Services Limited has submitted to the Exchange, the financial results for the quarter ended Jun 30, 2026.
2026-08-06Change in ManagementChange in Management
2026-08-06Director changeChange in Director(s) of the company.
2026-08-06ResignationIntimation of resignation of a Director
2026-08-06CessationIntimation of cessation of Director
2026-07-10Shareholder meetingNotice of Postal Ballot
2026-07-02UpdatesGeneral Update.
2026-06-25Reply to Clarification- FinaThe Exchange had sought clarification from Abans Financial Services Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEB...
2026-06-19Disclosure under SEBI TakeovBabita Chaturvedi has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial...
2026-06-17Giving guarantees/indemnity/Intimation Under Regulation 30 Of SEBI LODR Regulations, 2015 - Issuance Of Corporate Guarantee.
2026-06-10ESOPAllotment of Equity Shares pursuant to Abans Financial Services Limited ESOP Scheme 2023
2026-06-05Disclosure under SEBI TakeovAbhishek Bansal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial A...
2026-06-05Disclosure under SEBI TakeovShriyam Bansal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Ac...
2026-06-04Regulatory actionAction(s) taken or orders passed in the matter of Abans Financial Services Limited (IFSC Branch).
2026-05-21Change in ManagementChange in Management
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Abans Financial Services Ltd?

Abans Financial Services Ltd (AFSL) has a market capitalisation of Rs 1,030 Cr. at the 2026-10-01 close.

What is the P/E ratio of Abans Financial Services Ltd?

Abans Financial Services Ltd trades at a P/E of 8.02 on trailing twelve-month profit, at the 2026-10-01 close.

What were Abans Financial Services Ltd's latest quarterly results?

In the Jun 2026 quarter, Abans Financial Services Ltd sales was Rs 3,713 Cr (+96.0% vs Jun 2025) and net profit was Rs 66 Cr.

What is the 52-week high and low of Abans Financial Services Ltd?

The 52-week high is Rs 227.00 and the 52-week low is Rs 194.41.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03